13994929 Canada Inc.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 32-2948581
13994929 Canada Inc. is the subject of insolvency proceedings of an unspecified type. A Statement of Affairs sworn by the bankrupt and dated May 25, 2023 reported total liabilities of $5,013,002.00 against total assets of $0.00, producing a deficiency of $5,013,002.00. The company's accounts receivable of $4,494,081.00 were listed as fully doubtful and valued at nil. Its two scheduled secured creditors, Revenue Quebec ($1.00) and the Canada Revenue Agency ($5,000,000.00), are recorded on the secured creditors schedule but with security valued at $0.00, leaving those balances shown as unsecured. A further sixteen unsecured claims are listed, most for $1,000.00 each, including CNESST, several named individuals, unions, and Various Employees at $1.00.
Certificate of Appointment - Ordinary Administration (May 29, 2023) was filed. Court file 32-2948581.
Source: Certificate of Appointment - Ordinary Administration (May 29, 2023)
Debtor
13994929 Canada Inc.
Trustee in bankruptcy
Harris & Partners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (Quebec/Ontario/Atlantic Region) · in 985 casesNature of claim/particulars of security and 'when given' not stated on Form; estimated value of security shown as $0.00 — Listed as secured creditor on Statement of Affairs List B, but estimated value of security is $0.00 with the full $5,000,000.00 balance shown in the 'Balance of Claims Unsecured' column — effectively unsecured on the document's own figures. — debtor: 13994929 Canada Inc. · as of 25 May 2023 | $5M | Notice to Creditors (May 30, 2023) |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
15 more claims in 2 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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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Notice to Creditors (May 30, 2023)
| PDF · Subscribers | |
Certificate of Appointment - Ordinary Administration (May 29, 2023)
| 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., “13994929 Canada Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/13994929-canada-inc