Quebec · CCAA
Third Report of the Monitor
Court officer report · 10 September 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 filing7 verified
- cash on handnote: Approximately $351,000 higher than forecast · as at: 2026-09-06 · amount: 505000 · currency: CAD · qualifier: approximately
- operational summaryThe Debtors' TDP line remains in care and maintenance with limited reignition for SISP demonstrations, an environmental incident (odorous water discharge) at the Hawkesbury facility triggered remediation and MECP involvement, and the Monitor has selected a Successful Bid and is finalizing an APA with a Potential Purchaser.
- purchaserprice: sealed: false · scope: the assets · status: proposed · name note: Successful Bid selected; APA being finalized, purchaser referred to as 'Potential Purchaser' · structure: assets · name source: operative · relationship: unstated
- report date10 September 2026
- report noThird Report
- sale advisorKPMG Corporate Finance Inc.
- sale outcometext: Monitor has selected a Successful Bid and is finalizing the APA; transaction not yet before the Court for approval · scope: whole_business · status: bid_selected