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.
| City | 12.mos.to.Mar2023 | 12.mos.to.Mar2022 | Change | Percent Change |
|---|---|---|---|---|
| Riverview | 94 | 74 | 20 | 27.0% |
| Fredericton | 328 | 278 | 50 | 18.0% |
| Moncton | 481 | 421 | 60 | 14.3% |
| Saint John | 406 | 370 | 36 | 9.7% |
| Miramichi | 106 | 100 | 6 | 6.0% |
The most active FSAs in the current month and their mean monthly filings since 2013.
| FSA | FSA.Place.Name | City | March2023 | Mean | March2023.over.Mean |
|---|---|---|---|---|---|
| E3B | Fredericton South New Brunswick Provincial Government | Fredericton | 21 | 14 | 148.4% |
| E3A | Fredericton North | Fredericton | 17 | 12 | 135.0% |
| E1A | Dieppe Moncton East | Moncton | 15 | 20 | 71.6% |
| E2J | Saint John East | Saint John | 15 | 10 | 143.1% |
| E1B | Riverview | Riverview | 11 | 10 | 105.0% |
| E1C | Moncton Central | Moncton | 11 | 13 | 79.2% |
| E1V | Miramichi North | Miramichi | 10 | 6 | 160.6% |
| E2A | Bathurst | Bathurst | 10 | 7 | 125.9% |
| E1G | Moncton Northwest | Moncton | 9 | 9 | 98.8% |
| E1X | Tracadie-Sheila | Tracadie-Sheila | 7 | 6 | 107.5% |
| E2K | Saint John North | Saint John | 7 | 8 | 82.4% |
| E2M | Saint John West | Saint John | 7 | 9 | 71.1% |
| E3V | Edmundston | Edmundston | 7 | 5 | 133.1% |
| E1E | Moncton West | Moncton | 6 | 5 | 100.7% |
| E1N | Miramichi South | Miramichi | 6 | 5 | 112.8% |
| E2H | Saint John Northeast | Saint John | 6 | 2 | 297.6% |
| E4P | Shediac | Shediac | 6 | 6 | 86.9% |
| E2S | Saint John Loch Lomond | Saint John | 5 | 3 | 149.6% |
| E2V | Oromocto | Oromocto | 5 | 7 | 68.3% |
| E3L | St. Stephen | St. Stephen | 5 | 3 | 136.1% |
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 growth.
| FSA | FSA_Place_Name | City | 12.mos.to.Mar2023 | 12.mos.to.Mar2022 | Change | Percent Change |
|---|---|---|---|---|---|---|
| E2E | Rothesay | Rothesay | 48 | 32 | 16 | 50.0% |
| E1B | Riverview | Riverview | 94 | 74 | 20 | 27.0% |
| E3A | Fredericton North | Fredericton | 118 | 96 | 22 | 22.9% |
| E1X | Tracadie-Sheila | Tracadie-Sheila | 80 | 66 | 14 | 21.2% |
| E1A | Dieppe Moncton East | Moncton | 207 | 177 | 30 | 16.9% |
| E2M | Saint John West | Saint John | 87 | 76 | 11 | 14.5% |
| E1C | Moncton Central | Moncton | 136 | 121 | 15 | 12.4% |
| E1G | Moncton Northwest | Moncton | 82 | 73 | 9 | 12.3% |
| E3B | Fredericton South New Brunswick Provincial Government | Fredericton | 144 | 129 | 15 | 11.6% |
| E2J | Saint John East | Saint John | 116 | 108 | 8 | 7.4% |
| E1V | Miramichi North | Miramichi | 59 | 55 | 4 | 7.3% |
| E2A | Bathurst | Bathurst | 78 | 75 | 3 | 4.0% |
| E4P | Shediac | Shediac | 54 | 55 | -1 | -1.8% |
| E2K | Saint John North | Saint John | 88 | 93 | -5 | -5.4% |
| E2V | Oromocto | Oromocto | 58 | 66 | -8 | -12.1% |
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.
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