Proceedings.

Alaska Alberta Railway Development Corporation 7198362 Manitoba Ltd. and 12703131 Canada Ltd.

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Closed
Proceeding
Interim receivershipsection 47.1 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
Filings held38
Last activity25 Oct 2023
On the record1,790 days
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Case updates38 dated entries
Parties

Debtor

Alaska Alberta Railway Development Corporation 7198362 Manitoba Ltd. and 12703131 Canada Ltd.

Interim receiver

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredBridging Finance Inc. (as agent/lender for Bridging, including related entities and investment funds) · in 6 casesDescribed as 'the NOI Companies' primary secured lender' and 'the only creditor with an economic interest in the Company's assets'; no balance stated. Receiver (PwC) issued demand letter and Notice of Intention to Enforce Security under s.244 BIA on June 8, 2021. — debtor: Alaska – Alberta Railway Development CorporationSecond Report of the Trustee

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

This 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.

RecoveriesAs stated in the filings

Unsecured creditors: a distribution.Under the plan · sanctionedForm 40 - Trustee's Report on Proposal and Exhibits · 1 Dec 2021

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCrown Claims and Claims by Preferred Creditorspaid in fullconditionalUnder the plansanctionedper the trusteeForm 40 - Trustee's Report on Proposal and Exhibits · 1 Dec 2021
Unsecureda distributionconditionalUnder the plansanctionedper the trusteeForm 40 - Trustee's Report on Proposal and Exhibits · 1 Dec 2021

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.

Fees and ratesAs stated in the filings

4 engagements · 2 firmslatest: Lawson Lundell LLP, 1 Oct – 15 Nov 2021, $17,722.00 in feesThird Report of the Interim Receiver · 7 Dec 2021

