Alberta · Receivership (court-appointed)
Affidavit of Mary Anne Rees, sworn June 9, 2026
Affidavit · 9 June 2026
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What we verified from this filing4 verified
- secured creditorsnote: Deemed trust class (GST ~$16,000 and employee source deductions ~$37,500); document states figure as approximate/floor - 'a little over $53,500.00'; further amounts may be found owing once the Receiver conducts necessary reviews. · page: 4 · amount: 53500 · debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) · creditor: Canada Revenue Agency · currency: CAD
- secured creditorsnote: Related party - 101 is a former affiliate/predecessor entity under common family ownership (Rees family); Lane Rees (director/98.8% shareholder of BCCBS) personally guaranteed all amounts owing by BCCBS to 101 (Personal Guarantee, Exhibit G) - individual guarantor. Stated amount is 'present balance...plus interest and costs' (uncapped). In addition, BCCBS owes approximately 7.5 years of unpaid rent ($30,000/year initial term, $33,000/year overholding) plus $6,655.51 property taxes and $1,876.35 insurance premiums to 101, not included in the stated $373,061.90 balance and not separately totaled by the document. · page: 5 · as of: 2026-06-09 · amount: 373061.9 · debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) · creditor: 101825 Alberta Ltd. ("101") · currency: CAD · security: General Security Agreement dated January 3, 2019 over all present and after-acquired personal property of BCCBS (equipment, inventory, accounts, intangibles); secured also by two Promissory Notes ($91,500 equipment note and $146,561.90 inventory note) and $135,000 in operating loans
- secured creditorsnote: No claims currently being advanced by NHWIC and no issues known likely to give rise to a claim; New Home Warranty search (Exhibit J) indicates no enforcement actions underway. · page: 5 · amount: 25000 · debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) · creditor: New Home Warranty Insurance (Canada) Corporation (NHWIC) · currency: CAD · security: $25,000 bond against BCCBS; asserting security over BCCBS assets per Personal Property Registry search
- secured creditorsnote: BCCBS is currently owed a credit FROM Buckwold in the amount of $442.41 (i.e., Buckwold owes BCCBS, not the reverse); no amount owed by BCCBS to Buckwold is stated. · page: 5 · debtor: Big Country Construction and Building Supplies 2018 Ltd. (BCCBS) · creditor: Buckwold Western Ltd. · currency: CAD · security: Security over inventory supplied by Buckwold to BCCBS and proceeds thereof (PPSA registration)