Fraser Valley Renewables Ltd. et al.
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- S-255551
- Industry
- Energy · Power & utilities
Fraser Valley Renewables Ltd. and related debtors — Fraser Valley Agri Waste Solutions Ltd., Huntingdon, 131 and certain real property of Matthew Blair Grier Malkin — are in court-appointed receivership in the Supreme Court of British Columbia, file S-255551, commenced by an order made August 21, 2025 on a petition filed July 24, 2025 under section 243 of the BIA. The Receiver's Notice and Statement estimates assets of $12,998,000, a figure reflecting only three named real properties; cash, inventories and equipment remain to be determined, and no combined liabilities total is stated. The Bank of Nova Scotia is listed as secured for $16,500,000, followed by Caterpillar Financial Services Limited at $353,000, Meridian Onecap Credit Corp. at $236,000, Continental Paper Grading of Canada Inc. at $119,000 and Merchant Opportunities Fund Limited Partnership at $79,000. Other secured claims, including those of Business Development Bank of Canada and Wells Fargo Equipment Finance Company, are shown as TBD.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Third Report. The operating businesses are effectively wound down: the Bates Properties sale closed January 7, 2026, the two site employees were terminated, and FVR and FV AWS were assigned into bankruptcy. The Receiver's remaining focus is 30828 Burgess (the Malkin residence held by 131), where it is considering a refinancing and redemption by Mr. Malkin versus a listing and sale.
Source: Receiver's Third Report to Court, dated April 14, 2026
Confidential Supplement to the Receiver's Third Report to the Court dated April 14, 2026 — Court officer report
Fraser Valley Agri Waste Solutions Ltd - Certificate of Appointment — Court officer certificate
Fraser Valley Agri Waste Solutions Ltd - Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
Fraser Valley Agri Waste Solutions Ltd - Proof of Claim and Proxy — Proof of claim (blank form)
Fraser Valley Renewables Ltd - Notice of Bankruptcy and First Meeting of Creditors — Notice to creditors
Receiver's Certificate - Approval and Vesting Order 5133 Bates Road — Court officer certificate
Receiver's Certificate - Approval and Vesting Order 5205 Bates Road — Court officer certificate
Amounts Due to Fraser Valley Agri Waste Solutions Ltd. dated December 24, 2025 — List of creditors
The court granted an approval and vesting order for the sale to 1564985 B.C. Ltd. Closing terms, as extracted: Vacant possession to be delivered by January 31, 2026; Completion Date may be extended by up to 30 days by agreement of Receiver and Purchaser without further order. Sealed: Sale Agreement filed as appendix to Confidential Report and Second Confidential Report.
Source: Approval and Vesting Order for 5133 Bates Road dated December 19, 2025
The court granted an approval and vesting order for the sale to 1564985 B.C. Ltd. Closing terms, as extracted: Vacant possession delivery and completion date extension. Sealed: Sale Agreement.
Source: Approval and Vesting Order for 5205 Bates Road dated December 19, 2025
Approval of the Equipment Sale, Burgess Listing Protocol, Assignment into Bankruptcy and Adjournment dated December 30, 2025 was filed.
Confidential Supplement to the Receiver's Second Report to the Court, dated December 18, 2025 — Court officer report
The court appointed PricewaterhouseCoopers Inc. as Receiver. Court file S-255551.
Source: Amended and Restated Receivership Order, dated November 19, 2025
Notice of Receiver of Fraser Valley Renewable Ltd. et al. — Notice of receiver (s. 245 / Form 87)
The court appointed PricewaterhouseCoopers Inc. as receiver, on the application of THE BANK OF NOVA SCOTIA. Court file S-255551.
Petition filed in the Supreme Court of British Columbia, file S-255551, commencing the receivership over the Fraser Valley debtors and certain real property of Matthew Blair Grier Malkin.
Source: Petition to the Court
Debtor
Fraser Valley Renewables Ltd. et al.
