Ontario · Receivership (court-appointed)
Supplement to the First Report of the Receiver dated August 17, 2026
Court officer report · 17 August 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing4 verified
- secured creditorsnote: Referenced in January 17, 2025 letter and Receiver correspondence; no name or amount given · page: 9 · debtor: Craig Developments Inc. · creditor: Construction lienholder (unnamed) · currency: CAD · security: Construction lien registered against the Property
- secured creditorsnote: Stated as 'a second mortgage in the amount of $2,000,000' per creditor's own email; per Receiver's May 28, 2025 correspondence, second mortgagee's January 17, 2025 letter of intent implied an offer 'in the range of $6.5 - $7 million' to discharge first mortgage, construction lien and receiver's fees, but this is a prospective purchase price/offer estimate, not a stated balance · page: 21 · amount: 2000000 · debtor: Craig Developments Inc. · creditor: Ciara Donnelly (second mortgagee) · currency: CAD · security: Second mortgage registered against Sabrina Park, Huntsville
- secured creditorsnote: Named by second mortgagee as a secured creditor of the estate; no amount or security details stated on these pages · page: 21 · debtor: Craig Developments Inc. · creditor: CMHC · currency: CAD
- secured creditorsnote: Referred to as first mortgagee; no balance stated on these pages · page: 21 · debtor: Craig Developments Inc. · creditor: First Source Mortgage(s) · currency: CAD · security: First mortgage against Property