Proceedings.

Great Northern Timber Incorporated et al.

Follow
Closed
Proceeding
CCAACompanies’ Creditors Arrangement Act, R.S.C. 1985, c.C-36, as amended
Court
Supreme Court of Nova Scotia
File
45876, 45877, 45878, 45879, 45880
Industry
Manufacturing · Wood, paper & printing
Filings held95
Last activity9 Jul 2026
On the record622 days
OverviewSummary updated

Great Northern Timber Incorporated, together with Great Northern Timber Int'l Limited, Great Northern Timber Global Limited, Great Northern Timber Resources Inc. and Northern Fibre Terminal Incorporated, filed Notices of Intention to Make a Proposal under the Bankruptcy and Insolvency Act on August 27, 2024, with Ernst & Young Inc. as monitor and the matter proceeding in the Supreme Court of Nova Scotia (In Bankruptcy and Insolvency), Halifax, under court file numbers 45876 through 45880. The vertically integrated forestry group kept its Sheet Harbour chipping and Musquodoboit Harbour pellet operations running while a sale process approved on December 13, 2024 ran to a February 12, 2025 bid deadline. Orders took effect on February 18, 2025, and CCAA proceedings commenced on February 21, 2025. The court officer reported on July 24, 2025 that the Transaction had been completed and all post-filing obligations discharged. The case remains active.

Proceedings AIOpen Proceedings AI⁠
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates96 dated entries
#Report

Reported cash receipts of $2.2 million for the four weeks ended March 28, 2025, about $1.0 million under forecast on weaker pellet and chip sales and an uncollected HST refund, with disbursements $0.2 million favourable.

Source: Second Report of the Monitor

#Report

Recorded continued wood pellet production at Musquodoboit Harbour, sales of pellet inventory including previously segregated HGE-lien pellets, a chip inventory sale from Sheet Harbour, and settlement of a $100,000 deposit dispute, $75,000 to the Company and $25,000 to the counterparty.

Source: First Report of the Monitor

#Order

Great Northern Timber Incorporated et al. — CCAA filed, Nova Scotia.

#Report

Set out projections for the Fourth CF Period of $4.3 million in receipts against $7.5 million in operating disbursements, including $0.5 million of professional costs to complete the NOI administration and conclude the sale process.

Source: Fifth Report of the Trustee

#Report

Report filed ahead of the sale process approval, noting the Pellet Mill and Chip Mill had been maintained in the normal course since the last court appearance.

Source: Fourth Report of the Trustee

#Report

Reported positive net cash flow from operations of approximately $5.8 million from the NOI Filing Date through October 18, 2024, driven by pre-filing receivable and inventory realizations, with chipping temporarily suspended to manage working capital.

Source: Third Report of the Proposal Trustee

#Report

First court officer report of the proceedings, recording that the Company continued to operate both the Chip Mill and the Pellet Mill after the NOI Filing Date on short-term payment terms negotiated with suppliers.

Source: First Report of the Trustee

Parties

Debtor

Great Northern Timber Incorporated et al.

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Registrar BalmanoukianSupreme Court of Nova Scotia8 orders, Sep 2024 – Jan 20253 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorEYStikeman Elliott LLP30 Oct 2024Service list · 30 Oct 2024
DebtorGreat Northern Timber Incorporated et al.Stewart McKelvey30 Oct 2024Service list · 30 Oct 2024
CreditorCanadian Imperial Bank of CommerceCox & Palmer30 Oct 2024Service list · 30 Oct 2024
CreditorCeridian Canada LtdStewart McKelvey30 Oct 2024Service list · 30 Oct 2024
CreditorCWB National Leasing IncStewart McKelvey30 Oct 2024Service list · 30 Oct 2024
CreditorHalifax Grain Elevator LimitedLawson Creamer · Stewart McKelvey30 Oct 2024Application · 10 Feb 2025
CreditorRoyNat IncBoyneClarke LLP30 Oct 2024Service list · 30 Oct 2024
CreditorTD Auto Finance (Canada) IncMcInnes Cooper30 Oct 2024Service list · 30 Oct 2024
CreditorWAJAX LimitedMcInnes Cooper30 Oct 2024Service list · 30 Oct 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
Court-ordered charges
1Court-ordered chargesReceiver's Borrowings Charge — in priority to all security interests, trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, but subordinate in priority to the Receiver's Indemnity Charge, the Administrative Charge a$1.5MReceivership Order
1Court-ordered charges
1Court-ordered charges
1Court-ordered charges
Pre-filing debt
4Secured

4 more claims in 2 classes The stack holds Court-ordered charges and Secured claims.

