Ontario · Receivership (court-appointed)

Notice & Statement of the Receiver dated August 10, 2026

Notice to creditors · 10 August 2026

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financial positionnote: Combined book value of TRS's and TNT's tangible assets was approximately $12.4 million; book value of Plant 22 real property was approximately $4.0 million. No total liabilities figure stated for the Debtors as a going concern balance sheet; secured/unsecured totals are per preliminary creditor listing (Appendix A) totalling $38,958,000 secured and $1,706,435 unsecured, aggregate $40,664,435, as at July 31, 2026 (unaudited). · page: 2 · as at: 2026-05-31 · basis: unaudited consolidated financial information · scope: TRS and TNT (combined tangible assets); Plant 22 real property separately · currency: CAD
secured creditorsnote: Receivership application materials state indebtedness of approximately $23.5 million and USD$20,000 as at April 28, 2026, exclusive of accruing interest, legal fees and disbursements which continue to accrue; preliminary listing of creditors (Appendix A, unaudited, as at July 31, 2026) states $23,500,000 CAD · page: 2 · as of: 2026-04-28 · amount: 23500000 · debtor: TRS Components Ltd., Plant 22 Ltd., 976711 Ontario Inc. o/a Terra Nova Truss · creditor: Bank of Montreal (BMO) · currency: CAD · security: Senior secured creditor; only creditor with security registered on title to real property at 16783 Thorndale Road, Thorndale, Ontario; cross-guaranteed by Debtors
secured creditorsnote: Stated separately from CAD portion in receivership application materials as at April 28, 2026, exclusive of accruing interest, legal fees and disbursements · page: 2 · as of: 2026-04-28 · amount: 20000 · debtor: TRS Components Ltd., Plant 22 Ltd., 976711 Ontario Inc. o/a Terra Nova Truss · creditor: BMO (USD component) · currency: USD · security: Senior secured creditor - USD-denominated portion of indebtedness
secured creditorsnote: Amount from preliminary listing of creditors (Appendix A, unaudited, as at July 31, 2026); note names may include individuals (personal guarantors/vendors) - names retained as they are vendor take-back security holders · page: 5 · as of: 2026-07-31 · amount: 9658000 · debtor: TRS Components Ltd. and related Debtors · creditor: Vendors under vendor take-back financing (2022 TRS acquisition) - Whirl 2 Ltd., 2070400 Ontario Ltd., Chad Lambourn, Jeff Young · currency: CAD · security: Registered security interests against Debtors and assets, subject to postponement and subordination agreement in favour of BMO
secured creditorsnote: Amount from preliminary listing of creditors (Appendix A, unaudited, as at July 31, 2026) · page: 5 · as of: 2026-07-31 · amount: 5800000 · debtor: 976711 Ontario Inc. o/a Terra Nova Truss (TNT) · creditor: Fox Investments Inc. · currency: CAD · security: Registered security interests under vendor take-back financing (2023 TNT acquisition), subject to postponement, subordination and standstill agreement in favour of BMO
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 5215 · creditor: OE Canada inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 348150 · creditor: Carrier Truck Carrier Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 178449 · creditor: Rush Truck Centres of Canada Limited · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 105380 · creditor: Chantiers Chibougamau · currency: CAD
unsecured creditorsnote: Amount of $1 indicates amount due is undetermined or unknown per document notes · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1 · creditor: Crossiron Truck & Equipment Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 147353 · creditor: Dakeryn Industries Limited · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 2998 · creditor: Ford Electric (Brockville) Company Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 102633 · creditor: Gillfor Distribution Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1056 · creditor: Home Hardware Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 4752 · creditor: Kingston Frontenac Hockey Club · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 297 · creditor: Kingston Home Builder's Association · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 461 · creditor: Londry Alarms · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 320 · creditor: Petty Cash - Care of C. Villeneuve · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 75 · creditor: Petty Cash - Care of Kyle Wayne Geldart · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 667 · creditor: Simpson Strong Tie Co., Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 170 · creditor: SmartCell Communications · currency: CAD
unsecured creditorsnote: Listed as unsecured creditor of the group though also a debtor entity; possible intercompany claim · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 98481 · creditor: TRS Components Limited · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 21110 · creditor: Workplace Safety & Insurance Board · currency: CAD
unsecured creditorsnote: Listed separately from second CRA entry below; possible deemed trust class not specified · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 29531 · creditor: CRA · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 239 · creditor: Canadian Linen Supply · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 322 · creditor: Canteen of Canada Limited · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 5086 · creditor: Cloud Metric Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 196 · creditor: Culligan Water · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 7527 · creditor: Davis McCauley Fuels Ltd · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 276 · creditor: DJ Jackson Eng'd Truss Components · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 121 · creditor: Edpro Energy Group Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1284 · creditor: Georgian Bay Fire & Safety Ltd · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 32235 · creditor: Hampton Lumber · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 8425 · creditor: Hydro One · currency: CAD
unsecured creditorsnote: Amount of $1 indicates amount due is undetermined or unknown per document notes · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1 · creditor: Lind Lumber Ltd · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 187 · creditor: Linde Canada Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1075 · creditor: Rogers Wireless · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 447 · creditor: Spectrum Supply INC · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 144453 · creditor: Stikeman Elliott LLP · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 2513 · creditor: Telus · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 153376 · creditor: Mitek Canada Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 310 · creditor: Thames Centre Fuels & Lubricants Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1198 · creditor: Traction · currency: CAD
unsecured creditorsnote: Amount of $1 indicates amount due is undetermined or unknown per document notes · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 1 · creditor: Enbridge Gas (Union Gas) · currency: CAD
unsecured creditorsnote: Listed separately from other 'CRA' entry above; document does not specify deemed-trust classification · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 58546 · creditor: Canada Revenue Agency · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 45569 · creditor: EQUA Specialty Risk Partners Corporation · currency: CAD
unsecured creditorsnote: Listed as unsecured creditor of the group though also a debtor entity; possible intercompany claim · page: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 89526 · creditor: Terra Nova Truss · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 132 · creditor: Royce Ayr Cutting Tools Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 71701 · debtor: TRS Components Ltd., Plant 22 Ltd., 976711 Ontario Inc. o/a Terra Nova Truss · creditor: De Lage Landen Financial Services Canada Inc · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 3352 · creditor: Ford Credit Canada Company · currency: CAD
unsecured creditorspage: 5 · as of: 2026-07-31 · basis: Preliminary list of creditors as at July 31, 2026 (unaudited) · amount: 31239 · creditor: Ford Credit Canada Leasing · currency: CAD