0741190 BC Ltd.
- Proceeding
- Receivership (court-appointed)Section 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- File
- H-260281
- Industry
- Real estate · Rental & income property
0741190 BC Ltd. has been in court-appointed receivership in the Supreme Court of British Columbia since June 3, 2026, under section 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, in court file H-260281. The proceeding remains active. Working from the debtor's limited books and records, the receiver has compiled a list of creditors filed as Exhibit A. It records Royal Bank of Canada at $1,029,551, the City of Courtenay at $384,760 as an estimated claim with no designation as preferred, and Canada Revenue Agency at $178,086 in the deemed trust class. Employees, the Ministry of Finance, Olympia Trust Company and WorkSafe BC each appear at a nominal $1 placeholder, with individual employee claims not itemised.
The officer filed report no. First Report. The Receiver ceased the retail liquor business on taking possession, terminated about ten employees, and is administering the property rental business on an interim basis. It is collecting rents, addressing tenant complaints about building conditions, and preparing a potential sale process while the Company's discharge application is pending.
Source: Receiver's First Report to the Court dated August 27, 2026
Order placing 0741190 BC Ltd. into court-appointed receivership under BIA s. 243 and provincial Judicature Act authority, commencing the proceeding in court file H-260281.
Debtor
0741190 BC Ltd.
Receiver
Doane Grant Thornton
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Royal Bank of Canada · in 584 casesEstimated claim; no security stated in document — debtor: 741190 B.C. Ltd. | $1.03M | Notice and Statement of the Receiver dated June 23, 2026 |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
6 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansThis proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Crown deemed trusts: shortfall.EstimatedReceiver's First Report to the Court · 27 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | identified potential priority and secured claims (RBC, CRA, the City of Courtenay, Olympia Trust, and the Receiver and its counsel) | — | short by conditional | Estimatedper the receiver | Receiver's First Report to the Court · 27 Aug 2026 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansCumulative receipts
$104K
As at 24 Aug 2026Receiver's First Report to the Court dated August 27, 2026
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Affidavit # 1 of Mark Wentzell made September 4, 2026 | PDF · Subscribers | |
| Affidavit # 1 of Ryan Laity filed August 27, 2026 | PDF · Subscribers | |
Receiver's First Report to the Court dated August 27, 2026
| PDF · Subscribers | |
| Certificate of Filing of Receivership (11-255163) | PDF · Subscribers | |
Notice and Statement of the Receiver dated June 23, 2026
| PDF · Subscribers | |
Receivership Order filed June 3, 2026
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “0741190 BC Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/0741190-bc-ltd