Mid Canada Millwork Ltd.

Active

Proceeding: BankruptcySubsection 102(1) of the Act
File: BK 16-01-04178

Filings held2

Last activity28 Oct 2016

On the record3,615 days

OverviewSummary updated 19 August 2026

Mid Canada Millwork Ltd. is in bankruptcy in Manitoba, commenced October 28, 2016 under section 50.4(7) of the Bankruptcy and Insolvency Act, with MNP Ltd. acting as Licensed Insolvency Trustee under court file BK 16-01-04178. The Statement of Affairs for the single entity, as at October 31, 2016, shows assets of $7,015,000.00 against liabilities of $15,333,254.94, a reported deficiency of $8,318,254.94. Secured claims include the Business Development Bank of Canada at $6,000,000.00, secured against the Steinbach building and other assets; TD Canada Trust, claiming $3,400,000.00 with a $2,385,000.00 balance after security; Formations Inc. at $791,911.61; and Intact Insurance at $494,378.68. A list of 181 unsecured creditors totals $4,434,408.51, led by the Canada Revenue Agency at $1,066,901.44, and 144 former employees hold preferred wage claims aggregating $212,555.14. The proceeding remains active.

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Case updates2 dated entries

28 Oct 2016

#Claims

A claims process was approved for the bankruptcy, on a date the record also records as a commencement date for the proceeding.

Source: Notice of Bankruptcy and First Meeting of Creditors

27 Sep 2016

#Report

Court officer report filed, a month ahead of the October 28, 2016 commencement of the bankruptcy of Mid Canada Millwork Ltd.

Source: Material Adverse Change Report

Parties

Debtor

Mid Canada Millwork Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Business Development Bank of Canada · in 241 casesReal property/immovable - Building Steinbach 78 PTH 52W; business assets - machinery, equipment, furniture & fixtures; debts due - accounts receivable; inventory; motor vehicles — Balance of claim not shown (fully secured against estimated $6,000,000 real property value) — debtor: Mid Canada Millwork Ltd. · as of 31 Oct 2016	$6M	Notice of Bankruptcy and First Meeting of Creditors

5 more claims across lower-ranking classesSubscribe to view⁠

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents2 filings

Date	Document	File
1 Nov 2016	Notice of Bankruptcy and First Meeting of Creditors Appointee MNP Ltd. Appointee role trustee Commencement date 28 October 2016 Court file no BK 16-01-04178 + 5 more extracted facts	PDF · Subscribers

12 Oct 2016	Material Adverse Change Report Appointee MNP Ltd. Appointee role Licensed Insolvency Trustee Commencement date 27 September 2016 Court file no BK 16-01-04178 + 2 more extracted facts	PDF · Subscribers

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CiteProceedings., “Mid Canada Millwork Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/mid-canada-millwork-ltd