Quebec · CCAA
2026-05-13 Fifth Report of the Monitor (in French)
Court officer report · 13 May 2026 · French
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What we verified from this filing18 verified
- report date13 May 2026
- report no5.00
- operational summaryThe Controller continued conservatory measures and asset management, including surface water management, environmental compliance and remediation, the sale of steel inventory, the claims process, and the Investment and Sale Solicitation Process (PSIV).
- cash on handamount: 23787000 · currency: CAD
- professional feesamount: 1971000 · currency: CAD
- receipts cumulativeamount: 18257000 · currency: CAD
- cash on handnote: Held in trust by the Controller; stated to largely exceed funds required to complete the SISP · as at: 2026-05-08 · amount: 23787000 · currency: CAD · qualifier: plus de (more than)
- closing confirmedscope: la vente du stock d'acier · outcome: completed · effective: 2026-03-13 · date basis: stated · approval order date: 2026-03-11
- disbursementsnote: Cumulative actual cash disbursements from the initial order date to May 8, 2026 · since: 5 septembre 2025 · amount: 7005000 · currency: CAD
- operational summaryThe Debtors have ceased operations; the Monitor continues to manage environmental containment and remediation on the site while conducting a two-phase investment and sale solicitation process (SISP) for the remaining land.
- process resultsbids: 10 · lois: 10 · note: Compte fait référence aux Offres non contraignantes de Phase 1 et aux Soumissionnaires qualifiés pour la Phase 2 · as of: 2026-04-15 · qualified bids: 8
- professional feesnote: Cumulative professional fees paid since the initial order date; some April/part of March fees not yet billed or paid · party: Contrôleur et procureurs (Monitor and its legal counsel) · amount: 1971000 · period: 5 septembre 2025 au 8 mai 2026 · currency: CAD
- purchaserprice: sealed: false · scope: la vente du stock d'acier · status: closed · name note: acheteur du stock d'acier, non nommé · structure: assets · name source: recital · relationship: unstated
- receipts cumulativenote: Cumulative actual cash receipts from the initial order date to May 8, 2026 · since: 5 septembre 2025 · amount: 18257000 · currency: CAD
- report date13 May 2026
- report noCinquième Rapport du Contrôleur
- sale advisorRaymond Chabot inc.
- sale outcometext: PSIV Phase 1 completed with non-binding offers received; Phase 2 proposed · scope: parcel · status: process_approved