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.
Tax Debts in Bankruptcy
July 7, 2021
For one reason or another, most people who come to see me for advice seem to believe that tax debt will not be included in a bankruptcy. When I ask them why they have this preconception, most people simply say, that is what I was told.
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Money Management: Financial Literacy Lessons for Kids at Every Age
March 26, 2021
Teaching children about money can seem like a daunting task, especially if it’s not a skillset you have necessarily perfected yourself! But breaking down the core concepts of money and finances into
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Take Care of Yourself, Take Care of Your Money
March 24, 2021
Financial wellness can be part of an overall health wellness program. The Financial Consumer Agency of Canada stated that “mental, physical and financial wellness are three pillars of good health”
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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: March 2021 & Q1 2021 Canadian Insolvency Statistics
May 13, 2021
Q1 business bankruptcies at all time quarterly low
TORONTO, ON – May 6, 2021 – The total number of consumer insolvencies filed in Canada increased by 22.8 per cent in March compared to February,...
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CAIRP: 2020 Canadian Insolvency Statistics
February 8, 2021
Government support measures, absence of typical insolvency triggers and delayed filings push insolvencies to lowest level since 1999
TORONTO, ON – February 5, 2021 – Canadian insolvency filings...
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CAIRP: October 2020 Canadian Insolvency Statistics
December 3, 2020
Stay-at-home measures put personal finances on lockdown, accumulation of arrears present challenge ahead for indebted Canadians
TORONTO, ON – December 3, 2020 – Insolvency numbers remained sharply...
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