Proceedings.

Fabspec inc.

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Proceeding
Bankruptcyparagraphe 102(1) de la Loi
File
765-11-002832-256
Filings held1
Last activity10 Dec 2025
On the record335 days
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 · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Agence du Revenu du Canada - DAS · in 71 casesDeemed trust in favour of the Crown; amount reported as $0.00 — debtor: Fabspec inc. · as of 5 Dec 2025$0Avis de faillite
3Deemed trusts (CRA and other)
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

60 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured 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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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
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Fabspec inc.” (Bankruptcy). Retrieved 4 November 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.