Quebec · CCAA
Trustee's Report to Creditors on Preliminary Administration (in French)
Court officer report · 22 September 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 filing10 verified
- financial positionnote: Total assets is the approx. $290k cash balance, reflected as an asset on the statutory balance sheet, being the provision for the s. 81.3 BIA priority charge for unpaid wages and vacation. All other assets were acquired by 9479-6901 Québec Inc. under the court-approved dation en paiement. The statutory balance sheet is stated as at September 1, 2026 in the notice to creditors and the creditor list as at August 31, 2026. Trustee states that, given the Dation, the company has no secured creditor at bankruptcy other than the employees' s. 81.3 priority charge, and that it expects no distribution to unsecured creditors. Prior to the Dation, 9479-6901 Québec Inc. had become sole secured creditor by subrogation to the BRC and BDC secured loans (amounts not stated). No Crown deemed-trust claims exist per the Trustee. · page: 5 · as at: 2026-08-31 · basis: Statutory balance sheet and preliminary list of creditors dated August 31, 2026 ("dettes totalisant environ 8,8 M$"); unaudited information provided to the Trustee, not verified · scope: Entity: Duchesne et Fils Ltée only · currency: CAD · total assets: 290000 · total liabilities: 8800000
- unsecured creditorsnote: Aggregate only; the report names no individual creditors. Approximate figure ('de l'ordre de'). Trustee states it has not received enough proofs of claim to determine whether there is a material difference between this list and the actual unsecured claims at bankruptcy. · page: 5 · as of: 2026-08-31 · basis: Preliminary list of creditors as at August 31, 2026 ("de l'ordre de 6.0 M$ selon la liste préliminaire des créanciers"); not verified against proofs of claim · amount: 6000000 · debtor: Duchesne et Fils Ltée · creditor: Unsecured trade creditors, excluding employees (aggregate as reported) · currency: CAD
- unsecured creditorsnote: Aggregate only; no individual employees named. Eligible former employees may recover up to $9,275 each under the Wage Earner Protection Program (WEPP). Part of the roughly $2.8M total owed to employees. · page: 6 · as of: 2026-08-31 · basis: Preliminary list of creditors as at August 31, 2026; unpaid severance indemnities ("2 470 k$ sont des créances non garanties, lesquelles sont constituées des indemnités de départ impayées") · amount: 2470000 · debtor: Duchesne et Fils Ltée · creditor: Employees – unpaid severance (unsecured, aggregate as reported) · currency: CAD
- unsecured creditorsnote: Preferred class (ranks ahead of ordinary unsecured) – covered by the approx. $290k cash provision constituted for the s. 81.3 priority charge; amounts paid to employees under WEPP are subrogated to Employment and Social Development Canada (ESDC) with priority on that provision. Total owed to employees approx. $2.8M. · page: 6 · as of: 2026-08-31 · basis: Preliminary list of creditors as at August 31, 2026; priority claims for unpaid wages and vacation under s. 81.3 BIA · amount: 287000 · debtor: Duchesne et Fils Ltée · creditor: Employees – unpaid wages and vacation pay (preferred, BIA s. 81.3 priority claim) · currency: CAD
- cash on handnote: Represents the reserve for the priority charge under s.81.3 LFI for unpaid wages and vacation. · as at: 2026-09-01 · amount: 290000 · currency: CAD · qualifier: environ
- financial positionnote: Total assets consist solely of a cash balance of approximately $290k reflecting a reserve under s.81.3 LFI; total liabilities of approx. $8.8M per the statutory statement of affairs and preliminary creditors list dated Aug 31, 2026 include: secured claims (none, other than the s.81.3 priority charge for employees), unsecured/ordinary supplier claims of approx. $6.0M, and employee claims of approx. $2.8M (of which $287k priority and $2,470k unsecured severance). · as at: 2026-08-31 · basis: Statement of Affairs management estimate / preliminary creditors list · scope: entity - Duchesne et Fils Ltée · currency: CAD · total assets: 290000 · total liabilities: 8800000
- operational summaryFollowing the disposition (Dation) of substantially all assets to 9479 under the CCAA proceedings, Duchesne was assigned into bankruptcy on September 1, 2026, with no remaining operations; the Trustee is now administering the bankrupt estate, including the Wage Earner Protection Program process for former employees, with no distribution expected to unsecured creditors.
- report date22 September 2026
- report noRapport d'administration préliminaire du Syndic aux créanciers
- secured creditors