Why Wait Taxi and Delivery Ltd
Follow- Proceeding
- BankruptcySection 67(b), of the Bankruptcy and Insolvency Act
- File
- 35-3032855
Why Wait Taxi and Delivery Ltd became bankrupt on January 19, 2024 at 14:51, with MNP Ltd. acting as trustee of the Ontario estate under court file no. 35-3032855, on a statutory basis of section 67(b) of the Bankruptcy and Insolvency Act. The Statement of Affairs reports unsecured creditors totalling $727,881, against which proofs of claim filed to date total $5,876. Canadian Western Bank and Drive Leasing Corporation each held specific security registrations against vehicles; those vehicles were returned to the secured creditors, and neither has filed a proof of claim. The proceeding remains active.
Trustee's report fixed the bankruptcy at January 19, 2024, 14:51, recorded the return of vehicles to the two secured creditors, and set out unsecured claims of $727,881.
Source: Certificate of Appointment
Court officer report filed on the commencement date, recording that Why Wait made an assignment on January 19, 2024 and opening the Ontario proceeding under file 35-3032855.
Source: Preliminary Report of Trustee
Debtor
Why Wait Taxi and Delivery Ltd
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian Western Bank · in 80 casesspecific security registrations against vehicles — Vehicles were returned to secured creditor; no proof of claim filed — debtor: Why Wait Taxi and Delivery Ltd. | — | Preliminary Report of Trustee |
| 4 | Secured | Drive Leasing Corporationspecific security registrations against vehicles — Vehicles were returned to secured creditor; no proof of claim filed — debtor: Why Wait Taxi and Delivery Ltd. | — | Preliminary Report of Trustee |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs — Document names no individual unsecured creditors; proofs of claim filed to date total $5,876 — debtor: Why Wait Taxi and Delivery Ltd. | $728K | Preliminary Report of Trustee |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
As at 19 Jan 2024 · per Statement of Affairs (Business Bankruptcy) - as stated and estimated by the officer · entity - Why Wait Taxi and Delivery Ltd. — Total assets reported as 0.00; deficiency equals total liabilities of 727,881.10; all individual asset categories (inventory, receivables, cash, equipment, real property, vehicles, etc.) listed as 0.00.
| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| ||
Certificate of Appointment
| ||
Creditors Package
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Why Wait Taxi and Delivery Ltd” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/why-wait-taxi-and-delivery-ltd