Canada’s economy has continued to fare surprisingly well since we published the first issue of our 2021 Restructuring Review in March, despite continuing pandemic restrictions. However, insolvency-related concerns, such as long-term unemployment and the continued struggles of locked-down industries, remain on our radar.

In this issue of the Davies Restructuring Review, we analyze the following emerging trends:

• A considerable increase in filings under the Companies’ Creditors Arrangement Act (CCAA), reversing the decline that had persisted through the second half of 2020
• A movement by debtors from the Bankruptcy and Insolvency Act to the CCAA regime, drawing on the advantages afforded by Canada’s unique bifurcated insolvency system
• The changing role of government as a stakeholder and policy-maker in the Canadian insolvency context

Read the current issue.

The Davies Restructuring Review is a quarterly publication that analyzes key trends and developments in the insolvency and restructuring community.