The officer filed report no. Third Report. The liquidation is winding down mortgage collection activities; all remaining mortgage and loan balances have been collected, settled, or deemed uncollectible, and no significant future receipts are anticipated.
PrimeWest Mortgage Investment Corporation
- Proceeding
- Winding-up (provincial)SECTION 204 OF THE BUSINESS CORPORATIONS ACT, RSS 1978, c B-10
- File
- Q.B. No. 1455 of 2019
- Industry
- Financial services · Lending & mortgages
PrimeWest Mortgage Investment Corporation is the subject of an active provincial winding-up proceeding in the Court of Queen's Bench for Saskatchewan, brought under section 204 of The Business Corporations Act, RSS 1978, c B-10, and carried under file QB No. 1455 of 2019. The record consists of two filings: an application dated October 9, 2019, and a further application dated at Saskatoon, Saskatchewan on May 22, 2020, the date from which the proceeding is recorded as commenced. The matter remains active. Nothing further is on the record — no court-appointed officer, no hearing, and no further step in the winding-up.
The claims bar date has passed — claims were due by
Per the Claims Process Order - Issued January 10, 2020 dated 10 January 2020.
The officer filed report no. Second Report. The Corporation is in voluntary liquidation and windup, with the Liquidator selling remaining condo units, mortgages and judicial sale properties, while managing an active claims process and related litigation including a class action and appeal.
Further application filed in the same Saskatchewan file, dated at Saskatoon on May 22, 2020, and taken as the commencement date of the winding-up proceeding.
Notice of Application - Interim Approval and Claims Process was filed. Court file Q.B. No. 1455 of 2019.
Source: Notice of Application - Interim Approval and Claims Process
Winding-up application brought in the Court of Queen's Bench for Saskatchewan under section 204 of The Business Corporations Act, opening court file QB No. 1455 of 2019.
Source: Originating application
Undated filings1 — no date appears on the document · show
Debtor
PrimeWest Mortgage Investment Corporation
Liquidator
KPMG
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Gabrielson | Court of King's Bench for Saskatchewan | 8 orders, Oct 2019 – Aug 2021 | 12 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| LiquidatorKPMG | W Law LLP | 17 Dec 2019 | Service list · 17 Dec 2019 |
| ApplicantPrimeWest Mortgage Investment Corporation | McDougall Gauley LLP | 25 Oct 2019 | Service list · 17 Dec 2019 |
| Creditor( / ), KPMGinc | W Law LLP | 1 Feb 2021 | Application · 1 Feb 2021 |
| CreditorDan Anderson Tom Archibald Francis Bast Doug Frondal Mike Hough Will Olive Tom Robinson Irene Seifering | McDougall Gauley LLP | 17 Dec 2019 | Service list · 17 Dec 2019 |
| CreditorDebbie Burwash | Willows Wellsch Orr & Brundige LLP | 13 Oct 2022 | Filed Discontinuance · 13 Oct 2022 |
| CreditorDebbie Gloria Burwash | Willows Wellsch Orr & Brundige LLP | 17 Dec 2019 | Service list · 17 Dec 2019 |
| CreditorDonald Zealand | Miller Thomson LLP | 17 Dec 2019 | Service list · 17 Dec 2019 |
| CreditorGranite Enterprises Inc | Willows Wellsch Orr & Brundige LLP | 17 Dec 2019 | Service list · 17 Dec 2019 |
| CreditorP.I. Financial | MLT Aikins LLP | 17 Dec 2019 | Service list · 17 Dec 2019 |
| CreditorRandy Koroluk, et al | Merchant Law Group | 17 Dec 2019 | Service list · 17 Dec 2019 |
4 engagements · 2 firms — latest: KPMG Inc., 2 Jul – 17 Sep 2020, soughtSecond Liquidator’s report · 19 Nov 2020
