Proceedings.

Canadian Development Strategies Inc. FireSong

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Proceeding
BankruptcyBIA
File
KBG-SA-1076-2021
Filings held64
Last activity24 Sep 2026
On the record1,296 days
Secured debtSubscribers
OverviewSummary updated

Canadian Development Strategies Inc. and related debtors have been bankrupt since April 19, 2023, in proceedings before the Court of King's Bench for Saskatchewan under court file KBG-SA-1076-2021, with MNP Ltd. as trustee in bankruptcy. MLT Aikins LLP, MNP Ltd. and W Law LLP hold a first-ranking administrative charge over the debtors' property, its maximum aggregate amount raised from $100,000.00 by order of December 13, 2021 to $275,000.00 on July 14, 2022 and to $400,000.00 on April 19, 2023; their unpaid professional fees of $491,030.30 exceed it. Three mortgagees hold mortgages registered on title to the land, which a court order has put up for sale under the direction of a Selling Officer, subject to the court's confirmation of any accepted offer. The proceeding remains active.

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Case updates64 dated entries
#Report

The officer filed report no. Tenth Report. The report addresses only the Pioneer Financing proceeds from the Cranbrook Property. The Trustee could not verify the Trust Declaration, concluded the proceeds are property of 114 (deemed bankrupt April 19, 2023), and seeks a court order confirming this and approving payout subject to the administrative charge.

Source: Trustee's Tenth Report to Court

#Report

The officer filed report no. Ninth Report. Following the 114 first meeting of creditors, the business operations of 114 and CDSI have remained ongoing under Management's control pending the appeal of the Decision. With the appeal withdrawn, 114, CDSI and the Runzers are deemed bankrupt, and the Trustee seeks a Fiat fixing April 19, 2023 as the deemed bankruptcy date.

Source: Trustee's Ninth Report to Court

#Report

The officer filed report no. Eighth Report. The report responds to the Lori Runzer affidavit, attributing escalating costs and delays to the debtors' poor record-keeping and lack of good faith, and states the Trustee cannot support the FireSong Group restructuring. 1216699 Alberta Ltd. and, after a failed quorum, 206 and Oak and Ash were deemed bankrupt; the 114 proposal remains unvoted/contested.

Source: Trustee's Eighth Report to Court

#Report

The officer filed report no. Second Supplemental Report. The Runzers' Residential Property in Sherwood Park, Alberta has been sold but will yield no equity for the Proposal. The total payable under the Proposal is now $5,000, and the Trustee recommends a $1,000 (20%) performance security deposit to satisfy s. 59(3) BIA reasonable security.

Source: Trustee's Second Supplemental Report to Court - Runzer Proposal

#Report

The officer filed report no. Seventh Report. 114 is no longer represented by counsel and has not paid mortgage payments during the restructuring; its proposal was rejected, resulting in a deemed bankruptcy assignment, and the creditors' voting-claim appeal is adjourned indefinitely. The Trustee has serious concerns about 114's ability to carry out the Proposal and Management's good faith.

Source: Trustee's Seventh Report to Court

#Sale

The court granted an approval and vesting order for the sale to Barry Roberts and Cynthia Roberts. Closing terms, as extracted: Vesting effective upon delivery of the Proposal Trustee's Certificate confirming payment and satisfaction/waiver of closing conditions.

Source: Amended Order (Sale and Vesting)

#Sale

The court granted an approval and vesting order for the sale to Barry Roberts and Cynthia Roberts. Closing terms, as extracted: Vesting effective upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction of conditions to closing.

Source: Order (Sale and Vesting)

#Report

The officer filed report no. Sixth Report. The report addresses the Runzers' application to approve the sale of their Sherwood Park property. The Trustee takes no position, noting the sale would yield a nil return to proposal creditors versus the $192,000 estimated net equity represented at the creditors' meeting.

Source: Trustee's Sixth Report to Court

#Report

The officer filed report no. Supplement to the Fifth Report of the Proposal Trustee. The Trustee has been unable to reconvene the first meetings of creditors because the FireSong Group has not addressed issues in the Proposals or provided amended proposals. It intends to reconvene them within 30 days to seek creditor direction. Counsel advises maintaining the Trustee's Charge on the Cranbrook Property pending resolution of the Trust Declaration's financial-interest question.

