Proceedings.

Gestion Global-Canada Inc

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Proceeding
Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act
File
500-11-044947-139
Industry
Real estate
Filings held9
Last activity3 May 2018
On the record4,888 days
Secured debtSubscribers
OverviewSummary updated

Gestion Global-Canada Inc is the subject of active court-appointed receivership proceedings in the Superior Court of Québec (Commercial Division), commenced June 18, 2013 under BIA s. 243 and provincial Judicature Act provisions on the application of HSBC Bank Canada, court file 500-11-044947-139. Ernst & Young Inc. acts as trustee in bankruptcy. An interim order was granted April 11, 2018, the date as of which claims on the creditor mailing list are stated. That list records HSBC Bank Canada as a secured creditor for CAD 1,800,000 and, in a separate capacity, as an unsecured creditor for CAD 500,000, with Barrette & Associés also listed among the unsecured creditors. The proceeding remains active.

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Case updates9 dated entries
#Report

The officer filed report no. Second Report. The Receiver reports on the completed sale of two properties approved by the Court in May 2014, and details the ongoing sale process for the third property (Unit 2112), including repairs, broker retention, market comparables, and an accepted purchase offer subject to Court approval.

Source: Second Report of the Receiver

#Report

The officer filed report no. First Report. The receiver took possession of the Village Property in April 2014 (not Unit 1712, which was occupied) and ran its own sale process for the two listed properties, accepting offers on both and recommending court approval of the sales.

Source: First Report of the Receiver

Parties

Debtor

Gestion Global-Canada Inc

Receiver

EY

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredHSBC Bank Canada · in 55 casesas of bankruptcy order date (April 11, 2018) — Listed as secured creditor on Creditor Mailing List — debtor: Gestion Global-Canada Inc.$1.8MNotice to Creditors, including Proof of Claim
8Unsecured
8Unsecured

2 more claims in 1 class The stack holds Secured and Unsecured claims.

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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.

Sale processAs stated in the filings

3 transactions · 2 closed · 1 approved — Sale of Unit 2112 accepted subject to Court approval and vesting order; two prior properties concludedSecond Report of the Receiver · 4 Feb 2016

PurchaserPriceStatusSource
Micheline BouvierUnit 1712. Said Unit 1712 being the immovable property owned by the Debtor and further described as the immovable property known and designated as lots 3 696 999, 3 697 180 and 3 697 179 of the Cadastre of Quebec, Registration division of Montreal · real property · agreement 25 Apr 2014SubscribersCloseddate not statedSecond Report of the Receiver
Randy Ovaskainen and Paige McEachrenthe Village Property. Said Village Property being the immovable property owned by the Debtor and further described as the immoveable property known and designated as lot 4 125 689 of the Cadastre of Quebec, Registration division of Argenteuil · real propertySubscribersCloseddate not statedSecond Report of the Receiver
2112 Purchaser, unnamedUnit 2112 · real propertySubscribersApprovedSecond Report of the Receiver
AdvisorsGroupe Sutton sur l'Ile Inc. (listing broker); Remax Haute Performance Inc. (listing broker); Louisa Fortin (listing broker)Second Report of the Receiver
Closing termsVesting occurs upon filing of Receiver's Certificates for each transaction.Judgment Authorizing the Sale of Two Properties
Sealed materials1712 Transaction offer; Village Transaction offerJudgment Authorizing the Sale of Two Properties
Documents
9 filings
DateDocumentFile
Notice to Creditors, including Proof of Claim
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Authorizing the Distribution of Certain Funds, Issuing a Bankruptcy Order and Other Reliefs
  • Applicant HSBC BANK CANADA
  • Appointee Ernst & Young Inc.
  • Appointee role trustee in bankruptcy
  • Commencement date 11 April 2018
  • + 3 more extracted facts
PDF · Subscribers
Motion Seeking the Authorization to Distribute Certain Funds, Issue a Bankruptcy Order and Other Reliefs
  • Applicant HSBC BANK CANADA
  • Appointee ERNST & YOUNG INC.
  • Appointee role Receiver
  • Court SUPERIOR COURT (Commercial Division)
  • + 3 more extracted facts
PDF · Subscribers
Order on the Motion Seeking the Authorization to Sell Property of the Debtor and the Issuance of a Vesting OrderPDF · Subscribers
Second Report of the Receiver
  • Closing confirmed Closed · date not stated; Closed · date not stated
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Motion Seeking the Authorization to Sell Property of the Debtor and the Issuance of a Vesting OrderPDF · Subscribers
Judgment Authorizing the Sale of Two Properties
  • Closing terms Vesting occurs upon filing of Receiver's Certificates for each transaction.
  • Order date 21 May 2014
  • Purchaser Micheline Bouvier · Unit 1712. Said Unit 1712 being the immovable property owned by the Debtor and further described as the immovable property known and designated as lots 3 696 999, 3 697 180 and 3 697 179 of the Cadastre of Quebec, Registration division of Montreal · real property · approved; Randy Ovaskainen and Paige McEachren · the Village Property. Said Village Property being the immovable property owned by the Debtor and further described as the immoveable property known and designated as lot 4 125 689 of the Cadastre of Quebec, Registration division of Argenteuil · real property · approved
  • Sealed items 1712 Transaction offer; Village Transaction offer
  • + 1 more extracted fact
PDF · Subscribers
First Report of the Receiver
  • Operational summary The receiver took possession of the Village Property in April 2014 (not Unit 1712, which was occupied) and ran its own sale process for the two listed properties, accepting offers on both and recommending court approval of the sales.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Order Appointing a Receiver
  • Applicant HSBC BANK CANADA
  • Appointee Ernst & Young Inc.
  • Appointee role receiver
  • Commencement date 18 June 2013
  • + 4 more extracted facts
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., “Gestion Global-Canada Inc” (Receivership (court-appointed)), Superior Court of Québec. Retrieved 4 November 2026, https://proceedings.ca/case/gestion-global-canada-inc

Sources last checked · summary updated 28 August 2026 · Report a correction · Printed from proceedings.ca/case/gestion-global-canada-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.