Insolvency Statistics in Canada—Fourth Quarter of 2014

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q4 2014 Q3 2014 Q4 2013 Q3 2014 to Q4 2014 Q4 2013 to Q4 2014 12-31-2014 12-31-2013 % Change
Agriculture, Forestry, Fishing and Hunting 18 22 36 -18.2 -50.0 88 133 -33.8
Bankruptcies 13 12 26 8.3 -50.0 60 93 -35.5
Proposals 5 10 10 -50.0 -50.0 28 40 -30.0
Mining and Oil and Gas Extraction 7 10 11 -30.0 -36.4 40 33 21.2
Bankruptcies 4 3 4 33.3 0.0 20 15 33.3
Proposals 3 7 7 -57.1 -57.1 20 18 11.1
Utilities 2 6 4 -66.7 -50.0 13 10 30.0
Bankruptcies 0 5 2 -100.0 -100.0 9 5 80.0
Proposals 2 1 2 100.0 0.0 4 5 -20.0
Construction 171 152 176 12.5 -2.8 719 748 -3.9
Bankruptcies 122 116 135 5.2 -9.6 530 564 -6.0
Proposals 49 36 41 36.1 19.5 189 184 2.7
Manufacturing 102 87 108 17.2 -5.6 386 423 -8.7
Bankruptcies 70 66 79 6.1 -11.4 276 295 -6.4
Proposals 32 21 29 52.4 10.3 110 128 -14.1
Wholesale Trade 58 51 69 13.7 -15.9 226 231 -2.2
Bankruptcies 40 40 43 0.0 -7.0 155 161 -3.7
Proposals 18 11 26 63.6 -30.8 71 70 1.4
Retail Trade 125 123 139 1.6 -10.1 498 528 -5.7
Bankruptcies 94 90 114 4.4 -17.5 376 421 -10.7
Proposals 31 33 25 -6.1 24.0 122 107 14.0
Transportation and Warehousing 94 58 51 62.1 84.3 273 237 15.2
Bankruptcies 45 51 44 -11.8 2.3 185 187 -1.1
Proposals 49 7 7 600.0 600.0 88 50 76.0
Information and Cultural Industries 24 18 13 33.3 84.6 71 52 36.5
Bankruptcies 16 14 8 14.3 100.0 50 42 19.0
Proposals 8 4 5 100.0 60.0 21 10 110.0
Finance and Insurance 25 22 17 13.6 47.1 80 78 2.6
Bankruptcies 22 18 10 22.2 120.0 64 63 1.6
Proposals 3 4 7 -25.0 -57.1 16 15 6.7
Real Estate and Rental and Leasing 34 21 50 61.9 -32.0 134 144 -6.9
Bankruptcies 26 16 35 62.5 -25.7 101 109 -7.3
Proposals 8 5 15 60.0 -46.7 33 35 -5.7
Professional, Scientific and Technical Services 92 62 74 48.4 24.3 308 304 1.3
Bankruptcies 74 51 54 45.1 37.0 242 219 10.5
Proposals 18 11 20 63.6 -10.0 66 85 -22.4
Management of Companies and Enterprises 17 15 14 13.3 21.4 59 69 -14.5
Bankruptcies 12 12 7 0.0 71.4 47 46 2.2
Proposals 5 3 7 66.7 -28.6 12 23 -47.8
Administrative and Support, Waste Management and Remediation Services 65 51 45 27.5 44.4 223 199 12.1
Bankruptcies 41 44 32 -6.8 28.1 157 148 6.1
Proposals 24 7 13 242.9 84.6 66 51 29.4
Educational Services 10 9 7 11.1 42.9 52 35 48.6
Bankruptcies 9 4 6 125.0 50.0 44 26 69.2
Proposals 1 5 1 -80.0 0.0 8 9 -11.1
Health Care and Social Assistance 41 16 23 156.3 78.3 99 67 47.8
Bankruptcies 29 13 16 123.1 81.3 73 51 43.1
Proposals 12 3 7 300.0 71.4 26 16 62.5
Arts, Entertainment and Recreation 21 18 15 16.7 40.0 84 81 3.7
Bankruptcies 13 16 12 -18.8 8.3 68 68 0.0
Proposals 8 2 3 300.0 166.7 16 13 23.1
Accommodation and Food Services 182 159 164 14.5 11.0 660 660 0.0
Bankruptcies 150 113 122 32.7 23.0 493 480 2.7
Proposals 32 46 42 -30.4 -23.8 167 180 -7.2
Other Services (except Public Administration) 44 43 71 2.3 -38.0 205 249 -17.7
Bankruptcies 34 38 58 -10.5 -41.4 165 194 -14.9
Proposals 10 5 13 100.0 -23.1 40 55 -27.3
Public Administration 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
Total 1,132 943 1,087 20.0 4.1 4,219 4,281 -1.4
Bankruptcies 814 722 807 12.7 0.9 3,116 3,187 -2.2
Proposals 318 221 280 43.9 13.6 1,103 1,094 0.8
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