Ontario · CCAA
Variance Report of the Pride Entities, dated April 9, 2026
Court officer report · 9 April 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 filing4 verified
- cash on handnote: Other Applicants' closing bank balance is a further 2,581 (000s CAD). Closing Available Cash Balance for Operations is 8,978 (000s CAD) after adding 7,003 funds held in Monitor's account and deducting 690 sales payments to financier. Figures are in thousands of CAD. · as at: 2026-04-05 · amount: 2677000 · currency: CAD · qualifier: Closing Bank Balance for the Syndicate Borrowers
- operational summaryThe Pride Entities are conducting a wind-down: they no longer service leasebooks, are selling or closing out remaining real estate, and retain some finance and accounting personnel under the wind-down plan. Operations are funded by transfers from the Monitor's trust accounts.
- professional feesnote: Actual vs forecast of 4,381 (000s CAD); favourable variance of 1,947 attributed to timing of payments. The report does not state whether tax is excluded or name the individual professionals. · party: Restructuring professionals (Professional Fees - Restructuring) · amount: 2434000 · period: Mar-02 to Apr-05, 2026 · currency: CAD
- report date9 April 2026