Résidence Plaisance des Îles Inc. and CHSLD des Îles-de-la-Madeleine Inc. have been in court-appointed receivership under s. 243 of the Bankruptcy and Insolvency Act and provincial judicature legislation since November 12, 2024, before the Superior Court of Québec, and the proceeding remains active. The two related Quebec long-term care operators share their principal secured creditors, each of whom is listed against both debtors: Société d'Habitation du Québec at $26,632,753.00, Investissement Québec at $7,528,336.00, Banque Nationale du Canada at $6,688,649.00 and Caisse populaire Desjardins des Ramées at $6,625,314.00. Related party 129692 Canada is listed as secured against Résidence Plaisance for $2,000,000.00 and unsecured for a further $655,000.00. CHSLD's unsecured creditors include Résidence Plaisance des Iles at $6,200,000.00, Agence Nomade inc. at $293,809.79 and CISSS des Iles at $292,045.78.
The officer filed a report. The debtor ceased operations and had no remaining assets by the date of assignment, following a court-approved sale of all CHSLDI/RPI assets to Santé Québec that closed March 31, 2025; no distribution to unsecured creditors is expected.
Source: Trustee's Report on its preliminary administration (in French only)
The officer filed report no. Troisième rapport. RPI continues to operate the 143-unit seniors' residence under the Receiver's supervision, with Cogir assisting on operational measures. Under the proposed transactions, Santé Québec would buy the building and movables, and RPI would lease back its space. CHSLD would be left with no assets or operations, so the Receiver seeks authority to file an assignment in bankruptcy for it.
Request of the Receiver for an Approval and Vesting Order and a Distribution Order (in French only) — Approval and vesting order
The officer filed report no. Deuxième rapport. The Receiver has taken possession, implemented conservatory measures, and retained Cogir Immobilier to review operations; the debtors' retirement residence continues operating with $1M interim financing deemed sufficient until January 24, 2025, while scenarios for continued operations or a sale process are being developed.
Request of the Receiver for recovery of funds (in French only) — Application / notice of application
The court appointed PricewaterhouseCoopers Inc. as séquestre, on the application of BANQUE NATIONALE DU CANADA et CAISSE POPULAIRE DESJARDINS DES RAMÉES. Court file 115-11-000002-249.
Request for the appointment of a Receiver and other relief (in French only) — Application / notice of application
Debtor
Résidence Plaisance des Iles Inc. & CHSLD des Îles-de-la-Madeleine Inc
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice St-Onge | Superior Court of Québec | 3 orders, Nov 2024 – Mar 2025 | 1 case on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverPwC | Fasken Martineau DuMoulin LLP | 19 Nov 2024 | Application · 19 Nov 2024 |
| Applicant | Fasken Martineau DuMoulin LLP | 28 Mar 2025 | Order · 28 Mar 2025 |
| CreditorBanque Nationale du Canada | McCarthy Tétrault LLP | 28 Mar 2025 | Order · 28 Mar 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Société d'Habitation du Québec · in 2 casesSame creditor and identical amount also listed as secured against CHSLD des Îles-de-la-Madeleine Inc. — debtor: Résidence Plaisance des Îles Inc. | $26.6M | Notice to creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
69 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 plansSale closed — La transaction s'est conclue le 31 mars 2025.Trustee's Report on its preliminary administration (in French only) · 6 Aug 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Santé Québecl'immeuble appartenant à RPI qui abrite la RPA et le CHSLD · asset sale | Subscribers | Closed31 Mar 2025 | Trustee's Report on its preliminary… |
As at ·
Cumulative receipts
$1.21M
As at 26 Nov 2024Second report of the Receiver (in French only)
Cumulative disbursements
As at
Cash on hand
As at
2 more reported figures, 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 |
|---|---|---|
Trustee's Report on its preliminary administration (in French only)
| PDF · Subscribers | |
Notice of bankruptcy and first meeting of creditors
| PDF · Subscribers | |
Approval and Vesting Order (in French only)
| PDF · Subscribers | |
Distribution Order (in French only)
| PDF · Subscribers | |
Third report of the Receiver (in French only)
| PDF · Subscribers | |
| Request of the Receiver for an Approval and Vesting Order and a Distribution Order (in French only) | PDF · Subscribers | |
Minutes of the hearing (in French only)
| PDF · Subscribers | |
Second report of the Receiver (in French only)
| PDF · Subscribers | |
Notice to creditors
| PDF · Subscribers | |
Request of the Receiver for recovery of funds (in French only)
| PDF · Subscribers | |
Order appointing a Receiver (in French only)
| PDF · Subscribers | |
| First Report of the Proposed Receiver (in French only) | PDF · Subscribers | |
Request for the appointment of a Receiver and other relief (in French only)
| 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., “Résidence Plaisance des Iles Inc. & CHSLD des Îles-de-la-Madeleine Inc” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/r-sidence-plaisance-des-iles-inc-chsld-des-les-de-la-madeleine-inc
Sources last checked · summary updated 4 September 2026 · Report a correction · Printed from proceedings.ca/case/r-sidence-plaisance-des-iles-inc-chsld-des-les-de-la-madeleine-inc
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.