Ontario · Receivership (court-appointed)
Notice and Statement of Receiver S.245-246 - dated June 26, 2025
Notice of receiver (s. 245 / Form 87) · 26 June 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 filing7 verified
- financial positionnote: Document states: 'the book value of the Real Property is unknown and the Receiver has not been provided with any book[s] and records to identify and disclose any other of the Companies' assets.' Debtors' books/records and debt information not provided to Receiver as of notice date. · page: 1 · basis: Receiver's Notice and Statement — Receiver has not obtained the Debtors' books and records · scope: P&H Development Holdings Inc. and 2250310 Ontario Inc. (individually, as applicable) · currency: CAD
- secured creditorsnote: Deemed trust class claim (CRA) · page: 1 · amount: 214288 · debtor: P&H Development Holdings Inc. · creditor: Canada Revenue Agency · currency: CAD · security: Security on Real Property
- secured creditorspage: 1 · amount: 29772972 · debtor: P&H Development Holdings Inc. · creditor: Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund LP · currency: CAD · security: Security on Real Property (5 Addington Avenue)
- secured creditorspage: 1 · amount: 11936 · debtor: P&H Development Holdings Inc. · creditor: City of Toronto · currency: CAD · security: Security on Real Property (municipal tax lien)
- secured creditorsnote: Deemed trust class claim (CRA) · page: 2 · amount: 394387 · debtor: 2250310 Ontario Inc. · creditor: Canada Revenue Agency · currency: CAD · security: Security on Real Property
- secured creditorspage: 2 · amount: 568777 · debtor: 2250310 Ontario Inc. · creditor: City of Toronto · currency: CAD · security: Security on Real Property (municipal tax lien)
- secured creditorspage: 2 · amount: 29772972 · debtor: 2250310 Ontario Inc. · creditor: Fiera Canadian Real Estate Debt Fund GP Inc. and Fiera FP Real Estate Financing Fund LP · currency: CAD · security: Security on Real Property (270 Sheppard Avenue West)