Toys ‘R’ Us Canada owes Vaughan toy supplier $166K after filing for creditor protection

ctvnews.ca

A Vaughan, Ont., toy supplier says it is owed more than $166,000 by Toys “R” Us Canada and fears it will never be paid after the retailer entered creditor protection. KidsVIP supplied 680 ride-on toys and says Toys “R” Us acknowledged payment issues before going silent in mid-November. The retailer filed for creditor protection on Feb. 3, 2026; a monitor now manages its assets and sale process. Unsecured creditors are owed roughly $159.2 million collectively, while secured creditors hold over $91 million. Experts say little may remain for unsecured creditors like KidsVIP after priority claims.


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Toys ‘R’ Us Canada owes Vaughan toy supplier $166K after filing for creditor protection | News Minimalist