Toronto Debt Solutions

CCAA RESTRUCTURING: IS IT EVER TOO LATE TO SAVE YOUR CANADIAN BUSINESS FROM BANKRUPTCY? THIS BRANDON’S BLOG GOES LIVE ON MONDAY, JUNE 1, 2026 AT 12:00 NOON CCAA RESTRUCTURING: IS IT EVER TOO LATE TO SAVE YOUR CANADIAN BUSINESS FROM BANKRUPTCY? Is your company facing overwhelming debt but still has a viable future? In Canada, the Companies’ Creditors Arrangement Act (CCAA) is the ultimate legal framework designed to give large-scale businesses a second chance. In this video, Brandon Smith, Licensed Insolvency Trustee at Ira Smith Trustee & Receiver Inc., breaks down the CCAA restructuring process. We move past the legal jargon to show you how a "Stay of Proceedings" can stop creditor action in its tracks and give your management team the breathing room needed to implement a Plan of Arrangement. What you will learn in this video: ✅ The $5 Million Threshold: Is your business eligible for CCAA? ✅ The Role of the Court-Appointed Monitor: Why you need a Licensed Insolven...

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BIA VS CCAA PROCEEDINGS TORONTO: WHICH RESTRUCTURING STRATEGY SAVES YOUR BUSINESS? BIA VS CCAA PROCEEDINGS TORONTO: WHICH RESTRUCTURING STRATEGY SAVES YOUR BUSINESS? Are you a Toronto business owner facing a mountain of debt? Navigating the Canadian insolvency landscape can feel like a minefield, but choosing the right legal framework is the difference between a successful turnaround and a total shutdown. In this video, Brandon Smith from Ira Smith Trustee & Receiver Inc. breaks down the critical differences between the Bankruptcy and Insolvency Act (BIA) and the Companies’ Creditors Arrangement Act (CCAA). What you’ll learn: ✅ The $5 Million Threshold: Does your business even qualify for CCAA? ✅ BIA Division 1 Proposals: The "Surgical Strike" for SMEs—speed, cost, and risks. ✅ The CCAA "Blank Canvas": Why large corporations prefer court-driven flexibility. ✅ The Automatic Bankruptcy Trap: What happens if your BIA proposal is rejected? ✅ The Stay of Pro...

HONDA CANADA EV PLANT ALLISTON SUSPENDED: THE $15B FINANCIAL DISASTER FOR ONTARIO SUPPLIERS HONDA CANADA EV PLANT IN ALLISTON, ONT., SUSPENDED: THE $15B FINANCIAL DISASTER FOR ONTARIO SUPPLIERS Honda Canada just hit the brakes on its $15-billion EV plant in Alliston, Ontario—and the financial ripple effect is just beginning. While the headlines focus on the "indefinite suspension" and shifting global demand, Brandon Smith from Ira Smith Trustee & Receiver Inc. breaks down the real-world impact on the Canadian insolvency marketplace. In this video, we dive into: - Why Honda’s first-ever full-year loss changed everything for Alliston. - The "Zombie Supply Chain": What happens to Ontario manufacturers who retooled for an EV boom that isn't coming? - Financial Survival: How local business owners and contractors can use a Consumer Proposal or restructuring to manage debt from failed expansions. - The truth about "Job Security" in a shifting trade...

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