Proceedings.

Donmar Properties Ltd. and 10058984 Manitoba Ltd.

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Proceeding
CCAATHE COMPANIES' CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED
Court
Court of King's Bench of Manitoba
File
CI 23-01-40369
Industry
Real estate · Residential development
Filings held35
Last activity19 Sep 2023
On the record1,297 days
OverviewSummary updated

Donmar Properties Ltd. and 10058984 Manitoba Ltd. remain under Companies' Creditors Arrangement Act protection in Manitoba, where an initial order was granted on April 18, 2023 in the Court of King's Bench under file CI 23-01-40369, with Ernst & Young Inc. appointed Monitor. The companies applied on their own behalf. The creditor list reports unsecured claims led by Steinbach Credit Union Ltd. at $12,776,000, Morcourt Properties Ltd. at $8,557,971 and Akman Construction Ltd. at $4,078,498, followed by MLT Aikins LLP at $50,832, Number Ten Architectural Group at $21,591 and Postma Consulting Ltd. at $7,000. Access Credit Union c/o Montrose Winnipeg Ltd., the Canada Revenue Agency and Manitoba Justice Civil Legal Services are listed without amounts. The proceedings are active.

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Case updates35 dated entries
#Report

The officer filed report no. Fourth Report. The Applicants' construction manager has vacated the site and its contract was disclaimed, so no construction is ongoing; the Applicants, with the Monitor, are focused on completing due diligence and a definitive sale agreement under the SISP while funding decommissioning and restructuring costs through further DIP advances.

Source: Fourth Report of the Monitor dated September 15, 2023

#Report

The officer filed report no. Second Report. Construction of the 14-storey rental project has been paused since early April 2023. The Applicants have no employees and are limited to site preservation and security and to running a two-phase sale and investment solicitation process, which is now moving to Phase Two with qualified bidders.

Source: Second Report of the Monitor dated June 20, 2023

#Report

The officer filed report no. First Report. The debtors have no employees; construction of the 14-storey rental project has ceased, and the focus is on site decommissioning, security and preservation while a sale and investment solicitation process (SISP) is launched.

Source: First Report of the Monitor dated April 24, 2023

#Report

The officer filed report no. Proposed Monitor's Report. The Applicants have no employees and construction of the 14-storey rental Project (about 36% complete) is to be paused. Costs are limited to site preservation while a dual-track sale and investment solicitation process is run under interim financing from Morcourt.

Source: Proposed Monitor's Report dated April 11, 2023

Parties

Debtor

Donmar Properties Ltd. and 10058984 Manitoba Ltd.

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice KroftCourt of King's Bench of Manitoba4 orders, Apr 2023 – Aug 20236 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorEYPitblado LLP18 Apr 2023Order · 18 Apr 2023
ApplicantDonmar Properties Ltd. and 10058984 Manitoba Ltd.MLT Aikins LLP19 Apr 2023Service list · 19 Apr 2023
CreditorAccess Credit UnionTaylor McCaffrey LLP19 Apr 2023Service list · 19 Apr 2023
CreditorAkman Construction LtdFillmore Riley LLP18 Apr 2023Order · 18 Apr 2023
CreditorBorder Group of Companies IncHill Sokalski Walsh Olson LLP26 May 2023Service list · 26 May 2023
CreditorBoyko Builders LtdAvs Law LLP26 May 2023Service list · 26 May 2023
CreditorDerksen Plumbing & Heating (1984) LtdTapper Cuddy LLP26 May 2023Service list · 26 May 2023
CreditorLafarge Canada IncThompson Dorfman Sweatman LLP26 May 2023Service list · 26 May 2023
CreditorPhoenix Crane & Erectors CoMarr Finlayson Pollock LLP26 May 2023Service list · 26 May 2023
CreditorSteinbach Credit UnionThompson Dorfman Sweatman LLP26 May 2023Service list · 26 May 2023
CreditorTroy Life & Fire Safety LtdMarr Finlayson Pollock LLP26 May 2023Service list · 26 May 2023
CreditorWescan Construction ServicesTaylor McCaffrey LLP21 Jun 2023Service list · 21 Jun 2023
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
Priority classCreditorAmountSource
UnsecuredSTEINBACH CREDIT UNION LTD.debtor: Donmar Properties Ltd. and 10058984 Manitoba Ltd.$12.8MCreditor List
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured
Unsecured

8 more claims in 1 class The stack holds Unsecured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

Marketed — The 120-unit mixed-use apartment project at 185 Donald Street and 300 St. Mary Avenue, Winnipeg is offered for sale on an unpriced basis, with the Seller seeking new financing, a partial interest equity investment, or a full sale.Sales Teaser · 28 Apr 2023

AdvisorsColliers Investment Team (Colliers International), Winnipeg (listing broker)Sales Teaser
Estate financialsReported figures — never derived
Total liabilities at filing

