Welcome to the official blog of the Canadian Association of Insolvency and Restructuring Professionals! We hope you will enjoy insightful and informative posts by our team of expert bloggers on a wide range of topics, including individual, small business and corporate insolvencies, budgeting, financial planning, credit rebuilding and other money management tips for anyone looking to live a debt free life.
Mastering Winter Holiday Spending
December 20, 2021
While it can be the most wonderful time of the year, it can also be the most expensive. As a Licensed Insolvency Trustee working in the insolvency space for twenty-five years, I’ve seen my fair share...
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Budgeting: The Key to Financial Success
November 11, 2021
The thought of budgeting may feel difficult and add additional stress but if you break it down into sections it is not as daunting as one may think. No matter what your financial situation is, budgeting...
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The Importance of Financial Literacy
September 29, 2021
What is financial literacy anyway? It is an understanding of concepts including saving, investing and debt that leads to an overall sense of financial well-being. With knowledge you set yourself up to...
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Find out the latest news from CAIRP on the insolvency and restructuring industry. A full list of press releases from recent years is available in this section.
To be added to CAIRP's press release distribution list, please contact CAIRP’s Public Relations Manager, Angela Joyce at aj@whiterabbitcommunications.com.
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CAIRP: Q3 2021 Canadian Insolvency Statistics
November 10, 2021
TORONTO – November 10, 2021 – The number of Canadian businesses that commenced bankruptcy or restructuring proceedings reached a new record-low in the third quarter. 536 businesses went through formal...
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CAIRP: July 2021 Canadian Insolvency Statistics
September 3, 2021
TORONTO – September 1, 2021 – While the fourth wave of the pandemic is prolonging financial uncertainty for many Canadians, the latest insolvency data from the Office of the Superintendent of Bankruptcy...
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CAIRP: Q2 2021 Canadian Insolvency Statistics
August 16, 2021
TORONTO, ON – August 16, 2021 – Despite the continued financial impact seen during the height of the pandemic, the number of Canadian businesses filing insolvency remains near an all-time low. Compared...
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