Alberta · Receivership (court-appointed)
Affidavit of Christopher Cameron, sworn March 16, 2026
Affidavit · 16 March 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 filing4 verified
- secured creditorsnote: Exact balance per payout statement dated March 13, 2026 (Exhibit E); guaranteed by Luc Bériault and Jean Bériault (shareholders of the Debtors) personally under the 640 Holdings Guarantee dated Nov 5, 2015 · page: 3 · as of: 2026-03-13 · amount: 1792920.55 · debtor: 640 Holdings Ltd. · creditor: National Bank of Canada (successor by amalgamation of Canadian Western Bank) · currency: CAD · security: General Security Agreement dated November 5, 2015 (640 Holdings GSA); Demand Note dated September 7, 2021 in principal sum of $1,580,000.00 (principal, not balance); Mortgage registered in Alberta Land Titles Office as instrument no. 151 302 669 against the Lands
- secured creditorsnote: Exact balance per payout statement dated March 13, 2026 (Exhibit E); guaranteed by Luc Bériault and Jean Bériault personally under the PLC Guarantee dated Feb 9, 2017 · page: 3 · as of: 2026-03-13 · amount: 162515.29 · debtor: Positive Life Concepts Inc. (PLC) · creditor: National Bank of Canada (successor by amalgamation of Canadian Western Bank) · currency: CAD · security: General Security Agreement dated February 9, 2017 (PLC GSA)
- secured creditorsnote: Stated as an approximate amount ('approximate amount of $76,000') of property tax arrears; tax search attached as Exhibit T · page: 7 · amount: 76000 · debtor: 640 Holdings Ltd. · creditor: Unnamed municipal taxing authority · currency: CAD · security: Property tax arrears on the Lands (municipal tax lien)
- secured creditorsnote: Deemed trust class (CRA). Two liens registered in the amounts of $154,481.52 and $41,332.91 (not summed, per document); CRA Notice dated October 22, 2025 separately states PLC owed CRA $213,913.40 (the 'CRA Arrears'), which affiant assumes is connected to the Tax Liens · page: 8 · debtor: Positive Life Concepts Inc. (PLC) · creditor: His Majesty the King in Right of Canada (Canada Revenue Agency) · currency: CAD · security: Two tax liens registered against PLC on the Alberta PPR search