Jayde Building Construction Ltd.
- Proceeding
- Proposalsubsection 50.4(1) of the Act
- File
- 24-2317226
- Industry
- Construction · General contractors
Jayde Building Construction Ltd., an Alberta company, filed under subsection 50.4(1) of the Act on November 20, 2017, with MNP Ltd. as trustee, under court file no. 24-2317226. The Division I proposal proceeding remains active. The Form 92 list of creditors with claims of $250 or more, as of the filing date, totals $1,256,968.38, led by Lorrelind Holdings Ltd. at $735,000.00 and Canadian Western Bank at $261,053.51, the latter classified as unsecured. The proposal treats certain Crown claims of $16,444.54 as a deemed trust class under section 224(1.2) of the Income Tax Act, ranking ahead of ordinary unsecured and preferred claims. A comparative analysis of projected dividends as at December 19, 2017 estimates total unsecured claims at $260,915.87 under both the proposal and bankruptcy scenarios, and values real property at $315,000.00 in the bankruptcy scenario against secured debt of $996,053.51.
Notice of intention to make a proposal filed, commencing the Division I proceedings in Alberta under court file no. 24-2317226.
Source: NOI Notice Package
Debtor
Jayde Building Construction Ltd.
Proposal trustee
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 7 | Preferred (BIA s. 136) | Certain Crown Claims (CRA)Deemed trust class claim under section 224(1.2) Income Tax Act; ranks ahead of ordinary unsecured/preferred per Article 10.1; estimated value based on CRA Trust Examination — debtor: Jayde Building Construction Ltd. · as of 20 Nov 2017 | $16.4K | Proposal Notice Package |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
20 more claims in 1 class The stack holds 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.EstimatedProposal Notice Package · 19 Dec 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trustCertain Crown Claims | CRA | paid in full | Under the planper the debtor | Proposal Notice Package · 19 Dec 2017 | |
| Unsecured | — | — | Estimatedper the trustee | Proposal Notice Package · 19 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 |
|---|---|---|
Proposal Notice Package
| PDF · Subscribers | |
NOI Notice 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., “Jayde Building Construction Ltd.” (Proposal). Retrieved 5 November 2026, https://proceedings.ca/case/jayde-building-construction-ltd