Goodfood Market Corp., a TSX-listed Canadian online meal solutions company, announced on August 5, 2026 that the Superior Court of Quebec, Commercial Division, granted an initial order under the Companies’ Creditors Arrangement Act. The order gives Goodfood Market Corp. court-supervised creditor protection while it continues operating, serving customers and implementing its turnaround plan. The court appointed Raymond Chabot Inc. as monitor in the CCAA proceedings, with the monitor responsible for independent oversight and assistance to the court and stakeholders. Raymond Chabot Inc. indicated that it intended to recommend, at the comeback hearing, approval of a sale and investment solicitation process that would allow interested parties to submit proposals for a sale of, or investment in, Goodfood Market Corp. or its business. No transaction had been selected or approved at the announcement stage. Donald Olds, lead independent director, said the initial order provided stability and flexibility for the company to continue its turnaround and financial restructuring. The company reported approximately 230 employees across Canada, with operations in Montréal, Calgary and Mississauga, and said it did not expect job losses directly from the CCAA proceedings. Trading in the company’s securities on the Toronto Stock Exchange was halted, and the TSX indicated that the company would be placed under expedited delisting review.