Insolvency Statistics in Canada—First Quarter of 2015

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q1 2015 Q4 2014 Q1 2014 Q4 2014 to Q1 2015 Q1 2014 to Q1 2015 03-31-2015 03-31-2014 % Change
Agriculture, Forestry, Fishing and Hunting 25 18 25 38.9 0.0 88 128 -31.3
Bankruptcies 10 13 20 -23.1 -50.0 50 91 -45.1
Proposals 15 5 5 200.0 200.0 38 37 2.7
Mining and Oil and Gas Extraction 9 7 14 28.6 -35.7 35 42 -16.7
Bankruptcies 4 4 8 0.0 -50.0 16 21 -23.8
Proposals 5 3 6 66.7 -16.7 19 21 -9.5
Utilities 1 2 4 -50.0 -75.0 10 9 11.1
Bankruptcies 1 0 4 -- -75.0 6 6 0.0
Proposals 0 2 0 -100.0 -- 4 3 33.3
Construction 195 171 188 14.0 3.7 726 732 -0.8
Bankruptcies 141 122 139 15.6 1.4 532 551 -3.4
Proposals 54 49 49 10.2 10.2 194 181 7.2
Manufacturing 96 102 98 -5.9 -2.0 384 415 -7.5
Bankruptcies 62 70 67 -11.4 -7.5 271 294 -7.8
Proposals 34 32 31 6.3 9.7 113 121 -6.6
Wholesale Trade 64 58 54 10.3 18.5 236 230 2.6
Bankruptcies 43 40 32 7.5 34.4 166 150 10.7
Proposals 21 18 22 16.7 -4.5 70 80 -12.5
Retail Trade 147 125 133 17.6 10.5 512 516 -0.8
Bankruptcies 104 94 105 10.6 -1.0 375 413 -9.2
Proposals 43 31 28 38.7 53.6 137 103 33.0
Transportation and Warehousing 65 94 68 -30.9 -4.4 270 245 10.2
Bankruptcies 50 45 49 11.1 2.0 186 191 -2.6
Proposals 15 49 19 -69.4 -21.1 84 54 55.6
Information and Cultural Industries 17 24 16 -29.2 6.3 72 57 26.3
Bankruptcies 12 16 10 -25.0 20.0 52 42 23.8
Proposals 5 8 6 -37.5 -16.7 20 15 33.3
Finance and Insurance 22 25 23 -12.0 -4.3 79 78 1.3
Bankruptcies 16 22 16 -27.3 0.0 64 60 6.7
Proposals 6 3 7 100.0 -14.3 15 18 -16.7
Real Estate and Rental and Leasing 34 34 31 0.0 9.7 137 140 -2.1
Bankruptcies 27 26 23 3.8 17.4 105 104 1.0
Proposals 7 8 8 -12.5 -12.5 32 36 -11.1
Professional, Scientific and Technical Services 64 92 73 -30.4 -12.3 299 299 0.0
Bankruptcies 51 74 54 -31.1 -5.6 239 211 13.3
Proposals 13 18 19 -27.8 -31.6 60 88 -31.8
Management of Companies and Enterprises 13 17 9 -23.5 44.4 63 66 -4.5
Bankruptcies 11 12 9 -8.3 22.2 49 45 8.9
Proposals 2 5 0 -60.0 -- 14 21 -33.3
Administrative and Support, Waste Management and Remediation Services 48 65 41 -26.2 17.1 230 190 21.1
Bankruptcies 35 41 25 -14.6 40.0 167 135 23.7
Proposals 13 24 16 -45.8 -18.8 63 55 14.5
Educational Services 13 10 13 30.0 0.0 52 40 30.0
Bankruptcies 12 9 12 33.3 0.0 44 33 33.3
Proposals 1 1 1 0.0 0.0 8 7 14.3
Health Care and Social Assistance 14 41 21 -65.9 -33.3 92 76 21.1
Bankruptcies 13 29 15 -55.2 -13.3 71 58 22.4
Proposals 1 12 6 -91.7 -83.3 21 18 16.7
Arts, Entertainment and Recreation 24 21 24 14.3 0.0 84 84 0.0
Bankruptcies 17 13 22 30.8 -22.7 63 72 -12.5
Proposals 7 8 2 -12.5 250.0 21 12 75.0
Accommodation and Food Services 169 182 164 -7.1 3.0 665 655 1.5
Bankruptcies 136 150 121 -9.3 12.4 508 484 5.0
Proposals 33 32 43 3.1 -23.3 157 171 -8.2
Other Services (except Public Administration) 68 44 61 54.5 11.5 212 254 -16.5
Bankruptcies 50 34 44 47.1 13.6 171 195 -12.3
Proposals 18 10 17 80.0 5.9 41 59 -30.5
Public Administration 0 0 0 -- -- 1 0 --
Bankruptcies 0 0 0 -- -- 1 0 --
Proposals 0 0 0 -- -- 0 0 --
Total 1,088 1,132 1,060 -3.9 2.6 4,247 4,256 -0.2
Bankruptcies 795 814 775 -2.3 2.6 3,136 3,156 -0.6
Proposals 293 318 285 -7.9 2.8 1,111 1,100 1.0
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