Le Foyer St. Bernard Inc.
Follow- Proceeding
- Receivership (court-appointed)Subsection 245(1) and 246(1) of the Bankruptcy & Insolvency Act
Le Foyer St. Bernard Inc. is in receivership, with BDO Canada Limited acting as receiver since March 3, 2023 on the appointment of Toronto Dominion Bank of Canada, its primary secured lender. In an Amended Notice and Statement of Receiver under ss. 245(1) and 246(1) of the Bankruptcy and Insolvency Act dated April 4, 2023, the Receiver reported that it had not yet obtained the Debtor's books and records and so had no list of creditors and balances owing. TD Bank's secured claim is stated at CAD 495,507, supported by a 2016 collateral mortgage over the real property at 250 Rue Principale, Neguac, NB, a general assignment of rentals and a general security agreement. Amounts are stated as unknown for the Canada Revenue Agency, Marc Louis Girouard and the NB Department of Post-Secondary Education, Training and Labour, each listed as holding security on the property. The Debtor's special care home licence was revoked by the NB Department of Social Development in mid-January 2023. The proceeding remains active.
Fixes the receiver's appointment date as March 3, 2023, made by Toronto Dominion Bank as primary secured lender over the Neguac property and personal property.
Source: Le Foyer St. Bernard - Invitation for Offers - April 2023
BDO Canada Limited was appointed receiver of Le Foyer St. Bernard Inc. on the appointment of Toronto Dominion Bank, the primary secured lender, under a s. 245 notice.
Source: Amended 245 Notice April 4 2023
Debtor
Le Foyer St. Bernard Inc.
Receiver
BDO
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesListed as a creditor holding security on the property. — Amount stated as “Unknown” — not a zero. Crown claim (deemed-trust class where applicable). — debtor: Le Foyer St. Bernard Inc. | — | Amended 245 Notice April 4 2023 |
| 4 | Secured | Toronto Dominion Bank · in 35 casesCollateral Mortgage against the real property at 250 Rue Principale, Neguac, NB (Land Titles Act (NB) Document No. 35988592, registered June 3, 2016); General Assignment of Rentals (Document No. 35997205, June 7, 2016); General Security Agreement dated June 7, 2016 over all present and after-acquired personal property (Financing Statement Instrument No. 27496629). The Receiver was appointed by TD Bank as primary secured lender. — Stated in the Amended Notice under s.245(1)(d) BIA; no valuation date is tied to the figure. — debtor: Le Foyer St. Bernard Inc. | $496K | Amended 245 Notice April 4 2023 |
| 4 | Secured | Girouard, Marc LouisListed as a creditor holding security on the property. — Amount stated as “Unknown” — not a zero. Individual creditor. — debtor: Le Foyer St. Bernard Inc. | — | Amended 245 Notice April 4 2023 |
| 4 | Secured | NB Dept. of Post-Secondary Education, Training and LabourListed as a creditor holding security on the property. — Amount stated as “Unknown” — not a zero. Provincial Crown claim. — debtor: Le Foyer St. Bernard Inc. | — | Amended 245 Notice April 4 2023 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted 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.
| Date | Document | File |
|---|---|---|
Le Foyer Teaser Final
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Le Foyer St. Bernard - Invitation for Offers - April 2023
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Amended 245 Notice April 4 2023
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Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Le Foyer St. Bernard Inc.” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/le-foyer-st-bernard-inc