City Light Electric Ltd., a Nova Scotia electrical contractor, made an assignment in bankruptcy on March 11, 2025 under section 49 of the Bankruptcy and Insolvency Act, court file 46051, with BDO Canada Limited as licensed insolvency trustee. The Statement of Affairs as at March 4, 2025, prepared from the company's internal records and not verified by BDO, shows total assets of $1,653 against total liabilities of $2,903,893 — priority claims of $1,503,982, secured claims of $1, unsecured claims of $1,274,910 and deferred claims of $125,000 — for a deficiency of $2,903,893. The priority figure is Canada Revenue Agency unremitted source deductions; a CRA notice of assessment dated October 2, 2024 indicates the balance owing may be approximately $2.8 million. As at 9:00 a.m. on March 31, 2025, filed proofs of claim totalled $40,000 across a single claim, against 20 claims of $2,903,892 per the Statement of Affairs.
Trustee's report fixed the bankruptcy at March 11, 2025, 16:19 and set out the Statement of Affairs, GSA registrations by Sheaves Capital and Clyde Street Developments, and judgment claims by ECS Electrical Cable Supply ($76,000), the Workers' Compensation Board of Nova Scotia ($22,000) and Hilti (Canada) ($71,000).
Source: Certificate of Appointment
A meeting of creditors is recorded as of March 11, 2025, the commencement date; the record gives no further detail.
Source: Creditors Package
Court officer report filed on the commencement date, recording that City Light Electric Ltd. made an assignment on March 11, 2025.
Source: Trustee's Preliminary Report
Debtor
City Light Electric Ltd.
Trustee in bankruptcy
BDO
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 11302078 Canada Ltd. o/a Sheaves Capital · in 5 casesGeneral security agreement against personal property, registered November 15, 2023 — PPSA registration; amount not stated — debtor: City Light Electric Ltd. · as of 28 Jan 2025 | — | Trustee's Preliminary Report |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: shortfall.EstimatedTrustee's Preliminary Report · 31 Mar 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report · 31 Mar 2025 |
| Unsecured | — | — | shortfall | Estimatedper the trustee | Trustee's Preliminary Report · 31 Mar 2025 |
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 |
|---|---|---|
Creditors Package
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Trustee's Preliminary Report
| 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., “City Light Electric Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/city-light-electric-ltd
Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/city-light-electric-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.