1742209 Ontario Inc.
Follow- Proceeding
- Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 and section 101 of the Courts of Justice Act, R.S.O 1990 c. C.43
- File
- CV-10-8541-00CL
1742209 Ontario Inc. has been under court-appointed receivership since January 18, 2010, when the Ontario Superior Court of Justice (Commercial List) appointed Meyers Norris Penny Limited as receiver on the application of the Business Development Bank of Canada, under section 243 of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, in court file CV-10-8541-00CL. The assets consist of land and building at 400 Harry Walker Parkway South, Newmarket, Ontario. Secured claims total $8,979,343, comprising BDC's mortgage; the Bank of Nova Scotia holds a PPSA registration with no balance outstanding. The unsecured list totals $6,046, of which Newmarket Hydro's claim accounts for the whole stated amount, with claims by the Canada Revenue Agency, Enbridge Gas Distribution, Cam Tool & Die Ltd. and two individuals shown as unknown. The receiver states it is unable to determine whether any funds will be available for ordinary unsecured creditors. The proceeding remains active.
Court appointed Meyers Norris Penny Limited as receiver over the company's assets, being land and building at 400 Harry Walker Parkway South, Newmarket, Ontario.
Source: Receivership Order
Debtor
1742209 Ontario Inc.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada · in 241 casesMortgage. Listed on the face of the notice and again in List “B”, “Secured Creditors”, which states a secured total of $8,979,343. — The Assets consist of land and building (400 Harry Walker Parkway South, Newmarket, Ontario). — debtor: 1742209 Ontario Inc. | $8.98M | Notice of Receiver |
| 4 | Secured | The Bank of Nova Scotia · in 110 casesPPSA registration. Listed on the face of the notice and in List “B”, “Secured Creditors”. — Stated as $0 on p.1 and as a dash in List “B” — a registrant with no balance outstanding, not an unknown. — debtor: 1742209 Ontario Inc. | $0 | Notice of Receiver |
| 8 | Unsecured | Newmarket Hydro · in 4 casesThe only stated amount on the list; it equals the list's stated total of $6,046. — debtor: 1742209 Ontario Inc. | $6.05K | Notice of Receiver |
| 8 | Unsecured | Richard AdelmanAmount stated as “Unknown”. Individual creditor. — debtor: 1742209 Ontario Inc. | — | Notice of Receiver |
| 8 | Unsecured | Cam Tool & Die Ltd. c/o PricewaterhouseCoopers Inc.Amount stated as “Unknown”. Listed care of PricewaterhouseCoopers Inc., indicating that creditor is itself an insolvency estate. — debtor: 1742209 Ontario Inc. | — | Notice of Receiver |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesAmount stated as “Unknown” — not a zero. Crown claim (deemed-trust class where applicable). — debtor: 1742209 Ontario Inc. | — | Notice of Receiver |
| 8 | Unsecured | Enbridge Gas Distribution — Bankruptcy DepartmentAmount stated as “Unknown” — not a zero. — debtor: 1742209 Ontario Inc. | — | Notice of Receiver |
| 8 | Unsecured | Arpad TakacsAmount stated as “Unknown”. Individual creditor. — debtor: 1742209 Ontario Inc. | — | Notice of Receiver |
“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.
| Date | Document | File |
|---|---|---|
Receivership Order
| ||
Notice of Receiver
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1742209 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1742209-ontario-inc