Order granted extending the stay of proceedings to January 29, 2027.
Source: Order of Justice Kimmel (Stay Extension and Fee Approval Order)
World Wide Carriers Ltd. et al. filed for protection under the Companies' Creditors Arrangement Act in the Ontario Superior Court of Justice (Commercial List) on March 17, 2025. An unaudited list of creditors submitted by the applicants as at March 25, 2025 sets out claims against World Wide Carriers Inc. and related entities including 2029037 Ontario Inc., JCD Cartage Inc., 90 Gaylord Road Holdings Inc. and 200 Edward Street Holdings Inc. The list spans hundreds of trade creditors, equipment and vehicle financiers, tax authorities, individuals and affiliated companies, with amounts ranging from nominal placeholder entries to claims exceeding $7.5 million owed by 2029037 Ontario Inc. to Bank of Montreal.
A claims procedure has been established — see the order for deadlines.
Per the Order of Justice Dunphy (Carrier Claims Process Order) dated 27 January 2026.
Order granted extending the stay of proceedings to January 29, 2027.
Source: Order of Justice Kimmel (Stay Extension and Fee Approval Order)
Order granted extending the stay of proceedings to October 23, 2026, with the Monitor continuing to administer the Carrier Claims Process and collect factored receivables.
Motion Record of the Applications (returnable September 29, 2026) — Application / notice of application
Ninth Report of the Monitor, GlassRatner Restructuring Inc., filed as equipment and real property sales continued; its fees and disbursements for March 1 to May 31, 2026 totalled $178,793.08.
Source: Ninth Report of the Monitor
Motion Record of the Applicants (returnable July 2, 2026) — Application / notice of application
Reported the credit bid closed and 25 pieces of Equipment resold for $850,000, cash of $972,122 at March 14, 2026, and sought approval of fees to February 28, 2026.
Source: Eighth Report of the Monitor
Motion Record of the Applicants (returnable March 26, 2026) — Application / notice of application
Approved the sale of scheduled vehicles and receivables to 2029037 Ontario Inc. for $3,218,100 plus the WWC Receivables as collected, consideration satisfied by reduction of secured debt.
Source: Order of Justice Dunphy (Approval and Vesting Order)
Reported $382,515 on hand at January 10, 2026 plus $2,432,100.50 held by the Monitor for a new DIP facility; restructuring fees of $230,714 were paid in the period.
Source: Seventh Report of the Monitor
Motion Record of the Applicants (returnable January 26, 2026) — Application / notice of application
Approved the transfer of the Bolton Property to 1001346148 Ontario Inc. and a DIP facility of up to $2.5 million from that lender; closing followed on December 11, 2025.
Source: Order of Justice Cavanagh (Approval and Vesting Order re Sale of 124 Commercial Road)
Order of Justice Cavanagh (Fourth Amended and Restated Initial Order) — Amended and restated initial order
Reported WWC ceasing operations by December 3, 2025, remaining equipment, intellectual property and receivables being monetized, and approximately $5 million payable to BMO in full satisfaction of 202 Ontario's debt.
Source: Sixth Report of the Monitor
Motion Record of the Applicants (returnable December 3 2025) — Application / notice of application
Order of Justice Conway (Third Amended and Restarted Initial Order) — Amended and restated initial order
Reported $767,774 of cash at September 28, 2025 against a $552,053 forecast, and restructuring professional fees of $839,693 over eleven weeks versus a $943,234 forecast.
Source: Fifth Report of the Monitor
Motion Record of the Applicants (returnable October 10, 2025) — Application / notice of application
Also approved the sale of the Mountainview Property to 10232367 Manitoba Ltd. under a May 16, 2025 agreement, vesting on delivery of the Monitor's certificate.
Source: Order of Justice Steele (Approval and Vesting Order re Sale of 125 Clairport)
Approved the sale of the Purchased Assets to VVN Investments Inc. under a June 12, 2025 agreement; the Claireport and Mountainview Properties closed August 22 and September 4, 2025.
