Ontario · Receivership (court-appointed)
Motion Record of the Receiver dated October 15, 2026 (1 of 3)
Application / notice of application · 15 October 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 filing5 verified
- secured creditorsnote: Amount of indebtedness not stated in these pages. Gowling is completing an independent review of the RBC Security (opinion pending, not confirmed). · page: 8 · debtor: 8777691 Canada Inc. and 2747826 Ontario Inc. · creditor: Royal Bank of Canada · currency: CAD · security: General security agreements granted by each of 8777 and 2747 dated April 11, 2022; first-ranking registered mortgages granted by 2747 over the Real Properties (2101 and 2213 Ninth Line, Oakville, Ontario); and related guarantees (the 'RBC Security')
- secured creditorsnote: Deemed trust class. CRA is completing a payroll audit; the Receiver only 'anticipates' CRA will assert the claim — not yet asserted or quantified. CRA is also auditing 8777's HST account. CRA has assessed penalties for improper record keeping, fabricated records and claims based on fictional entities (amounts not stated). · page: 9 · debtor: 8777691 Canada Inc. · creditor: Canada Revenue Agency (payroll source deductions – anticipated deemed trust claim) · currency: CAD · security: Deemed trust for unremitted payroll source deductions for 2025
- secured creditorsnote: Claim for unpaid wages paid under the WEPP Act is only 'expected'; amount not yet known. Statutory priority claim. · page: 9 · debtor: 8777691 Canada Inc. · creditor: Service Canada (Wage Earner Protection Program Act) · currency: CAD · security: Secured against 8777's current assets pursuant to subsection 81.4(1) of the BIA
- secured creditorsnote: Disputed/likely invalid: no claim for repair or storage has been made; Receiver is of the view the liens are likely invalid. Jimmy is a related party, controlled by Singh's sister-in-law. Other RSLA liens registered by related corporations also appear on rolling stock (not itemised). · page: 9 · debtor: 8777691 Canada Inc. · creditor: Jimmy Truckline Inc. (RSLA liens on rolling stock) · currency: CAD · security: Repair and Storage Liens Act liens registered against rolling stock on or about September 2025, shortly before the interim receiver's appointment
- unsecured creditors