Goods & Service Tax (GST) 21 September 2026
Drexler Construction Enters Receivership Over Tax Arrears
Drexler Construction has been placed into receivership after failing to settle significant tax liabilities, including $244,769 in priority claims and $4.11 million in unsecured debt. The Canada Revenue Agency cited large GST/HST arrears as a primary factor, prompting the court‑appointed receiver to assess the company's assets and liabilities.
Drexler Construction has been placed into receivership following mounting tax debts.
- GST/HST arrears resulted in $244,769 in priority claims.
- Unsecured debt totals $4.11 million.
- Management said the CRA arrears stemmed mainly from these taxes.
The receiver will now evaluate assets to satisfy creditors. For full details, see the Insolvency Insider report.
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