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
Certificate of Appointment dated October 26, 2023.pdf was filed. Court file 25-3002217.
Source: Certificate of Appointment dated October 26, 2023.pdf
Debtor
1099601 Alberta Ltd.
Trustee in bankruptcy
Doane Grant Thornton
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | The Bank of Nova Scotia · in 115 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 |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
19 more claims in 2 classes The stack holds Secured and Unsecured claims.
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The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| 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 5 November 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.