Second Supplement to the Third Report of the Receiver dated November 19, 2025 — Court officer report
2806401 Ontario Inc. d/b/a Allied Track Services Inc.
Follow- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, C. B-3, as amended, and Section 101 of the Courts of Justice Act, R.S.O. 1990 C.C.43
- File
- CV-22-00687383-00CL
2806401 Ontario Inc., operating as Allied Track Services Inc., has been under court-appointed receivership in the Ontario Superior Court of Justice (Commercial List) since September 23, 2022, when KSV Restructuring Inc. was appointed receiver and manager on the application of PricewaterhouseCoopers Inc. under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, in court file CV-22-00687383-00CL. A preliminary creditor list prepared by the company as at August 24, 2022, and submitted without admission as to liability, shows Bridging Finance Inc., as agent, owed $59,763,690.50, with Bank of Montreal, the Canada Revenue Agency, Caterpillar Financial Services Limited, Meridian OneCap Credit Corp., Vault Credit Corporation and Wheaton Chevrolet Buick Cadillac GMC Ltd. also listed as secured, each at a nominal $1.00. Unsecured claims on that list include $1,656,114.46 to the Receiver General Technology Centre, $382,435.09 to Universal Platinum Fleet Cards and $237,610.24 to Telpay. The proceeding remains active.
Second Supplementary Motion Record of the Receiver dated November 19, 2025 — Application / notice of application
Supplementary Responding Motion Record of CN Railway dated October 8, 2024 — Response / objection pleading
50 earlier updates, back to 23 September 2022 — subscribers.
Debtor
2806401 Ontario Inc. d/b/a Allied Track Services Inc.
Receiver
AlixPartners
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 6 orders, Oct 2022 – Apr 2023 | 285 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 4 orders, Sep 2022 | 146 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverAlixPartners | Blake, Cassels & Graydon LLP | 23 Sep 2022 | Factum · 23 Sep 2022 |
| Applicant | Thornton Grout Finnigan LLP | 23 Sep 2022 | Order · 23 Sep 2022 |
| Debtor2806401 Ontario Inc. d/b/a Allied Track Services Inc. | Hc Cohen & Associates Previously Cassels Brock & Blackwell LLP (last seen 29 Sep 2022) | 29 Sep 2022 | Service list · 18 Mar 2024 |
| CreditorCanadian National Railway Corporation | Dentons Canada LLP | 18 Mar 2024 | Service list · 18 Mar 2024 |
| CreditorCanadian Pacific Railway Company | Fasken Martineau DuMoulin LLP | 18 Mar 2024 | Service list · 18 Mar 2024 |
| CreditorDanella Rental Systems, Inc | Goodmans LLP | 18 Mar 2024 | Service list · 18 Mar 2024 |
| CreditorLabourers' International Union of North America, Ontario Provincial District Council | Koskie Minsky LLP | 29 Sep 2022 | Service list · 29 Sep 2022 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesNominal $1.00 listed amount; preliminary list as submitted by the Company without admission as to liability — debtor: 2806401 Ontario Inc. · as of 24 Aug 2022 | $1 | NOI Notice to Creditors dated August 30, 2022 |
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.
4 transactions · 3 closed · 1 not completed — The Auctioneer has sold substantially all of the Equipment and Leased Assets, with proceeds significantly less than Bridging's secured loan.Trustee's Report to Creditors on preliminary administration dated… · 29 Nov 2022
| Purchaser | Price | Status | Source |
|---|---|---|---|
| unnamedequipment leased to Allied by Caterpillar, Meridian and Vault | not stated | Closeddate not stated | Second Supplement to the First Report of the… |
| unnamedequipment leased to Allied by Calmont Leasing Ltd. and Valiant Financial Services Inc. | not stated | Not completeddate not stated | Second Supplement to the First Report of the… |
| purchasers via Auctioneer's auction process for Equipment and Leased Assetssubstantially all of the Company's owned equipment, machinery, vehicles and tools (the 'Equipment') and certain of the Company's leased assets (the 'Leased Assets') · auction | Subscribers | Closed | Trustee's Report to Creditors on preliminary… |
| unnamedthe Equipment and Leased Assets | not stated | Closeddate not stated | Trustee's Report to Creditors on preliminary… |
Unsecured creditors: paid in full. Bridging a distribution · HSBC Bank Canada paid in full · Meridian paid in full.Supplementary Motion Record of the Receiver · 11 Mar 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Certain of the Company's creditors, including Canada Revenue Agency, former employees and Bridging | — | a distribution | Finalper the receiver | Third Report of the Receiver · 4 Jul 2023 |
| Secured | Bridging | — | a distributioninterim | per the receiver | Supplementary Motion Record of the Receiver · 11 Mar 2024 |
| Secured | HSBC Bank Canada | — | paid in full | Finalper the receiver | Supplementary Motion Record of the Receiver · 28 Oct 2022 |
| Secured | Meridian | — | paid in full | Finalper the receiver | Supplementary Motion Record of the Receiver · 28 Oct 2022 |
| Secured | Vic Lanoix Holdings Limited | — | paid in full | Finalper the receiver | Supplementary Motion Record of the Receiver · 28 Oct 2022 |
| Unsecured | sub-contractors | — | paid in full | per the receiver | Supplementary Motion Record of the Receiver · 11 Mar 2024 |
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: Blake, Cassels & Graydon LLP, 6 Sep – 23 Sep 2022Motion Record of the Receiver · 28 Oct 2022
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Blake, Cassels & Graydon LLPCounsel to the receiver | 6 Sep – 23 Sep 2022Approved | ••• | ••• | ••• | Motion Record of the Receiver · 28 Oct 2022 |
| KSV Restructuring Inc.Proposal trustee | 6 Sep – 23 Sep 2022Approved | — | ••• | ••• | Motion Record of the Interim Receiver · 28 Oct 2022 |
| Date | Document | File |
|---|---|---|
Second Supplement to the Third Report of the Receiver dated November 19, 2025
| PDF · Subscribers | |
| Second Supplementary Motion Record of the Receiver dated November 19, 2025 | PDF · Subscribers | |
| Supplementary Responding Motion Record of CN Railway dated October 8, 2024 | PDF · Subscribers | |
Endorsement of Justice Black dated August 21, 2024
| PDF · Subscribers | |
Receivership Service List as at March 18, 2024
| PDF · Subscribers | |
| Supplement to Third Report of the Receiver dated March 11, 2024 | PDF · Subscribers | |
Supplementary Motion Record of the Receiver dated March 11, 2024
| PDF · Subscribers | |
| Responding Record of the Canadian National Railway Corporation dated October 5, 2023 – volume 1 of 2 | PDF · Subscribers | |
| Responding Record of the Canadian National Railway Corporation dated October 5, 2023 – volume 2 of 2 | PDF · Subscribers | |
| Motion Record of the Receiver dated July 6, 2023 | PDF · Subscribers | |
Third Report of the Receiver dated July 4, 2023
| PDF · Subscribers | |
| Motion Record of the Receiver returnable April 13, 2023 | PDF · Subscribers | |
Court Order dated April 3, 2023
| PDF · Subscribers | |
Endorsement of Justice Conway dated April 3, 2023
| PDF · Subscribers | |
| Factum of the Receiver re Motion returnable April 3, 2023 | PDF · Subscribers | |
| Second Report of Receiver dated March 21, 2023 | PDF · Subscribers | |
Trustee's Report to Creditors on preliminary administration dated November 29, 2022
| PDF · Subscribers | |
Court Order Amending Approval and Vesting Order dated November 22, 2022
| PDF · Subscribers | |
Endorsement of Justice Conway dated November 22, 2022
| PDF · Subscribers | |
| Notice of Bankruptcy and First Meeting of Creditors dated November 16, 2022 | PDF · Subscribers | |
Second Supplement to the First Report of the Receiver dated November 16, 2022
| PDF · Subscribers | |
| Certificate of Appointment dated November 10, 2022 | PDF · Subscribers | |
Court Order Approving Activities and Fees dated October 28, 2022
| PDF · Subscribers | |
Court Order Approving Auction Services Agreement and Ancillary Matters dated October 28, 2022
| PDF · Subscribers | |
Endorsement of Justice Conway dated October 28, 2022
| PDF · Subscribers | |
Factum of the Receiver re Motion returnable October 28, 2022
| PDF · Subscribers | |
Motion Record of the Interim Receiver returnable October 28, 2022
| PDF · Subscribers | |
Motion Record of the Receiver returnable October 28, 2022
| PDF · Subscribers | |
| Notice of Motion of the Receiver for a Motion returnable October 28, 2022 | PDF · Subscribers | |
Supplementary Motion Record of the Receiver returnable October 28, 2022
| PDF · Subscribers | |
Supplement to the First Report of the Receiver dated October 26, 2022
| PDF · Subscribers | |
First Report of the Receiver dated October 20, 2022
| PDF · Subscribers | |
| Interim Receivership as at September 29, 2022 | PDF · Subscribers | |
NOI Service List as at September 29, 2022
| PDF · Subscribers | |
| Application Record of PricewaterhouseCoopers Inc. returnable September 23, 2022 | PDF · Subscribers | |
Court Order Approving Activities dated September 23, 2022
| PDF · Subscribers | |
Endorsement of Justice Osborne dated September 23, 2022
| PDF · Subscribers | |
| Factum of the Applicant returnable September 23, 2022 | PDF · Subscribers | |
Factum of the Interim Receiver re Motion returnable September 23, 2022
| PDF · Subscribers | |
| Motion Record of 2806401 Ontario Inc. returnable September 23, 2022 | PDF · Subscribers | |
| Motion Record of the Interim Receiver returnable September 23, 2022 | PDF · Subscribers | |
Proposal Extension Order September 23, 2022
| PDF · Subscribers | |
Receivership Order dated September 23, 2022
| PDF · Subscribers | |
| First Report of the Interim Receiver dated September 16, 2022 | PDF · Subscribers | |
| Second Report of the Proposal Trustee dated September 16, 2022 | PDF · Subscribers | |
| Aide Memoire of the Applicant returnable September 6, 2022 | PDF · Subscribers | |
Application Record of the Applicant returnable September 6, 2022
| PDF · Subscribers | |
| Court Order dated September 6, 2022 | PDF · Subscribers | |
Endorsement dated September 6, 2022
| PDF · Subscribers | |
| Factum of the Applicant returnable September 6, 2022 | PDF · Subscribers | |
| First Report of the Proposal Trustee dated September 4, 2022 | PDF · Subscribers | |
NOI Notice to Creditors dated August 30, 2022
| PDF · Subscribers | |
| Certificate of Filing of the Notice of Intention to Make a Proposal | 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., “2806401 Ontario Inc. d/b/a Allied Track Services Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/2806401-ontario-inc-d-b-a-allied-track-services-inc