#Report
The officer filed report no. Sixth Report. The receivership is substantially complete, with all asset sales finalized and the Fabricom litigation settled; the Receiver is now seeking approval of a final distribution and its own discharge.
Concept Electric Ltd., 1645943 Alberta Inc., & 101200672 Saskatchewan Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 ("BIA") and sections 13(2) of the Judicature Act, R.S.A. 2000, c.J-2
- File
- 1801 - 09848
Filings held20
Last activity31 Aug 2026
On the record2,132 days
Secured debt$14M
OverviewSummary updated
Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. are in a receivership that commenced July 13, 2018, when HSBC Bank Canada applied under s. 243(1) of the Bankruptcy and Insolvency Act and s. 13(2) of the Judicature Act to have Grant Thornton Limited appointed receiver, in the Court of Queen's Bench of Alberta (file 1801-09848). HSBC's secured claim is recorded at $13,987,043 per the companies' books and records, with further registered secured creditors including Eecol Electric ULC, Business Development Bank of Canada and Roynat Inc. Unsecured claims total $18,323,615.80 for the main entity and $4,642,198.58 for 101200672 Saskatchewan Ltd., including CRA claims of $451,613.00 for GST and $570,634.69 for source deductions. A date of bankruptcy of November 19, 2020, at 16:22, is also recorded for the group.
Proceedings AIAsk this case — answers cite the filings
Case updates20 dated entries
#Report
The officer filed report no. Fifth Report. The Companies are no longer operating; the Receiver continues to pursue collection of outstanding receivables (including the disputed Fabricom Receivable) and is winding down remaining receivership matters ahead of final distributions.
#Report
The officer filed a report. Concept Electric Ltd. was placed into receivership in 2018 and its assets liquidated by the Receiver; the company was subsequently adjudged bankrupt in November 2020, and the Trustee's preliminary report addresses the estate's assets, secured/unsecured creditor claims, and the ongoing bankruptcy administration rather than continuing business operations.
Source: Trustee's Report on its Preliminary Administration dated December 7, 2020
#Order
The date of bankruptcy for the group was entered as November 19, 2020, at 16:22.
Source: Certificate of Filing a Bankruptcy Order dated November 25, 2020
#Filing
HSBC Bank Canada applied to have Grant Thornton Limited appointed receiver of the three companies under s. 243(1) of the BIA, filed July 13, 2018.
AnalysisAll insights
Case update
Concept Electric: eight years, and the last $158,474
Grant Thornton's Sixth Report asks the Alberta court to approve a final distribution — $50,421.28 to two union trust claimants and an estimated $158,474 to RBC as successor to HSBC — and to discharge it, eight years after the Calgary electrical contractor stopped work, let about 440 employees go and left $13,981,041.64 owing to HSBC, with $5,430,439 in receipts in between.
Parties
Debtor
Concept Electric Ltd., 1645943 Alberta Inc., & 101200672 Saskatchewan Ltd.
Receiver
Doane Grant Thornton
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | HSBC Bank Canada · in 54 casesRegistered security interest (primary secured creditor) — Amount per the Companies' books and records — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | $14M | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Wesco Distribution Canada LP · in 16 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Eecol Electric ULC · in 2 casesRegistered security interest — Amount not stated (a much larger amount for 'EECOL ELECTRIC LTD.' appears separately as unsecured trade claim on Appendix A) — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Atco Structures & Logistics Ltd. · in 7 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Intact Insurance Company · in 17 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Great Canada Financial Services Inc.Registered security interest — Amount not stated (a much smaller amount appears separately as unsecured trade claim on Appendix A) — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Meridian Onecap Credit Corp. · in 75 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Enterprise Fleet Management Canada Inc. · in 2 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | CBSC Capital Inc. · in 22 casesRegistered security interest — Amount not stated (a much smaller amount for CBSC Capital Inc. appears separately as an unsecured trade claim on Appendix A) — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Roynat Inc. · in 47 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Summit Acceptance Corp · in 7 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | GE VFS Canada Limited Partnership · in 2 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Shirley SchmoldRegistered security interest — Amount not stated; individual — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Dave KinleyRegistered security interest — Amount not stated; individual - possibly related party (also appears as unsecured creditor on Appendix A with a separate large amount) — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | 1651537 Alberta Ltd.Registered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Bow-Alta Electric Ltd.Registered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Business Development Bank of Canada · in 241 casesRegistered security interest — Amount not stated; listed as additional secured creditor — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 4 | Secured | Shaw GMC Chevrolet Buick Inc. · in 2 casesRegistered security interest — Amount not stated — debtor: Concept Electric Ltd., 1645943 Alberta Inc. and 101200672 Saskatchewan Ltd. | — | Notice & Statement of Receiver - July 23, 2018.pdf |
