Proceedings.

Ecolomondo Corporation (TSXV:ECM) and four related entities

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Proceeding
CCAACompanies' Creditor Arrangement Act, RSC 1985. C C-36, as amended
File
500-11-067298-261
Filings held18
Last activity10 Sep 2026
On the record123 days
Secured debt$54.6M
OverviewSummary updated

Ecolomondo Corporation (TSXV:ECM) and four related entities have been under CCAA protection since May 21, 2026, when the initial order was granted with a stay expiring May 29, 2026. Further orders were made on June 1, June 2 and June 22, 2026, with stay periods recorded as extended to June 2, June 19 and August 21, 2026, and stay expiry dates of June 22 and August 26, 2026. A sale process is running, with a Phase 1 bid deadline of August 10, 2026. Audited consolidated figures at December 31, 2025 show total assets of $54,016,440 against total liabilities of $55,529,311, an equity deficit of approximately $1.5 million. Export Development Canada, holding first-ranking security over Ecolomondo Hawkesbury's assets under a guarantee from Ecolomondo Corporation, was owed $54,555,097 as of May 11, 2026.

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Case updates19 dated entries
#Report

The officer filed report no. Third Report. The Debtors' TDP line remains in care and maintenance with limited reignition for SISP demonstrations, an environmental incident (odorous water discharge) at the Hawkesbury facility triggered remediation and MECP involvement, and the Monitor has selected a Successful Bid and is finalizing an APA with a Potential Purchaser.

Source: Third Report of the Monitor

#Report

The officer filed report no. Second Report. The Debtors continue limited operations at the Hawkesbury facility while the TDP line is being transitioned to a care-and-maintenance state due to environmental risks and required capital expenditures, resulting in temporary layoffs of affected employees; the carbon black line remains operational on a limited basis pending the outcome of the SISP.

Source: Second Report of the Monitor

#Report

The officer filed report no. First Report. The Debtors' operations continued in the ordinary course following the Initial Order, while the Monitor conducted a thorough review of the business and worked with the Debtors' engineering team to evaluate operational alternatives, including continuing operations, limiting operations, or care-and-maintenance.

Source: First report of the Monitor

Filing brief

Ecolomondo: the board resigned, so the monitor filed the application

All but one director quit on the morning of the CCAA filing. The last one resigned in the hours after the extension application was served. So the application to extend the stay was brought by KPMG rather than by the debtors — a public company with a tire-pyrolysis plant, hazardous material on site, about $310,000 in the bank, and utilities now asking for deposits.

