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 ▼ |
|---|---|---|---|---|---|---|
| Precision Plasma & Sputtering Ltd. and 642657 N.B. Ltd. (o/a PMW Precision Machine Works)New Brunswick | Approval pending | Asset saleOn-Site Assets | DTI Films LLC | Sealed | Cameron Industrial Inc. Auctioneers & Appraisers | 8 Aug 2025 |
| Résidence Plaisance des Iles Inc. & CHSLD des Îles-de-la-Madeleine IncQuebec | Closed | Asset salel'immeuble appartenant à RPI qui abrite la RPA et le CHSLD | Santé Québec | — | Cogir Immobilier | 6 Aug 2025 |
| Galactic Propeller Holdings Ltd. and Jumbleberry Interactive Group Ltd.Ontario | Approved | Asset salethe assets as contemplated in the Stalking Horse Agreement | 1000739703 Ontario Inc.1 of 2 sales · 1 closed | ••• | Baigel Corp. | 31 Jul 2025 |
| Enerkem Inc. et al.Quebec | Approved | Subscriptionthe Subscribed Shares issued by the Issuer, Enerkem Inc., pursuant to the Transactions, with Excluded Assets, Excluded Contracts and Excluded Liabilities transferred to the ResidualCos | Repsol Quimica, S.A., Monarch Alternative Capital LP and ESC Sustainable Solutions Fund, L.P. | — | Deloitte Restructuring Inc.+1 more | 30 Jul 2025 |
| JBT Transport Inc. et al.Ontario | Approval pending | Auctionthe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") | McDougall Auctioneers Ltd.1 of 2 sales · 1 closed | Sealed | McDougall Auctions | 29 Jul 2025 |
| Kilne Inc.Ontario | Approved | Share saleall of the right, title and interest in and to the Post-Consolidation Shares (as defined in the Stalking Horse Agreement) in the Purchaser | Kilne Cookware Inc. | — | — | 29 Jul 2025 |
| Titanium Autogroup Ltd.British Columbia | Approval pending | Asset salethe Canadian Vehicles and the US Vehicles (the Assets) | Vancouver Auto Liquidation Center Ltd.1 of 2 sales · 1 closed | Sealed | Openlane | 23 Jul 2025 |
| Demand Power Group Inc.Ontario | Approval pending | Asset salelicense agreement for the use of SCADA | Edgecom1 of 4 sales · 2 closed | Sealed | — | 21 Jul 2025 |
| Canadian Mental Health Association, Vancouver-Fraser BranchBritish Columbia | Approval pending | Asset salethe Purchased Assets | Canadian Mental Health Association, Lower Mainland Branch | — | — | 16 Jul 2025 |
| Plains Environmental Inc.Alberta | Closed | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | Fleet Energy Ltd.1 of 2 sales · 1 closed | Sealed | Ernst & Young Inc. | 16 Jul 2025 |
| Softab Technologies Inc.Ontario | Approvedper the transactions | Asset salethe Debtor's right, title and interest in and to the assets described in the Sale Agreement | Vitux Canada Inc. | — | — | 15 Jul 2025 |
| 260 High Park Limited PartnershipOntario | Approved | Asset salethe Purchased Assets (as defined in the Sale Agreement) | 1001136742 Ontario Inc., now known as HP Residences Inc.1 of 2 sales | Sealed | CBRE Limited | 11 Jul 2025 |
| 002938 N.B Inc. (Previously known as MVP Group Corporation)Quebec | Approved | Asset saleles actifs décrits dans la Convention d'achat (les « Actifs achetés ») | 1001160601 ONTARIO INC. | — | — | 10 Jul 2025 |
| Okotoks Air Ranch Limited Partnership, Okotoks Air Ranch General Partner Inc., and Okotoks Air Ranch Limited Partner Inc.Alberta | Closed | Asset salethe Debtors' right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') | Okotoks Air Ranch Inc.1 of 3 sales · 2 closed | ••• | — | 10 Jul 2025 |
| Annapolis Management Inc., BSL Holdings Inc., Ruby LLP, 3337151 Nova Scotia Limited, and 4551650 Nova Scotia LimitedNova Scotia | Did not complete | Real propertyall of the right, title and interest in the following real property... commonly referred to as "Granville Hall" | 3299425 Nova Scotia Limited1 of 3 sales | — | Resolve Advisory Services+1 more | 9 Jul 2025 |
| Healthology International Inc.Ontario | Approvedper the transactions | Asset salethe assets described in the Bill of Sale | Healthology Nutraceutical Inc. | Sealed | Baigel Corp. | 9 Jul 2025 |
| Razor / BladeAlberta | Closed | Subscriptionthe Subscribed Shares issued by Razor Energy to the Purchaser | Texcal Energy Canada Inc.1 of 9 sales · 4 closed | ••• | Peters & Co. Limited+2 more | 16 Jun 2025 |
| Willowgrove Farms Ltd.Saskatchewan | Closed | Real propertysale of the WFL lands | —1 of 4 sales · 3 closed | Sealed | Colliers McClocklin Real Estate Corp.+1 more | 11 Jun 2025 |
| Kingsley Trucking Ltd. et alBritish Columbia | Marketed | — | — | — | Grant Thornton Limited+1 more | 9 Jun 2025 |
| 2399430 Alberta Ltd. and 2399449 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') | Youth Canada Association (YOUCAN!)1 of 4 sales · 3 closed | Sealed | NAI Commercial Real Estate Inc.+1 more | 5 Jun 2025 |
| BookJane Inc.Ontario | Approved | Asset salethe Company's right, title and interest in and to the Purchased Assets (as defined in the APA) | Ayal Capital Advisors Elite Fund LP | — | — | 5 Jun 2025 |
| Kuang Wan FangBritish Columbia | Closed | Real propertythe residential property located at 6160 Udy Road in Richmond, British Columbia (the ' Udy Property ') | Mr. Zhenghong Tian | ••• | Pacific Realty Ltd. | 5 Jun 2025 |
| 1526400 Ontario Inc. and 2240439 Ontario Inc.Ontario | Closed | Real propertyall of 224Co.'s right, title and interest in and to the assets described in the Purchase Agreement (the "Purchased Assets") | 1000567934 Ontario Inc.1 of 2 sales · 2 closed | Sealed | — | 2 Jun 2025 |
| Les terrains du futur inc.Quebec | Process approved | — | — | — | — | 2 Jun 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| LlamaZoo Interactive Inc.British Columbia | Closed | Asset salethe assets of the Company | KPMG LLP | — | — | 28 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 |
| 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 |
| 2093924 Ontario Inc.Alberta | Closed | Asset salethe Wash Factory | Klair Group1 of 3 sales · 1 closed | Sealed | — | 21 Apr 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.