Ontario · Bankruptcy
Innovative Fitness Bloor Inc. - Notice of Bankruptcy Creditors Package
Notice to creditors · 17 February 2026
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What we verified from this filing22 verified
- appointeeThe Fuller Landau Group Inc.
- appointee roletrustee
- commencement date11 February 2026
- court file no31-3332138
- provinceOntario
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Deficiency of $1,432,003.00 reported; secured creditors $1.00, preferred/priority creditors $0.00, unsecured creditors $1,432,003.00, contingent/trust/other liabilities $0.00. · page: 3 · as at: 2026-02-11 · basis: Statement of Affairs (Form 78) - totals from the list of assets and liabilities as stated and estimated by bankrupt/debtor · scope: Entity - Innovative Fitness Bloor Inc. (bankrupt corporation) · currency: CAD · total assets: 1 · total liabilities: 1432004
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 14000 · debtor: Innovative Fitness Bloor Inc. · creditor: Quench · currency: CAD
- unsecured creditorsnote: Sales taxes · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Innovative Fitness Bloor Inc. · creditor: Minister of Finance (Ontario Ministry of Finance) · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 3000 · debtor: Innovative Fitness Bloor Inc. · creditor: Melrose · currency: CAD
- unsecured creditorsnote: Owed rent · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 770000 · debtor: Innovative Fitness Bloor Inc. · creditor: Epic Realty · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 200 · debtor: Innovative Fitness Bloor Inc. · creditor: Culligan Water · currency: CAD
- unsecured creditorsnote: Sales taxes; listed with $0.00 in preferred/priorities column, not claimed as preferred/deemed trust in this document · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Innovative Fitness Bloor Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 200 · debtor: Innovative Fitness Bloor Inc. · creditor: Avaton · currency: CAD
- secured creditorsnote: Total claim $185,000.00 (debt incurred 05-Jan-2024); of which only $1.00 is secured per Statement of Affairs, with $184,999.00 shown as the unsecured deficiency from security (estimated surplus/(deficit) from security: -$184,999.00). · page: 6 · as of: 2026-02-11 · amount: 1 · debtor: Innovative Fitness Bloor Inc. · creditor: Xpedite Leasing/Prime Capital · currency: CAD · security: Asset No. 1101 - Machinery, equipment and plant (Gym Equipment & Leasehold Improvements)
- unsecured creditorsnote: Unsecured portion of a total claim of $185,000.00 (debt incurred 05-Jan-2024); balance of $1.00 reported as secured against asset 1101; also see secured_creditors entry. · page: 6 · as of: 2024-01-05 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 184999 · debtor: Innovative Fitness Bloor Inc. · creditor: Xpedite Leasing/Prime Capital · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 400 · debtor: Innovative Fitness Bloor Inc. · creditor: Wellness Living · currency: CAD
- unsecured creditorsnote: Owed wages; listed with $0.00 in preferred/priorities column, not claimed as preferred in this document; no individual names given · page: 6 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Innovative Fitness Bloor Inc. · creditor: Various employees · currency: CAD
- unsecured creditorsnote: Membership fees owed to customers; no individual names given · page: 6 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Innovative Fitness Bloor Inc. · creditor: Various customers · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 200 · debtor: Innovative Fitness Bloor Inc. · creditor: Unveiled Gateway Fees · currency: CAD
- unsecured creditorsnote: Bank loans (except real property mortgage), debt given/incurred 29-Apr-2024; listed entirely as unsecured ($0.00 in secured column) though an estimated deficit from security of -$456,000.00 is shown, suggesting a bifurcated/undervalued security claim treated as wholly unsecured. · page: 6 · as of: 2024-04-29 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 456000 · debtor: Innovative Fitness Bloor Inc. · creditor: Royal Bank of Canada · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · as of: 2026-02-11 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 3000 · debtor: Innovative Fitness Bloor Inc. · creditor: Rogers Communications Canada Inc. · currency: CAD