Alberta · Receivership (court-appointed)

Affidavit

Affidavit · 8 January 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 filing3 verified

secured creditorsnote: Mortgage Loan outstanding balance as of Dec 30, 2025; separate arrears of $342,976.77 also stated as of affidavit date (last payment July 6, 2025). Registered amount ($7,670,000) is a facility/registration ceiling, not the balance. · page: 2 · as of: 2025-12-30 · amount: 6868218.44 · debtor: 1109079 Alberta Inc. · creditor: Servus Credit Union Ltd. · currency: CAD · security: Mortgage dated October 22, 2021 (instrument 222 070 377) over the Lands (Plan 7620073, Block 12, Lot 1B), registered maximum principal amount $7,670,000.00; secures all Indebtedness
secured creditorsnote: Secures all Indebtedness (same debt as Mortgage entry); no separate balance stated for GSA alone. · page: 3 · debtor: 1109079 Alberta Inc. · creditor: Servus Credit Union Ltd. · currency: CAD · security: General Security Agreement dated October 22, 2021 - security interest in all present and after-acquired personal and real property, blanket all-property registration
secured creditorsnote: CRA/Crown arrears; regulatory/quasi-governmental claim registered as a Writ of Enforcement against the Lands (deemed-trust-class type indebtedness). · page: 4 · as of: 2025-08-01 · amount: 147078 · debtor: 1109079 Alberta Inc. · creditor: Minister of National Revenue (Canada Revenue Agency) · currency: CAD · security: Writ of Enforcement registered against the Lands