Toys 'R' Us Canada files for creditor protection over $120M–$500M in debts.

Toys 'R' Us Canada has filed for creditor protection, citing debts ranging from $120 million to nearly $500 million, with reports indicating it owes vendors at least $120 million. The move comes amid financial struggles, though exact figures vary across sources. The company’s restructuring efforts aim to address its mounting liabilities.