Edmonton City Centre Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and sections 13(2) of the Judicature Act
- File
- 2503-13149
- Industry
- Real estate · Rental & income property
Edmonton City Centre Inc. has been in court-appointed receivership since July 7, 2025, when Associate Chief Justice K.G. Nielsen of the Court of King's Bench of Alberta granted an order on the application of senior secured lender Otéra Capital Inc. (Court File No. 2503-13149). Otéra's indebtedness was stated at $139,508,037.26 as at June 1, 2025, plus accruing interest and costs, secured by a mortgage registered November 26, 2019 with original principal of $155,500,000. ECC had been in default since December 1, 2024; a forbearance agreement was reached February 21, 2025, and demand and a notice of intention to enforce security followed on June 16, 2025. Construction liens registered by Chancelot Concrete Restoration ($366,376), Clay Consulting ($214,161.68) and United Rentals ($68,731) stand against the lands; the Receiver's preliminary position is that Chancelot's lien ranks behind the Otéra mortgage.
The court appointed PricewaterhouseCoopers Inc. as Receiver and Manager, on the application of Otera Capital Inc.. Court file 2503 13149.
Source: Receivership Order - Filed
Outcome brief
Edmonton City Centre: a sealed price for the mall and three towers
Otéra Capital was owed $139,508,037.26 when PwC took possession of downtown Edmonton's 1.4-million-square-foot complex in July 2025; thirteen months, $10.57 million of capital work and four letters of intent later, Justice Mah approved its sale to Westrich Management Ltd., to close November 18, 2026 at a price the court has sealed.
Debtor
Edmonton City Centre Inc.
Applicant
Otéra Capital Inc.
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Mah | Court of King's Bench of Alberta | 3 orders, Aug 2026 | 78 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantOtéra Capital Inc. | Norton Rose Fulbright Canada LLP | 3 Jul 2025 | Order · 3 Jul 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesas of July 7, 2025 — Amount stated as 'To be determined' in Receiver's statement; listed among secured parties (possible deemed-trust/PPSA claim, unspecified). — debtor: Edmonton City Centre Inc. | — | ECC - 245 246 Notice to Creditors |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
92 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Application, returnable dated August 7, 2026
| PDF · Subscribers | |
Approval and Vesting Order - Filed
| PDF · Subscribers | |
| Blackline of the proposed form of approval and vesting order to the AB template approval and vesting order dated August 7, 2026 | PDF · Subscribers | |
Receiver's Activities and Fee Approval Order - Filed
| PDF · Subscribers | |
Sealing Order - Filed
| PDF · Subscribers | |
| Brief of Law dated July 24, 2026 | PDF · Subscribers | |
First Report of the Receiver dated July 24, 2026
| PDF · Subscribers | |
| Service LT to Email & Fax Recipients dated July 24, 2026 | PDF · Subscribers | |
| Fee Affidavit of M. Wong sworn July 23, 2026 | PDF · Subscribers | |
ECC - 245 246 Notice to Creditors - Updated
| PDF · Subscribers | |
ECC - 245 246 Notice to Creditors
| PDF · Subscribers | |
| Service Letter - Receivership Order | PDF · Subscribers | |
Receivership Order - Filed
| PDF · Subscribers | |
| Affidavit of R. Lall - Filed July 3, 2025 | PDF · Subscribers | |
Application (Receivership Order) - Filed July 3, 2025
| PDF · Subscribers | |
Brief (Receivership Order) - Filed July 3, 2025
| PDF · Subscribers | |
| Statement of Claim - Filed July 3, 2025 | 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., “Edmonton City Centre Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/edmonton-city-centre-inc