Ontario · Receivership (court-appointed)
First Interim Report of the Receiver - Section 246(2) of the BIA
Court officer report · 9 July 2026
What we verified from this filing4 verified
- purchaserprice: sealed: false · scope: the RioCan Term Sheets ... Co-Ownership Interests · status: approved · name note: purchaser(s) of Oakville and Georgian Co-Ownership Interests under RioCan Term Sheets, unnamed · structure: real_property · name source: recital · relationship: unstated; price: sealed: false · scope: transactions regarding Laval and St. Bruno · status: approved · name note: purchaser(s) of Laval and St. Bruno Leasehold Interests, unnamed · structure: real_property · name source: recital · relationship: unstated; price: sealed: false · scope: Square One and Scarborough · status: not_completed · name note: no transaction entered for Scarborough and Square One; nil recovery · structure: real_property · name source: recital · relationship: unstated
- recovery outcomeentries: basis: actual · quote: Accordingly, there was nil recovery realized on Square One and Scarborough. · pct of: unstated · outcome: nil · stated by: receiver · class label: Square One and Scarborough · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: Based on the status of the JV Properties as at November 30, 2025, aside from Laval and St. Bruno, expected recoveries were unknown and expected recoveries to secured creditors cannot be determined. · pct of: unstated · outcome: undetermined · class key: secured · stated by: receiver · class label: secured creditors · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: Accordingly, the Receiver was of the view that it is unlikely that there would be any recoveries available for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-07-09 · table missing:
- sale advisorRBC Capital Markets; CBRE Limited
- sale outcometext: Owned Real Properties other than Montreal subject to ongoing marketing; no transactions entered into as of November 30, 2025 · scope: parcel · status: liquidation_in_progress