Xplore Inc. et al.
- Proceeding
- CCAACOMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED
- File
- CL-26-00000484-0000
Xplore Inc. and a group of related applicants, including Stonepeak Falcon Holdings Inc., Stonepeak Falcon Guarantor ULC and a number of Xplore Spectrum and Xplore Fibre holding and network companies, obtained protection under the Companies' Creditors Arrangement Act on November 10, 2026. The initial order was made by the Ontario Superior Court of Justice on the Commercial List under court file CL-26-00000484-0000, and FTI Consulting Canada Inc. was appointed monitor. The proceedings remain active.
Initial order made Tuesday, November 10, 2026, commencing CCAA proceedings for Xplore Inc. and the related applicants and appointing FTI Consulting Canada Inc. as monitor.
Source: Initial Order
Filing brief
Xplore: a rural internet provider's CCAA and a $154.5 million DIP
Xplore, which describes itself as Canada's largest rural-focused internet provider, obtained CCAA protection on November 10 after its controlling shareholder, Stonepeak, and a lender committee could not agree on a recapitalization, its CRO swears. Justice Dunphy approved a $154.5 million DIP; $77 million may be drawn now, about $53.5 million to repay the August bridge.
Debtor
Xplore Inc. et al.
Monitor
FTI
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Dunphy | Ontario Superior Court of Justice | 1 order, Nov 2026 | 97 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantXplore Inc. et al. | Goodmans LLP | 10 Nov 2026 | Order · 10 Nov 2026 |
| Date | Document | File |
|---|---|---|
Notice to Creditors
| PDF · Subscribers | |
| Application Record | PDF · Subscribers | |
| Factum of the Application | PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Pre-Filing Report of The Proposed Monitor | 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., “Xplore Inc. et al.” (CCAA), Ontario Superior Court of Justice. Retrieved 12 November 2026, https://proceedings.ca/case/xplore