A five-year chart of consumer filings shows recent growth in both consumer proposals and total filings.
To measure growth and include recent trends we eliminate variances occurring both month-to-month and seasonally by comparing total filings in the 12 months ending March 2023 with the 12 months ending March 2022.
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.
We filter out those cities having less than 120 filings per year and report the twenty having the highest growth.
| City | 12.mos.to.Mar2023 | 12.mos.to.Mar2022 | Change | Percent Change |
|---|---|---|---|---|
| Mascouche | 177 | 109 | 68 | 62.4% |
| Auteuil | 78 | 53 | 25 | 47.2% |
| Rosemont | 301 | 206 | 95 | 46.1% |
| Maisonneuve | 100 | 69 | 31 | 44.9% |
| Victoriaville | 178 | 125 | 53 | 42.4% |
| Rouyn-Noranda | 158 | 112 | 46 | 41.1% |
| Saint-Lin-Laurentides | 186 | 132 | 54 | 40.9% |
| Hochelaga | 127 | 91 | 36 | 39.6% |
| Lachute | 95 | 69 | 26 | 37.7% |
| L’Assomption | 85 | 62 | 23 | 37.1% |
| Saint-Hyacinthe | 293 | 215 | 78 | 36.3% |
| Trois-Rivieres | 374 | 276 | 98 | 35.5% |
| Ville-Emard | 108 | 80 | 28 | 35.0% |
| Brossard | 212 | 159 | 53 | 33.3% |
| La Prairie | 100 | 75 | 25 | 33.3% |
| Joliette | 246 | 188 | 58 | 30.9% |
| Terrebonne | 302 | 231 | 71 | 30.7% |
| Aylmer QC | 220 | 171 | 49 | 28.7% |
| Cartierville | 104 | 81 | 23 | 28.4% |
| Vimont | 77 | 60 | 17 | 28.3% |
We report 10 cities with the lowest growth rates.
| City | 12.mos.to.Mar2023 | 12.mos.to.Mar2022 | Change | Percent Change |
|---|---|---|---|---|
| Val-d’Or | 116 | 151 | -35 | -23.2% |
| Chomedey | 278 | 320 | -42 | -13.1% |
| Fabreville | 71 | 79 | -8 | -10.1% |
| Rimouski | 134 | 147 | -13 | -8.8% |
| Cote-Saint-Luc | 84 | 91 | -7 | -7.7% |
| Magog | 103 | 108 | -5 | -4.6% |
| Petite-Patrie | 109 | 114 | -5 | -4.4% |
| Sorel | 149 | 155 | -6 | -3.9% |
| Dollard-Des-Ormeaux | 65 | 67 | -2 | -3.0% |
| Loretteville | 117 | 116 | 1 | 0.9% |
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.
The 30 most active FSAs in the current month and their mean monthly filings since 2013.
| FSA | FSA.Place.Name | City | March2023 | Mean | March2023.over.Mean |
|---|---|---|---|---|---|
| J0K | Lanaudiere-Nord (Saint-Esprit) | Rural Area | 63 | 74 | 85.1% |
| G0A | Capitale-Nationale (Stoneham) | Rural Area | 35 | 27 | 129.6% |
| G0R | Appalaches (La Pocatiere) | Rural Area | 31 | 21 | 145.4% |
| J0L | Monteregie-Nord (Saint-Antoine-Sur-Richelieu) | Rural Area | 30 | 33 | 89.2% |
| J2B | Drummondville South | Drummondville | 28 | 15 | 179.1% |
| G0S | Chaudiere-Nord (Saint-Joseph-De-Beauce) | Rural Area | 27 | 20 | 134.0% |
| J6E | Joliette | Joliette | 26 | 21 | 120.4% |
| G0C | Gaspe-Sud (New Richmond) | Rural Area | 25 | 17 | 144.5% |
| H1G | Montreal North North | Montreal | 25 | 23 | 107.6% |
| J1H | Sherbrooke Central | Sherbrooke | 25 | 13 | 183.0% |
| G1E | Beauport South | Beauport | 24 | 15 | 158.1% |
| J7K | Mascouche Extremities | Mascouche | 24 | 15 | 151.6% |
| J7Z | Saint-Jerome Southeast | Saint-Jerome | 24 | 21 | 111.9% |
| J0T | Laurentides-Nord (Montcalm) | Rural Area | 22 | 24 | 90.0% |
| J3Y | Saint-Hubert Central | Saint-Hubert | 22 | 22 | 99.5% |
| J0B | Estrie-Est (Stanstead) | Rural Area | 21 | 19 | 108.2% |
| J8P | Gatineau Southeast | Gatineau | 21 | 26 | 79.8% |
| G9A | Trois-Rivieres East | Trois-Rivieres | 20 | 12 | 161.4% |
| H7N | Laval-des-Rapides | Laval-des-Rapides | 19 | 21 | 89.4% |
| J0V | Laurentides-Sud (Cheneville) | Rural Area | 19 | 13 | 136.2% |
| J6S | Salaberry-de-Valleyfield North | Salaberry-de-Valleyfield | 19 | 12 | 146.6% |
| J7R | Saint-Eustache Southwest | Saint-Eustache | 19 | 15 | 121.3% |
| J8T | Gatineau Southwest | Gatineau | 19 | 22 | 85.4% |
| G1L | Quebec City Northeast | Quebec City | 18 | 11 | 150.1% |
| J1X | Magog | Magog | 18 | 12 | 146.0% |
| J2S | Saint-Hyacinthe Southwest | Saint-Hyacinthe | 18 | 13 | 134.5% |
| G0L | Bas-St-Laurent-Ouest (Trois-Pistoles) | Rural Area | 17 | 16 | 100.3% |
| G7H | Chicoutimi East | Chicoutimi | 17 | 9 | 171.4% |
| G8T | Cap-de-la-Madeleine Central and southeast | Cap-de-la-Madeleine | 17 | 15 | 111.8% |
| H1E | Riviere-des-Prairies Southwest | Montreal | 17 | 15 | 112.4% |
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.
