Millénum Construction Inc. is subject to a bankruptcy under the BIA. Its Statement of Affairs, sworn June 13, 2023, reported total assets of $69,482.70 against total liabilities of $84,254,145.44, leaving a deficiency of $84,184,662.74. The unsecured creditor pool comprises List A claims of $71,254,145.44 plus the $13,000,000.00 balance of a claim owed to Fonds de Financement d'Entreprises Fiera FP S.E.C., whose underlying security was valued by the officer at $0.00 and so was carried forward as unsecured deficiency. No other secured, preferred, or contingent/trust claims were recorded on the file.
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The officer filed report no. Rapport au sujet de l'administration préliminaire du syndic. The debtor ceased its construction operations at the end of February 2023 and temporarily laid off its employees in March 2023, with the trustee still analyzing receivables, advances, and work in progress. Court file 200-11-028624-230.
Fonds de Financement d'Entreprises Fiera FP S.E.C.Claim balance of $13,000,000.00 recorded 'per list B'; Statement of Affairs states 'Secured creditors as per list B' = $0.00 (no value assigned to security) — Bifurcated secured/unsecured claim by security valuation: officer estimated the security value at $0.00, and the full $13,000,000.00 balance was carried into the 'Total unsecured creditors' figure as a deficiency (see unsecured_creditors entry for same creditor). — debtor: Millénum Construction Inc. · as of 14 Jun 2023
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Notice of bankruptcy and first meeting of creditors [ ]
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CiteProceedings., “Millenum Construction Inc.” (Bankruptcy), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/millenum-construction-inc
Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/millenum-construction-inc
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