Proceedings.

John G. Hofland Ltd.

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Proceeding
Receivership (court-appointed)Section 49 of the Act; Rule 85
File
32-3391406
Filings held4
Last activity30 Jun 2026
On the record87 days
Secured debtSubscribers
OverviewSummary updated

John G. Hofland Ltd., an Ontario floral wholesaler, is in a court-appointed receivership under BIA s. 243 dating from June 26, 2026, when the company made an assignment for the general benefit of creditors. The receiver has taken possession of the debtor's assets and reports total assets of $4,004,000 as at June 29, 2026 on a net book value basis per the company's books and records, noting that actual realizations will likely be lower. G&J 1989 Investments Inc. is the appointing secured creditor, claiming $1,400,000 under a general security agreement dated July 22, 2024. As at June 30, 2026 the receiver's creditor lists show secured claims of $1,406,324.46 and unsecured and trade claims of $3,708,117.32, reported separately with no aggregate liabilities figure. Koen Pack Canada, at $367,638.58, is the largest trade claim.

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Case updates4 dated entries
#Report

Records the company's assignment for the general benefit of creditors made June 26, 2026, the date fixed as commencement of the proceeding.

Source: Trustee Preliminary Report

1 earlier update, back to 26 June 2026 subscribers.

Parties

Debtor

John G. Hofland Ltd.

Receiver

GlassRatner

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredG&J 1989 Investments Inc.General Security Agreement dated July 22, 2024 — Appointing/enforcing secured creditor under the GSA; consistent figure on Notice (page 2) and List of Creditors (page 3). — debtor: John G. Hofland Ltd. · as of 30 Jun 2026$1.4MNotice and Statement of the Receiver

252 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Preferred creditors: not yet estimated. G & J 1989 Investments Inc. not yet estimated.Trustee Preliminary Report · 15 Jul 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredG & J 1989 Investments Inc.not yet estimatedper the trusteeTrustee Preliminary Report · 15 Jul 2026
Preferredpreferred or unsecured creditorsnot yet estimatedper the trusteeTrustee Preliminary Report · 15 Jul 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

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

Documents4 filings
DateDocumentFile
Trustee Preliminary Report
  • Appointee GlassRatner Restructuring Inc.
  • Appointee role Licensed Trustee of the bankruptcy estate
  • Commencement date 26 June 2026
  • Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice and Statement of the Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice to Creditors
PDF · Subscribers
Certificate of Appointment
  • Appointee GLASSRATNER RESTRUCTURING INC.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 26 June 2026
  • Court file no 32-3391406
  • + 1 more extracted fact
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., “John G. Hofland Ltd.” (Receivership (court-appointed)). Retrieved 21 September 2026, https://proceedings.ca/case/john-g-hofland-ltd

Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/john-g-hofland-ltd

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.