Accuride Canada Inc
Follow- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-24-00729147-00CL
- Industry
- Manufacturing · Vehicles, parts & aerospace
Accuride Canada Inc. remains in active CCAA proceedings before the Ontario Superior Court of Justice, commenced on October 10, 2024. A list of creditors with claims of $1,000 and more filed in the proceeding identifies steel suppliers as the largest unsecured exposures: ArcelorMittal Dofasco Inc at USD 3,943,127.68, Stelco Inc at USD 3,042,482.60 and Algoma Steel at USD 2,193,962.30. Other substantial unsecured claims include Sherwin Williams Indirect at USD 251,025.91, Manufacturers Life Insurance Company at USD 176,116.95, Select Finishing at USD 172,135.39 and London Hydro at USD 157,380.41. The Receiver General for Canada Revenue Agency is listed as unsecured at USD 62,817.42, and employee amounts are marked confidential. Varilease Finance Inc, at USD 218,592.00, and Linde Canada, at USD 45,406.09, are shown as secured.
A claims procedure has been established — see the order for deadlines.
Per the Notice to Claimant dated 15 October 2025.
The officer filed report no. Eighth Report. The Applicant has concluded its wind-down of operations following an unsuccessful sale process, and the Monitor is now administering the Claims Procedure, pension surplus distribution, and proposed unsecured creditor distributions while seeking a further stay extension to complete the wind-down.
Source: Eighth Report
Endorsement of J Black (re Pension Surplus Distribution & Stay Extension Order) — Endorsement / reasons
The officer filed report no. Seventh Report. The company has ceased business operations and is in an orderly wind-down, shut down its London, Ontario plant, and is realizing residual assets (notably a ~$7.3M net tax refund), administering the claims procedure and distributing surplus from its wound-up defined benefit pension plans. The Monitor seeks approval of the surplus distribution framework and a stay extension to July 31, 2026.
Source: Seventh Report
Motion Record (re Pension Surplus Distribution & Stay Extension Order) — Application / notice of application
Motion Record (re Representative Counsel, Distribution and Extension Order and Claims Procedure Order) — Application / notice of application
Endorsement of J. Black re Expanded Powers, WEPPA and Stay Extension Order — Endorsement / reasons
Motion Record of the Company (re Expanded Powers, WEPPA and Stay Extension Order) — Application / notice of application
Endorsement of J. Black re: Second Amended and Restated Initial Order — Amended and restated initial order
Motion Record of the Company (re Second Amended and Restated Initial Order) — Application / notice of application
Endorsement of J. Black re: Amended and Restated Initial Order — Amended and restated initial order
Compare - Initial Order to Amended and Restated Initial Order — Amended and restated initial order
Guide
What happens to employees when a company goes bankrupt in Canada
When a Canadian employer goes bankrupt or into creditor protection, its workers are owed pay it cannot meet. What ranks first, what the Wage Earner Protection Program pays and how to apply, and what happens to severance, pensions, benefits and jobs when the business is sold, drawn from the court record.
Outcome brief
Accuride Canada: 35 per cent to unsecured creditors, without a plan
Accuride Canada closed its London, Ontario wheel plant in early 2025 after no bidder came for it. On July 31, 2026, Justice Black authorized the monitor to pay $16,540,017 to the holders of 248 proven claims totalling $46,645,912.60, an estimated 35% recovery, under s. 11 of the CCAA and with no plan of arrangement.
Precedent note
Three Ontario insolvency files had to decide who takes the money left in wound-up defined benefit plans. SKD's trustee, discharged in 2016, was reappointed and took 80% of one surplus; DCL's monitor settled for 55% of two; Accuride's monitor had the court approve paying both of its surpluses to the members.
