February 17, 2023

Filing Type:

Trustee: BDO



2549032 Ontario Inc., a Brampton, Ontario-based company which operated as a Hand and Stone Massage and Facial Spa providing RMT massage and esthetics services, filed an assignment in bankruptcy on February 17. Due to the difficulty of finding and retaining experienced staff, increased wage demands and the strain of several mandated lockdowns due to the COVID-19 pandemic, the company found itself unable to rebuild and meet its liabilities as they became due. Liabilities are listed at approximately $456,000. BDO is the Bankruptcy Trustee.

By Dina Milivojevic