Toys "R" Us Canada is set to stop accepting gift cards after Monday, leaving many customers with an urgent question: What are my options? The beloved toy store chain, which has been struggling to stay afloat, has announced a controversial decision that could impact thousands of gift card holders. But here's where it gets controversial... The retailer, which has filed for creditor protection, has more than $36 million in outstanding gift card obligations. This means that after Monday, customers will no longer be able to use their gift cards, and the clock is ticking. And this is the part most people miss... The company has been granted a 14-day period to stop accepting the cards, and while some may see this as a temporary setback, it could have long-lasting effects on customers. The judge has also given the retailer permission to liquidate more of its remaining 22 stores if lease negotiations with landlords fail, which could further impact customers' ability to use their gift cards. This report by The Canadian Press was first published on February 16, 2026, and it's a stark reminder of the challenges facing the retail industry. So, what can customers do? Tara Deschamps, the reporter behind this story, encourages readers to act quickly and explore their options. Will you be affected by this decision? Share your thoughts and experiences in the comments below, and let's discuss the impact of this controversial move on Toys "R" Us Canada.
