2698408 Ontario Inc.
- Proceeding
- Receivership (court-appointed)s. 243(1) of the Bankruptcy and Insolvency Act and s. 101 of the Courts of Justice Act
- File
- CV-23-93324
- Industry
- Retail · Specialty retail
2698408 Ontario Inc. was placed in receivership by order of the Ontario Superior Court of Justice on October 19, 2023, on the application of the Business Development Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, with Raymond Chabot Inc. appointed receiver under court file CV-23-93324. The proceeding is active. The Business Development Bank of Canada held a secured claim of $674,281.25 under a general security agreement and a mortgage on real property. Unsecured creditors included Top Bedding at $23,747.00, Rocky Brands Canada Inc. at $18,749.00 and the Agence du revenu du Canada at $3,645.00.
The Ontario Superior Court of Justice appointed Raymond Chabot Inc. receiver of the company on Thursday, October 19, 2023.
Debtor
2698408 Ontario Inc.
Receiver
Raymond Chabot
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Corthorn | Ontario Superior Court of Justice | 1 order, Oct 2023 | 3 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantBusiness Development Bank of Canada | Soloway Wright LLP | 19 Oct 2023 | Order · 19 Oct 2023 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada · in 251 casesGSA and mortgage on real property — Amount consistent with $674,281 stated in Notice as amount owed on secured property as of receiver taking possession Nov 19, 2023 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $674K | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
8 more claims in 1 class The stack holds Secured 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.
| Date | Document | File |
|---|---|---|
Notice and statement of Receiver_2698408 Ontario Inc
| PDF · Subscribers | |
Receivership Order_Oct 19 2023_2698408 Ontario Inc
| 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., “2698408 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/2698408-ontario-inc