Walgre Transport Inc. and 2793309 Ontario Ltd.
- Proceeding
- CCAASection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- BK-25-03241505-0032
- Industry
- Transportation & logistics · Trucking & freight
Walgre Transport Inc. and 2793309 Ontario Ltd. filed a Notice of Intention to Make a Proposal under section 50.4(1) of the Bankruptcy and Insolvency Act on June 27, 2025, with Grant Thornton Limited as proposal trustee, in the Ontario Superior Court of Justice, Commercial List, court file BK-25-03241505-0032. A creditor list reports Walgre Transport Inc.'s largest claims as RBC at $8,451,928.59, Roynat at $8,441,750.00, and the Bank of Nova Scotia at $6,510,926.99, plus a separate Bank of Nova Scotia claim of $2,465,899.23 also listed against 2793309 Ontario Ltd. TPine Leasing Capital Corporation claims of $180,458.92 and $421,794.13 are listed against 2793309 Ontario Ltd. as well.
A claims procedure has been established — see the order for deadlines.
Per the Instruction Letter for the Claims Procedure.pdf dated 8 October 2025.
The officer filed report no. Third Report. The Applicants continue operating as a going concern during the CCAA proceedings, servicing customers and employing over 200 employees and contractors while relying on DIP financing, with the Plan intended to allow continued operations post-restructuring.
Source: Third Report of the Monitor dated January 27, 2026.pdf
The officer filed report no. Second Report. The report focuses on the voting results of the creditor meetings on the Plan and related claims issues (TDEF/Platinum and TPine), rather than ongoing business operations; the Plan was approved and the Companies intend to seek Court sanction.
Source: Second Report of the Monitor dated January 13, 2026.pdf
Amended Plan of Compromise and Arrangement dated on December 23, 2025.pdf — Plan of arrangement / compromise
The officer filed report no. First Report. The Companies continue ordinary course transportation operations while relying on DIP financing, having returned surrendered equipment, negotiated lease amortization extensions with lessors/financiers, and are pursuing a plan of compromise and arrangement to restructure and continue as a going concern.
Source: First Report of the Monitor with Appendices dated December 10, 2025.pdf
The officer filed report no. Third Report of the Proposal Trustee / Pre-Filing Report of the Proposed Monitor. The Companies continue ordinary course trucking/logistics operations while executing a restructuring plan involving returning non-essential equipment, renegotiating lease amortization with lessors/financiers, marketing the Mississauga head office property for sale (expected to close December 15, 2025), and relying on DIP financing to fund operations as they transition from NOI proceedings into proposed CCAA proceedings.
Source: Third Report of the Proposal Trustee dated October 3, 2025.pdf
The officer filed report no. Second Report. The Companies continue operating their integrated cross-border and domestic trucking and logistics business while working with lessors/financiers on equipment surrenders and lease amendments, and are seeking a further stay extension to pursue a viable proposal. Court file BK-25-03241505-0032.
Source: Second Report of the Proposal Trustee dated September 5, 2025.pdf
The officer filed report no. First Report. The Companies, an integrated transportation and logistics business, are experiencing reduced customer volumes and fleet underutilization, are returning surplus tractors and trailers to lessors/financiers, and are seeking DIP financing and an extension of the NOI period to pursue restructuring options. Court file BK-25-03241505-0032.
Source: First Report of the Proposal Trustee dated July 10, 2025.pdf
Undated filings3 — no date appears on the document · show
Creditors List - Walgre Transport Inc. and 2793309 Ontario Ltd.pdf — Claims process approved
Debtor
Walgre Transport Inc. and 2793309 Ontario Ltd.
Monitor
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | RBC · in 25 casesdebtor: Walgre Transport Inc. | $8.45M | Creditors List - Walgre Transport Inc. and 2793309 Ontario Ltd.pdf |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
47 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: paid in full.Under the plan · implementedThird Report of the Monitor dated January 27, 2026.pdf · 27 Jan 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | Equipment Creditor Class | — | paid in fullconditional | Under the planimplementedper the monitor | Third Report of the Monitor dated January 27, 2026.pdf · 27 Jan 2026 |
| Unsecured | Intercompany Claims | — | no distribution | Under the planimplementedper the debtor | Amended Plan of Compromise and Arrangement dated on December 23,… · 23 Dec 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.
3 engagements · 1 firm — latest: Chaitons LLP, 1 Oct 2025 – 25 Jan 2026Third Report of the Monitor dated January 27, 2026.pdf · 27 Jan 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Chaitons LLPCounsel to the debtorperiod 3 of 3 | 1 Oct 2025 – 25 Jan 2026 | — | — | not stated | Third Report of the Monitor dated January 27, 2026.pdf · 27 Jan 2026 |
| Chaitons LLPCounsel to the debtorperiod 2 of 3 | — | 3 people | Third Report of the Monitor dated January 27, 2026.pdf · 27 Jan 2026 | ||
| Chaitons LLPCounsel to the debtorperiod 2 of 3 | — | — | 5 people | Third Report of the Monitor dated January 27, 2026.pdf · 27 Jan 2026 | |
29 blurred figures above
What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansCumulative receipts
$6.98M
As at 5 Sep 2025Second Report of the Proposal Trustee dated September 5, 2025.pdf
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 |
|---|---|---|
| Monitor’s Implementation Certificate dated February 26, 2026.pdf | PDF · Subscribers | |
Third Report of the Monitor dated January 27, 2026.pdf
| PDF · Subscribers | |
Second Report of the Monitor dated January 13, 2026.pdf
| PDF · Subscribers | |
Notice of Meetings and Sanctions Hearing.pdf
| PDF · Subscribers | |
Amended Plan of Compromise and Arrangement dated on December 23, 2025.pdf
| PDF · Subscribers | |
Equipment Creditor Proxy.pdf
| PDF · Subscribers | |
General Unsecured Creditor Proxy.pdf
| PDF · Subscribers | |
First Report of the Monitor with Appendices dated December 10, 2025.pdf
| PDF · Subscribers | |
| Instruction Letter for the Claims Procedure.pdf | PDF · Subscribers | |
| Notice Letter for the Claims Procedure.pdf | PDF · Subscribers | |
| Notice of Acceptance, Revision or Disallowance.pdf | PDF · Subscribers | |
| Proof of Claim.pdf | PDF · Subscribers | |
Third Report of the Proposal Trustee dated October 3, 2025.pdf
| PDF · Subscribers | |
Second Report of the Proposal Trustee dated September 5, 2025.pdf
| PDF · Subscribers | |
First Report of the Proposal Trustee dated July 10, 2025.pdf
| PDF · Subscribers | |
Creditor Package dated July 2, 2025 - 2793309 Ontario Ltd.pdf
| PDF · Subscribers | |
Creditor Package dated July 2, 2025 - Walgre Transport Inc.pdf
| PDF · Subscribers | |
| Information Statement.pdf | PDF · Subscribers | |
Creditors List - Walgre Transport Inc. and 2793309 Ontario Ltd.pdf
| PDF · Subscribers | |
| Notice of Dispute of Claim Statement.pdf | PDF · Subscribers | |
| Notice of Dispute of Revision or Disallowance.pdf | 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., “Walgre Transport Inc. and 2793309 Ontario Ltd.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/walgre-transport-inc-and-2793309-ontario-ltd