1818216 Ontario Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-24-00714666-00CL
1818216 Ontario Inc. has been under court-appointed receivership since March 6, 2024, when the Ontario Superior Court of Justice made a receivership order over the company. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act and provincial judicature act authority, and is carried on the Superior Court's Commercial List under court file number CV-24-00714666-00CL. The receivership remains active. No further steps have been recorded on this page since the appointment order.
The court granted an approval and vesting order for the sale to 16712681 Canada Inc. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Certificate to the Purchaser confirming payment of the Purchase Price and satisfaction of closing conditions. Sealed: Confidential Brief attached to the Fourth Report.
Source: Royal Bank of Canada Approval and Vesting Order Feb 13, 2025
The court approved a sale and investment solicitation process.
Source: Sales Process And Sealing Order, dated June 26, 2024
Ontario Superior Court of Justice placed 1818216 Ontario Inc. into receivership, commencing the proceeding under court file number CV-24-00714666-00CL.
Case update
Ravi Kitchen: the priority circle on Markham Road
BDO holds $939,866 attributed to two commercial condominium units it sold at 2855 Markham Road and cannot draw a waterfall — the Canada Revenue Agency says it ranks ahead of the condominium corporation's $78,415.38 lien, the corporation says it ranks ahead of RBC's $826,025.70 first mortgage, and CRA accepts that the mortgagees rank ahead of much of its own claim. Justice Conway has told counsel to settle it or book a date to argue it.
Debtor
1818216 Ontario Inc.
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 4 orders, Sep 2024 – Feb 2025 | 318 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 2 orders, Aug 2026 | 310 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Dec 2024 | 196 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, Jun 2024 | 168 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Mar 2024 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Aird & Berlis LLP | 26 Jun 2024 | Order · 26 Jun 2024 |
| ApplicantRoyal Bank of Canada | Fogler, Rubinoff LLP | 6 Mar 2024 | Order · 6 Mar 2024 |
| CreditorRoyal Bank of Canada | Fogler, Rubinoff LLP | 5 Mar 2024 | Factum · 5 Mar 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency - GST/HST claimLien claim relating to GST/HST — Deemed trust class. Total Lien Due at 2026-08-19 is $122,598.02; separately, Total Deemed Trust Balance is $95,337.18. CRA's claimed priority over mortgagees limited to $22,306.97 (sum of deemed trust balances for period 2020-03-31 to 2021-06-30), agreed to by Receiver. CRA exerts priority over condo corporation claim in full. — debtor: 1818216 Ontario Inc. · as of 19 Aug 2026 | $123K | Fifth Report of the Receiver |
| 3 | Deemed trusts (CRA and other) | |||
| 3 | Deemed trusts (CRA and other) | |||
| 3 | Deemed trusts (CRA and other) | |||
| 3 | Deemed trusts (CRA and other) | |||
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
10 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansThis 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.
2 transactions · 2 closed — the successful closing of the sale of the Real PropertiesFifth Report of the Receiver · 28 Aug 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Moraki Holding Inc.the Debtor's right, title and interest in and to the real property municipally known as 17, 27 Coronet Road, Toronto ... and the chattels, as designated and described in Schedule 'C' to the Sale Agreement (collectively, with the Real Property, the "Purchased Assets") · real property · agreement 5 Jul 2024 | Subscribers | Closed25 Sep 2024 | Fifth Report of the Receiver |
| 16712681 Canada Inc.the Debtor's right, title and interest in and to the real property described in the Sale Agreement (the "Purchased Assets") · real property · agreement 28 Oct 2024 | Sealed | Closed5 Mar 2025 | Fifth Report of the Receiver |
Unsecured creditors: no distribution. Royal Bank of Canada paid in full.FinalFifth Report of the Receiver · 28 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | mortgagees of the Coronet Road Property | — | interimcumulative | Finalper the receiver | Fifth Report of the Receiver · 28 Aug 2026 |
| SecuredRBC's mortgage relative to the Coronet Road Property | Royal Bank of Canada | — | paid in full | Finalper the receiver | Fifth Report of the Receiver · 28 Aug 2026 |
| Unsecured | creditors of the Markham Road Property | — | no distribution | Finalper the receiver | Fifth Report of the Receiver · 28 Aug 2026 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans4 engagements · 2 firms — latest: Aird & Berlis LLP, 31 May – 28 Aug 2024, Motion Record of the Receiver · 29 Aug 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Aird & Berlis LLPCounsel to the receiverperiod 2 of 2 | 31 May – 28 Aug 2024 | Motion Record of the Receiver · 29 Aug 2024 | |||
| Aird & Berlis LLPCounsel to the receiverperiod 1 of 2 | 23 Feb – 31 May 2024 | Motion Record of the Receiver · 29 Aug 2024 | |||
| BDO Canada LimitedReceiverperiod 2 of 2 | 1 Jun – 31 Jul 2024 | Motion Record of the Receiver · 29 Aug 2024 | |||
| BDO Canada LimitedReceiverperiod 1 of 2 | 6 Mar – 31 May 2024 | Motion Record of the Receiver · 29 Aug 2024 |
12 blurred figures above
What each firm billed — each as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Fifth Report of the Receiver
| PDF · Subscribers | |
Endorsement -Justice Conway
| PDF · Subscribers | |
Endorsement of Justice Conway dated August-19-2026
| PDF · Subscribers | |
Aide-Memoire, dated August 17, 2026
| PDF · Subscribers | |
Royal Bank of Canada Approval and Vesting Order Feb 13, 2025
| PDF · Subscribers | |
Royal Bank of Canada Endorsement Feb 3, 2025
| PDF · Subscribers | |
Supplemental Motion Record - Receiver - BDO
| PDF · Subscribers | |
Factum - Receiver - BDO - 31-JAN-2025
| PDF · Subscribers | |
| Motion Record - Receiver - BDO Canada Limited | PDF · Subscribers | |
Ancillary and Interim Distribution Order, dated December 4, 2024
| PDF · Subscribers | |
Endorsement of Justice Penny, dated December 4, 2024
| PDF · Subscribers | |
Factum - Receiver - BDO Canada Limited
| PDF · Subscribers | |
| Motion of the Receiver, dated November 27, 2024 | PDF · Subscribers | |
Ancillary and Sealing Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
Factum - Receiver - BDO
| PDF · Subscribers | |
Motion Record of the Receiver, dated August 29, 2024
| PDF · Subscribers | |
Endorsement Of Justice Osborne, dated June 26, 2024
| PDF · Subscribers | |
Sales Process And Sealing Order, dated June 26, 2024
| PDF · Subscribers | |
Motion Record of the Receiver
| PDF · Subscribers | |
| Receivership Certificate dated March 21, 2024 | PDF · Subscribers | |
Notice of Receiver
| PDF · Subscribers | |
Endorsement, dated March 6, 2024
| PDF · Subscribers | |
Issued and Entered Order of Justice Black dated March 6, 2024
| PDF · Subscribers | |
Receivership Order, dated March 6, 2024
| PDF · Subscribers | |
Factum - Plaintiff - Royal Bank of Canada
| PDF · Subscribers | |
Motion Record - Plaintiff - Royal Bank of Canada
| 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., “1818216 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 5 November 2026, https://proceedings.ca/case/1818216-ontario-inc