Shopost Ltd

Shopost Ltd, a Manitoba company, is in bankruptcy under the BIA with PricewaterhouseCoopers as trustee. As at the date of the trustee's report, claims filed comprised $131,312.74 in secured claims, $1,095,623.36 in unsecured claims, and nil preferred claims. The Canada Revenue Agency has filed a deemed trust claim of $761,254.17 for arrears up to June 30, 2019, reported separately as a property claim; the trustee anticipates CRA will amend and increase it for arrears accruing between July 1, 2019 and the date of bankruptcy. Canadian Western Bank holds security over revolving demand loan, corporate credit card and non-revolving equipment facilities. Related parties Wolfgang Rolke, Devyn Rolke, Janet Brunger and 3830684 Manitoba Ltd. have registrations on the Manitoba Personal Property Registry. Rolke, a shareholder and director, provided a $31,500 third-party deposit. Former employees are owed approximately $176,000 in wages, benefits, vacation and termination pay, of which roughly $34,000 may attract BIA s.81.3 super-priority.