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Feature
Recession, inflation, and interest rates, oh my!
February 6, 2023
Is a “perfect storm” of economic factors setting the stage for a big spike in insolvencies in the next few years?
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Cases we are following
In Case You Missed It: Decisions on Our Radar
February 23, 2023
by Natasha MacParland, Partner, Davies Ward Phillips & Vineberg LLP
The financial restructuring group at Davies Ward Phillips & Vineberg LLP is tracking the following appeals. We have briefly described...
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CAIRP Chair's Reflections
Chair’s Message: Rebuilding Success
February 21, 2023
As I reflect on the last few months this fall and winter, I have to admit it has been hectic, a beehive of activity.
In this Chair’s message, I want to focus on a few of the items that have kept us...
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Economic Commentary
Life After Covid: Even More Volatility Ahead
February 6, 2023
Stephen Poloz, Special Advisor with Osler, Hoskin, and Harcourt, and Author of “The Next Age of Uncertainty”
The Canadian economy was in excellent shape when the pandemic struck in early 2020. Inflation...
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Opinion
The Tug-of War for Control: Considerations to Succeed between Dueling CCAA and Receivership Applications
February 6, 2023
Shaun Parsons, Associate, Reconstruct LLP
Sponsored Content
The commencement of contentious insolvency proceedings can slip into a tug-of-war for control of the process between the debtor entity and...
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Academic Perspective
The impact of COVID-19 on the bankruptcy and insolvency system in Quebec on MSMEs
February 6, 2023
Full Professor Aurore Benadiba, LL.D., Université Laval
The COVID-19 pandemic has had significant economic and social impact on many micro, small and medium-sized enterprises (MSMEs) in Quebec and across...
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Corporate Insolvency
Dealing with Intellectual Property during Bankruptcy and Insolvency
February 6, 2023
By Ian McMillan, Paul Blizzard, and Leanne Young, Bereskin & Parr LLP
Intellectual property (IP) plays a central role in the innovation economy. IP rights help foster innovation by providing inventors...
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Corporate Insolvency
Sharing the Burden: The Limits of Relief from Forfeiture of Commercial Leases
February 6, 2023
Matilda Lici
The emergence of COVID-19, and the ensuing government mandates and public health measures, threw a wrench in commercial relationships. The retail sales sector was dramatically affected,...
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CAIRP Awards
Recognizing the Extraordinarily Exceptional!
February 6, 2023
By Donna Collins, FCIRP (ret.)
In any given year, a high percentage of CAIRP’s members volunteer their time and expertise in some capacity. These volunteers have discovered the secret of volunteerism...
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Book Review
An Overview of “Reinventing Bankruptcy Law”: A History of the Companies’ Creditors Arrangement Act
February 6, 2023
Virginia Torrie, Associate Professor, University of Manitoba, Faculty of Law
The Companies’ Creditors Arrangement Act (CCAA) has been on Canada’s statute books for almost 90 years. In the last four...
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Historical Perspective
One Hundred Years of Bankruptcy and Insolvency Law in Canada
February 6, 2023
July 1, 2020 marked the centenary of Canada’s foundational bankruptcy statute. Parliament passed the Bankruptcy Act in 1919 and it came into force the following year. The 100th anniversary of this statute...
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Rebuilding Success Magazine
Rebuilding Success is a must-read magazine for current and future insolvency and restructuring professionals, and stakeholders within the industry. Read the latest digital issue and browse the magazine archives.
Read the issuesWelcome 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.
What to keep in mind when refinancing your home
May 24, 2023
According to the Canadian Bankers Association, in December 2020 Canadian homeowners had an average home equity of 73% of the home’s value. I suspect this statistic is largely attributed to mature homeowners...
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Impact of Inflation and Recession on Debt Repayment
May 5, 2023
Inflation is a sustained increase in the general level of prices for goods and services in an economy over a period of time. It means that the purchasing power of money decreases as the cost of goods and...
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Protect yourself from financial scams
March 22, 2023
Financial scams can happen to anyone, regardless of their age, income, or level of education. These scams are designed to trick people out of their hard-earned money, often leaving victims in a difficult...
Learn More
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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.
For media enquiries, please contact Angela Joyce, Managing Director, White Rabbit Communications at aj@whiterabbitcommunications.com.
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CAIRP: Q1 2023 Canadian Insolvency Statistics
May 10, 2023
More than 29,700 people became insolvent in the first three months of 2023 – an average of 330 people each day
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CAIRP: January 2023 Canadian Insolvency Statistics
March 1, 2023
TORONTO – March 1, 2023 – Consumer insolvencies in Canada spiked in the first month of 2023, increasing 33.0% on a year-over-year basis. Compared to the previous month, consumer insolvency filings...
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CAIRP: Annual & Quarterly Canadian Consumer Insolvency Statistics
February 9, 2023
TORONTO – February 9, 2023 – The latest Canadian insolvency statistics from the Office of the Superintendent of Bankruptcy show the number of consumer insolvencies filings in 2022 jumped 11.2%, with...
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