Letter re CCAA Proceedings of 1001387025 Ontario Inc. - November 25, 2026 Hearing — Stakeholder communication
QM GP Inc. and Highpoint Environmental Services Inc.
- Proceeding
- CCAACompanies' Creditors Arrangement Act (Canada)
- File
- CV-25-00748510-00CL
QM GP Inc. and Highpoint Environmental Services Inc. obtained an initial order under the Companies' Creditors Arrangement Act from the Ontario Superior Court of Justice on Tuesday, July 29, 2025, on their own application, in court file CV-25-00748510-00CL. Alvarez & Marsal Canada Inc. was appointed monitor of the two companies. The CCAA proceedings remain active.
Sought approval of a cost allocation and distribution methodology for the LRO and HWT cash pools and a stay extension to April 30, 2027, reporting $3,478,000 held and illustrative lien recoveries of 10.1% to 10.4%.
Source: Sixth Report of the Monitor
Described ResidualCo as a shell with no employees or operations and reported the Monitor's determination not to pursue further recovery on the disputed Vale construction lien.
Source: Fifth Report Of The Monitor
Reported approximately $4 million held by the Monitor, monitor's fees of $1,427,782 for July 29, 2025 to April 18, 2026, and continued administration of the LRO lien claims process.
Source: Fourth Report Of The Monitor
Motion Record (Liens Claims Resolution and Stay Extension) — Application / notice of application
Confirmed the HWT Transaction closed October 31, 2025 to 1001367859 Ontario Inc. and the QM Transaction November 4, 2025 to WeShall Investments Inc., leaving ResidualCo as sole applicant with approximately $3,984,000 consolidated cash at January 16, 2026.
Source: Third Report Of The Monitor
The court granted an approval and vesting order for the sale to 1001367859 Ontario Inc. Closing terms, as extracted: Vesting of the Purchased Assets in the Purchaser takes effect upon delivery of a Monitor's certificate; the Monitor may rely on written notice from the Vendor and Purchaser regarding satisfaction or waiver of closing conditions. Sealed: The Asset Purchase Agreement is appended as a confidential exhibit to the Grégoire Affidavit.
Source: Approval And Vesting Order (Hamilton Waste Transfer Facility Transaction)
Reported 107 parties solicited, 44 NDAs signed and five bids received, three qualified, and identified the improved HWT Bid and WeShall's Back-Stop Credit Bid as highest and best.
Source: Second Report Of The Monitor
Approved the sale and investment solicitation process to canvass offers for a sale, recapitalization, refinancing, restructuring or other strategic transaction, with bids due September 25, 2025.
Source: SISP Approval Order
Motion Record Of The Applicants (ARIO And SISP Approval Order) — Application / notice of application
Brought QM GP and Highpoint Environmental under CCAA protection on July 29, 2025 and installed Alvarez & Marsal Canada Inc. as monitor.
Source: Initial Order
Case update
QM Group: the distribution waits for Phantom Disposal's cross-motion
Justice W.D. Black extended the stay to April 30, 2027, adjourned the monitor's distribution method to November 25 after lien claimant Phantom Disposal sought time for a cross-motion, and declined a funded "carriage hearing", noting "relatively little money at stake". By Phantom's count, the method would give Intact about $1.51 million of $2.85 million left for creditors.
Case update
QM Group: what the monitor proposes for $43.2 million of lien notices
In its Sixth Report, Alvarez & Marsal estimates proven lien claims at about $18.4–19.0 million and would charge the Hamilton transfer station's sale proceeds 17.4% of the credit-bid DIP, about $1.463 million, to the lien claimants' benefit, for an estimated $1.904 million pool and an illustrative 10.1–10.4% recovery; Intact would take the station pool's estimated $947,000.
Debtor
QM GP Inc. and Highpoint Environmental Services Inc.
