ChronoMétriq Inc. and Health Myself Innovations Inc.
Follow- Proceeding
- NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- 500-11-060355-217
ChronoMétriq Inc. and Health Myself Innovations Inc. filed a notice of intention under subsection 50.4(1) of the Bankruptcy and Insolvency Act on October 26, 2021, in Quebec, under court file 500-11-060355-217, with Richter Advisory Group Inc. / Richter Groupe Conseil Inc. as Licensed Insolvency Trustee. The creditor lists prepared as of the filing date show Canadian Imperial Bank of Commerce at $2,916,667, carried on both companies' lists and not additive between them; Revenu Québec at $1,804,867 and the Canada Revenue Agency at $1,376,587 for source deductions against ChronoMétriq; aggregate employee claims of $472,870; and Investissement Québec at $139,035 and the Business Development Bank of Canada at $130,635, each likewise listed against both debtors. The proceedings are active.
A claims procedure has been established — see the order for deadlines.
The officer filed a report. Substantially all assets were sold to TELUS on November 29, 2021, most employees were hired by TELUS or terminated, and the Debtors vacated their leased premises. They now have no employees and no ongoing operations.
Source: Trustee’s Report to the First Meeting of Creditors – dated January 4, 2022
Notice of Bankruptcy, First Meeting of Creditors – dated December 15, 2021 — Notice to creditors
Application for leave to intervene of Canadian Imperial Bank of Commerce – dated December 10, 2021) — Application / notice of application
Extension, Approval, Vesting and Assignment Order – dated November 25, 2021 was filed.
Source: Extension, Approval, Vesting and Assignment Order – dated November 25, 2021
Notice of Appeal (Revenue Québec) – dated November 8, 2021 — Application / notice of application
Notice of Appeal (The Attorney General of Canada) – dated November 8, 2021 — Application / notice of application
Notice to Creditors of Intention to Make a Proposal – dated November 2, 2021 — Notice to creditors
Order authorizing and approving interim financing, an administration charge, a sale and investment solicitation process, a Directors and Officers charge, a key employee retention program, procedural consolidation for the estates, and other relief – dated October 27, 2021 was filed.
First Report of the Trustee on the state of Petitioners’ business and financial affairs — Court officer report
Certificate of filing of a Notice of Intention to Make a Proposal – dated October 26, 2021 was filed. Court file 500-11-060355-217.
Source: Certificate of filing of a Notice of Intention to Make a Proposal – dated October 26, 2021
Commenced the proceedings at 2:27 pm under subsection 50.4(1), with Richter as Licensed Insolvency Trustee and creditor lists stating claims of $250 or more from the debtors' books.
Motion for the Issuance of an Order authorizing and approving interim financing, a sale and investment solicitation process, an administrative charge, a directors and officers charge, a key employee retention program, procedural consolidation of the estates, and other relief – dated October 26, 2021 — Application / notice of application
Undated filings1 — no date appears on the document · show
Minutes from court hearing (french version only) – dated October 27, 21 — Application filed
Debtor
ChronoMétriq Inc. and Health Myself Innovations Inc.
Proposal trustee
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Registrar Aubé | Superior Court of Québec | 1 order, Apr 2022 | 79 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeRichter | McCarthy Tétrault LLP | 10 Dec 2021 | Service list · 10 Dec 2021 |
| DebtorChronoMétriq Inc. and Health Myself Innovations Inc. | Miller Thomson LLP | 10 Dec 2021 | Service list · 10 Dec 2021 |
| CreditorCanadian Bankers' Association Me Alain Riendeau Telephone | Davies Ward Phillips & Vineberg LLP | 8 Apr 2022 | Service list · 8 Apr 2022 |
| CreditorCanadian Imperial Bank of Commerce | Chaitons LLP | 10 Dec 2021 | Service list · 10 Dec 2021 |
| CreditorFull In Partners | Stikeman Elliott LLP | 10 Dec 2021 | Service list · 10 Dec 2021 |
| CreditorTELUS | Osler, Hoskin & Harcourt LLP | 10 Dec 2021 | Service list · 10 Dec 2021 |
| CreditorTrue Capital Partners, LLC | Borden Ladner Gervais LLP | 10 Dec 2021 | Service list · 10 Dec 2021 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | CANADIAN IMPERIAL BANK OF COMMERCE (CIBC) · in 72 casesas of NOI filing date — Also listed for the same amount in Health Myself Innovations Inc.'s list (page 11). Not additive across the two lists. — debtor: Chronométriq Inc.; Health Myself Innovations Inc. | $2.92M | Notice to Creditors of Intention to Make a Proposal – dated November 2, 2021 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
