Alberta · Receivership (court-appointed)
Application (re Approval of Final Distribution, Fees and Activities and Discharge) - Filed
Application / notice of application · 13 February 2026
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What we verified from this filing2 verified
- secured creditorsnote: Referred to as 'first ranking secured creditor'; no balance stated, receiving $400,000 interim distribution plus final residual distribution · page: 4 · debtor: Sunora Foods Inc. · creditor: The Toronto-Dominion Bank (TD) · currency: CAD
- recovery outcomeentries: basis: liquidation_alternative · quote: (a) $2,000 to Service Canada, or whatever alternative amount Service Canada confirms is owing in wage arrears by way of statement of account pursuant to section 81.4 of the BIA; and · pct of: unstated · outcome: distribution · class key: weppa · stated by: receiver · amount low: 2000 · cumulative: false · amount high: 2000 · class label: Service Canada · creditor name: Service Canada · interim final: unstated · conditional on: or whatever alternative amount Service Canada confirms is owing in wage arrears by way of statement of account pursuant to section 81.4 of the BIA · claims qualifier: unstated; basis: unstated · quote: (b) $400,000 to TD, as the first ranking secured creditor. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 400000 · cumulative: false · amount high: 400000 · class label: TD, as the first ranking secured creditor · creditor name: The Toronto-Dominion Bank · interim final: interim · claims qualifier: unstated; basis: unstated · quote: Following payment of any outstanding professional fees of the Receiver and it's legal counsel, Dentons Canada LLP (' Dentons '), the Receiver proposes to make a final distribution of any residual amounts remaining in the Debtor's estate after the collection of the Bakshi Outstanding Receivable, to TD as the first ranking secured creditor. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · cumulative: false · class label: TD, as the first ranking secured creditor · creditor name: The Toronto-Dominion Bank · interim final: final · conditional on: Following payment of any outstanding professional fees of the Receiver and it's legal counsel, and the collection of the Bakshi Outstanding Receivable · claims qualifier: unstated · stated on: 2026-02-13 · table missing: