Leon Mfg. Company Inc. and Ram Industries Inc.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, section 10-15 of The King's Bench Act, and section 64(8) of The Personal Property Security Act, 1993
- File
- KBG-SA-00688-2024
Leon Mfg. Company Inc. and Ram Industries Inc. have been in a court-appointed receivership since June 11, 2024, brought under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The proceeding is before the Court of King's Bench for Saskatchewan in Bankruptcy and Insolvency under file number KBG-SA-00688-2024. A report of the court officer was filed on the commencement date. The receivership remains active, and no further steps appear on the record.
The court granted an approval and vesting order for the sale to 306 Industrial Ltd. Closing terms, as extracted: Vesting effective upon delivery of Receiver's Certificate confirming closing.
Source: Sale Approval & vesting Order - 23 Jun 2026 (Issued)
The officer filed report no. Fourth Report of the Receiver. The receiver has liquidated Leon's personal property/IP and sold the Ram building, and after unsuccessful listing efforts and a public online auction, has now entered into a conditional sale agreement for the remaining Leon Building, subject to court approval. Court file KBG-SA-00688-2024.
The court granted an approval and vesting order for the sale to 102203996 Saskatchewan Ltd. Closing terms, as extracted: Receiver's Certificate delivered upon closing to satisfaction, vesting occurs upon delivery of certificate. Sealed: Sale Agreement.
Source: Sale Approval & Vesting Order
The court appointed Ernst & Young Inc. as Receiver, on the application of Bank of Montreal. Court file KBG-SA-00688-2024.
Source: Receivership Order
Guide
What happens to employees when a company goes bankrupt in Canada
When a Canadian employer goes bankrupt or into creditor protection, its workers are owed pay it cannot meet. What ranks first, what the Wage Earner Protection Program pays and how to apply, and what happens to severance, pensions, benefits and jobs when the business is sold, drawn from the court record.
Outcome brief
Leon and Ram: a tax split with Yorkton, and the last $171,971.02 to BMO
Bank of Montreal's receivership of two Yorkton manufacturers of more than 50 years collected $6,450,180.28, paid CRA, Service Canada and the pension plan ahead of the bank, sold Leon's plant on a proceeds split with the city, and on September 3, 2026 sent the last $171,971.02 to a lender still owed approximately $16,833,889.
Debtor
Leon Mfg. Company Inc. and Ram Industries Inc.
Receiver
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Meschishnick | Court of King's Bench for Saskatchewan | 3 orders, Jun 2024 – Jun 2026 | 15 cases on record |
| Justice Clackson | Court of King's Bench for Saskatchewan | 2 orders, Feb 2025 | 12 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverEY | McDougall Gauley LLP | 3 Jun 2024 | Service list · 3 Jun 2024 |
| DebtorLeon Mfg. Company Inc. and Ram Industries Inc. | Robertson Stromberg LLP | 3 Jun 2024 | Service list · 3 Jun 2024 |
| Creditor558209 Alberta Ltd. and 558212 Alberta Ltd. operating as Younker Cattle Company | Revering Law Office | 24 Feb 2025 | Service list · 24 Feb 2025 |
| CreditorBank of Montreal | MLT Aikins LLP | 11 Jun 2024 | Factum · 11 Jun 2024 |
| CreditorBank of Montreal Attention: Ed Barrington | MLT Aikins LLP | 3 Jun 2024 | Service list · 3 Jun 2024 |
| CreditorCity of Yorkton | DD West LLP | 24 Feb 2025 | Service list · 24 Feb 2025 |
| CreditorDillman Farms Ltd | Kondratoff Persick LLP | 3 Jun 2024 | Service list · 3 Jun 2024 |
| CreditorE.R. (Bill) Vollans Limited | Kondratoff Persick LLP | 3 Jun 2024 | Service list · 3 Jun 2024 |
| CreditorMichael Mrozek | Kondratoff Persick LLP | 24 Feb 2025 | Service list · 24 Feb 2025 |
| CreditorNational Attachment Inc | McDougall Gauley LLP | 24 Feb 2025 | Service list · 24 Feb 2025 |
| CreditorNational Attachments Inc | DD West LLP | 3 Jun 2024 | Service list · 3 Jun 2024 |
| CreditorPeters Agri Company, LLC c / o Pedersen Law | Anderson Law Firm Previously McKercher LLP (last seen 3 Jun 2024) | 3 Jun 2024 | Service list · 24 Feb 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) · in 985 casesProposed GST reassessment for period ending June 11, 2024, per CRA letter dated July 10, 2024; CRA has not filed a deemed trust claim to date; based on audit adjustments from creditor lists, not the company's own books and records. — debtor: Leon Mfg. Company Inc. · as of 10 Jul 2024 | $85.4K | Receiver's First Report |
| 3 | Deemed trusts (CRA and other) | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
4 more claims in 2 classes The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis 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.