Parties

Debtor

Ecolomondo Corporation (TSXV:ECM) and four related entities

Monitor

KPMG

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MichelinSuperior Court of Québec2 orders, May 2026 – Jun 20269 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorKPMGMcCarthy Tétrault LLP22 Jun 2026Application · 18 Aug 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale
USD · stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredExport Development Canada · in 99 casesListed as secured; total secured for Ecolomondo Corporation per creditors list update — debtor: Ecolomondo Corporation · as of 15 Jun 2026$54.6MList of creditors
7Preferred (BIA s. 136)Corporation of the Town of HawkesburyMunicipality; possible preferred municipal tax claim, but document lists as unsecured without designation — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$101KList of creditors
8Unsecured3212521 Canada Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$2.6MList of creditors
8UnsecuredLe Groupe Ultragendebtor: Ecolomondo Corporation · as of 15 Jun 2026$466KList of creditors
8UnsecuredFIRST Insurance Funding of Canada · in 12 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$395KList of creditors
8UnsecuredAlfa Laval Inc. · in 3 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$186KList of creditors
8UnsecuredHydrocam /11974904 Canada Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$104KList of creditors
8UnsecuredCanadian Imperial Bank of Commerce · in 67 casesBank listed as unsecured creditor — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$60KList of creditors
8UnsecuredScotiabank · in 54 casesBank listed as unsecured creditor — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$60KList of creditors
8UnsecuredTank Truck Transport Incdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$45.4KList of creditors
8UnsecuredVerSpec Valve Moyan Co., Ltd.Address in China — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$41.1KList of creditors
8UnsecuredHydro Hawkesbury Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$36.6KList of creditors
8UnsecuredMajestique Carbon LLPAddress in India — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$33.8KList of creditors
8UnsecuredForvis Mazars LLPdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$30.2KList of creditors
8UnsecuredFundamental Research Corp.debtor: Ecolomondo Corporation · as of 15 Jun 2026$29.2KList of creditors
8UnsecuredBest Access Doors Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$29.2KList of creditors
8Unsecured9491-0239 Québec Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$24.1KList of creditors
8UnsecuredCraft Capital Management LLCdebtor: Ecolomondo Corporation · as of 15 Jun 2026$20.7KList of creditors
8UnsecuredEnbridge Gas Inc. · in 21 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$16.6KList of creditors
8UnsecuredUnifirst Canada LTD · in 10 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$15.9KList of creditors
8UnsecuredITM Instruments Inc. · in 10 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$12.6KList of creditors
8UnsecuredAir Liquide Canada Inc. · in 78 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$11.9KList of creditors
8UnsecuredTawell Equipements Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$11.8KList of creditors
8UnsecuredRitcher S.E.N.C.R.L./LLPdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$11.3KList of creditors
8UnsecuredAAC Industrialdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$10.5KList of creditors
8UnsecuredGS Electricdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$10.2KList of creditors
8UnsecuredChatham Precisiondebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$9.78KList of creditors
8UnsecuredSCS Global Services · in 4 casesAddress in USA — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$7.77K USDList of creditors
8Unsecured4136527 Canada Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$6.93KList of creditors
8UnsecuredHose Canadadebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$6.79KList of creditors
8UnsecuredCargo Deck Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$6.65KList of creditors
8UnsecuredAcier Duval Steel Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$6.58KList of creditors
8UnsecuredMain Industrial Sales Ltd. · in 2 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$6.14KList of creditors
8UnsecuredCamfil Canada Inc. · in 5 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$5.89KList of creditors
8UnsecuredPaul Benwelldebtor: Ecolomondo Corporation · as of 15 Jun 2026$5.75KList of creditors
8UnsecuredSequoia Corporatedebtor: Ecolomondo Corporation · as of 15 Jun 2026$4.78KList of creditors
8Unsecured632582 Ontario Ltd (Brian's Mechanical)debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$4.64KList of creditors
8UnsecuredTenaquip Limited · in 15 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$4.3KList of creditors
8UnsecuredMario MantaciIndividual creditor — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$4.18KList of creditors
8UnsecuredRaymond Chabot Grant Thornton · in 56 casesdebtor: Ecolomondo Corporation · as of 15 Jun 2026$3.71KList of creditors
8UnsecuredS & L WasteTech Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$2.73KList of creditors
8UnsecuredTrans-pro Logistics Inc. · in 5 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$2.41KList of creditors
8UnsecuredTherrien Couture Joilicoeurdebtor: Ecolomondo Corporation · as of 15 Jun 2026$2.39KList of creditors
8UnsecuredMI3 Communications Financieres Incdebtor: Ecolomondo Corporation · as of 15 Jun 2026$2.3KList of creditors
8UnsecuredLiftech Manutention Inc. · in 2 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$2.01KList of creditors
8UnsecuredPinacle Acier Inoxydable Inc. · in 3 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1.92KList of creditors
8UnsecuredReftech International Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1.75KList of creditors
8UnsecuredHarikrishna MynampatiIndividual creditor — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1.35KList of creditors
8UnsecuredAll Custom Gasket & Materials Limiteddebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1.23KList of creditors
8UnsecuredDefinite Image Productionsdebtor: Ecolomondo Corporation · as of 15 Jun 2026$1.04KList of creditors
8UnsecuredMoteurs Électrique Laval Ltéedebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$981List of creditors
8UnsecuredTrek Manutention Inc. · in 2 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$914List of creditors
8UnsecuredManulift E.M.I. Ltéedebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$913List of creditors
8UnsecuredUAP Inc. · in 9 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$889List of creditors
8UnsecuredPME Telecom Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$755List of creditors
8UnsecuredComputershare · in 36 casesdebtor: Ecolomondo Corporation · as of 15 Jun 2026$748List of creditors
8UnsecuredTranselem Industries Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$747List of creditors
8UnsecuredRMH Industries Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$681List of creditors
8UnsecuredTriluxdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$524List of creditors
8UnsecuredCristill Rock Pure Water (2020) Ltd.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$419List of creditors
8UnsecuredChamplain Fire Protectiondebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$345List of creditors
8UnsecuredGeneral Bearing Service · in 5 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$257List of creditors
8UnsecuredK2 SYSTEMS INC. · in 2 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$199List of creditors
8UnsecuredTelebec S.E.C. · in 3 casesdebtor: Ecolomondo Corporation · as of 15 Jun 2026$111List of creditors
8UnsecuredGlobe Mobilité · in 2 casesdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$67List of creditors
8UnsecuredFedEx Logistics Canadadebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$61List of creditors
8UnsecuredBay Brokerage Inc. · in 3 casesAddress in USA; currency of listed amount uncertain, table header states CA$ — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$59 USDList of creditors
8UnsecuredAssurances Provencher Verreaultdebtor: Ecolomondo Corporation · as of 15 Jun 2026$1List of creditors
8UnsecuredMicha Usinage Express Incdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1List of creditors
8UnsecuredHKM Circular Ventures Inc.debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1List of creditors
8UnsecuredFCA Légal LLPdebtor: Ecolomondo Corporation · as of 15 Jun 2026$1List of creditors
8UnsecuredHugo MorinIndividual creditor — debtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1List of creditors
8UnsecuredAlarme A. Pronovost - 9401-1293 QCdebtor: Ecolomondo Environmental (Hawkesbury) inc. · as of 15 Jun 2026$1List of creditors
Sale processAs stated in the filings

