Insolvency Statistics in Canada—Third Quarter of 2017

Table 4: Insolvencies by NAICS Economic Sectors, Canada
Sector Volume % Change 12-Month Period Ending
Q3 2017 Q2 2017 Q3 2016 Q2 2017 to
Q3 2017
Q3 2016 to
Q3 2017
09-30-2017 09-30-2016 % Change
Agriculture, Forestry, Fishing and Hunting 17 18 13 -5.6 30.8 86 69 24.6
Bankruptcies 12 16 7 -25.0 71.4 64 51 25.5
Proposals 5 2 6 150.0 -16.7 22 18 22.2
Mining and Oil and Gas Extraction 10 14 17 -28.6 -41.2 63 54 16.7
Bankruptcies 5 11 7 -54.5 -28.6 46 34 35.3
Proposals 5 3 10 66.7 -50.0 17 20 -15.0
Utilities 1 1 1 0.0 0.0 8 7 14.3
Bankruptcies 1 1 1 0.0 0.0 6 2 200.0
Proposals 0 0 0 n/a n/a 2 5 -60.0
Construction 146 171 174 -14.6 -16.1 658 733 -10.2
Bankruptcies 105 135 122 -22.2 -13.9 481 546 -11.9
Proposals 41 36 52 13.9 -21.2 177 187 -5.3
Manufacturing 67 92 60 -27.2 11.7 320 327 -2.1
Bankruptcies 45 72 45 -37.5 0.0 224 243 -7.8
Proposals 22 20 15 10.0 46.7 96 84 14.3
Wholesale Trade 42 46 45 -8.7 -6.7 178 178 0.0
Bankruptcies 31 36 37 -13.9 -16.2 132 140 -5.7
Proposals 11 10 8 10.0 37.5 46 38 21.1
Retail Trade 79 106 86 -25.5 -8.1 392 493 -20.5
Bankruptcies 68 77 69 -11.7 -1.4 295 365 -19.2
Proposals 11 29 17 -62.1 -35.3 97 128 -24.2
Transportation and Warehousing 47 68 45 -30.9 4.4 240 215 11.6
Bankruptcies 38 58 36 -34.5 5.6 186 169 10.1
Proposals 9 10 9 -10.0 0.0 54 46 17.4
Information and Cultural Industries 15 12 13 25.0 15.4 72 69 4.3
Bankruptcies 12 9 13 33.3 -7.7 49 62 -21.0
Proposals 3 3 0 0.0 n/a 23 7 228.6
Finance and Insurance 15 17 15 -11.8 0.0 60 70 -14.3
Bankruptcies 9 16 15 -43.8 -40.0 51 57 -10.5
Proposals 6 1 0 500.0 n/a 9 13 -30.8
Real Estate and Rental and Leasing 37 39 39 -5.1 -5.1 141 164 -14.0
Bankruptcies 25 31 30 -19.4 -16.7 98 112 -12.5
Proposals 12 8 9 50.0 33.3 43 52 -17.3
Professional, Scientific and Technical Services 58 73 57 -20.5 1.8 268 286 -6.3
Bankruptcies 48 52 41 -7.7 17.1 212 221 -4.1
Proposals 10 21 16 -52.4 -37.5 56 65 -13.8
Management of Companies and Enterprises 13 23 17 -43.5 -23.5 76 69 10.1
Bankruptcies 12 16 8 -25.0 50.0 60 49 22.4
Proposals 1 7 9 -85.7 -88.9 16 20 -20.0
Administrative and Support, Waste Management and Remediation Services 30 42 44 -28.6 -31.8 171 189 -9.5
Bankruptcies 18 35 32 -48.6 -43.8 130 134 -3.0
Proposals 12 7 12 71.4 0.0 41 55 -25.5
Educational Services 5 3 6 66.7 -16.7 38 34 11.8
Bankruptcies 3 3 3 0.0 0.0 32 21 52.4
Proposals 2 0 3 n/a -33.3 6 13 -53.8
Health Care and Social Assistance 15 23 17 -34.8 -11.8 76 67 13.4
Bankruptcies 12 16 13 -25.0 -7.7 58 50 16.0
Proposals 3 7 4 -57.1 -25.0 18 17 5.9
Arts, Entertainment and Recreation 17 20 12 -15.0 41.7 73 79 -7.6
Bankruptcies 10 16 9 -37.5 11.1 51 64 -20.3
Proposals 7 4 3 75.0 133.3 22 15 46.7
Accommodation and Food Services 128 135 146 -5.2 -12.3 521 652 -20.1
Bankruptcies 91 104 117 -12.5 -22.2 401 505 -20.6
Proposals 37 31 29 19.4 27.6 120 147 -18.4
Other Services (except Public Administration) 46 48 40 -4.2 15.0 169 177 -4.5
Bankruptcies 39 43 36 -9.3 8.3 139 147 -5.4
Proposals 7 5 4 40.0 75.0 30 30 0.0
Public Administration 2 2 1 0.0 100.0 6 4 50.0
Bankruptcies 1 2 1 -50.0 0.0 4 4 0.0
Proposals 1 0 0 n/a n/a 2 0 n/a
Total 790 953 848 -17.1 -6.8 3,616 3,936 -8.1
Bankruptcies 585 749 642 -21.9 -8.9 2,719 2,976 -8.6
Proposals 205 204 206 0.5 -0.5 897 960 -6.6
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