Ontario · Receivership (court-appointed)
Receivership Notice - Gilmour 38, Gilmour BTB, 120 Ontario, JGH, GHC - September 18, 2026
Notice to creditors · 18 September 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 filing14 verified
- financial positionnote: Book value of every asset class (equipment, motor vehicles, cash) is stated as 'Unknown'. No balance sheet is given. Gilmour BTB's equipment is in storage under its insurer's control and no equipment list was provided. Secured totals shown in the appendices: $2,234,360 (Appendix A and B), $2,115,877 (C), $2,115,875 (D and E). · page: 1 · basis: Receiver's notice under s. 245(1) BIA; the Debtors were unable to provide statements to confirm book values · scope: All five Debtors (Gilmour's on 38 Inc., Gilmour's By The Bay Inc., 1203113 Ontario Inc., J. Gilmour Holdings Inc., Gilmour Holding Corporation) · currency: CAD
- secured creditorsnote: Amount unknown; Appendix C lists a $1.00 placeholder. The notice's Note 4 refers to the vehicle once as a '2022 Equinox', apparently a typo. · page: 1 · debtor: 1203113 Ontario Inc. · creditor: The Gananoque Motors Ltd o/a Gananoque Chev Olds Cadillac – Motor Vehicle · currency: CAD · security: PPSR registration against 2024 Chevrolet Equinox RS AWD
- secured creditorsnote: Amount unknown; Appendix B lists a $1.00 placeholder, not an actual amount. · page: 1 · debtor: Gilmour's By The Bay Inc. · creditor: The Bank of Nova Scotia – Motor Vehicle (Gilmour's By The Bay Inc.) · currency: CAD · security: PPSR registration against 2022 Chevrolet Silverado 2500
- secured creditorsnote: Amount unknown; Appendix C lists a $1.00 placeholder, not an actual amount. · page: 1 · debtor: 1203113 Ontario Inc. · creditor: The Bank of Nova Scotia – Motor Vehicle (1203113 Ontario Inc.) · currency: CAD · security: PPSR registration against 2017 Cadillac XT5
- secured creditorsnote: Listed as secured with unknown indebtedness; not shown in Appendix E. · page: 2 · debtor: Gilmour Holding Corporation · creditor: Bank of Montreal · currency: CAD
- secured creditorsnote: Estimated indebtedness as reported by the Receiver; the same $2,115,875 is listed in each Debtor's creditor list and appears to be one debt, not additive. TD is the applicant secured creditor. · page: 2 · amount: 2115875 · debtor: All the Debtors (Gilmour's on 38 Inc., Gilmour's By The Bay Inc., 1203113 Ontario Inc., J. Gilmour Holdings Inc., Gilmour Holding Corporation) · creditor: The Toronto-Dominion Bank – Mortgage Guarantee · currency: CAD · security: Mortgage guarantee
- secured creditorsnote: Estimated indebtedness as reported. Also listed in Gilmour's By The Bay Inc. list (Appendix B) at the same amount; the notice itself assigns a separate $74,780 line of credit to Gilmour BTB, so the Appendix B figure conflicts with the notice table. · page: 2 · amount: 118484 · debtor: Gilmour's on 38 Inc. · creditor: The Toronto-Dominion Bank – Line of Credit (Gilmour's on 38 Inc.) · currency: CAD · security: Line of credit
- secured creditorsnote: Estimated indebtedness per notice table; Appendix B instead shows a TD line of $118,484.00 for this Debtor. · page: 2 · amount: 74780 · debtor: Gilmour's By The Bay Inc. · creditor: The Toronto-Dominion Bank – Line of Credit (Gilmour's By The Bay Inc.) · currency: CAD · security: Line of credit
- secured creditorsnote: Listed as secured in Appendix A with a $1.00 placeholder; the Receiver states placeholder amounts are not actual amounts owing. · page: 4 · debtor: Gilmour's on 38 Inc. · creditor: Square Canada Inc. · currency: CAD
- unsecured creditorsnote: Each creditor carries a $1.00 placeholder (total $41.00 on the Appendix A totals line), not an actual amount owing. CRA is listed without a stated amount. The list includes related parties (Gilmour Real Estate Corporation, Gilmour's By The Bay Inc.). · page: 4 · basis: List of creditors prepared by the Receiver from Debtor-provided information; Debtors could not provide amounts owing · debtor: Gilmour's on 38 Inc. · creditor: Unsecured creditors of Gilmour's on 38 Inc. (approximately 36 trade and other creditors, e.g. CRA – Tax – Ontario, Hydro One, Cintas, Coca-Cola, Gordon Food Service, Telus, 407 ETR, Gilmour Real Estate Corporation, Gilmour's By The Bay Inc.) · currency: CAD
- unsecured creditorsnote: Each creditor carries a $1.00 placeholder (total $26.00 on the Appendix B totals line), not an actual amount owing. CRA is listed without a stated amount. Includes related party Gilmour's on 38 Inc. · page: 7 · basis: List of creditors prepared by the Receiver from Debtor-provided information; Debtors could not provide amounts owing · debtor: Gilmour's By The Bay Inc. · creditor: Unsecured creditors of Gilmour's By The Bay Inc. (approximately 26 trade and other creditors, e.g. CRA – Tax – Ontario, City of Belleville, Enbridge Gas, Elexicon Energy, Cogeco, Cintas Canada) · currency: CAD
- unsecured creditorsnote: Appendix C shows unsecured total of $0.00 and names no unsecured creditors. · page: 9 · basis: List of creditors, Appendix C · amount: 0 · debtor: 1203113 Ontario Inc. · creditor: Unsecured creditors of 1203113 Ontario Inc. · currency: CAD
- unsecured creditorsnote: Appendix D shows unsecured total of $0.00 and names no unsecured creditors. · page: 10 · basis: List of creditors, Appendix D · amount: 0 · debtor: J. Gilmour Holdings Inc. · creditor: Unsecured creditors of J. Gilmour Holdings Inc. · currency: CAD
- unsecured creditorsnote: Appendix E shows unsecured total of $0.00 and names no unsecured creditors. · page: 11 · basis: List of creditors, Appendix E · amount: 0 · debtor: Gilmour Holding Corporation · creditor: Unsecured creditors of Gilmour Holding Corporation · currency: CAD