Proceedings.

Cornerstone Courier Inc

ActiveFollow
Proceeding
BankruptcySubsection 102(1) of the Act
File
35-2666728
Filings held1
Last activity24 Aug 2020
On the record2,264 days
OverviewSummary updated

Cornerstone Courier Inc. has been in bankruptcy in Ontario since August 24, 2020, with MNP Ltd. as trustee under court file number 35-2666728. The Statement of Affairs prepared as at that date shows no assets against total liabilities of $906,790.64, and reports a deficiency in the same amount, with secured claims stated at $0.00. Unsecured claims total $757,041.86, preferred claims $29.00, and contingent and trust claims $149,719.78, the latter a deemed trust claim of CRA - Tax - Ontario. CRA is also listed as an unsecured creditor for $192,606.18 and, separately, $39,676.24. Other larger unsecured claims include Business Development Bank of Canada at $156,080.80, Esso/Imperial Oil at $55,709.50, CIBC Visa at $41,287.49, Ryder Truck Rental at $39,364.56 and American Express at $31,397.55. The estate remains active.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates1 dated entry
#Claims

Meeting of creditors recorded for Cornerstone Courier Inc, dated to the August 24, 2020 commencement of the proceeding. The record gives no attendance, resolutions or outcome.

Source: Creditors Package

Parties

Debtor

Cornerstone Courier Inc

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
7Preferred (BIA s. 136)Keith Strutherspreferred claim — debtor: Cornerstone Courier Inc. · as of 24 Aug 2020$1Creditors Package
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)
7Preferred (BIA s. 136)

79 more claims in 2 classes The stack holds Preferred (BIA s. 136) and Unsecured claims.

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
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.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents1 filing
DateDocumentFile
Creditors Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 24 August 2020
  • Court file no 35-2666728
  • + 6 more extracted facts
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., “Cornerstone Courier Inc” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/cornerstone-courier-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/cornerstone-courier-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.