Proceedings.

Canada Tire Company Inc. and Canada Supply & Tires NS Inc.

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Active
Proceeding
CCAACompanies' Creditors Arrangement Act, RSC 1985, c C-36
File
500-11-067538-260
Filings held10
Last activity19 Aug 2026
On the record63 days
Secured debt$13.6M
OverviewSummary updated

Canada Tire Company Inc. and Canada Supply & Tires NS Inc. have been under CCAA protection since July 20, 2026, when an initial order was granted with a stay running to July 30, 2026. A further order on July 29, 2026 extended the stay to September 30, 2026, and a bid deadline of September 15, 2026 has been set. Audited entity-level statements for Canada Tire Company Inc. as at December 31, 2025 show total assets of $34,112,000 against total liabilities of $37,852,000, an equity deficit of $(3,739)K; internal unaudited figures as at May 31, 2026 show assets of $26,267K, liabilities of $32,264K and a deficit of $(5,997)K. FGI Financial holds an asset-based operating line secured against accounts receivable and inventory, with $13.6M outstanding as at June 30, 2026 and collections swept daily through a blocked account. The proceeding remains active.

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Case updates11 dated entries

Case update

Canada Tire: sixty thousand tires, and a telex nobody has sent

Nine days into Canada Tire's CCAA, the Monitor reports that 19.7% of the winter tire bookings are unsecured and that containers already owned by the company are sitting at the Port of Vancouver. Justice Castonguay doubled the interim facility and ordered a supplier to keep shipping.

Filing brief

Canada Tire: the year is decided in July

Québec requires winter tires by December 1, so a tire distributor orders its whole season by mid-July. Canada Tire — founded in 1928, run by the founder's great-grandson — spent this July fighting its lender over a $1.25 million overadvance instead, and filed for CCAA protection on the 17th.

Parties

Debtor

Canada Tire Company Inc. and Canada Supply & Tires NS Inc.

