MGT Management Inc. and MGT Aggregate Products Inc. have been in court-appointed receivership in Alberta since December 2, 2022, when the Royal Bank of Canada obtained the appointment of BDO Canada Limited as interim receiver and receiver and manager under section 243(1) of the Bankruptcy and Insolvency Act and sections 13(2) of the Judicature Act, 99(a) of the Business Corporations Act and 65(7) of the Personal Property Security Act. The proceeding is carried in the Court of King's Bench of Alberta under file 2201-13687 and remains active. RBC's secured claim is reported at CAD 1,384,768, with Accord Small Business Leasing Corp. and Varion Capital Corp. DBA Accord Financial shown jointly at CAD 990,280. Schedule A lists unsecured claims led by Jay Sidhu Transport Ltd. at CAD 339,017.89 and Tyalta Industries Inc. at CAD 269,873.12.
The court granted an approval and vesting order for the sale to the Debtors' right, title and interest in and to the assets purchased by such Purchaser at the Auction. Closing terms, as extracted: Auction Transactions complete upon sale, receipt of price, and delivery of bill of sale, followed by Receiver's Closing Certificate.
The officer filed report no. First Report. MGT's quarry operations ceased upon the Receiver's appointment; the Receiver recovered equipment, engaged a liquidator to conduct an auction, and pursued limited collection of accounts receivable while a sale of aggregate inventory remains pending.
Order placing both MGT Management Inc. and MGT Aggregate Products Inc. into court-appointed receivership, commencing the Alberta proceeding under court file 2201-13687.
Source: Consent Receivership Order filed on December 7, 2022
Debtor
MGT Management Inc. & MGT Aggregate Products Inc.
Receiver
BDO
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Little | Court of King's Bench of Alberta | 2 orders, Jun 2023 | 39 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorMGT Management Inc. & MGT Aggregate Products Inc. | Harry W. Sawchuk Barrister & Solicitor Rowanoak Law Office | 21 Nov 2022 | Service list · 21 Nov 2022 |
| CreditorRoyal Bank of Canada | McMillan LLP | 7 Jun 2023 | Service list · 7 Jun 2023 |
| CreditorWrit of Enforcement | Warren Sinclair LLP | 21 Nov 2022 | Service list · 21 Nov 2022 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 926 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Royal Bank of Canada · in 556 casesas of Notice of Receiver filing date — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.38M | Notice of Receiver |
| 4 | Secured | Accord Small Business Leasing Corp and Varion Capital Corp DBA Accord Financialas of Notice of Receiver filing date — listed jointly as single amount — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $990K | Notice of Receiver |
| 4 | Secured | Oxygen Working Capitalamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | CLE Leasing Enterprise Ltd. · in 4 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Sunbelt Rentals Of Canada Inc. · in 15 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Tyalta Industries Inc.amount unknown as stated; also appears as unsecured creditor per Schedule A — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Canadian Western Bank · in 80 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Komatsu International (Canada) Inc. · in 11 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Accord Small Business Leasing Corp. · in 3 casesamount unknown as stated; also listed jointly above — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Varion Capital Corp. DBA Accord Financialamount unknown as stated; also listed jointly above — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | CCG Equipment Finance Limited · in 2 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | John Deere Financial Inc. · in 14 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Brandt Finance Ltd. · in 3 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | Meridian Onecap Credit Corp. · in 75 casesamount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | 3D Crane & Rigging Ltd.amount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 4 | Secured | 1992169 Alberta Ltd.amount unknown as stated — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | — | Notice of Receiver |
| 8 | Unsecured | Jay Sidhu Transport Ltd. · in 2 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $339K | Notice of Receiver |
| 8 | Unsecured | Tyalta Industries Inc.also listed as secured creditor with amount unknown on p.2 — debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $270K | Notice of Receiver |
| 8 | Unsecured | G & B Fuels Riversidedebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $99.3K | Notice of Receiver |
| 8 | Unsecured | PME Inc. · in 2 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $92.6K | Notice of Receiver |
| 8 | Unsecured | Northland Quarry Supply Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $71.9K | Notice of Receiver |
| 8 | Unsecured | Rise Transport Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $56.9K | Notice of Receiver |
| 8 | Unsecured | Riverside Fuels Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $52.9K | Notice of Receiver |
| 8 | Unsecured | Big Rack Rentalsdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $52.5K | Notice of Receiver |
| 8 | Unsecured | JT Setters & Sons Construction Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $50.6K | Notice of Receiver |
| 8 | Unsecured | 1036302 Alberta Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $35.7K | Notice of Receiver |