Monitor
Alvarez & Marsal
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 4 orders, Oct 2025 – Jan 2026 | 318 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 4 orders, Jul 2025 – Aug 2025 | 245 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 3 orders, Jan 2026 | 198 cases on record |
| Justice Myers | Ontario Superior Court of Justice | 2 orders, Apr 2026 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorAlvarez & Marsal | Goodmans LLP | 29 Jan 2026 | Service list · 17 Aug 2026 |
| ReceiverMNP Ltd | Heath Law LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| ApplicantQM GP Inc. and Highpoint Environmental Services Inc. | Reconstruct LLP | 28 Jul 2025 | Order · 28 Jul 2025 |
| Interim lender | Chaitons LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| Creditor2386843 Ontario Inc | Rar Litigation | 28 Jul 2026 | Factum · 28 Jul 2026 |
| Creditor2386843 Ontario Ltd. o / a Phantom Disposal | Goodmans LLP | 28 Oct 2026 | Factum · 28 Oct 2026 |
| CreditorAncient Aire Baths | Cassels Brock & Blackwell LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorAviva Insurance Company of Canada | Borden Ladner Gervais LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorAzad Trucking Ltd | Emery Jamieson LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorBank of Nova Scotia | Chaitons LLP | 17 Jul 2025 | Service list · 17 Aug 2026 |
| CreditorBest Rental Services Inc | Bianchi Presta LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorBrant Tractor Ltd | Willey McGowan, Student at Law | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorCamrose County | Brownlee LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorCanada Lands Company CLC Limited | Dentons Canada LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorCanada Lands Company Pihl Law Corp | Dentons Canada LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorCouchiching First Nation | Pallett Valo LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorDenalco Western Inc | Carr Defir | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorDigDug Excavating and Construction Ltd | McDougall Gauley LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorDonalco Western Inc | Cassels Brock & Blackwell LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorDyral Sepp Enterprises Ltd | Dentons Canada LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorEastern Construction Company Limited | WeirFoulds LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorGovernment of Manitoba | Thompson Dorfman Sweatman LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorHis Majesty the King in right of Ontario | Bianchi Presta LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorHistoric Restoration Inc | Emery Jamieson LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorIntact Insurance Company | Borden Ladner Gervais LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorKettle River Contracting LP acting through Kettle River GP Ltd., Inc No LP0782171 | Boughton Law Corporation | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorKing Cross Contracting Limited | Drudi Alexiou Kuchar LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorKingdom Concrete Drilling & Sawing Ltd | Miller Thomson LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorKlimer Platforms Inc | MARGIE STRUB CONSTRUCTION LAW LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorLafarge Canada Inc | Miller Thomson LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorLongo Development | Owen Bird Law Corporation | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorMammoet Canada Eastern Ltd | Drudi Alexiou Kuchar LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorPacific Wood Trim/ Parkwood Carpentry | Sangha Construction Law Professional Corporation | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorPricewaterhouseCoopers Inc | Fasken Martineau DuMoulin LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorRapidcrete Construction Ltd | HIRJI Law Corporation | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorRoman Building Materials Ltd | Rousseau Mazzuca LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorSCS Manufacturing Inc | Heath Law LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorSemple Gooder Roofing Corporation | Pallett Valo LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorSoderholm Maritime Services Inc | SmithValeriote Law Firm LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorSteph Construction Limited -andStephenson's Rental Services Inc | Suther Law | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorSummit Access Solutions Inc | WeirFoulds LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorSunbelt Rentals of Canada Inc | Gionet Fairley Wood LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorToromont Industries Ltd | Miller Thomson LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorTrisura Guarantee Insurance Company | Borden Ladner Gervais LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorVale Canada Limited | McCarthy Tétrault LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorWest Fraser Mills Ltd | Miller Thomson LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorYork Realty Inc | Bryan & Company LLP | 17 Aug 2026 | Service list · 17 Aug 2026 |
| CreditorYORK1 WASTE SOLUTIONS LTD., YORK1 WASTE COLLECTION LTD | Sutherland Law | 17 Aug 2026 | Service list · 17 Aug 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Admitted Lien Claims (accepted as filed) - Asserting Lien Claimantsas of October 25, 2026 (Sixth Report) — Construction liens under Provincial Lien Legislation, with potential statutory deemed trust over LRO Cash Pool. — 87 Lien Claims admitted as filed. Aggregate of all admitted Lien Claims (Proven Lien Claims) is stated as 18,380 (CAD $000s) across 130 claims, estimated range approx. $18.4M-$19.0M. — debtor: QM Group (Continuing QM Projects) | $11M | Motion Record (Distribution and Stay Extension) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
11 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 plans2 transactions · 2 closed — Both the QM Transaction and the HWT Transaction were approved on October 24, 2025 and have closed (HWT on October 31, 2025; QM on November 4, 2025). The report concerns allocation and distribution of the resulting proceeds.Sixth Report of the Monitor · 25 Oct 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1001367859 Ontario Inc.the Vendor's right, title and interest in and to the purchased assets described in the APA (the Hamilton Waste Transfer Facility Transaction) · asset sale · agreement 17 Oct 2025 | Subscribers | Closed31 Oct 2025outside 31 Oct 2025 | Sixth Report of the Monitor |
| WeShall Investments Inc.Purchased Shares and Transferred LP Interests of the Vendors via subscription under the reverse vesting transaction; Excluded Assets and Excluded Liabilities vest in ResidualCo · share sale · ResidualCo: 1001387025 Ontario Inc. · agreement 3 Oct 2025 | Subscribers | Closed4 Nov 2025 | Sixth Report of the Monitor |
Secured creditors: a distribution.EstimatedMotion Record (Distribution and Stay Extension) · 25 Oct 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | holders of Proven Lien Claims (LRO Cash Pool) - low recovery | conditional | Estimatedper the monitor | Motion Record (Distribution and Stay Extension) · 25 Oct 2026 |
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.
