British Columbia · CCAA
Unfiled Supplement to the Thirty-Second Report of the Monitor, dated October 8, 2026
Court officer report · 8 October 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 filing6 verified
- secured creditorsnote: $25,142,540 is EDC's commitment (facility share), not an outstanding balance. Amendment dated October 8, 2026, subject to Court approval. · page: 7 · as of: 2026-10-08 · amount: 25142540 · debtor: Teal Jones Holdings Ltd., Teal Cedar Products Ltd., Teal Jones Lumber Sales LLC (Borrowers) and guarantors · creditor: Export Development Canada (Lender under revolving/interim facility) · currency: CAD · security: Revolving/interim financing facility under the Support Agreement; EDC commitment of the $63,652,000 Maximum Revolver Amount.
- secured creditorsnote: The $63,652,000 is the amended facility limit (raised from $60,000,000), NOT an outstanding balance. The forecast shows the DIP/revolver balance at $57,676K at the 25-Sep-26 week ending and rising to $63,652K at the 27-Nov-26 week ending (forecast, not actual). Opening balance for the forecast was $58,421K. The entry's amount is the facility limit per the amendment dated Oct 8, 2026, which remains subject to Court approval. The Wells Fargo share is $38,509,460. · page: 7 · as of: 2026-11-27 · amount: 63652000 · debtor: Teal Jones Holdings Ltd., Teal Cedar Products Ltd., Teal Jones Lumber Sales LLC (Borrowers) and guarantors · creditor: Wells Fargo Capital Finance Corporation Canada and Wells Fargo Capital Finance, LLC (collectively; Agent/Lender under revolving/interim facility) · currency: CAD · security: Revolving/interim financing facility (Interim Financing Facility / DIP) under the Support Agreement. Wells Fargo commitment $38,509,460.00 of the $63,652,000.00 Maximum Revolver Amount.
- secured creditorsnote: Appears as 'Term Loan' of $65,814K in the Cash Flow Forecast (in $000 CAD), shown unchanged in every forecast week (incl. 25-Sep-26 through 27-Nov-26). Forecast table figure, no creditor name, security or actual as-at date is stated on these pages. A line for 'Pre filing loan & DIP interest' is also forecast ($895K and $878K). · page: 19 · as of: forecast, constant over the 10 weeks ending 27-Nov-26 · amount: 65814000 · creditor: Term Loan lenders (identity not stated on these pages) · currency: CAD
- operational summarySupplement providing the executed amendment to the Interim Financing Facility, extending its maturity to November 27, 2026 and raising the maximum facility limit to $63.6 million, subject to Court approval.
- report date8 October 2026
- report noSupplement to the Thirty-Second Report of the Monitor