Ontario · Receivership (court-appointed)

Second Report of the Receiver dated April 30, 2025

Court officer report · 30 April 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

operational summaryConstruction on the Project has been halted since before the receivership began (aside from winterization work), and the Receiver is now recommending Court approval of a Completion Agreement with Fusioncorp to recommence and complete the stalled 62-unit townhouse development.
report date30 April 2025
report noSecond Report