Elite Storage North Edmonton LP, Elite Storage North Edmonton GP Ltd. and BCCQ Global Holdings Ltd., Receivership

Elite Storage North Edmonton LP, Elite Storage North Edmonton GP Ltd. and BCCQ Global Holdings Ltd., which carry on operations as a storage business and holding company respectively, were placed into receivership on July 31 on application by Alberta Finance & Mortgage Corporation (AFMC), owed approximately $5.6 million.

AFMC purchased the indebtedness from Servus Credit Union Ltd., which provided financing to Elite Storage for its ongoing operations in July 2025. Elite Storage became unable to meet its obligations as they came due as a result of a shareholders’ dispute between the controlling minds of Elite Storage and BCCQ Global Holdings.

Blanchard & Company is the receiver.

Counsel is Bryan & Company for AFMC and Witten for the receiver.