British Columbia · NOI
Affidavit #1 of Jon Eaton
Affidavit · 9 February 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- secured creditorsnote: Two component balances stated, not summed by document: term loan $5,434,375 and line of credit $1,182,974.31, both as of February 1, 2026 · page: 11 · as of: 2026-02-01 · debtor: Canwest Tanks & Ecological Systems Ltd. · creditor: Toronto-Dominion Bank (TD) · currency: CAD · security: First-ranking general security agreement dated November 12, 2021, registered in the BC Personal Property Registry under base registration number 337693N
- secured creditorsnote: Described elsewhere as Canwest's subordinated secured lender; subordination confirmed by Priority, Subordination and Standstill Agreement dated November 12, 2021 among TD, FWCU, Canwest and 132 · page: 11 · as of: 2026-02-01 · amount: 3000000 · debtor: Canwest Tanks & Ecological Systems Ltd. · creditor: FWCU Capital Corp. (FWCU) · currency: CAD · security: Second-ranking general security agreement dated November 12, 2021, registered in the BC Personal Property Registry under base registration number 358811N
- secured creditorsnote: Aggregated class comprising: Mitsubishi HC Capital Canada Leasing Inc. ($56,191.14, reg. #513367Q) and Toyota Industries Commercial Finance Canada, Inc. ($28,710.96, reg. #249573Q), each securing separate vehicle financing as of February 1, 2026 · page: 11 · as of: 2026-02-01 · debtor: Canwest Tanks & Ecological Systems Ltd. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Specific security agreements over separately financed vehicles, registered in the BC Personal Property Registry
- financial positionnote: Only an asset summary with total net book value is stated in this excerpt; no single total-liabilities figure is given. Unsecured debts itemized separately as of January 14, 2026: VTB Notes principal $2,989,146.90 (unsecured) plus accrued interest $678,332.03, trade payables $839,343.24, shareholder loan to 2J Canyon Ranches Ltd. $3,100,000, accrued vacation pay/employer health tax $52,458.84 - not summed per document. · page: 20 · as at: 2026-02-04 · basis: net book value (asset summary as of February 4, 2026) · scope: Canwest Tanks & Ecological Systems Ltd. (entity level) · currency: CAD · total assets: 1284931.12