3 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans1 engagement · 1 firm — Goodmans LLP, Application PeriodFourth Report Of The Monitor · 22 Apr 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Goodmans LLPCounsel | Application Period | — | — | Fourth Report Of The Monitor · 22 Apr 2026 |
1 blurred figure above
What the firm billed — each as the filing states it, with its source.
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See all plansCumulative receipts
$17.9M
As at 22 Oct 2025Second Report Of The Monitor
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Letter re CCAA Proceedings of 1001387025 Ontario Inc. - November 25, 2026 Hearing | PDF · Subscribers | |
Aide Memoire of 2386843 Ontario Ltd (o/a Phantom Disposal)
| PDF · Subscribers | |
Endorsement of Justice Black
| PDF · Subscribers | |
Motion Record (Distribution and Stay Extension)
| PDF · Subscribers | |
Sixth Report of the Monitor
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Factum of the Monitor (Phantom Disposal Lift-Stay Motion)
| PDF · Subscribers | |
Factum of the Moving Party 2386843 Ontario Inc. o/a Phantom Disposal
| PDF · Subscribers | |
| Responding Factum of Eastern Construction Company Limited | PDF · Subscribers | |
| Responding Factum of QM GP Inc. | PDF · Subscribers | |
Aide Memoire Of The Monitor
| PDF · Subscribers | |
Aide Memoire Of QM GP Inc.
| PDF · Subscribers | |
Fifth Report Of The Monitor
| PDF · Subscribers | |
Endorsement of Justice Myers
| PDF · Subscribers | |
Factum of the Monitor (Stay Extension and Ancillary Relief)
| PDF · Subscribers | |
| Motion Record (Stay Extension and Ancillary Relief) | PDF · Subscribers | |
Fourth Report Of The Monitor
| PDF · Subscribers | |
Stay Extension and Ancillary Relief Order
| PDF · Subscribers | |
Ancillary Relief Order
| PDF · Subscribers | |
Endorsement of Justice Kimmel
| PDF · Subscribers | |
Factum Of The Monitor (Liens Claims Resolution and Stay Extension)
| PDF · Subscribers | |
Lien Claims Resolution Order
| PDF · Subscribers | |
| Motion Record (Liens Claims Resolution and Stay Extension) | PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
Third Report Of The Monitor
| PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
Monitor's Certificate (Approval and Reverse Vesting Order)
| PDF · Subscribers | |
| Motion Record (Sale Approval and Ancillary Relief) | PDF · Subscribers | |
| Factum Of The Applicants (Sale Approval And Ancillary Relief) | PDF · Subscribers | |
Second Report Of The Monitor
| PDF · Subscribers | |
Approval And Vesting Order (Hamilton Waste Transfer Facility Transaction)
| PDF · Subscribers | |
Approval And Reverse Vesting Order
| PDF · Subscribers | |
| Pre-FIling Report of the Proposed Monitor | PDF · Subscribers | |
Endorsement of Justice Steele
| PDF · Subscribers | |
| Motion Record Of The Applicants (ARIO And SISP Approval Order) | PDF · Subscribers | |
SISP Approval Order
| PDF · Subscribers | |
| Factum of The Applicants | PDF · Subscribers | |
First Report of The Monitor
| PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
Monitor's Certificate (HWT Transaction)
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
| Affidavit Of Daniel Cameron | PDF · Subscribers | |
Amended And Restated Initial Order
| PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
Lien Regularization Order
| PDF · Subscribers | |
Aide Memoire Of The Bank of Nova Scotia
| 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., “QM GP Inc. and Highpoint Environmental Services Inc.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/qm-gp-inc-and-highpoint-environmental-services-inc