Global HVAC & Automation Inc.
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-2911443
Global HVAC & Automation Inc. made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act, dated February 14, 2023, at 12:05, with Grant Thornton Limited as trustee, court file no. 31-2911443. Its sworn Statement of Affairs reported total assets of $316,059.11 against total liabilities of $40,633,283.50, a stated deficiency of $40,317,224.39, with preferred creditors and contingent liabilities listed as nil. Royal Bank of Canada holds a secured claim balance of $14,812,820.49 against business assets, equipment and named vehicles. Unsecured creditors include Kontrol Technologies Corp at $5,194,267.00, Emco Corporation at $3,286,877.34, HTS Engineering Ltd. at $2,083,721.13 and Vanguard Sheet Metal Contractors Limited at $1,721,876.41, among dozens of trade creditors.
A claims procedure has been established — see the order for deadlines.
Global HVAC & Automation Inc.'s bankruptcy is recorded as dated February 14, 2023, at 12:05.
Source: Certificate of Appointment.pdf
Global HVAC & Automation Inc. made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act, effective February 14, 2023.
Source: Statement of Affairs.pdf
Undated filings2 — no date appears on the document · show
2 filings carry no date on their face — subscribers.
Debtor
Global HVAC & Automation Inc.
Trustee in bankruptcy
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesDebts due (business), business assets/trade fixtures-equipment, furniture, prepaid expenses, motor vehicles (2010 Dodge Grand Caravan, 2012 Chevrolet Express Van G2500, Ford E450 Super Duty Cube Van, 2011 Chevrolet Silverado Truck 1/2 Ton, 2010 Chevrolet Silverado Truck Model 1500); total claim $15,128,879.60 with estimated security value $316,059.11 — Balance of claim after deducting estimated value of security, as per List 'B' — debtor: Global HVAC & Automation Inc. · as of 14 Feb 2023 | $14.8M | Statement of Affairs.pdf |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Notice of Bankruptcy and First Meeting of Creditors.pdf | PDF · Subscribers | |
Certificate of Appointment.pdf
| PDF · Subscribers | |
Statement of Affairs.pdf
| PDF · Subscribers | |
| Proof of Claim Form.pdf | PDF · Subscribers | |
Proxy Form.pdf
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Global HVAC & Automation Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/global-hvac-automation-inc