Alberta · Receivership (court-appointed)
Second Report of The Receiver
Court officer report · 14 September 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing9 verified
- closing confirmedscope: the New Century Premises and associated personal property · outcome: completed · effective: 2026-08-17 · date basis: stated · approval order date: 2026-08-05; scope: the King Premises · outcome: not_completed · purchaser: Suntaira · date basis: unstated
- operational summaryThe Debtors' greenhouse operations are in receivership with the Receiver marketing and selling the real property: the Sky and New Century Premises are sold (New Century closed August 17, 2026), the equipment auction is expected to yield nothing, and the Receiver seeks approval of an auction agreement to sell the four remaining properties.
- process resultsbids: 2 · note: three real estate brokers approached; two provided proposals · solicited: 3
- professional feesnote: Total fees and expenses of the Receiver including GST, after a courtesy discount of $12,373.18; includes out-of-pocket expenses of $1,325.51 (including GST). The Receiver's counsel's fees and expenses to August 31, 2026 total $51,962.77 (including GST). · party: Receiver (Ernst & Young Inc.) · amount: 92588.04 · period: from onset of receivership proceedings to August 31, 2026 · currency: CAD
- purchaserprice: sealed: false · scope: the New Century Premises and associated personal property · status: closed · name note: New Century Premises purchaser, not named in report · structure: real_property · name source: recital · relationship: unstated; Suntaira Growers Inc.; Suntaira; Suntaira
- report date14 September 2026
- report noSecond Report
- sale advisorMcDougall Auctioneers Ltd.
- sale outcometext: Receiver seeking approval of Real Property Auction Services Agreement and AVO for the Four Remaining Properties · scope: parcel · status: pending_approval