Toys, Toys, Toys Inc.

Active

Proceeding: BankruptcySubsection 102(1) of the Act
File: 31-2655720

Filings held2

Last activity3 Jul 2020

On the record2,271 days

OverviewSummary updated 13 August 2026

Toys, Toys, Toys Inc. filed a Statement of Affairs (Form 78) as at July 3, 2020, reporting total assets of $852,000.00 against total liabilities of $1,503,155.11, a deficiency of $651,155.11. Preferred and contingent liabilities were both reported at nil. Secured claims cover multiple vehicle financings from Toyota Credit Canada, Honda Canada Finance, Mercedes-Benz Financial Services Canada, and Fairstone Financial, alongside a $600,000.00 claim from related party Toys, Toys, Toys Investco Inc. secured against stock in trade and trade fixtures, leaving a $40,000.00 deficiency also listed as an unsecured claim. Unsecured creditors named in the filing include landlord The Cadillac Fairview Corporation Limited on two properties and trade suppliers such as Hasbro Canada Corporation, Ontrea Inc., and Lego Canada Inc.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

FormProof of Claim Form

Proceedings AIAsk this case — answers cite the filings

Ask in plain language. The answer comes only from this case’s filings, each one cited.

Enter to send · Shift+Enter for a new line

Case updates2 dated entries

3 Jul 2020

#Claims

A claims procedure was approved.

Source: Notice to Creditors

3 Jul 2020

#Claims

A claims procedure was approved. Court file 31-2655720.

Source: Proof of Claim Form

Parties

Debtor

Toys, Toys, Toys Inc.

Trustee in bankruptcy

Schwartz Levitsky Feldman Inc.

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Toys, Toys, Toys Investco Inc.Business Assets - Stock in Trade (estimated value $550,000.00) and Business Assets - Trade Fixtures (estimated value $10,000.00); combined security value $560,000.00 leaving a balance of claim (deficiency) of $40,000.00 — Related party - creditor name closely matches debtor name (likely affiliate/parent); deficiency of $40,000.00 also reported as an unsecured claim (see List A) — debtor: TOYS, TOYS, TOYS.INC. · as of 3 Jul 2020	$600K	Notice to Creditors

36 more claims across lower-ranking classesSubscribe to view⁠

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents2 filings

Date	Document	File
3 Jul 2020	Notice to Creditors Appointee Alan Page Appointee role trustee Commencement date 3 July 2020 Court file no 31-2655720 + 6 more extracted facts	PDF · Subscribers

—	Proof of Claim Form Appointee Schwartz Levitsky Feldman Inc. Appointee role Licensed Insolvency Trustee Commencement date 3 July 2020 Court file no 31-2655720 + 1 more extracted fact	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., “Toys, Toys, Toys Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/toys-toys-toys-inc