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Sale processAs stated in the filings

Bid deadline

12 February 2025

SISP Order

RecoveriesAs declared or paid

Unsecured creditors: shortfall. CIBC a distribution · Roynat paid in full.EstimatedSecond Report of the Monitor · 9 Apr 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredCIBCFinalper the monitorThird Report of the Monitor · 24 Jul 2025
SecuredRoynat—paid in fullFinalper the monitorThird Report of the Monitor · 24 Jul 2025
Unsecuredunsecured creditors of the Resource estatelisteda shortfallEstimatedper the monitorSecond Report of the Monitor · 9 Apr 2025

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.

5 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Stikeman Elliott LLP, 26 Aug 2024 – 29 Apr 2025, in feesThird Report of the Monitor · 25 Jul 2025

FirmPeriodHoursFeesRatesSource
Ernst & Young Inc.Monitor——Third Report of the Monitor · 25 Jul 2025
Stikeman Elliott LLPCounsel26 Aug 2024 – 29 Apr 2025Third Report of the Monitor · 25 Jul 2025

5 blurred figures above

What each firm billed — each as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Estate financialsReported figures — never derived

Cumulative receipts

$8.98M

As at 24 Jul 2025Third Report of the Monitor

Cash on hand

As at

Professional fees

As at

2 more reported figures

Each one as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents
95 filings
DateDocumentFile
Termination CertificatePDF · Subscribers
Third Report of the Monitor
  • Operational summary The Company, with the assistance of the Monitor, has successfully completed the Transaction and has discharged all post-filing obligations.
  • Cash on hand · Fee schedule · Professional fees Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Amended and Restated Distribution OrderPDF · Subscribers
Monitor's Certificate Hfx No. 540593PDF · Subscribers
Assignment Order
  • Presiding officer Justice Darlene Jamieson
PDF · Subscribers
Charging OrderPDF · Subscribers
Distribution OrderPDF · Subscribers
Sale Approval and Vesting OrderPDF · Subscribers
Stay Extension Order - Extended to July 31, 2025
  • Stay extended to 31 July 2025
PDF · Subscribers
Affidavit of Cedric W. Burgher (Sworn In-Person)PDF · Subscribers
Affidavit of Cedric W. Burgher sworn on April 9, 2025PDF · Subscribers
Second Report of the Monitor
  • Cash on hand · Operational summary · Professional fees · Receipts cumulative Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Affidavit of Tony Mee sworn April 8, 2025PDF · Subscribers
Draft Approval and Vesting Order
  • Closing terms Vesting of the Purchased Assets in the Purchaser is effective upon delivery of the Monitor's Certificate confirming that the Purchaser has paid, and the Applicants have received, the Cash Portion of the Purchase Price due on the Closing Date, and that the Monitor has received written confirmation from the Purchaser and the Applicants that all conditions of Closing have been satisfied or waived.
  • Purchaser Great Northern Timber Holdings Inc.
  • Sealed items the Purchase Price and the illustrative Purchase Price Allocation Statement as well as the Confidential Supplement
PDF · Subscribers
Draft Assignment Order
  • Court Supreme Court of Nova Scotia
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis Companies' Creditors Arrangement Act, R.S.C. 1985, c.C-36, as amended
PDF · Subscribers
Draft DIP Order
  • Court Supreme Court of Nova Scotia
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Monitor Ernst & Young Inc.
  • Statutory basis Companies' Creditors Arrangement Act, R.S.C. 1985, c.C-36, as amended
PDF · Subscribers
Draft Distribution Order
  • Court Supreme Court of Nova Scotia
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis Companies’ Creditors Arrangement Act, R.S.C. 1985, c.C-36, as amended
PDF · Subscribers
Stay Extension Order - To April 30, 2025
  • Stay extended to 30 April 2025
PDF · Subscribers
First Report of the Monitor
  • Operational summary The Company has also maintained its Pellet Mill and Chip Mill operations in the normal course of business since the last Court appearance date.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Book of AuthoritiesPDF · Subscribers
Draft Order
  • Court Supreme Court of Nova Scotia
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int'l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis Companies' Creditors Arrangement Act, R.S.C. 1985, c.C-36
PDF · Subscribers
Initial CCAA Order
  • Commencement date 27 August 2024
  • Counsel Lawson Creamer
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Monitor Ernst & Young Inc.
