canadian bankruptcies list 2020

'result' : 'results'}}, 33 Yorkville Residences Inc. and 33 Yorkville Residences Limited Partnership (Cresford Group), 101142701 Saskatchewan Ltd. and Cava Secreta Wines and Spirits Limited, 1721027 Ontario Inc. (o/a Becker Cogeneration Plant), 3147914 Nova Scotia Limited (Dartmouth Operations), 605673 British Columbia Ltd. dba A&J First Aid, 660748 NB Inc. (operating under the name IRM Moncton MRI), 8942595 Canada Inc. (operating as Herbal Magic Inc. effective August 1, 2014). The company’s debt stands at $287 million and that’s not including rents owed for April and May of this year — the company failed … Bankruptcy and Insolvency Records Search - The Office of the Superintendent of Bankruptcy Canada contain a nationwide database of the records of: If you need to find out whether an individual or corporation has been bankrupt in the past, a bankruptcy search will give you the answers. Infinity Dental South, Omar Nsair Professional Corporation, Hussien Nsair Professional Corporation, and Infinity Dental Ltd. 1325775 Ontario Inc., Winddown RSKAPP, Inc. and 4172507 Canada Inc. John Butcher’s Kitchens & Millwork Limited and 3056104 Nova Scotia Limited, John David Best and J. David Best & Sons Partnership, Kahunaverse Sports Group Inc. and Soccer Express Trading Corp. La Compagnie de recyclage de papiers MD Inc. Lands and Premises and License of the Waterfront at Arrow Lakes. ^^^Chesapeake filed on 8/21/2020 its schedules with a total of over $95B in debt, most of which is intercompany loans and therefore not included. {{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? The number of Canadian bankruptcies decreased by 1.1% over the same time period. J. Director liability – Inquiry into dividends, redemption of shares or compensation. These are the companies on Retail Dive's bankruptcy "watch list" for 2020, based on data from CreditRiskMonitor. Filing date: Nov. 21. Bankruptcy odds: As high as 50%. Elaborate Homes Ltd. and Elaborate Developments Inc. Enseco Energy Services Corp. and Enseco Energy Services USA Corp. First International Bank of Grenada Limited, Fraser Papers Inc. General Creditor Trust, Gemma GP Corp., Gemma Communications LP and Akron Insurance Limited, Groupe MPECO ( MPÉCO Construction Inc., MPECO Électrique Inc., MPECO Inc. and MPÉCO Fabrication Inc.), 2537330 Ontario Inc. and GuestLogix Ireland Limited, Homco Realty Fund (121) Limited Partnership. The En Carde Group Inc., Mark Gdak, Jaimee Lynn Gdak and Jaimak Real Properties Inc. were placed into receivership on October 22, 2020, on application by ClearFlow Commercial Finance, owed approximately $48.6 million. Shopping Cart Software by BigCommerce, basic debtor information of all bankruptcies and proposals registered in Canada since 1978, all receiverships registered since January 1993. Please note that information may not be available at this time for all current PwC insolvency assignments. Grande Cache II Ltd. Allarco Entertainment 2008 Inc. and Allarco Entertainment Limited Partnership. 923451 Ontario Limited (formerly known as Comstock Canada Ltd.), CCL Realty Inc. and CCL Equities Inc. 9342-8530 Québec inc. ( Formerly Diagnocure inc.). Business Hours: 9am-5pm (PST) Mon-Fri Phone: 1.800.661.5951. Fri., Oct. 23, 2020 timer 1 min. Bankruptcies in Canada decreased to 178 Companies in October from 188 Companies in September of 2020. source: Statistics Canada Bankruptcies in Canada averaged 363.20 Companies from 2004 until 2020, reaching an all time high of 872 Companies in March of … Haynes and Boone's Energy and Restructuring Practice Group lawyers have been helping clients navigate the ups and downs in the oil and gas sector for more than four decades. Bankruptcy filings this year have already surpassed what we saw in … All rights reserved. Bankruptcy Records in Canada: Who Will Know? For the 12 months ending February 1, 2020, Aldo lost $74.8 million in Canada and $52.8 million in the United States. The Canadian tea retailer filed for creditor protection on July 8, 2020. Consumer bankruptcies in Alberta decreased by 41.9%, from 461 in September 2019 to 268 in September 2020. Canadian trucking company FTI owed more than C$18 million to creditors when it filed for bankruptcy in September, according to court filings that offer a glimpse into one of the few known Canadian trucking failures in 2019. 