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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: 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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Budgeting for Your Holiday Vacation: Tips to Save Without Sacrificing Fun

Kaitlin Verge, CIRP, LIT December 16, 2024 The holiday season is the perfect time for a getaway. Whether you're imagining relaxing on a sunny beach, exploring a new city, or enjoying cozy winter activities, the idea of taking a vacation can be...

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