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: Q1 2022 Canadian Insolvency Statistics
May 18, 2022
TORONTO – May 12, 2022 – Business insolvency filings in Canada rose 33.8 per cent in the first quarter of 2022 compared to the same quarter last year, the highest year-over-year increase in 31 years,...
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CAIRP: Q4 Canadian Insolvency Statistics
February 10, 2022
TORONTO – February 4, 2022 – The number of Canadian business insolvencies jumped 36.8 per cent in the fourth quarter. It was the largest rate of increase in 35 years of records tracked by the Office...
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CAIRP: Q3 2021 Canadian Insolvency Statistics
November 10, 2021
TORONTO – November 10, 2021 – The number of Canadian businesses that commenced bankruptcy or restructuring proceedings reached a new record-low in the third quarter. 536 businesses went through formal...
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CAIRP: July 2021 Canadian Insolvency Statistics
September 3, 2021
TORONTO – September 1, 2021 – While the fourth wave of the pandemic is prolonging financial uncertainty for many Canadians, the latest insolvency data from the Office of the Superintendent of Bankruptcy...
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CAIRP: Q2 2021 Canadian Insolvency Statistics
August 16, 2021
TORONTO, ON – August 16, 2021 – Despite the continued financial impact seen during the height of the pandemic, the number of Canadian businesses filing insolvency remains near an all-time low. Compared...
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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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