1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C Ltd

1385954 B.C. Ltd., Elykwood Forest Products Ltd. and 1337073 B.C. Ltd. have been in court-appointed receivership in the Supreme Court of British Columbia since February 18, 2025, under BIA s. 243 and provincial Judicature Act jurisdiction. The receiver's estimate of the property taken into receivership as at the appointment date was $5,000, stated in thousands of Canadian dollars, with equipment value to be determined and excluded from that figure. The debtors have not cooperated and have provided the receiver with no books and records. Itemized secured claims include Roynat Inc. at $6,993,919, Royal Bank of Canada at $3,300,000, Canacap at $73,773, the Township of Langley at $62,835 and 11302078 Canada Ltd. o/a Sheaves Capital at $41,700, against a stated secured total of $10,472,228 covering only the quantified amounts. Claims of De Lage Landen Financial Services Canada Inc., Bank of Nova Scotia - DLAC, Canadian Dealer Lease Services Inc., Efsa Capital Inc., On Deck Capital Canada, Inc. and five numbered B.C. companies remain to be determined. Among other creditors, the Canada Revenue Agency, the Ministry of Finance, WorkSafeBC, B.C. Hydro and FortisBC are listed at amounts to be determined; the Township of Langley's water claim is $1,827.74. The proceeding is active.