2698408 Ontario inc.
- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 33-3126485
2698408 Ontario inc. filed an assignment in bankruptcy on September 10, 2024, with Raymond Chabot Inc. as trustee under court file 33-3126485, in Ontario. The proceeding is active. The statement of affairs, as at September 10, 2024, stated a deficiency of $526,909.34, with total liabilities of $1,049,909.34 against assets of $523,000.00. The Business Development Bank of Canada held a secured claim of $674,281.25 over real property at 308 Simmons Rd, Odessa, valued at $481,100.62; Sharpe Farm Supplies Ltd. claimed $212,880.42 against the same property; the Corporation of Loyalist Township held $38,899.38 in municipal taxes; and the Agence du revenu du Canada asserted a deemed-trust claim of $39,373.44.
Debtor
2698408 Ontario Inc.
Trustee in bankruptcy
Raymond Chabot
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Agence du revenu du Canada (ON-NB) · in 796 casesTF - Chattels located within the real property — Deemed trust claim (CRA); estimated value of security $3,000.00, estimated unsecured balance $36,373.44 — debtor: 2698408 Ontario Inc. · as of 6 Sep 2024 | $39.4K | Notice of bankruptcy - 2698408 Ontario inc |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
12 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
| Notice of bankruptcy - 2698408 Ontario inc | PDF · Subscribers | |
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CiteProceedings., “2698408 Ontario inc.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/2698408-ontario-inc-2