Ontario · Receivership (court-appointed)
245 Notice and Statement of Receiver
Notice to creditors · 14 August 2026
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What we verified from this filing7 verified
- appointeeMNP Ltd.
- appointee rolereceiver
- commencement date7 August 2026
- financial positionnote: MNP Ltd. became receiver of the described Property on August 7, 2026; the Receiver's stated plan is to collect the cash on hand and distribute the funds in accordance with the priority of claims. No liabilities-side statement beyond the creditor entries above. · page: 1 · basis: Property description in the Notice and Statement of Receiver: 'Cash on hand - $38,867' · scope: Property of Global Food Mart Inc. subject to the receivership only - not a company balance sheet · currency: CAD · total assets: 38867
- secured creditorsnote: Stated as the 'Estimated amount owed by the Company to each creditor who holds a security on the property'; the document ties no date to the figure. The Notice and Statement of Receiver is dated August 7, 2026, the date MNP Ltd. became receiver. · page: 1 · amount: 585000 · debtor: Global Food Mart Inc. · creditor: Bank of Montreal · currency: CAD · security: General Security Agreement held by the Bank of Montreal (the Receiver was appointed pursuant to it)
- statutory basisSubsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
- unsecured creditorsnote: Amount stated as 'unknown' - the document says it cannot state a figure, not that it is zero. Quasi-governmental claim (CRA); CRA is the only creditor on the attached list. · page: 3 · basis: Creditor list attached to the Notice and Statement of Receiver (ss. 245 and 246(1) BIA) · debtor: Global Food Mart Inc. · creditor: Canada Revenue Agency · currency: CAD