Brar Brothers Ltd., A2Z Liquor Ltd., and Alberta Inn Wetaskiwin Ltd.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act; section 65(1) of the Alberta Personal Property Security Act; section 49(2) of the Law of Property Act; section 13(2) of the Judicature Act
- File
- 2603-01520
Brar Brothers Ltd., A2Z Liquor Ltd., and Alberta Inn Wetaskiwin Ltd. were placed in court-appointed receivership by an order pronounced on February 12, 2026 in the Court of King's Bench of Alberta, on the authority of section 243 of the Bankruptcy and Insolvency Act and the provincial Judicature Acts. The proceeding is carried on court file 2603-01520 and remains active. The receivership order is the only step recorded to date; nothing further has been entered on the file for the three companies.
Order pronounced February 12, 2026 placing the three companies into court-appointed receivership, commencing the proceeding in the Court of King's Bench of Alberta under file 2603-01520.
Source: Receivership Order
Debtor
Brar Brothers Ltd., A2Z Liquor Ltd., and Alberta Inn Wetaskiwin Ltd.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Business Development Bank of Canada (BDC) · in 251 casesGeneral Security Agreement (Jan 8, 2019) over all present/after-acquired property; PPSA financing statement (Reg. No. 19010224357); Collateral Mortgage (Jan 8, 2019, reg'd Jan 18, 2019, Instr. No. 192 015 315) over Mortgaged Lands (Plan 9323102, Block 3, Lot 14A) securing principal sum of $3,556,000.00 plus interest; General Assignment of Rents (caveat Instr. No. 192 015 316) — Original Loan principal advanced was $3,556,000.00 (Dec 19, 2018 Letter of Offer); outstanding balance stated is exclusive of unbilled costs; interest accruing at 7.25% p.a.; balance statement current to Jan 15, 2026 (E · as of 16 Jan 2026 | $3.4M | Affidavit |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured |
3 more claims in 2 classes The stack holds 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.
Marketed — Travelodge by Wyndham Wetaskiwin property (building, land and select operating business) listed for receivership sale, price reduced to $4,450,000 from $4,749,000; no purchaser identified.Property Brochure · 11 May 2026
| Date | Document | File |
|---|---|---|
Property Brochure
| PDF · Subscribers | |
| Receiver's Certificate - A2Z Liquor Ltd. | PDF · Subscribers | |
| Receiver's Certificate - Alberta Inn Wetaskiwin Ltd. | PDF · Subscribers | |
| Receiver's Certificate - Brar Brothers Ltd. | PDF · Subscribers | |
Affidavit
| PDF · Subscribers | |
Application
| PDF · Subscribers | |
| Brief of Business Development Bank of Canada | 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., “Brar Brothers Ltd., A2Z Liquor Ltd., and Alberta Inn Wetaskiwin Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/brar-brothers-ltd-a2z-liquor-ltd-and-alberta-inn-wetaskiwin-ltd