1000200839 Ontario Inc.
- 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
- File
- CV-25-00034903-0000
- Industry
- Real estate · Residential development
1000200839 Ontario Inc. has been under court-appointed receivership pursuant to BIA s. 243 since May 20, 2025, following demands issued in April 2025. Windsor Family Credit Union Limited, holding first-ranking charges of $4,482,800 against the Phase 1 Lots and $3,000,000 against the Phase 2 Lots plus a general security agreement, demanded $3,994,496.30 on Facility 1 and $2,925,972.07 on Facility 2 on April 23, 2025; a payout statement puts the combined balance at $7,341,166.40 as at October 3, 2025, and a security opinion confirms a valid and enforceable first mortgage. Trinity Woods Inc., holding a second vendor take-back mortgage over both phases, demanded $2,798,235.81 on April 15, 2025. The Receiver reports the Town of LaSalle's property tax arrears of approximately $15,849.50 as the only claim ranking ahead of WFCU.
Supplement to the First Report of the Receiver dated December 16, 2025 — Court officer report
Supplementary Motion Record of the Receiver dated December 16, 2025 — Application / notice of application
Debtor
1000200839 Ontario Inc.
Applicant
Windsor Family Credit Union Limited
Receiver
TDB Restructuring
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Windsor Family Credit Union Limited (WFCU) · in 2 casesFirst mortgages: Phase 1 Lots $4,482,800 (registered April 14, 2023, Instrument CE1130472); Phase 2 Lots $3,000,000 (registered August 24, 2023, Instrument CE1148582); General Security Agreement (first fixed and floating charge over Phase 1/2 assets); promissory notes matching facility principal amounts ($4,482,800 and $2,917,200); postponement/subordination of MCCCU's GSA in WFCU's favour. — Amount is per Payout Statement (Appendix 14) as of October 3, 2025, combining both facilities. Earlier demand letters dated April 23, 2025 stated separate balances: Facility 1 $3,994,496.30 ($3,979,575.62 · as of 3 Oct 2025 | $7.34M | First Report of the Receiver dated November 28, 2025 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
4 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount, drawn to scale.
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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.
Secured creditors: no distribution. WFCU short.EstimatedSupplementary Motion Record of the Receiver · 16 Dec 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Second Mortgagee | — | no distribution | Estimatedper the receiver | Supplementary Motion Record of the Receiver · 16 Dec 2025 |
| Secured | WFCU | — | shortfall | Estimatedper the receiver | Supplementary Motion Record of the Receiver · 16 Dec 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.
| Date | Document | File |
|---|---|---|
| Ancillary Order dated December 19, 2025 | PDF · Subscribers | |
Endorsement of Justice J. Bezaire dated December 19, 2025
| PDF · Subscribers | |
Supplement to the First Report of the Receiver dated December 16, 2025
| PDF · Subscribers | |
Supplementary Motion Record of the Receiver dated December 16, 2025
| PDF · Subscribers | |
| Factum of the Receiver dated December 5, 2025 | PDF · Subscribers | |
First Report of the Receiver dated November 28, 2025
| PDF · Subscribers | |
| Motion Record of the Receiver dated November 28, 2025 | PDF · Subscribers | |
Appointment Order dated May 20, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Gorman dated May 20, 2025
| PDF · Subscribers | |
| Application Factum dated May 7, 2025 | PDF · Subscribers | |
Application Record dated May 7, 2025
| 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., “1000200839 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/1000200839-ontario-inc