Global Food and Ingredients Inc.

Global Food and Ingredients Inc. became bankrupt on July 9, 2026 at 10:01 under the BIA, court file 31-3395953, having already been in receivership: Richter Inc. was appointed Receiver by Order of the Ontario Superior Court of Justice (Commercial List) on May 30, 2024. The Form 78 Statement of Affairs, as at June 30, 2026, reports total assets of $1.00 against total liabilities of $17,954,457.95, all of it unsecured, with no secured or preferred claims and a deficiency of -$17,954,456.95. The largest listed claim is Farm Credit Canada at $9,549,683.17, recorded as arising under a General Security Agreement but classified as unsecured, followed by Canadian Agri Impex at $1,153,694.17. "Increased Cost of Doing Business" is the only reason for financial difficulty checked.