Toys "R" Us Canada gets court approval to sell parts of business to three firms

Shoppers pass a Toys 'R' Us store in Vaughan, Ont., on Wednesday, Feb. 4, 2026. THE CANADIAN PRESS/Sammy Kogan

 SAK

TORONTO - An Ontario court is giving Toys "R" Us Canada permission to split up and sell the business to three buyers, including its current owner who wants to keep running the chain or rebrand it.

Judge Jane Dietrich says she will sign paperwork today approving the trio of deals that will help the beleaguered retailer pay off some of the millions in debt it accumulated in the run up to filing for creditor protection in February. 

The ºÃÉ«tv Press