Ontario · CCAA
Responding Factum (Re Responding to the Attorney General of Canada’s Motion for Leave to Appeal) – dated September 21,2026
Application / notice of application · 21 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 filing3 verified
- unsecured creditorsnote: ResidualCo is bankrupt (assignment in bankruptcy September 3, 2025). Of the total, $101,017.62 are priority claims under ss. 81.3 and 81.4 of the BIA (preferred/priority wage claims). Approximately $375,040.50 is expected to be eligible under WEPPA (up to $8,844.22 per employee, subject to eligibility) and is a government program payment, not a debtor payment. Factum states there are no funds for distribution to unsecured creditors and no other source of recovery for these employees. · page: 7 · basis: Monitor's assessment of amounts owed for unpaid wages, vacation pay and termination pay; claims vested in ResidualCo under the June 2025 reverse vesting order as excluded liabilities · amount: 903417.03 · debtor: 1001270243 Ontario Inc. (ResidualCo) · creditor: 48 Terminated Employees (Richard Goldglass and others) — unpaid wages, vacation pay and termination pay · currency: CAD
- unsecured creditorsnote: Preferred/priority class; this is a subset of the $903,417.03 total owed to the same employees, not an additional amount. · page: 7 · basis: Monitor's assessment of priority claims under ss. 81.3 and 81.4 of the BIA · amount: 101017.62 · debtor: 1001270243 Ontario Inc. (ResidualCo) · creditor: Terminated Employees — BIA ss. 81.3/81.4 priority wage claims (preferred) · currency: CAD
- recovery outcomeentries: basis: estimated · quote: According to the Monitor's assessment, the Terminated Employees are owed $903,417.03 for unpaid wages, vacation pay and termination pay; hold $101,017.62 in priority claims under ss. 81.3 and 81.4 of the BIA; and will be eligible to receive approximately $375,040.50 under WEPPA. · pct of: unstated · outcome: distribution · class key: preferred · stated by: unstated · amount low: 101017.62 · amount high: 101017.62 · class label: Terminated Employees (priority claims under ss. 81.3 and 81.4 of the BIA) · claims amount: 903417.03 · interim final: unstated · claims qualifier: estimated; basis: estimated · quote: According to the Monitor's assessment, the Terminated Employees are owed $903,417.03 for unpaid wages, vacation pay and termination pay; hold $101,017.62 in priority claims under ss. 81.3 and 81.4 of the BIA; and will be eligible to receive approximately $375,040.50 under WEPPA. · pct of: unstated · outcome: distribution · class key: weppa · stated by: unstated · amount low: 375040.5 · amount high: 375040.5 · class label: Terminated Employees (WEPPA) · claims amount: 903417.03 · interim final: unstated · claims qualifier: estimated; basis: unstated · quote: There are no funds for distribution to unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: unstated · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: