Ontario · Receivership (court-appointed)
Application Record of Caisse Desjardins Ontario Credit Union Inc. returnable December 19, 2025
Application / notice of application · 19 December 2025
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 filing4 verified
- secured creditorsnote: Related parties: Diane Boucher and (the estate of) Robert Boucher are officers/directors and personal guarantors of the debtor. Amount not stated in the record. · page: 3 · debtor: 5010980 Ontario Inc. · creditor: Diane Boucher and Robert Boucher · currency: CAD · security: Second mortgage on 309 Old Skead Road, Garson, Ontario (per Service List)
- secured creditorsnote: Amount not stated in the record. · page: 3 · debtor: 5010980 Ontario Inc. · creditor: Martin Glaude · currency: CAD · security: Third mortgage on 309 Old Skead Road, Garson, Ontario (per Service List)
- secured creditorsnote: Aggregate indebtedness stated as owing for the Collateral Mortgage as of June 10, 2025 per para. 22 of the Application/Affidavit; excludes professional fees, disbursements and HST, plus ongoing interest accrual. Personal guarantees (unlimited amount, dated Jan 7, 2020) given by the Estate of Robert Boucher, Diane Boucher and Angel Vincent as guarantors, each also officers/directors of the debtor (related parties). · page: 16 · as of: 2025-06-10 · amount: 575398.61 · debtor: 5010980 Ontario Inc. · creditor: Caisse Desjardins Ontario Credit Union Inc. · currency: CAD · security: Charge/Mortgage registered January 10, 2020 as Instrument No. SD390449 over 309 Old Skead Road, Garson, Ontario (Collateral Mortgage); General Security Agreement dated January 7, 2020 over all undertaking, property and assets; PPSA registration June 13, 2025, File No. 517285674, Registration No. 20250613 1453 1590 4868. Loan Agreement dated June 7, 2021 principal advanced was $667,500.00 (original advance, not a balance).
- secured creditorsnote: Outstanding 2025 property taxes as of May 12, 2025 per Statement of Account / Tax Certificate; municipal tax arrears carry statutory priority over other real property security. · page: 16 · as of: 2025-05-12 · amount: 24024.97 · debtor: 5010980 Ontario Inc. · creditor: City of Greater Sudbury (Tax Department) · currency: CAD · security: Statutory municipal property tax lien on 309 Old Skead Road, Garson, Ontario