Tenor Development by Time Developments Ltd., Receivership

Proceeding: Receivership (court-appointed)sections 13(2) of the Judicature Act, R.S.A. 2000, c.J-2, 99(a) of the Business Corporations Act, R.S.A. 2000, c.B-9, and 65(7) of the Personal Property Security Act, R.S.A. 2000, c.P-7
Court: Court of King's Bench of Alberta
File: 1003 02670
Industry: Real estate

Filings held1

Last activity19 Feb 2010

On the record6,103 days

OverviewSummary updated 19 August 2026

Time Developments Ltd. has been under court-appointed receivership in Alberta since February 19, 2010, when Deloitte & Touche Inc. was appointed Receiver and Manager on the application of Canadian Western Bank, the first mortgagee. The order was granted by the Court of Queen's Bench of Alberta under section 13(2) of the Judicature Act, section 99(a) of the Business Corporations Act and section 65(7) of the Personal Property Security Act, in Court File No. 1003 02670. Notice of the application was given to Bancorp Growth Mortgage Fund Ltd., the second mortgagee. The receivership remains active.

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Case updates1 dated entry

19 Feb 2010

#Order

Court of Queen's Bench of Alberta appointed Deloitte & Touche Inc. Receiver and Manager of Time Developments Ltd. on first mortgagee Canadian Western Bank's application.

Source: Court Order

Parties

Debtor

Tenor Development by Time Developments Ltd., Receivership

Receiver

Deloitte & Touche

Capital structureAs asserted in the filings

Priority class	Creditor	Amount	Source
Secured	Canadian Western Bank · in 83 casesFirst mortgagee (plaintiff seeking receivership); security referenced but no amount stated — Applicant/first mortgagee; amount not stated in this order — debtor: Time Developments Ltd.	—	Court Order
Secured

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“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

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.

Documents1 filing

Date	Document	File
19 Feb 2010	Court Order Applicant Canadian Western Bank Appointee Deloitte & Touche Inc. Appointee role Receiver and Manager Commencement date 19 February 2010 + 7 more extracted facts	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., “Tenor Development by Time Developments Ltd., Receivership” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 5 November 2026, https://proceedings.ca/case/tenor-development-by-time-developments-ltd-receivership

Key facts