Cedar Village Holdings Inc.
FollowActive
- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- S233120
Filings held22
Last activity23 May 2025
On the record1,015 days
Secured debt$8.43M
OverviewSummary updated
Cedar Village Holdings Inc. is subject to insolvency proceedings before the Supreme Court of British Columbia, Court File No. S23-3120 (VIC-S-S-233120). Coastal Community Credit Union's application, filed September 27, 2023, sought the appointment of Grant Thornton Limited as Receiver and Manager over the company's property, 18 uncompleted strata units at 4253 Dieppe Rd, Victoria, BC, with an estimated book value of $14,800,000. Coastal Community Credit Union held a secured claim of $8,426,409.17 as at September 20, 2023, plus interest and costs thereafter.
Proceedings AIAsk this case — answers cite the filings
Case updates22 dated entries
#Filing
Notice of Application of the Receiver dated May 15, 2025 — Application / notice of application
#Report
The officer filed report no. Third Report. Construction of the four buildings at the Paragon Parc project is substantially complete with all occupancy permits issued, and the Receiver continues to market and sell remaining strata units while completing outstanding landscaping and resolving lien claims.
#Filing
Application Response of Vlado Marcinkovic dated July 23, 2024 — Application / notice of application
#Filing
Notice of Application of Receivership filed July 12, 2024 — Application / notice of application
#Filing
Notice of Application of Receivership filed December 11, 2023 was filed. Court file S233120.
Source: Notice of Application of Receivership filed December 11, 2023
#Filing
Form 87: Notice of Statement of the Receiver dated October 30, 2023 — Notice of receiver (s. 245 / Form 87)
#Filing
A further application in the matter was filed on September 29, 2023, before the Supreme Court of British Columbia.
Source: Notice of Application of Receivership filed September 29, 2023
#Filing
Coastal Community Credit Union filed its application seeking the appointment of a receiver and manager over Cedar Village Holdings Inc.'s property.
Parties
Debtor
Cedar Village Holdings Inc.
Receiver
Doane Grant Thornton
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Coastal Community Credit Union · in 2 casesSecurity on the Property (4253 Dieppe Rd, Victoria BC) — Amount stated as at September 20, 2023 plus interest thereafter and costs — debtor: Cedar Village Holdings Inc. · as of 20 Sep 2023 | $8.43M | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | BC Hydro · in 71 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | BMP ConstructionPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Cedarhill Handyman CompanyPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | CanPro Deck and RailPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Accent Garage DoorsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | AES Engineering Ltd. · in 2 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Capital City Paving · in 2 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Stinson's ExteriorsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Summit IrrigationPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Tech CanadaPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | TRT Contrating Inc.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Van Isle ContainersPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Vancouver Island Gutters Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | VGI Gutters Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Victoria Concrete SurfacesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | West Coast Pre-FinishPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Westbrook Consulting Ltd. · in 2 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Western DrywallPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Zone Stone Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Canada Revenue Agency · in 926 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Ministry of Finance · in 107 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | City of Victoria · in 4 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Tanya CrawfordPlaceholder estimated claim amount of $1.00; individual creditor — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Marlisa HollandsPlaceholder estimated claim amount of $1.00; individual creditor — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | City Pumping Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | DHK ArchitectsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Fastener Force One · in 2 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Fortis BC · in 29 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | GFL ToiletsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Golden Rule RoofingPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Goldstream RockPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Gye & AssociatesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Hazpro Enviromental Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Heidelberg MaterialsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Home Lumber & BuildingPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Hourigans CarpetsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | HSM InsurancePlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Island Asphalt CompanyPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Island Life Developments inc.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Island View NurseryPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | J Lee Diamond Drilling Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Kodiak Cabinetry Inc.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Lombard Pre Cast IncPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Maple Glass & ClosetsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Matrix PaintingPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Mech Tech CanadaPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Menard Plumbing & HeatingPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Murdoch de GreeffPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Raven Metal Products Ltd.Placeholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | RJC Engineers · in 2 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Rona Inc · in 5 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Ruffell & BrownPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Ryzuk Geotechnical · in 4 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Slegg Building MaterialsPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Starline Windows · in 2 casesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
| 8 | Unsecured | Coast AppliancesPlaceholder estimated claim amount of $1.00 — debtor: Cedar Village Holdings Inc. | $1 | Form 87: Notice of Statement of the Receiver dated October 30, 2023 |
Estate financialsReported figures — never derived
Total assets at filing$14.8M
per Estimated book value of the Property as stated by receiver · Debtor's Property (18 uncompleted units of strata development at 4253 Dieppe Rd, Victoria BC) only — Only the estimated book value of the receivership Property is stated; no total liabilities figure given
Cash on hand
$1.24M
As at 13 May 2025Third Report to the Court dated May 13, 2025
Professional fees to date
$359K
As at 13 May 2025Third Report to the Court dated May 13, 2025
Documents
22 filings
| Date | Document | File |
|---|---|---|
| Application Response dated May 23, 2025 | ||
| Application Response of Titan GMS dated May 20, 2025 | ||
| Notice of Application of the Receiver dated May 15, 2025 | ||
| Affidavit #2 of Daniel H. Coles dated May 13, 2025 | ||
Third Report to the Court dated May 13, 2025
| ||
| Affidavit #1 of Neil Honess dated May 9, 2025 | ||
| Affidavit #1 of Lin Jacques dated May 6, 2025 | ||
| Disclosure Statement dated August 27, 2024 | ||
| Application Response of Vlado Marcinkovic dated July 23, 2024 | ||
| Notice of Application of Receivership filed July 12, 2024 | ||
Second Report to the Court dated July 10, 2024
| ||
| Affidavit #1 of Daniel H. Coles dated July 5, 2024 | ||
| Affidavit #1 of Mark Wentzell dated July 4, 2024 | ||
Notice of Application of Receivership filed December 11, 2023
| ||
| First Report to the Court dated December 9, 2023 | ||
Form 87: Notice of Statement of the Receiver dated October 30, 2023
| ||
| Affidavit #1 of Marty Eakins sworn October 4, 2023 | ||
Notice of Application of Receivership filed September 29, 2023
| ||
| Affidavit #2 of Linda Alexander sworn September 28, 2023 | ||
| Affidavit#1 of Ken Watson sworn September 27, 2023 (without exhibits) | ||
Petition to the Court filed September 27, 2023
| ||
| Affidavit #1 of Linda Alexander sworn September 26, 2023 (without exhibits) | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Cedar Village Holdings Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/cedar-village-holdings-inc