May 27, 2021

Filing Type:

Trustee: Farber



2104678 Ontario Inc. (aka Yorkdale Hardwood Flooring Centre), a Toronto, Ontario-based wholesaler and retailer of flooring and hardware supplies, filed for bankruptcy on May 27, listing approximately $531.8 thousand in liabilities and $177 thousand in assets. The company attributes its insolvency to two main factors: (1) a reduced customer base during the COVID-19 pandemic, resulting in an inability to pay vendors; and (2) uncertainty of being able to extend its lease past the expiry on June 2021 given that the building is up for sale. Farber is the bankruptcy trustee.