Alberta · NOI
First Report of the Proposal Trustee - dated April 27, 2026
Court officer report · 27 April 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing7 verified
- secured creditorsnote: Harmony's liability arises as guarantor of MechCan's NBC facilities, not as direct primary borrower; the $9 million NBC debt referenced in para. 19 is an approximate acquisition-financing figure for the whole MechCan Group, not this Company's balance · page: 8 · as of: 2026-03-16 · amount: 3929799.14 · debtor: Harmony Heating and Air Conditioning Inc. · creditor: National Bank of Canada (NBC) · currency: CAD · security: General Security Agreement granted by Harmony in favour of NBC dated August 15, 2024, securing an unlimited guarantee (dated August 2024) of MechCan's indebtedness under the NBC Loan Facilities (operating line of credit, term loan, and credit cards)
- secured creditorsnote: Aggregated PMSI-class registrants per Alberta PPR (current April 19, 2026) and Ontario PPSA (current March 26, 2026) searches: Somerville National Leasing & Rentals Ltd.; Summit Acceptance Corp; Ford Credit Canada Leasing (Division of Canadian Road Leasing Company); The Bank of Nova Scotia; Royal Bank of Canada; TD Auto Finance (Canada) Inc.; Ford Credit Canada Company. Individual balances not stated in the document. · page: 9 · as of: Alberta PPR Search Results dated April 19, 2026 / OPPSA Search Results dated March 26, 2026 · debtor: Harmony Heating and Air Conditioning Inc. · creditor: PPSA equipment financiers (PMSI class) · currency: CAD · security: Equipment financing agreements over vehicles used in operations; registrations under Alberta PPR and Ontario PPSA
- fee scheduleengagements: form: rate_chart · rows: rate: 725 · quote: Partner | $725 · title: Partner · row kind: level · rate kind: standard · name as stated: Partner; rate: 600 · quote: Senior Manager | $600 · title: Senior Manager · row kind: level · rate kind: standard · name as stated: Senior Manager; rate: 550 · quote: Manager | $550 · title: Manager · row kind: level · rate kind: standard · name as stated: Manager; rate: 400 · quote: Senior Associate | $400 · title: Senior Associate · row kind: level · rate kind: standard · name as stated: Senior Associate; rate: 300 · quote: Associate/Analyst | $300 · title: Associate/Analyst · row kind: level · rate kind: standard · name as stated: Associate/Analyst · money: approximate: false · period: kind: unstated · approval: state: unstated · averages: · currency: code: CAD · quote: Hourly rate (CAD$) · invoices: · firm text: BDO Canada Transaction Advisory Services Inc. · firm quote: BDO Canada Transaction Advisory Services Inc. 222 Bay Street Suite 2200 Toronto, Ontario M5K 1H1 · context quote: 3. Professional Fees
- purchaser2811153 Alberta Ltd.
- sale advisorBDO Canada Transaction Advisory Services Inc.
- sale outcometext: Proposed stalking horse sale process and auction procedures pending approval · scope: whole_business · status: pending_approval
- stalking horse2811153 Alberta Ltd. (375000)