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ARTICLE · 30 OCTOBER 2025

OSB Issues New Guidance : What Licensed Insolvency Trustees Must Know About AI Tools

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In recognition of the widespread adoption and integration of generative artificial intelligence (AI) within organizations, Canadian regulators, public bodies and courts have and continue to release...

CanadaTechnology
Benjamin Reingold
Benjamin Reingold
Jesse Mighton
Jesse Mighton
Nyrie Israelian
Nyrie Israelian
Shawn Kirkman
Shawn Kirkman
Stephen D. Burns
Stephen D. Burns
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In recognition of the widespread adoption and integration of generative artificial intelligence (AI) within organizations, Canadian regulators, public bodies and courts have and continue to release guidance to mitigate the potential risks of using AI tools. On October 14, 2025, the Office of the Superintendent of Bankruptcy (OSB) published guidance regarding the use of AI tools by Licensed Insolvency Trustees (LITs) and their staff, in efforts to protect the integrity of the Canadian insolvency system (the Guidance).

This blog provides a timely update to our recent blogs, AI in Canada: The Latest from Regulators, Courts and Public Bodies and Requirements and Guidelines From Canadian Regulators, Public Bodies and Courts for the Use of Artificial Intelligence regarding Canadian regulatory guidance on AI usage by individuals and organizations.

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