Insolvency Statistics in Canada—Fourth Quarter of 2017

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q4 2017 Q3 2017 Q4 2016 Q3 2017 to
Q4 2017
Q4 2016 to
Q4 2017
12-31-2017 12-31-2016 % Change
Agriculture, Forestry, Fishing and Hunting 17 17 35 0.0 -51.4 68 88 -22.7
Bankruptcies 9 12 24 -25.0 -62.5 49 62 -21.0
Proposals 8 5 11 60.0 -27.3 19 26 -26.9
Mining and Oil and Gas Extraction 16 10 32 60.0 -50.0 47 72 -34.7
Bankruptcies 11 5 27 120.0 -59.3 30 50 -40.0
Proposals 5 5 5 0.0 0.0 17 22 -22.7
Utilities 2 1 4 100.0 -50.0 6 9 -33.3
Bankruptcies 2 1 2 100.0 0.0 6 3 100.0
Proposals 0 0 2 n/a -100.0 0 6 -100.0
Construction 174 146 172 19.2 1.2 660 711 -7.2
Bankruptcies 122 105 124 16.2 -1.6 479 520 -7.9
Proposals 52 41 48 26.8 8.3 181 191 -5.2
Manufacturing 97 67 74 44.8 31.1 343 299 14.7
Bankruptcies 61 45 47 35.6 29.8 238 216 10.2
Proposals 36 22 27 63.6 33.3 105 83 26.5
Wholesale Trade 43 42 49 2.4 -12.2 172 179 -3.9
Bankruptcies 29 31 39 -6.5 -25.6 122 142 -14.1
Proposals 14 11 10 27.3 40 50 37 35.1
Retail Trade 101 79 90 27.8 12.2 403 454 -11.2
Bankruptcies 86 68 62 26.5 38.7 319 331 -3.6
Proposals 15 11 28 36.4 -46.4 84 123 -31.7
Transportation and Warehousing 46 47 63 -2.1 -27.0 223 225 -0.9
Bankruptcies 34 38 49 -10.5 -30.6 171 177 -3.4
Proposals 12 9 14 33.3 -14.3 52 48 8.3
Information and Cultural Industries 13 15 24 -13.3 -45.8 61 71 -14.1
Bankruptcies 10 12 13 -16.7 -23.1 46 56 -17.9
Proposals 3 3 11 0.0 -72.7 15 15 0.0
Finance and Insurance 17 15 11 13.3 54.5 66 64 3.1
Bankruptcies 12 9 11 33.3 9.1 52 52 0.0
Proposals 5 6 0 -16.7 n/a 14 12 16.7
Real Estate and Rental and Leasing 30 37 35 -18.9 -14.3 136 154 -11.7
Bankruptcies 23 25 23 -8.0 0.0 98 101 -3.0
Proposals 7 12 12 -41.7 -41.7 38 53 -28.3
Professional, Scientific and Technical Services 65 58 77 12.1 -15.6 256 296 -13.5
Bankruptcies 49 48 62 2.1 -21.0 199 228 -12.7
Proposals 16 10 15 60.0 6.7 57 68 -16.2
Management of Companies and Enterprises 29 13 23 123.1 26.1 82 77 6.5
Bankruptcies 21 12 17 75.0 23.5 64 55 16.4
Proposals 8 1 6 700.0 33.3 18 22 -18.2
Administrative and Support, Waste Management and Remediation Services 33 30 54 10.0 -38.9 150 191 -21.5
Bankruptcies 23 18 43 27.8 -46.5 110 143 -23.1
Proposals 10 12 11 -16.7 -9.1 40 48 -16.7
Educational Services 7 5 8 40.0 -12.5 37 32 15.6
Bankruptcies 5 3 6 66.7 -16.7 31 20 55.0
Proposals 2 2 2 0.0 0.0 6 12 -50.0
Health Care and Social Assistance 23 15 18 53.3 27.8 81 71 14.1
Bankruptcies 18 12 14 50.0 28.6 62 52 19.2
Proposals 5 3 4 66.7 25.0 19 19 0.0
Arts, Entertainment and Recreation 25 17 19 47.1 31.6 79 80 -1.3
Bankruptcies 21 10 13 110.0 61.5 59 64 -7.8
Proposals 4 7 6 -42.9 -33.3 20 16 25.0
Accommodation and Food Services 144 128 121 12.5 19.0 544 610 -10.8
Bankruptcies 103 91 100 13.2 3.0 404 473 -14.6
Proposals 41 37 21 10.8 95.2 140 137 2.2
Other Services (except Public Administration) 55 46 34 19.6 61.8 190 162 17.3
Bankruptcies 45 39 27 15.4 66.7 157 136 15.4
Proposals 10 7 7 42.9 42.9 33 26 26.9
Public Administration 0 2 1 -100.0 -100.0 5 4 25.0
Bankruptcies 0 1 0 -100.0 n/a 4 3 33.3
Proposals 0 1 1 -100.0 -100.0 1 1 0.0
Total 937 790 944 18.6 -0.7 3,609 3,849 -6.2
Bankruptcies 684 585 703 16.9 -2.7 2,700 2,884 -6.4
Proposals 253 205 241 23.4 5.0 909 965 -5.8
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