Companies' Creditors Arrangement Act

• DavidsTea creditors, including employees, to split $18M after U.S. court ruling

  The plan of arrangement was approved by creditors of DavidsTea and its U.S. subsidiary on June 11 and calls for the distribution of the funds in mid-July.

  Canada

  Jun 17, 2021
  
• DavidsTea creditors authorize plan to split $18M owed by insolvent beverage company

  DavidsTea filed for creditor protection under the Companies' Creditors Arrangement Act on July 8.

  Canada

  Jun 11, 2021
  
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• Le Château plans to close its doors, files for CCAA protection

  It says circumstances leave the company with no option other than to start the liquidation process.

  Canada

  Oct 23, 2020
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• Bankruptcy filings in August fell more than 40% over last year

  The OSB's Sept. 28 update says 42.7 per cent fewer consumers filed in August compared to a year ago, while business insolvencies decreased by 25.5 per cent year-over-year.

  Canada

  Oct 2, 2020
• Cirque du Soleil’s adventure may end badly for Quebec institutional investors

  The purchase offer for Cirque du Soleil risks eliminating Quebec's longstanding presence as a shareholder.

  Canada

  Jul 21, 2020
• Cirque du Soleil files for creditor protection, terminates 3,480 jobs

  Cirque du Soleil has filed for creditor protection as the company grapples with financial hardships during the ongoing novel coronavirus pandemic.

  Economy

  Jun 29, 2020
• Calgary judge orders dozens of Strategic Group buildings into receivership

  Strategic Group said 56 of its properties in Alberta are affected. Despite the receivership decision, the real estate developer maintains the end goal remains the same.

  Canada

  Jan 3, 2020
• Alberta slump cited in court process to sell dozens of office buildings

  A major player in Calgary's depressed office real estate industry is putting dozens of Alberta office buildings under court protection from creditors while it tries to sell them.

  Economy

  Dec 11, 2019
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• Creditor protection given to JTI-Macdonald suspends order to pay billions to Quebec smokers

  JTI-Macdonald was among three companies that lost in the Quebec Court of Appeal March 1.

  Canada

  Mar 12, 2019
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• Carillion Canada, major road maintenance contractor, files for creditor protection

  The Canadian branch of insolvent British construction giant and state contractor Carillion PLC said on its website on Thursday that its decision to seek CCAA protection was forced by the compulsory liquidation of its parent company earlier this month when it couldn't arrange short-term financing.

  Canada

  Jan 25, 2018