Proceedings.

Blanshard Block Limited Partnership, Blanshard Block GP Inc., 1177269 B.C. LTD., 1177271 B.C. LTD. and 1177272 B.C. LTD.

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Proceeding
Receivership (court-appointed)subsection 243(1) of the Bankruptcy and Insolvency Act (Canada) and section 39 of the Law and Equity Act (British Columbia)
File
S-248768
Filings held3
Last activity19 Aug 2026
On the record279 days
Secured debtSubscribers
OverviewSummary updated

Blanshard Block Limited Partnership, Blanshard Block GP Inc., 1177269 B.C. LTD., 1177271 B.C. LTD. and 1177272 B.C. LTD. were placed in court-appointed receivership on Friday, January 30, 2026, the date the receivership order was pronounced. The proceeding rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act jurisdiction, and is carried under court file number S-248768. The receivership remains active. The appointment order is the only step recorded on the file to date; the record does not name the receiver, the applicant, or the court in which the proceeding was brought.

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Case updates3 dated entries
#Order

Placed all five Blanshard Block entities into court-appointed receivership, dated Friday, January 30, 2026, and commencing the proceeding under court file S-248768.

Source: Receivership Order

Case update

Blanshard Block: the Montrose Apartments and an $8.8 million offer

MNP Ltd., receiver of the partnership that bought three downtown Victoria lots in 2018 on a $10,000,000 Timbercreek facility to build some 68,000 square feet including a potential hotel, asks Justice Coval on August 25 to approve an $8,800,000 sale to Banff Investments Ltd. and to seal the two competing offers and Colliers' valuation.

Parties

Debtor

Blanshard Block Limited Partnership, Blanshard Block GP Inc., 1177269 B.C. LTD., 1177271 B.C. LTD. and 1177272 B.C. LTD.

Receiver

MNP

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
SecuredTimbercreek Mortgage Servicing Inc. and Computershare Trust Company of Canada (as bare trustee/agent/nominee for Timbercreek)Form B Mortgage and assignment of rents (principal $10,000,000, dated Nov 14, 2018, registered Nov 30, 2018); General Security Agreement; Beneficial Mortgages and Directions to Charge (271, 269, 272 Nominees); Assignment of insurance; Assignment of Material Contracts, Plans and Permits; Assignment of Construction Contracts, Plans and Permits — Amount stated 'plus accruing interest, fees, costs, and expenses' as at December 10, 2024; $10,000,000 is the facility/registered principal amount, not the balance; notice of default and demand for payment delivered June 25, 2024 — debtor: Blanshard Bloc · as of 10 Dec 2024$9.56MFirst Report of the Receiver
Secured

1 more claim in 1 class The stack holds Secured claims.

Every creditor and every amount, drawn to scale.

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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.

Documents3 filings
DateDocumentFile
First Report of the Receiver
  • Appointee MNP Ltd.
  • Appointee role receiver
  • Commencement date 30 January 2026
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Notice of Application August 19 2026
  • Applicant MNP Ltd.
  • Appointee MNP Ltd.
  • Appointee role receiver without security
  • Commencement date 30 January 2026
  • + 6 more extracted facts
PDF · Subscribers
Receivership Order
  • Applicant TIMBERCREEK MORTGAGE SERVICING INC. AND COMPUTERSHARE TRUST COMPANY OF CANADA, IN ITS CAPACITY AS BARE TRUSTEE FOR TIMBERCREEK MORTGAGE SERVICING INC.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Court file no S-248768
  • + 4 more extracted facts
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., “Blanshard Block Limited Partnership, Blanshard Block GP Inc., 1177269 B.C. LTD., 1177271 B.C. LTD. and 1177272 B.C. LTD.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/blanshard-block

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/blanshard-block

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.