McKevitt Trucking Limited made a voluntary assignment in bankruptcy on June 15, 2026, at 13:55 (court file no. 21-3386207), under section 49 of the Bankruptcy and Insolvency Act, with Grant Thornton Limited acting as licensed insolvency trustee. A Statement of Affairs as at October 16, 2024, reported total assets of $244,177.17 against total liabilities of $8,527,379.48, a deficiency of $8,283,202.31. The bulk of that debt is owed to two secured lenders: Mo-Ann Holdings Ltd., holding a $5,782,589.79 claim of which $57,813.54 is secured, and 5019653 Ontario Inc., holding a $1,591,787.90 claim of which $186,113.63 is secured. Many smaller creditors, including the Canada Revenue Agency and Royal Bank of Canada, are listed at a nominal $250.00.
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The officer filed a report. McKevitt ceased all shipping operations in October 2024 due to an industry-wide economic downturn and subsequently liquidated its fleet and freight assets through auctions, brokers, and related-party transfers, leading to a voluntary assignment in bankruptcy in June 2026. Court file 21-3386207.
Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/mckevitt-trucking-limited
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