Table 4c: Insolvencies by NAICS Economic Sectors, Nova Scotiasector | Volume | 2015 |
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2015 | 2014 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
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Agriculture, Forestry, Fishing and Hunting | 4 | 3 | 33.3 | 120,890 | 8,491,560 |
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Bankruptcies | 1 | 2 | -50.0 | 120,890 | 321,720 |
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Proposals | 3 | 1 | 200.0 | 0 | 8,169,840 |
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Mining and Oil and Gas Extraction | 1 | 2 | -50.0 | 0 | 0 |
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Bankruptcies | 1 | 0 | -- | 0 | 0 |
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Proposals | 0 | 2 | -100.0 | 0 | 0 |
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Utilities | 0 | 2 | -100.0 | 0 | 0 |
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Bankruptcies | 0 | 2 | -100.0 | 0 | 0 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Construction | 18 | 6 | 200.0 | 1,521,316 | 5,614,294 |
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Bankruptcies | 15 | 4 | 275.0 | 823,186 | 4,548,446 |
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Proposals | 3 | 2 | 50.0 | 698,130 | 1,065,848 |
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Manufacturing | 10 | 7 | 42.9 | 4,619,203 | 20,702,005 |
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Bankruptcies | 7 | 5 | 40.0 | 4,222,328 | 17,319,743 |
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Proposals | 3 | 2 | 50.0 | 396,875 | 3,382,262 |
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Wholesale Trade | 4 | 3 | 33.3 | 960,902 | 2,046,517 |
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Bankruptcies | 4 | 3 | 33.3 | 960,902 | 2,046,517 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Retail Trade | 10 | 6 | 66.7 | 6,014,665 | 9,810,371 |
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Bankruptcies | 10 | 4 | 150.0 | 6,014,665 | 9,810,371 |
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Proposals | 0 | 2 | -100.0 | 0 | 0 |
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Transportation and Warehousing | 3 | 4 | -25.0 | 115,609 | 689,293 |
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Bankruptcies | 2 | 3 | -33.3 | 100,908 | 563,900 |
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Proposals | 1 | 1 | 0.0 | 14,701 | 125,393 |
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Information and Cultural Industries | 1 | 2 | -50.0 | 0 | 0 |
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Bankruptcies | 0 | 0 | -- | 0 | 0 |
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Proposals | 1 | 2 | -50.0 | 0 | 0 |
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Finance and Insurance | 2 | 1 | 100.0 | 5,802 | 598,563 |
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Bankruptcies | 2 | 0 | -- | 5,802 | 598,563 |
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Proposals | 0 | 1 | -100.0 | 0 | 0 |
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Real Estate and Rental and Leasing | 3 | 2 | 50.0 | 16,001 | 31,525 |
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Bankruptcies | 1 | 0 | -- | 16,001 | 31,525 |
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Proposals | 2 | 2 | 0.0 | 0 | 0 |
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Professional, Scientific and Technical Services | 5 | 3 | 66.7 | 233,200 | 12,623,840 |
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Bankruptcies | 3 | 3 | 0.0 | 233,200 | 5,693,114 |
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Proposals | 2 | 0 | -- | 0 | 6,930,726 |
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Management of Companies and Enterprises | 3 | 1 | 200.0 | 12,391,106 | 30,861,562 |
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Bankruptcies | 3 | 1 | 200.0 | 12,391,106 | 30,861,562 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Administrative and Support, Waste Management and Remediation Services | 5 | 4 | 25.0 | 268,043 | 1,642,289 |
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Bankruptcies | 4 | 1 | 300.0 | 268,043 | 1,390,464 |
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Proposals | 1 | 3 | -66.7 | 0 | 251,825 |
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Educational Services | 1 | 2 | -50.0 | 226,501 | 497,602 |
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Bankruptcies | 1 | 2 | -50.0 | 226,501 | 497,602 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Health Care and Social Assistance | 2 | 7 | -71.4 | 0 | 1,720,680 |
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Bankruptcies | 1 | 3 | -66.7 | 0 | 1,720,680 |
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Proposals | 1 | 4 | -75.0 | 0 | 0 |
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Arts, Entertainment and Recreation | 2 | 1 | 100.0 | 4,003 | 719,084 |
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Bankruptcies | 2 | 1 | 100.0 | 4,003 | 719,084 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Accommodation and Food Services | 11 | 14 | -21.4 | 7,457,902 | 12,960,704 |
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Bankruptcies | 5 | 12 | -58.3 | 7,297,902 | 11,406,626 |
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Proposals | 6 | 2 | 200.0 | 160,000 | 1,554,078 |
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Other Services (except Public Administration) | 8 | 7 | 14.3 | 185,006 | 602,222 |
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Bankruptcies | 7 | 6 | 16.7 | 185,006 | 602,222 |
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Proposals | 1 | 1 | 0.0 | 0 | 0 |
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Public Administration | 0 | 0 | -- | 0 | 0 |
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Bankruptcies | 0 | 0 | -- | 0 | 0 |
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Proposals | 0 | 0 | -- | 0 | 0 |
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Total | 93 | 77 | 20.8 | 34,140,149 | 109,612,111 |
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Bankruptcies | 69 | 52 | 32.7 | 32,870,443 | 88,132,139 |
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Proposals | 24 | 25 | -4.0 | 1,269,706 | 21,479,972 |
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