2664042 Ontario Inc.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended (the "CJA")
- File
- CV-25-00034702-0000
2664042 Ontario Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file number CV-25-00034702-0000. The matter began on March 24, 2025, when a Notice of Application was issued. The record of the proceeding contains no further dated steps, and the file is now closed.
Notice of Application issued, commencing the bankruptcy proceeding against 2664042 Ontario Inc. in the Ontario Superior Court of Justice under file CV-25-00034702-0000.
Source: Application Record of the Applicant dated March 31, 2025
Debtor
2664042 Ontario Inc.
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Raikes | Ontario Superior Court of Justice | 3 orders, Jan 2026 | 3 cases on record |
| Justice Hebner | Ontario Superior Court of Justice | 2 orders, Apr 2025 | 1 case on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRoyal Bank of Canada | Harrison Pensa LLP | 15 Apr 2025 | Factum · 15 Apr 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | His Majesty the King in Right of Canada (Canada Revenue Agency) · in 12 casesTax lien registered on title to the Real Property (1000 County Road 22, Belle River, ON) — Deemed trust / statutory tax lien class - CRA tax lien registered against title to Real Property. — debtor: 2664042 Ontario Inc. | $195K | Application Record of the Applicant dated March 31, 2025 |
| 4 | Secured | Royal Bank of Canada · in 556 casesGeneral Security Agreement dated October 16, 2021 (all personal property, PPSA perfected, sole registrant confirmed); Charge/Mortgage of Land, principal sum $2,827,500.00, instrument CE1042259, registered November 1, 2021, first charge on Real Property (1000 County Road 22, Belle River, ON), governed by Standard Charge Terms 20015; Assignment of Rents, instrument CE1042260, registered November 1, 2021 — Total indebtedness comprised of four facilities under Letter Agreement dated March 1/4, 2022 (amended Aug 2, 2023 and Nov 30, 2023): Non-Revolving Term Loan 1 - credit limit $1,784,787.66, owin · as of 10 Mar 2025 | $2.04M | Application Record of the Applicant dated March 31, 2025 |
| 4 | Secured | The Corporation of the Town of LakeshoreMunicipal property tax arrears in relation to the Real Property, confirmed by tax certificate — Property tax arrears; potential prior-ranking claim over the Mortgage per terms of Financing. — debtor: 2664042 Ontario Inc. · as of 9 Oct 2024 | $11.7K | Application Record of the Applicant dated March 31, 2025 |
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.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
Approval Distribution and Discharge Order dated January 27, 2026
| ||
Approval and Vesting Order dated January 27, 2026
| ||
Endorsement of the Honourable Justice Raikes dated January 27, 2026
| ||
Endorsement of the Honourable Justice Hebner dated April 22, 2025
| ||
Order of the Honourable Justice Hebner dated April 22, 2025
| ||
Factum of the Applicant dated April 15, 2025
| ||
Application Record of the Applicant dated March 31, 2025
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2664042 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2664042-ontario-inc