On Track Door Systems Canada Inc
Follow- Proceeding
- ProposalSection 50(5) of the Bankruptcy and Insolvency Act
- File
- 35-2526785
On Track Door Systems Canada Inc. remains in active Division I proposal proceedings in Ontario, commenced 24 June 2019 under section 50(5) of the Bankruptcy and Insolvency Act, with MNP Ltd. acting as trustee under file no. 35-2526785. The company's statement of affairs and Form 92 list of creditors report RBC Royal Bank facilities of $264,000 on truck and equipment finance, $90,000 on a line of credit and $65,000 on a Visa account. Unsecured claims include $166,311.08 owing to ODCC, Corp. Kinnear, $127,784.02 to CHI Overhead Doors, Canada Revenue Agency claims of $114,439.18 and $68,480.60, $100,000 to Lisa McPherson, $49,167.91 to LiftMaster and $48,566.07 to Air Liquide Canada Inc., alongside $40,000 in customer deposits and $1,000 owing to employees.
Proposal proceedings began under section 50(5), with MNP Ltd. as trustee and a claims process approved; creditors were identified in the Form 92 list.
Notice of intention dated June 24, 2019 was filed, marking the commencement of the Ontario proceedings under court file number 35-2526785.
Source: Certificate for the Notice of Intention to make a Proposal
A court officer filed a report on the commencement date; the record gives no detail of its contents.
Debtor
On Track Door Systems Canada Inc
Proposal trustee
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | RBC Royal Bank / Banque Royale · in 56 casesas of Statement of Affairs / List of Creditors as reported — Line of Credit — Listed as secured-type facility (Line of Credit) in list of creditors with claims of $250 or more — debtor: On Track Door Systems Canada Inc. | $90K | Notice of Proposal to Creditors |
| 4 | Secured | RBC Royal Bank Visa · in 24 casesas of Statement of Affairs / List of Creditors as reported — Listed among creditors in Form 92 list; nature of security not specified beyond account type (Visa) — debtor: On Track Door Systems Canada Inc. | $65K | Notice of Proposal to Creditors |
| 7 | Preferred (BIA s. 136) | Employees · in 185 casesas of Statement of Affairs / List of Creditors as reported — Possible wage-earner preferred claim; document does not specify priority status — debtor: On Track Door Systems Canada Inc. | $1K | Notice of Proposal to Creditors |
| 8 | Unsecured | ODCC, Corp. Kinnearas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $166K | Notice of Proposal to Creditors |
| 8 | Unsecured | CHI Overhead Doorsas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $128K | Notice of Proposal to Creditors |
| 8 | Unsecured | CRA - Tax - Ontario (Account 803579755 RP0001, J. Langille - Collection Officer) · in 252 casesas of Statement of Affairs / List of Creditors as reported — Deemed trust / CRA quasi-governmental claim — debtor: On Track Door Systems Canada Inc. | $114K | Notice of Proposal to Creditors |
| 8 | Unsecured | Lisa McPhersonas of Statement of Affairs / List of Creditors as reported — Individual creditor — debtor: On Track Door Systems Canada Inc. | $100K | Notice of Proposal to Creditors |
| 8 | Unsecured | CRA - Tax - Ontario (Account 803569755 RT0001) · in 252 casesas of Statement of Affairs / List of Creditors as reported — Deemed trust / CRA quasi-governmental claim — debtor: On Track Door Systems Canada Inc. | $68.5K | Notice of Proposal to Creditors |
| 8 | Unsecured | LiftMasteras of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $49.2K | Notice of Proposal to Creditors |
| 8 | Unsecured | Air Liquide Canada Inc. · in 78 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $48.6K | Notice of Proposal to Creditors |
| 8 | Unsecured | Customer Deposits · in 4 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $40K | Notice of Proposal to Creditors |
| 8 | Unsecured | Devanco Canadaas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $35.4K | Notice of Proposal to Creditors |
| 8 | Unsecured | Wells Fargo Financial Corporation Canada · in 7 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $31.2K | Notice of Proposal to Creditors |
| 8 | Unsecured | 2202398 Ontario Inc.as of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $31K | Notice of Proposal to Creditors |
| 8 | Unsecured | Rodrigues Paiva LLPas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $23.1K | Notice of Proposal to Creditors |
| 8 | Unsecured | Amarras of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $19.9K | Notice of Proposal to Creditors |
| 8 | Unsecured | Borden Ladner Gervais LLP · in 28 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $19.4K | Notice of Proposal to Creditors |
| 8 | Unsecured | SJM Sunset Holdings Inc.as of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $16.3K | Notice of Proposal to Creditors |
| 8 | Unsecured | Clopay Canadaas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $11.1K | Notice of Proposal to Creditors |
| 8 | Unsecured | Micananas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $7.1K | Notice of Proposal to Creditors |
| 8 | Unsecured | Bauman Overhead Doorsas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $5.72K | Notice of Proposal to Creditors |
| 8 | Unsecured | DEK Canadaas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $4.68K | Notice of Proposal to Creditors |
| 8 | Unsecured | Yellow Pages · in 8 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $3.42K | Notice of Proposal to Creditors |
| 8 | Unsecured | Pentagon Security Shutters · in 2 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $3.03K | Notice of Proposal to Creditors |
| 8 | Unsecured | Bell Mobility c/o FCT Default Solutions · in 27 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $2.73K | Notice of Proposal to Creditors |
| 8 | Unsecured | Donald L. Tweedleas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $2.15K | Notice of Proposal to Creditors |
| 8 | Unsecured | Reuben Baumanas of Statement of Affairs / List of Creditors as reported — Individual creditor — debtor: On Track Door Systems Canada Inc. | $2.08K | Notice of Proposal to Creditors |
| 8 | Unsecured | GB Telecomas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $1.08K | Notice of Proposal to Creditors |
| 8 | Unsecured | Sunbelt Rentals of Canada Inc. · in 15 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $570 | Notice of Proposal to Creditors |
| 8 | Unsecured | Hydro One · in 20 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $477 | Notice of Proposal to Creditors |
| 8 | Unsecured | Union Gas · in 29 casesas of Statement of Affairs / List of Creditors as reported — debtor: On Track Door Systems Canada Inc. | $348 | Notice of Proposal to Creditors |
Unsecured creditors: 8.5 % of proven claims.Under the planTrustee's Report to the Creditors · 24 Jul 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planper the trustee | Trustee's Report to the Creditors · 24 Jul 2019 |
| Unsecured | — | $878Kestimated | 8.5 %of proven claims | Under the planper the trustee | Trustee's Report to the Creditors · 24 Jul 2019 |
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.
As at 24 Jun 2019 · per Stated 'Total' of the NOI 'List of Creditors with claims of $250 or more' as reported · On Track Door Systems Canada Inc. (single entity) — Total of the creditor listing attached to the Notice of Intention to Make a Proposal (NOI filed June 24, 2019); sum of listed creditor claims of $250 or more, not an audited balance sheet, and excludes any claims under $250. No asset figures stated.
| Date | Document | File |
|---|---|---|
| Notice of the Reconvened Meeting | ||
Notice of Proposal to Creditors
| ||
Trustee's Report to the Creditors
| ||
| Certificate of Filing of a Proposal | ||
Notice to Creditors of Intention to make a Proposal
| ||
Certificate for the Notice of Intention to make a Proposal
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “On Track Door Systems Canada Inc” (Proposal). Retrieved 20 September 2026, https://proceedings.ca/case/on-track-door-systems-canada-inc