Insolvency Statistics in Canada—Fourth Quarter 2013

Table 4: Insolvencies by NAICS Economic Sectors, Canada
sector Volume % Change 12-Month Period Ending
Q4 2013 Q3 2013 Q4 2012 Q3 2013 to Q4 2013 Q4 2012 to Q4 2013 12-31-2013 12-31-2012 % Change
Agriculture, Forestry, Fishing and Hunting 36 46 23 -21.7 56.5 133 115 15.7
Bankruptcies 26 28 17 -7.1 52.9 93 86 8.1
Proposals 10 18 6 -44.4 66.7 40 29 37.9
Mining and Oil and Gas Extraction 11 4 12 175.0 -8.3 33 36 -8.3
Bankruptcies 4 1 7 300.0 -42.9 15 27 -44.4
Proposals 7 3 5 133.3 40.0 18 9 100.0
Utilities 4 1 5 300.0 -20.0 10 20 -50.0
Bankruptcies 2 0 2 -- 0.0 5 11 -54.5
Proposals 2 1 3 100.0 -33.3 5 9 -44.4
Construction 176 187 195 -5.9 -9.7 748 833 -10.2
Bankruptcies 135 140 139 -3.6 -2.9 564 607 -7.1
Proposals 41 47 56 -12.8 -26.8 184 226 -18.6
Manufacturing 108 97 110 11.3 -1.8 423 435 -2.8
Bankruptcies 79 72 82 9.7 -3.7 295 308 -4.2
Proposals 29 25 28 16.0 3.6 128 127 0.8
Wholesale Trade 69 48 60 43.8 15.0 231 240 -3.8
Bankruptcies 43 41 41 4.9 4.9 161 176 -8.5
Proposals 26 7 19 271.4 36.8 70 64 9.4
Retail Trade 139 114 125 21.9 11.2 528 571 -7.5
Bankruptcies 114 96 97 18.8 17.5 421 435 -3.2
Proposals 25 18 28 38.9 -10.7 107 136 -21.3
Transportation and Warehousing 51 61 82 -16.4 -37.8 237 259 -8.5
Bankruptcies 44 49 71 -10.2 -38.0 187 213 -12.2
Proposals 7 12 11 -41.7 -36.4 50 46 8.7
Information and Cultural Industries 13 7 18 85.7 -27.8 52 62 -16.1
Bankruptcies 8 5 16 60.0 -50.0 42 53 -20.8
Proposals 5 2 2 150.0 150.0 10 9 11.1
Finance and Insurance 17 18 18 -5.6 -5.6 78 72 8.3
Bankruptcies 10 17 16 -41.2 -37.5 63 59 6.8
Proposals 7 1 2 600.0 250.0 15 13 15.4
Real Estate and Rental and Leasing 50 25 29 100.0 72.4 144 114 26.3
Bankruptcies 35 18 21 94.4 66.7 109 77 41.6
Proposals 15 7 8 114.3 87.5 35 37 -5.4
Professional, Scientific and Technical Services 74 68 68 8.8 8.8 304 273 11.4
Bankruptcies 54 46 52 17.4 3.8 219 197 11.2
Proposals 20 22 16 -9.1 25.0 85 76 11.8
Management of Companies and Enterprises 14 22 18 -36.4 -22.2 69 65 6.2
Bankruptcies 7 16 11 -56.3 -36.4 46 51 -9.8
Proposals 7 6 7 16.7 0.0 23 14 64.3
Administrative and Support, Waste Management and Remediation Services 45 50 46 -10.0 -2.2 199 202 -1.5
Bankruptcies 32 36 34 -11.1 -5.9 148 146 1.4
Proposals 13 14 12 -7.1 8.3 51 56 -8.9
Educational Services 7 10 7 -30.0 0.0 35 31 12.9
Bankruptcies 6 10 6 -40.0 0.0 26 26 0.0
Proposals 1 0 1 -- 0.0 9 5 80.0
Health Care and Social Assistance 23 13 8 76.9 187.5 67 53 26.4
Bankruptcies 16 10 7 60.0 128.6 51 44 15.9
Proposals 7 3 1 133.3 600.0 16 9 77.8
Arts, Entertainment and Recreation 15 24 25 -37.5 -40.0 81 77 5.2
Bankruptcies 12 20 19 -40.0 -36.8 68 62 9.7
Proposals 3 4 6 -25.0 -50.0 13 15 -13.3
Accommodation and Food Services 164 135 122 21.5 34.4 660 624 5.8
Bankruptcies 122 107 87 14.0 40.2 480 440 9.1
Proposals 42 28 35 50.0 20.0 180 184 -2.2
Other Services (except Public Administration) 71 56 73 26.8 -2.7 249 268 -7.1
Bankruptcies 58 45 51 28.9 13.7 194 216 -10.2
Proposals 13 11 22 18.2 -40.9 55 52 5.8
Public Administration 0 0 0 -- -- 0 3 -100.0
Bankruptcies 0 0 0 -- -- 0 2 -100.0
Proposals 0 0 0 -- -- 0 1 -100.0
Total 1,087 986 1,044 10.2 4.1 4,281 4,353 -1.7
Bankruptcies 807 757 776 6.6 4.0 3,187 3,236 -1.5
Proposals 280 229 268 22.3 4.5 1,094 1,117 -2.1
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