FirmPeriodHoursFeesRatesSource
Lawson Lundell LLPCounsel to the trusteeperiod 2 of 21 Oct – 15 Nov 2021$17,722.00ex. taxnot statedThird Report of the Interim Receiver · 7 Dec 2021
Lawson Lundell LLPCounsel to the trusteeperiod 1 of 2to 30 Sep 2021Sought$7,679.00ex. taxnot statedThird Report of the Trustee · 7 Oct 2021
MNP Ltd.Proposal trusteeperiod 2 of 21 Oct – 15 Nov 2021$57,017.00ex. taxnot statedThird Report of the Interim Receiver · 7 Dec 2021
MNP Ltd.Interim receiverperiod 1 of 2to 30 Sep 2021Sought$53,690.00ex. taxnot statedThird Report of the Trustee · 7 Oct 2021
Documents
38 filings
DateDocumentFile
Filed Order Discharging TrusteePDF
Notice of Application - Approval of Interim Receiver's Fees and Activities and DischargePDF
Notice of Application for Approval of ProposalPDF
Proposal Approval Order (draft)PDF
Proposal Approval OrderPDF
Third Report of the Interim Receiver
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Tax: $2.85K · Label: GST · Quote: 2,851 $ · Fees: $57K · Quote: 57,017 $ $ · Total: $59.9K · Quote: 59,868 $ · includes tax · includes disbursements · Approximate: false · Period: End: 2021-11-15 · Kind: invoice · Label: Billing Period · Quote: for the period from October 1 to November 15, 2021, and fees estimated to be required to complete the administration of the interim receivership (the 'Billing Period') · Start: 2021-10-01 · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 2101 · Date: 2021-11-25 · Fees: 42017 · Quote: 25-Nov-21 | 10082511 | To November 15, 2021 | 42,017 $ | - $ | 2,101 $ | 44,118 $ · Total: 44118 · Period end: 2021-11-15 · Disbursements: 0; Tax: 750 · Fees: 15000 · Quote: Estimate to complete | Estimate to complete | Estimate to complete | 15,000 | - | 750 | 15,750 · Total: 15750 · Disbursements: 0 · Firm text: MNP Ltd. · Firm quote: MNP Ltd. · Context quote: MNP Ltd. ('MNP') consented to act as Trustee (the 'Proposal Trustee') under the NOI of A2A and two related companies; Form: invoice_listing · Rows: · Money: Tax: $911 · Label: GST · Quote: 911 $ · Fees: $17.7K · Quote: 17,722 · Total: $19.2K · Quote: 19,173 $ · includes tax · includes disbursements · Approximate: false · Disbursements: $540 · Quote: 540 $ · Period: End: 2021-11-15 · Kind: invoice · Label: Billing Period · Quote: for the period from October 1 to November 15, 2021, and fees estimated to be required to complete the administration of the interim receivership (the 'Billing Period') · Start: 2021-10-01 · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 811 · Date: 2021-11-08 · Fees: 15722 · Quote: 08-Nov-21 | 1122790 | To October 31, 2021 | 15,722 | 540 $ | 811 $ | 17,073 $ · Total: 17073 · Period end: 2021-10-31 · Disbursements: 540; Tax: 100 · Fees: 2000 · Quote: Estimate to complete | Estimate to complete | Estimate to complete | 2,000 | - | 100 | 2,100 · Total: 2100 · Disbursements: 0 · Firm text: Lawson Lundell LLP · Firm quote: Lawson Lundell LLP · Context quote: Lawson Lundell LLP Barristers and Solicitors Suite 1100, 225 - 6 th Avenue SW Calgary, AB T2P 1N2
PDF
Bench Brief - Application Approval of Proposal (unfiled)PDF
Creditor Form 40.1 Mail outPDF
Form 40 - Trustee's Report on Proposal and Exhibits
  • Recovery outcome Entries: per plan; per plan; per liquidation_alternative · Stated on: 2021-12-01 · Table missing:
PDF
Minutes of the Meeting of Creditors to Consider the ProposalPDF
Certificate of FilingPDF
Creditor Mail OutPDF
Final Interim Receivers Second Report
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Tax: $6.28K · Label: GST · Quote: 6,275 $ · Fees: $125K · Quote: 125,236 $ · Total: $132K · Quote: 131,779 $ · includes tax · includes disbursements · Approximate: false · Disbursements: $267 · Quote: 267 $ · Period: End: 2021-09-30 · Kind: invoice · Quote: Attached as 'Schedule 3' is a summary of the professional fees and disbursements of the Interim Receiver and Lawson for the period ended September 30, 2021 (collectively, the 'IR Professional Fees and Disbursements'). · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 3835 · Date: 2021-09-03 · Fees: 76424 · Quote: 03-Sep-21 | 9993895 | To August 30, 2021 | 76,424 $ | 267 $ | 3,835 $ | 80,526 $ · Total: 80526 · Period end: 2021-08-30 · Disbursements: 267; Tax: 2441 · Date: 2021-10-05 · Fees: 48813 · Quote: 05-Oct-21 | 10030162 | to September 30, 2021 | 48,813 | - | 2,441 | 51,253 · Total: 51253 · Period end: 2021-09-30 · Firm text: MNP Ltd. · Firm quote: MNP Ltd. · Context quote: MNP Ltd., in its capacity as Interim Receiver of Alaska -Alberta Railway Development Corporation, and not in its personal or corporate capacity; Form: invoice_listing · Rows: · Money: Tax: $1.76K · Label: GST · Quote: 1,762 $ · Fees: $35K · Quote: 35,040 · Total: $37K · Quote: 37,049 $ · includes tax · includes disbursements · Approximate: false · Disbursements: $247 · Quote: 247 $ · Period: End: 2021-09-30 · Kind: invoice · Quote: Attached as 'Schedule 3' is a summary of the professional fees and disbursements of the Interim Receiver and Lawson for the period ended September 30, 2021 (collectively, the 'IR Professional Fees and Disbursements'). · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 1241 · Date: 2021-08-17 · Fees: 24692 · Quote: 17-Aug-21 | 1121805 | To August 17, 2021 | 24,692 | 175 $ | 1,241 $ | 26,107 $ · Total: 26107 · Period end: 2021-08-17 · Disbursements: 175; Tax: 439 · Date: 2021-09-20 · Fees: 8709 · Quote: 20-Sep-21 | 1122101 | To September 20, 2021 | 8,709 | 72 | 439 | 9,220 · Total: 9220 · Period end: 2021-09-20 · Disbursements: 72; Tax: 82 · Date: 2021-10-04 · Fees: 1640 · Quote: 04-Oct-21 | 1122164 | To September 30, 2021 | 1,640 | | 82 | 1,721 · Total: 1721 · Period end: 2021-09-30 · Firm text: Lawson Lundell LLP · Firm quote: Lawson Lundell LLP · Context quote: Lawson Lundell LLP Barristers and Solicitors Suite 1100, 225 - 6 th Avenue SW Calgary, AB T2P 1N2
