Alberta · CCAA
Sixth Report of the Monitor (March 18, 2026)
Court officer report · 18 March 2026
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: The Monitor has issued a distribution payment to TD Bank in respect to its secured indebtedness, as approved by the Court, such that TD Bank has been repaid in full. · pct of: unstated · outcome: paid_in_full · class key: secured · stated by: monitor · class label: TD Bank · creditor name: TD Bank · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: there will be a significant shortfall within the Westcastle GMC estates. · pct of: unstated · outcome: shortfall · stated by: monitor · class label: Westcastle GMC estates creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: An interim distribution to TD Bank will prevent further accruing interest on the TD Bank Indebtedness benefitting the Westcastle GMC estate. · pct of: unstated · outcome: distribution · class key: secured · stated by: monitor · class label: TD Bank · creditor name: TD Bank · interim final: interim · claims qualifier: unstated · table missing: Based on the Westcastle GMC Sale Proceeds and Remaining Westcastle GMC Sale Proceeds arising from the Westcastle GMC Transactions and subject to maintaining a reserve for disputed funds and the new Court-ordered charges the estimated distribution waterfall ( 'Distribution Waterfall' ) is as follows: