Industry Views & NewsBlogs
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.
Talk Money: Build Financial Confidence with Kids and Teens
November 21, 2025
Money conversations don't have to be awkward. In fact, they're one of the most important gifts you can give your children. Talking about money as a family can sometimes seem complicated, but what’s important...
Learn More
Financial Planning and Budget Management for the Family
November 19, 2025
Not all families manage finances the same way, but there are four steps every family should take to protect their financial future.
-- Step One: Building a Family Budget with Savings Goals --
Look...
Learn More
Couples and Money: How to Navigate Finances Together Successfully
November 17, 2025
Do you know that one of the major sources of conflict for couples is money? The best way to avoid that is to talk about it. When couples communicate openly about finances, they build a stronger foundation...
Learn More
Celebrating National Seniors Day: Honoring Wisdom and Planning for the Future
October 1, 2025
October 1st is National Seniors Day—a time to celebrate the wisdom, resilience, and contributions of older Canadians. As Licensed Insolvency Trustees, we see firsthand how financial stress can impact...
Learn More
Dealing with Debt Collectors: Your Rights and Responsibilities
September 23, 2025
Dealing with debt collectors can be an intimidating and stressful experience, but knowing your rights and responsibilities can make all the difference. Whether you’re an individual facing mounting bills...
Learn More
How to Avoid Debt Relapse: Tips for Long-Term Financial Health
August 5, 2025
Becoming debt-free is a huge milestone—but staying debt-free is where the real challenge begins. After helping thousands of individuals navigate their way out of debt, I’ve seen firsthand that long-term...
Learn More
Exploring Debt Management Strategies for Small Businesses
May 15, 2025
Most Canadians do not start their small businesses when they are flush with cash to invest (or burn, as the case may be). Therefore, debt is often a necessary tool for small businesses to launch, maintain...
Learn More
Managing Finances as a Small Business Owner in Uncertain Times
April 11, 2025
Starting in early 2025, Canadian businesses, both small and large, have faced significant challenges due to escalating trade tensions with the United States. Watching the ever-changing headlines from one...
Learn More
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...
Learn More
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...
Learn More
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...
Learn More
Budgeting for Your Holiday Vacation: Tips to Save Without Sacrificing Fun
December 16, 2024
The holiday season is the perfect time for a getaway. Whether you're imagining relaxing on a sunny beach, exploring a new city, or enjoying cozy winter activities, the idea of taking a vacation can be...
Learn More
 RSS |