Quebec · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 21 May 2026
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What we verified from this filing8 verified
- appointeeKPMG INC.
- appointee roleProposed Monitor
- courtSUPERIOR COURT
- court file no500-11-
- provinceQUÉBEC
- statutory basisCompanies' Creditors Arrangement Act, R.S.C. 1985, C. C-36, As Amended
- financial positionnote: Total assets ~$54 million (current assets ~$0.6M, long-term assets ~$53.4M); total liabilities ~$55.5 million; equity deficit of approximately $1.5 million · page: 8 · as at: 2025-12-31 · basis: audited consolidated balance sheet (book value) · scope: consolidated - Ecolomondo Group (Ecolomondo Corporation and subsidiaries) · currency: CAD · total assets: 54016440 · total liabilities: 55529311
- secured creditorsnote: Total outstanding indebtedness including accrued interest as of May 11, 2026 (exact balance); prose approximation elsewhere in report states 'approximately $55 million' · page: 9 · as of: 2026-05-11 · amount: 54555097 · debtor: Ecolomondo Hawkesbury (guaranteed by Ecolomondo Corporation) · creditor: Export Development Canada (EDC) · currency: CAD · security: First-ranking security interest on all present and future movable and immovable assets of Ecolomondo Hawkesbury; senior security on intellectual property of Ecolomondo Corporation increased to $4.7 million; Term Facility original principal $32,125,000 plus subsequent loans of $3 million, $2 million, and $2.7 million ($2,205,000 disbursed as of May 11, 2026)