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News
1111 Clarkson Road Project Placed Into Receivership After Two-Year CCAA Fails
1+ day, 1+ hour ago (392+ words) Insolvency Insider September 13, 2026 Clarkson Road Developments GP Inc., Clarkson Road Holdings Inc. and 2813427 Ontario Inc. obtained CCAA protection in May 2024 after defaulting on a $20 million vendor take-back mortgage held by CS Capital Limited. Before filing, the developers had contacted more…...
A Parent Media, Kidoodle enter receivership after emergency financing unravels
1+ day, 15+ hour ago (336+ words) Insolvency Insider September 13, 2026 A Parent Media provides streaming, monetization and digital advertising services to brands, content owners, sports organizations and media companies. The majority of the group's sales distribution is in the US. Between June 2025 and April 2026, A Parent Media…...
Gilda’s Club Greater Toronto bankrupt after losing charitable status
6+ day, 19+ 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…...
MCAP moves on Edmonton office tower over $44.6 million debt
2+ week, 22+ hour ago (272+ words) Dina Kovacevic August 30, 2026 Certain properties of Luxor Land Ltd. and Mesa West Capital Corp., including Edmonton’s WSP Place office tower, were placed into receivership on August 14, 2026, on application by MCAP Financial Corporation, acting for Computershare Trust Company of Canada as…...
Appian takes Western Potash into CCAA over stalled Saskatchewan potash project
2+ week, 1+ day 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…...
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…...
EOE Energy collapses after contract dispute
3+ week, 1+ day ago (110+ words) Insolvency Insider Canada EOE Energy collapses after contract dispute Alberta oilfield services company lists approximately $994,000 in liabilities after failing to collect on a disputed contract EOE Energy Ltd., an Olds, Alberta-based company which provided oilfield construction and industrial equipment services…...
MNP appointed receiver over Luxor, Mesa Edmonton lands after $10.9 million loan default
3+ week, 1+ day ago (160+ words) Dina Kovacevic August 23, 2026 Luxor Land Ltd. and Mesa West Capital Corp. were placed into a limited receivership on August 10, 2026, on application by National Bank of Canada, owed approximately $10.9 million after the companies failed to repay a real estate loan and…...
Portwood Development CCAA puts Port Moody project into proposed stalking horse sale process
3+ week, 1+ day ago (82+ words) Dina Kovacevic August 22, 2026 The monitor is now asking the Court to approve a sale and investment solicitation process backed by a stalking horse bid from the Woodbourne petitioners. PwC is the monitor. Counsel includes McEwan Cooper Kirkpatrick for the petitioners,…...