Proceedings.

Trident Processes Inc.

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Active
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
File
S219174
Filings held12
Last activity20 Jun 2025
On the record2,188 days
Secured debtSubscribers
OverviewSummary updated

Trident Processes Inc. has been under court-appointed receivership since October 28, 2020, on the application of Export Development Canada, which the Receivership Order describes as a secured creditor and which claims CAD 3,204,312.51 secured against the company's described properties and general assets. Ford Credit Canada Ltd. also holds security over those assets. The known-creditor list filed in the proceedings identifies unsecured claims headed by Lee's Contracting/Fabricating Inc. at CAD 563,811.22, Farm Credit Canada at CAD 141,000.00, Jiangsu Benenv Environmental Technologies Co., Ltd. at CAD 102,951.03, HSBC at CAD 40,000.00 and Vincent Corporation at CAD 31,734.17, alongside a CAD 24,081.53 claim by Trident Processes LLC, an entity in which the debtor holds shares, and CAD 19,697.38 owing to the Receiver General. The receivership remains active.

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Case updates12 dated entries
Parties

Debtor

Trident Processes Inc.

Receiver

PwC

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredExport Development Canada · in 105 casesSecurity on the properties described and general assets of the Company. EDC is also the Petitioner, described in the Receivership Order as 'a secured creditor'. — Amount per Form 87 para 5 and Appendix B creditor list (both CAD 3,204,312.51); date is the receivership appointment date. — debtor: Trident Processes Inc. · as of 28 Oct 2021$3.2MNotice and Statement of Receiver
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

33 more claims in 2 classes The stack holds Secured and Unsecured claims.

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This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

RecoveriesAs declared or paid

EDC: no recovery.FinalReceiver's First-Final Report · 2 May 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredEDC—no recoveryFinalper the receiverReceiver's First-Final Report · 2 May 2025

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.

Documents
12 filings
DateDocumentFile
Order Made After Application
  • Presiding officer Justice Tammen
PDF · Subscribers
Notice of Application
  • Applicant PricewaterhouseCoopers Inc.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role receiver and manager
  • Commencement date 28 October 2021
  • + 3 more extracted facts
PDF · Subscribers
Affidavit #1 of N. BunkerPDF · Subscribers
Affidavit #2 of P. ReardonPDF · Subscribers
Receiver's First-Final Report
  • Recovery outcome Entries: per actual · Stated on: 2025-05-02 · Table missing:
PDF · Subscribers
Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Entered Notice of HearingPDF · Subscribers
Entered Affidavit #1 of Azadeh KharazmiPDF · Subscribers
Entered Affidavit #1 of W. KarwalaPDF · Subscribers
Entered Petition
  • Applicant Export Development Canada
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Receiver and Manager
  • Commencement date 25 October 2021
  • + 2 more extracted facts
PDF · Subscribers
Entered Requisition - Short Notice ApplicationPDF · Subscribers
Receivership Order
  • Presiding officer Justice Warren
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., “Trident Processes Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 25 October 2026, https://proceedings.ca/case/trident-processes-inc

Sources last checked · summary updated 1 October 2026 · Report a correction · Printed from proceedings.ca/case/trident-processes-inc

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.

Trident Processes Inc. — Receivership | Proceedings.