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Debt Collection Agencies in Nova Scotia

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NS56144CA

Debt Collection Agencies in Nova Scotia industry analysis

Revenue for the Debt Collection Agencies industry in Nova Scotia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to stagnate x% to x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Debt Collection Agencies in Nova Scotia Market Research Report

What’s Included in the Debt Collection Agencies in Nova Scotia Market Research Report

Definition of the Debt Collection Agencies in Nova Scotia?

The Debt Collection Agencies industry in Canada pursues payments on debts owed by individuals and businesses. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. Other agencies purchase debt portfolios from creditors at deep discounts and then pursue outstanding balances for their own gain.

What’s included in the Debt Collection Agencies in Nova Scotia?

The Debt Collection Agencies in Nova Scotia includes consumer mortgage debt collection, consumer credit debt collection, commercial debt collection and non-mortgage loan debt collection. Related terms covered in the Debt Collection Agencies in Nova Scotia industry report includes the search for a consumer's contact information through consumer databases, telephone directories, credit agency reports and other records, equal to the sum of the number of bankruptcies and proposals, an offer to creditors to settle debts under conditions alternative to the current terms and the outsourcing of specific business functions to third-party providers, including debt collection agencies.

Industry Performance of the Debt Collection Agencies industry in Nova Scotia

Benchmark the Debt Collection Agencies in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.

Debt Collection Agencies in Nova Scotia

#7 in Highest Revenue 1.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Debt Collection Agencies in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Debt Collection Agencies industry in Nova Scotia

See how key industry drivers, such as population, net migration, private investment in residential construction, aggregate household debt, per capita disposable income and consumer confidence index are impacting Debt Collection Agencies in Nova Scotia

Nova Scotia Economic Indicators

Population
Net Migration
Private Investment in Residential Construction

View more economic information in NS State Economic profile

Canada Key External Drivers

Aggregate household debt
Per capita disposable income
Consumer confidence index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Debt Collection Agencies industry in Nova Scotia

Access proprietary data on Census Metropolitan Area in the Debt Collection Agencies in Nova Scotia, such as Halifax, Kentville and Truro. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Debt Collection Agencies industry in Nova Scotia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Debt Collection Agencies industry in Nova Scotia in 2025?

The market size of the Debt Collection Agencies industry in Nova Scotia is $8.7m in 2025.

How many businesses are there in the Debt Collection Agencies industry in Nova Scotia in 2025?

There are 4 businesses in the Debt Collection Agencies industry in Nova Scotia, which has been declining at an average annual rate of -12.9% from 2020 to 2025.

Has the Debt Collection Agencies industry in Nova Scotia grown or declined over the past 5 years?

The market size of the Debt Collection Agencies industry in Nova Scotia has been declining at an average annual rate of -11.3% from 2020 to 2025.

How many employees in the Debt Collection Agencies industry in Nova Scotia in 2025?

There are 154 employees in the Debt Collection Agencies industry in Nova Scotia, which has been declining at an average annual rate of -19.2% from 2020 to 2025.