Licensing guide · Canada (federal)

How to Become a Licensed Insolvency Trustee in Canada (federal)

Last checked 3 sources checkedNOC 11100

Do you need a licence?

Licence required

You must be registered with the Office of the Superintendent of Bankruptcy to work as a licensed insolvency trustee in Canada or to use a protected title.

Protected titles
Not listed in the sources checked
Show the source
“is the only professional who is authorized to administer insolvency proceedings, such as consumer and commercial proposals and bankruptcies”

From ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/protec..., checked October 10, 2026.

At a glance

Licence status
Licence required See the source
Routes
Annual fees
Not stated by the regulator Check with Office of the Superintendent of Bankruptcy

Your roadmap

Every route is listed. Follow the one that matches where you trained.

Trained in Canada

  • 5 steps without a listed fee

  1. Successfully complete the Chartered Insolvency and Restructuring Professional Qualification Program.

    Source
    “successfully complete the Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program (CQP)”
    ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens...

  2. Successfully complete the CIRP National Insolvency Exam.

    Source
    “successfully complete the Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program (CQP), the CIRP National Insolvency Exam”
    ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens...

  3. Complete either the Insolvency Counsellor's Qualification Course or the Practical Course on Insolvency Counselling.

    Source
    “the Insolvency Counsellor’s Qualification Course or the Practical Course on Insolvency Counselling”
    ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens...

  4. Pass an Oral Board of Examination after completing the prerequisites.

    Source
    “Candidates who have completed the prerequisites can apply for an invitation to attend the oral boards using the new online application.”
    ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens...

  5. After successfully completing the Competency-Based National Insolvency Examination, apply for a licence electronically through the OLAA using the emailed invitation.

    Source
    “Upon successful completion of the Competency-Based National Insolvency Examination, candidates will receive an email invitation to apply for a licence. This email will contain a link to the OLAA with instructions on how to complete the Application for Trustee Licence electronically.”
    ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens...

Listed fees for this route

No one-time fees listed by the regulator for these steps Check with Office of the Superintendent of Bankruptcy

5 steps without a listed fee, so the total may not be the full cost.

Official page for this route

Other listed fees

The regulator lists these without tying them to one step, so they are not in the route totals above. Check which apply to you.

Requirements

Conditions the regulator sets on top of the roadmap steps.

Education

  • Candidates must successfully complete the CIRP Qualification Program, the CIRP National Insolvency Exam and an insolvency counselling course.

    Source
    “successfully complete the Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program (CQP), the CIRP National Insolvency Exam and the Insolvency Counsellor’s Qualification Course or the Practical Course on Insolvency Counselling”
    ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens...

Good character

Already licensed in another province?

Not stated by the regulator Check with Office of the Superintendent of Bankruptcy

Check a move between two provinces

Credential assessment

Not stated by the regulator Check with Office of the Superintendent of Bankruptcy

Exams

Language tests

Not stated by the regulator Check with Office of the Superintendent of Bankruptcy

Compare scores across provinces and professions

Canadian experience

Not stated by the regulator Check with Office of the Superintendent of Bankruptcy

Supervised practice

Not stated by the regulator Check with Office of the Superintendent of Bankruptcy

Demand and pay

Job Bank figures for NOC 11100, Financial auditors and accountants. Wages for 2023-2024 in Canadian dollars an hour; outlook for 2025-2027.

Job Bank wages and outlook in Canada
WhereLowMedianHighOutlook
Canada $25.00 $40.36 $71.43 —

Wages in every province and territory

Licensed insolvency trustees in other provinces and territories

Regulated in 0 of the other 13 jurisdictions checked so far. The rules differ from one place to the next.

  • British Columbia Not confirmed yet
  • Alberta Not confirmed yet
  • Saskatchewan Not confirmed yet
  • Manitoba Not confirmed yet
  • Ontario Not confirmed yet
  • Quebec Not confirmed yet
  • New Brunswick Not confirmed yet
  • Nova Scotia Not confirmed yet
  • Prince Edward Island Not confirmed yet
  • Newfoundland and Labrador Not confirmed yet
  • Yukon Not confirmed yet
  • Northwest Territories Not confirmed yet
  • Nunavut Not confirmed yet

Compare licensed insolvency trustee licensing across Canada

Sources checked

Pages read on October 10, 2026.

  1. Protecting the public ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/protec... · fetched October 10, 2026
  2. How to become a Licensed Insolvency Trustee ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/licens... · fetched October 10, 2026
  3. Insolvency Counselling Program introduction ised-isde.canada.ca/site/office-superintendent-bankruptcy/en/insolv... · fetched October 10, 2026

Frequently asked questions

2

Do you need a licence to work as a licensed insolvency trustee in Canada?

Yes. A licence or certificate from the Office of the Superintendent of Bankruptcy is required to work in Canada.

Which exams are required?

CIRP National Insolvency Exam, Oral Board of Examination, Competency-Based National Insolvency Examination.

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