Quebec · CCAA
Thirty-Third Report of the Monitor – dated December 4,
Court officer report · 11 November 2025
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 filing5 verified
- cash on handnote: Additional funds held by the Monitor for a subsequent distribution at the conclusion of the CCAA: a $10 million reserve (net $7.2 million available after approximately $2.8 million was ordered paid on administrative claims) plus $8.6 million of interest earned. These funds are held for distribution to claimants, not free operating cash. · amount: 15800000 · currency: CAD · qualifier: currently
- operational summaryThe CCAA is in its administration/wind-down phase: the Monitor has made distributions to claimants and is awaiting resolution of the Province's claim, ongoing US Chapter 11 litigation against CP, and final allocation of interest before concluding the proceedings.
- professional feesnote: Amount is fees/disbursements excluding sales taxes; $90,610 including sales taxes. Remaining Administration Charge to complete the CCAA is $317,455 ($366,214 with taxes), and the Monitor and its counsel hold a $150,000 retainer to be applied to final invoices. · party: Canadian Professionals (Richter as Monitor $47,252; Woods $17,588; Gowling WLG $13,969) · amount: 78808 · period: June 1, 2020 to November 30, 2020 · currency: CAD
- report date4 December 2020
- report noThirty-Third Report of the Monitor