Proceedings.

Bastian Holdings Ltd., Krystle Holdings Ltd., Whitewater Steelers Reinforcing Ltd., Skaw Properties Ltd., 207 – 53 West Hastings Holdings Ltd., 27222 Lougheed Highway Holdings Ltd., 1226745 B.C. Ltd., and 1226734 B.C. Ltd.

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Active
Proceeding
Receivership (court-appointed)Section 39 of the Law and Equity Act, RSBC 1996 c 253
File
VLC-S-S-265911
Filings held20
Last activity31 Aug 2026
On the record45 days
Secured debt$269K
OverviewSummary updated

Bastian Holdings Ltd. is one of eight related companies subject to an active court-appointed receivership under section 39 of the Law and Equity Act, RSBC 1996 c 253, together with Krystle Holdings Ltd., Whitewater Steelers Reinforcing Ltd., Skaw Properties Ltd., 207 – 53 West Hastings Holdings Ltd., 27222 Lougheed Highway Holdings Ltd., 1226745 B.C. Ltd. and 1226734 B.C. Ltd. BDO Canada Limited is both applicant and appointee, acting as receiver and manager, under court file no. VLC-S-S-265911. A Form 87 filed for 207 – 53 West Hastings Holdings Ltd. lists secured claims of $269,000 owing to First West Credit Union, $1,275 to the City of Vancouver, and $1.00 to Beckingham Holdings Inc., the last shown as "Unknown" in the body of the form. Seven unsecured creditors of that company, including the Canada Revenue Agency, BC Hydro, Fortis BC, Telus and the Ministry of Finance, are each carried at an estimated $1.00.

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Case updates20 dated entries

Filing brief

Bastian Holdings: the trustee holds the shares, and now the companies

BDO Canada Limited, trustee in the personal bankruptcies of Craig and Kyle Smith of the former Whitewater Concrete group, had itself appointed receiver of eight of their holding and property companies under s. 39 of the Law and Equity Act on August 26, with a first-ranking charge and $500,000 of borrowing power, while the court-ordered sale of a Maple Ridge waterfront plant listed at $25,999,000, which BDC argued the receivership could complicate, stays with its mortgagees.

Parties

Debtor

Bastian Holdings Ltd., Krystle Holdings Ltd., Whitewater Steelers Reinforcing Ltd., Skaw Properties Ltd., 207 – 53 West Hastings Holdings Ltd., 27222 Lougheed Highway Holdings Ltd., 1226745 B.C. Ltd., and 1226734 B.C. Ltd.

Receiver

BDO

Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
4SecuredFirst West Credit Union · in 4 casesEstimated balance owing per Appendix A — debtor: 207 – 53 West Hastings Holdings Ltd.$269KForm 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
4SecuredCity of Vancouver · in 17 casesEstimated balance owing per Appendix A — debtor: 207 – 53 West Hastings Holdings Ltd.$1.27KForm 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
4SecuredBeckingham Holdings Inc.Listed as 'Unknown' in body of Form 87 (page 1) but stated as $1.00 estimated balance owing in Appendix A — debtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredMinistry of Finance · in 107 casesdebtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredBayside Property Services Ltd (Candace Turner)debtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredBC Hydro · in 71 casesdebtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredCanada Revenue Agency · in 926 casesdebtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredFortis BC · in 29 casesdebtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredRogers Communications Canada (Shaw) · in 5 casesdebtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
8UnsecuredTelus · in 115 casesdebtor: 207 – 53 West Hastings Holdings Ltd.$1Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.

This 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.

Sale processAs stated in the filings

Sale process approvedMortgaged Property to be offered for sale by private sale, with conduct of sale to the Petitioners, any sale subject to court approvalConduct of Sale (Filed May 28, 2026) · 28 May 2026

RecoveriesAs stated in the filings

Unsecured creditors: paid in full.EstimatedPetition to the Court (filed August 7, 2026) · 7 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredcreditors of the Lougheed Propertypaid in fullEstimatedper the trusteePetition to the Court (filed August 7, 2026) · 7 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.

