Proceedings.

719823 NB Inc.

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Proceeding
Receivership (court-appointed)Subsection 245(1) and 246(1) of the Bankruptcy & Insolvency Act
Filings held2
Last activity24 Jul 2025
On the record485 days
Secured debtSubscribers
OverviewSummary updated

719823 NB Inc. has been in receivership since July 8, 2025, with BDO Canada Limited acting as receiver under subsections 245(1) and 246(1) of the Bankruptcy & Insolvency Act, before the Supreme Court of Prince Edward Island. The proceeding is active. His Majesty the King in Right of the Province of New Brunswick, represented by the Minister of Agriculture, Aquaculture and Fisheries, appointed the receiver as primary secured lender, claiming approximately $425,000 secured by a collateral mortgage against the Properties and a general security agreement, both dated February 10, 2021. Other secured claims are Victoria Madawaska South Business Development Corporation at approximately $80,000 over personal property only, Gary Wallace Jamieson and Marie Jeanne Jamieson at approximately $45,000, and McCain Produce Inc. at $17,635, each on the Properties. McCain Produce also appears unsecured for $13,258.76, alongside a schedule of trade, utility and government creditors.

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Case updates2 dated entries
Parties

Debtor

719823 NB Inc.

Receiver

BDO

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredHis Majesty the King, in Right of the Province of New Brunswick as represented by the Minister of Agriculture, Aquaculture and FisheriesCollateral mortgage against the Properties dated February 10, 2021; general security agreement dated February 10, 2021 — Amount is approximate as stated ('Approx. $425,000'); primary secured lender who appointed the Receiver — debtor: 719823 NB Inc.$425KNotice and Statement of Receiver (s245 and s246)
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

21 more claims in 2 classes The stack holds Secured and Unsecured claims.

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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.

Documents2 filings
DateDocumentFile
Certificate of Appointment
  • Appointee BDO CANADA LIMITED / BDO CANADA LIMITÉE
  • Appointee role RECEIVER
PDF · Subscribers
Notice and Statement of Receiver (s245 and s246)
  • Appointee BDO Canada Limited
  • Appointee role receiver
  • Commencement date 8 July 2025
  • Financial position Subscribers
  • + 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., “719823 NB Inc.” (Receivership (court-appointed)), Supreme Court of Prince Edward Island. Retrieved 4 November 2026, https://proceedings.ca/case/719823-nb-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/719823-nb-inc

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.