Insolvency Statistics in Canada—2025

Volume of Insolvency Filings In 2025, a total of 145,297 insolvencies under the Bankruptcy and Insolvency Act (BIA) were filed with the Office of the Superintendent of Bankruptcy (OSB). This represents a 1.3% increase from 2024. In addition there were 70 proceedings filed under the Companies’ Creditors Arrangement Act (CCAA) and 846 receiverships. BIA Insolvencies The…

LiveLawBiz IBC Monthly Digest: September 2026

SUPREME COURT Supreme Court Issues Notice In Canara Bank’s Plea Against NCLAT Order Setting Aside Insolvency Admission Of Equinox India Developments Case Title : CANARA BANK (E-SYNDICATE BANK) VS. EQUINOX INDIA DEVELOPMENTS LIMITED Case Number : DIARY NO. – 36294/2026 The Supreme Court on Monday issued notice on Canara Bank’s challenge to the NCLAT order…

A Mass. tech darling went bankrupt. What does that say about the state of the green tech industry?

In 2024, Massachusetts tech startup Ascend Elements was named one of the world’s most innovative companies. In April, the company filed for Chapter 11 bankruptcy protection. Scott Kirsner, columnist with our editorial partner MassLive, joins WBUR’s Morning Edition to share what this might mean for the Massachusetts climate tech industry. This segment aired on September 30,…