Statistics in Canada—2010 (Tables 4 to 4d)

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Table 4: Insolvencies by NAICS Economic Sector, Canada

Table 4: Insolvencies by NAICS Economic Sector, Canada
Sector Volume 2010
2010 2009 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 144 250 -42.4 50,214,131 167,511,815
Bankruptcies 103 198 -48.0 35,152,677 84,567,229
Proposals 41 52 -21.2 15,061,454 82,944,586
Mining and Oil and Gas Extraction 59 69 -14.5 193,839,338 358,715,305
Bankruptcies 34 51 -33.3 188,516,018 276,389,895
Proposals 25 18 38.9 5,323,320 82,325,410
Utilities 10 21 -52.4 1,060,711 17,015,850
Bankruptcies 10 17 -41.2 1,060,711 17,015,850
Proposals 0 4 -100.0 0 0
Construction 863 999 -13.6 148,638,539 891,323,355
Bankruptcies 696 833 -16.4 106,019,041 734,597,436
Proposals 167 166 0.6 42,619,498 156,725,919
Manufacturing 564 759 -25.7 925,045,700 2,374,009,800
Bankruptcies 426 586 -27.3 874,446,255 2,112,905,488
Proposals 138 173 -20.2 50,599,445 261,104,312
Wholesale Trade 301 370 -18.6 72,274,425 397,981,974
Bankruptcies 241 299 -19.4 60,087,598 255,242,259
Proposals 60 71 -15.5 12,186,827 142,739,715
Retail Trade 752 946 -20.5 141,353,486 1,093,845,592
Bankruptcies 604 783 -22.9 101,038,180 965,899,225
Proposals 148 163 -9.2 40,315,306 127,946,367
Transportation and Warehousing 403 597 -32.5 34,604,020 297,389,970
Bankruptcies 334 479 -30.3 29,811,743 217,331,145
Proposals 69 118 -41.5 4,792,277 80,058,825
Information and Cultural Industries 82 116 -29.3 6,716,374 189,677,138
Bankruptcies 51 90 -43.3 2,727,199 172,761,799
Proposals 31 26 19.2 3,989,175 16,915,339
Finance and Insurance 107 144 -25.7 44,335,057 1,049,003,230
Bankruptcies 86 120 -28.3 41,549,536 1,018,619,397
Proposals 21 24 -12.5 2,785,521 30,383,833
Real Estate and Rental and Leasing 183 213 -14.1 49,674,855 255,727,983
Bankruptcies 136 143 -4.9 44,290,346 204,521,835
Proposals 47 70 -32.9 5,384,509 51,206,148
Professional, Scientific and Technical Services 327 423 -22.7 29,783,863 287,663,358
Bankruptcies 242 345 -29.9 21,305,710 206,619,297
Proposals 85 78 9.0 8,478,153 81,044,061
Management of Companies and Enterprises 68 41 65.9 78,211,534 861,357,825
Bankruptcies 48 32 50.0 38,519,525 795,597,794
Proposals 20 9 122.2 39,692,009 65,760,031
Administrative and Support, Waste Management and Remediation Services 218 296 -26.4 33,657,001 219,382,450
Bankruptcies 174 247 -29.6 17,706,933 170,618,177
Proposals 44 49 -10.2 15,950,068 48,764,273
Educational Services 41 44 -6.8 2,078,561 21,157,159
Bankruptcies 32 39 -17.9 2,068,026 10,603,408
Proposals 9 5 80.0 10,535 10,553,751
Health Care and Social Assistance 62 79 -21.5 45,090,080 168,277,305
Bankruptcies 43 66 -34.8 44,713,366 58,523,831
Proposals 19 13 46.2 376,714 109,753,474
Arts, Entertainment and Recreation 110 137 -19.7 89,745,528 514,570,164
Bankruptcies 91 115 -20.9 87,646,608 501,671,626
Proposals 19 22 -13.6 2,098,920 12,898,538
Accommodation and Food Services 639 815 -21.6 194,105,386 758,578,096
Bankruptcies 473 635 -25.5 183,382,731 693,916,918
Proposals 166 180 -7.8 10,722,655 64,661,178
Other Services (except Public Administration) 285 403 -29.3 19,010,100 101,101,069
Bankruptcies 243 337 -27.9 16,912,707 76,662,098
Proposals 42 66 -36.4 2,097,393 24,438,971
Public Administration 8 6 33.3 43,380 1,024,188
Bankruptcies 5 4 25.0 31,592 572,454
Proposals 3 2 50.0 11,788 451,734
Total 5,226 6,729 -22.3 2,159,482,069 10,025,313,626
Bankruptcies 4,072 5,420 -24.9 1,896,986,502 8,574,637,161
Proposals 1,154 1,309 -11.8 262,495,567 1,450,676,465

