Saskatchewan · Receivership (court-appointed)
Application of Business Development Bank of Canada, dated April 2, 2026
Application / notice of application · 2 April 2026
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What we verified from this filing9 verified
- applicantBusiness Development Bank of Canada
- appointeeBDO Canada Limited
- appointee rolereceiver
- courtCOURT OF KING'S BENCH FOR SASKATCHEWAN
- court file noKBG-SA-408-2026
- statutory basissection 243 of the Bankruptcy and Insolvency Act, RSC 1985, c B-3, section 10-15 of The King's Bench Act, SS 2023, c 28, and subsection 64(8) of The Personal Property Security Act, 1993, SS 1993, c P-6.2
- commencement date2 April 2026
- counselMcKERCHER LLP
- secured creditorsnote: Figure stated as combined indebtedness of Tisdale and 387 SK Ltd. to BDC as at March 12, 2026; demand for payment made April 21, 2025; s.244 BIA notice served November 4, 2025 · as of: 2026-03-12 · amount: 1677809.15 · debtor: 102133387 Saskatchewan Limited (formerly Tisdale Swadesh Convenience Store Inc./Debtor) and Tisdale Convenience Store Inc. (Guarantor) · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: Mortgage dated September 15, 2023 over Surface Parcel #146399697, Lot A Blk/Par 2 Plan No CU 4943 Extension 0; Assignment of Rents dated September 15, 2023; General Security Agreement dated September 15, 2023 over Debtor's present and after-acquired personal property; Guarantee dated September 15, 2023 by Tisdale secured by Tisdale GSA dated September 12, 2023 over Tisdale's present and after-acquired personal property; original loan advanced was $1,600,000.00 on or about August 21, 2023