#Claims
On October 19, 2023, Raymond Chabot Inc. took up the receivership and a claims process for creditors was approved.
Source: Notice and statement of Receiver_2698408 Ontario Inc
2698408 Ontario Inc.
FollowActive
- 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
Filings held2
Last activity19 Oct 2023
On the record1,068 days
Secured debt$674K
OverviewSummary updated
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.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
#Order
The Ontario Superior Court of Justice appointed Raymond Chabot Inc. receiver of the company on Thursday, October 19, 2023.
Parties
Debtor
2698408 Ontario Inc.
Receiver
Raymond Chabot
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Corthorn | Ontario Superior Court of Justice | 1 order, Oct 2023 | 2 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 |
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada · in 241 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 | Top Bedding · in 2 casesFile number 1311858 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $23.7K | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | Rocky Brands Canada Inc. · in 2 casesRef 921161 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $18.7K | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | Agence du revenu du Canada (ON-NB) · in 719 casesRP & RT 790581136 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $3.65K | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | Canada Post · in 32 casesAccount 9170010 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $2.35K | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | Bell Canada (commercial) · in 298 casesAccount 6133863514(252) — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $1.04K | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | 681021 Ontario Ltd. (Petro Propane) · in 2 casesRef CFP2078WiltonTack — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $872 | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | Kingston Online Services Inc. · in 2 casesRef DB311056 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $678 | Notice and statement of Receiver_2698408 Ontario Inc |
| 8 | Unsecured | Hydro One Networks Inc. · in 48 casesAccount 200247206891 — debtor: 2698408 Ontario Inc. · as of 30 Oct 2023 | $1 | Notice and statement of Receiver_2698408 Ontario Inc |
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.
Documents2 filings
| Date | Document | File |
|---|---|---|
Notice and statement of Receiver_2698408 Ontario Inc
| ||
Receivership Order_Oct 19 2023_2698408 Ontario Inc
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “2698408 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2698408-ontario-inc