CAIRP

Canadian Association of Insolvency and Restructuring Professionals

CAIRP: Consumer Insolvencies in Canada up 9.5% in the Last 12 Months January 5, 2023
TORONTO – January 5, 2023 – Consumer insolvency filings in Canada have increased 9.5% over the last 12 months, according to the latest statistics released by the Office of the Superintendent of Bankruptcy,...
CAIRP: Q3 Canadian Insolvency Statistics November 9, 2022
Consumer Alert: Beware of unregulated, unlicensed debt advisors that claim to be authorized to assist with insolvency options. Those facing personal financial challenges are urged to get debt help from government-regulated, licensed professionals to avoid paying for unnecessary services or fees.
Need help with your debt? Ask questions and shop around to avoid paying unnecessary fees. November 9, 2022
TORONTO – November 9, 2022 – As part of Financial Literacy Month 2022, the Office of the Superintendent of Bankruptcy (OSB) and the Canadian Association of Insolvency and Restructuring Professionals...
CAIRP: Q2 2022 Canadian Insolvency Statistics August 5, 2022
TORONTO – August 5, 2022 – The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) says the financial consequences of the pandemic, the economic volatility fueled by this year’s...
CAIRP: Q1 2022 Canadian Insolvency Statistics May 12, 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,...
CAIRP: Q4 Canadian Insolvency Statistics February 4, 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...
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...
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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