Ontario · CCAA
Twelfth Report of the Monitor
Court officer report · 22 July 2026
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What we verified from this filing9 verified
- cash on handnote: Cash balance after completing the Second PTC Distribution; excludes a Holdback of approximately $6.1 million reserved for wind-down costs and CRA reserve. · as at: 2026-07-22 · amount: 6400000 · currency: CAD · qualifier: approximately
- closing confirmedscope: the Purchased Assets · outcome: completed · effective: 2025-12-15 · purchaser: 1001363332 Ontario Inc. · date basis: stated · approval order date: 2025-11-10
- operational summaryFollowing closing of the Transaction and the sale of substantially all business and assets, the Debtors have no ongoing operations and are transitioning toward bankruptcy proceedings for an orderly wind-up.
- process resultsnote: figures from reproduced Ninth Report reference to Phase 2 Bids · as of: 2025-11-03 · qualified bids: 4
- purchaser1001363332 Ontario Inc.
- report date22 July 2026
- report noTwelfth Report
- sale advisorCanadian Imperial Bank of Commerce
- sale outcometext: the Transaction closed and substantially all of the business and assets of the Debtors were sold pursuant to the Transaction · scope: whole_business · status: closed