Nova Scotia · Receivership (court-appointed)

Notice and Statement of the Receiver

Notice of receiver (s. 245 / Form 87) · 12 April 2024

Subscribe to read the filing⁠

✨ Summarize · Subscribers

A plain-language read of this filing opens with a subscription.

What we verified from this filing91 verified

financial positionnote: Only asset-side figures are stated for each of the four Sustainable Group entities; no total-liabilities figure is stated on these pages. Per-entity totals are not summed here as the document itself does not present a consolidated total. · page: 2 · as at: 2024-04-04 · basis: Net book values based on the last internal financial information available of the Sustainable Group as at April 4, 2024; not audited, reviewed or otherwise verified by the Receiver, which expresses no opinion or assurance on the information. · scope: Entity-level (not consolidated): Sustainable Fish Farming (Canada) Limited (Total Assets $59,772,595), Sustainable Blue Inc. ($318,329), TCAS Holdings Limited ($4,990), and TCAS IP Inc. ($422); document reports figures separately by legal entity and does not state a consolidated total. · currency: CAD
secured creditorsnote: Listed as secured creditor in Listing of Creditors prepared without audit by the Receiver; nature/registration of security not specified in this document. · page: 5 · amount: 23003720 · debtor: Sustainable Group (collectively) · creditor: 4595756 NS Ltd · currency: CAD
secured creditorsnote: Listed under Secured Creditors in the Listing of Creditors; likely reflects a deemed-trust class claim (statutory Crown priority) rather than a conventional registered security; amount as stated is nominal ($1.00). · page: 5 · amount: 1 · debtor: Sustainable Group (collectively) · creditor: Canada Revenue Agency · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 4000000 · debtor: Sustainable Group (collectively) · creditor: Atlantic Fisheries Fund · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2705091.54 · debtor: Sustainable Group (collectively) · creditor: Tracadie Investments · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1444261 · debtor: Sustainable Group (collectively) · creditor: Atlantic Canada Opportunities Agency · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 983760.51 · debtor: Sustainable Group (collectively) · creditor: L&M Enterprises · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 378458.37 · debtor: Sustainable Group (collectively) · creditor: Nova Scotia Power · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 283000 · debtor: Sustainable Group (collectively) · creditor: Dartmouth Concrete Services · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 270000 · debtor: Sustainable Group (collectively) · creditor: Grieg Seafood Nl Nurseries Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 233437 · debtor: Sustainable Group (collectively) · creditor: Government of Canada · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 124172.4 · debtor: Sustainable Group (collectively) · creditor: BD Stevens Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 89430.7 · debtor: Sustainable Group (collectively) · creditor: Ewos Canada Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 86103.5 · debtor: Sustainable Group (collectively) · creditor: Black & Mcdonald Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 83221.68 · debtor: Sustainable Group (collectively) · creditor: Dartek Transport Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 73393.02 · debtor: Sustainable Group (collectively) · creditor: Verus Capital Inc. · currency: CAD
unsecured creditorsnote: Listed separately from a second, smaller Linde Canada Inc (Praxair) entry below; document lists both as-is. · page: 5 · basis: Listing of Creditors prepared without audit · amount: 70219.53 · debtor: Sustainable Group (collectively) · creditor: Linde Canada Inc (Praxair) · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 64676.88 · debtor: Sustainable Group (collectively) · creditor: Skretting North America (St Andrews) · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 60926.64 · debtor: Sustainable Group (collectively) · creditor: GFL Environmental Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 36945.57 · debtor: Sustainable Group (collectively) · creditor: Brunswick Lift Rentals · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 27794.16 · debtor: Sustainable Group (collectively) · creditor: Flottweg · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 27787.73 · debtor: Sustainable Group (collectively) · creditor: Carbon Activated (Corp Canada) · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 26188.65 · debtor: Sustainable Group (collectively) · creditor: Benchmark Genetics · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 26006.78 · debtor: Sustainable Group (collectively) · creditor: Spar Marine Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 25645 · debtor: Sustainable Group (collectively) · creditor: Ernst & Young LLP · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 25124.45 · debtor: Sustainable Group (collectively) · creditor: Northeast Equipment Ltd · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 18920.25 · debtor: Sustainable Group (collectively) · creditor: Quoted Pr · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 13915 · debtor: Sustainable Group (collectively) · creditor: Atlantic Compressed Air · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 13229.14 · debtor: Sustainable Group (collectively) · creditor: Brenntag Canada Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 13215.12 · debtor: Sustainable Group (collectively) · creditor: Veolia Water Technologies Usa Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 13026.78 · debtor: Sustainable Group (collectively) · creditor: Mcinnes Cooper · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 10770.11 · debtor: Sustainable Group (collectively) · creditor: Stewart Mckelvey · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 10397.73 · debtor: Sustainable Group (collectively) · creditor: Grant Thornton LLP · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 10290 · debtor: Sustainable Group (collectively) · creditor: Planner International · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 9604.8 · debtor: Sustainable Group (collectively) · creditor: Fisher Transport Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 8436.07 · debtor: Sustainable Group (collectively) · creditor: K2 Corrosion Fasteners (Ns) Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 8303 · debtor: Sustainable Group (collectively) · creditor: Hse Integrated Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 8222.82 · debtor: Sustainable Group (collectively) · creditor: Rockwell Automation · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 7388.75 · debtor: Sustainable Group (collectively) · creditor: Corey Bartlett · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 7277.33 · debtor: Sustainable Group (collectively) · creditor: Apex Industries Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 6472.2 · debtor: Sustainable Group (collectively) · creditor: Salus Technologies Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 6125 · debtor: Sustainable Group (collectively) · creditor: Greg Morash · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 5716.9 · debtor: Sustainable Group (collectively) · creditor: Source Atlantic Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 5197.66 · debtor: Sustainable Group (collectively) · creditor: Rentokil Pest Control Canada · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 4830.58 · debtor: Sustainable Group (collectively) · creditor: Mari-Tech Scales & Food Equipment · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 4698.37 · debtor: Sustainable Group (collectively) · creditor: Mcadoo's Lawn Care & Excavating Ltd · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 4521.66 · debtor: Sustainable Group (collectively) · creditor: Burkert Fluid Control Systems · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 4334.34 · debtor: Sustainable Group (collectively) · creditor: White Cap Supply Canada Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 4260.92 · debtor: Sustainable Group (collectively) · creditor: Sunbelt Rentals Of Canada Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 3874.75 · debtor: Sustainable Group (collectively) · creditor: Bureau Veritas Canada ( 2019 ) Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 3837.55 · debtor: Sustainable Group (collectively) · creditor: True Cut Concrete Sawing, Drilling · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 3775.02 · debtor: Sustainable Group (collectively) · creditor: Green Line Hose & Fittings Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 3220.31 · debtor: Sustainable Group (collectively) · creditor: Uline Canada Corporation · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 3154.88 · debtor: Sustainable Group (collectively) · creditor: Shaw Resources · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 3000 · debtor: Sustainable Group (collectively) · creditor: Syscom Uk Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2611.03 · debtor: Sustainable Group (collectively) · creditor: Rainbow Net & Rigging Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2483.24 · debtor: Sustainable Group (collectively) · creditor: Dynamic Aqua - Supply Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2313.76 · debtor: Sustainable Group (collectively) · creditor: Pentair Aquatic Eco-Systems Inc · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2163.55 · debtor: Sustainable Group (collectively) · creditor: Afishionado Fishmongers Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2140.44 · debtor: Sustainable Group (collectively) · creditor: Cochrane's Electrical Contracting · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 2070 · debtor: Sustainable Group (collectively) · creditor: Ocean Wise · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1680 · debtor: Sustainable Group (collectively) · creditor: Fathom Fish & Seafood Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1550.71 · debtor: Sustainable Group (collectively) · creditor: John Brooks Company Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1536.69 · debtor: Sustainable Group (collectively) · creditor: Cabco Communications Group · currency: CAD
unsecured creditorsnote: Second, separate listed amount for same creditor name (document lists two distinct line items). · page: 5 · basis: Listing of Creditors prepared without audit · amount: 1369.33 · debtor: Sustainable Group (collectively) · creditor: Linde Canada Inc (Praxair) · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1217 · debtor: Sustainable Group (collectively) · creditor: J. Hinz Consulting Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1149.71 · debtor: Sustainable Group (collectively) · creditor: Sansom Equipment Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1098.25 · debtor: Sustainable Group (collectively) · creditor: Pro-Oceanus Systems Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 1040.26 · debtor: Sustainable Group (collectively) · creditor: Mcmaster - Carr · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 966 · debtor: Sustainable Group (collectively) · creditor: Cleanearth Industrial Service · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 910.12 · debtor: Sustainable Group (collectively) · creditor: Maritime Labels & Packaging · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 754.88 · debtor: Sustainable Group (collectively) · creditor: Coastline Technician Ltd · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 734.79 · debtor: Sustainable Group (collectively) · creditor: Aquatic Life Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 690 · debtor: Sustainable Group (collectively) · creditor: Cody Ross Satety Consulting L · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 680.62 · debtor: Sustainable Group (collectively) · creditor: David Roberts · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 575 · debtor: Sustainable Group (collectively) · creditor: A Good Haul · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 525 · debtor: Sustainable Group (collectively) · creditor: Kim Crossley · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 41820 · debtor: Sustainable Group (collectively) · creditor: IEK Logistics ltd · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 470.7 · debtor: Sustainable Group (collectively) · creditor: Bell Aliant · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 418.6 · debtor: Sustainable Group (collectively) · creditor: Nova Industrial Supplies Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 373.75 · debtor: Sustainable Group (collectively) · creditor: Matt's Towing Inc · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 357.87 · debtor: Sustainable Group (collectively) · creditor: T.T.L. Supply Limited · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 356.76 · debtor: Sustainable Group (collectively) · creditor: Datasite Ontario Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 298.11 · debtor: Sustainable Group (collectively) · creditor: Syndel Laboratories Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 284.04 · debtor: Sustainable Group (collectively) · creditor: Purolator Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 115 · debtor: Sustainable Group (collectively) · creditor: Bell Conferencing Inc. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 100 · debtor: Sustainable Group (collectively) · creditor: Hants Shore Health Association · currency: CAD
unsecured creditorsnote: Listed as 'Priority Creditors' — preferred class (BIA priority, e.g. wages) ranking ahead of ordinary unsecured creditors. · page: 5 · basis: Listing of Creditors prepared without audit · amount: 1 · debtor: Sustainable Group (collectively) · creditor: Employees · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 480.13 · debtor: Sustainable Group (collectively) · creditor: Atlantic Purification Systems · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit · amount: 46323.78 · debtor: Sustainable Group (collectively) · creditor: Ernie's Septic Service Ltd. · currency: CAD
unsecured creditorspage: 5 · basis: Listing of Creditors prepared without audit and based on information obtained by Deloitte Restructuring Inc. · amount: 10099651 · debtor: Sustainable Group (collectively) · creditor: Bayt Al Qoot UK Ltd. · currency: CAD