#Order
Justice Kettle granted an interim order in the proceeding, dated Wednesday, November 26, 2025.
Source: Bankruptcy Order of Justice Kettle dated November 26, 2025.pdf
The Official Community Corporation
FollowActive
- Proceeding
- BankruptcyBankruptcy and Insolvency Act (Canada)
- File
- BK-25-00000019-0T35
Filings held2
Last activity26 Nov 2025
Secured debt$672K
OverviewSummary updated
The Official Community Corporation is in bankruptcy proceedings before the Superior Court of Justice in Bankruptcy and Insolvency, with Grant Thornton Limited appointed trustee of the estate of the bankrupt debtor. On November 26, 2025, the court granted an interim order and a meeting of creditors was held; the company's Statement of Affairs, sworn the same day, reported total liabilities of $1,144,779.39 against total assets of $672,280.75, secured creditors of $672,280.75 and unsecured creditors of $472,498.64 — a figure the document itself labels a deficiency on one page and a surplus on another. Royal Bank of Canada's claim of $964,497.95 was split between $672,280.75 secured and $292,217.20 unsecured. Other listed creditors include C. Marlow, owed $109,238.76, and Barney MacDonald, owed $43,612.84.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
#Claims
A meeting of creditors was held for The Official Community Corporation on November 26, 2025, the date its Statement of Affairs reported a deficiency of $472,498.64.
Source: Bankruptcy Package to Creditors dated December 15, 2025.pdf
Parties
Debtor
The Official Community Corporation
Trustee in bankruptcy
Doane Grant Thornton
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 556 casesListed as Finance Company Loans; claim bifurcated - $672,280.75 secured and $292,217.20 unsecured, total claim $964,497.95; date given/incurred 26-Nov-2025 — debtor: The Official Community Corporation · as of 26 Nov 2025 | $672K | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Royal Bank of Canada · in 556 casesFinance Company Loans; unsecured portion of bifurcated claim (secured portion $672,280.75 also listed); date given/incurred 26-Nov-2025 — debtor: The Official Community Corporation · as of 26 Nov 2025 | $292K | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | C. MarlowAccounts payable — debtor: The Official Community Corporation | $109K | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Barney MacDonaldAccounts payable — debtor: The Official Community Corporation | $43.6K | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Anwer ZahidAccounts payable — debtor: The Official Community Corporation | $18.6K | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Frank TisseraAccounts payable — debtor: The Official Community Corporation | $8.85K | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Megan RachAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Peter FerrierAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Michael (Mike) Astbury · in 3 casesAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Greg SchneiderAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Peter DikhaziAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Lisa PereiraAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Catherine Guinta-TheriaultAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Jagdeep KaurAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Travis BirdAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
| 8 | Unsecured | Aaron St.JohnAccounts payable — debtor: The Official Community Corporation | $1 | Bankruptcy Package to Creditors dated December 15, 2025.pdf |
Estate financialsReported figures — never derived
Total assets at filing$672K
Total liabilities at filing$1.14M
As at 26 Nov 2025 · per Statement of Affairs (Corporate Bankruptcy), as stated and estimated by bankrupt/debtor · The Official Community Corporation (single entity) — Liabilities breakdown: Secured creditors $672,280.75; Preferred creditors, securities, and priorities $0.00; Unsecured creditors $472,498.64; Contingent/trust claims $0.00. Deficiency of $472,498.64 (surplus figure of $472,498.64 shown on Form 78 p.1 reflects a different presentation - see note on discrepancy between deficiency and surplus labels across pages 2 and 6).
Documents2 filings
| Date | Document | File |
|---|---|---|
Bankruptcy Package to Creditors dated December 15, 2025.pdf
| ||
Bankruptcy Order of Justice Kettle dated November 26, 2025.pdf
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “The Official Community Corporation” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/the-official-community-corporation