North American Steel Erectors Inc.

North American Steel Erectors Inc. remains in bankruptcy before the Court of King's Bench of Alberta under file BK01 095206, with proceedings active. The company's Statement of Affairs (Form 78), sworn August 9, 2021 and stated as at July 29, 2021, showed total assets of $768,410.03 against total liabilities of $7,233,602.15, a deficiency of $6,465,192.12 on the face of the form. Secured claims include Roynat Inc. at $2,375,100.00, The Bank of Nova Scotia at $1,772,852.50 and a CRA deemed trust claim of $1,178,538.82 against estimated security of $524,410.03. List A unsecured creditors total $1,024,998.88 and List C preferred wage and related claims total $38,009.96, with no contingent liabilities listed. On May 30, 2022, Steeve Toupin, a director-level creditor of the company, brought an application under sections 37 and 38 of the Bankruptcy and Insolvency Act.