Davies Insolvency Now, Issue 3
Most of us have stopped asking, “When will it be over?” and have started wondering how we can live with COVID-19 – and how it will change our behaviour from now on. In the context of restructuring, as we saw during the recent Canadian federal election, bankruptcy and insolvency have become topics of increased interest in political and wider circles. This might mean we can expect a greater focus on regulatory reform in this area.
In this issue of Davies Insolvency Now, we turn our focus to one such legislative reform: the good faith amendment, which we are seeing in a range of our insolvency files. We also analyze insolvency statistics from the second quarter of 2021 to take a closer look at how businesses fared as Canada ended most of its lockdowns and vaccines were shipped across the country.
Check out the previous issues:
Davies Insolvency Now is a quarterly publication that analyzes key trends and developments in the insolvency and restructuring community.
Navigating Uncertainty: The Impact of Tariffs and Economic Shifts on Canadian Insolvencies
May 13, 2025 - 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, returning to Q2 and Q3 2023 levels. Key Takeaways: U.S. tariffs on...
Nov. 19, 2024 - In this issue of Insolvency Now, we report on the data trends we are seeing so far in 2024 compared with when we first started tracking data in 2019. Key Takeaways: Overall, we are seeing a marked increase in filings, but we are not yet seeing the level of sector-specific distress...
