Ontario · Receivership (court-appointed)
Notice and Statement of Receiver
Notice of receiver (s. 245 / Form 87) · 10 October 2024
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What we verified from this filing10 verified
- secured creditorsnote: Amount owed per Receiver's review of Company's books and records · page: 1 · amount: 41400000 · debtor: ECRE Smart Living Hinton Inc. · creditor: Canada ICI Capital Corporation · currency: CAD
- secured creditorsnote: Related party; also listed separately as an unsecured/preferred creditor of the Company for a different amount · page: 1 · amount: 6000000 · debtor: ECRE Smart Living Hinton Inc. · creditor: Smart Living Management Inc. · currency: CAD
- secured creditorsnote: Amount listed as 'unknown' in Receiver's Statement · page: 1 · debtor: ECRE Smart Living Hinton Inc. · creditor: ASLK Group Inc. · currency: CAD
- secured creditorsnote: Listed under Secured Liabilities; likely municipal tax lien · page: 1 · amount: 468961 · debtor: ECRE Smart Living Hinton Inc. · creditor: The City of Ottawa · currency: CAD
- financial positionnote: Real Property net book value listed as 'Unknown'; total assets of $1,600,000 comprises cash held in trust only. Liabilities are stated separately by class (Secured Liabilities totaling $47,868,961; Preferred and Unsecured Liabilities totaling $494,776) and are not combined into a single total liabilities figure by the document. · page: 2 · basis: Receiver's identification of property/assets based on available books and records; Net Book Value · scope: ECRE Smart Living Hinton Inc. (entity-level) · currency: CAD · total assets: 1600000
- unsecured creditorsnote: Grouped under 'Preferred and Unsecured Liabilities' by the document · page: 2 · basis: Receiver's identification of amounts owed based on available books and records · amount: 38061 · debtor: ECRE Smart Living Hinton Inc. · creditor: Perley-Robertson, Hill & McDougall · currency: CAD
- unsecured creditorsnote: Grouped under 'Preferred and Unsecured Liabilities' by the document · page: 2 · basis: Receiver's identification of amounts owed based on available books and records · amount: 2714 · debtor: ECRE Smart Living Hinton Inc. · creditor: Rakan Abushaar · currency: CAD
- unsecured creditorsnote: Grouped under 'Preferred and Unsecured Liabilities' by the document · page: 2 · basis: Receiver's identification of amounts owed based on available books and records · amount: 11825 · debtor: ECRE Smart Living Hinton Inc. · creditor: Takyan Consulting & Development Inc. · currency: CAD
- unsecured creditorsnote: Related party; grouped under 'Preferred and Unsecured Liabilities'; also listed separately as a secured creditor for $6,000,000 · page: 2 · basis: Receiver's identification of amounts owed based on available books and records · amount: 442176 · debtor: ECRE Smart Living Hinton Inc. · creditor: Smart Living Management Inc. · currency: CAD
- unsecured creditorsnote: Amount listed as 'unknown'; grouped under 'Preferred and Unsecured Liabilities' by the document; deemed-trust class (CRA) · page: 2 · basis: Receiver's identification of amounts owed based on available books and records · debtor: ECRE Smart Living Hinton Inc. · creditor: Canada Revenue Agency · currency: CAD