Proceedings.

Creative Homescapes Inc., 1974592 Ontario Inc. and 1646395 Ontario Inc.

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
CV-24-00034048-0000
Filings held12
Last activity28 Jul 2026
On the record711 days
OverviewSummary updated

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.

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Case updates12 dated entries

9 earlier updates, back to 10 October 2024 subscribers.

Parties

Debtor

Creative Homescapes Inc., 1974592 Ontario Inc. and 1646395 Ontario Inc.

Receiver

Albert Gelman

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice HorvatOntario Superior Court of Justice2 orders, Jul 20263 cases on record
Justice KalajdzicOntario Superior Court of Justice2 orders, Oct 2024 – Nov 20244 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverAlbert GelmanGarfinkle, Biderman LLP12 Nov 2024Order · 12 Nov 2024
ApplicantToronto-Dominion BankAird & Berlis LLP10 Oct 2024Service list · 10 Oct 2024
CreditorToronto-Dominion BankAird & Berlis LLP10 Oct 2024Order · 10 Oct 2024
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
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$193KMotion 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.

7 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents
12 filings
DateDocumentFile
Court Order of Justice Horvat dated July 28, 2026 (Distribution and Discharge Order)
  • Counsel Garfinkle Biderman LLP
  • Presiding officer Justice Horvat
PDF · Subscribers
Endorsement of Justice Horvat dated July 28, 2026
  • Presiding officer Justice Horvat
PDF · Subscribers
Factum of the Receiver (for motion returnable July 28, 2026)
  • Counsel Garfinkle Biderman LLP
PDF · Subscribers
Motion Record of the Receiver (for motion returnable July 28, 2026)
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00034048-0000
  • Financial position · Secured creditors Subscribers
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)
  • Counsel Garfinkle Biderman LLP
  • Presiding officer Justice Kalajdzic
PDF · Subscribers
Motion Record of the Receiver returnable November 12, 2024PDF · Subscribers
First Report of the Receiver dated November 5, 2024
PDF · Subscribers
Amended Notice and Statement of ReceiverPDF · Subscribers
Application Record returnable October 10, 2024
PDF · Subscribers
Appointment Order and Endorsement dated October 10, 2024
  • Commencement date 10 October 2024
  • Counsel Aird & Berlis LLP
  • Court ONTARIO SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00034048-0000
  • + 1 more extracted fact
PDF · Subscribers
Service List (as of Oct. 10, 2024)
  • Counsel Aird & Berlis LLP
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

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/creative-homescapes-inc-1974592-ontario-inc-and-1646395-ontario-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.