2491000 Ontario Inc. Deckmart Building Supplies
- Proceeding
- NOIBIA s. 50.4
- File
- BK-26-03386484-0031
2491000 Ontario Inc., operating as Deckmart Building Supplies, is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act commenced on July 8, 2026 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file number BK-26-03386484-0031. The proceeding began with an application filed that day and remains active. Beyond the commencement, the record of this matter contains no further dated steps, and no stage has been assigned to the file.
Order of Honourable Justice Cavanagh re: Stay Extension dated was filed.
Source: Order of Honourable Justice Cavanagh re: Stay Extension dated
The officer filed report no. Second Report. DeckMart continues to operate in the ordinary course under the Proposal Trustee's supervision while a court-approved sale process for its business and assets proceeds toward an August 25, 2026 bid deadline.
Source: Second Report of MNP Ltd., In Its Capacity as Proposal Trustee
Application filed in the Ontario Superior Court of Justice, opening the bankruptcy proceeding against 2491000 Ontario Inc. under court file BK-26-03386484-0031.
Certificate of Filing of a Notice of Intention to make a Proposal — NOI certificate of filing
Case update
Deckmart: paying RBC, and taking its security over North Bay
Forecast in June to hold $780,829 by mid-August, the Vaughan decking supplier held $2,063,274, and on August 27 Justice Cavanagh extended its proposal deadline to October 13 and let it pay out about $730,500 owed to RBC under its guarantee of a sister company's debt, in exchange for the bank's security against that company.
Debtor
2491000 Ontario Inc. Deckmart Building Supplies
Proposal trustee
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Aug 2026 | 318 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jul 2026 | 245 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeMNP | WeirFoulds LLP | 24 Aug 2026 | Service list · 24 Aug 2026 |
| Debtor2491000 Ontario Inc. Deckmart Building Supplies | Loopstra Nixon LLP | 13 Jul 2026 | Factum · 13 Jul 2026 |
| CreditorRBC | Harrison Pensa LLP | 24 Aug 2026 | Service list · 24 Aug 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesCompany's secured guarantee of obligations of related party 1000009704 Ontario Inc. o/a NorthBay Building Products; RBC held security against North Bay as principal debtor — PAID IN FULL AND SATISFIED: under the August 27, 2026 Order the Company used cash to pay RBC in full (RBC loan repayment of $721,834 actual in the six weeks to Sept 27, 2026) and on September 3, 2026 took an assignment of RBC's security and rights against North Bay. The $730,500 (approx., inclusive of legal fees) was the combined Company/North Bay obligation to RBC as of Aug 20, 2026 per the Aug 27 endorsement. The Company · as of 20 Aug 2026 | $731K | Motion Record of the Proposal Trustee |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
17 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale process approved — Sale Process ongoing; bid deadline approaching, any transaction subject to further Court approvalSecond Report of MNP Ltd., In Its Capacity as Proposal Trustee · 24 Aug 2026
Royal Bank of Canada: paid in full.Motion Record · 20 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Royal Bank of Canada | — | paid in fullconditional | per the debtor | Motion Record · 20 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.
As at ·
Cumulative receipts
$2.52M
As at 24 Aug 2026Second Report of MNP Ltd., In Its Capacity as Proposal Trustee
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Endorsement of Justice Kimmel
| PDF · Subscribers | |
Order Approving Third Report of the Proposal Trustee
| PDF · Subscribers | |
Affidavit of Artur Harutyunyan
| PDF · Subscribers | |
Motion Record of the Proposal Trustee
| PDF · Subscribers | |
Endorsement of Honourable Justice Cavanagh
| PDF · Subscribers | |
Order of Honourable Justice Cavanagh re: Stay Extension dated
| PDF · Subscribers | |
Second Report of MNP Ltd., In It's Capacity as Proposal Trustee
| PDF · Subscribers | |
Second Report of MNP Ltd., In Its Capacity as Proposal Trustee
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Motion Record (Returnable August 27, 2026)
| PDF · Subscribers | |
Endorsement of Justice Steele
| PDF · Subscribers | |
Initial NOI Relief, SISP Approval
| PDF · Subscribers | |
Supplementary Report to the First Report of MNP Ltd.
| PDF · Subscribers | |
Factum of 2491000 Ontario Inc. d/b/a Deckmart Building Supplies
| PDF · Subscribers | |
Oral Argument Compendium of Aram Piruzyan
| PDF · Subscribers | |
First Report of MNP Ltd., In Its Capacity as Proposal Trustee
| PDF · Subscribers | |
| Responding Affidavit of Aram Piruzyan | PDF · Subscribers | |
| Responding Factum of Aram Piruzyan | PDF · Subscribers | |
Motion Record- Returnable on July 15, 2026
| PDF · Subscribers | |
Affidavit of Mailing
| PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to make a Proposal | PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
| Proposal Consent | 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., “2491000 Ontario Inc. Deckmart Building Supplies” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2491000-ontario-inc