G & B Fuels Inc.
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act
- File
- 25-3420612
G & B Fuels Inc. is in bankruptcy under the Bankruptcy and Insolvency Act, the bankruptcy taking effect at 10:36 on September 8, 2026, with MNP LTD / MNP LTÉE acting as trustee of the estate of the debtor under court file 25-3420612 in Alberta. Section 49 of the Act is cited as the statutory basis. The Statement of Affairs (Form 78), as stated and estimated by the debtor as at August 24, 2026, reports total assets of $1,252,854.00 against total liabilities of $45,472,843.79, comprising $4.00 owed to secured creditors and $45,472,839.79 to unsecured creditors, and a deficiency of $44,219,989.79. The largest unsecured claim listed is BCP IV Services Station LP2 at $9,319,966.67, followed by CRA GST/HST at $1,393,235.46, recorded as a deemed trust class claim, AFD Petroleum Ltd at $682,995.30, Core-Mark Canada at $602,686.75 and Flight Fuels Ltd. at $487,954.23. The single secured claim listed is Ford Credit Canada Limited, secured in the amount of $4.00 against a total claim of $5.00. The proceeding is active.
Recorded the bankruptcy as of 10:36 on September 8, 2026, with MNP as trustee, and carried the debtor's Form 78 Statement of Affairs figures as at August 24, 2026.
Source: Certificate of Appointment
Debtor
G & B Fuels Inc.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Ford Credit Canada Limited · in 60 casesAsset securing the liability listed as '816,817,821,822' (asset item numbers) — Total secured creditors per Statement of Affairs summary page also shown as $4.00; listed liability #49 shows secured amount of $4.00 with total claim of $5.00 and estimated deficiency of -$1.00 — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $4 | Creditors Package |
| 8 | Unsecured | BCP IV Services Station LP2Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $9.32M | Creditors Package |
| 8 | Unsecured | CRA - GST/HST (Surrey National Verification and Collection Centre) · in 10 casesTaxes - Federal; deemed trust class claim — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1.39M | Creditors Package |
| 8 | Unsecured | AFD Petroleum Ltd · in 3 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $683K | Creditors Package |
| 8 | Unsecured | Core-Mark CanadaTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $603K | Creditors Package |
| 8 | Unsecured | Flight Fuels Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $488K | Creditors Package |
| 8 | Unsecured | Exchange Petroleum · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $293K | Creditors Package |
| 8 | Unsecured | Enerchem International IncTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $274K | Creditors Package |
| 8 | Unsecured | Big Eddy Fuel Services LtdTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $198K | Creditors Package |
| 8 | Unsecured | CorcentricTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $83.2K | Creditors Package |
| 8 | Unsecured | Buchanan Barry LLP · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $37.4K | Creditors Package |
| 8 | Unsecured | EFI GlobalTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $28.5K | Creditors Package |
| 8 | Unsecured | Accu-Flo Meter Service Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $20.5K | Creditors Package |
| 8 | Unsecured | Centex Petroleum-fuel purchaseTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $15.3K | Creditors Package |
| 8 | Unsecured | 1904466 Ab LtdTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $10.8K | Creditors Package |
| 8 | Unsecured | Allweld Manufacturing LtdTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $8.37K | Creditors Package |
| 8 | Unsecured | Alexander Chemical L.P.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $8.03K | Creditors Package |
| 8 | Unsecured | Field Law · in 5 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $6.9K | Creditors Package |
| 8 | Unsecured | Fort Garry Industries Ltd. · in 3 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $6.7K | Creditors Package |
| 8 | Unsecured | Federated Co-operatives Ltd. · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $5.78K | Creditors Package |
| 8 | Unsecured | Cameron EnterprisesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $4.08K | Creditors Package |
| 8 | Unsecured | Canadian Linen & Uniform Service · in 36 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $3.76K | Creditors Package |
| 8 | Unsecured | Edmonton Kenworth Ltd. · in 9 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $2.64K | Creditors Package |
| 8 | Unsecured | GB InnisfailTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $2.3K | Creditors Package |
| 8 | Unsecured | Cummins Western Canada · in 6 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1.89K | Creditors Package |
| 8 | Unsecured | BFL Canada Risk & Insurance Services IncTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $954 | Creditors Package |
| 8 | Unsecured | Diamond GlassTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $872 | Creditors Package |
| 8 | Unsecured | C.R. TechniquesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $761 | Creditors Package |
| 8 | Unsecured | Empringham Disposal Corp · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $536 | Creditors Package |
| 8 | Unsecured | Foothills Industrial Glass Service Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $278 | Creditors Package |
| 8 | Unsecured | City of Calgary · in 10 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $265 | Creditors Package |
| 8 | Unsecured | Dunsford & Scott Professional CorporationTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $242 | Creditors Package |
| 8 | Unsecured | 16142 Yukon Inc/Northern Enviro ServicesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $190 | Creditors Package |
| 8 | Unsecured | Frito Lay Canada-Division of PepsicoTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $136 | Creditors Package |
| 8 | Unsecured | Cutting Edge Graphix Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $91 | Creditors Package |
| 8 | Unsecured | Chris Page & AssociatesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Dwayne-ReimburseTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Calgary Police Service · in 4 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Calgary Sun, Herald & National PostTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Big Rock Water Hauling ServicesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Fleetcor MCTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Fleet Brake · in 3 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | G&B DidsburyTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Farrow EquipmentTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Eric R ReimbursementTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Enmax · in 61 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Bruce Cassidy EnterprizesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Diamond International EdmontonTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Derick Rodriguez ReimburseTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Alton ReimbursementTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Coastal Mountain Fuels · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | Ford Credit Canada Limited · in 60 casesListed as 'Other' liability dated 31-Jan-2026; unsecured portion of claim ($4.00 secured separately, see secured_creditors) — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | B-Tech ElectronicsTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $1 | Creditors Package |
| 8 | Unsecured | 1556890 Alberta IncTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026 | $0 | Creditors Package |
As at 24 Aug 2026 · per Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · G & B Fuels Inc. (single entity) — Liabilities comprise: Secured creditors $4.00, Preferred creditors/securities/priorities $0.00, Unsecured creditors $45,472,839.79, Contingent/trust claims $0.00; resulting deficiency of $44,219,989.79 (surplus line on liabilities side reads $44,219,989.79 but is captioned inconsistently as 'Surplus' vs 'Deficiency' on assets side - deficiency figure used per assets-side label); the listed liabilities schedule (pages 8-12) does not sum to the stated total liabilities of $45,472,839.79, as the schedule is only partially provided in these pages
| Date | Document | File |
|---|---|---|
Creditors Package
| ||
Certificate of Appointment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “G & B Fuels Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/g-and-b-fuels-inc