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.

Insolvency in Canada’s Northern Territories September 20, 2022
In the North, everything is different – and insolvency is no exception.
Cases we are following
In Case You Missed It: Decisions on Our Radar September 20, 2022
The financial restructuring group at Davies Ward Phillips & Vineberg LLP is tracking the following appeals.
CAIRP Chair’s Reflections
Chair’s Reflections September 20, 2022
Jean-Daniel Breton, CPA, FCIRP, LIT It is hard to believe that it has been almost a year since I assumed the role of CAIRP Chair. Since my last message, change has been the only constant, as our industry...
Economic Commentary
Ukraine War: Impact on the Canadian Economy September 20, 2022
By Jim Algie Ukraine war shocks add to a growing list of social, economic and geopolitical factors to boost global, business uncertainty and trigger rising expectations for Canadian insolvency rates....
Enterprise Growth, Business Insolvency and Managerial Competence September 20, 2022
By Dr. Benoit Mario Papillon, Professor, Dept. of Finance and Economics, Business School, University of Quebec -- Growth and insolvency: a surprising correlation -- As the saying goes, you have to have...
Academic Perspective
Family Law Costs Awards in Insolvency Proceedings March 7, 2022
By Anna Lund, Associate Prof., Faculty of Law, University of Alberta and Breanna Case, BA (hons), MA, JD Candidate 2022, University of Alberta Individuals starting insolvency proceedings commonly report...
Consumer Insolvency
Credit Reporting Errors – The Role of the LIT September 20, 2022
By Chelene Riendeau, CIRP, LIT, Vice President, Consumer Insolvency, MNP Ltd. You’ve issued the debtor a Certificate of Discharge or a Certificate of Full Performance and have sent them off, free from...
Corporate Insolvency
Which bells and whistles? Procedural creativity in resolving disputed claims September 20, 2022
By Mary Paterson, Emily Paplawski, and Mary Angela Rowe, Osler, Hoskin & Harcourt LLP In the insolvency context, claims disputes are typically resolved through a summary process rather than through a...
Mahesh Uttamchandani: Taking Canadian Insolvency Know-How to the World September 3, 2021
By Andrew Flynn With the poise and confidence one might expect from a big wheel on the world financial stage, Mahesh Uttamchandani expounds on global financial issues with authority from his home in...
Book Review
An Overview of “Reinventing Bankruptcy Law”: A History of the Companies’ Creditors Arrangement Act September 3, 2021
Virginia Torrie, Associate Professor, University of Manitoba, Faculty of Law
Historical Perspective
One Hundred Years of Bankruptcy and Insolvency Law in Canada February 24, 2022
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...
Rebuilding Success Magazine

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.

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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.

Change Your Financial Habits in the Year of the Rabbit

Rita Anderson, CIRP, LIT January 24, 2023 Want to feel lucky with your money but do not want to buy lotto tickets? It’s the Year of the Rabbit, the luckiest of all animals in the Chinese culture. If you want 2023 to be a year with luck, you...

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Holiday Saving Tips

Pamela Meger, CIRP, LIT December 8, 2022 The Holiday season should be a happy time of year for all to enjoy spending time with their loved ones. Unfortunately, it can also be a stressful time of year due to the financial pressures of multiple...

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Top 5 Financial Pitfalls for Seniors and Advice on How to Avoid Them

Colleen Craig, CPA, CA, FCIRP, LIT November 21, 2022 Increasingly seniors make up a greater percentage of debtors who find themselves in financial straights and in need of assistance from a Licensed Insolvency Trustee.  These are the Top 5 financial pitfalls...

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CAIRP: Consumer Insolvencies in Canada up 9.5% in the Last 12 Months January 5, 2023
TORONTO – January 5, 2023 – Consumer insolvency filings in Canada have increased 9.5% over the last 12 months, according to the latest statistics released by the Office of the Superintendent of Bankruptcy,...
CAIRP: Q3 Canadian Insolvency Statistics November 9, 2022
Consumer Alert: Beware of unregulated, unlicensed debt advisors that claim to be authorized to assist with insolvency options. Those facing personal financial challenges are urged to get debt help from government-regulated, licensed professionals to avoid paying for unnecessary services or fees.
Need help with your debt? Ask questions and shop around to avoid paying unnecessary fees. November 9, 2022
TORONTO – November 9, 2022 – As part of Financial Literacy Month 2022, the Office of the Superintendent of Bankruptcy (OSB) and the Canadian Association of Insolvency and Restructuring Professionals...
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