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
The officer filed report no. Second Report. Mermac Construction Ltd. is bankrupt (voluntary assignment June 14, 2023) and no longer operates; the report addresses Sage's lien application, asserting Mermac is owed $2,498,259.70 by Sage for lienable work and that only subtrade liens #1 to #7 are valid. Court file 2301 – 07899.
Source: Second Report - Sage
Debtor
Mermac Construction Ltd.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax - Prairies (10364 2872 RP0001) · in 87 casesNot proved; deemed-trust class quasi-governmental claim (payroll remittance account) — debtor: Mermac Construction Ltd. · as of 14 Jun 2023 | $8.35K | Trustees Report on Preliminary Administration |
| 4 | Secured | |||
| 4 | Secured | |||
| 5 | PMSI / lessors | |||
| 6 | Landlord preferred | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
173 more claims in 4 classes The stack holds Deemed trusts (CRA and other), Secured, PMSI / lessors, Landlord preferred and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans| 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 4 November 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.