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The Superintendent of Bankruptcy is a person appointed by the Minister of Industry Canada in Ottawa to supervise the administration of all bankruptcies, receiverships, and other matters to which the Bankruptcy and Insolvency Act applies throughout Canada. The Superintendent is appointed as the senior administrator under the Department of Industry and has an office in Ottawa. The Superintendent’s role is to review and monitor the performance of all trustees across Canada as well as review debtor compliance with the Act, its rules, and directives. The Superintendent can also become involved, where necessary, with the administration of any bankruptcy or receivership estate where there may be reason to believe that there are irregularities, or for the protection of the public.

The Superintendent of Bankruptcy and staff, called the Office of the Superintendent of Bankruptcy (OSB), review the conduct and practice of all licensed trustees and bankrupts. The Office of the Superintendent keeps statistics of all bankruptcies and proposals for Statistics Canada.

The OSB is the official licensing board for trustees in Canada. All candidates and trustees must obtain a licence from the Superintendent’s office before they can administer bankruptcies. The OSB, in conjunction with the Canadian Association of Insolvency and Restructuring Professionals, an association of insolvency professionals throughout Canada, work together in setting up a course for students. Jointly, they prescribe the materials and examinations that a person must perform adequately before a licence is granted. There are both written and oral examinations held at least once a year in major centres across Canada for this purpose. The OSB website is www.ic.gc.ca/eic/site/bsf-osb.nsf/eng/home. The website provides useful information about bankruptcy and insolvency, a trustee directory, resources for additional reading, statistics, and other relevant information. The Superintendent’s contact information is set out in Appendix II.