Proceedings.

1938863 Ontario Limited, 1000693383 Ontario Inc., and 1000060338 Ontario Inc.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-26-00000686-0000
Filings held13
Last activity17 Apr 2026
On the record157 days
Secured debt$2.38M
OverviewSummary updated

1938863 Ontario Limited, 1000693383 Ontario Inc. and 1000060338 Ontario Inc. are the subject of bankruptcy proceedings under the Bankruptcy and Insolvency Act before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file number CV-26-00000686-0000. The proceedings commenced on April 17, 2026, when the Court granted an interim order in respect of the three companies. The matter remains active. The record before us contains no further steps, hearings or reports beyond that initial order, and no relief, terms or amounts associated with it have been set out.

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Case updates14 dated entries
Parties

Debtor

1938863 Ontario Limited, 1000693383 Ontario Inc., and 1000060338 Ontario Inc.

Receiver

msi Spergel inc.

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MillsOntario Superior Court of Justice3 orders, Mar 2026 – Apr 202611 cases on record

Counsel of record

PartyCounselFirst seenSource
CreditorRoyal Bank of CanadaHarrison Pensa LLP23 Mar 2026Application · 23 Mar 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 556 casesGeneral Security Agreement dated October 6, 2023; first-position Charge/Mortgage of Land in the principal sum of $2,340,000.00 (registration ceiling, not balance) registered as instrument HR2112771 on June 25, 2025 over the Real Property, governed by Standard Charge Terms No. 20015; Assignment of Rents registered as instrument HR2112773 on June 25, 2025. Credit Agreement dated June 17, 2025 established Facility #1 Non-Revolving Term (limit $1,411,000, not shown as outstanding as of March 5, 2026) and Facility #2 Non-Revolving Term (limit $2,340,000), on which $2,379,789.65 was owing as of Marc · as of 5 Mar 2026$2.38MApplication Record of the Applicant dated March 20, 2026
4SecuredRoyal Bank of Canada · in 556 casesGeneral Security Agreement dated October 6, 2023. Credit Agreement dated August 15, 2023 (amended June 17, 2025 and November 10, 2025) established Revolving Demand Facility (limit $100,000; balance $100,103.77), Non-Revolving Term Facility (limit $400,000; balance $383,715.60), and Credit Card Facility (limit $20,000; balance $24,425.47), each balance as of March 5, 2026, summing to the stated total. — Guaranteed by 752 Ontario (Guarantee dated Oct 6, 2023, limited to $550,000, supported by 752 Ontario GSA), by 338 Ontario (Guarantee dated Oct 6, 2023, limited to $550,000, supported by 338 Ont · as of 5 Mar 2026$508KApplication Record of the Applicant dated March 20, 2026
4SecuredRoyal Bank of Canada · in 556 casesGeneral Security Agreement dated October 6, 2023; Security Agreement (Chattel Mortgage) dated October 6, 2023, constituting a first-ranking specific interest in equipment. Credit Agreement dated June 17, 2025 established Revolving Demand Facility (limit $100,258.23; balance $101,249.12 as of March 5, 2026) and Credit Card Facility (limit $20,000; balance $20,030.87 as of March 5, 2026); the Notice of Application also lists two Non-Revolving Term Facility limits ($291,668 and $458,333) not shown as outstanding in the Affidavit's facility breakdown. — Guaranteed by 272 Ontario (Guarantee dated O · as of 5 Mar 2026$136KApplication Record of the Applicant dated March 20, 2026
8UnsecuredMcKesson Canada Corporation · in 7 casesAmount of arrears not stated in the document; McKesson Canada Corporation also appears on the service list. — debtor: 1000582272 Ontario Inc. ("272 Ontario")Application Record of the Applicant dated March 20, 2026

“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.

Documents
13 filings
DateDocumentFile
Endorsement of the Honourable Justice Mills dated April 17, 2026
  • Presiding officer Justice Mills
PDF
Order of the Honourable Justice Mills dated April 17, 2026
  • Applicant ROYAL BANK OF CANADA
  • Appointee msi Spergel inc.
  • Appointee role receiver and manager
  • Commencement date 17 April 2026
  • + 5 more extracted facts
PDF
Respondents' Memorandum of Fact and Law dated April 15, 2026PDF
Amended Factum of the Applicant dated April 13, 2026PDF
Supplemental Record dated April 7, 2026PDF
Respondents' Record dated April 1, 2026PDF
Endorsement of the Honourable Justice Mills dated March 26, 2026
  • Presiding officer Justice Mills
PDF
Notice of Appearance dated March 25, 2026PDF
Confirmation of Application dated March 24, 2026PDF
Book of Authorities of the Applicant dated March 23, 2026
  • Counsel Harrison Pensa LLP
PDF
Factum of the Applicant dated March 23, 2026
  • Counsel Harrison Pensa LLP
PDF
Application Record of the Applicant dated March 20, 2026
  • Applicant ROYAL BANK OF CANADA
  • Commencement date 20 March 2026
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-26-00000686-0000
  • + 3 more extracted facts
PDF
Endorsement of the Honourable Justice Kumaranayake dated March 20, 2026
  • Presiding officer Justice Kumaranayake
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1938863 Ontario Limited, 1000693383 Ontario Inc., and 1000060338 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/1938863-ontario-limited-1000693383-ontario-inc-and-1000060338-ontario-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1938863-ontario-limited-1000693383-ontario-inc-and-1000060338-ontario-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.