Antler Creek Contracting Ltd. (Proposal)
Follow- Proceeding
- NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- No. S-257598
Antler Creek Contracting Ltd. filed a notice of intention to make a proposal under subsection 50.4(1) of the Bankruptcy and Insolvency Act on April 14, 2025 in British Columbia, under court file 11-3211525, with CROWE MACKAY & COMPANY LTD as Licensed Insolvency Trustee. The proceedings are secured by an Administration Charge of $150,000 over all assets, property and undertakings in favour of the Proposal Trustee, its counsel and the Company's counsel, ranking ahead of all other security other than claims under BIA ss. 14.06(7), 81.4(4) and 81.6(2). Interim financing from 5352 Investments Ltd. is secured by a priority charge over the Company's assets up to a principal amount of $800,000, ranking behind the Administration Charge. Both charges were continued by an order of October 10, 2025 under the CCAA. A Sale Transaction has been reported, with the cash purchase price tied to payment of all priority charges owed by the Company, including to the Canada Revenue Agency. The matter remains active.
The officer filed report no. Second Report of the Monitor. The Company continues ordinary-course logging operations (harvesting, road construction, hauling) and paying post-filing obligations while awaiting closing of the court-approved Sale Transaction, which the Purchaser has been unable to close on schedule because of financing delays; closing is now extended to December 12, 2025 and a stay extension to December 19, 2025 is sought.
The court granted a reverse vesting order in favour of 1556275 B.C. Ltd.
Source: Entered Approval and Reverse Vesting Order dated October 10, 2025
The officer filed report no. Sixth Report. The Company remains operational (logging in northern BC) during the NOI proceedings and paid post-filing obligations in the ordinary course. Following a SISP, the Proposal Trustee recommends approving a ~$9.0M reverse vesting order sale to related party 1556275 BC Ltd. and converting the proceedings to CCAA to give the purchaser time to close.
Source: Proposal Trustee's Sixth Report to Court dated October 9, 2025
The officer filed report no. Fifth Report. The Company is still operating its logging business from remote sites in northern BC; the sales and investment solicitation process (SISP) has drawn five bids, which the Proposal Trustee is assessing, and a final stay extension to October 14, 2025 is sought as the NOI's six-month maximum nears.
Source: Proposal Trustee's Fifth Report to Court dated September 29, 2025
The court approved a sale and investment solicitation process. A bid deadline of 2025-09-15.
Source: Entered Order August 13, 2025
The officer filed report no. Fourth Report. The Company continues to operate its logging business under NOI proceedings and is preparing a sale and investment solicitation process (SISP) after concluding a refinancing or traditional proposal is not viable given CRA's deemed trust claim; it is seeking a final stay extension to October 2, 2025.
Source: Proposal Trustee's Fourth Report to Court dated August 11, 2025
The officer filed report no. Third Report. The Company continues to operate its logging business. It has faced operational delays that slowed revenue collection (departed road-blaster, scale site closure, labour shortages, delayed grapple-yarder) and says these are now largely resolved. It is considering a possible proposal, informed by a liquidation analysis, and seeks a further stay extension to August 18, 2025.
Source: Proposal Trustee's Third Report to Court dated June 30, 2025
The officer filed report no. Second Report. The Company continues to operate its logging business under NOI protection, funded by interim financing. Revenue lagged forecast because of staffing and equipment delays, which management says are largely resolved. It is projected to have sufficient funds through the proposed stay extension to August 11, 2025.
Source: Proposal Trustee's Second Report to Court dated June 21, 2025
The officer filed report no. Supplemental Report to the Proposal Trustee's First Report. The Company is in a liquidity crisis and requires roughly $800,000 of interim financing to meet post-filing obligations, failing which a deemed bankruptcy is the likely result; its earlier Maynbridge financing fell through and a new 5352 facility is proposed.
Source: Supplemental Report to the Trustee's First Report to Court dated May 12, 2025
The officer filed report no. First Report. The Company is a logging contractor in northwest BC currently employing 37 full-time staff and continuing to operate under NOI protection, dependent on proposed interim financing to fund operations and restructuring.
Source: Proposal Trustee's First Report to Court dated May 6, 2025
Debtor
Antler Creek Contracting Ltd. (Proposal)
Proposal trustee
Crowe MacKay
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Weatherill | Supreme Court of British Columbia | 6 orders, Jul 2025 – Dec 2025 | 13 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeCrowe MacKay | McCarthy Tétrault LLP | 10 Oct 2025 | Service list · 10 Oct 2025 |
| ApplicantAntler Creek Contracting Ltd | Fasken Martineau DuMoulin LLP | 10 Oct 2025 | Service list · 10 Oct 2025 |
| Creditor5352 Investments Ltd. John Grieve, K.C | Lawson Lundell LLP | 10 Oct 2025 | Service list · 10 Oct 2025 |
| CreditorHMTK in right of Canada | Fasken Martineau DuMoulin LLP | 10 Oct 2025 | Service list · 10 Oct 2025 |
| CreditorInland Industries Ltd | Gehlen Dabbs Cash LLP | 19 Jun 2025 | Application · 19 Jun 2025 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (priority charges) · in 979 casesReport states the cash purchase price in the Sale Transaction is tied to payment of all priority charges owed by the Company, including to the CRA; no amount stated. Deemed-trust/priority class. — debtor: Antler Creek Contracting Ltd. | — | First Report of the Monitor dated October 23, 2025 |
| 4 | Secured | |||
| 4 | Secured |
2 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.
