Proceedings.

New Century Greenhouses Ltd. et al.

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Active
Proceeding
Receivership (court-appointed)Bankruptcy and Insolvency Act, generally and section 243 thereof specifically
File
2603 08746
Filings held32
Last activity15 Sep 2026
On the record139 days
Secured debtSubscribers
OverviewSummary updated

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.

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Case updates32 dated entries

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.

Parties

Debtor

New Century Greenhouses Ltd. et al.

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice BurnsCourt of King's Bench of Alberta1 order, May 202641 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverEYDentons Canada LLP28 Jul 2026Application · 28 Jul 2026
ApplicantLeenen LLP22 Apr 2026Service list · 22 Apr 2026
CreditorAddress for Service and Contact InformationLeenen LLP22 Apr 2026Service list · 22 Apr 2026
CreditorFarm Credit CanadaLeenan LLP28 Jul 2026Application · 28 Jul 2026
CreditorHeng LuoSkyline Legal Group LLP28 Jul 2026Application · 28 Jul 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredFarm 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$2.71MAffidavit 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.

2 more claims across lower-ranking classesSubscribe to view
Sale processAs stated in the filings

7 transactions · 3 not completed · 2 approved · 1 proposed · 1 closedReceiver seeking approval of Real Property Auction Services Agreement and AVO for the Four Remaining PropertiesSecond Report of The Receiver · 14 Sep 2026

