Proceedings.

Beaumen Waste Management Systems Ltd.

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Active
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
CV-19-00081440-0000
Filings held4
Last activity5 May 2021
On the record2,552 days
OverviewSummary updated

Beaumen Waste Management Systems Ltd. has been in court-appointed receivership in Ontario since September 26, 2019, on the application of the Business Development Bank of Canada, with MNP Ltd. as receiver under BIA s. 243 and provincial Judicature Act authority. The proceeding is active in the Ontario Superior Court of Justice under file CV-19-00081440-0000. A sworn Statement of Affairs as at July 16, 2019 put total assets at $2,140,716.00 against total liabilities of $3,675,074.00, a stated deficiency of $1,534,358.00 with no surplus and no preferred claims. BDC holds the largest secured claim at $1,085,164.00, secured on the real property at 610 Lisgar Avenue, Renfrew and on motor vehicles and equipment, followed by Scotiabank at $478,738.00, Vivian Menard at $400,000.00, a $130,000.00 CRA deemed trust claim and multiple equipment lease claims.

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Case updates4 dated entries
#Report

The officer filed report no. Final Report of the Receiver. The Receiver completed liquidation of the Company's assets, with proceeds paid to the Secured Creditor after court approval, though the secured creditor was not paid in full; this notice constitutes the final report of the Receiver.

Source: Final Report of the Receiver and Final SR&D

#Report

Court officer's report filed on the commencement date, citing an order of the Ontario Superior Court of Justice dated September 26, 2019 as its authority.

Source: First Report

1 earlier update, back to 26 September 2019 subscribers.

Parties

Debtor

Beaumen Waste Management Systems Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)CRA - Tax - Ontario · in 252 casesBusiness Assets - Book Debts - Various accounts receivable — Deemed trust / CRA secured claim; also listed separately as unsecured CRA-GST/HST claim of $123,560 and CRA-Tax-Ontario unsecured claim of $19,874 on List A — debtor: Beaumen Waste Management Systems Ltd. · as of 16 Jul 2019$130KNotice of Bankruptcy

75 more claims across lower-ranking classes

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RecoveriesAs declared or paid

Business Development Bank of Canada: shortfall.FinalFinal Report of the Receiver and Final SR&D · 5 May 2021

ClassCreditorClaimsRecoveryBasisSource
SecuredBusiness Development Bank of CanadashortfallFinalper the receiverFinal Report of the Receiver and Final SR&D · 5 May 2021
SecuredPaul Menarda distributioninterimper the receiverFirst Report · 15 Nov 2019
PMSI / lessorBlue Chip Leasinga distributionfinalper the receiverFirst Report · 15 Nov 2019
PMSI / lessorCWB National Leasinga distributionfinalper the receiverFirst Report · 15 Nov 2019

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.

6 stated figures across 4 outcomes, each sourced

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Fees and ratesAs stated in the filings

1 engagement · 1 firmSoloway Wright LLP, to 3 Feb 2021Second and Final Trustee Report · 23 Feb 2021

FirmPeriodHoursFeesRatesSource
Soloway Wright LLPCounsel to the receiverto 3 Feb 2021Sought••••••5 peopleSecond and Final Trustee Report · 23 Feb 2021

26 stated figures across 1 engagement, each sourced

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$1.3M

As at 5 May 2021Final Report of the Receiver and Final SR&D

2 more reported figures, as at 5 May 2021

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Documents4 filings
DateDocumentFile
Final Report of the Receiver and Final SR&D
  • Operational summary The Receiver completed liquidation of the Company's assets, with proceeds paid to the Secured Creditor after court approval, though the secured creditor was not paid in full; this notice constitutes the final report of the Receiver.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Second and Final Trustee Report
  • Applicant BUSINESS DEVELOPMENT BANK OF CANADA
  • Appointee MNP LTD.
  • Appointee role receiver
  • Commencement date 26 September 2019
  • + 4 more extracted facts
PDF · Subscribers
First Report
  • Applicant BUSINESS DEVELOPMENT BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 26 September 2019
  • + 5 more extracted facts
PDF · Subscribers
Notice of Bankruptcy
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Beaumen Waste Management Systems Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/beaumen-waste-management-systems-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/beaumen-waste-management-systems-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.