Allexcor Global Inc., a Laval-based company, has been bankrupt since 13 March 2023, with MNP LTÉE acting as syndic under the Bankruptcy and Insolvency Act before the Superior Court of Québec under file numbers 500-11-011696-236 and 540-11-011696-236. The Statement of Affairs sworn as at the date of bankruptcy puts total assets at $300,000.00 against total liabilities of $3,259,316.15, leaving a stated deficiency of $2,959,316.15, with no preferred, contingent or trust claims. Four creditors hold security over machinery, equipment and inventory: Imaflex Canada Inc. at $926,085.19, Business Development Bank of Canada at $790,000.00, Agence du revenu du Québec at $235,552.71 and Investissement Québec at $52,000.00, with only $290,000.00 and $10,000.00 of estimated security value attributed to Imaflex and BDC respectively. The largest wholly unsecured claims are Tory Tape Ltd. at $524,010.97 and DXP Postexperts at $304,683.75. The estate remains active.
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The officer filed report no. Rapport du syndic sur son administration préliminaire. The Debtor, a commercial printing company, ceased its operations in September 2022; the Trustee is not carrying on any business, and given the realizable value of the pledged assets is less than amounts owed to secured creditors, no distribution to ordinary creditors is anticipated. Court file 500-11-011696-236.
1 earlier update, back to 13 March 2023 — subscribers.
Parties
Debtor
Allexcor Global Inc.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
Priority class
Creditor
Amount
Source
Deemed trusts (CRA and other)
Agence du revenu du Québec · in 272 casesBusiness Assets - Machinery - Equipment — Estimated value of security $0.00; entire claim ranks unsecured balance per List B; also listed on unsecured List A as balance of claim $235,552.71 (deemed trust/tax authority) — debtor: Allexcor Global Inc. · as of 13 Mar 2023
$236K
Notice of Bankruptcy and First meeting of Creditors
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CiteProceedings., “Allexcor Global Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/allexcor-global-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/allexcor-global-inc
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