Insolvency Statistics in Canada—2014 (Table 4c)

Table 4c: Insolvencies by NAICS Economic Sectors, Nova Scotia
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 3 8 -62.5 365,372 678,109
Bankruptcies 2 4 -50.0 238,801 416,319
Proposals 1 4 -75.0 126,571 261,790
Mining and Oil and Gas Extraction 2 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 2 0 --  0 0
Utilities 2 1 100.0 1,018,424 1,638,589
Bankruptcies 2 0 --  1,018,424 1,638,589
Proposals 0 1 -100.0 0 0
Construction 6 14 -57.1 143,205 2,952,518
Bankruptcies 4 14 -71.4 139,701 1,965,851
Proposals 2 0 --  3,504 986,667
Manufacturing 7 14 -50.0 1,230,253 2,834,762
Bankruptcies 5 12 -58.3 1,230,253 2,834,762
Proposals 2 2 0.0 0 0
Wholesale Trade 3 7 -57.1 48,500 164,115
Bankruptcies 3 5 -40.0 48,500 164,115
Proposals 0 2 -100.0 0 0
Retail Trade 6 14 -57.1 1,890,175 2,779,111
Bankruptcies 4 13 -69.2 1,839,512 2,718,201
Proposals 2 1 100.0 50,663 60,910
Transportation and Warehousing 4 7 -42.9 484,016 829,506
Bankruptcies 3 4 -25.0 474,016 656,106
Proposals 1 3 -66.7 10,000 173,400
Information and Cultural Industries 2 0 --  527,004 357,792
Bankruptcies 0 0 --  0 0
Proposals 2 0 --  527,004 357,792
Finance and Insurance 1 0 --  13,502 197,869
Bankruptcies 0 0 --  0 0
Proposals 1 0 --  13,502 197,869
Real Estate and Rental and Leasing 2 11 -81.8 15,069 312,628
Bankruptcies 0 6 -100.0 0 0
Proposals 2 5 -60.0 15,069 312,628
Professional, Scientific and Technical Services 3 5 -40.0 197,020 623,996
Bankruptcies 3 3 0.0 197,020 623,996
Proposals 0 2 -100.0 0 0
Management of Companies and Enterprises 1 2 -50.0 95,502 1,656,511
Bankruptcies 1 2 -50.0 95,502 1,656,511
Proposals 0 0 --  0 0
Administrative and Support, Waste Management and Remediation Services 4 3 33.3 132,500 1,121,332
Bankruptcies 1 3 -66.7 8,500 107,652
Proposals 3 0 --  124,000 1,013,680
Educational Services 2 1 100.0 32 8,921,734
Bankruptcies 2 0 --  32 8,921,734
Proposals 0 1 -100.0 0 0
Health Care and Social Assistance 7 2 250.0 673,968 1,856,549
Bankruptcies 3 1 200.0 304,786 1,057,517
Proposals 4 1 300.0 369,182 799,032
Arts, Entertainment and Recreation 1 1 0.0 19,501 111,948
Bankruptcies 1 1 0.0 19,501 111,948
Proposals 0 0 --  0 0
Accommodation and Food Services 14 14 0.0 2,300,214 4,632,750
Bankruptcies 12 13 -7.7 1,937,914 4,187,848
Proposals 2 1 100.0 362,300 444,902
Other Services (except Public Administration) 7 7 0.0 411,513 1,203,500
Bankruptcies 6 3 100.0 411,513 1,203,500
Proposals 1 4 -75.0 0 0
Public Administration 0 0 --  0 0
Bankruptcies 0 0 --  0 0
Proposals 0 0 --  0 0
Total 77 111 -30.6 9,565,770 32,873,319
Bankruptcies 52 84 -38.1 7,963,975 28,264,649
Proposals 25 27 -7.4 1,601,795 4,608,670
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