Industry, Dept. of Proposed (Part I)

Regulations Amending the Companies’ Creditors Arrangement Regulations (Public Post-Secondary Educational Institutions)

Made under the Companies’ Creditors Arrangement Act

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The rule, in full

1,769 words as published, November 14, 2026. View the original →

Canada Gazette, Part I, Volume 160, Number 46: Regulations Amending the Companies’ Creditors Arrangement Regulations (Public Post-Secondary Educational Institutions) November 14, 2026 Statutory authority Companies’ Creditors Arrangement Act Sponsoring department Department of Industry REGULATORY IMPACT ANALYSIS STATEMENT For the Regulatory Impact Analysis Statement, see the Rules Amending the Bankruptcy and Insolvency General Rules (Public Post-Secondary Educational Institutions). PROPOSED REGULATORY TEXT Notice is given that the Governor in Council proposes to make the annexed Regulations Amending the Companies’ Creditors Arrangement Regulations (Public Post-Secondary Educational Institutions) under paragraph 62(b) of the Companies’ Creditors Arrangement Act footnote a. Interested persons may make representations concerning the proposed Regulations within 30 days after the date of publication of this notice. They are strongly encouraged to use the online commenting feature that is available on the Canada Gazette website. However, if they use email, mail or any other means, the representations should cite the Canada Gazette, Part I, and the date of publication of this notice, and be sent to Strategic Policy Sector, Innovation, Science and Economic Development Canada, 235 Queen Street, Ottawa, Ontario K1A 0H5 (email: mfpbconsultations-consultationsdgpcm@ised-isde.gc.ca). Please note that as part of the prepublication process, all representations, including attachments, will be published on the Canada Gazette website, subject to its terms of use relating to the provision of comments. Ottawa, November 6, 2026 Max Kaplan Acting Assistant Clerk of the Privy Council Regulations Amending the Companies’ Creditors Arrangement Regulations (Public Post-Secondary Educational Institutions) Amendments 1 The Companies’ Creditors Arrangement Regulations footnote 1 are amended by adding the following after section 1: Incorporation by reference 1.1 Any reference in Schedule 1 to a provincial Act is a reference to that provincial Act as amended from time to time. 2 The Regulations are amended by adding the following after section 2: Public post-secondary educational institutions 2.1 The institutions listed in Schedule 1 are prescribed as public post-secondary educational institutions for the purposes of the definition company in subsection 2(1) of the Act. 3 The schedule to the Regulations is numbered as Schedule 2. 4 The Regulations are amended by adding, before Schedule 2, the Schedule 1 set out in the schedule to these Regulations. 5 The Regulations are amended by replacing “the schedule” with “Schedule 2” in the following provisions: (a) paragraphs 9(a), (c) and (d); (b) subsection 11(1); and (c) section 13. Coming into Force 6 These Regulations come into force on the day on which they are registered. SCHEDULE (Section 4) SCHEDULE 1 (Sections 1.1 and 2.1) Public Post-Secondary Educational Institutions Ontario 1 a publicly-assisted university as defined in section 1 of the Ministry of Training, Colleges and Universities Act, R.S.O. 1990, c. M.19 2 any colleges of applied arts and technology established under subsection 2(1) of the Ontario Colleges of Applied Arts and Technology Act, 2002, S.O. 2002, c. 8, Sched. F Quebec 3 any colleges established under section 2 of the General and Vocational Colleges Act, CQLR, c. C-29 4 any regional colleges established under section 31 of the General and Vocational Colleges Act, CQLR, c. C-29 5 any educational institutions at the university level referred to in paragraphs 1(1) to (10) of the Act respecting educational institutions at the university level, CQLR, c. E-14.1 Nova Scotia 6 Nova Scotia Community College, established under section 51 of the Community Colleges Act, SNS 1995-96, c. 4 7 any educational institution referred to in paragraph 2(1)(f) of the Universities Accountability and Sustainability Act, SNS 2015, c. 11 New Brunswick 8 St. Thomas University, established under section 1 of An Act to Incorporate Saint Thomas’ College, SNB 1934, c. 45 9 Maritime College of Forest Technology, constituted under section 3 of the Maritime College of Forest Technology Act, SNB 1978, c. 68 10 University of New Brunswick, continued under section 2 of the University of New Brunswick Act, SNB 1984, c. 40 11 Université de Moncton, continued under subsection 2(1) of the Université de Moncton Act, SNB 1986, c. 94 12 Mount Allison University, continued under subsection 2(1) of the Mount Allison University Act, 1993, SNB 1993, c. 78 13 corporations established under subsection 3(1) of the New Brunswick Community Colleges Act, SNB 2010, c. N-4.05 14 an institution as defined in section 1 of the Adult Education and Training Act, RSNB 2011, c. 101 Manitoba 15 a college as defined in section 1 of The Advanced Education Administration Act, C.C.S.M. c. A6.3 16 universities within the meaning of paragraphs (a) to (f) of the definition university in section 1 of The Advanced Education Administration Act, C.C.S.M. c. A6.3 17 Manitoba Institute of Trades and Technology, continued under subsection 2(1) of The Manitoba Institute of Trades and Technology Act, C.C.S.M. c. T130 British Columbia 18 an institution as defined in section 1 of the College and Institute Act, RSBC 1996, c. 52 19 Royal Roads University, continued under subsection 3(1) of the Royal Roads University Act, RSBC 1996, c. 409 20 universities referred to in the definition university in section 1 of the University Act, RSBC 1996, c. 468 21 Thompson Rivers University, continued under subsection 2(1) of the Thompson Rivers University Act, SBC 2005, c. 17 Prince Edward Island 22 Holland College, established under subsection 2(1) of the Holland College Act, R.S.P.E.I. 1988, c. H-6 23 University of Prince