Canada: Insolvency/Bankruptcy

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Insolvency law and bankruptcy law articles, thought leadership, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics surrounding financial restructuring, insolvency and bankruptcy.

Country Comparative Guide 2025: Restructuring & Insolvency Law In Canada

In Canada, the common forms and requirements for the creation and perfection of security granted over immovable and movable property depend on provincial/territorial legislation. Canada is a federal jurisdiction...

Canada Insolvency

GW

Gowling WLG

Un tribunal albertain applique l'arrêt Petrowest pour suspendre un arbitrage en faveur d'une procédure de mise sous séquestre

Le 26 mai 2025, la Cour du Banc du Roi de l'Alberta (la « CBRA ») a suspendu un projet d'arbitrage en faveur d'une procédure de mise sous séquestre en cours dans l'affaire Mayfield Investments Ltd (Re).

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

What Bill C-2 Means For Financial Institutions: Key Changes To Canada's Anti-money Laundering Regime

On June 3, 2025, Bill C-2, also known as the Strong Borders Act, was tabled in Parliament, bringing with it sweeping changes to Canada's anti-money laundering ("AML") framework.

MT

Miller Thomson LLP

Restructure, Recover, Rebuild: A Guide For Cannabis Operators In Transition

In Canada's evolving cannabis industry, entering a restructuring process such as under the Companies' Creditors Arrangement Act (the "CCAA") is no longer seen as a failure...

Canada Insolvency

MT

Miller Thomson LLP

Carillion 2.0? Ontario Judge Orders Stay Of Claims Against Performance Bonds

Canada Real Estate

WL

WeirFoulds LLP

Principales lacunes observées dans le cadre des examens, des documents d'informations continue et des prospectus

Canada Commercial

BB

BCF Business Law

Alberta Court Applies Petrowest To Stay Arbitration In Favour Of Receivership Proceeding

Canada Litigation

BC

Blake, Cassels & Graydon LLP

Hope Isn't A Strategy: Why Insolvent Companies Must Think Beyond One Creditor

Canada Insolvency

PV

Pallett Valo LLP

Navigating Cross-Border Insolvency In The Digital Age: Insights From Atom Holdings

Canada Insolvency

CW

Clark Wilson LLP

Le tribunal de l'Alberta confirme les libérations des administrateurs dans le cadre du plan de Delta 9 en vertu de la LACC malgré les objections de l'ARC

Canada Insolvency

MT

Miller Thomson LLP

Insolvent Customers: 8 Key Steps To Limit Losses

Canada Insolvency

MT

Miller Thomson LLP

Client insolvable : 8 gestes clés à poser pour limiter les pertes

Canada Insolvency

MT

Miller Thomson LLP

Derivatives Laws And Regulations Canada 2025

MT

Miller Thomson LLP

Lenders Take Note: Consultations Set To Begin On Ontario's New Coerced Debt Legislation

AB

Aird & Berlis LLP

Stablecorp Raises $2.5 Million For QCAD Stablecoin

Canada Technology

GL

Goodmans LLP

Frustration Of Contract: When Performance Becomes Impossible

Canada Employment

MB

McCague Borlack LLP

How CRA Conducts Net Worth Audits And Enforces Gross Negligence Penalties Against Canadian Taxpayers: Lessons From Mann v. The King And Other Cases

RS

Rotfleisch & Samulovitch P.C.

Contracts For Services vs. Contracts For Goods In Ontario

Canada Commercial

Pacific Legal PC

The Very Large And Vexing Lawsuit Re: Cannabinoid Hyperemesis Syndrome

Canada Cannabis

HS

Harris Sliwoski

Alberta Court Affirms Director Releases In Delta 9 CCAA Plan Despite CRA Objections

When a company restructures under financial distress, can its directors still be shielded from liability, even when tax authorities object? That's one of the questions addressed in a significant ruling...

Canada Insolvency

MT

Miller Thomson LLP

SCC Clarifies When A "Student" Can Be Released From Student Loan Debt

On April 17, 2025, the Supreme Court of Canada (SCC) released its decision, Piekut v Canada, 2025 SCC 13, in which the SCC declined to release the plaintiff from her student loan debt, finding that she sought relief too close to when she ceased being a student.

Canada Insolvency

BM

Bishop & McKenzie

IP Licensing Primer Part Three: Term And Termination

In part one of our IP licensing primer series, we broached the concept of IP licensing and explained how the type of IP...

MA

MLT Aikins LLP

Restructuring Without The Stigma: Strategic Paths For Cannabis Operators

As financial pressures affect cannabis operators across Canada, restructuring and insolvency is becoming an increasingly common topic in boardrooms and legal consultations.

Canada Cannabis

MT

Miller Thomson LLP

BLG obtient la nomination d'un séquestre pour des résidences pour personnes âgées (RPA) en difficulté

Canada Insolvency

BL

Borden Ladner Gervais LLP

Pick Of The Patch: Sage Advice About Super Priorities For Fresh Produce Suppliers

Canada Insolvency

AB

Aird & Berlis LLP

From Squeeze To Strategy: Reshaping The Future Of Cannabis Businesses

Canada Insolvency

MT

Miller Thomson LLP

Court Of Appeal Consolidates Autonomy Of Québec Civil Law And Gives Priority To The Stability And Efficiency Of CCAA Restructuring Processes Over Arbitration

Canada Insolvency

F

Fasken

La Cour d'appel renforce l'autonomie du droit québécois et priorise la stabilité et l'efficacité des processus de restructuration sous la LACC à l'arbitrage

Canada Insolvency

FF

Fasken (French)

Free From Excise Tax Liability: Court Rules To Permit Director Releases Despite Objection From The CRA

Canada Cannabis

C

Cassels

Court Of Appeal Summaries ( May 12 – May 16, 2025)

Canada Litigation

BM

Blaney McMurtry LLP

Auction Prices Rise…Again

Worldwide Transport

CM

Crowe MacKay LLP

If I Could Turn Back Time: Supreme Court Of Canada Confirms Approach To The Discharge Of Student Loans

Canada Insolvency

F

Fasken

Navigating Uncertainty: The Impact Of Tariffs And Economic Shifts On Canadian Insolvencies

Canada Insolvency

DW

Davies Ward Phillips & Vineberg

Court Of Appeal Summaries ( May 12 – May 16, 2025)

The Court agreed with the appellant that the presumption is only rebutted where the debtor's business continuation plan is objectively reasonable in the sense that it is likely to benefit creditors generally.

