Jubilee Jewellers Inc

Proceeding: Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File: 33-2326129
Industry: Retail · Apparel, footwear & jewellery retail

Filings held2

Last activity15 Dec 2017

On the record3,247 days

OverviewSummary updated 19 August 2026

Jubilee Jewellers Inc., an Ontario jeweller, has been bankrupt since December 15, 2017, with MNP LTD. acting as trustee under subsection 102(1) of the Act in estate no. 33-2326129. The Statement of Affairs, sworn as at December 14, 2017, puts assets at $710,001.00 against liabilities of $9,286,410.95, leaving a deficiency of $8,576,409.95 and no surplus. Royal Bank of Canada claims $2,218,020.00 secured on retail store inventory valued at $700,000.00 and showcases valued at $10,000.00, leaving an unsecured balance of $1,508,020.00. The largest ordinary claims are Pandora Group at $1,230,570.46, Viking Rideau Corporation at $734,843.19 and a group of private investors at $658,029.25. The estate remains active.

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Case updates2 dated entries

15 Dec 2017

#Order

Certificate of Appointment was filed. Court file 33-2326129.

Source: Certificate of Appointment

15 Dec 2017

#Claims

Creditor Mailing Package - Notice of Bankruptcy — Notice to creditors

PDF · Subscribers

Parties

Debtor

Jubilee Jewellers Inc

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings

stated amounts, drawn to scale · for subscribers

#	Priority class	Creditor	Amount	Source
4	Secured	Royal Bank of Canada · in 584 casesBusiness Assets - Stock In Trade - Retail Store Inventory (estimated value $700,000.00); Business Assets - Trade Fixtures - Showcases (estimated value $10,000.00) — Balance of claim after security value deducted: $1,508,020.00 — debtor: Jubilee Jewellers Inc. · as of 14 Dec 2017	$2.22M	Creditor Mailing Package - Notice of Bankruptcy
4	Secured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured
8	Unsecured

134 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived

Total assets at filing

Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents2 filings

Date	Document	File
15 Dec 2017	Certificate of Appointment Appointee MNP LTD / MNP LTÉE Appointee role trustee Commencement date 15 December 2017 Court file no 33-2326129 + 1 more extracted fact	PDF · Subscribers

15 Dec 2017	Creditor Mailing Package - Notice of Bankruptcy Appointee MNP LTD. Appointee role trustee Commencement date 15 December 2017 Court file no 33-2326129 + 5 more extracted facts	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., “Jubilee Jewellers Inc” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/jubilee-jewellers-inc-bkr