MTE Logistix Limited Partnership and seven related companies
Follow- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36
- File
- 2601-11638
MTE Logistix Limited Partnership and seven related companies have been under CCAA protection since June 29, 2026, when an initial order was granted; a further order followed on July 7, 2026, and the stay, first set to expire July 9, now runs to July 30, 2026. The filing followed demand letters and s. 244 BIA notices issued June 12, 2026 by senior secured lender Fiera Private Debt Fund VI LP, owed $46,291,220.74 under a credit agreement dated August 17, 2021. The unaudited December 31, 2025 balance sheet for MTE Logistix showed $38.7 million of assets against $62.2 million of liabilities, negative equity of approximately $23.5 million; unsecured liabilities were approximately $4.3 million as at June 20, 2026. Interim financing of $3,500,000 had been advanced as at July 15, 2026, with approval sought to increase the authorized interim financing and Interim Lender's Charge to $7,000,000.
MTE Logistix Limited Partnership and seven related companies — CCAA filed, Alberta.
Source: Initial Order - 2026.06.29
Notice to Disclaim - Overdrive Investments - 2026.06.29 — Notice of receiver (s. 245 / Form 87)
Precedent note
A secured creditor that wants a court-supervised sale has two doors: appoint a receiver, or put its own borrower into CCAA. Four 2026 proceedings show lenders choosing the second — and taking radically different positions on how much priority to ask for once inside.
Case update
MTE Logistix: the sale process they cancelled four days out
Fiera and the MTE warehousing group were due in court on July 20 to approve a sale process with the lender's credit bid as the stalking horse. KPMG's second report, filed July 16, says they have abandoned it for an immediate sale to a numbered company — and explains the pivot in terms of staff.
Debtor
MTE Logistix Limited Partnership and seven related companies
Applicant
Fiera Private Debt Fund VI LP
Monitor
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Armstrong | Court of King's Bench of Alberta | 2 orders, Jul 2026 | 30 cases on record |
| Justice Jones | Court of King's Bench of Alberta | 2 orders, Jul 2026 | 93 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorKPMG | Gowling WLG (Canada) LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| ApplicantFiera Private Debt Fund VI LP | Norton Rose Fulbright Canada LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| Creditor140 Avenue Business Park Limited Partnership (Apex 3) 185 The West Mall, Suite 860 Toronto, Ontario M9C 5L5 | Dentons Canada LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| CreditorDream Summit Industrial (West) Inc | Swainson Miki Peskett LLP | 28 Jul 2026 | Service list · 28 Jul 2026 |
| CreditorHillcore | Bennett Jones LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| CreditorManagement of the MTE Group | DLA Piper (Canada) LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| CreditorNexus REIT | Blake, Cassels & Graydon LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| CreditorOverdrive Investments | Field Law | 14 Jul 2026 | Service list · 14 Jul 2026 |
| CreditorRiviana Foods Canada Corporation | Borden Ladner Gervais LLP | 28 Jul 2026 | Service list · 28 Jul 2026 |
| CreditorSkyline Commercial Real Estate Holdings Inc | Bennett Jones LLP | 14 Jul 2026 | Service list · 14 Jul 2026 |
| CreditorWesco Distribution Canada LP | McMillan LLP | 28 Jul 2026 | Service list · 28 Jul 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Fiera Private Debt Fund VI LP (by its general partner Fiera Private Debt Fund GP Inc.) · in 3 casesGeneral security agreement creating first-ranking security interest in all present and after-acquired personal property of the Partnership and guarantors, together with a floating land charge, subject to permitted encumbrances; unlimited guarantees from operating subsidiaries; limited recourse guarantee/pledge agreements from General Partner and related entities; assignment/postponement/subordination of shareholder loans; assignment of insurance — Balance is net of deferred financing fees on a $56,000,000, 5-year term loan (7% interest) maturing Aug 17, 2026; prose/original advance was $56M. P · as of 31 Dec 2024 | $46.5M | Affidavit of R. French - 2026.06.29 (Part 3 of 4) |
| 4 | Secured | |||
| 5 | PMSI / lessors |
2 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.
Every creditor and every amount, drawn to scale.
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See all plansApproval pending — the Monitor supports the granting of the Approval and Vesting Order approving, among other things, the Transaction and the APASecond Report of the Monitor - 2026.07.16 · 15 Jul 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 2831608 Alberta Ltd.all of the MTE Group's right, title and interest in and to the Assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · nominee/assignee: its nominee · agreement 14 Jul 2026 | Subscribers | Approved20 Jul 2026 | Approval and Vesting Order - 2026.07.20 |
Closed · the record states no distribution outcome.
As at ·
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 |
|---|---|---|
| Affidavit of C. Knipelberg - 2026.10.13 [ ] | PDF · Subscribers | |
| Notice of Application - 2026.10.13 [ ] | PDF · Subscribers | |
Service List - 2026.10.13
| PDF · Subscribers | |
| Closing Certificate - 2026.09.21 [ ] | PDF · Subscribers | |
Service List - 2026.07.28
| PDF · Subscribers | |
Approval and Vesting Order - 2026.07.20
| PDF · Subscribers | |
Order - 2026.07.20
| PDF · Subscribers | |
Second Report of the Monitor - 2026.07.16
| PDF · Subscribers | |
Affidavit of S. Ethier - 2026.07.15
| PDF · Subscribers | |
Notice of Application - 2026.07.15 [ ]
| PDF · Subscribers | |
Service List - 2026.07.14
| PDF · Subscribers | |
| Notice to Disclaim - Ecco - 2026.07.09 | PDF · Subscribers | |
| Notice to Disclaim - Rig Logistics - 2026.07.09 | PDF · Subscribers | |
| Notice to Disclaim - Skyline - 2026.07.09 | PDF · Subscribers | |
| Notice to Disclaim - Wesco - 2026.07.09 | PDF · Subscribers | |
| Notice to Disclaim - Princess Auto - 2026.07.09 | PDF · Subscribers | |
Amended and Restated Initial Order - 2026.07.07
| PDF · Subscribers | |
Notice to creditors - 2026.07.07
| PDF · Subscribers | |
Restricted Court Access Order - 2026.07.07
| PDF · Subscribers | |
Application - 2026.07.02
| PDF · Subscribers | |
First Report of the Monitor - 2026.07.02
| PDF · Subscribers | |
| Supplemental Brief - 2026.07.02 | PDF · Subscribers | |
Initial Order - 2026.06.29
| PDF · Subscribers | |
List of Known Creditors - 2026.07.07
| PDF · Subscribers | |
| Notice to Disclaim - Overdrive Investments - 2026.06.29 | PDF · Subscribers | |
Originating Application- 2026.06.29
| PDF · Subscribers | |
Pre-filing Report of the Proposed Monitor - 2026.06.26
| PDF · Subscribers | |
Affidavit of R. French - 2026.06.29 (Part 1 of 4)
| PDF · Subscribers | |
Affidavit of R. French - 2026.06.29 (Part 2 of 4)
| PDF · Subscribers | |
Affidavit of R. French - 2026.06.29 (Part 3 of 4)
| PDF · Subscribers | |
Affidavit of R. French - 2026.06.29 (Part 4 of 4)
| 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., “MTE Logistix Limited Partnership and seven related companies” (CCAA), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/mte-logistix-limited-partnership-and-seven-related-companies