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The Bridging Finance case

Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.

March 31, 2022

OSC alleges fraud at Bridging

Regulator charges that executives allegedly diverted funds to themselves, their firm

  • March 31, 2022 March 31, 2022
  • 17:21

Court green-lights Bridging Finance liquidation

PwC was given the go-ahead to reject outside bids and proceed with the wind-down

  • March 29, 2022 March 29, 2022
  • 12:56

Court delays ruling on Bridging’s fate

Amid last minute "chaos," liquidation hearing pushed to March

  • February 25, 2022 March 29, 2022
  • 13:52

Bridging Finance investors face more than $1 billion in losses

PwC seeks court approval to abandon the firm's sale and continue liquidation

  • February 22, 2022 March 29, 2022
  • 15:25

Investors weighing pair of bids for Bridging

PwC to make recommendation to court by mid-February

  • February 1, 2022 February 1, 2022
  • 13:17

Court approves requests in Bridging case

Deadline for sale process extended to Feb. 28

  • December 23, 2021 December 23, 2021
  • 09:32

Investors face huge losses in Bridging Finance case

Court filings indicate losses could top $580 million

  • December 16, 2021 December 23, 2021
  • 17:56

BFI fund audits withdrawn

Receiver reports that funds' former auditor retracted two years of audit reports

  • November 25, 2021 December 23, 2021
  • 16:49

BFI funds’ auditor resigns

PwC says KPMG stepped down as funds' auditor earlier this month

  • October 28, 2021 December 23, 2021
  • 17:33

Prospective suitors emerge for Bridging Finance

The firm has five "primary" bidders, with six others targeting certain loans

  • October 12, 2021 December 23, 2021
  • 17:25