6934235 Manitoba Ltd.

Closed

Proceeding: Receivership (court-appointed)Section 243 of the Bankruptcy and Insolvency Act and Section 55 of The Court of Queen's Bench Act
Court: Court of King's Bench of Manitoba
File: CI 18-01-18373

Filings held4

Last activity6 Nov 2020

On the record2,832 days

OverviewSummary updated 5 September 2026

6934235 Manitoba Ltd. remains in a court-appointed receivership before the Court of King's Bench of Manitoba, commenced under section 243 of the Bankruptcy and Insolvency Act and section 55 of The Court of Queen's Bench Act. As reported in the receiver's Third Report, CWB Maxium Financial Inc. holds a secured claim against 6934235 and 7451190 Manitoba Ltd. exceeding $2,150,000, ranking first against all property of the companies except behind McKesson Canada Corporation on inventory, with a shortfall on the CWB Maxium claim in the range of $2,000,000. McKesson's secured claim exceeds $330,000. Kohl & Frisch Limited has confirmed nothing is owing by 6934235. Canada Revenue Agency's source-deduction claim against 6934235 comprises a deemed-trust portion amended to $33,114.99 as of March 9, 2020, from $25,202.17, and a non-deemed-trust portion of $250,349.43.

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Case updates4 dated entries

6 Nov 2020

#Report

Supplement to the third report of the receiver — Court officer report

PDF · Subscribers

19 Sep 2019

#Order

Court of appeal decision — Endorsement / reasons

PDF · Subscribers

16 Apr 2019

#Filing

Motion brief sale approval and other items — Application / notice of application

PDF · Subscribers

1 earlier update, back to 20 December 2018 — subscribers.

Parties

Debtor

6934235 Manitoba Ltd.

Receiver

MNP

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	CWB Maxium Financial Inc. · in 7 casesas reported in Third Report — 1st priority security position against all Property of the Companies, except 2nd to McKesson on inventory of 745 and 693 (subordination and postponement agreements) — Amount is a floor: 'secured claim of CWB Maxium, which exceeds $2,150,000'; shortfall on secured claim described elsewhere as 'in the range of $2,000,000' — debtor: 693 (6934235 Manitoba Ltd.) and 745 (7451190 Manitoba Ltd.)	$2.15M	Third report of the receiver

This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

7 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Closed · the record states no distribution outcome.

Documents4 filings

Date	Document	File
6 Nov 2020	Supplement to the third report of the receiver Applicant CWB MAXIUM FINANCIAL INC. Appointee MNP Ltd. Appointee role receiver and manager Court THE QUEEN'S BENCH + 2 more extracted facts	PDF · Subscribers

6 Nov 2020	Third report of the receiver Applicant CWB MAXIUM FINANCIAL INC. Appointee MNP Ltd. Appointee role receiver and manager Commencement date 20 December 2018 + 6 more extracted facts	PDF · Subscribers

19 Sep 2019	Court of appeal decision	PDF · Subscribers

16 Apr 2019	Motion brief sale approval and other items Applicant CWB MAXIUM FINANCIAL INC. Appointee MNP Ltd. Appointee role receiver and manager Court THE QUEEN'S BENCH + 3 more extracted facts	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., “6934235 Manitoba Ltd.” (Receivership (court-appointed)), Court of King's Bench of Manitoba. Retrieved 20 September 2026, https://proceedings.ca/case/6934235-manitoba-ltd