1875329 Alberta Ltd. The Compete Masonry Ltd., 1875329 Alberta Ltd. and Beatty Rentals Ltd.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, sections 13(2) of the Judicature Act, 99(a) of the Business Corporations Act, and 65(7) of the Personal Property Security Act
- File
- 1903-06817
- Industry
- Construction · Specialty trade contractors
1875329 Alberta Ltd., together with The Complete Masonry Ltd. and Beatty Rentals Ltd., has been in court-appointed receivership since April 10, 2019, when the Court of King's Bench of Alberta appointed MNP Ltd. as Receiver on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act, section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act and section 65(7) of the Personal Property Security Act, in file 1903 06817. RBC's secured claim was estimated at $2,436,876 as at the appointment date. Land and property held by 1875329 Alberta Ltd. was carried at $2,169,083 on 2018 year-end financial statements, with an appraisal in progress. The receivership remains active.
The court granted an approval and vesting order for the sale to 2013 JLGG10-55A Telehandler S/N0160045082; and 2015 G9-43A JLG TelehandlerForklift S/N 0160068831 (the "Equipment"). Closing terms, as extracted: Auction proceeds handling, commission deduction, and cancellation of security registrations upon confirmation of receipt of Purchase Price.
Receivership order granted, placing the three companies under court-appointed receivership in Alberta and commencing the proceeding under court file 1903 06817.
Source: Receivership Order
Debtor
1875329 Alberta Ltd. The Compete Masonry Ltd., 1875329 Alberta Ltd. and Beatty Rentals Ltd.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (Payroll Source Deductions) · in 986 casesas of receivership appointment date (April 10, 2019) — Deemed trust claim (CRA payroll source deductions); estimate only, subject to change — debtor: The Complete Masonry Ltd. (TCM) | $456K | Notice & Statement |
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
32 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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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.
2 transactions · 1 approved · 1 proposed — Unit 6 Offer accepted by Receiver, subject to Court approval; other offers rejected; sale of Commercial Units still pendingFifth Report to Court · 13 Oct 2020
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchaser(s) at Ritchie Bros. auction, unnamed2013 JLGG10-55A Telehandler S/N0160045082; and 2015 G9-43A JLG TelehandlerForklift S/N 0160068831 (the "Equipment") · auction · nominee/assignee: purchaser's nominee | Subscribers | Approved10 Apr 2019 | Auction Approval and Vesting Order |
| 707308 Alberta Ltd.Unit 6 · real property · agreement 28 Aug 2020 | Subscribers | Proposed | Fifth Report to Court |
CRA: a distribution.EstimatedFifth Report to Court · 13 Oct 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | CRA | — | Estimatedper the receiver | Fifth Report to Court · 13 Oct 2020 | |
| Secured | Municipality of Grande Prairie | — | Estimatedper the receiver | Third Report to Court · 14 Jun 2019 | |
| SecuredRBC | Royal Bank of Canada | — | interimconditional | Estimatedper the receiver | Fifth Report to Court · 13 Oct 2020 |
| Unsecured | CRA | — | paid in fullfinal | per the receiver | Fifth Report to Court · 13 Oct 2020 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
4 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Sixth Report to Court | PDF · Subscribers | |
Fifth Report to Court
| PDF · Subscribers | |
| Fourth Report to Court | PDF · Subscribers | |
Third Report to Court
| PDF · Subscribers | |
| First Report to Court | PDF · Subscribers | |
Second Report to Court
| PDF · Subscribers | |
Notice & Statement
| PDF · Subscribers | |
Auction Approval and Vesting Order
| PDF · Subscribers | |
Receivership Order
| 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., “1875329 Alberta Ltd. The Compete Masonry Ltd., 1875329 Alberta Ltd. and Beatty Rentals Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/1875329-alberta-ltd