#Sale
The court granted an approval and vesting order. Closing terms, as extracted: Vesting of Purchased Assets occurs upon delivery of Receiver's Closing Certificate.
Big Country Construction and Building Supplies 2018 Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, and sections 13(2) of the Judicature Act, 99(a) of the Business Corporations Act, and 65(7) of the Personal Property Security Act
- File
- 2601-
Filings held5
Last activity17 Jun 2026
On the record96 days
Secured debt$373K
OverviewSummary updated
Big Country Construction and Building Supplies 2018 Ltd. was placed into court-appointed receivership by an order of the Court of King's Bench of Alberta pronounced on June 17, 2026, the date the proceeding commenced. The receivership is brought under section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act authority, and is carried on the Alberta court file bearing the prefix 2601-. The proceeding remains active. Beyond the appointment order itself, no further steps have been recorded on this file.
Proceedings AIAsk this case — answers cite the filings
Case updates5 dated entries
#Order
Order pronounced June 17, 2026 placing the company into court-appointed receivership, commencing the Alberta proceeding on that date.
AnalysisAll insights
Filing brief
Big Country: appointed and sold on the same day
A construction business started near Hanna, Alberta in 1977 and sold to the founders' son in 2019 lost its only director when he died in April 2025, and ran on without one until the last employees were let go. His mother, who holds the security, did not want to run it. A former employee did. The receivership exists to give him title.
Parties
Debtor
Big Country Construction and Building Supplies 2018 Ltd.
Receiver
BDO
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesDeemed trust class (GST ~$16,000 and employee source deductions ~$37,500); document states figure as approximate/floor - 'a little over $53,500.00'; further amounts may be found owing once the Receiver conducts necessary reviews. — debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) | $53.5K | Affidavit of Mary Anne Rees, sworn June 9, 2026 |
| 4 | Secured | 101825 Alberta Ltd. ("101")General Security Agreement dated January 3, 2019 over all present and after-acquired personal property of BCCBS (equipment, inventory, accounts, intangibles); secured also by two Promissory Notes ($91,500 equipment note and $146,561.90 inventory note) and $135,000 in operating loans — Related party - 101 is a former affiliate/predecessor entity under common family ownership (Rees family); Lane Rees (director/98.8% shareholder of BCCBS) personally guaranteed all amounts owing by BCCBS to 101 (Personal Guarantee, Exhibit G) - individual guarantor. Stated amount is 'present balance...plus interes · as of 9 Jun 2026 | $373K | Affidavit of Mary Anne Rees, sworn June 9, 2026 |
| 4 | Secured | New Home Warranty Insurance (Canada) Corporation (NHWIC)$25,000 bond against BCCBS; asserting security over BCCBS assets per Personal Property Registry search — No claims currently being advanced by NHWIC and no issues known likely to give rise to a claim; New Home Warranty search (Exhibit J) indicates no enforcement actions underway. — debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) | $25K | Affidavit of Mary Anne Rees, sworn June 9, 2026 |
| 4 | Secured | Buckwold Western Ltd. · in 3 casesSecurity over inventory supplied by Buckwold to BCCBS and proceeds thereof (PPSA registration) — BCCBS is currently owed a credit FROM Buckwold in the amount of $442.41 (i.e., Buckwold owes BCCBS, not the reverse); no amount owed by BCCBS to Buckwold is stated. — debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) | — | Affidavit of Mary Anne Rees, sworn June 9, 2026 |
“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.
Sale processAs stated in the filings
Closing termsVesting of Purchased Assets occurs upon delivery of Receiver's Closing CertificateApproval and Vesting Order, granted June 17, 2026
Documents5 filings
| Date | Document | File |
|---|---|---|
Approval and Vesting Order, granted June 17, 2026
| ||
Receivership Order, granted June 17, 2026
| ||
Application to Appoint a Receiver June 10, 2026
| ||
First Report of the Proposed Receiver, dated June 10, 2026
| ||
Affidavit of Mary Anne Rees, sworn June 9, 2026
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Big Country Construction and Building Supplies 2018 Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/big-country-construction-and-building-supplies-2018-ltd