Proceedings.

Commonwealth

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Active
Proceeding
CCAASections 50.4(9), 50.6 and 64.2(1) of the Bankruptcy and Insolvency Act
Court
Ontario Superior Court of Justice
File
16-11508-00CL
Filings held30
Last activity3 Jan 2017
On the record3,674 days
OverviewSummary updated

Commonwealth Aggregate Company Inc. is under Companies' Creditors Arrangement Act protection, together with 1935525 Ontario Inc. and Port Sydney-Utterson Sand & Gravel Ltd. The initial order was made on August 30, 2016 in the Ontario Superior Court of Justice (court file CV-16-11505-00CL). As at December 24, 2016, liabilities were reported at CAD 1,825,541.10 against assets of CAD 23,000. The largest unsecured claims are John Deere Financial at CAD 924,000 and DeLage Landen Financial at CAD 679,921.52, followed by CAD 70,074.66 in HST owed to the Canada Revenue Agency. The proceeding is active.

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Case updates30 dated entries
#Sale

The court granted an approval and vesting order for the sale to 2540924 Ontario Inc. Closing terms, as extracted: Vesting effective upon delivery of the Proposal Trustee's Certificate confirming receipt of the Closing Cash Payment and satisfaction/waiver of closing conditions. Sealed: Confidential Appendix "D" to the Storey Affidavit (the Sale Agreement).

Source: Approval and Vesting Order

Parties

Debtor

Commonwealth

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice NewbouldOntario Superior Court of Justice1 order, Nov 2016100 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorEYWeirFoulds LLP1 Sep 2016Service list · 1 Sep 2016
ApplicantCommonwealthNorton Rose Fulbright Canada LLP26 Aug 2016Application · 26 Aug 2016
CreditorBlue Goose Capital CorpAird & Berlis LLP1 Sep 2016Service list · 1 Sep 2016
CreditorBrian Shaw as Collateral Agent to the BridgeDentons Canada LLP1 Sep 2016Service list · 1 Sep 2016
Capital structureAs asserted in the filings
stated amounts, drawn to scale
Priority classCreditorAmountSource
UnsecuredJohn Deere Financial · in 6 casesdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$924KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredDeLage Landen Financial · in 2 casesdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$680KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredCRA - HST · in 2 casesCRA deemed-trust class claim — debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$70.1KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredFraser Drill Blasting Management Inc.debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$54KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredG. Priest Services Division of ZAALdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$23.7KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredPowerscreen of Canada Ltd. · in 2 casesdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$22.8KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredBowman Fuels Ltd.debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$13.6KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredNortrax Canada Inc. · in 3 casesdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$11.9KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredJames Hunter Equipment Inc.debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$10.7KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredWSIB · in 51 casesregulatory (Workplace Safety and Insurance Board) — debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$6.87KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredCRA - Source Deductions · in 7 casesCRA deemed-trust class claim — debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$3.72KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredMeystadt's Mobile Servicedebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$2.5KPort Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredToromont Ind. Ltd.debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$732Port Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredJones Motorlines · in 2 casesdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$633Port Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredArmstrong Trailers Ltd.debtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$396Port Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
UnsecuredLinde Canada Ltd · in 3 casesdebtor: Port Sydney-Utterson Sand & Gravel Ltd. · as of 24 Dec 2016$28Port Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
Sale processAs stated in the filings

Sale approved — Transaction approved by the CourtApproval and Vesting Order · 25 Nov 2016

Parties solicited

72

Third Report of the Proposal Trustee

PurchaserPriceStatusSource
2540924 Ontario Inc.the Vendors' right, title and interest in all assets described in the Sale Agreement other than the Real Property and Permits (together with the Real Property and Permits, the "Purchased Assets") · asset sale · nominee/assignee: 2544220 Ontario Inc. · agreement 18 Nov 2016SealedApproved25 Nov 2016Approval and Vesting Order
Closing termsVesting effective upon delivery of the Proposal Trustee's Certificate confirming receipt of the Closing Cash Payment and satisfaction/waiver of closing conditionsApproval and Vesting Order
Sealed materialsConfidential Appendix "D" to the Storey Affidavit (the Sale Agreement)Approval and Vesting Order
Estate financialsReported figures — never derived
Total assets at filing$23K
Total liabilities at filing$1.83M

As at 24 Dec 2016 · per Statement of Affairs (Form 78) as stated and estimated by the officer · Port Sydney-Utterson Sand & Gravel Ltd. (entity level) — Statement of Affairs shows secured claims as per List B totalling $0.00 and states balance of secured claims $0.00; preferred creditors (List C) and contingent/other liabilities (List D) also nil; deficiency stated as $1,802,541.10

