Paradigm Holdings Inc. et al.
Follow- Proceeding
- Receivership (court-appointed)section 243 of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 (the "BIA"), section 10-15 of The King's Bench Act, SS 2023, c 28
- File
- KBG - SA- 1177 - 2026
- Industry
- Real estate · Rental & income property
Paradigm Holdings Inc. and related debtors are before the Court of King's Bench for Saskatchewan in insolvency proceedings commenced on September 17, 2026 on the application of National Bank of Canada, under court file number KBG-SA - 1177 - 2026. The court granted an interim order the same day the proceedings began. The matter remains active in Saskatchewan.
Court of King's Bench for Saskatchewan granted an interim order on the application of National Bank of Canada, opening the proceedings against Paradigm Holdings Inc. and related debtors.
Debtor
Paradigm Holdings Inc. et al.
Receiver
Doane Grant Thornton
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDoane Grant Thornton | MLT Aikins LLP | 17 Sep 2026 | Service list · 17 Sep 2026 |
| ApplicantNational Bank of Canada | McDougall Gauley LLP | 16 Sep 2026 | Application · 16 Sep 2026 |
| CreditorGuarantors: Paradigm Holdings Inc., Obasa-Premier Suites Inc | Kanuka Thuringer LLP | 17 Sep 2026 | Service list · 17 Sep 2026 |
| CreditorNational Bank of Canada | McDougall Gauley LLP | 17 Sep 2026 | Service list · 17 Sep 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | National Bank of Canada (successor to Canadian Western Bank) · in 97 casesParadigm Security: specific security agreements (Apr 5 and May 9, 2010) over personal property on the Lands; demand debenture (May 24, 2013) giving first-priority mortgage charge against the Lands; assignment of rents and leases (June 12, 2017); assignment of parking interests (Mar 7, 2023); general security agreement over all present and after-acquired personal property (Mar 7, 2023) — Total owing under the Loans as stated by the applicant. Components: Credit Facility #353276 principal $8,026,997.61 + interest $367,882.06 = $8,394,879.67; Credit Facility #353277 principal $0.00 + interest $97 · as of 21 Aug 2026 | $8.44M | Originating Application dated September 16, 2026 |
| Secured |
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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.
| Date | Document | File |
|---|---|---|
| Brief of Law on Behalf of the Applicant dated September 21, 2026 | PDF · Subscribers | |
| Civil Chambers Appearance Memo dated September 21, 2026 | PDF · Subscribers | |
| Affidavit of Richard Dean Chan dated September 17, 2026 | PDF · Subscribers | |
Consent to Act dated September 17, 2026
| PDF · Subscribers | |
Order Abridging Service dated September 17, 2026
| PDF · Subscribers | |
Service List as of September 17, 2026
| PDF · Subscribers | |
Originating Application dated September 16, 2026
| 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., “Paradigm Holdings Inc. et al.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 16 October 2026, https://proceedings.ca/case/paradigm-holdings-inc-et-al