Successful bid selectedMonitor has selected a Successful Bid and is finalizing the APA; transaction not yet before the Court for approvalThird Report of the Monitor · 10 Sep 2026

PurchaserPriceStatusSource
Successful Bid selected; APA being finalized, purchaser referred to as 'Potential Purchaser'the assets · asset salenot statedProposedoutside 22 Oct 2026Third Report of the Monitor
AdvisorsKPMG Corporate Finance Inc. (sale agent)Third Report of the Monitor
Estate financialsReported figures — never derived
Total assets at filing$54M
Total liabilities at filing$55.5M

As at 31 Dec 2025 · per audited consolidated balance sheet, book value · consolidated - Ecolomondo Group — As at December 31, 2025, total assets book value ~$54 million (current assets ~$0.6 million, long-term assets ~$53.4 million); total liabilities ~$55.5 million including long-term debt of $47,509,209; deficit of approximately $1.5 million.

Cumulative disbursements

$1.63M

As at 1 Jun 2026First report of the Monitor

Cash on hand

$505K

As at 10 Sep 2026Third Report of the Monitor

Professional fees to date

$625K

As at 10 Sep 2026Third Report of the Monitor

Documents
18 filings
DateDocumentFile
Third Report of the Monitor
  • Cash on hand $505K · Note: Approximately $351,000 higher than forecast · As at: 2026-09-06 · Qualifier: approximately
  • Operational summary The Debtors' TDP line remains in care and maintenance with limited reignition for SISP demonstrations, an environmental incident (odorous water discharge) at the Hawkesbury facility triggered remediation and MECP involvement, and the Monitor has selected a Successful Bid and is finalizing an APA with a Potential Purchaser.
  • Professional fees $625K · Note: This is a forecast figure from the Updated Cash Flow Forecast, not an actual incurred amount; total professional fees through completion of proceedings forecasted at approximately $860,000, with some fees to be paid from net closing proceeds of the Transaction and excluded from the forecast. · Party: Monitor, Monitor's legal counsel, Debtors' legal counsel, Debtors' regulatory legal counsel, and Lender's legal counsel · Period: September 7, 2026 to November 1, 2026 (forecast)
  • Purchaser Successful Bid selected; APA being finalized, purchaser referred to as 'Potential Purchaser' · the assets · asset sale · proposed
  • + 4 more extracted facts
PDF
Service list 2026-08-26
  • Counsel McCarthy Tétrault LLP
PDF
Application for the Issuance of an Order Extending the Stay of Period
  • Bid deadline 24 August 2026
  • Counsel McCarthy Tétrault LLP
  • Phase1 deadline 10 August 2026
  • Secured creditors $3M · Note: DIP Charge increased from initial $360,000 (First Day Initial Order) to $3,000,000 upon Second ARIO; DIP Facility limit increased from $300,000 to $2,500,000 (A&R DIP Facility) - these are facility/charge ceilings, not outstanding balances · Page: 3 · As of: Second ARIO (June 22, 2026) · Debtor: Ecolomondo Corporation and affiliated Debtors · Creditor: Export Development Canada · Security: Super-priority DIP Charge over Debtors' assets securing repayment under the A&R DIP Term Sheet (A&R DIP Facility up to $2,500,000); ranks in priority over all charges and claims except the Administration Charge
  • + 1 more extracted fact
PDF
Project EcoLoop Teaser
  • Sale advisor KPMG Corporate Finance inc. (financial advisor)
  • Sale outcome Marketed — Sale and Investment Solicitation Process underway; parties invited to sign NDA for more information
PDF
SISP Order
  • Bid deadline 10 August 2026
  • Outside date 22 October 2026
  • Sale advisor KPMG Corporate Finance Inc. (financial advisor)
  • Sale outcome Sale process approved — SISP Procedures approved for solicitation of transaction alternatives regarding the Debtors' business/assets
PDF
Second Amended and Restated Initial Order
  • Order date 22 June 2026
  • Stay expiry 26 August 2026
PDF
Service list
  • Counsel McCarthy Tétrault LLP
PDF
Second Report of the Monitor
