ANN Canada Inc. and Tween Brands Canada Stores Ltd
Follow- Proceeding
- Proposalsections 64.1, 64.2 and 183 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- File
- 31-2659856
- Industry
- Retail · Apparel, footwear & jewellery retail
ANN Canada Inc. and Tween Brands Canada Stores Ltd are the subject of active Division I proposal proceedings under the Bankruptcy and Insolvency Act in Ontario. A Statement of Affairs (Form 78) for Tween Brands Canada Stores Ltd., stated and estimated as at August 23, 2020, put total assets at CAD 5,986,372.92 against total liabilities of CAD 7,922,378.87, a deficiency of CAD 1,936,005.95. Secured creditors on List B and preferred creditors on List C were both reported as nil. The entity's unsecured creditors are led by parent and affiliated company Tween Brands Inc. at CAD 3,400,657.21, followed by a long roster of shopping-centre landlords, among them Ivanhoe Cambridge II Inc. at CAD 562,524.21, OPGI Mgmt LP at CAD 345,920.79, Scarborough Town Centre at CAD 239,000.64 and Upper Canada Mall at CAD 188,065.92. Amounts owing to employees are marked confidential in the list.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Fourth Report. Tween Canada has ceased operations; all inventory was liquidated, the only remaining asset was cash, and the Trustee is making distributions under the approved Proposal, with a possible voluntary dissolution of the company to follow once distributions are complete.
The officer filed report no. Fifth Report. Ann Canada has fully liquidated its retail store inventory and ceased operations, with no assets of material realizable value remaining; the only remaining asset is cash held by the Trustee for distribution to creditors under the approved Proposal, after which a voluntary dissolution may be pursued.
Motion Record (Tween Canada) - Deadline Extension Order — Application / notice of application
ANN Canada – Notice of Proposal (with Proof of Claim, Proxy and Voting Letter) — Proof of claim (blank form)
Tween Canada – Notice of Proposal (with Proof of Claim, Proxy and Voting Letter) — Proof of claim (blank form)
Debtor
ANN Canada Inc. and Tween Brands Canada Stores Ltd
Proposal trustee
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 4 orders, Mar 2021 – Oct 2021 | 318 cases on record |
| Justice Gilmore | Ontario Superior Court of Justice | 2 orders, Jul 2020 | 68 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteePwC | Norton Rose Fulbright Canada LLP | 10 Dec 2020 | Order · 9 Mar 2021 |
| ApplicantANN Canada Inc. and Tween Brands Canada Stores Ltd | Stikeman Elliott LLP | 24 Jul 2020 | Order · 24 Jul 2020 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | TWEEN BRANDS INC.Parent/affiliated company; possible related party — debtor: Tween Brands Canada Stores Ltd. · as of 23 Aug 2020 | $3.4M | Tween Canada - Notice of Bankruptcy |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
59 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution. Canada Revenue Agency paid in full · Specified Late Filing Creditors a distribution.Under the plan · sanctionedTween Canada - Order Approving Proposal · 10 Dec 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Canada Revenue Agency | — | paid in full | Under the plansanctionedper the proposal trustee | Fifth Report of the Trustee (Ann Canada) · 8 Oct 2021 |
| Preferred | — | — | paid in full | Under the plansanctionedper the proposal trustee | Fifth Report of the Trustee (Ann Canada) · 8 Oct 2021 |
| Unsecured | — | — | a distribution | Under the plansanctionedper the trustee | Tween Canada - Order Approving Proposal · 10 Dec 2020 |
| Unsecured | Specified Late Filing Creditors | asserted | a distribution | Under the plansanctionedper the proposal trustee | Fifth Report of the Trustee (Ann Canada) · 8 Oct 2021 |
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.
1 blurred figure 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 plansAs at ·
Cash on hand
$838K
As at 8 Oct 2021Fourth Report of the Trustee (Tween Canada)
The total 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 |
|---|---|---|
Ann Canada - Deadline Extension Order
| PDF · Subscribers | |
Endorsement of Justice Cavanagh dated October 18, 2021 (Ann Canada and Tween Canada Deadline Extension Order)
| PDF · Subscribers | |
Tween Canada - Deadline Extension Order
| PDF · Subscribers | |
Factum of the Trustee (Deadline Extension Order - Ann Canada and Tween Canada)
| PDF · Subscribers | |
Fifth Report of the Trustee (Ann Canada)
| PDF · Subscribers | |
Fourth Report of the Trustee (Tween Canada)
| PDF · Subscribers | |
| Motion Record (Ann Canada) - Deadline Extension Order | PDF · Subscribers | |
Motion Record (Tween Canada) - Deadline Extension Order
| PDF · Subscribers | |
ANN Canada - Order Approving Proposal
| PDF · Subscribers | |
| ANN Canada – Notice of Proposal (with Proof of Claim, Proxy and Voting Letter) | PDF · Subscribers | |
Tween Canada - Order Approving Proposal
| PDF · Subscribers | |
| Tween Canada – Notice of Proposal (with Proof of Claim, Proxy and Voting Letter) | PDF · Subscribers | |
Trustee’s Report on Preliminary Administration (Ann Canada)
| PDF · Subscribers | |
| Ann Canada - Employees Questions and Answers (FAQ’s) | PDF · Subscribers | |
Ann Canada - Notice of Bankruptcy
| PDF · Subscribers | |
| Ann Canada - Proof of Claim and Proxy Form | PDF · Subscribers | |
| Trustee’s Report on Preliminary Administration (Tween Canada) | PDF · Subscribers | |
| Tween Canada - Employees Questions and Answers (FAQ’s) | PDF · Subscribers | |
Tween Canada - Notice of Bankruptcy
| PDF · Subscribers | |
| Tween Canada - Proof of Claim and Proxy Form | PDF · Subscribers | |
Ann Canada Stay Extension Order
| PDF · Subscribers | |
| Endorsement of J. Dietrich (re Ann Canada Stay Extension Order) | PDF · Subscribers | |
Motion Record of Ann Canada (re Stay Extension)
| PDF · Subscribers | |
| Second Report (Ann Canada) | PDF · Subscribers | |
Ann Canada Consolidation Order
| PDF · Subscribers | |
Tween Canada Consolidation Order
| PDF · Subscribers | |
| Cadillac Fairview | PDF · Subscribers | |
| First Report (Ann Canada) | PDF · Subscribers | |
| First Report (Tween Canada) | PDF · Subscribers | |
Motion Record (Ann Canada)
| PDF · Subscribers | |
Motion Record (Tween Canada)
| 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., “ANN Canada Inc. and Tween Brands Canada Stores Ltd” (Proposal), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/ann-canada-inc-and-tween-brands-canada-stores-ltd