The court appointed Grant Thornton Limited as receiver and manager, on the application of Kevin Drexler Holdings Inc.. Court file CV-26-00000373-0000.
Drexler Construction Limited and Down Under Pipe and Cable Locating Ltd.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the "BIA") and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- File
- CV-26-00000373-0000
Drexler Construction Limited and Down Under Pipe and Cable Locating Ltd. are in court-appointed receivership in the Ontario Superior Court of Justice, with Grant Thornton Limited appointed receiver and manager under s. 243(1) of the BIA and s. 101 of the Courts of Justice Act (file CV-26-00000373-0000). The proceeding was commenced August 6, 2026 on the application of Kevin Drexler Holdings Inc., assignee of Mitsubishi HC Capital Canada Inc. security since November 8, 2024, which issued a demand and a notice under s. 244 of the BIA on July 7, 2026. Combined liabilities reported from the debtors' books total $13,154,765, including $6,473,394 of secured claims and $2,254,244 of CRA GST/HST, against which CRA has registered a Federal Court certificate and a lien on the Shop Property.
5 earlier updates, back to 15 September 2026 — subscribers.
Debtor
Drexler Construction Limited and Down Under Pipe and Cable Locating Ltd.
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Chown | Ontario Superior Court of Justice | 2 orders, Sep 2026 | 3 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Applicant | Thornton Grout Finnigan LLP | 15 Sep 2026 | Order · 15 Sep 2026 |
| ApplicantKevin Drexler Holdings Inc | Thornton Grout Finnigan LLP | 5 Aug 2026 | Application · 5 Aug 2026 |
| CreditorKevin Drexler Holdings Inc | Thornton Grout Finnigan LLP | 8 Sep 2026 | Factum · 8 Sep 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 926 casesCertificate registered in Federal Court and a lien against the Shop Property — CRA has registered a certificate and lien in respect of outstanding GST/HST liabilities; classified separately from unsecured/priority CRA amounts reported in liabilities table; amount of the secured lien claim itself not separately quantified from the GST/HST aggregate of $2,254,244 reported at page 9 (deemed trust / regulatory-type claim) — debtor: Drexler Construction Limited | — | Pre-Filing Report of Grant Thornton Limited dated September 10, 2026.pdf |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Endorsement of Justice Chown dated September 15, 2026.pdf
| PDF · Subscribers | |
Receivership Order dated September 15, 2026.pdf
| PDF · Subscribers | |
Pre-Filing Report of Grant Thornton Limited dated September 10, 2026.pdf
| PDF · Subscribers | |
| Book of Authorities of the Applicant dated September 8, 2026.pdf | PDF · Subscribers | |
Confirmation of Motion dated September 8, 2026.pdf
| PDF · Subscribers | |
Factum of the Applicant dated September 8, 2026.pdf
| PDF · Subscribers | |
| Application Record dated August 14, 2026.pdf | PDF · Subscribers | |
Notice of Application dated August 5, 2026.pdf
| 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., “Drexler Construction Limited and Down Under Pipe and Cable Locating Ltd.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/drexler-construction-limited-and-down-under-pipe-and-cable-locating-ltd