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OILSTREAM CORP.

On June 17, 2022, MNP Ltd. became receiver of the property of Oilstream Corp.

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Pipertech Inc.

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

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Bramalea Inc.

On June 14, 2022, on a motion made by Italpasta Limited, the Ontario Superior Court of Justice – Commercial List ordered, inter alia , the appointment of MNP Ltd. as Licensed Insolvency Trustee of Bramalea Inc. to section 41(11) of the Bankruptcy and Insolvency Act .

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Mooney’s Bay (Ottawa) Seniors Community Real Estate Limited Partnership

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...

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Chisel AI Inc.

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.

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Canoe Bay Development Inc (CBI)

Canoe Bay Development Inc. (“CBI”) and Mooney’s Bay (Ottawa) Seniors Community Real Estate Limited Partnership (“MBLP”) filed Notice of Intentions to Make a Proposal on April 28, 2022 and MNP Ltd. consented to act as the Proposal Trustee having combined debt of approximately $27,327,064 million. Fiera FP Real Estate Financing Fund LP is owed approximately $15,211,842 and Computershare Trust Company of Canada is owed...

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9422-9457 Québec Inc.

9422-9457 Québec Inc. filed an assignment in bankruptcy on April 22, 2022 and MNP Ltd. was named as Trustee to the file.

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9268-2038 Québec Inc.

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

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1551875 Ontario Inc.

Brosco Excavating

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...

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Symphony Condominium Ltd.

Effective April 7, 2022, the Court of Queen’s Bench of Alberta appointed MNP Ltd. as Receiver of the current and future assets, undertakings and properties of Symphony Condominium Ltd. Publicly available information regarding the Receivership proceedings is available below.

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