Cassis On 17th Inc.
- Proceeding
- ProposalBankruptcy and Insolvency Act
- File
- 25-3284403
Cassis on the 17 Inc. filed a sworn Statement of Affairs (Form 78) on October 9, 2025, through director Gilles Brassart, disclosing total assets of $36,890.00 against total liabilities of $283,253.46, a deficiency of $246,363.46. The Trustee reports no secured creditors. Unsecured claims listed include CRA amounts of $129,620.49 (a deemed-trust claim for corporate taxes and source deductions) and $112,254.97 (unsecured corporate taxes), along with trade claims from Richmond Hill Wines ($26,383.00), Pre Pak Meats ($10,000.00), City Fish ($4,994.00), and an unnamed class of gift card holders ($1.00). The proposal text proposes satisfying the CRA deemed-trust claim through 36 monthly payments of $3,600.00, with any remaining balance to be filed as unsecured.
Debtor
Cassis On 17th Inc.
Proposal trustee
Hudson & Company Insolvency Trustees
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Pacific · in 77 casesDeemed-trust class claim (corporate taxes/source deductions per s.60(1.1)); proposal text (page 3) proposes to satisfy this via 36 monthly payments of $3,600 (approx. $129,600 in the proposal's rounded prose) with CRA entitled to file unsecured for any remaining balance — debtor: Cassis on the 17 INC. · as of 9 Oct 2025 | $130K | Creditor Package |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.
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See all plansUnsecured creditors: a distribution.Under the planCreditor Package · 16 Oct 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the planper the debtor | Creditor Package · 16 Oct 2025 |
| Unsecured | — | — | a distributionconditional | Under the planper the debtor | Creditor Package · 16 Oct 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Creditor Package
| PDF · Subscribers | |
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CiteProceedings., “Cassis On 17th Inc.” (Proposal). Retrieved 5 November 2026, https://proceedings.ca/case/cassis-on-17th-inc