Proceedings.

Klondike Contracting Corporation and FBS Fairview Builder Services

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Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
S-235790
Filings held4
Last activity22 Oct 2024
On the record1,124 days
OverviewSummary updated

Klondike Contracting Corporation and FBS Fairview Builder Services Incorporated have been under the receivership and management of MNP Ltd. since August 24, 2023, when the Supreme Court of British Columbia appointed the firm on the application of The Toronto-Dominion Bank under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act, in court file S-235790. The receivership remains active. The Canada Revenue Agency has filed proofs of claim asserting deemed trust amounts of $125,548.06 against Klondike and $120,579.22 against FBS, with unsecured portions of $115,299.14 and $73,220.93 respectively, all as at the date of the Receivership Order. Service Canada's WEPPA claims, ranking ahead of registered security over current assets, total $49,468 for twenty-eight Klondike employees and $24,761 for thirteen FBS employees. The Receiver anticipates roughly $7,500 owing to the British Columbia Ministry of Finance for unremitted PST.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

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Case updates4 dated entries
#Order

Receivership order made over both Klondike Contracting Corporation and FBS Fairview Builder Services, commencing the proceeding in the Supreme Court of British Columbia under file S-235790.

Source: Receivership Order

Parties

Debtor

Klondike Contracting Corporation and FBS Fairview Builder Services

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice CovalSupreme Court of British Columbia1 order, Oct 202412 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverMNPDla Piper LLP22 Oct 2024Order · 22 Oct 2024
Capital structureAs asserted in the filings
stated amounts, drawn to scale
#Priority classCreditorAmountSource
6Landlord preferredService Canada (WEPPA - KCC employees) · in 62 casesPreferred - super-priority ranking ahead of registered security interests over current assets; twenty-eight KCC employees — debtor: Klondike Contracting Corporation$49.5KReceiver's First Report to Court
6Landlord preferredService Canada (WEPPA - FBS employees) · in 62 casesPreferred - super-priority ranking ahead of registered security interests over current assets; thirteen FBS employees — debtor: FBS Fairview Builder Services Incorporated$24.8KReceiver's First Report to Court
8UnsecuredCRA - Klondike Contracting Corporationas of Receivership Order date — Deemed trust portion, all payroll source deductions (GST portion nil in deemed trust column) — debtor: Klondike Contracting Corporation$126KReceiver's First Report to Court
8UnsecuredCRA - FBS Fairview Builder Services Incorporatedas of Receivership Order date — Deemed trust portion ($120,579.22 = payroll source deductions $112,683.57 + GST $7,895.65); ordinary unsecured portion of CRA claim reported separately — debtor: FBS Fairview Builder Services Incorporated$121KReceiver's First Report to Court
8UnsecuredCRA - Klondike Contracting Corporationas of Receivership Order date — Unsecured portion ($115,299.14 = payroll source deductions $62,161.63 + GST $53,137.51); deemed trust portion reported separately — debtor: Klondike Contracting Corporation$115KReceiver's First Report to Court
8UnsecuredCRA - FBS Fairview Builder Services Incorporatedas of Receivership Order date — Unsecured portion ($73,220.93 = payroll source deductions $72,546.44 + GST $674.49); deemed trust portion reported separately — debtor: FBS Fairview Builder Services Incorporated$73.2KReceiver's First Report to Court
8UnsecuredBritish Columbia Ministry of Finance (PST) · in 7 casesBC Ministry of Finance had not yet submitted a claim for unremitted PST; Receiver anticipates approximately $7,500 owing based on books and records review — debtor: Klondike Contracting Corporation / FBS Fairview Builder Services Incorporated$7.5KReceiver's First Report to Court

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.

Fees and ratesAs stated in the filings

3 engagements · 3 firmslatest: MNP Ltd., 1 Mar – 30 Aug 2024, $181,275.10Receiver's First Report to Court · 8 Oct 2024

FirmPeriodHoursFeesRatesSource
(firm not named)capacity not statedfirm not named in the heading123.15$59,006.54incl. GST$214 – $5806 peopleReceiver's First Report to Court · 8 Oct 2024
6 people(firm not named),
NameTitleHoursRateFees
Greg IbbottSenior Vice President36.1$580$20,938.00
Seamus BoyleVice President48.55$450$21,847.50
Elizabeth ChenSenior Consultant2.2$391$860.20
Michael TianSenior Consultant35.2$349$12,284.80
Julia NoortSenior Administrative Assistant0.6$225$135.00
Winnie PengSenior Administrative Assistant0.5$214$131.20
DLA Piper (Canada) LLPCounselto 29 Feb 2024$2,620.00ex. taxnot statedReceiver's First Report to Court · 8 Oct 2024
MNP Ltd.Receiver1 Mar – 30 Aug 2024411.45$181,275.10total$197 – $6067 peopleReceiver's First Report to Court · 8 Oct 2024
7 peopleMNP Ltd., 1 Mar – 30 Aug 2024
NameTitleHoursRateFees
Greg IbbottTrustee/Partner81.2$606$49,176.00
Seamus BoyleTrustee/Senior Manager178$450$80,100.00
Elizabeth ChenAccountant8.7$399$3,473.20
Michael TianSupport Staff126.6$356$45,057.90
Sameer KassamSupport Staff2.75$319$877.25
Julia NoortSupport Staff6.6$243$1,605.00
Heather UrsakiSupport Staff1.8$197$354.60
Subtotal411.45$180,971.15

Top rate $606 · 19th percentile of receiver rates, 2024 · of 84

Documents4 filings
DateDocumentFile
Order made after Application
  • Counsel DLAPiper (Canada) LLP
  • Presiding officer Justice Coval
PDF
Receiver's First Report to Court
  • Applicant THE TORONTO-DOMINION BANK
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 24 August 2023
  • + 4 more extracted facts
PDF
Form 87PDF
Receivership Order
  • Applicant The Toronto-Dominion Bank
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 24 August 2023
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Klondike Contracting Corporation and FBS Fairview Builder Services” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/klondike-contracting-corporation-and-fbs-fairview-builder-services

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/klondike-contracting-corporation-and-fbs-fairview-builder-services

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.