Proceedings.

Innovative Fitness Bloor Inc.

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Active
Proceeding
BankruptcySubsection 102(1) of the Act
File
31-3332138
Filings held2
Last activity11 Feb 2026
On the record222 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates3 dated entries
Parties

Debtor

Innovative Fitness Bloor Inc.

Trustee in bankruptcy

Fuller Landau

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredXpedite 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$1Innovative Fitness Bloor Inc. - Notice of Bankruptcy Creditors Package

14 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents2 filings
DateDocumentFile
Innovative Fitness Bloor Inc. - Notice of Bankruptcy Creditors Package
  • Appointee The Fuller Landau Group Inc.
  • Appointee role trustee
  • Commencement date 11 February 2026
  • Court file no 31-3332138
  • + 5 more extracted facts
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Certificate of Appointment
  • Appointee THE FULLER LANDAU GROUP INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 11 February 2026
  • Court file no 31-3332138
  • + 1 more extracted fact
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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.