Ontario · CCAA
Ninth Post Plan Implementation Report dated August 4, 2026
Court officer report · 4 August 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing2 verified
- unsecured creditorsnote: Approximate figure; the document names no individual creditors. Under the Plan, unsecured creditors received a cash distribution of 25% of their claims (the Initial Distribution of approximately $4.7 million, made on or around February 18, 2022) and a non-interest-bearing promissory note for the balance (page 6 footnote and page 10); approximately $13.9 million remains owing under the Promissory Note, unchanged since the Initial Distribution, maturing February 9, 2027 with possible extension (page 10). There are no Disputed Claims or outstanding issues in the Claims Procedure (page 10). Uncashed Distribution cheques of approximately $42,000 remain in the Creditor Distribution Pool Account; the claims of those Affected Creditors are considered satisfied and forever barred (page 11). · page: 10 · basis: Proven Claims under the Plan's claims procedure: 'Proven Claims totalled approximately $18.6 million' · amount: 18600000 · debtor: CCAA Entities (Rosebud Creek Financial Corp., 957855 Alberta Ltd. and Metro 360 General Partnership) · creditor: Affected Creditors with Proven Claims (aggregate as reported) · currency: CAD
- recovery outcomeentries: basis: actual · quote: On or around February 18, 2022, the CCAA Entities made the Initial Distribution of approximately $4.7 million in respect of the Proven Claims. · pct of: unstated · outcome: distribution · class key: unsecured · stated by: monitor · amount low: 4700000 · amount high: 4700000 · class label: Affected Creditors with Proven Claims · claims amount: 18600000 · interim final: unstated · claims qualifier: proven; basis: plan · quote: Under the Plan, unsecured creditors received a cash distribution of 25% of their claims and a promissory note for the balance to be satisfied largely from the prospective sale of the Subsidiaries, or certain of them. · pct of: unstated · outcome: distribution · pct low: 25 · pct high: 25 · class key: unsecured · stated by: monitor · class label: unsecured creditors · interim final: unstated · conditional on: and a promissory note for the balance to be satisfied largely from the prospective sale of the Subsidiaries · claims qualifier: unstated; basis: actual · quote: There have been no further distributions to Affected Creditors with Proven Claims. · pct of: unstated · outcome: nil · class key: unsecured · stated by: monitor · class label: Affected Creditors with Proven Claims · interim final: unstated · claims qualifier: unstated · stated on: 2026-08-04 · table missing: