Alberta · Proposal
First Trustee Report to Court - Dated Nov 6, 2025
Court officer report · 6 November 2025
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What we verified from this filing6 verified · 1 withheld
- court file no24-3278321
- appointeeBDO Canada Limited
- appointee roleLicensed Insolvency Trustee
- commencement date25 September 2025
- statutory basissubsection 50.4(1) of the Bankruptcy and Insolvency Act (Canada)
- secured creditorsnote: Related party (secured): True Works Inc. ("True") owns 100% of the Company's shares (page 3). Report states the Proposal Trustee reviewed True's security, advances True made to the Company, and repayments of such advances by the Company to True (page 5, para 11c) - net outstanding balance not stated. True has also been paying the Company's asset holding costs, including rent for the leased premises, since February 28, 2025 (page 3). No amount disclosed. · page: 5 · debtor: 1255261 Alberta Ltd. (formerly On Site Projects Ltd.) · creditor: True Works Inc. · currency: CAD · security: Held security reviewed by the Proposal Trustee; nature, registered amount and current outstanding balance not stated in this report
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.