Beaverton Lumber Inc. has been in a court-appointed receivership in the Ontario Superior Court of Justice (Commercial List) since July 31, 2015, under BIA s. 243 and provincial Judicature Act authority, file CV-15-10798-00CL. The proceeding remains active. Security against the company's assets and its premises at 488 Mara Road, Beaverton is led by a statutory property tax lien of the Township of Brock at $154,616, ahead of The Toronto-Dominion Bank at $638,606.28 as at July 16, 2015 under a 1995 general security agreement and mortgage, then Home Hardware Stores Limited at $207,005 and the Canada Revenue Agency at $95,153 for unremitted HST. Unsecured claims filed with the trustee in bankruptcy total $388,023, of which $248,424 is owed to directors George Tripp and the late Barbara Tripp.
The officer filed report no. Second Report. The Receiver completed the sale of the Company's real property, equipment and inventory, made distributions to secured creditors (TD and, pending approval, CRA), settled a claim with Home Hardware, and believes no further assets remain, seeking its discharge.
Source: Second Report of the Receiver dated February 26, 2016 (without appendices)
Receivership application filed, commencing the proceeding against Beaverton Lumber in the Ontario Superior Court of Justice Commercial List under court file CV-15-10798-00CL.
The court appointed ALBERT GELMAN INC. as receiver [and manager], on the application of THE TORONTO-DOMINION BANK. Court file CV15-10978-00CL.
Source: Order of Justice McEwan dated June 17, 2015 (appointment of Receiver)
Supplementary Application record to Appoint receiver returnable June 17, 2015 — Application / notice of application
Application record to Appoint Receiver returnable June 1, 2015 — Application / notice of application
Debtor
File Documents
Receiver
Albert Gelman
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice McEwan | Ontario Superior Court of Justice | 1 order, Jun 2015 | 13 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantToronto-Dominion Bank | Lee, Bowden, Nightingale LLP | — | Service list |
| CreditorBeaverton Lumber Inc | HGR Graham Partners LLP | — | Service list |
| CreditorBen Smith | Turner, Brooks | — | Service list |
| CreditorHome Hardware Stores Limited | Gordon Alexander Mackay | — | Service list |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (unremitted HST) · in 985 casesas of claim filed with Trustee May 27, 2015 — Secured claim against the Premises for unremitted HST, plus accruing interest. — Ranks 4th, subordinate to both TD and HHSL per Third Legal Opinions. Regulatory/deemed-trust class quasi-governmental claim. As of the report date it is uncertain whether this claim will be satisfied from sale proceeds. Distinct from a separate DAS deemed-trust claim of $20,725 which the Receiver already remitted to CRA (satisfied/discharged, not outstanding). — debtor: Beaverton Lumber Inc. | $95.2K | First Report of the Receiver dated July 30, 2015 (1 of 2) |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
7 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 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.
Sale closed — Since its appointment, the Receiver has closed the sale of the Premises as well as the sale of the equipment and inventory of the Company.Second Report of the Receiver dated February 26, 2016 (without… · 26 Feb 2016
| Purchaser | Price | Status | Source |
|---|---|---|---|
| referred to only as "the Purchaser" of the Premisesthe Premises · real property | Subscribers | Closed13 Aug 2015 | Second Report of the Receiver dated February… |
TD: paid in full.FinalSecond Report of the Receiver dated February 26, 2016 (without… · 26 Feb 2016
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | TD | — | paid in fullfinal | Finalper the receiver | Second Report of the Receiver dated February 26, 2016 (without… · 26 Feb 2016 |
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.
1 blurred figure 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 plansCash on hand
$1.62K
As at 26 Feb 2016Second Report of the Receiver dated February 26, 2016 (without appendices)
| Date | Document | File |
|---|---|---|
Second Report of the Receiver dated February 26, 2016 (without appendices)
| PDF · Subscribers | |
| Order of Justice Penny dated August 12, 2015 | PDF · Subscribers | |
Motion record returnable August 12, 2015
| PDF · Subscribers | |
First Report of the Receiver dated July 30, 2015 (1 of 2)
| PDF · Subscribers | |
| First Report of the Receiver dated July 30, 2015 (2 of 2) | PDF · Subscribers | |
| Notice and Statement of the Court Appointed Receiver | PDF · Subscribers | |
Order of Justice McEwan dated June 17, 2015 (appointment of Receiver)
| PDF · Subscribers | |
Supplementary Application record to Appoint receiver returnable June 17, 2015
| PDF · Subscribers | |
Application record to Appoint Receiver returnable June 1, 2015
| PDF · Subscribers | |
Service List
| 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., “Beaverton Lumber Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/beaverton-lumber-inc
Sources last checked · summary updated 11 August 2026 · Report a correction · Printed from proceedings.ca/case/beaverton-lumber-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.