Proceedings.

Comfort Smart Homes Incorporated

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Active
Proceeding
NOIBankruptcy and Insolvency Act, as amended
Court
Supreme Court of Nova Scotia
File
51-3383517
Filings held38
Last activity14 Sep 2026
On the record87 days
Secured debtSubscribers
OverviewSummary updated

Comfort Smart Homes Incorporated filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act in the Supreme Court of Nova Scotia on June 26, 2026, with Grant Thornton Limited named proposal trustee under court file 51-3383517. A creditor listing as at June 8, 2026 names Computershare Trust Company of Canada, acting for PeakHill Capital Inc., as a secured creditor owed $3,700,000, alongside Bank of Montreal as a further secured creditor. Unsecured claims listed include the Canada Revenue Agency for corporate taxes and HST, and the Town of Truro for property taxes of $29,303, along with trade creditors including Nova Scotia Power, Fero Waste & Recycling, and Truly Nolen.

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Case updates37 dated entries · 2 undated

34 earlier updates, back to 26 June 2026 — subscribers.

Undated filings2 — no date appears on the document · show

2 filings carry no date on their face — subscribers.

AnalysisAll insights⁠

Filing brief

Comfort Smart Homes: $3.8 million, or the mortgages it has no right to prepay

A Truro landlord whose indirect owners are embroiled in a shareholder dispute filed a notice of intention on June 8; on September 4, the proposal trustee reports, the court approved Ridgeway Management Inc.'s stalking-horse bid for its five apartment buildings, at $3,800,000 in cash or an assumption of Peakhill Capital's CMHC-insured mortgages, with a $50,000 break fee and a $3,950,000 floor for rival bids due September 28.

Parties

Debtor

Comfort Smart Homes Incorporated

Proposal trustee

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
CreditorBank of Montreal Ben DurnfordHeritage House Law Office29 Jun 2026Application · 29 Jun 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBank of Montreal (BMO) · in 279 casesas of First Report date (as reported) — First ranking mortgage security on 80 King Street, Truro and 88 Kaulback Street, Truro — DISCHARGED - paid in full from sale proceeds of the two properties; no longer an outstanding secured claim as of Third Report — debtor: Comfort Smart Homes Incorporated$1.5MThird Report of the Proposal Trustee dated August 31, 2026

11 more claims across lower-ranking classes

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Sale processAs stated in the filings

Approval pending — Proposal Trustee's motion seeks approval of the Stalking Horse Agreement, with SISP milestones proposed to be amendedThird Report of the Proposal Trustee dated August 31, 2026 · 31 Aug 2026

Bid deadline

14 September 2026

SISP Procedures.pdf

Stalking horse

Ridgeway Management Inc. · Subscribers

Third Report of the Proposal Trustee dated August 31,…

PurchaserPriceStatusSource
Ridgeway Management Inc.Stalking horsethe Residential Properties · real property · agreement 28 Aug 2026SubscribersProposedoutside 16 Oct 2026Third Report of the Proposal Trustee dated…
RecoveriesAs declared or paid

Bank of Montreal: paid in full.FinalThird Report of the Proposal Trustee · 31 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredBank of Montreal—paid in fullFinalper the proposal trusteeThird Report of the Proposal Trustee · 31 Aug 2026

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 stated figure across 1 outcome, 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

$73.9K

As at 31 Aug 2026Third Report of the Proposal Trustee dated August 31, 2026

1 more reported figure, as at 31 Aug 2026

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Documents
38 filings
DateDocumentFile
Solicitation letter.pdfPDF · Subscribers
Notice to Potential Bidders of Stalking Horse Agreement dated September 4, 2026PDF · Subscribers
Sworn Affidavit of Fabian Fraser dated September 3, 2026PDF · Subscribers
Brief of Law dated August 31, 2026PDF · Subscribers
Draft Order dated August 31, 2026
  • Order date 1 September 2026
PDF · Subscribers
Notice of Motion dated August 31, 2026
  • Counsel Heritage House Law Office
PDF · Subscribers
Third Report of the Proposal Trustee dated August 31, 2026
  • Operational summary Comfort continues to operate its five multi-unit residential rental properties in Truro/Truro Heights, NS under a third-party property manager while the Proposal Trustee administers a court-approved SISP and negotiates a stalking horse agreement with Ridgeway Management Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Brief of Law dated August 28, 2026PDF · Subscribers
Draft Order dated August 28, 2026PDF · Subscribers
Notice of Motion dated August 28, 2026
  • Counsel Heritage House Law Office
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Stalking Horse Agreement dated August 28, 2026PDF · Subscribers
Unsworn Affidavit of Fabian Fraser dated August 28, 2026PDF · Subscribers
Notice of Amendment.pdfPDF · Subscribers
Second Report of the Proposal Trustee dated July 21, 2026
  • Sale outcome Sale process approved — SISP procedures developed and pending Court approval; no successful bid yet selected
  • Stalking horse Subscribers
PDF · Subscribers
- Unsworn Affidavit of Fabian Fraser dated July 17, 2026PDF · Subscribers
Amended Notice of Motion dated July 17, 2026PDF · Subscribers
Brief of Applicant dated July 17, 2026PDF · Subscribers
Draft Extension, DIP and Charges Order dated July 17, 2026PDF · Subscribers
Draft SISP Order dated July 17, 2026PDF · Subscribers
Notice of Motion dated July 10, 2026
  • Counsel Heritage House Law Office
PDF · Subscribers
Material Adverse Change Report dated July 8, 2026PDF · Subscribers
DIP Term Sheet dated July 2, 2026PDF · Subscribers
Sworn Affidavit of Fabian Fraser dated July 2, 2026PDF · Subscribers
Draft Order with appendix dated June 30, 2026PDF · Subscribers
First Report of the Proposal Trustee dated June 30, 2026
  • Recovery outcome Entries: per actual · Stated on: 2026-06-30 · Table missing:
  • Sale outcome Marketed — the Company may pursue a sale of the Residential Properties through a SISP as part of a restructuring plan
  • Stalking horse Subscribers
PDF · Subscribers
Unsworn Affidavit of Fabian Fraser dated June 30, 2026PDF · Subscribers
Admin Charge, DIP Financing and Extension Application dated June 29, 2026
  • Applicant Comfort Smart Homes Incorporated
  • Appointee Grant Thornton Limited
  • Appointee role Proposal Trustee
  • Commencement date 26 June 2026
  • + 4 more extracted facts
PDF · Subscribers
Amended Admin Charge, DIP Financing and Extension Application dated June 29, 2026
  • Counsel Heritage House Law Office
PDF · Subscribers
Brief of Applicant dated June 29, 2026PDF · Subscribers
Mailing Affidavit dated June 15, 2026PDF · Subscribers
Creditor Listing as of June 8, 2026
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Form 33 - Notice of Intention to Make a Proposal
  • Appointee Grant Thornton Limited
  • Appointee role trustee
  • Province Nova Scotia
  • Statutory basis Subsection 50.4(1) of the Act
PDF · Subscribers
Non-Disclosure Agreement.pdfPDF · Subscribers
Proposal Consent dated June 8, 2026PDF · Subscribers
SISP Procedures.pdf
  • Bid deadline 14 September 2026
  • Outside date 16 October 2026
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
Directors Resolution dated June 4, 2026PDF · Subscribers
Revised Tender FormPDF · Subscribers
Tender Form.pdfPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Comfort Smart Homes Incorporated” (NOI), Supreme Court of Nova Scotia. Retrieved 20 September 2026, https://proceedings.ca/case/comfort-smart-homes-incorporated

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Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/comfort-smart-homes-incorporated

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.