McKay Career Training Inc.
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 23-2937625
McKay Career Training Inc., a Saskatchewan company, went into bankruptcy under the BIA on April 27, 2023, with MNP Ltd. as trustee under court file 23-2937625. The Statement of Affairs put unsecured claims at $997,460.51 in aggregate, a Canada Revenue Agency deemed trust claim for source deduction remittances at $63,852.82, and preferred wage claims at $26,199.92. Business Development Bank of Canada is secured for an estimated $28,969.61 under a general security agreement registered at the PPR on October 22, 2010, and Premium Data Office Supplies Inc. holds a security interest in certain equipment through a lease. As at 1:30 p.m. CST on May 12, 2023, proofs of claim received totalled $291,314.39 unsecured, alongside $21,688.01 in employee WEPPA claims carrying super-priority under s. 81.3(1) of the BIA; the trustee anticipates secured wage claims will reach $36,250.00 once fully administered. The estate remains active.
Certificate of Appointment was filed. Court file 23-2937625.
Source: Certificate of Appointment
Creditors met on the date of bankruptcy, MNP Ltd. acting as trustee of the estate of McKay Career Training Inc.
Source: Creditors Package
Debtor
McKay Career Training Inc.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (source deduction remittances / deemed trust) · in 986 casesas of per books and records of McKay — Deemed trust class; Trustee anticipates a CRA trust audit will determine total amount outstanding and deemed trust portion. Summary of claims received as at 2023-05-12 showed no deemed trust amount received yet. — debtor: McKay Career Training Inc. | $63.9K | Trustee's Preliminary Report |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
6 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 12 May 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distributionconditional | Estimatedper the trustee | Trustee's Preliminary Report · 12 May 2023 |
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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| 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., “McKay Career Training Inc.” (Bankruptcy). Retrieved 6 November 2026, https://proceedings.ca/case/mckay-career-training-inc