Source: Supplement to Trustee's Fifth Report to Court

#Report

The officer filed report no. Fifth Report. The FireSong Group's proposals remain stalled: first meetings of creditors were adjourned without a date, Management has not supplied adequate financial records, commingles assets, and relies on projected fractional cabin share sales with no evidence they are imminent. The Trustee cannot presently recommend acceptance of the Proposals.

Source: FireSong - Trustee's Fifth Report to Court

#Report

The officer filed report no. Fourth Report. The FireSong Group entities continue limited operations (cabin rentals, horse boarding, CERS subsidies) while pursuing sales of the Oak and Ash and 206 farmlands and financing for a proposal; the planned farmland sales did not close in December 2021, triggering a material adverse change report, and the Trustee supports a 45-day extension to file a proposal.

Source: Trustee's Fourth Report

#Report

The officer filed report no. Second Report. The FireSong Group has continued its business operations since filing its NOIs, with the Cabins' rental bookings rising and CERS subsidies supporting expenses. A material adverse change arose because the planned sale of the Oak and Ash and 206 Lands did not close, and the Trustee supports a 45-day extension to file a proposal.

Source: Trustee's Second Report to Court

#Report

The officer filed a report. The FireSong Group entities' restructuring is impaired because projected land sales did not close in November 2021, leaving significant cash flow variances and no DIP financing for related entities. The trustee has not received management's financial reporting for November 22-30 and is not aware of any alternate funding being secured.

Source: Material Adverse Change Report

#Report

The officer filed report no. First Report. The FireSong Group has continued its resort business operations after filing the NOIs; no pre-filing debts appear to have been paid other than an essential Sask Power payment, and closing of the farmland sale is considered critical to funding operations and the restructuring.

Source: Trustee's First Report to Court

Filing brief

FireSong: the professionals, not the mortgagees, ask for a receiver

The FireSong group's proposals failed in 2023 and its principals were deemed bankrupt. The estates had no money, three mortgagees filed enforcement actions and then did nothing, and five finished luxury cabins on a Saskatchewan lake sat under the control of the bankrupts. Their own former counsel, their proposal trustee and the trustee's counsel — owed $491,030.30, more than the $400,000 their first-ranking charge secures — applied for a receiver.

Parties

Debtor

Canadian Development Strategies Inc. FireSong

Trustee in bankruptcy

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice SchermanCourt of King's Bench for Saskatchewan6 orders, Oct 2021 – Nov 202213 cases on record
Justice BardaiCourt of King's Bench for Saskatchewan3 orders, Mar 2023 – Apr 20231 case on record
Justice ElsonCourt of King's Bench for Saskatchewan2 orders, Jul 2022 – May 202317 cases on record
Justice GabrielsonCourt of King's Bench for Saskatchewan2 orders, Dec 202112 cases on record

Counsel of record

PartyCounselFirst seenSource
Trustee in bankruptcyMNPW Law LLP21 Aug 2025Order · 21 Aug 2025
DebtorCanadian Development Strategies Inc. FireSongMLT Aikins LLP22 Oct 2021Service list · 22 Oct 2021
CreditorATB FinancialDentons Canada LLP22 Oct 2021Service list · 22 Oct 2021
CreditorJoel LipschitzMacDermid Lamarsh LLP22 Oct 2021Service list · 22 Oct 2021
CreditorKim D. HaverstockMiller Thomson LLP22 Oct 2021Service list · 22 Oct 2021
CreditorShurli MassellMiller Thomson LLP22 Oct 2021Service list · 22 Oct 2021
CreditorYvonne HoellerBrian C. Marcus Law Office22 Oct 2021Service list · 22 Oct 2021
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4SecuredMLT Aikins LLP, MNP Ltd. and W Law LLP (Administrative Charge holders)First-ranking administrative charge over property of the Debtors (except 206 and Oak and Ash), maximum aggregate amount increased from $100,000.00 (Dec 13, 2021 Order) to $275,000.00 (July 14, 2022 Order) to $400,000.00 (April 19, 2023 Order) — Related party/professional charge (Trustee, counsel to Debtors, counsel to Trustee); unpaid Professional Fees of $491,030.30 exceed the $400,000 charge maximum, resulting in an anticipated shortfall — debtor: Canadian Development Strategies Inc., 1143402 Alberta Ltd., Crossroads One Inc., 1216699 Alberta Ltd. (excludes 206 and Oak and Ash) · as of 19 Apr 2023$400KReport of the Proposal Trustee in Support of Receivership Application
4Secured
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured

