LaSalle College
- Proceeding
- CCAALoi sur les arrangements avec les créanciers des compagnies, L.R.C. 1985, ch. C-36
- File
- 500-11-067703-260
LaSalle College obtained an initial order under the Companies' Creditors Arrangement Act from the Superior Court of Québec on August 24, 2026, on the application of Collège LaSalle, with a controller appointed and the stay of proceedings running to September 3, 2026. The order rests on articles 9, 10, 11, 11.02, 11.03, 11.2, 11.4, 11.51, 11.52, 11.7 and 23 of the Act. The creditors' list reported as of the same date shows the Ministère de l'Enseignement Supérieur as the largest unsecured claim at $47,205,060, student deposits of $5,142,155, Google Regular at $1,612,132 and 8601062 Canada Inc. (LCI Capital), a possible related party, at $1,547,277. Claims of the Agence de Revenu du Canada, Revenu Québec, employees, CNESST and Hydro-Québec are carried at nominal amounts. The proceedings remain active.
Application for Leave to Appeal from a Final Judgment (French Original Version) — Application / notice of application
The controller's third report put cash at $5.4 million as at September 19, 2026, $627,000 above the Second Cash Flow Statement, and tied continuity to an unconcluded Groupe LCI financing agreement with its banking syndicate.
On September 3, 2026 the Superior Court of Québec extended the stay of proceedings to September 24, 2026.
Source: Amended and Restated Initial Order (French Original Version)
Superior Court of Québec granted Collège LaSalle CCAA protection, appointing a controller and staying proceedings until September 3, 2026 under articles 9 through 23 of the Act.
Application for the Issuance of an Initial Order, an Amended and Restated Initial Order and Other Ancillary Relied (French Original Version) — Amended and restated initial order
Case update
Collège LaSalle: Quebec gets leave to appeal the full-allocation order
On October 6 Justice Alexandre Boucher of the Quebec Court of Appeal gave the Attorney General leave to appeal the order that the government pay Collège LaSalle its full $31.8 million 2026-2027 initial allocation without set-off, finding the appeal raises questions on a CCAA judge's powers with respect to the State's prerogatives in managing and allocating public funds.
Filing brief
Collège LaSalle: back in class, as Quebec signals an appeal
Collège LaSalle asks the Superior Court to extend its CCAA stay to October 30 and to grant a $1.5 million directors' charge, the same day it learned the Attorney General of Quebec intends to seek leave to appeal the September 3 order that funds its year; the monitor recommends the relief, and its eight-week forecast ends with $253,000 in the bank.
Filing brief
Collège LaSalle: the order the monitor would not endorse
On September 3 the Superior Court ordered the Government of Quebec to pay Collège LaSalle the full $31.8 million of its 2026-2027 initial allocation with no withholding, deduction or set-off against the $47 million the province says the college owes it — relief the monitor declined to recommend, having told the court it would build a fresh multi-million-dollar debt the college has not shown it can repay.
Debtor
LaSalle College
Monitor
Deloitte
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Rogers | Superior Court of Québec | 2 orders, Sep 2026 | 16 cases on record |
| Justice Castonguay | Superior Court of Québec | 2 orders, Aug 2026 – Sep 2026 | 27 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorDeloitte | Cassels & Graydonllp · Sylvain Rigaud Me Se-Line Duong RÉGAUD LÉGAL INC. | 25 Sep 2026 | Judgment Appointing a Case Manag · 25 Sep 2026 |
| DebtorLaSalle College | Sylvain Rigaud Me Se-Line Duong RÉGAUD LÉGAL INC. · Osler, Hoskin & Harcourt LLP | 24 Aug 2026 | Judgment Appointing a Case Manag · 25 Sep 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Directors and officers of Collège LaSalle (Charge A&D, proposed)Proposed D&O charge, ranking third behind the Administration Charge and the intercompany advances charge; takes effect only if the existing D&O insurance (limit $5.0M, Groupe LCI-wide) does not respond or is insufficient. — Amount is the maximum of the proposed charge sought, not a balance. Controller's exposure analysis: salaries $1,360K plus accrued vacation $650K = $2,010K (Annexe C, page 17). — debtor: Collège LaSalle | $1.5M | Third Report to the Court submitted by Deloitte Restructuring Inc. in its Capacity as Monitor (French Original Version) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
113 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansAs at ·
Cash on hand
$5.4M
As at 19 Sep 2026Third Report to the Court submitted by Deloitte Restructuring Inc. in its Capacity as Monitor (French Original Version)
Professional fees
As at
1 more reported figure, 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 plans| Date | Document | File |
|---|---|---|
| Judgement – Leave to Appeal (French Original Version) | PDF · Subscribers | |
| Book of Authorities – Collège LaSalle (French Original Version) | PDF · Subscribers | |
| Outline of the Respondent’s Argument (French Original Version) | PDF · Subscribers | |
Judgment Appointing a Case Management Judge (French Original Version)
| PDF · Subscribers | |
Extension Order (French Original Version)
| PDF · Subscribers | |
Application for Leave to Appeal from a Final Judgment (French Original Version)
| PDF · Subscribers | |
Third Report to the Court submitted by Deloitte Restructuring Inc. in its Capacity as Monitor (French Original Version)
| PDF · Subscribers | |
Application for the Issuance of an Amended and Restated Initial Order and for the creation of a Charge in favour of its Directors and Officers (French Original Version)
| PDF · Subscribers | |
Amended and Restated Initial Order (French Original Version)
| PDF · Subscribers | |
Second Report to the Court submitted by Deloitte Restructuring Inc. in its Capacity as Monitor (French Original Version)
| PDF · Subscribers | |
Creditor List
| PDF · Subscribers | |
Initial Order (French Original Version)
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Application for the Issuance of an Initial Order, an Amended and Restated Initial Order and Other Ancillary Relied (French Original Version)
| PDF · Subscribers | |
First Report to the Court submitted by Deloitte Restructuring Inc. in its Capacity as Proposed Monitor
| 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., “LaSalle College” (CCAA), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/lasalle-college