545918 Ontario Inc. Formerly Ferrex Engineering Inc.

Active

Proceeding: BankruptcyParagraph 50.4(8)(b.1) of the Act
File: 31-2636073

Filings held3

Last activity19 Jun 2020

On the record2,285 days

OverviewSummary updated 19 August 2026

545918 Ontario Inc., formerly Ferrex Engineering Inc., is in bankruptcy in Ontario under the Bankruptcy and Insolvency Act, estate number 31-2636073, with MNP Ltd. as trustee of the estate. The company was deemed to have filed an assignment on June 19, 2020, and the proceeding remains active. The creditor mailing list circulated with the notice of bankruptcy and first meeting of creditors records unsecured claims as at June 19, 2020, led by 1199541 Ontario Inc. at CAD 1,007,457.00 and Micro Fines Recycling Owego, LLC at USD 757,441.29, followed by 1757084 Ontario Inc. at CAD 24,143.00, Fabricated Plastics Limited at CAD 23,562.76, Bearsfield Developments at CAD 2,081.90 and Bell Canada at CAD 593.00. Severance pay claims are listed for Gerald Cleary at CAD 14,603.20 and Steven Driesman at CAD 12,461.60.

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Case updates3 dated entries

19 Jun 2020

#Report

The officer filed a report. Court file 31-2636073.

Source: Certificate of Appointment

19 Jun 2020

#Claims

Company deemed to have filed an assignment, opening the estate under MNP Ltd. as trustee and setting the June 19, 2020 date for listing creditor claims.

Source: Notice of Bankruptcy and First Meeting of Creditors

19 Jun 2020

#Report

Court officer report recording that 545918 Ontario Inc. was deemed to have made an assignment in bankruptcy on June 19, 2020, commencing the estate.

Source: Trustee's Preliminary Report

Parties

Debtor

545918 Ontario Inc. Formerly Ferrex Engineering Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Unsecured	1199541 Ontario Inc. · in 2 casesdebtor: 545918 Ontario Inc. (formerly Ferrex Engineering Ltd.) · as of 19 Jun 2020	$1.01M	Notice of Bankruptcy and First Meeting of Creditors

7 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 9 Jul 2020

Class	Creditor	Claims	Recovery	Basis	Source
Unsecured	Company's creditors	—	no distribution	Estimatedper the trustee	Trustee's Preliminary Report · 9 Jul 2020

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents3 filings

Date	Document	File
9 Jul 2020	Trustee's Preliminary Report Appointee MNP Ltd. Appointee role Trustee of the estate Commencement date 19 June 2020 Court file no 31-2636073 + 3 more extracted facts	PDF · Subscribers

26 Jun 2020	Notice of Bankruptcy and First Meeting of Creditors Commencement date 19 June 2020 Court file no 31-2636073 Financial position · Secured creditors Subscribers + 1 more extracted fact	PDF · Subscribers

19 Jun 2020	Certificate of Appointment Appointee MNP LTD / MNP LTÉE Appointee role Licensed Insolvency Trustee Commencement date 19 June 2020 Court file no 31-2636073 + 1 more extracted fact	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., “545918 Ontario Inc. Formerly Ferrex Engineering Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/ferrex-545918-ontario-inc