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.
What to keep in mind when refinancing your home
May 24, 2023 According to the Canadian Bankers Association, in December 2020 Canadian homeowners had an average home equity of 73% of the home’s value. I suspect this statistic is largely attributed to mature homeowners...Learn More
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 dayLearn More
Impact of Inflation and Recession on Debt Repayment
May 5, 2023 Inflation is a sustained increase in the general level of prices for goods and services in an economy over a period of time. It means that the purchasing power of money decreases as the cost of goods and...Learn More