Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver (2851901 Ontario Inc.) dated May 27, 2026
Notice to creditors · 27 May 2026
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What we verified from this filing3 verified
- financial positionnote: Receiver states book value of assets is not available; listing prices of the Mortgaged Units are approximately $6.5 million in the aggregate before applicable taxes (not a balance sheet figure); Real Property is the Debtor's only known asset · page: 1 · basis: Receiver not provided financial statements from the Debtor; book value of assets not available · scope: 2851901 Ontario Inc. (Debtor) · currency: CAD
- secured creditorsnote: Amount stated as approximately $5.9 million as of February 12, 2026, with interest and costs continuing to accrue; matches preliminary creditor listing figure of $5,900,000.00 as at May 20, 2026 (Appendix A) · page: 2 · as of: 2026-02-12 · amount: 5900000 · debtor: 2851901 Ontario Inc. · creditor: Extend Financial (CV) Holdings Inc. and Extend Financial Inc. · currency: CAD · security: First-ranking charges/mortgages registered against each of the Mortgaged Units (Units 1 and 3-14), pursuant to thirteen mortgage commitments and credit facility agreements (home equity lines of credit)
- unsecured creditorsnote: Document states this $1 amount represents an unknown amount, per note in Appendix A; deemed trust class not indicated · page: 4 · as of: 2026-05-20 · basis: Preliminary list of creditors as at May 20, 2026 (unaudited) · amount: 1 · debtor: 2851901 Ontario Inc. · creditor: Canada Revenue Agency · currency: CAD