Ontario · Receivership (court-appointed)
Application Record of Caisee Desjardins Ontario Credit Union Inc. returnable May 5, 2026
Application / notice of application · 5 May 2026
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- applicantCAISSE DESJARDINS ONTARIO CREDIT UNION INC.
- courtSUPERIOR COURT OF JUSTICE
- court file noCV-26-00036551-0000
- proceeding typereceivership_court
- provinceONTARIO
- statutory basisSECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED; AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C.C.43, AS AMENDED
- statutory basisSECTION 243(1) OF THE BANKRUPTCY AND INSOLVENCY ACT, R.S.C. 1985, C. B-3, AS AMENDED; AND SECTION 101 OF THE COURTS OF JUSTICE ACT, R.S.O. 1990, C.C.43, AS AMENDED
- appointeeBDO CANADA LIMITED
- appointee roleProposed Receiver
- commencement date30 April 2026
- secured creditorsnote: Listed as a secured creditor on the Service List; amount per City of Windsor Tax Certificate (Exhibit K) dated March 30, 2026. Notice of Default (Dec 2, 2025) also referenced property taxes in default without stating a specific amount at that date. · page: 14 · as of: 2026-03-30 · amount: 9654.37 · debtor: 10078638 Canada Corporation · creditor: The Corporation of the City of Windsor · currency: CAD · security: Municipal property tax arrears constituting a statutory lien against 446 Wyandotte Street West, Windsor, Ontario
- secured creditorsnote: Aggregate indebtedness (the 'Indebtedness') for Loan No. 724223-PR1, excluding ongoing interest accrual, professional fees, disbursements and HST; original principal advanced was $576,800.00 (June 23, 2022 disbursement, not the balance). Earlier Notice of Default (Dec 2, 2025) stated loan overdue by $10,420.50 (arrears figure, superseded by the March 16, 2026 balance). Cynthia Salomon, a director of the debtor, provided a General Guarantee and Postponement of Claim dated June 22, 2022 in an unlimited amount (personal guarantee, related-party guarantor). · page: 15 · as of: 2026-03-16 · amount: 605137.98 · debtor: 10078638 Canada Corporation · creditor: Caisse Desjardins Ontario Credit Union Inc. · currency: CAD · security: Collateral Mortgage (Charge/Mortgage) registered June 23, 2022 as Instrument No. CE1086175 over 446 Wyandotte Street West, Windsor, Ontario; Assignment of Rents registered June 23, 2022 as Instrument No. CE1086176 over same property; PPSA registration under File No. 784310121, Registration No. 20220624 1357 1901 2229 (personal property security)