Proceedings.

Weatherguard Exteriors Inc.

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Active
Proceeding
BankruptcyBankruptcy and Insolvency Act
Court
Supreme Court of British Columbia
File
11-2806711
Filings held5
Last activity17 Mar 2022
On the record1,676 days
Secured debt$1.87M
OverviewSummary updated

Weatherguard Exteriors Inc. has been in bankruptcy under the Bankruptcy and Insolvency Act since February 22, 2022, with MNP Ltd. acting as Licensed Insolvency Trustee in the Supreme Court of British Columbia in Bankruptcy and Insolvency, court file 11-2806711. Bank of Montreal holds a general security agreement registered April 9, 2020 and was owed approximately $997,000 at the date of bankruptcy, with interest and costs continuing to accrue. Silver Sky Investments Ltd., controlled by director Bradley McDonald, claims $1,874,500 under a general security agreement registered October 27, 2021 that is subordinate to BMO's. The Trustee estimated a CRA deemed trust claim of $27,000 over unremitted payroll source deductions. The Statement of Affairs reports unsecured creditors of $1,409,282; the Trustee's narrative puts total unsecured claims at approximately $3.5 million including estimated secured creditor deficiencies. Proofs of claim filed as of 3pm on March 14, 2022 totalled $348,268.52.

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Case updates5 dated entries
Parties

