MB Consumer Insolvency Trends
Ken Rowan
January 5, 2024
Full site: debtsgo.ca
Data to November
2023. For data source see notes following.
Manitoba
Monthly Filings
Consumer insolvencies in November 2023 were up 10.8% from October and 33.3% year-over-year.
Consumer Proposals
November 2023 CPs represented 75.1% of all consumer insolvencies.
File Growth
Cities
Most Active
10-Year Monthly Highs and Lows
New Highs
New Lows - none
Monthly Growth
Yearly Growth
Forward Sortation Areas
Most Actives
| FSA | FSA.Place.Name | City | Nov2023 | Mean | Nov2023.over.Mean |
|---|---|---|---|---|---|
| R2V | Winnipeg (Seven Oaks East) | Winnipeg | 23 | 8.5 | 270.1% |
| R2M | Winnipeg (St. Vital North) | Winnipeg | 15 | 7.0 | 214.0% |
| R2P | Winnipeg (Seven Oaks West) | Winnipeg | 15 | 5.9 | 255.3% |
| R2R | Winnipeg (Inkster West) | Winnipeg | 15 | 4.5 | 332.7% |
| R2X | Winnipeg (Point Douglas West / Inkster East) | Winnipeg | 14 | 6.0 | 231.7% |
| R2G | Winnipeg (River East North) | Winnipeg | 13 | 6.4 | 202.9% |
| R7B | Brandon Southwest | Brandon | 12 | 4.6 | 261.8% |
| R2H | Winnipeg (St. Boniface NW) | Winnipeg | 11 | 3.5 | 314.3% |
| R0C | North Interlake (Stonewall) | Rural Area | 10 | 6.3 | 159.8% |
| R7A | Brandon Southeast | Brandon | 10 | 8.6 | 115.8% |
Top % Annual Gainers
| FSA | FSA_Place_Name | City | 12.mos.to.Nov2023 | YOY Change | YOY Pct Chg |
|---|---|---|---|---|---|
| R2V | Winnipeg (Seven Oaks East) | Winnipeg | 175 | 84 | 92.3% |
| R0A | Southeastern Manitoba (Lorette) | Rural Area | 105 | 41 | 64.1% |
| R2X | Winnipeg (Point Douglas West / Inkster East) | Winnipeg | 101 | 37 | 57.8% |
| R2C | Winnipeg (Transcona) | Winnipeg | 108 | 27 | 33.3% |
| R3J | Winnipeg (St. James-Assiniboia SE) | Winnipeg | 105 | 24 | 29.6% |
Lowest % Annual Gainers
| FSA | FSA_Place_Name | City | 12.mos.to.Nov2023 | YOY Change | YOY Pct Chg |
|---|---|---|---|---|---|
| R0C | North Interlake (Stonewall) | Rural Area | 82 | -5 | -5.7% |
| R2G | Winnipeg (River East North) | Winnipeg | 94 | 10 | 11.9% |
| R2K | Winnipeg (River East Central) | Winnipeg | 111 | 15 | 15.6% |
| R2M | Winnipeg (St. Vital North) | Winnipeg | 102 | 16 | 18.6% |
| R2W | Winnipeg (Point Douglas East) | Winnipeg | 143 | 28 | 24.3% |
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