Notices to Licensed Insolvency Trustees

Mandatory implementation of 2-step Verification

As part of our ongoing commitment to securing your account, we are implementing the mandatory use of 2-Step Verification for logging into all OSB online services.

Learn about ISED 's 2-Step Verification to access OSB online services.

 

2024

March 27, 2024
Directive No. 1R8, Counselling in Insolvency Matters

March 26, 2024
Directive No. 11R2-2024, Surplus Income

March 21, 2024
Project on the oversight of National and Multijurisdictional firms

March 15, 2024
New compliance and enforcement updates published on the OSB’s website

March 8, 2024
OSB / Engagement with Indigenous Peoples

February 21, 2024
The OSB Ottawa Division Office is moving!

February 20, 2024
The upcoming fee adjustment as part of the Service Fees Act (2024)

January 26, 2024
CRA Interpretation on the Underused Housing Tax

January 22, 2024
Amendments to BIA forms

2023

December 12, 2023
Directive No. 13R8, Trustee Licensing

December 8, 2023
Kenora court division

December 7, 2023
Position Paper on the Adverse Effects of the Debt Advisory Marketplace on the Insolvency System

November 30, 2023
Update on OSB ’s Bankruptcy and Insolvency Record Search

November 17, 2023
Conditions for jurisdiction extensions and update on licensing requests

November 14, 2023
Consumer Alert—Struggling with debt? Beware of debt-relief scams

November 2, 2023
Update regarding the Underused Housing Tax

October 25, 2023
Reminder regarding the Underused Housing Tax

October 10, 2023
New compliance and enforcement updates published on the OSB’s website

October 3, 2023
Reappointment of Elisabeth Lang as Superintendent of Bankruptcy



Clarification on the treatment of advance payments of the CWB  in an insolvency proceeding


OSB 2022-23 Annual Report

July 24, 2023
Position paper on interpreter services in a summary administration


Temporary service interruption to OSB online applications


Debt Advisory Marketplace / Consumer awareness


Position Paper - Effect of the Annulment of a Notice of Intention to Make a Proposal

June 14, 2023
Ontario Residence Exemption

June 12, 2023
New login process for the Bankruptcy and Insolvency Records Search platform

June 9, 2023
Debt Advisory Marketplace / Lead generators

May 12, 2023
Improper Commissioning of Oaths, Affirmations or Declarations for Affidavits

April 26, 2023
Consultation on the Annual Regulatory Modernization Bill

April 20, 2023
Notice to LITs – Possible service disruptions

April 18, 2023
Annual Banking Report 2023
April 18, 2023
Directive No. 11R2-2023, Surplus Income

April 17, 2023
2023-24 OSB Business Plan

February 3, 2023
Update to the Debt Solutions Portal

February 2, 2023
The Trustee Annual Report will be launched in February 2023


Regulatory Modernization of the Bankruptcy and Insolvency Act under Bill S-6:


The upcoming fee adjustment as part of the Service Fees Act



CAIRP AGM September 2022 – Summary of OSB Presentation


Position Paper / LIT s Promoting and Facilitating Loans to Debtors

2022


Consumer Alert—Debt Help, Tips and Traps


Fall Economic Statement 2022 - Additional Goods and Services Tax Credit Payment


CAIRP Webinar June 2022 – Summary of OSB and CAIRP Presentations


Improving candidates’ chances of success: licensing options pilot project update


Important changes made to the CDIC Act that may impact LIT s


Modernizing Physical Office Requirements


Requirements for extending or transferring a Licensed Insolvency Trustee (LIT) licence


Public Consultation on proposed changes to BIA forms


The OSB Report on 2021-22 Business Plan Priorities


Directive 8R20, the Bankruptcy and Insolvency Act Forms, has been issued


One-Time Grant for Guaranteed Income Supplement


Québec One-time Amount to Mitigate the Increase in the Cost of Living


New login requirements enabled for OSB E-Filing and CCAA online


Regulatory Modernization of the Bankruptcy and Insolvency Act Under Bill S-6


Directive No. 11R2-2022R, Surplus Income


Annual Banking Report 2022


Notice to LIT s regarding Court Documentation associated to CCAA Proceeding


2022-23 OSB Business Plan Priorities


New login requirements for CCAA , E-Filing and IRS and the addition of 2-Step Verification


Publication of the Compliance Promotion Framework


Guidance regarding overpayment of the Canada Emergency Response Benefit


New SRD Type in Form 14 - Administrator’s Statement of Receipts and Disbursements


Directive No. 11R2-2022, Surplus Income


OSB Debt Questionnaire Tool


Extension of Deadline for Submissions on Modernizing Physical Office Requirements for LIT s


