As a result of the restrictions place on restaurants due to COVID-19 and the sister location which operated in the Ottawa downtown core, 997177 Canada Inc. O/A Fusion Yunnan Inc., ceased operations in 2021 with no plans to resume operations. The assets of the company were sold and used to satisfy the majority of the creditors including federal financial assistance provided to businesses during COVID restrictions.

9268-2038 Québec Inc. filed an assignment in bankruptcy on April 21, 2022 and MNP Ltd. was named as Trustee to the file.

Pipertech Inc. filed an assignment in bankruptcy on April 21, 2022 and MNP Ltd. was named as Trustee to the file.

1551875 Ontario Inc. o/a Brosco Excavating (the “Company”) specialized in concrete levelling, concrete finishing, drainage and waterproofing. The Company struggled since 2019 when it changed its business model to drop its commercial customers and focus on residential. At the time a new project estimator was hired who misquoted several jobs, resulting in losses. There were many job delays at the ousted of the Covid-19 pandemic which...

Chisel AI Inc. filed an assignment on the 19th day of April, 2022, and MNP Ltd. was appointed as the Licensed Insolvency Trustee, subject to affirmation by the creditors at the first meeting of creditors.

CLL Capital Corp., 3MK Energy Services Inc., and Last Chance Trucking Ltd. (the “Companies”) filed a Notice of Intention to Make a Proposal on April 21, 2022 and MNP Ltd. was appointed as Trustee of the Companies’ proposal proceedings. The Companies provided heavy equipment rentals, trucking services, general oilfield construction and temporary portable water storage tanks to companies in the oil and gas and forestry industries. ...

Tri-S Industries (the “Company”) manufactured, installed, and serviced custom gates and partitions for retail store fronts, building perimeter doors, internal doors and traffic openings. The Company was not been profitable for several years due to increased competition across the country. The Covid related lockdowns resulted in further sales decline and financial hardship as traditional customers had to shut their stores. Management...

Quality Fertilizers Inc. (the “Company”) was a producer of agricultural fertilizer. It dealt in various products including organic fertilizer, grass seeds and soil amendments. In 2019 it was uncovered that several hundred thousand dollars were stolen in an employee fraud. The fraud resulted in significant arrears owing to suppliers and the Canada Revenue Agency for unremitted HST and source deductions. The business was shut down in...

On April 5, 2022, MNP Ltd. became receiver of the property of 12080141 Canada Inc. o/a Living Bakery.

MBLP was formed in 2017 under the Limited Partnership Act (Ontario) to acquire and develop land in the City of Ottawa. Canoe Bay Development Inc. ( CBI) is the General Partner of the partnership. The project has been approved by the City of Ottawa to be developed as an active seniors living project on 10.6 acre site across from Mooney’s Bay in central Ottawa. The site has been approved for a 6 floor seniors apartment and retire residence...