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$5M Debt For Edmonton Dentist Led To Clinic Closures

September 15, 2019
by CTV News Edmonton


A judge has ruled an Edmonton dentist owes Alberta Treasury Branches more than $5 million after he failed to meet the terms of a loan, prompting the sudden closure of a chain of dental clinics he operated.

Dr. Amarjit Seehra led his practice with another dentist through the Coredent Partnership with six clinics across Edmonton under the Core Dental Group brand.

But by December of 2018, Coredent owed ATB Financial $6.6 million and was put into receivership later that month.

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