Edward Island, established under subsection 2(1) of the University Act, R.S.P.E.I. 1988, c. U-4 Saskatchewan 24 University of Regina, continued under subsection 3(1) of The University of Regina Act, RSS 1978, c. U-5 25 University of Saskatchewan, continued under section 3 of The University of Saskatchewan Act, 1995, SS 1995, c. U-6.1 26 regional colleges established under paragraph 3(1)(a) or subsection 32(2) of The Regional Colleges Act, SS 1986-87-88, c. R-8.1, or community colleges continued as regional colleges under subsection 31(1) of that Act 27 Saskatchewan Polytechnic, continued under subsection 3(1) of The Saskatchewan Polytechnic Act, SS 2014, c. S-32.21 Alberta 28 a public post-secondary institution as defined in paragraph 1(p) of the Post-secondary Learning Act, SA 2003, c. P-19.5 Newfoundland and Labrador 29 Memorial University of Newfoundland, continued under subsection 3(1) of the Memorial University Act, RSNL 1990 c. M-7 30 College of Newfoundland and Labrador, established under section 3 of the College Act, 1996, SNL 1996 c. C-22.1 Yukon 31 Yukon University, continued under section 2 of the Yukon University Act, SY 2019, c. 15 Northwest Territories 32 Aurora College, continued under section 2 of the Aurora College Act, RSNWT 1988, c. A-7 Nunavut 33 Nunavut Arctic College, continued under section 2 of the Nunavut Arctic College Act, C.S.Nu., c. N-30 Terms of use and Privacy notice Terms of use It is your responsibility to ensure that the comments you provide do not: contain personal information contain protected or classified information of the Government of Canada express or incite discrimination on the basis of race, sex, religion, sexual orientation or against any other group protected under the Canadian Human Rights Act or the Canadian Charter of Rights and Freedoms contain hateful, defamatory, or obscene language contain threatening, violent, intimidating or harassing language contain language contrary to any federal, provincial or territorial laws of Canada constitute impersonation, advertising or spam encourage or incite any criminal activity contain external links contain a language other than English or French otherwise violate this notice The federal institution managing the proposed regulatory change retains the right to review and remove personal information, hate speech, or other information deemed inappropriate for public posting as listed above. Confidential Business Information should only be posted in the specific Confidential Business Information text box. In general, Confidential Business Information includes information that (i) is not publicly available, (ii) is treated in a confidential manner by the person to whose business the information relates, and (iii) has actual or potential economic value to the person or their competitors because it is not publicly available and whose disclosure would result in financial loss to the person or a material gain to their competitors. Comments that you provide in the Confidential Business Information section that satisfy this description will not be made publicly available. The federal institution managing the proposed regulatory change retains the right to post the comment publicly if it is not deemed to be Confidential Business Information. Your comments will be posted on the Canada Gazette website for public review. However, you have the right to submit your comments anonymously. If you choose to remain anonymous, your comments will be made public and attributed to an anonymous individual. No other information about you will be made publicly available. Comments will remain posted on the Canada Gazette website for at least 10 years. Please note that communication by email is not secure, if the attachment you wish to send contains sensitive information, please contact the departmental email to discuss ways in which you can transmit sensitive information. Privacy notice The information you provide is collected under the authority of the Financial Administration Act, the Department of Public Works and Government Services Act, the Canada–United States–Mexico Agreement Implementation Act,and applicable regulators’ enabling statutes for the purpose of collecting comments related to the proposed regulatory changes. Your comments and documents are collected for the purpose of increasing transparency in the regulatory process and making Government more accessible to Canadians. Personal information submitted is collected, used, disclosed, retained, and protected from unauthorized persons and/or agencies pursuant to the provisions of the Privacy Act and the Privacy Regulations. Individual names that are submitted will not be posted online but will be kept for contact if needed. The names of organizations that submit comments will be posted online. Submitted information, including personal information, will be accessible to Public Services and Procurement Canada, who is responsible for the Canada Gazette webpage, and the federal institution managing the proposed regulatory change. You have the right of access to and correction of your personal information. To seek access or correction of your personal information, contact the Access to Information and Privacy (ATIP) Office of the federal institution managing the proposed regulatory change. You have the right to file a complaint to the Privacy Commission of Canada regarding any federal institution’s handling of your personal information. The personal information provided is included in Personal Information Bank PSU 938 Outreach Activities. Individuals requesting access to their personal information under the Privacy Act should submit their request to the appropriate regulator with sufficient information for that federal institution to retrieve their personal information. For individuals who choose to submit comments anonymously, requests for their information may not be reasonably retrievable by the government institution. Footnotes Footnote a R.S., c. C-36 Return to footnote a referrer Footnote 1 SOR/2009-219 Return to footnote 1 referrer

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