Proceedings.

14328710 Canada Inc. (f/k/a Go-For Industries Inc.)

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Proceeding
NOIBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
File
BK-24-00459813-0031
Filings held22
Last activity25 Jun 2024
On the record952 days
OverviewSummary updated

14328710 Canada Inc. (f/k/a Go-For Industries Inc.) filed a Notice of Intention to make a proposal under BIA s. 50.4. Its Statement of Affairs, estimated by officer Dillon McDonald as at June 5, 2024, reports total assets of $0.00, no secured creditors, and total unsecured claims of $27,811,620.45, producing a deficiency of the same amount. The unsecured creditor list, drawn from the company's books and records, spans roughly seventy claims, led by Canada Revenue Agency ($907,651.79), the Ontario Ministry of Finance ($429,820.30), and a number of venture funds, law firms and trade creditors with claims ranging from under $100 to over $3.7 million.

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Case updates22 dated entries
Parties

Debtor

14328710 Canada Inc. (f/k/a Go-For Industries Inc.)

Proposal trustee

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BlackOntario Superior Court of Justice4 orders, Apr 2024 – Jun 2024198 cases on record
Justice SteeleOntario Superior Court of Justice2 orders, Mar 2024245 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeKSVAird & Berlis LLP28 Mar 2024Service list · 28 Mar 2024
Debtor14328710 Canada Inc. (f/k/a Go-For Industries Inc.)Bennett Jones LLP22 Mar 2024Order · 25 Mar 2024
CreditorI2BF Global AdventuresFasken Martineau DuMoulin LLP28 Mar 2024Service list · 28 Mar 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredExport Development Canada · in 106 casesdebtor: 14328710 Canada Inc. · as of 5 Jun 2024$5.87M14328710 Canada Inc. - Notice of Bankruptcy and First Meeting of Creditors
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

69 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

2 transactions · 1 proposed · 1 closed — The Transaction resulted in the sale of substantially all of the business and assets of the CompanyTrustee's Report to Creditors on Preliminary Administration dated June… · 25 Jun 2024

PurchaserPriceStatusSource
Avren FinServe, LLCcertain of the Company's accounts receivable · asset sale · agreement 28 Mar 2024SubscribersProposedSecond Report of the Proposal Trustee dated…
1000826405 Ontario Inc.all of the Seller's right, title and interest in and to the Purchased Assets · asset sale · agreement 20 Mar 2024SubscribersClosed24 May 2024Trustee's Report to Creditors on Preliminary…
AdvisorsOnward Innovation Ltd. (financial advisor)Third Report of the Proposal Trustee dated May 28, 2024
Closing termsvesting effective upon delivery of Proposal Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditionsSale Approval Order dated April 3, 2024
Fees and ratesAs stated in the filings

2 engagements · 2 firms — latest: Aird & Berlis LLPThird Report of the Proposal Trustee · 28 May 2024

FirmPeriodHoursFeesRatesSource
Aird & Berlis LLPCounsel———Third Report of the Proposal Trustee · 28 May 2024
KSV Restructuring Inc.Proposal trustee———Third Report of the Proposal Trustee · 28 May 2024

2 blurred figures above

What each firm billed — each as the filing states it, with its source.

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

As at ·

Cash on hand

$100K

As at 24 May 2024Trustee's Report to Creditors on Preliminary Administration dated June 25, 2024

The 2 totals the debtor stated at filing

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

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Documents
22 filings
DateDocumentFile
Trustee's Report to Creditors on Preliminary Administration dated June 25, 2024
  • Closing confirmed Closed · 24 May 2024 · 1000826405 Ontario Inc.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 7 more extracted facts
PDF · Subscribers
14328710 Canada Inc. - Notice of Bankruptcy and First Meeting of Creditors
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Assignment dated June 5, 2024PDF · Subscribers
Endorsement of Justice Black dated June 3, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Third Report and Fee Approval Order dated June 3, 2024PDF · Subscribers
Factum of the Proposal Trustee dated May 30, 2024
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Motion Record of the Proposal Trustee dated May 28, 2024
PDF · Subscribers
Third Report of the Proposal Trustee dated May 28, 2024
  • Closing confirmed Closed · 24 May 2024 · 1000826405 Ontario Inc.
  • Process results 470 solicited · 4 NDAs
  • Purchaser 1000826405 Ontario Inc. · to sell substantially all of the Company's business and assets on a going-concern basis · asset sale · closed
  • Fee schedule Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Affidavit of Nikki Wilson sworn April 3, 2024
  • Counsel Bennett Jones LLP
PDF · Subscribers
Ancillary Order dated April 3, 2024
  • Counsel Bennett Jones LLP
  • Presiding officer Justice W.D. Black
PDF · Subscribers
Endorsement of Justice Black dated April 3, 2024
  • Presiding officer Justice Black
PDF · Subscribers
Sale Approval Order dated April 3, 2024
  • Closing terms vesting effective upon delivery of Proposal Trustee's Certificate confirming payment of Purchase Price and satisfaction/waiver of closing conditions
  • Counsel Bennett Jones LLP
  • Order date 3 April 2024
  • Presiding officer Justice W.D. Black
  • + 2 more extracted facts
PDF · Subscribers
Facturm of Go-For Industries Inc. dated April 1, 2024
  • Counsel Bennett Jones LLP
PDF · Subscribers
Second Report of the Proposal Trustee dated March 31, 2024
  • Process results 470 solicited · 4 NDAs · 1 qualified bids · 1 bids · as of 5 Mar 2024
  • Purchaser 1000826405 Ontario Inc. · substantially all of the Company's business and assets on a going-concern basis · asset sale · proposed; Avren FinServe, LLC · certain of the Company's accounts receivable · asset sale · proposed
  • Sale advisor Onward Innovation Ltd. (financial advisor)
  • Sale outcome Approval pending — SISP resulted in a transaction with 1000826405 Ontario Inc. for going-concern sale; Proposal Trustee recommends Court approve the Transaction
  • + 1 more extracted fact
PDF · Subscribers
Motion Record of Go-For Industries Inc. dated March 28, 2024
  • Applicant GO-FOR INDUSTRIES INC.
  • Commencement date 28 March 2024
  • Court SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no BK-24-00459813-0031
  • + 1 more extracted fact
PDF · Subscribers
Service List as at March 28, 2024
  • Counsel Fasken Martineau Dumoulin LLP
PDF · Subscribers
Court Order re Approval of DIP Financing and Charges dated March 25, 2024
  • Counsel Bennett Jones LLP
  • Presiding officer Justice Steele
PDF · Subscribers
Endorsement of Justice Steele dated March 25, 2024
  • Presiding officer Justice Steele
PDF · Subscribers
First Report of the Proposal Trustee dated March 23, 2024PDF · Subscribers
Factum of Go-For Industries Inc. dated March 22, 2024
  • Counsel Bennett Jones LLP
PDF · Subscribers
Motion Record of Go-For Industries Inc. dated March 22, 2024
  • Applicant Go-For Industries Inc.
  • Commencement date 22 March 2024
  • Court ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST)
  • Court file no 31-459813
  • + 2 more extracted facts
PDF · Subscribers
Certificate for the Notice of Intention dated March 20, 2024PDF · Subscribers

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

CiteProceedings., “14328710 Canada Inc. (f/k/a Go-For Industries Inc.)” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/14328710-canada-inc-f-k-a-go-for-industries-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/14328710-canada-inc-f-k-a-go-for-industries-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.