CAIRP is undertaking a comprehensive study of the costs related to administering bankruptcy files in order to build the best possible business case for a change in the tariff for Summary Administration bankruptcy files.

This is a key initiative of CAIRP and we are dedicating substantial resources in order to carry out this project.

In order to build a strong business case to justify changes to the tariff, CAIRP must provide proof that the cost of doing business for trustees has increased, especially considering the additional obligations for trustees from the 2008 and 2009 amendments to the BIA.

CAIRP not only needs to capture direct operating expenditures, it also needs to capture information on the wider operations and activities of trustees in order to have a better idea of the human resource and related challenges that trustees would face if there were a significant increase in consumer insolvencies. The study intends to look at accessibility as a key issue in reviewing the tariff.

We have therefore engaged an independent consultant, Dr. Edwin Weinstein of the Brondesbury Group (www.brondesbury.com), who has prepared the survey below.

This is a very important initiative for CAIRP and our members. Your participation in this survey is both greatly appreciated and critical to our successful review of the tariff.

To access the survey, click here: https://www.surveymonkey.com/r/YQRS575

The deadline to respond to the survey is Tuesday, December 15, 2015.

Using the survey, you are being asked to submit data directly to Dr. Weinstein, who has had a distinguished career doing similar types of studies for important bodies, including the Ontario Securities Commission, the Financial Services Commission of Ontario, RBC, the Office of the Auditor General for Canada, the RCMP and many others.  You can be certain that any data you submit will be treated by Dr. Weinstein with the utmost confidence. The final analysis of the data prepared by Dr. Weinstein will ensure that any information you provide is anonymized.

At no time will CAIRP staff or members have any access to the data you provide.

If you have any questions regarding this survey, please direct them to Dr. Weinstein himself.  He can be reached at edwin.weinstein@brondesbury.com or at 416-585-2414.
Canadian Association of Insolvency and Restructuring Professionals
277 Wellington Street West, Toronto ON M5V 3H2
Phone 416.204.3242 | Fax 416.204.3410 | 
www.cairp.ca

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