Sale processes across Canada
967 processes in active matters · 12 taking bids · court-supervised sales, as the filings state them
The market, drawn to scaleThe market
Each slice is one stage, drawn to scale — 967 processes in matters still open, in the order a sale travels. Cobalt deepens as a process advances; grey is concluded; the hatch is a process no filing has staged.
What each sale went for is for subscribers — the stated price, beside the purchaser. The stages, the counts and who bought are open to everyone.
By stageMarketed (24)Process approved (101)Bid selected (7)Approval pending (128)Approved (367)Back-up bid (1)Liquidating (35)Closed (232)Did not complete (15)No acceptable bid (13)Terminated (3)Stage not stated (41)
Taking bids nowTaking bids
The calendarBid deadline
Portwood Development 3 Limited Partnership, Portwood Development 3 GP Ltd., Portwood Development 4 Limited Partnership, Portwood Development 4 GP Ltd Process approved
British Columbia · source · in 2 filings
Bid deadline
Northvolt Batteries North America Inc. et al. Process approved
Quebec · Raymond Chabot Inc. · source · in 2 filings
Bid deadline
Sonic Enclosures Ltd. Process approved
British Columbia · source · in 2 filings
Bid deadline
Pyxis Customer Solutions XII Ltd. Stage not stated
Alberta · GlassRatner Restructuring Inc. · source · in 2 filings
Bid deadline
Luxor Land Ltd. Process approved
Alberta · JLL Capital Markets · source
Bid deadline
Seafood 2000 Ltd. Process approved
Prince Edward Island · Resolve Advisory Services Ltd. · source
Bid deadline
Allumiqs Solutions inc. and Allumiqs Corporation Process approved
Nova Scotia · source
Bid deadline
Western Potash Corporation Process approved
British Columbia · FTI Consulting Canada Inc., FTI Capital Advisors Canada ULC · source · in 3 filings
Every date is the one a filing states, and links to that filing.
| Case | Stage | What is selling | Purchaser | Price | Advisor | Last activity ▲ |
|---|---|---|---|---|---|---|
| 2632363 Ontario Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title and interest, if any, in and to the assets described in the Sale Agreement (the "Purchased Assets") | 1001152527 Ontario Inc. | — | — | 28 Feb 2025 |
| 134, 148, 152, 184/188, 214, 224 and 226 Harwood Avenue South, Ajax, ONOntario | Approved | Real propertyall of the Respondents' right, title and interest in and to the Real Property (the 'Purchased Assets') | Corporation of the Town of Ajax1 of 3 sales | — | Avison Young | 5 Mar 2025 |
| Janmar Investments (Alberta) Ltd.Alberta | Approved | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | 2682088 Alberta Ltd. | Sealed | NAI Commercial Real Estate Inc. | 5 Mar 2025 |
| SCREO I Metrotown Inc., and SCREO I Metrotown L.P.British Columbia | Closed | Real propertythe assets described in the Sale Agreement (the 'Purchased Assets') | City of Burnaby | ••• | — | 5 Mar 2025 |
| TCAS Holdings Limited, Sustainable Fish Farming (Canada) Limited, Sustainable Blue Inc., and TCAS IP Inc. (collectively, the “Sustainable Blue”)Nova Scotia | Approved | Asset salethe Debtors' assets | 4595756 Nova Scotia Limited | — | Deloitte Restructuring Inc. | 5 Mar 2025 |
| Motryx Inc.Nova Scotia | Bid selected | Asset salePurchased Assets | Aerocom GMBH & Co. | ••• | BDO Canada Limited | 6 Mar 2025 |
| 1924960 Ontario Inc. and 997087 Ontario Inc.Ontario | Approved | Asset saleall right, title and interest in and to the Purchased Assets | JNM Manufacturing Inc. | — | — | 7 Mar 2025 |
