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June 6, 2022
Rise in business bankruptcies could signal a wave of defaults to come: expert
The number of bankruptcies filed by Canadian businesses is on the rise. According to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP), there were 807 business bankruptcies...
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June 6, 2022
Canadians may see a 0.5% interest rate hike this week thanks to ‘persistent’ inflation
The Bank of Canada is likely to hike its benchmark interest rate another half a percentage point on June 1, further raising the cost of borrowing to tackle “persistent” inflation levels not seen in...
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Welcome to the official blog of the Canadian Association of Insolvency and Restructuring Professionals! We hope you will enjoy insightful and informative posts by our team of expert bloggers on a wide range of topics, including individual, small business and corporate insolvencies, budgeting, financial planning, credit rebuilding and other money management tips for anyone looking to live a debt free life.
Celebrating National Seniors Day: Honoring Wisdom and Planning for the Future
October 1, 2025
October 1st is National Seniors Day—a time to celebrate the wisdom, resilience, and contributions of older Canadians. As Licensed Insolvency Trustees, we see firsthand how financial stress can impact...
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Dealing with Debt Collectors: Your Rights and Responsibilities
September 23, 2025
Dealing with debt collectors can be an intimidating and stressful experience, but knowing your rights and responsibilities can make all the difference. Whether you’re an individual facing mounting bills...
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CAIRP: Q2 2025 Canadian Insolvency Statistics
August 6, 2025
TORONTO – August 6, 2025 – The latest data from the Office of the Superintendent of Bankruptcy (OSB) shows that 35,114 Canadians filed a consumer insolvency in Q2 2025, up 2.6% compared to the previous...
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