Canada’s largest online hockey retailer, Hockey Supremacy, has filed for bankruptcy amid mounting financial pressures. According to court documents filed on March 26, 2025, the Candiac, Québec-based company listed approximately $5.7 million in liabilities and assets valued at just $50,000.
The filing was made under the supervision of Raymond Chabot Inc., who has been appointed trustee for the company’s estate. A first meeting of creditors was scheduled for April 15, 2025.
As of late April, HockeySupremacy.com—the company’s main sales platform—has gone offline, displaying a message stating “Closed Until Further Notice,” confirming the sudden halt in operations.
Company History and Market Position
Founded in 2010, Hockey Supremacy quickly rose to prominence as a dominant force in Canadian online hockey retail. Headquartered at 122 Rue Paul-Gauguin in Candiac, the company positioned itself as the go-to destination for Canadians seeking hockey gear without the high shipping costs and customs fees often associated with U.S.-based sellers.
Through its website, Hockey Supremacy offered a wide selection of products, including skates, sticks, protective equipment, apparel, and accessories from leading brands such as CCM, Bauer, Warrior, and True. The retailer also specialized in custom team orders, offering personalized jerseys and equipment to organized teams across the country.
Beyond retail, the company was an active supporter of the Canadian hockey community, forging partnerships and sponsorships. One notable collaboration included work with CCM Hockey and Bishop’s University to develop female-specific protective gear and sticks, contributing to the advancement of women’s hockey.
Prior to its collapse, Hockey Supremacy had an estimated annual revenue of $5.1 million, reflecting its significant role in the Canadian hockey retail landscape.
Financial Struggles and Bankruptcy Details
Despite its strong market presence, Hockey Supremacy struggled financially behind the scenes. The bankruptcy filing outlines $5,693,648.76 in total liabilities, dwarfing the company’s modest $50,000 in assets. A severe lack of cash flow and insufficient revenue to maintain profitability were cited as primary reasons for the company’s downfall.
The company’s liabilities include:
- $2,856,062.25 in secured debts (loans backed by specific collateral).
- $42,680.78 in priority claims (including taxes and source deductions).
- $2,794,905.73 in unsecured debts (vendors, service providers, and others).
Major creditors listed include Sport Maska Inc. (over $1.5 million owed), Bauer Hockey Ltd., Banque de Développement du Canada, and the Royal Bank of Canada, among dozens of others, including logistics and technology providers.
Assets listed in the filing include accounts receivable, inventory, retail and warehouse equipment, vehicles, and minor intellectual property such as software licenses—however, most of these assets have been assigned an estimated recoverable value of zero.
Broader Implications for the Hockey Retail Industry
The collapse of Hockey Supremacy raises concerns about the stability of specialty retailers within the Canadian sports equipment sector. Despite being a market leader online, the company’s struggles highlight the intense competition from larger national and multinational retailers, as well as the challenges posed by rising operating costs, inventory management issues, and economic pressures on discretionary consumer spending.
The trustee will oversee the liquidation of assets and the distribution of any recovered amounts, though recoveries are expected to be minimal given the company’s severe deficit. The bankruptcy documents also indicate that several secured lenders may attempt to recover specific assets tied to outstanding loans, such as warehouse equipment and inventory stock.
At this time, no information has been disclosed regarding any potential acquisition of Hockey Supremacy’s brand, website, or remaining assets by another player in the industry.
Hello just befor bankrupy i order two skates about 2k i spent wonder if im getting my money back