Applicant
BNS
Receiver
PwC
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Fitzpatrick | Supreme Court of British Columbia | 10 orders, Aug 2025 – Apr 2026 | 60 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverPwC | Norton Rose Fulbright Canada LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| ApplicantBNS | Norton Rose Fulbright Canada LLP · Fasken Martineau DuMoulin LLP | 18 Dec 2025 | Service list · 5 Jan 2026 |
| DebtorFraser Valley Renewables Ltd. et al. | Bridgehouse Law LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| CreditorAce Tank Services Inc | Badh Rejminiak LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| CreditorBrenmark Holdings Ltd./ Matway Farms Ltd | Dentons Canada LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| CreditorCornerstone Renewables Inc | Morris & Shannon LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| CreditorMINISTRY OF THE ATTORNEY GENERAL (B.C.) Legal Services Branch, Ministry of Attorney General | Torkin Manes LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| CreditorRidge Valley Farms | Kuhn LLP | 5 Jan 2026 | Service list · 5 Jan 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | The Bank of Nova Scotia · in 115 casesSecurity over property of the Debtors as described in receivership order — Table stated in $CAD 000's; converted to actual dollars. — debtor: the Debtors (FV Renewables, FV Waste, Huntingdon, 131, and certain real property of M. Malkin) | $16.5M | Notice of Receiver of Fraser Valley Renewable Ltd. et al. |
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured | |||
| 4 | Secured |
125 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans11 transactions · 4 closed · 3 not completed · 2 proposed · 2 approved — Refinancing/redemption of 30828 Burgess without a listing or marketing processConfidential Supplement to the Receiver's Third Report to the Court… · 14 Apr 2026
| Purchaser | Price | Status | Source |
|---|---|---|---|
| Hardev Bal5205 Bates and 5133 Bates · real property | Subscribers | Proposed | Second Confidential Supplement to the… |
| Offer #3, unnamed party interested in 5205 Bates alone5205 Bates · real property | Subscribers | Not completed | Second Confidential Supplement to the… |
| Offer #4, unnamed party interested in 5205 Bates alone5205 Bates · real property | Subscribers | Not completed | Second Confidential Supplement to the… |
| Offer #5, unnamed party interested in both Bates Properties5205 Bates and 5133 Bates together · real property | Subscribers | Not completed | Second Confidential Supplement to the… |
| 1564985 B.C. Ltd.5205 Bates Road, Abbotsford, BC, V4X 1W3 · real property · agreement 1 Dec 2025 | Subscribers | Closeddate not stated | Receiver's Certificate - Approval and Vesting… |
| 1564985 B.C. Ltd.5133 Bates Road, Abbotsford, BC, V4X 1W3, and the assets described in the Sale Agreement (the 'Purchased Assets') · real property · agreement 1 Dec 2025 | Subscribers | Approved19 Dec 2025 | Approval and Vesting Order for 5133 Bates Road… |
| Bates Valley Holdings Ltd.the assets listed in Schedule "B" hereto · asset sale | Subscribers | Approved19 Dec 2025 | Approval of the Equipment Sale, Burgess Listing… |
| unnamedthe Transaction | not stated | Closeddate not stated | Receiver's Certificate filed April 24, 2026 |
| 1315390 B.C. Ltd.the property of 131, which includes 30828 Burgess and all personal property of 131 (the '131 Property') · real property | Sealed | Proposed | Receiver's Third Report to Court, dated April… |
| Mr. Malkinvarious pieces of equipment remaining at the Bates Properties · asset sale | not stated | Closed7 Jan 2026 | Receiver's Third Report to Court, dated April… |
| Successful Purchaser of the Bates Properties, unnamed individualthe Bates Properties · real property | Subscribers | Closed | Receiver's Third Report to Court, dated April… |
Unsecured creditors: no recovery.EstimatedReceiver's Third Report to Court · 14 Apr 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no recovery | Estimatedper the receiver | Receiver's Third Report to Court · 14 Apr 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.
