Notice to Creditors of Peavey Group 

Date:

Share post:

NOTICE TO CREDITORS

of Peavey Industries General Partner Limited (“Peavey GP”), TSC Stores GP Inc. (“TSC GP”), Guy’s Freightways Ltd. (“Guy’s”), and Peavey Industries Limited (“Peavey Industries”) (collectively, the “Applicants”)

RE: NOTICE OF CCAA FILING

NOTICE IS HEREBY GIVEN that on January 27, 2025, the Applicants sought and obtained an order (the “Initial Order“) from the Court of King’s Bench of Alberta (the “Court“) under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”). Pursuant to the Initial Order, FTI Consulting Canada Inc. has been appointed as monitor (the “Monitor”). As part of the relief sought and obtained by the Applicants, the Initial Order, including the Stay of Proceedings, was extended and applies to Peavey Industries LP (“Peavey LP“) and Peavey Industries Mutual Fund Trust (“MFT“).

PLEASE TAKE NOTICE that a copy of the Initial Order and other public information concerning these CCAA proceedings can be found on the Monitor’s website at http://cfcanada.fticonsulting.com/peavey, or may be obtained by contacting the Monitor at:

FTI Consulting Canada Inc., Monitor of the Applicants. 1610 – 520 5th Ave. S.W. Calgary, Alberta T2P 3R7

Phone: 1-833-768-1171, Fax: 403-232-6116 Email: Peavey@FTIConsulting.com

To run a notice in Retail Insider, contact Craig Patterson at craig@retail-insider.com

1 COMMENT

Comments are closed.

RELATED ARTICLES

Subscribe to the Newsletter

Subscribe

* indicates required

RECENT articles

Canadian Tire invests $200 million in Mark’s store expansion, opens largest location in Thunder Bay (photos/video)

Canadian Tire plans to invest $200 million in Mark’s stores through 2028, expanding its new retail format to 40 locations across Canada.

Serruya Private Equity Appoints Jenny Frankel to Support Retail Strategy and Brand Growth and lead The Body Shop

Award-winning beauty entrepreneur and Nudestix founder brings 25+ years of brand-building expertise, ethical beauty credentials, and deep Canadian retail relationships to SPE's growing portfolio.

Retail Insider “Q3 2026 Home Furnishings Report”: The Store Needs a Defined Job

Home-furnishings retailers are investing despite soft category sales. The Q3 report examines how digital demand, consultation and separate fulfilment models are changing the purpose and economics of physical stores.

Cinema Cellar Reopens Permanent Toronto Store as Demand for Physical Movies Grows

Cinema Cellar has reopened its permanent Toronto store in the Entertainment District, tapping into renewed interest in physical media, collectible films and Blu-ray releases.

Yoé Eyes Canadian Prestige Retail Expansion as Luxury Biotech Skincare Brand Grows in U.S.

Yoé, founded by Hazel Guo, is pursuing Canadian prestige retail partnerships as the luxury biotech skincare brand expands its U.S. presence and launches Ympossible Serum.

Nearly half of young Canadians fear credit scores could hinder major financial milestones: Equifax

An Equifax survey finds 49 per cent of Canadians aged 18 to 34 worry their financial health or credit score could affect major financial decisions, including renting and buying a home.

Google expands AI-powered shopping and direct checkout to Canadian consumers

Google is bringing AI-powered shopping and direct checkout to Canada through partnerships with lululemon, Shopify, Shoppers Drug Mart and Simons, with broader retailer access planned for 2027.

Daily Synopsis: November 3, 2026

Foodtastic Proposes to Acquire MTY Food Group for $43 Per Share in near, Sunterra shutting down another location in Alberta, Toys“R”Us Canada to Make Comeback Through Nearly 300 Staples Stores, NatureWell launches in Canada at Shoppers Drug Mart, Expanding to 1,000, and other retail news.

Foodtastic Proposes to Acquire MTY Food Group for $43 Per Share in near $1-billion deal

“We believe MTY owns many wonderful brands and has many terrific franchisee partners. However, over the past decade, MTY became undisciplined in its operations and acquisitions."- Foodtastic

Shopify experiences 32% revenue growth in Q3

Shopify expects revenue to grow at a low-30s percentage rate in the fourth quarter on a year-over-year basis.

Sunterra shutting down another location in Alberta

Sunterra is shutting down its Calgary store in the Britannia neighbourhood which it has operated there for more than 30 years.

Toys“R”Us Canada to Make Comeback Through Nearly 300 Staples Stores

Toys“R”Us Canada is returning through a national partnership with Staples Canada, with shop-in-shops planned for close to 300 stores through 2027. The first location opens November 14 in Richmond Hill, introducing Toys“R”Us alongside the new Parties“R”Us concept.

Small businesses risk losing holiday shoppers by failing to plan for repeat business: Constant Contact

Constant Contact research finds 75 per cent of consumers plan to try a new small business this holiday season, but most owners lack strategies to retain those customers.

How AI-Powered Shopping Recommendations Are Changing Holiday Retail and Brand Loyalty: Amperity

Amperity Co-CEO Derek Slager explains how retailers can turn AI-driven product discovery into repeat purchases through customer data, personalization and stronger brand relationships.

Retail Insider “Q3 2026 Health & Beauty Report”: Growth Depends on the Return Visit

Pharmacy services, beauty distribution and wellness formats are expanding in Canada. The Q3 report examines why repeat purchasing, service use and credible value matter beyond the initial launch.

Alberta Small Businesses Face Rising Costs as 40% Report Weaker Performance: Merchant Growth

Merchant Growth's 2026 report finds Alberta small businesses struggling with inflation, trade-related costs and cash flow, with 14% planning to close.

NatureWell Launches in Canada at Shoppers Drug Mart, Expanding to 1,000 Stores Nationwide

U.S. beauty brand NatureWell enters Canada through an exclusive Shoppers Drug Mart partnership, bringing fragrance, body, hair and lip care products to 1,000 locations.

Advent Calendar Demand Surges 63% as Independent Retailers Expand Holiday Offerings: Faire

Faire data shows Advent calendar wholesale orders up 63% year over year, with toy, squishy, Halloween, tea and snack calendars driving demand among independent retailers.

Cadillac Fairview Sells Stakes in Two Major Malls to KingSett Amid Portfolio Shift

Cadillac Fairview has sold 50% interests in CF Markville and CF Fairview Pointe Claire to KingSett Capital, expanding a three-mall partnership as the company diversifies its real estate portfolio. The transactions come amid documented financial pressures, Hudson's Bay redevelopment requirements and KingSett's proposed acquisition of First Capital REIT assets.

Retailers expand physical security strategies beyond loss prevention: Genetec

A Genetec report finds retailers are using physical security data to improve operational efficiency, employee safety and customer experiences while modernizing aging systems.