Although CAIRP’s new Chair brings a wealth of experience to the role, it’s his human side that wins praise from his peers

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 August 1, 2025—more recent developments in each case are not reflected.

It is hard to believe that nearly six years have flown by since I joined the CAIRP Executive Committee of the Board and that my two-year term as Chair is now coming to a close. As I write my final reflections,...

Piekut v Canada (National Revenue) resolves uncertainty on the release of government student loans in BIA proceedings. The Supreme Court clarifies that government student loans are not released upon discharge...

By Douglas Porter, CFA, Chief Economist and Managing Director and Sal Guatieri, Senior Economist and Director, BMO Financial Group Many of the major trading partners of the U.S., including biggies the...

By Jeffrey Oliver, Partner, Cassels, Brock & Blackwell LLP; Vanessa Allen, Senior-Vice President, MNP Ltd., and Liam Brunner, Principal, Senior Director and Western Canadian Leader, Valuation & Advisory,...

By Michael Turcsanyi, CEO, TruPoint Sponsored Content As the pace of technological change accelerates, so too does the need for financial services firms—particularly those in the insolvency and trustee...

By Benoît-Mario Papillon, Ph.D., Department of Finance and Economics, School of Management, UQTR -- The financial health of companies and the state of the economy: A matter of concern -- The fate...

By Chris Nyberg, Partner, MLT Aikins The sheer number of cannabis insolvencies in Canada over the last 5 years have resulted in a number of unique issues being considered, not least of which is directors’...

By Mark Taggart, General Counsel at Department of Justice Canada  Licensed Insolvency Trustees (LITs) play a pivotal role in Canada’s insolvency system. Entrusted with the exclusive right to provide...

By Virginia Torrie, JD, LLM, PhD, ICD.D Law 80 Lecturer, Queen’s University Faculty of Law In an increasingly globalized business environment, cross-border insolvency is more and more relevant and...

It was a kind of pick-your-own-adventure approach to economic prognostication.

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.

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...

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...

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...

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,...

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...

By Michael Turcsanyi, CEO, TruPoint Sponsored Content -- Introduction -- Artificial Intelligence (AI) is rapidly transforming business operations across industries, and bankruptcy firms are no exception....

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...

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...

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...