Blanshard Block Limited Partnership, Blanshard Block GP Inc., 1177269 B.C. LTD., 1177271 B.C. LTD. and 1177272 B.C. LTD.
Follow- 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
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.
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.
Debtor
Blanshard Block Limited Partnership, Blanshard Block GP Inc., 1177269 B.C. LTD., 1177271 B.C. LTD. and 1177272 B.C. LTD.
Receiver
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Timbercreek 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 | $9.56M | First Report of the Receiver |
| Secured | City of Victoria · in 4 casesStatutory lien for unpaid municipal property taxes — Approximate amount including accrued penalties and fees; ranks in priority to the Petitioner's registered security in respect of receipts within the estate (priority claim, not ordinary secured debt); to be paid on closing — debtor: Blanshard Block Limited Partnership and related Debtors · as of 30 Jan 2026 | $389K | First Report of the Receiver |
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.
| Date | Document | File |
|---|---|---|
First Report of the Receiver
| ||
Notice of Application August 19 2026
| ||
Receivership Order
| ||
Filing titles, dates, and extracted key facts are public.
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 20 September 2026, https://proceedings.ca/case/blanshard-block