Documents
20 filings
DateDocumentFile
Form 87 – Notice and Statement of the Receiver – 1226745 B.C. Ltd.
  • Secured creditors $1 · Note: Form 87 states amount as 'Unknown'; Appendix A lists estimated balance owing as nominal $1.00 placeholder · Page: 3 · Debtor: 1226745 B.C. Ltd. · Creditor: Province of British Columbia's Surveyor of Taxes Office
  • Unsecured creditors $1 · Note: Nominal $1.00 placeholder figure · Page: 3 · Basis: Estimated balance owing per Appendix A listing of creditors · Debtor: 1226745 B.C. Ltd. · Creditor: Fortis BC
PDF
Form 87 – Notice and Statement of the Receiver – Bastian Holdings Ltd.PDF
Form 87 – Notice and Statement of the Receiver – Krystle Holdings LtdPDF
Form 87 – Notice and Statement of the Receiver – Skaw Properties Ltd.PDF
Form 87 – Notice and Statement of the Receiver – Whitewater Steelers Reinforcing Ltd.PDF
Form 87 – Notice and Statement of the Receiver –1226734 B.C. Ltd.PDF
Form 87 – Notice and Statement of the Receiver –207 – 53 West Hastings Holdings Ltd.
  • Secured creditors $1 · Note: Listed as 'Unknown' in body of Form 87 (page 1) but stated as $1.00 estimated balance owing in Appendix A · Page: 3 · Debtor: 207 – 53 West Hastings Holdings Ltd. · Creditor: Beckingham Holdings Inc.
  • Unsecured creditors $1 · Page: 3 · Basis: Estimated balance owing per Appendix A · Debtor: 207 – 53 West Hastings Holdings Ltd. · Creditor: Canada Revenue Agency
PDF
Form 87 – Notice and Statement of the Receiver –27222 Lougheed Highway Holdings Ltd.PDF
Receivership Order (August 26, 2026)
  • Applicant BDO Canada Limited
  • Appointee BDO Canada Limited
  • Appointee role receiver and manager
  • Court file no VLC-S-S-265911
  • + 2 more extracted facts
PDF
Affidavit #1 of Valerie Lock filed August 24, 2026PDF
Response to Petition of BDC (Filed August 24, 2026)PDF
Affidavit #1 of Todd Scarlett filed August 21, 2026PDF
Response to Petition of Barry Charles Holding Ltd. (Filed August 21, 2026)PDF
Notice of Hearing (filed August 12, 2026)PDF
Foreclosure Action (Filed August 8, 2026)PDF
First Report of the Receiver (filed August 7, 2026)
  • Appointee BDO Canada Limited
  • Appointee role equitable receiver
  • Court file no S-265911
PDF
Petition to the Court (filed August 7, 2026)
  • Applicant BDO CANADA LIMITED, in its capacity as the Trustee of the Bankruptcy Estates of CRAIG ALLEN SMITH and ROBERT KYLE SMITH
  • Appointee BDO
  • Appointee role receiver and manager
  • Commencement date 7 August 2026
  • + 4 more extracted facts
PDF
Conduct of Sale (Filed May 28, 2026)
  • Order date 28 May 2026
  • Sale outcome Sale process approved — Mortgaged Property to be offered for sale by private sale, with conduct of sale to the Petitioners, any sale subject to court approval
PDF
Order Nisi (Filed May 28, 2026)PDF
Affidavit #1 of Alan Long filed August 8, 2025PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Bastian Holdings Ltd., Krystle Holdings Ltd., Whitewater Steelers Reinforcing Ltd., Skaw Properties Ltd., 207 – 53 West Hastings Holdings Ltd., 27222 Lougheed Highway Holdings Ltd., 1226745 B.C. Ltd., and 1226734 B.C. Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/bastian-holdings-ltd-krystle-holdings-ltd-whitewater-steelers-reinforcing-ltd-sk

Sources last checked · summary updated 10 September 2026 · Report a correction · Printed from proceedings.ca/case/bastian-holdings-ltd-krystle-holdings-ltd-whitewater-steelers-reinforcing-ltd-sk

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.