Proceedings.

Jayde Building Construction Ltd.

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Active
Proceeding
Proposalsubsection 50.4(1) of the Act
File
24-2317226
Filings held2
Last activity20 Nov 2017
On the record3,227 days
OverviewSummary updated

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.

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Case updates2 dated entries
#Filing

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

Parties

Debtor

Jayde Building Construction Ltd.

Proposal trustee

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
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$16.4KProposal Notice Package
20 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: a distribution. CRA paid in full.EstimatedProposal Notice Package · 19 Dec 2017

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCertain Crown ClaimsCRApaid in fullUnder the planper the debtorProposal Notice Package · 19 Dec 2017
Unsecureda distributionEstimatedper the trusteeProposal 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.

5 stated figures across 2 outcomes, each sourcedSubscribe to view
Documents2 filings
DateDocumentFile
Proposal Notice Package
  • Appointee MNP Ltd.
  • Appointee role Trustee
  • Commencement date 20 November 2017
  • Court file no 24-2317226
  • + 6 more extracted facts
PDF · Subscribers
NOI Notice Package
  • Appointee MNP Ltd.
  • Appointee role trustee
  • Commencement date 20 November 2017
  • Court file no 24-2317226
  • + 2 more extracted facts
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 20 September 2026, https://proceedings.ca/case/jayde-building-construction-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/jayde-building-construction-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.