Leo's Building Supplies Ltd.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 25-3064208
- Industry
- Retail · Home, furniture & electronics retail
Leo's Building Supplies Ltd. entered bankruptcy on April 4, 2024 under the Bankruptcy and Insolvency Act in Alberta, with MNP Ltd. serving as licensed insolvency trustee under court file 25-3064208. The proceeding remains active. The trustee has identified secured claims led by Castle Building Centres Group Ltd., owed an estimated $5,653,673.74 under a general security agreement covering all present and after-acquired personal property, registered at the Personal Property Registry on November 23, 2006. The Canada Revenue Agency asserts a deemed trust interest for payroll source deductions against an estimated total balance of $80,877.52, with the deemed trust portion of that debt not yet determined. Sodisco-Howden Group Inc. holds a land charge registered at the Personal Property Registry on November 24, 2001. Creditors met on the date of bankruptcy.
Certificate of Appointment was filed. Court file 25-3064208.
Source: Certificate of Appointment
Debtor
Leo's Building Supplies Ltd.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 985 casesDeemed Trust interest re: payroll source deductions — Deemed trust class; estimated total balance owed for payroll source deductions; Deemed Trust portion of this debt not yet determined — debtor: Leo's Building Supplies Ltd. | $80.9K | Trustee's Report to Creditors |
| 4 | Secured | |||
| 4 | Secured |
2 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedTrustee's Report to Creditors · 16 Apr 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Report to Creditors · 16 Apr 2024 |
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.
| Date | Document | File |
|---|---|---|
| Letter to Creditors | PDF · Subscribers | |
Trustee's Report to Creditors
| PDF · Subscribers | |
First Meeting of Creditor's Package
| PDF · Subscribers | |
Certificate of Appointment
| 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., “Leo's Building Supplies Ltd.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/leos-building-supplies-ltd