The Receiver's statement reported Business Development Bank of Canada as secured creditor for $157,728.96 against the company's real property at 355 Hampton Road, Quispamsis, New Brunswick.
651098 NB Ltd.
Follow- Proceeding
- Receivership (private)Subsection 245(1) and 246 (1) of the Bankruptcy and Insolvency Act
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.
Business Development Bank of Canada appointed Grant Thornton Limited private receiver of 651098 NB Ltd. under subsections 245(1) and 246(1) of the Bankruptcy and Insolvency Act.
Source: Notice & Statement of the Receiver dated January 22, 2026
Debtor
651098 NB Ltd.
Receiver
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| 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. | $1 | Notice & Statement of the Receiver dated January 22, 2026 |
| Date | Document | File |
|---|---|---|
Letter to Tenants dated January 22, 2026
| PDF · Subscribers | |
Notice & Statement of the Receiver dated January 22, 2026
| 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