#Report
Court officer's report filed in the estate, fixing June 1, 2026 as the effective date of bankruptcy for the bankrupt's estate.
Canwest Tanks and Ecological Systems Ltd - Bankruptcy
FollowActive
- Proceeding
- BankruptcyBIA
- File
- 11-3321061
OverviewSummary updated
Canwest Tanks and Ecological Systems Ltd is the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia, court file 11-3321061. The effective date of bankruptcy for the estate is June 1, 2026, the date the proceeding commenced and the date recorded in a court officer's report filed in the estate. No further steps appear on the record.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
Canwest Tanks and Ecological Systems Ltd - Bankruptcy
Trustee in bankruptcy
MNP
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | 1574764 B.C. Ltd. ("764 B.C. Ltd.")Senior secured position over the Company's assets; indebtedness originally owing to The Toronto-Dominion Bank and First West Credit Union, assigned to 764 B.C. Ltd. during the NOI proceedings — Approximate figure ('totaled approximately $11.1 million'); approximately $2,182,975 satisfied through a credit bid under the AVO transaction, leaving a substantial deficiency balance; Trustee understands the secured indebtedness exceeds the realizable value of the Company's assets and secured creditor has not been repaid in full — debtor: Canwest Tanks & Ecological Systems Ltd. · as of 22 May 2026 | $11.1M | Trustee's Preliminary Report to Creditors |
RecoveriesAs stated in the filings
Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report to Creditors · 18 Jun 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report to Creditors · 18 Jun 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.
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents1 filing
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors
| 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., “Canwest Tanks and Ecological Systems Ltd - Bankruptcy” (Bankruptcy), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/canwest-tanks-and-ecological-systems-ltd-bankruptcy