Insolvency Counselling Program—Audio version


Notices of Intention and Division I Proposals - Holding Proposals


The upcoming fee adjustment as part of the Service Fees Act


Directive No. 6R5, Assessment Of An Individual Debtor

Updated
Clarifications concerning the application of federal and Quebec pay equity legislation during insolvency or bankruptcy proceedings


CAIRP AGM September 2021 – Summary of OSB Presentation


CAIRP Webinar June 2021 – Summary of OSB and CAIRP Presentations

2021


Modernization of Physical Office Requirements for Licensed Insolvency Trustees


Change in Process to Obtain Court Numbers in the Province of Quebec


Directive No. 6R4, Assessment of An Individual Debtor, and Directive No. 1R7, Counselling in Insolvency Matters


2021 edition of OSB News


Updated Guidance on the Self-identification on the EIS


Opportunities to Enhance the Usefulness of the Insolvency Counselling Sessions


OSB / CAIRP Guide to Promote Diversity and Inclusion


Directive No. 32R, Trustee Electronic Recordkeeping


Directive No. 8R19 and the EIS


Proposed amendments to Directive No. 6R3, Assessment Of An Individual Debtor and Directive No. 1R6, Counselling in Insolvency Matters


Report on 2020-21 Business Plan Priorities


Deemed Annulled Consumer Proposals


Distribution of Post-Filing Interest on Proven Claims


OSB and CAIRP Joint Statement on Representativeness in the LIT profession


Information security in OLAA


Interim Procedure for filing Notices of Hearing with Virtual Hearing Details


Directive No. 5R7, Estate Funds and Banking


Annual Banking Report 2021


Implementation of the Service Fees Act


2021-22 Business Plan Priorities


General Transitional Directive (2021) - Repeal of Directive No. 8R18, The Bankruptcy and Insolvency Act Forms


Directive No. 11R2-2021, Surplus Income


Comprehensive review of directives and regulations under the BIA and the CCAA


Application of the Omnibus Orders


Upcoming fee adjustment as part of the Service Fees Act


Updated MOU between the Superintendent of Bankruptcy and CAIRP


Application of the Omnibus Orders


Proposed Changes to Directive No. 5R6, Estate Funds and Banking


Remote Service Delivery of Assessments

2020


ISED 50 – 30 Challenge


On behalf of Employment and Social Development Canada


Summary of the OSB Presentation at the CAIRP AGM September 2020


Directive 8R18 and an update to the EIS Form - On hold


Form 65


Guidance regarding Canada Recovery Benefits Act


New OLAA BIA Insolvency Counsellor registration tool


Report on 2019-20 Business Plan Priorities


2020-21 Business Plan Priorities


The addition of a PDF version of the Insolvency Counselling Modules


Change to Google’s Advertising Policy


New Position Paper and Updated Omnibus Application Guidance


Reopening of Businesses


CAIRP Webinar June 2020


Bill C-20, An Act respecting further COVID-19 measures


Directive No. 5R6, Estate Funds and Banking


Update on Service Fees Act Implementation


Update: Omnibus Application Guidance


Directive No. 13R7, Trustee Licensing


Superintendent’s Message of March 13, 2020 to LIT s - Update


OSB Temporary Guidance May 8: COVID-19


Annual Banking Report 2020

updated
Omnibus Application Guidance


Provincial and Territorial Court Orders


Court Order Issued by the Ontario Superior Court of Justice


The Superintendent's Omnibus Application


New Technical Instructions and Amended Temporary Guidance


Directive No. 1R6 and accompanying materials


OSB Temporary Guidance March 30: COVID-19

updated
OSB Temporary Guidance March 25: LIT Flexibility during the COVID-19 Pandemic


Changes to Directive No. 28R, Non-Resident Office, and Directive No. 11R2-2020, Surplus Income


Message from the Superintendent to all Licensed Insolvency Trustees


Temporary Guidance for LITs During the COVID-19 Pandemic updated


How the Service Fees Act will impact you


Launch of New Online LIT Directory


The coming into force of Directive No. 1R5

January 20, 2020
Release of Directive No. 22R2

2019

December 24, 2019
Revised Google financial products and services policy – update

December 16, 2019
Revised Google financial products and services policy

November 18, 2019
Release of Amended Directive No. 31R

November 4, 2019
Upcoming fee changes

October 29, 2019
Amendments to the Bankruptcy and Insolvency Act (BIA)

October 28, 2019
Directive No. 1R5, Counselling in Insolvency Matters and accompanying materials

