Bankruptcysection 49 of the Bankruptcy and Insolvency Act
File
51-3359634
Filings held8
Last activity29 Apr 2026
On the record159 days
OverviewSummary updated
KJC Home Renovations Ltd.'s date of bankruptcy was April 15, 2026, under section 49 of the Bankruptcy and Insolvency Act, with Grant Thornton Limited acting as Licensed Insolvency Trustee. Its Statement of Affairs, as of April 10, 2026, reported total assets of $52,971.69 against total liabilities of $698,549.44, a deficiency of $645,577.75, with no secured or preferred creditors listed. Unsecured claims include $418,483.01 owed to the Canada Revenue Agency for HST and $248,620.44 for corporate tax, both as deemed trust claims, and $31,440.99 owed to Riverfront Contractors.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Preliminary Report. KJC ceased active operations around December 2024 following the death of its former director, and the current sole director has since been winding down the company by realizing on available assets to satisfy liabilities, culminating in the voluntary bankruptcy assignment. Court file 51-3359634.
CRA - Tax - Atlantic (HST) · in 45 casesCRA HST liability; deemed trust class (Crown claim) — debtor: Bankrupt corporation · as of 10 Apr 2026
$418K
Form 78 - Statement of Affairs
Unsecured
CRA - Tax - Atlantic (Corporate Tax) · in 45 casesCRA corporate tax liability; deemed trust class (Crown claim) — debtor: Bankrupt corporation · as of 10 Apr 2026
$249K
Form 78 - Statement of Affairs
Unsecured
Riverfront ContractorsNature of liability: Other — debtor: Bankrupt corporation · as of 10 Apr 2026
$31.4K
Form 78 - Statement of Affairs
Unsecured
Charlamara Holdings Inc.Nature of liability: Other; related party appears possible (c/o same counsel as other listed claimants) but not stated in document — debtor: Bankrupt corporation · as of 10 Apr 2026
$1
Form 78 - Statement of Affairs
Unsecured
Acadian Credit UnionNature of liability: Bank loans except real property mortgage — debtor: Bankrupt corporation · as of 10 Apr 2026
Lepoint Management Inc.Nature of liability: Other; represented by same counsel as other listed claimants — debtor: Bankrupt corporation · as of 10 Apr 2026
$1
Form 78 - Statement of Affairs
Unsecured
Co-operators InsuranceNature of liability: Insurance — debtor: Bankrupt corporation · as of 10 Apr 2026
$1
Form 78 - Statement of Affairs
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Estate financialsReported figures — never derived
Total liabilities at filing$699K
As at 15 Apr 2026 · per Statement of Affairs (SOA) sworn by the Director · entity - KJC Home Renovations Ltd. — SOA lists assets by component only, no total stated: Cash held at Acadian Credit Union noted on SOA as $52,970.69 (Trustee actually received $53,179.19, slightly higher, wired immediately prior to bankruptcy); Accounts Receivable noted at $1 on SOA (nominal value only) though books record a $25,441.12 receivable from Kirk Hoppner subject to litigation with no anticipated recovery. Total Known Creditors per SOA creditor listing is $698,549.
Cash on hand
$53.2K
As at 29 Apr 2026Preliminary Report of the Trustee dated April 29, 2026
Documents8 filings
Date
Document
File
Preliminary Report of the Trustee dated April 29, 2026
AppointeeGrant Thornton Limited
Appointee roleLicensed Insolvency Trustee
Cash on hand$53.2K · Note: SOA noted cash of $52,970.69; actual amount wired to Trustee was $53,179.19. · As at: 2026-04-15 · Qualifier: wired to Trustee immediately prior to assignment, slightly higher than SOA figure
Financial positionAssets $53K · Liabilities $699K · as at 10 Apr 2026 · per Statement of Affairs as stated and estimated by bankrupt/debtor · Bankrupt corporation, entity-level — Deficiency of $645,577.75 stated; no secured or preferred creditors listed (Secured creditors total = 0.00; Preferred creditors total = 0.00)
Secured creditors
Unsecured creditors$1 · Note: Nature of liability: Bank loans except real property mortgage · Page: 3 · As of: 2026-04-10 · Basis: Statement of Affairs (Form 78) as reported · Debtor: Bankrupt corporation · Creditor: Acadian Credit Union
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/kjc-home-renovations-ltd
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.