Mermac Construction Ltd. is the subject of insolvency proceedings in which a trustee's claims register, current as of June 14, 2023, sets out three secured creditors and a lengthy list of unsecured claims. Bank of Montreal is registered as first-ranking secured creditor for $142,943.72, Tricor Lease & Finance Corp. holds a purchase money security interest of $40,950.00 on a 2019 Ford F-150, and Trisura Guarantee Insurance Company is registered second for a nominal $1.00; none of the three secured claims had been proved as of the report date. The unsecured register includes admitted dividend claims such as HMC Lawyers LLP at $296,165.07 and McLenna Ross LLP at $131,958.31, alongside a large number of trade and individual claims recorded as not proved.
The officer filed report no. Third Report of the Trustee. The Trustee's report reconciles Mermac's construction costs and sub-trade invoices for the Sage project to verify lien claims, and recommends that the lien security now be paid out and distributed to creditors with proven claims.
Source: Third Report - Sage
2 earlier updates, back to 14 June 2023 — subscribers.
Debtor
Mermac Construction Ltd.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Bank of Montreal (BMO Financial Group) c/o BankruptcyHighway.com · in 279 casesFirst-ranking secured creditor; general security agreement over all present and after-acquired property (per PPR review) — Not proved (no proof of claim filed as of report date). BMO also appears in unsecured claims register for $831,301.18 (general/deficiency claim) and $60,000.00 (CEBA loan), suggesting the total BMO debt is bifurcated between secured and unsecured portions. — debtor: Mermac Construction Ltd. · as of 14 Jun 2023 | $143K | Trustees Report on Preliminary Administration |
| Date | Document | File |
|---|---|---|
Third Report - Sage
| PDF · Subscribers | |
Second Report - Sage
| PDF · Subscribers | |
First Report - Sage
| PDF · Subscribers | |
| Creditor Package - Mermac Construction Ltd. | PDF · Subscribers | |
Trustees Report on Preliminary Administration
| 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., “Mermac Construction Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/mermac-construction-ltd
Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/mermac-construction-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.