7 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

7 transactions · 3 not completed · 2 closed · 2 approved — Order authorizes listing and sale of the Land under direction of the Selling Officer, subject to Court confirmation of any accepted offerCourt Order · 21 Aug 2025

PurchaserPriceStatusSource
purchaser of the 206 Lands, unnamedthe sale of the 206 Lands · real propertynot statedNot completedTrustee's Fourth Report
purchaser of the Cranbrook Property, unnamedthe sale of the Cranbrook Property · real propertynot statedCloseddate not statedTrustee's Fourth Report
unnamedthe 206 Landsnot statedNot completeddate not statedTrustee's Fourth Report
201778 Alberta Ltd.Oak's right, title, and interest in and to the Purchased Assets · real property · agreement 20 Jan 2022not statedApproved27 Jan 2022Order (Extension of Time to File Proposal and…
Barry Roberts and Cynthia Robertsthe Runzers' right, title and interest in and to the assets described in the Sale Agreement · real property · nominee/assignee: their nominee · agreement 10 Oct 2022not statedApproved27 Oct 2022Order (Sale and Vesting)
Dallas Nutt and Renee Nuttthe proposed sale of the Oak and Ash Lands by Oak and Ash · real propertySubscribersNot completeddate not statedTrustee's Fourth Report
unnamed vehicle purchasers at auctionthe Vehicles · auctionnot statedClosed22 Nov 2023Trustee's Eighth Report to Court
AdvisorsHansen Land Brokers Inc. (auctioneer); Taylor Wilcox, of McKercher LLP (sale agent); David Kadun of eXp Realty (listing broker)Court Order
Closing termsSale process order authorizing listing and sale of Land through Selling Officer, subject to Court confirmationCourt Order
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Eighth Report to Court · 27 Mar 2023

ClassCreditorClaimsRecoveryBasisSource
Securedsecured creditor who issued the Cranbrook Enforcement Notice—paid in fullEstimatedper the proposal trusteeTrustee's Second Report to Court · 6 Dec 2021
Unsecuredcreditors of Oak and 206—no distributionconditionalEstimatedper the proposal trusteeTrustee's Eighth Report to Court · 27 Mar 2023

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.

