Ontario · CCAA

Prefiling Report of the Proposed Monitor dated July 8, 2026

Pre-filing report · 8 July 2026

Also filed as: Second Report of the Proposal Trustee dated July 8, 2026

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What we verified from this filing1 verified

unsecured creditorsnote: DISPUTED and UNQUANTIFIED. The CRA Assessment issued March 2, 2023 disallowed input tax credits totalling $15,695,124 plus penalties and interest for GST/HST reporting periods April 1, 2013 to August 31, 2019 (the Joint Report describes this as approximately $15.7 million, p.6). Company filed a Notice of Objection May 10, 2023 and, after CRA confirmation, a Notice of Appeal in the Tax Court of Canada dated February 9, 2026, which remains outstanding. By letter dated October 23, 2025 the CRA asserted the Company owed $31,807,933 (amount used here); elsewhere the reports describe a claim 'exceeding $32 million' stayed by the NOI filing. The reports state the CRA's claim cannot be quantified pending the outcome of the tax litigation and that the CRA is by far the Company's largest creditor. GST/HST deemed-trust super-priority class (outranks ordinary security). CRA issued a Requirement to Pay dated April 22, 2026 to CIBC (cancelled effective May 4, 2026). · page: 20 · as of: 2025-10-23 · basis: GST/HST reassessment (disallowed input tax credits plus penalties and interest under s.285 of the Excise Tax Act); deemed-trust class; disputed and under appeal in the Tax Court of Canada · amount: 31807933 · debtor: 999 Gold Depot (Canada) Limited · creditor: Canada Revenue Agency (CRA) · currency: CAD