#Filing
The Toronto-Dominion Bank appointed Grant Thornton Limited private receiver of 61650 Newfoundland & Labrador Inc. under subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act.
61650 Newfoundland & Labrador Inc.
FollowActive
- Proceeding
- Insolvency proceeding (type unspecified)Subsection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
Filings held1
Last activity2 Dec 2025
On the record293 days
Secured debt$642K
OverviewSummary updated
61650 Newfoundland & Labrador Inc. is under insolvency proceedings that began December 2, 2025, when the Toronto-Dominion Bank appointed Grant Thornton Limited private receiver of the company, citing subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act. TD held security over the company's present and after-acquired personal property under a general security agreement registered in the Newfoundland and Labrador personal property registry on May 3, 2019, and reported the company owed $642,269.38 on a HASCAP loan and $10,000.00 on a line of credit as at March 13, 2026, though the Receiver noted the company's books and records were incomplete. Nissan Canada Inc. was recorded as owed $161,744.23 on a vehicle loan. Among trade creditors, Minus Forty Technologies was listed at $22,108.88 and Martin Whalen Hennebury Stamp Barristers & Solicitors at $17,312.68.
Case updates1 dated entry
Parties
Debtor
61650 Newfoundland & Labrador Inc.
Court officer
Doane Grant Thornton
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesNot specified — Placeholder amount of $1.00 used by Receiver for unknown/potential creditor amounts due to incomplete books and records; actual balance not stated. Listed as secured in the March 17 letter's summary table but does not appear in the detailed Schedule A secured list; classification uncertain given incomplete records. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 4 | Secured | Toronto-Dominion Bank - HASCAP LoanGeneral Security Agreement over present and after-acquired personal property (Collateral); registered NL PPSR May 3, 2019, registration #16886780, as amended — Books and records incomplete; amounts owing may not be accurate per Receiver. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $642K | 245-246 Notice with Schedule dated March 17, 2026 |
| 4 | Secured | Nissan Canada Inc. (Vehicle Loan - Nissan) · in 8 casesVehicle loan security — Books and records incomplete; amounts owing may not be accurate per Receiver. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $162K | 245-246 Notice with Schedule dated March 17, 2026 |
| 4 | Secured | Toronto-Dominion Bank - Line of CreditGeneral Security Agreement over present and after-acquired personal property (Collateral) — Receiver states this line of credit to TD was previously repaid and bank accounts frozen around Appointment Date (Dec 2, 2025); balance per internal creditor listing as at March 13, 2026. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $10K | 245-246 Notice with Schedule dated March 17, 2026 |
| 4 | Secured | VW Credit Canada Inc. (Vehicle Loan) · in 20 casesVehicle loan security — Placeholder amount of $1.00 used by Receiver for unknown/potential creditor amounts due to incomplete books and records; actual balance not stated. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 7 | Preferred (BIA s. 136) | Workplace Health, Safety & Comp.Placeholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. Possible preferred/regulatory claim but not explicitly labelled as such in the document. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Minus Forty Technologiesdebtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $22.1K | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Martin Whalen Hennebury Stamp Barristers & Solicitorsdebtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $17.3K | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Boyneclarke Lawyersdebtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $6K | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Noseworthy Chapman · in 2 casesdebtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $3.51K | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Hariat Technologies Incorporateddebtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $616 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Canada Revenue Agency (CRA - Tax - Atlantic) · in 926 casesPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. Listed under Unsecured Creditors in Schedule A (separate from the $1.00 CRA entry listed as secured in the March 17 letter's summary table); deemed-trust class typically applies to CRA claims but document does not label it as such here. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | City of St. John's · in 6 casesPossible municipal taxes; placeholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. Not explicitly labelled preferred in the document. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Newfoundland Power · in 14 casesPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Telus Health Care Centres IncPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Sandman Hotel · in 2 casesPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Safeco Canada Inc.Placeholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Bartlett CPAPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Big Erics IncPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Cahill Plan Group Joint VenturePlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Canada Border Services Agency · in 17 casesPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Elisa Anthony Cleaning ServicesPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Enterprise Rent-A-Car · in 10 casesPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Hagerty Penashue HoldingsPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | NimbiPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Parts Town CanadaPlaceholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
| 8 | Unsecured | Permul Ltd.Placeholder amount of $1.00 for unknown/potential creditor amount; books and records incomplete. — debtor: 61650 Newfoundland & Labrador Inc. · as of 13 Mar 2026 | $1 | 245-246 Notice with Schedule dated March 17, 2026 |
Documents1 filing
| Date | Document | File |
|---|---|---|
245-246 Notice with Schedule dated March 17, 2026
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “61650 Newfoundland & Labrador Inc.” (Insolvency proceeding (type unspecified)). Retrieved 20 September 2026, https://proceedings.ca/case/61650-newfoundland-labrador-inc