Alberta · CCAA
Sixth Report of the Monitor
Court officer report · 23 February 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 filing5 verified
- cash on handnote: Ending cash balance per Third Cash Flow Statement budget-to-actual, approximately $1 million higher than forecast. Fourth Cash Flow Statement notes opening cash of $3,934,024 as at February 7, 2026. · as at: 2026-02-06 · amount: 3900000 · currency: CAD · qualifier: approximately
- operational summaryThe Applicants continue to operate their hog farming operations (performing ahead of forecast) and eight retail grocery markets (below forecast), while the Trochu facility is closed. They are pursuing a dual-path restructuring (plan and SISP), though the Monitor remains concerned about the pace of progress toward a SISP.
- professional feesnote: Forecast figure, not incurred fees; includes catch-up payments toward arrears to Blue Rock. Separately, approximately $880,000 of Blue Rock legal fees is billed and unpaid; Monitor estimates approximately $4 to $5 million in legal fees incurred to date collectively by the Applicants, Monitor, NBC and Compeer; Restructuring Advisor expected to cost $125,000 per month. Tax treatment not stated. · party: Applicants' legal counsel, the Monitor, the Monitor's legal counsel, and the Restructuring Advisor (forecast) · amount: 1700000 · period: 10-week Forecast Period ending April 17, 2026 · currency: CAD
- report date23 February 2026
- report noSixth Report