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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.

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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How to Avoid Debt Relapse: Tips for Long-Term Financial Health

Joel Grisé, CIRP, LIT August 5, 2025 Becoming debt-free is a huge milestone—but staying debt-free is where the real challenge begins. After helping thousands of individuals navigate their way out of debt, I’ve seen firsthand that long-term...

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CAIRP: May 2025 Canadian Insolvency Statistics

July 9, 2025 TORONTO – July 9, 2025 – The latest data from the Office of the Superintendent of Bankruptcy (OSB) show consumer insolvencies rose modestly in May 2025, up 3.1% compared to April. There were 12,...

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