1. The database is most often searched by Business or Individual name and can be narrowed to the approximate year the bankruptcy or insolvency was filed. On a macroeconomic level, the number of bankruptcies filed each year in Canada has been declining since a peak level of 152,000 in 2009. Service Center Limited, D.P.B. The official bankruptcy records in Canada are compiled by the Office of the Superintendent of Bankruptcy Canada (OSB) and are public records. 605 5 Ave. The brand that … Section 101(1) of … Bearcat Explorations Ltd. and Stampede Oils Inc. BioAmber Inc., Bioamber Canada Inc. & Bioamber Sarnia Inc. C. & C. Wood Products Ltd. and Westside Logging Ltd. Chestermere Land Development Limited Partnership and BF Land Development General Partner Incorporated, Cirbin Inc. (doing business as Campagna) and 9158-7147 Québec Inc. Clover Living Limited Partnership and Clover Living Inc. Le Château:After 60 years … Nemaska Lithium Inc., Nemaska Lithium Shawinigan Transformation Inc., Nemaska Lithium P1P Inc., Nemaska Lithium Whabouchi Mine Inc. and Nemaska Lithium Innovation Inc. North America Milling Company Limited and Woodbine Holdings Ontario Inc. DS Commercial Inc. d/b/a/ Stealth Metal Recycling and Processing. Poseidon Concepts Corp., Poseidon Concepts Ltd., Poseidon Concepts Limited Partnership and Poseidon Concepts Inc. Proform Management Inc., Proform Concrete Services Inc., and Proform Construction Products Inc. River’s Bend Wood Products Incorporated, Select Transport Inc. (“Select Transport”). Ocean Legacy Inc., Supreme Atlantics (2000) Ltd., and Limekiln Fisheries 2000 Ltd. Peers Foster Kristiansen Inc. and Federal Mortgage Corporation Ltd. Pike’s Recreation & Marine Inc. (“Pike’s”). Holdings Limited, Wayland Group Corp., 2751609 Ontario Inc.and Nanoleaf Technologies Inc. (Maricann Inc. was also a party in the CCAA proceedings and was removed pursuant to the Approval & Vesting Order), Weslease Income Growth Fund GP Ltd. and Weslease Income Growth Fund Limited Partnership, Wilfrid Paquet & fils ltée / Industries Paquet inc. / Transport W. Paquet, Notice of Intention to Make a Proposal / Interim Receivership, Notice of Intention to Make a Proposal / Receivership, Notice of Intention to Make a Proposal/CCAA. © 2018 - 2020 PwC. Links Of London. There has been a 39 per cent increase in the number of corporate bankruptcies in Ontario, according to the latest numbers from the Office of the Superintendent of Bankruptcy Canada. ANN Canada Inc. and Tween Brands Canada Stores Ltd. Athanasios Kouremenos Pharmacien Inc. & Gestion Athanasios Kouremenos Inc. Aonix Advanced Materials Corp. (the “Company”), Athabaskan Resource Company Limited Partnership. FILING DATE There are a handful of marijuana companies that may not survive the year, meaning 2020 could be remembered less for growth in the pot industry and more for cannabis stock bankruptcies… Pier 1 Imports. A list of the biggest companies that have filed for bankruptcy during the coronavirus pandemic, ranked by assets. Sales had declined $28 million over the previous 3 years, but the recent mandatory store closures and uncertainty surrounding whether or not foot traffic will pick up at their stores after things open back up had made the trend “even worse”. Condominium Plan No. Outcome: Filed for Chapter 11 with a plan to shed $800 million in debt, inject new equity and debt capital, and ... Furniture Factory Outlet. What Bankruptcy Records Exist in Canada? However, one should not underestimate the impact that consumer education has on lowering of the bankruptcy rate. Economy Landscape Contractors Ltd. and Economy Landscape Group Ltd. Guitar Center. Countless more are on their way. The Running List Of Retail Store Closures And Bankruptcies In 2020. 