Proceedings.

988055 Ontario Ltd.

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Closed
Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
35-2865584
Filings held3
Last activity15 Sep 2022
On the record1,467 days
OverviewSummary updated

988055 Ontario Ltd. entered insolvency proceedings in Ontario on September 15, 2022, and the matter remains active. A statement of affairs as at that date, as stated and estimated by the officer, records no assets against total liabilities of $103,859.80, all of it unsecured — secured creditors are listed at nil — leaving a deficiency of $103,859.80. The creditor mailing list is dominated by Scotiabank Visa c/o Canaccede International Management Ltd. at $60,000, followed by Chris White at $16,640, Philip Wildman at $8,320, Faye Moss at $5,200, Jason Bickford at $5,148 and Adrian Beddow at $4,784, with smaller claims from David Chowan, Chris Clark and Crystal Clark. The Canada Revenue Agency is listed in the deemed trust class and the Workplace Safety and Insurance Board as regulatory, each at $1.00, as is Agricredit Acceptance Canada Ltd.

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Case updates3 dated entries
Parties

Debtor

988055 Ontario Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredScotiabank Visa c/o Canaccede International Management Ltd. · in 21 casesdebtor: 988055 Ontario Ltd. · as of 15 Sep 2022$60KCreditors Package

11 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents3 filings
DateDocumentFile
Preliminary Report of Trustee
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 15 September 2022
  • Court file no 35-2865584
  • + 1 more extracted fact
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 15 September 2022
  • Court file no 35-2865584
  • + 1 more extracted fact
PDF · Subscribers
Creditors Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 15 September 2022
  • Court file no 35-2865584
  • + 5 more extracted facts
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., “988055 Ontario Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/988055-ontario-ltd

Sources last checked · summary updated 3 September 2026 · Report a correction · Printed from proceedings.ca/case/988055-ontario-ltd

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.