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  2. Insolvency law of Canada - Wikipedia

    en.wikipedia.org/wiki/Insolvency_law_of_canada

    The Parliament of Canada has exclusive jurisdiction to regulate matters relating to bankruptcy and insolvency, by virtue of Section 91(2) of the Constitution Act, 1867.It has passed the following statutes as a result:

  3. Consumer bankruptcy in Canada - Wikipedia

    en.wikipedia.org/wiki/Consumer_bankruptcy_in_Canada

    Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ("BIA"). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of Bankruptcy that provide guidelines to trustees in bankruptcy on various aspects of the BIA.

  4. Bankruptcy and Insolvency Act - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_and_Insolvency_Act

    The Bankruptcy and Insolvency Act (BIA; French: Loi sur la faillite et l'insolvabilité) is one of the statutes that regulates the law on bankruptcy and insolvency in Canada. It governs bankruptcies, consumer and commercial proposals, and receiverships in Canada.

  5. Companies' Creditors Arrangement Act - Wikipedia

    en.wikipedia.org/wiki/Companies'_Creditors...

    In that case, the Court gave a detailed explanation of the nature of insolvency law in Canada. The Bankruptcy and Insolvency Act (BIA) provides a more rules-based approach for resolving a corporate debtor's insolvency, which must be observed strictly. The CCAA, on the other hand, provides a more discretionary approach that is remedial in nature ...

  6. Commercial insolvency in Canada - Wikipedia

    en.wikipedia.org/.../Commercial_insolvency_in_Canada

    The Bankruptcy and Insolvency Act ("BIA") [1] The Companies' Creditors Arrangement Act ("CCAA") [2] The Winding-Up and Restructuring Act [3] The following discussion concentrates on insolvency as it applies to corporations, but the rules apply to individuals and other entities involved in commercial matters as well, with necessary modifications.

  7. Category : Companies that have filed for bankruptcy in Canada

    en.wikipedia.org/wiki/Category:Companies_that...

    Pages in category "Companies that have filed for bankruptcy in Canada" The following 107 pages are in this category, out of 107 total. This list may not reflect recent changes .

  8. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Trustees in bankruptcy, 1041 individuals licensed to administer insolvencies, bankruptcy and proposal estates are governed by the Bankruptcy and Insolvency Act of Canada. Bankruptcy is filed when a person or a company becomes insolvent and cannot pay their debts as they become due and if they have at least $1,000 in debt.

  9. Trustee in bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Trustee_in_bankruptcy

    In Canada, a licensed insolvency trustee (LIT) is an individual or a corporation licensed by the official superintendent to hold in trust and, subsequently, to distribute a bankrupt's property among the creditors in accordance with the distribution scheme under the Bankruptcy and Insolvency Act (BIA). The bankrupt and all other persons holding ...