Saskatchewan · Receivership (court-appointed)
Originating Application - Appointing Interim Receiver
Application / notice of application · 19 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 filing2 verified
- secured creditorsnote: Loans most recently described in letter agreement dated April 1, 2026 (the 'Loan Agreement'); TD asserts security in all or substantially all of the Property · page: 4 · as of: 2026-08-13 · amount: 4037299.24 · debtor: Beacon House Care Home Ltd. and 102041978 Saskatchewan Ltd. · creditor: The Toronto-Dominion Bank · currency: CAD · security: Collateral mortgages against 978's real property; general security agreements over all present and after-acquired personal property of the Debtors
- unsecured creditorsnote: Deemed trust class (source deduction arrears); approximate figure as reported by guarantor, not an independently confirmed balance · page: 4 · basis: TD advised by one of the Debtors' guarantors of source deduction arrears of approximately $320,000 · amount: 320000 · debtor: Beacon House Care Home Ltd. · creditor: Canada Revenue Agency · currency: CAD