Changhua Energy Canada Ltd
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Changhua Energy Canada Ltd, an Alberta company, was placed in court-appointed receivership under section 243 of the Bankruptcy and Insolvency Act on December 8, 2022; the proceeding is now closed. The Export-Import Bank of China holds security on the property of the debtor and was owed in excess of USD 71,149,446, together with a separate RMB 164,446 component, as at December 7, 2022. The unsecured creditor listing of the same date runs from YellowHead County at $55,178.91 and Richert Contract Operating at $15,777.13 down to accounts of a few hundred dollars, including a claim of $5,474.12 by Wenlong (Tyler) Jiang. Book assets of the company stood at $1,137,054 as at September 30, 2021 on unaudited statements the receiver did not verify and on which it offered no view of realizable value.
Application - Distribution of Funds and Discharge of Receiver — Application / notice of application
Debtor
Changhua Energy Canada Ltd
Receiver
FTI
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Campbell | Court of King's Bench of Alberta | 2 orders, Aug 2023 | 27 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverFTI | Norton Rose Fulbright Canada LLP | 31 Oct 2023 | Application · 31 Oct 2023 |
| DebtorChanghua Energy Canada Ltd | Caron & Partners LLP | 30 Oct 2023 | Service list · 30 Oct 2023 |
| CreditorExport-Import Bank of China | McCarthy Tétrault LLP | 30 Oct 2023 | Service list · 30 Oct 2023 |
| CreditorMineral Encumbrance Holder | Witten LLP | 30 Oct 2023 | Service list · 30 Oct 2023 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Export-Import Bank of ChinaSecurity on the property of the Debtor — Amount stated as 'in excess of' this figure - treated as a floor per document wording. Also stated as owed ¥164,446 RMB (separate currency component, not summed). — debtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $71.1M USD | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | YellowHead County · in 3 casesMay relate to municipal taxes; document does not state preferred status — debtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $55.2K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Richert Contract Operating · in 2 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $15.8K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Cardium Vac Services Ltd. · in 3 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $13.7K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Wenlong (Tyler) JiangIndividual creditor listed by name in the schedule — debtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $5.47K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Pandell · in 3 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $4.9K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Pivotal Energy Partners Inc.debtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $3.24K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Superior Propane · in 56 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $1.92K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Secure Energy Services Inc. · in 9 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $1.62K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Accel CPAdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $1.5K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | LCC Len-Car Contracting Ltd. · in 2 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $1.13K | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Varex Energy Servicesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $683 | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Shaw Cable · in 24 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $474 | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Carnwood Wireline Service Ltd. · in 5 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $446 | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Nucleusdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $446 | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | SELECT Communications Inc. · in 2 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $265 | Notice and Statement of Receiver with Creditor Listing |
| 8 | Unsecured | Emerson Electric Canada Ltd. · in 4 casesdebtor: Changhua Energy Canada Ltd. · as of 7 Dec 2022 | $43 | Notice and Statement of Receiver with Creditor Listing |
Unsecured creditors: no distribution. Export-Import Bank of China a distribution · Yellowhead County no distribution.Second Report of the Receiver · 30 Oct 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | Export-Import Bank of China | — | a distributioninterim | per the receiver | Application - Distribution of Funds and Discharge of Receiver · 31 Oct 2023 |
| Unsecured | subordinate or unsecured creditors | — | no distribution | per the receiver | Second Report of the Receiver · 30 Oct 2023 |
| UnsecuredLinear Taxes (unsecured claim) | Yellowhead County | — | no distribution | per the receiver | Second Report of the Receiver · 30 Oct 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.
As at 30 Sep 2021 · per Book value as stated in the unaudited financial statements of the Debtor; Receiver has not audited, reviewed, or otherwise attempted to verify accuracy, and provides no comment on realizable value · Changhua Energy Canada Ltd. (entity level) — Asset figures dated September 30, 2021, distinct from the December 7, 2022 receivership date used for creditor figures.
| Date | Document | File |
|---|---|---|
| Confirming Discharge of Receiver | ||
Order for Distribution of Funds and Discharge of Receiver
| ||
| The Receiver's Certificate | ||
| Receiver's Certificate | ||
Application - Distribution of Funds and Discharge of Receiver
| ||
Second Report of the Receiver
| ||
Service List
| ||
| Approval and Vesting Order | ||
| First Report of the Receiver | ||
Sealing Order
| ||
Application - Approval of Transactions and Sealing Order
| ||
Notice and Statement of Receiver with Creditor Listing
| ||
| Interim Order | ||
Receivership Order
| ||
| First Report of the Interim Receiver | ||
| Affidavit of Chen Lei | ||
| Proof of Filing - Affidavit of Chen Lei | ||
| Proof of Filing - Receivership Application | ||
| Receivership Application | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Changhua Energy Canada Ltd” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/changhua-energy-canada-ltd