  • Cash on hand $318K · Note: Approximately $82,000 higher than forecast as at that date · As at: 2026-06-14 · Qualifier: approximately
  • Operational summary The Debtors continue limited operations at the Hawkesbury facility while the TDP line is being transitioned to a care-and-maintenance state due to environmental risks and required capital expenditures, resulting in temporary layoffs of affected employees; the carbon black line remains operational on a limited basis pending the outcome of the SISP.
  • Professional fees $1.08M · Note: This is a forecast disbursement figure in the Updated Cash Flow Forecast, not an actual fee incurred to date · Party: Monitor, Monitor's legal counsel, Debtors' legal counsel, Debtors' regulatory legal counsel, and the Interim Lender's legal counsel · Period: 10-week Forecast Period, June 15, 2026 to August 23, 2026
  • Report date 19 June 2026
  • + 3 more extracted facts
PDF
Application for the Issuance of a Second Amended and Restated Initial Order, a SISP Order, and Ancillary Relief
  • Bid deadline 10 August 2026
  • Phase1 deadline 10 August 2026
  • Stay extended to 21 August 2026
PDF
List of creditors
  • Secured creditors $54.6M · Note: Listed as secured; total secured for Ecolomondo Corporation per creditors list update · Page: 1 · As of: 2026-06-15 · Debtor: Ecolomondo Corporation · Creditor: Export Development Canada
  • Unsecured creditors $981 · Page: 2 · As of: 2026-06-15 · Basis: Creditors List Updated on June 15, 2026 · Debtor: Ecolomondo Environmental (Hawkesbury) inc. · Creditor: Moteurs Électrique Laval Ltée
PDF
Amended and Restated Initial Order
  • Order date 2 June 2026
  • Stay expiry 22 June 2026
PDF
First report of the Monitor
  • Cash on hand $310K · Note: Closing cash for the actual 3-day reporting period ended May 24, 2026. · As at: 2026-05-24
  • Disbursements $1.63M · Note: Figures reported in $000s CAD; total disbursements for the 3-day reporting period. · Since: May 21, 2026 (Filing Date) to May 24, 2026
  • Financial position Assets $54M · Liabilities $55.5M · as at 31 Dec 2025 · per audited consolidated balance sheet, book value · consolidated - Ecolomondo Group — As at December 31, 2025, total assets book value ~$54 million (current assets ~$0.6 million, long-term assets ~$53.4 million); total liabilities ~$55.5 million including long-term debt of $47,509,209; deficit of approximately $1.5 million.
  • Operational summary The Debtors' operations continued in the ordinary course following the Initial Order, while the Monitor conducted a thorough review of the business and worked with the Debtors' engineering team to evaluate operational alternatives, including continuing operations, limiting operations, or care-and-maintenance.
  • + 2 more extracted facts
PDF
Order extending the stay of proceedings
  • Order date 1 June 2026
  • Presiding officer Justice Janet Michelin
  • Stay extended to 2 June 2026
PDF
Monitor's Application for an extension of the Stay of Period and for an Amended and Restated Initial Order
  • Stay extended to 19 June 2026
PDF
Notice to creditors of the Initial OrderPDF
Initial order
  • Appointee KPMG INC.
  • Appointee role Monitor
  • Commencement date 21 May 2026
  • Court SUPERIOR COURT (Commercial Division)
  • + 6 more extracted facts
PDF
Pre-Filing Report of the Proposed Monitor
  • Appointee KPMG INC.
  • Appointee role Proposed Monitor
  • Court SUPERIOR COURT
  • Court file no 500-11-
  • + 4 more extracted facts
PDF
Application for an Initial Order and for an Amended and Restated Initial Order
  • Stay extended to 19 June 2026
PDF

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

CiteProceedings., “Ecolomondo Corporation (TSXV:ECM) and four related entities” (CCAA), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/ecolomondo-corporation-tsxv-ecm-and-four-related-entities

Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/ecolomondo-corporation-tsxv-ecm-and-four-related-entities

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.