Media Releases About The Insolvency Industry

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.

	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...
	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%
	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...