Table 4a: Insolvencies by NAICS Economic Sector, Newfoundland and Labrador

Table 4a: Insolvencies by NAICS Economic Sector, Newfoundland and Labrador
Sector Volume 2010
2010 2009 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 1 1 0.0 1,000 582,400
Bankruptcies 1 1 0.0 1,000 582,400
Proposals 0 0 — 0 0
Mining and Oil and Gas Extraction 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Utilities 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Construction 2 9 -77.8 7,500 835,078
Bankruptcies 2 9 -77.8 7,500 835,078
Proposals 0 0 — 0 0
Manufacturing 3 0 — 4,456,255 6,858,153
Bankruptcies 3 0 — 4,456,255 6,858,153
Proposals 0 0 — 0 0
Wholesale Trade 1 3 -66.7 0 0
Bankruptcies 1 3 -66.7 0 0
Proposals 0 0 — 0 0
Retail Trade 3 5 -40.0 11,692 218,731
Bankruptcies 3 5 -40.0 11,692 218,731
Proposals 0 0 — 0 0
Transportation and Warehousing 4 3 33.3 103,727 388,700
Bankruptcies 3 3 0.0 33,301 260,519
Proposals 1 0 — 70,426 128,181
Information and Cultural Industries 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 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 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Professional, Scientific and Technical Services 0 2 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 1 -100.0 0 0
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 3 0 — 14,002 258,465
Bankruptcies 3 0 — 14,002 258,465
Proposals 0 0 — 0 0
Educational Services 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Health Care and Social Assistance 1 0 — 16,000 49,435
Bankruptcies 1 0 — 16,000 49,435
Proposals 0 0 — 0 0
Arts, Entertainment and Recreation 0 2 -100.0 0 0
Bankruptcies 0 2 -100.0 0 0
Proposals 0 0 — 0 0
Accommodation and Food Services 3 7 -57.1 895,689 1,770,744
Bankruptcies 2 7 -71.4 825,263 1,770,744
Proposals 1 0 — 70,426 0
Other Services (except Public Administration) 2 1 100.0 500 178,040
Bankruptcies 2 1 100.0 500 178,040
Proposals 0 0 — 0 0
Public Administration 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Total 23 34 -32.4 5,506,365 11,139,746
Bankruptcies 21 33 -36.4 5,365,513 11,011,565
Proposals 2 1 100.0 140,852 128,181

Table 4b: Insolvencies by NAICS Economic Sector, Prince Edward Island

Table 4b: Insolvencies by NAICS Economic Sector, Prince Edward Island
Sector Volume 2010
2010 2009 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 6 7 -14.3 226,502 5,857,566
Bankruptcies 1 7 -85.7 2,002 874,194
Proposals 5 0 — 224,500 4,983,372
Mining and Oil and Gas Extraction 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Utilities 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Construction 4 7 -42.9 496,019 3,461,814
Bankruptcies 4 7 -42.9 496,019 3,461,814
Proposals 0 0 — 0 0
Manufacturing 2 2 0.0 2,001 5,759,408
Bankruptcies 2 0 — 2,001 5,759,408
Proposals 0 2 -100.0 0 0
Wholesale Trade 2 3 -33.3 3,002 5,907,345
Bankruptcies 1 3 -66.7 3,002 78,658
Proposals 1 0 — 0 5,828,687
Retail Trade 2 2 0.0 83,179 1,288,493
Bankruptcies 2 1 100.0 83,179 1,288,493
Proposals 0 1 -100.0 0 0
Transportation and Warehousing 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 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 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Real Estate and Rental and Leasing 2 2 0.0 2,503,003 3,148,007
Bankruptcies 2 2 0.0 2,503,003 3,148,007
Proposals 0 0 — 0 0
Professional,Scientific and Technical Services 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 — 0 0
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 0 1 -100.0 0 0
Bankruptcies 0 1 -100.0 0 0
Proposals 0 0 — 0 0
Educational Services 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Health Care and Social Assistance 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Arts, Entertainment and Recreation 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Accommodation and Food Services 3 2 50.0 49,018 610,424
Bankruptcies 3 2 50.0 49,018 610,424
Proposals 0 0 — 0 0
Other Services (except Public Administration) 1 3 -66.7 2,450 111,000
Bankruptcies 1 3 -66.7 2,450 111,000
Proposals 0 0 — 0 0
Public Administration 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Total 22 31 -29.0 3,365,174 26,144,057
Bankruptcies 16 27 -40.7 3,140,674 15,331,998
Proposals 6 4 50.0 224,500 10,812,059

