#Order
The Court of King's Bench for Saskatchewan granted an interim order, made the 13th day of March, 2026.
Source: Order Final.
Sask Valley Processors Inc. and its guarantor, 11115375 Canada Inc.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) 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 (the "KB Act") and section 64(8) of The Personal Property Security Act, 1993, SS 1993, c P-6.2 (the "PPSA")
- File
- KBG-SA-1549-2025
OverviewSummary updated
Sask Valley Processors Inc. and its guarantor, 11115375 Canada Inc., have been in court-appointed receivership in the Court of King's Bench for Saskatchewan since January 5, 2026, under section 243 of the Bankruptcy and Insolvency Act. On appointment the Receiver moved to secure and preserve Sask Valley Processors' assets and operations. The Receiver's First Report, dated March 6, 2026, records cumulative receipts of CAD 93,662 and cash on hand of CAD 78,684, against professional fees of CAD 124,838. The Court granted an interim order on March 13, 2026. The receivership remains active.
Proceedings AIAsk this case — answers cite the filings
Case updates6 dated entries
#Report
Receiver's First Report accounted for the estate to date: cumulative receipts of CAD 93,662, cash on hand of CAD 78,684 and professional fees of CAD 124,838.
3 earlier updates, back to 5 January 2026 — subscribers.
Parties
Debtor
Sask Valley Processors Inc. and its guarantor, 11115375 Canada Inc.
Applicant
BMO
Receiver
Doane Grant Thornton
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Clackson | Court of King's Bench for Saskatchewan | 3 orders, Jan 2026 – Mar 2026 | 11 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorSask Valley Processors Inc. and its guarantor, 11115375 Canada Inc. | Robertson Stromberg LLP | 3 Mar 2026 | Service list · 3 Mar 2026 |
| CreditorBank of Montreal | MLT Aikins LLP | 3 Mar 2026 | Service list · 3 Mar 2026 |
| CreditorPNC Vendor Finance Corporation Canada | MLT Aikins LLP | 3 Mar 2026 | Service list · 3 Mar 2026 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canadian Grain CommissionLetter of credit issued by BMO on behalf of SVP, drawable by the Grain Commission — Regulatory security deposit mechanism for producer protection; undrawn as the Receiver has verified no producers are owed payment — debtor: Sask Valley Processors Inc. | $400K | SVP First Report (Executed and Assembled) |
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.
Estate financialsReported figures — never derived
Cumulative receipts
$93.7K
As at 6 Mar 2026SVP First Report (Executed and Assembled)
Documents6 filings
| Date | Document | File |
|---|---|---|
Order Final.
| PDF · Subscribers | |
Notice of Application FINAL
| PDF · Subscribers | |
SVP First Report (Executed and Assembled)
| PDF · Subscribers | |
Issued Short Service Order
| PDF · Subscribers | |
BMO v SVIP - Service List 03-03-2026
| PDF · Subscribers | |
BMO v. SVPI Receivership Order 01-05-2026
| 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., “Sask Valley Processors Inc. and its guarantor, 11115375 Canada Inc.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 20 September 2026, https://proceedings.ca/case/sask-valley-processors-inc-and-its-guarantor-11115375-canada-inc