CannGroup Development Corp.
Follow- Proceeding
- NOIBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended
- File
- 11-3145114
CannGroup Development Corp. has been in insolvency proceedings in British Columbia since February 22, 2025, with Crowe Mackay & Company Ltd, a licensed insolvency trustee, administering estate number 11-3145114 under paragraph 50.4(8)(b.1) of the Bankruptcy and Insolvency Act. The creditor listing filed with the notice of intention records Builders Capital Mortgage Corp. at $1,577,355.00 and Canada Revenue Agency claims of $1,352,188.14 in excise, $291,978.56 in GST and $279,402.89 in payroll source deductions. Allan Chabon is listed at $644,521.15 and Marlin Tobias, the signatory for the insolvent person, at $512,431.04. Pushor Mitchell LLP, in trust for Trugro Limited, is listed at $240,301.00 and 1233397 BC Ltd. at $213,000.00.
Crowe Mackay & Company Ltd reported as court officer, fixing February 22, 2025 as the date the company's insolvency proceedings took effect.
12 earlier updates, back to 24 October 2024 — subscribers.
Debtor
CannGroup Development Corp.
Proposal trustee
Crowe MacKay
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Milman | Supreme Court of British Columbia | 1 order, Nov 2024 | 15 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorCannGroup Development Corp. | Fasken Martineau DuMoulin LLP | 7 Feb 2025 | Service list · 7 Feb 2025 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Builders Capital Mortgage Corp.as of NOI filing date — Listed on unsecured creditor listing; no security stated in document — debtor: CannGroup Development Corp. | $1.58M | Creditors’ Package – Notice of Intention to Make a Proposal |
4 transactions · 3 not completed · 1 proposed — The sale of the Property has not yet closed; delay attributed to purchaser's funding issues, though Management believes the purchaser remains committed.Proposal Trustee’s Second Report to Court · 3 Jan 2025
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Purchaser under the contract of purchase and sale for the Property, unnamed in the excerpted textthe purchase and sale of the Property · real property | not stated | Proposed | Proposal Trustee’s First Report to Court |
| Brandt Rock Investments Corporationthe lands described in the Sale Agreement and identified in Schedule "B" hereto (the "Lands") · real property · agreement 5 Nov 2024 | not stated | Not completeddate not statedoutside 25 Nov 2024 | Proposal Trustee’s Second Report to Court |
| unnamed purchaser of the Property under the sale agreementits land and property (the "Property") · real property | Subscribers | Not completed | Material Adverse Change Report dated January 3,… |
| unnamedthe Property | not stated | Not completeddate not stated | Material Adverse Change Report dated January 3,… |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy
| PDF · Subscribers | |
Certificate of Appointment/Assignment
| PDF · Subscribers | |
Service List - Dated February 7, 2025
| PDF · Subscribers | |
| Order Made After Application dated January 7, 2025 – Second Extension & Interim Financing | PDF · Subscribers | |
| Affidavit #1 of N. Chetwynd | PDF · Subscribers | |
Material Adverse Change Report dated January 3, 2025
| PDF · Subscribers | |
Proposal Trustee’s Second Report to Court
| PDF · Subscribers | |
Order Made After Application dated November 18, 2024 - Sales Approval
| PDF · Subscribers | |
| Order Made After Application dated November 18, 2024 – Administrative Charge, Extension, and Transfer | PDF · Subscribers | |
| Affidavit #1 of M. Tobias | PDF · Subscribers | |
Notice of Application re: Sale Approval, Admin Charge, Extension & Transfer
| PDF · Subscribers | |
Proposal Trustee’s First Report to Court
| PDF · Subscribers | |
Creditors’ Package – Notice of Intention to Make a Proposal
| PDF · Subscribers | |
Certificate of Filing (Notice of Intention)
| PDF · Subscribers | |
| Notice of Application re: Second Extension & Interim Financing | 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., “CannGroup Development Corp.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/canngroup-development-corp