CP NewsAlert: Just for Laughs cancels comedy festival, seeks creditor protection

By The Canadian Press on March 5, 2024.

Actor Jay Baruchel poses as he arrives for the Just for Laughs awards show at the annual comedy festival in Montreal, Friday, July 28, 2017. The company that operates the Just for Laughs comedy festival says this year's edition will not place. Groupe Juste pour rire inc. says it is seeking protection from its creditors as it begins formal restructuring. THE CANADIAN PRESS/Graham Hughes

MONTREAL – The company that operates the Just for Laughs comedy festival in Montreal has cancelled this year’s edition as it tries to avoid bankruptcy.

Groupe Juste pour rire inc. says it is seeking protection from its creditors as it begins formal restructuring under Canada’s Bankruptcy and Insolvency Act.

More coming.

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