| 2174542 Ontario Inc., Safe Harbour Homes Inc. and Safe Harbour Developments Inc.Ontario | Approved | Real propertythe real property located at 18 Veterans Rd. in the Township of Otonabee-South Monaghan, County of Peterborough and having the legal description set out in Schedule 'A' to this Order (the 'Real Property') | 1981242 Ontario Inc.1 of 4 sales | Sealed | CBRE Limited+1 more | 7 Mar 2025 |
| iFoodequipment.com Inc.New Brunswick | Approval pending | Asset salethe Property | — | Sealed | Deloitte Restructuring Inc. | 11 Mar 2025 |
| Osoyoos Mountain Estates Inc.Alberta | Approved | —the Lands | —1 of 5 sales · 3 closed | Sealed | Green+2 more | 12 Mar 2025 |
| Wolverine Energy & Infrastructure Inc.Alberta | Approval pending | Auctionall the assets of the Debtors | —1 of 6 sales · 5 closed | ••• | McDougall Auctioneers Ltd. | 12 Mar 2025 |
| Bench Accounting, Inc. and 10Sheet Services Inc.British Columbia | Approved | Asset salesubstantially all of the Debtors' assets | Recruiter.com Ventures Inc. | ••• | — | 13 Mar 2025 |
| Tricanna Industries Inc.British Columbia | Approval pending | Subscriptionthe Subscribed Shares issued by Tricanna to the Purchaser | —1 of 2 sales | Sealed | — | 14 Mar 2025 |
| 55 Town Centre Holdings Ltd.Ontario | Closed | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | 1606555 Ontario Ltd. 1606555 Ontario Inc. | — | Colliers Macauley Nicolls Inc, Brokerage+1 more | 17 Mar 2025 |
| Fire & FlowerOntario | Closed | Subscriptionan investment in or acquisition of F&F | FIKA1 of 5 sales · 1 closed | ••• | FTI Capital Advisors+1 more | 20 Mar 2025 |
| B-Temia IncQuebec | Approved | Share saleAcquisition du capital-actions de la Débitrice suivant l'exécution de certaines étapes de restructuration corporative. | Wistron Medical Tech Holding Company | ••• | — | 28 Mar 2025 |
| Elite Real Estate Club of Toronto and 2613702 Ontario Inc. (ats Serrichi et al.)Ontario | Process approved | — | — | — | Intercity Realty Inc., Brokerage | 1 Apr 2025 |
| 101079936 Saskatchewan Ltd.Saskatchewan | Closed | Real propertythe Business Premises | Vetscape Holdings Inc.1 of 2 sales · 1 closed | Sealed | McDougall Auctioneers Ltd. | 7 Apr 2025 |
| Chacon Holding Corp.Ontario | Did not complete | Real propertyPurchased Assets described in the Sale Agreement | 12755467 Canada Inc. | — | Freeway | 8 Apr 2025 |
| 9464-3889 Quebec Inc.Quebec | Bid selected | — | — | — | Ernst & Young Inc. | 9 Apr 2025 |
| 9537-7271 Québec Inc (formerly Leadfox Technology Inc.)Quebec | Closed | Asset salethe Technologie Leadfox Inc. business, including all commercial activities and relationships with existing customers, recurring income, names, technologies, domain names, and furniture | Cakemail Inc. | ••• | — | 14 Apr 2025 |
| BANCROFT BARGAIN BARN LIMITED and 1953144 ONTARIO INC.Ontario | Approved | Auctionthe Debtors' right, title and interest in and to the Applicant assets described in the Auction Agreement (the "Assets") | —1 of 2 sales | Sealed | Platinum Asset Services Inc. | 15 Apr 2025 |
| Richmond Hill Fine CarsOntario | Approved | Auctionthe Debtor's and the Receiver's right, title and interest in and to the Property purchased by such respective Purchaser at the Auction | — | — | CanamAppraiz Inc. | 16 Apr 2025 |