Documents
30 filings
DateDocumentFile
1935525 Ontario IncPDF
1935525 Ontario Inc. - Creditor Package
  • Financial position Assets $2.5K · Liabilities $2.1M · as at 24 Dec 2016 · per Statement of Affairs (business bankruptcy), as stated and estimated by the officer · entity - 1935525 Ontario Inc. — Total unsecured creditors $2,102,010.27; Secured creditors $0.00; Preferred creditors $0.00; Contingent/other liabilities $0.00; Total assets comprised entirely of cash on hand $2,500.00; surplus shown as NIL.
PDF
Commonvealth Aggregate Company IncPDF
Commonwealth Aggregate Barrie Company IncPDF
Commonwealth Aggregate Barrie Company Inc. - Creditor PackagePDF
Commonwealth Aggregate Company Inc. - Creditor Package
  • Financial position Assets $28K · Liabilities $5.19M · as at 24 Dec 2016 · per as stated and estimated by the officer (Statement of Affairs) · entity - Commonwealth Aggregate Company Inc. — Deficiency of $5,157,551.21 stated; total assets consist almost entirely of cash on hand of $27,991.00.
PDF
Limberlost Stone IncPDF
Limberlost Stone Inc. - Creditor PackagePDF
Port Sydney-Utterson Sand & Gravel LtdPDF
Port Sydney-Utterson Sand & Gravel Ltd. - Creditor Package
  • Financial position Assets $23K · Liabilities $1.83M · as at 24 Dec 2016 · per Statement of Affairs (Form 78) as stated and estimated by the officer · Port Sydney-Utterson Sand & Gravel Ltd. (entity level) — Statement of Affairs shows secured claims as per List B totalling $0.00 and states balance of secured claims $0.00; preferred creditors (List C) and contingent/other liabilities (List D) also nil; deficiency stated as $1,802,541.10
  • Secured creditors
  • Unsecured creditors $13.6K · Page: 8 · As of: 2016-12-24 · Basis: Statement of Affairs, List A - Unsecured Creditors · Debtor: Port Sydney-Utterson Sand & Gravel Ltd. · Creditor: Bowman Fuels Ltd.
PDF
Third Report of the Proposal Trustee
  • Process results 72 solicited
  • Sale outcome Approval pending — Sale process concluded with APA to 254 Ontario, pending court approval
PDF
Approval and Vesting Order
  • Closing terms Vesting effective upon delivery of the Proposal Trustee's Certificate confirming receipt of the Closing Cash Payment and satisfaction/waiver of closing conditions
  • Order date 25 November 2016
  • Purchaser 2540924 Ontario Inc. · nominee/assignee 2544220 Ontario Inc. · the Vendors' right, title and interest in all assets described in the Sale Agreement other than the Real Property and Permits (together with the Real Property and Permits, the "Purchased Assets") · asset sale · price sealed · approved
  • Sale outcome Sale approved — Transaction approved by the Court
  • + 1 more extracted fact
PDF
Endorsement of Justice Newbould
  • Presiding officer Justice Newbould
PDF
Motion Record, returnablePDF
Service Listing re. Notice of Motion, returnable
  • Counsel Dentons LLP
PDF
Stay Extension OrderPDF
Second Report of the Proposal Trustee
  • Process results 72 solicited
  • Sale outcome Successful bid selected — Proposal Trustee anticipates seeking approval of this Court in the near term for a bid resulting from the Sale Process
PDF
Service List
  • Counsel Dentons LLP
PDF
Initial Order 1935525 Ontario Inc
  • Applicant 1935525 Ontario Inc.
  • Commencement date 30 August 2016
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST) IN BANKRUPTCY AND INSOLVENCY
  • Court file no CV-16-11507-00CL
  • + 2 more extracted facts
PDF
Initial Order Commonwealth Aggregate Barrie Company Inc
  • Counsel Norton Rose Fulbright Canada LLP
PDF
Initial Order Commonwealth Aggregate Company Inc
  • Applicant Commonwealth Aggregate Company Inc.
  • Commencement date 30 August 2016
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no CV-16-11505-00CL
  • + 1 more extracted fact
PDF
Initial Order Limberlost Stone IncPDF
Initial Order Port Sydney-Utterson Gravel & Sand Ltd
  • Applicant Port Sydney-Utterson Sand & Gravel Ltd.
  • Commencement date 30 August 2016
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no 16-11508-00CL
  • + 1 more extracted fact
PDF
Commonwealth Aggregate Company IncPDF
Applicaiton Record 1935525 Ontario IncPDF
Application Record Commonwealth Aggregate Barrier Inc
  • Counsel Norton Rose Fulbright Canada LLP
PDF
Application Record Commonwealth Aggregate Company IncPDF
Application Record Limberlost Stone Inc
  • Counsel Norton Rose Fulbright Canada LLP
PDF
Application Record Port Sydney-Utterson Gravel & Sand Ltd
  • Counsel Norton Rose Fulbright Canada LLP
PDF
First Report of the Proposal TrusteePDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Commonwealth” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/commonwealth

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Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/commonwealth

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.