Proceedings.

Fabspec inc.

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Active
Proceeding
Bankruptcyparagraphe 102(1) de la Loi
File
765-11-002832-256
Filings held1
Last activity5 Dec 2025
On the record290 days
Secured debt$1.8M
OverviewSummary updated

Fabspec inc. became bankrupt on 5 December 2025, with Raymond Chabot Inc. acting as syndic under court file 765-11-002832-256. The statement of affairs, declared and estimated by the bankrupt as at 5 December 2025, reports assets of $170,000.00 against liabilities of $6,026,523.82, leaving a deficit of $5,856,523.82. One creditor, Gespec inc., accounts for most of the debt on both sides of the register: $1,800,000.00 of the $1,833,250.19 in secured claims, and $3,874,000.00 of the $4,193,273.63 unsecured. The largest remaining claim is $111,773.90 by Resistoflex Company.

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Case updates1 dated entry
Parties

Debtor

Fabspec inc.

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 7 named without a figure
#Priority classCreditorAmountSource
4SecuredGespec inc.Autre passif ou réclamation - garantie — Related party secured creditor (item #50); Gespec inc. also appears as unsecured creditor at item #49 for $3,874,000.00 — debtor: Fabspec inc. · as of 5 Dec 2025$1.8MAvis de faillite
4SecuredBMO - Financial Group · in 39 casesPrêts bancaires (excepté hypothèques sur les biens immeubles) — Listed as secured on Statement of Affairs, garantie amount — debtor: Fabspec inc. · as of 5 Dec 2025$33.3KAvis de faillite
8UnsecuredGespec inc.Related party (item #49); Gespec inc. also secured for $1,800,000.00 at item #50 — debtor: Fabspec inc. · as of 5 Dec 2025$3.87MAvis de faillite
8UnsecuredResistoflex Companydebtor: Fabspec inc. · as of 5 Dec 2025$112KAvis de faillite
8UnsecuredMesser · in 10 casesdebtor: Fabspec inc. · as of 5 Dec 2025$30.7KAvis de faillite
8UnsecuredSolva-Rec Environnement inc. · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$24.4KAvis de faillite
8UnsecuredFabrication Tek-Nicdebtor: Fabspec inc. · as of 5 Dec 2025$24.3KAvis de faillite
8UnsecuredXerox Canada Ltée.debtor: Fabspec inc. · as of 5 Dec 2025$19.2KAvis de faillite
8UnsecuredMeridian Onecap Credit Corp. · in 75 casesas of 2023-01 — debtor: Fabspec inc.$12.8KAvis de faillite
8UnsecuredEnviro Industriesdebtor: Fabspec inc. · as of 5 Dec 2025$12.6KAvis de faillite
8UnsecuredTact · in 5 casesdebtor: Fabspec inc. · as of 5 Dec 2025$11.4KAvis de faillite
8UnsecuredCNESST (Mauricie) · in 285 casesdebtor: Fabspec inc. · as of 5 Dec 2025$7.31KAvis de faillite
8UnsecuredMotion Canada · in 25 casesdebtor: Fabspec inc. · as of 5 Dec 2025$6.16KAvis de faillite
8UnsecuredBell Canada (commercial) · in 298 casesdebtor: Fabspec inc. · as of 5 Dec 2025$5.73KAvis de faillite
8UnsecuredDistribution J.R.V.debtor: Fabspec inc. · as of 5 Dec 2025$5.7KAvis de faillite
8UnsecuredESTESdebtor: Fabspec inc. · as of 5 Dec 2025$5.23KAvis de faillite
8UnsecuredSherwin Williams · in 5 casesdebtor: Fabspec inc. · as of 5 Dec 2025$4.58KAvis de faillite
8UnsecuredISPR Inspectiondebtor: Fabspec inc. · as of 5 Dec 2025$3.96KAvis de faillite
8UnsecuredF F Expressdebtor: Fabspec inc. · as of 5 Dec 2025$3.62KAvis de faillite
8UnsecuredMichon Industriel · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$3.32KAvis de faillite
8UnsecuredÉquipement K&Ldebtor: Fabspec inc. · as of 5 Dec 2025$2.7KAvis de faillite
8UnsecuredSEP Metrologie inc.debtor: Fabspec inc. · as of 5 Dec 2025$2.51KAvis de faillite
8UnsecuredFlocor inc. · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1.96KAvis de faillite
8UnsecuredPhilexpert inc. · in 4 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1.83KAvis de faillite
8UnsecuredPilot P.B. inc. · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1.58KAvis de faillite
8UnsecuredGroupe LD inc. · in 4 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1.35KAvis de faillite
8UnsecuredGroupe Swagelok Québecdebtor: Fabspec inc. · as of 5 Dec 2025$1.3KAvis de faillite
8UnsecuredCBR Laser · in 5 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1.14KAvis de faillite
8UnsecuredLaser Datophdebtor: Fabspec inc. · as of 5 Dec 2025$1.09KAvis de faillite