Table 4c: Insolvencies by NAICS Economic Sector, Nova Scotia

Table 4c: Insolvencies by NAICS Economic Sector, Nova Scotia
Sector Volume 2010
2010 2009 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 2 12 -83.3 651,482 2,900,109
Bankruptcies 1 9 -88.9 113,502 1,479,744
Proposals 1 3 -66.7 537,980 1,420,365
Mining and Oil and Gas Extraction 1 0 — 1,890 245,449
Bankruptcies 1 0 — 1,890 245,449
Proposals 0 0 — 0 0
Utilities 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Construction 42 30 40.0 2,711,696 9,778,207
Bankruptcies 40 26 53.8 2,413,295 9,187,300
Proposals 2 4 -50.0 298,401 590,907
Manufacturing 20 8 150.0 1,848,247 8,677,261
Bankruptcies 17 4 325.0 1,848,247 7,385,954
Proposals 3 4 -25.0 0 1,291,307
Wholesale Trade 5 11 -54.5 1,239,802 5,496,778
Bankruptcies 3 10 -70.0 1,239,802 3,102,084
Proposals 2 1 100.0 0 2,394,694
Retail Trade 27 23 17.4 4,273,851 10,781,305
Bankruptcies 22 21 4.8 3,178,841 8,298,975
Proposals 5 2 150.0 1,095,010 2,482,330
Transportation and Warehousing 8 20 -60.0 98,540 710,113
Bankruptcies 7 18 -61.1 92,164 640,363
Proposals 1 2 -50.0 6,376 69,750
Information and Cultural Industries 3 3 0.0 6,502 216,699
Bankruptcies 2 3 -33.3 6,502 216,699
Proposals 1 0 — 0 0
Finance and Insurance 5 6 -16.7 822,683 772,060,309
Bankruptcies 2 6 -66.7 1 771,057,149
Proposals 3 0 — 822,682 1,003,160
Real Estate and Rental and Leasing 4 3 33.3 198,713 12,399,395
Bankruptcies 2 1 100.0 198,713 12,399,395
Proposals 2 2 0.0 0 0
Professional, Scientific and Technical Services 7 7 0.0 625,481 1,993,431
Bankruptcies 5 6 -16.7 288,981 1,498,431
Proposals 2 1 100.0 336,500 495,000
Management of Companies and Enterprises 2 1 100.0 9,552 1,450,546
Bankruptcies 1 1 0.0 9,552 216,096
Proposals 1 0 — 0 1,234,450
Administrative and Support, Waste Management and Remediation Services 5 6 -16.7 46,170 694,589
Bankruptcies 4 6 -33.3 17,670 631,741
Proposals 1 0 — 28,500 62,848
Educational Services 1 2 -50.0 12,221 330,962
Bankruptcies 1 2 -50.0 12,221 330,962
Proposals 0 0 — 0 0
Health Care and Social Assistance 4 4 0.0 58,720 363,650
Bankruptcies 4 4 0.0 58,720 363,650
Proposals 0 0 — 0 0
Arts, Entertainment and Recreation 7 4 75.0 1,728,406 6,374,287
Bankruptcies 5 4 25.0 1,728,406 4,310,488
Proposals 2 0 — 0 2,063,799
Accommodation and Food Services 11 14 -21.4 411,898 2,232,851
Bankruptcies 10 14 -28.6 411,898 2,232,851
Proposals 1 0 — 0 0
Other Services (except Public Administration) 12 12 0.0 777,652 1,503,209
Bankruptcies 11 11 0.0 604,999 1,362,344
Proposals 1 1 0.0 172,653 140,865
Public Administration 1 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 1 0 — 0 0
Total 167 166 0.6 15,523,506 838,209,150
Bankruptcies 138 146 -5.5 12,225,404 824,959,675
Proposals 29 20 45.0 3,298,102 13,249,475

