Ontario · CCAA
Sixth Report of the Monitor
Court officer report · 1 December 2025
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What we verified from this filing5 verified
- closing confirmedscope: Equipment sold under the Equipment Sales Process (two tranches) · outcome: completed · date basis: unstated
- fee scheduleengagements: form: prose · rows: · money: tax: label: Harmonized Sales Tax · quote: Harmonized Sales Tax in the aggre · amount: 37528.24 · fees: quote: fees in the amount of $286,162.00 · amount: 286162 · total: quote: in the total amount of $326,494.58 · amount: 326494.58 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: disbursements in the amount of $2,804.34 · amount: 2804.34 · period: end: 2025-10-31 · kind: invoice · quote: for the period from July 1, 2025, to October 31, 2025, in the total amount of $326,494.58 · start: 2025-07-01 · approval: state: unstated · averages: rate: 617.66 · quote: The average hourly rate in respect of time as outlined in Exhibit 'A' is $617.66. · currency: · invoices: · firm text: B. Riley Farber Inc. · firm quote: appointed B. Riley Farber Inc. (' BRF ') 2 as Monitor of the Applicants (in such capacity, the ' Monitor ') · context quote: appointed B. Riley Farber Inc. (' BRF ') 2 as Monitor of the Applicants (in such capacity, the ' Monitor '); form: prose · rows: · money: total: quote: fees and disbursements including Harmonized Sales Tax (' HST '), in the amount of $222,489.46 · amount: 222489.46 · includes tax: true · includes disbursements: true · approximate: false · period: end: 2025-10-31 · kind: invoice · quote: For the period from July 1, 2025, to October 31, 2025, Cassels incurred fees and disbursements · start: 2025-07-01 · approval: state: unstated · averages: rate: 612.87 · quote: The average hourly rate charged by Cassels was $612.87. · currency: · invoices: · firm text: Cassels · firm quote: Cassels incurred fees and disbursements · context quote: Cassels incurred fees and disbursements including Harmonized Sales Tax (' HST '), in the amount of $222,489.46.
- purchaser1001346148 Ontario Inc.; 202 Ontario; 202 Ontario
- recovery outcomeentries: basis: unstated · quote: (e) Approximately $5 million to BMO in full satisfaction of the debt owing by 202 Ontario. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · amount low: 5000000 · amount high: 5000000 · class label: BMO · creditor name: Bank of Montreal · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Daimler holds security over certain Equipment and a guarantee from 202 Ontario for any shortfall. · pct of: unstated · outcome: shortfall · class key: secured · stated by: monitor · class label: Daimler Truck Financial Services Canada Corporation · creditor name: Daimer Truck Financial Services Canada Corporation ("Daimler") · interim final: unstated · conditional on: quantum of the claim against 202 Ontario for any shortfall is to be determined following the sale · claims qualifier: unstated · stated on: 2025-12-01 · table missing:
- sale outcometext: Equipment sale process ongoing with remaining equipment and assets to be sold; Bolton Property refinancing/transfer to Newco proposed · scope: liquidation · status: liquidation_in_progress