Proceedings.

Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc

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Active
Proceeding
CCAAsections 243(1) of the Bankruptcy and Insolvency Act and 101 of the Courts of Justice Act
Court
Ontario Superior Court of Justice · Commercial List
File
CV-23-00697285-00CL
Filings held43
Last activity28 Apr 2026
On the record1,266 days
Secured debt$18.5M
OverviewSummary updated

Phoena Holdings Inc. and four related companies — Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc. and CTI Holdings (Osoyoos) Inc. — obtained an initial order under the Companies' Creditors Arrangement Act on April 4, 2023 from the Ontario Superior Court of Justice, Commercial List. The proceeding is carried under court file no. CV-23-00697285-00CL and remains active.

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Case updates44 dated entries
Parties

Debtor

Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CavanaghOntario Superior Court of Justice5 orders, Aug 2023 – Mar 2024288 cases on record
Justice MorawetzOntario Superior Court of Justice3 orders, Apr 2023 – May 2023130 cases on record
Justice ConwayOntario Superior Court of Justice2 orders, Apr 2025285 cases on record
Justice SteeleOntario Superior Court of Justice2 orders, Oct 2023220 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorEYThornton Grout Finnigan LLP4 Apr 2023Service list · 4 Apr 2023
ApplicantPhoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) IncMiller Thomson LLP12 May 2023Order · 12 May 2023
Interim lenderCortland Credit Lending CorporationCassels Brock & Blackwell LLP4 Apr 2023Service list · 4 Apr 2023
Secured creditorBalfour Energy CorpFogler, Rubinoff LLP4 Apr 2023Service list · 4 Apr 2023
Capital structureAs asserted in the filings
stated amounts, drawn to scale · the 201 smallest grouped as one mark · 2 named without a figure
#Priority classCreditorAmountSource
4SecuredCortland Credit Lending Corporation (as administrative agent for the Senior/First Lien Lenders) · in 5 cases$22,500,000 senior secured revolving credit facility ("Cortland Credit Facility") dated March 11, 2022; secured by first-priority general security agreements/hypothecs over all present and after-acquired property of the Obligors and related guarantees — First-ranking (Senior Debt/First Lien) facility; the Marshall Fields facility is contractually subordinated to this facility under the Cortland Intercreditor Agreement — debtor: CannTrust Inc., Elmcliffe Investments Inc., CTI Holdings (Osoyoos) Inc. (borrowers); guaranteed by CannTrust Holdings Inc., CannTrust Equity Inc. and Elmcliffe Investme · as of 28 Feb 2022$18.5MApplication Record Part 2 dated April 4, 2023
4SecuredMarshall Fields International B.V. (as agent for the Lenders, including Daniel Koehn, Andrew Peppin Medicine Professional Corporation, and Cannacquisition Limited Partnership ("Olyan Lender"))$5,500,000 second-ranking secured non-revolving term facility ("Marshall Credit Facility") dated March 11, 2022 (Total Commitment later increased to $6,000,000 per First Amending Agreement dated May 2, 2022); secured by second-priority general security agreements/hypothecs, unlimited guarantees, and a $25,700,000 second-priority debenture (registered principal amount, not a balance) over the Pelham Property — As of March 10, 2022, $2,500,000 of the facility was drawn/outstanding with $3,000,000 undrawn; First Amending Agreement (May 2, 2022) records a further $500,000 Loan Advance made by the · as of 10 Mar 2022$2.5MApplication Record Part 2 dated April 4, 2023
4SecuredBank of Montreal · in 279 casesLien securing indebtedness under the "BMO GIC" (a guaranteed investment certificate issued in favour of the landlord of Unit 1, 3280 Langstaff Road, Vaughan, Ontario), plus letters of credit and corporate credit cards (aggregate letters of credit/credit-card debt capped at $250,000, a facility limit, not a balance) — Listed as existing debt of the Obligors (Schedule H) without a stated outstanding balance—Application Record Part 2 dated April 4, 2023
4SecuredBalfour Energy Corp.Lien over the "Balfour Cash Collateral" (capped at $2,000,000 - a registration ceiling, not a balance) pursuant to a Collateral Assignment of Deposits and Credit Balances Agreement, securing obligations under the Balfour Tolling Agreement — Listed as existing debt of the Obligors (Schedule H) without a stated outstanding balance—Application Record Part 2 dated April 4, 2023
8UnsecuredCortland Credit Group Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$18.8MList of Creditors
8UnsecuredMarshall Fields International B.V.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$13MList of Creditors
8UnsecuredReceiver General for Canada · in 51 casesdeemed-trust class (source deductions/remittances) — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$912KList of Creditors
8UnsecuredCanada Revenue Agency · in 926 casesdeemed-trust class — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$871KList of Creditors
8UnsecuredAccess Gas Services · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$365KList of Creditors
8UnsecuredMarsh Canada Limited · in 12 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$310KList of Creditors
8UnsecuredKindred Partners Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$290KList of Creditors
