#Filing
Royal Bank of Canada applied to appoint MNP Ltd. receiver and manager of the company, relying on section 243(1) of the BIA and section 13(2) of the Judicature Act.
Source: Application
1291748 Alberta Ltd. o/a Red Deer Windows & Doors
ActiveFollow
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 (the “BIA”), section 13(2) of the Judicature Act, RSA 2000, c J-2
- File
- 2601-12610
- Industry
- Construction · Home building & renovation
OverviewSummary updated
1291748 Alberta Ltd., operating as Red Deer Windows & Doors, is the subject of court-appointed receivership proceedings brought by Royal Bank of Canada in the Court of King's Bench of Alberta under court file 2601-12610, commenced October 23, 2026. RBC proceeded under section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act, with MNP Ltd. named as receiver and manager. The bank reported $963,104.36 owing as at May 8, 2026, with interest then accruing at approximately $60.12 per day on the demand and term facilities, secured by a November 8, 2021 general security agreement and collateral mortgages on two Red Deer properties, plus guarantees from four individual respondents. RBC described material deterioration in the company's liquidity and capitalization, including negative working capital and negative shareholders' equity. The matter is active.
Proceedings AIOpen Proceedings AI
Case updates4 dated entries
Parties
Debtor
1291748 Alberta Ltd. o/a Red Deer Windows & Doors
Receiver
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 586 casesGeneral Security Agreement dated November 8, 2021 over all present and after-acquired personal and real property; collateral mortgage (registered principal $170,000) on 1-4676 61 Street, Red Deer; collateral mortgage (registered principal $255,000) on 3-4676 61 Street, Red Deer; guarantees and postponements of claim from four individual guarantors — Balance as at May 8, 2026, with interest then accruing at approx. $60.12/day on Demand Facility and Term Facilities, plus legal fees and costs. A later payout statement as at October 16, 2026 is exhibited to the Blahun Affidavit (figure not stated · as of 8 May 2026 | $963K | Application |
| Secured | |||
| Secured | |||
| Secured |
3 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Documents4 filings
| Date | Document | File |
|---|---|---|
Application
| PDF · Subscribers | |
| Brief of Law of the Applicant | PDF · Subscribers | |
| Letter to Service List - October | PDF · Subscribers | |
| Affidavit of J. Blahun | 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., “1291748 Alberta Ltd. o/a Red Deer Windows & Doors” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 6 November 2026, https://proceedings.ca/case/1291748-alberta-ltd