Jolcar Security Services Inc.
- Proceeding
- NOIs. 50.4(9) of the Bankruptcy and Insolvency Act
- File
- 46235
Jolcar Security Services Inc. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act, commenced on July 17, 2026 in the Supreme Court of Nova Scotia in Bankruptcy and Insolvency under court file number 46235. The court granted an interim order on the commencement date. The proceeding remains active. Nothing further has been recorded on the file: the interim order is the only step documented to date, and its terms are not set out in the record.
The officer filed report no. Third Report. The Company continued normal operations, remained roughly cash-flow neutral to positive during the NOI proceedings despite timing fluctuations in collections and payroll, and is facing staffing challenges from expiring temporary foreign worker permits while recruiting replacements.
The officer filed report no. Second Report. Jolcar has continued its operations in the normal course since the First Report, cooperating with the Trustee, while dealing with employee wage arrears, CRA garnishments/claims, and a customer invoice reconciliation dispute affecting cash flow.
Certificate of Filing of a Notice of Intention to Make a Proposal — NOI certificate of filing
Debtor
Jolcar Security Services Inc.
Proposal trustee
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorJolcar Security Services Inc. | Stewart McKelvey | 12 Dec 2025 | Application · 12 Dec 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Atlantic (Canada Revenue Agency) · in 46 casesas of NOI filing date — GST/HST reassessment amount; deemed trust class. Affidavit (para 13) states the reassessment indicated 'the amount in excess of $800,000 was owing in respect of GST/HST' (approximate/prose figure); Form 33 creditor list states the exact claim amount of $800,000.00 (account #702290297). — debtor: Jolcar Security Services Inc. | $800K | Affidavit of Michele Joly |
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount.
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See all plansPreferred creditors: paid in full.Under the plan · sanctionedThird Report of the Proposal Trustee · 5 Mar 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | residual unsecured wage claims | — | paid in fullconditional | Under the plansanctionedper the proposal trustee | Third Report of the Proposal Trustee · 5 Mar 2026 |
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 ·
Cumulative receipts
$644K
As at 5 Mar 2026Third Report of the Proposal Trustee
Cumulative disbursements
As at
Cash on hand
As at
2 more reported figures, 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 Approving Proposal
| PDF · Subscribers | |
| Notice of Hearing of Application for Court Approval of Proposal | PDF · Subscribers | |
Third Stay Extension Order
| PDF · Subscribers | |
Third Report of the Proposal Trustee
| PDF · Subscribers | |
Second Stay Extension Order
| PDF · Subscribers | |
Second Report of the Proposal Trustee
| PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
Affidavit of Michele Joly
| PDF · Subscribers | |
Motion Brief
| PDF · Subscribers | |
Notice of Motion
| PDF · Subscribers | |
First Report of the Proposal Trustee
| PDF · Subscribers | |
| Certificate of Filing of a Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Trustee Consent to Act | 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., “Jolcar Security Services Inc.” (NOI), Supreme Court of Nova Scotia. Retrieved 4 November 2026, https://proceedings.ca/case/jolcar-security-services-inc