Industry Views & NewsMedia Releases

Media Releases

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.

For media enquiries, please contact Angela Joyce, Managing Director, White Rabbit Communications at aj@whiterabbitcommunications.com.

	CAIRP: Q1 2023 Canadian Insolvency Statistics May 10, 2023 More than 29,700 people became insolvent in the first three months of 2023 – an average of 330 people each day
	CAIRP: January 2023 Canadian Insolvency Statistics March 1, 2023 TORONTO – March 1, 2023 – Consumer insolvencies in Canada spiked in the first month of 2023, increasing 33.0% on a year-over-year basis. Compared to the previous month, consumer insolvency filings...
	CAIRP: Annual & Quarterly Canadian Consumer Insolvency Statistics February 9, 2023 TORONTO – February 9, 2023 – The latest Canadian insolvency statistics from the Office of the Superintendent of Bankruptcy show the number of consumer insolvencies filings in 2022 jumped 11.2%, with...
	CAIRP: Annual & Quarterly Canadian Business Insolvency Statistics February 9, 2023 TORONTO – February 9, 2023 – Business insolvencies in 2022 surged by 37.2% in 2022, the largest year-over-year percentage increase in over 30 years, according to the Canadian Association of Insolvency...
	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...
	CAIRP: Q2 2022 Canadian Insolvency Statistics August 5, 2022 TORONTO – August 5, 2022 – The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) says the financial consequences of the pandemic, the economic volatility fueled by this year’s...
	CAIRP: Q1 2022 Canadian Insolvency Statistics May 12, 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,...
	CAIRP: Q4 Canadian Insolvency Statistics February 4, 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...