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Upper Canada Growers Ltd declares bankruptcy

Big ambitions have collapsed as Upper Canada Growers Ltd. and UCG Land Inc. filed for bankruptcy on May 15, 2025.  BDO Canada was appointed receiver by order of the Ontario Superior Court of Justice. All employees were terminated on May 22.  

The Bank of Nova Scotia, the secured creditor, is owed $24.9 million as well as $2.1 million in debtor-in-possession financing. 

The family-owned enterprise helmed by Robert Haynes, president, was also home to a state-of-the-art tissue lab at Harrow, Ontario. It produced high-quality tissue culture fruit trees, rootstocks and scions with a capacity for three million clean plants per year.

According to the website, “We are fully equipped for commercial micropropagation of apples, grapevines, plums, and peaches and are constantly expanding our research and production on new initiated varieties. The stock of selected cultivars is initiated and established using micropropagation technologies, followed by mass multiplication of the stock cultures and initiation of a dense rooting system.” 

 

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