2093924 Ontario Inc., operating as Wash Factory, is in a court-appointed receivership commenced January 12, 2024 in the Court of King's Bench of Alberta under court file 2303 22127. The Receiver's Notice and Statement puts an approximation of property value at $7,334,331 as at the February 15, 2024 appointment date, drawn from 2023 year-end net book values for real property, chattels, equipment and vehicles and unaudited in-house statements for receivables; total liabilities are not stated. Bank of Montreal holds a first-position charge under a December 2020 general security agreement and a collateral mortgage registered at $6,005,000, with an updated payout figure of $5,773,412.23 as at February 16, 2024, confirmed valid and enforceable by Receiver's counsel. The Canada Revenue Agency claims $3,062.40, of which $2,737.11 is deemed trust for payroll source deductions.
The officer filed report no. Third Report. The Receiver maintained the car wash's operations, payroll, and banking functions until closing the sale to the Klair Group on February 28, 2025, after which it terminated the remaining employees and is now winding down the receivership estate.
Source: Receiver's Third Report to Court
The court granted an approval and vesting order. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Closing Certificate confirming payment of Purchase Price, satisfaction/waiver of closing conditions, and completion of the Transaction. Sealed: Second Confidential Addendum to the Second Report.
Source: Approval and Vesting Order
9 earlier updates, back to 12 January 2024 — subscribers.
Debtor
2093924 Ontario Inc.
Receiver
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesas of trust examination completion date (undated) — Listed as a creditor holding a security interest in the Notice and Statement of Receiver (deemed trust claim following payroll/GST trust examination) — Deemed trust claim; $2,737.11 of the $3,062.40 total represents the deemed trust portion. No GST claim received to date. In the Feb 20, 2024 Notice and Statement, CRA's balance was shown as an unknown placeholder of $1.00 (footnote: balances unknown reflected as $1.00). — debtor: 2093924 Ontario Inc. (Wash Factory) | $3.06K | Receiver's First Report to Court |
3 transactions · 2 approved · 1 closed — The Receiver closed the sale transaction with the Klair Group on February 28, 2025.Receiver's Third Report to Court · 21 Apr 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Second Klair Groupthe Wash Factory · asset sale | Sealed | Approved | Receiver's Second Report to Court |
| Klarity Holdings Ltd.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the 'Purchased Assets') · asset sale · agreement 11 Feb 2025 | Subscribers | Approved19 Feb 2025 | Restricted Court Access Order |
| Klair Groupthe Wash Factory · asset sale | not stated | Closed28 Feb 2025 | Receiver's Third Report to Court |
Canada Revenue Agency: a distribution.FinalReceiver's Third Report to Court · 21 Apr 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Canada Revenue Agency | — | a distribution | Finalper the receiver | Receiver's Third Report to Court · 21 Apr 2025 |
| Secured | BMO | — | a distributionconditional | per the receiver | Receiver's Second Report to Court · 10 Feb 2025 |
| Secured | Bank of Montreal | — | a distributioninterim | Finalper the receiver | Receiver's Third Report to Court · 21 Apr 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.
1 engagement · 1 firm — Miller Thomson LLP, —Receiver's Second Report to Court · 10 Feb 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Miller Thomson LLPCounsel to the receiver | — | — | — | — | Receiver's Second Report to Court · 10 Feb 2025 |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cumulative receipts
$1.37M
As at 10 Feb 2025Receiver's Second Report to Court
| Date | Document | File |
|---|---|---|
Receiver's Third Report to Court
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
| Order Approving Receiver's Activities and Interim Distribution | PDF · Subscribers | |
Restricted Court Access Order
| PDF · Subscribers | |
Receiver's Second Report to Court
| PDF · Subscribers | |
| Application | PDF · Subscribers | |
| Draft Approval and Vesting Order - Redline | PDF · Subscribers | |
Supplemental First Report to Court
| PDF · Subscribers | |
Letter to Justice Whitling
| PDF · Subscribers | |
| Letter to Service List | PDF · Subscribers | |
Receiver's First Report to Court
| PDF · Subscribers | |
Consent Receivership Order
| 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., “2093924 Ontario Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/2093924-ontario-inc
Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/2093924-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.