Recorded the date and time of bankruptcy as February 11, 2026 at 11:23, fixing the estate date under file 31-3332138 in Ontario.
Source: Certificate of Appointment
Innovative Fitness Bloor Inc. is in bankruptcy in Ontario under the BIA, having filed an assignment on February 11, 2026, with the bankruptcy recorded as effective at 11:23 that day under file 31-3332138. The Statement of Affairs sworn as at that date reports total assets of $1.00 against total liabilities of $1,432,004.00, a deficiency of $1,432,003.00, with only $1.00 of the debt shown as secured. The largest claims are $770,000.00 in rent owed to Epic Realty, a $456,000.00 Royal Bank of Canada bank loan incurred April 29, 2024, and $185,000.00 owed to Xpedite Leasing/Prime Capital, of which $184,999.00 is a deficiency from security over gym equipment and leasehold improvements. The proceeding remains active.
Recorded the date and time of bankruptcy as February 11, 2026 at 11:23, fixing the estate date under file 31-3332138 in Ontario.
Source: Certificate of Appointment
Innovative Fitness Bloor Inc. filed an assignment in bankruptcy, supported by a Form 78 Statement of Affairs listing $1.00 in assets and $1,432,004.00 in liabilities.
Source: Innovative Fitness Bloor Inc. - Notice of Bankruptcy Creditors Package
Debtor
Innovative Fitness Bloor Inc.
Trustee in bankruptcy
Fuller Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Xpedite Leasing/Prime CapitalAsset No. 1101 - Machinery, equipment and plant (Gym Equipment & Leasehold Improvements) — Total claim $185,000.00 (debt incurred 05-Jan-2024); of which only $1.00 is secured per Statement of Affairs, with $184,999.00 shown as the unsecured deficiency from security (estimated surplus/(deficit) from security: -$184,999.00). — debtor: Innovative Fitness Bloor Inc. · as of 11 Feb 2026 | $1 | Innovative Fitness Bloor Inc. - Notice of Bankruptcy Creditors Package |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Innovative Fitness Bloor Inc. - Notice of Bankruptcy Creditors Package
| PDF · Subscribers | |
Certificate of Appointment
| 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., “Innovative Fitness Bloor Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/innovative-fitness-bloor-inc
Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/innovative-fitness-bloor-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.