Jaeger Electric Inc., 849751 ALBERTA LTD., Haza Rentals Inc.
Follow- 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
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.
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 926 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 | Roynat Inc. · in 47 casesdebtor: Jaeger Electric Inc. | $3.82M | Notice of Receiver |
| 4 | Secured | Royal Bank of Canada · in 556 casesApplicant/petitioning secured lender per Consent Receivership Order. — debtor: Jaeger Electric Inc. | $433K | Notice of Receiver |
| 4 | Secured | Jack Carter ChevroletListed twice by the Receiver as separate secured amounts; document does not differentiate the underlying collateral for each. — debtor: Jaeger Electric Inc. | $17K | Notice of Receiver |
| 4 | Secured | Thinking Capital Financial CorpAmount owed stated by the Receiver as 'Unknown'. — debtor: Jaeger Electric Inc. | — | Notice of Receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
2 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 | $354Knet sale proceeds paid to the Receiver after auction expenses and commissions | 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$215K | per the receiver | Receiver’s Second Report filed February 18, 2020 · 18 Feb 2020 |
| Secured | Jack Carter | — | paid in full$15.7K | 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 | — | $20K | 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.
As at 28 Mar 2019 · per Receiver's Asset List, $SOA (Statement of Affairs) column values; $ Net Realizable and $ Realized shown as 0.00 for all listed assets (not yet realized) as of Date of Insolvency: 28-Mar-2019 · Property of Jaeger Electric Inc. subject to the receivership (entity-level asset schedule; no liabilities total stated in this schedule) — Liabilities are addressed separately via the list of secured creditors (Notice, p.1) and a referenced Schedule 'C' listing preferred/unsecured creditors and total amount due, which is not included in the pages provided.
Professional fees to date
$58K
As at 18 Feb 2020Receiver’s Second Report filed February 18, 2020
| Date | Document | File |
|---|---|---|
Order For Distribution filed February 25, 2020
| ||
Receiver’s Second Report filed February 18, 2020
| ||
Auction Approval and Vesting Order
| ||
Sealing Order
| ||
Receiver’s First Report filed May 27, 2019
| ||
Notice of Receiver
| ||
Receivership Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Jaeger Electric Inc., 849751 ALBERTA LTD., Haza Rentals Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/jaeger-electric-inc-849751-alberta-ltd-haza-rentals-inc