Millenum Construction Inc., bankruptcy

Millenum Construction Inc., a Québec-based construction company, entered bankruptcy on June 14, 2023, listing liabilities of approximately $84 million and assets of less than $70,000. Millennum is related to Groupe Huot, which obtained CCAA protection on May 3, after experiencing elevated financing costs, construction costs that exceeded budgeted costs and providing financial support to other members of the group. KPMG is the Bankruptcy Trustee.

By: Dina Milivojevic