LifeTec Construction Group Inc.
- Proceeding
- Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
- File
- S-257043
- Industry
- Construction · Specialty trade contractors
LifeTec Construction Group Inc. has been in court-appointed receivership in the Supreme Court of British Columbia since April 2, 2026 (court file S-257043). Grant Thornton Limited was appointed receiver on the application of Royal Bank of Canada under section 243(1) of the Bankruptcy and Insolvency Act and section 39 of the Law and Equity Act. RBC, the primary secured creditor, is owed approximately $5,750,512, and the Canada Revenue Agency approximately $952,576 in payroll source deductions. Lifetec ceased operations on the receiver's appointment. The receiver took possession of the assets, pursued the receivables and ran a sale process, with bids due May 27, 2026, in coordination with the receiver of two affiliated entities. That process produced an asset purchase agreement for a portion of the assets; the receiver intends to liquidate the rest and reports difficulty obtaining records and cooperation from former management.
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
The officer filed report no. First Report. 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.
Steel Framing Solutions – Receivership Sale (Business or Assets) dated April 27, 2026 — Stakeholder communication
Receivership order placed the company under a court-appointed receiver in BC Supreme Court file S-257043; a Personal Property Registry search was run the same date.
Case update
Lifetec: sold roll formers, and the records to say whose they were
Grant Thornton asks the B.C. Supreme Court, at an August 3 hearing, to approve a cash sale of Lifetec's remaining assets to Joiner Sales and Infinity Asset Solutions at a redacted price, and to order Samco Machinery to produce records it calls critical to determining who owned two roll formers sold to CGC Inc.
Debtor
LifeTec Construction Group Inc.
Receiver
Doane Grant Thornton
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Weatherill | Supreme Court of British Columbia | 1 order, Apr 2026 | 13 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorLifeTec Construction Group Inc. | Boughton Law Corporation | 4 May 2026 | Application · 4 May 2026 |
| CreditorBank of Montreal | Dentons Canada LLP | 4 May 2026 | Application · 4 May 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency · in 985 casesDeemed trust class (payroll source deductions). — debtor: Lifetec Construction Group Inc. | $953K | Notice and Statement of the Receiver dated April 10, 2026 |
| 4 | Secured | |||
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
9 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansMarketed — Receiver 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
As at ·
Cumulative receipts
$306K
As at 23 Jun 2026Receiver's Second Report to Court dated June 25, 2026
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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See all plans| Date | Document | File |
|---|---|---|
| Notice of Application filed July 24, 2026 | PDF · Subscribers | |
Receiver's Third Report to Court dated July 24, 2026
| PDF · Subscribers | |
Receiver's Second Report to Court dated June 25, 2026
| PDF · Subscribers | |
| Notice of Application filed May 4, 2026 | PDF · Subscribers | |
Receiver's First Report to Court filed May 4, 2026
| PDF · Subscribers | |
Requisition (Short Notice) filed May 4, 2026
| PDF · Subscribers | |
| Steel Framing Solutions – Receivership Sale (Business or Assets) dated April 27, 2026 | PDF · Subscribers | |
Notice and Statement of the Receiver dated April 10, 2026
| PDF · Subscribers | |
Invitation for Offers and Information Package for Assets and Undertakings of Lifetec Construction Group Inc. in Receivership
| PDF · Subscribers | |
Receivership Order dated April 2, 2026
| 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 5 November 2026, https://proceedings.ca/case/lifetec-construction-group-inc