Proceedings.

Pascal Financial Services Inc.

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Active
Proceeding
Receivership (court-appointed)Section 245(1) and 246(1) of The Bankruptcy and Insolvency Act
Filings held1
Last activity28 Jun 2023
On the record1,181 days
Secured debtSubscribers
OverviewSummary updated

Pascal Financial Services Inc. has been in receivership in Ontario since June 28, 2023, when MNP Ltd. was appointed receiver under sections 245(1) and 246(1) of the Bankruptcy and Insolvency Act. The proceeding remains active. Four secured creditors claim under a Secured Line of Credit Agreement executed January 4, 2022: Anthony Wonnacott at CAD 396,388, noted as a possible related party in the capacity of individual guarantor or lender; Vesta Global Stability Fund LP at CAD 204,148; Orinwswift Ventures Inc. at CAD 109,288; and Vesta Diversified Private Equity Fund LP at CAD 102,074, each as of June 28, 2023. Schedule A lists other creditors of the debtor, led by Jonah Group at CAD 766,277.35, Howard Atkinson at CAD 598,328, ESI Technologies De L'information Inc. at CAD 135,296.31 and Frances Zomer at CAD 122,968.16, alongside trade and service suppliers including Amazon Web Services, Docusign Inc., Morningstar Research Inc, Meridian and Cambridge LLP.

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Case updates1 dated entry
Parties

Debtor

Pascal Financial Services Inc.

Receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredAnthony WonnacottSecured Line of Credit Agreement executed January 4, 2022 — Appointed MNP Ltd. as Receiver; possible related party (individual guarantor/lender) — debtor: Pascal Financial Services Inc · as of 28 Jun 2023$396KNotice and Statement of Receiver

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.

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Documents1 filing
DateDocumentFile
Notice and Statement of Receiver
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 28 June 2023
  • Financial position Subscribers
  • + 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., “Pascal Financial Services Inc.” (Receivership (court-appointed)). Retrieved 20 September 2026, https://proceedings.ca/case/pascal-financial-services-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/pascal-financial-services-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.