Insolvency Statistics in Canada—Fourth Quarter of 2016

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q4 2016 Q3 2016 Q4 2015 Q3 2016 to Q4 2016 Q4 2015 to Q4 2016 12-31-2016 12-31-2015 % Change
Agriculture, Forestry, Fishing and Hunting 35 13 16 169.2 118.8 88 84 4.8
Bankruptcies 24 7 13 242.9 84.6 62 43 44.2
Proposals 11 6 3 83.3 266.7 26 41 -36.6
Mining and Oil and Gas Extraction 32 17 14 88.2 128.6 72 44 63.6
Bankruptcies 27 7 11 285.7 145.5 50 31 61.3
Proposals 5 10 3 -50.0 66.7 22 13 69.2
Utilities 4 1 2 300.0 100.0 9 13 -30.8
Bankruptcies 2 1 1 100.0 100.0 3 10 -70.0
Proposals 2 0 1 -- 100.0 6 3 100.0
Construction 172 174 194 -1.1 -11.3 711 775 -8.3
Bankruptcies 124 122 150 1.6 -17.3 520 572 -9.1
Proposals 48 52 44 -7.7 9.1 191 203 -5.9
Manufacturing 74 60 102 23.3 -27.5 299 380 -21.3
Bankruptcies 47 45 74 4.4 -36.5 216 267 -19.1
Proposals 27 15 28 80.0 -3.6 83 113 -26.5
Wholesale Trade 49 45 48 8.9 2.1 179 208 -13.9
Bankruptcies 39 37 37 5.4 5.4 142 154 -7.8
Proposals 10 8 11 25.0 -9.1 37 54 -31.5
Retail Trade 90 86 129 4.7 -30.2 454 502 -9.6
Bankruptcies 62 69 96 -10.1 -35.4 331 385 -14.0
Proposals 28 17 33 64.7 -15.2 123 117 5.1
Transportation and Warehousing 63 45 53 40.0 18.9 225 219 2.7
Bankruptcies 49 36 41 36.1 19.5 177 159 11.3
Proposals 14 9 12 55.6 16.7 48 60 -20.0
Information and Cultural Industries 24 13 22 84.6 9.1 71 72 -1.4
Bankruptcies 13 13 19 0.0 -31.6 56 54 3.7
Proposals 11 0 3 -- 266.7 15 18 -16.7
Finance and Insurance 11 15 17 -26.7 -35.3 64 74 -13.5
Bankruptcies 11 15 16 -26.7 -31.3 52 55 -5.5
Proposals 0 0 1 -- -100.0 12 19 -36.8
Real Estate and Rental and Leasing 35 39 45 -10.3 -22.2 154 141 9.2
Bankruptcies 23 30 34 -23.3 -32.4 101 114 -11.4
Proposals 12 9 11 33.3 9.1 53 27 96.3
Professional, Scientific and Technical Services 77 57 67 35.1 14.9 296 287 3.1
Bankruptcies 62 41 55 51.2 12.7 228 224 1.8
Proposals 15 16 12 -6.3 25.0 68 63 7.9
Management of Companies and Enterprises 23 17 15 35.3 53.3 77 57 35.1
Bankruptcies 17 8 11 112.5 54.5 55 40 37.5
Proposals 6 9 4 -33.3 50.0 22 17 29.4
Administrative and Support, Waste Management and Remediation Services 54 44 52 22.7 3.8 191 196 -2.6
Bankruptcies 43 32 34 34.4 26.5 143 148 -3.4
Proposals 11 12 18 -8.3 -38.9 48 48 0.0
Educational Services 8 6 10 33.3 -20.0 32 37 -13.5
Bankruptcies 6 3 7 100.0 -14.3 20 30 -33.3
Proposals 2 3 3 -33.3 -33.3 12 7 71.4
Health Care and Social Assistance 18 17 14 5.9 28.6 71 75 -5.3
Bankruptcies 14 13 12 7.7 16.7 52 56 -7.1
Proposals 4 4 2 0.0 100.0 19 19 0.0
Arts, Entertainment and Recreation 19 12 18 58.3 5.6 80 71 12.7
Bankruptcies 13 9 13 44.4 0.0 64 52 23.1
Proposals 6 3 5 100.0 20.0 16 19 -15.8
Accommodation and Food Services 121 146 163 -17.1 -25.8 610 658 -7.3
Bankruptcies 100 117 132 -14.5 -24.2 473 526 -10.1
Proposals 21 29 31 -27.6 -32.3 137 132 3.8
Other Services (except Public Administration) 34 40 49 -15.0 -30.6 162 210 -22.9
Bankruptcies 27 36 38 -25.0 -28.9 136 165 -17.6
Proposals 7 4 11 75.0 -36.4 26 45 -42.2
Public Administration 1 1 1 0.0 0.0 4 4 0.0
Bankruptcies 0 1 1 -100.0 -100.0 3 4 -25.0
Proposals 1 0 0 -- -- 1 0 --
Total 944 848 1,031 11.3 -8.4 3,849 4,107 -6.3
Bankruptcies 703 642 795 9.5 -11.6 2,884 3,089 -6.6
Proposals 241 206 236 17.0 2.1 965 1,018 -5.2
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