Dryden Pharmacy Inc., Ignace Medical Pharmacy Inc., Fort William Medical Pharmacy Inc. and Vermilmion Bay Medical Pharmacy Inc.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- CV-25-00001200-0000
Dryden Pharmacy Inc., together with Ignace Medical Pharmacy Inc., Fort William Medical Pharmacy Inc. and Vermilmion Bay Medical Pharmacy Inc., is the subject of a court-appointed receivership in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, under court file number CV-25-00001200-0000. The proceeding is recorded as closed. No dated steps in the receivership have been entered on this record.
10 earlier updates, back to 3 April 2025 — subscribers.
Debtor
Dryden Pharmacy Inc., Ignace Medical Pharmacy Inc., Fort William Medical Pharmacy Inc. and Vermilmion Bay Medical Pharmacy Inc.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Stewart | Ontario Superior Court of Justice | 5 orders, Apr 2025 – Dec 2025 | 8 cases on record |
| Justice Miller | Ontario Superior Court of Justice | 2 orders, Jul 2025 | 3 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverMNP | Miller Thomson LLP | 17 Jul 2025 | Order · 17 Jul 2025 |
| Applicant | Norton Rose Fulbright Canada LLP | 3 Apr 2025 | Order · 3 Apr 2025 |
| CreditorMcKesson Canada Corporation | Norton Rose Fulbright Canada LLP | 17 Mar 2025 | Factum · 17 Mar 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | McKesson Canada Corporation · in 7 casesSpecific security interest on inventory supplied and general security interest against all assets of the Debtors (General Security Agreements); inventory security agreement also referenced — Stated as 'currently owed in excess of $3.2 million' (approximation); for inventory supplied Nov 2024-Feb 2025 and cash advances under Banner Agreements — debtor: Dryden Pharmacy Inc., Ignace Medical Pharmacy Inc., Fort William Medical Pharmacy Inc., Vermilion Bay Medical Pharmacy Inc. | $3.2M | Application Record |
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 |
|---|---|---|
Endorsement of L.B. Stewart
| PDF · Subscribers | |
Ancillary Order- Activity and Fee Approval, Sealing and Discharge
| PDF · Subscribers | |
Approval and Vesting Order for Fort William Medical Pharmacy
| PDF · Subscribers | |
| Motion Record of the Receiver- Returnable December 19, 2025 | PDF · Subscribers | |
Factum of the Receiver
| PDF · Subscribers | |
Approval Order
| PDF · Subscribers | |
Endorsement of Justice Miller
| PDF · Subscribers | |
Supplement to the First Report of MNP Ltd.
| PDF · Subscribers | |
Motion Record of the Receiver
| PDF · Subscribers | |
Amended Order Appointing Receiver
| PDF · Subscribers | |
Endorsement of Justice L.B. Stewart
| PDF · Subscribers | |
Factum of McKesson Canada Corporation
| PDF · Subscribers | |
Application Record
| 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., “Dryden Pharmacy Inc., Ignace Medical Pharmacy Inc., Fort William Medical Pharmacy Inc. and Vermilmion Bay Medical Pharmacy Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/dryden-et-al