Closures › Toys "R" Us Canada

Toys "R" Us Canada

Business split among 3 buyers; CCAA ended Aug. 13, 2026 · Facts as of Oct 17, 2026

Toys "R" Us Canada entered CCAA on Feb. 3, 2026 with 22 stores and held liquidation sales at some of them. In June 2026 a court approved splitting the business among three buyers.

Gift cards, returns & deposits

Gift cards

No longer accepted

The initial order let the company honour pre-filing gift cards until Feb. 16, 2026. About $36.1M in cards was outstanding at filing. The monitor projected no recovery for unsecured claims.

Source

Returns & exchanges

Being honoured

At filing, the company said it intended to honour its existing return policy for items bought before the CCAA filing. Current terms at stores still operating aren't verified.

Source

Deposits & pending orders

Not yet verified

We haven't found an official source for this yet. Check the court monitor's website.

Key facts

Banners
Toys "R" Us, Babies "R" Us
Company
Toys "R" Us (Canada) Ltd.
Category
Toys & baby
Proceeding
CCAA
Filed / initial order
Feb 3, 2026
Stores affected
Not yet verified
22 stores at filing; down to 15 by June 2026. Current owner Doug Putman's company is buying 10 leases.
Sale dates
Not yet verified
Provinces
Ontario, Manitoba, Saskatchewan, Newfoundland and Labrador, Alberta, Quebec
Cities / locations
Ottawa, St. John's, Vaudreuil-Dorion, Boisbriand, Vaughan
Closures named in court filings and news: St. Laurent Centre (Ottawa), Woodgate Plaza (St. John's), Pen Centre (Niagara region), Vaudreuil-Dorion, Boisbriand. The Vaughan Mills lease was sold to Fox Group Jumbo Canada.

Court case & monitor

Court
Ontario Superior Court of Justice (Commercial List)
Court file no.
CL-26-00000042-0000
Court officer
Alvarez & Marsal Canada Inc.
Official case website
https://www.alvarezandmarsal.com/TRUCanada

The monitor's website has the official court orders, notices and claim forms. If you're owed money (for example a gift card balance or deposit), start there.

Timeline

Feb 3, 2026CCAA initial order; A&M appointed monitor. source
Mar 27, 2026More closures disclosed (Ottawa St. Laurent, St. John's Woodgate Plaza); liquidation sales approved at some stores. source
Jun 22, 2026Court approves sale of brand (Ad Populum), 10 leases plus inventory (Putman company) and the Vaughan Mills lease (Fox Group Jumbo Canada). source
Aug 13, 2026Court ends the CCAA and authorizes a bankruptcy. source

Sources

  1. Toys "R" Us Canada commences CCAA proceedings amid acute liquidity crisis, Insolvency Insider, published Feb 8, 2026. Accessed Oct 17, 2026.
  2. Toys 'R' Us Canada closing more stores, will ask permission to sell business, BNN Bloomberg / Canadian Press, published Mar 27, 2026. Accessed Oct 17, 2026.
  3. Toys 'R' Us Canada gets court approval to split business among 3 buyers, CBC News / Canadian Press, published Jun 22, 2026. Accessed Oct 17, 2026.
  4. Toys "R" Us (Canada) Ltd. — CCAA case record, Proceedings.. Accessed Oct 17, 2026.
  5. CCAA Records — Toys "R" Us (Canada) Ltd., Office of the Superintendent of Bankruptcy. Accessed Oct 17, 2026.
  6. What happens to gift cards when a company goes out of business in Canada, Proceedings., published Oct 10, 2026. Accessed Oct 17, 2026.

Spot an error or have an update? Corrections are checked against the source documents. This page is not legal advice.

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