1099601 Alberta Ltd. filed an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on October 26, 2023, at 09:17, with Grant Thornton Limited acting as trustee (court file no. 25-3002217, Alberta). A Statement of Affairs reported total liabilities of $3,620,791.76 against total assets of $1,384,499.00, a deficiency of $2,236,292.76. The Bank of Nova Scotia holds the largest claim, with a $2,037,593.76 balance treated as unsecured after its security in accounts receivable and cash on hand; the Canada Revenue Agency is owed $111,968.25 and Peak Legal Counsel $23,078.02 among the remaining unsecured creditors. The matter remains active.
A claims procedure has been established — see the order for deadlines.
The officer filed a report. The company has ceased operations, has no active premises, and its cash and accounts receivable are being collected/held by the Receiver/Interim Receiver pending realization for the secured creditor BNS. Court file 25-3002217.
Source: Trustee's Preliminary Report to Creditors dated November 14, 2023
1099601 Alberta Ltd.'s bankruptcy commenced on October 26, 2023, at 09:17.
Source: Certificate of Appointment dated October 26, 2023.pdf
1 filings carry no date on their face — subscribers.
Debtor
1099601 Alberta Ltd.
Trustee in bankruptcy
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | The Bank of Nova Scotia · in 110 casesDebts Due - Business - Accounts Receivable (given 24-Dec-2022, estimated value $812,549.00); Cash on Hand - Cash in Bank (given 25-Dec-2022, estimated value $571,949.00) — Statement of Affairs, List B; balance of claim of $2,037,593.76 shown as unsecured deficiency (also listed in List A unsecured creditors) — debtor: 1099601 Alberta Ltd. · as of 24 Dec 2022 | $3.42M | Creditors Package dated October 26, 2023.pdf |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors dated November 14, 2023
| PDF · Subscribers | |
Certificate of Appointment dated October 26, 2023.pdf
| PDF · Subscribers | |
Creditors Package dated October 26, 2023.pdf
| PDF · Subscribers | |
| Proof of Claim Form.pdf | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “1099601 Alberta Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1099601-alberta-ltd
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/1099601-alberta-ltd
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.