Kel-Ann Enterprises Limited

Kel-Ann Enterprises Limited, a Nova Scotia company, filed an assignment in bankruptcy on September 25, 2025 under section 49(1) of the Bankruptcy and Insolvency Act, with BDO Canada Limited acting as Licensed Insolvency Trustee under file number 46192. The proceeding remains active. Secured claims listed against the estate include a $409,983 loan from Michael Pink, a related party described as a director and party to the transaction, and Bank of Montreal debt comprising an operating/overdraft loan of $221,818 and term loans of $270,445 and $34,180. Larger unsecured claims include CIBC Visa at $97,415, BMO Mastercard at $42,072, Irving Oil Limited (Bulk Tanks) at $41,166, G Veinot Metal Fabrication Limited at $37,467, Hodgson Trucking Ltd. at $36,790 and Amex Bank of Canada at $34,644, alongside CRA HST of $13,822 in the deemed trust class. Eastern Heavy Equipment's listed claim of $4,621 is also the subject of a separate small claims action, SCT-543380, for a disputed amount of $5,206.09.