Arctic Canadian Diamond Company Ltd., and Burgundy Diamonds (Canada) Limited
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- S-263255
- Industry
- Mining · Gold, diamonds & precious metals
Arctic Canadian Diamond Company Ltd. and Burgundy Diamonds (Canada) Limited have been in court-appointed receivership since July 14, 2026, under s. 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority. The debtors' assets are stated at an estimated book value of $192,141,000, with inventory valued as at July 17, 2026 and the other listed assets as at June 30, 2026. Secured claims as at July 14, 2026 total $304,998,000, led by Canadian Enterprise Emergency Funding Corp at $188,011,000 and Alter Domus at $112,471,000, with Caterpillar Financial Services Limited at $4,516,000; contractors and consultants including Procon Mining & Tunnelling and Tetra Tech Canada hold registered liens in amounts still to be determined. Unsecured claims across more than 200 named creditors aggregate $86,704,427, the largest being the Government of Northwest Territories at $13,943,357 and Kete Whii Procon at $11,852,790.
Debtor
Arctic Canada Diamond Company Ltd., and Burgundy Diamonds (Canada) Limited
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Walker | Supreme Court of British Columbia | 2 orders, Jul 2026 | 31 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverPwC | Fasken Martineau DuMoulin LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| DebtorArctic Canada Diamond Company Ltd., and Burgundy Diamonds (Canada) Limited | Blake, Cassels & Graydon LLP · Torys LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorAlter Domus (US) LLC | MLT Aikins LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorAmynta Surety Solutions Canada | Chaitons LLP · Singleton Urquhart Reynolds Vogel LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorGovernment of the Northwest | Osler, Hoskin & Harcourt LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorMidwest Industrial Supply Inc | Aird & Berlis LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorPublic Service Alliance of Canada/ Union of Northern Workers | Nugent Law Office | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorTłı ch ǫ Government | Pape Salter Teillet LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| CreditorViking Fire Protection Inc | Miller Thomson LLP | 25 Aug 2026 | Service list · 25 Aug 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian Enterprise Emergency Funding CorpSecurity on property described in Notice — Amounts stated in CAD $ in 000's, scaled accordingly — debtor: Arctic Canadian Diamond Company Ltd. and Burgundy Diamonds (Canada) Ltd. · as of 14 Jul 2026 | $188M | Form 87 - Notice and Statement of Receiver |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
94 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 plans9 engagements · 2 firms — latest: Fasken Martineau DuMoulin LLP, 28 Apr – 15 Jul 2026, soughtAffidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026 · 20 Jul 2026
| Firm | Period | Hours | Fees | Rates | Source | ||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FTI Consulting Canada Inc.Monitorperiod 4 of 4 | to 12 Jul 2026 | 5 people | Affidavit #1 of Thomas Powell made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
5 people — FTI Consulting Canada Inc., to 12 Jul 2026 · 15 blurred figures
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| FTI Consulting Canada Inc.Monitorperiod 4 of 4 | 24 Apr – 12 Jul 2026Sought | 7 people | Affidavit #1 of Thomas Powell made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
7 people — FTI Consulting Canada Inc., 24 Apr – 12 Jul 2026 · 21 blurred figures
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| FTI Consulting Canada Inc.Monitorperiod 2 of 4 | to 30 Jun 2026 | 5 people | Affidavit #1 of Thomas Powell made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
5 people — FTI Consulting Canada Inc., to 30 Jun 2026 · 15 blurred figures
| |||||||||||||||||||||||||||||||||||||||||||||
| FTI Consulting Canada Inc.Monitorperiod 1 of 4 | to 31 May 2026 | 6 people | Affidavit #1 of Thomas Powell made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
6 people — FTI Consulting Canada Inc., to 31 May 2026 · 17 blurred figures
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| Fasken Martineau DuMoulin LLPCounsel to the monitorperiod 5 of 5 | to 15 Jul 2026 | 4 people | Affidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
4 people — Fasken Martineau DuMoulin LLP, to 15 Jul 2026 · 12 blurred figures
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| Fasken Martineau DuMoulin LLPCounsel to the monitorperiod 5 of 5 | 28 Apr – 15 Jul 2026Sought | 4 people | Affidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
4 people — Fasken Martineau DuMoulin LLP, 28 Apr – 15 Jul 2026 · 14 blurred figures
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| Fasken Martineau DuMoulin LLPCounsel to the monitorperiod 3 of 5 | to 2 Jul 2026 | 3 people | Affidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
3 people — Fasken Martineau DuMoulin LLP, to 2 Jul 2026 · 9 blurred figures
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| Fasken Martineau DuMoulin LLPCounsel to the monitorperiod 2 of 5 | to 31 May 2026 | 3 people | Affidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
3 people — Fasken Martineau DuMoulin LLP, to 31 May 2026 · 9 blurred figures
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| Fasken Martineau DuMoulin LLPCounsel to the monitorperiod 1 of 5 | to 30 Apr 2026 | 2 people | Affidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026 · 20 Jul 2026 | ||||||||||||||||||||||||||||||||||||||||||
2 people — Fasken Martineau DuMoulin LLP, to 30 Apr 2026 · 6 blurred figures
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145 blurred figures above
What each firm billed, and each person’s hours and rate — each as the filing states it, with its source.
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See all plansAs at ·
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 |
|---|---|---|
| Receivership FAQ | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Employee Support | PDF · Subscribers | |
Court Approving Fees of Monitor and Monitor's Counsel
| PDF · Subscribers | |
| Health & Dental Conversion - FollowMe Health and FlexCare | PDF · Subscribers | |
Form 87 - Notice and Statement of Receiver
| PDF · Subscribers | |
| NWT Health Benefit Programs | PDF · Subscribers | |
| Career, employment, and training supports - GNWT | PDF · Subscribers | |
Notice of Application filed July 21, 2026
| PDF · Subscribers | |
Affidavit #1 of Lisa Hiebert made July 20, 2026 filed July 21, 2026
| PDF · Subscribers | |
Affidavit #1 of Thomas Powell made July 20, 2026 filed July 21, 2026
| PDF · Subscribers | |
Receivership Order
| PDF · Subscribers | |
| Affidavit #1 of Robert Jenkins | PDF · Subscribers | |
| Notice of Application | 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., “Arctic Canadian Diamond Company Ltd., and Burgundy Diamonds (Canada) Limited” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/arctic-canada-diamond-company-ltd-and-burgundy-diamonds-canada-limited