Monitor

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CastonguaySuperior Court of Québec3 orders, Jul 2026 – Aug 202624 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorMNPLavery, De Billy, LLP20 Jul 2026Service list · 20 Jul 2026
ApplicantCanada Tire Company Inc. and Canada Supply & Tires NS Inc.Stikeman Elliott LLP20 Jul 2026Service list · 20 Jul 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredFGI FinancialAsset-based operating line of credit secured against accounts receivable and inventory (borrowing base: 90% advance on eligible AR, ~55% on eligible inventory, capped at 300% of eligible AR) — Outstanding amount borrowed per borrowing certificate as at June 30, 2026 was $13.6M (credit availability $14.1M); as at May 31, 2026 outstanding was $14.1M (availability $14.4M). Balance sheet reports 'Secured Operating Line of Credit' of $18,045K at FY25 (Dec 31, 2025) and $13,895K at YTD May 31, 2026 (internal). Lender also controls collections via blocked account/daily cash-sweep mechanism. — debtor: · as of 30 Jun 2026$13.6MPre-Filing Report of the Proposed Monitor
8UnsecuredFGI Worldwide LLC · in 3 casesLarge claim; US-based lender listed as unsecured, no security stated — debtor: Canada Tire Company Inc.$13.5MNotice to Creditors
8UnsecuredNexen Tire CorporationForeign (Korea) creditor — debtor: Canada Tire Company Inc.$10.5MNotice to Creditors
8UnsecuredGoodyear Canada Inc · in 2 casesdebtor: Canada Tire Company Inc.$2.34MNotice to Creditors
8UnsecuredDeldo Autobanden n.v.Foreign (Belgium) creditor — debtor: Canada Tire Company Inc.$2.23MNotice to Creditors
8UnsecuredUnicorn Tire Corporationdebtor: Canada Tire Company Inc.$1.63MNotice to Creditors
8UnsecuredApollo Tires (US) Incdebtor: Canada Tire Company Inc.$827KNotice to Creditors
8UnsecuredEntreprise Robert Thibert Inc · in 2 casesdebtor: Canada Tire Company Inc.$350KNotice to Creditors
8UnsecuredAmerican Kenda Rubber Ind., Co., Ltd.debtor: Canada Tire Company Inc.$332KNotice to Creditors
8UnsecuredClasquin Canada Inc.debtor: Canada Tire Company Inc.$242KNotice to Creditors
8UnsecuredGood To Go Logisticsdebtor: Canada Tire Company Inc.$177KNotice to Creditors
8UnsecuredYes Environmental Services & Solutions Inc.debtor: Canada Tire Company Inc.$160KNotice to Creditors
8UnsecuredStikeman Elliott LLP · in 18 casesLaw firm — debtor: Canada Tire Company Inc.$158KNotice to Creditors
8UnsecuredFinal Mile Logistics Inc.debtor: Canada Tire Company Inc.$112KNotice to Creditors
8UnsecuredRichter · in 2 casesdebtor: Canada Tire Company Inc.$100KNotice to Creditors
8UnsecuredCanpar Express Incdebtor: Canada Tire Company Inc.$98.3KNotice to Creditors
8UnsecuredBusiness Development Bank of Canada (BDC) · in 241 casesCrown corporation lender listed as unsecured; no security stated — debtor: Canada Tire Company Inc.$79.7KNotice to Creditors
8UnsecuredTransport Maritime Service International Limiteddebtor: Canada Tire Company Inc.$72.3KNotice to Creditors
8UnsecuredMillion Deliveries Incdebtor: Canada Tire Company Inc.$55.9KNotice to Creditors
8UnsecuredTransamerica Tire Wholesale Canada Incdebtor: Canada Tire Company Inc.$49.6KNotice to Creditors
8UnsecuredBanque Laurentienne du Canada · in 16 casesListed as unsecured; bank/lender listed with trade creditors, no security stated — debtor: Canada Tire Company Inc.$48KNotice to Creditors
8UnsecuredNCRi (National Credit Recovery Inc.) · in 2 casesdebtor: Canada Tire Company Inc.$45.5KNotice to Creditors
8UnsecuredNorthpoint Commercial Finance · in 5 casesFinance company listed as unsecured; no security stated — debtor: Canada Tire Company Inc.$44.9KNotice to Creditors
8UnsecuredC.A.T. Inc.debtor: Canada Tire Company Inc.$44.7KNotice to Creditors
