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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.

Why Every Accountant Should Understand the Basic Principles of Insolvency

Jovita D’sa May 5, 2026 Insolvency comes up more often in accounting than most people expect. Whether you are working in public practice, corporate finance, or advisory services, a solid grasp of insolvency and its legal framework...

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How to resolve and avoid tax debt

Braden Burritt, CIRP, LIT April 17, 2026 Dealing with income tax debt is a challenge for many Canadians. Owing income tax debt to the Canada Revenue Agency (CRA) can feel overwhelming, and an unexpected tax bill can add further strain to your...

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When Your Business Is Facing Financial Difficulties: How a CIRP Can Support You

Sarah-Maude Daviau, B.A.A., CIRP, LIT March 19, 2026 When your business is facing financial difficulties, knowing who to turn to can make all the difference. Managing a company’s finances under pressure is stressful, and the window of opportunity to take...

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