Proceedings.

2318258 Ontario Inc.

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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
CL-26-00000245-0000
Filings held4
Last activity11 Jun 2026
On the record148 days
Secured debtSubscribers
OverviewSummary updated

2318258 Ontario Inc. is in court-appointed receivership in the Ontario Superior Court of Justice (Commercial List), where BDO Canada Limited was appointed receiver by order made 11 June 2026 on the application of Tandia Financial, a division of Alterna Savings and Credit Union Limited, under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The proceeding carries court file no. CL-26-00000245-0000. On the limited financial information available to the receiver, inventory is carried at a nominal $1 and the real property is unvalued, with appraisals being arranged. Estimated amounts owed to known creditors include $2,161,199.18 to Tandia Financial Credit Union Limited, $150,000 to Parkland Corporation and $53,062.84 in municipal taxes to Brock Township. RBC and the Canada Revenue Agency, whose claim is a deemed trust, are also listed among the creditors.

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Case updates4 dated entries
Parties

Debtor

2318258 Ontario Inc.

Receiver

BDO

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice2 orders, Jun 2026198 cases on record

Counsel of record

PartyCounselFirst seenSource
ApplicantAird & Berlis LLP11 Jun 2026Order · 11 Jun 2026
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredTandia Financial Credit Union Limited · in 7 casesListed among estimated amounts owed by the company to known creditors; security interest not specified on this page but presumed principal secured lender given receivership context — debtor: 2318258 Ontario Inc.$2.16MNotice of Receiver - 2318258 Ontario Inc
4Secured
8Unsecured
8Unsecured
8Unsecured

4 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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.

Documents4 filings
DateDocumentFile
Appointing Receiver Order June 11 2026
  • Applicant TANDIA FINANCIAL, A DIVISION OF ALTERNA SAVINGS AND CREDIT UNION LIMITED
  • Appointee BDO Canada Limited
  • Appointee role receiver
  • Commencement date 11 June 2026
  • + 5 more extracted facts
PDF · Subscribers
Endorsement Order June 11 2026
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Application Record - Applicant - Tandia Financial - 29-MAY-2026
  • Applicant TANDIA FINANCIAL, A DIVISION OF ALTERNA SAVINGS AND CREDIT UNION LIMITED
  • Commencement date 25 May 2026
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CL-26-00000245-0000
  • + 1 more extracted fact
PDF · Subscribers
Notice of Receiver - 2318258 Ontario Inc
  • Appointee BDO Canada Limited
  • Appointee role Receiver
  • Commencement date 11 June 2026
  • Financial position Subscribers
  • + 4 more extracted facts
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., “2318258 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 5 November 2026, https://proceedings.ca/case/2318258-ontario-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/2318258-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.