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      Receivership Proceedings

      On November 4, 2025, by Order of the Ontario Superior Court of Justice (the "Receivership Order"), KPMG Inc. was appointed receiver (the "Receiver") of 12870428 Canada Inc., 15223873 Canada Inc., 15224705 Canada Inc., and 15224721 Canada Inc. (collectively, the “Debtors”), pursuant to section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended.

      Information for Former Employees regarding the Wage Earner Protection Program ("WEPP")

      WEPP provides payment up to a maximum amount for eligible unpaid wages, vacation pay, termination pay and severance pay to former employees of an employer who is in receivership. The Receiver will be making an application to WEPP on behalf of all eligible former employees of the Debtors. The Receiver will mail to all eligible former employees certain additional information regarding WEPP by February 28, 2026.


      Contact

      12870428CanadaInc@kpmg.ca

      Toll free within North America:
      (833) 724-6003

      Local phone number:
      (416) 468-7694

      Please be aware that the numbers are voicemail answering machines only. Please leave a detailed message and a representative of the Receiver will endeavour to get back to you as soon as




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      Pritesh Patel

      Partner, Deal Advisory, Restructuring and Turnaround

      KPMG in Canada

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      Information on companies for which KPMG is acting as Monitor, Receiver and Manager, Liquidator, or Trustee in Bankruptcy.