Table 4d: Insolvencies by NAICS Economic Sector, New Brunswick

Table 4d: Insolvencies by NAICS Economic Sector, New Brunswick
Sector Volume 2010
2010 2009 % Change Assets Declared at the Time of Filing ($) Liabilities Declared at the Time of Filing ($)
Agriculture, Forestry, Fishing and Hunting 3 13 -76.9 92,062 5,663,917
Bankruptcies 2 8 -75.0 10,511 5,502,688
Proposals 1 5 -80.0 81,551 161,229
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 1 0 — 0 11,425,469
Bankruptcies 1 0 — 0 11,425,469
Proposals 0 0 — 0 0
Construction 7 9 -22.2 23,819,730 241,239,756
Bankruptcies 6 8 -25.0 23,661,726 241,064,883
Proposals 1 1 0.0 158,004 174,873
Manufacturing 9 15 -40.0 9,767,324 309,777,061
Bankruptcies 7 13 -46.2 9,767,324 303,803,940
Proposals 2 2 0.0 0 5,973,121
Wholesale Trade 1 8 -87.5 3,851 48,400
Bankruptcies 1 4 -75.0 3,851 48,400
Proposals 0 4 -100.0 0 0
Retail Trade 15 24 -37.5 2,054,047 6,182,313
Bankruptcies 11 18 -38.9 1,941,547 5,995,578
Proposals 4 6 -33.3 112,500 186,735
Transportation and Warehousing 9 18 -50.0 1,418,964 103,423,462
Bankruptcies 8 15 -46.7 1,050,258 102,991,577
Proposals 1 3 -66.7 368,706 431,885
Information and Cultural Industries 1 0 — 7,250 151,579
Bankruptcies 1 0 — 7,250 151,579
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 3 6 -50.0 1,465,100 4,324,319
Bankruptcies 2 6 -66.7 1,465,100 2,884,827
Proposals 1 0 — 0 1,439,492
Professional, Scientific and Technical Services 2 6 -66.7 2,865,500 6,327,989
Bankruptcies 2 3 -33.3 2,865,500 6,327,989
Proposals 0 3 -100.0 0 0
Management of Companies and Enterprises 7 1 600.0 17,964,697 624,506,174
Bankruptcies 7 1 600.0 17,964,697 624,506,174
Proposals 0 0 — 0 0
Administrative and Support, Waste Management and Remediation Services 4 5 -20.0 5,370,475 105,119,227
Bankruptcies 4 4 0.0 5,370,475 105,119,227
Proposals 0 1 -100.0 0 0
Educational Services 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Health Care and Social Assistance 4 1 300.0 1,028,964 2,137,533
Bankruptcies 3 1 200.0 1,028,964 2,137,533
Proposals 1 0 — 0 0
Arts, Entertainment and Recreation 5 4 25.0 6,963,842 14,094,833
Bankruptcies 4 2 100.0 4,999,837 7,380,646
Proposals 1 2 -50.0 1,964,005 6,714,187
Accommodation and Food Services 10 15 -33.3 2,261,831 4,639,433
Bankruptcies 10 15 -33.3 2,261,831 4,639,433
Proposals 0 0 — 0 0
Other Services (except Public Administration) 2 6 -66.7 22,103 173,031
Bankruptcies 1 2 -50.0 16,801 67,604
Proposals 1 4 -75.0 5,302 105,427
Public Administration 0 0 — 0 0
Bankruptcies 0 0 — 0 0
Proposals 0 0 — 0 0
Total 83 132 -37.1 75,105,740 1,439,234,496
Bankruptcies 70 101 -30.7 72,415,672 1,424,047,547
Proposals 13 31 -58.1 2,690,068 15,186,949
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