Jaeger Electric Inc., 849751 ALBERTA LTD., Haza Rentals Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, and section 65(7) of the Personal Property Security Act
- File
- 1901-04034
- Industry
- Construction · Specialty trade contractors
Jaeger Electric Inc., together with 849751 Alberta Ltd. and Haza Rentals Inc., is in court-appointed receivership under BIA s. 243 and the provincial Judicature Acts. The Receiver's asset list, valued as of the insolvency date of March 28, 2019, records total assets of $989,145.11 for Jaeger Electric Inc., with net realizable and realized values shown as zero for all listed property. Creditors identified as holding security include Royal Bank of Canada ($432,752.72), Canada Revenue Agency ($41,380.32), Jack Carter Chevrolet ($17,000.00 and $35,000.00), Roynat Inc. ($3,815,300.00), and Thinking Capital Financial Corp, whose amount owed is listed as unknown. No total liabilities figure or realization results have been provided.
The officer filed report no. Receiver's Second Report. The receivership is essentially complete: the equipment has been auctioned and sold, employee WEPPA claims paid, and the Receiver is now seeking approval of final distributions and its discharge.
The officer filed report no. First Report. The Receiver terminated all remaining employees, secured the equipment and records, is collecting overdue receivables, and is seeking approval to sell the 22 items of equipment through an unreserved public auction run by Century Services. Court file 1901-04034.
Debtor
Jaeger Electric Inc., 849751 ALBERTA LTD., Haza Rentals Inc.
Receiver
Hudson & Company Insolvency Trustees
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesListed by the Receiver as a creditor holding security on the Property; classification as stated in the Form 87 notice. — debtor: Jaeger Electric Inc. | $41.4K | Notice of Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
5 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount, drawn to scale.
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See all plans2 transactions · 1 approved · 1 closed — All Property, other than some small equipment at the Airport, was sold at the auction; proceeds of $354,050.96 were paid to the Receiver.Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers at auction, unnamed; sale conducted via Auctioneer Century Services Corp.the Assets, as defined in the Auction Agreement · auction · agreement 22 May 2019 | not stated | Approved3 Jun 2019 | Auction Approval and Vesting Order |
| end purchasers at auction of the Equipment, unnamedthe Equipment · auction | Subscribers | Closed20 Jun 2019 | Receiver’s Second Report filed February 18, 2020 |
CRA: paid in full.Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | paid in full | per the receiver | Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020 |
| Secured | Jack Carter | — | paid in full | per the receiver | Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020 |
| Secured | RBC | — | shortfall | per the receiver | Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020 |
| Secured | Roynat | — | per the receiver | Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020 |
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 plansAs at ·
Cash on hand
$43.1K
As at 27 May 2019Receiver’s First Report filed May 27, 2019
Professional fees
As at
1 more reported figure, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Order For Distribution filed February 25, 2020
| PDF · Subscribers | |
Receiver’s Second Report filed February 18, 2020
| PDF · Subscribers | |
Auction Approval and Vesting Order
| PDF · Subscribers | |
Sealing Order
| PDF · Subscribers | |
Receiver’s First Report filed May 27, 2019
| PDF · Subscribers | |
Notice of Receiver
| PDF · Subscribers | |
Receivership Order
| 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., “Jaeger Electric Inc., 849751 ALBERTA LTD., Haza Rentals Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/jaeger-electric-inc-849751-alberta-ltd-haza-rentals-inc