Modernization of Physical Office Requirements for Licensed Insolvency Trustees

The Office of the Superintendent of Bankruptcy (OSB) is seeking input from stakeholders on two potential physical office requirement models for Licensed Insolvency Trustees (LITs): (1) one office per province in which the LIT is licensed to serve that entire province, and (2) a single resident office to serve the entire nation. Details and requirements relating to each of these models, as well as background information and questions to guide your comments can be found on the OSB website at: Public consultations - Office of the Superintendent of Bankruptcy Canada.

Feedback on the preferred model will be critical in determining how the OSB can best continue to promote an environment where LITs provide high quality services while adapting to modern practices.

Please identify the preferred model and provide any additional feedback to OSB Policy and Regulatory Affairs at, by .