#Order
Justice Loo appointed D. Manning & Associates Inc. receiver and manager under BIA s. 243(1) and s. 39 of the Law and Equity Act, in court file H260844.
Source: H-260844 Entered Order
0973001 B.C. Ltd.
FollowActive
- Proceeding
- Receivership (court-appointed)section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act
- File
- H260844
- Industry
- Real estate · Rental & income property
OverviewSummary updated
0973001 B.C. Ltd. is in court-appointed receivership in the Supreme Court of British Columbia, with D. Manning & Associates Inc. acting as receiver and manager on the application of Beem Credit Union under BIA s. 243 and provincial Judicature Act authority. Beem, formerly BlueShore Financial Credit Union, is owed $4,199,319.45 as of September 3, 2026 by 0973001 and 2167 Dundas Street Holdings Ltd. on a term loan originally advanced at $4,500,000 that matured September 23, 2025, with interest running at 7.20% per annum compounded semi-annually, a per diem of $785.12. Beem holds a first priority mortgage and assignment of rents dated September 15, 2020, a beneficial mortgage from 2167 Dundas, and a general security agreement registered in the PPR. The borrowers acknowledged default and did not contest the security's validity. Property tax arrears of $143,175.31 leave the lands exposed to tax sale.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries · 1 undated
Undated filings1 — no date appears on the document · show
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AnalysisAll insights
Filing brief
2167 Dundas Street: a receiver, more than a year after a 3.15% loan matured
On October 16 Justice Loo appointed D. Manning & Associates Inc. receiver of the two companies that own a Vancouver rental property. Beem Credit Union, which applied, says it was owed $4,199,319.45 by September 3 on a 2020 loan that matured in September 2025, and that the rents are collected without any accounting to it.
Parties
Debtor
0973001 B.C. Ltd.
Receiver
D. Manning & Associates
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Beem Credit Union (formerly BlueShore Financial Credit Union) · in 4 casesFirst priority mortgage and assignment of rents dated September 15, 2020 (LTO nos. CA8445664, CA8445665); Beneficial Mortgage from 2167 Dundas; GSA registered in PPR under base registration 483867M over all personal property; indemnity from Christopher Robert Wall and Christopher Wall Inc. Original term loan advanced: $4,500,000 (original advance, not the balance). — Amount owed as of September 3, 2026, with interest accruing at 7.20% p.a. compounded semi-annually, per diem $785.12; excludes penalties, legal costs, bonuses and other costs of default. Loan matured September 23, 2025. Beem paid · as of 3 Sep 2026 | $4.2M | Notice of Application Receivership - FILED (H260844) |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
3 more claims in 2 classes The stack holds Secured and 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.
Documents4 filings
| Date | Document | File |
|---|---|---|
H-260844 Entered Order
| PDF · Subscribers | |
Affidavit #2 AFF of Lori Cooke - FILED (H260844)
| PDF · Subscribers | |
Notice of Application Receivership - FILED (H260844)
| PDF · Subscribers | |
| AV - Service List (35026-0113) (docx) Download | 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., “0973001 B.C. Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 25 October 2026, https://proceedings.ca/case/0973001-b-c-ltd