8UnsecuredSTERIS Applied Sterilizationdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$224KList of Creditors
8UnsecuredGrodan Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$212KList of Creditors
8UnsecuredMNP LLP · in 63 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$205KList of Creditors
8UnsecuredEmployees · in 185 casesaggregate employee claims; document does not label this preferred — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$198KList of Creditors
8UnsecuredKeirton Inc · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$183KList of Creditors
8UnsecuredTS Programs Ltd. · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$159KList of Creditors
8UnsecuredEastbay I.T/Cloud Servicesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$114KList of Creditors
8UnsecuredPlant Products Inc · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$101KList of Creditors
8UnsecuredHealth Canada · in 23 casesregulatory — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$95.8KList of Creditors
8UnsecuredApollo Greendebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$93.6KList of Creditors
8UnsecuredPineapple Express Delivery Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$90.8KList of Creditors
8UnsecuredSorbara Commercial Properties GPlandlord — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$71.3KList of Creditors
8UnsecuredCanadian Benefit Administrators Ltddebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$70.3KList of Creditors
8UnsecuredPaladin Security Group Ltd. · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$69.3KList of Creditors
8UnsecuredRichmond Staffing Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$67.1KList of Creditors
8UnsecuredCantourage GmbHdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$66.9KList of Creditors
8UnsecuredAloe Finance Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$66.5KList of Creditors
8UnsecuredStage One Conceptsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$64.6KList of Creditors
8UnsecuredEnbridge Gas · in 47 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$59.6KList of Creditors
8UnsecuredVentri Door Technologies · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$59.1KList of Creditors
8UnsecuredCINTAS CANADA LTD · in 10 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$57.6KList of Creditors
8UnsecuredDarktrace Limited · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$56.5KList of Creditors
8UnsecuredBennett Jones LLP · in 26 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$48.3KList of Creditors
8UnsecuredOpen Storage Solutionsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$48.2KList of Creditors
8UnsecuredAndorix Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$47.5KList of Creditors
8UnsecuredClaimSecure Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$45.5KList of Creditors
8UnsecuredWildcard Cannabis Incorporateddebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$42.1KList of Creditors
8UnsecuredTreena Marie Fisher O/A Twin Riversindividual/sole proprietor creditor — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$40KList of Creditors
8UnsecuredVerhoef Electric Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$37.9KList of Creditors
8UnsecuredEurofins Experchem Laboratories Inc · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$37KList of Creditors
8UnsecuredCorny's Honey Wagon Ltd.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$36.9KList of Creditors
8UnsecuredHiFyre · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$33.9KList of Creditors
8UnsecuredMetro Green Logistics LP · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$32.7KList of Creditors
8UnsecuredCanncore Inc · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$31KList of Creditors
8UnsecuredCanadian Linen and Uniform Service · in 12 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$30.8KList of Creditors
8UnsecuredBaker & McKenzie LLPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$29KList of Creditors
8UnsecuredePac Flexible Packaging · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$28.4KList of Creditors
8UnsecuredModern Niagara Toronto Inc. · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$27.2KList of Creditors
8UnsecuredAlectra Utilities · in 39 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$26.3KList of Creditors
8UnsecuredMcCarthy Tetrault LLP · in 19 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$26KList of Creditors
8UnsecuredWe Share Supply Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$25.1KList of Creditors
8UnsecuredBoveda Inc. · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$24.3KList of Creditors
8UnsecuredTown of Pelhammunicipal — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$23KList of Creditors
8UnsecuredELEARNINGFORCE Americasdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$22.8KList of Creditors
8UnsecuredPathway Health Corp. · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$21.2KList of Creditors
8UnsecuredGreenseal Cannabis Company Ltddebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$20.8KList of Creditors
8UnsecuredHigh North Laboratories, Inc. · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$18KList of Creditors
8UnsecuredMathews,Dinsdale&Clark LLPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$17.9KList of Creditors