Debtor

Weatherguard Exteriors Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)CRA - Tax - Pacific · in 71 casesDebts Due - Business - Accounts Receivable & Holdbacks; estimated value of security $25,000.00 (no unsecured shortfall). — Canada Revenue Agency — deemed-trust / Crown tax class, ranks ahead of ordinary security. Also listed at nominal $1.00 in List A (creditor #17). · as of 18 Feb 2022$25KNotice of Bankruptcy
4SecuredSilversky Investments Ltd.Blanket security over furniture, security deposits, computer equipment, motor vehicles, machinery & equipment, stock-in-trade/inventory, 2018 Dodge Ram Promaster Cargo 3C6URVJG1JE124956 (est. $10,200), GENIE S-65 units, 2016 Dodge Ram 1500 Sport Crew, Yale forklift, accounts receivable & holdbacks — nearly all estimated at $0 value (est. value of security ~$10,200). — Largely unsecured: balance of claim (unsecured shortfall) $1,864,300.00 is ALSO listed separately in List A (creditor #64) — cross-reference; do not double-count. Registered at the debtor's own premises (B145 5525 272nd Street, L · as of 18 Feb 2022$1.87MNotice of Bankruptcy
4SecuredBMO Financial Group (Operating Loan) · in 18 casesGeneral security. Estimated value of security across: business assets - stock-in-trade/inventory (est. $350,000), machinery & equipment (est. $30,000), computer equipment (est. $5,000); motor vehicles - 2016 Dodge Ram 1C6RR7GG4GS253093 (est. $15,000), 2002 Kenworth flat deck 2NKMHZ8X42M966971 (est. $7,000), 2016 Dodge Ram 1500 Sport Crew 1C6RR7UT1GS121958 (est. $9,500), Yale forklift MSW040SFN24TV087 (est. $6,000), GENIE S-65 units (est. $0); security deposits (est. $1,500), office furniture (est. $500), accounts receivable & holdbacks (est. $325,000). Components not summed. — Operating loan. · as of 18 Feb 2022$980KNotice of Bankruptcy
4SecuredMeridian Onecap Credit Corporation (formerly Roynat Lease Finance - Toronto) · in 27 casesBusiness assets - machinery: GENIE / S-65 (S6012-23466, est. $30,000), GENIE / S-65 (S6012-23744, est. $30,000), Yale forklift MSW040SFN24TV087 (est. $2,000). Components not summed; no unsecured shortfall. — Equipment lease financier; c/o Chelsey Spence. · as of 18 Feb 2022$62KNotice of Bankruptcy
4SecuredW.S. LeasingMotor vehicle - 2016 Dodge Ram 1500 Sport Crew VIN 1C6RR7UT1GS121958; estimated value of security $5,500.00 (no unsecured shortfall). — Same 2016 Dodge Ram 1500 Sport Crew VIN also appears within BMO's security (List B #1). · as of 18 Feb 2022$5.5KNotice of Bankruptcy
4SecuredFraser City Motors Ltd. · in 4 casesMotor vehicle - 2016 Dodge Ram Promaster Cargo VIN 3C6URVJG1JE124956; estimated value of security $4,800.00 (no unsecured shortfall). · as of 18 Feb 2022$4.8KNotice of Bankruptcy
7Preferred (BIA s. 136)Preferred Equipment RepairsTrade creditor (name only; not a BIA preferred-claim class). · as of 18 Feb 2022$18.7KNotice of Bankruptcy
8UnsecuredSilversky Investments Ltd.Unsecured shortfall (balance of claim) of Silversky's secured claim — see List B #5 (secured claim $1,874,500). Listed with unsecured claim $0.00 and balance of claim $1,864,300.00; do not double-count. Registered at the debtor's own premises (B145 5525 272nd Street) — possible related party. · as of 18 Feb 2022$1.86MNotice of Bankruptcy
8UnsecuredFraser Valley Building Suppliesas of 18 Feb 2022$418KNotice of Bankruptcy
8UnsecuredBMO Financial Group (Operating Loan) · in 18 casesUnsecured shortfall (balance of claim) of BMO's secured operating loan — see List B #1 (secured claim $980,000). Listed with unsecured claim $0.00 and balance of claim $230,500.00; do not double-count. · as of 18 Feb 2022$231KNotice of Bankruptcy
8UnsecuredB McDonald PCRegistered at the debtor's own premises (B145 5525 272nd Street, Langley) — possible related party. · as of 18 Feb 2022$200KNotice of Bankruptcy
8UnsecuredB.C. Building Products Ltd.as of 18 Feb 2022$118KNotice of Bankruptcy
8UnsecuredBig Hammer Construction Supply Inc.Registered at the debtor's own premises (B145 5525 272 St, Langley) — possible related party. · as of 18 Feb 2022$117KNotice of Bankruptcy
8UnsecuredKaycan Ltd.as of 18 Feb 2022$61.7KNotice of Bankruptcy
8UnsecuredDick's Lumber · in 5 casesas of 18 Feb 2022$45.2KNotice of Bankruptcy
8UnsecuredB.C. Rentals Ltdas of 18 Feb 2022$43.4KNotice of Bankruptcy
8UnsecuredReceiver General - PRReceiver General for Canada (CRA payroll source deductions) — deemed-trust / Crown class. · as of 18 Feb 2022$35.2KNotice of Bankruptcy
8UnsecuredSamson Metals Ltd. · in 2 casesas of 18 Feb 2022$34.6KNotice of Bankruptcy
8UnsecuredGraham and Sons Exteriors Ltd.as of 18 Feb 2022$33.5KNotice of Bankruptcy
8UnsecuredBrad McDonaldIndividual; registered at the debtor's own premises (B145 5525 272ND Street, Langley) — possible related party. · as of 18 Feb 2022$30KNotice of Bankruptcy
8UnsecuredKlassen Building Supplies Ltd.as of 18 Feb 2022$29KNotice of Bankruptcy
8UnsecuredNiklas PehlIndividual. · as of 18 Feb 2022$26.3KNotice of Bankruptcy
8UnsecuredUnited Rentals, Inc.as of 18 Feb 2022$24.7KNotice of Bankruptcy
