Ventura Distribution files assignment in bankruptcy

The Montréal company reports $3 million in liabilities; Blue Book declined to list it in September 2025.

9029-7086 Québec Inc., established in 1996, operating as Ventura Distribution and M.F.L., filed an assignment in bankruptcy on August 4, 2026, according to a notice from licensed insolvency trustee Arthur Blumer & Associés Inc.

The case falls under Canada’s Bankruptcy and Insolvency Act and is filed in Montréal under estate number 41-3406553 and court number 500-11-067599-262.

Nearly a year earlier, in September 2025, Blue Book Services declined to list Ventura Distribution because it did not meet Blue Book’s onboarding and verification criteria.

The asset total needs context. The company listed 17 vehicles and trailers at $1 each, and the secured claims against them are also entered at $1 each.

Two claims make up nearly all of the unsecured liabilities: $1.5 million to Caisse Desjardins de Bois-Franc-Bordeaux-Cartierville and $1.5 million to FINLOC 2000 Inc. Most other claims are listed at $1.

The creditor list includes financial institutions, equipment lenders, tax authorities, utilities and other service providers.

No produce suppliers appear in the list reviewed. These figures are the company’s own disclosures, not a final ruling on allowed claims or creditor recoveries.

The statement cites “Other” as the reason for the company’s financial difficulty and gives no further explanation.

Blue Book’s Earlier Listing Decision

Blue Book’s September 2025 decision followed a review of the company’s self-reported information, public records and independent verification checks.

That review found inconsistencies in the company’s stated operating history, business activities and financial documentation, and found a reported trading relationship that could not be confirmed. As a result, Ventura Distribution did not meet Blue Book’s onboarding and verification requirements, and its listing application was declined.

Verify the Business Behind the Name

The Ventura case highlights two separate parts of due diligence: confirming that a company’s claims hold up and monitoring its financial condition over time.

A long-standing legal entity or a polished website can be useful background. Neither replaces independent confirmation of a company’s current ownership, operations and trading relationships.