Kindred Living Inc.

Kindred Living Inc., a Nova Scotia company, entered insolvency proceedings on February 26, 2026, and the matter remains active. A Statement of Affairs as stated and estimated by the debtor, as at February 27, 2026, puts total assets at $2,021,305.98 against total liabilities of $3,023,531.69, leaving a deficiency of $1,002,225.71. The statement discloses no secured creditors and no preferred creditors, securities or priorities, both recorded at $0.00. The liabilities are dominated by two amounts listed as "Other": a loan of $2,220,166.00 owing to Valerie Evans and $800,000.00 owing to Michael Iosipescu. Trade and utility payables are comparatively small, including $2,850.00 to Turner Drake & Partners Ltd. and $510.69 to Payzant Home Hardware Building Centre, with nominal amounts recorded for CRA - Tax - Atlantic, Nova Scotia Power Inc., Halifax Regional Water Commission, the Workers Compensation Board of Nova Scotia and insurance payables.