Cathy's Corner Café, Deli & Sweets Inc. has been in insolvency proceedings in Ontario since September 1, 2022, and the matter remains active. The Statement of Affairs, stated and estimated by the officer as at August 31, 2022, puts total assets at $5,839.27 against total liabilities of $100,928.37, a deficiency of $95,089.10. Unsecured creditors are stated at $91,000.40, comprising $61,839.67 on list A and $29,160.73 as the balance of secured claims on list B; secured creditors are $5,839.27, preferred creditors nil, and contingent or trust claims $4,088.70. RBC Royal Bank holds the secured claim of $5,839.27 and is also the largest unsecured creditor, including a $60,000.00 CEBA loan. The Canada Revenue Agency is listed at $4,088.70 as a deemed trust claim.
The officer filed report no. Trustee's Preliminary Report. The Company's restaurant business ceased operations prior to the bankruptcy filing due to pandemic-related revenue losses, and it has no ongoing operations. Court file 35-2861640.
Source: Preliminary Report of Trustee
Debtor
Cathys Corner Cafe Deli and Sweets Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | RBC Royal Bank / Banque Royale · in 56 casesdebtor: Cathy's Corner Café, Deli & Sweets Inc. · as of 1 Sep 2022 | $5.84K | Creditors Package |
Closed · the record states no distribution outcome.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$5.84K
As at 19 Sep 2022Preliminary Report of Trustee
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors 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., “Cathys Corner Cafe Deli and Sweets Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/cathys-corner-cafe-deli-and-sweets-inc
Sources last checked · summary updated 3 September 2026 · Report a correction · Printed from proceedings.ca/case/cathys-corner-cafe-deli-and-sweets-inc
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.