SK Consumer Insolvency Trends
Ken Rowan
January 5, 2024
Full site: debtsgo.ca
Data to
November 2023 For data source see notes following.
Saskatchewan
Monthly Filings
Consumer insolvencies in November 2023 were down 4.0% from October and up 19.3% year-over-year.
Consumer Proposals
CPs in November 2023 represented 85.2% of all SK consumer insolvencies.
File Growth
Cities
Most Active
10-Year Monthly Highs and Lows
New Highs - none
New Lows - none
Monthly Growth
Yearly Growth
Forward Sortation Areas
Most Actives
| FSA | FSA.Place.Name | City | Nov2023 | Mean | Nov2023.over.Mean |
|---|---|---|---|---|---|
| S7L | Saskatoon West | Saskatoon | 26 | 14.4 | 180.0% |
| S0K | Central Saskatchewan (Humboldt) | Rural Area | 21 | 17.4 | 120.3% |
| S6V | Prince Albert Central | Prince Albert | 17 | 12.1 | 140.6% |
| S4R | Regina North Central | Regina | 16 | 11.9 | 134.3% |
| S0G | South Central Saskatchewan (Fort Qu’Appelle) | Rural Area | 15 | 11.7 | 128.6% |
| S4N | Regina Northeast and East Central | Regina | 14 | 9.5 | 146.9% |
| S4T | Regina West | Regina | 14 | 11.4 | 123.3% |
| S7M | Saskatoon Southwest | Saskatoon | 14 | 10.2 | 137.0% |
| S0M | Northwestern Saskatchewan (Battleford) | Rural Area | 13 | 7.8 | 166.1% |
| S4V | Regina Southeast | Regina | 12 | 4.4 | 274.8% |
Top % Annual Gainers
| FSA | FSA_Place_Name | City | 12.mos.to.Nov2023 | YOY Change | YOY Pct Chg |
|---|---|---|---|---|---|
| S7L | Saskatoon West | Saskatoon | 239 | 81 | 51.3% |
| S4X | Regina Northwest | Regina | 106 | 32 | 43.2% |
| S4T | Regina West | Regina | 194 | 58 | 42.6% |
| S6H | Moose Jaw Southeast | Moose Jaw | 140 | 40 | 40.0% |
| S6V | Prince Albert Central | Prince Albert | 186 | 36 | 24.0% |
| S7M | Saskatoon Southwest | Saskatoon | 164 | 31 | 23.3% |
| S0J | Northern Saskatchewan (La Ronge) | Rural Area | 113 | 20 | 21.5% |
| S4S | Regina South Saskatchewan Provincial Government | Regina | 86 | 15 | 21.1% |
| S0M | Northwestern Saskatchewan (Battleford) | Rural Area | 138 | 20 | 16.9% |
| S0K | Central Saskatchewan (Humboldt) | Rural Area | 240 | 33 | 15.9% |
Lowest % Annual Gainers
| FSA | FSA_Place_Name | City | 12.mos.to.Nov2023 | YOY Change | YOY Pct Chg |
|---|---|---|---|---|---|
| S7H | Saskatoon East Central | Saskatoon | 85 | -7 | -7.6% |
| S0A | Yorkton Region (Melville) | Rural Area | 113 | -7 | -5.8% |
| S0G | South Central Saskatchewan (Fort Qu’Appelle) | Rural Area | 151 | -8 | -5.0% |
| S4R | Regina North Central | Regina | 180 | 8 | 4.7% |
| S7J | Saskatoon South Central | Saskatoon | 84 | 5 | 6.3% |
Notes
FSA and Forward Sortation Area are protected terms for the benefit of Canada Post Corporation.
Data source: The Office of the Superintendent of Bankruptcy (“OSB”), Innovation, Science and Economic Development Canada, data sets 2013 to November 2023, https://open.canada.ca/ , debtsgo.ca
Consumer bankruptcies and consumer proposals are as defined by the BIA and the OSB. For definitions, see https://open.canada.ca/
Ken Rowan is a retired Licensed Insolvency Trustee and a retired CPA-CA, CA.
Questions or Comments? Email debtsgo.ca