Jubilee Jewellers Inc. has been under court-appointed receivership in Ontario since October 19, 2017, when the Ontario Superior Court of Justice appointed MNP Ltd. as receiver on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, court file 17-74202. RBC was owed $2,218,020 as at the receivership date and holds a General Security Agreement dated March 30, 2007, the security under which the receiver was appointed; Oxygen Working Capital Corp was owed $500,000 and the Business Development Bank of Canada - Ottawa West $250,000. The receiver's Form 87 statement, as at November 28, 2017, lists unsecured claims led by Pandora Group at $1,230,570.46, Viking Rideau Corporation at $734,843.19 and unnamed private investors aggregating $658,029.25. The receivership remains active.
The officer filed report no. Final Report of the Receiver. The Receiver completed the liquidation of the Company's remaining assets and distributed the proceeds to the secured creditor, who was not paid in full; this notice serves as the Receiver's final report closing out the receivership.
Source: Final Report to the Receiver and Receiver's Receipts and Disbursements
Debtor
Jubilee Jewellers Inc
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesas of receivership date (November 20, 2017) — General Security Agreement dated March 30, 2007 — Receiver appointed by virtue of this security — debtor: Jubilee Jewellers Inc. | $2.22M | Notice and Statement of the Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
133 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
Royal Bank of Canada: shortfall.FinalFinal Report to the Receiver and Receiver's Receipts and Disbursements · 5 May 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Royal Bank of Canada | — | shortfall | Finalper the receiver | Final Report to the Receiver and Receiver's Receipts and Disbursements · 5 May 2021 |
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.
Cumulative receipts
$874K
As at 5 May 2021Final Report to the Receiver and Receiver's Receipts and Disbursements
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Final Report to the Receiver and Receiver's Receipts and Disbursements
| PDF · Subscribers | |
First Report to Court
| PDF · Subscribers | |
| Certificate of Filing | PDF · Subscribers | |
Notice and Statement of the Receiver
| PDF · Subscribers | |
Court Order - Appointment of Receiver
| 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., “Jubilee Jewellers Inc” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/jubilee-jewellers-inc-rcvr
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/jubilee-jewellers-inc-rcvr
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.