Alberta · CCAA
Third Report of the Monitor
Court officer report · 21 July 2026
Also filed as: Third Report of the Monitor
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 filing7 verified
- cash on handnote: Ending Cash Balance from 13-week cash flow variance table, in $CAD 000's · as at: 2026-07-11 · amount: 2280000 · currency: CAD
- disbursementsnote: Cumulative actual disbursements per 13-week cash flow variance table; footnote states actuals are for period from March 1, 2026 to July 11, 2026 · since: March 1, 2026 · amount: 5953000 · currency: CAD
- operational summaryFUM continues to operate its wellness products business (online sales of reusable air devices and flavor refills) while under CCAA protection, administering a claims process and developing a plan of compromise, with reduced marketing and inventory purchasing reflecting lower sales.
- professional feesnote: Exclusive of GST; Osler (Monitor's Canadian Counsel) fees totaled $41,581, NRF (Monitor's Conflict Counsel) fees totaled $16,595, and Munsch Hardt (Monitor's US Counsel) fees totaled USD $15,662, all exclusive of GST · party: Monitor (Alvarez & Marsal Canada Inc.) · amount: 162250 · period: March 29 to July 4, 2026 · currency: CAD
- receipts cumulativenote: Cumulative actual receipts per 13-week cash flow variance table; footnote states actuals are for period from March 1, 2026 to July 11, 2026 · since: March 1, 2026 · amount: 6551000 · currency: CAD
- report date21 July 2026
- report noThird Report