#Report
1267036 Alberta Ltd., formerly UTV Canada Inc., filed a voluntary assignment into bankruptcy, opening this BIA proceeding in Alberta; a court officer report was filed the same day.
Source: Trustee's Preliminary Report
1267036 Alberta Ltd. formerly UTV Canada Inc.
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 24 – 3387141
Filings held2
Last activity17 Jun 2026
On the record96 days
Secured debt$107K
OverviewSummary updated
1267036 Alberta Ltd., formerly UTV Canada Inc., filed an assignment into bankruptcy on June 17, 2026, commencing proceedings under the Bankruptcy and Insolvency Act in Alberta under court file number 24 – 3387141. The record identifies the company by both its numbered name and its former name, UTV Canada Inc., and refers to it as "126" or "the bankrupt." The assignment is voluntary rather than the result of a creditor application. The proceeding remains active, and the record to date consists of the assignment itself and a report of the court officer filed the same day. No further steps, meetings or determinations are reflected in the record.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
Parties
Debtor
1267036 Alberta Ltd. formerly UTV Canada Inc.
Trustee in bankruptcy
EY
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | ATB Financial - Asset Management · in 13 casesBank loans (except real property mortgage) secured by listed assets (cash, tax refunds, accounts receivable); date given/incurred 23-Jan-2023 — Claim bifurcated: total claim of $7,190,916.52 split as $107,185.00 secured (per Statement of Affairs) and $7,083,731.52 unsecured (see unsecured creditors list); estimated deficiency from security -$7,083,731.52 — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $107K | Notice of Bankruptcy and Creditor Package |
| 4 | Secured | ATB Financial · in 56 casesGeneral Security Agreement listed on PPSA report — Statement of Affairs lists ATB Financial as sole secured creditor; claim not filed as at this date, so Trustee has not undertaken a review of the security and amount is unstated — debtor: 1267036 Alberta Ltd. (formerly UTV Canada Inc.) · as of 18 Jun 2026 | — | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | ATB Financial - Asset Management · in 13 casesBifurcated portion of claim exceeding realizable security value; total claim $7,190,916.52, of which $107,185.00 is secured (see secured creditors) — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $7.08M | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Deloitte LLP · in 30 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $80.2K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Pit ViperAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $65.7K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Bryan & Company LLP · in 2 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $65.5K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | KV Capital Inc. · in 3 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $39.6K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Western Power Sports (FLY)Accounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $26.6K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Borden Ladner Gervais LLP · in 28 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $18K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Bennett Jones LLP · in 26 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $5.99K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Nikwax North AmericaAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $3.86K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Garmin USA · in 2 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $3.42K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Terra Communications LimitedAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $2.96K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Peak Design ProductsAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $1.52K | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Qingdao Poi Sport Co. Ltd.Accounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $286 | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Black DiamondAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $170 | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Town of GoldenAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $80 | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | Fox Factory Inc. · in 2 casesAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $37 | Notice of Bankruptcy and Creditor Package |
| 8 | Unsecured | 509 USDAccounts payable — debtor: Mountain Sports Distribution Inc. · as of 16 Jun 2026 | $1 | Notice of Bankruptcy and Creditor Package |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Estate financialsReported figures — never derived
Total assets at filing$107K
Total liabilities at filing$7.5M
As at 16 Jun 2026 · per Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · Entity-level: Mountain Sports Distribution Inc. — Deficiency of $7,397,631.23 stated on face of Statement of Affairs; separately, 1267036 Alberta Ltd. (formerly UTV Canada Inc.) Trustee's Preliminary Report (p.10) lists only partial assets of $20,139.26 (GST refund and accounts receivable) with no total liabilities figure stated in these pages.
Documents2 filings
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy and Creditor Package
| ||
Trustee's Preliminary Report
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “1267036 Alberta Ltd. formerly UTV Canada Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1267036-alberta-ltd-formerly-utv-canada-inc