Tom McElroy

Tom McElroy is Managing Director, Ontario, at Albert Gelman Inc. He brings more than 20 years of experience advising on complex, high-stakes matters. As a Chartered Professional Accountant (CPA, CA), Chartered Business Valuator (CBV), Chartered Insolvency and Restructuring Professional (CIRP), and Licensed Insolvency Trustee (LIT), Tom leads mandates shaped by competing interests, tight deadlines, and significant stakeholder scrutiny.

Tom regularly acts in formal capacities as Proposal Trustee, Receiver, Monitor, Liquidator, and Trustee, and is frequently retained by stakeholders navigating distressed and contentious debt situations. He works with mid-market businesses, their directors and professional advisors, as well as financial institutions—bringing a steady, practical approach to stabilizing matters, advancing negotiations, and moving financially distressed situations to resolution.

Clients and referral partners trust Tom’s practical judgment when pressure runs high. He brings structure to complex files and communicates clearly and directly so stakeholders understand the realities of a situation, the available options, and the path forward. Known for managing both the financial work and the people and expectations that drive outcomes, Tom stays ahead of issues before they escalate, keeps parties informed and aligned, and moves matters forward efficiently. He is also deeply experienced in tax-driven insolvency matters involving the Canada Revenue Agency, helping clients and stakeholders navigate CRA processes with a well-informed, strategic approach.

Tom remains actively engaged in professional education and thought leadership. He speaks regularly on insolvency and restructuring matters, including presentations for CCH Wolters Kluwer, CPA Canada, the Canadian Institute of Chartered Business Valuators (CICBV), and CPA chapters, and has provided commentary in Discussion and Analysis (CPA Canada).