Kingsley Trucking Ltd. has been in court-appointed receivership since 24 April 2025, when the Supreme Court of British Columbia made a receivership order under BIA s. 243 in file S-251315. The proceeding remains active. A Statement of Affairs sworn 1 December 2025 for the single-entity Kingsley Trucking Ltd. estate reports total assets of $4,392,590.08 against total liabilities of $5,494,744.32, a deficiency of $1,102,154.24, comprising secured claims of $5,349,435.43 and unsecured claims of $145,308.89, with no preferred and no contingent or trust claims. Royal Bank of Canada's secured claim matches the secured total; six further secured creditors, including The Toronto-Dominion Bank, TD Equipment Finance Canada and Wells Fargo Equipment Finance Company, are carried at nominal $1.00. The filing dates the bankruptcy inconsistently: 2 December 2025 in the Certificate of Appointment and Notice of Bankruptcy, 24 November 2025 in the instruction to the Statement of Affairs.
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The officer filed a report. The Trustee has taken over administration of KTL's estate following its assignment into bankruptcy, focusing on preparing the Statement of Affairs, organizing the first meeting of creditors, and continuing efforts to collect outstanding accounts receivable. Court file 11-3305804.
Royal Bank of Canada · in 556 casesMatches the total 'Secured creditors' figure of $5,349,435.43 reported in the Statement of Affairs (page 4). — debtor: Kingsley Trucking Ltd. · as of 1 Dec 2025
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.
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CiteProceedings., “Kingsley Trucking Ltd. et al” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/kingsley-trucking-ltd-et-al
Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/kingsley-trucking-ltd-et-al
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.