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The Bankruptcy and Insolvency Act ("BIA") [1] The Companies' Creditors Arrangement Act ("CCAA") [2] The Winding-Up and Restructuring Act [3] The following discussion concentrates on insolvency as it applies to corporations, but the rules apply to individuals and other entities involved in commercial matters as well, with necessary modifications.
Shoprite Catalogue order store, went bankrupt in 1970s. Simpsons – department store chain (AKA Simpson's Sears and Sears Roebuck) Steinberg's – grocery store chain; Target Canada – Canadian subsidiary of the American-based department store chain Target Corporation, closed all stores in 2015; Thrifty's – denim/clothing store
Pages in category "Companies that have filed for bankruptcy in Canada" The following 106 pages are in this category, out of 106 total. This list may not reflect recent changes .
The Bankruptcy Act of 1919 [42] 1 July 1920 subject reassumed by the Parliament of Canada; covered all individuals, companies and other entities; voluntary and involuntary bankruptcy allowed; 1923 The Bankruptcy Act Amendment Act, 1923 [43] trustee to be selected by the estate's creditors (they were previously appointed by the government)
Following the 1880 repeal of Canadian insolvency law at the federal level, [2] the Parliament of Canada returned to the field in 1882, passing legislation "for the purpose of winding-up insolvent banks, and insolvent trading companies," known as An Act respecting Insolvent Banks, Insurance Companies, Loan Companies, Building Societies and Trading Corporations.
The Parliament of Canada has exclusive jurisdiction to regulate matters relating to bankruptcy and insolvency, by virtue of Section 91(2) of the Constitution Act, 1867. It has passed the following statutes as a result: The Bankruptcy and Insolvency Act ("BIA") [1] The Companies' Creditors Arrangements Act ("CCAA") [2] The Farm Debt Mediation ...
Bondfield Construction Co. Ltd. was a Canadian construction company that specialized in public sector projects in Ontario. Bondfield filed for bankruptcy in 2019 and its former CEO is facing fraud charges from a kickback scheme related to a major project at St. Michael's Hospital in Toronto. [1]
Bankruptcy: Best Buy, Electronics and Home Appliances: Jan 2023, 15: Bath & Body Works: bath: May 2020: 1: Described as "rightsizing", it was part of a larger closure by L Brands. [2] Bentley Leathers: accessories: December 2019: 90 [3] Bose: audio: January 2020: 3 [4] The Bombay Company: home: January 2019-Insolvency of owner Fluid Brands Inc ...