Northwest Territories · Bankruptcy

First Meeting of Creditors Package

Meeting materials · 17 October 2023

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appointeeMNP Ltd.
appointee roleLicensed Insolvency Trustee
proceeding typebia_bankruptcy
commencement date2 October 2023
court file no24-2998341
statutory basisSubsection 102(1) of the Act
statutory basisNotice of Bankruptcy, First Meeting of Creditors (Subsection 102(1) of the Act)
secured creditorsnote: Listed as secured on creditor mailing list; nominal $1.00 claim value shown · page: 19 · as of: 2023-10-17 · amount: 1 · debtor: Kasteel Construction and Coatings Inc. · creditor: The Bank of Nova Scotia · currency: CAD
secured creditorsnote: Listed as secured on creditor mailing list; nominal $1.00 claim value shown · page: 19 · as of: 2023-10-17 · amount: 1 · debtor: Kasteel Construction and Coatings Inc. · creditor: Business Development Bank of Canada · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 62954.76 · debtor: Kasteel Construction and Coatings Inc. · creditor: Buffalo Air Express · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 682.5 · debtor: Kasteel Construction and Coatings Inc. · creditor: Cabin Radio (506992 N.W.T Ltd) · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1301.44 · debtor: Kasteel Construction and Coatings Inc. · creditor: City of Yellowknife · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 43575 · debtor: Kasteel Construction and Coatings Inc. · creditor: Colony Construction Corporation · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 17559.36 · debtor: Kasteel Construction and Coatings Inc. · creditor: Concept Controls · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 85553.96 · debtor: Kasteel Construction and Coatings Inc. · creditor: Corothers Home Building Centre · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 32800.05 · debtor: Kasteel Construction and Coatings Inc. · creditor: Diamond Glass Ltd. · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 53961.93 · debtor: Kasteel Construction and Coatings Inc. · creditor: Durabuilt Windows & Doors Inc. · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1066.91 · debtor: Kasteel Construction and Coatings Inc. · creditor: EMCO Corporation · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1682.1 · debtor: Kasteel Construction and Coatings Inc. · creditor: Eurofins Enviro-Works Inc. · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 24258.15 · debtor: Kasteel Construction and Coatings Inc. · creditor: Fab-U-Tech Industries Inc · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 30712.5 · debtor: Kasteel Construction and Coatings Inc. · creditor: Fire Prevention Services · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 69654.63 · debtor: Kasteel Construction and Coatings Inc. · creditor: Gap Electric LTD. · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1088.33 · debtor: Kasteel Construction and Coatings Inc. · creditor: Capital Transit Mix · currency: CAD
unsecured creditorsnote: Director of the debtor; related party; no claim amount stated · page: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · debtor: Kasteel Construction and Coatings Inc. · creditor: Trevor Kasteel · currency: CAD
unsecured creditorsnote: Source deductions; deemed trust class · page: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 404240.85 · debtor: Kasteel Construction and Coatings Inc. · creditor: Receiver General - Canada Revenue Agency - Source · currency: CAD
unsecured creditorsnote: Also appears with a separate larger claim ($513,558.90) on page 20; treated as distinct listed line entries · page: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 122541.1 · debtor: Kasteel Construction and Coatings Inc. · creditor: Royal Bank of Canada · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 4312.88 · debtor: Kasteel Construction and Coatings Inc. · creditor: Advance Electric · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 51026.56 · debtor: Kasteel Construction and Coatings Inc. · creditor: Advance Remediation Solutions Inc. · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 148508.65 · debtor: Kasteel Construction and Coatings Inc. · creditor: Aurora Decorating Center · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 7508.21 · debtor: Kasteel Construction and Coatings Inc. · creditor: Bartle & Gibson · currency: CAD
unsecured creditorspage: 19 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 40175.86 · debtor: Kasteel Construction and Coatings Inc. · creditor: Beairsto & Associates Engineering & Survey · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 20435.49 · debtor: Kasteel Construction and Coatings Inc. · creditor: Government of The Northwest Territories · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 6489.53 · debtor: Kasteel Construction and Coatings Inc. · creditor: Loomo Marketing Inc. · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 6625.14 · debtor: Kasteel Construction and Coatings Inc. · creditor: Matonabee Petroleum Ltd. · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 6018.59 · debtor: Kasteel Construction and Coatings Inc. · creditor: Norseman Structures · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 143599.99 · debtor: Kasteel Construction and Coatings Inc. · creditor: Paul Bros. Nextreme Inc. · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 13433.78 · debtor: Kasteel Construction and Coatings Inc. · creditor: PF Custom Countertops | Flo Form Industries · currency: CAD
unsecured creditorsnote: Second, distinct line entry for RBC as unsecured on this list, separate from the earlier $122,541.10 entry · page: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 513558.9 · debtor: Kasteel Construction and Coatings Inc. · creditor: Royal Bank of Canada · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 14647.5 · debtor: Kasteel Construction and Coatings Inc. · creditor: SVS Group LLP · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 6457.5 · debtor: Kasteel Construction and Coatings Inc. · creditor: Tenfold HR Solutions · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Kasteel Construction and Coatings Inc. · creditor: Terr-Alta Lumber Company Ltd · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 36060.29 · debtor: Kasteel Construction and Coatings Inc. · creditor: TK Elevator (Canada) Limited · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 3102.75 · debtor: Kasteel Construction and Coatings Inc. · creditor: Unico Contractors (N.W.T.) Ltd. · currency: CAD
unsecured creditorsnote: Regulatory body; nominal $1.00 claim value shown · page: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1 · debtor: Kasteel Construction and Coatings Inc. · creditor: Worker's Safety & Compensation Commission (NWT) · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 1698.65 · debtor: Kasteel Construction and Coatings Inc. · creditor: Kavanaugh Bros · currency: CAD
unsecured creditorsnote: Related-party name similarity to debtor; possible related entity · page: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 40000 · debtor: Kasteel Construction and Coatings Inc. · creditor: Kasteel Holdings Inc. · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 93029.91 · debtor: Kasteel Construction and Coatings Inc. · creditor: Igloo Building Supplies Group Ltd. · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 3000 · debtor: Kasteel Construction and Coatings Inc. · creditor: Ian Cross · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 141551.55 · debtor: Kasteel Construction and Coatings Inc. · creditor: Huntsman Building Solutions Inc. · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 8885.22 · debtor: Kasteel Construction and Coatings Inc. · creditor: HMFT INC · currency: CAD
unsecured creditorspage: 20 · as of: 2023-10-17 · basis: Creditor Mailing List as reported · amount: 31500 · debtor: Kasteel Construction and Coatings Inc. · creditor: Great Slave Mechanical Ltd. · currency: CAD