Find out the latest news from CAIRP on the insolvency and restructuring industry. A full list of press releases from recent years is available in this section.
To be added to CAIRP's press release distribution list, please contact CAIRP’s Public Relations Manager, Angela Joyce at aj@whiterabbitcommunications.com.
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CAIRP: March 2021 & Q1 2021 Canadian Insolvency Statistics
May 13, 2021
Q1 business bankruptcies at all time quarterly low
TORONTO, ON – May 6, 2021 – The total number of consumer insolvencies filed in Canada increased by 22.8 per cent in March compared to February,...
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CAIRP: 2020 Canadian Insolvency Statistics
February 8, 2021
Government support measures, absence of typical insolvency triggers and delayed filings push insolvencies to lowest level since 1999
TORONTO, ON – February 5, 2021 – Canadian insolvency filings...
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CAIRP: October 2020 Canadian Insolvency Statistics
December 3, 2020
Stay-at-home measures put personal finances on lockdown, accumulation of arrears present challenge ahead for indebted Canadians
TORONTO, ON – December 3, 2020 – Insolvency numbers remained sharply...
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CAIRP: Q3 2020 Canadian Insolvency Statistics
November 6, 2020
TORONTO, ON – November 4, 2020 – New stats released today by the Office of the Superintendent of Bankruptcy show that the number of insolvencies in Canada increased in the third quarter. After record...
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CAIRP: July 2020 Canadian Insolvency Statistics
September 2, 2020
TORONTO – September 2, 2020 – The number of Canadians who filed for insolvency increased in July compared to June perhaps signalling the beginning of an upward trend. According to insolvency statistics...
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CAIRP: Q2 2020 Canadian Insolvency Statistics
August 27, 2020
TORONTO – August 5, 2020 – New filing data from the Office of the Superintendent of Bankruptcy (OSB) released today shows that there was a record decline in the number of consumer insolvencies filed...
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Canadian Business Insolvencies Down 25% Over Last Year
July 7, 2020
TORONTO – July 2, 2020 – Contrary to the barrage of headlines announcing Canadian companies filing for bankruptcy over the past few months, new statistics released today by the Office of the Superintendent...
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Fewer Canadians seeking debt relief during COVID crisis, those struggling urged to seek help from licensed professionals
May 12, 2020
TORONTO – May 11, 2020 – After consistently climbing higher over the last year, the number of Canadians who filed for insolvency in the first quarter of 2020 was down 5.5 per cent compared to the...
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