8UnsecuredCloudRaker Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$17.6KList of Creditors
8UnsecuredonbrandIPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$17.6KList of Creditors
8UnsecuredRapid Dose Therapeutics Corp.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$17.6KList of Creditors
8UnsecuredRoyal Brinkman Canada Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$17.5KList of Creditors
8UnsecuredSun Parlour Grower Supply Ltd.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$17KList of Creditors
8UnsecuredCNW Group Ltd · in 5 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$16.9KList of Creditors
8UnsecuredGoldman, Spring, Kichler & Sandersdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$16.7KList of Creditors
8UnsecuredMayer Brown LLpdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$15.9KList of Creditors
8UnsecuredWASTE MANAGEMENT · in 60 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$15.8KList of Creditors
8UnsecuredITS Electronics Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$15.1KList of Creditors
8UnsecuredCDW Canada · in 25 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$15KList of Creditors
8UnsecuredOne to One · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$15KList of Creditors
8UnsecuredAnatis Bioprotection Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$14.9KList of Creditors
8UnsecuredDetonate Group Inc · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$14.9KList of Creditors
8UnsecuredHootsuite Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$14.8KList of Creditors
8UnsecuredSolid Packaging Robotik Group Inc. · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$14.5KList of Creditors
8UnsecuredJohnson Controls · in 7 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$14.4KList of Creditors
8UnsecuredWhite Cap Supply Canada Inc. · in 12 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$14KList of Creditors
8UnsecuredSister Merci Inc · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$13.6KList of Creditors
8UnsecuredInvok Brandsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$13.3KList of Creditors
8UnsecuredBellwyck Packaging Solutionsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$12.9KList of Creditors
8UnsecuredLampert LawGiCdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$12.3KList of Creditors
8UnsecuredArmstrong Communicationsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$12.2KList of Creditors
8UnsecuredAird Berlis LLPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$12KList of Creditors
8UnsecuredPhotech Environmental Solutions Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$12KList of Creditors
8UnsecuredFish Recruit Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$12KList of Creditors
8UnsecuredBranded Productions (C/O Pronto)debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.96KList of Creditors
8UnsecuredKoppert Biological Systems · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.68KList of Creditors
8UnsecuredCober Solutionsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.63KList of Creditors
8UnsecuredCascades Containerboarddebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.37KList of Creditors
8UnsecuredCM Valutions Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.35KList of Creditors
8UnsecuredStaples Business Advantage · in 14 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.22KList of Creditors
8UnsecuredSage Software Canadadebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.2KList of Creditors
8UnsecuredWSP E&I Canada Lmtd.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.08KList of Creditors
8UnsecuredPackaging Systemsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$9.04KList of Creditors
8UnsecuredVendo-Matic Food & Beverages Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$8.78KList of Creditors
8UnsecuredSage Intacct, Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$8.45KList of Creditors
8UnsecuredSullivan Mahoney LLPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$8.04KList of Creditors
8UnsecuredAqua Service Niagaradebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$7.87KList of Creditors
8UnsecuredEnertec Mechanicaldebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$7.81KList of Creditors
8UnsecuredIndustrial Pump Repair Canadadebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$7.39KList of Creditors
8UnsecuredCogeco Connexion Inc · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$7.31KList of Creditors
8UnsecuredLinde Canada Inc. · in 51 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$7.22KList of Creditors
8UnsecuredPurolator Inc. · in 99 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$7.14KList of Creditors
8UnsecuredAmple Organics · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$6.78KList of Creditors
8UnsecuredDamatexdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$6.41KList of Creditors
8UnsecuredULINE · in 72 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$5.91KList of Creditors
8UnsecuredCanabo Medical Corp/CMC Clinicdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$5.75KList of Creditors
8UnsecuredCannabis Xpress · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$5.69KList of Creditors
8UnsecuredDoherty Engineering Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$5.52KList of Creditors
