Canadian Association of Insolvency and Restructuring Professionals

Industry Views & News

CAIRP offers a wide range of publications, news and expert views on everything related to the insolvency and restructuring industry in Canada.

Helpful articles and insights

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

Craig Fryzuk, CIRP, LIT 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

Pamela Meger, CIRP, LIT 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

Collin LeGall, CIRP, LIT 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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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...
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...
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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