Cutler Forest Products Inc. is in court-appointed receivership. On August 4, 2022, the Ontario Superior Court of Justice appointed The Fuller Landau Group Inc. as receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, on the application of the Royal Bank of Canada (court file CV-22-00684833-00CL). RBC holds a first-ranking secured claim of CAD 4,372,010, ahead of Husky International at CAD 2,093,365 and the related Cutler Hometech Holdings Inc. at CAD 2,719,210. Unsecured creditors were reported at a total of CAD 5,395,558.12. The receivership is active.
The officer filed report no. Third Report. Cutler ceased operations upon the receivership, with all approximately 138 employees terminated; the Receiver completed the sale of substantially all assets, collected outstanding accounts receivable and Paccar vehicle sale proceeds, and is now finalizing administrative wind-up matters (HST filings and distributions) before seeking its discharge.
Motion Record - Receiver - The Fuller Landau Group Inc. - 20-JUN-2024 — Application / notice of application
Motion Record of Paccar was filed. Court file CV-22-00684833-00CL.
Source: Motion Record of Paccar
The court granted an approval and vesting order for the sale to Infinity Asset Solutions Inc. Closing terms, as extracted: Vesting occurs upon delivery of the Receiver's Certificate confirming payment of the Purchase Price and satisfaction of closing conditions.
The court appointed The Fuller Landau Group Inc. as receiver, on the application of ROYAL BANK OF CANADA. Court file CV-22-00684833-00CL.
Source: Appointment Order
The Royal Bank of Canada issued its notice of application for the appointment of a receiver on August 2, 2022.
Source: Application Record
Debtor
Cutler Forest Products Inc.
Receiver
Fuller Landau
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Kimmel | Ontario Superior Court of Justice | 3 orders, Oct 2022 | 198 cases on record |
| Justice Penny | Ontario Superior Court of Justice | 2 orders, Dec 2022 | 196 cases on record |
| Justice Dietrich | Ontario Superior Court of Justice | 2 orders, Aug 2022 | 94 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFuller Landau | Harrison Pensa LLP | 4 Aug 2022 | Service list · 4 Aug 2022 |
| Applicant | Borden Ladner Gervais LLP | 4 Aug 2022 | Order · 4 Aug 2022 |
| DebtorCutler Forest Products Inc. | Aird & Berlis LLP | 4 Aug 2022 | Service list · 4 Aug 2022 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada (RBC) · in 584 cases1st ranking General Security Agreement, Section 427 Bank Act Security, Assignment of Policies — Amount owing as of August 2, 2022, per document; document title states 'as at August 4, 2022' generally but this figure carries its own date — debtor: Cutler Forest Products Inc. · as of 2 Aug 2022 | $4.37M | 245 Notice and Statement of Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
11 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 transactions · 2 closed — Sale Transaction with Infinity closed and Paccar Vehicles sold at auctionThird Report of the Receiver - 20-JUNE-2024 · 20 Jun 2024
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Infinity Asset Solutions Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 4 Oct 2022 | Subscribers | Closed26 Oct 2022 | Third Report of the Receiver - 20-JUNE-2024 |
| end purchasers at Infinity's online public auction of the Paccar Vehiclesthe Paccar Vehicles · auction | Subscribers | Closed3 Apr 2024 | Third Report of the Receiver - 20-JUNE-2024 |
Secured creditors: no distribution. Service Canada a distribution.EstimatedThird Report of the Receiver - 20-JUNE-2024 · 20 Jun 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPA | Service Canada | — | Estimatedper the receiver | Third Report of the Receiver - 20-JUNE-2024 · 20 Jun 2024 | |
| Secured | other creditors of Cutler, including other secured creditors | — | no distribution | Estimatedper the receiver | Third Report of the Receiver - 20-JUNE-2024 · 20 Jun 2024 |
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 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
Professional fees
$168K
As at 31 May 2024Third Report of the Receiver - 20-JUNE-2024
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Motion Record - Receiver - The Fuller Landau Group Inc. - 20-JUN-2024 | PDF · Subscribers | |
Third Report of the Receiver - 20-JUNE-2024
| PDF · Subscribers | |
Endorsement of Justice Penny
| PDF · Subscribers | |
Order of Justice Penny
| PDF · Subscribers | |
Factum of the Receiver
| PDF · Subscribers | |
Motion Record of Paccar
| PDF · Subscribers | |
| Motion Record of the Receiver | PDF · Subscribers | |
Ancillary Order of Justice Kimmel
| PDF · Subscribers | |
Approval and Vesting Order of Justice Kimmel
| PDF · Subscribers | |
Endorsement of Justice Kimmel
| PDF · Subscribers | |
245 Notice and Statement of Receiver
| PDF · Subscribers | |
Appointment Order
| PDF · Subscribers | |
Endorsement of Justice Dietrich
| PDF · Subscribers | |
Service List - as of August 4 2022
| PDF · Subscribers | |
Application Record
| PDF · Subscribers | |
| Book of Authorities - Applicant - RBC | PDF · Subscribers | |
| Factum - Applicant - RBC | 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., “Cutler Forest Products Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/cutler-forest-products-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/cutler-forest-products-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.