Bridge Attainable Housing Society

13 Jul 2026

#Report

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.

Source: Receiver's Fourth Report to Court dated July 13, 2026

13 Jul 2026

#Filing

Application of the Receiver returnable July 22, 2026 — Application / notice of application

30 May 2024

#Report

The officer filed report no. Third Report. The Receiver continues to administer and wind down the Attainable Units process, handling sales, refinancings, and mortgage extensions for remaining unit owners, and reports on discrepancies with McPherson's figures and unresolved priority disputes between the City and McPherson's Third Mortgages.

Source: Receiver's Third Report dated May 30, 2024

24 May 2024

#Report

City of Calgary Letter dated May 24, 2024 — Stakeholder communication

23 May 2024

#Filing

Letter dated May 23, 2024 — Application / notice of application

22 May 2024

#Filing

Brief of Law Supplemental filed May 22, 2024 — Factum / brief

22 May 2024

#Filing

Second Supplemental Affidavit of Derek Dawson filed May 22, 2024 — Affidavit

8 Jun 2023

#Filing

Application filed June 8, 2023 — Application / notice of application

8 Jun 2023

#Order

Draft Order — Order (other)

5 Jun 2023

#Report

The officer filed report no. Receiver's Second Report to Court. The Receiver has been administering the wind-down of the Shared Equity Program following the March 31, 2023 maturity date, managing sales, refinancings, and extensions of mortgages for Attainable Unit Owners, and preparing to commence foreclosure proceedings against owners who remain in default.

Source: Receiver's Second Report to Court dated June 5, 2023

5 Jun 2023

#Filing

Application of the Receiver returnable June 16, 2023.pdf — Application / notice of application

17 May 2022

#Report

Fequently Asked Questions re Bridge Attainable Housing Society - May 17, 2022 — Stakeholder communication

17 May 2022

#Report

Notice to Unit Owners re Bridge Attainable Housing Society dated May 17, 2022.pdf — Stakeholder communication

4 Jun 2021

#Filing

Bench Brief of the City of Calgary dated June 4, 2021 — Factum / brief

4 Jun 2021

#Filing

Bench Brief of the Receiver dated June 4, 2021 — Factum / brief

31 May 2021

#Filing

Bench Brief of McPherson Place Limited Partnership dated May 31, 2021 — Factum / brief

12 May 2021

#Filing

Application of the Receiver returnable June 9, 2021 — Application / notice of application

12 May 2021

#Report

Receiver's First Report to Court dated May 12, 2021 — Court officer report

3 Mar 2020

#Report

Frequently Asked Questions re Bridge Housing - March 3, 2020.pdf — Stakeholder communication

3 Mar 2020

#Report

Notice to Mortgagors re Bridge Attainable Housing Society - March 3, 2020.pdf — Stakeholder communication

3 Feb 2020

#Filing

Application (Appointment of Receiver) returnable February 14, 2020.pdf — Application / notice of application

30 Jan 2020

#Filing

Affidavit of S. Quayle sworn January 30, 2020.pdf — Affidavit

3 Sep 2010

#Order

Gerrow v. Dorais, 2010 ABQB 560 decision — Endorsement / reasons

Bridge Attainable Housing: 16 third mortgages for $128,251.96

AnalysisAll insights⁠

Case update

Six years into the receivership of the Calgary society that sold McPherson Place homes with no down payment, Grant Thornton asks the court to approve a settlement: the receiver would buy 16 third mortgages, $498,426 outstanding, for $128,251.96, and McPherson would take the $2,084,209 its counsel holds in trust pending a priority dispute with the City.

21 July 2026

Parties

Debtor

Bridge Attainable Housing Society

Receiver

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Counsel of record

Party	Counsel	First seen	Source
ReceiverDoane Grant Thornton	Field Law	16 Jun 2023	Application · 5 Jun 2023

Capital structureAs asserted in the filings

stated amounts, drawn to scale · for subscribers

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
Secured

2 more claims in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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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 declared or paid

City of Calgary: a distribution.FinalReceiver's Third Report · 30 May 2024

Class	Creditor	Claims	Recovery	Basis	Source
Secured	City of Calgary	—	interim	Finalper the receiver	Receiver's Third Report · 30 May 2024

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.

1 blurred figure above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Fees and ratesAs stated in the filings

3 engagements · 2 firms — latest: Grant Thornton Limited, 1 May 2023 – 15 Jun 2026, soughtReceiver's Fourth Report to Court · 13 Jul 2026

Firm	Period	Hours	Rates	Source
Field LLPCounsel to the receiver	1 Apr 2021 – 30 Apr 2023	—	not stated	Receiver's Second Report to Court · 5 Jun 2023
Grant Thornton LimitedReceiverperiod 2 of 2	1 May 2023 – 15 Jun 2026Sought	—	not stated	Receiver's Fourth Report to Court · 13 Jul 2026
Grant Thornton LimitedReceiverperiod 1 of 2	1 Apr 2021 – 30 Apr 2023	—	not stated	Receiver's Second Report to Court · 5 Jun 2023

3 blurred figures above

What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Cumulative receipts

$5.95M

As at 13 Jul 2026Receiver's Fourth Report to Court dated July 13, 2026

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

Each one as the filing states it, with its source.

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