Ontario · Receivership (court-appointed)
Motion Record of the Receiver dated October 15, 2026 (2 of 3)
Application / notice of application · 15 October 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- unsecured creditorsnote: Deemed-trust class (GST/HST). No single balance owing is stated. The Summary states: final increase to net tax for the examination periods $1,191,051.98; final revised net tax for the examination periods $(3,004,851.17) (negative, i.e. refund position as revised); Schedule D gross negligence penalties applied to net tax $297,762.99; Schedule C sales adjustments decreased by $1,490,901.85 (reporting only, does not affect net tax). Net tax per returns $(4,195,903.15); Schedule A GST/HST adjustments $137,266.77; Schedule B ITC adjustments $1,053,785.21. Document does not state a net amount owing. · page: 1 · basis: CRA Summary of Adjustments - Final (examination periods 2024-02-29 to 2024-12-31) · debtor: 8777691 Canada Inc. (GST/HST account 82814 4170 RT0001) · creditor: Canada Revenue Agency (GST/HST) · currency: CAD
- secured creditorsnote: Amount not stated. Appendix 5 lists units as RBC/owned or RBC-registered; not stated as a debt balance. · page: 16 · debtor: 8777691 Canada Inc. · creditor: RBC (Royal Bank of Canada) · currency: CAD · security: Equipment listed as 'RBC/owned' in the receiver's possession (approx. 13 units incl. Dorsey, Manac, Wilson, Volvo, MAC, small trailer, Hyundai, Reitnouer units)
- secured creditorsnote: Amounts not stated. Document notes these are 'Leasing company - not yet recovered by them'. Translead Hyundai: two 2025 Hyundai units 'To be released to Hyundai, Pending form 74'. · page: 16 · debtor: 8777691 Canada Inc. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Serialized equipment registered to leasing/finance companies and in the receiver's possession: Auxilior (2016 Freightliner), BVD Equipment Finance (2018 Volvo), De Lage Landen Financial Services (2015 International), Sonoma Capital (2019 Volvo), TFG Financial Corporation (2021 Mac), Vault (three units: 2016 International, 2016 Volvo x2)
- unsecured creditorsnote: Related-party/transferee claim, amount unstated and unverified. Five trucks (2016 Freightliner, 2016 Volvo x2, 2014 Volvo, 2012 Western Star) shown transferred from 8777691 Canada Inc. to 17249713 Canada Corp. on Sep 10, 2025. Trustee requested breakdown of amounts owed, bills of sale, appraisals, proof of debt reduction and the relationship between the entities; none provided in these pages. Claim is contested/under review. · page: 18 · basis: Asserted by the transferee: trucks transferred 'in lieu of monies owed by 8777691 Canada Inc.' (per trustee email of Mar 26, 2026) · debtor: 8777691 Canada Inc. · creditor: 17249713 Canada Corporation · currency: CAD