Insolvency Statistics in Canada—2016 (Table 4c)

Table 4c: Insolvencies by NAICS Economic Sectors, Nova Scotia
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 12 4 200.0 1,619,554 10,277,587
Bankruptcies 9 1 800.0 1,619,554 7,924,591
Proposals 3 3 0.0 0 2,352,996
Mining and Oil and Gas Extraction 0 1 -100.0 0 0
Bankruptcies 0 1 -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 13 18 -27.8 1,687,736 3,647,653
Bankruptcies 11 15 -26.7 1,669,530 3,213,446
Proposals 2 3 -33.3 18,206 434,207
Manufacturing 11 10 10.0 2,609,195 14,118,502
Bankruptcies 9 7 28.6 2,609,195 7,167,447
Proposals 2 3 -33.3 0 6,951,055
Wholesale Trade 3 4 -25.0 131,402 965,058
Bankruptcies 2 4 -50.0 131,402 746,203
Proposals 1 0 -- 0 218,855
Retail Trade 3 10 -70.0 565,723 1,898,359
Bankruptcies 2 10 -80.0 565,723 1,694,010
Proposals 1 0 -- 0 204,349
Transportation and Warehousing 1 3 -66.7 142,000 15,128,736
Bankruptcies 1 2 -50.0 142,000 15,128,736
Proposals 0 1 -100.0 0 0
Information and Cultural Industries 0 1 -100.0 0 0
Bankruptcies 0 0 -- 0 0
Proposals 0 1 -100.0 0 0
Finance and Insurance 0 2 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 0 -- 0 0
Real Estate and Rental and Leasing 7 3 133.3 1,737,460 9,341,746
Bankruptcies 7 1 600.0 1,737,460 9,341,746
Proposals 0 2 -100.0 0 0
Professional, Scientific and Technical Services 0 5 -100.0 0 0
Bankruptcies 0 3 -100.0 0 0
Proposals 0 2 -100.0 0 0
Management of Companies and Enterprises 1 3 -66.7 396,600 841,816
Bankruptcies 1 3 -66.7 396,600 841,816
Proposals 0 0 -- 0 0
Administrative and Support, Waste Management and Remediation Services 3 5 -40.0 204,110 571,724
Bankruptcies 3 4 -25.0 204,110 571,724
Proposals 0 1 -100.0 0 0
Educational Services 1 1 0.0 0 210,647
Bankruptcies 1 1 0.0 0 210,647
Proposals 0 0 -- 0 0
Health Care and Social Assistance 1 2 -50.0 0 100,000
Bankruptcies 1 1 0.0 0 100,000
Proposals 0 1 -100.0 0 0
Arts, Entertainment and Recreation 2 2 0.0 17,002 1,705,945
Bankruptcies 2 2 0.0 17,002 1,705,945
Proposals 0 0 -- 0 0
Accommodation and Food Services 12 11 9.1 414,945 3,437,813
Bankruptcies 11 5 120.0 299,585 2,770,773
Proposals 1 6 -83.3 115,360 667,040
Other Services (except Public Administration) 4 8 -50.0 526,631 1,676,341
Bankruptcies 2 7 -71.4 520,502 1,086,429
Proposals 2 1 100.0 6,129 589,912
Public Administration 1 0 -- 30,001 416,653
Bankruptcies 1 0 -- 30,001 416,653
Proposals 0 0 -- 0 0
Total 75 93 -19.4 10,082,359 64,338,580
Bankruptcies 63 69 -8.7 9,942,664 52,920,166
Proposals 12 24 -50.0 139,695 11,418,414
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