  • + 2 more extracted facts
PDF · Subscribers
Ltr to Sarah Gagnon re Hearing February 18, 2025PDF · Subscribers
Pre-Filing Report of the Proposed Monitor
PDF · Subscribers
Affidavit of Veselin MilosevicPDF · Subscribers
Supplemental Affidavit of Veselin MilosevicPDF · Subscribers
Applicant's Book of AuthoritiesPDF · Subscribers
Applicant's Brief re Application for relief under the Companies; Creditors Arrangement ActPDF · Subscribers
Blackline - Draft Initial Order to Model Order
  • Commencement date 27 August 2024
  • Court Supreme Court of Nova Scotia
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int'l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Monitor Ernst & Young Inc.
  • + 2 more extracted facts
PDF · Subscribers
Draft Initial Order
  • Commencement date 27 August 2024
  • Court Supreme Court of Nova Scotia
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Monitor Ernst & Young Inc.
  • + 3 more extracted facts
PDF · Subscribers
Notice of Application in Chambers
  • Counsel Lawson Creamer
PDF · Subscribers
Stay Extension Order - to Febryary 26, 2025
  • Presiding officer Registrar Raffi A. Balmanoukian
  • Stay extended to 26 February 2025
PDF · Subscribers
Draft Stay Extension Order
  • Commencement date 24 January 2025
  • Court Supreme Court of Nova Scotia (In Bankruptcy and Insolvency)
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis s. 50.4(9) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
  • + 1 more extracted fact
PDF · Subscribers
Fifth Report of the Trustee
  • Cash on hand · Operational summary · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
SISP Order
  • Presiding officer Registrar Raffi A. Balmanoukian
  • Break fee Subscribers
PDF · Subscribers
Affidavit of M. Chiasson - SwornPDF · Subscribers
Letter to Registrar - Reply Submissions of GNTIPDF · Subscribers
Supplemental Affidavit of V. Milosevic - SwornPDF · Subscribers
Letter Brief - Response to Third ExtensionPDF · Subscribers
Letter to Registrar Enclosing Response Brief for December 13 MotionPDF · Subscribers
Draft Order - Stay Extension
  • Court Supreme Court of Nova Scotia (In Bankruptcy and Insolvency)
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis s. 50.4(9) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
  • Stay extended to 27 January 2025
PDF · Subscribers
Draft SISP Order
  • Bid deadline 2025-02-12T17:00:00
  • Order date 13 December 2024
  • Break fee Subscribers
PDF · Subscribers
Fourth Report of the Trustee
  • Cash on hand · Operational summary · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Service Order re Schedule A
  • Court Supreme Court of Nova Scotia (In Bankruptcy and Insolvency)
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int'l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Order date 24 September 2024
  • Presiding officer Registrar Raffi A. Balmanoukian
  • + 1 more extracted fact
PDF · Subscribers
Letter to Registrar Enclosing Notice of MotionPDF · Subscribers
Notice of Motion - SgnedPDF · Subscribers
Administrtive Consolidation Order
  • Presiding officer Registrar Raffi A. Balmanoukian
PDF · Subscribers
Payment Into Court Order
  • Presiding officer Registrar Raffi A. Balmanoukian
PDF · Subscribers
Stay Extension Order
  • Presiding officer Registrar Raffi A. Balmanoukian
  • Stay extended to 23 December 2024
PDF · Subscribers
Affidavit of Tony Mae - SwornPDF · Subscribers
Submissions of Companies re CIBC MotionPDF · Subscribers
Affidavit of Gavin MacDonald - Part 1PDF · Subscribers
Affidavit of Gavin MacDonald - Part 2PDF · Subscribers
Amended Notice of Motion
  • Counsel Stewart McKelvey
PDF · Subscribers
Blackline Receivership Order
  • Applicant The Canadian Imperial Bank of Commerce
  • Appointee BDO Canada Limited, LIT
  • Appointee role Receiver
  • Charges Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Consent of ReceiverPDF · Subscribers
Draft Consolidation Order (Revised)
  • Court Supreme Court of Nova Scotia, In Bankruptcy and Insolvency
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
PDF · Subscribers
Draft Order Extending Stay (Revised)
  • Court Supreme Court of Nova Scotia, In Bankruptcy and Insolvency
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis s. 50.4(9) of the Bankruptcy and Insolvency Act, R.S.C., 1985, c. B-3
  • Stay extended to 23 December 2024
PDF · Subscribers
Draft Payment Into Court Order
  • Court Supreme Court of Nova Scotia (In Bankruptcy and Insolvency)
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
PDF · Subscribers
Letter Brief - Receivership CompletePDF · Subscribers
Letter to Registrar BalmanoukianPDF · Subscribers
Order re Sale Approval
