Proceedings.

2629638 Ontario Inc.

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Closed
Proceeding
Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity29 Jun 2022
On the record1,545 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates1 dated entry
Parties

Debtor

2629638 Ontario Inc.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredToronto-Dominion Bank · in 48 casesMortgage and General Security Agreement — Estimated amount owed as stated; receiver appointed pursuant to this security — debtor: 2629638 Ontario Inc.$180KS245 Notice & Statement of Receiver

2 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents1 filing
DateDocumentFile
S245 Notice & Statement of Receiver
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 29 June 2022
  • Financial position Subscribers
  • + 4 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “2629638 Ontario Inc.” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/2629638-ontario-inc

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/2629638-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.