Groupe Paquette Mécanique du Bâtiment Inc.

Groupe Paquette Mécanique du Bâtiment Inc. is in insolvency proceedings in Quebec before the Cour supérieure (file no. 540-11-010601-195), commenced May 6, 2019 under paragraphs 245(1) and 246(1) of the Bankruptcy and Insolvency Act. MNP Ltée was appointed receiver over the company's equipment, tooling and rolling stock, while BLT Lapointe & Associés Inc. was appointed receiver of its remaining property the same day. Secured creditors include Desjardins at $7,024,550, Fonds de financement d'entreprises Fiera FP at $3,187,693.15, Investissement Québec at $850,000, and a secured employee portion of $400,000. The Canada Revenue Agency, Revenu Québec and the Commission de la construction du Québec hold deemed trust claims, the last estimated at $800,000, and more than 130 further unsecured trade creditors are listed on Form 78, the largest being Wolseley Canada Inc. at $1,020,702.47.