Ontario · Receivership (court-appointed)
Application Record of the Applicant
Application / notice of application · 10 August 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 filing9 verified
- secured creditorsnote: Amount and nature of TD's own security and debt are not stated on these pages; the postponement gives FCC priority over the personal property collateral. · page: 21 · debtor: Old Flame Brewing Co. Ltd. · creditor: The Toronto-Dominion Bank · currency: CAD · security: Registrant on PPSA search (Exhibit N, content not reproduced in the pages provided); delivered a security postponement letter dated June 16, 2022 in favour of FCC
- secured creditorsnote: Amount is the Aug 7, 2026 total owing stated in affidavit para 17 (plus accruing interest and enforcement costs); Exhibit M shows per-loan totals owing of $163,248.36, $1,049,007.09 and $956,645.71. Earlier statement as of June 2, 2026 was $2,134,570.95 (affidavit para 16; Exhibit L per-loan: $147,786.63, $1,039,312.51, $947,471.81). Arrears were $93,360.61 at Aug 7, 2026 and $37,841.45 at June 2, 2026. Variable Mortgage Rate currently 5.95%. Mortgage is the only encumbrance on the Property parcel register. · page: 22 · as of: 2026-08-07 · amount: 2168901.16 · debtor: Old Flame Brewing Co. Ltd. · creditor: Farm Credit Canada · currency: CAD · security: First collateral mortgage (principal amount registered $4,000,000, Instrument DR2144873, registered June 17, 2022; registration amount, not a balance) over 135 Perry Street, Port Perry (PIN 26777-0088); GSA over all present and after-acquired personal property; Port Perry SSA and Newmarket SSA over non-serial-numbered brewing equipment; TD security postponement letter (June 16, 2022) giving FCC priority; unlimited guarantees from Andrew John Doak and Richard Park. Loans: 791691001 $150,000 (VMR+1.00%), 791691002 $1,200,000 (VMR-0.25%), 791691003 $1,000,000 (fixed 5.4%). Original advances $2,350,000 total.
- unsecured creditorsnote: Execution creditor; writ amount. · page: 24 · as of: 2026-02-17 · basis: Writ of execution no. 26-0000419, effective February 17, 2026 · amount: 12248.85 · debtor: Old Flame Brewing Co. Ltd. · creditor: Workplace Safety and Insurance Board · currency: CAD
- unsecured creditorsnote: Execution creditor; writ amount. · page: 24 · as of: 2026-03-16 · basis: Writ of execution no. 26-0000713, effective March 16, 2026 · amount: 207666.87 · debtor: Old Flame Brewing Co. Ltd. · creditor: George Andrew Paul · currency: CAD
- unsecured creditorsnote: Execution creditor; writ amount. · page: 24 · as of: 2026-03-18 · basis: Writ of execution no. 26-0000755, effective March 18, 2026 · amount: 19958.01 · debtor: Old Flame Brewing Co. Ltd. · creditor: Ministry of Finance (Ontario) · currency: CAD
- unsecured creditorsnote: Execution creditor; writ amount. · page: 24 · as of: 2026-06-03 · basis: Writ of execution no. 26-0001709, effective June 3, 2026 · amount: 26346.91 · debtor: Old Flame Brewing Co. Ltd. · creditor: Ministry of Finance (Ontario) · currency: CAD
- unsecured creditorsnote: Execution creditor; amount is the writ amount, not necessarily current balance. · page: 24 · as of: 2025-10-31 · basis: Writ of execution no. 25-0002970, effective October 31, 2025 (sheriff search, Durham) · amount: 80242.87 · debtor: Old Flame Brewing Co. Ltd. · creditor: Ministry of Finance (Ontario) · currency: CAD
- unsecured creditorsnote: Breakdown: income tax $554,887; EI $137,197; CPP $397,866; HST $675,018; interest and penalties $233,894. Priority/deemed trust treatment for source deductions; Applicant's position is said to depreciate as CRA arrears accrue. CRA is also on the service list. · page: 28 · as of: 2026-04-24 · basis: Stated by E&Y (per affidavit); quasi-governmental claim, includes source deductions (deemed trust class) · amount: 1998862 · debtor: Old Flame Brewing Co. Ltd. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Statement dated April 10, 2026; total outstanding stated as at April 27, 2026 is $18,860.35 after an April 23, 2026 interim levy of $5,548.00 (balance forward at April 10 was $13,312.35). Municipal tax arrears, secured by statute against the Property (priority claim). Breakdown: 2026 $11,260.20; 2025 $7,600.15. · page: 143 · as of: 2026-04-10 · basis: Tax certificate / statement of account (Exhibit O) · amount: 18860.35 · debtor: Old Flame Brewing Co. Ltd. · creditor: Township of Scugog (municipal property taxes, 135 Perry Street) · currency: CAD