Toronto Artscape Inc.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-23-00711609-00CL
- Industry
- Real estate · Real estate services
Toronto Artscape Inc. has been under court-appointed receivership in the Ontario Superior Court of Justice since January 11, 2024, when a receivership order was made in Court File No. CV-23-00711609-00CL. The appointment proceeds under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding remains active. Beyond the January 11, 2024 order that commenced it, the record before creditors and counsel contains no further steps in the receivership.
Motion Record of the Receiver dated December 20, 2024 Vol. 1 of 2 — Application / notice of application
Responding Motion Record of the City of Toronto dated April 22, 2024 — Response / objection pleading
Motion Record of the Receiver Returnable April 25, 2024 — Application / notice of application
Receivership order made Thursday, January 11, 2024, placing Toronto Artscape Inc. into court-appointed receivership and commencing the proceeding in Court File No. CV-23-00711609-00CL.
Source: Receivership Order
Supplementary Motion Record of the Respondent Returnable January 11, 2024 — Application / notice of application
Motion Record of the City of Toronto Returnable January 5, 2024 — Application / notice of application
Motion Record of the Respondent Returnable January 5, 2024 — Application / notice of application
Guide
Power of sale vs foreclosure vs receivership in Canada
When a Canadian borrower stops paying a mortgage, the lender can sell the property itself, ask a court to foreclose, or have a receiver take control. How the routes differ by province, what each means for owners and tenants, and how long a receivership takes, drawn from the court record.
Debtor
Toronto Artscape Inc.
Receiver
msi Spergel inc.
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 12 orders, Jan 2025 | 310 cases on record |
| Justice Steele | Ontario Superior Court of Justice | 8 orders, Jan 2023 – May 2024 | 245 cases on record |
| Justice Black | Ontario Superior Court of Justice | 3 orders, Aug 2025 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Receivermsi Spergel inc. | Fogler, Rubinoff LLP | 21 Dec 2023 | Service list · 21 Dec 2023 |
| ApplicantToronto-Dominion Bank | Harrison Pensa LLP | 11 Jan 2023 | Order · 11 Jan 2023 |
| DebtorToronto Artscape Inc. | Miller Thomson LLP · Gardiner Miller Arnold LLP · Harrison Pensa LLP | 11 Jan 2023 | Service list · 21 Dec 2023 |
| CreditorCity of Toronto | City Solicitor'S Office | 24 Apr 2024 | Factum · 24 Apr 2024 |
| CreditorCommunity Forward Fund | Robins Appleby LLP | 21 Dec 2023 | Service list · 21 Dec 2023 |
| CreditorFirst Ontario Credit Union Limited | Simpson Wigle Law LLP | 21 Dec 2023 | Service list · 21 Dec 2023 |
| CreditorVancity Community Investment Bank | Simpson Wigle Law LLP | 21 Dec 2023 | Service list · 21 Dec 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Vancity Community Investment Bank · in 3 casesNamed as one of the Secured Creditors; no amount stated in this report. — debtor: Toronto Artscape Inc. | — | Pre-Filing Report of msi Spergel inc. dated January 4, 2023 |
| Secured | |||
| Secured | |||
| Secured |
3 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plans“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.
City of Toronto: a distribution.Motion Record of the Receiver · 28 Jul 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Court charges | City of Toronto | — | interim | per the receiver | Motion Record of the Receiver · 28 Jul 2025 |
| class not placedThe City of Toronto | The City of Toronto | — | interim | per the receiver | Motion Record of the Receiver · 9 Apr 2025 |
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.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Ancillary Order of the Honourable Justice Black dated August 13, 2025
| PDF · Subscribers | |
Approval and Vesting Order of the Honourable Justice Black dated August 13, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Black dated August 13, 2025
| PDF · Subscribers | |
| Factum of the Receiver dated August 6, 2025 | PDF · Subscribers | |
Motion Record of the Receiver dated July 29, 2025
| PDF · Subscribers | |
Ancillary Order of the Honourable Justice Osborne dated April 17, 2025
| PDF · Subscribers | |
| Approval and Vesting Order - 150 Sudbury Street dated April 17, 2025 | PDF · Subscribers | |
| Approval and Vesting Order - 180 Shaw Street dated April 17, 2025 | PDF · Subscribers | |
| Aide Memoire of the Receiver dated April 15, 2025 | PDF · Subscribers | |
Motion Record of the Receiver dated April 9, 2025
| PDF · Subscribers | |
Ancillary Order of the Honourable Justice Conway dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Abell Live-Work Units dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - College Montrose dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Gillian Iles and Matthew Schofield dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Inspirit Foundation dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Intergalactic Arts Collective dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Koffler dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Propeller Centre for the Visual Arts dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Simcoe Units dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - Small World Music Society dated January 7, 2025
| PDF · Subscribers | |
Approval and Vesting Order - The Centre for Indigenous Theatre dated January 7, 2025
| PDF · Subscribers | |
Endorsement of the Honourable Justice Conway dated January 7, 2025
| PDF · Subscribers | |
| Factum of the Receiver dated January 3, 2025 | PDF · Subscribers | |
| Motion Record of the Receiver dated December 20, 2024 Vol. 1 of 2 | PDF · Subscribers | |
Sale Process Approval Order re Abell and Simcoe dated May 1, 2024
| PDF · Subscribers | |
Endorsement of the Honourable Justice Steele dated April 25, 2024
| PDF · Subscribers | |
Sale Process Approval Order re Launchpad and Youngplace dated April 25, 2024
| PDF · Subscribers | |
Factum of the City of Toronto dated April 24, 2024
| PDF · Subscribers | |
| Reply Factum of the Receiver dated April 24, 2024 | PDF · Subscribers | |
| Factum of the Receiver dated April 22, 2024 | PDF · Subscribers | |
| Responding Motion Record of the City of Toronto dated April 22, 2024 | PDF · Subscribers | |
| Motion Record of the Receiver Returnable April 25, 2024 | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Supplementary Motion Record of the Respondent Returnable January 11, 2024 | PDF · Subscribers | |
Factum of the Respondent dated January 3, 2024
| PDF · Subscribers | |
| Motion Record of the City of Toronto Returnable January 5, 2024 | PDF · Subscribers | |
| Motion Record of the Respondent Returnable January 5, 2024 | PDF · Subscribers | |
Book of Authorities of TD dated December 21, 2023
| PDF · Subscribers | |
Factum of TD dated December 21, 2023
| PDF · Subscribers | |
Service List as of December 21, 2023
| PDF · Subscribers | |
| Application Record of TD Returnable January 5, 2024 | PDF · Subscribers | |
ANPHI Approval and Vesting Order of Justice Steele dated January 11, 2023
| PDF · Subscribers | |
ArtHubs Approval and Vesting Order of Justice Steele dated January 11, 2023
| PDF · Subscribers | |
Discharge Order of Justice Steele related to Not-for-Profit Assets dated January 11, 2023
| PDF · Subscribers | |
Endorsement of the Honourable Justice Steele dated January 11, 2023
| PDF · Subscribers | |
Pre-Filing Report of msi Spergel inc. dated January 4, 2023
| 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., “Toronto Artscape Inc.” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/toronto-artscape-inc