Les Productions Horticoles Demers Inc., Les Serres Demers Inc., Les Serres Olivier Inc., Immeubles PHD S.E.C. & 9718656 Canada Inc.

Notice of Intention to Make a Proposal

^{Page last updated: January 14, 2026}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of January 13, 2026

On January 13, 2026, further a motion filed by the debtors, the Superior Court issued an Order approving, among other things, an interim financing and the implementation of a sale and investment solicitation process.

We refer you to the “Court Motions and Orders” section for more details.

Status of file as of January 12, 2026

Les Serres Olivier Inc., Immeubles PHD S.E.C. and 9718656 Canada Inc. (the "Debtors") each have filed with the Official Receiver a “Notice of Intention to Make a Proposal” pursuant to Subsection 50.4(1) of the Bankruptcy and Insolvency Act on January 12, 2026.

Pursuant to Section 69 of the Bankruptcy and Insolvency Act, all proceedings against the Debtors are stayed as of the date of filing the Notice of Intention to Make a Proposal with the Official Receiver.

Status of file as of January 8, 2026

Les Productions Horticoles Demers Inc. et Les Serres Demers Inc. (the "Debtors") each have filed with the Official Receiver a “Notice of Intention to Make a Proposal” pursuant to Subsection 50.4(1) of the Bankruptcy and Insolvency Act on January 8, 2026.

Pursuant to Section 69 of the Bankruptcy and Insolvency Act, all proceedings against the Debtors are stayed as of the date of filing the Notice of Intention to Make a Proposal with the Official Receiver.