Bankruptcy
section 245 and 246 report
Notice of receiver (s. 245 / Form 87) · 10 December 2025
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What we verified from this filing14 verified
- appointeeThe Fuller Landau Group Inc.
- appointee rolereceiver
- commencement date9 December 2025
- secured creditorsnote: Stated as a floor: 'The Debtor owes BDC over $506,000 prior to the appointment of the Receiver.' No security opinion/review completed by Receiver's counsel as of date of notice. Receiver expects BDC will suffer a shortfall. · page: 1 · as of: appointment of the Receiver (December 9, 2025) · amount: 506000 · debtor: Unica Steel Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: General Security Agreement providing security interests in all assets of the Company, registered August 28, 2023
- statutory basissubsection 245(1) and 246(1) of the Act
- unsecured creditorspage: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · amount: 394370 · debtor: Unica Steel Inc. · creditor: Canam Group Inc. · currency: CAD
- unsecured creditorsnote: Amount listed as 'Unknown' · page: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · debtor: Unica Steel Inc. · creditor: Pre-Eng Contracting Ltd. · currency: CAD
- unsecured creditorsnote: Amount listed as 'Unknown' · page: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · debtor: Unica Steel Inc. · creditor: TDSB · currency: CAD
- unsecured creditorsnote: Amount listed as 'Unknown' · page: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · debtor: Unica Steel Inc. · creditor: Gonan Steel Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · amount: 103529 · debtor: Unica Steel Inc. · creditor: Russel Metals Inc. · currency: CAD
- unsecured creditorsnote: Receiver states only limited creditor information provided by principal of Debtor; full books and records not provided. · page: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · amount: 1076611.55 · debtor: Unica Steel Inc. · creditor: 100 Burland Crescent Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · amount: 11525.31 · debtor: Unica Steel Inc. · creditor: Elite Crane Rental Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · amount: 22600 · debtor: Unica Steel Inc. · creditor: Vulcraft Canada Inc. · currency: CAD
- unsecured creditorspage: 3 · as of: 2025-12-09 · basis: Other creditors list (Appendix A) as reported by Receiver · amount: 4149.01 · debtor: Unica Steel Inc. · creditor: Amcan Jumax Inc. · currency: CAD