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Canada Insolvency Statistics: Bankruptcies: Educational Services data was reported at 3.000 Unit in Feb 2025. This stayed constant from the previous number of 3.000 Unit for Jan 2025. Canada Insolvency Statistics: Bankruptcies: Educational Services data is updated monthly, averaging 2.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 14.000 Unit in Mar 2017 and a record low of 0.000 Unit in Jun 2023. Canada Insolvency Statistics: Bankruptcies: Educational Services data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
In 2023, the industry of accommodation and food services registered the highest number of bankruptcies of any industry in Canada, with *** businesses becoming bankrupt during the calendar year. In addition, a further *** accommodation and food services' businesses made a formal proposal under the Bankruptcy and Insolvency Act to settle their debts under different terms.
In 2023, the number business insolvencies in Canada amounted to *****. Compared to the previous year, the number of bankruptcies and proposals experienced an increase. Specifically, there were ***** bankruptcies and *** proposals in Canada in 2022.
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Canada Insolvency Statistics: Bankruptcies: Finance & Insurance data was reported at 4.000 Unit in Feb 2025. This records a decrease from the previous number of 5.000 Unit for Jan 2025. Canada Insolvency Statistics: Bankruptcies: Finance & Insurance data is updated monthly, averaging 4.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 11.000 Unit in Jan 2011 and a record low of 0.000 Unit in Aug 2023. Canada Insolvency Statistics: Bankruptcies: Finance & Insurance data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
In 2023, the industry of health care and social assistance, recorded the lowest growth rate of business insolvencies of any industry in Canada. That same year, educational services recorded the highest growth rate of business insolvencies in the country.
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Canada Insolvency Statistics: Educational Services data was reported at 4.000 Unit in Feb 2025. This records a decrease from the previous number of 5.000 Unit for Jan 2025. Canada Insolvency Statistics: Educational Services data is updated monthly, averaging 3.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 15.000 Unit in Mar 2017 and a record low of 0.000 Unit in Jun 2023. Canada Insolvency Statistics: Educational Services data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
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Canada Insolvency Statistics: Other Services excl Public Administration data was reported at 25.000 Unit in Feb 2025. This records an increase from the previous number of 21.000 Unit for Jan 2025. Canada Insolvency Statistics: Other Services excl Public Administration data is updated monthly, averaging 18.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 46.000 Unit in Dec 2023 and a record low of 4.000 Unit in Nov 2020. Canada Insolvency Statistics: Other Services excl Public Administration data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
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Canada Insolvency Statistics: Proposals: Other Services excl Public Administration data was reported at 4.000 Unit in Feb 2025. This records a decrease from the previous number of 7.000 Unit for Jan 2025. Canada Insolvency Statistics: Proposals: Other Services excl Public Administration data is updated monthly, averaging 3.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 12.000 Unit in Dec 2023 and a record low of 0.000 Unit in Oct 2021. Canada Insolvency Statistics: Proposals: Other Services excl Public Administration data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
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Canada Insolvency Statistics: Proposals: Utilities data was reported at 0.000 Unit in Feb 2025. This stayed constant from the previous number of 0.000 Unit for Jan 2025. Canada Insolvency Statistics: Proposals: Utilities data is updated monthly, averaging 0.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 3.000 Unit in May 2023 and a record low of 0.000 Unit in Feb 2025. Canada Insolvency Statistics: Proposals: Utilities data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
In 2023, *** businesses in the sector of accommodation and food services filed for bankruptcy in Canada, the highest of any industry. The utilities sector had the lowest number of bankruptcies in that year, with only ***** businesses filing for bankruptcy.
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Canada Insolvency Statistics: Proposals: Mining, Oil & Gas Extraction data was reported at 2.000 Unit in Feb 2025. This records an increase from the previous number of 0.000 Unit for Jan 2025. Canada Insolvency Statistics: Proposals: Mining, Oil & Gas Extraction data is updated monthly, averaging 1.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 8.000 Unit in Nov 2023 and a record low of 0.000 Unit in Jan 2025. Canada Insolvency Statistics: Proposals: Mining, Oil & Gas Extraction data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Canada Insolvency Statistics: Bankruptcies: Educational Services data was reported at 3.000 Unit in Feb 2025. This stayed constant from the previous number of 3.000 Unit for Jan 2025. Canada Insolvency Statistics: Bankruptcies: Educational Services data is updated monthly, averaging 2.000 Unit from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 14.000 Unit in Mar 2017 and a record low of 0.000 Unit in Jun 2023. Canada Insolvency Statistics: Bankruptcies: Educational Services data remains active status in CEIC and is reported by Office of the Superintendent of Bankruptcy. The data is categorized under Global Database’s Canada – Table CA.O010: Insolvency Statistics: NAICS 2017. [COVID-19-IMPACT]