On September 29, 2025, by Order of the Ontario Superior Court of Justice (Commercial List) (the "Receivership Order"), KPMG Inc. was appointed receiver and manager (the "Receiver") of Jade Equipment Co. Ltd. ("Jade") and Elvaan Group Inc. ("EGI", and together with Jade, 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.
Receivership proceedings
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 December 15, 2025.
Contact
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 possible.
