10684210 Canada Inc. (Métro Média)

10684210 Canada Inc. (Métro Média) is in bankruptcy under the BIA. Its Statement of Affairs, dated as at September 28, 2023, reports total assets of $2,016,000.00, consisting entirely of a tax credit receivable, against total liabilities of $2,540,102.90, producing an estimated deficiency of $524,102.90. Secured claims are held by Investissement Québec ($896,380.00, secured against the tax credit receivable since September 19, 2022, with an estimated surplus of $735,864.87) and Caisse Desjardins de la Culture ($383,755.13, secured since November 2, 2022, with no surplus). Unsecured claims total $1,259,967.77, the largest being the Ministère de la Culture et des Communications du Québec at $554,462.00, followed by employee wage claims of $196,337.52 and a landlord claim of $122,671.15. Preferred and contingent/trust claims are nil.