Table 4: Insolvencies by NAICS Economic Sectors, Canada | - | Volume | 2020 |
| 2020 | 2019 | % Change | Assets Declared at the Time of Filing ($) | Liabilities Declared at the Time of Filing ($) |
| Agriculture, Forestry, Fishing and Hunting | 61 | 64 | -4.7 | 103,100,964 | 280,525,627 |
| Bankruptcies | 44 | 46 | -4.3 | 101,420,169 | 272,833,112 |
| Proposals | 17 | 18 | -5.6 | 1,680,795 | 7,692,515 |
| Mining and Oil and Gas Extraction | 36 | 42 | -14.3 | 85,769,462 | 510,335,001 |
| Bankruptcies | 25 | 25 | 0.0 | 64,769,462 | 468,195,668 |
| Proposals | 11 | 17 | -35.3 | 21,000,000 | 42,139,333 |
| Utilities | 5 | 7 | -28.6 | 157,243 | 2,503,544 |
| Bankruptcies | 5 | 4 | 25.0 | 157,243 | 2,503,544 |
| Proposals | 0 | 3 | -100.0 | 0 | 0 |
| Construction | 338 | 684 | -50.6 | 159,327,389 | 482,625,984 |
| Bankruptcies | 258 | 499 | -48.3 | 149,513,630 | 393,252,824 |
| Proposals | 80 | 185 | -56.8 | 9,813,759 | 89,373,160 |
| Manufacturing | 231 | 338 | -31.7 | 126,484,773 | 850,488,728 |
| Bankruptcies | 165 | 243 | -32.1 | 93,508,342 | 674,100,437 |
| Proposals | 66 | 95 | -30.5 | 32,976,431 | 176,388,291 |
| Wholesale Trade | 139 | 191 | -27.2 | 17,963,390 | 262,372,018 |
| Bankruptcies | 110 | 132 | -16.7 | 16,157,591 | 215,644,387 |
| Proposals | 29 | 59 | -50.8 | 1,805,799 | 46,727,631 |
| Retail Trade | 377 | 384 | -1.8 | 41,639,242 | 1,036,941,949 |
| Bankruptcies | 270 | 293 | -7.8 | 35,418,138 | 339,425,455 |
| Proposals | 107 | 91 | 17.6 | 6,221,104 | 697,516,494 |
| Transportation and Warehousing | 164 | 219 | -25.1 | 10,029,542 | 104,361,882 |
| Bankruptcies | 123 | 164 | -25.0 | 6,026,894 | 74,627,382 |
| Proposals | 41 | 55 | -25.5 | 4,002,648 | 29,734,500 |
| Information and Cultural Industries | 48 | 80 | -40.0 | 14,114,123 | 102,626,078 |
| Bankruptcies | 36 | 60 | -40.0 | 5,768,562 | 38,813,381 |
| Proposals | 12 | 20 | -40.0 | 8,345,561 | 63,812,697 |
| Finance and Insurance | 38 | 63 | -39.7 | 104,144,474 | 688,281,440 |
| Bankruptcies | 28 | 52 | -46.2 | 88,683,896 | 588,141,343 |
| Proposals | 10 | 11 | -9.1 | 15,460,578 | 100,140,097 |
| Real Estate and Rental and Leasing | 140 | 159 | -11.9 | 32,051,388 | 607,550,729 |
| Bankruptcies | 102 | 119 | -14.3 | 21,753,468 | 207,986,204 |
| Proposals | 38 | 40 | -5.0 | 10,297,920 | 399,564,525 |
| Professional, Scientific and Technical Services | 186 | 285 | -34.7 | 27,714,364 | 193,942,499 |
| Bankruptcies | 142 | 224 | -36.6 | 27,280,758 | 160,352,029 |
| Proposals | 44 | 61 | -27.9 | 433,606 | 33,590,470 |
| Management of Companies and Enterprises | 96 | 84 | 14.3 | 23,600,129 | 410,729,567 |
| Bankruptcies | 68 | 68 | 0.0 | 22,106,009 | 161,699,710 |
| Proposals | 28 | 16 | 75.0 | 1,494,120 | 249,029,857 |
| Administrative and Support, Waste Management and Remediation Services | 120 | 175 | -31.4 | 4,142,844 | 110,008,673 |
| Bankruptcies | 84 | 124 | -32.3 | 3,207,288 | 58,314,292 |
| Proposals | 36 | 51 | -29.4 | 935,556 | 51,694,381 |
| Educational Services | 39 | 33 | 18.2 | 2,131,990 | 25,898,631 |
| Bankruptcies | 32 | 23 | 39.1 | 1,922,843 | 22,598,105 |
| Proposals | 7 | 10 | -30.0 | 209,147 | 3,300,526 |
| Health Care and Social Assistance | 68 | 85 | -20.0 | 16,866,580 | 98,795,325 |
| Bankruptcies | 53 | 58 | -8.6 | 3,228,249 | 79,550,500 |
| Proposals | 15 | 27 | -44.4 | 13,638,331 | 19,244,825 |
| Arts, Entertainment and Recreation | 117 | 78 | 50.0 | 6,210,081 | 51,009,401 |
| Bankruptcies | 93 | 62 | 50.0 | 5,935,101 | 41,456,460 |
| Proposals | 24 | 16 | 50.0 | 274,980 | 9,552,941 |
| Accommodation and Food Services | 441 | 506 | -12.8 | 40,823,667 | 227,051,501 |
| Bankruptcies | 357 | 400 | -10.8 | 28,697,243 | 164,714,284 |
| Proposals | 84 | 106 | -20.8 | 12,126,424 | 62,337,217 |
| Other Services (except Public Administration) | 139 | 203 | -31.5 | 12,723,612 | 84,958,060 |
| Bankruptcies | 111 | 150 | -26.0 | 11,010,985 | 51,613,549 |
| Proposals | 28 | 53 | -47.2 | 1,712,627 | 33,344,511 |
| Public Administration | 3 | 0 | n/a | 120,205 | 653,218 |
| Bankruptcies | 2 | 0 | n/a | 120,204 | 345,125 |
| Proposals | 1 | 0 | n/a | 1 | 308,093 |
| Total | 2,786 | 3,680 | -24.3 | 829,115,462 | 6,131,659,855 |
| Bankruptcies | 2,108 | 2,746 | -23.2 | 686,686,075 | 4,016,167,791 |
| Proposals | 678 | 934 | -27.4 | 142,429,387 | 2,115,492,064 |
