Cash Today Inc.
Follow- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c. B-3, and section 13(2) of the Judicature Act, RSA 2000, c. J-2
- File
- 2603 11676
- Industry
- Financial services · Lending & mortgages
Cash Today Inc. has been in court-appointed receivership since 18 August 2026, when the Court of King's Bench of Alberta pronounced an order appointing MNP Ltd. as Receiver under section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of Alberta's Judicature Act. The application was brought by Grow Capital Two Inc., which acts as Administrator for the Lenders and holds a general security agreement over all of Cash Today's present and after-acquired property, an assignment of loan receivables, and corporate guarantees from 2327619 Alberta Ltd. and 2327624 Alberta Ltd. The credit facility carried an initial advance of $12,125,000 against a maximum aggregate lender commitment of CDN $50,000,000, capped at 50% of Cash Today's total loan receivables. Grow Capital Two says it cannot verify the company's financial condition because of non-compliance with reporting covenants. The proceeding is active under court file 2603 11676.
Court of King's Bench of Alberta appointed MNP Ltd. receiver over Cash Today Inc. on Grow Capital Two Inc.'s application, under BIA s. 243(1) and Judicature Act s. 13(2).
Source: Receivership Order
Case update
Cash Today: 256 loans on the ledgers, 44,137 on the data tape
MNP's first report found three active loan ledgers holding 256 loans, against 44,137 loans and $228,685,520 on the data tape Cash Today gave Grow Capital Two for December 31, 2025. Grow Capital Two now asks for full receivership powers, three bankruptcy orders and a six-week freeze on related parties' property.
Filing brief
Cash Today: $83 million owed, and a receiver that may not take possession
An Edmonton asset-based consumer lender that its administrator says owes $82,375,000 in principal on a loan raised from dozens of lenders was placed in receivership by a consent order pronounced August 18. MNP may monitor receipts and sample loan files, but may not take possession or run the business without a further order.
Debtor
Cash Today Inc.
Receiver
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Bourque | Court of King's Bench of Alberta | 3 orders, Oct 2026 | 36 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorCash Today Inc. | Duncan & Craig LLP Previously Henein Hutchison Robitaille LLP (last seen 18 Sep 2026) | 18 Sep 2026 | Service list · 14 Oct 2026 |
| Creditor11771965 Canada Limited Liability Company | Bennett Jones LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| Creditor1549932 Alberta Ltd | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| Creditor2050160 Alberta Ltd | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| Creditor2316361 Alberta Ltd | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| Creditor2401739 Alberta Ltd | Service KPMG Law LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| Creditor2480008 Alberta Ltd | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| Creditor2765617 Alberta Ltd | Reliance Legal Group LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorBritannia Bud Canada Holdings Inc | Fogler, Rubinoff LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorCanada Title Financial Inc | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorCanadian Auto Financial Inc | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorFamily 1st Financial Inc | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorFreight Force Canada Ltd | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorFreight Force Capital Inc | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorGrow Capital Two Inc | DLA Piper (Canada) LLP | 18 Sep 2026 | Service list · 18 Sep 2026 |
| CreditorReset Financial Inc | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorSharco Inc. (dissolved December 2024) | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorStern Management Corp | Dentons Canada LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorToronto Yachts Corporation | Bennett Jones LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| CreditorWestern Commercial Finance Ltd | Duncan & Craig LLP | 14 Oct 2026 | Service list · 14 Oct 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 964 casesas of Date of Receivership — Listed as secured party in the Form 87 table; amount owing unknown as at date of Receivership. The table counts it as $1 (placeholder). Quasi-governmental (Crown) claim. — debtor: Cash Today Inc. | — | Notice and Statement of the Receiver - Form 87 |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
22 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
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See all plans“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.
| Date | Document | File |
|---|---|---|
| Amended and Restated Receivership Order - Redline | PDF · Subscribers | |
| Brief of Law | PDF · Subscribers | |
| Amended And Restated Receivership Order - Draft | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| 2327619 Alberta Ltd - Affidavit of David Hawreluk | PDF · Subscribers | |
2327619 Alberta Ltd - Application for Bankruptcy Order
| PDF · Subscribers | |
| 2327619 Alberta Ltd - Service Abridgement Order | PDF · Subscribers | |
| 2327624 Alberta Ltd - Affidavit of David Hawreluk | PDF · Subscribers | |
2327624 Alberta Ltd - Application for Bankruptcy Order
| PDF · Subscribers | |
| 2327624 Alberta Ltd - Service Abridgement Order | PDF · Subscribers | |
| Cash Today Inc - Affidavit of David Hawreluk | PDF · Subscribers | |
Cash Today Inc - Application for Bankruptcy Order
| PDF · Subscribers | |
| Cash Today Inc - Service Abridgement Order | PDF · Subscribers | |
| Fourth Affidavit of David Hawreluk | PDF · Subscribers | |
Receiver's First Report to Court
| PDF · Subscribers | |
| Confirmation Letter to Commercial Coordinator | PDF · Subscribers | |
| Receiver's Certificate | PDF · Subscribers | |
Notice and Statement of the Receiver - Form 87
| PDF · Subscribers | |
Letter to Service List
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
Application
| PDF · Subscribers | |
| Supplemental Affidavit of David Hawreluk | PDF · Subscribers | |
| Affidavit of Grant Patterson | PDF · Subscribers | |
| Brief of Law of the Applicant | PDF · Subscribers | |
| Second Affidavit of David Hawreluk | PDF · Subscribers | |
First Affidavit of David Hawreluk
| 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., “Cash Today Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 16 October 2026, https://proceedings.ca/case/cash-today-inc