2696214 Ontario Corporation
FollowActive
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 32-3315067
Filings held5
Last activity31 Dec 2025
On the record271 days
Secured debt$98.5K
OverviewSummary updated
2696214 Ontario Corporation filed an assignment in bankruptcy on December 24, 2025, commencing a proceeding under the Bankruptcy and Insolvency Act in Ontario under court file number 32-3315067. The bankruptcy remains active. The record to date consists of the assignment and a court officer report filed the same day; nothing further has been entered, and no information about the Company's assets, its creditors or the administration of the estate has been drawn from the filings.
Proceedings AIAsk this case — answers cite the filings
Case updates5 dated entries
#Report
The Company filed an assignment in bankruptcy, commencing the BIA proceeding in Ontario under file number 32-3315067; a court officer report was filed the same day.
Source: Trustee Preliminary Report
Parties
Debtor
2696214 Ontario Corporation
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Scotiabank · in 54 cases2025 Hyundai Palisade vehicle (VIN KM8R5DGE7SU8747748), asset #801 per Schedule of Assets — Financing on specific vehicle; matches SOA reported total secured creditors of $98,548.77. — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 2 Jan 2024 | $98.5K | Notice to Creditors |
| 5 | PMSI / lessors | PPSA equipment financiers (PMSI class) · in 183 casesVarious serialized equipment (Hino box trucks - 2017, 2021, 2024 models) financing arrangements — Aggregates: Compass Equipment Finance Inc. (Hino box truck 2024), Mitsubishi HC Capital Canada Leasing Inc./formerly CLE Capital Inc. (Hino box truck 2024), Toyota Industries Commercial Finance Canada Inc./formerly LiftCapital Corporation (Hino box truck 2024), Toyota Industries Commercial Finance Canada Inc. (Hino box truck 2021), Vault credit (Hino box truck 2017), Fleet trucking (Financing), and Titan GPS trucking (Financing). All are reported at $0.00 in the SOA with a 'placeholder' flag indic | — | Notice to Creditors |
| 8 | Unsecured | 2393978 Ontario Corporation o/a TK Liquidation and Auction LimitedContingent claim - lawsuit; related-sounding entity name (o/a TK Liquidation and Auction) - possible related party, not confirmed by document — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $13M | Notice to Creditors |
| 8 | Unsecured | 2204240 Ontario LtdContingent claim - lawsuit; includes $203,738.26 interest compounded monthly at 8% annually — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $504K | Notice to Creditors |
| 8 | Unsecured | Bank of Montreal · in 279 casesLine of Credit; classified unsecured per SOA despite being a bank facility — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $450K | Notice to Creditors |
| 8 | Unsecured | SmartCentresStorage — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $357K | Notice to Creditors |
| 8 | Unsecured | 1000509015 Ontario Limited, Islam Fawaghere and Taisir Fawaghere c/o WeirFoulds LLPContingent claim - lawsuit, reported under SOA 'Contingent, trust claims or other liabilities' category, not yet resolved — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $253K | Notice to Creditors |
| 8 | Unsecured | CRA - GST/HST - Jonquiere · in 12 casesDeemed trust class (CRA GST/HST indebtedness) — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $134K | Notice to Creditors |
| 8 | Unsecured | Lightspeed · in 4 casesCash advance — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $131K | Notice to Creditors |
| 8 | Unsecured | RBC Royal Bank c/o Bankruptcy Highway.com · in 6 casesCEBA Loan — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $57K | Notice to Creditors |
| 8 | Unsecured | Merinos Carpet Inc.Accounts payable — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $50K | Notice to Creditors |
| 8 | Unsecured | 15657377 Canada Inc.Contingent claim - lawsuit — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $50K | Notice to Creditors |
| 8 | Unsecured | BMO Bank of Montreal (formerly MBanx) c/o Bankruptcy Highway.com · in 40 casesVisa; nature of liability listed as 'Bank Loans except real property mortgage' — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $50K | Notice to Creditors |
| 8 | Unsecured | American Express c/o FCT Default Solutions · in 46 casesCredit card — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $36.9K | Notice to Creditors |
| 8 | Unsecured | Alectra Utilities (formerly Horizon Utilities Corporation) · in 39 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $34.5K | Notice to Creditors |
