Proceedings.

10054577 Canada Inc

ActiveFollow
Proceeding
BankruptcySubsection 102(1) of the Act
File
31-3132889
Filings held4
Last activity17 Oct 2024
On the record772 days
OverviewSummary updated

10054577 Canada Inc. made an assignment in bankruptcy on September 25, 2024, with Goldhar & Associates Ltd. as trustee under estate no. 31-3132889, in Ontario. The proceeding is active. The statement of affairs, as at September 25, 2024, reported a deficiency of CAD 484,539.12, with total liabilities of CAD 484,596.07 against assets of CAD 56.95. BMO Bank of Montreal held a secured claim of CAD 273,081.75 against cash on hand and trade fixtures. Unsecured claims included the Canada Revenue Agency's source-deduction deemed trust of CAD 70,307.32, a CAD 60,000.00 GST/HST claim, a CAD 60,000.00 CEBA loan owed to BMO, and CAD 20,202.00 on a BMO Mastercard.

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Case updates4 dated entries
Parties

Debtor

10054577 Canada Inc

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)CRA - Tax - Ontario · in 259 casesContingent, trust claims or other liabilities - Source Deduction taxes; deemed trust class — debtor: 10054577 Canada Inc. · as of 25 Sep 2024$70.3KNotice of Bankruptcy and First Meeting of Creditors including creditors package
3Deemed trusts (CRA and other)
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

10 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedPreliminary Report · 16 Oct 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecuredany creditors—no distributionconditionalEstimatedper the trusteePreliminary Report · 16 Oct 2024

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents4 filings
DateDocumentFile
Claims register
PDF · Subscribers
Minutes of First Meeting of Creditors
  • Court file no 31-3132889
  • Province Ontario
  • Statutory basis section 106(2) of the BIA
  • Financial position Subscribers
PDF · Subscribers
Preliminary Report
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee of the estate of the bankrupt
  • Commencement date 25 September 2024
  • Court file no 31-3132889
  • + 3 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors including creditors package
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee
  • Commencement date 25 September 2024
  • Court file no 31-3132889
  • + 5 more extracted facts
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “10054577 Canada Inc” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/10054577-canada-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/10054577-canada-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.