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What we verified from this filing48 verified
- commencement date8 January 2026
- provinceONTARIO
- financial positionnote: Deficiency of $4,063,259.34 (liabilities exceed assets). Total liabilities comprise: secured creditors $601,649.30; preferred creditors/priorities $0.00; unsecured creditors $4,063,259.34; contingent/trust claims $1.00. Notice of Bankruptcy states the assignment/filing date as January 8, 2026, while the Statement of Affairs represents the state of affairs as at January 6, 2026. · page: 2 · as at: 2026-01-06 · basis: Statement of Affairs (Form 78) - totals from the list of assets and list of liabilities as stated and estimated by bankrupt/debtor; sworn/solemnly declared by the director on 6 January 2026 · scope: Entity - Greyter Water Systems Inc. (unconsolidated) · currency: CAD · total assets: 601650.3 · total liabilities: 4664909.64
- unsecured creditorsnote: Labelled 'Secured Lender' in the Statement of Affairs but claim shown entirely in the unsecured column with an estimated deficit of $(18,395.30), indicating security valued at nil/subordinated. · page: 4 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 18395.3 · debtor: Greyter Water Systems Inc. · creditor: Bace Holdings Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 14962.61 · debtor: Greyter Water Systems Inc. · creditor: BDO · currency: CAD
- unsecured creditorspage: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 446.81 · debtor: Greyter Water Systems Inc. · creditor: Bolts Plus Inc. · currency: CAD
- unsecured creditorspage: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 859.87 · debtor: Greyter Water Systems Inc. · creditor: Borden Ladner Gervais · currency: CAD
- unsecured creditorspage: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1320 · debtor: Greyter Water Systems Inc. · creditor: Boxstars Warehousing Rockstars · currency: CAD
- unsecured creditorspage: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 15810.51 · debtor: Greyter Water Systems Inc. · creditor: Canadian Water Warehouse · currency: CAD
- unsecured creditorsnote: Owed rent - lease payment · page: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 15802.58 · debtor: Greyter Water Systems Inc. · creditor: 963570 Ontario Limited C/O ABI Holdings (BBS Realty) · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 129.33 · debtor: Greyter Water Systems Inc. · creditor: ADP Canada Co. · currency: CAD
- unsecured creditorsnote: Contingent claim (nominal $1.00 shown in contingent/trust claims column) · page: 4 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Greyter Water Systems Inc. · creditor: Andrea Jane Strath c/o Levy & Associates · currency: CAD
- secured creditorsnote: Aggregates DeLage Landen ($1.00, secured over assets 1104/1105 - lift truck/pallet truck, dated 2025-07-14, page 5) and Toyota Industries Commercial Finance Canada, Inc. (formerly LiftCapital Corporation) ($1.00, secured over asset 1103 - forklift, dated 2025-08-20, page 7). Both shown as nominal $1.00 values, possibly placeholder/notification amounts. · page: 5 · amount: 2 · debtor: Greyter Water Systems Inc. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Purchase-money/equipment security interests in specific serialized equipment
- unsecured creditorspage: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 12144.49 · debtor: Greyter Water Systems Inc. · creditor: Cassels Brock · currency: CAD
- unsecured creditorsnote: Labelled 'Secured Lender' but claim shown entirely in unsecured column with estimated deficit of $(103.87), indicating security valued at nil/subordinated. · page: 5 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 103.87 · debtor: Greyter Water Systems Inc. · creditor: Christian Garcia · currency: CAD
- unsecured creditorspage: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 2197.56 · debtor: Greyter Water Systems Inc. · creditor: Construct Connect · currency: CAD
- unsecured creditorspage: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 2302.36 · debtor: Greyter Water Systems Inc. · creditor: Digi-Key Corporation · currency: CAD
- unsecured creditorspage: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 345.4 · debtor: Greyter Water Systems Inc. · creditor: Capital City Consulting · currency: CAD
- unsecured creditorspage: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 26162.22 · debtor: Greyter Water Systems Inc. · creditor: Doranco Inc. · currency: CAD
- unsecured creditorspage: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 885.92 · debtor: Greyter Water Systems Inc. · creditor: Electric by Trade · currency: CAD
- unsecured creditorsnote: Owed rent · page: 5 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 5955.22 · debtor: Greyter Water Systems Inc. · creditor: DNR Group · currency: CAD
- secured creditorsnote: Claim bifurcated by security valuation: total claim per Statement of Affairs $2,179,281.79, of which $601,646.30 is shown as secured and $1,577,635.49 as an unsecured deficiency (also reported in unsecured_creditors). · page: 6 · as of: 2025-04-15 · amount: 601646.3 · debtor: Greyter Water Systems Inc. · creditor: LEN FW Investor, LLC (Lennar) · currency: CAD · security: Blanket security registered against substantially all assets (asset codes 101,102,1301,1101,1106,1102,501,503,801,1001,502 - cash/deposits, accounts receivable, inventory, machinery & equipment, intangibles, vehicles, trade fixtures)
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 906.63 · debtor: Greyter Water Systems Inc. · creditor: Near North Supply Inc. · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 125.09 · debtor: Greyter Water Systems Inc. · creditor: Fabco Plastics · currency: CAD
