Ontario · Receivership (court-appointed)
First Report to Court
Court officer report · 17 August 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 filing5 verified
- disbursementsnote: Interim statement as at July 30, 2026 (insurance $78,197.40; cost to complete report fee $10,645.00; security $4,932.98; HST paid on disbursements $2,252.64; repairs and maintenance $1,750.00; bank charges $17.00). Excess of receipts over disbursements is stated as $293,530.03. · amount: 97795.02 · currency: CAD
- fee scheduleengagements: form: time_summary · rows: M. Marchand; P. Naumis; S. Burrowes; J. Walker; fees: 1698.75 · rate: 231.12 · hours: 7.35 · quote: Administrative Support | 7.35 | 231.12 | 1,698.75 · row kind: bucket · rate kind: standard · name as stated: Administrative Support · money: tax: label: HST · quote: HST - 13.00% (R101518124) | | 9,969.34 · amount: 9969.34 · fees: quote: Our Fee | | 75,138.75 $ · amount: 75138.75 · total: quote: TOTAL | | 86,656.54 $ · amount: 86656.54 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: 1,548.45 · amount: 1548.45 · period: end: 2026-07-31 · kind: invoice · quote: FOR PROFESSIONAL SERVICES RENDERED for the period commencing January 15, 2026 to July 31, 2026 inclusive per attached detail: · start: 2026-01-15 · approval: quote: The Receiver requests that the Court approve its interim accounts for the period from January 15, 2026 to July 31, 2026 in the amount of $86,656.54 inclusive of HST of $9,969.34, for the services set out in Exhibit 'A' . · state: sought · averages: · currency: · invoices: · firm text: BDO Canada Limited · firm quote: BDO CANADA LIMITED in its capacity as Court Appointed Receiver of 11517945 Canada Inc. · hours total: quote: 169.35 | | 75,138.75 $ · value: 169.35 · context quote: I am a Vice President of BDO Canada Limited (' BDO '), Court appointed receiver of 11517945 Canada Inc.
- operational summaryConstruction of the 28-unit Mewburn Towns townhome project has been suspended for some time and the Receiver is reviewing its status. The Receiver is securing and insuring the site and marketing the property for sale, and the billing narrative indicates a sale agreement with Royal Living Development and a listing with Avison Young.
- professional feesnote: Interim accounts inclusive of HST of $9,969.34 (fees $75,138.75 plus disbursements $1,548.45, subtotal $76,687.20). Receiver's counsel Loopstra Nixon LLP separately billed fees of $14,394.00 (to March 31), $4,509.00 (to June 30), $1,900.00 (to July 31) and $11,068.25 (to August 13, reduced from docketed $17,131.50), all before HST. · party: BDO Canada Limited (the Receiver) · amount: 86656.54 · period: January 15, 2026 to July 31, 2026 · currency: CAD
- receipts cumulativenote: Interim statement of receipts and disbursements as at July 30, 2026: advance from Meridian $120,000.00, Mewburn Town deposits $269,800.36, interest $1,524.69. The statement does not state a start date. · amount: 391325.05 · currency: CAD