Proceedings.

1000088317 Ontario Inc.

Follow
Closed
Proceeding
Receivership (court-appointed)s. 101 of the Courts of Justice Act, R.S.O. 1990, c.C-43 and s. 243 (1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c.B-3, ss. 67(1)(a) and (e) of the Personal Property Security Act, R.S.O. 1990, c. P.10 and Rules 3 and 14.05(2), (3) (g) and (h) of the Rules of Civil Procedure
Court
Ontario Superior Court of Justice · Commercial List
File
CV-24-00719692-00CL
Filings held11
Last activity11 Jun 2025
On the record868 days
Secured debtSubscribers
OverviewSummary updated

1000088317 Ontario Inc. is the debtor in a court-appointed receivership proceeding before the Ontario Superior Court of Justice, court file CV-24-00719692-00CL. The relief was sought under section 101 of the Courts of Justice Act and section 243(1) of the Bankruptcy and Insolvency Act, together with sections 67(1)(a) and (e) of the Ontario Personal Property Security Act and Rules 3 and 14.05(2), (3)(g) and (h) of the Rules of Civil Procedure. The file is recorded as closed. No dated milestones form part of the record for this proceeding.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates11 dated entries

8 earlier updates, back to 6 May 2024 subscribers.

Parties

Debtor

1000088317 Ontario Inc.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal (BMO) · in 279 casesas of BMO's interim receivership application (April 2024) — Second-ranking charge on the Real Property in principal amount of $17,800,000.00 (subordinate to BDC's Mortgage); first-ranking security on personal property of True North Freight Solutions Inc. and North Shore Logistics Inc. (Debtor holds subordinate second-ranking interest); second-ranking (subordinate) interest in Debtor's personal property behind BDC; PPSA registration dated Feb 13, 2023; priorities set by Priority Agreement dated Feb 23, 2023 among BDC, BMO, Debtor, True North and North Shore — Amount is a stated floor ('owed in $20MApplication Record dated

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

7 more claims across lower-ranking classes

Subscribe

Already a subscriber? Sign in.

RecoveriesAs stated in the filings

Business Development Bank of Canada: a distribution.Motion Record · 29 May 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredBusiness Development Bank of Canadaa distributionper the receiverMotion Record · 29 May 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

2 stated figures across 1 outcome, each sourced

Subscribe

Already a subscriber? Sign in.

Fees and ratesAs stated in the filings

2 engagements · 1 firmlatest: MNP Ltd., to 27 May 2025Motion Record · 11 Jun 2025

FirmPeriodHoursFeesRatesSource
MNP Ltd.Receiverperiod 2 of 2to 27 May 2025••••••courtesy discount•••6 peopleMotion Record · 11 Jun 2025
MNP Ltd.Receiverperiod 1 of 216 Dec 2024 – 28 Feb 2025••••••courtesy discount•••8 peopleMotion Record · 11 Jun 2025

60 stated figures across 2 engagements, each sourced

Subscribe

Already a subscriber? Sign in.

Documents
11 filings
DateDocumentFile
Discharge OrderPDF · Subscribers
Endorsement of Justice Kimmel
  • Presiding officer Justice Kimmel
PDF · Subscribers
Motion Record; returnable on June 11, 2025
  • Recovery outcome Entries: per unstated · Stated on: 2025-05-29 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Approval and Vesting Order of Honorable Justice Cavanagh dated
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Endorsement of Honorable Justice Cavanagh dated
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Motion Record; returnable on January 8, 2025
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00719692-00CL
PDF · Subscribers
Service ListPDF · Subscribers
Appointing Order datedPDF · Subscribers
Endorsement of Justice Kimmel dated
  • Presiding officer Justice Kimmel
PDF · Subscribers
Application Record dated
  • Commencement date 6 May 2024
  • Court SUPERIOR COURT OF JUSTICE COMMERCIAL LIST
  • Proceeding type receivership_court
  • Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Factum of the Applicant datedPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1000088317 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/1000088317-ontario-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/1000088317-ontario-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.

1000088317 Ontario Inc. — Receivership | Proceedings.