Little Fish Aquatics Inc.
Follow- Proceeding
- Winding-up (provincial)ss. 313, 325(1) and (3), 326, 330, 334 and 338 of the Business Corporations Act
- File
- S-234825
Little Fish Aquatics Inc. is the subject of insolvency proceedings before the Supreme Court of British Columbia, commenced by an application filed July 7, 2023 on behalf of Grant Thornton Limited, now known as Doane Grant Thornton LLP, and Julie Gagnon, with Grant Thornton acting as Liquidator under sections 42(1)(p), 46(3) and 48(1) of the Business Corporations Act. The Liquidator's First Report recorded a Canada Revenue Agency deemed trust claim of $343,934.29 for unremitted GST plus interest and penalty of $64,161.37, and identified 45 trade creditors owed $305,345.99 in aggregate on the company's accounts payable listing. A further application was filed on June 2, 2025. The Liquidator has been working with the company's bookkeeper and Mr. Sinitsin to determine amounts owed to employees, and completed an estimated realization analysis dated January 11, 2025 after the size of the CRA claim cast doubt on solvency.
12 earlier updates, back to 7 July 2023 — subscribers.
Debtor
Little Fish Aquatics Inc.
Liquidator
Doane Grant Thornton
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| LiquidatorDoane Grant Thornton | Nathanson Schachter & Thompson LLP | 2 Jun 2025 | Application · 2 Jun 2025 |
| CreditorJulie Gagnon | Lang Michener LLP (now McMillan LLP) | 2 Jun 2025 | Application · 2 Jun 2025 |
| CreditorJulie Gagnon Attention | Rosberg Sawatzky LLP | 21 May 2026 | Application · 21 May 2026 |
| CreditorKen Sinitson | Rosberg Sawatzky LLP | 2 Jun 2025 | Application · 2 Jun 2025 |
| CreditorTD Bank | Rosberg Sawatzky LLP | 21 May 2026 | Application · 21 May 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Preferred (BIA s. 136) | Employees (wage claims) · in 185 casesamount to be determined through a formal claims process; likely preferred wage claims under BIA priority but amount not stated — debtor: Little Fish Aquatics Inc. | — | Liquidator's First Report filed June 2 2025 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
2 transactions · 1 approved · 1 closed — The Real Property transaction closedLiquidator's Second Report filed May 21, 2026 · 19 May 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 1046335 B.C. Ltd.the two units · real property · agreement 18 Apr 2025 | Subscribers | Approved | Liquidator's First Report filed June 2 2025 |
| 1046335 B.C. Ltd.the Purchased Property · real property · agreement 13 Apr 2025 | not stated | Closed25 Jun 2025 | Liquidator's Second Report filed May 21, 2026 |
Unsecured creditors: shortfall.EstimatedLiquidator's Second Report filed May 21, 2026 · 13 Mar 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | shortfall | Estimatedper the liquidator | Liquidator's Second Report filed May 21, 2026 · 13 Mar 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.
Cumulative receipts
$1.9M
As at 21 May 2026Liquidator's Second Report filed May 21, 2026
| Date | Document | File |
|---|---|---|
| Affidavit #1 of Peter Reardon sworn May 21, 2026 | PDF · Subscribers | |
| Affidavit #2 of Mark Wentzell sworn May 21, 2026 | PDF · Subscribers | |
Liquidator's Second Report filed May 21, 2026
| PDF · Subscribers | |
Notice of Application filed May 21, 2026
| PDF · Subscribers | |
Order Made After Application (Approval and Vesting Order) dated June 10, 2025
| PDF · Subscribers | |
Order Made After Application (Liquidator) dated June 10, 2025
| PDF · Subscribers | |
Liquidator's First Report filed June 2 2025
| PDF · Subscribers | |
Notice of Application dated June 2, 2025
| PDF · Subscribers | |
Order Made after Application (Liquidator) dated November 18, 2024
| PDF · Subscribers | |
| Affidavit #1 of Daniel Sturgess sworn July 16, 2024 | PDF · Subscribers | |
Petition to Court filed July 7, 2024
| PDF · Subscribers | |
| Affidavit #1 of Kayla Strong sworn June 3, 2024 | PDF · Subscribers | |
| Affidavit #1 of Mark Wentzell sworn June 3, 2024 | PDF · Subscribers | |
| Affidavit #2 of Julie Gagnon sworn May 31, 2024 | PDF · Subscribers | |
| Affidavit #1 of Julie Gagnon sworn July 4, 2023 | 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., “Little Fish Aquatics Inc.” (Winding-up (provincial)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/little-fish-aquatics-inc