Newfoundland and Labrador · CCAA
Twenty-Sixth Report of the Monitor
Court officer report · 19 June 2026
What we verified from this filing8 verified
- cash on handas at: 2026-05-31 · amount: 4900000 · currency: CAD · qualifier: operating account plus property trust account maintained at McInnes Cooper
- operational summaryThe Corporation has substantially completed the liquidation of its assets, mainly real estate, and is winding down toward a transition into bankruptcy, pending resolution of a motion concerning the Religious Articles sale; a further stay extension to October 31, 2026 is sought to finalize residual estate matters.
- professional feesnote: Actual professional fees for the Period per the cash flow variance analysis (Appendix A); comprises RCECSJ Legal Counsel $296,699, CCAA Monitor $113,877, CCAA Monitor Counsel $12,437, and Representative Counsel Financial Advisor $74,062. · party: Restructuring Measures - RCECSJ Legal Counsel, CCAA Monitor, CCAA Monitor Counsel, and Representative Counsel Financial Advisor (combined) · amount: 497074 · period: January 1, 2026 to May 31, 2026 · currency: CAD
- purchaserARC
- report date19 June 2026
- report noTwenty-Sixth Report
- sale advisorDeloitte
- sale outcometext: The Corporation successfully closed eight transactions generating $0.9 million for the Estate over the past eight months · scope: liquidation · status: liquidation_in_progress