PurchaserPriceStatusSource
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 2026not statedProposedFirst Report of the Receiver
Heli Inc.the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · agreement 22 Jul 2026not statedApproved5 Aug 2026Sale 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 2026not statedNot completeddate not statedSecond 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 2026not statedApproved5 Aug 2026Auction Approval and Vesting Order
Suntairathe King Premises · real propertynot statedNot completedSecond Report of The Receiver
Suntairathe Smart Premises · real propertynot statedNot completedSecond Report of The Receiver
New Century Premises purchaser, not named in reportthe New Century Premises and associated personal property · real propertynot statedClosed17 Aug 2026Second Report of The Receiver
AdvisorsMcDougall Auctioneers Ltd. (auctioneer)Second Report of The Receiver
Closing termsVesting occurs upon Auctioneer completing sale, confirming receipt of proceeds, and delivery of Receiver's Closing CertificateApplication (Sale Approval and Vesting Order, Sealing Order, and…
Sealed materialsSecond Confidential Supplement to the Second Report of the ReceiverApplication (Sale Approval and Vesting Order, Sealing Order, and…
Documents
32 filings
DateDocumentFile
Bench BriefPDF · Subscribers
Proposed OrderPDF · Subscribers
Application (Sale Approval and Vesting Order, Sealing Order, and Approval of Receiver's Activities)
  • Closing terms Vesting occurs upon Auctioneer completing sale, confirming receipt of proceeds, and delivery of Receiver's Closing Certificate
  • Sale advisor McDougall Auctioneers Ltd. (auctioneer)
  • Sale outcome Sale approved — Auction agreement for remaining real property approved and vesting authorized
  • Sealed items Second Confidential Supplement to the Second Report of the Receiver
  • + 1 more extracted fact
PDF · Subscribers
Second Report of The Receiver
  • Closing confirmed Closed · 17 Aug 2026; Did not complete · date not stated · Suntaira
  • Process results 3 solicited · 2 bids
  • Purchaser New Century Premises purchaser, not named in report · the New Century Premises and associated personal property · real property · closed; Suntaira Growers Inc. · the Sky Premises and associated personal property · real property · approved; Suntaira · the King Premises · real property · not completed; Suntaira · the Smart Premises · real property · not completed
  • Sale advisor McDougall Auctioneers Ltd. (auctioneer)
  • + 2 more extracted facts
PDF · Subscribers
Affidavit #1 of Chantal KeelyPDF · Subscribers
Application To Appoint ReceiverPDF · Subscribers
Consent to Act as ReceiverPDF · Subscribers
Auction Approval and Vesting Order
  • Closing terms Upon the closing of the transaction contemplated in the Auction Agreement, and the remittance of the net sale proceeds to the Receiver as contemplated in the Auction Agreement, the Receiver shall file with the Clerk of the Court a Receiver's Certificate
  • Order date 5 August 2026
  • Purchaser end purchasers at auction, unnamed · nominee/assignee their nominee · all of the Debtors' right, title and interest in and to the assets described in the Auction Agreement (the "Auction Assets") · auction · approved
  • Sale advisor McDougall Auctioneers Ltd. (auctioneer)
  • + 2 more extracted facts
PDF · Subscribers
Sale Approval and Vesting Order
  • Closing terms Vesting effective upon delivery of the Receiver's Closing Certificate
  • Order date 5 August 2026
  • Purchaser Suntaira Growers Inc. · Sky's right, title and interest in and to the assets described in the Sale Agreement (the "Purchased Assets") · real property · approved
  • Stalking horse Subscribers
PDF · Subscribers
Sale Approval and Vesting Order (re sale to Heli Inc.)
  • Closing terms vesting effective upon delivery of the Receiver's Closing Certificate confirming payment of the Purchase Price and satisfaction of closing conditions
  • Order date 5 August 2026
  • Purchaser Heli Inc. · the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · approved
  • Stalking horse Subscribers
PDF · Subscribers
Sealing OrderPDF · Subscribers
Application
  • Commencement date 28 July 2026
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 2603 08746
PDF · Subscribers
First Report of the Receiver
  • Purchaser Suntaira Growers Inc. · the sale of Sky's Property · real property · proposed; Heli Inc. · the sale of New Century's Property · real property · proposed; end purchasers at auction of Auctionable Personal Property of Universal, Smart, Sunlight and King, unnamed · Auctionable Personal Property of Universal Greenhouse Ltd., Smart Greenhouses Ltd., Sunlight Greenhouse Ltd., and King Greenhouse Ltd. · auction · proposed
  • Sale advisor McDougall Auctioneers Ltd. (auctioneer)
  • Sale outcome Approval pending — Receiver seeking approval of Sky and New Century sales and the equipment auction agreement
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Letter to Service List serving Application Materials
  • Counsel Skyline Legal Group LLP
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Order 2 Compelling orderPDF · Subscribers
Order-1 Consolidation OrderPDF · Subscribers
Affidavit of Karen Zahacy Sworn June 8, 2026PDF · Subscribers
Application - Consolidation & CooperationPDF · Subscribers
Supplement to the Request for Offers and Proposals - New Century Greenhouses et al. - Additional Lot InformationPDF · Subscribers
Lot 1: Universal Greenhouse Ltd. - ImagesPDF · Subscribers
Lot 2: Smart Greenhouses Ltd. - ImagesPDF · Subscribers
Lot 3: New Century Greenhouses Ltd. - ImagesPDF · Subscribers
Lot 4: Sunlight Greenhouse Ltd. - ImagesPDF · Subscribers
Lot 5: Sky Green House Ltd. - ImagesPDF · Subscribers
Lot 6: King Greenhouse Ltd. - ImagesPDF · Subscribers
Request of Offers and Proposals - New Century Greenhouses et alPDF · Subscribers
Brief of LawPDF · Subscribers
Receivership Order
  • Applicant FARM CREDIT CANADA
  • Appointee ERNST & YOUNG INC.
  • Appointee role receiver and manager
  • Commencement date 5 May 2026
  • + 3 more extracted facts
PDF · Subscribers
Book of AuthoritiesPDF · Subscribers
Letter to Service List
  • Counsel Leenen LLP
PDF · Subscribers
Receivership Application
  • Applicant FARM CREDIT CANADA
  • Appointee Ernst & Young Inc.
  • Appointee role Receiver and Manager, or in the alternative, as Receiver
  • Commencement date 22 April 2026
  • + 5 more extracted facts
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

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/new-century-greenhouses-ltd-et-al

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.