British Columbia · Bankruptcy

Notice of Bankruptcy

Notice to creditors · 13 March 2024

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appointeeCrowe MacKay & Company Ltd.
appointee roletrustee
commencement date13 March 2024
provinceBritish Columbia
statutory basisSubsection 102(1) of the Act
financial positionnote: Total unsecured creditors (List A + Balance of secured claims) $854,181.29; secured creditors (List B) $451,520.21; preferred creditors (List C) $190.00; deficiency stated as $701,844.57 · page: 2 · as at: 2024-03-12 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer · scope: Abraxas Enterprises Ltd. (single entity) · currency: CAD · total assets: 604046.93 · total liabilities: 1305891.5
unsecured creditorsnote: Balance of claim shown here is the unsecured deficiency after security; General Bank of Canada also holds a secured claim of $42,595.34 (see secured_creditors) · page: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 2595.34 · debtor: Abraxas Enterprises Ltd. · creditor: General Bank of Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 166.87 · debtor: Abraxas Enterprises Ltd. · creditor: A C E Courier Services · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 28245.38 · debtor: Abraxas Enterprises Ltd. · creditor: American Express · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1651.55 · debtor: Abraxas Enterprises Ltd. · creditor: BDO Canada LLP · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 26658.68 · debtor: Abraxas Enterprises Ltd. · creditor: Blackwell Construction · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 337346.04 · debtor: Abraxas Enterprises Ltd. · creditor: Business Development Bank of Canada · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 11244.84 · debtor: Abraxas Enterprises Ltd. · creditor: CARON · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 2419.07 · debtor: Abraxas Enterprises Ltd. · creditor: City of Penticton · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 249.62 · debtor: Abraxas Enterprises Ltd. · creditor: Cloverdale Paint Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 12059.6 · debtor: Abraxas Enterprises Ltd. · creditor: Cornerstone Homes · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 28557.41 · debtor: Abraxas Enterprises Ltd. · creditor: Deer Valley Holdings · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1041.35 · debtor: Abraxas Enterprises Ltd. · creditor: Distinctive Wood Designs Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 4189.73 · debtor: Abraxas Enterprises Ltd. · creditor: E. Roko Distributors Ltd · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 125.04 · debtor: Abraxas Enterprises Ltd. · creditor: Ecosan Hygiene Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 4621.01 · debtor: Abraxas Enterprises Ltd. · creditor: Fortis BC Energy Inc. - Natural Gas · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 9344.15 · debtor: Abraxas Enterprises Ltd. · creditor: Elaine & Ron Kluchka · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 16601.94 · debtor: Abraxas Enterprises Ltd. · creditor: Chamberlain Builders · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1510.19 · debtor: Abraxas Enterprises Ltd. · creditor: Inland Pacific Electric(1995) Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 18702.93 · debtor: Abraxas Enterprises Ltd. · creditor: Greyledge Custom Homes Inc · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 14551.68 · debtor: Abraxas Enterprises Ltd. · creditor: Greyback Construction Ltd · currency: CAD
unsecured creditorspage: 3 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 23809.52 · debtor: Abraxas Enterprises Ltd. · creditor: Grant Neilson · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 72.35 · debtor: Abraxas Enterprises Ltd. · creditor: Shaw Business · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 578.36 · debtor: Abraxas Enterprises Ltd. · creditor: Innov8 Digital Solutions Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 115 · debtor: Abraxas Enterprises Ltd. · creditor: Jason Selles · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 4177.53 · debtor: Abraxas Enterprises Ltd. · creditor: Joan & Pete Cotterill · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 5340.76 · debtor: Abraxas Enterprises Ltd. · creditor: John & Irena Saliken · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 500.37 · debtor: Abraxas Enterprises Ltd. · creditor: Lordco Parts Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 5103.65 · debtor: Abraxas Enterprises Ltd. · creditor: Marathon Fasteners & Hardware · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 15662.54 · debtor: Abraxas Enterprises Ltd. · creditor: McKillican Canadian Inc · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 7644 · debtor: Abraxas Enterprises Ltd. · creditor: Meridian Onecap Credit Corporation (formerly Roynat Lease Finance - Toronto) · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 10244.23 · debtor: Abraxas Enterprises Ltd. · creditor: Mike Paul · currency: CAD
unsecured creditorsnote: Provincial sales tax; regulatory/quasi-governmental claim · page: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1329.84 · debtor: Abraxas Enterprises Ltd. · creditor: Ministry of Finance - PST - British Columbia · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 91084.58 · debtor: Abraxas Enterprises Ltd. · creditor: MOUNTAIN ENTERPRISE LTD c/o Locke Property Management Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 2371.13 · debtor: Abraxas Enterprises Ltd. · creditor: Northern Computer · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 2498.72 · debtor: Abraxas Enterprises Ltd. · creditor: Omega Coatings Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 9325.78 · debtor: Abraxas Enterprises Ltd. · creditor: Petro Canada · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 6146.99 · debtor: Abraxas Enterprises Ltd. · creditor: Precision Glass · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 21.17 · debtor: Abraxas Enterprises Ltd. · creditor: Premier Finishing Solutions · currency: CAD
