Canadian Association of Insolvency and Restructuring Professionals

Practical Course on Insolvency Counselling (PCIC)

General Information

Canadian regulations under the Bankruptcy and Insolvency Act (BIA) require that individuals who counsel debtors in trustees' offices and credit counselling services become registered Insolvency Counsellors as outlined in the office of the Superintendent in Bankruptcy’s Directive 1R.

One of the requirements to become a BIA Insolvency counselor is the successful completion of the Practical Course in Insolvency Counseling (PCIC),offered through the  Canadian Association of Insolvency and Restructuring Professionals (CAIRPs a result, the Canadian Association of Insolvency and Restructuring Professionals (CAIRP).

The Practical Course in Insolvency Counseling is available in English and French. 

Additional details can be found in the Information and Registration Brochure.


Applicants must submit a completed PCIC Application Form. Once the application has been approved, the candidate will be invoiced for course fees and access to the material will be provided to the candidate. Applications are accepted throughout the year. 

Apply Now

Entrance Requirements


To be eligible to enroll in the PCIC, candidates must send required proof that they meet either of the following requirements.

A: successful completion of either a high school diploma or high school equivalency certificate (having passed the General Education Development (GED) test), plus one of:

  •  A minimum of three (3) years of relevant practical work experience supporting an LIT or registered BIA insolvency counsellor (CV/Resume showing relevant experience required) or,
  •  A minimum of thirty (30) credit hours of post-secondary study completed in a diploma or degree program from a recognized post-secondary institution (copy of the Academic Transcript provided by the institution required).


B: Enrolment in the CQP

Candidates who were unsuccessful on the last Insolvency Counseling Qualification Course exam (ICQC) offered in January 2019, must reapply as if they were new applicants as the entrance requirements have now changed. Application should be made online through our CAIRP website.

Other Requirements

All candidates are required to have:

  • a computer and an Internet connection to access course materials and complete the online examination; 
  • access their workplace to a suitable site for taking the online National Exam and
  • the commitment of an eligible Presiding Officer to monitor the exam.

It is strongly recommended that all candidates spend 15 to 30 hours observing a BIA counsellor or LIT in the role of counselling debtors, as a way of gaining practical insights that will complement the course material.

Presiding Officers (“PO”)

Each candidate registered for the course must obtain the agreement of a Licensed Insolvency Trustee, BIA Insolvency Counsellor or other professional (eg. accountant, lawyer, etc.), who will not be taking the course in the future and is not a family member, to supervise the candidate’s online examination at his or her workplace and ensure that protocols are observed and confidentiality is maintained.  In general, the PO should be prepared to:

  • be present on the exam day for 2 to 3 hours to supervise the exam;
  • return all exam-related documents to the CQP office, signed as necessary, including an Agreement to Preside and Confidentiality Statement and, after the exam, a Report of Candidate(s) Writing; and
  • inform the candidate and CAIRP Office immediately if he or she is unable to fulfill the Presiding Officer duties and find a suitable substitute by the deadline (see Course Schedule in the Application Package).

Licensed Insolvency Trustee (“LIT”)

Candidates applying for the course should arrange for a Licensed Insolvency Trustee to assess their assignments”. Candidates unable to arrange for a LIT to assess their assignments should contact CAIRP as soon as possible to make alternative arrangements. 


Benjamin Lecointre
Tel: 647-695-2371