S I Logistics Inc.
Follow- Proceeding
- BankruptcyBankruptcy and Insolvency Act, RSC 1985, c B-3
- File
- VLC-S-B-250141
S I Logistics Inc. became bankrupt at 09:19 on April 15, 2025, under the Bankruptcy and Insolvency Act, with the proceeding carried in the Supreme Court of British Columbia under court file VLC-S-B-250141. The case remains active. The record to date establishes the date and time of bankruptcy, the governing statute, the British Columbia forum and the file number, and nothing further has been entered on it.
Bankruptcy took effect at 09:19, fixing the date of bankruptcy and starting the BIA proceeding in British Columbia.
Same-day entry placing the matter on the Supreme Court of British Columbia's record under court file VLC-S-B-250141.
Source: Entered Bankruptcy Order
Debtor
S I Logistics Inc.
Trustee in bankruptcy
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorRoyal Bank of Canada | MLT Aikins LLP | 15 Apr 2025 | Order · 15 Apr 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 926 casesDeemed trust claim/property claim over unremitted payroll source deductions — Deemed trust class; ranks in priority to all other creditors. Trustee has not yet received a proof of claim from CRA and amount owing is unconfirmed — debtor: S I Logistics Ltd. | — | Preliminary Report to Creditors |
| 4 | Secured | Secured creditors (aggregate per Statement of Affairs) · in 35 casesas of Statement of Affairs as filed — SOA-reported total secured creditors; not broken down by individual creditor in the document. No proofs of claim from secured creditors filed as of May 7, 2025 (Filed column shows Nil) — debtor: S I Logistics Ltd. | $667K | Preliminary Report to Creditors |
| 4 | Secured | GNC Truck and Trailer Repairs Inc.Repairer's Lien Act security interest — Security interest EXPIRED/lapsed as of February 23, 2025 — not current security at date of bankruptcy — debtor: S I Logistics Ltd. · as of 28 Feb 2025 | $9.49K | Preliminary Report to Creditors |
| 4 | Secured | Employees (Wage Earners) · in 185 casesStatutory security under BIA s.81.3(1) over Company assets, to the extent of $2,000 per employee, for wages/vacation pay/compensation for services in the six months preceding bankruptcy — Trustee has not received information regarding Company's employees; amount unknown — debtor: S I Logistics Ltd. | — | Preliminary Report to Creditors |
| 4 | Secured | Royal Bank of Canada (RBC) · in 556 casesGeneral Security Agreement (blanket all-property registrant) — Individual amount not stated; included within the Statement of Affairs aggregate secured creditors figure of $667,325. RBC separately agreed under a Directive 16 arrangement to pay the Trustee's fees and expenses (p.4) — debtor: S I Logistics Ltd. · as of 28 Feb 2025 | — | Preliminary Report to Creditors |
| 4 | Secured | TFG Financial Corporation · in 17 casesPPSA registration over a specific vehicle — Individual amount not stated in the report; included within the Statement of Affairs aggregate secured creditors figure of $667,325 — debtor: S I Logistics Ltd. · as of 28 Feb 2025 | — | Preliminary Report to Creditors |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesas of Statement of Affairs as filed — Document names no individual unsecured creditors. Statement of Affairs lists several unsecured creditors at a nominal $1 each based on publicly available information because the Company did not provide a complete creditor list. Separately, proofs of claim filed totalled $674,564 as of 5:00pm PST May 7, 2025 (one proof of claim filed) — a filed-but-unadjudicated figure — debtor: S I Logistics Ltd. | $5 | Preliminary Report to Creditors |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
As at 15 Apr 2025 · per Draft Statement of Affairs (Form 78), totals as stated and estimated by bankrupt/debtor · entity - S I Logistics Ltd. — Statement of Affairs lists all individual asset categories (cash, receivables, inventory, equipment, etc.) at 0.00, with 'Total of lines 1 to 13' = 0.00; liabilities: secured creditors 1.00, unsecured creditors 667,329.22, total liabilities 667,330.22; the form's bottom line labeled 'Surplus' shows 667,330.22 despite liabilities exceeding assets, an apparent labeling/OCR inconsistency in the source table.
| Date | Document | File |
|---|---|---|
Certificate of Filing of a Bankruptcy Order
| ||
Creditor's Package
| ||
Preliminary Report to Creditors
| ||
Entered Bankruptcy Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “S I Logistics Inc.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/s-i-logistics-ltd