As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
(CAN) DURING TAKEOFF/CLIMB OUT OF A WOODED AREA, THE PILOT GOT A HYDRAULIC LIGHT INDICATION. HE LATER REPORTED THAT THE AIRCRAFT HAD A COMPLETE HYDRAULIC FAILURE. THE CAUSE OF THE FAILURE WAS DUE TO A BEARING FAILURE IN THE HYDRAULIC DIVE PULLEY, THE CAGE OR THE BEARING HAD BROKEN APART CAUSING THE PULLEY ASSEMBLY TO SEIZE AND THE HYDRAULIC BELT TO BREAK. THE AIRCRAFT LANDED WITHOUT FURTHER INCIDENT.