Proceedings.

Elk Ridge Golf and Conference Centre Inc

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Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 65(1) of The Queen's Bench Act, 1998, and section 64(8) of The Personal Property Security Act, 1993
File
Q.B.G. 945 of 2020
Filings held10
Last activity28 Sep 2022
On the record2,344 days
OverviewSummary updated

Elk Ridge Golf and Conference Centre Inc. has been under court-appointed receivership in Saskatchewan since June 5, 2020, when Conexus Credit Union 2006 obtained the appointment of MNP Ltd. as receiver under section 243(1) of the Bankruptcy and Insolvency Act, section 65(1) of The Queen's Bench Act, 1998 and section 64(8) of The Personal Property Security Act, 1993. The proceeding is before the Court of King's Bench for Saskatchewan under file no. Q.B.G. 945 of 2020 and remains active. On the receiver's estimate as at the appointment date, Conexus was owed $13,289,737.71 and CWB National Leasing $113,238.80, with a Canada Revenue Agency deemed trust claim carried at $1.00 pending determination of any balance. Equipment was valued at $248,271 and inventory at $53,893 on net book value, with the real property value then unascertained and carried at $1.00.

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Case updates10 dated entries
#Report

The officer filed report no. Supplemental Report. The Receiver has completed remaining tax compliance matters with CRA, finalized distributions to secured creditors with certain adjustments from the original sale approval order, and is now seeking Court approval to make a final distribution to Conexus Credit Union 2006 and obtain its discharge.

Source: Supplemental Report of the Receiver

#Report

The officer filed report no. Third Report. The Receiver completed the sales of the Elk Ridge Resort Assets and the Under-Developed Lands, made interim distributions to creditors, and is now finalizing administration of the estate, including resolving a CRA trust examination, before seeking its discharge.

Source: Receiver's Third Report

#Order

Receivership order granted, placing Elk Ridge Golf and Conference Centre Inc into court-appointed receivership and commencing the Saskatchewan proceeding under file Q.B.G. 945 of 2020.

Source: Receivership Order

Parties

Debtor

Elk Ridge Golf and Conference Centre Inc

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice McCrearyCourt of King's Bench for Saskatchewan1 order, Oct 20202 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPKanuka Thuringer LLP10 Nov 2020Service list · 10 Nov 2020
DebtorElk Ridge Golf and Conference Centre IncMcDougall Gauley LLP · Zatlyn Law Office10 Nov 2020Service list · 10 Nov 2020
CreditorConexus Credit Union 2006Miller Thomson LLP10 Nov 2020Service list · 10 Nov 2020
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 985 casesValue recorded as $1.00 - current balance owing, if any, not yet known; deemed trust/CRA claim. — debtor: Elk Ridge Golf and Conference Centre Inc. · as of 5 Jun 2020$1Notice and Statement of Receiver
4Secured
4Secured

2 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.

Every creditor and every amount, drawn to scale.

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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.

RecoveriesAs declared or paid

CWB National Leasing: a distribution.FinalSupplemental Report of the Receiver · 28 Sep 2022

ClassCreditorClaimsRecoveryBasisSource
SecuredCWB National Leasing—interimFinalper the receiverSupplemental Report of the Receiver · 28 Sep 2022
SecuredConexus Credit Union 2006—interimFinalper the receiverSupplemental Report of the Receiver · 28 Sep 2022
PMSI / lessorCWB National Leasing Inc.—Finalper the receiverReceiver's Third Report · 25 Oct 2021
class not placedColliers McClocklin Real EstateColliers McClocklin Real Estate—Finalper the receiverReceiver's Third Report · 25 Oct 2021
class not placedElk Ridge Estates Condo Corp.Elk Ridge Estates Condo Corp.—Finalper the receiverReceiver's Third Report · 25 Oct 2021
class not placedRural Municipality of Lakeland #521Rural Municipality of Lakeland #521—Finalper the receiverReceiver's Third Report · 25 Oct 2021

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.

6 blurred figures above

The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Cumulative receipts

$7.1M

As at 28 Sep 2022Supplemental Report of the Receiver

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures

Each one as the filing states it, with its source.

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Documents
10 filings
DateDocumentFile
Supplemental Report of the Receiver
  • Operational summary The Receiver has completed remaining tax compliance matters with CRA, finalized distributions to secured creditors with certain adjustments from the original sale approval order, and is now seeking Court approval to make a final distribution to Conexus Credit Union 2006 and obtain its discharge.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Receiver's Third Report
  • Operational summary The Receiver completed the sales of the Elk Ridge Resort Assets and the Under-Developed Lands, made interim distributions to creditors, and is now finalizing administration of the estate, including resolving a CRA trust examination, before seeking its discharge.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Servicd List
  • Counsel Kanuka Thuringer LLP
PDF · Subscribers
Brief of ReceiverPDF · Subscribers
First Report of ReceiverPDF · Subscribers
Notice of Application
  • Applicant ELK RIDGE GOLF & CONFERENCE CENTRE INC. and ARNE PETERSEN
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Court COURT OF QUEEN’S BENCH FOR SASKATCHEWAN
  • + 1 more extracted fact
PDF · Subscribers
Second Report of ReceiverPDF · Subscribers
Court Order
  • Presiding officer Justice McCreary
PDF · Subscribers
Receivership Order
  • Applicant Conexus Credit Union 2006
  • Appointee MNP Ltd.
  • Appointee role Receiver
  • Commencement date 5 June 2020
  • + 3 more extracted facts
PDF · Subscribers
Notice and Statement of Receiver
  • Financial position · Secured creditors · Unsecured creditors Subscribers
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., “Elk Ridge Golf and Conference Centre Inc” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/elk-ridge-golf-and-conference-centre-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/elk-ridge-golf-and-conference-centre-inc

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.