Insolvency Statistics in Canada — 2014 (Table 4)

Table 4: Insolvencies by NAICS Economic Sectors, Canada
sector Volume 2014
2014 2013 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 88 133 -33.8 42,905,609 140,948,527
Bankruptcies 60 93 -35.5 28,337,742 82,649,241
Proposals 28 40 -30.0 14,567,867 58,299,286
Mining and Oil and Gas Extraction 40 33 21.2 17,306,566 166,368,186
Bankruptcies 20 15 33.3 16,954,976 47,350,509
Proposals 20 18 11.1 351,590 119,017,677
Utilities 13 10 30.0 1,080,929 5,357,310
Bankruptcies 9 5 80.0 1,080,925 4,978,934
Proposals 4 5 -20.0 4 378,376
Construction 719 748 -3.9 143,941,635 733,683,381
Bankruptcies 530 564 -6.0 122,524,214 568,950,970
Proposals 189 184 2.7 21,417,421 164,732,411
Manufacturing 386 423 -8.7 83,915,892 537,132,215
Bankruptcies 276 295 -6.4 74,457,331 303,986,183
Proposals 110 128 -14.1 9,458,561 233,146,032
Wholesale Trade 226 231 -2.2 29,178,007 457,575,077
Bankruptcies 155 161 -3.7 24,342,907 259,412,416
Proposals 71 70 1.4 4,835,100 198,162,661
Retail Trade 498 528 -5.7 65,688,482 722,173,454
Bankruptcies 376 421 -10.7 35,119,210 195,967,894
Proposals 122 107 14.0 30,569,272 526,205,560
Transportation and Warehousing 273 237 15.2 28,531,886 137,624,153
Bankruptcies 185 187 -1.1 21,734,859 81,737,482
Proposals 88 50 76.0 6,797,027 55,886,671
Information and Cultural Industries 71 52 36.5 6,090,080 76,094,879
Bankruptcies 50 42 19.0 4,934,802 63,312,107
Proposals 21 10 110.0 1,155,278 12,782,772
Finance and Insurance 80 78 2.6 209,743,990 399,550,697
Bankruptcies 64 63 1.6 195,079,307 249,335,700
Proposals 16 15 6.7 14,664,683 150,214,997
Real Estate and Rental and Leasing 134 144 -6.9 526,617,548 1,078,554,751
Bankruptcies 101 109 -7.3 434,569,009 863,059,170
Proposals 33 35 -5.7 92,048,539 215,495,581
Professional, Scientific and Technical Services 308 304 1.3 42,500,649 436,825,436
Bankruptcies 242 219 10.5 28,624,797 373,782,415
Proposals 66 85 -22.4 13,875,852 63,043,021
Management of Companies and Enterprises 59 69 -14.5 8,507,244 80,338,882
Bankruptcies 47 46 2.2 7,030,136 46,329,941
Proposals 12 23 -47.8 1,477,108 34,008,941
Administrative and Support, Waste Management and Remediation Services 223 199 12.1 18,560,794 122,622,112
Bankruptcies 157 148 6.1 15,556,392 80,422,760
Proposals 66 51 29.4 3,004,402 42,199,352
Educational Services 52 35 48.6 5,833,151 40,513,484
Bankruptcies 44 26 69.2 5,726,390 35,388,974
Proposals 8 9 -11.1 106,761 5,124,510
Health Care and Social Assistance 99 67 47.8 11,936,103 68,487,731
Bankruptcies 73 51 43.1 9,774,898 50,571,748
Proposals 26 16 62.5 2,161,205 17,915,983
Arts, Entertainment and Recreation 84 81 3.7 2,840,879 25,550,599
Bankruptcies 68 68 0.0 2,827,876 24,209,682
Proposals 16 13 23.1 13,003 1,340,917
Accommodation and Food Services 660 660 0.0 37,443,402 270,367,276
Bankruptcies 493 480 2.7 31,781,474 215,994,747
Proposals 167 180 -7.2 5,661,928 54,372,529
Other Services (except Public Administration) 205 249 -17.7 18,868,882 161,648,824
Bankruptcies 165 194 -14.9 11,170,208 143,830,389
Proposals 40 55 -27.3 7,698,674 17,818,435
Public Administration 1 0 --  0 316,340
Bankruptcies 1 0 --  0 316,340
Proposals 0 0 --  0 0
Total 4,219 4,281 -1.4 1,301,491,728 5,661,733,314
Bankruptcies 3,116 3,187 -2.2 1,071,627,453 3,691,587,602
Proposals 1,103 1,094 0.8 229,864,275 1,970,145,712
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