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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.
January 2025 Canadian Insolvency Statistics
February 28, 2025
TORONTO – February 28, 2025 – The first Canadian insolvency statistics of 2025 show a 20.5% increase in consumer insolvency filings in January compared to the previous month, according to the Office...
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Breaking Up with Bad Money Habits: A Love Letter to Your Future Self
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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