8UnsecuredBlackhawk Engagement Solutionsdebtor: Canada Tire Company Inc.$41.9KNotice to Creditors
8Unsecured9524-1663 Quebec Incdebtor: Canada Tire Company Inc.$41.6KNotice to Creditors
8UnsecuredMSP Corpdebtor: Canada Tire Company Inc.$40.3KNotice to Creditors
8UnsecuredWorkway Employment Servicesdebtor: Canada Tire Company Inc.$25.1KNotice to Creditors
8UnsecuredMidland Courier · in 6 casesdebtor: Canada Tire Company Inc.$24.2KNotice to Creditors
8UnsecuredNorton Rose Fulbright · in 14 casesLaw firm — debtor: Canada Tire Company Inc.$24KNotice to Creditors
8UnsecuredCanpaco Inc. · in 3 casesdebtor: Canada Tire Company Inc.$23.8KNotice to Creditors
8UnsecuredCamionnage C.P. Inc.debtor: Canada Tire Company Inc.$23.5KNotice to Creditors
8UnsecuredRechapage 2000debtor: Canada Tire Company Inc.$23.4KNotice to Creditors
8UnsecuredLogistique G&H Inc.debtor: Canada Tire Company Inc.$23.3KNotice to Creditors
8UnsecuredMerchful Instant Promotions Inc DBA Whitestonedebtor: Canada Tire Company Inc.$19.8KNotice to Creditors
8UnsecuredEtter + Ramli LLPForeign (Singapore) creditor - law firm — debtor: Canada Tire Company Inc.$17.8KNotice to Creditors
8UnsecuredForetopia, LLCdebtor: Canada Tire Company Inc.$17.4KNotice to Creditors
8UnsecuredTransport Bourret Inc. · in 3 casesdebtor: Canada Tire Company Inc.$16.9KNotice to Creditors
8UnsecuredEnterprise Rent A Car Canada Company · in 8 casesdebtor: Canada Tire Company Inc.$16.8KNotice to Creditors
8UnsecuredFasken Martineau DuMoulin LLP · in 35 casesLaw firm — debtor: Canada Tire Company Inc.$14.8KNotice to Creditors
8UnsecuredWheel Onedebtor: Canada Tire Company Inc.$13.8KNotice to Creditors
8UnsecuredUnited Unloading (Emmanuel Owusu)debtor: Canada Tire Company Inc.$13.6KNotice to Creditors
8UnsecuredWM Quebec Inc. (Waste Management) · in 6 casesdebtor: Canada Tire Company Inc.$13.4KNotice to Creditors
8UnsecuredStewart McKelvey · in 15 casesLaw firm — debtor: Canada Tire Company Inc.$12.5KNotice to Creditors
8UnsecuredOceanex Inc.debtor: Canada Tire Company Inc.$10.1KNotice to Creditors
8UnsecuredBest Way Pro-Can Trucking Services Ltd.debtor: Canada Tire Company Inc.$9.54KNotice to Creditors
8UnsecuredDay & Ross Inc. · in 16 casesdebtor: Canada Tire Company Inc.$9.24KNotice to Creditors
8UnsecuredClassic Courier Services Ltddebtor: Canada Tire Company Inc.$7.74KNotice to Creditors
8UnsecuredCamions Ind. Yale Inc.debtor: Canada Tire Company Inc.$7.57KNotice to Creditors
8UnsecuredLoyal Express Transportdebtor: Canada Tire Company Inc.$7.5KNotice to Creditors
8UnsecuredExpress Employment Professionals · in 3 casesdebtor: Canada Tire Company Inc.$7.49KNotice to Creditors
8UnsecuredLIDD Consultants Inc.debtor: Canada Tire Company Inc.$6.99KNotice to Creditors
8UnsecuredMidland Transport Limited · in 17 casesdebtor: Canada Tire Company Inc.$6.98KNotice to Creditors
8UnsecuredMillenium Expressdebtor: Canada Tire Company Inc.$5.69KNotice to Creditors
8UnsecuredKeypak · in 6 casesdebtor: Canada Tire Company Inc.$5.26KNotice to Creditors
8UnsecuredReceveur General du Canada · in 12 casesFederal government (Receiver General); document does not designate this as a deemed-trust/CRA priority claim, listed among ordinary creditors — debtor: Canada Tire Company Inc.$5.08KNotice to Creditors
8UnsecuredMorneau GEO · in 2 casesdebtor: Canada Tire Company Inc.$4.77KNotice to Creditors
8UnsecuredDelivro - 9129-1013 QC Inc.debtor: Canada Tire Company Inc.$4.75KNotice to Creditors
8UnsecuredLogistic Training Solutionsdebtor: Canada Tire Company Inc.$4.74KNotice to Creditors
8UnsecuredCity of Mount Pearl · in 4 casesMunicipality — debtor: Canada Tire Company Inc.$4.49KNotice to Creditors