Source: Order of Justice Steele (Approval and Vesting Order re Sale of 87 Mountainview Road)
Reported the Listed Real Properties marketing process: 1,521 parties solicited, 10 confidentiality agreements signed and 12 qualified bids received for the Mountainview and Claireport properties.
Source: Fourth Report of the Monitor
Motion Record of the Applicants (returnable July 28, 2025) — Application / notice of application
Reported the CRO engaged and limited operations resumed with key customers, with redundant equipment being sold and real properties listed, and very few employees remaining.
Source: Third Report of the Monitor
Motion Record of the Applicants (returnable June 4, 2025) — Application / notice of application
Further order granted in the proceedings. Avison Young (Canada) Inc. acted as listing broker for the real properties and Steinberg Advisory Corp. as sale agent for the Equipment.
Source: Lien Claim Process Order
Approved the Equipment Sale Process for trucks, trailers and other motor vehicles and a form of vesting order for future sales, with offers solicited from at least three purchasers per unit.
Source: Sale Process Approval Order
Supported approval of the Equipment Sale Process and a CRO engagement at $25,000 monthly plus taxes, with professional fees of $760,000 forecast over the 12 weeks to August 3, 2025.
Source: Second Report of the Monitor
Motion Record of the Applicants (returnable May 21, 2025) — Application / notice of application
First Report filed days after the initial order: most employees had stopped working over unpaid pre-filing payroll, leaving key staff and contractors; a CRO engagement and trailer sales were under negotiation.
Source: First Report of the Monitor
Initial order granted, appointing B. Riley Farber Inc. as Monitor of the ten applicants; the filing was made in part to pay out senior secured creditor Bank of Montreal.
The Applicants filed their application, commencing CCAA proceedings in the Ontario Superior Court of Justice (Commercial List).
Source: Application Record
Case update
World Wide Carriers: a stay to October 23 while the exit is worked out
Filed in March 2025 to pay out BMO and have its finances investigated for a shareholder buyout, the trucking group has repaid BMO, and the CRO's final report has gone to both sides of the dispute. The stay now runs to October 23; the monitor estimates concluding the proceedings will take until January 2027.
Debtor
World Wide Carriers Ltd. et al.
Monitor
B. Riley Farber
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 15 orders, Mar 2025 – Jul 2025 | 245 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 8 orders, Dec 2025 – Sep 2026 | 318 cases on record |
| Justice Dunphy | Ontario Superior Court of Justice | 4 orders, Jan 2026 | 93 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 4 orders, Oct 2025 | 310 cases on record |
| Justice Kimmel | Ontario Superior Court of Justice | 2 orders, Oct 2026 | 198 cases on record |
| Justice Myers | Ontario Superior Court of Justice | 2 orders, Mar 2026 | 117 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorB. Riley Farber | Miller Thomson LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| ApplicantWorld Wide Carriers Ltd. et al. | Reconstruct LLP | 19 Mar 2025 | Order · 19 Mar 2025 |
| Interim lenderNewco | Aird & Berlis LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorArmour Insurance Brokers Ltd and Great Atlantic Assurance Company | RSG Law Professional Corporation | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorBVD Capital Corporation | WeirFoulds LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorBVD Insurance | Simmons Da Silva LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorFirm Capital Corporation | Fogler, Rubinoff LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorGTA W21 Inc | Blaney McMurtry LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorMajority Shareholders in their personal capacity | Harrison Pensa LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorMercado Capital Corporation | Fij Law LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorNorthpoint Commercial Finance Inc | Blaney McMurtry LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorRoyal Bank of Canada | Harrison Pensa LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| CreditorSukhdev