Creative Homescapes Inc., 1974592 Ontario Inc. and 1646395 Ontario Inc.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- CV-24-00034048-0000
Creative Homescapes Inc., with 1974592 Ontario Inc. and 1646395 Ontario Inc., was the subject of a court-appointed receivership under s. 243 of the BIA in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), court file CV-24-00034048-0000; the proceeding is closed. The Toronto-Dominion Bank held senior security under general security agreements dated March 3, 2023 from all three debtors, plus cross-guarantees and a personal guarantee of Shawn Kelly limited to $200,000, and issued demands and a BIA notice on September 12, 2024 for $2,056,906.05 as of September 10, 2024, exclusive of legal fees, disbursements and accruing interest. CertainTeed Canada and Wells Fargo Capital Finance, whose registrations predate TD's, had subordinated to TD in March 2023. Creative assigned into bankruptcy on February 9, 2026, which the Receiver states renders the CRA's $193,442.12 HST debt unsecured.
9 earlier updates, back to 10 October 2024 — subscribers.
Debtor
Creative Homescapes Inc., 1974592 Ontario Inc. and 1646395 Ontario Inc.
Receiver
Albert Gelman
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Horvat | Ontario Superior Court of Justice | 2 orders, Jul 2026 | 3 cases on record |
| Justice Kalajdzic | Ontario Superior Court of Justice | 2 orders, Oct 2024 – Nov 2024 | 4 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverAlbert Gelman | Garfinkle, Biderman LLP | 12 Nov 2024 | Order · 12 Nov 2024 |
| ApplicantToronto-Dominion Bank | Aird & Berlis LLP | 10 Oct 2024 | Service list · 10 Oct 2024 |
| CreditorToronto-Dominion Bank | Aird & Berlis LLP | 10 Oct 2024 | Order · 10 Oct 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency (HST Debt) · in 926 casesDeemed trust class: $79,703.59 of the total represents trust funds pursuant to subsection 222(3) of the Excise Tax Act; Receiver states the HST Debt is unsecured by virtue of Creative's assignment into bankruptcy on February 9, 2026 — debtor: Creative Homescapes Inc. · as of 17 Dec 2025 | $193K | Motion Record of the Receiver (for motion returnable July 28, 2026) |
This 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.
Closed · the record states no distribution outcome.
| Date | Document | File |
|---|---|---|
Court Order of Justice Horvat dated July 28, 2026 (Distribution and Discharge Order)
| PDF · Subscribers | |
Endorsement of Justice Horvat dated July 28, 2026
| PDF · Subscribers | |
Factum of the Receiver (for motion returnable July 28, 2026)
| PDF · Subscribers | |
Motion Record of the Receiver (for motion returnable July 28, 2026)
| PDF · Subscribers | |
| Second Report of the Receiver dated July 9, 2026 (for motion returnable July 28, 2026) | PDF · Subscribers | |
Court Order of Justice Kalajdzic dated November 12, 2024 (amending Appointment Oder)
| PDF · Subscribers | |
| Motion Record of the Receiver returnable November 12, 2024 | PDF · Subscribers | |
First Report of the Receiver dated November 5, 2024
| PDF · Subscribers | |
| Amended Notice and Statement of Receiver | PDF · Subscribers | |
Application Record returnable October 10, 2024
| PDF · Subscribers | |
Appointment Order and Endorsement dated October 10, 2024
| PDF · Subscribers | |
Service List (as of Oct. 10, 2024)
| 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., “Creative Homescapes Inc., 1974592 Ontario Inc. and 1646395 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/creative-homescapes-inc-1974592-ontario-inc-and-1646395-ontario-inc