BC

Monthly Filings

A five-year chart of consumer filings shows strong recent growth in both consumer proposals and total filings.


Consumer Proposals


Annual File Growth

To measure growth and include recent trends we eliminate month-to-month and seasonal variances by comparing total filings in the 12 months ending March 2023 with the 12 months ending March 2022.


Regions / Municipal Areas

Mean and Current Monthly Filings

We consider census metropolitan areas and regions and compare current volumes with the 10-year historical mean. Showing the current month as a percentage of the mean reveals the degree to which current filings exceed the mean.


Cities

Most Active This Month

Highest Annual Growth Rates

We filter out those cities having less than 120 filings per year and report the fifteen having the highest growth.

City 12.mos.to.Mar2023 12.mos.to.Mar2022 Change Percent Change
Esquimalt 168 96 72 75.0%
New Westminster 227 150 77 51.3%
Abbotsford 412 274 138 50.4%
Maple Ridge 231 165 66 40.0%
Penticton 120 86 34 39.5%
Highlands 175 126 49 38.9%
Surrey 1294 955 339 35.5%
Chilliwack 291 220 71 32.3%
Port Coquitlam 238 185 53 28.6%
Delta 197 154 43 27.9%
Kelowna 397 316 81 25.6%
Vernon 205 164 41 25.0%
Vancouver 1202 977 225 23.0%
Coquitlam 146 121 25 20.7%
Burnaby 406 342 64 18.7%


Lowest Annual Growth Rates

We report the 10 cities with the lowest growth rates.

City 12.mos.to.Mar2023 12.mos.to.Mar2022 Change Percent Change
Kamloops 270 267 3 1.1%
North Vancouver 232 209 23 11.0%
Saanich 209 188 21 11.2%
Prince George 249 223 26 11.7%
Langley 336 293 43 14.7%
Nanaimo 293 253 40 15.8%
Victoria 152 131 21 16.0%
Richmond 312 263 49 18.6%
Burnaby 406 342 64 18.7%
Coquitlam 146 121 25 20.7%


10-Year Monthly Highs and Lows

For each city having at least 120 files annually, we determined the maximum and minimum monthly filings since 2013 and compared these to the current monthly filings to determine whether the city was experiencing an historic high or low number of filings.

Highs


Lows - none


Forward Sortation Areas

Most Active This Month

The 20 most active FSAs in the current month and their mean monthly filings since 2013.

FSA FSA.Place.Name City March2023 Mean March2023.over.Mean
V9A Esquimalt Esquimalt 27 12 214.0%
V9B Highlands Highlands 23 16 141.8%
V3S Surrey East Surrey 22 18 121.3%
V3B Port Coquitlam Central Port Coquitlam 21 9 211.9%
V2X Maple Ridge West Maple Ridge 20 10 182.4%
V3T Surrey Inner Northwest Surrey 20 11 171.8%
V3W Surrey Upper West Surrey 19 17 109.0%
V4N Surrey Northeast Surrey 19 12 148.0%
V0N North Island Rural Area 18 10 174.9%
V3R Surrey North Surrey 18 15 116.5%
V3V Surrey Outer Northwest Surrey 18 10 172.4%
V2P Chilliwack Central Chilliwack 17 10 162.1%
V2V Mission East Mission 17 7 228.8%
V9W Campbell River Central Campbell River 17 7 215.3%
V2B Kamloops Northwest Kamloops 16 10 149.9%
V2R Chilliwack West Chilliwack 16 9 174.6%
V0H South Okanagan (Summerland) Rural Area 15 9 154.4%
V1T Vernon Central Vernon 15 9 157.2%
V2S Abbotsford Southeast Abbotsford 15 12 123.5%
V0R Central Island (Chemainus) Rural Area 14 14 98.8%


Highest Annual Growth Rates

We average over 10 years the number of monthly files in FSAs and we filter out those having less than 72 files annually. We compare the number of files in the 12-month period ended March 2023 to those in the 12-month period ended March 2022 to calculate the recent trend in filings. We show the top twenty.

FSA FSA_Place_Name City 12.mos.to.Mar2023 12.mos.to.Mar2022 Change Percent Change
V9A Esquimalt Esquimalt 168 96 72 75.0%
V2R Chilliwack West Chilliwack 142 89 53 59.6%
V3B Port Coquitlam Central Port Coquitlam 124 80 44 55.0%
V4N Surrey Northeast Surrey 171 112 59 52.7%
V1C Cranbrook Cranbrook 82 55 27 49.1%
V2S Abbotsford Southeast Abbotsford 170 114 56 49.1%
V3V Surrey Outer Northwest Surrey 137 92 45 48.9%
V2X Maple Ridge West Maple Ridge 161 109 52 47.7%
V5X Vancouver (SE Oakridge / East Marpole / South Sunset) Vancouver 76 52 24 46.2%
V9R Nanaimo South Nanaimo 136 94 42 44.7%
V1Y Kelowna Central Kelowna 133 92 41 44.6%
V3M New Westminster Southwest (Includes Annacis Island) New Westminster 137 97 40 41.2%
V2A Penticton Penticton 120 86 34 39.5%
V9W Campbell River Central Campbell River 121 87 34 39.1%
V9B Highlands Highlands 175 126 49 38.9%
V3T Surrey Inner Northwest Surrey 169 123 46 37.4%
V0N North Island Rural Area 122 89 33 37.1%
V3R Surrey North Surrey 183 134 49 36.6%
V2T Abbotsford Southwest Abbotsford 151 111 40 36.0%
V8Z Saanich Central Saanich 62 46 16 34.8%


Lowest Annual Growth Rates

FSA FSA_Place_Name City 12.mos.to.Mar2023 12.mos.to.Mar2022 Change Percent Change
V0H South Okanagan (Summerland) Rural Area 93 108 -15 -13.9%
V3C Port Coquitlam South Port Coquitlam 73 79 -6 -7.6%
V3N Burnaby (East Big Bend / Stride Avenue / Edmonds / Cariboo-Armstrong) Burnaby 88 85 3 3.5%
V3A Langley City Langley 133 127 6 4.7%
V1J Fort St. John Fort St. John 100 94 6 6.4%
V9N Courtenay Central Courtenay 100 94 6 6.4%
V3J Coquitlam North Coquitlam 80 73 7 9.6%
V1X Kelowna East Central Kelowna 100 91 9 9.9%
V4T Westbank Westbank 91 82 9 11.0%
V2B Kamloops Northwest Kamloops 158 141 17 12.1%
V4C Delta Northeast Delta 98 87 11 12.6%
V3W Surrey Upper West Surrey 183 159 24 15.1%
V0E Central Okanagan and High Country (Revelstoke) Rural Area 157 136 21 15.4%
V2N Prince George South Prince George 73 63 10 15.9%
V2P Chilliwack Central Chilliwack 142 122 20 16.4%


Notes and Data Sources

  • FSA and Forward Sortation Area are protected terms for the benefit of Canada Post Corporation.

  • Data sources: the Office of the Superintendent of Bankruptcy (“OSB”), Canada Post Corporation.

  • We report only on consumer bankruptcies and consumer proposals as defined by the OSB. As such and although immaterial, we include in “consumer proposals” those BIA Division 1 proposals made by a natural person if their Licensed Insolvency Trustee reports consumer-related debts exceed 50% of total debts.

Questions or Comments? Email debtsgo.ca