Canadian Precision Coatings Inc
- 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 251 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. |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
26 more claims in 1 class The stack holds Unsecured claims.
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The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Creditor Package - Canadian Precision Coatings Inc.
| PDF · Subscribers | |
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CiteProceedings., “Canadian Precision Coatings Inc” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/canadian-precision-coatings-inc