Ontario · Bankruptcy

Bankruptcy Creditors Package

Notice to creditors · 6 March 2017

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appointeeGrant Thornton Limited
appointee roletrustee
commencement date6 March 2017
court file no21-2225009
provinceOntario
statutory basisSubsection 102(1) of the Act
financial positionnote: Deficiency of $1,142,134.00 as stated; total unsecured creditors $1,619,627.00, secured claims balance $0.00, preferred creditors $7.00, contingent liabilities $1.00 · page: 2 · as at: 2017-03-04 · basis: Statement of Affairs, as stated and estimated by the officer · scope: 2192498 Ontario Ltd. (single entity, bankrupt) · currency: CAD · total assets: 738001 · total liabilities: 1880135
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 4270 · debtor: 2192498 Ontario Ltd. · creditor: BDO Canada LLP · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 647 · debtor: 2192498 Ontario Ltd. · creditor: Bell Canada F-88 - Business · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 3000 · debtor: 2192498 Ontario Ltd. · creditor: Bill Dietrich · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 899 · debtor: 2192498 Ontario Ltd. · creditor: Busch's Automotive · currency: CAD
unsecured creditorsnote: Same creditor also holds secured claim per List B · page: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 17343 · debtor: 2192498 Ontario Ltd. · creditor: Charlie's Truck & Tractor Sales · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 3661 · debtor: 2192498 Ontario Ltd. · creditor: Constant Trucking Company Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 15 · debtor: 2192498 Ontario Ltd. · creditor: Courtesy Freight Systems · currency: CAD
unsecured creditorsnote: Deemed trust class; CRA also holds separate secured claim per List B · page: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 12000 · debtor: 2192498 Ontario Ltd. · creditor: CRA - Canada Revenue Agency - Tax - Ontario · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 29307 · debtor: 2192498 Ontario Ltd. · creditor: DeGagne Construction · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 263 · debtor: 2192498 Ontario Ltd. · creditor: Devlin Automotive & Truck Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 96 · debtor: 2192498 Ontario Ltd. · creditor: Don Tucker · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 259 · debtor: 2192498 Ontario Ltd. · creditor: Atikokan Hydro Inc. · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 615 · debtor: 2192498 Ontario Ltd. · creditor: Atikokan Home-N-Cottage · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 81930 · debtor: 2192498 Ontario Ltd. · creditor: Gilbertson Enterprises · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 10000 · debtor: 2192498 Ontario Ltd. · creditor: Gobe Corporation · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 343 · debtor: 2192498 Ontario Ltd. · creditor: Intercity Industrial Supply · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 1503 · debtor: 2192498 Ontario Ltd. · creditor: Itec 2000 / Midwest Hydraulics · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 1579 · debtor: 2192498 Ontario Ltd. · creditor: Johnsons Esso · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 9363 · debtor: 2192498 Ontario Ltd. · creditor: Karl Bjorkman · currency: CAD
unsecured creditorsnote: Rent to Own · page: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 20000 · debtor: 2192498 Ontario Ltd. · creditor: Karl George · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 19421 · debtor: 2192498 Ontario Ltd. · creditor: Andre Tardiff Agency Ltd. · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 6580 · debtor: 2192498 Ontario Ltd. · creditor: Auto Parts Central · currency: CAD
unsecured creditorspage: 3 · as of: 2017-03-04 · basis: Statement of Affairs, List A - Unsecured Creditors as stated and estimated by the officer · amount: 193 · debtor: 2192498 Ontario Ltd. · creditor: Air Liquide Canada Incorporated-Ontario · currency: CAD
unsecured creditorsnote: Regulatory quasi-debt (WSIB) · page: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 5000 · debtor: 2192498 Ontario Ltd. · creditor: Workplace Safety and Insurance Board · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 3200 · debtor: 2192498 Ontario Ltd. · creditor: Lakewood Tire Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 9069 · debtor: 2192498 Ontario Ltd. · creditor: Leon DeGagne Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 12677 · debtor: 2192498 Ontario Ltd. · creditor: M & C Motors · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 27094 · debtor: 2192498 Ontario Ltd. · creditor: M & M Coulson · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 10679 · debtor: 2192498 Ontario Ltd. · creditor: Melvin Williamson Timber Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 17560 · debtor: 2192498 Ontario Ltd. · creditor: Mine Centre Resort · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 