8UnsecuredApollo Applied Research Inc. · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$5.5KList of Creditors
8UnsecuredRogers · in 63 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$5.42KList of Creditors
8UnsecuredKeyline Industrial Limiteddebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$4.99KList of Creditors
8UnsecuredGrand Disposaldebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$4.98KList of Creditors
8UnsecuredWe Are Laboratorydebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$4.92KList of Creditors
8UnsecuredGowling WLG (Canada) LLP · in 33 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$4.43KList of Creditors
8UnsecuredPaladin Technologies Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$4.04KList of Creditors
8UnsecuredE.M.Sdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$4.03KList of Creditors
8UnsecuredFloChem · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.97KList of Creditors
8UnsecuredBackupifydebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.96KList of Creditors
8UnsecuredSGS Canada Inc. · in 14 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.93KList of Creditors
8UnsecuredLangendoen Electric Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.83KList of Creditors
8UnsecuredCOLLIERS INTERNATIONAL REALTYdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.67KList of Creditors
8UnsecuredBodystream Medicaldebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.63KList of Creditors
8UnsecuredManulife Financial · in 35 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.52KList of Creditors
8UnsecuredElectrical Safety Authority · in 19 casesregulatory — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.43KList of Creditors
8UnsecuredGrowhaus Supply co. · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.41KList of Creditors
8UnsecuredGlobal Industrial Canada · in 14 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.4KList of Creditors
8UnsecuredGS1 Canada · in 46 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.39KList of Creditors
8UnsecuredBLANCCO TECHNOLOGY GROUP CANADA INCdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.38KList of Creditors
8UnsecuredMD Packaging Inc. · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.24KList of Creditors
8UnsecuredMAXtech Security Systemsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.23KList of Creditors
8UnsecuredLucid Cannabis AB Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.22KList of Creditors
8UnsecuredMarigold Marketing & PR · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.19KList of Creditors
8UnsecuredTenaquip Industrial Equipmentdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$3.02KList of Creditors
8UnsecuredVision Linkdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.88KList of Creditors
8UnsecuredOrkin Canada Corporation · in 50 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.8KList of Creditors
8UnsecuredSTS Ltd.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.68KList of Creditors
8UnsecurediTel Networks INC · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.63KList of Creditors
8UnsecuredROWAND LLP · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.6KList of Creditors
8UnsecuredCanvasrx Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.49KList of Creditors
8UnsecuredKLEENZONE LTD.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.35KList of Creditors
8UnsecuredRevolution Medical Cannabisdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.17KList of Creditors
8UnsecuredStorage Niagaradebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.14KList of Creditors
8UnsecuredAlpha Controls Instrumentdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.13KList of Creditors
8UnsecuredPlan Automationdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.03KList of Creditors
8UnsecuredHydro One · in 20 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$2.01KList of Creditors
8UnsecuredCanada Post · in 32 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.98KList of Creditors
8UnsecuredWholeMed Health Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.97KList of Creditors
8UnsecuredTSX Trust Company · in 14 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.95KList of Creditors
8Unsecured407 ETR - 750 832 513debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.94KList of Creditors
8UnsecuredHR Downloadsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.93KList of Creditors
8UnsecuredWalker Aggregatesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.87KList of Creditors
8UnsecuredHarvest Medicine Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.79KList of Creditors
8UnsecuredSigma Analytical Services Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.72KList of Creditors
8UnsecuredSaskatchewan Liquorregulatory/provincial — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.65KList of Creditors
8UnsecuredFIIXdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.61KList of Creditors
8Unsecured2759054 Ontario Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.59KList of Creditors
8UnsecuredGlobal Horticultural Inc · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.58KList of Creditors
8UnsecuredWhitebird · in 5 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.57KList of Creditors
8UnsecuredChemstationdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.55KList of Creditors
8UnsecuredSunbelt Rentals of canada Inc. · in 15 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.49KList of Creditors
8UnsecuredMedical Marijuana Practitioners Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.32KList of Creditors
8UnsecuredDubois Agrinovation · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.27KList of Creditors
8UnsecuredTanshaw Sanitationdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.27KList of Creditors
8UnsecuredMLT Aikins LLP · in 15 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.23KList of Creditors
8UnsecuredBell Canada · in 298 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.22KList of Creditors
8UnsecuredMister Coffee & Services Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.21KList of Creditors
8UnsecuredFedex Freight · in 27 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.19KList of Creditors
8UnsecuredCraig Larmourindividual creditor — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.1KList of Creditors
8UnsecuredElectroMecaniQue · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.05KList of Creditors
8UnsecuredEkosi Health Centre Corp · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.04KList of Creditors
8UnsecuredFastenal Canada · in 28 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.03KList of Creditors
8UnsecuredHi-Tech Machines & Tools Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.02KList of Creditors
8UnsecuredStewart McKelvey · in 15 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$1.01KList of Creditors
8UnsecuredPOWERTECH HYDRAULICSdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$977List of Creditors
8UnsecuredGreenleaf Medical Clinicdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$970List of Creditors
8UnsecuredSensitech Canada Inc. · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$965List of Creditors
8UnsecuredAxelent Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$949List of Creditors
8UnsecuredBud Martdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$945List of Creditors
8UnsecuredBCF LLP · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$932List of Creditors
8UnsecuredCosta Canna LLPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$907List of Creditors
8Unsecured1186726 B.C. LTDdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$900List of Creditors
8UnsecuredEnterprise · in 7 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$895List of Creditors
8UnsecuredTriton Canada Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$879List of Creditors
8Unsecured2204212 Alberta LTD.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$874List of Creditors
8UnsecuredCanadian Cannabis Exchange Ltd · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$779List of Creditors
8UnsecuredCapturing Eden INCdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$732List of Creditors
8UnsecuredSaturn Scale Systems Inc · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$726List of Creditors
8UnsecuredMuse Cannabis Stores Ltd.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$624List of Creditors
8UnsecuredBurnet,Duckworth & Palmer LLPdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$604List of Creditors
8UnsecuredCall Disposal Services Ltd.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$581List of Creditors
8UnsecuredDr. Omar Elahiindividual creditor — debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$549List of Creditors
8UnsecuredHydrotek Hydroponicsdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$524List of Creditors
8UnsecuredKornfeld LLP · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$492List of Creditors
8UnsecuredSALESFORCE.COM CANADA CORP · in 5 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$492List of Creditors
8UnsecuredBluebird Self Storage · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$479List of Creditors
8UnsecuredCannaWay Clinics Inc.debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$435List of Creditors
8UnsecuredFesto Inc · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$422List of Creditors
8UnsecuredViking Fire Protection Inc · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$418List of Creditors
8UnsecuredFrancotyp-Postalia · in 4 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$386List of Creditors
8UnsecuredOmnitrans Inc · in 3 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$382List of Creditors
8UnsecuredCole-Parmer · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$376List of Creditors
8UnsecuredRegional Fire Services Incdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$362List of Creditors
8UnsecuredSecural Data Shreddebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$353List of Creditors
8UnsecuredMedical Marijuana Group Consultingdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$304List of Creditors
8UnsecuredHill+Knowlton Strategies · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$299List of Creditors
8UnsecuredZendesk · in 8 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$290List of Creditors
8UnsecuredLyte Investments Inc. · in 2 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$281List of Creditors
8UnsecuredTelus · in 115 casesdebtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · as of 31 Mar 2023$255List of Creditors

