Proceedings.

Rural Routes Brewing Company Ltd.

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
File
24-2903615
Filings held3
Last activity23 Jan 2023
On the record1,337 days
Secured debt$102K
OverviewSummary updated

Rural Routes Brewing Company Ltd., an Alberta brewer, made an assignment in bankruptcy under section 49 of the Bankruptcy and Insolvency Act on January 23, 2023, under court file no. 24-2903615. The Statement of Affairs (Business Bankruptcy) sworn by Braden Folk, stated as at January 18, 2023, puts total assets at $108,500.00 against total liabilities of $465,046.28, a deficiency of $356,546.28, with no preferred creditors and no contingent liabilities. Unsecured claims total $365,045.28, led by Schrader Holdings Ltd. at $167,896.00, ATB Leduc across three accounts, a CRA Prairies deemed trust claim of $57,248.00, and a related-party claim of $40,434.00 by Braden Folk. Equirex Leasing Corp. claims $102,388.33 against a canning machine valued at $100,000.00, with the $2,388.33 balance ranking unsecured; CLE Capital Inc. holds a pasta machine valued at $7,499.00. The bankruptcy remains active.

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Case updates3 dated entries
Parties

Debtor

Rural Routes Brewing Company Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredEquirex Leasing Corp. · in 6 casesOther - Canning Machine; estimated value of security $100,000.00 — Statement of Affairs List B as stated and estimated by the officer; balance of claim $2,388.33 also listed as unsecured claim (bifurcated secured/unsecured by security valuation) — debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$102KCreditor Notice Package
4SecuredCLE Capital Inc. · in 18 casesOther - Pasta Machine; estimated value of security $7,499.00 (per List B) / $7,500.00 (per List H) — Statement of Affairs List B as stated and estimated by the officer; estimated surplus from security $7,499.00 — debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$1Creditor Notice Package
8UnsecuredSchrader Holdings Ltd.debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$168KCreditor Notice Package
8UnsecuredATB Leducdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$60KCreditor Notice Package
8UnsecuredCRA - Tax - Prairies · in 86 casesDeemed trust / CRA tax claim — debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$57.2KCreditor Notice Package
8UnsecuredBraden FolkIndividual creditor also identified as bankrupt/officer swearing the statement; related-party — debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$40.4KCreditor Notice Package
8UnsecuredATB Leduc (897-00380213278)debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$14.1KCreditor Notice Package
8UnsecuredEconolease Financial Services Inc. · in 4 casesdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$9KCreditor Notice Package
8UnsecuredMcLennan Ross LLP · in 10 casesdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$4.2KCreditor Notice Package
8UnsecuredSVS Group LLP · in 3 casesdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$4.15KCreditor Notice Package
8UnsecuredShaw Direct Communications Inc. · in 6 casesdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$3.76KCreditor Notice Package
8UnsecuredEquirex Leasing Corp. · in 6 casesBalance of claim after deducting secured portion; same creditor also listed under secured claims (bifurcated by security valuation) — debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$2.39KCreditor Notice Package
8UnsecuredKeg Logisticsdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$839Creditor Notice Package
8UnsecuredWCB Workers Compensation Board of Alberta · in 49 casesRegulatory/quasi-governmental claim — debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$404Creditor Notice Package
8UnsecuredATB Leduc (897-00218004979)debtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$384Creditor Notice Package
8UnsecuredABSA Group Limiteddebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$147Creditor Notice Package
8UnsecuredCANADIAN AND UNIFORM SERVICEdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$123Creditor Notice Package
8UnsecuredKolin Krokisdebtor: Rural Routes Brewing Company Ltd. · as of 18 Jan 2023$1Creditor Notice Package
Estate financialsReported figures — never derived
Total assets at filing$109K
Total liabilities at filing$465K

As at 18 Jan 2023 · per Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer, sworn by Braden Folk · Rural Routes Brewing Company Ltd., entity-level — Deficiency of $356,546.28; total unsecured creditors $365,045.28 (including balance of secured claims of $2,388.33 per List B); preferred creditors nil; contingent/other liabilities nil

Documents3 filings
DateDocumentFile
Blank Proof of Claim
  • Court file no 24-2903615
PDF
Certificate of Appointment
  • Appointee MNP Ltd / MNP Ltée
  • Appointee role trustee
  • Commencement date 23 January 2023
  • Court file no 24-2903615
  • + 1 more extracted fact
PDF
Creditor Notice Package
  • Court file no 24-2903615
  • Financial position Assets $109K · Liabilities $465K · as at 18 Jan 2023 · per Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer, sworn by Braden Folk · Rural Routes Brewing Company Ltd., entity-level — Deficiency of $356,546.28; total unsecured creditors $365,045.28 (including balance of secured claims of $2,388.33 per List B); preferred creditors nil; contingent/other liabilities nil
  • Proceeding type bia_bankruptcy
  • Province Alberta
  • + 3 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Rural Routes Brewing Company Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/rural-routes-brewing-company-ltd

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/rural-routes-brewing-company-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.