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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.

Breaking Up with Bad Money Habits: A Love Letter to Your Future Self

Mary Ann Marriott, CIRP, LIT February 14, 2025 As we leave January behind and approach Valentines Day and Family Day, I thought it might be nice to focus on one of the most important relationships in our life - the relationship with money. This blog...

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CAIRP: Q4 2024 Canadian Insolvency Statistics

February 4, 2025 Consumer and Business Insolvencies Reached 15-Year High in 2024, Up 11.4% and 28.6%

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LIT Facts vs. Myths

Brandon Smith, CIRP, LIT January 23, 2025 As a Licensed Insolvency Trustee (LIT), a significant part of my initial consultation time with consumer debtors involves dispelling a number of myths, so I thought it might be a good idea to set the record...

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