Bridge Attainable Housing Society has been under court-appointed receivership in Alberta since February 14, 2020, and the proceeding remains active. The City of Calgary brought the application, and Grant Thornton Limited was appointed receiver and manager over the Society under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The matter proceeds under court file number 1601-06748 in the Court of Queen's Bench of Alberta, now the Court of King's Bench of Alberta.
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The officer filed report no. Fourth Report. The Receiver continues to administer the remaining Attainable Units, handling sales, refinancing and extensions of BAHS Mortgages, and has negotiated a Settlement with the City and McPherson to resolve the priority dispute and purchase certain Third Mortgages while seeking a further interim distribution to the City.
Court officer filed a report in the proceedings, framed by reference to the February 14, 2020 order of Justice P.R. Jeffrey of the Court of Queen's Bench of Alberta.
stated amounts, drawn to scale · 1 named without a figure
Priority class
Creditor
Amount
Source
Secured
McPherson Place Limited Partnership (by its general partner McPherson G.P. Ltd.)as of September 30, 2010 — McPherson Debenture dated September 30, 2010 (collateral debenture registered against Original Lands); subsequently discharged and replaced by individual McPherson Mortgages (third mortgages) registered against Attainable Units — McPherson Loan amount per Participation Agreement dated September 30, 2010 (books and records); related-party/affiliated lender to BAHS via shared equity arrangement; Debenture defines Loan Amount as $7,320,000. Priority dispute with the City. — debtor: Bridge Attainable Housing Society
$7.32M
Receiver's First Report to Court dated May 12, 2021
Secured
The City of Calgary · in 10 casesas of September 30, 2010 — City VTBM (vendor take back mortgage) against Original Lands; Debenture and Promissory Note dated September 30, 2010 — Original loan/security amount, not a stated outstanding balance as of any later date; City VTBM subsequently discharged and replaced by BAHS Mortgages assigned to City. Priority dispute with McPherson over interpretation of Inter-Creditor Agreement. — debtor: Bridge Attainable Housing Society
$6.3M
Receiver's First Report to Court dated May 12, 2021
Secured
Royal Bank of Canada · in 556 casesConstruction Mortgage dated February 17, 2011 — DISCHARGED - Construction Mortgage was fully discharged on or about September 23, 2013 upon sale of Attainable Units; no current balance stated. — debtor: Bridge Attainable Housing Society
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Receiver's First Report to Court dated May 12, 2021
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“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.
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.
Receiver's Fourth Report to Court dated July 13, 2026
Cash on hand$1.52M · Note: Cash balance per Interim Statement of Receipts and Disbursements · As at: 2026-07-13
Disbursements$4.43M · Since: not stated (interim statement period)
Fee scheduleEngagements: Form: invoice_listing · Rows: · Money: Tax: $9.21K · Label: Sales Taxes · Quote: 9,212.62 · Fees: $184K · Quote: 184,252.44 · Total: $193K · Quote: Total Receiver Fees | | 184,252.44 | - | 184,252.44 | 9,212.62 | 193,465.06 · includes tax · includes disbursements · Approximate: false · Period: End: 2026-06-15 · Kind: cumulative · Quote: FOR THE PERIOD FROM MAY 1, 2023 TO JUNE 15, 2026 · Start: 2023-05-01 · Approval: Quote: Total Professional Fees to be approved · State: sought · Averages: · Currency: · Invoices: Tax: 678.35 · Fees: 13567.07 · Quote: to May 31, 2023 | LABS-3550 | 13,567.07 $ | - | 13,567.07 | 678.35 $ | 14,245.42 $ · Total: 14245.42 · Period end: 2023-05-31; Tax: 228.47 · Fees: 4569.44 · Quote: to June 30, 2023 | LABS-3585 | 4,569.44 | - | 4,569.44 | 228.47 | 4,797.91 · Total: 4797.91 · Period end: 2023-06-30; Tax: 158.63 · Fees: 3172.55 · Quote: to July 31, 2023 | LABS-3605 | 3,172.55 | - | 3,172.55 | 158.63 | 3,331.18 · Total: 3331.18 · Period end: 2023-07-31; Tax: 1039.75 · Fees: 20794.92 · Quote: to September 30, 2023 | LABS-3609 | 20,794.92 | - | 20,794.92 | 1,039.75 | 21,834.67 · Total: 21834.67 · Period end: 2023-09-30; Tax: 299.65 · Fees: 5993.07 · Quote: to October 31, 2023 | LABU-34 | 5,993.07 | - | 5,993.07 | 299.65 | 6,292.72 · Total: 6292.72 · Period end: 2023-10-31; Tax: 493 · Fees: 9860.05 · Quote: to November 