8UnsecuredWestern Alliance Logistics · in 3 casesdebtor: Canada Tire Company Inc.$4.48KNotice to Creditors
8UnsecuredPetro-Canada · in 22 casesdebtor: Canada Tire Company Inc.$3.7KNotice to Creditors
8UnsecuredGNK Products Ltddebtor: Canada Tire Company Inc.$3.53KNotice to Creditors
8UnsecuredWatts Leasing Inc.debtor: Canada Tire Company Inc.$3.08KNotice to Creditors
8UnsecuredPaul's Transport Inc.debtor: Canada Tire Company Inc.$3KNotice to Creditors
8UnsecuredMachinerie J.P. Plante Inc.debtor: Canada Tire Company Inc.$2.99KNotice to Creditors
8UnsecuredDe Lage Landen Fin. Serv. Can.debtor: Canada Tire Company Inc.$2.82KNotice to Creditors
8UnsecuredPrest Ltddebtor: Canada Tire Company Inc.$2.82KNotice to Creditors
8Unsecured8394997 Canada Inc. (FPR)debtor: Canada Tire Company Inc. / La Cie Canada Tire inc.$2.53KNotice to Creditors
8UnsecuredMBW Courier Inc. · in 4 casesdebtor: Canada Tire Company Inc.$2.32KNotice to Creditors
8UnsecuredIndustries Martinsdebtor: Canada Tire Company Inc.$2.26KNotice to Creditors
8UnsecuredGLS Logistics Systems Canada Ltd · in 4 casesdebtor: Canada Tire Company Inc.$2.18KNotice to Creditors
8UnsecuredS Numeriquedebtor: Canada Tire Company Inc.$2.06KNotice to Creditors
8UnsecuredAventure Technique Illimiteedebtor: Canada Tire Company Inc.$1.96KNotice to Creditors
8UnsecuredJds Logistics Inc.debtor: Canada Tire Company Inc.$1.96KNotice to Creditors
8UnsecuredRécupération Mario Hartdebtor: Canada Tire Company Inc.$1.72KNotice to Creditors
8UnsecuredPallet Depotdebtor: Canada Tire Company Inc.$1.48KNotice to Creditors
8UnsecuredSMC Monitoring Corporationdebtor: Canada Tire Company Inc.$1.38KNotice to Creditors
8UnsecuredLiftow Limited · in 30 casesdebtor: Canada Tire Company Inc.$1.26KNotice to Creditors
8UnsecuredFinsight Group Incdebtor: Canada Tire Company Inc.$1.2KNotice to Creditors
8UnsecuredIkon Automotive Groupdebtor: Canada Tire Company Inc.$964Notice to Creditors
8UnsecuredBridgestone Canada Inc. - TireConnectdebtor: Canada Tire Company Inc.$903Notice to Creditors
8UnsecuredPrevention Estriedebtor: Canada Tire Company Inc.$837Notice to Creditors
8UnsecuredPaper Plus Moredebtor: Canada Tire Company Inc.$746Notice to Creditors
8UnsecuredImpact Canopies Canada Inc.debtor: Canada Tire Company Inc.$678Notice to Creditors
8UnsecuredTotal Fall Protection Incdebtor: Canada Tire Company Inc.$619Notice to Creditors
8UnsecuredYokohama TWS Canada Inc.debtor: Canada Tire Company Inc.$609Notice to Creditors
8UnsecuredPik-Fast Express Inc. · in 3 casesdebtor: Canada Tire Company Inc.$579Notice to Creditors
8UnsecuredHydro-Quebec · in 36 casesdebtor: Canada Tire Company Inc.$557Notice to Creditors
8UnsecuredQuench Canada · in 12 casesdebtor: Canada Tire Company Inc.$479Notice to Creditors
8UnsecuredPrime Material Handling Equipment Ltddebtor: Canada Tire Company Inc.$476Notice to Creditors
8UnsecuredAstraldebtor: Canada Tire Company Inc.$431Notice to Creditors
8UnsecuredBestway Janitorial Service Incdebtor: Canada Tire Company Inc.$407Notice to Creditors
8UnsecuredM Leblanc Deliveriesdebtor: Canada Tire Company Inc.$390Notice to Creditors
8UnsecuredAmazon.com.ca ULC · in 3 casesdebtor: Canada Tire Company Inc.$374Notice to Creditors
8UnsecuredGFL Environmental Inc · in 25 casesdebtor: Canada Tire Company Inc.$295Notice to Creditors
8UnsecuredGOCO Technology · in 2 casesdebtor: Canada Tire Company Inc.$276Notice to Creditors
8UnsecuredJan-Pro of the Maritimesdebtor: Canada Tire Company Inc.$274Notice to Creditors
8UnsecuredAbell Pest Control Inc. · in 18 casesdebtor: Canada Tire Company Inc.$262Notice to Creditors
8UnsecuredKuehne+Nagel Ltddebtor: Canada Tire Company Inc.$251Notice to Creditors
Sale processAs stated in the filings

