5002090 Ontario Inc.
Follow- Proceeding
- Insolvency proceeding (type unspecified)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
5002090 Ontario Inc., an Ontario company, remains in active insolvency proceedings in which the only property described is cash of $32,000 as at November 9, 2021, with no aggregate liability figure stated. Bank of Montreal, holding a general security agreement, was owed an estimated $178,490 as at that date. The creditor list attached to the receiver's notice and statement records the same $178,490 balance for Bank of Montreal on the unsecured side as well, and identifies the Canada Revenue Agency and Pro Oil Canada Partnership, LP as unsecured creditors with amounts shown as unknown.
Debtor
5002090 Ontario Inc.
Court officer
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 279 casesGeneral Security Agreement — Estimated amount owed as at receivership appointment date — debtor: 5002090 Ontario Inc. · as of 9 Nov 2021 | $178K | Section 245 Notice |
| 8 | Unsecured | Bank of Montreal · in 279 casesListed on unsecured creditor list despite also holding security (GSA); same balance as secured claim — debtor: 5002090 Ontario Inc. · as of 9 Nov 2021 | $178K | Section 245 Notice |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesAmount listed as 'Unknown' — debtor: 5002090 Ontario Inc. | — | Section 245 Notice |
| 8 | Unsecured | Pro Oil Canada Partnership, LPAmount listed as 'Unknown' — debtor: 5002090 Ontario Inc. | — | Section 245 Notice |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Closed · the record states no distribution outcome.
As at 9 Nov 2021 · per Receiver's description of Property at appointment · 5002090 Ontario Inc. - Property under receivership (Cash only) — Only 'Property' described is Cash of $32,000; total liabilities not stated in aggregate
| Date | Document | File |
|---|---|---|
Section 245 Notice
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “5002090 Ontario Inc.” (Insolvency proceeding (type unspecified)). Retrieved 20 September 2026, https://proceedings.ca/case/5002090-ontario-inc