Quebec · CCAA
2026-10-27 Second Report of the Monitor (in French)
Court officer report · 27 October 2026 · French
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 filing9 verified
- cash on handnote: Closing cash balance for the 10 weeks ended 17 October 2026 is 1,814 (in thousands of $, unaudited), vs. budget of 1,203; a favourable variance of 611 thousand. · as at: 2026-10-17 · amount: 1814000 · currency: CAD · qualifier: environ 1,8 million $
- disbursementsnote: Total actual operating disbursements over 10 weeks (in thousands of $, unaudited), excluding 1,372 thousand of restructuring professional fees reported separately as non-recurring; budgeted at 10,225. · since: 10 weeks ended 17 October 2026 (from the start of the CCAA proceedings, 5 August 2026) · amount: 9385000 · currency: CAD
- operational summaryThe debtor continues operating as a going concern, holding its operating costs to the minimum required while pursuing a sale and investment solicitation process. An offer to acquire Goodfood as a going concern was selected on 22 October 2026 and is awaiting court approval. Weekly orders have stayed flat at 6,500 to 7,500 and headcount fell from 202 to 185 employees.
- process resultsbids: 6 · note: Six binding offers received in the GF Process (GF Business); two of the six bidders submitted revised offers by October 19, 2026. Separately, for the Actions 164 process, several non-binding offers were received by September 28, 2026 and the binding-offer deadline is October 30, 2026. · as of: 2026-10-05
- professional feesnote: Actual 1,372 thousand vs. budget 1,643 thousand (favourable variance of 271 thousand, attributed mainly to timing). Projection for the 5 weeks ending 20 November 2026: 450 thousand. Tax treatment not stated. · party: Restructuring professional fees (not itemized by professional; no breakdown by Monitor or counsel stated) · amount: 1372000 · period: 10 weeks ended 17 October 2026 (cumulative actual) · currency: CAD
- receipts cumulativenote: Total actual receipts over 10 weeks, consisting of sales 7,708, other revenues 689, and GST/QST/HST refunds nil (in thousands of $, unaudited); budgeted at 8,897. · since: 10 weeks ended 17 October 2026 (from the start of the CCAA proceedings, 5 August 2026) · amount: 8397000 · currency: CAD
- report date27 October 2026
- report noDeuxième rapport
- sale outcometext: On October 22, 2026 the PSIV Team declared one of the offers the winning offer in the GF Process, which, if approved by the Court, provides for an acquisition of Goodfood as a going concern; definitive documentation is being finalized and court approval is to be sought before the November 13, 2026 closing deadline. · scope: whole_business · status: bid_selected