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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...
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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Blogs

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.

Tips for Building a Strong Financial Plan as a Couple

Mary Ann Marriott, CIRP, LIT February 14, 2024 Dealing with money as a couple can be a daunting task. However, it is critical to maintain peace and harmony in a relationship and to have a secure financial future. But where does one (or two) start?...

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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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How to Make This Year a Financial Success

Pamela Meger, CIRP, LIT January 25, 2024 A guide to improving your financial health and well-being. Many people start the new year with the goal of improving their financial situation, but often struggle to stick to their plans or achieve their...

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