What we verified from this filing4 verified
- secured creditorsnote: Aggregate principal and accrued interest owing as at July 24, 2026, excluding further interest, fees, costs and expenses. Demand for repayment made and NOIs under BIA s.244(1) delivered July 27, 2026. New-vehicle floorplan facility (limit $35 million) had approximately $43.5 million outstanding as at July 16, 2026 (component, included within the $85.2M aggregate). 264 vehicles sold-in-violation with associated floorplan advances of approximately $13.0 million (component). · page: 2 · as of: 2026-07-24 · amount: 85200000 · debtor: 13498140 Canada Inc., 2717922 Ontario Inc., 1000208180 Ontario Inc., Trinity Car Sales Inc., 1000841404 Ontario Inc., 13517683 Canada Inc., 12332248 Canada Inc., 1000454978 Ontario Inc., 1986096 Ontario Inc., 1001087905 Ontario Inc., Downtown Auto Centre Ltd., Trinity Car and Truck Rental Inc., Trinity Auto Inc., Larry Hudson Family Holdings Inc. and 1000493417 Ontario Inc. · creditor: Bank of Montreal · currency: CAD · security: Extensive security package granted by borrowers and guarantors under Credit Agreement dated August 29, 2025 (operating, vehicle-floorplan, leasing, goodwill and real-estate credit facilities) and separate Advance Boulevard Financing (real estate); aggregate authorized borrowing limits (facility limit, not balance) approximately $80.9 million; joint and several liability of the Debtors
- secured creditorsnote: Registered without BMO's knowledge or consent; constituted a default under the Advance Boulevard Financing and mortgage documents; identity of charge holder and amount not stated. · page: 4 · debtor: 1000493417 Ontario Inc. · creditor: Unknown holder of subordinate charge · currency: CAD · security: Subordinate charge registered against the Advance Boulevard Property (222 Advance Boulevard, Brampton, Ontario)
- unsecured creditorsnote: Deemed trust / regulatory-type quasi-governmental claim (CRA indebtedness); requirement to pay directs BMO to remit amounts otherwise payable to 2717922 Ontario Inc. up to this amount; resulted in freeze of that entity's BMO bank account. · page: 5 · as of: 2026-07-29 · basis: CRA Requirement to Pay served on BMO pursuant to the Income Tax Act · amount: 213981.96 · debtor: 2717922 Ontario Inc. · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: BMO understands TD Bank's registration was made in anticipation of a proposed refinancing that did not proceed, and that TD Bank has not made any loan and is not owed any money by the Debtors; registrant only, no balance. · page: 16 · debtor: Trinity Car Sales Inc. · creditor: The Toronto-Dominion Bank · currency: CAD · security: PPSA registration against Trinity Car Sales Inc.