2202227 Ontario Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- File
- CV-24-0000693-0000
2202227 Ontario Inc. has been under court-appointed receivership since March 22, 2024, when the Ontario Superior Court of Justice made an appointment order. The receivership proceeds under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, on Ontario court file CV-24-0000693-0000. The proceeding remains active, and the appointment order of March 22, 2024 is the only step recorded on the file.
Motion Record 24-JUL-2024 was filed. Court file CV-24-0000693-0000.
Source: Motion Record 24-JUL-2024
Debtor
2202227 Ontario Inc.
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Nicholson | Ontario Superior Court of Justice | 3 orders, Feb 2026 | 6 cases on record |
| Justice Mcarthur | Ontario Superior Court of Justice | 2 orders, Mar 2024 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Dickinson Wright LLP | 13 Aug 2024 | Signed and Issued Order_RBC v 21 · 13 Aug 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 584 casesSite Specific Security Agreement dated June 7, 2016 and Charge/Mortgage on the Real Property (252 Dundas Street, London, Ontario) dated June 16, 2016, registered/original principal sum $715,000 (the '2202 Credit Facility' - Fixed Rate Loan under Letter of Agreement dated April 16, 2016) — The $715,000 figure is the original facility principal/registered mortgage sum, not the outstanding balance. Exact balance stated is CDN$508,440.63 as of Feb 23, 2024 for principal and interest, plus accruing interest and costs. RBC issued demand and a s.244(1) NOI on Nov 6, 2023. Independent counsel (Dickins · as of 23 Feb 2024 | $508K | Motion Record 24-JUL-2024 |
| Secured |
1 more claim in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plansThis 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.
Sale approved — the Transaction is hereby approvedApproval and Vesting Order · 12 Feb 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 2794872 Ontario Inc.the property legally described in Schedule 'A' hereto (the 'Property') · real property · agreement 4 Dec 2025 | Sealed | Approved12 Feb 2026 | Approval and Vesting Order |
CRA: paid in full.Motion Record of the Receiver (Jan-12-2026) · 31 Dec 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | asserted | paid in full | per the receiver | Motion Record of the Receiver (Jan-12-2026) · 31 Dec 2025 |
| SecuredRBC | Royal Bank of Canada | asserted | shortfall | per the receiver | Motion Record of the Receiver (Jan-12-2026) · 31 Dec 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.
3 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Administration Order
| PDF · Subscribers | |
Approval and Vesting Order
| PDF · Subscribers | |
February 12, 2026 Endorsement of Justice Nicholson
| PDF · Subscribers | |
Motion Record of the Receiver (Jan-12-2026)
| PDF · Subscribers | |
Signed and Issued Order_RBC v 2162538 Ont Inc et al_CV-24-693_Aug 9-24_Carnegie J 2024-08-13
| PDF · Subscribers | |
Motion Record 24-JUL-2024
| PDF · Subscribers | |
Endorsement of J. McArthur - 22-MAR-2024
| PDF · Subscribers | |
Order (Appointing Receiver) of J. McArthur - 22-MAR-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., “2202227 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2202227-ontario-inc