Debtor
Accuride Canada Inc
Monitor
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Black | Ontario Superior Court of Justice | 14 orders, Oct 2024 – Jul 2026 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorPwC | Bennett Jones LLP | 25 Sep 2025 | Service list · 25 Sep 2025 |
| ApplicantAccuride Canada Inc | Kirkland & Ellis LLP · Osler, Hoskin & Harcourt LLP · Young Conaway Stargatt & Taylor LLP | 10 Oct 2024 | Service list · 25 Sep 2025 |
| CreditorArcelorMittal Dofasco G.P | Fasken Martineau DuMoulin LLP | 25 Sep 2025 | Service list · 25 Sep 2025 |
| CreditorChapter 11 Official Committee of Unsecured | Morrison & Foerster LLP | 25 Sep 2025 | Service list · 25 Sep 2025 |
| CreditorGeneral Motors LLC | Borden Ladner Gervais LLP | 25 Sep 2025 | Service list · 25 Sep 2025 |
| CreditorUnifor and its Local 27 | Unifor Legal Department | 25 Sep 2025 | Service list · 25 Sep 2025 |
| CreditorUnifor Local 27 | Koskie Minsky LLP | 23 Mar 2025 | Service list · 25 Sep 2025 |
| CreditorVarilease Finance, Inc | Cassels Brock & Blackwell LLP | 25 Sep 2025 | Service list · 25 Sep 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Varilease Finance Incdebtor: Accuride Canada Inc. | $219K USD | List of Creditors |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
91 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution.EstimatedEighth Report · 24 Jul 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | of proven claims | Estimatedper the monitor | Eighth Report · 24 Jul 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansCash on hand
$17.2M
As at 17 Jul 2026Eighth Report
| Date | Document | File |
|---|---|---|
Distribution and Stay Extension Order
| PDF · Subscribers | |
Endorsement of J Black
| PDF · Subscribers | |
Eighth Report
| PDF · Subscribers | |
| Motion Record of the Monitor | PDF · Subscribers | |
Endorsement of J Black (re Pension Surplus Distribution & Stay Extension Order)
| PDF · Subscribers | |
Pension Surplus Distribution & Stay Extension Order
| PDF · Subscribers | |
| Factum of the Court-Appointed Monitor | PDF · Subscribers | |
| Motion Record (re Pension Surplus Distribution & Stay Extension Order) | PDF · Subscribers | |
Seventh Report
| PDF · Subscribers | |
| Appendix “A”, blank | PDF · Subscribers | |
| Employee Claims Statement | PDF · Subscribers | |
| Instruction Letter | PDF · Subscribers | |
| Notice of Dispute of Employee Claim Statement | PDF · Subscribers | |
| Notice to Claimant | PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
Claims Procedure Order
| PDF · Subscribers | |
Distribution, Stay Extension & Fee Approval Order
| PDF · Subscribers | |
| Factum of the Monitor | PDF · Subscribers | |
| Motion Record (re Representative Counsel, Distribution and Extension Order and Claims Procedure Order) | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Sixth Report | PDF · Subscribers | |
| Proof of Claim form | PDF · Subscribers | |
| WEPP FAQ | PDF · Subscribers | |
Endorsement of J Black (re Stay Extension Order)
| PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
Notice of Appearance of Unifor Local 27
| PDF · Subscribers | |
| Fifth Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Monitor (re Stay Extension) | PDF · Subscribers | |
| Monitor's Certificate (re Expanded Powers) | PDF · Subscribers | |
| Endorsement of J. Black re Expanded Powers, WEPPA and Stay Extension Order | PDF · Subscribers | |
Expanded Powers, WEPPA and Stay Extension Order
| PDF · Subscribers | |
| Factum of the Company | PDF · Subscribers | |
| Fourth Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Company (re Expanded Powers, WEPPA and Stay Extension Order) | PDF · Subscribers | |
Endorsement of J. Black (re Plant Winddown Arrangement Order)
| PDF · Subscribers | |
Plant Winddown Arrangement Order
| PDF · Subscribers | |
| Third Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Company | PDF · Subscribers | |
| Endorsement of J. Black re: Second Amended and Restated Initial Order | PDF · Subscribers | |
Second Amended and Restated Initial Order
| PDF · Subscribers | |
| Factum of the Applicant | PDF · Subscribers | |
| Second Report of the Monitor | PDF · Subscribers | |
| Motion Record of the Company (re Second Amended and Restated Initial Order) | PDF · Subscribers | |
| Notice of Appearance of the Ministry of National Revenue | PDF · Subscribers | |
| Notice of Appearance | PDF · Subscribers | |
Amended and Restated Initial Order
| PDF · Subscribers | |
| Endorsement of J. Black re: Amended and Restated Initial Order | PDF · Subscribers | |
Compare - Initial Order to Amended and Restated Initial Order
| PDF · Subscribers | |
Factum of the Company re (Amended and Restated Initial Order)
| PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
| Notice of Appearance - 1083299 Ontario Inc. | PDF · Subscribers | |
| Notice of Appearance of ArcelorMittal Dofasco G.P. | PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
| Notice to Creditors of CCAA | PDF · Subscribers | |
| Endorsement of J Black (re Initial Order) | PDF · Subscribers | |
| FAQs - Employees | PDF · Subscribers | |
| FAQs - Suppliers | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Application Record of Accuride Canada Inc. | PDF · Subscribers | |
| Factum of Accuride Canada Inc. | PDF · Subscribers | |
| Pre-Filing Report of Proposed Monitor | 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., “Accuride Canada Inc” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/accuride-canada-inc