2694272 Ontario Ltd.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- File
- CV-26-00001495-00000
- Industry
- Retail · Vehicle dealers
2694272 Ontario Ltd. was placed in court-appointed receivership by the Ontario Superior Court of Justice on July 24, 2026, under court file no. CV-26-00001495-00000. The application was brought by Caisse Desjardins Ontario Credit Union Inc., which put its aggregate indebtedness under two loan agreements at $2,113,781.11 as of May 28, 2026, excluding professional fees, disbursements and HST and continuing to accrue interest. The Caisse holds collateral mortgages, an assignment of rents, a general security agreement and a PPSA registration over the company and its personal property, including lands at 45025 Talbot Line, St. Thomas, Ontario. The Municipality of Central Elgin claims a statutory lien of $29,694.11 in municipal property tax arrears on that property as of May 14, 2026. Royal Bank of Canada, Vault Credit Corporation, Kubota Canada Ltd., Ford Credit Canada Leasing and Merchant Opportunities Canada Limited Partnership are also named as secured creditors on the service list.
First Report of the Receiver dated September 9, 2026 (for motion returnable September 18, 2026) — Court officer report
Motion Record of the Receiver (for motion returnable September 18, 2026) — Application / notice of application
Receivership order made over 2694272 Ontario Ltd., placing the company and its property, including the 45025 Talbot Line lands in St. Thomas, under court-appointed receivership.
Source: Court Order of Justice Kalajdzic dated July 24, 2026 (Receivership Appointment Order)
Application Record of Caisse Desjardins Ontario Credit Union Inc. (for application returnable July 9, 2026 was filed. Court file CV-26-00001495-0000.
Case update
Auto Haven: one offer for Talbot Line, signed twice
In its first report, the receiver of 2694272 Ontario Ltd. asks the court to approve a $1,525,000 sale of the company's vacant St. Thomas building to the buyer the company found in June, re-signed on the receiver's own agreement at the same price with no further sales process, while $2,158,551.57 is owed to Caisse Desjardins.
Debtor
2694272 Ontario Ltd.
Receiver
Albert Gelman
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kalajdzic | Ontario Superior Court of Justice | 2 orders, Jul 2026 | 5 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverAlbert Gelman | Miller Thomson LLP | 18 Sep 2026 | Factum · 14 Sep 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesCrown deemed trust priority over Caisse Mortgages — Deemed trust class - Source Deduction Deemed Trust Amount (income tax, CPP, EI) per CRA statement of account; no proof of claim filed. Separately, CRA GST/HST arrears of $40,395.30 as of same date had $0 deemed trust portion. Will not continue to accrue after Aug 21, 2026 as Company ceased operating. — debtor: 2694272 Ontario Ltd. · as of 21 Aug 2026 | $33.6K | First Report of the Receiver dated September 9, 2026 (for motion returnable September 18, 2026) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
10 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, PMSI / lessors 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.
Secured creditors: no distribution. CRA paid in full · Caisse short.EstimatedFirst Report of the Receiver dated September 9, 2026 (for motion · 9 Sep 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in full | Estimatedper the receiver | First Report of the Receiver dated September 9, 2026 (for motion · 9 Sep 2026 |
| Secured | other secured or unsecured creditors | — | no distributionconditional | Estimatedper the receiver | First Report of the Receiver dated September 9, 2026 (for motion · 9 Sep 2026 |
| Secured | Caisse | — | shortfall | Estimatedper the receiver | First Report of the Receiver dated September 9, 2026 (for motion · 9 Sep 2026 |
| Equity | — | — | no recovery | per the receiver | First Report of the Receiver dated September 9, 2026 (for motion · 9 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.
2 engagements · 2 firms — latest: Miller Thomson LLP, 24 Jul – 21 Aug 2026, soughtMotion Record of the Receiver (for motion · 9 Sep 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Albert Gelman Inc.Receiver | —Sought | Motion Record of the Receiver (for motion · 9 Sep 2026 | |||
| Miller Thomson LLPCounsel to the receiver | 24 Jul – 21 Aug 2026Sought | Motion Record of the Receiver (for motion · 9 Sep 2026 |
6 blurred figures above
What each firm billed — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Factum of the Receiver (for motion returnable September 18, 2026)
| PDF · Subscribers | |
First Report of the Receiver dated September 9, 2026 (for motion returnable September 18, 2026)
| PDF · Subscribers | |
Motion Record of the Receiver (for motion returnable September 18, 2026)
| PDF · Subscribers | |
Court Order of Justice Kalajdzic dated July 24, 2026 (Receivership Appointment Order)
| PDF · Subscribers | |
Endorsement of Justice Kalajdzic dated July 24, 2026
| PDF · Subscribers | |
| Service List as of July 24, 2026 | PDF · Subscribers | |
Application Record of Caisse Desjardins Ontario Credit Union Inc. (for application returnable July 9, 2026
| 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., “2694272 Ontario Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2694272-ontario-ltd