PDF
Third Report of the Trustee
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Tax: $2.69K · Label: GST · Quote: 2,685 $ · Fees: $53.7K · Quote: 53,690 $ · Total: $56.4K · Quote: 56,392 $ · includes tax · includes disbursements · Approximate: false · Disbursements: $17 · Quote: 17 $ · Period: End: 2021-09-30 · Kind: invoice · Label: the period ended September 30, 2021 · Quote: for the period ended September 30, 2021 · Approval: Quote: seeking approval of their respective professional fees and disbursements as well as those of their legal counsel, Lawson Lundell LLP · State: sought · Averages: · Currency: · Invoices: Tax: 887 · Date: 2021-07-21 · Fees: 17741 · Quote: 21-Jul-21 | 9940374 | To June 28, 2021 | 17,741 $ | - $ | 887 $ | 18,628 $ · Total: 18628 · Period end: 2021-06-28 · Disbursements: 0; Tax: 985 · Date: 2021-07-23 · Fees: 19701 · Quote: 23-Jul-21 | 9942176 | To July 12, 2021 | 19,701 | - | 985 | 20,686 · Total: 20686 · Period end: 2021-07-12 · Disbursements: 0; Tax: 274 · Date: 2021-09-03 · Fees: 5455 · Quote: 03-Sep-21 | 9993901 | To August 30, 2021 | 5,455 | 17 | 274 | 5,745 · Total: 5745 · Period end: 2021-08-30 · Disbursements: 17; Tax: 540 · Date: 2021-10-06 · Fees: 10793 · Quote: 06-Oct-21 | 10029848 | To September 30, 2021 | 10,793 | - | 540 | 11,332 · Total: 11332 · Period end: 2021-09-30 · Disbursements: 0 · Firm text: MNP Ltd. · Firm quote: MNP Ltd. · Context quote: Attached as "Schedule 2" is a summary of the professional fees and disbursements of the Trustee and Lawson for the period ended September 30, 2021 (collectively, the "NOi Fees").; Form: invoice_listing · Rows: · Money: Tax: $388 · Label: GST · Quote: 388 $ · Fees: $7.68K · Quote: 7,679 $ · Total: $8.15K · Quote: 8,150 $ · includes tax · includes disbursements · Approximate: false · Disbursements: $84 · Quote: 84 $ · Period: End: 2021-09-30 · Kind: invoice · Label: the period ended September 30, 2021 · Quote: for the period ended September 30, 2021 · Approval: Quote: seeking approval of their respective professional fees and disbursements as well as those of their legal counsel, Lawson Lundell LLP · State: sought · Averages: · Currency: · Invoices: Tax: 388 · Date: 2021-07-13 · Fees: 7679 · Quote: 13-Jul-21 | 1121513 | To July 13, 2021 | 7,679 $ | 84 $ | 388 $ | 8,150 $ · Total: 8150 · Period end: 2021-07-13 · Disbursements: 84 · Firm text: Lawson Lundell LLP · Firm quote: Lawson Lundell LLP · Context quote: Attached as "Schedule 2" is a summary of the professional fees and disbursements of the Trustee and Lawson for the period ended September 30, 2021 (collectively, the "NOi Fees").
PDF
Application - Extension of StayPDF
LT - Justice Neufeld providing materials for Aug 26, 2021PDF
First Report of the Interim ReceiverPDF
Second Report of the Trustee
  • Secured creditors Note: Described as 'the NOI Companies' primary secured lender' and 'the only creditor with an economic interest in the Company's assets'; no balance stated. Receiver (PwC) issued demand letter and Notice of Intention to Enforce Security under s.244 BIA on June 8, 2021. · Page: 4 · Debtor: Alaska – Alberta Railway Development Corporation · Creditor: Bridging Finance Inc. (as agent/lender for Bridging, including related entities and investment funds) · Currency: CAD
PDF
FAQ Handout IR Info IncludedPDF
Interim Receivership Order signed unfiled
  • Proceeding type interim_receivership
  • Statutory basis section 47.1 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
PDF
Order (Stay Extension)
  • Presiding officer Justice D.L. Shelley
PDF
Order Termination of Period for Filing a Proposal Payment of Professional Fees
  • Presiding officer Justice D.L. Shelley
PDF
BriefPDF
Affidavit of Graham PagePDF
Consent to Act as Interim Receiver (MNP Ltd.)PDF
Material Adverse Change ReportPDF
Notice of ApplicationPDF
Notice of Application (Extension of Stay Period)PDF
Notice of Application (Termination of Period for Filing a Proposal, Payment of Professional Fees)PDF
Receiver's Preliminary Report and SchedulesPDF
Service ListPDF
Trustee's First Report with SchedulesPDF
Certificate for the Notice of Intention - 12703131 Canada Ltd.PDF
Certificate for the Notice of Intention - 7198362 Manitoba Ltd.PDF
Certificate for the Notice of Intention - Alaska Alberta Railway Development CorporationPDF
Creditors Package - 12703131 Canada Ltd.PDF
Creditors Package - 7198362 Manitoba Ltd.PDF
Creditors Package - Alaska - Alberta Railway Development CorporationPDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Alaska Alberta Railway Development Corporation 7198362 Manitoba Ltd. and 12703131 Canada Ltd.” (Interim receivership). Retrieved 20 September 2026, https://proceedings.ca/case/alaska-alberta-railway-development-corporation-7198362-manitoba-ltd-and-12703131

Sources last checked · record updated 2 September 2026 · Report a correction · Printed from proceedings.ca/case/alaska-alberta-railway-development-corporation-7198362-manitoba-ltd-and-12703131

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.