Proceedings.

14713737 Canada Inc

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00003786-0000
Filings held11
Last activity10 Mar 2026
On the record440 days
Secured debtSubscribers
OverviewSummary updated

14713737 Canada Inc. is the subject of a court-appointed receivership application brought in the Ontario Superior Court of Justice under file no. CV-25-00003786-0000 and commenced on August 22, 2025. The proceeding is active, resting on BIA s. 243 and provincial Judicature Act relief. Farm Credit Canada is identified as the primary secured creditor, holding registered mortgage security against the debtor's real property and a PPSA security interest in its personal property, with indebtedness stated in the Inman Affidavit at CAD 8,354,905.81 as at July 9, 2025, plus accruing interest and costs. Two further blanket PPSA registrants are recorded against the debtor, 159191 Canada Inc. and Canadian Western Bank, in each case without a stated amount. The record carries an order dated March 10, 2026.

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Case updates11 dated entries
#Report

The officer filed report no. First Supplement. The Receiver continues to manage and market the Real Property for sale, having retained CBRE and Remax as joint listing agents and developed a sale process with milestone dates, while also addressing NEC compliance issues and seeking removal of commercial tenants and vehicles.

Source: First Supplement to the First Report of the Receiver dated March 4, 2026

Parties

Debtor

File Documents

Receiver

Albert Gelman

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice McSweeneyOntario Superior Court of Justice3 orders, Mar 20266 cases on record
Justice CudjoeOntario Superior Court of Justice2 orders, Aug 20255 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlbert GelmanMiller Thomson LLP10 Mar 2026Order · 10 Mar 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredFarm Credit Canada (FCC) · in 40 casesRegistered mortgage security against the Real Property and a security interest under the PPSA in respect of personal property — Primary secured creditor; balance as set out in the Inman Affidavit, plus accruing interest and costs — debtor: 14713737 Canada Inc. · as of 9 Jul 2025$8.35MFirst Report of the Receiver dated January 14, 2026
Secured
Secured
Secured

3 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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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.

Sale processAs stated in the filings

Sale process approved — the Sale Process described at paragraph 13 of the First Supplement ... is hereby approvedCourt Order of Justice McSweeney dated March 10, 2026 (Sale Process… · 10 Mar 2026

PurchaserPriceStatusSource
unsolicited offer for the Real Property; agreement terminated due to unfulfilled buyer conditionsthe Real Property · real propertynot statedTerminatedFirst Supplement to the First Report of the…
AdvisorsCBRE Limited (listing broker); Remax Hallmark Realty Inc. (listing broker); Canam Appraiz Inc. (auctioneer)First Supplement to the First Report of the Receiver dated March 4, 2026
Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Albert Gelman Inc., 22 Aug – 31 Dec 2025, in feesFirst Report of the Receiver · 14 Jan 2026

FirmPeriodHoursFeesRatesSource
Albert Gelman Inc.Receiver22 Aug – 31 Dec 2025First Report of the Receiver · 14 Jan 2026
Miller Thomson LLPCounsel to the receiver22 Aug – 31 Dec 2025Motion Record of the Receiver (for motion · 14 Jan 2026

6 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Professional fees

$68K

As at 31 Dec 2025First Supplement to the First Report of the Receiver dated March 4, 2026

Documents
11 filings
DateDocumentFile
Court Order of Justice McSweeney dated March 10, 2026 (Ancillary Order)
  • Presiding officer Justice McSweeney
PDF · Subscribers
Court Order of Justice McSweeney dated March 10, 2026 (Sale Process Approval Order)
  • Counsel Miller Thomson LLP
  • Order date 10 March 2026
  • Presiding officer Justice McSweeney
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Endorsement of Justice McSweeney dated March 10, 2026
  • Presiding officer Justice McSweeney
PDF · Subscribers
Factum of the Receiver (for motion returnable March 10, 2026)PDF · Subscribers
First Supplement to the First Report of the Receiver dated March 4, 2026
  • Cash on hand · Disbursements · Fee schedule · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Supplemental Motion Record of the Receiver (for motion returnable March 10, 2026)
  • Commencement date 22 August 2025
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-25-00003786-0000
  • Fee schedule Subscribers
PDF · Subscribers
First Report of the Receiver dated January 14, 2026
  • Fee schedule · Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record of the Receiver (for motion returnable March 10, 2026)
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-25-00003786-0000
  • Province ONTARIO
  • Fee schedule Subscribers
PDF · Subscribers
Court Order of Justice Cudjoe dated August 22, 2025
  • Applicant FARM CREDIT CANADA
  • Appointee Albert Gelman Inc.
  • Appointee role receiver
  • Commencement date 22 August 2025
  • + 5 more extracted facts
PDF · Subscribers
Endorsement of Justice Cudjoe dated August 22, 2025
  • Presiding officer Justice Cudjoe
PDF · Subscribers
Application Record (Applicant – Farm Credit Canada) July 15, 2025
  • Applicant FARM CREDIT CANADA
  • Court ONTARIO SUPERIOR COURT OF JUSTICE
  • Court file no CV-25-00003786-0000
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., “14713737 Canada Inc” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/14713737-canada-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/14713737-canada-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.