Quality Pipefitting Systems Inc.
- Proceeding
- NOIsection 62 of the Bankruptcy and Insolvency Act
- File
- 32-3397915
- Industry
- Construction · Specialty trade contractors
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.
Guide
Division 1 proposal: how it works for a business in Canada
When a Canadian business can't pay its debts, a Division 1 proposal lets it keep operating while it offers creditors a deal. How the notice of intention, the six-month clock, the vote and court approval work, what CRA must be paid, and what happens when it fails, drawn from the court record.
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 |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Ontario (Employee source deductions) · in 259 casesas of 2026-07-14 (date of proposal) — Deemed trust class (employee source deductions) — debtor: Quality Pipefitting Systems Inc | $147K | Creditor Package |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
11 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansCRA: paid in full.Under the planReport to Creditors on Proposal · 19 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in fullvs. in a bankruptcy | 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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| 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 4 November 2026, https://proceedings.ca/case/quality-pipefitting-systems-inc