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPMG Inc.Liquidatorperiod 3 of 3 | 2 Jul – 17 Sep 2020Sought | — | 3 people | Second Liquidator’s report · 19 Nov 2020 | |||||||||||||||||||||||||||||||
3 people — KPMG Inc., 2 Jul – 17 Sep 2020 · 9 blurred figures
| |||||||||||||||||||||||||||||||||||
| KPMG Inc.Liquidatorperiod 2 of 3 | 2 Mar – 7 Jul 2020Sought | — | 5 people | Second Liquidator’s report · 19 Nov 2020 | |||||||||||||||||||||||||||||||
5 people — KPMG Inc., 2 Mar – 7 Jul 2020 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||
| KPMG Inc.Liquidatorperiod 1 of 3 | 18 Nov 2019 – 28 Feb 2020Sought | — | 5 people | Second Liquidator’s report · 19 Nov 2020 | |||||||||||||||||||||||||||||||
5 people — KPMG Inc., 18 Nov 2019 – 28 Feb 2020 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||
| The W Law Group LLPCounsel | —Sought | — | — | not stated | Second Liquidator’s report · 19 Nov 2020 | ||||||||||||||||||||||||||||||
45 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 plansAs at ·
Cumulative receipts
$6.46M
As at 3 Nov 2022Third Liquidator's Report dated Nov 3, 2022
Cumulative disbursements
As at
Professional fees
As at
2 more reported figures, and the 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Third Liquidator's Report dated Nov 3, 2022
| PDF · Subscribers | |
Filed Discontinuance
| PDF · Subscribers | |
| Notice of Discontinuance - Filed | PDF · Subscribers | |
Order Approving Litigation Plan
| PDF · Subscribers | |
Notice of Application dated August 16, 2021
| PDF · Subscribers | |
Second Supplemental Report of the Liquidator
| PDF · Subscribers | |
| Update to stakeholders of PrimeWest | PDF · Subscribers | |
| Affidavit of Nicholas Conlon, sworn Feb 1 2021 | PDF · Subscribers | |
Notice of Motion to Perfect Appeal
| PDF · Subscribers | |
Interim Approval Order, issued 2020-12-04
| PDF · Subscribers | |
Notice of Application FINAL
| PDF · Subscribers | |
Second Liquidator’s report dated Nov 19, 2020
| PDF · Subscribers | |
Compendium of filed evidence on behalf of the Respondent CACV 3678
| PDF · Subscribers | |
Notice of Motion to Quash
| PDF · Subscribers | |
Supplemental Liquidator's report for the Court of Appeal
| PDF · Subscribers | |
| Brief of Law dated June 8, 2020 | PDF · Subscribers | |
| Affidavit of Natasha Halvorson, sworn May 22, 2020 | PDF · Subscribers | |
| Compendium of Filed Evidence Relied Upon by the Applicant, KPMG Inc. | PDF · Subscribers | |
| Letter to Q.B Saskatoon | PDF · Subscribers | |
Notice of Application - Advice and Directions
| PDF · Subscribers | |
Claims Process Order - Issued January 10, 2020
| PDF · Subscribers | |
Interim Approval Order - Issued January 10, 2020
| PDF · Subscribers | |
First Liquidator's report dated Dec 18, 2019
| PDF · Subscribers | |
Notice of Application - Interim Approval and Claims Process
| PDF · Subscribers | |
Service List
| PDF · Subscribers | |
Amended and Restated Order dated Nov 25, 2019
| PDF · Subscribers | |
| Respondent's Brief of Law | PDF · Subscribers | |
| Notice and Statement of Liquidator dated Nov 6, 2019 | PDF · Subscribers | |
PrimeWest liquidation order dated October 31, 2019
| PDF · Subscribers | |
Interim Stay order dated October 25, 2019
| PDF · Subscribers | |
| Supplementary affidavit of Kaminsky | PDF · Subscribers | |
Affidavit of Marlene Kaminsky with exhibits
| PDF · Subscribers | |
Originating application
| PDF · Subscribers | |
Claims Package
| PDF · Subscribers | |
| Memorandum to the Presiding Judge | 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., “PrimeWest Mortgage Investment Corporation” (Winding-up (provincial)), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/primewest-mortgage-investment-corporation