US EditionToys 'R' Us Canada facing another lawsuit from landlord claiming it's owed rent
RioCan Holdings Inc. seeks $4 million in unpaid rent from Toys "R" Us Canada at Lawrence Allen Centre amid the retailer’s broader financial struggles and creditor protection filing.
- On Feb. 2, 2026, RioCan Holdings Inc. filed a court claim seeking about $4 million in unpaid rent from Toys 'R' Us Canada for space at the Lawrence Allen Centre, Toronto.
- RioCan says it terminated the lease on Jan. 20 after Toys 'R' Us Canada missed a roughly $43,000 payment and invoked a lease clause allowing three months' rent and interest.
- The lease covered 15,580 square feet and was due to expire Oct. 31, 2035, the Lawrence Allen Centre website no longer lists the retailer, and assets listed for $1 and equipment auctioned signal distress.
- Toys 'R' Us Canada spokesperson Allyson Banks said Monday, 'I do not have information to share on this topic.', and lawyers and spokespeople for RioCan did not immediately respond; claims not tested in court.
- The dispute joins seven other landlord suits that amount to about $31.3 million, and Toys 'R' Us Canada now lists 40 stores, down from 81 at its 2018 purchase.
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Toys ‘R’ US Canada Files for Creditor Protection, Owes Vendors $120M
After closing 53 stores in the past two years and now facing a succession of lawsuits from unpaid suppliers and landlords, Toys “R” Us Canada has turned to an Ontario court for reprieve as it tries to chart a new future. The toy retailer announced Tuesday that it has filed for creditor protection while it embarks on a restructuring that could see its footprint further diminished or the whole business sold to new owners. Creditor protection tempo…
Toys “R” Us Canada files for creditor protection, owes vendors $120M
After closing 53 stores in the past two years and now facing a succession of lawsuits from unpaid suppliers and landlords, Toys “R” Us Canada has turned to an Ontario court for reprieve as it tries to chart a new future.
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