#Report
The statement of affairs records the date and time of bankruptcy as March 3, 2022, at 12:42.
Source: Certificate of Appointment
2277233 Ontario Inc. Norton Farms
FollowClosed
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 35-2809525
Filings held3
Last activity3 Mar 2022
On the record1,663 days
Secured debt$148K
OverviewSummary updated
2277233 Ontario Inc. made an assignment in bankruptcy on March 3, 2022, at 12:42, under the Bankruptcy and Insolvency Act, with MNP Ltd. named trustee (court file no. 35-2809525). The statement of affairs lists secured creditors of $185,100.00 in total — Farm Credit Canada at $147,500.00 and Meridian Onecap Credit Corporation at $37,600.00 — and unsecured creditors totalling $65,190.00, made up of Libro Financial Group at $60,000.00, a further $5,151.00 from Farm Credit Canada and $33.00 from Meridian Onecap beyond their secured claims, and six other creditors, including the Canada Revenue Agency, listed at nominal $1.00 mailing-list amounts. The statement records a deficiency of $65,190.00. The matter remains active in Ontario.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
2277233 Ontario Inc. made an assignment in bankruptcy on March 3, 2022, with MNP Ltd. named trustee of the estate.
Source: Preliminary Report
Parties
Debtor
2277233 Ontario Inc. Norton Farms
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Farm Credit Canada (FCC/FAC) - Manitoba & Sask. · in 34 casesFrom Creditor Mailing List; date of bankruptcy 2022-03-03 — debtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $148K | Creditors Package |
| 4 | Secured | Meridian Onecap Credit Corporation (formerly Roynat Lease Finance - Toronto) · in 27 casesFrom Creditor Mailing List; date of bankruptcy 2022-03-03 — debtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $37.6K | Creditors Package |
| 8 | Unsecured | Libro Financial Group - Head Officedebtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $60K | Creditors Package |
| 8 | Unsecured | Farm Credit Canada (FCC/FAC) - Manitoba & Sask. · in 34 casesListed separately as unsecured claim distinct from its secured claim of $147,500.00 — debtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $5.15K | Creditors Package |
| 8 | Unsecured | Meridian Onecap Credit Corporation (formerly Roynat Lease Finance - Toronto) · in 27 casesListed separately as unsecured claim distinct from its secured claim of $37,600.00 — debtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $33 | Creditors Package |
| 8 | Unsecured | Acc Farmers' Financialdebtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $1 | Creditors Package |
| 8 | Unsecured | Agco Finance Canada Ltd. · in 2 casesdebtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $1 | Creditors Package |
| 8 | Unsecured | CRA - Tax - Ontario · in 252 casesCRA deemed-trust class claim listed with nominal $1.00 mailing-list amount — debtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $1 | Creditors Package |
| 8 | Unsecured | Lending Loop · in 2 casesdebtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $1 | Creditors Package |
| 8 | Unsecured | PNC Canadadebtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $1 | Creditors Package |
| 8 | Unsecured | DLL Financial Services Canada Incdebtor: 2277233 ONTARIO INC · as of 3 Mar 2022 | $1 | Creditors Package |
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Estate financialsReported figures — never derived
Total assets at filing$185K
Total liabilities at filing$250K
As at 2 Mar 2022 · per Statement of Affairs as stated and estimated by the officer · Entity - 2277233 Ontario Inc — Liabilities include unsecured creditors per list A $60,006.00, balance of secured claims per list B $5,184.00 (total unsecured creditors $65,190.00), secured creditors per list B $185,100.00, preferred creditors $0.00, contingent/trust claims $0.00; deficiency of $65,190.00 stated
Documents3 filings
| Date | Document | File |
|---|---|---|
Preliminary Report
| ||
Certificate of Appointment
| ||
Creditors Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2277233 Ontario Inc. Norton Farms” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2277233-ontario-inc-norton-farms