New Brunswick · Receivership (court-appointed)
Second Supplement to the Ninth Report of the Receiver dated August 5, 2026
Court officer report · 5 August 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 filing5 verified
- disbursementsnote: Total property-level disbursements per the Net Receipts Analysis (property manager fees, repairs and maintenance, utilities, insurance, property tax, HST); excludes professional fees and other receivership costs, which were not allocated by property. Net receipts total $2,048,287. · since: Date of Receivership (April 15, 2024) until each property transaction closed · amount: 3180485 · currency: CAD
- operational summaryThe Receiver's analysis shows each property was cash flow positive on an operational basis through to closing of its sale. It recommends a further interim distribution to the Caisse to pay out the remainder of its secured claim, with the balance of proceeds held pending the Claims Process.
- receipts cumulativenote: Total gross receipts across the nine properties in the Net Receipts Analysis (rent collected $5,180,387 plus laundry $48,384). Figure is from Appendix A and may differ from the Statement of Receipts and Disbursements as of July 7, 2026 due to classification differences. · since: Date of Receivership (April 15, 2024) until each property transaction closed · amount: 5228772 · currency: CAD
- report date5 August 2026
- report noSecond Supplement to the Ninth Report