Background:
Radius Credit Union Limited (RCU) sued Saskatchewan Government Insurance (SGI) for unpaid insurance proceeds related to water damage at a condominium. RCU argued it was entitled to proceeds under the insurance policy issued to West Park Condo, the insured party. SGI contended no such obligation existed under the policy or the governing statute, The Condominium Property Act, 1993 (CPA).

Legal Issues:

1. Summary Judgment Applicability:
   The court determined that the case could be decided by summary judgment as there were no genuine issues requiring a trial.

2. Contractual Obligations:
   The court held SGI had no contractual obligation to pay RCU since RCU was not named in the insurance policy.

3. Statutory Obligations:
   Under the CPA, SGI was not obligated to pay proceeds to RCU. Instead, the insured condominium corporation bore responsibility for applying the insurance proceeds appropriately.

4. Equitable Claims:
   The court rejected RCU’s claim of an equitable lien or assignment, noting RCU was not named as a loss payee.

Outcome:
The court granted SGI’s application for summary judgment, dismissed RCU’s claim, and ordered RCU to pay SGI costs based on Column 1 of the tariff.