Proceedings.

7198362 Manitoba Ltd.

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Proceeding
ProposalSection 49 of the Act; Rule 85
File
24-2746514
Filings held5
Last activity14 Nov 2025
On the record1,938 days
Secured debtSubscribers
OverviewSummary updated

7198362 Manitoba Ltd. is the subject of a Division I proposal proceeding under the Bankruptcy and Insolvency Act, commenced on July 12, 2021 in the Court of King's Bench of Alberta, styled at the time as the Court of Queen's Bench of Alberta. An interim order was granted the same day the proceeding began. The matter remains active. Nothing further has been read out of the record: no proposal terms, creditor meeting or subsequent orders are on file here.

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Case updates5 dated entries
Parties

Debtor

7198362 Manitoba Ltd.

Proposal trustee

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredBridging Income Fund LP · in 2 casesOther - Investment account with Cannacord Genuity Wealth Management (security given 03-Mar-2021); estimated value of security $27,947,775.52 — Claim bifurcated by security valuation per SOA List B: secured value limited to estimated security value of $27,947,775.52; balance of claim ($178,446,045.48) reported as unsecured deficiency on List A. — debtor: 7198362 Manitoba Ltd. · as of 12 Jul 2021$206MCreditors Package
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

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

Every creditor and every amount, drawn to scale.

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.Minutes of the First Meeting of Creditors · 3 Aug 2021

ClassCreditorClaimsRecoveryBasisSource
Unsecured——no distributionper the trusteeMinutes of the First Meeting of Creditors · 3 Aug 2021

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.

Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents5 filings
DateDocumentFile
Positive Letter of CommentPDF · Subscribers
Minutes of the First Meeting of Creditors
  • Recovery outcome Entries: per unstated · Stated on: 2021-08-03 · Table missing:
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 16 July 2021
  • Court file no 24-2746514
  • + 1 more extracted fact
PDF · Subscribers
Creditors Package
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Termination of Period for Filing a Proposal Payment of Professional Fees
  • Commencement date 12 July 2021
  • Court COURT OF QUEEN'S BENCH OF ALBERTA
  • Presiding officer Justice D.L. Shelley
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., “7198362 Manitoba Ltd.” (Proposal), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/7198362-manitoba-ltd

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/7198362-manitoba-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.