Ontario · Receivership (court-appointed)
Application Record of the Applicant - Part 4, dated November 14, 2025
Application / notice of application · 14 November 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 filing3 verified
- secured creditorsnote: Blanket all-property security interest; no specific balance or facility limit stated on these pages, agreement secures all present and future 'Obligations' · page: 3 · as of: 2024-03-30 · debtor: I-WAY TRANSPORT INC. · creditor: Canadian Western Bank (CWB) · currency: CAD · security: General Security Agreement - all present and after-acquired personal property (equipment, inventory, accounts/receivables, intangibles, chattel paper, instruments, investment property, real/leasehold interests, and proceeds)
- secured creditorsnote: Blanket all-property security interest; no specific balance or facility limit stated on these pages, agreement secures all present and future 'Obligations' · page: 5 · as of: March 2024 (execution date left blank on document) · debtor: I-WAY LOGISTICS INC. · creditor: Canadian Western Bank (CWB) · currency: CAD · security: General Security Agreement - all present and after-acquired personal property (equipment, inventory, accounts/receivables, intellectual property, specified equipment per Schedule A, chattel paper, instruments, investment property, real/leasehold interests, and proceeds)
- secured creditorsnote: $23,000,000.00 is the registered Principal Sum/charge ceiling for the demand/revolving mortgage, not a stated outstanding balance · page: 52 · as of: 2024-03-30 · debtor: 2806329 ONTARIO INC. · creditor: Canadian Western Bank (CWB) / Mortgagee · currency: CAD · security: Mortgage over Lands (per Schedule A) - Principal Sum of $23,000,000.00 CAD, payable ON DEMAND, interest at 16% per annum, revolving advance facility (may be repaid/readvanced up to Principal Sum)