As at ·

Cumulative receipts

$687K

As at 20 Jun 2023Second Report of the Monitor dated June 20, 2023

Cumulative disbursements

As at

Cash on hand

As at

Professional fees

As at

3 more reported figures, and the total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
35 filings
DateDocumentFile
Motion Brief of the Applicants dated September 19, 2023PDF · Subscribers
Affidavit of G. Howard sworn September 18, 2023 - PART 1 (Pages 1-48)PDF · Subscribers
Affidavit of G. Howard sworn September 18, 2023 - PART 2 (Pages 49-96)PDF · Subscribers
Affidavit of G. Howard sworn September 18, 2023 - PART 3 (Pages 97-144)PDF · Subscribers
Notice of Motion dated September 18, 2023
  • Applicant DONMAR PROPERTIES LTD. AND 10058984 MANITOBA LTD.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 18 April 2023
  • + 5 more extracted facts
PDF · Subscribers
Fourth Report of the Monitor dated September 15, 2023
  • Operational summary The Applicants' construction manager has vacated the site and its contract was disclaimed, so no construction is ongoing; the Applicants, with the Monitor, are focused on completing due diligence and a definitive sale agreement under the SISP while funding decommissioning and restructuring costs through further DIP advances.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Motion returnable September 20, 2023
  • Counsel Fillmore Riley LLP
PDF · Subscribers
Service List as at August 19, 2023
  • Counsel TAYLOR McCAFFREY LLP
PDF · Subscribers
Donmar Service List as at August 4, 2023
  • Counsel Marr Finlayson Pollock LLP
  • Court Court of King's Bench of Manitoba
PDF · Subscribers
Court Order dated August 2, 2023
  • Counsel Pitblado LLP
  • Presiding officer Justice Kroft
PDF · Subscribers
Third Report of the Monitor dated July 25, 2023
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Notice of Motion returnable July 28, 2023
  • Counsel Marr Finlayson Pollock LLP
PDF · Subscribers
Service List as at July 21, 2023
  • Counsel TAYLOR McCAFFREY LLP
PDF · Subscribers
Court Order dated June 26, 2023
  • Presiding officer Justice Kroft
PDF · Subscribers
Notice of Motion returnbale June 23, 2023
  • Counsel Marr Finlayson Pollock LLP
PDF · Subscribers
Service List as at June 21, 2023
  • Counsel Hill Sokalski Walsh LLP
PDF · Subscribers
Affidavit of Gordon Howard sworn June 20, 2023PDF · Subscribers
Second Report of the Monitor dated June 20, 2023
  • Operational summary Construction of the 14-storey rental project has been paused since early April 2023. The Applicants have no employees and are limited to site preservation and security and to running a two-phase sale and investment solicitation process, which is now moving to Phase Two with qualified bidders.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Service List as at May 26, 2023
  • Counsel Thompson Dorfman Sweatman LLP
PDF · Subscribers
Amended and Restated Initial Order
  • Applicant Donmar Properties Ltd. and 10058984 Manitoba Ltd.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 18 April 2023
  • + 5 more extracted facts
PDF · Subscribers
Sales Teaser
  • Sale advisor Colliers Investment Team (Colliers International), Winnipeg (listing broker)
  • Sale outcome Marketed — The 120-unit mixed-use apartment project at 185 Donald Street and 300 St. Mary Avenue, Winnipeg is offered for sale on an unpriced basis, with the Seller seeking new financing, a partial interest equity investment, or a full sale.
  • Break fee · Stalking horse Subscribers
PDF · Subscribers
First Report of the Monitor dated April 24, 2023
  • Operational summary The debtors have no employees; construction of the 14-storey rental project has ceased, and the focus is on site decommissioning, security and preservation while a sale and investment solicitation process (SISP) is launched.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Creditor List
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Affidavit of G Howard sworn April 10, 2023 (Exhibits: Part 2)PDF · Subscribers
Affidavit of G Howard sworn April 10, 2023 (Exhibits: Part 3)PDF · Subscribers
Affidavit of G Howard sworn April 10, 2023 (Exhibits: Part 4)PDF · Subscribers
Affidavit of G Howard sworn April 10, 2023 (Exhibits: Part 5)PDF · Subscribers
Affidavit of G Howard sworn April 10, 2023 (Exhibits: Part 6)PDF · Subscribers
Affidavit of G Howard sworn on April 10, 2023 (Exhibits: Part 1)PDF · Subscribers
Notice of Application filed April 6, 2023PDF · Subscribers
Service List as at April 16, 2023
  • Counsel Pitblado LLP
PDF · Subscribers
Affidavit of G Howard sworn on April 10, 2023 (No Exhibits)PDF · Subscribers
Initial Order dated April 18, 2023
  • Applicant DONMAR PROPERTIES LTD. AND 10058984 MANITOBA LTD.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 18 April 2023
  • + 6 more extracted facts
PDF · Subscribers
Notice to Creditors
PDF · Subscribers
Proposed Monitor's Report dated April 11, 2023
  • Operational summary The Applicants have no employees and construction of the 14-storey rental Project (about 36% complete) is to be paused. Costs are limited to site preservation while a dual-track sale and investment solicitation process is run under interim financing from Morcourt.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
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., “Donmar Properties Ltd. and 10058984 Manitoba Ltd.” (CCAA), Court of King's Bench of Manitoba. Retrieved 4 November 2026, https://proceedings.ca/case/donmar-properties-ltd-and-10058984-manitoba-ltd

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Sources last checked · summary updated 21 August 2026 · Report a correction · Printed from proceedings.ca/case/donmar-properties-ltd-and-10058984-manitoba-ltd

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.