Proceedings.

Construction Distribution & Supply Company Inc.

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Proceeding
BankruptcySubsection 102(1) of the Act
File
31-3049557
Filings held2
Last activity29 Feb 2024
On the record980 days
Secured debtSubscribers
OverviewSummary updated

Construction Distribution & Supply Company Inc. is in active bankruptcy proceedings. Its Statement of Affairs, sworn as at February 29, 2024, reports total liabilities of $13,384,643.49 against assets of $1,100,684.25, leaving a deficiency of $12,283,959.24. The liabilities comprise unsecured claims of $7,083,497.54, a secured-claims balance of $5,146,665.00, secured creditors' claims of $1,100,684.25, and preferred claims of $53,796.70. Among secured creditors, Scotiabank (via Canaccede International Management Ltd.) claims $1,314,704.00 secured against accounts receivable, stock in trade and an investment; Roynat Inc. claims $4,825,312.00 against security valued at nil; and Bank of Nova Scotia and Ford Credit Canada hold fully secured claims of $50,000.00 and $57,333.25 respectively against motor vehicles.

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Case updates1 dated entry · 1 undated
Undated filings1 — no date appears on the document · show
Parties

Debtor

Construction Distribution & Supply Company Inc.

Trustee in bankruptcy

Schwartz Levitsky Feldman Inc.

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredRoynat Inc. · in 48 casesBusiness Assets - Stock in Trade (est. value $0.00); Debts Due - Accounts Receivable (est. value $0.00); Other - Investment in Construction Distribution and Supply Corporation (est. value $0.00) — Security valued at $0; balance of claim (deficiency) of $4,825,312.00 also listed as Total claim in unsecured creditors List A (bifurcated secured/unsecured by security valuation) — debtor: Construction Distribution & Supply Company Inc. · as of 29 Feb 2024$4.83MNotice to Creditors
4Secured
4Secured
4Secured
6Landlord preferred
6Landlord preferred
6Landlord preferred
6Landlord preferred
8Unsecured
8Unsecured

169 more claims in 3 classes The stack holds Secured, Landlord preferred and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents2 filings
DateDocumentFile
Notice to Creditors
  • Appointee Schwartz Levitsky Feldman Inc.
  • Appointee role trustee
  • Commencement date 29 February 2024
  • Court file no 31-3049557
  • + 5 more extracted facts
PDF · Subscribers
Proof of Claim
  • Commencement date 29 February 2024
  • Court file no 31-3049557
  • Province Ontario
  • Statutory basis Sections 50.1, 81.5, 81.6, Subsections 65.2(4), 81.2(1), 81.3(8), 81.4(8), 102(2), 124(2), 128(1), and Paragraphs 51(1)(e) and 66.14(b) of the Act
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., “Construction Distribution & Supply Company Inc.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/construction-distribution-supply-company-inc

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/construction-distribution-supply-company-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.