Proceedings.

LifeTec Construction Group Inc.

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Active
Proceeding
Receivership (court-appointed)Section 245(1) and 246(1) of the Bankruptcy and Insolvency Act
File
S-257043
Filings held10
Last activity24 Jul 2026
On the record172 days
Secured debtSubscribers
OverviewSummary updated

LifeTec Construction Group Inc. has been in court-appointed receivership in the Supreme Court of British Columbia since April 2, 2026, under court file S-257043, on the basis of BIA s. 243 and provincial Judicature Act jurisdiction. A BC Personal Property Registry search run that day identified Royal Bank of Canada, owed approximately $5,750,512 under a registered PPSA security interest, as the company's primary secured creditor; the only other registration is a repairer's lien held by H&S Truck & Trailer Repair Ltd against a specific trailer, carried at a nominal $1 in the Receiver's listing of creditors. The Canada Revenue Agency is shown as owed approximately $952,576 in payroll source deductions, a deemed trust claim. Remaining creditors in Exhibit A are small, the largest being Columbia Steel at $8,817. The proceeding remains active.

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Case updates10 dated entries
#Report

The officer filed report no. Second Report. The Receiver has continued to operate and secure the leased premises, conduct a sale process resulting in an asset purchase agreement for a portion of Lifetec's assets, and intends to continue liquidating the remaining assets while facing difficulties obtaining records and cooperation from former Management.

Source: Receiver's Second Report to Court dated June 25, 2026

7 earlier updates, back to 2 April 2026 subscribers.

Parties

Debtor

LifeTec Construction Group Inc.

Receiver

Doane Grant Thornton

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice WeatherillSupreme Court of British Columbia1 order, Apr 202610 cases on record

Counsel of record

PartyCounselFirst seenSource
DebtorLifeTec Construction Group Inc.Boughton Law Corporation4 May 2026Application · 4 May 2026
CreditorBank of MontrealDentons Canada LLP4 May 2026Application · 4 May 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredRoyal Bank of Canada · in 556 casesRegistered PPSA security interest (Company's primary secured creditor per BC Personal Property Registry search dated April 2, 2026) — Stated as 'owed approximately $5,750,512' in Receiver's Notice; same figure repeated in Exhibit A list of creditors. — debtor: Lifetec Construction Group Inc.$5.75MNotice and Statement of the Receiver dated April 10, 2026

9 more claims across lower-ranking classes

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Sale processAs stated in the filings

MarketedReceiver soliciting offers for the sale of the assets of Lifetec Construction Group Inc.Invitation for Offers and Information Package for Assets and… · 2 Apr 2026

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cumulative receipts

$306K

As at 25 Jun 2026Receiver's Second Report to Court dated June 25, 2026

3 more reported figures, as at 25 Jun 2026

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Documents
10 filings
DateDocumentFile
Notice of Application filed July 24, 2026PDF · Subscribers
Receiver's Third Report to Court dated July 24, 2026
PDF · Subscribers
Receiver's Second Report to Court dated June 25, 2026
  • Operational summary The Receiver has continued to operate and secure the leased premises, conduct a sale process resulting in an asset purchase agreement for a portion of Lifetec's assets, and intends to continue liquidating the remaining assets while facing difficulties obtaining records and cooperation from former Management.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Notice of Application filed May 4, 2026PDF · Subscribers
Receiver's First Report to Court filed May 4, 2026
  • Operational summary Lifetec ceased operations upon the Receiver's appointment on April 2, 2026; the Receiver has taken possession of assets, is pursuing collection of receivables, and is conducting a sale and investment solicitation process (SISP) for the tangible assets and/or business, coordinating with the receiver of two related, affiliated entities.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Requisition (Short Notice) filed May 4, 2026
  • Counsel Dentons Canada LLP
PDF · Subscribers
Steel Framing Solutions – Receivership Sale (Business or Assets) dated April 27, 2026PDF · Subscribers
Notice and Statement of the Receiver dated April 10, 2026
  • Appointee Grant Thornton Limited
  • Appointee role receiver
  • Commencement date 2 April 2026
  • Court Supreme Court of British Columbia
  • + 5 more extracted facts
PDF · Subscribers
Invitation for Offers and Information Package for Assets and Undertakings of Lifetec Construction Group Inc. in Receivership
  • Bid deadline 27 May 2026
  • Sale outcome Marketed — Receiver soliciting offers for the sale of the assets of Lifetec Construction Group Inc.
PDF · Subscribers
Receivership Order dated April 2, 2026
  • Applicant Royal Bank of Canada
  • Appointee Grant Thornton Limited
  • Appointee role Receiver
  • Commencement date 2 April 2026
  • + 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., “LifeTec Construction Group Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/lifetec-construction-group-inc

Sources last checked · summary updated 12 August 2026 · Report a correction · Printed from proceedings.ca/case/lifetec-construction-group-inc

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.