8UnsecuredEBI Environnement inc. (Services Sanitaires R.S.) · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1.04KAvis de faillite
8UnsecuredMédic Québec - 9459-7143 Québec inc.debtor: Fabspec inc. · as of 5 Dec 2025$1.04KAvis de faillite
8UnsecuredÉquipements GSTdebtor: Fabspec inc. · as of 5 Dec 2025$980Avis de faillite
8UnsecuredSonic Propanedebtor: Fabspec inc. · as of 5 Dec 2025$962Avis de faillite
8UnsecuredMcCann Equipment Ltéedebtor: Fabspec inc. · as of 5 Dec 2025$874Avis de faillite
8UnsecuredDrillmex inc.debtor: Fabspec inc. · as of 5 Dec 2025$823Avis de faillite
8UnsecuredEn-Pro International inc. · in 2 casesdebtor: Fabspec inc. · as of 5 Dec 2025$805Avis de faillite
8UnsecuredTenaquip · in 11 casesdebtor: Fabspec inc. · as of 5 Dec 2025$760Avis de faillite
8UnsecuredCintube Ltée · in 2 casesdebtor: Fabspec inc. · as of 5 Dec 2025$644Avis de faillite
8UnsecuredBell Canada · in 298 casesdebtor: Fabspec inc. · as of 5 Dec 2025$631Avis de faillite
8UnsecuredIndustries Desormeau inc. · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$494Avis de faillite
8UnsecuredNorvik inc.debtor: Fabspec inc. · as of 5 Dec 2025$424Avis de faillite
8UnsecuredCourrier Purolator Ltée · in 3 casesdebtor: Fabspec inc. · as of 5 Dec 2025$379Avis de faillite
8UnsecuredR.P. Nettoyeur inc.debtor: Fabspec inc. · as of 5 Dec 2025$323Avis de faillite
8UnsecuredOutil-Pac inc.debtor: Fabspec inc. · as of 5 Dec 2025$233Avis de faillite
8UnsecuredInfo-Punch 2009 Inc.as of 2023-08 — debtor: Fabspec inc.$135Avis de faillite
8UnsecuredHamster · in 6 casesdebtor: Fabspec inc. · as of 5 Dec 2025$133Avis de faillite
8UnsecuredSharpexdebtor: Fabspec inc. · as of 5 Dec 2025$115Avis de faillite
8UnsecuredLa Recharge Trois-Rivièresdebtor: Fabspec inc. · as of 5 Dec 2025$114Avis de faillite
8UnsecuredLes Joints Étanches R.B. inc.debtor: Fabspec inc. · as of 5 Dec 2025$67Avis de faillite
8UnsecuredMcMaster-Carr Supply Co. · in 13 casesdebtor: Fabspec inc. · as of 5 Dec 2025$47Avis de faillite
8UnsecuredEmco · in 4 casesdebtor: Fabspec inc. · as of 5 Dec 2025$17Avis de faillite
8UnsecuredB2B2Cdebtor: Fabspec inc. · as of 5 Dec 2025$14Avis de faillite
8UnsecuredCommission de la construction du Québec · in 42 casesdebtor: Fabspec inc. · as of 5 Dec 2025$1Avis de faillite
8UnsecuredGoldman Sachs credit partners L.P.as of 1997-11 — Prêts des sociétés de crédit — debtor: Fabspec inc.$1Avis de faillite
8UnsecuredAgence du Revenu du Canada - DAS · in 67 casesDeemed trust in favour of the Crown; amount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
8UnsecuredAgence du Revenu du Canada - Impôts · in 59 casesCorporate taxes; amount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
8UnsecuredMinistère du revenu du Québec - DAS · in 65 casesDeemed trust in favour of the Crown; amount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
8UnsecuredGE Vernovaamount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
8UnsecuredMinistère du Revenu du Québec - TPS · in 101 casesamount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
8UnsecuredMinistère du revenu du Québec - Impôts · in 63 casesamount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
8UnsecuredMinistère du revenu du Québec - TVQ · in 59 casesamount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
Estate financialsReported figures — never derived
Total assets at filing$170K
Total liabilities at filing$6.03M

As at 5 Dec 2025 · per Statement of Affairs (Formulaire 78) as declared and estimated by the bankrupt · entity - Fabspec inc. — Secured creditors $1,833,250.19; preferred/priority creditors $0.00; unsecured creditors $4,193,273.63; contingent/trust claims $0.00; deficit of $5,856,523.82

Documents1 filing
DateDocumentFile
Avis de faillite
  • Appointee Raymond Chabot Inc.
  • Appointee role syndic de l'actif du failli
  • Commencement date 5 December 2025
  • Court file no 765-11-002832-256
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Fabspec inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/fabspec-inc

Sources last checked · summary updated 22 August 2026 · Report a correction · Printed from proceedings.ca/case/fabspec-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.