Alberta · CCAA

Fifth Affidavit of Darrel Monette

Affidavit · 2 November 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 filing2 verified

secured creditorsnote: Document says completing the IMSI sale would have left a substantial shortfall owing to Scotiabank under the Aircraft Lease, and that the Alternative Aircraft Offer is expected to substantially repay the amount owing. The balance itself is not stated here. · page: 4 · debtor: Monette Farms Ltd. · creditor: The Bank of Nova Scotia (Scotiabank) · currency: CAD · security: Aircraft financing lease (Beechcraft Premier 1, C-GYPV); the amount owing is not stated in these pages and is described by reference to paragraphs 138 and 155 of the First Monette Affidavit. Aircraft Purchase Agreement price USD$1,050,000 and alternative offer USD$985,000 are sale prices, not balances.
unsecured creditors