In Financial Distress?

You are not alone. A CIRP-designated Licensed Insolvency Trustee (LIT) can help you understand your financial position and the options available to you, and put you on the path towards permanent, life-changing debt relief.

Solutions for Individuals

With so many debt relief methods to choose from, it can be hard to know which one is right for you. Learn about the various debt relief options and how they can apply to you.

Solutions for Businesses

Whether you’re a small business, self-employed or a large corporation, we’ve provided an overview of the different debt management options to ensure the viability of your business.

How a CIRP-designated Licensed Insolvency Trustee (LIT) Can Help You

With years of specialized education and training, CIRPs are uniquely qualified to help you choose the right solution to solve your debt problems.

Protecting the Public Interest

CAIRP members adhere to the highest ethics and standards to ensure public trust and confidence. Learn more about their professional obligations.

Blogs

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 Finances as a Small Business Owner in Uncertain Times

Colleen Craig, CPA, CA, FCIRP, LIT April 11, 2025 Starting in early 2025, Canadian businesses, both small and large, have faced significant challenges due to escalating trade tensions with the United States. Watching the ever-changing headlines from one...

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How to resolve and avoid tax debt

Braden Burritt, CIRP, LIT March 17, 2025 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...

Learn More

January 2025 Canadian Insolvency Statistics

February 28, 2025 TORONTO – February 28, 2025 – The first Canadian insolvency statistics of 2025 show a 20.5% increase in consumer insolvency filings in January compared to the previous month, according to the Office...

Learn More
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Blogs

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 Finances as a Small Business Owner in Uncertain Times

Colleen Craig, CPA, CA, FCIRP, LIT April 11, 2025 Starting in early 2025, Canadian businesses, both small and large, have faced significant challenges due to escalating trade tensions with the United States. Watching the ever-changing headlines from one...

Learn More

How to resolve and avoid tax debt

Braden Burritt, CIRP, LIT March 17, 2025 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...

Learn More

January 2025 Canadian Insolvency Statistics

February 28, 2025 TORONTO – February 28, 2025 – The first Canadian insolvency statistics of 2025 show a 20.5% increase in consumer insolvency filings in January compared to the previous month, according to the Office...

Learn More
RSS
RSS

View all blogs