Proceedings.

Forester Logging Ltd.

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Active
Proceeding
Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
24-3416648
Filings held3
Last activity28 Aug 2026
On the record24 days
OverviewSummary updated

Forester Logging Ltd., an Alberta debtor, came into insolvency proceedings on August 28, 2026 under section 49 of the Bankruptcy and Insolvency Act, with MNP LTD / MNP LTÉE acting as trustee under court file no. 24-3416648. A court officer report filed on the commencement date fixed the time of commencement at 10:35 that morning. The proceeding remains active, and MNP continues in the trustee's role.

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Case updates3 dated entries
#Claims

Forester Logging Ltd. made an assignment in bankruptcy on August 28, 2026; MNP Ltd., as trustee, issued the first meeting of creditors package, with the statement of affairs declaring unsecured claims of $6,824,464.93.

Source: First Meeting of Creditors Package

Parties

Debtor

Forester Logging Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)CRA · in 43 casesas of Trustee's Report to Creditors date (September 17, 2026) — Deemed trust - all present and after-acquired property — Deemed trust class (payroll source deductions); may have priority over all other secured claims; CRA had not filed a proof of claim as of report date; estimated claim per Table 3 — debtor: Forester Logging Ltd.$352KTrustee's Report to Creditors

20 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no recovery.EstimatedTrustee's Report to Creditors · 17 Sep 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno recoveryEstimatedper the trusteeTrustee's Report to Creditors · 17 Sep 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.

Estate financialsReported figures — never derived

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

Documents3 filings
DateDocumentFile
Trustee's Report to Creditors
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 28 August 2026
  • Court IN THE COURT OF KING’S BENCH OF ALBERTA
  • + 5 more extracted facts
PDF · Subscribers
First Meeting of Creditors Package
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 28 August 2026
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 28 August 2026
  • Court file no 24-3416648
  • + 1 more extracted fact
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., “Forester Logging Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/forester-logging-ltd

Sources last checked · summary updated 2 September 2026 · Report a correction · Printed from proceedings.ca/case/forester-logging-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.