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.
First Report recorded that the debtors had completed all remaining projects and ceased operations, with the receiver collecting receivables and preparing to realize on the Shop Property, Equipment and Inventory, and the Aunt Jean Property.
Source: First Report of the Receiver dated October 30, 2026.pdf
Motion Record of the Receiver returnable November 10, 2026.pdf — Application / notice of application
Justice Chown appointed Grant Thornton Limited receiver and manager of both debtors, with counsel Thornton Grout Finnigan LLP acting in the proceeding.
Notice of Application issued, naming Grant Thornton Limited as proposed receiver over Drexler Construction Limited and Down Under Pipe and Cable Locating Ltd.
Case update
Drexler Construction: a tax lien and a writ in the way of the Rockwood sale
Grant Thornton's motion, returnable November 10, asks the court to approve selling about 34 acres of Rockwood development land to Nikan Inc. free of a Crown lien tied to a $2,146,261.70 Excise Tax Act certificate and a judgment creditor's writ, which it says the company lacks the funds to discharge, and to seal the unredacted agreement.
Filing brief
Drexler Construction: a brother's holding company brings the receivership
Five years after Drexler Construction used a BIA proposal to pay out RBC, the holding company of one of the brothers who built it — which bought the firm's Mitsubishi loan in 2024 and is owed about $1.55 million — has had Grant Thornton appointed receiver over it and Down Under Pipe and Cable Locating, against $13,154,765 in liabilities on the companies' books.
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 |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency - Source Deductions · in 9 casesDeemed-trust / Crown claim class (payroll source deductions). — debtor: Debtors (DCL and Down Under) | $76.8K | First Report of the Receiver dated October 30, 2026.pdf |
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
13 more claims in 4 classes The stack holds Deemed trusts (CRA and other), Secured, PMSI / lessors and Unsecured claims.
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See all plans| Date | Document | File |
|---|---|---|
First Report of the Receiver dated October 30, 2026.pdf
| PDF · Subscribers | |
Motion Record of the Receiver returnable November 10, 2026.pdf
| PDF · Subscribers | |
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 4 November 2026, https://proceedings.ca/case/drexler-construction-limited-and-down-under-pipe-and-cable-locating-ltd
Sources last checked · summary updated 17 September 2026 · Report a correction · Printed from proceedings.ca/case/drexler-construction-limited-and-down-under-pipe-and-cable-locating-ltd
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.