Lakeside Produce Inc., a major commercial greenhouse operator in Leamington, Ontario, filed for bankruptcy on January 17, 2023. The company, which employed hundreds, listed total liabilities of approximately $188 million. This included around $166 million owed on a secured basis to a syndicate consisting of BMO and Farm Credit Canada. The company faced significant challenges due to inflationary pressures and rising costs within the sector. EY was appointed as the bankruptcy trustee. Legal counsel for Lakeside Produce was provided by Stikeman Elliott, while Dentons represented the BMO and Farm Credit Canada syndicate.