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June 6, 2022
Rise in business bankruptcies could signal a wave of defaults to come: expert
The number of bankruptcies filed by Canadian businesses is on the rise. According to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP), there were 807 business bankruptcies...
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June 6, 2022
Canadians may see a 0.5% interest rate hike this week thanks to ‘persistent’ inflation
The Bank of Canada is likely to hike its benchmark interest rate another half a percentage point on June 1, further raising the cost of borrowing to tackle “persistent” inflation levels not seen in...
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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.
Managing High-Interest Credit Card Debt: Tips for Canadians to Avoid the Summer Spending Hangover
August 24, 2026
Learn how to avoid high-interest credit card debt after summer spending with practical tips on budgeting, smart borrowing, and managing expenses.
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CAIRP: Q2 2026 Canadian Insolvency Statistics
August 14, 2026
CAIRP's Q2 2026 insolvency statistics show consumer insolvencies increased 6.9% year-over-year, while business insolvencies remained steady despite ongoing economic pressures.
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Cryptocurrency: When “Investing” Leads to Overwhelming Debt
August 6, 2026
Learn how cryptocurrency scams can lead to overwhelming debt. Discover common warning signs, what to do if you've been scammed, and where to get help.
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