Proceedings.

CanKopy Ltd.

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Proceeding
BankruptcySection 106(2)(a) of the Bankruptcy and Insolvency Act
File
31-2716641
Filings held3
Last activity22 Mar 2021
On the record2,074 days
Secured debtSubscribers
OverviewSummary updated

CanKopy Ltd. is bankrupt. The bankruptcy commenced on March 2, 2021, with Goldhar & Associates Ltd. as trustee (estate file 32-2716641) in Ontario. As at February 26, 2021, the debtor reported assets of CAD 5.00 against liabilities of CAD 1,718,213.41, a deficiency of CAD 1,718,208.41. Its largest unsecured claim is a related-party debt to Lucia Toffino at CAD 1,072,000, followed by Xerox Canada Ltd. at CAD 300,000 and a leasehold claim of Great-West Life and London Life at CAD 184,000. The Canada Revenue Agency asserts CAD 80,057.68 in tax and CAD 52,146.73 in GST/HST. The bankruptcy is active.

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Case updates3 dated entries
Parties

Debtor

CanKopy Ltd.

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBMO Bank of Montreal (formerly MBanx) c/o BankruptcyHighway.com · in 40 casesGSA - Business Assets: Book Debts/Accounts Receivable (fully embered); Machinery/Equipment (mostly leased & previously returned/abandoned, fully encumbered); Trade Fixtures/Office Equipment and Furniture (abandoned, fully encumbered) — Amount of claim listed as $25,000.00; balance of claim after estimated value of security ($5.00 total) is $24,997.00 (this is the balance amount reported) — debtor: Cankopy Ltd. · as of 26 Feb 2021$25KNotice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

15 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents3 filings
DateDocumentFile
Minutes of First Meeting of Creditors
  • Appointee role Trustee
  • Court file no 32-2716641
  • Province Ontario
  • Financial position Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Trustee’s Preliminary Report
  • Appointee Goldhar & Associates Ltd.
  • Appointee role Trustee
  • Commencement date 2 March 2021
  • Court file no 31-2716641
  • + 3 more extracted facts
PDF · Subscribers
Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package
  • Appointee Goldhar & Associates Ltd.
  • Appointee role trustee
  • Commencement date 2 March 2021
  • Court file no 32-2716641
  • + 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., “CanKopy Ltd.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/cankopy-ltd

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/cankopy-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.

CanKopy Ltd. — Bankruptcy | Proceedings.