2175777 Alberta Ltd.
- Proceeding
- BankruptcySection 49(1) of the Bankruptcy and Insolvency Act ("BIA")
- File
- 24-3005658
2175777 Alberta Ltd. is an active bankruptcy in which the Trustee's claims register identifies CIBC as appearing to hold first-ranking security under a general security agreement, based on a Personal Property Registry search, with no balance stated. The Canada Revenue Agency has raised a deemed trust claim of approximately $98,000 for unremitted payroll source deductions, subject to CRA audit, with no proof of claim yet filed. The Statement of Affairs lists numerous unsecured creditors, many recorded only as nominal placeholder claims of $1 pending proof, alongside stated balances including Business Development Bank of Canada ($76,667), a CIBC CEBA loan ($60,000), and CIBC Visa balances of $21,930 and $2,000. Three creditors have filed and been admitted for dividend: Kyle Elyk ($12,368.90), Justin Nichvalodoff ($8,047.78), and American Express, admitted at $30,094.55 though the Statement of Affairs recorded $29,000.
Debtor
2175777 Alberta Ltd.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Prairies (701576886RP0001) · in 87 casesDeemed trust claim relating to unremitted payroll source deductions; Trustee's report (page 2) describes this as 'approximately $98,000', subject to CRA audit, no formal claim received as of report date. No proof of claim filed. — debtor: 2175777 Alberta Ltd. | $98.5K | Trustee's Report on Preliminary Administration |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
20 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedTrustee's Report on Preliminary Administration · 22 Nov 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Trustee's Report on Preliminary Administration · 22 Nov 2023 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
The 2 totals 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 Report on Preliminary Administration
| PDF · Subscribers | |
Creditor Package
| 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., “2175777 Alberta Ltd.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/2175777-alberta-ltd