Kirkland Lake Forest Products Inc. filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on December 6, 2019, in the Ontario Superior Court of Justice under court file 31-2593148, with A. Farber & Partners Inc. as licensed insolvency trustee. The Statement of Affairs as at December 11, 2019 estimated total assets of $1,312,001 against liabilities of $5,714,958.27 — secured $1,710,183.67, preferred nil and unsecured $4,004,774.60 — a deficiency, with the trustee cautioning that the figures are an estimate of projected realizations excluding realization costs and that no security opinion was obtained on the secured creditors' security. The proposal was approved on February 4, 2020. The matter remains active.
A claims procedure has been established — see the order for deadlines.
Proposal approved. Its terms treated Temfund, Kirkland & District Community Development Corporation, Northern Ontario Heritage Fund Corp. and South Temiskaming CFDC as affected secured creditors, RBC Royal Bank as unaffected.
Source: Order of Master Jean dated February 4, 2020 (Approval Order)
Commenced proceedings under subsection 50.4(1) of the BIA, staying creditors and placing A. Farber & Partners Inc. as licensed insolvency trustee, court file 31-2593148.
Source: Certificate of Filling of a Notice of Intention to Make a Proposal
Debtor
Kirkland Lake Forest Products Inc.
Proposal trustee
A. Farber & Partners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Northern Ontario Heritage Fund Corp. · in 2 casesAffected Secured Creditor per Proposal 2.3 — debtor: Kirkland Lake Forest Products Inc. · as of 20 Dec 2019 | $736K | Notice of Proposal to Creditors – Creditors Package |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
95 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution.Under the plan · sanctionedOrder of Master Jean dated February 4, 2020 (Approval Order) · 4 Feb 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in fullconditional | Under the plansanctionedper the trustee | Notice of Proposal to Creditors – Creditors Package · 20 Dec 2019 |
| Secured | Affected Secured Creditors | — | paid in fullconditional | Under the plansanctionedper the trustee | Notice of Proposal to Creditors – Creditors Package · 20 Dec 2019 |
| Preferred | — | — | paid in full | Under the plansanctionedper the court | Order of Master Jean dated February 4, 2020 (Approval Order) · 4 Feb 2020 |
| Unsecured | Small Claim Creditors | — | conditional | Under the plansanctionedper the court | Order of Master Jean dated February 4, 2020 (Approval Order) · 4 Feb 2020 |
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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The claims and what each class or creditor recovers — each as the filing states it, with its source.
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The 2 totals the debtor stated at filing
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See all plans| Date | Document | File |
|---|---|---|
Order of Master Jean dated February 4, 2020 (Approval Order)
| PDF · Subscribers | |
Notice of Proposal to Creditors – Creditors Package
| PDF · Subscribers | |
NOI Creditors Package
| PDF · Subscribers | |
Certificate of Filling of a Notice of Intention to Make a Proposal
| PDF · Subscribers | |
Proposal
| PDF · Subscribers | |
Amended Proposal
| PDF · Subscribers | |
| Proof of Claim and Proxy Form | 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., “Kirkland Lake Forest Products Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/kirkland-lake-forest-products-inc
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/kirkland-lake-forest-products-inc
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.