Business insolvencies in Canada 2023, by NAICS category

Published by Statista Research Department, Mar 11, 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

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

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.

Citation formats
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$199 USD / Month *
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Corporate insolvencies worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Corporate insolvencies worldwide

Overview

6

North America

5

Europe

5

Asia-Pacific

6

Further related statistics

14

Further Content: You might find this interesting as well

Statistics

Topics

Corporate insolvencies worldwideNational debt of the U.S.Global economyPersonal debt in the U.S.Public debt in Latin America
Statista Accounts: Access All Statistics. Starting from $2,388 USD / Year
Learn more about how Statista can support your business.
Menu