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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 resolve and avoid tax debt

Braden Burritt, CIRP, LIT March 21, 2024 Owing income tax debt to Canada Revenue Agency (CRA) can make one uneasy. An unexpected tax bill can strain your finances and feel overwhelming to manage before the CRA’s payment deadline. Dealing with...

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Tips for Building a Strong Financial Plan as a Couple

Mary Ann Marriott, CIRP, LIT February 14, 2024 Dealing with money as a couple can be a daunting task. However, it is critical to maintain peace and harmony in a relationship and to have a secure financial future. But where does one (or two) start?...

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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...

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