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.
November 20, 2023 Bad debt can lead to unescapable interest costs, damaged credit, and failed financial goals. With most Canadians carrying some sort of debt, how can you tell which type of debt is good or bad? The answer...Learn More
November 16, 2023 Debt can be a formidable adversary on the road to financial freedom. Whether it's student loans, credit card balances, or a mortgage, most of us have some form of debt in our lives. While it's not necessarily...Learn More
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...Learn More