8996598 Canada Inc. o/a Suncayr Inc.

8996598 Canada Inc., operating as Suncayr Inc., has been in bankruptcy under the BIA in Ontario since 22 February 2024, with BDO Canada Limited as trustee in bankruptcy under estate file 31-3046389. The Statement of Affairs lists Bank of Montreal as a secured creditor for $7,800 and related party Dig It Apparel Inc. for approximately $1.9 million, a combined secured total of $1,939,500 in the SOA table; a $10,000 bond held at BMO as security for a BMO credit card is described as encumbered. Both BMO and Dig It Apparel appear on the PPSA search. Twenty-eight unsecured creditors are shown at $1,067,537, a figure that includes the shortfall portion of a secured claim. As at 12 March 2024, one secured proof of claim of $150,000 and four unsecured proofs totalling $2,640,159 had been filed. The estate remains active.