Proceedings.

PolyCan Health Centre (Canada) Inc.

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Closed
Proceeding
Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
Court
Supreme Court of British Columbia
File
S-234092
Filings held17
Last activity22 Sep 2025
On the record1,061 days
OverviewSummary updated

PolyCan Health Centre (Canada) Inc. has been under court-appointed receivership since October 26, 2023, when the Supreme Court of British Columbia made a receivership order in court file S-234092. The appointment rests on section 243 of the Bankruptcy and Insolvency Act together with provincial Judicature Act jurisdiction. The proceeding is recorded as active. No further dated steps — no receiver's reports, no sale or claims process, no subsequent hearings — have been entered on this record since the order was made.

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Case updates17 dated entries
Parties

Debtor

PolyCan Health Centre (Canada) Inc.

Receiver

Deloitte

Capital structureAs asserted in the filings
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Bank of Montreal (BMO) · in 279 casesGeneral Security Agreement dated April 26, 2018 over all present and after-acquired real and personal property (the 'BMO Facilities'/'BMO Security'); personal guarantees limited to $2,550,000 plus interest and $2,450,000 plus interest respectively — Prose in report states BMO owed 'approximately $4.5 million' as at February 6, 2024; exact dated balance of $4,502,381 as at same date is used here. Security Opinion from Receiver's counsel (DLA) confirms security valid, enforceable and ranking in priority to unsecured creditors. BMO Security is subject to prior-ranking Court-ordered Receiver's Cha · as of 6 Feb 2024$4.5MFirst Report of the Receiver dated February 9, 2024
3Deemed trusts (CRA and other)Canada Revenue Agency (CRA) · in 926 casesDeemed trust class. CRA has not yet submitted any property claims; Receiver is aware of outstanding employee payroll source deductions (referred to in document as relating to 'September and November 2024') amounting to approximately $2,000 to $3,000 (the 'Potential CRA Deemed Trust Claim'). CRA has not yet conducted a payroll or GST audit and additional liabilities may be assessed; GST liability status also under investigation (no GST return filed since July 2020, amount unstated). — debtor: PolyCan Health Centre (Canada) Inc.—First Report of the Receiver dated February 9, 2024
5PMSI / lessorsPPSA equipment financiers (PMSI class) - CWB National Leasing · in 183 casesPurchase money security interests registered under the PPSA over a Cynosure ICON laser therapeutic machine and various security system equipment (finance leases) — Receiver determined no residual equity value in the equipment after accounting for remaining lease payout amounts; if CWB's security is confirmed valid, Receiver intends to disclaim its interest in the equipment. No balance amount stated in document. — debtor: PolyCan Health Centre (Canada) Inc.—First Report of the Receiver dated February 9, 2024

“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.

RecoveriesAs declared or paid

Unsecured creditors: no distribution. Canada Revenue Agency $2.66K · Bank of Montreal $254K · WorkSafeBC $551.FinalReceiver's Final Report on the Affairs of the Debtor (s246(3)) · 23 Apr 2025

ClassCreditorClaimsRecoveryBasisSource
Deemed trustCanada Revenue Agency—$2.66KFinalper the receiverReceiver's Final Report on the Affairs of the Debtor (s246(3)) · 23 Apr 2025
SecuredBank of Montreal—$254KFinalper the receiverReceiver's Final Report on the Affairs of the Debtor (s246(3)) · 23 Apr 2025
SecuredWorkSafeBC—$551Finalper the receiverReceiver's Final Report on the Affairs of the Debtor (s246(3)) · 23 Apr 2025
UnsecuredPolyCan's unsecured creditors—no distributionFinalper the receiverReceiver's Final Report on the Affairs of the Debtor (s246(3)) · 23 Apr 2025

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.

Fees and ratesAs stated in the filings

3 engagements · 2 firms — latest: DLA Piper (Canada) LLP, to 11 Mar 2025Affidavit #1 of C. Brousson · 17 Mar 2025

