1754758 Ontario Inc.
- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- Industry
- Real estate
1754758 Ontario Inc. remains in active insolvency proceedings in Ontario, where the company's property at 43 Wallace Street, Vaughan, secures the claim of its principal lender. As of October 4, 2021, Bank of Montreal was estimated to be owed CAD 268,000, held under a general security agreement over that property. The same CAD 268,000 figure for Bank of Montreal also appears as an unsecured claim amount on the creditor list attached to the Notice and Statement of Receiver. The Canada Revenue Agency is listed on that creditor list in an unknown amount, with a potential deemed trust claim referenced in the intended plan of action.
Debtor
1754758 Ontario Inc.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 297 casesGeneral Security Agreement — Estimated amount owed to creditor holding security on the property (43 Wallace Street, Vaughan, Ontario) — debtor: 1754758 Ontario Inc. · as of 4 Oct 2021 | $268K | Section 245 Notice |
| 8 | Unsecured | |||
| 8 | Unsecured |
2 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansClosed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
Section 245 Notice
| 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., “1754758 Ontario Inc.” (Receivership (private)). Retrieved 5 November 2026, https://proceedings.ca/case/1754758-ontario-inc