For Trustees —
How to Become a Trustee

The Superintendent of Bankruptcy has the authority, under the Bankruptcy and Insolvency Act (BIA), to grant trustee licences. Before granting a trustee licence, however, the Superintendent must be satisfied that candidates meet certain qualifications, as described in Directive No. 13R5, Trustee Licensing. They must, for example:

  • be of good character and reputation,
  • successfully complete the Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program (CQP), and
  • pass an Oral Board of Examination.

The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) is responsible for the Chartered Insolvency and Restructuring Professional Qualification Program.

The Office of the Superintendent of Bankruptcy is responsible for the Oral Board of Examination process.

2013 Oral Board of Examination Results New

Information on Oral Boards of Examination

The following information is provided to assist candidates in planning and preparing for the Oral Boards of Examination.