Cassis On 17th Inc.
Follow- 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 |
|---|---|---|---|
| Unsecured | CRA - Tax - Pacific · in 71 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 |
Unsecured 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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Creditor Package
| 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., “Cassis On 17th Inc.” (Proposal). Retrieved 20 September 2026, https://proceedings.ca/case/cassis-on-17th-inc