Staffy Canada Inc.
- Proceeding
- ProposalSection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- 31-3112021
Staffy Canada Inc. is subject to a bankruptcy proceeding before the Ontario Superior Court of Justice, court file BK-24-3112021-0031, commenced August 20, 2024. A List "A" of unsecured creditors reported as of August 1, 2024 identifies the Canada Revenue Agency's Prairies tax office as a deemed trust class creditor owed $5,369,795.54, along with Blake, Cassels & Graydon LLP owed $141,347.15, the Ontario Centre of Innovation owed $28,702.00, and MNP Ltd. owed $8,898.75. The matter remains active.
The officer filed report no. Second Report. The Company continues operating in the ordinary course of business, relying on operating cash flow and a new/expanding credit facility, and is pursuing additional financing options to fund the Proposal payments.
An application was filed commencing the bankruptcy proceeding against Staffy Canada Inc.
Source: Motion Record
Certificate of Filing of a Notice of Intention to Make a Proposal — NOI certificate of filing
Debtor
Staffy Canada Inc.
Proposal trustee
B. Riley Farber
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Steele | Ontario Superior Court of Justice | 2 orders, Jun 2025 | 245 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Aug 2024 | 198 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeB. Riley Farber Inc | Blaney McMurtry LLP | 18 Jun 2025 | Order · 18 Jun 2025 |
| DebtorStaffy Canada Inc. | WeirFoulds LLP | 20 Aug 2024 | Application · 20 Aug 2024 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | CRA - Tax - Prairies · in 87 casesDeemed trust class (CRA tax debt) — debtor: Staffy Canada Inc. · as of 1 Aug 2024 | $5.37M | Creditors Package (NOI) |
| Unsecured | |||
| Unsecured | |||
| Unsecured |
3 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale process approved — Staffy is seeking strategic partners for debt refinancing or equity investment through a court-approved RISPTeaser · 1 Aug 2024
Unsecured creditors: a distribution. CRA paid in full.Under the plan · sanctionedOrder of Justice Steele (Approval Order) · 18 Jun 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in full | Under the plansanctionedper the proposal trustee | Trustee’s First Report to Creditors · 6 Dec 2024 |
| Preferred | Preferred Claims (other than Employee Preferred Claims) | — | paid in full | Under the plansanctionedper the court | Order of Justice Steele (Approval Order) · 18 Jun 2025 |
| Unsecured | Proven Unsecured Claims (Class 1) | — | a distributionconditional | Under the plansanctionedper the court | Order of Justice Steele (Approval Order) · 18 Jun 2025 |
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.
As at ·
Cash on hand
$317K
As at 28 Feb 2025Trustee’s Second Report to Creditors
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 |
|---|---|---|
Endorsement of Justice Steele
| PDF · Subscribers | |
Order of Justice Steele (Approval Order)
| PDF · Subscribers | |
Revised Proposal
| PDF · Subscribers | |
Trustee’s Second Report to Creditors
| PDF · Subscribers | |
Creditors Package (Proposal)
| PDF · Subscribers | |
Trustee’s First Report to Creditors
| PDF · Subscribers | |
| Certificate of Filing of a Division I Proposal | PDF · Subscribers | |
| Second Report of the Proposal Trustee | PDF · Subscribers | |
Endorsement of Justice W. D. Black
| PDF · Subscribers | |
Order of Justice W. D. Black
| PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
Motion Record
| PDF · Subscribers | |
Creditors Package (NOI)
| PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to Make a Proposal | PDF · Subscribers | |
Teaser
| 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., “Staffy Canada Inc.” (Proposal), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/staffy-canada-inc