What is a CIRP?

Chartered Insolvency and Restructuring Professional

The CIRP certification mark is the recognizable symbol of integrity, education and professionalism of the insolvency and restructuring profession.

Rebuilding Success

Professional specialization is becoming more and more important to the public and to other professions. Members of the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) are recognized as “specialists,” not only in bankruptcy/proposal and traditional insolvency work but also in the area of turnaround and restructuring initiatives. They are recognized as Chartered Insolvency and Restructuring Professionals (CIRP).

CIRP is the pre-eminent certification mark used by Licensed Insolvency Trustees who are members of CAIRP. 

CIRPs agree to abide by the highest standards of the profession: CAIRP’s Code of Ethics, Rules of Professional Conduct, and Bylaws and Standards of Professional Practice. They must also apply the rules and regulations of the Bankruptcy and Insolvency Act (and the Companies’ Creditors Arrangement Act) and are therefore the best choice for providing restructuring solutions for financial problems and helping to rebuild success.

The CIRP certification mark is currently held by more than 950 professionals in Canada. Not all CIRPs are trustees, but it is fair to say that 95% of practising trustees are CIRPs and CAIRP encourages its members to promote their services and professional qualifications by using this certification mark.