True North Freight Solutions Inc. (“True North”) and North Shore Logistics Inc. (“North Shore”)
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act
- Court
- Ontario Superior Court of Justice · Commercial List
- File
- CV-24-00718318-00CL
- Industry
- Transportation & logistics · Trucking & freight
True North Freight Solutions Inc. and North Shore Logistics Inc. were placed in court-appointed receivership by an order of the Ontario Superior Court of Justice made on April 12, 2024, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The matter proceeds in Ontario under court file CV-24-00719689-00CL and remains active. The record as it stands carries no steps beyond the appointment order itself.
A claims procedure has been established — see the order for deadlines.
Approval and Vesting Order (Revised Schedule A) - W.D. Black J. Dated June 14-2024 was filed.
Source: Approval and Vesting Order (Revised Schedule A) - W.D. Black J. Dated June 14-2024
Motion Record - Receiver (BDO Canada Limited) - Dated June 11, 2024 — Application / notice of application
The court appointed BDO Canada Limited as receiver, on the application of Bank of Montreal. Court file CV-24-00719689-00CL.
Source: Receivership Order (True North & North Shore), dated May 16, 2024
The court appointed BDO Canada Limited as interim receiver, on the application of Bank of Montreal. Court file CV-24-00718318-00CL.
Source: Interim Receiver Order (True North & North Shore), dated April 12, 2024
Undated filings2 — no date appears on the document · show
Debtor
True North Freight Solutions Inc. (“True North”) and North Shore Logistics Inc. (“North Shore”)
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 5 orders, Apr 2024 – Mar 2026 | 245 cases on record |
| Justice Black | Ontario Superior Court of Justice | 3 orders, Jun 2024 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverBDO | Chaitons LLP | 14 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorBank of Montreal | Aird & Berlis LLP | 12 Apr 2024 | Order · 12 Apr 2024 |
| CreditorBVD Petroleum Inc./BVD Capital Corporation | Simmons Da Silva LLP | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorDaimler Truck Financial Services Canada Corporation | Dentons Canada LLP | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorHarvinder Randhawa | Matthew R. Harris, Barrister and Solicitor | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorHSBC Bank Canada and Royal Bank of Canada | Thornton Grout Finnigan LLP | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorMNP Ltd | Simpson Wigle Law LLP | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorTalka Credit Union | Lecker & Associates | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorTD Equipment Finance Canada, A Division of The Toronto-Dominion Bank | Harrison Pensa LLP | 17 Jun 2024 | Service list · 17 Jun 2024 |
| CreditorTFG Financial Corporation | Evangelista LLP | 17 Jun 2024 | Service list · 17 Jun 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 985 casesDeemed trust class (HST arrears). CRA conducted an HST audit and assessed HST arrears for the period July 2020 to April 2022. CRA is separately reviewing True North's HST remittances for May 2022-November 2023, which Management believes will yield a refund (~$5.3 million) exceeding these arrears (unconfirmed). — debtor: True North Freight Solutions Inc. | $1.96M | Motion Record - Receiver (BDO Canada Limited) - Dated June 11, 2024 |
| 3 | Deemed trusts (CRA and other) | |||
| 3 | Deemed trusts (CRA and other) | |||
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
10 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured and PMSI / lessors claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
6 transactions · 2 proposed · 2 closed · 1 approved · 1 not completed — 128 Vehicles sold via auction, proceeds held in trust; 10 remaining Vehicles to be soldSecond Report of the Receiver dated January 24, 2025 · 24 Jan 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 7927959 Canada Corp.the assets listed at Appendix 'F' · asset sale | not stated | Proposed | First Report of the Receiver dated June 14, 2024 |
| end purchasers at the Ritchie Bros. auction, unnamedthe Equipment, as defined in the Auction Agreement · auction | not stated | Proposed | First Report of the Receiver dated June 14, 2024 |
| unnamed17 of the Sold Vehicles located at the property of a liquidator, sold in May 2024 | not stated | Closeddate not stated | First Report of the Receiver dated June 14, 2024 |
| each purchaser at auction, unnamedthe Debtors' and the Receiver's right, title and interest in and to the property purchased by such respective Purchaser at the auction · auction | Subscribers | Approved14 Jun 2024 | Approval and Vesting Order (Revised Schedule A)… |
| Macrotech28 vehicles (the 'Macrotech Vehicles') · asset sale · agreement 15 Nov 2023 | Subscribers | Not completeddate not stated | Second Report of the Receiver dated January 24,… |
| end purchasers at Ritchie Bros. auctions, unnamed128 Vehicles sold via various auctions conducted by Ritchie Bros. · auction | Subscribers | Closeddate not stated | Second Report of the Receiver dated January 24,… |
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 27 May 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report · 27 May 2024 |
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.
| Date | Document | File |
|---|---|---|
Order - dated March 31 2026
| PDF · Subscribers | |
| Motion Record dated March 18, 2026 | PDF · Subscribers | |
| Third Report of the Receiver dated March 18, 2026 | PDF · Subscribers | |
Distribution and Ancillary Relief Order – dated February 20, 2025
| PDF · Subscribers | |
Endorsement – dated February 20, 2025
| PDF · Subscribers | |
US Bank Order – dated February 20, 2025
| PDF · Subscribers | |
| Motion Record dated January 24, 2025 | PDF · Subscribers | |
Second Report of the Receiver dated January 24, 2025
| PDF · Subscribers | |
Service List (Dated June 17, 2024)
| PDF · Subscribers | |
Ancillary Relief (Revised) - W.D. Black J. Dated June14-2024
| PDF · Subscribers | |
Approval and Vesting Order (Revised Schedule A) - W.D. Black J. Dated June 14-2024
| PDF · Subscribers | |
Endorsement - BMO v. True North Freight Solutions Inc. et al; CV-24-719689-00CL; Dated June 14-2024
| PDF · Subscribers | |
First Report of the Receiver dated June 14, 2024
| PDF · Subscribers | |
Motion Record - Receiver (BDO Canada Limited) - Dated June 11, 2024
| PDF · Subscribers | |
Minutes First Meeting of Creditors
| PDF · Subscribers | |
Minutes of The First Meeting of Creditors
| PDF · Subscribers | |
Receivership Order (True North & North Shore), dated May 16, 2024
| PDF · Subscribers | |
| Bankruptcy Order, dated May 6, 2024 | PDF · Subscribers | |
| Statement of Affairs | PDF · Subscribers | |
Interim Receiver Order (True North & North Shore), dated April 12, 2024
| PDF · Subscribers | |
Trustee's Preliminary Report
| PDF · Subscribers | |
| Proof of Claim Form | PDF · Subscribers | |
| Reclamation of Property Form | 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., “True North Freight Solutions Inc. (“True North”) and North Shore Logistics Inc. (“North Shore”)” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 4 November 2026, https://proceedings.ca/case/true-north-freight-solutions-inc-north-shore-logistics-inc