“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

Sale processAs stated in the filings

3 transactions · 2 approved · 1 closed — The Transaction closed on April 16, 2024.09. Seventh Report of the Monitor, dated April 21, 2026 · 21 Apr 2026

NDAs signed

7

06. Fifth Report of the Monitor, dated 18 March 2024

Bids received

260

06. Fifth Report of the Monitor, dated 18 March 2024

PurchaserPriceStatusSource
purchaser of the equipment offer related to lab equipment, unnamedspecific equipment located at the Langstaff Premises and the Pelham Premises · asset sale$500Kpurchase price below the $500,000 threshold required under the Initial Order for Court approvalApprovedSecond Report of the Monitor dated May 10, 2023
Pinnrz Inc.a portion of the Applicants' equipment located at the Langstaff Premises and hire certain employees that had been terminated by the Applicants · auction · agreement 8 May 2023not statedInfinity JV guarantees minimum recovery amounts (Langstaff NMG $285,000, Pelham NMG $225,000) plus split of proceeds above thresholds.Approved06. Fifth Report of the Monitor, dated 18 March…
1000832157 Ontario Ltd.Purchased Shares · share subscription · ResidualCo: 15861217 Canada Inc. · agreement 14 Mar 2024SealedA cash Purchase Price payable to the Monitor as consideration for the Purchased Shares; amount withheld/redacted pending closing.Closed16 Apr 202409. Seventh Report of the Monitor, dated April…
AdvisorsCBRE Limited (listing broker); Infinity Asset Solutions Inc. and Long Drive Inc. (auctioneer)06. Fifth Report of the Monitor, dated 18 March 2024
Closing termsVesting occurs upon delivery of the Monitor's Certificate, in the sequence set out in the Implementation StepsApproval and Reverse Vesting Order, dated March 21, 2024
Sealed materialsConfidential Appendix '1' to the Fifth Report of Ernst & Young Inc.Approval and Reverse Vesting Order, dated March 21, 2024
RecoveriesAs declared or paid

Secured creditors: no recovery.Estimated06. Fifth Report of the Monitor · 18 Mar 2024

ClassCreditorClaimsRecoveryBasisSource
Securedcreditors beyond the secured claims held by Cortland—no recoveryEstimatedper the monitor06. Fifth Report of the Monitor · 18 Mar 2024
SecuredCortland (Credit Agreement)Cortland Credit Lending Corporation$22.3MshortfallFinalper the monitorSixth Report of the Monitor · 22 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.