FirmPeriodHoursFeesRatesSource
DLA Piper (Canada) LLPCounsel to the receiverperiod 2 of 2to 11 Mar 2025Approved134.5—$95 – $75012 peopleAffidavit #1 of C. Brousson · 17 Mar 2025
12 people — DLA Piper (Canada) LLP, to 11 Mar 2025
NameTitleHoursRateFees
Colin D. Brousson—60.6$750from January 1, 2024—
David Spratley—0.7$725—
Colin D. Brousson—60.6$700until December 31, 2023—
Megan Filmer—35.2$700from January 1, 2024—
Megan Filmer—35.2$675until December 31, 2023—
Dennis Yee—0.3$650—
Benjamin Bluman—2.7$600—
Samantha Arbor—23.4$400from January 1, 2024—
Holly Yuen—6.7$375from January 1, 2024—
Samantha Arbor—23.4$350until December 31, 2023—
Holly Yuen—6.7$325until December 31, 2024—
Dannis Yang—4.9$95—
DLA Piper (Canada) LLPCounsel to the receiverperiod 1 of 223 Nov 2023 – 31 Dec 2024Approved—$82,033.00ex. taxnot statedAffidavit #1 of P. Chambers · 18 Mar 2025
Deloitte Restructuring Inc.Receiver22 Nov 2023 – 20 Jan 2025671.7$265,300.00ex. tax$200 – $6759 peopleAffidavit #1 of P. Chambers · 18 Mar 2025
9 people — Deloitte Restructuring Inc., 22 Nov 2023 – 20 Jan 2025
NameTitleHoursRateFees
Jeff KeeblePartner47.2$675$31,860.00
Melinda McKiePartner0.1$675$67.50
Paul ChambersDirector181.3$575$104,247.50
Himanshu TanwarSenior Manager1$500$500.00
Jordan YinSenior184.6$350$64,610.00
Kaley DowlerSenior0.6$350$210.00
Todd DrewSenior15.3$350$5,355.00
Xinyi BaoAnalyst202.6$250$50,650.00
Teresa WongAnalyst39$200$7,800.00

