Citywide Sundecks Ltd.

Citywide Sundecks Ltd. has been in bankruptcy in British Columbia since October 3, 2024, with BDO Canada Limited acting as trustee under subsection 102(1) of the Act, court file 11-3139067. The Statement of Affairs, as stated and estimated by the bankrupt as at the date of bankruptcy, shows total assets of $1.00 against total liabilities of $649,813.80, a reported deficiency of $649,812.80. Secured claims total $540,850.25 and unsecured claims $108,963.55, with no preferred or contingent and trust claims listed. Royal Bank of Canada is the principal secured creditor at $540,847.25 on various bank debts, with nominal $1 secured amounts listed for Merchant Opportunities Fund Limited Partnership, On Deck Capital Canada, Inc. and Receivables Management Office. The largest unsecured claim is $95,533.00 owed to 11302078 Canada Ltd a/c Sheaves Capital, followed by $13,428.55 to Uppal Building Supplies Ltd. The proceeding remains active.