#Order
Order of Honourable Justice Cavanagh re: Stay Extension dated was filed.
Source: Order of Honourable Justice Cavanagh re: Stay Extension dated
2491000 Ontario Inc. Deckmart Building Supplies
FollowActive
- Proceeding
- NOIBIA s. 50.4
- File
- BK-26-03386484-0031
Filings held19
Last activity27 Aug 2026
On the record75 days
OverviewSummary updated
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.
Proceedings AIAsk this case — answers cite the filings
Case updates19 dated entries
16 earlier updates, back to 8 July 2026 — subscribers.
AnalysisAll insights
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.
Parties
Debtor
2491000 Ontario Inc. Deckmart Building Supplies
Proposal trustee
MNP
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, Aug 2026 | 288 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jul 2026 | 220 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 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 926 casesas of NOI filing date — Unpaid HST; deemed trust class — debtor: 2491000 Ontario Inc. d/b/a DeckMart Building Supplies | $22K | Oral Argument Compendium of Aram Piruzyan |
Sale processAs stated in the filings
Sale 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
Closing termsClosing of approved transaction within five Business Days after the Approval and Vesting Order is issuedInitial NOI Relief, SISP Approval
RecoveriesAs stated in the filings
Royal Bank of Canada: paid in full.Motion Record · 27 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Royal Bank of Canada | — | paid in fullconditional | per the debtor | Motion Record · 27 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.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cumulative receipts
$2.52M
As at 24 Aug 2026Second Report of MNP Ltd., In Its Capacity as Proposal Trustee
Documents
19 filings
| Date | Document | File |
|---|---|---|
Endorsement of Honourable Justice Cavanagh
| PDF · Subscribers | |
Motion Record (Returnable August 27, 2026)
| 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 | |
Endorsement of Justice Steele
| PDF · Subscribers | |
Initial NOI Relief, SISP Approval
| PDF · Subscribers | |
Motion Record- Returnable on July 15, 2026
| 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 | |
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 20 September 2026, https://proceedings.ca/case/2491000-ontario-inc