CIRP Qualification Program (CQP)

The Chartered Insolvency and Restructuring Professional Qualification Program or CIRP Qualification Program (CQP) is the official qualification process for individuals seeking to become a Chartered Insolvency and Restructuring Professional (CIRP). Additionally, this is the path to become a Licensed Insolvency Trustee.

Under the terms of a Memorandum of Understanding (MOU) between CAIRP and the OSB, CAIRP assumes sole responsibility for the creation, delivery and maintenance of the education program required to become a CIRP, Licensed Insolvency Trustee and qualified insolvency counsellor. The program is named the "CIRP Qualification Program, or CQP".

The CQP is designed to develop, in conjunction with work experience in the field, the knowledge, skills and abilities or competencies candidates require to become CIRPs and eventually LITs.

If you are interested in a career as an insolvency and restructuring professional, CAIRP offers the CIRP Qualification Program (CQP) that leads to CAIRP’s professional designation, Chartered Insolvency and Restructuring Professional (CIRP) and the Office of the Superintendent of Bankruptcy’s license to practice as a Licensed Insolvency Trustee (LIT).

An applicant that does not meet the requirements above may be considered for admission at the sole discretion of the CQP Committee, upon demonstration, through a combination of sponsor support, relevant insolvency work experience and educational background, that the candidate may likely be successful in the program.

Applicants who want to enquire whether or not they meet the requirements may contact the Registrar at ().

For more information on the CQP, please consult the CQP Program information.

* All CQP candidates may complete the Introduction to Insolvency Course before they choose a sponsor. However, all candidates are strongly encouraged to have a sponsor as soon as they start the Program so as to optimize their chance of success. At all times during the remainder of the Program, candidates must have a sponsor to direct their studies, mark assignments, act as mentor, and attest to their readiness to be examined.

Disclaimer of Liability

The CQP reserves the right to amend course information, prices, and any other information on this website. In any instance of discrepancy between information on this website and other information provided by the CQP, the most recent information, as stipulated by the CQP Registrar, shall take precedence.

In all instances, it is the responsibility of applicants and candidates to ensure they have requested and obtained accurate information about the CQP and the steps to become a CIRP and/or a licensed Insolvency Trustee. In no instance will the CQP be liable for any expenses, potential losses, or unrealized revenue that might be portrayed as having occurred either as a result of the refusal of the CQP to admit an applicant into the Program or from any failure of a candidate to become a CIRP and/or a Licensed Insolvency Trustee.