Canadian Precision Coatings Inc
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 25-3380645
Canadian Precision Coatings Inc.'s Statement of Affairs, sworn by Asif Bacchus and dated as at June 1, 2026, reports total assets of $85,317.57 against total liabilities of $344,844.93, leaving a deficiency of $259,527.36. The filing lists no secured creditors. Unsecured claims are dominated by several separate loan balances owed to the Business Development Bank of Canada, alongside trade debts to suppliers including A.B. Warehouse Inc., Capella Solutions Inc., Blueprint Paper Services Inc. and Pro Form Products Limited, plus smaller utility, insurance and collection-agency claims.
Debtor
Canadian Precision Coatings Inc
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Business Development Bank of Canada · in 241 casesFinance company loan (one of several BDC claims listed separately) — debtor: Canadian Precision Coatings Inc. · as of 1 Jun 2026 | $65K | Creditor Package - Canadian Precision Coatings Inc. |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Creditor Package - Canadian Precision Coatings Inc.
| 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., “Canadian Precision Coatings Inc” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/canadian-precision-coatings-inc