#Order
Interim order granted on the commencement of the Division I proposal, the only step recorded in the Alberta proceeding under court file 24-3135451.
Source: Discharge Order
Grizzly Bear Welding Ltd.
ClosedFollow
- Proceeding
- Proposalsection 62 of the Bankruptcy and Insolvency Act
- File
- 24-3135451
Filings held8
Last activity3 Sep 2025
On the record770 days
OverviewSummary updated
Grizzly Bear Welding Ltd. is the subject of a Division I proposal proceeding under the Bankruptcy and Insolvency Act, commenced September 3, 2025 before the Court of King's Bench of Alberta under court file number 24-3135451. An interim order was granted on the commencement date. The record of the proceeding is now closed, and no further steps are recorded on the file.
Proceedings AIOpen Proceedings AI
Case updates8 dated entries
#Filing
Form 40.1 - Notice of Hearing of Application for Court Approval of Proposal — Notice of hearing
Parties
Debtor
Grizzly Bear Welding Ltd.
Proposal trustee
MNP
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) - payroll source deductions · in 986 casesas of September 27, 2024 — Deemed trust / priority claim paid in full from sale proceeds. — debtor: Grizzly Bear Welding Ltd. | $9.99K | Trustee's Report to Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
6 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansRecoveriesAs declared or paid
Unsecured creditors: a distribution. CRA paid in full · ATB Financial paid in full.Under the plan · vote pendingReport of the Trustee on the Proposal - Form 40 · 18 Oct 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trustCertain Crown Claims | CRA | — | paid in full | Under the planvote pendingper the debtor | Proposal to Creditors · 26 Sep 2024 |
| Securedfirst position secured creditor | ATB Financial | — | paid in full | Finalper the proposal trustee | Report of the Trustee on the Proposal - Form 40 · 18 Oct 2024 |
| Unsecured | — | estimated | Under the planvote pendingper the proposal trustee | Report of the Trustee on the Proposal - Form 40 · 18 Oct 2024 |
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.
4 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansDocuments8 filings
| Date | Document | File |
|---|---|---|
Discharge Order
| PDF · Subscribers | |
| Order (Approval of Proposal) | PDF · Subscribers | |
| Form 40.1 - Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
Report of the Trustee on the Proposal - Form 40
| PDF · Subscribers | |
| Creditor's Package - Proposal and First Meeting of Creditors | PDF · Subscribers | |
Trustee's Report to Creditors
| PDF · Subscribers | |
Certificate of Filing a Proposal
| PDF · Subscribers | |
Proposal to Creditors
| 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., “Grizzly Bear Welding Ltd.” (Proposal), Court of King's Bench of Alberta. Retrieved 6 November 2026, https://proceedings.ca/case/grizzly-bear-welding-ltd