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.
Mortgage 101
June 16, 2022
At the time of writing, the sale price of the average home in Canada is over $800,000 and well over $1 million in major urban centres like Toronto and Vancouver. Let’s face it, if you have made the decision...
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Spring Cleaning your Finances
April 25, 2022
As the weather improves, so does our motivation to spring clean our homes and gardens. But what about your finances? Here are five ways to spring clean your finances:
Take Inventory
* Pull your...
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Tax Planning and Saving Tips to Deal with Income Tax Debt
March 2, 2022
We’ve all heard that “nothing is certain except death and taxes.” While death cannot be avoided, living a healthy life can certainly put off the inevitable for as long as possible. The same is...
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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: Q1 2022 Canadian Insolvency Statistics
May 18, 2022
TORONTO – May 12, 2022 – Business insolvency filings in Canada rose 33.8 per cent in the first quarter of 2022 compared to the same quarter last year, the highest year-over-year increase in 31 years,...
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CAIRP: Q4 Canadian Insolvency Statistics
February 10, 2022
TORONTO – February 4, 2022 – The number of Canadian business insolvencies jumped 36.8 per cent in the fourth quarter. It was the largest rate of increase in 35 years of records tracked by the Office...
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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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