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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.

How to build a solid family financial plan

Andrew Mansfield, Financial Planner March 2, 2023 I grew up in a generation where, when a conversation about money was happening, I was asked to go to the other room. It was a taboo subject that was talked about in private rather than an open family conversation....

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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...

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Inheritance: Using Family Day to Start a Conversation with Your Heirs

Craig Fryzuk, CIRP, LIT February 14, 2023 RBC Wealth Management reported that Baby Boomers in Canada are set to transfer a whopping $150 billion to their heirs by 2026.  In the US, that number is closer to $68 trillion.  It will be the largest...

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