| 8 | Unsecured | Damroc International Drilling & Blastingdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $34.2K | Notice of Receiver |
| 8 | Unsecured | WCB Alberta · in 12 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $33.5K | Notice of Receiver |
| 8 | Unsecured | Finning International Inc. · in 8 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $27.3K | Notice of Receiver |
| 8 | Unsecured | MNP LLP · in 63 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $21.4K | Notice of Receiver |
| 8 | Unsecured | Dread Driving Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $20.1K | Notice of Receiver |
| 8 | Unsecured | SMS Equipment Inc. · in 9 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $15.9K | Notice of Receiver |
| 8 | Unsecured | Austin Powder Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $15.1K | Notice of Receiver |
| 8 | Unsecured | Dane's Heavy Duty Repair Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $13.5K | Notice of Receiver |
| 8 | Unsecured | Union Tractordebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $13.1K | Notice of Receiver |
| 8 | Unsecured | Mainland Sand & Graveldebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $11.6K | Notice of Receiver |
| 8 | Unsecured | Brett Industries Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $11.5K | Notice of Receiver |
| 8 | Unsecured | GR Petrology Consultants Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $11.1K | Notice of Receiver |
| 8 | Unsecured | Trevor Croftdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $11K | Notice of Receiver |
| 8 | Unsecured | Ponoka Cooperative Oilsdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $10.9K | Notice of Receiver |
| 8 | Unsecured | T.J Landscaping Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $9.85K | Notice of Receiver |
| 8 | Unsecured | Ro-Dar Contracting Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $8.25K | Notice of Receiver |
| 8 | Unsecured | GLS Trucking Limiteddebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $7.81K | Notice of Receiver |
| 8 | Unsecured | TG Enterprises Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $7.45K | Notice of Receiver |
| 8 | Unsecured | Double H Machine Shopdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $7.19K | Notice of Receiver |
| 8 | Unsecured | Brandt Tractor Ltd. · in 27 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $5.77K | Notice of Receiver |
| 8 | Unsecured | Chieftain Equipmentdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $5.71K | Notice of Receiver |
| 8 | Unsecured | AEC Industrial Solutionsdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $4.83K | Notice of Receiver |
| 8 | Unsecured | Sunbelt Rentals · in 20 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $4.59K | Notice of Receiver |
| 8 | Unsecured | CPS Gear Technology & Consultingdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $4.46K | Notice of Receiver |
| 8 | Unsecured | Ma-Shine Pressure Wash Services Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $4.26K | Notice of Receiver |
| 8 | Unsecured | Word International Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $4.01K | Notice of Receiver |
| 8 | Unsecured | Accurate Western Scale Co. Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.6K | Notice of Receiver |
| 8 | Unsecured | Pumps and Pressure Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.56K | Notice of Receiver |
| 8 | Unsecured | Arrow Reload Systems Inc. · in 2 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.5K | Notice of Receiver |
| 8 | Unsecured | Pidherney's Inc. · in 3 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.43K | Notice of Receiver |
| 8 | Unsecured | Tri-Enviro Containers Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.39K | Notice of Receiver |
| 8 | Unsecured | TNT Towingdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.2K | Notice of Receiver |
| 8 | Unsecured | Mark Crouch Backhoe Service Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $3.09K | Notice of Receiver |
| 8 | Unsecured | Willigar & Sons Automotivedebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.97K | Notice of Receiver |
| 8 | Unsecured | DBell Environmental Servicesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.85K | Notice of Receiver |
| 8 | Unsecured | Our Can Co. · in 2 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.61K | Notice of Receiver |
| 8 | Unsecured | M.H. Dhaliwal Trucking Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.54K | Notice of Receiver |
| 8 | Unsecured | Canwest Propane Partnership · in 4 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.49K | Notice of Receiver |
| 8 | Unsecured | Kal Tire · in 30 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.39K | Notice of Receiver |
| 8 | Unsecured | Precision Giant Systems Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.2K | Notice of Receiver |
| 8 | Unsecured | Riley's Reproductionsdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $2.03K | Notice of Receiver |
| 8 | Unsecured | Certified Laboratories · in 16 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.98K | Notice of Receiver |
| 8 | Unsecured | Black Hand Transport Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.93K | Notice of Receiver |
| 8 | Unsecured | United Rentals · in 40 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.89K | Notice of Receiver |
| 8 | Unsecured | Alberta Landsworks Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.77K | Notice of Receiver |
