Insolvency Statistics in Canada—2016 (Table 4)

Table 4: Insolvencies byNAICSEconomic Sectors, Canada
sectorVolume2016
20162015% ChangeAssets Declared at the Time of Filing ($)Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting88844.810,919,85262,239,263
Bankruptcies624344.29,092,35637,114,480
Proposals2641-36.61,827,49625,124,783
Mining and Oil and Gas Extraction724463.6105,453,30312,539,173,268
Bankruptcies503161.3102,977,80012,380,500,360
Proposals221369.22,475,503158,672,908
Utilities913-30.819,472,40479,723,247
Bankruptcies310-70.016,601503,130
Proposals63100.019,455,80379,220,117
Construction711775-8.394,817,632553,211,242
Bankruptcies520572-9.184,474,884391,302,996
Proposals191203-5.910,342,748161,908,246
Manufacturing299380-21.344,227,637504,144,647
Bankruptcies216267-19.132,265,795386,721,212
Proposals83113-26.511,961,842117,423,435
Wholesale Trade179208-13.929,138,078251,288,579
Bankruptcies142154-7.824,456,286193,122,113
Proposals3754-31.54,681,79258,166,466
Retail Trade454502-9.650,223,325301,479,139
Bankruptcies331385-14.043,559,412181,867,013
Proposals1231175.16,663,913119,612,126
Transportation and Warehousing2252192.716,492,972236,029,724
Bankruptcies17715911.314,762,211215,348,919
Proposals4860-20.01,730,76120,680,805
Information and Cultural Industries7172-1.46,202,50575,409,506
Bankruptcies56543.76,116,08936,351,204
Proposals1518-16.786,41639,058,302
Finance and Insurance6474-13.5178,419,513741,906,637
Bankruptcies5255-5.5177,955,805739,442,951
Proposals1219-36.8463,7082,463,686
Real Estate and Rental and Leasing1541419.2120,807,978481,845,350
Bankruptcies101114-11.4111,241,928398,683,989
Proposals532796.39,566,05083,161,361
Professional, Scientific and Technical Services2962873.117,541,647393,674,105
Bankruptcies2282241.814,727,672365,295,110
Proposals68637.92,813,97528,378,995
Management of Companies and Enterprises775735.115,736,136312,060,031
Bankruptcies554037.515,498,34091,944,461
Proposals221729.4237,796220,115,570
Administrative and Support, Waste Management and Remediation Services191196-2.613,570,791221,873,784
Bankruptcies143148-3.48,353,15159,202,365
Proposals48480.05,217,640162,671,419
Educational Services3237-13.51,746,21627,000,567
Bankruptcies2030-33.3845,7117,263,946
Proposals12771.4900,50519,736,621
Health Care and Social Assistance7175-5.34,556,10223,668,753
Bankruptcies5256-7.14,106,41119,470,773
Proposals19190.0449,6914,197,980
Arts, Entertainment and Recreation807112.719,278,39248,834,741
Bankruptcies645223.12,177,62925,027,378
Proposals1619-15.817,100,76323,807,363
Accommodation and Food Services610658-7.323,266,562191,976,190
Bankruptcies473526-10.119,022,101140,482,548
Proposals1371323.84,244,46151,493,642
Other Services (except Public Administration)162210-22.911,537,78055,799,842
Bankruptcies136165-17.68,958,39543,250,549
Proposals2645-42.22,579,38512,549,293
Public Administration440.032,408817,539
Bankruptcies34-25.032,407594,538
Proposals10-- 1223,001
Total3,8494,107-6.3783,441,23317,102,156,154
Bankruptcies2,8843,089-6.6680,640,98415,713,490,035
Proposals9651,018-5.2102,800,2491,388,666,119