Cavalia Inc., Bankruptcy

Cavalia Inc., a Montréal, Québec-based entertainment company known for its equestrian shows, filed an assignment in bankruptcy on April 25 listing over $28 million in liabilities, including $10.4 million to Caisse Desjardins du Plateau-Mont-Royal, $4.4 million to IQ, $3.5 million to the Société de développement des entreprises culturelles and $1.8 million to EDC.

Cavalia is the company behind the Odysseo project, which showcased 70 horses and 50 performers.

In 2019, just before the pandemic, Cavalia set up the Illumi light and sound show in Laval. In January 2024, the agreement allowing Cavalia to operate on the site (which was owned by the City of Laval) was reportedly not extended. The City subsequently sought a court order to force Cavalia to vacate the site.

Raymond Chabot is the bankruptcy trustee.