Insolvency Statistics in Canada—2016 (Table 4a)

Table 4a: Insolvencies by NAICS Economic Sectors, Newfoundland and Labrador
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 1 0 -- 57,701 442,271
Bankruptcies 1 0 -- 57,701 442,271
Proposals 0 0 -- 0 0
Mining and Oil and Gas Extraction 0 2 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 0 -- 0 0
Utilities 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Construction 6 13 -53.8 1,677,202 5,059,324
Bankruptcies 4 11 -63.6 1,677,202 2,243,959
Proposals 2 2 0.0 0 2,815,365
Manufacturing 0 1 -100.0 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 1 -100.0 0 0
Wholesale Trade 1 0 -- 2 711,170
Bankruptcies 1 0 -- 2 711,170
Proposals 0 0 -- 0 0
Retail Trade 4 3 33.3 83,660 2,053,177
Bankruptcies 3 2 50.0 83,660 1,432,140
Proposals 1 1 0.0 0 621,037
Transportation and Warehousing 2 1 100.0 13,300 124,011
Bankruptcies 2 1 100.0 13,300 124,011
Proposals 0 0 -- 0 0
Information and Cultural Industries 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Finance and Insurance 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Real Estate and Rental and Leasing 0 2 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 0 -- 0 0
Professional, Scientific and Technical Services 4 2 100.0 1,214,363 3,519,742
Bankruptcies 3 1 200.0 1,193,616 3,459,742
Proposals 1 1 0.0 20,747 60,000
Management of Companies and Enterprises 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Administrative and Support, Waste Management and Remediation Services 2 0 -- 27,001 110,802
Bankruptcies 2 0 -- 27,001 110,802
Proposals 0 0 -- 0 0
Educational Services 0 1 -100.0 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 1 -100.0 0 0
Health Care and Social Assistance 1 0 -- 12,000 80,002
Bankruptcies 1 0 -- 12,000 80,002
Proposals 0 0 -- 0 0
Arts, Entertainment and Recreation 1 0 -- 348,904 1,210,519
Bankruptcies 1 0 -- 348,904 1,210,519
Proposals 0 0 -- 0 0
Accommodation and Food Services 5 1 400.0 181,201 2,831,361
Bankruptcies 3 1 200.0 177,200 458,510
Proposals 2 0 -- 4,001 2,372,851
Other Services (except Public Administration) 1 1 0.0 1,501 72,902
Bankruptcies 1 1 0.0 1,501 72,902
Proposals 0 0 -- 0 0
Public Administration 0 0 -- 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 0 -- 0 0
Total 28 27 3.7 3,616,835 16,215,281
Bankruptcies 22 21 4.8 3,592,087 10,346,028
Proposals 6 6 0.0 24,748 5,869,253
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