Ontario · CCAA

SLF - First Report of the Monitor - 2026.02.19

Court officer report · 19 February 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 filing3 verified

operational summaryThe Applicant has not drawn on the DIP Facility, and the Monitor reports it has completed its material duties under the Initial Order. The Applicant is a single-purpose condominium developer with 55 Unsold Units, and the report centres on Aviva's proposal to replace the DIP lender and to replace SLF with KPMG as Monitor.
report date19 February 2026
report noFirst Report