#Order
The court appointed Albert Gelman Inc. as receiver and manager, on the application of Corradina Canonaco. Court file CL-26-00000209-0000.
Muskoka Recovery Inc. and 2855531 Ontario Inc.
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 248(3)(b) of the Business Corporations Act, and section 101 of the Courts of Justice Act
- File
- CL-26-00000209-0000
- Industry
- Health care · Home care & community health
OverviewSummary updated
Muskoka Recovery Inc. and 2855531 Ontario Inc. are before the Ontario Superior Court of Justice in a bankruptcy proceeding commenced August 6, 2026 under court file CL-26-00000209-0000, when an interim order was granted. The matter follows a default under the Bank of Montreal umbrella loan facility, secured against properties of 2855531 Ontario Inc. and personal properties pledged as collateral by Corradina Canonaco. A demand letter dated on or about April 30, 2026 put the indebtedness of 2855531 Ontario Inc. and its personal guarantors at CAD 5,408,380.19, and BMO served a notice of intention to enforce security on the company under the BIA. Corradina Canonaco, a related party and applicant, and Ewa Maria Ricci are personal guarantors. The proceeding is active.
Proceedings AIOpen Proceedings AI
Case updates3 dated entries
#Order
Interim order granted, commencing the proceeding in the Ontario Superior Court of Justice under court file CL-26-00000209-0000.
Source: Endorsement dated July 31, 2026
Parties
Debtor
Muskoka Recovery Inc. and 2855531 Ontario Inc.
Receiver
Albert Gelman
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jul 2026 – Aug 2026 | 245 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantCorradina Canonaco | Sotos LLP | 11 May 2026 | Application · 11 May 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal · in 297 casesBMO Facility - umbrella loan facility secured against 285 properties and personal properties pledged by Corradina Canonaco as collateral — Demand letter dated on or about April 30, 2026 states 285 and personal guarantors are indebted in this amount; Notice of Intention to Enforce Security served on 285 under BIA. Facility in default. Corradina Canonaco is a personal guarantor (related party/applicant); Ewa Maria Ricci is also a personal guarantor. — debtor: 2855531 Ontario Inc. (285), with personal guarantors including Corradina Canonaco and Ewa Maria Ricci · as of 30 Apr 2026 | $5.41M | Notice of Application dated May 11 2026 |
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.
Documents3 filings
| Date | Document | File |
|---|---|---|
Order (Appointing Receiver) dated August 6, 2026
| PDF · Subscribers | |
Endorsement dated July 31, 2026
| PDF · Subscribers | |
Notice of Application dated May 11 2026
| 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., “Muskoka Recovery Inc. and 2855531 Ontario Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/muskoka-recovery-inc-and-2855531-ontario-inc