#Order
Order extended the stay of proceedings to 20 November 2026.
Source: 2026-10-29 Stay Extension Order
Goodfood Market Corp.
FollowActive
- Proceeding
- CCAACompanies’ Creditors Arrangement Act, RSC 1985, c C-36, as amended
- File
- 500-11-067591-269
- Industry
- Retail · Grocery & specialty food stores
OverviewSummary updated
Goodfood Market Corp. obtained protection under the Companies' Creditors Arrangement Act on 5 August 2026 in the Superior Court of Québec, file 500-11-067591-269, with Raymond Chabot Inc. as monitor. Its unaudited non-consolidated balance sheet as at 5 June 2026 shows assets of $25,478,000 against liabilities of $62,274,000. Unsecured convertible debentures dominate the debt: $29,046,000 remains outstanding on the 2027 series, of an original $30,000,000 principal, and Investissement Québec holds $12,343,000 and a further $10,000,000. Secured claims are comparatively small, led by the Fédération des Caisses Desjardins du Québec at $805,275.00.
Proceedings AIOpen Proceedings AI
Case updates20 dated entries · 4 undated
#Report
Report recorded six binding offers for the GF Business, two revised by 19 October, a winning going-concern offer declared 22 October 2026, and headcount down from 202 to 185.
#Report
Second report reported receipts of $8,397,000 against budget of $8,897,000 and operating disbursements of $9,385,000 against $10,225,000 for the 10 weeks ended 17 October 2026.
#Filing
2026-10-26 Requête pour l'émission d'une ordonnance de prolongation de la suspension (en anglais) — Application / notice of application
#Order
Order approved and ratified the conduct of a sale and investment solicitation process for the GF Business and/or the 164 Shares, with a first-phase deadline of 28 September 2026.
Source: 2026-08-14 Ordonnance du Processus de sollicitation d'investissement et de vente (en anglais)
#Order
Further order granted continuing the proceedings, with the stay period thereafter running to 31 October 2026.
Source: 2026-08-14 Ordonnance initiale amendée et reformulée (en anglais)
#Filing
2026-08-11 Application to (I) Approve a SISP, (II) Approve a KERP and (III) Create a KERP Charge — Application / notice of application
#Order
Raymond Chabot Inc. appointed as Contrôleur aux affaires et aux finances, with Goodfood continuing to operate its business as a going concern.
#Order
Initial order granted under the CCAA in Superior Court file 500-11-067591-269, commencing the proceedings with a stay running to 14 August 2026.
#Filing
2026-08-04 - Application for an Initial Order and an Amended and Restated Initial Order — Application / notice of application
Undated filings4 — no date appears on the document · show
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AnalysisAll insights
Case update
Goodfood: six offers, a going-concern winner and a listing it expects to lose
Goodfood's sale process drew six binding offers, and on October 22 the SISP Team chose one that would acquire the business as a going concern, its buyer and price not yet disclosed. None was conditional on the TSX listing, the monitor reports, and Goodfood expects its shares to be delisted after the sale; the approval hearing is set for November 10.
Guide
What happens to gift cards when a company goes out of business in Canada
When a Canadian store chain files for creditor protection, a court order decides how long its gift cards still work — often about two weeks. What happens after that, and to deposits, refunds, points and bookings, drawn from the 20 retail chains that went to court since 2023.
Filing brief
Goodfood: $43 million of debentures and no interim financing
The Montréal meal-kit company entered CCAA protection on August 5 with about $43 million owing on two series of convertible debentures, $818,595.74 of secured claims in total and no operating line left to draw, and nine days later the court approved a two-track sale process with binding offers due September 28 and no interim lender in it.
Parties
Debtor
Goodfood Market Corp.
Monitor
Raymond Chabot
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Rogers | Superior Court of Québec | 3 orders, Aug 2026 | 16 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorRaymond Chabot | Stikeman Elliott LLP | 11 Aug 2026 | Service list · 11 Aug 2026 |
| DebtorGoodfood Market Corp. | Fasken Martineau DuMoulin LLP | 11 Aug 2026 | Service list · 11 Aug 2026 |
| CreditorFédération des Caisses Desjardins du Québec Valeurs Mobilières Desjardins Inc | McCarthy Tétrault LLP | 11 Aug 2026 | Service list · 11 Aug 2026 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Fédération des Caisses Desjardins du Québec · in 46 casesas of Rapport du 12/08/2026 (Montant déclaré) — Garanti (secured) — debtor: Goodfood Market Corp. | $805K | Goodfood - Liste des créanciers |
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 5 | PMSI / lessors | |||
| 5 | PMSI / lessors | |||
| 5 | PMSI / lessors | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
319 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale processAs stated in the filings
Successful bid selected — On October 22, 2026 the PSIV Team declared one of the offers the winning offer in the GF Process, providing for an acquisition of Goodfood as a going concern, subject to Court approval; definitive documentation is being finalized. Binding offers for the Actions 164 are expected by October 30, 2026.2026-10-27 Deuxième rapport du Contrôleur · 27 Oct 2026
Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing
As at ·
Cumulative receipts
$8.4M
As at 27 Oct 20262026-10-27 Deuxième rapport du Contrôleur
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plansDocuments
22 filings
| Date | Document | File |
|---|---|---|
2026-10-29 Stay Extension Order
| PDF · Subscribers | |
2026-10-27 Second Report of the Monitor (in French)
| PDF · Subscribers | |
2026-10-26 Requête pour l'émission d'une ordonnance de prolongation de la suspension (en anglais)
| PDF · Subscribers | |
| 2026-10-15 Lettre de processus (en anglais) | PDF · Subscribers | |
| Goodfood - Deadline Extension | PDF · Subscribers | |
| 2026-08-14 Order (I) Approving a KERP and (II) Creation a KERP Charge | PDF · Subscribers | |
2026-08-14 Ordonnance initiale amendée et reformulée (en anglais)
| PDF · Subscribers | |
| 2026-08-14 Sale and Investment Solicitation Process Order | PDF · Subscribers | |
GenuineTea_Solicitation Letter
| PDF · Subscribers | |
Goodfood_Solicitation Letter
| PDF · Subscribers | |
| 2028-08-12 First report of the Monitor (in French) | PDF · Subscribers | |
Goodfood - Liste des créanciers
| PDF · Subscribers | |
| 2026-08-11 Application to (I) Approve a SISP, (II) Approve a KERP and (III) Create a KERP Charge | PDF · Subscribers | |
2026-08-11 Liste de notification
| PDF · Subscribers | |
2026-08-05 - Ordonnance initiale (en anglais)
| PDF · Subscribers | |
Goodfood - Avis d'une ordonnance initiale
| PDF · Subscribers | |
| 2026-08-04 - Application for an Initial Order and an Amended and Restated Initial Order | PDF · Subscribers | |
| 2026-08-04 - Report of the Proposed Monitor (in French) | PDF · Subscribers | |
| Goodfood - Creditors' List | PDF · Subscribers | |
| Goodfood - Notice of an Initial Order | PDF · Subscribers | |
| Goodfood - Questions and answers | PDF · Subscribers | |
Goodfood - Questions et réponses
| 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., “Goodfood Market Corp.” (CCAA), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/goodfood-market-corp