3760626 Canada Inc.
- Proceeding
- NOISections 64.2, 65.13 and 183 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- File
- 500-11-064695-246
3760626 Canada Inc. filed a Notice of Intention to Make a Proposal, attaching a preliminary list of creditors with claims of $250 or more as of September 24, 2024. The list names more than forty unsecured creditors, the largest being Panoply Media Innovation Inc. at $360,227.81 CAD, followed by Rogers Media Inc. at $142,664.51 CAD, Pattison Outdoor Advertising LP at $142,099.11 CAD, and Noise Digital Inc. at $131,920.48 CAD. Other listed creditors include Facebook Inc., Bell Media Inc., Groupe TVA Inc., La Presse, Postmedia Network Inc., MNP LLP, Richter Inc., and Osler, Hoskin & Harcourt LLP, alongside U.S.-based digital platforms billed in U.S. dollars, including Grindr LLC, Xandr Inc. and Reddit, Inc.
The court granted an approval and vesting order for the sale to 15897734 Canada Inc. Closing terms, as extracted: Vesting occurs upon issuance of the Trustee's Certificate; Net Proceeds to be remitted to and distributed by the Trustee.
Source: Approval and Vesting Order
The officer filed report no. Second Report. The Debtor has continued to operate its digital platform/technology business since the NOI filing, with a Sale and Solicitation Process underway and 45 parties solicited; the company retains 28 employees needed to complete current contracts.
Source: Second Trustee's Report
The court approved a sale and investment solicitation process.
Source: Order authorizing and approving a sale and solicitation process and an administrative charge
The officer filed report no. First Report. The Business continues to operate at a reduced scale following cost-cutting measures (subletting the Toronto office, layoffs) while pursuing a restructuring and sale/solicitation process for the business as a going concern.
Source: First Trustee's Report
Motion for the authorization and approval of a sale and solicitation process and an administrative charge — Application / notice of application
Debtor
3760626 Canada Inc.
Proposal trustee
KPMG
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | PANOPLY MEDIA INNOVATION INC.Same address as debtor (700-1435 rue St-Alexandre, Montréal) - possibly related entity — debtor: 3760626 Canada Inc. · as of 24 Sep 2024 | $360K | Notice to creditors of Intention to make a proposal (NOI) |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
42 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale approved — Approval and Vesting Order approving the sale to the PurchaserApproval and Vesting Order · 19 Nov 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 15897734 Canada Inc.the property set forth in Schedule "A" hereto (the "Purchased Property") · asset sale · agreement 1 Nov 2024 | not stated | Approved19 Nov 2024 | Approval and Vesting Order |
As at ·
Cumulative receipts
$475K
As at 22 Oct 2024Second Trustee's Report
Cumulative disbursements
As at
Cash on hand
As at
2 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
| Certificate of filing (in french) | PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
| First extension order | PDF · Subscribers | |
Second Trustee's Report
| PDF · Subscribers | |
Motion to extend the delay to make a proposal
| PDF · Subscribers | |
Order authorizing and approving a sale and solicitation process and an administrative charge
| PDF · Subscribers | |
First Trustee's Report
| PDF · Subscribers | |
Notice to creditors of Intention to make a proposal (NOI)
| PDF · Subscribers | |
Motion for the authorization and approval of a sale and solicitation process and an administrative charge
| PDF · Subscribers | |
| Certificate of the Notice of Intention to make a Proposal (NOI) | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “3760626 Canada Inc.” (NOI), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/3760626-canada-inc