Proceedings.

3760626 Canada Inc.

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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
Filings held11
Last activity9 Dec 2024
On the record727 days
OverviewSummary updated

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.

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Case updates11 dated entries
#Sale

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

8 earlier updates, back to 24 September 2024 subscribers.

Parties

Debtor

3760626 Canada Inc.

Proposal trustee

KPMG

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredPANOPLY 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$360KNotice to creditors of Intention to make a proposal (NOI)
42 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

Sale approvedApproval and Vesting Order approving the sale to the PurchaserApproval and Vesting Order · 19 Nov 2024

Parties solicited

45

Second Trustee's Report

PurchaserPriceStatusSource
15897734 Canada Inc.the property set forth in Schedule "A" hereto (the "Purchased Property") · asset sale · agreement 1 Nov 2024not statedApproved19 Nov 2024Approval and Vesting Order
AdvisorsKPMG Inc. (sale agent)First Trustee's Report
Closing termsVesting occurs upon issuance of the Trustee's Certificate; Net Proceeds to be remitted to and distributed by the TrusteeApproval and Vesting Order
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$475K

As at 22 Oct 2024Second Trustee's Report

3 more reported figures, as at 22 Oct 2024Subscribe to view
Documents
11 filings
DateDocumentFile
Notice of Bankruptcy and First Meeting of Creditors
PDF · Subscribers
Certificate of filing (in french)PDF · Subscribers
Approval and Vesting Order
  • Closing terms Vesting occurs upon issuance of the Trustee's Certificate; Net Proceeds to be remitted to and distributed by the Trustee
  • Order date 19 November 2024
  • Purchaser 15897734 Canada Inc. · the property set forth in Schedule "A" hereto (the "Purchased Property") · asset sale · approved
  • Sale outcome Sale approved — Approval and Vesting Order approving the sale to the Purchaser
  • + 1 more extracted fact
PDF · Subscribers
First extension orderPDF · Subscribers
Second Trustee's Report
  • Operational summary 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.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Motion to extend the delay to make a proposal
  • Applicant 3760623 CANADA INC.
  • Appointee KPMG INC.
  • Appointee role trustee
  • Commencement date 24 September 2024
  • + 4 more extracted facts
PDF · Subscribers
Order authorizing and approving a sale and solicitation process and an administrative charge
  • Order date 1 October 2024
  • Presiding officer Registrar Patrick Gosselin
  • Sale outcome Sale process approved — authorizes and approves a sale and solicitation process to market the Debtor's business and related assets
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
First Trustee's Report
  • Operational summary 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.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
Notice to creditors of Intention to make a proposal (NOI)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion for the authorization and approval of a sale and solicitation process and an administrative charge
  • Applicant 3760626 Canada Inc.
  • Appointee KPMG Inc.
  • Appointee role trustee
  • Court SUPERIOR COURT
  • + 3 more extracted facts
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 20 September 2026, https://proceedings.ca/case/3760626-canada-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/3760626-canada-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.