Corporate Engagements

On August 22, 2022, TACCOM Rapid Deployment Protection Group Inc. filed a Proposal, dated August 22, 2022, pursuant to s. 62(1) of the Bankruptcy and Insolvency Act (Canada) and MNP Ltd. was named as the Proposal Trustee.

Tankhouse Development Inc. was placed into receivership on August 25, 2022 on application by the Business Development Bank of Canada who is owed approximately, $1,566,470. In addition to the BDC debt the Company, there is secured amounts outstanding with Farm Credit Canada, City of Belleville and Canada Revenue Agency. The Company owns specific real estate and operates a brewery known as Signal Brewing Company in a heritage building in the Corbyville...

TechCanada Contracting Ltd. (the "Company") owned and operated a construction company with operations in Alberta and BC. On November 10, 2023, the Company made an assignment into Bankruptcy. MNP Ltd. was appointed as Licensed Insolvency Trustee. The First Meeting of Creditors in the Bankruptcy of the Company will be held via teleconference on the 28th of November 2023 at 2:00 PM MST respectively. Call in details can be found in the creditor’s...

Terra Firma Development Corporation Limited (the "Company") was a property developer of a residential real estate project in Ardoise, Nova Scotia, known as Forest Lakes Country Club. On August 5, 2020, S + C Treuhandgesellschaft mbH filed an application to Court to have the Company adjudged bankrupt, and on September 22, 2020, the Supreme Court of Nova Scotia issued a Bankruptcy Order and appointed MNP Ltd. as Licensed Insolvency Trustee of the bankrupt...

The Carpet Place Inc. (the “Company”) operated a flooring retail store. It was incorporated in 1995 in the province of Ontario. The Company made an assignment in bankruptcy on August 12th, 2022.

The director assigned the company into bankruptcy as result of the COVID-19 operating restrictions. The company operated a coffee shop in downtown Kingston Ontario. The operating of the lease for the company was set to expire in May 2020 and the landlord refused to provide a month to month lease and required at least a one year term. Given the operating uncertainty around COVID-19 requirements, the director elected to cease operations.

The Deck Store Ltd. (the "Company") owned and operated a decking supply and construction company based out of leased premises in Edmonton, Alberta. On January 30, 2024, the Company made an assignment into Bankruptcy. MNP Ltd. was appointed as Licensed Insolvency Trustee. The First Meeting of Creditors in the Bankruptcy of the Company will be held via teleconference on the 16th of February 2024 at 9:00 AM MST respectively. Call in details...

The House of Cheese ceased operations on December 31, 2022, after 43 years of operations. The operations in the Ottawa Byward Market and Barrhaven locations both closed effective December 31, 2022. The principal shareholder passed away in early 2022 and with falling sales and increasing costs to operate including purchasing of inventory, the surviving family members elected to close both locations. The level of debt in both companies was not significant,...