The bankrupt purchased a vehicle in Alberta, financed by the creditor who registered its security interest under the Alberta PPSA.
The bankrupt later spent time in Ontario and brought the vehicle there, but maintained his Alberta employment, driver's license, and vehicle registration.
Upon bankruptcy, the trustee disallowed the creditor's secured claim, arguing the creditor failed to register in Ontario within 15 days of the vehicle being 'brought in' under s. 5(2) of the Ontario PPSA.
The court allowed the creditor's appeal, finding the vehicle was merely physically present in Ontario for convenience and had not been 'brought in' within the meaning of the Act, thus preserving the creditor's secured status.
