Proceedings.

SHLD Building Systems Ltd.

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Active
Proceeding
Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, and section 13(2) of the Judicature Act, RSA 2000, c J-2
File
2501-01922
Filings held3
Last activity23 Jan 2026
On the record297 days
Secured debt$1.3M
OverviewSummary updated

SHLD Building Systems Ltd. is in court-appointed receivership in Alberta, under an order pronounced November 28, 2025 by the Court of King's Bench of Alberta. The proceeding is brought under section 243 of the Bankruptcy and Insolvency Act and the provincial Judicature Act, and is carried on court file number 2501-01922. The receivership remains active. The record to date consists of the appointment order itself; no further steps have been reported on this file.

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Case updates3 dated entries
#Order

Receivership order pronounced by the Court of King's Bench of Alberta, placing SHLD Building Systems Ltd. into court-appointed receivership under court file 2501-01922.

Source: Receivership Order

Parties

Debtor

SHLD Building Systems Ltd.

Receiver

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MarionCourt of King's Bench of Alberta1 order, Dec 202524 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverEYMLT Aikins LLP8 Dec 2025Service list · 8 Dec 2025
ApplicantDentons Canada LLP8 Dec 2025Service list · 8 Dec 2025
DebtorSHLD Building Systems Ltd.Wilson Laycraft8 Dec 2025Service list · 8 Dec 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredRoyal Bank of Canada · in 556 casesBased on unaudited books and records of SHLD as at January 15, 2026; illustrative, not a final determination of claims (per Appendix 'A' disclaimer). — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1.3MSHLD Building Systems Ltd. - 245/246 Notice
4SecuredFirst Capital LeasingOutstanding balance currently unknown; notional value of $1.00 assigned per Appendix 'A' disclaimer. — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1SHLD Building Systems Ltd. - 245/246 Notice
4SecuredCanadian Western Bank · in 80 casesOutstanding balance currently unknown; notional value of $1.00 assigned per Appendix 'A' disclaimer. — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1SHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredDean DorsettIndividual creditor (person, not a company). — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1.54MSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredChad DorsettIndividual creditor (person, not a company). — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1.1MSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredLakefield LLPdebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$154KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredGrant SobushIndividual creditor (person, not a company). — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$141KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredHighwood Trusses Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$51.5KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredWhite Cap Supply Canada Inc. · in 12 casesdebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$45.1KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredDouble Haul Contracting Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$42.9KSHLD Building Systems Ltd. - 245/246 Notice
8Unsecured2193371 Alberta Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$41.3KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredC. Keay Investments Ltd. · in 3 casesdebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$32.6KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredThe Home Depot Inc.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$26.8KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredOn Point Construction and Forming Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$11.5KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredDriver Direct (1998) Ltd. · in 8 casesdebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$11.4KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredCFI Engineering Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$6.54KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredGFL Environmental Inc. · in 52 casesdebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$4.2KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredCreative Door Services Ltd. · in 4 casesdebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$4.19KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredLA Building Supplies Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$3.4KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredHome Hardware Stores Ltd.debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$2.5KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredOEO Accounting & Advisorydebtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$2.42KSHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredTschetter Manufacturing Company Ltd.Outstanding balance currently unknown; notional value of $1.00 assigned per Appendix 'A' disclaimer. — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1SHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredWestern Economic Diversification Canada - Regional Relief and Recovery FundGovernment relief loan program; outstanding balance currently unknown, notional value of $1.00 assigned per Appendix 'A' disclaimer. — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1SHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredWestern Economic Diversification Canada - Business Scale Up and ProductivityGovernment relief loan program; outstanding balance currently unknown, notional value of $1.00 assigned per Appendix 'A' disclaimer. — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1SHLD Building Systems Ltd. - 245/246 Notice
8UnsecuredCanada Emergency Business Account LoanGovernment COVID-19 relief loan program; outstanding balance currently unknown, notional value of $1.00 assigned per Appendix 'A' disclaimer. — debtor: SHLD Building Systems Ltd. · as of 15 Jan 2026$1SHLD Building Systems Ltd. - 245/246 Notice
Estate financialsReported figures — never derived
Total assets at filing$6
Total liabilities at filing$4.52M

As at 15 Jan 2026 · per Net book value of assets currently unknown; notional value of $1.00 assigned to each asset class (per Note 1). Liabilities based on unaudited books and records of SHLD (per Note 2). · SHLD Building Systems Ltd. (entity-level, per Receiver's consolidated summary) — Asset figures are notional placeholders, not actual net book values; liability total (Secured $1,300,354 + Unsecured $3,221,796) as stated by Receiver.

Documents3 filings
DateDocumentFile
SHLD Building Systems Ltd. - 245/246 Notice
  • Financial position Assets $6 · Liabilities $4.52M · as at 15 Jan 2026 · per Net book value of assets currently unknown; notional value of $1.00 assigned to each asset class (per Note 1). Liabilities based on unaudited books and records of SHLD (per Note 2). · SHLD Building Systems Ltd. (entity-level, per Receiver's consolidated summary) — Asset figures are notional placeholders, not actual net book values; liability total (Secured $1,300,354 + Unsecured $3,221,796) as stated by Receiver.
  • Secured creditors $1 · Note: Outstanding balance currently unknown; notional value of $1.00 assigned per Appendix 'A' disclaimer. · Page: 3 · As of: 2026-01-15 · Debtor: SHLD Building Systems Ltd. · Creditor: Canadian Western Bank
  • Unsecured creditors $1 · Note: Government relief loan program; outstanding balance currently unknown, notional value of $1.00 assigned per Appendix 'A' disclaimer. · Page: 3 · As of: 2026-01-15 · Basis: Listing of creditors prepared by Receiver, based on unaudited books and records of SHLD as at January 15, 2026, provided for illustrative purposes only · Debtor: SHLD Building Systems Ltd. · Creditor: Western Economic Diversification Canada - Regional Relief and Recovery Fund
PDF
Service List
  • Applicant ROYAL BANK OF CANADA
  • Appointee Ernst & Young Inc.
  • Appointee role Receiver
  • Commencement date 28 November 2025
  • + 3 more extracted facts
PDF
Receivership Order
  • Applicant Royal Bank of Canada
  • Appointee Ernst & Young Inc.
  • Appointee role receiver and manager
  • Commencement date 28 November 2025
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “SHLD Building Systems Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/shld-building-systems-ltd

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/shld-building-systems-ltd

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.