Proceedings.

2607315 Ontario Inc.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00091097-0000
Filings held11
Last activity17 Sep 2026
On the record434 days
Secured debtSubscribers
OverviewSummary updated

2607315 Ontario Inc. is in court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act, and the receiver reports that it has not been provided with financial information or access to the company's books and records. In its Notice and Statement of the Receiver, the estimated values of cash, accounts receivable and rent arrears, and land and building are each listed as unknown. Secured claims identified are Tandia Financial Credit Union at $2,179,059 as at January 12, 2026, excluding legal fees, disbursements and interest; a $1,000,000 charge registered March 6, 2024 by 2288865 Ontario Inc. and a $169,500 lien registered August 30, 2024 by Hab Creative Housing Corp., both against 353 St. Paul Avenue, Brantford; and City of Brantford property tax arrears of $120,054 as at February 3, 2026. Having no list of unsecured creditors, the receiver has recorded the Canada Revenue Agency, City of Brantford (Water), Enbridge Gas, GrandBridge Energy and Wasteco at a nominal $1 each pending further review.

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Case updates11 dated entries

8 earlier updates, back to 14 July 2025 subscribers.

Case update

353 St. Paul: eight offers for an empty Brantford medical building

Bricks Damiani Inc. took possession of 2607315 Ontario Inc.'s medical office building in Brantford with three tenants left and no access to the company's books and records; on September 17 it asks the court to approve a sale of the now-empty building to Victoria Professional Centre Inc. at a sealed price, clear of a $1,000,000 second charge and a $169,500 construction lien it says is invalid, with Tandia owed $2,619,391 and the receiver expecting a shortfall.

Parties

Debtor

2607315 Ontario Inc.

Receiver

Bricks Damiani

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BordinOntario Superior Court of Justice2 orders, Sep 20267 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBricks DamianiBorden Ladner Gervais LLP16 Jul 2025Service list · 16 Jul 2025
Debtor2607315 Ontario Inc.Book Erskine LLP16 Jul 2025Service list · 16 Jul 2025
CreditorTandia Financial Credit Union LimitedAird & Berlis LLP4 Sep 2026Application · 4 Sep 2026
CreditorTandia Financial Credit Union Limited A329Aird & Berlis LLP29 Jan 2026Order · 29 Jan 2026
CreditorVictoria Professional Centre IncWorrad Murray & Associates4 Sep 2026Application · 4 Sep 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredTandia Financial Credit UnionAmount excludes legal fees, disbursements and interest, per Note 1. — debtor: 2607315 Ontario Inc. · as of 12 Jan 2026$2.18MNotice and Statement of Receiver – Dated February 11, 2026

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.

8 more claims across lower-ranking classes

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Sale processAs stated in the filings

2 transactions · 1 proposed · 1 approvedThe Receiver accepted Victoria's offer, executed the APS, and is seeking Court approval of the TransactionFirst Report of the Receiver (without appendices) – Dated September 3,… · 3 Sep 2026

PurchaserPriceStatusSource
Victoria Professional Centre Inc.the Real Property · real property · agreement 28 Jul 2026SealedProposedFirst Report of the Receiver (without…
Victoria Professional Centre Inc.the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 23 Jul 2026not statedApproved17 Sep 2026Approval and Vesting Order – Dated September…
Closing termsVesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.Approval and Vesting Order – Dated September 17, 2026
RecoveriesAs stated in the filings

Tandia Financial Credit Union Limited: shortfall.EstimatedFirst Report of the Receiver (without appendices) · 3 Sep 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredTandia IndebtednessTandia Financial Credit Union LimitedshortfallEstimatedper the receiverFirst Report of the Receiver (without appendices) · 3 Sep 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.

1 stated figure across 1 outcome, each sourced

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Documents
11 filings
DateDocumentFile
Ancillary Order – Dated September 17, 2026
  • Counsel Borden Ladner Gervais LLP
  • Presiding officer Justice Bordin
PDF · Subscribers
Approval and Vesting Order – Dated September 17, 2026
  • Closing terms Vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
  • Purchaser Victoria Professional Centre Inc. · the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Endorsement of Justice Bordin – Dated September 17, 2026
  • Presiding officer Justice Bordin
PDF · Subscribers
Amended Notice of Motion – Dated September 4, 2026 – Returnable September 17, 2026
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Motion Record – Dated September 4, 2026 – Returnable September 17, 2026
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
First Report of the Receiver (without appendices) – Dated September 3, 2026
  • Process results 23 NDAs · 8 bids
  • Purchaser Victoria Professional Centre Inc. · the Real Property · real property · proposed
  • Recovery outcome Entries: per estimated · Stated on: 2026-09-03 · Table missing:
  • Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Notice and Statement of Receiver – Dated February 11, 2026
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order – Dated January 29, 2026
  • Applicant TANDIA FINANCIAL CREDIT UNION LIMITED
  • Appointee Bricks Damiani Inc.
  • Appointee role receiver
  • Counsel Aird & Berlis LLP
  • + 4 more extracted facts
PDF · Subscribers
Supplemental Application Record – Dated January 19, 2026 – Returnable January 29, 2026PDF · Subscribers
Application Record – Dated July 16, 2025 – Returnable July 29, 2025
  • Applicant TANDIA FINANCIAL CREDIT UNION LIMITED
  • Commencement date 14 July 2025
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-25-00091097-0000
  • + 2 more extracted facts
PDF · Subscribers
Service List
  • Counsel Borden Ladner Gervais LLP
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., “2607315 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 21 September 2026, https://proceedings.ca/case/2607315-ontario-inc

Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/2607315-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.