Proceedings.

Beaumen Waste Management Systems Ltd.

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Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
CV-19-00081440-0000
Filings held4
Last activity5 May 2021
On the record2,597 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

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

Parties

Debtor

Beaumen Waste Management Systems Ltd.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed 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$130KNotice of Bankruptcy
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured
4Secured

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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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 Canada—shortfallFinalper the receiverFinal Report of the Receiver and Final SR&D · 5 May 2021
SecuredPaul Menard—interimper the receiverFirst Report · 15 Nov 2019
PMSI / lessorBlue Chip Leasing—finalper the receiverFirst Report · 15 Nov 2019
PMSI / lessorCWB National Leasing—finalper 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.

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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Fees and ratesAs stated in the filings

1 engagement · 1 firm — Soloway Wright LLP, to 3 Feb 2021, soughtSecond 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
5 people — Soloway Wright LLP, to 3 Feb 2021 · 18 blurred figures
NameTitleHoursRateFees
Andre DucassePartner
Sybil Johnson-AbbottPartner
Caleb TimmermannAssociate Lawyer
Shana GardinerLaw Clerk
Crystal McConkeyArticling Student
Total—

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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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As 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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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
  • + 5 more extracted facts
PDF · Subscribers
First Report
  • Applicant BUSINESS DEVELOPMENT BANK OF CANADA
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Cash on hand Subscribers
  • + 13 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 5 November 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.