Proceedings.

14617321 Canada inc.

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Proceeding
BankruptcyBIA
File
500-11-066430-253
Filings held1
Last activity6 Nov 2026
On the record9 days
OverviewSummary updated

14617321 Canada inc., formerly Distex M&M Inc., filed an assignment in bankruptcy on 4 November 2026 under the Bankruptcy and Insolvency Act in Quebec, court file 500-11-066430-253, with Raymond Chabot Inc. appointed trustee and the first meeting of creditors set for 20 November 2026. The Statement of Affairs sworn as at 30 October 2026 lists a single asset, $1.00 in cash, against total liabilities of $46,281.76: no secured claims, $17,760.19 in preferred claims and priorities, and $28,521.57 unsecured. The largest trade claims are CEVA Logistics at $16,358.84, UPS Supply Chain Solutions at $11,609.04 and Van Kam Freightways Ltd. at $553.69. Banque Royale du Canada's $17,760.19 claim appears in the preferred column on the ground of a deemed trust in favour of the Crown. The bankrupt cites difficult economic conditions.

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Case updates1 dated entry
Parties

Debtor

14617321 Canada inc.

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
7Preferred (BIA s. 136)Banque Royale du Canada · in 86 casesListed in the Preferred creditors, securities and priorities column ($17,760.19); the ground for priority is stated as 'Deemed trust in favour of the Crown', although the creditor is a bank. Not listed as a secured creditor (secured total $0.00). Not independently verified. — debtor: 14617321 Canada inc. (formerly Distex M&M Inc.) · as of 30 Oct 2026$17.8KAvis de la faillite
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

6 more claims in 1 class The stack holds Preferred (BIA s. 136) and Unsecured claims.

Every creditor and every amount, drawn to scale.

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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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Documents1 filing
DateDocumentFile
Avis de la faillite
  • Appointee Raymond Chabot Inc.
  • Appointee role trustee
  • Commencement date 4 November 2026
  • Court file no 500-11-066430-253
  • + 4 more extracted facts
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “14617321 Canada inc.” (Bankruptcy). Retrieved 12 November 2026, https://proceedings.ca/case/14617321-canada-inc

Sources last checked · summary updated 11 November 2026 · Report a correction · Printed from proceedings.ca/case/14617321-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.