Proceedings.

B4R Properties Group et al

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
File
CV-25-00089290-0000
Filings held15
Last activity25 Aug 2026
On the record543 days
Secured debtSubscribers
OverviewSummary updated

B4R Properties Group and related entities have been under court-appointed receivership since March 27, 2025, when the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) granted a receivership order under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The matter proceeds on court file CV-25-00089290-0000 in Ontario. The receivership remains active. The record before this page carries no steps after the appointment order, and no further hearing, report or realization activity has been entered on it.

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Case updates15 dated entries

12 earlier updates, back to 27 March 2025 subscribers.

Case update

B4R Properties Group: the fifth sale approved, and a distribution to Desjardins

Seventeen months after Caisse Desjardins Ontario Credit Union Inc. put two landlords with 13 rental properties in Sault Ste. Marie and Sudbury into receivership over $3,417,933 of debt, Justice McArthur has approved the fifth sale — a duplex listed at $264,900 that waited eight months for its first offer — and authorized BDO's first distribution to the credit union, which the receiver says has taken a shortfall on every property sold.

Parties

Debtor

B4R Properties Group et al

Receiver

BDO

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCaisse Desjardins Ontario Credit Union Inc. · in 22 casesCollateral mortgages registered against thirteen (13) Real Properties in Sault Ste. Marie and Sudbury, Ontario, plus assignments of rent for each Real Property — Aggregate indebtedness as of Jan 31, 2025, not including professional fees; remains outstanding as of Fourth Report. First-in-time secured creditor on all Real Properties. — debtor: B4R Properties Group – SSM Inc. and 15465737 Canada Inc. · as of 31 Jan 2025$3.42MMotion record of the Receiver returnable August 25, 2026

This 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.

7 more claims across lower-ranking classes

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RecoveriesAs declared or paid

Caisse Desjardins Ontario Credit Union Inc.: shortfall.FinalMotion record of the Receiver · 13 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredCaisse Desjardins Ontario Credit Union Inc.shortfallFinalper the receiverMotion record of the Receiver · 13 Aug 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Fees and ratesAs stated in the filings

4 engagements · 3 firmslatest: BDO Canada Limited, 1 Jan – 31 Jul 2026Motion record of the Receiver · 25 Aug 2026

FirmPeriodHoursFeesRatesSource
BDO Canada LimitedReceiver1 Jan – 31 Jul 2026•••••••••Motion record of the Receiver · 25 Aug 2026
BDO Canada LimitedReceiverfirm not named in the heading7 Mar – 31 Dec 2025•••••••••4 peopleMotion Record of the Receiver · 29 Jan 2026
Spetter Zeitz Klaiman PCCounsel to the receiverperiod 2 of 24 Feb – 7 Jul 2026•••Motion record of the Receiver · 25 Aug 2026
Spetter Zeitz Klaiman PCCounsel to the receiverperiod 1 of 2to 31 Dec 2025••••••2 peopleMotion Record of the Receiver · 29 Jan 2026

31 stated figures across 4 engagements, each sourced

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Documents
15 filings
DateDocumentFile
Motion record of the Receiver returnable August 25, 2026
  • Recovery outcome Entries: per estimated; per actual · Stated on: 2026-08-13 · Table missing:
  • Fee schedule · Financial position · Secured creditors Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Order of McArthur, J. dated August 25, 2026
  • Presiding officer Justice McArthur
PDF · Subscribers
Factum of the ReceiverPDF · Subscribers
Motion Record of the Receiver returnable June 2, 2026
  • Recovery outcome Entries: per estimated · Stated on: 2026-05-26 · Table missing:
PDF · Subscribers
Order of Goodman, J. dated June 2, 2026
  • Presiding officer Justice Goodman
PDF · Subscribers
Service ListPDF · Subscribers
Motion Record of the Receiver returnable January 29, 2026
  • Recovery outcome Entries: per estimated · Stated on: 2026-01-19 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Order of Krawchenko, J. dated January 29, 2026
  • Presiding officer Justice Krawchenko
PDF · Subscribers
Endorsement of Krawchenko, J. dated July 9, 2025
  • Presiding officer Justice Krawchenko
PDF · Subscribers
Order of Krawchenko, J. dated July 9, 2025
  • Presiding officer Justice Krawchenko
PDF · Subscribers
Endorsement of Krawchenko, J. dated June 12, 2025
  • Presiding officer Justice Krawchenko
PDF · Subscribers
Motion Record of the Receiver returnable June 12, 2025PDF · Subscribers
Notice of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Receivership Order
  • Applicant Caisse Desjardins Ontario Credit Union Inc.
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Commencement date 27 March 2025
  • + 5 more extracted facts
PDF · Subscribers
Application Record
  • Applicant CAISSE DESJARDINS ONTARIO CREDIT UNION INC.
  • Appointee BDO CANADA LIMITED
  • Appointee role Proposed Receiver
  • Commencement date 10 March 2025
  • + 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., “B4R Properties Group et al” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/b4r-properties-group-et-al

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/b4r-properties-group-et-al

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.