Insolvency Statistics in Canada—Third Quarter of 2014

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q3 2014 Q2 2014 Q3 2013 Q2 2014 to Q3 2014 Q3 2013 to Q3 2014 09-30-2014 09-30-2013 % Change
Agriculture, Forestry, Fishing and Hunting 22 23 46 -4.3 -52.2 106 120 -11.7
Bankruptcies 12 15 28 -20.0 -57.1 73 84 -13.1
Proposals 10 8 18 25.0 -44.4 33 36 -8.3
Mining and Oil and Gas Extraction 10 9 4 11.1 150.0 44 34 29.4
Bankruptcies 3 5 1 -40.0 200.0 20 18 11.1
Proposals 7 4 3 75.0 133.3 24 16 50.0
Utilities 6 1 1 500.0 500.0 15 11 36.4
Bankruptcies 5 0 0 -- -- 11 5 120.0
Proposals 1 1 1 0.0 0.0 4 6 -33.3
Construction 152 208 187 -26.9 -18.7 724 767 -5.6
Bankruptcies 116 153 140 -24.2 -17.1 543 568 -4.4
Proposals 36 55 47 -34.5 -23.4 181 199 -9.0
Manufacturing 87 99 97 -12.1 -10.3 392 425 -7.8
Bankruptcies 66 73 72 -9.6 -8.3 285 298 -4.4
Proposals 21 26 25 -19.2 -16.0 107 127 -15.7
Wholesale Trade 51 63 48 -19.0 6.3 237 222 6.8
Bankruptcies 40 43 41 -7.0 -2.4 158 159 -0.6
Proposals 11 20 7 -45.0 57.1 79 63 25.4
Retail Trade 123 117 114 5.1 7.9 512 514 -0.4
Bankruptcies 90 87 96 3.4 -6.3 396 404 -2.0
Proposals 33 30 18 10.0 83.3 116 110 5.5
Transportation and Warehousing 58 53 61 9.4 -4.9 230 268 -14.2
Bankruptcies 51 40 49 27.5 4.1 184 214 -14.0
Proposals 7 13 12 -46.2 -41.7 46 54 -14.8
Information and Cultural Industries 18 13 7 38.5 157.1 60 57 5.3
Bankruptcies 14 10 5 40.0 180.0 42 50 -16.0
Proposals 4 3 2 33.3 100.0 18 7 157.1
Finance and Insurance 22 10 18 120.0 22.2 72 79 -8.9
Bankruptcies 18 8 17 125.0 5.9 52 69 -24.6
Proposals 4 2 1 100.0 300.0 20 10 100.0
Real Estate and Rental and Leasing 21 48 25 -56.3 -16.0 150 123 22.0
Bankruptcies 16 36 18 -55.6 -11.1 110 95 15.8
Proposals 5 12 7 -58.3 -28.6 40 28 42.9
Professional, Scientific and Technical Services 62 81 68 -23.5 -8.8 290 298 -2.7
Bankruptcies 51 63 46 -19.0 10.9 222 217 2.3
Proposals 11 18 22 -38.9 -50.0 68 81 -16.0
Management of Companies and Enterprises 15 18 22 -16.7 -31.8 56 73 -23.3
Bankruptcies 12 14 16 -14.3 -25.0 42 50 -16.0
Proposals 3 4 6 -25.0 -50.0 14 23 -39.1
Administrative and Support, Waste Management and Remediation Services 51 66 50 -22.7 2.0 203 200 1.5
Bankruptcies 44 47 36 -6.4 22.2 148 150 -1.3
Proposals 7 19 14 -63.2 -50.0 55 50 10.0
Educational Services 9 20 10 -55.0 -10.0 49 35 40.0
Bankruptcies 4 19 10 -78.9 -60.0 41 26 57.7
Proposals 5 1 0 400.0 -- 8 9 -11.1
Health Care and Social Assistance 16 21 13 -23.8 23.1 81 52 55.8
Bankruptcies 13 16 10 -18.8 30.0 60 42 42.9
Proposals 3 5 3 -40.0 0.0 21 10 110.0
Arts, Entertainment and Recreation 18 21 24 -14.3 -25.0 78 91 -14.3
Bankruptcies 16 17 20 -5.9 -20.0 67 75 -10.7
Proposals 2 4 4 -50.0 -50.0 11 16 -31.3
Accommodation and Food Services 159 155 135 2.6 17.8 642 618 3.9
Bankruptcies 113 109 107 3.7 5.6 465 445 4.5
Proposals 46 46 28 0.0 64.3 177 173 2.3
Other Services (except Public Administration) 43 57 56 -24.6 -23.2 232 251 -7.6
Bankruptcies 38 49 45 -22.4 -15.6 189 187 1.1
Proposals 5 8 11 -37.5 -54.5 43 64 -32.8
Public Administration 0 1 0 -100.0 -- 1 0 --
Bankruptcies 0 1 0 -100.0 -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
Total 943 1,084 986 -13.0 -4.4 4,174 4,238 -1.5
Bankruptcies 722 805 757 -10.3 -4.6 3,109 3,156 -1.5
Proposals 221 279 229 -20.8 -3.5 1,065 1,082 -1.6
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