Brightpath Capital Corporation

Brightpath Capital Corporation has been under court-appointed receivership in Ontario since April 10, 2026, on an appointment made under subsection 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act. The receiver has reported twice, on June 1 and June 23, 2026, and the court granted orders on June 5 and June 24, 2026. The business has continued to operate in the normal course under the receiver's supervision and at its direction, save that the debtor no longer originates mortgages, consistent with an intended orderly wind-down. Receiver activities to date include servicing mortgage loans, negotiating Revised Servicing Agreements, advancing power of sale proceedings, freezing and establishing bank accounts, engaging Kroll Associates for data preservation, issuing notices under BIA sections 245 and 246, and facilitating payroll.