NOI proceedings

On April 8, 2025, Ecoation Innovative Solutions Inc. (“Ecoation" or the "Company") filed a Notice of Intention to Make a Proposal ("NOI") under subsection 50.4(1) of the Bankruptcy and Insolvency Act (the "BIA"). KPMG Inc. ("KPMG") consented to act as trustee under the proposal.

The principal purpose of the NOI Proceedings is to create a stabilized environment to provide the Company with the opportunity to carry out a stalking horse sale process for its business and assets, or to restructure its business, so that the Company can present a viable proposal to its creditors.

Contact information

ecoation@kpmg.ca
Phone: 416-777-8146

Proposal

On September 29, 2025, Ecoation filed a Proposal (the “Proposal”) pursuant to subsection 62(1) of the BIA. KPMG continued to act as trustee under the Company’s Proposal.

The meeting of creditors was held on October 17, 2025, at 10:00 a.m. PST via the Microsoft Teams platform. The Proposal was accepted by the required majority of creditors as identified in the Proposal.

Certificate of filing

Proposal

Proposal – 2025-09-29 [PDF 422 KB]

Notice to Creditors

Proposal Trustee's report

Proof of claim

Connect with us