Proceedings.

651098 NB Ltd.

Follow
Active
Proceeding
Receivership (private)Subsection 245(1) and 246 (1) of the Bankruptcy and Insolvency Act
Filings held2
Last activity22 Jan 2026
On the record242 days
OverviewSummary updated

651098 NB Ltd. entered private receivership on January 22, 2026, when the Business Development Bank of Canada appointed Grant Thornton Limited as private receiver under subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act. BDC held security over real property at 355 Hampton Road, Quispamsis, New Brunswick, and its debt was reported at $157,728.96 as at the appointment date, based on the Receiver's understanding of the company's records, as the Receiver was not yet in possession of the company's books and records.

Case updates2 dated entries
Parties

Debtor

651098 NB Ltd.

Receiver

Doane Grant Thornton

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesas of January 22, 2026 (Appointment Date) — Placeholder amount of $1.00 used by Receiver for unknown creditor amount; deemed trust/CRA claim - listed as secured in Receiver's table. — debtor: 651098 NB Ltd.$1Notice & Statement of the Receiver dated January 22, 2026

4 more claims across lower-ranking classes

Subscribe

Already a subscriber? Sign in.

Documents2 filings
DateDocumentFile
Letter to Tenants dated January 22, 2026
  • Applicant Business Development Bank of Canada
  • Appointee Grant Thornton Limited
  • Appointee role private receiver
  • Commencement date 22 January 2026
PDF · Subscribers
Notice & Statement of the Receiver dated January 22, 2026
  • Appointee Grant Thornton Limited
  • Appointee role private receiver
  • Commencement date 22 January 2026
  • Financial position Subscribers
  • + 5 more extracted facts
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., “651098 NB Ltd.” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/651098-nb-ltd

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/651098-nb-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.