Proceedings.

Symphony Condominium Ltd.

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Closed
Proceeding
BankruptcySection 49 of the Bankruptcy and Insolvency Act
File
24-116360
Filings held4
Last activity7 Jan 2026
On the record879 days
Secured debt$15.6M
OverviewSummary updated

Symphony Condominium Ltd. is the subject of a bankruptcy proceeding under the Bankruptcy and Insolvency Act before the Court of King's Bench of Alberta, court file number 24-116360. The proceeding commenced on January 7, 2026, the same day the Court granted an interim order. The record of the matter contains no further dated steps, and the file is now recorded as closed. No trustee, asset realization or claims information appears on the record as it stands.

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Case updates4 dated entries
#Order

Court of King's Bench of Alberta granted an interim order, the step by which this bankruptcy proceeding commenced under court file 24-116360.

Source: Discharge Order

Parties

Debtor

Symphony Condominium Ltd.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredTimbercreek Mortgage Servicing Inc. · in 7 casesReal property/immovable mortgages on Building - Calgary (9720 106 Street NW) and Building - Edmonton (9720 106 Street NW); other deposits held in trust; deposit held in trust (pending litigation); cash on hand held by Receiver. Security given 25-Jun-2019 (List 'B'). — Claim bifurcated by security valuation: estimated value of security $12,862,884.00 (List 'B'); resulting balance/deficiency of $2,709,467.41 is listed as this same creditor's unsecured claim in List 'A' (page 6). Statement of Affairs summary line 'Secured creditors as per list B' shows $13,205,854.00, which appears to be a balanc · as of 25 Apr 2024$15.6MCreditor' Package
8UnsecuredCanada ICI Capital Corporation · in 8 casesdebtor: Symphony Condominium Ltd. · as of 25 Apr 2024$5.59MCreditor' Package
8UnsecuredTimbercreek Mortgage Servicing Inc. · in 7 casesBifurcated deficiency claim: unsecured claim $1.00 plus balance of claim $2,709,467.41 after deducting estimated value of security from this creditor's secured claim recorded in List 'B' (page 7). — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$2.71MCreditor' Package
8UnsecuredCRA - Tax - Prairies · in 86 casesGST/Payroll indebtedness - deemed trust class. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$64.9KCreditor' Package
8UnsecuredScheffer Andrew Ltd. · in 2 casesdebtor: Symphony Condominium Ltd. · as of 25 Apr 2024$10.9KCreditor' Package
8UnsecuredAlberta Treasury Board & Finance · in 16 casesdebtor: Symphony Condominium Ltd. · as of 25 Apr 2024$2.21KCreditor' Package
8UnsecuredCrowe MacKay LLP · in 7 casesdebtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1.16KCreditor' Package
8UnsecuredMetergy Solutions Inc. · in 2 casesNominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredCity of Edmonton · in 27 casesNature of claim: municipal property taxes; nominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredCRA - Tax - Pacific · in 71 casesNominal $1.00 claim (Insolvency Intake Centre). — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredDirect Energy Regulated Services · in 58 casesNominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredKDM Management Inc. · in 3 casesNominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredHSBC Bank Canada · in 54 casesNominal $1.00 claim as listed; bank listed as unsecured on this record. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredEpcor · in 49 casesNominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredAlberta Infrastructure · in 4 casesNominal $1.00 claim as listed on List 'A'. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredFirst National GP Financial Corporation · in 2 casesNominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
8UnsecuredWCB Workers Compensation Board of Alberta · in 49 casesNominal $1.00 claim as listed. — debtor: Symphony Condominium Ltd. · as of 25 Apr 2024$1Creditor' Package
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedCreditor' Package · 29 Apr 2024

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionconditionalEstimatedper the trusteeCreditor' Package · 29 Apr 2024

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived
Total assets at filing$13.2M
Total liabilities at filing$21.2M

As at 25 Apr 2024 · per Statement of Affairs (Form 78) - as stated and estimated by the officer (MNP Ltd., in its capacity as Receiver and Manager) · Symphony Condominium Ltd. (entity level) — Statement of Affairs reports a deficiency of $8,034,798.27 (total liabilities $21,240,652.27 less total assets $13,205,854.00). Total liabilities comprise total unsecured creditors $8,034,798.27 (unsecured $5,668,300.86 plus balance of secured claims $2,366,497.41) and secured creditors per List 'B' $13,205,854.00; preferred creditors and contingent/other liabilities are nil.

Documents4 filings
DateDocumentFile
Discharge Order
  • Commencement date 7 January 2026
  • Court COURT OF KING'S BENCH OF ALBERTA
  • Court file no 24-116360
PDF
Creditor' Package
  • Financial position Assets $13.2M · Liabilities $21.2M · as at 25 Apr 2024 · per Statement of Affairs (Form 78) - as stated and estimated by the officer (MNP Ltd., in its capacity as Receiver and Manager) · Symphony Condominium Ltd. (entity level) — Statement of Affairs reports a deficiency of $8,034,798.27 (total liabilities $21,240,652.27 less total assets $13,205,854.00). Total liabilities comprise total unsecured creditors $8,034,798.27 (unsecured $5,668,300.86 plus balance of secured claims $2,366,497.41) and secured creditors per List 'B' $13,205,854.00; preferred creditors and contingent/other liabilities are nil.
  • Recovery outcome Entries: per estimated · Stated on: 2024-04-29 · Table missing:
  • Secured creditors $15.6M · Note: Claim bifurcated by security valuation: estimated value of security $12,862,884.00 (List 'B'); resulting balance/deficiency of $2,709,467.41 is listed as this same creditor's unsecured claim in List 'A' (page 6). Statement of Affairs summary line 'Secured creditors as per list B' shows $13,205,854.00, which appears to be a balancing figure equal to total reported assets rather than the creditor's actual claim; the amount reported here is the specific 'Amount of claim' stated for this creditor in List 'B'. · Page: 7 · As of: 2024-04-25 · Debtor: Symphony Condominium Ltd. · Creditor: Timbercreek Mortgage Servicing Inc. · Security: Real property/immovable mortgages on Building - Calgary (9720 106 Street NW) and Building - Edmonton (9720 106 Street NW); other deposits held in trust; deposit held in trust (pending litigation); cash on hand held by Receiver. Security given 25-Jun-2019 (List 'B').
  • Unsecured creditors $5.59M · Page: 6 · As of: 2024-04-25 · Basis: Statement of Affairs (Form 78), List 'A' - Unsecured Creditors, as stated and estimated by the officer · Debtor: Symphony Condominium Ltd. · Creditor: Canada ICI Capital Corporation
PDF
Certificate of Filing
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 25 April 2024
  • Court file no 24-116360
  • + 1 more extracted fact
PDF
Form 21PDF

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

CiteProceedings., “Symphony Condominium Ltd.” (Bankruptcy), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/symphony-condominium-ltd-bankruptcy

Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/symphony-condominium-ltd-bankruptcy

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.