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News
Niagara Falls hotel site placed into receivership
6+ day, 13+ hour ago (99+ words) Dina Kovacevic September 07, 2026 Property tax arrears were also mounting. According to Vranich, past-due taxes owing to the City of Niagara Falls rose from $370,473.97 on January 17, 2025 to $486,203.44 on June 13 and $641,873.05 by December 9. The lender argued that the continuing accrual was eroding…...
MarshallZehr puts Lake Simcoe housing project into CCAA
2+ week, 17+ hour ago (369+ words) Insolvency Insider Canada - MarshallZehr puts Lake Simcoe housing project into CCAA Creditor-led proceeding gives BDO receiver-like powers as lender seeks to finish and sell homes before marketing or recapitalizing remainder of Georgina development 2055226 Ontario Inc., Alliance (Sutton) Inc., Berkstar Development…...
MNP appointed receiver over Luxor, Mesa Edmonton lands after $10.9 million loan default
3+ week, 1+ day ago (160+ words) Dina Kovacevic August 23, 2026 Luxor Land Ltd. and Mesa West Capital Corp. were placed into a limited receivership on August 10, 2026, on application by National Bank of Canada, owed approximately $10.9 million after the companies failed to repay a real estate loan and…...
76 Covered Bridge Trail, Bracebridge, ON - Power of Sale
3+ week, 5+ day ago (35+ words) Insolvency Insider Canada - 76 Covered Bridge Trail, Bracebridge, ON - Power of Sale 6.3 acres of draft plan approved residential development land in the heart of Muskoka...