Table 4: Insolvencies byNAICSEconomic Sectors, Canadasector | Volume | 2016 |
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2016 | 2015 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
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Agriculture, Forestry, Fishing and Hunting | 88 | 84 | 4.8 | 10,919,852 | 62,239,263 |
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Bankruptcies | 62 | 43 | 44.2 | 9,092,356 | 37,114,480 |
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Proposals | 26 | 41 | -36.6 | 1,827,496 | 25,124,783 |
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Mining and Oil and Gas Extraction | 72 | 44 | 63.6 | 105,453,303 | 12,539,173,268 |
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Bankruptcies | 50 | 31 | 61.3 | 102,977,800 | 12,380,500,360 |
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Proposals | 22 | 13 | 69.2 | 2,475,503 | 158,672,908 |
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Utilities | 9 | 13 | -30.8 | 19,472,404 | 79,723,247 |
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Bankruptcies | 3 | 10 | -70.0 | 16,601 | 503,130 |
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Proposals | 6 | 3 | 100.0 | 19,455,803 | 79,220,117 |
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Construction | 711 | 775 | -8.3 | 94,817,632 | 553,211,242 |
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Bankruptcies | 520 | 572 | -9.1 | 84,474,884 | 391,302,996 |
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Proposals | 191 | 203 | -5.9 | 10,342,748 | 161,908,246 |
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Manufacturing | 299 | 380 | -21.3 | 44,227,637 | 504,144,647 |
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Bankruptcies | 216 | 267 | -19.1 | 32,265,795 | 386,721,212 |
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Proposals | 83 | 113 | -26.5 | 11,961,842 | 117,423,435 |
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Wholesale Trade | 179 | 208 | -13.9 | 29,138,078 | 251,288,579 |
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Bankruptcies | 142 | 154 | -7.8 | 24,456,286 | 193,122,113 |
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Proposals | 37 | 54 | -31.5 | 4,681,792 | 58,166,466 |
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Retail Trade | 454 | 502 | -9.6 | 50,223,325 | 301,479,139 |
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Bankruptcies | 331 | 385 | -14.0 | 43,559,412 | 181,867,013 |
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Proposals | 123 | 117 | 5.1 | 6,663,913 | 119,612,126 |
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Transportation and Warehousing | 225 | 219 | 2.7 | 16,492,972 | 236,029,724 |
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Bankruptcies | 177 | 159 | 11.3 | 14,762,211 | 215,348,919 |
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Proposals | 48 | 60 | -20.0 | 1,730,761 | 20,680,805 |
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Information and Cultural Industries | 71 | 72 | -1.4 | 6,202,505 | 75,409,506 |
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Bankruptcies | 56 | 54 | 3.7 | 6,116,089 | 36,351,204 |
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Proposals | 15 | 18 | -16.7 | 86,416 | 39,058,302 |
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Finance and Insurance | 64 | 74 | -13.5 | 178,419,513 | 741,906,637 |
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Bankruptcies | 52 | 55 | -5.5 | 177,955,805 | 739,442,951 |
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Proposals | 12 | 19 | -36.8 | 463,708 | 2,463,686 |
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Real Estate and Rental and Leasing | 154 | 141 | 9.2 | 120,807,978 | 481,845,350 |
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Bankruptcies | 101 | 114 | -11.4 | 111,241,928 | 398,683,989 |
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Proposals | 53 | 27 | 96.3 | 9,566,050 | 83,161,361 |
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Professional, Scientific and Technical Services | 296 | 287 | 3.1 | 17,541,647 | 393,674,105 |
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Bankruptcies | 228 | 224 | 1.8 | 14,727,672 | 365,295,110 |
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Proposals | 68 | 63 | 7.9 | 2,813,975 | 28,378,995 |
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Management of Companies and Enterprises | 77 | 57 | 35.1 | 15,736,136 | 312,060,031 |
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Bankruptcies | 55 | 40 | 37.5 | 15,498,340 | 91,944,461 |
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Proposals | 22 | 17 | 29.4 | 237,796 | 220,115,570 |
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Administrative and Support, Waste Management and Remediation Services | 191 | 196 | -2.6 | 13,570,791 | 221,873,784 |
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Bankruptcies | 143 | 148 | -3.4 | 8,353,151 | 59,202,365 |
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Proposals | 48 | 48 | 0.0 | 5,217,640 | 162,671,419 |
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Educational Services | 32 | 37 | -13.5 | 1,746,216 | 27,000,567 |
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Bankruptcies | 20 | 30 | -33.3 | 845,711 | 7,263,946 |
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Proposals | 12 | 7 | 71.4 | 900,505 | 19,736,621 |
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Health Care and Social Assistance | 71 | 75 | -5.3 | 4,556,102 | 23,668,753 |
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Bankruptcies | 52 | 56 | -7.1 | 4,106,411 | 19,470,773 |
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Proposals | 19 | 19 | 0.0 | 449,691 | 4,197,980 |
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Arts, Entertainment and Recreation | 80 | 71 | 12.7 | 19,278,392 | 48,834,741 |
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Bankruptcies | 64 | 52 | 23.1 | 2,177,629 | 25,027,378 |
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Proposals | 16 | 19 | -15.8 | 17,100,763 | 23,807,363 |
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Accommodation and Food Services | 610 | 658 | -7.3 | 23,266,562 | 191,976,190 |
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Bankruptcies | 473 | 526 | -10.1 | 19,022,101 | 140,482,548 |
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Proposals | 137 | 132 | 3.8 | 4,244,461 | 51,493,642 |
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Other Services (except Public Administration) | 162 | 210 | -22.9 | 11,537,780 | 55,799,842 |
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Bankruptcies | 136 | 165 | -17.6 | 8,958,395 | 43,250,549 |
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Proposals | 26 | 45 | -42.2 | 2,579,385 | 12,549,293 |
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Public Administration | 4 | 4 | 0.0 | 32,408 | 817,539 |
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Bankruptcies | 3 | 4 | -25.0 | 32,407 | 594,538 |
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Proposals | 1 | 0 | -- | 1 | 223,001 |
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Total | 3,849 | 4,107 | -6.3 | 783,441,233 | 17,102,156,154 |
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Bankruptcies | 2,884 | 3,089 | -6.6 | 680,640,984 | 15,713,490,035 |
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Proposals | 965 | 1,018 | -5.2 | 102,800,249 | 1,388,666,119 |
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