Marche Restaurants Canada Ltd. is in bankruptcy under the BIA in Ontario, with BDO Canada Limited as trustee, under court file no. 31-2638923. The company assigned itself into bankruptcy on May 15, 2020, and the proceeding dates from May 18, 2020. Its statement of affairs, prepared as at May 15, 2020, shows total assets of $249,603.00 against total liabilities of $3,926,213.15, leaving a deficiency of $3,676,610.15. Secured claims per List B total $249,603.00, with no preferred or contingent liabilities reported. Related party Marche International AG of Switzerland is the largest secured creditor, claiming $1,754,000.00 with a balance of $1,523,293.00 after security valued at $230,707.00. Employees claim $1,381,104.00 in total, and the LCBO and The Beer Store are each listed at $143,174.60. The estate remains active.
The officer filed report no. Preliminary Report of the Trustee. Marché permanently ceased all restaurant operations in March 2020 due to Covid-19, which led to a failed NOI and deemed bankruptcy; the Trustee has since been vacating the leased premises, disposing of inventory, and winding down the estate with no ongoing business operations.
Source: Trustee's Preliminary Report
Marche Restaurants Canada Ltd. made an assignment in bankruptcy, with BDO Canada Limited as trustee; its statement of affairs was drawn as at this date.
Source: Statement of Affairs
1 earlier update, back to 18 May 2020 — subscribers.
Debtor
Marche Restaurants Canada Ltd.
Trustee in bankruptcy
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Marché International AGTaxes - GST/HST - 2020; Business Assets - Stock in Trade - Alcohol & Liquor — Claim of $1,754,000.00 with balance of claim (after estimated security value of $230,707.00) of $1,523,293.00; related party (parent/affiliate, Switzerland) — debtor: Marché Restaurants Canada Ltd. · as of 15 May 2020 | $1.52M | Statement of Affairs |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$117K
As at 8 Jun 2020Trustee's Preliminary Report
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| PDF · Subscribers | |
Statement of Affairs
| PDF · Subscribers | |
| NOI Creditors Package | PDF · Subscribers | |
NOI Employee's Package
| 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., “Marche Restaurants Canada Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/marche-restaurants-canada-ltd
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/marche-restaurants-canada-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.