Bryers Contracting Ltd.
- Proceeding
- BankruptcyParagraph 152(5)(c), Rule 61
- File
- 24-116221
- Industry
- Construction · Specialty trade contractors
Bryers Contracting Ltd. remains in bankruptcy under paragraph 152(5)(c) and Rule 61. Its Statement of Affairs, as at May 24, 2022, showed total realizable assets of $19.00 — nil cash, $3.00 of accounts receivable and $16.00 in vehicles — against secured creditors of $1,903,251.48; the claims register puts total secured claims at $1,989,716.73. Royal Bank of Canada filed two secured proofs of claim totalling $1,334,599.09, against the $1,103,402.38 secured claim stated in the trustee's preliminary report, and two Business Development Canada accounts filed proofs totalling $655,117.64. The trustee has approached the Canada Revenue Agency to determine whether it asserts a deemed trust claim, and cannot confirm an amount. The trustee expects asset value to be insufficient to cover a CRA deemed trust claim and the secured claims, making distributions to unsecured creditors unlikely; a number of unsecured claims were admitted for dividend on June 15, 2022.
Debtor
Bryers Contracting Ltd.
Trustee in bankruptcy
EY
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 985 casesDeemed trust claim - existence uncertain; Trustee reached out to CRA to determine if CRA has a deemed trust claim, and cannot confirm amount — debtor: Bryers Contracting Ltd. | — | Minutes from the First Meeting of Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
20 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: no distribution.EstimatedMinutes from the First Meeting of Creditors · 15 Jun 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Minutes from the First Meeting of Creditors · 15 Jun 2022 |
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.
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The total the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Notice of Discharge Application
| PDF · Subscribers | |
Minutes from the First Meeting of Creditors
| PDF · Subscribers | |
Trustee report updating creditors on status of Estate
| PDF · Subscribers | |
Bankruptcy Order
| PDF · Subscribers | |
Application
| PDF · Subscribers | |
| Consent to Act as Trustee | PDF · Subscribers | |
Filed copy of Bankruptcy Order
| PDF · Subscribers | |
| Affidavit of Alex Wang | 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., “Bryers Contracting Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/bryers-contracting-ltd