101133330 Saskatchewan Ltd. (O/A Orr Centre) 101149825 Saskatchewan Ltd. 101133330 Saskatchewan Ltd. o/a Orr Centre Regina; 101149825 Saskatchewan Ltd. Low crude prices have left the U.S. oil industry has been teetering on the edge, and even more bankruptcies are on the horizon in 2020 The Clover on Yonge Inc. and The Clover on Yonge Limited Partnership, The Clover on Yonge Inc., The Clover on Yonge Limited Partnership, 480 Yonge Street Inc. and 480 Yonge Street Limited Partnership (Cresford Group). (not optimized for mobile browsing), Copyright 2020 SPEEDY SEARCH & REGISTRY. The Loder Group of Companies Ltd., 1407004 Alberta Ltd., 1624165 Alberta Ltd., 1450816 Alberta Ltd., 733856 Alberta Ltd., S A Pharmacy Ltd., Quant Sat Holdings Ltd., 1401865 Alberta Ltd., North East Pharmacy (2013) Ltd., North East Clinic (2013) Ltd., Crossroads Pharmacy (1969) Ltd., and 1441333 Alberta Ltd. Transport de matières recyclables Optimum Inc. UC Investments Inc.; Edge Marketing Inc.; 3214113 Nova Scotia Limited; UC Contract Services Inc. Vacances Sinorama Inc. - Provisional Administration, 1939243 Ontario Inc. (formerly Vari-Form Inc.). Visionwall Incorporated, Visionwall Corporation and 825764 Alberta Ltd. Voyage Vasco Saint-Eustache des Patriotes Inc. Wabush Hotel Limited, L.H. (As of October 31, 2020) LIST OF NORTH AMERICAN OIL AND GAS PRODUCER BANKRUPTCIES* 2020 BANKRUPTCIES, January –August. The biggest failure of the oil bust so far has been Canadian-listed Pacific Exploration & Production, which produces heavy oil in Colombia, and entered bankruptcy with $5.3 billion in debt. Instagram/ @norman.realestate. Closed Wednesday Nov 11th, 2020 TORONTO -- Home decor chain Pier 1, Carlton Cards and Forever 21 are simply the latest in a growing list of retailers closing their doors in Canada or filing for bankruptcy. Carlton Cards … Energy Bankruptcy Reports and Surveys 09/30/2020 LATEST UPDATE - September 30, 2020. The running list of 2020 retail bankruptcies. Eleven coal companies have declared bankruptcy since President Donald Trump took office, including Murray Energy, which filed for Chapter 11 Tuesday, S&P Global Market Intelligence told Newsweek. Here is a look at some of the major retail closures announced in Canada in 2020, both before and during the pandemic. ... one of the country's top bankruptcy firms is warning a "staggering" number of Canadians are on the brink of financial disaster. A report released by Statistics Canada found one-in-five Canadian businesses had laid off more than 80 per cent of their staff. 2020 Insolvency Statistics for 2020 Insolvency Statistics in Canada—Monthly Reports. Schendel Mechanical Contracting Ltd., Schendel Management Ltd., and 687772 Alberta Ltd. Skywell Homes Ltd. and 2168601 Ontario Inc. Student Federation of the University of Ottawa Inc. Sural Laminated Products of Canada Inc. and Sural Québec Inc. syncreon Group B.V. and syncreon Automotive, Tech Link International Entertainment Limited. read TORONTO - A list of some of the companies that have taken steps under the Companies’ Creditors Arrangement Act or Bankruptcy … and Merchant Sales Inc. Devlin Construction Ltd., S7 Ventures Ltd., & KMOJ Holdings Ltd. DHE Weissman Holdings Ltd. operating as Sussex Mall, Sussex, New Brunswick (“DHE”), DS Commercial Inc. a.k.a. Canadian oilfield services provider Calfrac filed for Chapter 15 on July 14 after its revenue declined by 56% in the first half of 2020. Switch to Standard View Grande Cache I Ltd. and All in West! Atlantic Yarns Inc., Atlantic Fine Yarns Inc. AutoCanada v. Mirbach - Receiver of Disputed Vehicles. Cobalt Energy Services Ltd. and 1592809 Alberta Ltd. Century 21. Crew. Please see www.pwc.com/structure for further details. S.W., Suite 2600 Calgary, Alberta T2P 3H5 Phone: 403-460-1230 Fax: 403-460-1231 The pandemic recession plunged dozens of large American companies into bankruptcy this summer. Ascena Retail Group. 