An important general meeting of creditors is taking place this afternoon for the 24 creditors and the La Mauricie International Canoe Classic which has submitted a proposal to the Lemieux Nolet trustee agency. The sum for the 24 creditors amounts to $307,056.57.
In the trustee’s notice, we learn that Jacques St-Pierre (president), Keven Frase (vice-president), Caroline Odjick (secretary), Dany Boucher (administrator), Alexandra Campeau (administrator), Francine Baril (administrator), and Gérald Boivin (administrator) form the board of directors of La Classique.
Over the past 12 months, resignations have occurred from Alain Cloutier, André Beauchesne, Valérie Lalbin, and Yvon Laplante.
Classic’s unsecured liabilities are estimated at $297,770 and are made up of accounts payable ($76,570), credit cards ($16,200) and bank debts ($205,000).
The Classique’s guaranteed liability is estimated at $10,000 and is made up of a conventional non-possessory mortgage encompassing the universality of the property and accounts receivable ($10,000).
Only creditors can attend this general meeting.
According to our information, people on condition of anonymity have mentioned that they no longer want to do business with La Classique and are asking for a wholesale resignation of people on the current board of directors of La Classique for a possible takeover.
At the same time, the St-Maurice Canoe Challenge (DCSM), which resumed the event this year in a very short time following the withdrawal of the Classic, issued a press release which raises certain questions in connection with the Classic.
“In just seven weeks, the organizing team took on a major challenge: creating an event capable of successfully taking over from the prestigious Classic. The bet was met with the achievement of registration objectives and financial figures that would make one blush. No less than 23 C2 canoes and 7 rabaska canoes took the start, bringing together a total of 151 participants, a real feat for an organization set up in record time and all resulted in an operating surplus of $15,000 , a sum which will be entirely reinvested to promote canoeing in Quebec,” we can read in the press release.
“The DCSM also shone on the international scene by becoming the third leg of the Triple Crown of marathon canoeing. This addition allowed C2 boaters to complete this prestigious series of competitions, giving them the opportunity to measure themselves against the best and conclude a season rich in emotions. In conclusion, if the future of the Mauricie Canoe Classic is currently up in the air, the Saint-Maurice Canoe Challenge has demonstrated that there is a generation ready to carry the canoe colors high. The community is more united than ever and fans of this sport can look to the future with optimism,” concludes the press release issued today.
