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Toys '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…
·New York, United States
Read Full ArticleToys “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.
·Canada
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Total News Sources24
Leaning Left8Leaning Right3Center6Last UpdatedBias Distribution47% Left
Bias Distribution
- 47% of the sources lean Left
47% Left
L 47%
C 35%
R 18%
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