Proceedings.

2726960 Ontario Inc.

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Active
Proceeding
Bankruptcysubsection 102(4) of the Bankruptcy and Insolvency Act
File
31-3187297
Filings held5
Last activity21 Feb 2025
On the record584 days
Secured debt$103K
OverviewSummary updated

2726960 Ontario Inc. filed an assignment in bankruptcy on February 14, 2025, which was accepted the same day, opening a bankruptcy proceeding in Ontario under the Bankruptcy and Insolvency Act with court file number 31-3187297. The estate is recorded as proceeding under subsection 102(4) of the Act. The record contains a single dated step, a court officer report filed on the date of commencement. The proceeding remains active, and no further milestones have been recorded on the file to date.

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Case updates5 dated entries
Parties

Debtor

2726960 Ontario Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredRoynat Inc. · in 47 casesMortgage or hypothec on real property/immovable (asset #101 - cash held in trust at Harrison Pensa, In Trust); mortgage dated 22-Jan-2025 — Claim bifurcated by security valuation per Statement of Affairs: total claim $164,994.18, of which $102,645.00 shown as secured and $62,349.18 shown as unsecured (deficiency). — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$103KAffidavit of Mailing dated
8UnsecuredMarried to Giants Inc.Related company; intercompany loan — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$1.16MNotice to Creditors
8UnsecuredBen Valiquette · in 2 casesRelated party: individual/shareholder loan; Ben Valiquette also signed the Statement of Affairs as authorized representative of the bankrupt — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$200KNotice to Creditors
8UnsecuredCRA - Tax - Ontario (HST/Sales Taxes) · in 252 casesSales tax (HST) liability to CRA - deemed trust class — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$86.3KNotice to Creditors
8UnsecuredRoynat Inc. · in 47 casesUnsecured deficiency portion of bifurcated secured/unsecured mortgage claim; total claim $164,994.18, secured portion $102,645.00 (see secured creditors) — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$62.3KNotice to Creditors
8UnsecuredRyan Hunt c/o Zubas Flett LawContingent claim; value shown is a placeholder/notification-only figure — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$1Notice to Creditors
8UnsecuredJacqueline Roda c/o Zubas Flett LawContingent claim; value shown is a placeholder/notification-only figure — debtor: 2726960 Ontario Inc. · as of 13 Feb 2025$1Notice to Creditors
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report dated · 5 Mar 2025

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustee's Preliminary Report dated · 5 Mar 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing$103K
Total liabilities at filing$1.62M

As at 13 Feb 2025 · per Statement of Affairs (Form 78) - totals as stated and estimated by bankrupt/debtor · Entity - 2726960 Ontario Inc. (bankrupt corporation) — Deficiency of $1,512,782.60 reported; sole asset is $102,645.00 cash held in trust (Harrison Pensa, In Trust); liabilities comprise secured $102,645.00, preferred $0.00, unsecured $1,512,780.60, and contingent/trust claims $2.00

Documents5 filings
DateDocumentFile
Trustee's Preliminary Report dated
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 14 February 2025
  • Court file no 31-3187297
  • + 5 more extracted facts
PDF
Affidavit of Mailing dated
  • Financial position Assets $103K · Liabilities $1.62M · as at 13 Feb 2025 · per stated and estimated by bankrupt/debtor (Statement of Affairs, Form 78) · entity - 2726960 Ontario Inc. (bankrupt corporation) — Deficiency of $1,512,782.60 reported; includes shareholder loan ($199,900.00), CRA HST unsecured claim ($86,340.42), related-party intercompany loan from Married to Giants Inc. ($1,164,191.00, noted as related company loan), and contingent claims of $1.00 each from Jacqueline Roda and Ryan Hunt.
  • Secured creditors $103K · Note: Claim bifurcated by security valuation per Statement of Affairs: total claim $164,994.18, of which $102,645.00 shown as secured and $62,349.18 shown as unsecured (deficiency). · Page: 9 · As of: 2025-02-13 · Debtor: 2726960 Ontario Inc. · Creditor: Roynat Inc. · Security: Mortgage or hypothec on real property/immovable (asset #101 - cash held in trust at Harrison Pensa, In Trust); mortgage dated 22-Jan-2025
PDF
Tear Sheet of Newspaper AdPDF
Notice to Creditors
  • Commencement date 14 February 2025
  • Court file no 31-3187297
  • Financial position Assets $103K · Liabilities $1.62M · as at 13 Feb 2025 · per Statement of Affairs (Form 78) - totals as stated and estimated by bankrupt/debtor · Entity - 2726960 Ontario Inc. (bankrupt corporation) — Deficiency of $1,512,782.60 reported; sole asset is $102,645.00 cash held in trust (Harrison Pensa, In Trust); liabilities comprise secured $102,645.00, preferred $0.00, unsecured $1,512,780.60, and contingent/trust claims $2.00
  • Province Ontario
  • + 2 more extracted facts
PDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 14 February 2025
  • Court file no 31-3187297
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “2726960 Ontario Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/2726960-ontario-inc

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/2726960-ontario-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.