Insolvency Statistics in Canada—Third Quarter of 2013

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q3 2013 Q2 2013 Q3 2012 Q2 2013 to Q3 2013 Q3 2012 to Q3 2013 09-30-2013 09-30-2012 % Change
Agriculture, Forestry, Fishing and Hunting 46 21 26 119.0 76.9 120 118 1.7
Bankruptcies 28 17 17 64.7 64.7 84 89 −5.6
Proposals 18 4 9 350.0 100.0 36 29 24.1
Mining and Oil and Gas Extraction 4 13 14 −69.2 −71.4 34 29 17.2
Bankruptcies 1 8 12 −87.5 −91.7 18 23 −21.7
Proposals 3 5 2 −40.0 50.0 16 6 166.7
Utilities 1 0 5 -- −80.0 11 18 −38.9
Bankruptcies 0 0 1 -- −100.0 5 12 −58.3
Proposals 1 0 4 -- −75.0 6 6 0.0
Construction 187 181 181 3.3 3.3 767 812 −5.5
Bankruptcies 140 137 133 2.2 5.3 568 605 −6.1
Proposals 47 44 48 6.8 −2.1 199 207 −3.9
Manufacturing 97 112 101 −13.4 −4.0 425 480 −11.5
Bankruptcies 72 76 68 −5.3 5.9 298 342 −12.9
Proposals 25 36 33 −30.6 −24.2 127 138 −8.0
Wholesale Trade 48 59 50 −18.6 −4.0 222 244 −9.0
Bankruptcies 41 34 39 20.6 5.1 159 182 −12.6
Proposals 7 25 11 −72.0 −36.4 63 62 1.6
Retail Trade 114 130 135 −12.3 −15.6 514 611 −15.9
Bankruptcies 96 98 106 −2.0 −9.4 404 457 −11.6
Proposals 18 32 29 −43.8 −37.9 110 154 −28.6
Transportation and Warehousing 61 65 50 −6.2 22.0 268 240 11.7
Bankruptcies 49 49 42 0.0 16.7 214 189 13.2
Proposals 12 16 8 −25.0 50.0 54 51 5.9
Information and Cultural Industries 7 21 13 −66.7 −46.2 57 62 −8.1
Bankruptcies 5 19 8 −73.7 −37.5 50 53 −5.7
Proposals 2 2 5 0.0 −60.0 7 9 −22.2
Finance and Insurance 18 20 17 −10.0 5.9 79 79 0.0
Bankruptcies 17 17 13 0.0 30.8 69 62 11.3
Proposals 1 3 4 −66.7 −75.0 10 17 −41.2
Real Estate and Rental and Leasing 25 34 27 −26.5 −7.4 123 116 6.0
Bankruptcies 18 28 19 −35.7 −5.3 95 76 25.0
Proposals 7 6 8 16.7 −12.5 28 40 −30.0
Professional, Scientific and Technical Services 68 84 59 −19.0 15.3 298 292 2.1
Bankruptcies 46 57 42 −19.3 9.5 217 209 3.8
Proposals 22 27 17 −18.5 29.4 81 83 −2.4
Management of Companies and Enterprises 22 21 15 4.8 46.7 73 60 21.7
Bankruptcies 16 13 15 23.1 6.7 50 52 −3.8
Proposals 6 8 0 −25.0 -- 23 8 187.5
Administrative and Support, Waste Management and Remediation Services 50 54 45 −7.4 11.1 200 223 −10.3
Bankruptcies 36 42 33 −14.3 9.1 150 161 −6.8
Proposals 14 12 12 16.7 16.7 50 62 −19.4
Educational Services 10 10 6 0.0 66.7 35 32 9.4
Bankruptcies 10 5 6 100.0 66.7 26 28 −7.1
Proposals 0 5 0 −100.0 -- 9 4 125.0
Health Care and Social Assistance 13 19 19 −31.6 −31.6 52 60 −13.3
Bankruptcies 10 17 15 −41.2 −33.3 42 44 −4.5
Proposals 3 2 4 50.0 −25.0 10 16 −37.5
Arts, Entertainment and Recreation 24 21 15 14.3 60.0 91 72 26.4
Bankruptcies 20 18 11 11.1 81.8 75 61 23.0
Proposals 4 3 4 33.3 0.0 16 11 45.5
Accommodation and Food Services 135 192 161 −29.7 −16.1 618 678 −8.8
Bankruptcies 107 134 115 −20.1 −7.0 445 485 −8.2
Proposals 28 58 46 −51.7 −39.1 173 193 −10.4
Other Services (except Public Administration) 56 66 70 −15.2 −20.0 251 267 −6.0
Bankruptcies 45 48 59 −6.3 −23.7 187 227 −17.6
Proposals 11 18 11 −38.9 0.0 64 40 60.0
Public Administration 0 0 0 -- -- 0 4 −100.0
Bankruptcies 0 0 0 -- -- 0 3 −100.0
Proposals 0 0 0 -- -- 0 1 −100.0
Total 986 1,123 1,009 −12.2 −2.3 4,238 4,497 −5.8
Bankruptcies 757 817 754 −7.3 0.4 3,156 3,360 −6.1
Proposals 229 306 255 −25.2 −10.2 1,082 1,137 −4.8
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