Canada Litigation

BM

Blaney McMurtry LLP

Auction Prices Rise…Again

"Fueled in part by tariffs," is how Black Book summarized April since its latest installment of Market Insights, which covered the week that included the last day of the month.

Worldwide Transport

CM

Crowe MacKay LLP

If I Could Turn Back Time: Supreme Court Of Canada Confirms Approach To The Discharge Of Student Loans

In the recent decision of Piekut v Canada (National Revenue), 2025 SCC 13 ("Piekut"), the Supreme Court of Canada ("SCC") considered when bankrupts are able to discharge...

Canada Insolvency

F

Fasken

Navigating Uncertainty: The Impact Of Tariffs And Economic Shifts On Canadian Insolvencies

In this issue of Insolvency Now, we continue to report on data trends from Q3 and Q4 of 2024, during which we noticed that the number of insolvency filings had steadily decreased compared with the previous year...

Canada Insolvency

DW

Davies Ward Phillips & Vineberg

Director's Liability In Insolvency – Due Diligence Defence & RVOs

Canada Insolvency

MA

MLT Aikins LLP

Back To School, Back In Debt: Piekut v Canada (National Revenue), 2025 SCC 13

When you go back to school, does your government student loan debt come with you? According to the Supreme Court of Canada's recent decision in Piekut v Canada (National Revenue), 2025 SCC 13 ("Piekut")...

Canada Insolvency

CC

CLC (Canadian Litigation Counsel)

Landing In A Safe Harbour: Five Takeaways From The Red Lobster Cross-Border Restructuring

In May 2024, Red Lobster Management LLC (RL Management) and fourteen of its affiliates (collectively, Red Lobster), including Red Lobster Canada Inc. (Red Lobster Canada)...

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Tax Debt In Canada: Bankruptcy, Consumer Proposals, Uncollected Taxes, And The CRA's Approach

Uncollected taxes, encompassing unpaid personal income taxes, GST/HST, payroll source deductions, or corporate taxes, create significant challenges for taxpayers and the CRA.

RS

Rotfleisch & Samulovitch P.C.

Document De Consultation Sur La Phase 2 De L'examen Des Règles En Matière Civile : Le Litige Civil Revisité

Les Règles de procédure civile sont en train d'être revisitées en Ontario. Le 1er avril 2025, le Groupe de travail sur l'examen des règles en matière civile...

Canada Litigation

MT

McCarthy Tétrault LLP

Court Of Appeal Summaries (April 7-11, 2025)

Canada Litigation

BM

Blaney McMurtry LLP

Strategies For Landlords Of Insolvent Tenants In CCAA Proceedings

Canada Real Estate

MA

MLT Aikins LLP

Chapitre 11 et LACC – Comparaison Transfrontalière

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Trend Watch: Third Party Releases In US Chapter 15 Proceedings

Canada Insolvency

BJ

Bennett Jones LLP

La Cour d'appel de l'Alberta se prononce sur une fiducie par interprétation et une ordonnance de dévolution inversée

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

CCAA Keeps Landlords At Bay

Canada Real Estate

DV

Daoust Vukovich LLP

Insolvabilité Au Canada : Principaux Développements Et Tendances Émergentes

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Portée de la suspension de procédures en faveur d'un administrateur sous le régime de la LACC

Canada Insolvency

BL

Borden Ladner Gervais LLP

The Anti-Deprivation Rule And Its Application In Alberta Vs Ontario In Light Of Mayfield Investments Ltd.

Canada Insolvency

GW

Gowling WLG

Constructive Trust Claim Dismissed As Court Backs Reverse Vesting Order

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Canadian Insolvency: Key Developments And Emerging Trends

Canada Insolvency

BC

Blake, Cassels & Graydon LLP

Alberta Court Finds A Forced Sale Share Provision Violates The Anti-Deprivation Rule When Triggered By Receivership Proceedings

Canada Insolvency

BL

Borden Ladner Gervais LLP

Broadened Stay Of Proceedings In Favour Of Director Granted Pursuant To The CCAA

BL

Borden Ladner Gervais LLP

Insolvency & Restructuring Group 2024 Year In Review

Canada Insolvency

MA

MLT Aikins LLP

Overview of the Companies' Creditors Arrangement Act - 2025

Canada Commercial

BC

Blake, Cassels & Graydon LLP

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Latest Videos

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Influencers In Toronto: Spotlight On Virginie Gauthier (Video)

GW

Gowling WLG

Insolvency Trends And Litigation Funding (Video)

SE

Stikeman Elliott LLP

Commercial Real Estate: Navigating Opportunities And Challenges Ahead (Video)

TL

Torys LLP

Acquisitions By Means Of Restructuring & Insolvency Proceedings (Trending2014: An M&A Video Series)

C

Cassels

Bankruptcy And Insolvency - It's Not As Bad As You Think (Video Content)

LL

Lerners LLP

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