#Claims
Creditors met on the date of bankruptcy, MNP Ltd. acting as trustee of the estate of McKay Career Training Inc.
Source: Creditors Package
McKay Career Training Inc.
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 23-2937625
OverviewSummary updated
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.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Report
Court officer report filed, recording the commencement of the proceeding as of 09:46 on April 27, 2023.
Source: Certificate of Appointment
#Report
A second court officer report was filed the same day; its contents are not set out in the record.
Source: Trustee's Preliminary Report
Parties
Debtor
McKay Career Training Inc.
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Business Development Bank of Canada (BDC) · in 241 casesGeneral Security Agreement registered at PPR on 2010-10-22 — Amount described as 'estimated sum' — debtor: McKay Career Training Inc. | $29K | Trustee's Preliminary Report |
6 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings
Unsecured 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.
Documents3 filings
| 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 20 September 2026, https://proceedings.ca/case/mckay-career-training-inc