- unsecured creditorsnote: Labelled 'Secured Lender' but claim shown entirely in unsecured column with estimated deficit equal to the full claim, indicating security valued at nil/subordinated to LEN FW Investor, LLC's blanket security. · page: 6 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 2179281.79 · debtor: Greyter Water Systems Inc. · creditor: FEI Ventures, LLC (Ferguson) · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1582.9 · debtor: Greyter Water Systems Inc. · creditor: Geosyntec Consultants International Inc · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 2095 · debtor: Greyter Water Systems Inc. · creditor: H&K Services, LLC · currency: CAD
- unsecured creditorsnote: Labelled 'Secured Lender' but claim shown entirely in unsecured column with estimated deficit of $(30,052.93), indicating security valued at nil/subordinated. · page: 6 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 30052.93 · debtor: Greyter Water Systems Inc. · creditor: Hany Fayez · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 582.06 · debtor: Greyter Water Systems Inc. · creditor: Horner APG Canada · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 2086.66 · debtor: Greyter Water Systems Inc. · creditor: Icon Sheet Metal inc. · currency: CAD
- unsecured creditorsnote: Unsecured deficiency portion of a bifurcated claim; total claim $2,179,281.79, of which $601,646.30 reported as secured (see secured_creditors) against assets 101,102,1301,1101,1106,1102,501,503,801,1001,502. · page: 6 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1577635.49 · debtor: Greyter Water Systems Inc. · creditor: LEN FW Investor, LLC (Lennar) · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 2476.37 · debtor: Greyter Water Systems Inc. · creditor: Local Moving · currency: CAD
- unsecured creditorspage: 6 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 839.51 · debtor: Greyter Water Systems Inc. · creditor: McMaster-Carr Supply Company · currency: CAD
- secured creditorsnote: Nominal $1.00 amount shown in Statement of Affairs; appears to be a placeholder/notification value rather than a confirmed outstanding balance. · page: 7 · as of: 2023-06-02 · amount: 1 · debtor: Greyter Water Systems Inc. · creditor: The Bank of Nova Scotia · currency: CAD · security: Registered security over asset code 102 (deposits in financial institutions - investment savings account)
- unsecured creditorspage: 7 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 221.3 · debtor: Greyter Water Systems Inc. · creditor: Purolator Inc. · currency: CAD
- unsecured creditorsnote: Labelled 'Secured Lender' but claim shown entirely in unsecured column with estimated deficit of $(30,052.93), indicating security valued at nil/subordinated. · page: 7 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 30052.93 · debtor: Greyter Water Systems Inc. · creditor: Rosette Fayez · currency: CAD
- unsecured creditorsnote: Labelled 'Secured Lender' but claim shown entirely in unsecured column with estimated deficit of $(9,854.53), indicating security valued at nil/subordinated. · page: 7 · as of: 2025-04-15 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 9854.53 · debtor: Greyter Water Systems Inc. · creditor: Scott Pundsack · currency: CAD
- unsecured creditorspage: 7 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 0.07 · debtor: Greyter Water Systems Inc. · creditor: Tell-A-Phone Guy · currency: CAD
- unsecured creditorspage: 7 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 186.45 · debtor: Greyter Water Systems Inc. · creditor: Troon Technologies · currency: CAD
- unsecured creditorsnote: Aggregate customer-related liability; no individual customers named · page: 7 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 94146.38 · debtor: Greyter Water Systems Inc. · creditor: Non-commissioned customers · currency: CAD
- unsecured creditorspage: 7 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 5921.45 · debtor: Greyter Water Systems Inc. · creditor: Neruonic Works Inc. · currency: CAD
- unsecured creditorspage: 7 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1072.03 · debtor: Greyter Water Systems Inc. · creditor: Nedco-Div of Rextel · currency: CAD
- unsecured creditorsnote: Shareholder loans - related party; nominal $1.00 value shown. · page: 8 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Greyter Water Systems Inc. · creditor: Various Shareholders · currency: CAD
- unsecured creditorspage: 8 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 900.88 · debtor: Greyter Water Systems Inc. · creditor: Winona Concrete & Pipe Products Ltd. · currency: CAD
- unsecured creditorspage: 8 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 4903.19 · debtor: Greyter Water Systems Inc. · creditor: Wolseley Canada Inc. · currency: CAD
- unsecured creditorspage: 8 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 87.45 · debtor: Greyter Water Systems Inc. · creditor: UPS Canada · currency: CAD
- unsecured creditorsnote: Document notes creditor as '(USD)'; amount reported here is the figure stated in the Statement of Affairs. · page: 8 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 422.2 · debtor: Greyter Water Systems Inc. · creditor: Urtech Manufacturing Inc. · currency: CAD
- unsecured creditorsnote: Severance pay claim; nominal $1.00 value, no priority claimed (preferred column shows $0.00). · page: 8 · basis: Statement of Affairs (Form 78) - List of Liabilities as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Greyter Water Systems Inc. · creditor: Various Employees · currency: CAD