8UnsecuredVirutcham Construction Groupas of 18 Feb 2022$17KNotice of Bankruptcy
8UnsecuredGiltco Exteriors Ltd.as of 18 Feb 2022$16.7KNotice of Bankruptcy
8UnsecuredRoyal Works Construction Ltd.as of 18 Feb 2022$16.4KNotice of Bankruptcy
8UnsecuredGentek Building Products Ltdas of 18 Feb 2022$14.6KNotice of Bankruptcy
8UnsecuredWhite Cap Supply Canada Inc. · in 12 casesas of 18 Feb 2022$13.5KNotice of Bankruptcy
8UnsecuredCountry Lumberas of 18 Feb 2022$12.9KNotice of Bankruptcy
8UnsecuredCanada Scaffold Supply Co. Ltd.as of 18 Feb 2022$12.7KNotice of Bankruptcy
8UnsecuredFederated Co-Operatives Limited · in 7 casesas of 18 Feb 2022$8.61KNotice of Bankruptcy
8UnsecuredCooper Equipment Rentals · in 11 casesas of 18 Feb 2022$8.52KNotice of Bankruptcy
8UnsecuredSilver Side Exterior Incas of 18 Feb 2022$7.63KNotice of Bankruptcy
8UnsecuredLowes Exteriorsas of 18 Feb 2022$7.33KNotice of Bankruptcy
8UnsecuredWeatherguard Gutters IncRegistered at the debtor's own premises (B145 5525 272nd Street, Langley); name closely related to the debtor — possible related party. · as of 18 Feb 2022$5.67KNotice of Bankruptcy
8UnsecuredBayview Auto Towingas of 18 Feb 2022$5.63KNotice of Bankruptcy
8UnsecuredHilti Canada Corporation · in 14 casesas of 18 Feb 2022$5.06KNotice of Bankruptcy
8UnsecuredSunbelt Rentals, Inc · in 3 casesas of 18 Feb 2022$4.12KNotice of Bankruptcy
8UnsecuredMidway Tirecraftas of 18 Feb 2022$3.27KNotice of Bankruptcy
8UnsecuredKMS Tools & Equipment · in 2 casesas of 18 Feb 2022$3.02KNotice of Bankruptcy
8UnsecuredPyramid Safety Incas of 18 Feb 2022$2.54KNotice of Bankruptcy
8UnsecuredRoy's Mobile Auto Services Inc.as of 18 Feb 2022$1.69KNotice of Bankruptcy
8UnsecuredRising Crane Ltd.as of 18 Feb 2022$1.66KNotice of Bankruptcy
8UnsecuredSky-Hi Scaffolding Ltdas of 18 Feb 2022$1.61KNotice of Bankruptcy
8UnsecuredKova Engineering · in 4 casesas of 18 Feb 2022$1.27KNotice of Bankruptcy
8UnsecuredEsthers Sheet Metal Ltd.as of 18 Feb 2022$706Notice of Bankruptcy
8UnsecuredEuropean Sharpening · in 2 casesas of 18 Feb 2022$622Notice of Bankruptcy
8UnsecuredCheetah Transport Ltd · in 2 casesas of 18 Feb 2022$504Notice of Bankruptcy
8UnsecuredGroundstar Express Ltd.as of 18 Feb 2022$419Notice of Bankruptcy
8UnsecuredUrbanex (GCOC) Holdings Corp.as of 18 Feb 2022$133Notice of Bankruptcy
8UnsecuredOno Work & Safetyas of 18 Feb 2022$84Notice of Bankruptcy
8UnsecuredFastenal Canada Ltd · in 8 casesas of 18 Feb 2022$64Notice of Bankruptcy
8UnsecuredLawrence, GeorgeIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredPritchett, JasonIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredWorkSafeBC - Collections Department · in 52 casesWorkers' compensation (statutory/regulatory) claim; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredRafi, MohammedIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGraham, GordonIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGraham, PamelaIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredWidenmaier, Josiah KevinIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredJim Pattison Industries Ltd. dba Jim Pattison Lease · in 7 casesAttn: Ion Lazar; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredLingelbach, AshtonIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredLandrie, CameronIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredBrickell, SeanIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredChristie, JesseIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredMammadov, KhaligIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredCooper, ColeIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredAlthaus, JaykobIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredCRA - Tax - Pacific · in 71 casesCanada Revenue Agency — deemed-trust / Crown tax class. Listed at nominal $1.00 in List A; also holds a $25,000 secured claim (List B #2). · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredAkbari, Saed EhsanIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredDreger, VincentIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredElder, StephenIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredMinistry of Finance - PST - British Columbia · in 56 casesProvince of BC — PST (Crown / deemed-trust tax class); listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGalt, DaylenIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGalt, DennisIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredMinistry of Finance - PST - British Columbia (EHT) · in 56 casesProvince of BC — Employer Health Tax (EHT), Crown tax class; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGhanizadah, MohammadIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGhanizhdah, As lam MohammaIndividual; listed at nominal $1.00. Name transcribed as printed. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredGraham, WilliamIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
8UnsecuredHowell, MichaelIndividual; listed at nominal $1.00. · as of 18 Feb 2022$1Notice of Bankruptcy
RecoveriesAs stated in the filings

