Nova Scotia · CCAA
Fourth Report of the Monitor
Court officer report · 22 January 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 filing7 verified
- cash on handnote: Stated as $155,000 in narrative text; cash flow table shows $155,257 (actual) at end of Week 21 (January 11, 2026). · as at: 2026-01-11 · amount: 155257 · currency: CAD
- disbursementsnote: Actual disbursements vs forecast of $8,079,413; excludes Restructuring & Legal costs of $918,316. · since: start of the 21-week Cash Flow Forecast period, for the period ended January 11, 2026 · amount: 8529341 · currency: CAD
- operational summarySince the TARIO, the Company has continued day-to-day operations without unexpected interruption, maintained forecasted sales levels, advanced RISP negotiations with the successful refinancing bidder and senior secured lenders, secured DIP financing terms, and implemented the Claims Process.
- professional feesnote: Includes Professionals' work in progress; approximate figure. · party: Monitor, Monitor's counsel, Resolve, and counsel to the Company (the Professionals) · amount: 425000 · period: as of the date of this report, including estimates to the upcoming hearing · currency: CAD
- receipts cumulativenote: Actual receipts vs forecast of $9,790,883. · since: start of the 21-week Cash Flow Forecast period, for the period ended January 11, 2026 · amount: 9555076 · currency: CAD
- report date22 January 2026
- report noFourth Report