5010980 Ontario Inc.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- CV-25-00013229-0000
5010980 Ontario Inc. was placed in court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority by an Appointment Order dated January 2, 2026, made by the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) in Ontario under court file CV-25-00013229-0000. The record of the proceeding opens and closes with that order: no subsequent steps, reports or hearings are recorded, and the file is carried as closed.
6 earlier updates, back to 2 January 2026 — subscribers.
Debtor
5010980 Ontario Inc.
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Cornell | Ontario Superior Court of Justice | 2 orders, May 2026 | 2 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Blaney McMurtry LLP | 6 May 2026 | Factum · 6 May 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Caisse Desjardins Ontario Credit Union Inc. · in 22 casesCharge/Mortgage registered January 10, 2020 as Instrument No. SD390449 over 309 Old Skead Road, Garson, Ontario (Collateral Mortgage); General Security Agreement dated January 7, 2020 over all undertaking, property and assets; PPSA registration June 13, 2025, File No. 517285674, Registration No. 20250613 1453 1590 4868. Loan Agreement dated June 7, 2021 principal advanced was $667,500.00 (original advance, not a balance). — Aggregate indebtedness stated as owing for the Collateral Mortgage as of June 10, 2025 per para. 22 of the Application/Affidavit; excludes professional fees, disbursements · as of 10 Jun 2025 | $575K | Application Record of Caisse Desjardins Ontario Credit Union Inc. returnable December 19, 2025 |
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.
Diane & Robert Boucher Family Trust: shortfall.EstimatedMotion Record of the Receiver · 6 May 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredBoucher Trust (second position secured creditor) | Diane & Robert Boucher Family Trust | — | shortfall | Estimatedper the receiver | Motion Record of the Receiver · 6 May 2026 |
| Secured | Martin Glaude | — | no distribution | Estimatedper the receiver | Motion Record of the Receiver · 6 May 2026 |
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.
1 engagement · 1 firm — BDO Canada Limited, 16 Dec 2025 – 4 May 2026Motion Record of the Receiver · 6 May 2026
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| BDO Canada LimitedReceiver | 16 Dec 2025 – 4 May 2026 | ••• | ••• | ••• | Motion Record of the Receiver · 6 May 2026 |
| Date | Document | File |
|---|---|---|
Distribution and Discharge Order of Cornell J. dated May 15, 2026
| PDF · Subscribers | |
Sale Approval and Vesting Order of Cornell J. dated May 15, 2026
| PDF · Subscribers | |
Factum of the Receiver dated May 6, 2026
| PDF · Subscribers | |
Motion Record of the Receiver dated May 6, 2026 returnable May 15, 2026
| PDF · Subscribers | |
| Application Record of Caisse Desjardins Ontario Credit Union Inc. returnable March 13, 2026 | PDF · Subscribers | |
Rectification Order of Kurke J. dated March 13, 2026
| PDF · Subscribers | |
| Factum of Caisse Desjardins Ontario Credit Union Inc. dated February 23, 2026 | PDF · Subscribers | |
| Appointment Order dated January 2, 2026 | PDF · Subscribers | |
Application Record of Caisse Desjardins Ontario Credit Union Inc. returnable December 19, 2025
| 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., “5010980 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/5010980-ontario-inc