| FSA | FSA_Place_Name | City | 12.mos.to.Mar2023 | 12.mos.to.Mar2022 | Change | Percent Change |
|---|---|---|---|---|---|---|
| J2T | Saint-Hyacinthe East | Saint-Hyacinthe | 84 | 39 | 45 | 115.4% |
| J8B | Sainte-Adele | Sainte-Adele | 71 | 39 | 32 | 82.1% |
| H1X | Rosemont Central | Rosemont | 125 | 73 | 52 | 71.2% |
| J6Y | Terrebonne Southwest | Terrebonne | 62 | 37 | 25 | 67.6% |
| G9T | Grand-Mere | Grand-Mere | 80 | 49 | 31 | 63.3% |
| G1C | Beauport Central | Beauport | 123 | 76 | 47 | 61.8% |
| H4L | Saint-Laurent Inner Northeast | Saint-Laurent | 72 | 45 | 27 | 60.0% |
| H2K | Centre-Sud North | Montreal | 103 | 65 | 38 | 58.5% |
| J9A | Hull Southwest | Hull | 53 | 34 | 19 | 55.9% |
| G1K | Quebec City Mid-Riverbank | Quebec City | 94 | 61 | 33 | 54.1% |
| J8C | Sainte-Agathe-Des-Monts | Sainte-Agathe-Des-Monts | 63 | 41 | 22 | 53.7% |
| H3W | Cotes-des-Neiges Southwest | Cote-des-Neiges | 76 | 51 | 25 | 49.0% |
| J6A | Repentigny South | Repentigny | 116 | 78 | 38 | 48.7% |
| J0V | Laurentides-Sud (Cheneville) | Rural Area | 126 | 85 | 41 | 48.2% |
| J5A | Saint-Constant | Saint-Constant | 80 | 54 | 26 | 48.1% |
| J7K | Mascouche Extremities | Mascouche | 132 | 90 | 42 | 46.7% |
| H1V | Maisonneuve | Maisonneuve | 100 | 69 | 31 | 44.9% |
| G8Z | Trois-Rivieres Northeast | Trois-Rivieres | 75 | 52 | 23 | 44.2% |
| G3K | Val-Belair South | Val-Belair | 78 | 55 | 23 | 41.8% |
| H7A | Duvernay-Est | Duvernay | 51 | 36 | 15 | 41.7% |
| H7G | Pont-Viau | Pont-Viau | 96 | 68 | 28 | 41.2% |
| G1M | Quebec City North Central | Quebec City | 141 | 100 | 41 | 41.0% |
| G4X | Gaspe | Gaspe | 62 | 44 | 18 | 40.9% |
| J6K | Chateauguay South | Chateauguay | 70 | 50 | 20 | 40.0% |
| H1W | Hochelaga | Hochelaga | 127 | 91 | 36 | 39.6% |
| FSA | FSA_Place_Name | City | 12.mos.to.Mar2023 | 12.mos.to.Mar2022 | Change | Percent Change |
|---|---|---|---|---|---|---|
| G7J | Chicoutimi West | Chicoutimi | 53 | 79 | -26 | -32.9% |
| H2L | Centre-Sud South | Montreal | 51 | 68 | -17 | -25.0% |
| G7S | Jonquiere Northeast | Jonquiere | 38 | 50 | -12 | -24.0% |
| J9P | Val-d’Or | Val-d’Or | 116 | 151 | -35 | -23.2% |
| J4V | Greenfield Park | Greenfield Park | 47 | 59 | -12 | -20.3% |
| J2K | Cowansville | Cowansville | 59 | 73 | -14 | -19.2% |
| J3E | Sainte-Julie | Sainte-Julie | 33 | 40 | -7 | -17.5% |
| H7W | Chomedey South | Chomedey | 111 | 133 | -22 | -16.5% |
| H7T | Chomedey Northwest | Chomedey | 67 | 80 | -13 | -16.2% |
| H4W | Cote-Saint-Luc West | Cote-Saint-Luc | 41 | 48 | -7 | -14.6% |
| J2W | Saint-Luc | Saint-Luc | 65 | 76 | -11 | -14.5% |
| J5K | Saint-Colomban | Saint-Colomban | 40 | 46 | -6 | -13.0% |
| J8Z | Hull North | Hull | 47 | 54 | -7 | -13.0% |
| G1P | Quebec City West | Quebec City | 55 | 63 | -8 | -12.7% |
| G5L | Rimouski Central | Rimouski | 96 | 110 | -14 | -12.7% |
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