Insolvency Statistics in Canada—2016 (Table 4)

Table 4: Insolvencies by NAICS Economic Sectors, Canada
sector Volume 2016
2016 2015 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 88 84 4.8 10,919,852 62,239,263
Bankruptcies 62 43 44.2 9,092,356 37,114,480
Proposals 26 41 -36.6 1,827,496 25,124,783
Mining and Oil and Gas Extraction 72 44 63.6 105,453,303 12,539,173,268
Bankruptcies 50 31 61.3 102,977,800 12,380,500,360
Proposals 22 13 69.2 2,475,503 158,672,908
Utilities 9 13 -30.8 19,472,404 79,723,247
Bankruptcies 3 10 -70.0 16,601 503,130
Proposals 6 3 100.0 19,455,803 79,220,117
Construction 711 775 -8.3 94,817,632 553,211,242
Bankruptcies 520 572 -9.1 84,474,884 391,302,996
Proposals 191 203 -5.9 10,342,748 161,908,246
Manufacturing 299 380 -21.3 44,227,637 504,144,647
Bankruptcies 216 267 -19.1 32,265,795 386,721,212
Proposals 83 113 -26.5 11,961,842 117,423,435
Wholesale Trade 179 208 -13.9 29,138,078 251,288,579
Bankruptcies 142 154 -7.8 24,456,286 193,122,113
Proposals 37 54 -31.5 4,681,792 58,166,466
Retail Trade 454 502 -9.6 50,223,325 301,479,139
Bankruptcies 331 385 -14.0 43,559,412 181,867,013
Proposals 123 117 5.1 6,663,913 119,612,126
Transportation and Warehousing 225 219 2.7 16,492,972 236,029,724
Bankruptcies 177 159 11.3 14,762,211 215,348,919
Proposals 48 60 -20.0 1,730,761 20,680,805
Information and Cultural Industries 71 72 -1.4 6,202,505 75,409,506
Bankruptcies 56 54 3.7 6,116,089 36,351,204
Proposals 15 18 -16.7 86,416 39,058,302
Finance and Insurance 64 74 -13.5 178,419,513 741,906,637
Bankruptcies 52 55 -5.5 177,955,805 739,442,951
Proposals 12 19 -36.8 463,708 2,463,686
Real Estate and Rental and Leasing 154 141 9.2 120,807,978 481,845,350
Bankruptcies 101 114 -11.4 111,241,928 398,683,989
Proposals 53 27 96.3 9,566,050 83,161,361
Professional, Scientific and Technical Services 296 287 3.1 17,541,647 393,674,105
Bankruptcies 228 224 1.8 14,727,672 365,295,110
Proposals 68 63 7.9 2,813,975 28,378,995
Management of Companies and Enterprises 77 57 35.1 15,736,136 312,060,031
Bankruptcies 55 40 37.5 15,498,340 91,944,461
Proposals 22 17 29.4 237,796 220,115,570
Administrative and Support, Waste Management and Remediation Services 191 196 -2.6 13,570,791 221,873,784
Bankruptcies 143 148 -3.4 8,353,151 59,202,365
Proposals 48 48 0.0 5,217,640 162,671,419
Educational Services 32 37 -13.5 1,746,216 27,000,567
Bankruptcies 20 30 -33.3 845,711 7,263,946
Proposals 12 7 71.4 900,505 19,736,621
Health Care and Social Assistance 71 75 -5.3 4,556,102 23,668,753
Bankruptcies 52 56 -7.1 4,106,411 19,470,773
Proposals 19 19 0.0 449,691 4,197,980
Arts, Entertainment and Recreation 80 71 12.7 19,278,392 48,834,741
Bankruptcies 64 52 23.1 2,177,629 25,027,378
Proposals 16 19 -15.8 17,100,763 23,807,363
Accommodation and Food Services 610 658 -7.3 23,266,562 191,976,190
Bankruptcies 473 526 -10.1 19,022,101 140,482,548
Proposals 137 132 3.8 4,244,461 51,493,642
Other Services (except Public Administration) 162 210 -22.9 11,537,780 55,799,842
Bankruptcies 136 165 -17.6 8,958,395 43,250,549
Proposals 26 45 -42.2 2,579,385 12,549,293
Public Administration 4 4 0.0 32,408 817,539
Bankruptcies 3 4 -25.0 32,407 594,538
Proposals 1 0 -- 1 223,001
Total 3,849 4,107 -6.3 783,441,233 17,102,156,154
Bankruptcies 2,884 3,089 -6.6 680,640,984 15,713,490,035
Proposals 965 1,018 -5.2 102,800,249 1,388,666,119
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