Estate financialsReported figures — never derived

Cash on hand

$39.9K

As at 26 Apr 2023Trustee's Tenth Report to Court

Professional fees

As at

1 more reported figure

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

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Documents
64 filings
DateDocumentFile
Interim Order Regarding Preservation of Monies and Determination of Priority
  • Presiding officer Justice D.G. Gerecke
PDF · Subscribers
Proposal Trustee's Second Report to Court for the Purposes of Appointing a Receiver
PDF · Subscribers
Court Order
  • Closing terms Sale process order authorizing listing and sale of Land through Selling Officer, subject to Court confirmation
  • Counsel W Law LLP
  • Sale advisor Taylor Wilcox, of McKercher LLP (sale agent); David Kadun of eXp Realty (listing broker)
  • Sale outcome Sale process approved — Order authorizes listing and sale of the Land under direction of the Selling Officer, subject to Court confirmation of any accepted offer
  • + 1 more extracted fact
PDF · Subscribers
Supplemental Report of the Proposal Trustee in Support of Receivership APplication
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Consent to Act as ReceiverPDF · Subscribers
Notice of ApplicationPDF · Subscribers
Receivership Order
  • Applicant MLT AIKINS LLP, MNP LTD. and W LAW LLP
  • Court COURT OF KING'S BENCH FOR SASKATCHEWAN IN BANKRUPTCY AND INSOLVENCY
  • Court file no KBG-SA-1076-2021
PDF · Subscribers
Receivership Order - Redline
  • Applicant MLT Aikins LLP, MNP Ltd. and W Law LLP
  • Court COURT OF QUEEN'SKING'S BENCH FOR SASKATCHEWAN
  • Court file no KBG-SA-1076-2021
PDF · Subscribers
Report of the Proposal Trustee in Support of Receivership Application
  • Proceeding type bia_bankruptcy
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order - Paying Out Pioneer Financing Proceeds
  • Presiding officer Justice R.W. Elson
PDF · Subscribers
Trustee's Tenth Report to Court
  • Operational summary The report addresses only the Pioneer Financing proceeds from the Cranbrook Property. The Trustee could not verify the Trust Declaration, concluded the proceeds are property of 114 (deemed bankrupt April 19, 2023), and seeks a court order confirming this and approving payout subject to the administrative charge.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order (Approving Professional Fees)
  • Commencement date 19 April 2023
  • Presiding officer Justice N. Bardai
PDF · Subscribers
Trustee's Ninth Report to Court
  • Operational summary Following the 114 first meeting of creditors, the business operations of 114 and CDSI have remained ongoing under Management's control pending the appeal of the Decision. With the appeal withdrawn, 114, CDSI and the Runzers are deemed bankrupt, and the Trustee seeks a Fiat fixing April 19, 2023 as the deemed bankruptcy date.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Consent Order - Approving Distribution of Proceeds of Sale
PDF · Subscribers
Trustee's Eighth Report to Court
  • Closing confirmed Closed · 22 Nov 2023; Did not complete · date not stated
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Trustee's Second Supplemental Report to Court - Runzer Proposal
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Application for DirectionsPDF · Subscribers
Fait of Bardai J.
  • Presiding officer Justice Bardai
PDF · Subscribers
Order (Approval of Proposal)
  • Presiding officer Justice N. Bardai
PDF · Subscribers
Trustee's Seventh Report to Court
  • Operational summary 114 is no longer represented by counsel and has not paid mortgage payments during the restructuring; its proposal was rejected, resulting in a deemed bankruptcy assignment, and the creditors' voting-claim appeal is adjourned indefinitely. The Trustee has serious concerns about 114's ability to carry out the Proposal and Management's good faith.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Lori and Dean Runzer - Trustee's Report to Court for Approval
  • Recovery outcome Entries: per plan; per liquidation_alternative · Stated on: 2023-02-24 · Table missing:
  • Financial position · Stalking horse Subscribers
PDF · Subscribers
Notice of Withdrawal of Lawyer RecordPDF · Subscribers
Order for Sale by Auction
  • Closing terms Sale process via judicial auction with offer subject to Court approval and acceptance; possession date determined by Court
  • Order date 16 December 2022
  • Sale advisor Hansen Land Brokers Inc. (auctioneer)
  • Sale outcome Sale process approved — Mortgaged Lands ordered to be sold by online public auction
  • + 1 more extracted fact
PDF · Subscribers
Amended Order (Sale and Vesting)
  • Closing terms Vesting effective upon delivery of the Proposal Trustee's Certificate confirming payment and satisfaction/waiver of closing conditions
  • Order date 27 October 2022
  • Presiding officer Justice B.J. Scherman
  • Purchaser Barry Roberts and Cynthia Roberts · nominee/assignee their nominee · the Runzers' right, title and interest in and to the assets described in the Sale Agreement · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Order (Amendment of Order)
  • Presiding officer Justice B. Scherman
PDF · Subscribers
Order (Sale and Vesting)
  • Closing terms Vesting effective upon delivery of the Proposal Trustee's Certificate confirming payment of the Purchase Price and satisfaction of conditions to closing.
  • Order date 27 October 2022
  • Presiding officer Justice B.J. Scherman
  • Purchaser Barry Roberts and Cynthia Roberts · nominee/assignee their nominee · the Runzers' right, title and interest in and to the assets described in the Sale Agreement · real property · approved
  • + 1 more extracted fact
PDF · Subscribers
Order (Abridgement of Time for Service)
  • Presiding officer Justice B.J. Scherman
