Alberta · Receivership (court-appointed)
First Report of the Receiver, dated September 2, 2026
Court officer report · 2 September 2026
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What we verified from this filing19 verified
- applicantROYAL BANK OF CANADA
- courtCOURT OF KING'S BENCH OF ALBERTA
- court file no2601-14248
- appointeeBDO Canada Limited
- appointee rolereceiver and manager
- commencement date20 August 2026
- secured creditorsnote: Registered against all four debtor entities; Arundel seized the leased crane prior to receivership and sought exclusion from receivership; amount not stated · page: 8 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. · creditor: Arundel Capital Corporation · currency: CAD · security: Registered security interest at Alberta PPR; lease of 2017 XCMC Model RT7OU Crane with Jay's Products, dated November 19, 2025
- secured creditorsnote: Amount not stated · page: 9 · debtor: Jay's Metal Products Ltd. · creditor: Jonesy Energy Services Ltd. · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount not stated · page: 9 · debtor: Jay's Metal Products Ltd. · creditor: Cam Clark Ford Sales Ltd. and Cam Clark Leasing Ltd. · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Registered against all four debtor entities; amount not stated · page: 9 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. · creditor: 2416924 Alberta Ltd. o/a Stride Capital · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount stated as approximate ('approximately $4,893,619') per Starenky Affidavit · page: 9 · amount: 4893619 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. · creditor: Royal Bank of Canada · currency: CAD · security: Registered interest in all after-acquired and personal property, registered October 6, 2020
- secured creditorsnote: Amount not stated · page: 9 · debtor: Jay's Metal Products Ltd. · creditor: Bennington Financial Corp. · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Registered against all four debtor entities; amount not stated · page: 9 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd., Jay's Metal Edmonton Ltd. · creditor: Business Development Bank of Canada · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount not stated · page: 9 · debtor: Jay's Metal Products Ltd. · creditor: Bodkin, a Division of Bennington Financial Corp · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount not stated · page: 10 · debtor: Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. · creditor: Sequoia Finance Inc. · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount not stated · page: 10 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. · creditor: Ford Credit Canada Company · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount not stated · page: 10 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. · creditor: Essex Lease Financial Corporation · currency: CAD · security: Registered security interest at Alberta PPR (referred to also as 'Essex Leasing Financial Corporation' for Jay's Framing)
- secured creditorsnote: Amount not stated · page: 10 · debtor: Jay's Metal Products Ltd., Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. · creditor: Coast Capital Equipment Leasing Ltd. · currency: CAD · security: Registered security interest at Alberta PPR
- secured creditorsnote: Amount not stated · page: 10 · debtor: Jay's Metal Structural Ltd., Jay's Metal Steel Framing Ltd. · creditor: ATB Financial · currency: CAD · security: Registered security interest at Alberta PPR