A receivership order was granted, on the application of Tandia Financial Credit Union Limited. Court file CV-25-00090460-0000.
Source: Order of the Honourable Justice MacNeil dated October 2, 2025
9259929 Canada Inc. is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), under court file number CV-25-00090460-0000. The proceeding was commenced by an application filed electronically on May 28, 2025. The record before this page contains no further dated steps in the Ontario file.
A receivership order was granted, on the application of Tandia Financial Credit Union Limited. Court file CV-25-00090460-0000.
Source: Order of the Honourable Justice MacNeil dated October 2, 2025
Supplementary Application Record dated September 11, 2025 — Application / notice of application
Application Record of the Applicant dated June 5, 2025 Part 2 — Application / notice of application
Application Record of the Applicant dated June 5, 2025 Part 3 — Application / notice of application
Application Record of the Applicant dated June 5, 2025 Part 4 — Application / notice of application
Application Record of the Applicant dated June 5, 2025 Part 5 — Application / notice of application
Application filed electronically, commencing the Ontario bankruptcy proceeding under court file CV-25-00090460-0000.
Source: Application Record of the Applicant dated June 5, 2025 Part 1
Debtor
9259929 Canada Inc.
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice MacNeil | Ontario Superior Court of Justice | 1 order, Oct 2025 | 10 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorTandia Financial Credit Union Limited | Aird & Berlis LLP | 23 Sep 2025 | Factum · 23 Sep 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Tandia Financial Credit Union Limited · in 7 casesGeneral Security Agreement dated Oct 4, 2021 (all present/future property, registered under PPSA); Cannon Charge - collateral mortgage in the registered amount of $1,825,000.00 on Cannon Property; Barton Charge - collateral mortgage in the registered amount of $1,600,000.00 on Barton Property; General Assignments of Rents (Cannon and Barton Properties, registered under land registry and PPSA) — First-ranking secured creditor over both Real Properties. Indebtedness figure is total owing by Debtor and Guarantor under Credit Agreement as set out in Demands and BIA Notice, exclusive of legal fees, · as of 7 Apr 2025 | $3.38M | Application Record of the Applicant dated June 5, 2025 Part 1 |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
6 more claims in 1 class The stack holds Secured claims.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
Order of the Honourable Justice MacNeil dated October 2, 2025
| PDF · Subscribers | |
Factum of the Applicant dated September 23, 2025
| PDF · Subscribers | |
| Supplementary Application Record dated September 11, 2025 | PDF · Subscribers | |
Application Record of the Applicant dated June 5, 2025 Part 1
| PDF · Subscribers | |
| Application Record of the Applicant dated June 5, 2025 Part 2 | PDF · Subscribers | |
| Application Record of the Applicant dated June 5, 2025 Part 3 | PDF · Subscribers | |
| Application Record of the Applicant dated June 5, 2025 Part 4 | PDF · Subscribers | |
Application Record of the Applicant dated June 5, 2025 Part 5
| 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., “9259929 Canada Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/9259929-canada-inc
Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/9259929-canada-inc
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.