Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver dated July 9, 2021
Notice of receiver (s. 245 / Form 87) · 9 July 2021
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 filing76 verified
- financial positionnote: Cash and cash equivalents $482,710; Accounts receivable $6,021,599; Prepaid expenses $173,156; Revenue producing property $91,377,305; Total $98,054,770. Total liabilities not stated as a single consolidated figure but secured creditors total $85,255,495 (with several unknown amounts) and unsecured creditors total $1,280,310.76 per Appendix A schedule. · page: 1 · as at: 2021-06-29 · basis: estimated book value per books and records of the Legal Owners · scope: Legal Owners (Property, consolidated across the named Legal Owners) · currency: CAD · total assets: 98054770
- secured creditorsnote: Amount unknown; not confirmed by the Receiver · page: 3 · as of: 2021-06-29 · debtor: Legal Owners · creditor: Cannect International Mortgage Corporation · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Amount unknown; not confirmed by the Receiver · page: 3 · as of: 2021-06-29 · debtor: Legal Owners · creditor: De Lage Landen Financial Services Canada Inc. · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Amount unknown; not confirmed by the Receiver · page: 3 · as of: 2021-06-29 · debtor: Legal Owners · creditor: Enersavings Inc. · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Amount unknown; not confirmed by the Receiver · page: 3 · as of: 2021-06-29 · debtor: Legal Owners · creditor: Blue Chip Leasing Corporation · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Amount unknown; not confirmed by the Receiver · page: 3 · as of: 2021-06-29 · debtor: Legal Owners · creditor: 1012689 Ontario Limited · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Amount unknown; not confirmed by the Receiver · page: 3 · as of: 2021-06-29 · debtor: Legal Owners · creditor: Add Capital Corp. · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Amount based on books and records of the Legal Owners, not confirmed by the Receiver; no legal opinion obtained on security · page: 3 · as of: 2021-06-29 · amount: 15178497 · debtor: Legal Owners · creditor: Gross Capital Inc. · currency: CAD · security: PPSA registration and/or encumbrance registered on title
- secured creditorsnote: Applicants in the receivership application; amounts based on books and records of the Legal Owners, not confirmed by the Receiver; no legal opinion obtained on security · page: 5 · as of: 2021-06-29 · amount: 70076998 · debtor: Legal Owners · creditor: American General Life Insurance Company, Lexington Insurance Company, and The Variable Annuity Life Insurance Company · currency: CAD · security: Mortgages over all Real Properties and general security agreements over all personal property of the Legal Owners
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 28000 · debtor: Legal Owners · creditor: The City of Greater Grand Sudbury · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 22102.98 · debtor: Legal Owners · creditor: ServiceMaster of Midland · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 16639.32 · debtor: Legal Owners · creditor: 1502546 Ontario Inc. o/a Kings Janitorial Services · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 15796.18 · debtor: Legal Owners · creditor: Corporation of the Town of Midland · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 15632.8 · debtor: Legal Owners · creditor: Fogler Rubinoff LLP · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 10554.29 · debtor: Legal Owners · creditor: Forecast Mechanical Air Systems Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 9965.78 · debtor: Legal Owners · creditor: Alectra Utilities Corporation · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 9912.02 · debtor: Legal Owners · creditor: C & W Facility Services, Inc · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 8418.5 · debtor: Legal Owners · creditor: M.T. Cleaning Services Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 7144.27 · debtor: Legal Owners · creditor: Hydro One Networks Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 5336.99 · debtor: Legal Owners · creditor: Semple Gooder Roofing Corporation · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 5282.75 · debtor: Legal Owners · creditor: 1757291 Ontario Inc. o/a Universal Cleaners · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 5232.84 · debtor: Legal Owners · creditor: United Cleaning Services · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 5177.42 · debtor: Legal Owners · creditor: Kleen-Strux Inc o/a ServiceMaster of Sudbury · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 4946.88 · debtor: Legal Owners · creditor: Litowitz Pettle & Silver LLP · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 4701.21 · debtor: Legal Owners · creditor: Ainsworth Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 4576.5 · debtor: Legal Owners · creditor: C&S Lawn Maintenance · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 4431.69 · debtor: Legal Owners · creditor: Sudbury District Energy · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 4124.5 · debtor: Legal Owners · creditor: Orillia Janitorial Services · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 3940.88 · debtor: Legal Owners · creditor: Ecoh-Environmental Consulting Occupational Health · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 3904.15 · debtor: Legal Owners · creditor: Ontario Fire Protection Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 3900 · debtor: Legal Owners · creditor: Grenfell Acres · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 3781.4 · debtor: Legal Owners · creditor: Otis Canada Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 3680.19 · debtor: Legal Owners · creditor: TYR LLP · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 2806.92 · debtor: Legal Owners · creditor: North Central Refrigeration and Air Conditioning · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 2508.6 · debtor: Legal Owners · creditor: Global Sanitation Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 2260 · debtor: Legal Owners · creditor: Huronia Property Maintenance · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 2241.02 · debtor: Legal Owners · creditor: Su Casa Mi Casa · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 2175.25 · debtor: Legal Owners · creditor: G4S Secure Solutions (Canada) Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 2022.07 · debtor: Legal Owners · creditor: GSU (City of Greater Sudbury) · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1883.71 · debtor: Legal Owners · creditor: Ivanhoe Co. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1261.09 · debtor: Legal Owners · creditor: Elevator One Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1241.94 · debtor: Legal Owners · creditor: Waste Management of Canada Corporation · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 868.21 · debtor: Legal Owners · creditor: J. Byrne Enterprises Ltd. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 17628 · debtor: Legal Owners · creditor: Segal LLP · currency: CAD
- unsecured creditorsnote: Listed as a priority creditor in the itemised schedule · page: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 586013.85 · debtor: Legal Owners · creditor: City of Hamilton · currency: CAD
- unsecured creditorsnote: Same creditor also listed as secured; this figure is the separate unsecured portion · page: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 145402.97 · debtor: Legal Owners · creditor: Gross Capital Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 110762.6 · debtor: Legal Owners · creditor: Plankraft Construction Group Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 58003.49 · debtor: Legal Owners · creditor: Prime Real Estate Group Inc. · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 50968.7 · debtor: Legal Owners · creditor: Weisz Fell Kour LLP · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 42489.67 · debtor: Legal Owners · creditor: City of Peterborough · currency: CAD
- unsecured creditorspage: 5 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 36350.78 · debtor: Legal Owners · creditor: City of Orillia · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 742.17 · debtor: Legal Owners · creditor: Triple Tech Heating, Air Conditioning & Refrigeration Inc. · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 706.61 · debtor: Legal Owners · creditor: Troy Life & Fire Safety Ltd. · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 664.43 · debtor: Legal Owners · creditor: A.P.I. Alarm Inc. · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 553.7 · debtor: Legal Owners · creditor: Lax O'Sullivan Lisus Gottlieb LLP · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 515.37 · debtor: Legal Owners · creditor: A & J Home Hardware · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 406.8 · debtor: Legal Owners · creditor: Space Database · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 355.95 · debtor: Legal Owners · creditor: Technical Standard & Safety Authority · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 265.38 · debtor: Legal Owners · creditor: Greater Sudbury Plumbing Inc. · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 249.82 · debtor: Legal Owners · creditor: Cintas Canada Limited · currency: CAD
- unsecured creditorsnote: Appears listed separately from similarly-named entry above · page: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 225.42 · debtor: Legal Owners · creditor: Technical Standards and Safety Authority · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 192.21 · debtor: Legal Owners · creditor: Integrated Medical Office Services Inc. · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 188.71 · debtor: Legal Owners · creditor: Avante Security · currency: CAD
- unsecured creditorsnote: Individual creditor · page: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 132 · debtor: Legal Owners · creditor: Kevin M. Stevenson · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 116.06 · debtor: Legal Owners · creditor: Canadian Linen and Uniform · currency: CAD
- unsecured creditorsnote: Individual creditor · page: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 68.04 · debtor: Legal Owners · creditor: Jeff Herszkowicz · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 6.78 · debtor: Legal Owners · creditor: Orkin Canada Corporation · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: A. D'Elia Enterprises & Construction Ltd. · currency: CAD
- unsecured creditorsnote: Listed separately in the unsecured schedule (in addition to the priority creditor entry) · page: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: Union Gas · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: Harris Plumbing Professional Plumbers · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: Orillia Power · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 1 · debtor: Legal Owners · creditor: Enbridge Gas Inc. · currency: CAD
- unsecured creditorsnote: Individual creditor; amount unknown, filed proof of claim not assessed by the Receiver for validity · page: 6 · basis: Proof of claim filed with the Receiver; not in books and records of the Legal Owners · debtor: Legal Owners · creditor: Martin Unger · currency: CAD
- unsecured creditorspage: 6 · as of: 2021-06-29 · basis: Listing of Creditors prepared without audit, based on books and records of the Legal Owners · amount: 842.9 · debtor: Legal Owners · creditor: Bell Canada · currency: CAD