CAN business insolvency rate in 2014, by industry

This statistic displays the rate of business insolvencies in Canada as of 2014, by industry. In 2014, Canada-based enterprises in the accommodation and food services industry had an insolvency rate of 5.8 per 1,000 businesses.

Rate of business insolvencies in Canada as of 2014, by industry

Number of insolvencies per 1,000 businesses
Accommodation and food services5.8
Manufacturing4.3
Utilities3
Wholesale trade2.1
Construction2
Retail trade2
Mining, quarrying, and oil and gas extraction1.6
Administrative and support, waste management and remediation services1.6
Educational services1.6
Transportation and warehousing1.5
Information and cultural industries1.5
Arts, entertainment and recreation1.5
Other services (except public administration)0.9
Management of companies and enterprises0.7
Professional, scientific and technical services0.7
Finance and insurance0.5
Agriculture, forestry, fishing and hunting0.4
Health care and social assistance0.4
Real estate and rental and leasing0.2
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Source

Release date

June 2016

Region

Canada

Survey time period

2014

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