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Toys 'R' Us Canada facing another lawsuit from landlord claiming it's owed rent

RioCan Holdings is suing Toys "R" Us Canada for $4 million in unpaid rent following lease termination after missed January payment at Lawrence Allen Centre.

  • 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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La Presse broke the news in Montreal, Canada on Monday, February 2, 2026.
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