The Bownesian Ltd.
Follow- Proceeding
- BankruptcySubsection 102(1) of the Act
- File
- 25-2842173
The Bownesian Ltd.'s bankruptcy proceeding rests on a Statement of Affairs sworn as at June 24, 2022, showing total liabilities of $555,934.49 against assets of $93,607.41, a stated deficiency of $462,327.08. Secured claims are held by De Lage Landen Financial Services Canada Inc., Servus Credit Union Ltd., RBC Royal Bank, The Grocery People Ltd., Federated Co-Operatives Limited and Business Development Bank of Canada, all against cash on hand; several of these claims are bifurcated, with unsecured balances carried to the unsecured creditor list once security values are applied. Unsecured claims also include a $60,000 CEBA loan owed to the CRA, $11,563.65 to Waste Solutions Canada, and nominal claims from the CRA and Go Beyond Collection Agency. No further procedural history has been recorded.
Debtor
The Bownesian Ltd.
Trustee in bankruptcy
Hudson & Company Insolvency Trustees
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Business Development Bank of Canada · in 241 casesParticulars of security listed as "Cash on Hand" — Estimated value of security stated as $0.00; entire balance of claim ($313,935.53) carries forward to List A as unsecured (bifurcated secured/unsecured by security valuation). — debtor: The Bownesian Ltd. · as of 24 Jun 2022 | $314K | Creditor Package |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Creditor Package
| 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., “The Bownesian Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/the-bownesian-ltd