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.
The court granted an approval and vesting order for the sale to Victoria Professional Centre Inc. Closing terms, as extracted: Vesting effective upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
Source: Approval and Vesting Order – Dated September 17, 2026
Amended Notice of Motion – Dated September 4, 2026 – Returnable September 17, 2026 — Application / notice of application
Motion Record – Dated September 4, 2026 – Returnable September 17, 2026 — Application / notice of application
First Report of the Receiver (without appendices) – Dated September 3, 2026 — Court officer report
Notice and Statement of Receiver – Dated February 11, 2026 — Notice of receiver (s. 245 / Form 87)
Supplemental Application Record – Dated January 19, 2026 – Returnable January 29, 2026 — Application / notice of application
Application Record – Dated July 16, 2025 – Returnable July 29, 2025 was filed. Court file CV-25-00091097-0000.
Source: Application Record – Dated July 16, 2025 – Returnable July 29, 2025
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.
Debtor
2607315 Ontario Inc.
Receiver
Bricks Damiani
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Bordin | Ontario Superior Court of Justice | 3 orders, Sep 2026 | 8 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBricks Damiani | Borden Ladner Gervais LLP | 16 Jul 2025 | Service list · 16 Jul 2025 |
| Debtor2607315 Ontario Inc. | Book Erskine LLP | 16 Jul 2025 | Service list · 16 Jul 2025 |
| CreditorTandia Financial Credit Union Limited | Aird & Berlis LLP | 16 Jul 2025 | Application · 4 Sep 2026 |
| CreditorTandia Financial Credit Union Limited A329 | Aird & Berlis LLP | 29 Jan 2026 | Order · 29 Jan 2026 |
| CreditorVictoria Professional Centre Inc | Worrad Murray & Associates | 4 Sep 2026 | Application · 4 Sep 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Tandia Financial Credit Union Limited · in 7 casesCollateral charge/mortgage on 353 St. Paul Avenue, Brantford (registered charge BC446872 in principal amount of $2,200,000, dated 2023-01-10); PPSA registration against all personal property of the Debtor; personal guarantee — Senior secured lender; amount exclusive of legal fees, disbursements and accruing interest, and before any advances made to the receivership estate; Receiver obtained independent Security Opinion (BLG) confirming validity/enforceability subject to customary assumptions and qualifications; Debtor's obligations personally guaranteed by Ganni (individual) pursuant to unlimi · as of 28 Aug 2026 | $2.62M | Motion Record – Dated September 4, 2026 – Returnable September 17, 2026 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
8 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
2 transactions · 1 proposed · 1 approved — The 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
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Victoria Professional Centre Inc.the Real Property · real property · agreement 28 Jul 2026 | Sealed | Proposed | First Report of the Receiver (without… |
| Victoria Professional Centre Inc.the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 23 Jul 2026 | not stated | Approved17 Sep 2026 | Approval and Vesting Order – Dated September… |
Tandia Financial Credit Union Limited: shortfall.EstimatedFirst Report of the Receiver (without appendices) · 3 Sep 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredTandia Indebtedness | Tandia Financial Credit Union Limited | shortfall | Estimatedper the receiver | First 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 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Ancillary Order – Dated September 17, 2026
| PDF · Subscribers | |
Approval and Vesting Order – Dated September 17, 2026
| PDF · Subscribers | |
Endorsement of Justice Bordin – Dated September 17, 2026
| PDF · Subscribers | |
Amended Notice of Motion – Dated September 4, 2026 – Returnable September 17, 2026
| PDF · Subscribers | |
Motion Record – Dated September 4, 2026 – Returnable September 17, 2026
| PDF · Subscribers | |
First Report of the Receiver (without appendices) – Dated September 3, 2026
| PDF · Subscribers | |
Notice and Statement of Receiver – Dated February 11, 2026
| PDF · Subscribers | |
Receivership Order – Dated January 29, 2026
| PDF · Subscribers | |
| Supplemental Application Record – Dated January 19, 2026 – Returnable January 29, 2026 | PDF · Subscribers | |
Application Record – Dated July 16, 2025 – Returnable July 29, 2025
| PDF · Subscribers | |
Service List
| 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 5 November 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.