Canadian Association of Insolvency & Restructuring Professionals

Canadian Association of Insolvency & Restructuring Professionals Nearly all practising trustees licensed under Canada’s Bankruptcy and Insolvency Act are members of CAIRP.

CAIRP is a national professional association that was created in 1979 to advocate a fair, transparent, and effective system of insolvency/restructuring administration throughout Canada. The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) is a national professional organization representing some 950 members acting as trustees in bankruptcy, administrators of consumer prop

osals, receivers, liquidators, agents, monitors, and consultants in insolvency matters, as well as nearly 350 articling and 200 corporate and life associates. CAIRP was created as a non-profit corporation to advocate a fair, transparent and effective system of insolvency/restructuring administration throughout Canada. CAIRP provides certification to its members through the designation of Chartered Insolvency and Restructuring Professional (CIRP). The CIRP Qualification Program is the required educational program for becoming a licensed trustee in bankruptcy in Canada. L'Association canadienne de l'insolvabilité et de la réorganisation (ACPIR) est l’organisation nationale représentant quelque 950 membres qui agissent à titre de syndics de faillite, administrateurs de propositions de consommateur, séquestres, mandataires, contrôleurs et conseillers en matière d’insolvabilité, de même que presque 350 associés stagiaires et 200 associés constitués des associés corporatifs ainsi que des associés à vie. L’ACPIR a été créée en tant que société sans but lucratif afin de promouvoir l’administration de l’insolvabilité et de la réorganisation avec justice, transparence et efficacité partout au Canada. La majorité des syndics autorisés en vertu de la Loi sur l'insolvabilité de la faillite et du Canada sont membres de l'ACPIR. L’ACPIR fournit une certification pour ses membres par la désignation Chartered Insolvency and Restructuring Professional / professionnel agréé de l’insolvabilité et de la réorganisation (CIRP, ou PAIR). Le Programme de qualification des CIRP/PAIR est le programme d'éducation requis afin d’obtenir une licence de syndic de faillite au Canada.

Mortgage brokers often work with clients navigating complex financial situations — including debt challenges.Having a fo...
06/11/2026

Mortgage brokers often work with clients navigating complex financial situations — including debt challenges.

Having a foundational understanding of insolvency can help you guide clients more effectively, build stronger relationships, and open the door to better outcomes.

Learn how insolvency education can support your work:
👉 Read the blog: https://cairp.ca/industry-views-news/blogs/insolvency-education-mortgage-brokers

Interested in building your knowledge? CAIRP’s Introduction to Insolvency course is a great place to start. https://cairp.ca/become-a-cirp/insolvency-course-introduction/

Insolvency isn’t just about bankruptcy—it comes up more often than you might think.Understanding the basics can help pro...
05/28/2026

Insolvency isn’t just about bankruptcy—it comes up more often than you might think.

Understanding the basics can help professionals spot early warning signs, assess risk, and better support clients when it matters most.

In this quick read, we cover:
✅ What insolvency really means
✅ Key tests every accountant should know
✅ How Canada’s legal framework shapes outcomes

📖 Read the blog: https://cairp.ca/industry-views-news/blogs/insolvency-basic-principles-for-accountants

Curious to go deeper?

🎓 Learn more about CAIRP’s Introduction to Insolvency course:
https://cairp.ca/become-a-cirp/insolvency-course-introduction/

🚗 Does your car payment feel like it's never going to end?You're not alone. With vehicle prices rising and loan terms no...
04/23/2026

🚗 Does your car payment feel like it's never going to end?

You're not alone. With vehicle prices rising and loan terms now stretching to 7 or even 8 years, many Canadians are trapped in a cycle where they trade in their car before it's paid off — and roll that leftover debt into the next loan. Effectively, they end up paying for a car and a half.

If debt is feeling unmanageable, you don't have to figure it out alone. A Licensed Insolvency Trustee (LIT) can walk you through your options. LITs generally offer free consultations — no commitment, no upfront fees — to give you a realistic picture of the debt relief options available for your situation.

