On October 29 Justice Dietrich appointed The Fuller Landau Group Inc. receiver over the property of two numbered companies, including an Orillia gas station, convenience store and retail building. Bank of Montreal, owed about $3.12 million, applied; the debtors sought more time to refinance, and the court said they had provided no evidence of firm financing.
On October 19, Justice Johnston directed MNP, receiver of the Edmonton trenching and excavating company, to repay its $50,000 borrowing with interest, pay the CRA $360,915 for unpaid payroll source deductions and pay Servus $240,000 plus any surplus on a $3,737,941 debt. The receiver says no funds are available for junior-ranking secured or unsecured creditors.
Canadian Orthodontic Partners Corp. and nine other companies made assignments in bankruptcy, with MNP Ltd. as trustee. The Toronto company's statement of affairs lists $221,950,397.45 of liabilities, $221,084,653 of them owed to Twin Brook Capital Partners, LLC, as agent, against $176,302 of assets, and gives as the details of its financial difficulty "Overpaid acquisitions and excessive debt".
Finding the London building derelict, with "no realizable equity" for TD Bank, the City of London, unsecured creditors or its owner, Justice Nicholson on October 30 approved, without opposition, the receiver's plan to remove it from the receivership without a sale. The order transfers nothing; title stays with Diamond Realty.
A Montréal apparel and sporting goods distributor filed a notice of intention on October 2 with $9.386 million of liabilities, $3.194 million of them RBC's secured debt, then began winding down. On October 28 a registrar extended its time to file a proposal to December 12, granting a motion that also sought WEPP declarations.
Grant Thornton itself asks the court on November 9 to approve selling Able's and Precision's equipment, three tower cranes among it, to two related companies for $500,000 in instalments, with no public process. The CRA, owed $12,728,667, consented by settlement agreement; once the sale closes, the monitor proposes that all estate funds go to it.
Justice Kimmel approved Firm Capital's credit bid for the Highlight of Mississauga after Firm Capital negotiated carve-outs preserving lien claimants' claims on the lien bonds and for breach of trust. The surety objected to the order's bar on its indemnity claims against Hazelton; the court found Aviva "out of the money".
FTI, receiver of a completed 10-storey medical office, manufacturing and retail building beside the new St. Paul's Hospital, asks the court to approve its sale to the senior lender, Shape Capital Corp., for an estimated $72,475,000, $72,000,000 of it a credit bid, by a share sale it says avoids about $2.2 million of property transfer tax.
Collège LaSalle asks the Superior Court on November 10 for leave to refund up to $1.5 million of deposits paid before its CCAA filing, and to bring its judicial review of about $29.9 million in ministry penalties into the CCAA file. About 300 students have asked for nearly $1.3 million, the monitor reports.
On November 5 D. Manning & Associates Inc. was appointed receiver and manager of LT Capital's two Edmonton parcels, barred from disposing of them; their court-ordered judicial listing continues. Lanyard Capital, whose president swears it is owed $5,040,792.37, says the office building is in disrepair; no filing from the defendants is in the record.
On October 30, Justice Handrigan ordered the third interim distribution, and any future one, made "on a pro-rata basis", as Representative Counsel had argued; the monitor took no position. The order also directs an assignment in bankruptcy naming EY trustee and releases the Archbishop and two Archdiocese companies, preserving claims against other Church bodies.
Albert Gelman Inc. asks the court to declare invalid two purchasers' rescissions over drywall demising walls (and, for one, two service rooms) and to rule it may keep their $393,993 and $1,020,000 deposits, most of each released from trust under deposit insurance. The purchasers call the changes material; the motion is returnable March 11, 2027.
MNP asks the court, on November 6, to approve a sale of Mississauga inventory, equipment and customer data to Auto Country that it projects will net the estate about $526,000 more than selling the stock itself in its low case. Richter, according to MNP's application, says its 2.5% success fee is payable on the wind-down's proceeds as a whole; MNP says it is not.
Justice Jocelyn Geoffroy's October 29 order ends the CCAA for the Bécancour building's owner and two related companies once the monitor certifies the professionals are paid. BDC had asked that the only compliant bid, $6 million, go to the court; three companies paid out its $4,368,486.99 claim by subrogation, and the monitor rejected all three bids.
On November 4 MNP became receiver of The Groundworx Co., a Leduc crushing and screening equipment supplier, and of the company that owns its land, on the application of RBC, which puts its debt at $7,691,589.27. RBC says no equipment list or bailee's undertaking was given; its bailiff's report records staff helping review the assets.
Two years into a deemed bankruptcy, MNP asks the court on November 13 to approve selling the distillery's Krones canning line and specified remaining equipment to a Guinean company, for dismantling and export, at a price it asks to keep sealed, with BMO's receivership applications pending and the landlord's property sale scheduled to close in mid-December.
Justice Veenstra put a Coquitlam maker of medical masks and N95 respirators, a holding company that is one of its shareholders and two Port Coquitlam strata-unit owners into receivership with Deloitte on October 13, on National Bank of Canada's petition claiming $9,555,207.24. The receiver's powers to market and sell run from November 3.
On October 30, 2026, Justice Koehnen refused to adjourn, as the debtors and a 25% shareholder asked, the receiver's motion to approve a marketing and sale process for 31 Hansen Road South in Brampton and five units at 6770 Davand Drive, Mississauga, approved the process, and authorized distributions to Owemanco up to what it is owed.
An order filed November 4 discharges Alvarez & Marsal as receiver once it certifies, among other things, that the Cameron Hills land use permit and water licence have passed to the territorial government. It denies the regulator's adjournment and declines to decide, on the discharge, whether that government must and can hold an operating licence and authorization.
On October 28 Justice W.D. Black appointed Ernst & Young Inc. receiver of the Port Perry brewer on Farm Credit Canada's application. One of its principals told the court a refinancing was in the works; the endorsement records that no documentation had been provided and the deal would not close for at least six months.
At a comeback returnable November 5, monitor Alvarez & Marsal asks the court to add two Lone Pine guarantors, approve Prudential's $5 million interim facility and a sale process with a sales advisor from its own global firm, and approve retroactively a farm-in requiring Redstone to spud a well before a Crown lease's November 13 expiry.
On August 27 Grant Thornton wrote to Stadium Plaza's tenants that "there are no changes to your tenancy agreement" at this time. Its First Report says stolen copper piping has left the Edmonton building without heat; on November 10 it asks the court to disclaim all leases and order all tenants and occupants out by November 20.
The monitor says Warehouse One's affiliated second-lien lenders have expressed interest in credit-bidding, by reverse vesting order, for corporate attributes including about $21 million of tax losses, but that they and the company do not wish to proceed until the effect on former employees paid under WEPPA is clearer. A stay to June 2027 is sought.
Fuller Landau will ask the court on November 9 to approve selling a vacant Scarborough site, at an undisclosed price, under an agreement with Shelborne Capital Real Estate Inc. The buyer would assume parking agreements with the City and the Chinese Cultural Centre dating to 1993. Of four conditional offers, one went unconditional when asked.
Grant Thornton asks the court on November 12 to bar carriers' claims against Light Speed's customers unless filed by December 22, and to direct the seven primary customers to pay what it treats as undisputed — $4,920,237 of the $8,495,077 demanded, after $2,177,520 of set-offs it accepts and $1,397,320 it has not admitted.
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