Liquidation in progressSISP approved by the court on July 20, 2026, requiring additional time to completeMonitor's First Report · 28 Jul 2026

Estate financialsReported figures — never derived
Total assets at filing$34.1M
Total liabilities at filing$37.9M

As at 31 Dec 2025 · per Audited (FY23-FY25 columns marked 'Audited'; figures in '000$) · Entity-level, Canada Tire Company Inc. (Company) — More recent internal/unaudited YTD figures as at May 31, 2026 show total assets $26,267K and total liabilities $32,264K (equity deficit of $(5,997)K), versus FY25 equity deficit of $(3,739)K.

Documents
10 filings
DateDocumentFile
Order for the Homologation of a Transaction
  • Order date 19 August 2026
  • Presiding officer Justice Martin Castonguay
  • Sealed items Exhibit R-1
PDF
Re-Amended and Restated Initial Order
  • Order date 19 August 2026
  • Stay expiry 30 September 2026
PDF
Amended and Restated Initial Order
  • Order date 29 July 2026
  • Stay expiry 30 September 2026
PDF
Monitor's First Report
  • Sale outcome Liquidation in progress — SISP approved by the court on July 20, 2026, requiring additional time to complete
  • Secured creditors Note: Named on the report's face as "Interim Lender and secured creditor" (para 27) and the "senior secured creditor" (para 51). Pre-filing secured claim amount not stated in this report. FGI is also the Interim (DIP) Lender under the Interim Financing Term Sheet approved in the Initial Order (July 20, 2026); the Application seeks to increase Interim Financing from $1,250,000 to $2,500,000 and the related Interim Lender's Charge from $1,500,000 to $3,000,000 (post-filing DIP financing and court-ordered priming charge, page 4 para 9.b — not a pre-filing balance). FGI consented to the proposed D&O Charge and KERP Charge. · Page: 8 · Debtor: Canada Tire Inc. and Canada Supply & Tire NS Inc. · Creditor: FGI · Currency: CAD · Security: Senior secured lender holding security over the Company's assets, including inventory ("the current secured lender security" / "the Company's senior secured creditor's security")
PDF
Notice to Creditors
  • Unsecured creditors $274 · Page: 8 · Basis: List of Creditors with claims of $250 or more, as reported in CCAA filing · Debtor: Canada Tire Company Inc. · Creditor: Jan-Pro of the Maritimes
PDF
Court Order relating to the Sale or Investment Sollicitation Process (SISP)
  • Bid deadline 15 September 2026
  • Order date 20 July 2026
  • Presiding officer Justice Martin Castonguay
  • Sale advisor Richter LLP (financial advisor)
  • + 1 more extracted fact
PDF
Initial Order
  • Applicant LA CIE CANADA TIRE INC. / CANADA TIRE COMPANY INC. and CANADA SUPPLY & TIRES NS INC.
  • Appointee MNP LTD
  • Appointee role Monitor
  • Commencement date 20 July 2026
  • + 7 more extracted facts
PDF
Service List
  • Counsel Lavery De Billy LLP
PDF
Application for the issuance of a first day Initial Order, an Amended and Restated Initial Order and a SISP Order
  • Bid deadline 15 September 2026
  • Stay extended to 30 September 2026
PDF
Pre-Filing Report of the Proposed Monitor
  • Applicant Canada Tire Inc. and Canada supply & Tire NS Inc.
  • Appointee MNP Ltd
  • Appointee role monitor
  • Court SUPERIOR COURT
  • + 5 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Canada Tire Company Inc. and Canada Supply & Tires NS Inc.” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/canada-tire-company-inc-and-canada-supply-tires-ns-inc

Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/canada-tire-company-inc-and-canada-supply-tires-ns-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.