Dhaliwal in his personal capacity | Miller Thomson LLP | 20 Mar 2026 | Service list · 20 Mar 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal (BMO) · in 297 cases202 Ontario Loan Agreement (Mar 3, 2021, amended Apr 12, 2023): real estate facilities of max $2,000,000 and $6,384,179.02 (facility limits, not balances); GSA dated Jan 7, 2020; first charge on Commercial Road Property (principal $10,000,000 registered Apr 24, 2020 – registered principal, not balance); first charge on Claireport Crescent Property ($2,000,000 registered Apr 7, 2022); assignment of rents; guarantees from other Applicants and Shareholders. — Amount stated as 'approximately' plus accruing legal fees and disbursements. Pre-filing figure. — debtor: 2029037 Ontario Inc. (202 Ontario · as of 5 Feb 2025 | $7.54M | Motion Record of the Applications (returnable September 29, 2026) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured |
221 more claims in 3 classes The stack holds Secured, PMSI / lessors and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans14 transactions · 8 closed · 4 approved · 2 proposed — Equipment sale process ongoing with sales completed under thresholds set by the Fourth ARIONinth Report of the Monitor · 30 Jun 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 10232367 Manitoba Ltd.the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 16 May 2025 | Subscribers | Approved28 Jul 2025 | Order of Justice Steele (Approval and Vesting… |
| VVN Investments Inc.the Applicants' right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 12 Jun 2025 | Subscribers | Closed22 Aug 2025 | Monitor’s Certificate |
| Claireport Property purchaser, unnamed in this reportthe Claireport Property · real property | not stated | Closed22 Aug 2025 | Fifth Report of the Monitor |
| Mountainview Property purchaser, unnamed in this reportthe Mountainview Property · real property | not stated | Closed4 Sep 2025 | Fifth Report of the Monitor |
| NMG Transaction purchaser of 44 pieces of Equipment, unnamed44 pieces of Equipment · auction | Subscribers | Closed | Fifth Report of the Monitor |
| Second McDougall Transaction purchaser, unnamed126 vehicles · auction | Subscribers | Approved | Fifth Report of the Monitor |
| Ritchie Brother Transaction purchaser, unnamed33 vehicles · asset sale | Subscribers | Approved | Fifth Report of the Monitor |
| 202 Ontariothe Remaining Assets · asset sale | Credit bid | Proposed | Sixth Report of the Monitor |
| unnamedEquipment sold under the Equipment Sales Process (two tranches) | not stated | Closeddate not stated | Sixth Report of the Monitor |
| 1001346148 Ontario Inc.the Applicants' right, title and interest in and to the assets described in the Sale Agreement (the ' Purchased Assets ') · real property · agreement 3 Dec 2025 | not stated | Approved3 Dec 2025 | Order of Justice Cavanagh (Approval and Vesting… |
| 202 Ontariothe Remaining Equipment · asset sale · agreement 5 Dec 2025 | Subscribers | Proposed | Seventh Report of the Monitor |
| Newcothe Bolton Property · real property | not stated | Closed11 Dec 2025 | Seventh Report of the Monitor |
| 2029037 Ontario Inc.certain vehicles listed in Schedule 'B' hereof and the Receivables (as defined in the Purchase Agreement) (the 'Purchased Assets') · asset sale · agreement 5 Dec 2025 | Subscribers | Closeddate not stated | Eighth Report of the Monitor |
| third-party buyers of Equipment resold by 202 Ontario following the 202 Ontario Credit Bid25 pieces of Equipment owned by 202 Ontario · asset sale | Subscribers | Closeddate not stated | Eighth Report of the Monitor |
Bank of Montreal: paid in full.EstimatedSixth Report of the Monitor · 1 Dec 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredBMO | Bank of Montreal | — | paid in full | Estimatedper the monitor | Sixth Report of the Monitor · 1 Dec 2025 |
| Secured | Daimer Truck Financial Services Canada Corporation ("Daimler") | — | shortfallconditional | per the monitor | Sixth Report of the Monitor · 1 Dec 2025 |
| SecuredDaimler (secured claim against 202 Ontario, guarantee for shortfall) | Daimler Truck Financial Services Canada Corporation | — | shortfallconditional | per the monitor | Seventh Report of the Monitor · 22 Jan 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.
