Proceedings.

Upwood Park / Salvador Del Mundo Co-operative Homes Inc. – Receivership

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Active
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Ontario Superior Court of Justice · Commercial List
File
CV-21-00658491-00CL
Filings held16
Last activity30 Jun 2026
OverviewSummary updated

Upwood Park / Salvador Del Mundo Co-operative Homes Inc. is subject to a court-appointed receivership before the Ontario Superior Court of Justice (Commercial List) under Court File No. CV-21-00658491-00CL, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding remains active. No dated milestones have been recorded on this file.

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Case updates15 dated entries · 1 undated

12 earlier updates subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Precedent note

What a co-op member is owed

A New Brunswick fishermen's co-operative filed under the CCAA on August 12 owing its 91 members $4,669,000.41 — booked not as equity but as unsecured debt. Eight days later in Vancouver, a receiver was authorized to distribute $11.5 million to the members of another co-operative, measured in the 566,658,103 pounds of fruit they had delivered. The August 2026 record shows courts reaching past the co-operatives statutes to work out what a member is.

Parties

Debtor

Upwood Park / Salvador Del Mundo Co-operative Homes Inc. – Receivership

Receiver

BDO

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredPeoples Trust · in 2 casesMortgage on the Properties (298/300 Queens Drive) - referred to as 'the mortgage company'; no balance or facility amount stated in the document — Interim Receiver authorized mortgage payments to continue from its trust account; no outstanding balance disclosed — debtor: Upwood Park/Salvador Del Mundo Cooperative Homes Inc.First Report of the Interim Receiver dated March 8, 2021

“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.

1 more claim across lower-ranking classes

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Estate financialsReported figures — never derived

Professional fees to date

$1.41M

As at 8 Jan 2026Fourth Report of Interim Receiver dated January 8, 2026

Documents
16 filings
DateDocumentFile
Endorsement - dated June 30, 2026
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Order - dated June 30, 2026
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Motion Record of the Interim Receiver
  • Applicant City of Toronto
  • Appointee BDO Canada Limited
  • Appointee role interim receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 2 more extracted facts
PDF · Subscribers
Fourth Report of Interim Receiver dated January 8, 2026
  • Cash on hand · Disbursements · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Motion Record of the Interim Receiver dated January 08, 2026
  • Applicant CITY OF TORONTO
  • Appointee BDO Canada Limited
  • Appointee role interim receiver and manager
  • Court SUPERIOR COURT OF JUSTICE
  • + 2 more extracted facts
PDF · Subscribers
City of Toronto v Upwood ParkSalvador Del Mundo Co-operative Homes Inc. - Order June 5, 2025
  • Presiding officer Justice Kimmel
PDF · Subscribers
Responding Motion Record of the City of Toronto dated June 3, 2025PDF · Subscribers
Third Report of the Interim Receiver dated June 3, 2025PDF · Subscribers
Toronto v Upwood Park Court Decision - no funding
  • Presiding officer Justice Penny
PDF · Subscribers
Supplemental Report of the Interim Receiver dated February 18, 2022PDF · Subscribers
Second Report of the Interim Receiver dated December 10, 2021PDF · Subscribers
City of Toronto v Upwood Park - OrderPDF · Subscribers
First Report of the Interim Receiver dated March 8, 2021
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Mendes Affidavit - dated March 8, 2021
PDF · Subscribers
Appointment LetterPDF · Subscribers
Recommended and Court Approved Election Process and Pathway to Self-GovernancePDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Upwood Park / Salvador Del Mundo Co-operative Homes Inc. – Receivership” (Receivership (court-appointed)), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/upwood-park-salvador-del-mundo-co-operative-homes-inc-receivership

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/upwood-park-salvador-del-mundo-co-operative-homes-inc-receivership

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.