Insolvency Statistics in Canada—First Quarter of 2016

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q1 2016 Q4 2015 Q1 2015 Q4 2015 to Q1 2016 Q1 2015 to Q1 2016 03-31-2016 03-31-2015 % Change
Agriculture, Forestry, Fishing and Hunting 26 16 25 62.5 4.0 85 88 -3.4
Bankruptcies 22 13 10 69.2 120.0 55 50 10.0
Proposals 4 3 15 33.3 -73.3 30 38 -21.1
Mining and Oil and Gas Extraction 10 14 9 -28.6 11.1 45 35 28.6
Bankruptcies 7 11 4 -36.4 75.0 34 16 112.5
Proposals 3 3 5 0.0 -40.0 11 19 -42.1
Utilities 2 2 1 0.0 100.0 14 10 40.0
Bankruptcies 0 1 1 -100.0 -100.0 9 6 50.0
Proposals 2 1 0 100.0 -- 5 4 25.0
Construction 185 194 195 -4.6 -5.1 765 726 5.4
Bankruptcies 144 150 141 -4.0 2.1 575 532 8.1
Proposals 41 44 54 -6.8 -24.1 190 194 -2.1
Manufacturing 89 102 96 -12.7 -7.3 373 384 -2.9
Bankruptcies 67 74 62 -9.5 8.1 272 271 0.4
Proposals 22 28 34 -21.4 -35.3 101 113 -10.6
Wholesale Trade 42 48 64 -12.5 -34.4 186 236 -21.2
Bankruptcies 31 37 43 -16.2 -27.9 142 166 -14.5
Proposals 11 11 21 0.0 -47.6 44 70 -37.1
Retail Trade 145 129 147 12.4 -1.4 500 512 -2.3
Bankruptcies 102 96 104 6.3 -1.9 383 375 2.1
Proposals 43 33 43 30.3 0.0 117 137 -14.6
Transportation and Warehousing 44 53 65 -17.0 -32.3 198 270 -26.7
Bankruptcies 37 41 50 -9.8 -26.0 146 186 -21.5
Proposals 7 12 15 -41.7 -53.3 52 84 -38.1
Information and Cultural Industries 26 22 17 18.2 52.9 81 72 12.5
Bankruptcies 23 19 12 21.1 91.7 65 52 25.0
Proposals 3 3 5 0.0 -40.0 16 20 -20.0
Finance and Insurance 19 17 22 11.8 -13.6 71 79 -10.1
Bankruptcies 14 16 16 -12.5 -12.5 53 64 -17.2
Proposals 5 1 6 400.0 -16.7 18 15 20.0
Real Estate and Rental and Leasing 32 45 34 -28.9 -5.9 139 137 1.5
Bankruptcies 22 34 27 -35.3 -18.5 109 105 3.8
Proposals 10 11 7 -9.1 42.9 30 32 -6.3
Professional, Scientific and Technical Services 70 67 64 4.5 9.4 293 299 -2.0
Bankruptcies 57 55 51 3.6 11.8 230 239 -3.8
Proposals 13 12 13 8.3 0.0 63 60 5.0
Management of Companies and Enterprises 19 15 13 26.7 46.2 63 63 0.0
Bankruptcies 18 11 11 63.6 63.6 47 49 -4.1
Proposals 1 4 2 -75.0 -50.0 16 14 14.3
Administrative and Support, Waste Management and Remediation Services 47 52 48 -9.6 -2.1 195 230 -15.2
Bankruptcies 31 34 35 -8.8 -11.4 144 167 -13.8
Proposals 16 18 13 -11.1 23.1 51 63 -19.0
Educational Services 9 10 13 -10.0 -30.8 33 52 -36.5
Bankruptcies 6 7 12 -14.3 -50.0 24 44 -45.5
Proposals 3 3 1 0.0 200.0 9 8 12.5
Health Care and Social Assistance 18 14 14 28.6 28.6 79 92 -14.1
Bankruptcies 11 12 13 -8.3 -15.4 54 71 -23.9
Proposals 7 2 1 250.0 600.0 25 21 19.0
Arts, Entertainment and Recreation 23 18 24 27.8 -4.2 70 84 -16.7
Bankruptcies 23 13 17 76.9 35.3 58 63 -7.9
Proposals 0 5 7 -100.0 -100.0 12 21 -42.9
Accommodation and Food Services 172 163 169 5.5 1.8 661 665 -0.6
Bankruptcies 125 132 136 -5.3 -8.1 515 508 1.4
Proposals 47 31 33 51.6 42.4 146 157 -7.0
Other Services (except Public Administration) 50 49 68 2.0 -26.5 192 212 -9.4
Bankruptcies 41 38 50 7.9 -18.0 156 171 -8.8
Proposals 9 11 18 -18.2 -50.0 36 41 -12.2
Public Administration 2 1 0 100.0 -- 6 1 500.0
Bankruptcies 2 1 0 100.0 -- 6 1 500.0
Proposals 0 0 0 -- -- 0 0 --
Total 1,030 1,031 1,088 -0.1 -5.3 4,049 4,247 -4.7
Bankruptcies 783 795 795 -1.5 -1.5 3,077 3,136 -1.9
Proposals 247 236 293 4.7 -15.7 972 1,111 -12.5
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