Hy-Power Coatings Inc.
- Proceeding
- Proposalsubsection 50.4(1) of the Bankruptcy and Insolvency Act
- File
- 32-2312455
- Industry
- Manufacturing · Metals & fabrication
Hy-Power Coatings Inc. is the subject of Division I proposal proceedings under the Bankruptcy and Insolvency Act, commenced on November 6, 2017 in the Ontario Superior Court of Justice (In Bankruptcy and Insolvency) under court file no. 32-2312455. The proceeding is recorded as active. Beyond commencement, the record carries no dated milestones: no filings, orders or reports have been entered, and nothing here fixes the proceeding at a particular stage of the proposal process. This page will be updated as material steps are recorded.
Debtor
Hy-Power Coatings Inc.
Proposal trustee
Dodick Landau
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesas of Date of Filing (NOI filing date, November 6, 2017) — Approximate figure ('approximately $172,000'); employee source deductions withheld but not remitted, including penalties and interest calculated to Date of Filing; deemed trust/Crown Claim class — debtor: Hy-Power Coatings Limited | $172K | Creditors’ Package |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
4 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution. CRA paid in full.Under the plan · vote pendingCreditors’ Package · 5 Dec 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in fullvs. in a bankruptcy | Under the planvote pendingper the proposal trustee | Creditors’ Package · 5 Dec 2017 |
| Secured | — | — | paid in full | Under the planvote pendingper the debtor | Proposal · 5 Dec 2017 |
| Preferred | — | — | paid in full | Under the planvote pendingper the proposal trustee | Creditors’ Package · 5 Dec 2017 |
| Unsecured | — | estimated | Under the planvote pendingper the proposal trustee | Creditors’ Package · 5 Dec 2017 |
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.
3 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 plans| Date | Document | File |
|---|---|---|
Notice of Default in Performance of Proposal
| PDF · Subscribers | |
Creditors’ Package
| PDF · Subscribers | |
| Certificate For Filing a Proposal | PDF · Subscribers | |
Proposal
| PDF · Subscribers | |
Notice of Intention to File a Proposal
| 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., “Hy-Power Coatings Inc.” (Proposal), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/hy-power-coatings-inc