Altitude Installations Inc.
Follow- Proceeding
- ProposalBankruptcy and Insolvency Act, RSC 1985, c. B-3
- File
- 24-3340499
Altitude Installations Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act commenced on May 14, 2026, when an application was filed in the Court of King's Bench of Alberta in Bankruptcy and Insolvency under court file number 24-3340499. The matter remains active. The record before us carries no further steps beyond that filing: no order, report or claims process has been entered on it, and the file discloses no subsequent milestone in the Alberta proceeding.
Application filed in the Court of King's Bench of Alberta in Bankruptcy and Insolvency, opening court file 24-3340499 and commencing this BIA proceeding.
Source: Notice of Application
Debtor
Altitude Installations Inc.
Proposal trustee
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorAltitude Installations Inc. | Witten LLP | 14 May 2026 | Application · 14 May 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Receiver General - Canada Revenue Agency (Source Deductions) · in 13 casesas of Proposal Valuation Date (February 27, 2026) — Property claim - deemed trust re: source deductions pursuant to subsection 60(1.1) of the BIA — Deemed-trust/priority property claim; listed within Trustee's secured-claims table (Table 1) at $841 ($000's); exact dollar figure per Report of Trustee (p.3) is $841,164.76 out of total CRA claim of $935,809.96; SOA summary table (p.4) shows same amount as 'CRA - Source deductions' $841,165. — debtor: Altitude Installations Ltd. | $841K | Report of Trustee on Amended Proposal |
| 4 | Secured | Merchant Opportunities Canada LP · in 3 casesas of Proposal Valuation Date (February 27, 2026) — General Security Agreement over all present and after-acquired property — Unaffected by the Proposal; to be paid per existing agreement outside the Proposal Fund. SOA summary table (p.4) shows this line as 'Secured Creditor' $86, apparently unscaled from the $000's presentation used in Table 1. — debtor: Altitude Installations Ltd. | $86K | Report of Trustee on Amended Proposal |
| 8 | Unsecured | Canada Revenue Agency (unsecured portion of claim) · in 926 casesCRA's total claim was $935,809.96, of which $841,164.76 is a deemed-trust property claim (see secured creditors). Unsecured portion was originally $94,645.20 for voting purposes and was amended by CRA on April 21, 2026 to $91,980.17. Note: at the creditors' meeting, 2 unsecured creditors with total proven claims of $133,897 voted in favour of the Amended Proposal (distinct voting figure, not separately itemized by name). — debtor: Altitude Installations Ltd. · as of 21 Apr 2026 | $92K | Report of Trustee on Amended Proposal |
| 8 | Unsecured | Community Futures Capital Regionas of Proposal Valuation Date (February 27, 2026) — debtor: Altitude Installations Ltd. | $85K | Report of Trustee on Amended Proposal |
| 8 | Unsecured | Next Level Millworkas of Proposal Valuation Date (February 27, 2026) — debtor: Altitude Installations Ltd. | $39K | Report of Trustee on Amended Proposal |
| 8 | Unsecured | Workers' Compensation Board · in 14 casesas of Proposal Valuation Date (February 27, 2026) — debtor: Altitude Installations Ltd. | $1K | Report of Trustee on Amended Proposal |
Unsecured creditors: 10 % of proven claims. Canada Revenue Agency paid in full.Under the plan · vote pendingReport of Trustee on Amended Proposal · 14 May 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | Certain Crown Claims | — | paid in fullconditional | Under the planvote pendingper the debtor | Amended Division 1 Proposal · 17 Apr 2026 |
| Deemed trustCRA priority crown claims | Canada Revenue Agency | — | paid in full | Under the planvote pendingper the trustee | Report of Trustee on Amended Proposal · 14 May 2026 |
| Preferred | — | — | no distribution | Under the planvote pendingper the debtor | Amended Division 1 Proposal · 17 Apr 2026 |
| Unsecured | — | — | 10 %of proven claimsvs. 10 % in a bankruptcy | Under the planvote pendingper the trustee | Report of Trustee on Amended Proposal · 14 May 2026 |
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.
1 engagement · 1 firm — MNP Ltd., 23 Feb – 17 Apr 2026, $16,738.70 in feesReport of Trustee on Amended Proposal · 14 May 2026
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MNP Ltd.Trustee | 23 Feb – 17 Apr 2026 | 38.6 | $16,738.70ex. tax | $235 – $7059 people | Report of Trustee on Amended Proposal · 14 May 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
9 people — MNP Ltd., 23 Feb – 17 Apr 2026
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
As at 27 Feb 2026 · per Per Statement of Affairs (book values), pre-filing; Trustee also presents an 'Estimated Realization' column of $539,000 for assets (not used here as it is a realization estimate, not book position) · Altitude Installations Ltd. (single entity) — Liabilities total of $936,021 is a literal sum of SOA line items (Secured Creditor $86, CRA-GST $94,645, CRA-Source deductions $841,165, Unsecured creditors $125), inconsistent in scale with the $000's figures shown for the same creditors in the Trustee's Report to Creditors (Table 1/Table 2: Merchant $86,000; unsecured creditors totaling $125,000/$124,252). This scale discrepancy exists in the source document; both figures are reported as stated.
| Date | Document | File |
|---|---|---|
| Order | ||
| Letter to Service List | ||
Service List
| ||
Notice of Application
| ||
Report of Trustee on Amended Proposal
| ||
Amended Division 1 Proposal
| ||
Creditor's Package - Proposal and First Meeting of Creditors
| ||
| Certificate of Notice of Intention to Make a Proposal | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Altitude Installations Inc.” (Proposal), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/altitude-installations-inc