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Receiver's Certificate filed April 24, 2026
| PDF · Subscribers | |
| Order dated April 15, 2026 | PDF · Subscribers | |
Sealing Order dated April 15, 2026
| PDF · Subscribers | |
Confidential Supplement to the Receiver's Third Report to the Court dated April 14, 2026
| PDF · Subscribers | |
| Notice of Application of PWC, dated April 14, 2026 | PDF · Subscribers | |
Receiver's Third Report to Court, dated April 14, 2026
| PDF · Subscribers | |
| Notice of Application, dated April 13, 2026 | PDF · Subscribers | |
FV AWS - Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
FVR - Trustee's Preliminary Report to Creditors
| PDF · Subscribers | |
Justice Fitzpatrick reasons for judgment dated February 11, 2026
| PDF · Subscribers | |
| Fraser Valley Agri Waste Solutions Ltd - Certificate of Appointment | PDF · Subscribers | |
| Fraser Valley Agri Waste Solutions Ltd - Notice of Bankruptcy and First Meeting of Creditors | PDF · Subscribers | |
| Fraser Valley Agri Waste Solutions Ltd - Proof of Claim and Proxy | PDF · Subscribers | |
| Fraser Valley Agri Waste Solutions Ltd - Statement of Affairs | PDF · Subscribers | |
| Fraser Valley Renewables Ltd - Certificate of Appointment | PDF · Subscribers | |
| Fraser Valley Renewables Ltd - Notice of Bankruptcy and First Meeting of Creditors | PDF · Subscribers | |
| Fraser Valley Renewables Ltd - Proof of Claim and Proxy | PDF · Subscribers | |
| Fraser Valley Renewables Ltd - Statement of Affairs | PDF · Subscribers | |
Receiver's Certificate - Approval and Vesting Order 5133 Bates Road
| PDF · Subscribers | |
Receiver's Certificate - Approval and Vesting Order 5205 Bates Road
| PDF · Subscribers | |
| Amended Notice of Appeal, dated January 5, 2026 | PDF · Subscribers | |
Service list
| PDF · Subscribers | |
Approval of the Equipment Sale, Burgess Listing Protocol, Assignment into Bankruptcy and Adjournment dated December 30, 2025
| PDF · Subscribers | |
Amended and Restated Receivership Order dated December 24, 2025
| PDF · Subscribers | |
| Amounts Due to Fraser Valley Agri Waste Solutions Ltd. dated December 24, 2025 | PDF · Subscribers | |
Approval and Vesting Order for 5133 Bates Road dated December 19, 2025
| PDF · Subscribers | |
Approval and Vesting Order for 5205 Bates Road dated December 19, 2025
| PDF · Subscribers | |
Sealing Order - Second Confidential Supplement dated December 19, 2025
| PDF · Subscribers | |
Second Confidential Supplement to the Receiver's Second Report to the Court, dated December 19, 2025
| PDF · Subscribers | |
| Confidential Supplement to the Receiver's Second Report to the Court, dated December 18, 2025 | PDF · Subscribers | |
Sealing Order - First Confidential Supplement dated December 18, 2025
| PDF · Subscribers | |
| Application Record Cover and Index | PDF · Subscribers | |
| Affidavit #3 of Matthew Malkin | PDF · Subscribers | |
| Application Response, dated December 16, 2025 | PDF · Subscribers | |
| Notice of Application, dated December 13, 2025 | PDF · Subscribers | |
| Receiver's Second Report to Court, dated December 13, 2025 | PDF · Subscribers | |
Amended and Restated Receivership Order, dated November 19, 2025
| PDF · Subscribers | |
| Affidavit #2 of Matthew Malkin | PDF · Subscribers | |
| Notice of Application, dated November 12, 2025 | PDF · Subscribers | |
| Receiver's First Report to Court, dated November 12, 2025 | PDF · Subscribers | |
Notice of Receiver of Fraser Valley Renewable Ltd. et al.
| PDF · Subscribers | |
Receivership Order dated August 21, 2025
| PDF · Subscribers | |
| Affidavit #1 of Olivia Friesen | PDF · Subscribers | |
| Affidavit #2 of Jordan Beaulieu | PDF · Subscribers | |
| Affidavit #1 of Matthew Malkin | PDF · Subscribers | |
Petition of the Respondents
| PDF · Subscribers | |
| Affidavit #1 of Heidi Esslinger | PDF · Subscribers | |
| Affidavit #1 of Kirandeep Dhillon | PDF · Subscribers | |
Petition to the Court
| PDF · Subscribers | |
| Affidavit #1 of Jordan Beaulieu | PDF · Subscribers | |
| Affidavit of Gabriella Demmings | 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., “Fraser Valley Renewables Ltd. et al.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 5 November 2026, https://proceedings.ca/case/fraser-valley-renewables-ltd-et-al