Proceedings.

8956278 Canada inc. (Saint-Augustin Canada Électrique inc.)

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Proceeding
Bankruptcyparagraphe 102(1) de la Loi
File
200-11-029162-248
Filings held1
Last activity28 Mar 2024
On the record907 days
Secured debtSubscribers
OverviewSummary updated

8956278 Canada inc., formerly Saint-Augustin Canada Électrique inc., is in bankruptcy in Quebec before the Superior Court of Québec, deemed to have filed an assignment on 28 March 2024 under paragraph 102(1) of the Act, with Raymond Chabot inc. as trustee. The statement of affairs, as at 28 March 2024, reported $515,066.00 in assets against $60,853,219.77 in liabilities, a deficit of $60,338,153.77. Secured claims of $52,370,000.00 are owed entirely to the Bank of Montreal. Unsecured claims total $8,483,219.77, the largest being $3,305,333.76 to Barr Fabrication Field Services, L.L.C., $600,000.00 to Stace Immo Inc. and $366,649.47 to Stace-Electric Inc.

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Case updates1 dated entry
Parties

Debtor

8956278 Canada inc. (Saint-Augustin Canada Électrique inc.)

Trustee in bankruptcy

Raymond Chabot

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBanque de Montréal · in 43 casesListed in statement of affairs Liste "B" - Créanciers garantis; matches total secured liabilities per balance sheet — debtor: 8956278 Canada inc. (formerly Saint-Augustin Canada Électrique inc.) · as of 28 Mar 2024$52.4MAvis de la faillite et de la première assemblée des créanciers
244 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents1 filing
DateDocumentFile
Avis de la faillite et de la première assemblée des créanciers
  • Appointee Raymond Chabot inc.
  • Appointee role syndic
  • Commencement date 28 March 2024
  • Court COUR SUPÉRIEURE
  • + 5 more extracted facts
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CiteProceedings., “8956278 Canada inc. (Saint-Augustin Canada Électrique inc.)” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/8956278-canada-inc-saint-augustin-canada-electrique-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/8956278-canada-inc-saint-augustin-canada-electrique-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.