Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver
Notice of receiver (s. 245 / Form 87) · 24 December 2025
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 filing34 verified
- financial positionnote: Only partial asset components disclosed, not summed per source: Land book value ~$1.8 million; Capitalized Development Costs book value ~$3.1 million; Prepaid Expenses ~$23 thousand, all as at December 22, 2025. No total assets or total liabilities figure is stated in the document. · page: 1 · as at: 2025-12-22 · basis: Debtor's book value, as reported by the Receiver based on information available to date · scope: entity - 2668979 Ontario Inc. (Debtor) · currency: CAD
- secured creditorsnote: Amount per Appendix A (exact); page 2 states same figure as an estimate ('~$9,618,741') per Gardent Affidavit sworn October 15, 2025; Receiver has not obtained legal opinion on validity/quantum of security. · page: 4 · as of: 2025-12-22 · amount: 9618741 · debtor: 2668979 Ontario Inc. · creditor: Royal Bank of Canada · currency: CAD · security: PPSA security registered as of October 7, 2025
- secured creditorsnote: Amount per Appendix A (exact); page 2 states same figure as an estimate ('~$15,046') per Debtor's books and records; Receiver has not obtained legal opinion on validity/quantum of security. · page: 4 · as of: 2025-12-22 · amount: 15046 · debtor: 2668979 Ontario Inc. · creditor: Appliance Canada · currency: CAD · security: PPSA security
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 4900 · debtor: 2668979 Ontario Inc. · creditor: Alpa Outdoor Products Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 31472 · debtor: 2668979 Ontario Inc. · creditor: BASE EX Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 103002 · debtor: 2668979 Ontario Inc. · creditor: Basecrete Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 1107 · debtor: 2668979 Ontario Inc. · creditor: Climate Source Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 139141 · debtor: 2668979 Ontario Inc. · creditor: Compass & Crown Construction Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 30316 · debtor: 2668979 Ontario Inc. · creditor: Deluxe Stair and Railing Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 6971 · debtor: 2668979 Ontario Inc. · creditor: Elexicon Energy · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 9496 · debtor: 2668979 Ontario Inc. · creditor: Enbridge Gas · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 7657 · debtor: 2668979 Ontario Inc. · creditor: Glynn Group · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 18133 · debtor: 2668979 Ontario Inc. · creditor: Lexicor General Contractors Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 28478 · debtor: 2668979 Ontario Inc. · creditor: Majestic Marble Import Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 15228 · debtor: 2668979 Ontario Inc. · creditor: Maranatha General Services · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 19360 · debtor: 2668979 Ontario Inc. · creditor: Cortina Kitchens Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 95847 · debtor: 2668979 Ontario Inc. · creditor: Moderno Plumbing Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 42687 · debtor: 2668979 Ontario Inc. · creditor: North York Tile Contractors Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 7698 · debtor: 2668979 Ontario Inc. · creditor: Ontario Wide Group Incorporated · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 28193 · debtor: 2668979 Ontario Inc. · creditor: R-PE Surveying Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 12663 · debtor: 2668979 Ontario Inc. · creditor: RJ Group Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 28013 · debtor: 2668979 Ontario Inc. · creditor: Real Stucco Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 204859 · debtor: 2668979 Ontario Inc. · creditor: Rivervalley Masonry Group Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 181 · debtor: 2668979 Ontario Inc. · creditor: Rogers · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 11300 · debtor: 2668979 Ontario Inc. · creditor: Sbergio Bros. Ltd. · currency: CAD
- unsecured creditorsnote: Municipal creditor; document does not designate as preferred. · page: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 3106 · debtor: 2668979 Ontario Inc. · creditor: The Regional Municipality of Durham · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 46488 · debtor: 2668979 Ontario Inc. · creditor: Trudel & Sons Roofing Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 8820 · debtor: 2668979 Ontario Inc. · creditor: Trudel Enterprises · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 2260 · debtor: 2668979 Ontario Inc. · creditor: UCIT Online Security Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 140298 · debtor: 2668979 Ontario Inc. · creditor: Vicmar Painting Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 1481 · debtor: 2668979 Ontario Inc. · creditor: York1 Waste Collection · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 103634 · debtor: 2668979 Ontario Inc. · creditor: Millway Carpentry Ltd. · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 133975 · debtor: 2668979 Ontario Inc. · creditor: 2527942 Ontario Inc. O/A Luso Drywall · currency: CAD
- unsecured creditorspage: 4 · as of: 2025-12-22 · basis: List of Known Creditors per Debtor's books and records · amount: 93166 · debtor: 2668979 Ontario Inc. · creditor: Alma Mechanical · currency: CAD