Proceedings.

JMC Security and Investigations Inc.

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Active
Proceeding
NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
File
31-3402806
Filings held4
Last activity27 Aug 2026
On the record59 days
Secured debt$79.2K
OverviewSummary updated

JMC Security and Investigations Inc. filed a notice of intention dated July 24, 2026, commencing a proceeding under the Bankruptcy and Insolvency Act that remains active. The matter is recorded under court file number 31-3402806. That notice is the only filing on the record to date; no subsequent steps, claims figures or hearing outcomes have been recorded in the proceeding.

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Case updates4 dated entries
Parties

Debtor

JMC Security and Investigations Inc.

Proposal trustee

MNP

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
4SecuredTD Canada Trust c/o FCT Default Solutions · in 53 casesas of NOI filing date — Bank loan (Account #9207413), secured against business assets and receivables (Book Value: 296,064.37); assets securing liability listed as items 101, 1301, 1102, 1101, 801, 802, 803, 804 — PPSA registration by The Toronto Dominion Bank per search dated July 20, 2026; estimated surplus/deficit from security shown as $249,180.74 on SOA (Form 78); listed as List of Creditors item and Form 78 secured claim — debtor: JMC Security and Investigations Inc.$79.2KNotice to Creditors re: Proposal Filing and Creditor's Meeting
8UnsecuredToronto Beyond The Bluedebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredDJM Securitydebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredTelus Mobility Services · in 32 casesdebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredTD Canada Trust C/O FCT Default Solutions · in 53 casesSame creditor also appears as Secured on page 1; document does not explain whether this reflects a separate unsecured shortfall claim or a duplicate mailing entry — debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredSummit Canada Distributorsdebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredRazko 1508374 Ontario Ltd.debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredOro Caffe Inc.debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredMarkham Executive Officesdebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredJohn Neill CowanRelated party - shareholder/director loan; also separately listed as Director — debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredCRA - GST/HST - Jonquiere (857851836 RP0001) · in 12 casesCRA GST/HST program account; deemed-trust class per BIA, no amount stated in document — debtor: JMC Security and Investigations Inc.Creditor Mailing List
8Unsecured2662867 Ontario Limiteddebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredAbrams Towing Services Ltd.debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredAC Final Mile · in 2 casesdebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredAnthony L Colangelo CPA Professional Corporationdebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredBearcomdebtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredBig Wax Inc.debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredCRA - GST/HST - Jonquiere (857851836 RT0001) · in 12 casesCRA GST/HST program account; deemed-trust class per BIA, no amount stated in document — debtor: JMC Security and Investigations Inc.Creditor Mailing List
8UnsecuredCRA - GST/HST - Jonquiere (857851836 RC0001) · in 12 casesCRA GST/HST program account; deemed-trust class per BIA, no amount stated in document — debtor: JMC Security and Investigations Inc.Creditor Mailing List

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

RecoveriesAs stated in the filings

Unsecured creditors: 25 % of proven claims.Under the planNotice to Creditors re: Proposal Filing and Creditor's Meeting · 27 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecured$476Kestimated25 %of proven claimsUnder the planper the proposal trusteeNotice to Creditors re: Proposal Filing and Creditor's Meeting · 27 Aug 2026
UnsecuredRelated Party Creditorsrelated partyno distributionconditionalUnder the planper the proposal trusteeNotice to Creditors re: Proposal Filing and Creditor's Meeting · 27 Aug 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing$328K
Total liabilities at filing$756K

As at 24 Jul 2026 · per Statement of Affairs (Form 78), sworn/declared by director John Neill Cowan on 2026-08-21, stated and estimated by debtor; not audited or investigated by Trustee · JMC Security and Investigations Inc. (single entity, corporate debtor) — Deficiency of $427,841.69 reported. Liabilities breakdown per SOA: Secured $79,166.65, Preferred $0.00, Unsecured $527,022.43, Contingent/other $150,000.00 (severance), totaling $756,189.08. Total assets $328,347.39. Trustee's Report separately estimates unsecured claims at $476,016 (excluding potential unsecured shortfall of Secured Creditors and Related Party claims) for purposes of distribution calculation, and at $677,022 in the bankruptcy-scenario table - both figures differ from the SOA total and are noted as estimates for specific illustrative purposes.

Documents4 filings
DateDocumentFile
Notice to Creditors re: Proposal Filing and Creditor's Meeting
  • Financial position Assets $328K · Liabilities $756K · as at 24 Jul 2026 · per Statement of Affairs (Form 78), sworn/declared by director John Neill Cowan on 2026-08-21, stated and estimated by debtor; not audited or investigated by Trustee · JMC Security and Investigations Inc. (single entity, corporate debtor) — Deficiency of $427,841.69 reported. Liabilities breakdown per SOA: Secured $79,166.65, Preferred $0.00, Unsecured $527,022.43, Contingent/other $150,000.00 (severance), totaling $756,189.08. Total assets $328,347.39. Trustee's Report separately estimates unsecured claims at $476,016 (excluding potential unsecured shortfall of Secured Creditors and Related Party claims) for purposes of distribution calculation, and at $677,022 in the bankruptcy-scenario table - both figures differ from the SOA total and are noted as estimates for specific illustrative purposes.
  • Recovery outcome Entries: per plan; per plan; per liquidation_alternative · Stated on: 2026-08-27 · Table missing:
  • Secured creditors $79.2K · Note: PPSA registration by The Toronto Dominion Bank per search dated July 20, 2026; estimated surplus/deficit from security shown as $249,180.74 on SOA (Form 78); listed as List of Creditors item and Form 78 secured claim · Page: 20 · As of: NOI filing date · Debtor: JMC Security and Investigations Inc. · Creditor: TD Canada Trust c/o FCT Default Solutions · Security: Bank loan (Account #9207413), secured against business assets and receivables (Book Value: 296,064.37); assets securing liability listed as items 101, 1301, 1102, 1101, 801, 802, 803, 804
  • Unsecured creditors $1K · Note: Employee source deductions; account 857851836 RP0001; deemed trust class; Trustee report notes possible additional deemed trust claim from payroll reporting issues, to be paid by Company outside Proposal · Page: 4 · As of: NOI filing date · Basis: List of Creditors / Statement of Affairs (Form 78) as reported · Debtor: JMC Security and Investigations Inc. · Creditor: CRA - GST/HST - Jonquiere (Payroll Source Deductions)
PDF
Creditor Mailing List
  • Province Ontario
  • Secured creditors Note: Listed as a Secured creditor on the Creditor Mailing List; document states only address/contact information, no claim amount or security description. · Page: 1 · Debtor: JMC Security and Investigations Inc. · Creditor: TD Canada Trust C/O FCT Default Solutions
  • Unsecured creditors per Named as Unsecured on Creditor Mailing List; no amount stated
PDF
Creditor's Package
  • Commencement date 24 July 2026
  • Court file no 31-3402806
  • Province Ontario
  • Unsecured creditors $294 · Page: 4 · As of: 2026-07-24 · Basis: List of Creditors with claims of $250 or more, as reported in the Notice of Intention (Form 33) · Debtor: JMC Security and Investigations Inc. · Creditor: 2662867 Ontario Limited
PDF
Certificate for the Notice of Intention to File the Proposal dated
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 24 July 2026
  • Court file no 31-3402806
  • + 1 more extracted fact
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “JMC Security and Investigations Inc.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/jmc-security-and-investigations-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/jmc-security-and-investigations-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.