| 8 | Unsecured | Boast Capital · in 5 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.73K | Notice of Receiver |
| 8 | Unsecured | Rowanoak Law Officedebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.72K | Notice of Receiver |
| 8 | Unsecured | Foothills Tanks Rentals Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.67K | Notice of Receiver |
| 8 | Unsecured | Komatsu International Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.62K | Notice of Receiver |
| 8 | Unsecured | Pinnacle Drilling Products · in 2 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.49K | Notice of Receiver |
| 8 | Unsecured | Mammoth Graphicsdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.27K | Notice of Receiver |
| 8 | Unsecured | Caroline Shell Servicedebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.15K | Notice of Receiver |
| 8 | Unsecured | Simson Maxwell · in 3 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.04K | Notice of Receiver |
| 8 | Unsecured | Terrex Construction Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $1.03K | Notice of Receiver |
| 8 | Unsecured | Alpha Equipment Rentaldebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $860 | Notice of Receiver |
| 8 | Unsecured | Impark · in 5 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $855 | Notice of Receiver |
| 8 | Unsecured | Alcedio Capital Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $842 | Notice of Receiver |
| 8 | Unsecured | Dan Harderdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $820 | Notice of Receiver |
| 8 | Unsecured | Alberta Roadbuilders and HE Edmontondebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $817 | Notice of Receiver |
| 8 | Unsecured | Motion Canada · in 25 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $576 | Notice of Receiver |
| 8 | Unsecured | Go Services Inc.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $513 | Notice of Receiver |
| 8 | Unsecured | Air Liquide · in 27 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $489 | Notice of Receiver |
| 8 | Unsecured | Shock Trauma Air Rescue Service · in 3 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $450 | Notice of Receiver |
| 8 | Unsecured | Castle Wolf Creek Building Suppliesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $430 | Notice of Receiver |
| 8 | Unsecured | Westech Sanitation Systems Ltd. · in 2 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $263 | Notice of Receiver |
| 8 | Unsecured | Fedex · in 37 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $147 | Notice of Receiver |
| 8 | Unsecured | UPS · in 39 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $109 | Notice of Receiver |
| 8 | Unsecured | Chevrondebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $107 | Notice of Receiver |
| 8 | Unsecured | Scott Kane Barrister & Solicitordebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $25 | Notice of Receiver |
| 8 | Unsecured | Big Rock Waste Disposal (2008) Ltd.debtor: MGT Management Inc. and MGT Aggregate Products Inc. | $17 | Notice of Receiver |
| 8 | Unsecured | Purolator · in 38 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $11 | Notice of Receiver |
| 8 | Unsecured | Canadian National Railway · in 4 casesdebtor: MGT Management Inc. and MGT Aggregate Products Inc. | $9 | Notice of Receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
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.
2 transactions · 1 proposed · 1 approved — Auction Agreement approved and Auctioneer authorized to conduct auctionOrder re Sale Approval - Filed June 13, 2023 · 13 Jun 2023
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers at McDougall's public auction, unnamedcertain equipment (the 'Assets') owned by MGT · auction | SealedDetails of McDougall's liquidation proposal, including the net minimum guarantee, are contained in the sealed Confidential Supplemental report | Proposed | First Report of the Receiver - June 5 2023 |
| end purchasers at auction, unnamedthe Debtors' right, title and interest in and to the assets purchased by such Purchaser at the Auction · auction | not statedpurchase price determined at the Auction, not stated | Approved13 Jun 2023 | Order re Sale Approval - Filed June 13, 2023 |
Cumulative receipts
$109K
As at 5 Jun 2023First Report of the Receiver - June 5 2023
Professional fees to date
$416K
As at 5 Jun 2023First Report of the Receiver - June 5 2023
| Date | Document | File |
|---|---|---|
| Application for Sale Approval | ||
Order re Increase Receivers Charge_ Filed June 13 2023
| ||
Order re Sale Approval - Filed June 13, 2023
| ||
Sealing Order - Filed June 13, 2023
| ||
| Authorities to the Brief of the Receiver | ||
| Brief of the Receiver | ||
| Letter to the Service List encl. Unfiled Brief and Authorities | ||
Service List - MGT Management Inc. (Updated June 7, 2023)
| ||
First Report of the Receiver - June 5 2023
| ||
Notice of Receiver
| ||
Consent Receivership Order filed on December 7, 2022
| ||
Originating Application
| ||
| Affidavit of Natalia Naraine sworn Nov 21 2022 | ||
| Service Letter to List Nov 21 2022 | ||
Service List
| ||
| MGT Aggregate Consent Judgment - M. Tomlinson | ||
| MGT Management Consent Judgment - M. Tomlinson | ||
Consent to Receivership Order
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “MGT Management Inc. & MGT Aggregate Products Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/mgt
Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/mgt
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.