1 blurred figure 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 plans13 engagements · 3 firms — latest: Cassels Brock & Blackwell LLP, 1 Mar – 31 May 2026, incl. taxNinth Report of the Monitor · 30 Jun 2026
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| B. Riley Farber Inc.Monitorperiod 2 of 2 | 1 Jul – 31 Oct 2025 | — | Sixth Report of the Monitor · 1 Dec 2025 | ||||||||||||||||||||||||||||||||
| B. Riley Farber Inc.Monitorperiod 1 of 2 | 19 Mar – 30 Jun 2025Sought | — | Fourth Report of the Monitor · 25 Jul 2025 | ||||||||||||||||||||||||||||||||
| Cassels Brock & Blackwell LLPCounselperiod 5 of 5 | 1 Mar – 31 May 2026 | — | Ninth Report of the Monitor · 30 Jun 2026 | ||||||||||||||||||||||||||||||||
| Cassels Brock & Blackwell LLPCounselperiod 4 of 5 | 1 Nov 2025 – 28 Feb 2026 | — | — | 5 people | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||
5 people — Cassels Brock & Blackwell LLP, 1 Nov 2025 – 28 Feb 2026 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||
| Cassels Brock & Blackwell LLPCounselperiod 3 of 5 | to 31 Dec 2025 | 2 people | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||||
2 people — Cassels Brock & Blackwell LLP, to 31 Dec 2025 · 6 blurred figures
| |||||||||||||||||||||||||||||||||||
| Cassels Brock & Blackwell LLPCounselperiod 2 of 5 | 1 Jul – 31 Oct 2025 | — | Sixth Report of the Monitor · 1 Dec 2025 | ||||||||||||||||||||||||||||||||
| Cassels Brock & Blackwell LLPCounselperiod 1 of 5 | 18 Feb – 30 Jun 2025Sought | — | Fourth Report of the Monitor · 25 Jul 2025 | ||||||||||||||||||||||||||||||||
| GlassRatner Restructuring Inc.Monitorperiod 6 of 6 | 1 Mar – 31 May 2026 | — | Ninth Report of the Monitor · 30 Jun 2026 | ||||||||||||||||||||||||||||||||
| GlassRatner Restructuring Inc.Monitorperiod 5 of 6 | 1 Nov 2025 – 28 Feb 2026Sought | — | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||||
| GlassRatner Restructuring Inc.Monitorperiod 5 of 6 | 1 Feb – 28 Feb 2026 | 6 people | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||||
| GlassRatner Restructuring Inc.Monitorperiod 3 of 6 | 5 Nov 2025 – 31 Jan 2026 | 11 people | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||||
| GlassRatner Restructuring Inc.Monitorperiod 2 of 6 | 1 Dec – 31 Dec 2025 | 8 people | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||||
| GlassRatner Restructuring Inc.Monitorperiod 1 of 6 | 1 Nov – 30 Nov 2025 | 8 people | Eighth Report of the Monitor · 23 Mar 2026 | ||||||||||||||||||||||||||||||||
117 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
Cash on hand
$972K
As at 14 Mar 2026Eighth Report of the Monitor
Professional fees
As at
1 more reported figure, 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 |
|---|---|---|
Endorsement of Justice Kimmel
| PDF · Subscribers | |
Order of Justice Kimmel (Stay Extension and Fee Approval Order)
| PDF · Subscribers | |
Order of Justice Cavanagh (Stay Extension Order)
| PDF · Subscribers | |
| Factum of the Applicants (returnable September 29, 2026) | PDF · Subscribers | |
Tenth Report of the Monitor
| PDF · Subscribers | |
Motion Record of the Applications (returnable September 29, 2026)
| PDF · Subscribers | |
Endorsement of Justice Cavanagh – dated 2026-07-06
| PDF · Subscribers | |
Order of Justice Cavanagh (Stay Extension and Fee Approval Order)
| PDF · Subscribers | |
| Factum of the Applicants (returnable July 2, 2026) | PDF · Subscribers | |
Ninth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable July 2, 2026) | PDF · Subscribers | |
Endorsement of Justice Myers
| PDF · Subscribers | |
Order of Justice Myers (Stay Extension Order)
| PDF · Subscribers | |
| Factum of the Applicants (returnable March 26, 2026) | PDF · Subscribers | |
Eighth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable March 26, 2026) | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Endorsement of Justice Dunphy – dated 2026-01-27
| PDF · Subscribers | |
