1254044 Ontario Ltd.

1254044 Ontario Limited has been under court-appointed receivership in Ontario since June 30, 2021, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and the proceeding remains active. The receivership extends to a group referred to as the Companies, comprising 1254044 Ontario Limited, 2431264 Ontario Inc., 2189788 Ontario Inc., 1552838 Ontario Inc., 1786675 Ontario Limited, 2034039 Ontario Inc., 2660556 Ontario Limited, 2541899 Ontario Limited and 2542372 Ontario Inc. Bank of Montreal is the senior secured lender, owed approximately $27 million by the Companies, on security consisting of mortgages over the Real Properties together with general security agreements from each of the Companies.