RMB Canada Inc. is bankrupt, the bankruptcy commencing on 30 September 2009 (file 32-1269062) in Ontario, with The Fuller Landau Group Inc. as trustee. Its statement of affairs reports total assets of $6,801.51 against total liabilities of $899,032.66 and a deficiency of $892,230.85, with no secured or preferred creditors. By far the largest unsecured claim is that of RMB USA, Inc. at $899,025.66.
A claims procedure has been established — see the order for deadlines.
The officer filed a report. RMB Canada ceased operating after sustained financial losses and its US parent's refusal to continue funding, leading to an assignment into bankruptcy; the Trustee holds no operating business or fixed assets, focusing only on collecting receivables and pursuing realization of shares held in RMB International.
Source: RMB Canada Inc. - Report to First Meeting of Creditors.pdf
1 earlier update, back to 30 September 2009 — subscribers.
1 filings carry no date on their face — subscribers.
Debtor
RMB Canada Inc.
Trustee in bankruptcy
Fuller Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | RMB USA, Inc.Largest listed unsecured claim — debtor: RMB Canada, Inc. · as of 30 Sep 2009 | $899K | RMB Canada Inc.- Statement of Affairs.pdf |
Unsecured creditors: not yet estimated.EstimatedRMB Canada Inc. - Report to First Meeting of Creditors.pdf · 21 Oct 2009
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | Estimatedper the trustee | RMB Canada Inc. - Report to First Meeting of Creditors.pdf · 21 Oct 2009 |
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 |
|---|---|---|
RMB Canada Inc. - Report to First Meeting of Creditors.pdf
| PDF · Subscribers | |
| RMB Canada Inc. - Notice to Creditors.pdf | PDF · Subscribers | |
RMB Canada Inc. - Certificate of Appointment.pdf
| PDF · Subscribers | |
RMB Canada Inc.- Statement of Affairs.pdf
| PDF · Subscribers | |
| RMB Canada Inc. - Proof of Claim.pdf | 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., “RMB Canada Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/rmb-canada-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/rmb-canada-inc
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.