🎥 Want to learn more? Watch André Bolduc, CAIRP's Immediate Past Chair, speak about this issue at the House of Commons: https://www.youtube.com/watch?v=BCkxWuMBQss

1 like. "Canada's Household Debt Crisis: CAIRP's Past Chair Speaks at Parliament"

Tax debt can sneak up on anyone — a job change, an RRSP withdrawal, or self-employment income can all lead to an unexpec...
04/22/2026

Tax debt can sneak up on anyone — a job change, an RRSP withdrawal, or self-employment income can all lead to an unexpected CRA bill. Left unaddressed, the consequences are serious: wage garnishment, withheld refunds, and liens on your property.

The good news? You have options.

Our latest blog, written by Braden Burritt, CIRP, LIT, breaks down why tax debt happens, what the CRA can and will do if you don't act, and how — from informal payment arrangements to formal debt relief through a Licensed Insolvency Trustee — you can stop collection action and get a fresh start.

If you or someone you know is dealing with CRA debt, this is a must-read. 👇

📘 Struggling with student loan repayment in Canada? You're not alone — and there are smarter ways to manage the burden.O...
03/05/2026

📘 Struggling with student loan repayment in Canada? You're not alone — and there are smarter ways to manage the burden.

Our latest blog by Pamela Meger, CIRP, LIT breaks down key government-backed options like revising your repayment terms, accessing repayment assistance plans, and even exploring loan forgiveness opportunities. From lowering monthly payments to understanding eligibility for forgiveness if you work in certain professions or communities, she covers what you need to know to make informed decisions about your student debt.

👉 Read more: https://cairp.ca/industry-views-news/blogs/A_Smarter_Way_to_Handle_Student_Loans_in_Canada_Repayment_Assistance_Revised_Terms_and_Forgiveness

“Whether someone is overwhelmed by debt or just unsure of their options, Licensed Insolvency Trustees can help people un...
02/11/2026

“Whether someone is overwhelmed by debt or just unsure of their options, Licensed Insolvency Trustees can help people understand what they’re dealing with and what their choices actually look like.” - Wesley Cowan, MA, LLM, CIRP, LIT and Vice Chair of CAIRP

Read more in Retail Insider: https://retail-insider.com/retail-insider/2026/02/consumer-insolvencies-reach-second-highest-annual-level-on-record-in-2025-as-business-filings-fall/?utm_campaign=daily_retail_news&utm_medium=social_tweet&utm_source=X

If you are facing unmanageable debt, reach out to a Licensed Insolvency Trustee today. They typically begin with a free consultation: no pressure, just clear guidance.

Consumer insolvencies rose 2.3 per cent last year from 2024 to 140,457 filings.

💡Debt reduction is a top New Year’s resolution — but how do you make it stick?With interest rates easing and costs of li...
01/13/2026

💡Debt reduction is a top New Year’s resolution — but how do you make it stick?

With interest rates easing and costs of living still high, many Canadians are feeling cautiously optimistic heading into 2026. But the average household still carries significant debt, and vague goals won’t move the needle.

Our latest blog by Brandon Smith, CIRP, LIT breaks down practical, realistic strategies to help Canadians:
• Reset outdated budgets
• Choose the right debt-paydown strategy
• Take advantage of lower interest rates (without repeating past mistakes)
• Set achievable milestones that build momentum

Progress beats perfection. Small, consistent steps can lead to lasting financial resilience.

https://cairp.ca/industry-views-news/blogs/Financial_Reset_2026_How_Canadians_Can_Set_Realistic_Debt-Reduction_Goals_That_Stick

How do you plan for retirement with confidence and clarity? Watch this video by Pamela Meger, CIRP, LIT for helpful tips...
11/28/2025

How do you plan for retirement with confidence and clarity? Watch this video by Pamela Meger, CIRP, LIT for helpful tips on how to approach retirement, the things to think about to get retirement ready, and how to secure your financial future.

https://youtu.be/yYyM4e3Jql4

Address

141 Adelaide Street West, Suite 450
Toronto, ON
M5H3L5

Opening Hours

Monday 8:30am - 5:30pm
Tuesday 8:30am - 5:30pm
Wednesday 8:30am - 5:30pm
Thursday 8:30am - 5:30pm
Friday 8:30am - 5:30pm

Telephone

+14162043242

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