Membership Guidelines & Application Form for Full Membership

The application process opens annually between February and mid-April.

The Application Process for 2026 is now closed. The deadline for membership application submissions was midnight Friday, April 10th. Late applications will not be accepted. The Application Process for 2027 will open in February 2027.

Individuals interested in seeking membership in the IIC must download the full application form in PDF and email it to the executive director.

  • If you are applying offline, please send all files as a single PDF.
  • Please read the Membership Guidelines in full to ensure you meet the criteria for membership prior to applying.

How To Apply

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Step 1: Download and read the Membership Guidelines.

Step 2: Download and complete the Membership Application – Fillable PDF. Applicants can attach information as a separate document if the fields on the PDF are not sufficiently large enough for all the text.

Step 3: Send all files in a single PDF to the executive director. 

  • A confirmation of receipt email will be sent to you within 5 business days. If you have not heard from the IIC within this time frame, please contact us to inquire on the status of your application.
  • NOTE: Sponsors cannot be firm partners, members of the IIC Board of Directors, or members of the Regional or National Membership Committees. 

Former Applicants:

Former applicants have the option to carry forward their application on file for up to two additional years. 

It is highly recommended that former applicants update and resubmit their application by the specified deadline. It is incumbent upon the individual to ensure they inform the IIC if they wish to roll their application forward or that they will be submitting updated materials by the deadline.

Unsuccessful Applicants for Three Consecutive Years:

If an individual has applied unsuccessfully for three consecutive years, a new application will be required. This new application should include updated sponsors.

Please note that sponsors cannot be firm partners, members of the IIC Board Directors, or members of the Regional or National Membership Committees.

Academic Membership Applications

An Academic Member may apply for membership by the annual deadline with the submission of a CV demonstrating they meet the requirements of membership. Please read the requirements before applying.

How to Apply

Step 1: Read the Academic Membership Requirements.

Step 2: Submit your CV to the executive director. 

  • Please send all files as a single PDF.  

Classes of Membership 

Any lawyer who is a member in good standing of the law society of any province or territory in Canada for  at least 10 years, whose principal activity has been primarily in the area of commercial insolvency law, and who meets the Membership Admission Standards; or

Any accountant, trustee or financial advisor who has practiced principally in the area of commercial insolvency; and who either (a) has held the designation of a licensed insolvency trustee (LIT) or other appropriate designation for at least 10 years or (b) has been involved in the insolvency field for at least 10 years, and who meets the Membership Admission Standards.

Members Emeritus shall be members of the Institute who are designated as such by the Board of Directors as a result of any of the following:

  1. Retirement from an active commercial restructuring and insolvency practice. It is incumbent upon the Emeritus Member to inform the IIC when they retire.
  2. A significant reduction in the member’s participation in insolvency and restructuring matters.
  3. The member attaining the age of 60 years.

For the purposes of membership in the Academic Member category, an academic is someone who is not a practitioner in the field, but is actively involved in teaching, researching, and publishing on commercial restructuring and insolvency issues and cases. Academic membership shall be capped at a maximum 5% of the Regular membership.  Academic Members recommended for admission by the NMC, may be admitted to the Institute by resolution of the Board. 

  1. An Academic Member may apply for membership with the submission of a CV to the NMC demonstrating they meet the requirements of membership;
  2. Academic Members will be admitted to membership for a five-year renewable term commencing at the next Annual General Meeting (AGM) after their admission. To retain membership, Academic Members are required to demonstrate their continued active involvement in teaching, researching, and publishing on commercial restructuring and insolvency issues and cases;
  3. An Academic Member may attend Institute conferences and other events subject to the requirement to pay the normal registration and other fees payable by Regular Members.  Academic Members shall not have the right to vote at any Meeting of Members, to serve on Committees as a voting Member or to be a Director of the Institute;
  4. Annual Membership fees are waived for Academic Members but may be established from time to time by the Board
  5. Academic Members are required to inform the Board and step down from membership should they no longer be actively involved in teaching, researching, and publishing on commercial restructuring and insolvency issues and cases;
  6. An Academic Member must contribute at least one (1) paper to the IIC Journal or undertake a significant project, as approved by the Board, within each five (5) year term;
  7. Co-Editors of the IIC Journal shall be admitted under the Academic membership category but are not included in the 5% of Regular Membership cap. Co-Editors are not required to contribute a paper to the IIC Journal or undertake a significant project during their term as a Co-Editor. Co-Editors must serve on the Editorial Advisory Committee for the length of their contract. Upon completion of their contract as a Co-Editor, they are subject to all terms and conditions of Academic membership.

Financial institutions, regulatory bodies or depositor compensation corporations may be given an opportunity to have a representative in the membership. The decision about Financial Institution and Regulatory members rests with the Board.

  1. Financial Institution and Regulatory members shall have all the rights and privileges of members of the Institute subject to the following provision:
  2. Upon retirement or change of position a successor from the same financial institution, regulatory body or depositor compensation corporation may be considered for membership by the Board.

The Board of Directors may designate one or more members from any category of membership who meet the following criteria as a Fellow of the Insolvency Institute of Canada. Read more about our FIIC designation and meet our FIICs here.

A person may be admitted to honorary membership in the Institute from time to time by resolution of the Board. Read more about our Honorary Member designation and meet our Honorary Members. 

Non-Traditional members are defined as others with interests and substantial experience in the fields of insolvency and restructuring and may be admitted to membership in the Institute by resolution of the Board. These Non-Traditional members shall have all the rights and privileges of members of the Institute.