Ontario · CCAA
Joint Eighth Report of Monitor and Receiver and Manager
Court officer report · 16 June 2026
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What we verified from this filing12 verified
- report date15 June 2026
- report noEighth
- operational summaryThe Receiver has continued to oversee the operation of the properties which currently include Woodbine Mall and Rexdale Mall.
- cash on handamount: 800000 · currency: CAD · approximate: true · description: cash held on behalf of Respondent Birchmount Holdings; amount: 3000000 · currency: CAD · approximate: true · description: cash held in respect of the Woodbine Companies
- receipts cumulativeamount: 4900000 · currency: CAD
- operational summaryThe Woodbine Transaction has closed with the Monitor working through post-closing issues before an anticipated bankruptcy assignment for ResidualCo; the Receiver continues efforts to sell Rexdale Mall (now under a firm APA), while Sunpact remains subject to a proposed bankruptcy filing and outstanding CRA and municipal tax claims.
- process resultsndas: 38 · note: Rexdale Mall marketing process; 567 investors also referenced · as of: 2023-10-13 · solicited: 500
- purchaser100 Ontario Inc.; RIC Woodbine; price: sealed: false · scope: Rexdale Mall · status: not_completed · name note: potential purchaser under APA dated August 18, 2025, unnamed; no agreement reached · structure: assets · name source: operative · relationship: unstated · agreement date: 2025-08-18
- report date15 June 2026
- report noJoint Eighth Report
- sale advisorRoyal LePage Signature Realty; Ernst & Young Orenda Corporate Finance Inc. and Ernst & Young Real Estate Services Inc.; Colliers
- sale outcometext: Rexdale Mall sale process ongoing, no acceptable bid reached; Woodbine Mall proposed RIC Woodbine share transaction pending approval · scope: whole_business · status: pending_approval