Insolvency Update – Aug 2008

Selected Insolvency Legislation Amendments Come into Force

The Government of Canada has finally amended certain portions of the Bankruptcy and Insolvency Act (the “BIA”) as well as introducing the Wage Earner Protection Program Act (the “WEPP”) and has made other amendments to legislation relating to Student Loans, RRSPs etc.  The General Rules relevant to the BIA amendments that were brought into force have also been amended.

Insolvency Update August 2008