1703306 Ontario Inc. and R.O. Beam & Son Construction Limited
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-24-00714813-00CL
1703306 Ontario Inc. and R.O. Beam & Son Construction Limited have been the subject of a court-appointed receivership in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) since April 26, 2024, brought under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority and carried on court file CV-24-00714813-00CL. The proceeding opened with an interim order granted that same day, Friday, April 26, 2024. The matter is now recorded as closed, and that April 26, 2024 interim order is the only step the record captures.
Interim order granted on Friday, April 26, 2024, opening the receivership of the two debtor companies on Ontario court file CV-24-00714813-00CL.
Source: Court Order – April 26, 2024
Debtor
1703306 Ontario Inc. and R.O. Beam & Son Construction Limited
Receiver
Zeifmans
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 926 casesTax lien registered against Lot 36 — Quasi-governmental claim; CRA tax lien (deemed trust class). — debtor: R.O. Beam & Son Construction Limited (Lot 36) · as of 21 Feb 2024 | $1.73M | Motion Record |
| 4 | Secured | Hillmount Capital Mortgage Holdings Inc. · in 8 casesFirst mortgage against the Hodgkins Lots, registered in principal amount of $7,192,000.00 on June 27, 2022 (the 'Hillmount Mortgage') — Amount is the balance per Hillmount's Payout Statement dated September 11, 2024 (Appendix '5' to First Report); interest continues to accrue thereon from that date. $7,192,000.00 is the registered principal amount, not a balance. — debtor: 1703306 Ontario Inc. (borrower); R.O. Beam & Son Construction Limited (guarantor) · as of 11 Sep 2024 | $2.64M | Motion Record |
| 4 | Secured | Keizer Investments Ltd. (Home Hardware)General construction lien registered against all Hodgkins Lots (and other properties), supply period back to 2021 — Title-search instrument (registration SN782625, same date) shows lien amount of $474,038; Keizer separately advised during the Receivership Application it was owed $320,247.00 relating to the Hodgkins Lots. — debtor: 1703306 Ontario Inc. · as of 19 Oct 2023 | $480K | Motion Record |
| 4 | Secured | Frank & Company Construction LimitedConstruction lien registered against Lot 6 — Receiver's analysis suggests this lien is likely out of time and never perfected. — debtor: 1703306 Ontario Inc. · as of 20 Sep 2023 | $45.7K | Motion Record |
| 4 | Secured | Cotton Inc. · in 2 casesConstruction lien registered against Lot 15 — debtor: 1703306 Ontario Inc. · as of 4 Aug 2023 | $44.8K | Motion Record |
| 4 | Secured | Turkstra Lumber Company LimitedConstruction lien registered against Lot 39 — debtor: 1703306 Ontario Inc. · as of 28 Nov 2023 | $35.7K | Motion Record |
| 4 | Secured | Pollard Windows Inc.Construction lien registered against Lot 4 (a Finished Home, not part of the Sale Transactions) — debtor: 1703306 Ontario Inc. · as of 28 Nov 2023 | $24.3K | Motion Record |
| 4 | Secured | CH Plumbing Inc.Construction lien registered against Lot 3 — Lien never perfected; may shelter under Cotton/Keizer liens on same property. Contract value ($24K) differs from stated amount owing (~$17K). — debtor: 1703306 Ontario Inc. · as of 23 Nov 2023 | $17.4K | Motion Record |
| 4 | Secured | GR8SPACE4U Inc.Second mortgage against the Hodgkins Lots, registered in principal sum of $1,300,000, registered June 27, 2022 (the 'Second Mortgage') — Only registered principal amount stated; no balance/payout amount stated in the record. — debtor: 1703306 Ontario Inc. · as of 27 Jun 2022 | — | Motion Record |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
| Receiver’s Certificate re: 186 Hodgkins | ||
| Receiver’s Certificate re: 191 Hodgkins | ||
Approval and Vesting Order – April 23, 2025
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Approval and Vesting Order – April 23, 2025 (2)
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Discharge Order
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Endorsement – April 23, 2025
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Ancillary Order – February 10, 2025
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Approval and Vesting Order – February 10, 2025
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Court Order – November 18, 2024
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Endorsement – November 18, 2024
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Ancillary Order – September 24, 2024
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Approval and Vesting Order – September 24, 2024
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Approval and Vesting Order – September 24, 2024 (2)
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Motion Record
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Court Order – April 26, 2024
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Endorsement – April 26, 2024
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1703306 Ontario Inc. and R.O. Beam & Son Construction Limited” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/1703306-ontario-inc-and-r-o-beam-son-construction-limited