Order of Justice Dunphy (Approval and Vesting Order)
| PDF · Subscribers | |
Order of Justice Dunphy (Carrier Claims Process Order)
| PDF · Subscribers | |
Endorsement of Justice Dunphy
| PDF · Subscribers | |
| Factum of the Applicants – dated 2026-01-23 | PDF · Subscribers | |
Seventh Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable January 26, 2026) | PDF · Subscribers | |
Endorsement of Justice Cavanagh
| PDF · Subscribers | |
Order of Justice Cavanagh (Ancillary Order)
| PDF · Subscribers | |
Order of Justice Cavanagh (Approval and Vesting Order re Sale of 124 Commercial Road)
| PDF · Subscribers | |
Order of Justice Cavanagh (Fourth Amended and Restated Initial Order)
| PDF · Subscribers | |
| Factum of the Applicants (returnable December 3 2025) | PDF · Subscribers | |
Sixth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable December 3 2025) | PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
Order of Justice Conway (Ancillary Order)
| PDF · Subscribers | |
Order of Justice Conway (Possession Order)
| PDF · Subscribers | |
Order of Justice Conway (Third Amended and Restarted Initial Order)
| PDF · Subscribers | |
| Book of Authorities | PDF · Subscribers | |
| Factum of the Applicants – dated 2025-10-07 | PDF · Subscribers | |
Fifth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable October 10, 2025) | PDF · Subscribers | |
Monitor’s Certificate
| PDF · Subscribers | |
Endorsement of Justice Steele – dated 2025-07-28
| PDF · Subscribers | |
Order of Justice Steele (Ancillary Order)
| PDF · Subscribers | |
Order of Justice Steele (Approval and Vesting Order re Sale of 125 Clairport)
| PDF · Subscribers | |
Order of Justice Steele (Approval and Vesting Order re Sale of 87 Mountainview Road)
| PDF · Subscribers | |
| Factum of the Applicants – dated 2025-07-25 | PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable July 28, 2025) | PDF · Subscribers | |
| Proof of Claim | PDF · Subscribers | |
Endorsement of Justice Steele – dated 2025-06-04
| PDF · Subscribers | |
Order of Justice Steele (Possession Order)
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
| Factum of the Applicants (re Ace City Possession Order) | PDF · Subscribers | |
| Reply Motion Record of the Applicants | PDF · Subscribers | |
| Lien Claims Package | PDF · Subscribers | |
| Responding Motion Record | PDF · Subscribers | |
| Motion Record of the Applicants (returnable June 4, 2025) | PDF · Subscribers | |
D Express Possession Order
| PDF · Subscribers | |
Endorsement of Justice Steele – dated 2025-05-21
| PDF · Subscribers | |
Lien Claim Process Order
| PDF · Subscribers | |
Sale Process Approval Order
| PDF · Subscribers | |
Second Amended and Restated Order
| PDF · Subscribers | |
| Factum of the Applicants – dated 2025-05-19 | PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (returnable May 21, 2025) | PDF · Subscribers | |
Amended and Restated Initial Order
| PDF · Subscribers | |
Endorsement of Justice Steele – dated 2025-03-28
| PDF · Subscribers | |
| Factum of the Applicants (re Comeback Hearing) | PDF · Subscribers | |
First Report of the Monitor
| PDF · Subscribers | |
| Motion Record (returnable March 28, 2025) | PDF · Subscribers | |
Creditor List
| PDF · Subscribers | |
Notice to Creditors
| PDF · Subscribers | |
Endorsement of Justice Steele
| PDF · Subscribers | |
Order of Justice Steele (Initial Order)
| PDF · Subscribers | |
| Factum of the Applicants | PDF · Subscribers | |
| Pre-Filing Report of the Proposed Monitor | PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
| Certificate of Filing | 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., “World Wide Carriers Ltd. et al.” (CCAA), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/world-wide-carriers-ltd-et-al
Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/world-wide-carriers-ltd-et-al
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.