#Claims
A meeting of creditors is recorded, dated by the commencement of the proceeding on 17 January 2022 rather than by a separately noted meeting date.
Source: Creditor's Package
Halibut PEI Inc.
FollowActive
- Proceeding
- BankruptcySubsection 102(1) of the Act
OverviewSummary updated
Halibut PEI Inc. has been in bankruptcy since January 17, 2022, with MNP Ltd. acting as trustee under subsection 102(1) of the Act. The Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer as at January 14, 2022, puts total assets at $3,189,103.00 against total liabilities of $9,446,331.00, a stated deficiency of $6,257,228.00, with the surplus line marked NIL and preferred creditors under List C at $0.00. Prince Edward Island Century 2000 Fund Inc. holds the largest secured position, claiming $1,852,269.00 against the building and land on Causeway Road in Victoria and a further $239,784.00 across inventory, receivables and machinery. Shareholders' loans of $4,577,263.00 dominate the unsecured list. Contingent claims by ACOA of $1,599,022.00 and the Atlantic Fisheries Fund of $1,034,435.00 are each shown as expected to rank for dividend at $0.00.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
Halibut PEI Inc.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Prince Edward Island Century 2000 Fund Inc. · in 4 casesReal Property or Immovable - Building and Land - Victoria - Causeway Road — Second, separate secured claim by same creditor against real property — debtor: Halibut PEI Inc. · as of 14 Jan 2022 | $1.85M | Creditor's Package |
11 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents1 filing
| Date | Document | File |
|---|---|---|
Creditor's Package
| 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., “Halibut PEI Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/halibut-pei-inc