Quality Pipefitting Systems Inc.
Follow- Proceeding
- NOIsection 62 of the Bankruptcy and Insolvency Act
- File
- 32-3397915
Quality Pipefitting Systems Inc. filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on July 14, 2026, under estate number 32-3397915 in Ontario, with Dodick Landau Inc. acting as Licensed Insolvency Trustee. The proceeding is active. The company's Statement of Affairs, as at July 14, 2026 and sworn by Robert D'Angela on August 13, 2026, reports total assets of $226,001.00 against total liabilities of $951,759.81, a stated deficiency of $725,758.81. The largest reported unsecured claims are Next Supply Inc at $320,056.92, Canada Revenue Agency accounts payable at $317,020.18, CRA employee source deductions of $146,887.29 claimed as a deemed trust, and Patrick Murray at $100,000.00. Secured claims total $500.00 to Scotiabank c/o Canaccede International Management Ltd. against deposits, and $1.00 to Ford Credit Canada Limited against a 2025 Ford T250.
Notice of intention to make a proposal filed under subsection 50.4(1), naming Dodick Landau Inc. as Licensed Insolvency Trustee and commencing the Ontario proceeding.
Filing brief
Quality Pipefitting: source deductions first, then $165,000 over 18 quarters
A Mississauga company that plumbs car washes, with $951,759.81 in debts — $464,157.47 of it owed to the Canada Revenue Agency — proposes to pay its unremitted source deductions within six months and then $165,000 to its unsecured creditors over 18 quarters, a recovery its trustee estimates at approximately 17% against 7% in a bankruptcy.
Debtor
Quality Pipefitting Systems Inc.
Proposal trustee
Dodick Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Scotiabank c/o Canaccede International Management Ltd. · in 39 casesas of 2026-07-14 (date of proposal) — Deposits in financial institutions (asset code 101) — Listed as two separate lines of $250.00 secured each (total $500.00), secured against deposits/cash on hand — debtor: Quality Pipefitting Systems Inc | $500 | Creditor Package |
CRA: paid in full.Under the planReport to Creditors on Proposal · 19 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in full | Under the planper the proposal trustee | Report to Creditors on Proposal · 19 Aug 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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Creditor Package
| PDF · Subscribers | |
Report to Creditors on Proposal
| PDF · Subscribers | |
Certificate of Filing of a Notice of Intention
| 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., “Quality Pipefitting Systems Inc.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/quality-pipefitting-systems-inc