On June 29, 2026, the MTE Group initiated court-supervised restructuring proceedings under the Companies’ Creditors Arrangement Act (CCAA) in the Court of King’s Bench of Alberta. The court granted initial orders appointing KPMG Inc. as the monitor responsible for overseeing the process.

The MTE Group comprises several affiliated companies, including MLG GP Ltd., Active Warehousing Inc., Hydrive Forklift & Equipment Inc., MTE Logistix Calgary Inc., MTE Logistix Edmonton Inc., MTE Logistix Management Inc., and Porter Warehousing & Distribution Inc. Collectively, these entities operate in the logistics and warehousing sectors across Alberta.

The restructuring is aimed at facilitating a plan of compromise or arrangement to address MTE Group’s financial challenges. The company has sought protection under the CCAA to allow it to restructure its operations and obligations while continuing its business activities.

KPMG Inc., serving as court-appointed monitor, is tasked with overseeing the proceedings, providing updates to stakeholders, and ensuring compliance with the court’s directives. Relevant court documents, including the initial order and application materials submitted by MTE Group, are available on KPMG’s dedicated website for the case.

Interested parties can contact the monitor directly for more information through KPMG’s offices in Toronto. The restructuring process is expected to unfold under court supervision, with periodic disclosures as the MTE Group works toward a financial reorganization.