Alberta · CCAA
Application re Stay Extension filed July 31, 2026
Application / notice of application · 31 July 2026
What we verified from this filing9 verified
- secured creditorsnote: Quasi-governmental (provincial/territorial tobacco tax). Total indebtedness not stated in this application. Court authorized an initial distribution of $26 million (order of August 22, 2024) in respect of W&C's unpaid tobacco taxes as of the Filing Date, and further pro-rata distributions based on balances outstanding as at the Filing Date (order of November 25, 2024); the Monitor has made distributions totalling $12.41 million to the Provinces and Territories under the Tobacco Tax Charge since closing of the 7-Eleven Transaction. Distribution amounts are payments toward the debt, not the debt balance. Application states the Companies will be unable to repay their creditors in full. · page: 3 · as of: as at the Filing Date (June 22, 2023) · debtor: Wallace & Carey Inc. · creditor: Provinces and Territories (tobacco tax claimants) · security: Tobacco Tax Charge granted in the ARIO — a Court-ordered charge in the CCAA proceedings, not pre-filing security; one of only two Court-ordered charges not yet fully satisfied and released (the other being the Administration Charge)
- secured creditorsnote: Designated on the service list (Schedule A, updated April 17, 2026) with role/interest 'Secured Creditor, PPR Registrant'. No amount, collateral description or debtor entity stated in this stay-extension application. CIBC's counsel (Norton Rose Fulbright) and financial advisor (PricewaterhouseCoopers Inc.) also appear on the list. · page: 8 · creditor: Canadian Imperial Bank of Commerce
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 15 · creditor: Ryder Truck Rental Canada Ltd.
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 15 · creditor: TIP Fleet Services Canada Ltd.
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 15 · creditor: A&M Enterprise Ltd. dba 'Freshslice Pizza'
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 15 · creditor: Penske Truck Leasing Canada Inc.
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 15 · creditor: Parmalat Canada Inc. / Lactalis Canada
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 16 · creditor: Wells Fargo Equipment Finance Company
- secured creditorsnote: Role on service list (Schedule A): 'PPR Registrant'. Nature, collateral and amount of the personal property registration not stated. · page: 16 · creditor: Trailer Wizards Ltd.