Ontario · CCAA
Fourth Report Of The Monitor
Court officer report · 22 April 2026
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What we verified from this filing9 verified
- cash on handnote: Figure described as the amount the Monitor is holding as of the date of the Fourth Report. · as at: 2026-04-22 · amount: 4000000 · currency: CAD · qualifier: approximately
- closing confirmedscope: the transaction (' HWT Transaction ') · outcome: completed · effective: 2025-10-31 · purchaser: 1001367859 Ontario Inc. · date basis: stated · approval order date: 2025-10-24; scope: the QM Transaction · outcome: completed · effective: 2025-11-04 · purchaser: WeShall Investments Inc. · date basis: stated · approval order date: 2025-10-24
- fee scheduleengagements: form: prose · rows: · money: approximate: false · period: kind: unstated · label: Application Period · quote: Application Period, at an average hourly rate of $854.09. · approval: state: unstated · averages: rate: 854.09 · quote: Application Period, at an average hourly rate of $854.09. · currency: · invoices: · firm text: Goodmans LLP · firm quote: GOODMANS LLP · context quote: Application Period, at an average hourly rate of $854.09.
- operational summaryResidualCo (the sole remaining CCAA applicant) has no ongoing business operations following the QM and HWT Transactions; the Monitor is winding down the CCAA proceedings by administering the LRO lien claims process, pursuing residual receivables/holdbacks, and preparing for an eventual distribution to creditors.
- professional feesnote: Plus disbursements of $17,050.54 and taxes of $186,852.53; excludes Goodmans LLP (Monitor's counsel) fees of $758,229.50, disbursements of $2,014.50 and taxes of $98,791.56 for the period July 30, 2025 to April 19, 2026. · party: Monitor (Alvarez & Marsal Canada Inc.) · amount: 1427782 · period: July 29, 2025 to April 18, 2026 · currency: CAD
- purchaser1001367859 Ontario Inc.
- report date22 April 2026
- report noFourth Report of the Monitor
- sale outcometext: The QM Transaction and the HWT Transaction have both closed, and the QM Group emerged from the CCAA Proceedings · scope: whole_business · status: closed