Reliance Logistics Inc. is in bankruptcy under the BIA, commenced March 18, 2026, following a notice of intention to make a proposal under which a Proposal Trustee was appointed. An order was made in the proceeding on January 29, 2026. Unaudited financial information provided by management, not audited or reviewed by the Proposal Trustee, put total assets at $9,125,919 against total liabilities of $16,307,408 as at December 31, 2025. Royal Bank of Canada holds a general security agreement over all assets and was owed $1,700,000 on its operating line at that date, and was proposed to rank ahead of the Administration Charge. Daimler Truck Financial Services Canada Corporation, the primary financier of the fleet, was owed approximately $3,000,000 at the NOI filing date. The Canada Revenue Agency asserts a deemed trust claim, with employee source deductions payable of $3,759,512 at December 31, 2025; requirements to pay issued to Reliance's customers on December 4, 2025 impaired cash flow and have since been cancelled. Bank of Montreal Transportation Finance, Tpine Leasing Capital Corporation, CLE Capital Inc. and other lessors hold serialized equipment registrations in unquantified amounts.
The officer filed report no. Trustee's Preliminary Report to Creditors. Reliance Logistics Inc., a trucking company, ceased operations upon deemed bankruptcy on March 19, 2026 after failing to file a proposal following its NOI filing; the Trustee found no realizable assets at the former business location and is now administering the wind-down, including assessing receivables and equipment subject to security interests.
9 earlier updates, back to 18 March 2026 — subscribers.
Debtor
Reliance Logistics Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 926 casesDeemed trust claim for employee source deductions — Listed by Proposal Trustee among 'current priority and secured creditors'; prose in report approximates this as '$3,000,000'; balance sheet states exact figure 'Employee source deductions payable' $3,759,512 as at Dec 31, 2025; deemed trust class. CRA also issued requirement-to-pay notices (RTPs) to customers on Dec 4, 2025, since cancelled. — debtor: Reliance Logistics Inc. · as of 31 Dec 2025 | $3.76M | Proposal Trustee's First Report to the Court |
Unsecured creditors: no recovery.EstimatedTrustee's Preliminary Report to Creditors · 7 Apr 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no recovery | Estimatedper the trustee | Trustee's Preliminary Report to Creditors · 7 Apr 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Cash on hand
$0
As at 7 Apr 2026Trustee's Preliminary Report to Creditors
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
| Material Adverse Change Report of the Proposal Trustee | PDF · Subscribers | |
| Service List – dated 2026-03-05 | PDF · Subscribers | |
| Service List | PDF · Subscribers | |
Order - Extension of Time to File Proposal and Administrative Charge
| PDF · Subscribers | |
Proposal Trustee's First Report to the Court
| PDF · Subscribers | |
Affidavit #1 of J Sanghera
| PDF · Subscribers | |
Notice of Motion Stay Extension
| PDF · Subscribers | |
| Creditors Package | PDF · Subscribers | |
| Certificate of Filing a Notice of Intention to make a Proposal | PDF · Subscribers | |
| Notice of Intention to File a Proposal | 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., “Reliance Logistics Inc.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/reliance-logistics-inc
Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/reliance-logistics-inc
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.