867 · debtor: 2192498 Ontario Ltd. · creditor: Nanicost · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 13964 · debtor: 2192498 Ontario Ltd. · creditor: Nortrax Canada Incorporated · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 3147 · debtor: 2192498 Ontario Ltd. · creditor: Pete Dickson's Load N Haul · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 1251305 · debtor: 2192498 Ontario Ltd. · creditor: Rainy Lake Tribal Development Corporation · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 131 · debtor: 2192498 Ontario Ltd. · creditor: Sight and Sound · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 2517 · debtor: 2192498 Ontario Ltd. · creditor: Stan Bates Construction Ltd. · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 172 · debtor: 2192498 Ontario Ltd. · creditor: Tbaytel · currency: CAD
unsecured creditorsnote: TD also holds separate secured claims per List B · page: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 4234 · debtor: 2192498 Ontario Ltd. · creditor: TD Canada Trust Visa c/o BankruptcyHighway.com · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 8616 · debtor: 2192498 Ontario Ltd. · creditor: The Great Bear · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 1153 · debtor: 2192498 Ontario Ltd. · creditor: Thunder Bay Truck Centre Inc. · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 17359 · debtor: 2192498 Ontario Ltd. · creditor: Tramin Limited · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 174 · debtor: 2192498 Ontario Ltd. · creditor: Union Gas · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 6784 · debtor: 2192498 Ontario Ltd. · creditor: Warburton Holdings · currency: CAD
unsecured creditorspage: 4 · as of: 2017-03-04 · basis: Statement of Affairs, List A · amount: 638 · debtor: 2192498 Ontario Ltd. · creditor: Wilson's Business Solutions · currency: CAD
secured creditorsnote: Additional collateral categories listed with estimated surplus values (Cash $47,000.00, Trade Fixtures $1,000.00, Accounts Receivable $1.00, Construction/Forestry Equipment $350,000.00); components not summed · page: 5 · as of: 2017-03-04 · amount: 156000 · debtor: 2192498 Ontario Ltd. · creditor: TD Canada Trust c/o BankruptcyHighway.com (loan #1FF2454DHE0240184) · currency: CAD · security: Business Assets - Machinery - 2013 John Deere 2454D Log Loader; also Cash on Hand - Chequing - TD Bank, Business Assets - Trade Fixtures - Office Furniture, Debts Due - Business - Accounts Receivable, Business Assets - Machinery - Construction and Forestry Equipment
secured creditorsnote: Deemed trust class (CRA); estimated value of security $10,000.00; estimated surplus from security $34,000.00 · page: 5 · as of: 2017-03-04 · amount: 10000 · debtor: 2192498 Ontario Ltd. · creditor: CRA - Canada Revenue Agency - Tax - Ontario · currency: CAD · security: Business Assets - Machinery - 2013 John Deere 2454D Log Loader
secured creditorsnote: Estimated value of security $20,000.00; no surplus/balance stated · page: 5 · as of: 2017-03-04 · amount: 20000 · debtor: 2192498 Ontario Ltd. · creditor: Charlie's Truck & Tractor Sales · currency: CAD · security: Business Assets - Machinery - 2013 John Deere 290 Excavator
secured creditorsnote: Estimated surplus from security $39,500.00 · page: 5 · as of: 2017-03-04 · amount: 500 · debtor: 2192498 Ontario Ltd. · creditor: Town of Atikokan · currency: CAD · security: Real Property or Immovable - Building and Land - Atikokan - 629 MacKenzie Avenue E
secured creditorsnote: Estimated surplus from security $6,000.00 · page: 5 · as of: 2017-03-04 · amount: 74000 · debtor: 2192498 Ontario Ltd. · creditor: TD Canada Trust c/o BankruptcyHighway.com (loan #1FF290GXLDD70578) · currency: CAD · security: Business Assets - Machinery - 2013 John Deere 290 Excavator
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Bob Calder · currency: CAD
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C - Preferred Creditors for Wages, Rent, etc. · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Amanda Smith · currency: CAD
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Fred Dennis · currency: CAD
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: George Gurnett · currency: CAD
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Larry Sawdo · currency: CAD
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Mike Huitikka · currency: CAD
unsecured creditorsnote: Preferred creditor (employee wages) · page: 6 · as of: 2017-03-04 · basis: Statement of Affairs, List C · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Ron Tattrie · currency: CAD
unsecured creditorsnote: Contingent liability - Breach of Contract; amount stated as $1.00 nominal/estimated · page: 7 · as of: 2017-03-04 · basis: Statement of Affairs, List D - Contingent or Other Liabilities · amount: 1 · debtor: 2192498 Ontario Ltd. · creditor: Rentech Inc. · currency: CAD
proceeding typebia_bankruptcy