Canada's Shifting Credit And Insolvency Landscapes

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Davies Ward Phillips & Vineberg

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Davies is a law firm focused on high-stakes matters. Committed to achieving superior outcomes for our clients, we are consistently at the heart of their most complex deals and cases. With offices in Toronto, Montréal and New York, our capabilities extend seamlessly to every continent. Visit us at www.dwpv.com.
In this issue of Davies Insolvency Now, against a backdrop of rising inflation and interest rates, we take a deep dive into the legislation that regulates rates of interest in Canada...
Canada Insolvency/Bankruptcy/Re-Structuring

In this issue of Davies Insolvency Now, against a backdrop of rising inflation and interest rates, we take a deep dive into the legislation that regulates rates of interest in Canada, drawing on recent court decisions to help parties avoid common pitfalls in structuring deals. We then review the Canadian data for Q1 2022, which reveal a 33.8% spike in total business insolvencies compared with the same period in 2021. We conclude by discussing a potential template for future insolvency-related emergency measures in Canada.

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Davies Insolvency Now is a quarterly publication that analyzes key trends and developments in the insolvency and restructuring industry.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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