| 8 | Unsecured | Sunshine Consulting and Mentoring CorporationContingent claim - lawsuit — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $30.9K | Notice to Creditors |
| 8 | Unsecured | York 1 Waste ManagementContingent claim - lawsuit (Lawsuit-54080i) — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $28.6K | Notice to Creditors |
| 8 | Unsecured | RBC Royal Bank Visa c/o Bankruptcy Highway.com · in 7 casesVisa — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $22K | Notice to Creditors |
| 8 | Unsecured | Enbridge Gas Distribution - Ontario · in 54 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $12.2K | Notice to Creditors |
| 8 | Unsecured | Salama Enterprises Inc.Contingent claim - lawsuit — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $11.3K | Notice to Creditors |
| 8 | Unsecured | Toronto Hydro-Electric Systems Limited · in 20 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $10.4K | Notice to Creditors |
| 8 | Unsecured | Ministry of Finance · in 107 casesEmployer Health Tax (EHT) - provincial tax liability — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $10K | Notice to Creditors |
| 8 | Unsecured | RBC Royal Bank · in 52 casesOverdraft — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $10K | Notice to Creditors |
| 8 | Unsecured | GrandBridge Energy Inc. (formerly Cambridge and North Dumfries Hydro Inc.) · in 3 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $7.85K | Notice to Creditors |
| 8 | Unsecured | Superpass · in 6 casesAccounts payable — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $3.42K | Notice to Creditors |
| 8 | Unsecured | Oshawa Power (formerly Oshawa PUC Networks Inc.) · in 4 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $1.16K | Notice to Creditors |
| 8 | Unsecured | London Hydro - Collections Department · in 2 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $584 | Notice to Creditors |
| 8 | Unsecured | Rogers Communications / CBV Collection · in 23 casesUtilities — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $124 | Notice to Creditors |
| 8 | Unsecured | Cogeco Bankruptcies c/o FCT Default Solutions · in 5 casesAccounts payable — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $114 | Notice to Creditors |
| 8 | Unsecured | Sutherland LawLawsuit; SOA reports $0.00 without placeholder flag — debtor: 2696214 Ontario Corporation (o/a TK Home) · as of 23 Dec 2025 | $0 | Notice to Creditors |
| 8 | Unsecured | Workplace Safety and Insurance Board · in 164 casesWSIB; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | Philips ConstructionLandlord; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | elexicon Energy (formerly Whitby Hydro Electric Corporation) · in 12 casesUtilities; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | City of Richmond Hill - Taxes and WaterMunicipal taxes; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | Export Development Canada · in 99 casesCEBA Loan with RBC; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | Burlington Hydro Inc. · in 8 casesUtilities; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | Abbas BigdeliLandlord claim; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
| 8 | Unsecured | The Strongman GroupLandlord; SOA marks $0.00 as 'placeholder - for notification only', amount not stated — debtor: 2696214 Ontario Corporation (o/a TK Home) | — | Notice to Creditors |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedTrustee Preliminary Report · 13 Jan 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Trustee Preliminary Report · 13 Jan 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.
Estate financialsReported figures — never derived
Total assets at filing$98.5K
Total liabilities at filing$15.4M
As at 23 Dec 2025 · per Statement of Affairs - totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor · entity - 2696214 Ontario Corporation (o/a TK Home), single debtor — Comprised of: Secured creditors $98,548.77; Preferred creditors, securities and priorities $0.00; Unsecured creditors $1,378,551.71; Contingent, trust claims or other liabilities estimated to be provable for $13,877,966.14. Stated deficiency $15,256,517.85.
Documents5 filings
| Date | Document | File |
|---|---|---|
Trustee Preliminary Report
| ||
| Tear sheet | ||
Affidavit of Mailing
| ||
Certificate of Appointment
| ||
Notice to Creditors
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2696214 Ontario Corporation” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2696214-ontario-corporation