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.
Beaumen Waste Management Systems Ltd.
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- CV-19-00081440-0000
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.
The officer filed report no. First Report. The Receiver has not operated the Company since its appointment; the Company terminated all staff and ceased services in June 2019, and the Receiver is realizing assets through a proposed en bloc sale and auction of surplus equipment. Court file CV-19-00081440-0000.
Source: First Report
Debtor
Beaumen Waste Management Systems Ltd.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Ontario · in 259 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 | $130K | Notice of Bankruptcy |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
84 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansBusiness Development Bank of Canada: shortfall.FinalFinal Report of the Receiver and Final SR&D · 5 May 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Business Development Bank of Canada | — | shortfall | Finalper the receiver | Final Report of the Receiver and Final SR&D · 5 May 2021 |
| Secured | Paul Menard | — | interim | per the receiver | First Report · 15 Nov 2019 |
| PMSI / lessor | Blue Chip Leasing | — | final | per the receiver | First Report · 15 Nov 2019 |
| PMSI / lessor | CWB National Leasing | — | final | per the receiver | First 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.
3 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans1 engagement · 1 firm — Soloway Wright LLP, to 3 Feb 2021, soughtSecond and Final Trustee Report · 23 Feb 2021
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Soloway Wright LLPCounsel to the receiver | to 3 Feb 2021Sought | — | 5 people | Second and Final Trustee Report · 23 Feb 2021 | ||||||||||||||||||||||||||||||||||||
5 people — Soloway Wright LLP, to 3 Feb 2021 · 18 blurred figures
| ||||||||||||||||||||||||||||||||||||||||
20 blurred figures above
What the firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
Cumulative receipts
$1.3M
As at 5 May 2021Final Report of the Receiver and Final SR&D
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Final Report of the Receiver and Final SR&D
| PDF · Subscribers | |
Second and Final Trustee Report
| PDF · Subscribers | |
First Report
| PDF · Subscribers | |
Notice of Bankruptcy
| 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 5 November 2026, https://proceedings.ca/case/beaumen-waste-management-systems-ltd