Proceedings.

G & B Fuels Inc.

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
25-3420612
Filings held2
Last activity10 Sep 2026
On the record13 days
Secured debt$4
OverviewSummary updated

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.

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Case updates2 dated entries
#Report

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

Parties

Debtor

G & B Fuels Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · 1 named without a figure
#Priority classCreditorAmountSource
4SecuredFord 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$4Creditors Package
8UnsecuredBCP IV Services Station LP2Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$9.32MCreditors Package
8UnsecuredCRA - 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$1.39MCreditors Package
8UnsecuredAFD Petroleum Ltd · in 3 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$683KCreditors Package
8UnsecuredCore-Mark CanadaTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$603KCreditors Package
8UnsecuredFlight Fuels Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$488KCreditors Package
8UnsecuredExchange Petroleum · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$293KCreditors Package
8UnsecuredEnerchem International IncTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$274KCreditors Package
8UnsecuredBig Eddy Fuel Services LtdTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$198KCreditors Package
8UnsecuredCorcentricTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$83.2KCreditors Package
8UnsecuredBuchanan Barry LLP · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$37.4KCreditors Package
8UnsecuredEFI GlobalTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$28.5KCreditors Package
8UnsecuredAccu-Flo Meter Service Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$20.5KCreditors Package
8UnsecuredCentex Petroleum-fuel purchaseTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$15.3KCreditors Package
8Unsecured1904466 Ab LtdTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$10.8KCreditors Package
8UnsecuredAllweld Manufacturing LtdTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$8.37KCreditors Package
8UnsecuredAlexander Chemical L.P.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$8.03KCreditors Package
8UnsecuredField Law · in 5 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$6.9KCreditors Package
8UnsecuredFort Garry Industries Ltd. · in 3 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$6.7KCreditors Package
8UnsecuredFederated Co-operatives Ltd. · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$5.78KCreditors Package
8UnsecuredCameron EnterprisesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$4.08KCreditors Package
8UnsecuredCanadian Linen & Uniform Service · in 36 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$3.76KCreditors Package
8UnsecuredEdmonton Kenworth Ltd. · in 9 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$2.64KCreditors Package
8UnsecuredGB InnisfailTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$2.3KCreditors Package
8UnsecuredCummins Western Canada · in 6 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1.89KCreditors Package
8UnsecuredBFL Canada Risk & Insurance Services IncTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$954Creditors Package
8UnsecuredDiamond GlassTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$872Creditors Package
8UnsecuredC.R. TechniquesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$761Creditors Package
8UnsecuredEmpringham Disposal Corp · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$536Creditors Package
8UnsecuredFoothills Industrial Glass Service Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$278Creditors Package
8UnsecuredCity of Calgary · in 10 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$265Creditors Package
8UnsecuredDunsford & Scott Professional CorporationTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$242Creditors Package
8Unsecured16142 Yukon Inc/Northern Enviro ServicesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$190Creditors Package
8UnsecuredFrito Lay Canada-Division of PepsicoTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$136Creditors Package
8UnsecuredCutting Edge Graphix Ltd.Trade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$91Creditors Package
8UnsecuredChris Page & AssociatesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredDwayne-ReimburseTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredCalgary Police Service · in 4 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredCalgary Sun, Herald & National PostTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredBig Rock Water Hauling ServicesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredFleetcor MCTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredFleet Brake · in 3 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredG&B DidsburyTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredFarrow EquipmentTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredEric R ReimbursementTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredEnmax · in 61 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredBruce Cassidy EnterprizesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredDiamond International EdmontonTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredDerick Rodriguez ReimburseTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredAlton ReimbursementTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredCoastal Mountain Fuels · in 2 casesTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8UnsecuredFord 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$1Creditors Package
8UnsecuredB-Tech ElectronicsTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$1Creditors Package
8Unsecured1556890 Alberta IncTrade accounts payable — debtor: G & B Fuels Inc. · as of 24 Aug 2026$0Creditors Package
Estate financialsReported figures — never derived
Total assets at filing$1.25M
Total liabilities at filing$45.5M

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

Documents2 filings
DateDocumentFile
Creditors Package
  • Financial position Assets $1.25M · Liabilities $45.5M · 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
  • Secured creditors $4 · Note: 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 · Page: 12 · As of: 2026-08-24 · Debtor: G & B Fuels Inc. · Creditor: Ford Credit Canada Limited · Security: Asset securing the liability listed as '816,817,821,822' (asset item numbers)
  • Unsecured creditors $2.3K · Note: Trade accounts payable · Page: 12 · As of: 2026-08-24 · Basis: Statement of Affairs (Form 78) as reported · Debtor: G & B Fuels Inc. · Creditor: GB Innisfail
PDF
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee of the estate of the debtor
  • Commencement date 8 September 2026
  • Court file no 25-3420612
  • + 2 more extracted facts
PDF

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

Sources last checked · summary updated 18 September 2026 · Report a correction · Printed from proceedings.ca/case/g-and-b-fuels-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.