| Victorian Epicure Inc.British Columbia | Approvedper the transactions | Asset salethe assets described in Schedule 'A' of the Sale Agreement (the 'Purchased Assets') | 1535080 B.C. Ltd. | — | — | 17 Apr 2025 |
| 2093924 Ontario Inc.Alberta | Closed | Asset salethe Wash Factory | Klair Group1 of 3 sales · 1 closed | Sealed | — | 21 Apr 2025 |
| Taiga Motors CorporationQuebec | Closed | Share saletransferring Excluded Liabilities of Taiga to 9526-1624 Québec Inc. ('ParentCo') | 9526-1624 Québec Inc.1 of 2 sales · 2 closed | Sealed | Ernst & Young Inc.+1 more | 22 Apr 2025 |
| QRD (Willoughby) Holdings Inc., QRD (Willoughby) GP Inc., and QRD (Willoughby) Limited PartnershipBritish Columbia | Closed | Real propertythe Project | Foundation Residence Society1 of 5 sales · 2 closed | ••• | Colliers | 24 Apr 2025 |
| LlamaZoo Interactive Inc.British Columbia | Closed | Asset salethe assets of the Company | KPMG LLP | — | — | 28 Apr 2025 |
| 13517985 Canada Inc. (Wholesale Express)Quebec | Closed | Share salethe Subscribed Shares issued by the Company, pursuant to the reverse structure transaction, together with the Pre-Closing Reorganization involving Excluded Assets, Excluded Contracts and Excluded Liabilities transferred to ResidualCo. 1 and ResidualCo. 2 | 15449189 Canada inc.1 of 4 sales · 3 closed | ••• | Canaccord | 29 Apr 2025 |
| La Table d'action en communication et technologies de l'information de la MRC de...Quebec | Approved | Asset saletous les droits, titres et interets a regard du Reseau | Cogeco Connexion Inc. | — | — | 30 Apr 2025 |
| Rokstad Holdings CorporationBritish Columbia | Closed | Asset salethe Purchased Assets | Stellex Power Line OPCO LLC and 1501841 B.C. Ltd.1 of 8 sales · 4 closed | ••• | FTI Consulting Canada Inc. | 30 Apr 2025 |
| Brands International CorporationOntario | Closed | Asset salethe Debtor's right, title and interest in and to the Purchased Assets | Rejoice Industries Canada Inc.1 of 4 sales · 2 closed | ••• | — | 2 May 2025 |
| Kroeger Inc.Ontario | Approved | Asset salethe Purchased Assets, as defined in the APA | Genco International Ltd. (formerly 1001166783 Ontario Ltd.)1 of 2 sales | ••• | — | 2 May 2025 |
| 1000000152 Ontario Inc., 2661656 Ontario Inc., 2485238 Ontario Inc. and 1000098231 Ontario Inc., operating under the business name Picture Perfect Marine RentalsOntario | Process approved | — | — | — | Royal LePage RCR Realty | 5 May 2025 |
| Mindful Collective Co., Ltd.Ontario | Approval pending | Asset saleall of the Trustee's and the Bankrupt's right, title, and interest in and to the Purchased Assets | b, mat Inc.1 of 3 sales | — | — | 6 May 2025 |
| 2955-3138 Québec Inc. (doing business under the name Luxo Marbre) and 9527-8842 Québec Inc. (doing business under the name EBSU)Quebec | Approved | —les Transactions | —1 of 3 sales · 1 closed | Sealed | Ernst & Young Orenda Corporate Finance Inc. | 9 May 2025 |
| 2727906 Ontario Inc. (formerly known as Canaquip I et al.Ontario | Approved | Asset saleall of the Sellers' right, title and interest in and to the Purchased Assets, as defined in the Sale Agreement | 1001113372 Ontario Inc. | — | Baigel Corp. | 12 May 2025 |
| 2673422 Ontario Inc.Ontario | Approved | Real propertythe assets described in the Sale Agreement (the "Purchased Assets") and referenced in Schedule 'B' hereto | Kashmina Inc. and Bridlepath Capital Corporation | — | — | 13 May 2025 |
