Ontario · Bankruptcy

Notice of Bankruptcy and First Meeting of Creditors

Notice to creditors · 23 December 2024

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appointeePricewaterhouseCoopers Inc., LIT
appointee rolelicensed insolvency trustee
commencement date23 December 2024
court file no31-3168234
provinceOntario
statutory basisBankruptcy and Insolvency Act (Canada)
financial positionnote: Deficiency of $6,654,626.12 reported; secured creditors total $3.00, unsecured creditors total $6,654,626.12 (including Bank of Nova Scotia deficiency of $5,765,280.66 and Schedule A aggregate of $889,341.46) · page: 3 · as at: 2024-12-20 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor · scope: entity - Turnkey Site Solutions Ltd. · currency: CAD · total assets: 3 · total liabilities: 6654629.12
secured creditorsnote: Nominal $1.00 placeholder value per Statement of Affairs · page: 5 · as of: 2024-12-20 · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Humberview Group Leasing Inc. · currency: CAD · security: Equipment and Vehicles Loan (finance company loan)
secured creditorsnote: Nominal $1.00 placeholder value per Statement of Affairs · page: 5 · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Komatsu International (Canada) Inc. · currency: CAD · security: Equipment Loan (finance company loan)
secured creditorsnote: Total amount of claim shown as $5,765,283.66 with secured portion $3.00 and unsecured portion $5,765,280.66 per Statement of Affairs Schedule; estimated deficiency from security -$5,765,280.66 · page: 5 · as of: 2024-12-20 · amount: 3 · debtor: Turnkey Site Solutions Ltd. · creditor: Bank of Nova Scotia · currency: CAD · security: GSA (General Security Agreement) and Vehicles Loans; secured against accounts receivable, machinery/equipment, vehicles (asset nos. 1301, 1101, 801)
secured creditorsnote: Nominal $1.00 placeholder value per Statement of Affairs · page: 5 · as of: 2024-12-20 · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: De Lage Landen Financial Services Canada · currency: CAD · security: Equipment Loan (finance company loan)
secured creditorsnote: Nominal $1.00 placeholder value per Statement of Affairs · page: 5 · as of: 2024-12-20 · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Ford Credit Canada Leasing Company · currency: CAD · security: Vehicles Loan (finance company loan)
unsecured creditorsnote: Deficiency after security shortfall; secured portion of same claim listed separately at $3.00 · page: 5 · as of: 2024-12-20 · basis: Statement of Affairs as reported · amount: 5765280.66 · debtor: Turnkey Site Solutions Ltd. · creditor: Bank of Nova Scotia · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 888.18 · debtor: Turnkey Site Solutions Ltd. · creditor: DYWIDAG Canada Ltd · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 7274.2 · debtor: Turnkey Site Solutions Ltd. · creditor: Equipments Selix Equipment Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 2681.3 · debtor: Turnkey Site Solutions Ltd. · creditor: F12.net · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 407.05 · debtor: Turnkey Site Solutions Ltd. · creditor: Fasken Martineau DuMoulin LLP · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 2907.55 · debtor: Turnkey Site Solutions Ltd. · creditor: FM Promotions · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 442.94 · debtor: Turnkey Site Solutions Ltd. · creditor: Foremost Industries LP · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 44984.96 · debtor: Turnkey Site Solutions Ltd. · creditor: Frew Energy Ltd · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 48621 · debtor: Turnkey Site Solutions Ltd. · creditor: Geothermal Solutions · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1698.86 · debtor: Turnkey Site Solutions Ltd. · creditor: GFL Environmental Inc · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 76239.17 · debtor: Turnkey Site Solutions Ltd. · creditor: INNOCON PARTNERSHIP · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 4089.56 · debtor: Turnkey Site Solutions Ltd. · creditor: 407 ETR · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 847.5 · debtor: Turnkey Site Solutions Ltd. · creditor: Amara Farm Service · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 13863.98 · debtor: Turnkey Site Solutions Ltd. · creditor: Air Liquide · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1078.02 · debtor: Turnkey Site Solutions Ltd. · creditor: Auto Illusions Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 3390 · debtor: Turnkey Site Solutions Ltd. · creditor: Barton Welding Co. · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1735.82 · debtor: Turnkey Site Solutions Ltd. · creditor: Battlefield Equipment · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 286.45 · debtor: Turnkey Site Solutions Ltd. · creditor: Canada Springs · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 118508.49 · debtor: Turnkey Site Solutions Ltd. · creditor: CANADIAN BBR INC. · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 994.4 · debtor: Turnkey Site Solutions Ltd. · creditor: Clarke's Services · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1466.67 · debtor: Turnkey Site Solutions Ltd. · creditor: Coface Canada Branch · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1695 · debtor: Turnkey Site Solutions Ltd. · creditor: Core Development Group Ltd · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 153029.99 · debtor: Turnkey Site Solutions Ltd. · creditor: Crawford Metal (Burlington) · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 46.67 · debtor: Turnkey Site Solutions Ltd. · creditor: CRD Creighton · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 35430.57 · debtor: Turnkey Site Solutions Ltd. · creditor: Drillers Choice Inc · currency: CAD
unsecured creditorspage: 7 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 21868.14 · debtor: Turnkey Site Solutions Ltd. · creditor: Dynamic Supply Ltd. · currency: CAD
unsecured creditorsnote: Related party (intercompany) claim · page: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Intercompany · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1253.11 · debtor: Turnkey Site Solutions Ltd. · creditor: Investments Hardware · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 866.71 · debtor: Turnkey Site Solutions Ltd. · creditor: Kardtech Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 90924.08 · debtor: Turnkey Site Solutions Ltd. · creditor: Lafarge Canada Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 593.25 · debtor: Turnkey Site Solutions Ltd. · creditor: Limeback Media · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 3559.5 · debtor: Turnkey Site Solutions Ltd. · creditor: M Squared Technologies Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 624.65 · debtor: Turnkey Site Solutions Ltd. · creditor: Manitoulin Transport Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Nortrax Canada Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 8265 · debtor: Turnkey Site Solutions Ltd. · creditor: Ontario Piling Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 2672.45 · debtor: Turnkey Site Solutions Ltd. · creditor: Parkhouse Fabrication · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 24574.67 · debtor: Turnkey Site Solutions Ltd. · creditor: Parkscape Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 3344.8 · debtor: Turnkey Site Solutions Ltd. · creditor: Powell Foundations Inc. · currency: CAD
unsecured creditorsnote: Government claim listed as ordinary unsecured on Schedule A · page: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Receiver General · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1250.72 · debtor: Turnkey Site Solutions Ltd. · creditor: Rogers · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 15451.07 · debtor: Turnkey Site Solutions Ltd. · creditor: S.P.G. Haulage Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1956.5 · debtor: Turnkey Site Solutions Ltd. · creditor: Salas O'Brien North, LLC · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 20878.78 · debtor: Turnkey Site Solutions Ltd. · creditor: Scott Forest Products Ltd · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 2203.5 · debtor: Turnkey Site Solutions Ltd. · creditor: Sling-Choker Mfg. (Hamilton) Ltd · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 14096.43 · debtor: Turnkey Site Solutions Ltd. · creditor: Soletanche Bachy Canada · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1404.23 · debtor: Turnkey Site Solutions Ltd. · creditor: Stieber Berlach LLP · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 46134.5 · debtor: Turnkey Site Solutions Ltd. · creditor: T.H. O'Rourke Structural Consultants Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 3468.89 · debtor: Turnkey Site Solutions Ltd. · creditor: Toronto-Hydro Electric Systems Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 20448.98 · debtor: Turnkey Site Solutions Ltd. · creditor: TRIAD Metals Incorporated · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 3619.23 · debtor: Turnkey Site Solutions Ltd. · creditor: Wajax (Equipment) · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1931.04 · debtor: Turnkey Site Solutions Ltd. · creditor: Westland Insurance · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 69895.65 · debtor: Turnkey Site Solutions Ltd. · creditor: Weston Forest Products · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 605.13 · debtor: Turnkey Site Solutions Ltd. · creditor: White Cap Supply Canada Inc. · currency: CAD
unsecured creditorsnote: Regulatory/workers' compensation claim listed as ordinary unsecured on Schedule A · page: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 4839.12 · debtor: Turnkey Site Solutions Ltd. · creditor: WSIB · currency: CAD
unsecured creditorspage: 8 · as of: 2024-12-20 · basis: Listing of Creditors (Schedule A) as reported · amount: 1 · debtor: Turnkey Site Solutions Ltd. · creditor: Employees · currency: CAD