New Century Greenhouses Ltd. et al.
Follow- Proceeding
- Receivership (court-appointed)Bankruptcy and Insolvency Act, generally and section 243 thereof specifically
- File
- 2603 08746
New Century Greenhouses Ltd., together with King Greenhouse Ltd., Sunlight Greenhouse Ltd., Universal Greenhouse Ltd., Smart Greenhouse Ltd. and Sky Green House Ltd., has been before the Court of King's Bench of Alberta since July 28, 2026 under court file 2603 08746, on an application by Farm Credit Canada, the named applicant and plaintiff. The matter remains active. The receiver has obtained a security opinion from legal counsel confirming that FCC's security is valid and enforceable. The Canada Revenue Agency has filed deemed trust class proofs of claim of $199,887.92 against New Century Greenhouses Ltd., of which $98,540.69 is employee source deductions and $101,347.32 employer source deductions, and $81,834.41 against King Greenhouse Ltd., comprising $48,379.74 employee and $33,454.67 employer source deductions. Registered subsequent encumbrancers include CNH Industrial Capital Canada Inc. under a PPSA purchase-money registration, Iron Core Mechanical Ltd. under construction lien 261 024 421, Agriculture and Agri-Food Canada, Alberta Employment Standards and the Workers Compensation Board.
Application (Sale Approval and Vesting Order, Sealing Order, and Approval of Receiver's Activities) — Approval and vesting order
29 earlier updates, back to 5 May 2026 — subscribers.
Case update
New Century Greenhouses: twelve vehicles, by serial number
Six commercial greenhouses around Redcliff, Alberta went into receivership on May 5. Seven weeks later the receiver still did not have the bank statements, the payroll records, or the keys — so on June 29 it obtained an order compelling the companies and their three guarantors to produce all of it within ten days, down to the location of twelve vehicles listed by VIN.
Debtor
New Century Greenhouses Ltd. et al.
Receiver
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Burns | Court of King's Bench of Alberta | 1 order, May 2026 | 41 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverEY | Dentons Canada LLP | 28 Jul 2026 | Application · 28 Jul 2026 |
| Applicant | Leenen LLP | 22 Apr 2026 | Service list · 22 Apr 2026 |
| CreditorAddress for Service and Contact Information | Leenen LLP | 22 Apr 2026 | Service list · 22 Apr 2026 |
| CreditorFarm Credit Canada | Leenan LLP | 28 Jul 2026 | Application · 28 Jul 2026 |
| CreditorHeng Luo | Skyline Legal Group LLP | 28 Jul 2026 | Application · 28 Jul 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Farm Credit Canada · in 34 casesLoan Agreement 827239; 2023 Mortgage dated Dec 19, 2023, registered as Alberta Land Titles instrument 241 092 647, securing loans up to $2,750,000.00 at rates up to 18% per annum — Personal guarantees (827239 Guarantees) from Poonampreet Kaur, Satnam Singh and Balwinder Singh, to an unlimited amount; interest and legal/enforcement costs continuing to accrue — debtor: New Century Greenhouses Ltd., King Greenhouse Ltd., Sunlight Greenhouse Ltd., Universal Greenhouse Ltd., Smart Greenhouse Ltd., Sky Green House Ltd. (jointly and severally) · as of 17 Apr 2026 | $2.71M | Affidavit of Jay Penner - Sworn April 21 |
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.
7 transactions · 3 not completed · 2 approved · 1 proposed · 1 closed — Receiver seeking approval of Real Property Auction Services Agreement and AVO for the Four Remaining PropertiesSecond Report of The Receiver · 14 Sep 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| end purchasers at auction of Auctionable Personal Property of Universal, Smart, Sunlight and King, unnamedAuctionable Personal Property of Universal Greenhouse Ltd., Smart Greenhouses Ltd., Sunlight Greenhouse Ltd., and King Greenhouse Ltd. · auction · agreement 24 Jul 2026 | not stated | Proposed | First Report of the Receiver |
| Heli Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 22 Jul 2026 | not stated | Approved5 Aug 2026 | Sale Approval and Vesting Order (re sale to… |
| Suntaira Growers Inc.Sky's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · agreement 24 Jul 2026 | not stated | Not completeddate not stated | Second Report of The Receiver |
| end purchasers at auction, unnamedall of the Debtors' right, title and interest in and to the assets described in the Auction Agreement (the "Auction Assets") · auction · nominee/assignee: their nominee · agreement 24 Jul 2026 | not stated | Approved5 Aug 2026 | Auction Approval and Vesting Order |
| Suntairathe King Premises · real property | not stated | Not completed | Second Report of The Receiver |
| Suntairathe Smart Premises · real property | not stated | Not completed | Second Report of The Receiver |
| New Century Premises purchaser, not named in reportthe New Century Premises and associated personal property · real property | not stated | Closed17 Aug 2026 | Second Report of The Receiver |
| Date | Document | File |
|---|---|---|
| Bench Brief | PDF · Subscribers | |
| Proposed Order | PDF · Subscribers | |
Application (Sale Approval and Vesting Order, Sealing Order, and Approval of Receiver's Activities)
| PDF · Subscribers | |
Second Report of The Receiver
| PDF · Subscribers | |
| Affidavit #1 of Chantal Keely | PDF · Subscribers | |
| Application To Appoint Receiver | PDF · Subscribers | |
| Consent to Act as Receiver | PDF · Subscribers | |
Auction Approval and Vesting Order
| PDF · Subscribers | |
Sale Approval and Vesting Order
| PDF · Subscribers | |
Sale Approval and Vesting Order (re sale to Heli Inc.)
| PDF · Subscribers | |
| Sealing Order | PDF · Subscribers | |
Application
| PDF · Subscribers | |
First Report of the Receiver
| PDF · Subscribers | |
Letter to Service List serving Application Materials
| PDF · Subscribers | |
| Order 2 Compelling order | PDF · Subscribers | |
| Order-1 Consolidation Order | PDF · Subscribers | |
| Affidavit of Karen Zahacy Sworn June 8, 2026 | PDF · Subscribers | |
| Application - Consolidation & Cooperation | PDF · Subscribers | |
| Supplement to the Request for Offers and Proposals - New Century Greenhouses et al. - Additional Lot Information | PDF · Subscribers | |
| Lot 1: Universal Greenhouse Ltd. - Images | PDF · Subscribers | |
| Lot 2: Smart Greenhouses Ltd. - Images | PDF · Subscribers | |
| Lot 3: New Century Greenhouses Ltd. - Images | PDF · Subscribers | |
| Lot 4: Sunlight Greenhouse Ltd. - Images | PDF · Subscribers | |
| Lot 5: Sky Green House Ltd. - Images | PDF · Subscribers | |
| Lot 6: King Greenhouse Ltd. - Images | PDF · Subscribers | |
| Request of Offers and Proposals - New Century Greenhouses et al | PDF · Subscribers | |
| Brief of Law | PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Book of Authorities | PDF · Subscribers | |
Letter to Service List
| PDF · Subscribers | |
Receivership Application
| PDF · Subscribers | |
Affidavit of Jay Penner - Sworn April 21
| 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., “New Century Greenhouses Ltd. et al.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/new-century-greenhouses-ltd-et-al