SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 8-K/A

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): March 4, 2009


                               BWI Holdings, Inc.
               (Exact Name of Registrant as Specified in Charter)

          Nevada                       333-145471                   N/A
(State or Other Jurisdiction          (Commission               IRS Employer
      of Incorporation)               File Number)           Identification No.)

3915 - 61st Ave. S.E., Calgary, Alberta Canada                    T2C 1V5
  (Address of Principal Executive Offices)                       (Zip Code)

       Registrant's Telephone number, including area code: (403) 255-2900

          (Former Name or Former Address, if Changed Since Last Report)

[ ] Written communications  pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
    CFR 240.14a-12)

[ ] Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
    Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.06 MATERIAL IMPAIRMENTS.

     On March 4, 2009, the Issuer's wholly owned subsidiary, Budget Waste, Inc.,
an Alberta  company,  filed in the Court of Queen's  Bench of Alberta,  Judicial
District of Calgary, in the matter of the Companies' Creditors  Arrangement Act,
R.S.C. 1985, c. C-36, as amended (the "CCAA").

     The Court ordered that Budget Waste, Inc. shall have exclusive authority to
prepare and file,  and is authorized  and permitted to file,  with the Court and
submit to creditors  one or more plans of compromise  or  arrangement  under the
CCAA.  The Court  ordered  that until,  and  including  April 3, 2009,  no suit,
complaint, action, grievance, arbitration,  application, proceeding, enforcement
process, right or remedy shall be commenced,  proceeded with or continued by any
person,  firm,  corporation,  government,  administrative  or regulatory body or
other  entity  or  organization  (including,  without  limitation,  any  former,
existing  or  future  or  related  shareholders),  creditors  (whether  related,
affiliated or otherwise),  customers, suppliers, employees,  pensioners, unions,
regulators, contracting parties, lessors, licensors, co-venturers or partners of
any of the Debtor  against or in respect of Budget Waste,  Inc. Any  proceedings
already  commenced  against or in respect of Budget  Waste,  Inc.  or any of its
properties are hereby stayed and suspended until leave of the Court is granted.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: March 16, 2009                        BWI Holdings, Inc.


                                            By: /s/ Jim Can
                                               ---------------------------------
                                               Jim Can
                                               Chief Executive Officer