PDF · Subscribers
Trustee's Sixth Report to Court
  • Cash on hand · Disbursements · Financial position · Operational summary Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Trustee's Report to Creditors
PDF · Subscribers
Order - Validity of Hoeller Mortgage, ETC.
  • Presiding officer Justice R.W. Elson
PDF · Subscribers
Supplement to Trustee's Fifth Report to Court
  • Operational summary The Trustee has been unable to reconvene the first meetings of creditors because the FireSong Group has not addressed issues in the Proposals or provided amended proposals. It intends to reconvene them within 30 days to seek creditor direction. Counsel advises maintaining the Trustee's Charge on the Cranbrook Property pending resolution of the Trust Declaration's financial-interest question.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
FireSong - Notice of ApplicationPDF · Subscribers
FireSong - Trustee's Fifth Report to Court
  • Operational summary The FireSong Group's proposals remain stalled: first meetings of creditors were adjourned without a date, Management has not supplied adequate financial records, commingles assets, and relies on projected fractional cabin share sales with no evidence they are imminent. The Trustee cannot presently recommend acceptance of the Proposals.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Order (Extension of Time to File Proposal and Sale and Vesting)
  • Closing terms Vesting occurs upon delivery of the Proposal Trustee's Certificate confirming the transaction has closed to the Proposal Trustee's satisfaction
  • Order date 27 January 2022
  • Presiding officer Justice R.S. Smith
  • Purchaser 201778 Alberta Ltd. · Oak's right, title, and interest in and to the Purchased Assets · real property · approved
  • + 2 more extracted facts
PDF · Subscribers
Affidavit of Nancy HaverstockPDF · Subscribers
Fourth Affidavit of Lori RunzerPDF · Subscribers
Notice of Application for Extension of Time to File Proposal
  • Counsel How: operator-correction · Firm: MLT Aikins LLP · Corrects: firm · For text: FireSong Group · Firm party id: d4cf1950-4692-4504-a26b-b5fcb16b39c9 · Was firm party id: 59d54bdb-1a6e-4ea3-bd12-c7aa86f3d71a
PDF · Subscribers
Trustee's Fourth Report
  • Closing confirmed Closed · date not stated; Did not complete · date not stated; Did not complete · date not stated
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 8 more extracted facts
PDF · Subscribers
Order Winding Up Trust and Vesting Trust Property in Beneficiary
  • Order date 22 December 2021
  • Presiding officer Justice N.G. Gabrielson
  • Stalking horse Subscribers
PDF · Subscribers
Trustee's Third Report to Court
  • Cash on hand · Disbursements · Financial position · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Order for Extension of Time to File Proposal
  • Presiding officer Justice N.G. Gabrielson
PDF · Subscribers
Brief of Law of the Applicants, FireSong GroupPDF · Subscribers
Letter to the Service ListPDF · Subscribers
Second Affidavit of L. RunzerPDF · Subscribers
Trustee's Second Report to Court
  • Operational summary The FireSong Group has continued its business operations since filing its NOIs, with the Cabins' rental bookings rising and CERS subsidies supporting expenses. A material adverse change arose because the planned sale of the Oak and Ash and 206 Lands did not close, and the Trustee supports a 45-day extension to file a proposal.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Material Adverse Change Report
  • Operational summary The FireSong Group entities' restructuring is impaired because projected land sales did not close in November 2021, leaving significant cash flow variances and no DIP financing for related entities. The trustee has not received management's financial reporting for November 22-30 and is not aware of any alternate funding being secured.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 3 more extracted facts
PDF · Subscribers
Application for Extension of TimePDF · Subscribers
FireSong Group - Issued Order for Extension of Time to File Proposal
  • Presiding officer Justice B.J. Scherman
PDF · Subscribers
Brief of LawPDF · Subscribers
Order for Abridgment
  • Presiding officer Justice B.J. Scherman
PDF · Subscribers
Service List
  • Counsel MacDermid Lamarsh LLP
PDF · Subscribers
Affidavit of Lori RunzerPDF · Subscribers
Application Without Notice for AbridgmentPDF · Subscribers
Trustee's First Report to Court
  • Operational summary The FireSong Group has continued its resort business operations after filing the NOIs; no pre-filing debts appear to have been paid other than an essential Sask Power payment, and closing of the farmland sale is considered critical to funding operations and the restructuring.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Canadian Development Strategies Inc.- NOI NPPDF · Subscribers
FAQ SheetPDF · Subscribers
1143402 Alberta Ltd- NOI Notice Package
PDF · Subscribers
1216699 Alberta Ltd- NOI Notice PackagePDF · Subscribers
Crossroads One Inc.- NOI Notice Package
PDF · Subscribers
Oak and Ash Farm Ltd- NOI Notice Package
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
1143402 Alberta Ltd - NOI CertificatePDF · Subscribers
1216699 Alberta Ltd - NOI CertificatePDF · Subscribers
Canadian Development Strategies Inc - NOI CertificatePDF · Subscribers
Crossroads One Inc - NOI CertificatePDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Canadian Development Strategies Inc. FireSong” (Bankruptcy), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/canadian-development-strategies-inc

Sources last checked · summary updated 26 September 2026 · Report a correction · Printed from proceedings.ca/case/canadian-development-strategies-inc

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.