Unsecured creditors: no distribution. Meridian no distribution.EstimatedTrustee's Preliminary Report · 15 Mar 2022

ClassCreditorClaimsRecoveryBasisSource
SecuredMeridian—no distributionper the trusteeTrustee's Preliminary Report · 15 Mar 2022
Landlordunpaid landlords—no distributionEstimatedper the trusteeTrustee's Preliminary Report · 15 Mar 2022
Unsecured——no distributionEstimatedper the trusteeTrustee's Preliminary Report · 15 Mar 2022

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.

Estate financialsReported figures — never derived
Total assets at filing$857K
Total liabilities at filing$4.36M

As at 18 Feb 2022 · per Form 78 Statement of Affairs (Business Bankruptcy) — liabilities and assets as stated and estimated by the officer · Single entity: Weatherguard Exteriors Inc. — Total liabilities 4,361,082.37; Total assets (estimated to produce) 857,000.00; Deficiency 3,504,082.37; Surplus NIL. Liabilities build-up per the SOA: unsecured creditors (List A) 1,409,282.37 + balance of secured claims (List B unsecured shortfall) 2,094,800.00 = total unsecured 3,504,082.37; plus secured creditors (List B, estimated value of security) 857,000.00; preferred (List C) 0.00; contingent (List D) 0.00. List B secured claims total (amount of claim) 2,951,800.00, of which 857,000.00 is estimated secured value and 2,094,800.00 is unsecured shortfall carried into List A (BMO $230,500

Documents5 filings
DateDocumentFile
Minutes of the First Meeting of Creditors
  • Financial position Assets $857K · Liabilities $4.36M · per Statement of Affairs (management's estimate) as at the Date of Bankruptcy · Entity-level: Weatherguard Exteriors Inc. bankrupt estate (non-consolidated) — Statement of Affairs asset components: Inventory $350,000, Accounts Receivable $350,000, Machinery and Equipment $103,000, Vehicles $52,000, Furniture $500, Security Deposits $1,500. Liabilities per Statement of Affairs: Secured $2,951,800, Unsecured $1,409,282, Total $4,361,082; as of claims filed with the Trustee as of 3pm March 14, 2022: Secured $98,982.96, Unsecured $348,268.52, Total $447,251.48. Trustee notes Company's AR was reported at $1,400,000 of which only $350,000 was considered collectable by management; unsecured creditors reported at approximately $3.5 million including estimated deficiency claims of secured creditors.
  • Recovery outcome Entries: per estimated · Table missing:
PDF
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 22 February 2022
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA IN BANKRUPTCY AND INSOLVENCY
  • + 5 more extracted facts
PDF
Employee InformationPDF
Notice of Bankruptcy
  • Financial position Assets $857K · Liabilities $4.36M · as at 18 Feb 2022 · per Form 78 Statement of Affairs (Business Bankruptcy) — liabilities and assets as stated and estimated by the officer · Single entity: Weatherguard Exteriors Inc. — Total liabilities 4,361,082.37; Total assets (estimated to produce) 857,000.00; Deficiency 3,504,082.37; Surplus NIL. Liabilities build-up per the SOA: unsecured creditors (List A) 1,409,282.37 + balance of secured claims (List B unsecured shortfall) 2,094,800.00 = total unsecured 3,504,082.37; plus secured creditors (List B, estimated value of security) 857,000.00; preferred (List C) 0.00; contingent (List D) 0.00. List B secured claims total (amount of claim) 2,951,800.00, of which 857,000.00 is estimated secured value and 2,094,800.00 is unsecured shortfall carried into List A (BMO $230,500 as List A #8; Silversky $1,864,300 as List A #64). Assets (estimated to produce): inventory 350,000, A/R estimated to produce 350,000 (good 250,000 / doubtful 150,000 / bad 1,000,000), machinery/equipment/plant 103,000, furniture 500, vehicles 52,000, other/security deposits 1,500. Date basis: SOA sworn 18 February 2022 and states affairs 'on the date of the bankruptcy, on the 18th day of February 2022'; the assignment/date of bankruptcy is actually 22 February 2022, 14:04 per Form 68, the Certificate of Appointment and Form 21; 2022-02-18 used as as_at.
  • Secured creditors $5.5K · Note: Same 2016 Dodge Ram 1500 Sport Crew VIN also appears within BMO's security (List B #1). · Page: 13 · As of: 2022-02-18 · Creditor: W.S. Leasing · Security: Motor vehicle - 2016 Dodge Ram 1500 Sport Crew VIN 1C6RR7UT1GS121958; estimated value of security $5,500.00 (no unsecured shortfall).
  • Unsecured creditors $200K · Note: Registered at the debtor's own premises (B145 5525 272nd Street, Langley) — possible related party. · Page: 7 · As of: 2022-02-18 · Basis: Form 78 List A (Unsecured Creditors) as stated by the officer · Creditor: B McDonald PC
PDF
Proof of Claim Form
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 18 February 2022
  • Province British Columbia
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Weatherguard Exteriors Inc.” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/weatherguard-exteriors

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Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/weatherguard-exteriors

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.