Newfoundland and Labrador · NOI
First Report of the Proposal Trustee – Pitter Patter Daycare
Court officer report · 16 April 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 filing4 verified
- financial positionnote: Includes two mortgages with RBC totaling approximately $2,081,207, payroll account debt with CRA, and other debts; total assets not stated. · basis: PPDI's own estimate at time of filing the NOI · scope: entity - Pitter Patter Daycare Inc. · currency: CAD · total liabilities: 3597000
- operational summaryPPDI continues to operate four childcare facilities employing over 90 educators and serving over 270 children, while working with the Proposal Trustee and government representatives on refinancing, interim financing, and revised cash flow projections needed to secure OGP funding and pursue a possible sale.
- report date16 April 2026
- report noFirst Report