#Order
A receivership order was granted. Court file CV-25-00749518-00CL.
Source: Receivership Appointment Order
2381939 Ontario Inc. oa The Market on Stoney Lake and Stoney Lake Market
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-25-00749518-00CL
Filings held8
Last activity16 Dec 2025
On the record279 days
Secured debt$672K
OverviewSummary updated
2381939 Ontario Inc., operating as The Market on Stoney Lake and Stoney Lake Market, is in a court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, and the proceeding remains active. The Receiver has not been provided with the Debtor's books and records and cannot confirm the balance of its assets and liabilities; total assets are shown as unknown in the Notice, and the net book value of the real property is unknown pending appraisal. Royal Bank of Canada is a secured creditor in the amount of $672,370. VendorLender Funding Corp holds security registered under the PPSA in an amount the Receiver cannot yet quantify, and expects to better understand that creditor's position once records are obtained. The Receiver estimates, from the Application Record, approximately $25,000 in outstanding property taxes owing to the Township of Douro-Dummer, with total unsecured claims listed as unknown.
Proceedings AIAsk this case — answers cite the filings
Case updates9 dated entries
#Order
Receivership Appointment Order was filed. Court file CV-25-00749518-00CL.
Source: Receivership Appointment Order
Parties
Debtor
2381939 Ontario Inc. oa The Market on Stoney Lake and Stoney Lake Market
Receiver
GlassRatner
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Dec 2025 | 288 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantRoyal Bank of Canada | Aird & Berlis LLP | 16 Dec 2025 | Service list · 16 Dec 2025 |
| CreditorRoyal Bank of Canada | Aird & Berlis LLP | 12 Dec 2025 | Factum · 12 Dec 2025 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 556 casesdebtor: 2381939 Ontario Inc. | $672K | Notice and Statement of Receiver |
| 4 | Secured | VendorLender Funding CorpRegistered under the PPSA — Amount unknown; Receiver has not yet obtained books and records and anticipates having a better understanding of the nature of this creditor once it does — debtor: 2381939 Ontario Inc. | — | Notice and Statement of Receiver |
| 8 | Unsecured | Township of Douro-DummerOutstanding property taxes, approximate amount; total unsecured listed as Unknown pending further creditor information — debtor: 2381939 Ontario Inc. | $25K | Notice and Statement of Receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
Documents8 filings
| Date | Document | File |
|---|---|---|
Endorsement of Justice Cavanagh
| ||
Notice and Statement of Receiver
| ||
Receivership Appointment Order
| ||
Service List (December 16, 2025) – PDF
| ||
| Service List (December 16, 2025) – Word | ||
Factum of the Applicant
| ||
Endorsement of Justice Kimmel
| ||
Application Record
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2381939 Ontario Inc. oa The Market on Stoney Lake and Stoney Lake Market” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2381939-ontario-inc-oa-the-market-on-stoney-lake-and-stoney-lake-market