Ontario · CCAA
Motion Record of the Applicant – BMO (August 13, 2026)
Application / notice of application · 13 August 2026
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What we verified from this filing8 verified
- secured creditorsnote: Deemed trust / statutory requirement to pay resulting in frozen bank account; approximate amount as stated · page: 12 · as of: 2026-07-29 · amount: 214000 · debtor: 2717922 Ontario Inc. (Oakville Mitsubishi) · creditor: Canada Revenue Agency · currency: CAD · security: Requirement to Pay under the Income Tax Act served on BMO
- secured creditorsnote: Principal and accrued interest owing under separate Advance Boulevard Financing, excluding fees, legal and advisory costs; identified in separate Advance Boulevard Demand dated July 27, 2026 · page: 53 · as of: 2026-07-24 · amount: 4217678.04 · debtor: 1000493417 Ontario Inc. · creditor: Bank of Montreal · currency: CAD · security: Mortgage and security interests over the Advance Boulevard Property (222 Advance Boulevard, Brampton, Ontario, the 'Commercial Plaza') and rental income from that property; $4,400,000 term loan under Offer to Finance dated August 16, 2023
- secured creditorsnote: Principal and accrued interest owing under Credit Agreement, excluding further interest and BMO's legal and advisory fees, costs and expenses; identified in Credit Agreement Demands dated July 27, 2026 · page: 53 · as of: 2026-07-24 · amount: 81014188.79 · debtor: Borrowers under the Credit Agreement (Debtors other than 1000493417 Ontario Inc.) · creditor: Bank of Montreal · currency: CAD · security: Comprehensive security package including general security agreements, mortgages, assignments of rents, cross-default and cross-collateralization agreements; operating, new and used vehicle floorplan, leasing, corporate credit-card, goodwill and real estate facilities with aggregate authorized borrowing limits of approximately $80.9 million (including $35 million new-vehicle floorplan facility and $14 million used-vehicle floorplan facility, reduced to $11.5 million after SIV balances confirmed)
- secured creditorsnote: PMSI-type equipment/vehicle financier; amount not stated · page: 54 · debtor: Certain Debtors · creditor: Hyundai Capital Canada Inc. · currency: CAD · security: PPSA registrations against certain Debtors in respect of specific assets financed
- secured creditorsnote: PMSI-type equipment/vehicle financier; amount not stated; subject of pending Monitor confirmation of validity of lease agreements and security interests · page: 54 · debtor: Certain Debtors · creditor: Leggat National Leasing · currency: CAD · security: PPSA registrations against certain Debtors in respect of specific assets financed (fleet lease vehicles); lease agreements and security interests in Debtors' rental vehicle fleet
- secured creditorsnote: PMSI-type equipment/vehicle financier; amount not stated · page: 54 · debtor: Certain Debtors · creditor: Bank of Nova Scotia · currency: CAD · security: PPSA registrations against certain Debtors in respect of specific assets financed
- secured creditorsnote: PMSI-type equipment/vehicle financier; amount not stated · page: 54 · debtor: Certain Debtors · creditor: Nissan Canada Inc. · currency: CAD · security: PPSA registrations against certain Debtors in respect of specific assets financed
- secured creditorsnote: BMO understands registrations were made in anticipation of a proposed refinancing that did not proceed; to BMO's knowledge, TD Bank has not made any loan to, and is not owed any money by, any of the Debtors - registration only, no actual indebtedness · page: 54 · debtor: Debtors (certain properties) and each of the Debtors (PPSA) · creditor: The Toronto-Dominion Bank · currency: CAD · security: Registered mortgages against certain properties owned by the Debtors and PPSA financing statements against each of the Debtors