Industry Views & NewsMedia Releases

Media Releases

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.

	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
	CAIRP: Q2 2024 Canadian Insolvency Statistics August 2, 2024 Consumer Insolvencies Rise 12.4% Year-Over-Year, Reaching Highest Level in Four Years. Business Insolvencies Jump 41.4% Year-Over-Year, the 10th Consecutive Double-Digit Increase
	CAIRP: May 2024 Canadian Insolvency Statistics June 28, 2024 TORONTO – June 28, 2024 – Consumer insolvencies increased 11.3% in May compared to the same month last year, according to the latest data from the Office of the Superintendent of Bankruptcy (OSB)....
	CAIRP: Q1 2024 Canadian Insolvency Statistics May 3, 2024 TORONTO – May 3, 2024 – Consumer insolvency filings have reached the highest level since the fourth quarter of 2019 before the pandemic. On average, about 372 Canadians a day filed a consumer insolvency...
	CAIRP: 2023 Annual & Q4 Canadian Insolvency Statistics February 2, 2024 TORONTO – February 2, 2024 – Business insolvencies in Canada surged by 41.4% in 2023 compared to the previous year, the sharpest increase in 36 years of records from the Office of the Superintendent...
	Struggling with debt? Beware of debt-relief scams. November 14, 2023 TORONTO – November 14, 2023 – The Office of the Superintendent of Bankruptcy (OSB) and the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) want to help Canadians avoid...
	CAIRP: Q3 Canadian Insolvency Statistics November 3, 2023 TORONTO – November 3, 2023 – Consumer insolvency filings in Canada dipped slightly in the third quarter (-2.4%) after reaching a four-year high last quarter, according to the latest statistics released...
	CAIRP: Q2 2023 Canadian Insolvency Statistics August 3, 2023 TORONTO – August 3, 2023 – Canadian business insolvencies were up 36.9% year-over-year for the second quarter, reaching 1,090 business insolvency filings, the highest quarterly volume since 2014....
	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...