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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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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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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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10643513 Canada Inc.

Esports Central

10643513 Canada Inc. filed an assignment in bankruptcy on April 21, 2022 and MNP Ltd. was named as Trustee to the file.

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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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Quality Fertilizers Inc.

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...

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Effenco Development Inc.

Effenco Development Inc. filed an assignment in bankruptcy on April 6, 2022 and MNP Ltd. was named as Trustee to the file.

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