  • Court Supreme Court of Nova Scotia, In Bankruptcy and Insolvency
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int'l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Monitor representative Neil Jones
  • Statutory basis Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
PDF · Subscribers
Receivership Order
  • Applicant The Canadian Imperial Bank of Commerce
  • Appointee BDO Canada Limited, LIT
  • Appointee role Receiver
  • Charges Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Service List
  • Counsel McInnes Cooper
PDF · Subscribers
Signed Notice of MotionPDF · Subscribers
Supplemental BriefPDF · Subscribers
Unsworn Affidavit of Stephane PeladeauPDF · Subscribers
Draft Consolidation Order
  • Court Supreme Court of Nova Scotia (In Bankruptcy and Insolvency)
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Order date 6 November 2024
  • Statutory basis Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
PDF · Subscribers
Motion Brief of the CompaniesPDF · Subscribers
Service List and Service Order
  • Counsel McInnes Cooper
PDF · Subscribers
Third Report of the Proposal Trustee
  • Cash on hand · Operational summary · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Service Order
  • Presiding officer Registrar Raffi A. Balmanoukian
PDF · Subscribers
First Stay Extension Order (to November 8, 2024)
  • Stay extended to 8 November 2024
PDF · Subscribers
Letter to Registrar re Motion Scheduled for September 19, 2024PDF · Subscribers
Applicants' Brief - Comeback MotionPDF · Subscribers
Draft Charging Order
  • Court Supreme Court of Nova Scotia, In Bankruptcy and Insolvency
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int'l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Order date 19 September 2024
  • Statutory basis Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, ss. 64.1 and 64.2
PDF · Subscribers
Draft Order Extending Stay
  • Commencement date 27 August 2024
  • Court Supreme Court of Nova Scotia (In Bankruptcy and Insolvency), Division No. 01 - Halifax
  • Debtor names Great Northern Timber Incorporated; Great Northern Timber Int’l Limited; Great Northern Timber Global Limited; Great Northern Timber Resources Inc.; Northern Fibre Terminal Incorporated
  • Statutory basis s. 50.4(9) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
  • + 1 more extracted fact
PDF · Subscribers
Second Report of the Trustee
  • Operational summary The Company continued to operate the Chip Mill and continues to operate the Pellet Mill subsequent to the NOI Filing Date, having negotiated short term payment terms with various suppliers.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Decision Letter – Registrar Balmanoukian
  • Presiding officer Registrar Balmanoukian
PDF · Subscribers
Affidavit of Isabelle Martin - Unsworn
PDF · Subscribers
Affidavit of V. Milosevic - Sworn
PDF · Subscribers
First Report of the Trustee
  • Operational summary The GNT Group operates as a vertically integrated forestry company to harvest, process, manufacture and sell woodchips and biomass for export around the world.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Letter re Brief Emergency Motion
PDF · Subscribers
Letter to Registrar re Emergency Hearing MaterialsPDF · Subscribers
Motion BriefPDF · Subscribers
Notice of Motion
PDF · Subscribers
Great Northern Timber Incorporated
PDF · Subscribers
Great Northern Timber Int'l Limited
PDF · Subscribers
Great Northern Timber Resources Inc
PDF · Subscribers
Northern Fibre Terminal Incorporated
PDF · Subscribers
Great Northern Timber Global LimitedPDF · Subscribers
Great Northern Timber Incorporated 51-3121415PDF · Subscribers
Great Northern Timber Int'l Limited 51-3121421PDF · Subscribers
Great Northern Timber Resources Inc. 51-3121436PDF · Subscribers
Northern Fibre Terminal Incorporated 51-3121442PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Great Northern Timber Incorporated et al.” (CCAA), Supreme Court of Nova Scotia. Retrieved 4 November 2026, https://proceedings.ca/case/great-northern-timber-incorporated-et-al

Recently updated

Giftcraft Holdings, Inc., Ripskirt Hawaii, LLC et al.

Ontario · Receivership (court-appointed)

3 Nov 2026

Transport Bruno Harvey inc.

Quebec · Bankruptcy

3 Nov 2026

Sunshine Oilsands Ltd

Alberta · Receivership (court-appointed)

3 Nov 2026

RSG Law Professional Corporation

Ontario · Receivership (court-appointed)

3 Nov 2026

Sources last checked · summary updated 6 August 2026 · Report a correction · Printed from proceedings.ca/case/great-northern-timber-incorporated-et-al

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.