Ontario · CCAA
Seventeenth Report of the Monitor
Court officer report · 22 July 2026
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What we verified from this filing9 verified
- cash on handnote: Closing cash balance per cash flow variance report; excludes $4 million held in trust from Affiliate Lease Assignment Transaction which is incremental. · as at: 2026-07-17 · amount: 15900000 · currency: CAD · qualifier: approximately
- closing confirmedscope: the sixth online auction · outcome: completed · effective: 2026-06-02 · date basis: stated; scope: the seventh online auction · outcome: completed · effective: 2026-06-18 · date basis: stated; scope: the Hudson's Bay Company Royal Charter · outcome: completed · date basis: unstated; scope: the Central Walk Transaction · outcome: not_completed · date basis: unstated
- operational summaryThe Applicants' wind-down has largely been completed, with remaining matters focused on the Pension Plan surplus, the Royal Trust Motion, and enhancing the Monitor's powers via the proposed Transition Order to administer remaining CCAA matters.
- professional feesnote: Figure is a period (not cumulative) actual disbursement from the cash flow variance table, shown against a budget of $1,763,000 (in $000's). · party: Professionals engaged in the CCAA Proceedings (per Cash Flow Variance Report) · amount: 1534000 · period: 5-week Reporting Period, June 13 to July 17, 2026 · currency: CAD
- purchaserprice: note: aggregate hammer price across multiple auctions; individual sale prices not stated · basis: cash · sealed: false · currency: CAD · scope: the Art Collection · status: closed · name note: purchasers of Art Collection items at Heffel auctions, unnamed · structure: auction · name source: recital · relationship: unstated
- report date22 July 2026
- report noSeventeenth Report
- sale advisorHeffel; Reflect Advisors, LLC
- sale outcometext: The Art Collection Auction has largely been completed · scope: ancillary · status: closed