#Order
A receivership order was granted, on the application of BUSINESS DEVELOPMENT BANK OF CANADA. Court file CL-26-00000025-0000.
Source: Order of the Honourable Justice J. Dietrich dated July 16, 2026
1000144453 Ontario Limited
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CL-26-00000025-0000
- Industry
- Health care · Pharmacies
OverviewSummary updated
1000144453 Ontario Limited is the subject of a bankruptcy application in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced by Notice of Application issued January 22, 2026, under court file CL-26-00000025-0000. The record identifies Business Development Bank of Canada as secured creditor, owed $2,002,643.43 as of October 27, 2025, with interest accruing at $327.77 per day, secured by general security agreements dated December 14, 2022, over the borrower and guarantors Ann & Amm Group Ltd., 2496017 Ontario Inc. and 2663840 Ontario Inc., and by a first mortgage registered December 19, 2022, in the registered amount of $2,550,000 on 303 Hillside Avenue, Oshawa. Demand and a notice of intention to enforce security were served October 27 and 29, 2025, and the ten-day period has expired. Realty tax arrears of $47,679.63 were outstanding to the City of Oshawa as of March 6, 2025, with tax sale proceedings pending.
Proceedings AIOpen Proceedings AI
Case updates4 dated entries
#Filing
Notice of Application issued, opening the bankruptcy proceeding against the company under court file CL-26-00000025-0000, after expiry of the ten-day notice period on BDC's security enforcement notice.
Source: Application Record of the Applicant dated February 9, 2026
Parties
Debtor
1000144453 Ontario Limited
Receiver
msi Spergel inc.
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada (BDC) · in 251 casesGeneral Security Agreements dated December 14, 2022 from Borrower, 2496017 Ontario Inc., 2663840 Ontario Inc. and Ann & Amm Group Ltd.; Guarantees dated December 14, 2022 from 2496017 Ontario Inc., 2663840 Ontario Inc., Ann & Amm Group Ltd.; First Charge/Mortgage registered December 19, 2022 as Instrument No. DR2198904 on 303 Hillside Avenue, Oshawa, ON, registered principal amount $2,550,000 (original Loan principal advanced was $2,100,000 under Letter of Offer dated October 11, 2022); Assignment of Rents registered December 22, 2019 as Instrument No. DR2198915; PPSA registrations against all · as of 27 Oct 2025 | $2M | Application Record of the Applicant dated February 9, 2026 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors |
4 more claims in 2 classes The stack holds Secured and PMSI / lessors claims.
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See all plansThis 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.
Documents4 filings
| Date | Document | File |
|---|---|---|
Order of the Honourable Justice J. Dietrich dated July 16, 2026
| PDF · Subscribers | |
Endorsement of the Honourable Justice Dunphy dated February 17, 2026
| PDF · Subscribers | |
| Factum of the Applicant dated February 17, 2026 | PDF · Subscribers | |
Application Record of the Applicant dated February 9, 2026
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “1000144453 Ontario Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 5 November 2026, https://proceedings.ca/case/1000144453-ontario-limited