Insolvency law of Canada

The Parliament of Canada has exclusive jurisdiction to regulate matters relating to bankruptcy and insolvency, by virtue of s.91 of the Constitution Act, 1867. It has passed the following statutes as a result: * The Bankruptcy and Insolvency Act ("BIA") * The Companies' Creditors Arrangements Act ("CCAA") * The Farm Debt Mediation Act * The Wage Earner Protection Program Act * The Winding-Up and Restructuring Act (which essentially applies only to financial institutions under federal jurisdiction)

Insolvency law of Canada

The Parliament of Canada has exclusive jurisdiction to regulate matters relating to bankruptcy and insolvency, by virtue of s.91 of the Constitution Act, 1867. It has passed the following statutes as a result: * The Bankruptcy and Insolvency Act ("BIA") * The Companies' Creditors Arrangements Act ("CCAA") * The Farm Debt Mediation Act * The Wage Earner Protection Program Act * The Winding-Up and Restructuring Act (which essentially applies only to financial institutions under federal jurisdiction)