Guide

Rolling Into 2023: Mild Slumps and Jumps in Insolvency Numbers

Davies Insolvency Now, Issue 8

What does a “rolling recession” mean from an insolvency perspective? In this issue of Davies Insolvency Now, we look to the 2022 Q4 data from across Canada for answers.

We also set out the court-supervised arrangement process under the Canada Business Corporations Act, an increasingly popular restructuring tool used as an alternative to a Companies’ Creditors Arrangement Act process.

Finally, we provide data-informed insights into the implications of pension reform under Bill C-228, currently in the final stages of Senate approval, which will see underfunded defined benefit plans receiving super-priority status in insolvency proceedings.

Read the current issue.

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

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2019 – 2024 Data Trends

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...

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