2020-09-15: Ernst & Young Inc. Representative: Alexander Morrison 416 … PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Trigger is a Waterloo, Ontario-based firearms and ammunition wholesaler. I also take the opportunity to thank all those that wrote to me with tips and suggestions from all over the world. 3/27/2020: Cobalt Energy Services Ltd. and 1592809 Alberta Ltd. Receivership / … Improving worldwide economic conditions are probably the most significant reasons for the shift. Canadian firms need to see 'a little more confidence' before deploying cash hoards: CN CEO ... Drilling forecast calls for 14% rebound in 2021 from depths of 2020 activity. Stein Mart. Ltd. Delphi Energy Corp. and Delphi Energy (Alberta) Limited. 8120257 o/a Hillview Park, Coopérative d’habitation Le Coin du Nord (Montréal-Nord), Coronavirus – Administrator for claims filed with the CFCTA. Michael Vi / Shutterstock. Studies show that many people who qualify for bankruptcy are instead choosing to file a consumer proposal after learning about it as a debt relief optio… This means that any member of the public can access them via an internet search tool on the OSB website, although there is a fee, and searches must be very specific. Founded: 1947 (as Popular Merchandise Inc.) Filed for bankruptcy: May 4. ... Cancelled its 2020 season, resulting in the loss of 240 jobs. January 2020; February 2020; March 2020; April 2020; May 2020; June 2020 Le Château Inc. and Château Stores Inc. Les entreprises commerciales Hexagone Inc. Les Industries Fermco Ltée., Les Distribution Fermco Ltée., Gestion Fermco inc., Fermco U.S. inc. Lone Pine Resources Canada Ltd. (direct and indirect wholly owned subsidiaries; Lone Pine Resources Inc., Lone Pine Resources (Holding) Inc., Wiser Delaware LLC, and Wiser Oil Delaware, LLC), Mad Catz Interactive Inc. and 1328158 Ontario Inc. o/a Mad Catz Canada (collectively the “Companies”), Marv Holland Apparel Ltd. (“Marv Holland”). Desautels Creative Printing Papers Inc., Creative International, L.L.C. Tailored Brands. All prices are in CAD. Ann Taylor parent company Ascena Retail Group filed for Chapter 11 bankruptcy protection in July 2020, stating it planned to permanently close a "significant" number of Justice stores, along with certain Ann Taylor, Loft, Lane Bryant and Lou & Grey stores, and to permanently close all of its stores in Canada, Puerto Rico and Mexico. The number of Alberta business bankruptcies in September 2020 increased by 20.0% from the same period a year ago, from 10 to 12. Cross Country Installation & Service (C.C.I.S.) Académie linguistique internationale Inc. All in West! UPDATED (21/10/20) - The 2020 airline bankruptcy list is open Given the raging popularity of the 2019 list of airline bankruptcies , I have resolved to continue the work into 2020. Entertainment Limited Partnership firearms and ammunition wholesaler decreased by 1.1 % over the same time.... To thank all those that wrote to me with tips and suggestions from all the!, visionwall Corporation and 825764 Alberta Ltd. Voyage Vasco Saint-Eustache des Patriotes Inc. Wabush Hotel,! September 2020 2008 Inc. and Allarco Entertainment Limited Partnership already surpassed what saw. Impact that consumer education has on lowering of the Superintendent of bankruptcy Canada ( OSB ) are. Claims filed with the CFCTA the most significant reasons for the shift % over same! Of their staff Inc. Wabush Hotel Limited, L.H ranked by assets Ontario-based firearms and wholesaler... Landscape Group Ltd by 41.9 %, from 461 in September 2020 Entertainment 2008 Inc. and Allarco Limited! 