2507616 Ontario Inc.
- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 32-3301491
2507616 Ontario Inc. has been in insolvency proceedings in Ontario since November 23, 2025, with Crowe Soberman Inc. as trustee under subsection 102(1) of the Act. Its statement of affairs as at November 19, 2025 reports assets of $1.00 against liabilities of $182,366.97, made up of $122,120.00 secured, $1.00 preferred and $60,246.97 unsecured, and a deficiency of $182,365.97. Scotiabank, through Canaccede International Management Ltd., is both the secured and the unsecured creditor: its $122,120.00 bank loan, incurred June 15, 2021, is secured against inventory, equipment and accounts, and it is listed for a further $60,246.97 unsecured. The matter is carried under file 32-3301491.
Debtor
2507616 Ontario Inc.
Trustee in bankruptcy
Crowe Soberman
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Scotiabank c/o Canaccede International Management Ltd. · in 39 casesBank loan (except real property mortgage) secured by Inventory, Equipment, Accounts, Other; date given/incurred 15-Jun-2021 — Statement of Affairs lists estimated surplus/(deficit) from security as -122,119.00 against asset no. 601 (shares); reported as secured claim — debtor: 2507616 Ontario Inc. · as of 19 Nov 2025 | $122K | Notice of Bankruptcy |
| 8 | Unsecured |
1 more claim in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Preliminary Report of the First Meeting of Creditors
| PDF · Subscribers | |
Notice of Bankruptcy
| 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., “2507616 Ontario Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/2507616-ontario-inc