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Link to original content: http://fr.statista.com/statistics/1116764/business-insolvencies-canada-naics-category/
Business insolvencies in Canada by NAICS category 2023 | Statista

Business insolvencies in Canada 2023, by NAICS category

Published by Statista Research Department, Aug 23, 2024
In 2023, the industry of accommodation and food services registered the highest number of bankruptcies of any industry in Canada, with 539 businesses becoming bankrupt during the calendar year. In addition, a further 127 accommodation and food services' businesses made a formal proposal under the Bankruptcy and Insolvency Act to settle their debts under different terms.

Number of business insolvencies in Canada in 2023, by NAICS category

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Release date

November 2023

Region

Canada

Survey time period

2023

Supplementary notes

Bankruptcies: any business that has made an assignment in bankruptcy or against whom a bankruptcy order has been made.
Proposals: an offer to creditors to settle debts under conditions other than the existing terms, constituting a formal agreement under the Bankruptcy and Insolvency Act.

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