Apr 22, 2025
A Summary of Q1 2025 Insolvency Filings
Insolvency Insider has provided a detailed overview of the insolvency filings in Canada from the last quarter. We have summarized the most relevant information of the Q1 2025 insolvency filings for those who practice on the Commercial List here.
Insolvency Insider provides the following analysis of the 75 insolvency filings highlighted in Q1 2025.
- Real estate led all industries with 15 filings mentioned, followed by manufacturing with 10 filings, oil & gas with 7 filings, and retail and logistics with 6 filings each.
- 34 filings mentioned were in Ontario, followed by 16 in Alberta, 10 in British Columbia, and 8 in Québec.
- 22 CCAA filings were mentioned. A&M, FTI and Grant Thornton/Raymond Chabot each acted as monitor in 4 of these filings, followed by KSV, Deloitte and EY with 2 appointments each.
- O’Keefe & Sullivan was engaged on 4 CCAA files as company counsel, followed by McCarthy Tétrault, Norton Rose, Osler, Reconstruct and Stikeman Elliott with 2 engagements each.
A summary of the insolvency filings highlighted from 2024 can be found here.
About Insolvency Insider
Insolvency Insider, founded by Henry Louis, is a digital media company focused on the insolvency and restructuring industry in Canada. The platform provides information and coverage of the latest insolvency filings, court cases, news and more.