unsecured creditorsnote: Balance of claim shown here is the unsecured deficiency after security; RCAP Leasing Inc. also holds a secured claim of $51,843.05 (see secured_creditors) · page: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 22484.27 · debtor: Abraxas Enterprises Ltd. · creditor: RCAP Leasing Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 16987.1 · debtor: Abraxas Enterprises Ltd. · creditor: Richelieu Hardware Canada Ltd · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 20.11 · debtor: Abraxas Enterprises Ltd. · creditor: Rogers Business · currency: CAD
unsecured creditorspage: 4 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1509.42 · debtor: Abraxas Enterprises Ltd. · creditor: Skaha Ford · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 859.17 · debtor: Abraxas Enterprises Ltd. · creditor: Windsor Plywood · currency: CAD
unsecured creditorsnote: Government-backed CEBA loan, unsecured per this listing · page: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 60000 · debtor: Abraxas Enterprises Ltd. · creditor: The Bank of Nova Scotia (CEBA LOAN) · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 22051.46 · debtor: Abraxas Enterprises Ltd. · creditor: Upper Canada Forest Products Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 2240 · debtor: Abraxas Enterprises Ltd. · creditor: Wel-Kat Lift Truck Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1214.7 · debtor: Abraxas Enterprises Ltd. · creditor: Waste Connections of Canada Inc. · currency: CAD
unsecured creditorsnote: Regulatory quasi-debt (WorkSafeBC) · page: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 1 · debtor: Abraxas Enterprises Ltd. · creditor: WorkSafeBC - Collections Department · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 565.78 · debtor: Abraxas Enterprises Ltd. · creditor: Staples · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 15758.65 · debtor: Abraxas Enterprises Ltd. · creditor: Style-Line Manufacturing Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 283.71 · debtor: Abraxas Enterprises Ltd. · creditor: Telus Communications Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2024-03-12 · basis: Statement of Affairs List A as reported · amount: 2296.98 · debtor: Abraxas Enterprises Ltd. · creditor: Telus Mobility · currency: CAD
secured creditorspage: 6 · as of: 2024-03-12 · amount: 46369.6 · debtor: Abraxas Enterprises Ltd. · creditor: TD Equipment Finance Canada · currency: CAD · security: Holzher Sprint 1329 Edgebander (given 23-Sep-2019)
secured creditorspage: 6 · as of: 2024-03-12 · amount: 34344.27 · debtor: Abraxas Enterprises Ltd. · creditor: Hardwoods Specialty Products · currency: CAD · security: Inventory; motor vehicles - automobile; inventory WIP; office equipment; software/programs and subscriptions; accounts receivable; equipment and machinery (given 14-Mar-2014)
secured creditorsnote: Balance of claim after security realization shown as 22,484.27 · page: 6 · as of: 2024-03-12 · amount: 51843.05 · debtor: Abraxas Enterprises Ltd. · creditor: RCAP Leasing Inc. · currency: CAD · security: Computers and server equipment (given 17-Nov-2023)
secured creditorsnote: Balance of claim after security realization shown as 2,595.34 · page: 6 · as of: 2024-03-12 · amount: 42595.34 · debtor: Abraxas Enterprises Ltd. · creditor: General Bank of Canada · currency: CAD · security: 2019 Ford F150 (given 09-Mar-2021)
secured creditorsnote: Deemed trust / CRA source deductions claim · page: 6 · as of: 2024-03-12 · amount: 112758.43 · debtor: Abraxas Enterprises Ltd. · creditor: CRA - Tax - Pacific Source deductions · currency: CAD · security: Equipment and machinery; showroom and office fixtures; office equipment; software/programs and subscriptions; inventory; inventory WIP; accounts receivable; motor vehicles - automobile (all given 12-Mar-2024)
secured creditorsnote: Estimated surplus from security shown as 11,152.65 · page: 7 · as of: 2024-03-12 · amount: 18847.35 · debtor: Abraxas Enterprises Ltd. · creditor: The Bank of Nova Scotia (Vehicle Loan) · currency: CAD · security: 2018 Ford Escape (given 29-Dec-2022)
secured creditorspage: 7 · as of: 2024-03-12 · amount: 169841.78 · debtor: Abraxas Enterprises Ltd. · creditor: The Bank of Nova Scotia (Current A/C & Business VISA) · currency: CAD · security: Equipment and machinery; inventory; inventory WIP; office equipment; showroom and office fixtures; software/programs and subscriptions; accounts receivable; motor vehicles - automobile (given 04-Mar-2008)
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Paul Sands · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Shaun P Barron · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Paul JA Boivin · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Shannon Pearce · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Ben J Dirk · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Christopher M Ploner · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Dennis Sandhals · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Greg A. Aird · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Ian McLaren · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Kimberley A Fourchalk · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Long Thanh Tran · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Matt Abraham · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Maurette M LaForest · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Michael J Carleton · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Michael Prince · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Patrick Miron · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 8 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Paul D Munro · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 9 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Theresa MacKenzie · currency: CAD
unsecured creditorsnote: preferred creditor for wages · page: 9 · as of: 2024-03-12 · basis: Statement of Affairs List C as reported · amount: 10 · debtor: Abraxas Enterprises Ltd. · creditor: Employee - Tara Sjoberg · currency: CAD