14104072 Canada Inc. et al., Popeyes franchisees (Bankruptcy)

14104072 Canada Inc. and related Popeyes franchisee companies are in bankruptcy under the BIA before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), court file BK-26-00208907-OT31, with MNP Ltd. as trustee on the application of National Bank of Canada, formerly Canadian Western Bank. The statement of affairs for 14111168 Canada Inc., declared remotely by Khalid Syed on 16 September 2026, reports assets of $1.00 in cash against liabilities of $1,464,015.04, of which $1,464,014.04 is unsecured; the stated causes are a lack of working capital or funding and the issuance of a bankruptcy order. National Bank of Canada is listed with a total claim of $1,187,458.20, CRA with GST/HST claims of $137,982.65 and $45,033.39, and the Popeyes franchisor with $18,539.80. The trustee has stated that a distribution to creditors is unlikely.