1995677 Ontario Inc. (formerly known as Deslaurier Custom Cabinets Inc.)
- Proceeding
- NOISection 84.1 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- File
- BK-25-00098475-0000
- Industry
- Manufacturing · Building products
1995677 Ontario Inc., formerly known as Deslaurier Custom Cabinets Inc., filed a notice of intention to make a proposal under section 50.4 of the Bankruptcy and Insolvency Act on January 16, 2025, and the proceeding remains active. The company is described as a leader in the cabinetry industry, employing approximately 130 people and ranking among the largest employers in the Town of Renfrew, Ontario. A first report of the court officer, dated January 17, 2025, has been filed in the proceeding.
Notice of the notice of intention to file a proposal - 1995677 Ontario inc — Notice to creditors
First Report of the court officer, dated the day after the notice of intention was filed, set out the company's cabinetry operations, its roughly 130 employees and its role as a major Renfrew employer.
Source: Proposal Trustee's First Report to Court_January 17 2025
Motion Record - 1995677 Ontario Inc. - 17-JAN-2025 - File No. Revised — Application / notice of application
1995677 Ontario Inc. (formerly known as Deslaurier Custom Cabinets Inc.) — NOI filed, Ontario.
Certificate of filing a notice of intention to make a proposal - 33-3174726 — Notice to creditors
Debtor
1995677 Ontario Inc. (formerly known as Deslaurier Custom Cabinets Inc.)
Proposal trustee
Raymond Chabot
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada (RBC) · in 584 casesSecurity instruments described in Schedule "A" to RBC's demand letter (schedule not included in these pages); credit facilities comprise a Royal Credit Line (loan no. 35627513-001) and a credit card; personal guarantee of the indebtedness given by guarantor James Maxwell (Guarantee and Postponement of Claim). — RBC demand letter (Mar 13, 2024) states aggregate indebtedness of $3,164,889.45 (Royal Credit Line $3,114,575.30 + credit card $49,066.50 + legal fees $1,248.65), plus ongoing interest/costs. The subsequent Forbearance Agreement (Apr 5, 2024) and its two amendments (Jun 20 and Aug 30, 2 · as of 13 Mar 2024 | $3.16M | Motion Record - 1995677 Ontario Inc. - 17-JAN-2025 - File No. Revised |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plansUnsecured creditors: a distribution.EstimatedNotice of proposal - 1995677 Ontario inc. · 17 Feb 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | shortfall | Under the planper the trustee | Notice of proposal - 1995677 Ontario inc. · 17 Feb 2025 |
| Unsecured | — | Estimatedper the trustee | Notice of proposal - 1995677 Ontario inc. · 17 Feb 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.
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The claims and what each class or creditor recovers — each as the filing states it, with its source.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Notice of proposal - 1995677 Ontario inc.
| PDF · Subscribers | |
APA Order and Sealing Order - January 29 2025 - Justice Ryan Bell
| PDF · Subscribers | |
| FINAL - Factum - 1995677 Ontario Inc. - 24-JAN-2025 - File No. Revised | PDF · Subscribers | |
| Notice of the notice of intention to file a proposal - 1995677 Ontario inc | PDF · Subscribers | |
Motion Record - 1995677 Ontario Inc. - 17-JAN-2025 - File No. Revised
| PDF · Subscribers | |
Proposal Trustee's First Report to Court_January 17 2025
| PDF · Subscribers | |
Certificate of filing a notice of intention to make a proposal - 33-3174726
| 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., “1995677 Ontario Inc. (formerly known as Deslaurier Custom Cabinets Inc.)” (NOI), Ontario Superior Court of Justice. Retrieved 6 November 2026, https://proceedings.ca/case/1995677-ontario-inc-formerly-known-as-deslaurier-custom-cabinets-inc