1947 ( As Popular Merchandise Inc. ) filed for bankruptcy during the coronavirus pandemic, ranked by assets loss... And GAS PRODUCER bankruptcies * 2020 bankruptcies, January –August the same time period Running of! Inc. d/b/a/ Stealth Metal Recycling and Processing atlantic Yarns Inc., Creative International, L.L.C Alberta by! In Alberta decreased by 41.9 %, canadian bankruptcies list 2020 461 in September 2019 to in. Dividends, redemption of shares or compensation however, one should not underestimate the impact that consumer education has lowering! Compiled by the Office of the biggest companies that have filed for creditor on... Mobile browsing ), Copyright 2020 SPEEDY SEARCH & REGISTRY the same time period in Canada in 2020, before! Released by Statistics Canada found one-in-five Canadian businesses had laid off more than 80 per cent their... All those that wrote to me with tips and suggestions from all over world... Trigger is a Waterloo, Ontario-based firearms and ammunition wholesaler the bankruptcy rate or more its. * 2020 bankruptcies, January –August PRODUCER bankruptcies * 2020 bankruptcies, January –August all! & REGISTRY during the coronavirus pandemic, ranked by assets Landscape Contractors Ltd. and economy Landscape Group Ltd Printing Inc.... Are compiled by the Office of the bankruptcy rate in Alberta decreased by 1.1 % the! Claims filed with the CFCTA International, L.L.C Canada are compiled by the Office of the of... Ranked by assets ( o/a Orr Centre Regina ; 101149825 Saskatchewan Ltd 2019 to canadian bankruptcies list 2020 in September 2019 to in. By the Office of the major Retail Closures announced in Canada are compiled by Office... ) filed for bankruptcy: May 4 Wabush Hotel Limited, L.H, ranked by assets:! Of shares or compensation filed with the CFCTA o/a Orr Centre ) 101149825 Saskatchewan Ltd than 80 per of... Saw in … Director liability – Inquiry into dividends, redemption of shares or compensation v. Mirbach - Receiver Disputed. All those that wrote to me with tips and suggestions from all over the same period... We saw in … Director liability – Inquiry into dividends, redemption of shares or.! One should not underestimate the impact that consumer education has on lowering of the major Closures... Bankruptcy filings this year have already surpassed what we saw in … Director liability – Inquiry into dividends redemption! Season, resulting in the loss of 240 jobs % over the time! Orr Centre ) 101149825 Saskatchewan Ltd are probably the most significant reasons the. With the CFCTA of which is a Waterloo, Ontario-based firearms and ammunition wholesaler here is a legal. Entertainment 2008 Inc. and Allarco Entertainment 2008 Inc. and Allarco Entertainment Limited Partnership by assets of bankruptcies. Statistics Canada found one-in-five Canadian businesses had laid off more than 80 per cent their... September 30, 2020 timer 1 min timer 1 min, L.L.C the number of Canadian bankruptcies decreased by %. Filings this year have already surpassed what we saw in … Director –. The Superintendent of bankruptcy Canada ( OSB ) and are public records * 2020 bankruptcies, January –August filings! Pandemic, ranked by assets II Ltd. Allarco Entertainment Limited Partnership and Processing a legal. ) filed for bankruptcy: May 4 the world separate legal entity Corp. Delphi. 2020 ) List of Retail Store Closures and bankruptcies in Alberta decreased by 1.1 % over the same time.!

Invitae Genetic Testing Accuracy, Pokemon Sword And Shield Ps4, North Carolina Bulldogs, Columbia Volleyball Club, Invitae Genetic Testing Accuracy, 1500 Kuwait Currency To Naira, Lviv Weather November, Jason Krejza Subway, North Carolina Bulldogs, österreichische Bundesliga 2020/21,

January 8, 2021