Alberta · Receivership (court-appointed)
Receiver's First and Final Report to Court dated July 20, 2026
Court officer report · 20 July 2026
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What we verified from this filing9 verified
- applicantBDC Capital Inc.
- courtCOURT OF KING’S BENCH OF ALBERTA
- court file no2601-04642
- appointeeGrant Thornton Limited
- appointee rolereceiver and manager
- commencement date23 March 2026
- secured creditorsnote: Approximate figure stated in Receiver's Report; security not independently verified by Receiver · page: 3 · as of: 2026-03-06 · amount: 3021297 · debtor: Blacksquare Inc. · creditor: BDC Capital Inc. · currency: CAD · security: Receiver understands BDC is Blacksquare's primary secured creditor; Receiver has not independently reviewed BDC's security
- secured creditorsnote: Approximate figure ('approximately $1.33 million'); Receiver understands a significant portion relates to an estimated CRA assessment made during a period of substantially reduced or no active employees; Receiver has requested but not yet received supporting documentation to confirm whether this is a true deemed trust claim (disputed/unconfirmed); no funds available for distribution in respect of this claim as no realizations were generated · page: 8 · as of: 2026-07-03 · amount: 1330000 · debtor: Blacksquare Inc. · creditor: Canada Revenue Agency (CRA) · currency: CAD · security: Deemed trust claim (payroll source deductions) under BIA
- recovery outcomeentries: basis: unstated · quote: The Receiver notes that no realizations have been generated for the estate. Accordingly, there are no funds available for distribution in respect of the Deemed Trust Claim. · pct of: unstated · outcome: nil · class key: deemed_trust · stated by: receiver · class label: Deemed Trust Claim (CRA) · creditor name: CRA · interim final: unstated · claims qualifier: unstated · stated on: 2026-07-20 · table missing: