37 and 85 Panache Lake Road, Espanola, Ontario
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act (BIA) and section 101 of the Courts of Justice Act (CJA)
- File
- CV-19-624071-00CL
37 and 85 Panache Lake Road, Espanola, Ontario, was placed in receivership by order of the Ontario Superior Court of Justice on July 30, 2019, 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 RSM Canada Limited appointed receiver and manager under court file CV-19-624071-00CL. The proceeding is active. The Business Development Bank of Canada held a secured claim of $1,125,993.73 against the property, and Kamich Steel Systems Inc. one of $115,482.00. Other secured claimants included the Workplace Safety and Insurance Board at $16,345.45, the Town of Espanola for $12,938.56 in municipal taxes, and the Canada Revenue Agency.
Discharge Order dated September 18, 2020 and Endorsement dated September 20, 2020 — Endorsement / reasons
Motion Record of the Applicant returnable September 18, 2020 — Application / notice of application
The Ontario Superior Court of Justice appointed RSM Canada Limited receiver and manager over the property on July 30, 2019.
Debtor
37 and 85 Panache Lake Road, Espanola, Ontario
Receiver
RSM Canada
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Hainey | Ontario Superior Court of Justice | 1 order, Sep 2020 | 211 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Chaitons LLP | 18 Sep 2020 | Endorsement · 18 Sep 2020 |
| CreditorBusiness Development Bank of Canada | Chaitons LLP | 7 Aug 2019 | Service list · 7 Aug 2019 |
| CreditorKamich Steel Inc | Desmarais, Keenan LLP | 7 Aug 2019 | Service list · 7 Aug 2019 |
| CreditorRSM Canada Limited | Miller Thomson LLP | 7 Aug 2019 | Service list · 7 Aug 2019 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesas of receivership appointment date — Security interest against 37 and 85 Panache Lake Road, Espanola, Ontario — Amount owed stated as 'Unknown' by the Receiver; deemed trust/CRA claim — debtor: Greenhouses Canada Inc. | — | Amended Notice and Statement of Receiver dated August 9, 2019 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
5 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount, drawn to scale.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
| Receiver's Discharge Certificate | PDF · Subscribers | |
Discharge Order dated September 18, 2020 and Endorsement dated September 20, 2020
| PDF · Subscribers | |
| First and Final Report of the Receiver dated September 14, 2020 | PDF · Subscribers | |
| Motion Record of the Applicant returnable September 18, 2020 | PDF · Subscribers | |
Amended Notice and Statement of Receiver dated August 9, 2019
| PDF · Subscribers | |
Service List as of August 7, 2019
| PDF · Subscribers | |
Application Record returnable July 30, 2019
| PDF · Subscribers | |
Receivership order dated July 30, 2019
| 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., “37 and 85 Panache Lake Road, Espanola, Ontario” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/37-and-85-panache-lake-road-espanola-ontario