Able Infrastructure CCAA proceeding expanded to include Precision Concrete Group affiliates

Able Infrastructure Inc. obtained protection under the Companies’ Creditors Arrangement Act on November 26, 2025, pursuant to an Initial Order of the Supreme Court of Nova Scotia, with Grant Thornton Limited appointed as Monitor. The Initial Order was limited to Able Infrastructure alone, while certain other affiliates including Precision Concrete Services Limited and related holding and operating companies were added pursuant to the Amended and Restated Initial Order on December 5.

Able Infrastructure provides forming and structural services for buildings and bridges, while Precision Concrete focuses on concrete placement and finishing for large-scale commercial and infrastructure projects. At the time of the initial filing, Able had four active contracts and Precision Concrete had five, with most expected to be completed before the end of November 2025.

The companies attributed their insolvency to prolonged operational and liquidity pressures stemming from the COVID-19 pandemic, including permitting delays, disrupted material supply chains, and labour shortages within a unionized workforce. These pressures were compounded by fixed-price contracts that prevented the companies from recovering sharp increases in material, labour, logistics, and supply costs, resulting in sustained cash flow deficits.

As of October 8, 2025, the companies reported combined indebtedness to CRA of approximately $13.4 million in respect of source deductions and GST/HST obligations, which management advised could not be repaid from ongoing operations. The proceedings are intended to facilitate a controlled wind-down of operations and an orderly liquidation of assets, rather than a going-concern restructuring.

Grant Thornton Limited is acting as Monitor. BoyneClarke LLP represents the companies, while McInnes Cooper appears for certain creditors.