2629638 Ontario Inc.
- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
2629638 Ontario Inc. is in a privately appointed receivership under subsection 245 and 246(1) of the Bankruptcy and Insolvency Act. MNP Ltd. became receiver on June 29, 2022, pursuant to security held by the Toronto-Dominion Bank, which was owed an estimated $180,000 secured by a mortgage and general security agreement. The Municipality of Powassan holds security on the property for an estimated $68,000 in unpaid municipal taxes. The Canada Revenue Agency's claim against the company is listed as unknown.
Debtor
2629638 Ontario Inc.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Toronto-Dominion Bank · in 48 casesMortgage and General Security Agreement — Estimated amount owed as stated; receiver appointed pursuant to this security — debtor: 2629638 Ontario Inc. | $180K | S245 Notice & Statement of Receiver |
| 4 | Secured | |||
| 8 | Unsecured |
2 more claims in 2 classes The stack holds Secured and Unsecured claims.
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See all plansClosed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
S245 Notice & Statement of Receiver
| PDF · Subscribers | |
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CiteProceedings., “2629638 Ontario Inc.” (Receivership (private)). Retrieved 4 November 2026, https://proceedings.ca/case/2629638-ontario-inc