2399430 Alberta Ltd. and 2399449 Alberta Ltd.

2399430 Alberta Ltd. and 2399449 Alberta Ltd., which collectively own four properties in Edmonton, Alberta, were placed in receivership on December 13, on application by Mike Priestner Real Estate Inc. and MPRE GP Dev Inc., owed approximately $16.3 million by the companies collectively. In addition to defaulting on the mortgages granted by the applicants, the companies have allowed significant tax arrears to become due and owing on the properties. Since the granting of the mortgages, the companies have only made one global payment of $140,000 towards the indebtedness owing to the applicants, and have made no payments since July 20, 2022. MNP was appointed receiver. Dentons is counsel for the applicants, MLT Aikins is counsel for the companies, McLennan Ross is counsel for the receiver and Blakely & Dushenski is counsel for three individual subsequent encumbrances. By Dina Milivojevic

The Urban Environment Toronto (Centre) c.o.b as Greensaver, Housemaster Toronto Inc. (“UECT”)

The Urban Environment Toronto (Centre) c.o.b as Greensaver, Housemaster Toronto Inc. ("UECT"), a not-for-profit company that implements energy conservation retrofit programs for homes and businesses in Ontario, and Greensaver Home Energy Services Inc., a home inspection company, were each placed in receivership on November 8, on application by TD Bank, owed approximately $3.9 million. UECT's contract with a customer that accounted for 85% of its sales was recently not renewed, and it laid off all of its employees. Albert Gelman was appointed receiver. Counsel is Aird & Berlis for the receiver, Lerners for the companies, Goldman Sloan Nash & Haber for the directors of the companies and Blaney McMurtry for TD Bank. By Dina Milivojevic

Wolf Creek Golf Resort Ltd.

Wolf Creek Golf Resort Ltd., which operated a 36-hole golf course and RV Park located in Ponoka, Alberta, was placed in receivership on October 13, on application by Cobra Mortgage Services Ltd., owed over $2.9 million. The company defaulted on payment of the credit facilities owed to Cobra, and also permitted the registration of a subordinate mortgage against title to mortgaged lands. The company has also defaulted on the terms of the forbearance with Cobra, including by defaulting on its payment obligations and obtaining a Western Economic Diversification loan in the amount of $340,000. NU Edge Construction Ltd. has also obtained a judgment against the company in the approximate amount of $564,000. MNP was appointed receiver. Counsel is Warren Sinclair for Cobra. By Dina Milivojevic

Solvaqua Inc.

Solvaqua Inc., a Calgary, Alberta-based company which provided proprietary wastewater management solutions based on nanopolymerization technology that allows isolated areas to reuse water, was placed in receivership on August 19, on application by Arnaki Ltd., owed approximately USD$6 million. Solvaqua’s business plan was to implement the technology in foreign jurisdictions. Its contracts with overseas buyers were insured by Export Development Canada (“EDC”). The amount owing represents the debt outstanding following EDC's payout of $1,386,000 on an insurance claim filed by the company after a buyer failed to complete the purchase of certain of the company's equipment, with the insurance proceeds having been assigned to Arnaki. MNP was appointed receiver. Counsel is Chitiz Pathak for Arnaki By Dina Milivojevic

1947755 Ontario Ltd.

1947755 Ontario Ltd., the owner of real property located at 142 King Street East, Bolton, Ontario, filed an assignment in bankruptcy on May 30, listing approximately $1.9 million in liabilities. The current shareholder purchased shares of the company in 2018 and became the sole director. In 2019, it is alleged the former director, without notice, obtained and registered a mortgage on title to the company’s property. The company became embroiled in various lawsuits, which resulted in its inability to pay its debts as they became due. Management determined it was unable to continue the company’s operations. BDO is the bankruptcy trustee. Counsel is WeirFoulds for the trustee and DH Professional Corporation for the company. By Dina Milivojevic

10412490 Canada Corp. and 10525243 Canada Corp.

10412490 Canada Corp. and 10525243 Canada Corp., the registered owners of two properties in Toronto, Ontario which are being developed into six townhomes and a single family detached home, were placed in receivership on May 24, on application by C&K Mortgage Services Inc. and Canadian Western Trust Company, owed approximately $6.5 million. Rosen Goldberg was appointed receiver. Counsel is Dickinson Wright for the applicants. By Dina Milivojevic

Bryers Contracting Ltd. and Bryers Telecom Ltd.

Bryers Contracting Ltd. and Bryers Telecom Ltd., Edmonton, Alberta-based companies, were placed into bankruptcy on May 24, on application by RBC, and with the consent of the companies. Bryers Contracting supplied and installed exterior cladding for commercial properties along with general contracting services, while Bryers Telecom provided trenching, hydrovac and direction drilling services in relation to the installation of telecom utilities. The total debt owing to RBC is approximately $1.8 million. EY is the bankruptcy trustee. McMillan is counsel for RBC. By Dina Milivojevic

The Roman Catholic Episcopal Corporation of St. John’s

The Roman Catholic Episcopal Corporation of St. John's, the legal entity of the Archdiocese of St. John’s, Newfoundland, had its NOI proceedings continued under the CCAA on May 17. The limitations of the NOI proceedings, specifically the timeline limits for filing a proposal, made it necessary to initiate the CCAA proceedings to avoid disrupting, among other things, the sale process approved as part of the NOI proceedings, various other realization and recovery efforts, and the finalization of a settlement agreement with respect to the St. Kevin’s Parish Investment Funds. EY was appointed monitor. Counsel is McInnes Cooper for the Corporation; Gowlings and Budden & Associates as Representative Counsel for the Claimants, Stewart McKelvey for EY as monitor; and Cox & Palmer for the Government of Newfoundland and Labrador. By Dina Milivojevic

2513036 Ontario Ltd.

2513036 Ontario Ltd., which operated as a Sport Clips franchise from a leased location in Ajax, Ontario, was deemed bankrupt on May 5, listing approximately $204,000 in liabilities. The Company previously filed an NOI on April 25, but failed to file the projected cash flows within the 10-day period and was deemed bankrupt. BDO is the bankruptcy trustee and previously acted as the proposal trustee. By Dina Milivojevic

CLL Capital Corp., 3MK Energy Services Inc., and Last Chance Trucking Ltd.

CLL Capital Corp., 3MK Energy Services Inc., and Last Chance Trucking Ltd., Drayton Valley, Alberta-based companies which provided heavy equipment rentals, trucking services, general oilfield construction and temporary portable water storage tanks to companies in the oil and gas and forestry industries, each filed an NOI on April 21. In February, CWB, the companies' senior secured creditor, advised the companies that it wished to exit the lending relationship with the companies. The companies assessed their financial circumstances and determined that an orderly wind-down of their operations would be the best alternative for repaying the indebtedness to CWB. MNP is the proposal trustee. Counsel is DLA Piper for the companies. By Dina Milivojevic