Estate financialsReported figures — never derived

Cumulative receipts

$821K

As at 26 Apr 202609. Seventh Report of the Monitor, dated April 21, 2026

Cumulative disbursements

$451K

As at 26 Apr 202609. Seventh Report of the Monitor, dated April 21, 2026

Cash on hand

$373K

As at 26 Apr 202609. Seventh Report of the Monitor, dated April 21, 2026

Professional fees to date

$362K

As at 26 Apr 202609. Seventh Report of the Monitor, dated April 21, 2026

Documents
43 filings
DateDocumentFile
Endorsement
  • Presiding officer Justice F.L. Myers
PDF
09. Seventh Report of the Monitor, dated April 21, 2026
  • Cash on hand $373K · Note: Monitor separately held $772,578 in the Admin Reserve as of the same date, available for transfer. · As at: 2026-04-19
  • Closing confirmed Closed · 16 Apr 2024 · 1000832157 Ontario Inc.
  • Disbursements $451K · Note: Table total shows $451,276 due to rounding; text states $451,275. · Since: April 14, 2025
  • Operational summary The Remaining Applicants have no employees and are winding down, with the Monitor and tax counsel pursuing recovery of Excluded Tax Assets via an HST Appeal and residual D&O Trust funds.
  • + 6 more extracted facts
PDF
Endorsement of Conway, J., dated April 29, 2025
  • Presiding officer Justice Conway
PDF
Order re Stay Extension, dated April 29, 2025
  • Counsel Thornton Grout Finnigan LLP
  • Order date 29 April 2025
  • Presiding officer Justice Conway
  • Stay extended to 30 April 2026
PDF
08. Supplement to the Sixth Report of the Monitor, dated April 28, 2025PDF
Motion Record of the Monitor
  • Counsel Thornton Grout Finnigan LLP
  • Recovery outcome Entries: per actual · Stated on: 2025-04-22 · Table missing:
PDF
Sixth Report of the Monitor
  • Recovery outcome Entries: per actual · Stated on: 2025-04-22 · Table missing:
PDF
Monitor's Certificate, dated April 16, 2024PDF
Approval and Reverse Vesting Order, dated March 21, 2024
  • Closing terms Vesting occurs upon delivery of the Monitor's Certificate, in the sequence set out in the Implementation Steps
  • Residualco 15861217 Canada Inc.
  • Sealed items Confidential Appendix '1' to the Fifth Report of Ernst & Young Inc.
PDF
Distribution Order, Stay Extension, etc. dated March 21, 2024
  • Order date 21 March 2024
  • Presiding officer Justice Cavanagh
  • Stay extended to 30 April 2025
PDF
Endorsement of Cavanagh, J., dated March 21, 2024
  • Presiding officer Justice Cavanagh
PDF
Factum of the Applicants, returnablePDF
Motion Record, returnable March 21, 2024PDF
WEPPA Order, dated March 21, 2024
  • Counsel Miller Thomson LLP
  • Presiding officer Justice Cavanagh
PDF
06. Fifth Report of the Monitor, dated 18 March 2024
  • Process results 7 NDAs · 260 bids
  • Purchaser 1000832157 Ontario Ltd. · Purchased Shares · share subscription · price sealed · proposed; purchaser of equipment at the Langstaff and Pelham Premises via auction (Infinity JV) · equipment located at the Langstaff Premises and the Pelham Premises · auction · approved
  • Recovery outcome Entries: per estimated · Stated on: 2024-03-18 · Table missing:
  • Sale advisor CBRE Limited (listing broker); Infinity Asset Solutions Inc. and Long Drive Inc. (auctioneer)
  • + 1 more extracted fact
PDF
Endorsement of Steele, J., dated October 30, 2023
  • Presiding officer Justice Steele
PDF
Motion Record returnable 30 October 2023PDF
Order re Stay Extension dated October 30, 2023
  • Counsel Miller Thomson LLP
  • Order date 30 October 2023
  • Presiding officer Justice Steele
  • Stay extended to 30 April 2024
PDF
05. Fourth Report of the Monitor dated 26 October 2023PDF
245 - 246 NoticePDF
Endorsement of Cavanagh, J., dated 11 August 2023
  • Presiding officer Justice Cavanagh
PDF
Motion Record returnable 11 August 2023PDF
Order re Appointing Receiver, dated 11 August 2023
  • Applicant Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No. 2] Inc., and CTI Holdings (Osoyoos) Inc.
  • Appointee Ernst & Young Inc.
  • Appointee role receiver
  • Court ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • + 4 more extracted facts
PDF
04. Third Report of the Monitor dated 10 August 2023
  • Sale advisor CBRE Limited (listing broker)
  • Sale outcome Liquidation in progress — the Applicants, with the assistance of CBRE, commenced the process of marketing and selling the Fenwick Premises
PDF
Endorsement of Morawetz, J. dated May 12, 2023
