Proceedings.

Lands and Premises and License of the Waterfront at Arrow Lakes

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Active
Proceeding
Receivership (court-appointed)s. 39 of the Law and Equity Act, RSBC 1996, c. 253
File
H170181
Filings held13
Last activity20 Feb 2019
On the record3,871 days
OverviewSummary updated

1115999 Alberta Inc. remains in a court-appointed receivership before the Supreme Court of British Columbia, brought under s. 243 of the Bankruptcy and Insolvency Act and provincial Judicature Act authority, concerning lands and premises and a licence of the waterfront at Arrow Lakes. A Receiver's Statement identifies twelve parties appearing to hold security or a lien against the property, with amounts in each case still to be determined: Fred Lavoie, WorkSafeBC, the Canada Revenue Agency, the Crown in Right of Canada, UMC Financial Management Inc., WGP-250 Holdings Ltd., Community Exteriors Inc., McGregor & Thompson Hardware Ltd., Shepherds Hardware Ltd., Pine Lighting Ltd., Selkirk Security Services Ltd. and United Rentals of Canada Inc. The same statement lists unsecured claims the Receiver has been made aware of: MEKA Consulting Services Ltd at CAD 17,174.89 and Waste Management of Canada Corporation at CAD 874.29. The proceeding is active.

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Case updates13 dated entries

10 earlier updates, back to 15 February 2016 subscribers.

Parties

Debtor

Lands and Premises and License of the Waterfront at Arrow Lakes

Receiver

PwC

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesAmount to be determined; listed as appearing to hold security or lien on the property — debtor: 1115999 Alberta Inc.Notice and Statement of the Receiver and Receiver’s Statement, dated February 25, 2016

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

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.

13 more claims across lower-ranking classes

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Sale processAs stated in the filings

2 transactions · 2 proposedReceiver continuing to market and sell remaining Strata lots within parameters of the Vesting OrderReceiver's Second Report to Court · 15 Feb 2019

PurchaserPriceStatusSource
Danny Peter McLean / Sharel Margaret WallaceStrata lot 38 · real property · agreement 17 Nov 2016not statedProposedReceiver's First Report to Court
Kenneth B Hill / Patricia A HillStrata lot 34 · real property · agreement 9 Nov 2016not statedProposedReceiver's First Report to Court
AdvisorsRE/MAX Home Advantage (listing broker); RE/MAX (listing broker)Receiver's Second Report to Court
Estate financialsReported figures — never derived

Cash on hand

$4.6M

As at 20 Feb 2019Receiver's Second Report to Court

Documents
13 filings
DateDocumentFile
Affidavit #1 of Franco E. TrasoliniPDF · Subscribers
Affidavit #1 of M. ButteryPDF · Subscribers
Affidavit #2 of Jing ShiPDF · Subscribers
Notice of Application (Receiver)
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role receiver and manager
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no H170181
  • + 1 more extracted fact
PDF · Subscribers
Receiver's Second Report to Court
  • Operational summary The Receiver continues to market and sell the remaining strata lots, wind down the short-term rental program in favour of unit sales, and operate the Marina on a limited seasonal basis while working with the Strata Corporation on transferring licenses and permits.
  • Cash on hand · Financial position · Professional fees Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Approval and Vesting Order for Sale of Lot 34PDF · Subscribers
Approval and Vesting Order for Sale of Lot 38PDF · Subscribers
Sealing Order
  • Presiding officer Justice Schultes
PDF · Subscribers
Vesting Order for transferring of Lot APDF · Subscribers
Receiver's First Report to Court
  • Applicant UMC FINANCIAL MANAGEMENT INC.
  • Appointee PricewaterhouseCoopers Inc.
  • Appointee role Receiver-Manager
  • Commencement date 15 February 2016
  • + 5 more extracted facts
PDF · Subscribers
Notice and Statement of the Receiver and Receiver’s Statement, dated February 25, 2016
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Order Made After Application
PDF · Subscribers
Notice of Application, filed December 23, 2015
  • Commencement date 23 December 2015
  • Court file no NEL-S-H-17586
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., “Lands and Premises and License of the Waterfront at Arrow Lakes” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/lands-and-premises-and-license-of-the-waterfront-at-arrow-lakes

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/lands-and-premises-and-license-of-the-waterfront-at-arrow-lakes

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.