3 transactions · 2 closed · 1 approved — the Receiver has entered into an Asset Purchase Agreement with 306 Industrial Ltd. for the sale of the Leon Building, subject to court approvalRam Leon - Receiver's Fourth Report · 17 Jun 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| 102203996 Saskatchewan Ltd.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · nominee/assignee: its nominee · agreement 7 Feb 2025 | Sealed | Closeddate not stated | Receiver's Third Report |
| end purchasers at auction, unnamedthe Leon Personal Property and IP · auction | not stated | Closeddate not stated | Receiver's Third Report |
| 306 Industrial Ltd.the Debtor's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 1 Jun 2026 | Sealed | Approved23 Jun 2026 | Sale Approval & vesting Order - 23 Jun 2026… |
Unsecured creditors: paid in full. Service Canada paid in full · Canada Revenue Agency paid in full · Bank of Montreal a distribution.FinalNotice of Application - Distribution and Discharge · 31 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPA | Service Canada | — | paid in full | Finalper the receiver | Ram Leon - Receiver's Fifth Report · 31 Aug 2026 |
| Deemed trust | Canada Revenue Agency | — | paid in full | Finalper the receiver | Ram Leon - Receiver's Fifth Report · 31 Aug 2026 |
| Secured | Bank of Montreal | — | per the receiver | Notice of Application - Distribution and Discharge · 31 Aug 2026 | |
| Secured | Sun Life | — | per the receiver | Receiver's Third Report · 22 May 2025 | |
| Unsecured | creditors with priority to BMO | — | paid in full | Finalper the receiver | Notice of Application - Distribution and Discharge · 31 Aug 2026 |
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.
4 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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See all plans3 engagements · 2 firms — latest: Ernst & Young Inc., 11 Jun 2024 – 18 Aug 2026, in feesRam Leon - Receiver's Fifth Report · 31 Aug 2026
| Firm | Period | Hours | Fees | Rates | Source | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ernst & Young Inc.Receiverperiod 2 of 2 | 11 Jun 2024 – 18 Aug 2026 | — | not stated | Ram Leon - Receiver's Fifth Report · 31 Aug 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Ernst & Young Inc.Receiverperiod 1 of 2 | to 14 Feb 2025 | 11 people | Receiver's Second Report (1 of 3) · 24 Feb 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
11 people — Ernst & Young Inc., to 14 Feb 2025 · 35 blurred figures
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| McDougall Gauley LLPCounsel to the receiver | 11 Jun 2024 – 31 Jul 2026 | — | not stated | Ram Leon - Receiver's Fifth Report · 31 Aug 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
40 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Notice of Application - Distribution and Discharge
| PDF · Subscribers | |
Order - Distribution and Discharge of Receiver
| PDF · Subscribers | |
| Distribution and Discharge Order - redlined to template | PDF · Subscribers | |
Ram Leon - Receiver's Fifth Report
| PDF · Subscribers | |
Sale Approval & vesting Order - 23 Jun 2026 (Issued)
| PDF · Subscribers | |
Sealing Order & Other Relief - 23 Jun 2026 (Issued)
| PDF · Subscribers | |
Ram Leon - Receiver's Fourth Report
| PDF · Subscribers | |
Receiver's Third Report
| PDF · Subscribers | |
Sale Approval & Vesting Order
| PDF · Subscribers | |
Sealing Order & Other Relief
| PDF · Subscribers | |
| Affidavit of F. Richards (McDougall Gauley LLP) | PDF · Subscribers | |
| Notice of Application - SAVO and Other Relief | PDF · Subscribers | |
Receiver's Second Report (1 of 3)
| PDF · Subscribers | |
| Receiver's Second Report (2 of 3) | PDF · Subscribers | |
| Receiver's Second Report (3 of 3) | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Leon - Complete Notice to Creditors (New FMC).pdf
| PDF · Subscribers | |
Ram - Complete Notice to Creditors (New FMC).pdf
| PDF · Subscribers | |
| Leon Mfg. Company Inc. - Bankruptcy Order | PDF · Subscribers | |
| Ram Industries Inc. - Bankruptcy Order | PDF · Subscribers | |
| Notice of Application | PDF · Subscribers | |
Receiver's First Report
| PDF · Subscribers | |
Ram Industries - Invitation for Offers (Final)
| PDF · Subscribers | |
| Ram Industries Inc. 1 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 10 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 11 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 12 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 13 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 14 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 15 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 16 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 17 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Ram Industries Inc. 2 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 3 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 4 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 5 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 6 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 7 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 8 - Site Photos June 11, 2024.pdf.pdf | PDF · Subscribers | |
| Ram Industries Inc. 9 - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Leon Mfg. Companies Inc_1. - Site Photos June | PDF · Subscribers | |
| Leon Mfg. Companies Inc_10. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg. Companies Inc_11. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg. Companies Inc_12. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg. Companies Inc_13. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg. Companies Inc_14. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg. Companies Inc_15. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg. Companies Inc_2. - Site Photos June | PDF · Subscribers | |
| Leon Mfg. Companies Inc_3. - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Leon Mfg. Companies Inc_5. - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Leon Mfg. Companies Inc_6. - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Leon Mfg. Companies Inc_7. - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Leon Mfg. Companies Inc_8. - Site Photos June 11, 2024.pdf | PDF · Subscribers | |
| Leon Mfg. Companies Inc_9. - Site Photos June 11, 2024 | PDF · Subscribers | |
| Leon Mfg Company Inc - Request for Proposals | PDF · Subscribers | |
| Notice & Statement of Receiver | PDF · Subscribers | |
Brief of Law
| PDF · Subscribers | |
Draft Receivership Order
| PDF · Subscribers | |
Originating Application
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Redline Draft Receivership Order | PDF · Subscribers | |
Abridgment of Time for Service
| PDF · Subscribers | |
Affidavit of Ed Barrington
| PDF · Subscribers | |
| Consent to Appointment | PDF · Subscribers | |
Service List as of June 3, 2024
| 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., “Leon Mfg. Company Inc. and Ram Industries Inc.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/leon-mfg-company-inc-and-ram-industries-inc