7198362 Manitoba Ltd.
Follow- Proceeding
- ProposalSection 49 of the Act; Rule 85
- File
- 24-2746514
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.
2 earlier updates, back to 16 July 2021 — subscribers.
Debtor
7198362 Manitoba Ltd.
Proposal trustee
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bridging 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 | $206M | Creditors Package |
Unsecured creditors: no distribution.Minutes of the First Meeting of Creditors · 3 Aug 2021
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | per the trustee | Minutes 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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
| Positive Letter of Comment | 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., “7198362 Manitoba Ltd.” (Proposal), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/7198362-manitoba-ltd