Charlie Bear Ventures Ltd. et al.
Follow- Proceeding
- Receivership (court-appointed)Section 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- File
- VLC-S-S-251691
Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc. and Clover Crossing Holdings Ltd. have been in court-appointed receivership in the Supreme Court of British Columbia since December 12, 2025, under court file VLC-S-S-251691. The Royal Bank of Canada applied for the order under s. 243(1) of the BIA and s. 39 of the Law and Equity Act, and a receiver was appointed over all of the debtors' assets, undertakings and property. The Receiver's list of creditors, compiled without audit as of December 29, 2025, records RBC's estimated claim at CAD 4,190,866.43 and a Canada Revenue Agency deemed-trust class claim at CAD 284,478.57. Nine further creditors, including Canadian Western Bank, WorkSafeBC, Matador Holdings Ltd. and five individuals, are each carried at CAD 1.00. The proceeding remains active.
The officer filed report no. Receiver's First Report to Court. Both liquor stores closed shortly after the receiver's appointment and ceased operations; the receiver secured the premises, maintained the liquor licences in dormancy status, and conducted a sale process to sell the remaining assets rather than continue operating the business.
3 earlier updates, back to 12 December 2025 — subscribers.
Debtor
Charlie Bear Ventures Ltd. et al.
Receiver
Doane Grant Thornton
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverDoane Grant Thornton | Borden Ladner Gervais LLP | 11 Jun 2026 | Service list · 11 Jun 2026 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Royal Bank of Canada · in 556 casesNot itemized in these pages; RBC is the plaintiff/applicant that obtained the receivership order under s.243(1) BIA and s.39 LEA, appointing the Receiver over all assets, undertakings and property of the Debtor — a remedy available only to a secured creditor — Estimated claim per Receiver's Exhibit A 'List of Creditors'; RBC's status as secured creditor is inferred from its role as applicant for the s.243(1) BIA receivership order (p.4), not from a security description in the exhibit itself — debtor: Charlie Bear Ventures Ltd., Fraser Heights Liquor Store Inc., and Clover Crossing Holdings Ltd · as of 29 Dec 2025 | $4.19M | Notice and Statement of the Receiver dated December 29, 2025 |
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 |
|---|---|---|
Service List dated June 11, 2026
| PDF · Subscribers | |
First Report to the Court filed April 14, 2026
| PDF · Subscribers | |
| Notice of Application filed April 14, 2026 | PDF · Subscribers | |
Notice and Statement of the Receiver dated December 29, 2025
| PDF · Subscribers | |
Receivership Order filed December 12, 2025
| PDF · Subscribers | |
| Affidavit #2 of David Phillips made on November 14, 2025 | 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., “Charlie Bear Ventures Ltd. et al.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/charlie-bear-ventures-ltd-et-al