CAIRP

Canadian Association of Insolvency and Restructuring Professionals

Industry Views & NewsMedia Releases

CAIRP: Q2 2024 Canadian Insolvency Statistics August 2, 2024
Consumer Insolvencies Rise 12.4% Year-Over-Year, Reaching Highest Level in Four Years. Business Insolvencies Jump 41.4% Year-Over-Year, the 10th Consecutive Double-Digit Increase
CAIRP: May 2024 Canadian Insolvency Statistics June 28, 2024
TORONTO – June 28, 2024 – Consumer insolvencies increased 11.3% in May compared to the same month last year, according to the latest data from the Office of the Superintendent of Bankruptcy (OSB)....
CAIRP: Q1 2024 Canadian Insolvency Statistics May 3, 2024
TORONTO – May 3, 2024 – Consumer insolvency filings have reached the highest level since the fourth quarter of 2019 before the pandemic. On average, about 372 Canadians a day filed a consumer insolvency...
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...
Struggling with debt? Beware of debt-relief scams. November 14, 2023
TORONTO – November 14, 2023 – The Office of the Superintendent of Bankruptcy (OSB) and the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) want to help Canadians avoid...
CAIRP: Q3 Canadian Insolvency Statistics November 3, 2023
TORONTO – November 3, 2023 – Consumer insolvency filings in Canada dipped slightly in the third quarter (-2.4%) after reaching a four-year high last quarter, according to the latest statistics released...
CAIRP: Q2 2023 Canadian Insolvency Statistics August 3, 2023
TORONTO – August 3, 2023 – Canadian business insolvencies were up 36.9% year-over-year for the second quarter, reaching 1,090 business insolvency filings, the highest quarterly volume since 2014....
CAIRP: Q1 2023 Canadian Insolvency Statistics May 10, 2023
More than 29,700 people became insolvent in the first three months of 2023 – an average of 330 people each day
CAIRP: January 2023 Canadian Insolvency Statistics March 1, 2023
TORONTO – March 1, 2023 – Consumer insolvencies in Canada spiked in the first month of 2023, increasing 33.0% on a year-over-year basis. Compared to the previous month, consumer insolvency filings...
CAIRP: Annual & Quarterly Canadian Consumer Insolvency Statistics February 9, 2023
TORONTO – February 9, 2023 – The latest Canadian insolvency statistics from the Office of the Superintendent of Bankruptcy show the number of consumer insolvencies filings in 2022 jumped 11.2%, with...
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