Insolvency Statistics in Canada—First Quarter of 2017

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q1 2017 Q4 2016 Q1 2016 Q4 2016 to Q1 2017 Q1 2016 to Q1 2017 03-31-2017 03-31-2016 % Change
Agriculture, Forestry, Fishing and Hunting 16 35 26 -54.3 -38.5 78 85 -8.2
Bankruptcies 12 24 22 -50.0 -45.5 52 55 -5.5
Proposals 4 11 4 -63.6 0.0 26 30 -13.3
Mining and Oil and Gas Extraction 7 32 10 -78.1 -30.0 69 45 53.3
Bankruptcies 3 27 7 -88.9 -57.1 46 34 35.3
Proposals 4 5 3 -20.0 33.3 23 11 109.1
Utilities 2 4 2 -50.0 0.0 9 14 -35.7
Bankruptcies 2 2 0 0.0 -- 5 9 -44.4
Proposals 0 2 2 -100.0 -100.0 4 5 -20.0
Construction 169 172 185 -1.7 -8.6 695 765 -9.2
Bankruptcies 117 124 144 -5.6 -18.8 493 575 -14.3
Proposals 52 48 41 8.3 26.8 202 190 6.3
Manufacturing 87 74 89 17.6 -2.2 297 373 -20.4
Bankruptcies 60 47 67 27.7 -10.4 209 272 -23.2
Proposals 27 27 22 0.0 22.7 88 101 -12.9
Wholesale Trade 41 49 42 -16.3 -2.4 178 186 -4.3
Bankruptcies 26 39 31 -33.3 -16.1 137 142 -3.5
Proposals 15 10 11 50.0 36.4 41 44 -6.8
Retail Trade 117 90 145 30.0 -19.3 426 500 -14.8
Bankruptcies 88 62 102 41.9 -13.7 317 383 -17.2
Proposals 29 28 43 3.6 -32.6 109 117 -6.8
Transportation and Warehousing 62 63 44 -1.6 40.9 243 198 22.7
Bankruptcies 41 49 37 -16.3 10.8 181 146 24.0
Proposals 21 14 7 50.0 200.0 62 52 19.2
Information and Cultural Industries 21 24 26 -12.5 -19.2 66 81 -18.5
Bankruptcies 15 13 23 15.4 -34.8 48 65 -26.2
Proposals 6 11 3 -45.5 100.0 18 16 12.5
Finance and Insurance 17 11 19 54.5 -10.5 62 71 -12.7
Bankruptcies 15 11 14 36.4 7.1 53 53 0.0
Proposals 2 0 5 -- -60.0 9 18 -50.0
Real Estate and Rental and Leasing 30 35 32 -14.3 -6.3 152 139 9.4
Bankruptcies 19 23 22 -17.4 -13.6 98 109 -10.1
Proposals 11 12 10 -8.3 10.0 54 30 80.0
Professional, Scientific and Technical Services 60 77 70 -22.1 -14.3 286 293 -2.4
Bankruptcies 50 62 57 -19.4 -12.3 221 230 -3.9
Proposals 10 15 13 -33.3 -23.1 65 63 3.2
Management of Companies and Enterprises 17 23 19 -26.1 -10.5 75 63 19.0
Bankruptcies 15 17 18 -11.8 -16.7 52 47 10.6
Proposals 2 6 1 -66.7 100.0 23 16 43.8
Administrative and Support, Waste Management and Remediation Services 45 54 47 -16.7 -4.3 189 195 -3.1
Bankruptcies 34 43 31 -20.9 9.7 146 144 1.4
Proposals 11 11 16 0.0 -31.3 43 51 -15.7
Educational Services 22 8 9 175.0 144.4 45 33 36.4
Bankruptcies 20 6 6 233.3 233.3 34 24 41.7
Proposals 2 2 3 0.0 -33.3 11 9 22.2
Health Care and Social Assistance 20 18 18 11.1 11.1 73 79 -7.6
Bankruptcies 16 14 11 14.3 45.5 57 54 5.6
Proposals 4 4 7 0.0 -42.9 16 25 -36.0
Arts, Entertainment and Recreation 17 19 23 -10.5 -26.1 74 70 5.7
Bankruptcies 12 13 23 -7.7 -47.8 53 58 -8.6
Proposals 5 6 0 -16.7 -- 21 12 75.0
Accommodation and Food Services 137 121 172 13.2 -20.3 575 661 -13.0
Bankruptcies 106 100 125 6.0 -15.2 454 515 -11.8
Proposals 31 21 47 47.6 -34.0 121 146 -17.1
Other Services (except Public Administration) 41 34 50 20.6 -18.0 153 192 -20.3
Bankruptcies 30 27 41 11.1 -26.8 125 156 -19.9
Proposals 11 7 9 57.1 22.2 28 36 -22.2
Public Administration 1 1 2 0.0 -50.0 3 6 -50.0
Bankruptcies 1 0 2 -- -50.0 2 6 -66.7
Proposals 0 1 0 -100.0 -- 1 0 --
Total 929 944 1,030 -1.6 -9.8 3,748 4,049 -7.4
Bankruptcies 682 703 783 -3.0 -12.9 2,783 3,077 -9.6
Proposals 247 241 247 2.5 0.0 965 972 -0.7
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