CanKopy Ltd.

Active

Proceeding: BankruptcySection 106(2)(a) of the Bankruptcy and Insolvency Act
File: 31-2716641

Filings held3

Last activity22 Mar 2021

On the record2,029 days

OverviewSummary updated 24 August 2026

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

22 Mar 2021

#Claims

Minutes of First Meeting of Creditors — Meeting materials

PDF · Subscribers

2 Mar 2021

#Claims

A claims procedure was approved. Court file 32-2716641.

Source: Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package

2 Mar 2021

#Report

The officer filed a report. Court file 31-2716641.

Source: Trustee’s Preliminary Report

Parties

Debtor

CanKopy Ltd.

Trustee in bankruptcy

Goldhar & Associates

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	BMO 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	$25K	Notice of Bankruptcy and First Meeting of Creditors, including Creditor’s Package

15 more claims across lower-ranking classes

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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

Date	Document	File
22 Mar 2021	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

22 Mar 2021	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

4 Mar 2021	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 20 September 2026, https://proceedings.ca/case/cankopy-ltd