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ILAC files for bankruptcy protection
22 hours ago

ILAC files for bankruptcy protection

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Ottawa office-to-residential conversion placed into receivership
Sep 21, 2026

Ottawa office-to-residential conversion placed into receivership

Addenda Capital moves on 495 Richmond Road after more than $25 million loan default and concerns over unauthorized demolition

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Drexler Construction placed into receivership
Sep 21, 2026

Drexler Construction placed into receivership

Grant Thornton takes control as contractor winds down with $13.2 million of liabilities, including more than $2.3 million owed to CRA

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Felix & Paul Studios files for bankruptcy with $34.5 million of liabilities
Sep 21, 2026

Felix & Paul Studios files for bankruptcy with $34.5 million of liabilities

Emmy-winning Montreal VR studio collapsed after years of losses, a failed sale process and delays to two lunar missions

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Mitchell Press files NOI, sells customer list to Dollco as Burnaby printer winds down
Sep 21, 2026

Mitchell Press files NOI, sells customer list to Dollco as Burnaby printer winds down

Royalty-only deal wins court approval after a year-long search, and a proposal is planned to preserve tax attributes for the Mitchell Group

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
1111 Clarkson Road Project Placed Into Receivership After Two-Year CCAA Fails
Sep 13, 2026

1111 Clarkson Road Project Placed Into Receivership After Two-Year CCAA Fails

Kenaidan's choice of receiver wins out over DIP lender's proposed Crowe appointment after two-year CCAA fails to produce a transaction

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Innomalt seeks creditor protection after losses mount at new Bécancour malt plant
Sep 13, 2026

Innomalt seeks creditor protection after losses mount at new Bécancour malt plant

Quebec malt producer files NOI after rapid revenue growth fails to offset rising losses, with more than $62 million of liabilities and a sale or investment process now underway

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Vitasave enters CCAA as inventory shortages deepen cash crunch
Sep 13, 2026

Vitasave enters CCAA as inventory shortages deepen cash crunch

Supplement retailer seeks to rebuild stock and preserve going-concern value after BMO cites defaults and loss of confidence in management in seeking a receiver

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
A Parent Media, Kidoodle enter receivership after emergency financing unravels
Sep 13, 2026

A Parent Media, Kidoodle enter receivership after emergency financing unravels

Streaming company behind Kidoodle.TV and Victory+ ran short of cash in June, prompting emergency financing before a dispute over lien priority led to enforcement

Insolvency Insider
Insolvency Insider
Recent filingsRecent filings
Grande Prairie hauling companies placed into receivership
Sep 08, 2026

Grande Prairie hauling companies placed into receivership

Grant Thornton appointed after RBC demanded repayment of approximately $1.72 million

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Gilda’s Club Greater Toronto bankrupt after losing charitable status
Sep 08, 2026

Gilda’s Club Greater Toronto bankrupt after losing charitable status

Cancer-support organization ceased operations days before filing, listing $53,202 of assets against $190,525 of liabilities

Dina Kovacevic
Dina Kovacevic
Recent filingsRecent filings
Niagara Falls hotel site placed into receivership
Sep 08, 2026

Niagara Falls hotel site placed into receivership

Albert Gelman takes control after $15 million Vranich loan grew to more than $20.8 million amid repeated maturity defaults and mounting property tax arrears

Dina Kovacevic
Dina Kovacevic
Essential Canadian insolvency news, trends and legal updates

Insolvency Insider Canada

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