Alberta · CCAA
Second Report of the Monitor
Court officer report · 4 June 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing6 verified · 1 withheld
- cash on handnote: Stated in CAD millions ($10.9 million); approximately $66 million drawn on the DIP Facility with an additional $24 million available to be drawn. · as at: 2026-05-22 · amount: 10.9 · currency: CAD · qualifier: approximately
- operational summaryThe Group continues Farm Operations in the normal course under CCAA protection, having seeded about 84% of its planned 2026 acres, with the remainder expected in the next few weeks; it is preparing a SISP to market its land and assets.
- receipts cumulativenote: Operating receipts only, actual vs forecast $20.1 million; excludes DIP Facility draws (net DIP funding of $66.0 million). Stated in CAD millions ($18.6). · since: April 18, 2026 (five-week period ending May 22, 2026) · amount: 18600000 · currency: CAD
- report date4 June 2026
- report noSecond Report
- sale outcometext: The Applicants filed a notice of application seeking approval of a proposed sales and investment solicitation process (SISP) and an expedited sale approval and vesting order process, not yet approved by the Court as of this Report. · scope: whole_business · status: process_approved
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.