Taylor Steel and Stainless Inc.
Follow- Proceeding
- Insolvency proceeding (type unspecified)Subsection 102(1) of the Act
- File
- 505-11-015162-188
Taylor Steel and Stainless Inc. is in insolvency proceedings before the Superior Court of Québec (court file 505-11-015162-188), with MNP Ltd. appointed trustee. A Statement of Affairs sworn April 9, 2018 by Andrew Taylor reported total assets of $4,000 — two motor vehicles — against total liabilities of $227,396.06, a deficit of $223,396.06. The liabilities include $143,741 in deemed trust claims for source deductions, split between the Agence du revenu du Québec ($103,741) and the Canada Revenue Agency ($40,000), plus secured claims of $10,000 from CNESST du Québec and $12,000 from Thinking Capital Financial Corporation, both secured against the same two vehicles.
Debtor
Taylor Steel and Stainless Inc.
Court officer
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Thinking Capital Financial Corporation · in 19 casesVéhicules motorisés - 2004 Bixte (12ET, VIN 16VEX202342320684) and 2001 Ford F350 (VIN 1FTSW31F41EC67934); security valued at $2,000.00 each (total $4,000.00) as of 10-mars-2017 — Unsecured balance of claim of $8,000.00 also listed in Liste A (unsecured creditors) — debtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $12K | Notice of bankruptcy and first meeting of creditors |
| 4 | Secured | CNESST du Québec (formerly CSST) - Île-de-Montréal · in 75 casesVéhicules motorisés - 2004 Bixte (12ET, VIN 16VEX202342320684) and 2001 Ford F350 (VIN 1FTSW31F41EC67934); security valued at $0.00 as of 22-Feb-2018 — Unsecured balance of claim of $10,000.00 also listed in Liste A (unsecured creditors); security valued at nil — debtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $10K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Agence du revenu du Québec (DAS - Déductions à la source) · in 272 casesDeemed trust claim (source deductions/déductions à la source) — debtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $104K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | ARC - Taxe - Québec (Déductions à la source) · in 168 casesDeemed trust claim (source deductions/déductions à la source) — debtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $40K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Agence du revenu du Québec (TVQ) · in 272 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $20.8K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Technologie Supérieur des Alliages · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $10.6K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | CNESST du Québec (formerly CSST) - Île-de-Montréal · in 75 casesThis is the unsecured balance ($10,000 non-garanti of $10,000 total claim) of a secured claim also listed in Liste B; regulatory body (CNESST) unsecured portion — debtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $10K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Agence du revenu du Québec (TPS) · in 272 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $9.98K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Thinking Capital Financial Corporation · in 19 casesThis is the unsecured balance ($8,000 non-garanti of $12,000 total claim) of a secured claim also listed in Liste B — debtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $8K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Oxygene Rive Sud · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $4.11K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Alumico · in 3 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $3.41K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Plimétal · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1.86K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Peinture ALRO Ltee · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1.86K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Montreal Anodize Systems · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1.84K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Casa Bois · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1.74K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Plan Image · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1.61K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Dufresne Standard · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1.32K | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Cometal · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $970 | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Gaz Métro · in 9 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $899 | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Empire Buff · in 3 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $481 | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | Plastic Forget · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $115 | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | ML Soudure · in 2 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $108 | Notice of bankruptcy and first meeting of creditors |
| 8 | Unsecured | ARC - Taxe - Québec · in 168 casesdebtor: Taylor Steel and Stainless Inc. · as of 10 Apr 2018 | $1 | Notice of bankruptcy and first meeting of creditors |
Closed · the record states no distribution outcome.
As at 9 Apr 2018 · per Statement of Affairs (Bilan), as declared and estimated by the bankrupt officer (Andrew Taylor), sworn 2018-04-09 · Taylor Steel and Stainless Inc. (single entity, entreprise faillite) — Deficit of $223,396.06 stated. Liabilities include: unsecured creditors total $79,655.06 (of which $18,000.00 is unsecured balance of secured claims per Liste B), secured creditors $4,000.00 (secured portion per Liste B), preferred creditors $0.00, and contingent/trust/other claims $143,741.00 (Liste D deemed trust claims). Assets consist solely of two vehicles totaling $4,000.00.
| Date | Document | File |
|---|---|---|
Notice of bankruptcy and first meeting of creditors
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Taylor Steel and Stainless Inc.” (Insolvency proceeding (type unspecified)), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/taylor-steel-and-stainless-inc