Alberta · CCAA
Second Report of the Monitor
Court officer report · 23 March 2026
Also filed as: Second Report of the Monitor
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What we verified from this filing8 verified
- cash on handnote: Stated as approximate cash balance as at March 13, 2026 · as at: 2026-03-13 · amount: 834000 · currency: CAD · qualifier: approximately
- disbursementsnote: Actual cumulative Total Operating Cash Disbursements for the 2-week Reporting Period ended March 13, 2026; non-operating disbursements were nil. · since: February 28, 2026 · amount: 1138000 · currency: CAD
- operational summaryThe SSC Entities continue ongoing operations while pursuing a Sale and Investment Solicitation Process (SISP) and seeking DIP financing and a stay extension to fund operations through the sale process.
- professional feesnote: This is a forecast figure in the Updated Cash Flow Forecast, not an actual incurred amount; restructuring and professional fees includes fees of the CCAA Applicants' counsel, the Monitor and the Monitor's counsel. · party: CCAA Applicants' counsel, the Monitor, and the Monitor's counsel · amount: 600000 · period: 15-week period ending June 26, 2026 (forecast) · currency: CAD
- receipts cumulativenote: Actual cumulative receipts for the 2-week Reporting Period ended March 13, 2026, compared to forecast of $1,151,000 · since: February 28, 2026 · amount: 942000 · currency: CAD
- report date23 March 2026
- report noSecond Report
- sale outcometext: The CCAA Applicants' motion for an order approving the SISP, which is proposed but not yet approved by the Court. · scope: whole_business · status: process_approved