1408998 Ontario Inc. has been in insolvency proceedings in Ontario since March 30, 2016, when the commencing filing was made at 16:48 with Rosen Goldberg Inc. as trustee under section 49 of the BIA. The creditor list filed with the proceeding, covering claims of $250 or more, shows two Canada Revenue Agency claims in the deemed trust class, of $446,210.55 and $376,731.11. The largest unsecured claims are Kenco Construction at $320,000.00, Keele North Recycling Inc. at $287,184.29, Medulla Waste and Recycling Corp at $276,232.55, Scarborough Transfer & Recovery at $197,833.77 and 2264201 Ontario Inc. at $182,628.81. The matter is carried under file 31-2104810 and remains active.
The court granted an approval and vesting order for the sale to 2227800 Ontario Limited. Closing terms, as extracted: Vesting occurs upon delivery of the Trustee's Certificate to the Purchaser substantially in the form of Schedule A. Sealed: Confidential Appendices 1 and 2 to the First Report, including the Sale Agreement, sealed pending completion of the Transaction or further Order.
Source: Sale Approval and Vesting Order
Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 4 was filed. Court file 31-2104810.
Source: Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 4
Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 1 — Application / notice of application
Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 2 — Application / notice of application
Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 3 — Application / notice of application
Debtor
1408998 Ontario Inc.
Trustee in bankruptcy
Rosen Goldberg
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Penny | Ontario Superior Court of Justice | 1 order, Jul 2016 | 196 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRosen Goldberg Inc | Dickinson Wright LLP | 11 Jul 2016 | Application · 11 Jul 2016 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesas of NOI filing date — deemed trust class (account# 86895 8430 RP0001) — debtor: 1408998 Ontario Inc. | $377K | Notice of Intention to Make a Proposal Package |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
54 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale approved — Court approved the Transaction under the Sale Agreement between the Trustee and 2227800 Ontario Limited and authorized vesting of the Purchased Assets upon delivery of the Trustee's CertificateSale Approval and Vesting Order · 15 Jul 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 2227800 Ontario Limitedthe property described as the "Purchased Assets" in the Sale Agreement, being all the right, title and interest of the Trustee and the Debtor, if any · asset sale · agreement 8 Jul 2016 | Sealed | Approved15 Jul 2016 | Sale Approval and Vesting Order |
Unsecured creditors: a distribution.Under the plan · sanctionedReport to Court · 11 Sep 2015
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the plansanctionedper the debtor | Report to Court · 11 Sep 2015 |
| Unsecured | — | — | a distribution | Under the plansanctionedper the proposal trustee | Report to Court · 11 Sep 2015 |
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 |
|---|---|---|
Endorsement of Justice Penny - July 15 2016
| PDF · Subscribers | |
Sale Approval and Vesting Order
| PDF · Subscribers | |
| Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 1 | PDF · Subscribers | |
| Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 2 | PDF · Subscribers | |
| Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 3 | PDF · Subscribers | |
Motion Record of the Bankruptcy Trustee Returnable July 15 2016 - Part 4
| PDF · Subscribers | |
Certificate of Appointment of Bankruptcy Trustee
| PDF · Subscribers | |
| Order Approving Proposal | PDF · Subscribers | |
| Proposal Package | PDF · Subscribers | |
Notice of Intention to Make a Proposal Package
| PDF · Subscribers | |
Report to Court
| 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., “1408998 Ontario Inc.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/1408998-ontario-inc
Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/1408998-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.