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News
Gilda’s Club Greater Toronto bankrupt after losing charitable status
6+ day, 12+ hour ago (155+ words) Dina Kovacevic September 07, 2026 Gilda’s Club Greater Toronto filed an assignment in bankruptcy on August 24, 2026, after the cancer-support organization ceased operations due to the loss of its charitable status. The organization reported just $53,202 of assets against $190,525 of liabilities, leaving an estimated…...
De Cloet Greenhouse wins Canadian recognition of BFG Supply Chapter 11
6+ day, 13+ hour ago (89+ words) Dina Kovacevic September 07, 2026 De Cloet Greenhouse Mfg. Ltd. obtained recognition of its US Chapter 11 proceeding as a foreign main proceeding on August 28, 2026, bringing the Ontario greenhouse manufacturer under the umbrella of a restructuring involving BFG Supply Co. LLC and 15 other…...
Appian takes Western Potash into CCAA over stalled Saskatchewan potash project
2+ week, 19+ hour ago (132+ words) Dina Kovacevic August 30, 2026 Western Potash Corp., Western Potash Holdings Corp. and 0907414 B.C. Ltd. were granted protection under the Companies’ Creditors Arrangement Act on August 21, 2026, on application by senior secured lender WPC (Jersey) Limited, an affiliate of Appian Capital Advisory LLC. FTI…...
LaSalle College gets CCAA protection as $47 million Quebec dispute threatens fall term
2+ week, 21+ hour ago (85+ words) Dina Kovacevic August 30, 2026 In the meantime, related LCI entities have agreed, with lender consent, to provide LaSalle with up to $2.3 million of intercompany advances during the initial 3-week forecast period. Deloitte is the monitor, while Raymond Chabot is the financial…...
Build Canada Homes’ first moves: 4,000 direct-build units and a controversial B.C. condo conversion push
2+ week, 2+ day ago (90+ words) Insolvency Insider Canada Insolvency Insider August 28, 2026 Parisa Gerami Hurst and Olivia Butzelaar of BLG outline the federal government’s early implementation of Build Canada Homes, including six direct-build projects covering about 4,000 homes on federal land and a more controversial British Columbia…...
Manager, Transaction Readiness - CDIC (Ottawa / Toronto)
2+ week, 6+ day ago (59+ words) Insolvency Insider Canada Dina Kovacevic August 24, 2026 CDIC is looking for a Manager, Transaction Readiness to join its offices in Ottawa/Toronto. Applications will be reviewed on a rolling basis, with priority given to applications received by September 18, 2026. Essential Canadian insolvency…...
Take or Pay, Disclaim or Stay: Alberta Clarifies Eligible Financial Contract Boundaries
3+ week, 3+ day ago (92+ words) Insolvency Insider Canada - Take or Pay, Disclaim or Stay: Alberta Clarifies Eligible Financial Contract Boundaries Kelly Bourassa, KC and Angad Bedi of Blakes look at a recent case where the Alberta Court of King’s Bench held that long-term take-or-pay gas…...
8265 Churchville Road, Brampton, ON - Power of Sale
3+ week, 5+ day ago (28+ words) Insolvency Insider Canada Dina Kovacevic August 18, 2026 Essential Canadian insolvency news, trends and legal updates © 2026 Insolvency Insider Canada....