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.
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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
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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)....
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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...
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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...
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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...
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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...
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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....
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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
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