Taccom Rapid Deployment Protection Group Inc.
Follow- Proceeding
- ProposalSection 50(5) of the Bankruptcy and Insolvency Act
- File
- 31-2858238
Taccom Rapid Deployment Protection Group Inc. filed a Division I proposal on August 22, 2022 under section 50(5) of the Bankruptcy and Insolvency Act, with MNP Ltd. as Proposal Trustee and the matter before the Ontario Superior Court of Justice in Bankruptcy and Insolvency under court file 31-2858238. The proceeding is active. Unaudited internal figures put total assets at $171,614 and liabilities at $430,943 as at May 31, 2022, against $246,953 and $291,218 a year earlier. The sworn Statement of Affairs as at the filing date reports total creditor indebtedness of $664,552 — secured $118,514, unsecured $546,035, contingent $3 — with cash at bank of $118,513.65 as the only asset. Canada Revenue Agency asserts a deemed trust claim of $191,650.80 for unremitted source deductions, ranking ahead of other creditors, and former employees are owed $5,328.22 in wages, $4,000 of which would rank as a super-priority claim under section 81.3 in a bankruptcy.
Commencement of the proceeding: Taccom filed a Proposal under the BIA, with a court officer report filed the same day.
Source: The Report to Creditors dated
Debtor
Taccom Rapid Deployment Protection Group Inc.
Proposal trustee
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesDeemed trust claim for unremitted source deductions (per SOA List B); portion relating to interest/penalties and employer's CPP/EI portion is unsecured — Deemed trust class claim, ranks in priority to all creditors in bankruptcy; classified as secured on SOA. Aggregate CRA/HST/corporate tax arrears stated elsewhere as approximately $384,000 before accrued interest. — debtor: Taccom Rapid Deployment Protection Group Inc. · as of 22 Aug 2022 | $192K | The Report to Creditors dated |
| 4 | Secured | Former employees (outstanding wages) · in 15 casesClassified as secured on SOA but subordinated to unsecured claims given limited net asset/value of security — Of this amount, $4,000 would be a super-priority secured claim under Section 81.3 of the BIA in a bankruptcy, with the balance being a preferred claim under Subsection 136(1) of the BIA. On SOA, classified as secured but effectively subordinated. — debtor: Taccom Rapid Deployment Protection Group Inc. · as of 22 Aug 2022 | $5.33K | The Report to Creditors dated |
| 8 | Unsecured | Unsecured creditors (aggregate as reported) · in 532 casesDocument does not itemize individual unsecured creditors. Majority relates to balance of CRA's claim for source deductions arrears, HST, and corporate tax; balance relates to potential termination pay claims by employees (reflected at $1 each for privacy) and potential subrogated claim of Service Canada under WEPP (estimate only). — debtor: Taccom Rapid Deployment Protection Group Inc. · as of 22 Aug 2022 | $546K | The Report to Creditors dated |
| 8 | Unsecured | Contingent creditors (Anna Hicks, Amy Hicks, Ron Lampman - wrongful dismissal actions and alleged loans) · in 5 casesRelates to unliquidated damages from wrongful dismissal actions and alleged loans made by Anna Hicks and Ron Lampman; loan agreements show borrower as 'Taccom Consultants' (a different business venture) but payments were made by the Company and loans appear on Company's internal financial statements. Disputed/contingent nature noted. — debtor: Taccom Rapid Deployment Protection Group Inc. · as of 22 Aug 2022 | — | The Report to Creditors dated |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Unsecured creditors: a distribution.Under the plan · sanctionedOrder Approving Proposal dated · 21 Feb 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Preferred | — | — | paid in full | Under the plansanctionedper the court | Order Approving Proposal dated · 21 Feb 2023 |
| Unsecured | — | — | a distributionconditional | Under the plansanctionedper the court | Order Approving Proposal dated · 21 Feb 2023 |
| Unsecured | Related Party Creditors | — | no distribution | Under the plansanctionedper the court | Order Approving Proposal dated · 21 Feb 2023 |
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.
As at 24 Jan 2023 · per Fair realizable value (assets) and claims filed and accepted for voting purposes only, subject to final determination for distribution purposes (liabilities) · entity - Taccom Rapid Deployment Protection Group Inc. — Assets comprise Cash $66,829.91 and Retainer $40,000.00 held by MNP. Liabilities as per SOA (Aug 22, 2022) were Secured $118,513.65, Preferred NIL, Unsecured $546,035.63, Contingent $3.00, Total $664,552.28; as claims filed and accepted at Jan 24, 2023 the figures changed to Secured $216,884.88, Preferred NIL, Unsecured $206,673.25, Contingent NIL, Total $423,558.13. Claims still subject to final determination for distribution purposes.
| Date | Document | File |
|---|---|---|
Endorsement of Associate Justice Ilchenko dated
| ||
| Fresh as Amended Order Approving Proposal dated | ||
Order Approving Proposal dated
| ||
| Cover Letter dated | ||
| Notice of Hearing of Application for the Court Approval of Proposal | ||
Report for Approval of Proposal dated
| ||
Amended Proposal dated
| ||
Amended Report to Creditors dated
| ||
Creditor's Package
| ||
The Report to Creditors dated
| ||
| Certificate of Filing the Proposal | ||
| The Proposal dated | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Taccom Rapid Deployment Protection Group Inc.” (Proposal), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/taccom