Ontario · Receivership (court-appointed)

Algo Medical Group Inc. - First Report of the Receiver

Court officer report · 5 March 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 filing2 verified

secured creditorsnote: Source deductions outstanding; deemed trust class claim as advised to the Receiver. · page: 6 · amount: 2628.86 · debtor: Algo Medical Group Inc. · creditor: Canada Revenue Agency · currency: CAD
secured creditorsnote: Applicant in the receivership; no balance stated in these pages. · page: 9 · debtor: Algo Medical Group Inc. · creditor: Bank of Montreal (BMO) · currency: CAD · security: First security interest in the Property (421-425 Victoria Avenue, Thunder Bay, Ontario); described as 'primary lender with a first security interest in the Property'