Proceedings.

Chinook Farm Innovations Inc. et al.

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act
File
2603-17294
Filings held9
Last activity21 Aug 2026
On the record40 days
OverviewSummary updated

Chinook Farm Innovations Inc., PMI Corp. and Pro-Line Manufacturing Inc. have been placed under the receivership and management of GlassRatner Restructuring Inc., appointed over all of the debtors' property on August 12, 2026 by the Court of King's Bench of Alberta under section 243(1) of the Bankruptcy and Insolvency Act and section 13(2) of the Judicature Act, on the application of Royal Bank of Canada (file 2603-17294). RBC delivered demands and section 244 notices on July 2, 2026, which expired July 12, 2026; the debtors consented to enforcement on July 28, 2026. As of August 3, 2026 RBC was owed $3,083,715 by Chinook and $2,334,163.79 by PMI, with Pro-Line liable under guarantees. Unremitted employee source deductions stood at $872,393.53 as of July 29, 2026 and were increasing by approximately $35,000 per month, the debtors paying only net wages.

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Case updates9 dated entries

6 earlier updates, back to 12 August 2026 subscribers.

Filing brief

Chinook Farms: the source deductions kept growing

A dairy-equipment supplier to farms across three provinces was insolvent on its own financial statements, had stopped filing the reports its lender needed, and owed the CRA $640,877 in unremitted employee source deductions as at August 2025. By July 2026 that figure had reached $872,393.53 and was rising with every payroll. On August 12 Justice Macklin appointed a receiver.

Parties

Debtor

Chinook Farm Innovations Inc. et al.

Receiver

GlassRatner

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MacklinCourt of King's Bench of Alberta1 order, Aug 20262 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverGlassRatnerMiller Thomson LLP6 Aug 2026Service list · 6 Aug 2026
DebtorChinook Farm Innovations Inc. et al.Warren Sinclair LLP6 Aug 2026Service list · 6 Aug 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 928 casesDeemed-trust class: unremitted employee source deductions - quasi-governmental claim that ranks ahead of ordinary security. Chinook's 2025 financial statements state $640,877 owing as at August 31, 2025; per GlassRatner (on the deponent's information and belief) the amount had increased to $872,393.53 as of July 29, 2026 and is increasing by approximately $35,000 per month, as the Debtors are paying only net wages and not remitting source deductions. — debtor: Chinook Farm Innovations Inc. · as of 29 Jul 2026$872KAffidavit of the Applicant (Royal Bank of Canada)

7 more claims across lower-ranking classes

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Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents
9 filings
DateDocumentFile
Chinook Farm Innovations Inc. – Notice and Statement of ReceiverPDF · Subscribers
PMI Corp. – Notice and Statement of ReceiverPDF · Subscribers
Pro-Line Manufacturing Inc. – Notice and Statement of ReceiverPDF · Subscribers
Order of Justice Macklin (Receivership Order)
  • Applicant Royal Bank of Canada
  • Appointee GlassRatner Restructuring Inc.
  • Appointee role receiver and manager
  • Commencement date 12 August 2026
  • + 7 more extracted facts
PDF · Subscribers
Bench Brief of Law (Royal Bank of Canada)PDF · Subscribers
Origining Application
  • Applicant ROYAL BANK OF CANADA
  • Appointee GlassRatner Restructuring Inc.
  • Appointee role receiver and manager
  • Court COURT OF KING’S BENCH OF ALBERTA
  • + 5 more extracted facts
PDF · Subscribers
Service List
  • Counsel Miller Thomson LLP
PDF · Subscribers
Affidavit of the Applicant (Royal Bank of Canada)
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Consent to Act as ReceiverPDF · Subscribers

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

CiteProceedings., “Chinook Farm Innovations Inc. et al.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/chinook-farm-innovations-inc-et-al

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/chinook-farm-innovations-inc-et-al

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.