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Headlines
Tuesday, May 5 2026
Burgundy Diamond Mines Subsidiary Seeks Insolvency Protection
Burgundy Diamond Mines Limited today announced that its subsidiary, Arctic Canadian Diamond Company Ltd. (ACDC), has filed for insolvency protection under the Companies’ Creditors Arrangement Act (CCAA), FinNewsNetwork.com…
Tuesday, May 5 2026
NCLAT Sets Aside NCLT Insolvency Order Against Embassy Developments
Realty developer Embassy Developments has secured relief from insolvency proceedings after the National Company Law Appellate Tribunal (NCLAT) set aside an earlier order admitting the company to the corporate insolvency…
Tuesday, May 5 2026
Canadian Judge Approves Bid for New Owner to Take over Stephenville Airport
A judge has given the green light to the sale of the airport in Stephenville, CBC.ca reported. That decision ends the tumultuous ownership of Ottawa businessman Carl Dymond, who made big promises that never took off. On Thursday…
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