#Order
Interim order pronounced, marking the commencement of the Division I proposal proceeding in the Court of King's Bench of Alberta under file 24-2746511.
Source: Order Discharging Trustee
12703131 Canada Ltd
FollowClosed
- Proceeding
- ProposalSection 49 of the Bankruptcy and Insolvency Act
- File
- 24-2746511
OverviewSummary updated
12703131 Canada Ltd is the subject of a Division I proposal proceeding under the Bankruptcy and Insolvency Act, commenced on December 8, 2025 in the Court of King's Bench of Alberta under court file number 24-2746511. An interim order was pronounced the same day. The proceeding remains active. Nothing further has been recorded on the file: no subsequent orders, reports or hearing dates appear on the record, and the terms of the interim order have not been set out. Creditors following the matter have, to date, only the commencement and that first order to work from.
Proceedings AIAsk this case — answers cite the filings
Case updates5 dated entries
2 earlier updates, back to 16 July 2021 — subscribers.
Parties
Debtor
12703131 Canada Ltd
Proposal trustee
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bridging Income Fund LP (c/o PwC) · in 2 casesOther – shares in 7198362 Manitoba Ltd., given 2021-03-03 — Estimated value of security stated at $1.00, producing an estimated $206,393,820.00 deficiency reported as an unsecured claim of the same creditor in List 'A' (bifurcated secured/unsecured claim by security valuation). — debtor: 12703131 Canada Ltd. · as of 12 Jul 2021 | $206M | Creditors Package |
6 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings
Closed · the record states no distribution outcome.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents5 filings
| Date | Document | File |
|---|---|---|
Order Discharging Trustee
| PDF · Subscribers | |
Minutes of the First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Order Termination of Period for Filing a Proposal Payment of Professional Fees
| 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., “12703131 Canada Ltd” (Proposal), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/12703131-canada-ltd