Alberta · Receivership (court-appointed)
3. Third Report of the Receiver
Court officer report · 3 November 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: To His Majesty the King in Right of Canada, as represented by the Minister of National Revenue, for amounts including approximately $6,378 owing to Service Canada for the super priority claim of $2,000 per employee under sec. 81.4 of the BIA (the ' Westlock WEPP Claim '). · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · amount low: 6378 · amount high: 6378 · class label: Service Canada (Westlock WEPP Claim) · creditor name: Her Majesty the King in Right of Canada (Minister of National Revenue) / Service Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: After receiving the Westlock Interim Distribution and the distribution of any further residual funds in the estate belonging to 264 AB to NBC (the " Westlock Final Distribution "), NBC is estimated to suffer a shortfall on the secured indebtedness and no funds will be available for distribution to other creditors of 264 AB. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: NBC (Westlock Property, 264 AB) · creditor name: National Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: After receiving the Westlock Interim Distribution and the distribution of any further residual funds in the estate belonging to 264 AB to NBC (the " Westlock Final Distribution "), NBC is estimated to suffer a shortfall on the secured indebtedness and no funds will be available for distribution to other creditors of 264 AB. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: other creditors of 264 AB · interim final: unstated · claims qualifier: unstated; basis: unstated · quote: to Service Canada in the approximate $3,415 owing for the super-priority claim of $2,000 per employee under sec. 81.4 of the BIA (the ' Smithers WEPP Claim '). · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · amount low: 3415 · amount high: 3415 · class label: Service Canada (Smithers WEPP Claim) · creditor name: Service Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: After receiving the Interim Distribution and the distribution of any further residual funds in the estate belonging to 127 BC and 130 BC to NBC (the " Smithers Final Distribution "), NBC is estimated to suffer a shortfall on the secured indebtedness and no funds will be available for distribution to other creditors of 127 BC and 130 BC. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: NBC (Smithers Property, 127 BC and 130 BC) · creditor name: National Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: After receiving the Interim Distribution and the distribution of any further residual funds in the estate belonging to 127 BC and 130 BC to NBC (the " Smithers Final Distribution "), NBC is estimated to suffer a shortfall on the secured indebtedness and no funds will be available for distribution to other creditors of 127 BC and 130 BC. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: other creditors of 127 BC and 130 BC · interim final: unstated · claims qualifier: unstated · stated on: 2025-11-03 · table missing: