#Filing
Motion Record of the Receiver - dated August 24, 2026 returnable September 9, 2026 — Application / notice of application
2139770 Ontario Inc. o/a Ravine's Retirement Home
FollowActive
- 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-24-00097134-0000
OverviewSummary updated
2139770 Ontario Inc., operating as Ravine's Retirement Home, is in a court-appointed receivership before the Ontario Superior Court of Justice under court file CV-24-00097134-0000. BDO Canada Limited was appointed Receiver on December 20, 2024, the date the proceeding commenced, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. A report of the court officer bearing the same date is on the record and identifies that appointment. The receivership remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates9 dated entries
#Report
The officer filed a report. The retirement residence continues day-to-day operations under the Receiver while a Court-approved sale process for the Property proceeds through a listing agent.
Source: Receiver's Interim Report 246(2) and R&D to June 30, 2026
#Report
The officer filed report no. Receiver's Interim Report - S. 246(2). The Company's retirement residence operations continue day-to-day while the Receiver conducts a Court-approved sale process for the property, listed with Newmark Seniors Housing Group.
Source: Receiver's Interim Report 246(2) and R&D to December 31, 2025
6 earlier updates, back to 20 December 2024 — subscribers.
Parties
Debtor
2139770 Ontario Inc. o/a Ravine's Retirement Home
Receiver
BDO
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Central 1 Credit Union · in 3 casesFirst mortgage (Instrument No. OC1666971, $28,000,000 registered principal) and Notice of Assignment of Rents (Instrument No. OC1666972) over 626 Prado Private, Ottawa — Payout statement balance with interest accrued to July 31, 2026; principal balance stated separately as $28,000,000.00 (registered/principal amount, not outstanding balance); receiver proposing distribution to Central 1 up to maximum of indebtedness owing — debtor: 2139770 Ontario Inc. · as of 31 Jul 2026 | $42.2M | Motion Record of the Receiver - dated August 24, 2026 returnable September 9, 2026 |
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.
105 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings
Central 1 Credit Union: shortfall.EstimatedMotion Record of the Receiver - dated August 24, 2026 · 24 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Central 1 Credit Union | — | shortfall | Estimatedper the receiver | Motion Record of the Receiver - dated August 24, 2026 · 24 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.
Estate financialsReported figures — never derived
Cumulative receipts
$11.7M
As at 30 Jun 2026Receiver's Interim Report 246(2) and R&D to June 30, 2026
3 more reported figures, as at 30 Jun 2026Subscribe to view
Documents
9 filings
| Date | Document | File |
|---|---|---|
Motion Record of the Receiver - dated August 24, 2026 returnable September 9, 2026
| PDF · Subscribers | |
Receiver's Interim Report 246(2) and R&D to June 30, 2026
| PDF · Subscribers | |
Receiver's Interim Report 246(2) and R&D to December 31, 2025
| PDF · Subscribers | |
Receiver's Interim Report 246(2) and R&D to June 30 25 - 2139770
| PDF · Subscribers | |
| CV-24-97134 - Order - M. Smith, J. - 17 Apr 2025 | PDF · Subscribers | |
Endorsement - CV-24-97134 - Central 1 Credit Union v. 2139770 Ontario Inc - Justice M. Smith
| PDF · Subscribers | |
Motion Record of the Receiver returnable April 17, 2025
| PDF · Subscribers | |
Notice and Statement of Receiver
| PDF · Subscribers | |
Appointment Order dated December 20, 2024
| 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., “2139770 Ontario Inc. o/a Ravine's Retirement Home” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/2139770-ontario-inc-o-a-ravines-retirement-residence