59 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale closed — Transaction with TELUS approved November 25, 2021 and implemented November 29, 2021; majority of assets sold; proceeds held in trust pending the AppealTrustee’s Report to the First Meeting of Creditors – dated January 4,… · 4 Jan 2022
| Purchaser | Price | Status | Source |
|---|---|---|---|
| TELUS Health Solutions Inc.all of the Purchased Assets, as defined in the Asset Purchase Agreement and listed in Schedule A · asset sale · nominee/assignee: any other party which TELUS Health Solutions Inc. may designate · agreement 23 Nov 2021 | Subscribers | Closed29 Nov 2021 | Trustee’s Report to the First Meeting of… |
Unsecured creditors: no distribution.EstimatedTrustee’s Report to the First Meeting of Creditors · 4 Jan 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Canadian Imperial Bank of Commerce | estimated | shortfall | Estimatedper the trustee | Trustee’s Report to the First Meeting of Creditors · 4 Jan 2022 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee’s Report to the First Meeting of Creditors · 4 Jan 2022 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
Cash on hand
$2.21M
As at 15 Dec 2021Trustee’s Report to the First Meeting of Creditors – dated January 4, 2022
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Judgment – dated October 18, 2023 | PDF · Subscribers | |
| Minutes of Hearing – dated September 12, 2023 | PDF · Subscribers | |
Order – dated April 14, 2022
| PDF · Subscribers | |
| Appellants’ Brief – dated April 8, 2022 | PDF · Subscribers | |
| Application for Directions – dated April 8, 2022 | PDF · Subscribers | |
| Notice of Presentation – dated April 8, 2022 | PDF · Subscribers | |
Service List – dated April 8, 2022
| PDF · Subscribers | |
Registration Form to the First Meeting of Creditors
| PDF · Subscribers | |
Trustee’s Report to the First Meeting of Creditors – dated January 4, 2022
| PDF · Subscribers | |
| Notice of Bankruptcy, First Meeting of Creditors – dated December 15, 2021 | PDF · Subscribers | |
| Application for leave to intervene of Canadian Imperial Bank of Commerce – dated December 10, 2021) | PDF · Subscribers | |
ChronoMétriq – Service List – dated December 10, 2021)
| PDF · Subscribers | |
Certificate of Assignment – dated December 8, 2021
| PDF · Subscribers | |
| Proof of claim | PDF · Subscribers | |
Certificate of the Trustee – dated November 29, 2021
| PDF · Subscribers | |
Extension, Approval, Vesting and Assignment Order – dated November 25, 2021
| PDF · Subscribers | |
Second Report of the Trustee on the State of Petitioners’ Business and Financial Affairs – dated November 24, 2021
| PDF · Subscribers | |
Application for the issuance of an extension, approval, vesting and assignment order – dated
| PDF · Subscribers | |
| Notice of Appeal (Revenue Québec) – dated November 8, 2021 | PDF · Subscribers | |
| Notice of Appeal (The Attorney General of Canada) – dated November 8, 2021 | PDF · Subscribers | |
Notice to Creditors of Intention to Make a Proposal – dated November 2, 2021
| PDF · Subscribers | |
First Report of the Trustee on the state of Petitioners’ business and financial affairs
| PDF · Subscribers | |
Order authorizing and approving interim financing, an administration charge, a sale and investment solicitation process, a Directors and Officers charge, a key employee retention program, procedural consolidation for the estates, and other relief – dated October 27, 2021
| PDF · Subscribers | |
Certificate of filing of a Notice of Intention to Make a Proposal (Procedural Consolidation) – dated October 26, 2021
| PDF · Subscribers | |
Certificate of filing of a Notice of Intention to Make a Proposal – dated October 26, 2021
| PDF · Subscribers | |
| Motion for the Issuance of an Order authorizing and approving interim financing, a sale and investment solicitation process, an administrative charge, a directors and officers charge, a key employee retention program, procedural consolidation of the estates, and other relief – dated October 26, 2021 | PDF · Subscribers | |
| Minutes from court hearing (french version only) – dated October 27, 21 | 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., “ChronoMétriq Inc. and Health Myself Innovations Inc.” (NOI). Retrieved 4 November 2026, https://proceedings.ca/case/chronometriq-inc