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Feature
The year ahead: extreme turbulence with a chance of hurricanes
March 14, 2025
It was a kind of pick-your-own-adventure approach to economic prognostication.
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Cases we are Following
In Case You Missed It: Decisions on Our Radar
March 14, 2025
The financial restructuring and litigation groups at Davies Ward Phillips & Vineberg LLP are tracking the following cases. We have briefly described issues and updates for each case relevant to the CAIRP membership. Unless otherwise noted, the information in the chart is current to February 4, 2024—more recent developments in each case are not reflected.
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CAIRP Chair's Reflections
Chair’s Message: Rebuilding Success
March 14, 2025
The theme of this issue of Rebuilding Success, extreme turbulence with a chance of hurricanes, sums up the start of 2025. Particularly given the challenging economic times ahead brought on by global instability...
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In Depth
The Challenge of Asset Sales for LITs
March 14, 2025
By Lynn Greiner
Over the past decade, many LITs have found that traditional restructuring options such as negotiating with creditors and filing proposals or plans of compromise are increasingly no longer...
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Legal Commentary
No Laughing Matter: Courts Deliver Punchline on WEPPA in the Just for Laughs Case
March 14, 2025
By Marc-André Morin, Partner and Éliane Dupéré-Tremblay, Associate, Fasken
-- Overview: --
Recent court decisions in Québec have provided clarity on the application of the Wage Earner Protection...
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Analysis
Legal Frameworks Protecting Canadian Farmers in Cases of Insolvency
March 14, 2025
By Dr. Virginia Torrie, JD, LLM, PhD, ICD.D
Canadian farms face various economic pressures from fluctuating commodity prices, rising operational costs, and the impacts of climate change. In recent years,...
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Economic Commentary
Global Outlook 2025: Just Tariffic
March 14, 2025
By Douglas Porter, CFA, Chief Economist and Managing Director, BMO Financial Group
In the opening months of 2025, economic forecasters are dealing with a serious bout of cognitive dissonance—we keep...
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Tech Buzz
Practical AI for Bankruptcy Firms: Real-World Applications and Key Considerations
March 14, 2025
By Michael Turcsanyi, CEO, TruPoint
Sponsored Content
-- Introduction --
Artificial Intelligence (AI) is rapidly transforming business operations across industries, and bankruptcy firms are no exception....
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Ethics
Exploring the Intersection of Fraud and Good Faith in Canadian Insolvency
March 14, 2025
By Rachid Benmokrane, Partner and Valerie Di Lena, Associate, Gowling WLG
In the world of insolvency, where financial distress may cloud judgment and behavior, the duty of good faith is paramount and...
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CAIRP Awards
Celebrating the Remarkably Outstanding
March 14, 2025
By Donna Collins, FCIRP (ret.)
In any given year, a high percentage of CAIRP’s members volunteer their time and expertise in some capacity. These volunteers have discovered the secret of volunteerism: You...
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Book Review
An Overview of “Reinventing Bankruptcy Law”: A History of the Companies’ Creditors Arrangement Act
March 14, 2025
Virginia Torrie, Associate Professor, University of Manitoba, Faculty of Law
The Companies’ Creditors Arrangement Act (CCAA) has been on Canada’s statute books for almost 90 years. In the last four...
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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.
Read the issuesWelcome 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.
How to resolve and avoid tax debt
March 17, 2025
Owing income tax debt to Canada Revenue Agency (CRA) can make one uneasy. An unexpected tax bill can strain your finances and feel overwhelming to manage before the CRA’s payment deadline. Dealing with...
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Breaking Up with Bad Money Habits: A Love Letter to Your Future Self
February 14, 2025
As we leave January behind and approach Valentines Day and Family Day, I thought it might be nice to focus on one of the most important relationships in our life - the relationship with money. This blog...
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LIT Facts vs. Myths
January 23, 2025
As a Licensed Insolvency Trustee (LIT), a significant part of my initial consultation time with consumer debtors involves dispelling a number of myths, so I thought it might be a good idea to set the record...
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Find out the latest news from CAIRP on the insolvency and restructuring industry. Press releases from recent years are available in this section.
For media enquiries, please contact Angela Joyce, Media Relations, at aj@whiterabbitpr.com.
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January 2025 Canadian Insolvency Statistics
February 28, 2025
TORONTO – February 28, 2025 – The first Canadian insolvency statistics of 2025 show a 20.5% increase in consumer insolvency filings in January compared to the previous month, according to the Office...
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CAIRP: Q4 2024 Canadian Insolvency Statistics
February 4, 2025
Consumer and Business Insolvencies Reached 15-Year High in 2024, Up 11.4% and 28.6%
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CAIRP: Q3 2024 Canadian Insolvency Statistics
November 12, 2024
Consumer Insolvencies Make 10th Straight Double-Digit Increase, Rising 13.5% Year-Over-Year. Business Insolvencies Rise 16.2% Year-Over-Year, Reaching Largest Third-Quarter Volume Since Q3 2009
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