British Columbia · Bankruptcy

Notice of Bankruptcy

Notice to creditors · 5 May 2025

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What we verified from this filing53 verified · 3 withheld

appointeeCrowe MacKay & Company Ltd.
provinceBritish Columbia
financial positionnote: Secured creditors $150,000.00; unsecured creditors $7,030,537.86; preferred/priorities $0.00; contingent/trust claims $0.00; total liabilities $7,180,537.86; deficiency of $7,030,537.86 · page: 2 · as at: 2025-05-01 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · scope: Entity - Cedar Organics Ltd. · currency: CAD · total assets: 150000 · total liabilities: 7180537.86
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 50326.73 · debtor: Cedar Organics Ltd. · creditor: Argentina Gold · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 19990 · debtor: Cedar Organics Ltd. · creditor: Avail CPA LLP · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 26496.12 · debtor: Cedar Organics Ltd. · creditor: Accelerated Quality Solutions · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1898.06 · debtor: Cedar Organics Ltd. · creditor: ANC · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 20000 · debtor: Cedar Organics Ltd. · creditor: Aqnva Nova Industries · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 20522.46 · debtor: Cedar Organics Ltd. · creditor: Ayming Canada · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 10000 · debtor: Cedar Organics Ltd. · creditor: Backcountry Harvest · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: 2162162 Alberta Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 546603 · debtor: Cedar Organics Ltd. · creditor: 860858 Alberta Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 417001 · debtor: Cedar Organics Ltd. · creditor: 958763 Alberta Ltd. · currency: CAD
secured creditorsnote: Total claim of $908,242.83 (unsecured $758,242.83 + secured $150,000.00); taxes incurred 24-Apr-2025; deemed trust class · page: 5 · as of: 2025-05-01 · amount: 150000 · debtor: Cedar Organics Ltd. · creditor: CRA - Tax - Pacific · currency: CAD · security: Deemed trust / secured portion of claim per Statement of Affairs; asset securing liability listed as items 1301, 501
unsecured creditorsnote: Estimated deficit from security of -1.00 shown · page: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: Common Roots Extracts Inc. · currency: CAD
unsecured creditorsnote: Taxes Federal/Provincial/Municipal; deemed trust class · page: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 37288.17 · debtor: Cedar Organics Ltd. · creditor: CRA - GST/HST - Vancouver · currency: CAD
unsecured creditorsnote: Unsecured portion of total claim $908,242.83 (also has secured portion $150,000.00, see secured_creditors); taxes incurred 24-Apr-2025; deemed trust class · page: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 758242.83 · debtor: Cedar Organics Ltd. · creditor: CRA - Tax - Pacific · currency: CAD
unsecured creditorspage: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 700 · debtor: Cedar Organics Ltd. · creditor: Darren Belisle · currency: CAD
unsecured creditorspage: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 13176.68 · debtor: Cedar Organics Ltd. · creditor: Columbia Fuels · currency: CAD
unsecured creditorspage: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 19609.88 · debtor: Cedar Organics Ltd. · creditor: BC Ministry of Finance (Property Tax) · currency: CAD
unsecured creditorspage: 5 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 6568.65 · debtor: Cedar Organics Ltd. · creditor: Caro Analytical Services · currency: CAD
unsecured creditorspage: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 9139.42 · debtor: Cedar Organics Ltd. · creditor: FTL Distribution Co · currency: CAD
unsecured creditorspage: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2500 · debtor: Cedar Organics Ltd. · creditor: Gary Huth · currency: CAD
unsecured creditorspage: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: Go Daddy · currency: CAD
unsecured creditorspage: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 25665.17 · debtor: Cedar Organics Ltd. · creditor: Health Canada - Sante Canada · currency: CAD
unsecured creditorsnote: Possible related party (Dunlop entities share address with Island Properties/Dunlop Ventures) · page: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 289570.32 · debtor: Cedar Organics Ltd. · creditor: Doug Dunlop Leasing Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 4407 · debtor: Cedar Organics Ltd. · creditor: High North Laboratories · currency: CAD
unsecured creditorsnote: Taxes Federal/Provincial/Municipal · page: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: HIS MAJESTY THE KING IN RIGHT OF CANADA · currency: CAD
unsecured creditorsnote: Possible related party; largest listed unsecured claim · page: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2244089.79 · debtor: Cedar Organics Ltd. · creditor: Dunlop Ventures Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 11950.06 · debtor: Cedar Organics Ltd. · creditor: Fortis BC · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 420 · debtor: Cedar Organics Ltd. · creditor: Nextleaf Solutions Ltd. · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 56225.05 · debtor: Cedar Organics Ltd. · creditor: Hofmann Consulting · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: Insight Building Services · currency: CAD
unsecured creditorsnote: Shares address with 860858 Alberta Ltd. - possible related party · page: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 265450 · debtor: Cedar Organics Ltd. · creditor: Island Properties · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1033.59 · debtor: Cedar Organics Ltd. · creditor: Kristina Kasting Consulting · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: Link365 Limited · currency: CAD
unsecured creditorsnote: Taxes Federal/Provincial/Municipal · page: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: Ministry of Finance - PST - British Columbia · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2525.08 · debtor: Cedar Organics Ltd. · creditor: Mont & Walker Law Corporation · currency: CAD
unsecured creditorspage: 7 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 374.86 · debtor: Cedar Organics Ltd. · creditor: Neogen · currency: USD
unsecured creditorsnote: Second-largest listed unsecured claim; possible related party (Holdings Ltd.) · page: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2020000 · debtor: Cedar Organics Ltd. · creditor: Rim Holdings (Ion Holdings Ltd.) · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 9295.05 · debtor: Cedar Organics Ltd. · creditor: Robinson Rentals and Sales · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2125.61 · debtor: Cedar Organics Ltd. · creditor: Pro-Cert Organic Systems · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 452.82 · debtor: Cedar Organics Ltd. · creditor: Orkin Canada · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2085.58 · debtor: Cedar Organics Ltd. · creditor: Ontario Cannabis Retail Corporation · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 8195.26 · debtor: Cedar Organics Ltd. · creditor: Rosebud · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 71904.3 · debtor: Cedar Organics Ltd. · creditor: Receivables Management Office - Sonja Shaw · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 29716.82 · debtor: Cedar Organics Ltd. · creditor: Receiver General For Canada - Excise · currency: CAD
unsecured creditorspage: 8 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 109.08 · debtor: Cedar Organics Ltd. · creditor: Purolator Inc. · currency: CAD
unsecured creditorspage: 9 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 50.34 · debtor: Cedar Organics Ltd. · creditor: Summit Custom Brokers · currency: CAD
unsecured creditorsnote: Lease nature of liability · page: 9 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 1 · debtor: Cedar Organics Ltd. · creditor: Salt Capital Inc. O/A Capital Now Cannabisc · currency: CAD
unsecured creditorspage: 9 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 2500 · debtor: Cedar Organics Ltd. · creditor: Southern Irrigation · currency: CAD
unsecured creditorspage: 9 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 411.6 · debtor: Cedar Organics Ltd. · creditor: Technical Safety BC · currency: CAD
unsecured creditorspage: 9 · as of: 2025-05-01 · basis: Statement of Affairs as reported · amount: 21909.48 · debtor: Cedar Organics Ltd. · creditor: Work Safe BC · currency: CAD

3 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.