Proceedings.

101025963 Saskatchewan Ltd. & 102023806 Saskatchewan Ltd.

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Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 ("BIA"), section 65(1) of The Queen's Bench Act, 1998, SS 1998, c Q-1.01, and section 64(8) of The Personal Property Security Act, 1993, SS 1993, c P-6.2
File
QBG 1040 of 2021
Filings held4
Last activity3 Nov 2021
On the record1,804 days
Secured debtSubscribers
OverviewSummary updated

101025963 Saskatchewan Ltd. and 102023806 Saskatchewan Ltd. were placed into court-ordered receivership on October 13, 2021, when the Court of Queen's Bench for Saskatchewan appointed Grant Thornton Limited receiver on the application of Royal Bank of Canada (court file no. QBG 1040 of 2021), under section 243(1) of the Bankruptcy and Insolvency Act, section 65(1) of The Queen's Bench Act, 1998 and section 64(8) of The Personal Property Security Act, 1993. As at October 28, 2021, the companies' combined assets were reported at $2,981,046, made up chiefly of land and building ($2,026,274) and equipment and paving assets ($783,644). Royal Bank of Canada was owed approximately $1,528,000 plus interest, fees and costs; Affinity Credit Union, Service Canada and two individual PPSA claimants, James Glen Taylor and Jill Louise Taylor, also held registered security interests. The receivership remains active.

Case updates4 dated entries

1 earlier update, back to 13 October 2021 subscribers.

Parties

Debtor

101025963 Saskatchewan Ltd. & 102023806 Saskatchewan Ltd.

Receiver

Doane Grant Thornton

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesas of date of appointment (October 28, 2021) — Primary secured creditor; amount stated as approximate ('owed approximately $1,528,000 plus interest, fees and costs') — debtor: 101025963 Saskatchewan Ltd. and 102023806 Saskatchewan Ltd.$1.53MNotice and Statement of Receiver dated November 3, 2021

4 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents4 filings
DateDocumentFile
Notice and Statement of Receiver dated November 3, 2021
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Brief of Law dated October 22, 2021
  • Applicant ROYAL BANK OF CANADA
  • Court COURT OF QUEEN’S BENCH FOR SASKATCHEWAN IN BANKRUPTCY AND INSOLVENCY
  • Court file no QBG 1040 of 2021
  • Statutory basis Subsection 243(1) of the BIA
PDF · Subscribers
Affidavit of S Kim dated October 13, 2021
  • Applicant ROYAL BANK OF CANADA
  • Court COURT OF QUEEN'S BENCH FOR SASKATCHEWAN
  • Court file no QBG 1040 of 2021
PDF · Subscribers
Originating Application dated October 13, 2021
  • Applicant Royal Bank of Canada
  • Appointee Grant Thornton Limited
  • Appointee role receiver
  • Commencement date 13 October 2021
  • + 3 more extracted facts
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “101025963 Saskatchewan Ltd. & 102023806 Saskatchewan Ltd.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 20 September 2026, https://proceedings.ca/case/101025963-saskatchewan-ltd-102023806-saskatchewan-ltd

Sources last checked · summary updated 6 September 2026 · Report a correction · Printed from proceedings.ca/case/101025963-saskatchewan-ltd-102023806-saskatchewan-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.