  • Presiding officer Justice Morawetz
PDF
Factum of the Applicants returnable May 12, 2023PDF
Motion Record returnable May 12, 2023PDF
Order re Approval of Listing Agreement, Approval of Auction Agreement, Approval of KERP and Extension of Stay Period to October 31, 2023
  • Counsel Miller Thomson LLP
  • Order date 12 May 2023
  • Presiding officer Justice Morawetz
  • Sale advisor CBRE Limited (listing broker); Infinity Asset Solutions Inc. and Long Drive Inc. (auctioneer)
  • + 2 more extracted facts
PDF
Second Report of the Monitor dated May 10, 2023
  • Process results 3 solicited · as of 10 May 2023
  • Purchaser Pinnrz Inc. · a portion of the Applicants' equipment located at the Langstaff Premises and hire certain employees that had been terminated by the Applicants · asset sale · closed; purchaser of the equipment offer related to lab equipment, unnamed · specific equipment located at the Langstaff Premises and the Pelham Premises · asset sale · $500K · approved
  • Sale advisor CBRE Limited (listing broker); Infinity Asset Solutions Inc. and Long Drive Inc. (auctioneer)
  • Sale outcome Liquidation in progress — The Applicants are engaged in a liquidation solicitation process for equipment and a marketing process for the Pelham Premises
PDF
Endorsement of Morawetz J. dated April 14, 2023
  • Presiding officer Justice Morawetz
PDF
Factum of the Applicants returnable April 14, 2023PDF
Motion Record returnable April 14, 2023PDF
Pinnrz Approval Order dated April 14, 2023PDF
First Report of the Monitor dated April 12, 2023PDF
Amended and Restated Initial Order dated April 4, 2023
  • Order date 17 April 2023
  • Stay expiry 2 June 2023
PDF
Application Record Part 1, dated April 4, 2023PDF
Application Record Part 2 dated April 4, 2023
  • Secured creditors $18.5M · Note: First-ranking (Senior Debt/First Lien) facility; the Marshall Fields facility is contractually subordinated to this facility under the Cortland Intercreditor Agreement · Page: 67 · As of: 2022-02-28 · Debtor: CannTrust Inc., Elmcliffe Investments Inc., CTI Holdings (Osoyoos) Inc. (borrowers); guaranteed by CannTrust Holdings Inc., CannTrust Equity Inc. and Elmcliffe Investments [No. 2] Inc. · Creditor: Cortland Credit Lending Corporation (as administrative agent for the Senior/First Lien Lenders) · Security: $22,500,000 senior secured revolving credit facility ("Cortland Credit Facility") dated March 11, 2022; secured by first-priority general security agreements/hypothecs over all present and after-acquired property of the Obligors and related guarantees
PDF
Endorsement of J. Morawetz dated April 4, 2023PDF
Factum of the Applicants returnablePDF
Initial Order dated April 4, 2023
  • Applicant Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No. 2] Inc., and CTI Holdings (Osoyoos) Inc.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 4 April 2023
  • + 6 more extracted facts
PDF
List of Creditors
  • Unsecured creditors $3.67K · Page: 3 · As of: 2023-03-31 · Basis: Consolidated List of Creditors as reported, unaudited, without admission of liability · Debtor: Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc. · Creditor: COLLIERS INTERNATIONAL REALTY
PDF
Service List as of April 4, 2023
  • Counsel Fogler, Rubinoff LLP
PDF
Report of the Proposed Monitor dated April 3, 2023
  • Secured creditors Note: Security for amounts payable under Tolling Agreement for co-generation heat and power to Fenwick Facility; no balance/amount stated · Page: 6 · Debtor: Phoena Holdings Inc. and Phoena Inc. · Creditor: Balfour Energy Corp. (formerly 2606017 Ontario Limited) · Currency: CAD · Security: First-ranking collateral assignment of deposits and credit balances in the Tolling Fee Servicing & Reserve Account, granted under Tolling Agreement dated January 31, 2018
PDF

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

CiteProceedings., “Phoena Holdings Inc., Phoena Inc., Elmcliffe Investments Inc., Elmcliffe Investments [No 2] Inc., and CTI Holdings (Osoyoos) Inc” (CCAA), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/phoena-holdings-inc-phoena-inc-elmcliffe-investments-inc-elmcliffe-investments-n

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Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/phoena-holdings-inc-phoena-inc-elmcliffe-investments-inc-elmcliffe-investments-n

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.