Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
July 18, 2025
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
July 18, 2025Court filings indicate losses could top $580 million
Receiver reports that funds' former auditor retracted two years of audit reports
PwC says KPMG stepped down as funds' auditor earlier this month
The firm has five "primary" bidders, with six others targeting certain loans
The court appointed the firm based on an independent recommendation
Court gives nod to receiver's plan to find counsel for investors
Receiver to seek extension for advisory committees, approval for process to find investor counsel
Judge asks PwC to provide input on counsel for investors
PwC will hold a two-stage sale for the fund manager and its assets
The receiver plans to file materials next week seeking court approval for a sale process
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The cease-trade order on all 11 ETFs from Emerge Canada Inc. represented the first time such an order had been placed on a family of…