Every creditor and every amount.
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See all plans“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
2 transactions · 1 back-up bid · 1 closed — The Sale Transaction approved on October 10, 2025 has not yet closed; the Purchaser could not secure financing, closing was extended by addendum to December 12, 2025, and the Monitor supports a stay extension to December 19, 2025.Second Report of the Monitor dated December 2, 2025 · 2 Dec 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Auctioneer #1, whose net minimum guarantee proposal is the Backup Bid; end purchasers at auction would be unnamedall of the assets, by auction as agent/auctioneer · auction | Subscribers | Back-up bidoutside 8 Oct 2025 | Proposal Trustee's Sixth Report to Court dated… |
| 1556275 B.C. Ltd.all shares of Antler Creek Contracting Ltd. and the Shareholder Loan, and indirectly Antler Creek's assets (Approved Contracts, Equipment, Permits and Licenses, Warranties), excluding Excluded Assets, via reverse vesting · asset sale · ResidualCo: ResidualCo · agreement 18 Sep 2025 | Subscribers | Closed1 Dec 2025 | Proposal Trustee's Certificate dated December… |
As at ·
Cumulative receipts
$2.73M
As at 30 Jun 2025Proposal Trustee's Third Report to Court dated June 30, 2025
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Proposal Trustee's Certificate dated December 18, 2025
| PDF · Subscribers | |
Entered Order dated December 3, 2025
| PDF · Subscribers | |
Second Report of the Monitor dated December 2, 2025
| PDF · Subscribers | |
| Affidavit #3 of George Munson made December 1, 2025 | PDF · Subscribers | |
| Notice of Application dated December 1, 2025 | PDF · Subscribers | |
| Filed Affidavit #2 of Jordan Beaulieu made October 23, 2025 | PDF · Subscribers | |
First Report of the Monitor dated October 23, 2025
| PDF · Subscribers | |
| Affidavit #2 of George Munson made October 22, 2025 | PDF · Subscribers | |
| Notice of Application dated October 22, 2025 | PDF · Subscribers | |
Entered Approval and Reverse Vesting Order dated October 10, 2025
| PDF · Subscribers | |
Entered Order dated October 10, 2025
| PDF · Subscribers | |
Service List - Antler Creek Contracting (Oct. 10, 2025)
| PDF · Subscribers | |
Proposal Trustee's Sixth Report to Court dated October 9, 2025
| PDF · Subscribers | |
| Affidavit #1 George Munson dated October 8, 2025 | PDF · Subscribers | |
| Affidavit #1 Jordan Beaulieu dated October 8, 2025 | PDF · Subscribers | |
| Affidavit #5 of George Munson dated October 8, 2025 | PDF · Subscribers | |
| Notice of Application dated October 8, 2025 | PDF · Subscribers | |
Entered Order dated October 1, 2025
| PDF · Subscribers | |
Proposal Trustee's Fifth Report to Court dated September 29, 2025
| PDF · Subscribers | |
| Affidavit #4 of George Munson dated September 26, 2025 | PDF · Subscribers | |
Notice of Application dated September 26, 2025
| PDF · Subscribers | |
Entered Order August 13, 2025
| PDF · Subscribers | |
| Affidavit #3 of George Ian Thomas Munson dated August 11, 2025 | PDF · Subscribers | |
Proposal Trustee's Fourth Report to Court dated August 11, 2025
| PDF · Subscribers | |
| Notice of Application dated August 8, 2025 | PDF · Subscribers | |
Entered Order dated July 3, 2025
| PDF · Subscribers | |
| Affidavit #2 of George Ian Thomas Munson dated June 30, 2025 | PDF · Subscribers | |
| Notice of Application dated June 30, 2025 | PDF · Subscribers | |
Proposal Trustee's Third Report to Court dated June 30, 2025
| PDF · Subscribers | |
| Entered Order dated June 23, 2025 | PDF · Subscribers | |
Proposal Trustee's Second Report to Court dated June 21, 2025
| PDF · Subscribers | |
Notice of Application dated June 19, 2025
| PDF · Subscribers | |
| Affidavit #1 of Mishaal Gill made May 13, 2025 | PDF · Subscribers | |
| Entered Order dated May 13, 2025 | PDF · Subscribers | |
Supplemental Report to the Trustee's First Report to Court dated May 12, 2025
| PDF · Subscribers | |
Proposal Trustee's First Report to Court dated May 6, 2025
| PDF · Subscribers | |
| Notice of Application dated May 5, 2025 | PDF · Subscribers | |
| Affidavit #1 of George Munson | PDF · Subscribers | |
| Affidavit #1 of Kibben Jackson dated April 30, 2025 | PDF · Subscribers | |
Notice of Application dated April 30, 2025
| PDF · Subscribers | |
Creditor's Package
| PDF · Subscribers | |
Certificate of Filing
| 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., “Antler Creek Contracting Ltd. (Proposal)” (NOI), Supreme Court of British Columbia. Retrieved 25 October 2026, https://proceedings.ca/case/antler-creek-contracting-ltd-noi