On August 24, 2022, pursuant to an Order of the Ontario Superior Court of Justice, PACE Savings & Credit Union Limited (“PCU”) was ordered to be wound up pursuant to section 240 of the Credit Unions and Caisses Populaires Act, 2020 and KPMG Inc. was appointed as liquidator of all of the remaining assets, undertakings and properties of PCU.
Contact information
Email: pacecu@kpmg.ca
Phone: 1-833 812 1699
Court orders
Liquidation Order (August 24, 2022) [PDF 235 KB]
Endorsement of Justice Conway (August 24, 2022) [PDF 276 KB]
BC Recognition Order (September 9, 2022) [PDF 2.76 MB]
Settlement Approvement Order (February 8, 2023) [PDF 84 KB]
Endorsement of Justice Steele (February 8, 2023) [PDF 247 KB]
Motion materials
Application Record returnable August 22, 2022 [PDF 8.5 MB]
Factum of the Applicant returnable August 22, 2022 [PDF 8.7 MB]
Motion Record returnable February 8, 2023 Part 1 [PDF 1.1 MB]
Motion Record returnable February 8, 2023 Part 2 [PDF 2.9 MB]
Motion Record returnable February 8, 2023 Part 3 [PDF 5.7 MB]
Motion Record returnable February 8, 2023 Part 4 [PDF 9.8 MB]
Liquidator’s reports
Service list
Service List dated January 27, 2023 [PDF 115 KB]
Member communications
Letter to PACE Members dated August 25, 2022 [PDF 215 KB]
Frequently Asked Questions for PACE Members [PDF 160 KB]
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