Waterfront Developments Ltd.
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act, RSC 1985, c B-3 ("BIA"), section 65(1) of The King's Bench Act, 1998, SS 1998, c Q-1.01, and section 64(8) of The Personal Property Security Act, 1993, SS 1993, c P-6.2
- File
- Q.B.G-SA-747-2022
- Industry
- Real estate · Residential development
Waterfront Developments Ltd. has been under insolvency proceedings since April 4, 2025, when the Court of Queen's Bench for Saskatchewan made a receivership order in Chambers. The matter is carried on the court's records under file no. Q.B.G-SA-747-2022 and is typed as a bankruptcy proceeding. Nothing further has been added to the record since the commencement date, and the case remains active.
Debtor
Waterfront Developments Ltd.
Receiver
MNP
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ApplicantProsperity Credit Union Ltd | Leland Kimpinski LLP | 20 Mar 2025 | Application · 20 Mar 2025 |
| DebtorWaterfront Developments Ltd. | Cuelenaere LLP | 18 Mar 2025 | Service list · 18 Mar 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Prosperity Credit Union Ltd. (formerly Prairie Centre Credit Union (2006) Ltd.)Greenside Mortgage (registered July 23, 2018, amended by Loan Amendment Agreement eff. Sept 30, 2019 registered Oct 15, 2019, increasing amount secured to $4,402,625.65); Waterfront Golf Mortgage (July 23, 2018) in amount of the Loan; General Security Agreements dated July 23, 2018 from Greenside, Lakeside Water Utility, Waterfront Golf, Waterfront Developments and Waterfront Holdings; PPSA General Registration #301794400 dated July 25, 2018 against all present and after-acquired property of each corporate Respondent (expires July 25, 2029; claimed first priority) — Original 2018 commitment/Lo · as of 6 Mar 2024 | $5.99M | ii Affidavit of Sheryl Hilash |
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured | |||
| Secured |
6 more claims in 1 class The stack holds Secured claims.
Every creditor and every amount.
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See all plansThis 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.
| Date | Document | File |
|---|---|---|
v Proposed Receivership Order
| PDF · Subscribers | |
i Notice of Application
| PDF · Subscribers | |
| vii BIA Notice of Intention with Proof of Service | PDF · Subscribers | |
| xii Brief of Law with Authorities | PDF · Subscribers | |
| iv Affidavit of Bob Lys | PDF · Subscribers | |
ix Consent to Appointment
| PDF · Subscribers | |
xiii Service List
| PDF · Subscribers | |
| iii Affidavit of G Craig Baird | PDF · Subscribers | |
ii Affidavit of Sheryl Hilash
| PDF · Subscribers | |
| xi Labour Standards Response Letter | PDF · Subscribers | |
| vi Saskatchewan PPR Search Results | PDF · Subscribers | |
| x Litigation Search | 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., “Waterfront Developments Ltd.” (Receivership (court-appointed)), Court of King's Bench for Saskatchewan. Retrieved 4 November 2026, https://proceedings.ca/case/waterfront-developments-ltd