Saskatchewan · Interim receivership
Climate Smart Services - Notice and Statement of Interim Receiver
Notice to creditors · 13 June 2025
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 filing9 verified
- financial positionnote: Total unsecured creditors reported as $1,456,783 plus Due to entities under common control $17,751 = Total Liabilities $1,474,533 (page 2); Appendix 'A' itemised listing sums to only $150,543 (page 3), a materially different and much smaller figure than the $1,456,783 unsecured total reported on page 2 - both are as stated in the document and not reconciled therein. · page: 1 · basis: unaudited books and records of CS Services; net book value may not represent fair market value; liabilities figure not a final determination of creditor claims · scope: entity-level, CS Services (Climate Smart Services Inc.) only · currency: CAD · total assets: 225856 · total liabilities: 1474533
- unsecured creditorsnote: From Appendix 'A'; claims listing not reviewed or audited, not a final determination of creditor claims · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 83165 · debtor: Climate Smart Services Inc. · creditor: Square Law Group LLP · currency: CAD
- unsecured creditorsnote: Related entity under common control; from Appendix 'A' · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 38700 · debtor: Climate Smart Services Inc. · creditor: Climate Smart Solutions Canada Inc. · currency: CAD
- unsecured creditorsnote: Related entity under common control; from Appendix 'A' · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 19949 · debtor: Climate Smart Services Inc. · creditor: Climate Smart Industrial Inc. · currency: CAD
- unsecured creditorsnote: Individual creditor; from Appendix 'A' · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 150 · debtor: Climate Smart Services Inc. · creditor: Vernon Dorion · currency: CAD
- unsecured creditorsnote: Individual creditor; from Appendix 'A' · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 1891 · debtor: Climate Smart Services Inc. · creditor: Ralph Cioffi · currency: CAD
- unsecured creditorsnote: From Appendix 'A' · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 686 · debtor: Climate Smart Services Inc. · creditor: Microsoft Corporation · currency: CAD
- unsecured creditorsnote: Possible preferred wage claim under BIA; notional value of $1.00 assigned as balance unknown per disclaimer; document does not explicitly label as preferred · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 1 · debtor: Climate Smart Services Inc. · creditor: Unpaid wages and salaries · currency: CAD
- unsecured creditorsnote: Related entity under common control; from Appendix 'A' · page: 3 · basis: Listing of Creditors prepared without audit (illustrative, based on unaudited accounting records) · amount: 6000 · debtor: Climate Smart Services Inc. · creditor: Climate Smart Development Corp. · currency: CAD