30, 2023 | LABU-54 | 9,860.05 | - | 9,860.05 | 493.00 | 10,353.05 · Total: 10353.05 · Period end: 2023-11-30; Tax: 295.75 · Fees: 5914.96 · Quote: to December 31, 2023 | LABU-79 | 5,914.96 | - | 5,914.96 | 295.75 | 6,210.71 · Total: 6210.71 · Period end: 2023-12-31; Tax: 311.88 · Fees: 6237.57 · Quote: to February 29, 2024 | LABU-103 | 6,237.57 | - | 6,237.57 | 311.88 | 6,549.45 · Total: 6549.45 · Period end: 2024-02-29; Tax: 555.7 · Fees: 11114.09 · Quote: to April 30, 2024 | LABU-162 | 11,114.09 | - | 11,114.09 | 555.70 | 11,669.79 · Total: 11669.79 · Period end: 2024-04-30; Tax: 603.88 · Fees: 12077.63 · Quote: to May 31, 2024 | LABU-184 | 12,077.63 | - | 12,077.63 | 603.88 | 12,681.51 · Total: 12681.51 · Period end: 2024-05-31; Tax: 121.98 · Fees: 2439.6 · Quote: to June 30, 2024 | LABU-232 | 2,439.60 | - | 2,439.60 | 121.98 | 2,561.58 · Total: 2561.58 · Period end: 2024-06-30; Tax: 132.68 · Fees: 2653.6 · Quote: to August 31, 2024 | LABU-264 | 2,653.60 | - | 2,653.60 | 132.68 | 2,786.28 · Total: 2786.28 · Period end: 2024-08-31; Tax: 72.36 · Fees: 1447.18 · Quote: to September 30, 2024 | LABU-303 | 1,447.18 | - | 1,447.18 | 72.36 | 1,519.54 · Total: 1519.54 · Period end: 2024-09-30; Tax: 53.77 · Fees: 1075.35 · Quote: to October 31, 2024 | LABU-332 | 1,075.35 | - | 1,075.35 | 53.77 | 1,129.12 · Total: 1129.12 · Period end: 2024-10-31; Tax: 50.83 · Fees: 1016.5 · Quote: to December 31, 2024 | LABU-388 | 1,016.50 | - | 1,016.50 | 50.83 | 1,067.33 · Total: 1067.33 · Period end: 2024-12-31; Tax: 73.08 · Fees: 1461.62 · Quote: to January 31, 2025 | LABU-436 | 1,461.62 | - | 1,461.62 | 73.08 | 1,534.70 · Total: 1534.7 · Period end: 2025-01-31; Tax: 127.49 · Fees: 2549.81 · Quote: to February 28, 2025 | LABU-442 | 2,549.81 | - | 2,549.81 | 127.49 | 2,677.30 · Total: 2677.3 · Period end: 2025-02-28; Tax: 121.34 · Fees: 2426.76 · Quote: to March 31, 2025 | LABU-478 | 2,426.76 | - | 2,426.76 | 121.34 | 2,548.10 · Total: 2548.1 · Period end: 2025-03-31; Tax: 70.57 · Fees: 1411.33 · Quote: to April 30, 2025 | LABU-501 | 1,411.33 | - | 1,411.33 | 70.57 | 1,481.90 · Total: 1481.9 · Period end: 2025-04-30; Tax: 95.87 · Fees: 1917.44 · Quote: to May 31, 2025 | LABU-525 | 1,917.44 | - | 1,917.44 | 95.87 | 2,013.31 · Total: 2013.31 · Period end: 2025-05-31; Tax: 205.73 · Fees: 4114.69 · Quote: to July 31, 2025 | GT000000013 | 4,114.69 | - | 4,114.69 | 205.73 | 4,320.42 · Total: 4320.42 · Period end: 2025-07-31; Tax: 309.9 · Fees: 6197.98 · Quote: to August 31, 2025 | GT000000261 | 6,197.98 | - | 6,197.98 | 309.90 | 6,507.88 · Total: 6507.88 · Period end: 2025-08-31; Tax: 706.74 · Fees: 14134.7 · Quote: to January 15, 2026 | GT000000849 | 14,134.70 | - | 14,134.70 | 706.74 | 14,841.44 · Total: 14841.44 · Period end: 2026-01-15; Tax: 326.08 · Fees: 6521.65 · Quote: to February 15, 2026 | GT000000997 | 6,521.65 | - | 6,521.65 | 326.08 | 6,847.73 · Total: 6847.73 · Period end: 2026-02-15; Tax: 284.62 · Fees: 5692.4 · Quote: to March 15, 2026 | GT000001315 | 5,692.40 | - | 5,692.40 | 284.62 | 5,977.02 · Total: 5977.02 · Period end: 2026-03-15; Tax: 659.92 · Fees: 13198.45 · Quote: to April 15, 2026 | GT000001469 | 13,198.45 | - | 13,198.45 | 659.92 | 13,858.37 · Total: 13858.37 · Period end: 2026-04-15; Tax: 681.59 · Fees: 13631.8 · Quote: to May 15, 2026 | GT000001729 | 13,631.80 | - | 13,631.80 | 681.59 | 14,313.39 · Total: 14313.39 · Period end: 2026-05-15; Tax: 453.01 · Fees: 9060.23 · Quote: to June 15, 2026 | GT000001983 | 9,060.23 | - | 9,060.23 | 453.01 | 9,513.24 · Total: 9513.24 · Period end: 2026-06-15 · Firm text: Grant Thornton Limited · Firm quote: GRANT THORNTON · Context quote: LIMITED, in its capacity as the RECEIVER AND
Operational summaryThe Receiver continues to administer the remaining Attainable Units, handling sales, refinancing and extensions of BAHS Mortgages, and has negotiated a Settlement with the City and McPherson to resolve the priority dispute and purchase certain Third Mortgages while seeking a further interim distribution to the City.
Receiver's First Report to Court dated May 12, 2021
Secured creditorsNote: DISCHARGED - Construction Mortgage was fully discharged on or about September 23, 2013 upon sale of Attainable Units; no current balance stated. · Page: 11 · Debtor: Bridge Attainable Housing Society · Creditor: Royal Bank of Canada · Currency: CAD · Security: Construction Mortgage dated February 17, 2011
Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/bridge-attainable-housing-society
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.