| 7 | Preferred (BIA s. 136) | WEPPA Priority Claim recipients (s. 81.4 BIA)Preferred/priority claim under s.81.4 BIA (wage earner protection); already paid, not part of remaining funds — debtor: Concept Electric Ltd. | $620K | Receiver's Sixth Report dated August 31, 2026 |
| 8 | Unsecured | Canada Revenue Agency (Source Deductions Deemed Trust) · in 926 casesDeemed trust class; Concept $488,367.85 and 101 Sask $172,582.10; already remitted, not part of remaining distributable funds — debtor: Concept Electric Ltd. and 101200672 Saskatchewan Ltd. · as of 14 Feb 2024 | $661K | Receiver's Sixth Report dated August 31, 2026 |
| 8 | Unsecured | Alberta Refrigeration Industry Pension Trust FundTrust claim held back for settlement/distribution — debtor: Companies (Concept Electric Ltd. et al.) | $41.9K | Receiver's Sixth Report dated August 31, 2026 |
| 8 | Unsecured | United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States and Canada, Local Union 488Trust claim held back for settlement/distribution — debtor: Companies (Concept Electric Ltd. et al.) | $8.56K | Receiver's Sixth Report dated August 31, 2026 |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
RecoveriesAs stated in the filings
Unsecured creditors: no distribution. Canada Revenue Agency $661K · HSBC Bank Canada $836K · RBC, as successor to HSBC a distribution.EstimatedTrustee's Report on its Preliminary Administration · 7 Dec 2020
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPA | WEPPA Priority Claim (s. 81.4) | — | $620K | per the receiver | Receiver's Fifth Report · 18 Apr 2024 |
| Deemed trustthe CRA | Canada Revenue Agency | — | $661Kconditional | per the receiver | Receiver's Fifth Report · 18 Apr 2024 |
| Secured | Distribution to Secured Creditor | — | $1.2M | per the receiver | Receiver's Fifth Report · 18 Apr 2024 |
| Secured | HSBC Bank Canada | — | $836Kconditional | per the receiver | Receiver's Fifth Report · 18 Apr 2024 |
| Secured | RBC, as successor to HSBC | — | a distributionfinal | per the receiver | Application, filed August 31, 2026 · 31 Aug 2026 |
| Unsecured | Concept's ordinary unsecured creditors | — | no distributionconditional | Estimatedper the trustee | Trustee's Report on its Preliminary Administration · 7 Dec 2020 |
| class not placed | Union Claims | — | $10K | per the receiver | Receiver's Fifth Report · 18 Apr 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.
Fees and ratesAs stated in the filings
4 engagements · 3 firms — latest: GFS, 1 Mar 2020 – 31 Mar 2024, $258,457.71 in feesReceiver's Fifth Report · 18 Apr 2024
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Bennett Jones LLPCounsel | 16 Jul – 13 Nov 2018 | — | $149,563.50ex. tax | not stated | Receiver's Third Report, filed November 20, 2018.pdf · 20 Nov 2018 |
| GFSCounsel to the receiver | 1 Mar 2020 – 31 Mar 2024 | — | $258,457.71ex. tax | not stated | Receiver's Fifth Report · 18 Apr 2024 |
| Grant Thornton LimitedReceiverperiod 2 of 2 | 1 Mar 2020 – 31 Mar 2024 | — | — | not stated | Receiver's Fifth Report · 18 Apr 2024 |
| Grant Thornton LimitedReceiverperiod 1 of 2 | 16 Jul – 13 Nov 2018 | — | $287,001.29ex. tax | not stated | Receiver's Third Report, filed November 20, 2018.pdf · 20 Nov 2018 |
Estate financialsReported figures — never derived
Total assets at filing$2.04M
As at 2 Dec 2020 · per Statement of Affairs (SOA) values, compared to book value; not audited or reviewed by the Trustee · entity-level – Concept Electric Ltd. (the bankrupt) — Total liabilities not stated as a single figure; components given separately: secured claim of HSBC Bank Canada $14,238,163 and unsecured creditors totalling approximately $19,137,757 per the SOA, subject to change as claims are proven. Book value of assets shown as $2,437,933 versus SOA value of $2,036,765 (Accounts Receivable revalued from $726,168 to $325,000).
Cumulative receipts
$5.43M
As at 31 Aug 2026Receiver's Sixth Report dated August 31, 2026
Cumulative disbursements
$1.87M
As at 31 Aug 2026Receiver's Sixth Report dated August 31, 2026
Cash on hand
$234K
As at 31 Aug 2026Receiver's Sixth Report dated August 31, 2026
Professional fees to date
$64.6K
As at 31 Aug 2026Receiver's Sixth Report dated August 31, 2026
Documents
20 filings
| Date | Document | File |
|---|---|---|
Application, filed August 31, 2026
| ||
Receiver's Sixth Report dated August 31, 2026
| ||
Receiver's Fifth Report dated April 18, 2024
| ||
| Tabled Documents - December 7, 2020 | ||
Trustee's Report on its Preliminary Administration dated December 7, 2020
| ||
Certificate of Filing a Bankruptcy Order dated November 25, 2020
| ||
| Creditor Package dated November 25, 2020 | ||
| Application, filed March 19, 2020.pdf | ||
| Receiver's Fourth Report, dated and filed March 19, 2020.pdf | ||
| Application, filed November 20, 2018.pdf | ||
Receiver's Third Report, filed November 20, 2018.pdf
| ||
| Application, filed August 28, 2018.PDF | ||
| Receiver's Second Report - dated and filed August 28, 2018.PDF | ||
Application, filed August 10, 2018.pdf
| ||
Receiver's First Report, dated and filed August 10, 2018.pdf
| ||
| Request for Proposal - August 3, 2018.pdf | ||
Notice & Statement of Receiver - July 23, 2018.pdf
| ||
| Schedule 3 - Letter of Intent Template.pdf | ||
| Affidavit of Cameron Bailey - July 13, 2018.pdf | ||
Notice of Application - July 13, 2018.pdf
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Concept Electric Ltd., 1645943 Alberta Inc., & 101200672 Saskatchewan Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/concept-electric-ltd-1645943-alberta-inc-101200672-saskatchewan-ltd