| Formula Solutions Inc.Ontario | Approved | Auctionall of the assets, undertakings and properties (the 'Property') of Formula Solutions Inc. | Corporate Assets Inc. | — | Corporate Assets Inc. | 13 May 2025 |
| Cacoeli Terra Vaughan Ltd.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title, benefit and interest in the assets described in the Sale Agreement (the 'Purchased Assets') | 1001200007 Ontario Inc | — | — | 14 May 2025 |
| ALX Artificial Lift Werx Ltd.Saskatchewan | Closed | Asset salecertain of its surplus equipment more particularly described in the Second Heier Affidavit (the "ALX Assets") | Preferred Energy Inc.1 of 8 sales · 3 closed | ••• | Mack Auctions+3 more | 15 May 2025 |
| 8438048 Canada Inc.Ontario | Approved | Auctionthe Vehicles | — | — | Ritchie Bros. Auctioneers | 16 May 2025 |
| Dogtopia Enterprises Canada Inc et al.Alberta | Approved | Asset salethe assets described in the Sale Agreement (the "Purchased Assets") | 1001192230 Ontario Inc.1 of 2 sales | — | — | 16 May 2025 |
| UCG Canada Holdings Inc. dba Frank & OakQuebec | Approved | Asset salePurchase of certain remaining assets of the Company in order to preserve a portion of the Company's going concern business | —1 of 3 sales | ••• | PricewaterhouseCoopers Corporate Finance Inc.+1 more | 16 May 2025 |
| AHM Transport Inc., AISHKA Express 2016 Inc., AISHKA Express Inc., AISHKA Recycling Inc. and Tanush Transport Inc.Ontario | Approved | Auctioncertain of the property of the Debtors | — | — | Ritchie Bros. Auctioneers | 21 May 2025 |
| Davey Crocket Investments Ltd.Saskatchewan | Approved | Real propertythe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | JS Truckmart Inc.1 of 2 sales | — | Mack Auction Company Ltd. | 21 May 2025 |
| 1175648 Ontario LimitedOntario | Approved | Auctionthe Debtor's right, title and interest in and to the Property purchased by such respective Purchaser at the Auction | — | — | Ritchie Bros. Auctioneers | 27 May 2025 |
| Kaiser Weber PropertiesBritish Columbia | Process approved | — | — | — | — | 29 May 2025 |
| Minto Metals CorpBritish Columbia | Approval pending | Asset salethe Unsold Concentrate up to 403.3 dry metric tonnes | Sumitomo Canada Limited1 of 5 sales · 4 closed | ••• | Maynards | 29 May 2025 |
| Northwest Sheet Metal Ltd.British Columbia | Approval pending | Asset salethe assets described in the Sale Agreement (the 'Purchased Assets') | Cuatro Amigos Holdings Ltd.1 of 3 sales | ••• | three reputable auctioneering companies | 29 May 2025 |
What a process looks likeBenchmarks
Measured across the recordThe funnel, median
77 → 16 → 3
parties solicited → NDAs signed → bids received, over 410 processes that stated all three
Approval to closing
15 days
median, over 316 transactions that state both dates
Did not complete
9%
247 of 2,875 transactions ended without a sale
Price disclosed
21%
24% sealed by order; the rest simply never stated
Who runs these salesWho runs them
Named in the filings- Colliers48
- CBRE Limited40
- McDougall Auctioneers Ltd.28
- Avison Young27
- Ernst & Young Inc.22
- Deloitte Restructuring Inc.20
- FTI Consulting Canada Inc.18
- Grant Thornton Limited17
- Ritchie Bros. Auctioneers17
- MNP Ltd.16
- Ernst & Young Orenda Corporate Finance Inc.15
- Cushman & Wakefield14
Mandates in matters still open, counted once per sale however many filings name the firm. 514 advisors appear in the record; these are the 12 with the most.