Quebec · Interim receivership
Application for the Appointment of an Interim Receiver (In French only)
Application / notice of application · 22 June 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 filing10 verified
- applicantBanque Royale du Canada
- appointeeKPMG Inc.
- appointee roleséquestre intérimaire
- courtCOUR SUPÉRIEURE (Chambre commerciale)
- court file no700-11-
- provinceQUÉBEC
- statutory basisArticles 31, 47 et 47.2 de la Loi sur la faillite et l'insolvabilité
- secured creditorsnote: Excavation is not a Petitioning debtor in this proceeding but its debt (Dette Excavation, a floor amount - 'au moins') is guaranteed by 9403 and Sablière, whose assets secure it; Excavation is already under separate BIA receivership since June 8, 2026 and had filed an NOI Dec 9, 2025 · page: 7 · as of: 2026-05-08 · amount: 7667303.85 · debtor: Excavation National Inc. · creditor: Banque Royale du Canada (RBC) · currency: CAD · security: Cautionnements of Sablière and 9403 (each up to $35,000,000 ceiling) secured by the same hypothèques mobilières/immobilière over the assets of 9403 and Sablière
- secured creditorsnote: Amount is a floor ('au moins 5 762 977,40 $', la Dette 9403), subject to fluctuation of credit, accrued interest and fees; the $35M and $7M figures are registration ceilings, not balances; secures Prêts à terme #1 ($3,150,000) and #2 ($3,000,000) · page: 7 · as of: 2025-11-28 · amount: 5762977.4 · debtor: 9403-2216 Québec Inc. · creditor: Banque Royale du Canada (RBC) · currency: CAD · security: Hypothèque mobilière sur l'universalité des biens meubles présents et futurs (montant de 35 000 000 $ plus hypothèque additionnelle de 15%, publiée RDPRM no 24-1174239-0001) et hypothèque immobilière sur l'Immeuble (lots 6368625, 6220244, 6538406-408) pour 7 000 000 $ plus hypothèque additionnelle de 15% (publiée no 28 974 771)
- secured creditorsnote: Registration ceiling, not a stated balance for Sablière itself; Sablière is also a guarantor (caution, related-party-adjacent given common control by Mainville) of the debts of 9403 and Excavation up to $35,000,000 per debtor company, with subordination and renunciation of benefits of discussion and division · page: 10 · debtor: Carrière Sablière Principale Lachute Inc. · creditor: Banque Royale du Canada (RBC) · currency: CAD · security: Hypothèque mobilière sur l'universalité des biens meubles présents et futurs (montant de 35 000 000 $ plus hypothèque additionnelle de 15%, publiée RDPRM no 24-1180522-0003)