Ontario · Receivership (court-appointed)
245 - 246 Notice
Notice to creditors · 19 January 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 filing1 verified
- financial positionnote: Estimated value of every asset category (cash in bank, accounts receivable, vehicles and trailers, four real properties) is 'TBD'. The Receiver has not been able to estimate amounts owing to unsecured creditors as it has not been provided with books and records, and could not determine amounts owed to other creditors. The Receiver has not been able to obtain information on the whereabouts of additional owned or leased vehicles/trailers. · basis: Receiver's notice and statement under s.245(1)/246(1); asset values listed as 'TBD'; Receiver states it has not been provided with the majority of the Debtors' books and records · scope: Wings Freightway Inc., I-Way Transport Inc, I-Way Logistics Inc., 2806329 Ontario Inc., 10872911 Canada Inc., 14366085 Canada Inc., and 2863697 Ontario Inc. (the Debtors, collectively) · currency: CAD