Amscan Canada Inc. (previously known as Party City Canada Inc.), Wound Up

Amscan Canada Inc. (previously known as Party City Canada Inc.), an Ontario-based party-goods retail company operating within the wider Party City Group, was ordered to be wound up under the Ontario Business Corporations Act on March 10.

The company operated numerous brick and mortar retail locations in Canada for the sale of consumer party and celebration goods under the Party City brand.

In August 2019, the Party City Group sold its Canadian retail business to Canadian Tire as part of a larger streamlining initiative. Since then, it has operated in Canada as a wholesale distributor.

In December 2024, certain Party City Group companies (not including Amscan Canada), commenced Chapter 11 proceedings and are now in the process of having their assets liquidated and being wound up. Accordingly, Amscan Canada brought an application to appoint Albert Gelman as liquidator to conduct a claims process and wind up the company.

Counsel is Gowling WLG for the company and the liquidator.