8438048 Canada Inc.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended, and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-24-00729834-00CL
OverviewSummary updated
8438048 Canada Inc. is the subject of an insolvency proceeding under the Bankruptcy and Insolvency Act before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), commenced on December 4, 2024 under court file number CV-24-00729834-00CL. The proceeding began that same day with a receivership order granted by the court. The matter remains active, and the record discloses no steps taken after the December 4, 2024 order.
Proceedings AIAsk this case — answers cite the filings
Case updates29 dated entries
26 earlier updates, back to 4 December 2024 — subscribers.
Parties
Debtor
8438048 Canada Inc.
Receiver
BDO
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Penny | Ontario Superior Court of Justice | 4 orders, Mar 2025 | 179 cases on record |
| Justice Conway | Ontario Superior Court of Justice | 3 orders, Apr 2025 – May 2025 | 285 cases on record |
| Justice Black | Ontario Superior Court of Justice | 3 orders, Dec 2024 – Jan 2025 | 176 cases on record |
| Justice Osborne | Ontario Superior Court of Justice | 2 orders, May 2025 | 146 cases on record |
Counsel of record
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian Western Bank · in 80 casesGeneral security agreement dated July 24, 2023 over all present and after-acquired property of AMG; security agreements over equipment and motor vehicles financed pursuant to equipment loans — Stated as 'approximately' CAD$6,399,155 inclusive of accrued interest and costs, per Hamblin Affidavit sworn Nov 14, 2024. Also secured by personal guarantee of Narinder Shoker (director), dated July 28, 2023 (guarantor, not a separate secured creditor - individual). A separate 'Schedule B' creditor listing (undated) elsewhere in the record shows CWB's claim as $5,138,802.03 CAD, a different figure with · as of 12 Nov 2024 | $6.4M | Motion Record of Receiver dated February 28 2025 - Volume 1 of 4 |
219 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings
Sale approved — Auction Agreement approved and vesting authorizedOrder (Sale Approval and Lien Discharge) dated May 16, 2025 · 16 May 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers of Vehicles at auction, unnamedthe Vehicles · auction | not stated | Approved16 May 2025 | Order (Sale Approval and Lien Discharge) dated… |
AdvisorsRitchie Bros. Auctioneers (auctioneer)Order (Sale Approval and Lien Discharge) dated May 16, 2025
Sealed materialsConfidential Appendix to the Receiver's Second ReportOrder (Sale Approval and Lien Discharge) dated May 16, 2025
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents
29 filings
| Date | Document | File |
|---|---|---|
Auction Sale Approval and Lien Discharge Order - Updated Schedule A - 17-MAR-2026
| PDF · Subscribers | |
Auction Sale Approval and Lien Discharge Order - Updated Schedule A - dated September 2, 2025
| PDF · Subscribers | |
Service List - dated September 2, 2025
| PDF · Subscribers | |
Service List – dated May 21, 2025
| PDF · Subscribers | |
Order dated May 20, 2025
| PDF · Subscribers | |
Endorsement dated May 16, 2025
| PDF · Subscribers | |
Order (Sale Approval and Lien Discharge) dated May 16, 2025
| PDF · Subscribers | |
| Third Supplemental Motion Record of Receiver dated May 14, 2025 | PDF · Subscribers | |
| Motion Record, dated May 7, 2025 | PDF · Subscribers | |
Canadian Western Bank v 8438048 Canada Inc. - Signed Order dated April 8 2025
| PDF · Subscribers | |
Canadian Western Bank v. 8438048 Canada Inc. -Endorsement dated April 8 2025
| PDF · Subscribers | |
| Supplemental Motion Record of Receiver dated April 4, 2025 | PDF · Subscribers | |
Service List – dated March 26, 2025
| PDF · Subscribers | |
Asset Recover Order dated March 11, 2025
| PDF · Subscribers | |
Bankruptcy Assignment Order dated March 11, 2025
| PDF · Subscribers | |
Endorsement dated March 11, 2025
| PDF · Subscribers | |
Examination and Production Order dated March 11, 2025
| PDF · Subscribers | |
Supplemental Motion Record of Receiver dated March 10, 2025
| PDF · Subscribers | |
Service List - dated March 6, 2025
| PDF · Subscribers | |
Motion Record of Receiver dated February 28 2025 - Volume 1 of 4
| PDF · Subscribers | |
| Motion Record of Receiver dated February 28 2025 - Volume 2 of 4 | PDF · Subscribers | |
| Motion Record of Receiver dated February 28 2025 - Volume 3 of 4 | PDF · Subscribers | |
| Motion Record of Receiver dated February 28 2025 - Volume 4 of 4 | PDF · Subscribers | |
Amended and Restated Receivership Order dated January 16, 2025
| PDF · Subscribers | |
Endorsement dated January 16, 2025
| PDF · Subscribers | |
Receiver's Initial Notice and Statement
| PDF · Subscribers | |
Service List dated December 12 2024
| PDF · Subscribers | |
Receivership Order - dated December 4, 2024
| PDF · Subscribers | |
Service List - dated December 4, 2024
| 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., “8438048 Canada Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/8438048-canada-inc