August 6, 2019
Revised Request for Standing Offer

August 6, 2019
Revised Request for Standing Offer

May 1, 2019
Annual Banking Report 2019

April 26, 2019
OSB News—spring 2019 edition

April 1, 2019
Climate Action Incentive payments

March 18, 2019
Directive No. 11R2-2019, Surplus Income

March 4, 2019
GST / HST Credit Payments in Bankruptcy

2018

April 24 , 2018
Insolvency Counsellor Registration Package relating to Directive No. 1R4, Counselling in Insolvency Matters

March 19 , 2018
Directive No. 11R2-2018, Surplus Income

January 29, 2018
Directive No. 1R4, Counselling in Insolvency Matters

2017

October 16, 2017
Public Consultation: Proposed changes to Directive No. 1R3, Counselling in Insolvency Matters

May 4, 2017
Annual Banking Report 2017

April 28, 2017
Report on Licensed Insolvency Trustee business practices in the administration of consumer insolvencies

March 2, 2017
Update and New Measures Regarding Reasonable and Fair Provisions in Consumer Proposals

February 27, 2017
Promotion of Awareness of New Trustee Designation

February 27, 2017
Directive No. 11R2-2017, Surplus Income

January 4, 2017
Notice to Licensed Insolvency Trustees — Update on Directive No. 33, Trustee Designation and Advertising: Are You Compliant?

2016

December 5, 2016
Notice to Licensed Insolvency Trustees — Reasonable and Fair Provisions in Consumer Proposals

November 3, 2016
New consumer brochure: Consumed by Debt?

July 7, 2016
Potential Canada Post service interruption

June 6, 2016
New consumer-oriented videos and website content on insolvency topics

May 25, 2016
Notice to Licensed Insolvency Trustees — Guidance on the Collection and Reporting of Certain Types of Fees

May 25, 2016
Notice to Licensed Insolvency Trustees — Directive 5R5, Estate Funds and Banking

May 2, 2016
Notice to Licensed Insolvency Trustees — Subsection 40(1) of the BIA—Disposal of Unrealizable Property

February 3, 2016
Are you in compliance with the Trustee Designation and Advertising Directive?


 

 

 

2015

 

 

 

December 7, 2015
Directive No. 8R16, The Bankruptcy and Insolvency Act Forms, Directive No. 34, The Bankruptcy and Insolvency Act Licensing Forms, and Directive No. 25R, Realization of Estate Assets

 

 

 

December 2, 2015
Notice to Licensed Insolvency Trustees—Directive No. 33, Trustee Designation and Advertising

 

 

 

September 22, 2015
Status of the New Directive on Trustee Designation and Advertising: Directive No. 29R3

 

 

 

June 17, 2015
Directive No. 13R6—Trustee Licensing

 

 

 

June 8, 2015
Draft Directive 5R5, Estate Funds and Banking

 

 

 

June 1, 2015
Proposed New Directive on Trustee Designation and Advertising:Directive No.  29R3

 

 

 


 

 

 

2014

 

 

 

December 3, 2014
Reminder: E-remittance—Third Phase of Roll-Out (Firm Names N—Z)

 

 

 

October 27, 2014
Industry Canada Statutory Review of Insolvency Laws

 

 

 

September 15, 2014
E-remittance—Third Phase of Roll-Out (Firm Names N—Z)

 

 

 

August 5, 2014
Debtor Compliance Referral Program Made Easier

 

 

 

June 23, 2014
Designated Areas for Remote Assessments

 

 

 


 

 

 

2012

 

 

 

July 11, 2012
Assignments of Creditors' Claims

 

 

 


 

 

 

2011

 

 

 

June 10, 2011
Clarification Note — Mediation under Sections 68 and 170.1 of the Bankruptcy and Insolvency Act

 

 

 

May 31, 2011
Filing and Uploading Documents to the E-Filing System

 

 

 

January 10, 2011
Renewed partnership between the Office of the Superintendent of Bankruptcy and the Royal Canadian Mounted Police

 

 

 

January 5, 2011
Multiple Assignments by Undischarged Bankrupts

 

 

 


 

 

 

2010

 

 

 

November 22, 2010
Monthly Income and Expense Statements

 

 

 

November 1, 2010
Notice of Final Dividend and Application for Discharge of Trustee along with the Statement of Receipts and Disbursements

 

 

 

August 6, 2010
Software Fees

 

 

 

July 23, 2010
The Potential Ineffectiveness of Stop Payment Orders

 

 

 

February 5, 2010
Illegal Soliciting Activity and Rule 49 of the Code of Ethics for Trustees