Proceedings.

1985314 Ontario Ltd Coulson's Cannabis

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
Court
Ontario Superior Court of Justice · In Bankruptcy and Insolvency
File
35-3127410
Filings held7
Last activity10 Jan 2025
On the record668 days
OverviewSummary updated

1985314 Ontario Ltd. (Coulson's Cannabis) is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on November 22, 2024 in the Ontario Superior Court of Justice in Bankruptcy and Insolvency under court file number 35-3127410. An interim order was granted the same day. The proceeding remains active. No further steps have been entered on the record since commencement.

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Case updates7 dated entries

4 earlier updates, back to 22 November 2024 subscribers.

Parties

Debtor

1985314 Ontario Ltd Coulson's Cannabis

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency (CRA) · in 926 casesas of claims received to date — Deemed trust priority charge over all assets — Deemed trust class; stated to have priority over claims of secured lenders — debtor: 1985314 Ontario Ltd. (Coulson Cannabis)$429KPreliminary Report of Trustee
53 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedPreliminary Report of Trustee · 30 Jan 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredunsecured creditors (estate generally)no distributionEstimatedper the trusteePreliminary Report of Trustee · 30 Jan 2025

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents7 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 10 January 2025
  • Court file no 35-3127410
  • + 6 more extracted facts
PDF · Subscribers
Certificate of AssignmentPDF · Subscribers
Creditors Package
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Extending Time to Make a Proposal
  • Commencement date 22 November 2024
  • Court ONTARIO SUPERIOR COURT OF JUSTICE IN BANKRUPTCY AND INSOLVENCY
  • Court file no 35-3127410
  • Order date 22 November 2024
  • + 2 more extracted facts
PDF · Subscribers
Certificate of Filing of a Notice of Intention to Make a ProposalPDF · Subscribers
Notice of Intention to Make a ProposalPDF · Subscribers
Trustee's Proposal Consent
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Province Ontario
  • Statutory basis Bankruptcy and Insolvency Act
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., “1985314 Ontario Ltd Coulson's Cannabis” (Bankruptcy), Ontario Superior Court of Justice · In Bankruptcy and Insolvency. Retrieved 20 September 2026, https://proceedings.ca/case/1985314-ontario-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/1985314-ontario-ltd

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.