Alberta · Receivership (court-appointed)

Notice of Receiver

Notice of receiver (s. 245 / Form 87) · 5 December 2019

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commencement date4 December 2019
financial positionnote: Total secured creditor claims per Schedule reported at $1,878,142.66 (page 2, book value, subject to adjustment per Note 2); total preferred and unsecured creditors per Schedule 'A' reported at $446,987.13 (page 3) · page: 1 · as at: 2019-12-04 · basis: Book value per the Company's financial records (Note 1); receiver cautions realizable values may differ materially · scope: Entity - The Home Improvement Warehouse Ltd. · currency: CAD · total assets: 1449439.22
secured creditorsnote: Amount compiled from Alberta PPR search and discussions with directors; may be subject to adjustments (Note 2); the Company separately holds Shares in 'Castle Building Group' listed as a book-value asset ($36,000.00, page 1), possible affiliation not confirmed · page: 2 · amount: 978142.66 · debtor: The Home Improvement Warehouse Ltd. · creditor: Castle Building Centres · currency: CAD · security: Security interest identified via Alberta Personal Property Registry search
secured creditorsnote: Related party - one of the parties who appointed the Receiver under the GSA; amount compiled from Alberta PPR search and discussions with the secured parties and directors, and may be subject to adjustments (Note 2) · page: 2 · amount: 325000 · debtor: The Home Improvement Warehouse Ltd. · creditor: Michael L. Doyle · currency: CAD · security: General Security Agreement dated June 5, 2019
secured creditorsnote: Related party - one of the parties who appointed the Receiver under the GSA; amount compiled from Alberta PPR search and discussions with the secured parties and directors, and may be subject to adjustments (Note 2) · page: 2 · amount: 575000 · debtor: The Home Improvement Warehouse Ltd. · creditor: 1698420 Alberta Ltd. · currency: CAD · security: General Security Agreement dated June 5, 2019
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1 · debtor: The Home Improvement Warehouse Ltd. · creditor: Alexandria Moldings · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1 · debtor: The Home Improvement Warehouse Ltd. · creditor: American Express · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 5165.49 · debtor: The Home Improvement Warehouse Ltd. · creditor: Bob North Agencies Ltd · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1125.92 · debtor: The Home Improvement Warehouse Ltd. · creditor: Century Paving · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 178.5 · debtor: The Home Improvement Warehouse Ltd. · creditor: Cole International Inc. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 11680.2 · debtor: The Home Improvement Warehouse Ltd. · creditor: Corus Sales Inc. · currency: CAD
unsecured creditorsnote: Deemed-trust class claim (CRA) · page: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1 · debtor: The Home Improvement Warehouse Ltd. · creditor: Canada Revenue Agency · currency: CAD
unsecured creditorsnote: Aggregate of customer deposits, not an individually named creditor · page: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 78155.42 · debtor: The Home Improvement Warehouse Ltd. · creditor: Customer Deposits for Orders · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 816.9 · debtor: The Home Improvement Warehouse Ltd. · creditor: Desjardins Card Services · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 11432.34 · debtor: The Home Improvement Warehouse Ltd. · creditor: Direct Energy Business · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1650.57 · debtor: The Home Improvement Warehouse Ltd. · creditor: Draftseal · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1688.9 · debtor: The Home Improvement Warehouse Ltd. · creditor: Dural Products · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 23.1 · debtor: The Home Improvement Warehouse Ltd. · creditor: Eco-Pro · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 309.26 · debtor: The Home Improvement Warehouse Ltd. · creditor: Enmax · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 7918.51 · debtor: The Home Improvement Warehouse Ltd. · creditor: McLean Lumber Sales · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1 · debtor: The Home Improvement Warehouse Ltd. · creditor: Nofield Inc. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 755.92 · debtor: The Home Improvement Warehouse Ltd. · creditor: Petro-Canada · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 20753.25 · debtor: The Home Improvement Warehouse Ltd. · creditor: Postmedia Network Inc. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 137255.12 · debtor: The Home Improvement Warehouse Ltd. · creditor: Quality Craft Canada · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 154.79 · debtor: The Home Improvement Warehouse Ltd. · creditor: RGO Technologies Inc. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 672.05 · debtor: The Home Improvement Warehouse Ltd. · creditor: Shaw Cable · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 575.77 · debtor: The Home Improvement Warehouse Ltd. · creditor: Sprouse Fire & Safety · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1127.61 · debtor: The Home Improvement Warehouse Ltd. · creditor: Super Save Disposal AB Ltd. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 220.47 · debtor: The Home Improvement Warehouse Ltd. · creditor: Supreme Basics · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 130000 · debtor: The Home Improvement Warehouse Ltd. · creditor: Taiga Building Products Ltd. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 8212.42 · debtor: The Home Improvement Warehouse Ltd. · creditor: Tech-Wood Bldg Components Ltd. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 84 · debtor: The Home Improvement Warehouse Ltd. · creditor: The Ten Penny Company Ltd. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 24376.04 · debtor: The Home Improvement Warehouse Ltd. · creditor: Trimlite Mfg Canada Ltd. · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 160.88 · debtor: The Home Improvement Warehouse Ltd. · creditor: ULINE Canada · currency: CAD
unsecured creditorsnote: Regulatory/statutory claim (Workers' Compensation Board) · page: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 2190 · debtor: The Home Improvement Warehouse Ltd. · creditor: WCB Workers Compensation Board of Alberta · currency: CAD
unsecured creditorsnote: Listed under combined 'Preferred and Unsecured Creditors' schedule; document does not distinguish which entries are preferred vs. ordinary unsecured · page: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 298.7 · debtor: The Home Improvement Warehouse Ltd. · creditor: A.C.E. Courier Services · currency: CAD
unsecured creditorspage: 3 · basis: Schedule "A" - Preferred and Unsecured Creditors, based on the Company's records · amount: 1 · debtor: The Home Improvement Warehouse Ltd. · creditor: Opus Equities Corporation · currency: CAD