Top rate $750 · 19th percentile of counsel rates, 2025 · of 80

Documents
17 filings
DateDocumentFile
Discharge Order granted September 22, 2025PDF
Trustee's Preliminary Report, dated April 28, 2025
  • Recovery outcome Entries: per unstated · Stated on: 2025-04-28 · Table missing:
PDF
Receiver's Final Report on the Affairs of the Debtor (s246(3)) dated April 23, 2025
  • Recovery outcome Entries: per actual; per actual; per actual; per actual; per actual · Stated on: 2025-04-23 · Table missing:
PDF
Receiver's Termination Certificate dated April 23, 2025PDF
Creditors Package, dated April 15, 2025
  • Recovery outcome Entries: per unstated · Stated on: 2025-04-15 · Table missing:
PDF
Distribution and Discharge Order granted March 28, 2025PDF
Notice of Application for Distribution and Discharge, returnable March 28, 2025.
  • Recovery outcome Entries: per estimated; per unstated · Table missing:
PDF
Affidavit #1 of P. Chambers dated March 18, 2025
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Tax: $13.5K · Label: GST · Quote: $13,522.66 in GST · Fees: $265K · Quote: $ 265,300.00 in fees · Total: $284K · Quote: the Receiver's fees and disbursements, inclusive of taxes, amounted to a total of $283,975.81 · includes tax · includes disbursements · Approximate: false · Disbursements: $5.15K · Quote: $5,153.15 in disbursements · Period: End: 2025-01-20 · Kind: final · Quote: from November 22, 2023 to January 20, 2025, the Receiver's fees and disbursements, inclusive of taxes, amounted to a total of $283,975.81 · Start: 2023-11-22 · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 3583.25 · Date: 2024-01-30 · Fees: 71665 · Quote: 8004406266 | 2024-01-30 | November 22, 2023 to December 8, 2023 · Total: 75248.25 · Period end: 2023-12-08 · Period start: 2023-11-22; Tax: 1887.52 · Date: 2024-01-29 · Fees: 37640 · Quote: 8004397359 | 2024-01-29 | December 9, 2023 to January 2, 2024 · Total: 39637.84 · Period end: 2024-01-02 · Period start: 2023-12-09 · Disbursements: 110.32; Tax: 2419.43 · Date: 2024-02-06 · Fees: 46417.5 · Quote: 8004431903 | 2024-02-06 | January 3, 2024 to January 31, 2024 · Total: 50808.09 · Period end: 2024-01-31 · Period start: 2024-01-03 · Disbursements: 1971.16; Tax: 3523.8 · Date: 2024-03-27 · Fees: 68735 · Quote: 8004604547 | 2024-03-27 | February 1, 2024 to Februry 29, 2024 · Total: 73999.8 · Period end: 2024-02-29 · Period start: 2024-02-01 · Disbursements: 1741; Tax: 940.09 · Date: 2024-05-03 · Fees: 18045 · Quote: 8004741474 | 2024-05-03 | March 1, 2024 to April 30, 2024 · Total: 19741.93 · Period end: 2024-04-30 · Period start: 2024-03-01 · Disbursements: 756.84; Tax: 495.59 · Date: 2024-07-29 · Fees: 9777.5 · Quote: 8005022718 | 2024-07-29 | May 1,2024 to June 30, 2024 · Total: 10407.37 · Period end: 2024-06-30 · Period start: 2024-05-01 · Disbursements: 134.28; Tax: 672.98 · Date: 2025-01-28 · Fees: 13020 · Quote: 8005629746 | 2025-01-28 | July 1, 2024 to January 20, 2025 · Total: 14132.53 · Period end: 2025-01-20 · Period start: 2024-07-01 · Disbursements: 439.55 · Firm text: Deloitte Restructuring Inc. · Firm quote: I am a Senior Vice President of Deloitte Restructuring Inc. ("Deloitte"), the courtappointed receiver (the "Receiver") without security · Hours total: Quote: 671.70 | $ 265,300.00 | $ 5,153.15 | $ 13,522.66 | $ 283,975.81 · Value: 671.7 · Context quote: the courtappointed receiver (the "Receiver") without security, of all of the assets, undertakings and property of Polycan Health Centre (Canada) Inc. · Comparability quote: the Receiver's fees in this matter are consistent with fees charged by other trustee firms of a similar size for work of a similar nature and complexity in British Columbia.; Form: time_summary · Rows: Jeff Keeble; Melinda McKie; Paul Chambers; Himanshu Tanwar; Todd Drew; Jordan Yin; Kaley Dowler; Xinyi Bao; Teresa Wong · Money: Fees: $265K · Quote: $ 265,300.00 · Approximate: false · Period: End: 2025-01-20 · Kind: final · Quote: from November 22, 2023 to January 20, 2025, the Receiver's fees and disbursements, inclusive of taxes, amounted to a total of $283,975.81 · Start: 2023-11-22 · Approval: State: unstated · Averages: · Currency: · Invoices: · Firm text: Deloitte Restructuring Inc. · Firm quote: I am a Senior Vice President of Deloitte Restructuring Inc. ("Deloitte"), the courtappointed receiver (the "Receiver") without security · Hours total: Quote: 671.70 · Value: 671.7 · Context quote: In the Matter of the Receivership of Polycan Health Centre (Canada) Inc. Summary of Receiver's Hours and Fees; Form: invoice_listing · Rows: · Money: Tax: $4.11K · Label: GST · Quote: $ 4,105.92 · Fees: $82K · Quote: $ 82,033.00 · Total: $92.3K · Quote: S 92,269.84 · includes tax · includes disbursements · Approximate: false · Disbursements: $389 · Quote: S 388.59 · Period: End: 2024-12-31 · Kind: final · Label: Final DLA Accounts · Quote: (collectively, the "Final DLA Accounts") · Start: 2023-11-23 · Approval: State: unstated · Averages: · Currency: · Invoices: Tax: 613.54 · Date: 2024-01-11 · Fees: 12267.5 · Quote: 2253153 | 2024-01-11 | December 1, 2023 to December 31, 2023 · Total: 13756.77 · Period end: 2023-12-31 · Period start: 2023-12-01 · Disbursements: 17; Tax: 825.96 · Date: 2024-02-07 · Fees: 16517.5 · Quote: 2259562 | 2024-02-07 | Jamuary 1, 2024 to Jamuary 31, 2024 · Total: 18508.19 · Period end: 2024-01-31 · Period start: 2024-01-01 · Disbursements: 8.5; Tax: 2280.86 · Date: 2024-03-14 · Fees: 45555.5 · Quote: 2268097 | 2024-03-14 | February 1, 2024 to February 29, 2024 · Total: 51317.75 · Period end: 2024-02-29 · Period start: 2024-02-01 · Disbursements: 292.5; Tax: 18.75 · Date: 2024-04-11 · Fees: 360 · Quote: 2275479 | 2024-04-11 | March 1, 2024 to March 31, 2024 · Total: 443.95 · Period end: 2024-03-31 · Period start: 2024-03-01 · Disbursements: 40; Tax: 63.75 · Date: 2024-10-16 · Fees: 1275 · Quote: 2311174 | 2024-10-16 | April 1, 2024 to Septenber 30, 2024 · Total: 1428 · Period end: 2024-09-30 · Period start: 2024-04-01; Tax: 74.88 · Date: 2025-01-24 · Fees: 1497.5 · Quote: 2347463 | 2025-01-24 | October 1, 2024 to December 31, 2024 · Total: 1677.21 · Period end: 2024-12-31 · Period start: 2024-10-01 · Firm text: DLA Piper (Canada) LLP · Firm quote: I have reviewed the following accounts of DLA Piper (Canada) LLP ("DLA"), the Receiver's legal counsel in this matter · Context quote: I have reviewed the following accounts of DLA Piper (Canada) LLP ("DLA"), the Receiver's legal counsel in this matter
PDF
Second Report of the Receiver dated March 18, 2025
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2025-03-18 · Table missing:
PDF
Affidavit #1 of C. Brousson dated March 17, 2025
  • Fee schedule Engagements: Form: invoice_listing · Rows: · Money: Tax: $9.85K · Label: Taxes · Quote: TOTAL: | $82,033.00 | $388.59 | 9848.25 | 92,269.84 · Fees: $82K · Quote: TOTAL: | $82,033.00 | $388.59 | 9848.25 | 92,269.84 · Total: $92.3K · Quote: TOTAL: | $82,033.00 | $388.59 | 9848.25 | 92,269.84 · includes tax · includes disbursements · Approximate: false · Disbursements: $389 · Quote: TOTAL: | $82,033.00 | $388.59 | 9848.25 | 92,269.84 · Period: End: 2024-12-31 · Kind: cumulative · Quote: The total cumulative time comprised in the accounts of DLA as of March 11, 2025 · Start: 2023-11-23 · Approval: Quote: have been approved by the Receiver · State: approved · Averages: · Currency: · Invoices: Tax: 547.38 · Fees: 4560 · Quote: November 23, 2023 to November 30, 2023 | $4,560.00 | $30.59 | $547.38 | $5,137.97 · Total: 5137.97 · Period end: 2023-11-30 · Period start: 2023-11-23 · Disbursements: 30.59; Tax: 1472.27 · Fees: 12267.5 · Quote: December 1, 2023 to December 31, 2023 | $12,267.50 | $17.00 | $1,472.27 | $13,756.77 · Total: 13756.77 · Period end: 2023-12-31 · Period start: 2023-12-01 · Disbursements: 17; Tax: 1982.19 · Fees: 16517.5 · Quote: January 2, 2024 to January 31,2024 | $16,517.50 | $8.50 | $1,982.19 | $18,508.19 · Total: 18508.19 · Period end: 2024-01-31 · Period start: 2024-01-02 · Disbursements: 8.5; Tax: 5469.75 · Fees: 45555.5 · Quote: February 1, 2024 to February 29,2024 | $45,555.50 | $292.50 | $5,469.75 | $51,317.75 · Total: 51317.75 · Period end: 2024-02-29 · Period start: 2024-02-01 · Disbursements: 292.5; Tax: 43.95 · Fees: 360 · Quote: March 1, 2024 to March 4, 2024 | $360.00 | $40.00 | $43.95 | $443.95 · Total: 443.95 · Period end: 2024-03-04 · Period start: 2024-03-01 · Disbursements: 40; Tax: 153 · Fees: 1275 · Quote: August 29, 2024 to September 30, 2024 | $1,275.00 | 0 | $153.00 | $1428.00 · Total: 1428 · Period end: 2024-09-30 · Period start: 2024-08-29; Tax: 179.71 · Fees: 1497.5 · Quote: October 16, 2024 to December 31, 2024 | $1497.50 | 0 | $179.71 | $1677.21 · Total: 1677.21 · Period end: 2024-12-31 · Period start: 2024-10-16 · Firm text: DLA Piper (Canada) LLP · Firm quote: DLA Piper (Canada) LLP, Barristers & Solicitors, solicitors for Deloitte Restructuring Inc. · Context quote: solicitors for Deloitte Restructuring Inc., court appointed receiver of PolyCan Health Centre (Canada) Inc.; Form: time_summary · Rows: Colin Brousson; Colin Brousson; Megan Filmer; Megan Filmer; David Spratley; Dennis Yee; Benjamin Bluman; Samantha Arbor; Samantha Arbor; Dannis Yang; Holly Yuen; Holly Yuen · Money: Approximate: false · Period: End: 2025-03-11 · Kind: cumulative · Quote: The total cumulative time comprised in the accounts of DLA as of March 11, 2025 is · Approval: Quote: have been approved by the Receiver · State: approved · Averages: · Currency: · Invoices: · Firm text: DLA Piper (Canada) LLP · Firm quote: DLA Piper (Canada) LLP, Barristers & Solicitors, solicitors for Deloitte Restructuring Inc. · Hours total: Quote: Total: | 134.5 · Value: 134.5 · Context quote: solicitors for Deloitte Restructuring Inc., court appointed receiver of PolyCan Health Centre (Canada) Inc.
PDF
Sale Approval Order granted February 26, 2024PDF
Sealing Order granted February 26, 2024PDF
Supplement to First Report of the Receiver dated February 25, 2024PDF
Notice of Application for Sale Approval and Distribution Order dated February 15, 2024
  • Recovery outcome Entries: per estimated; per estimated · Table missing:
  • Secured creditors $4.5M · Note: Principal/major secured creditor per Receiver; Receiver's counsel opined BMO security is valid and enforceable; Receiver expects BMO to suffer a shortfall on this debt. Personal guarantees also granted to BMO: by the Mais (directors/spouse, related parties) dated 2018-04-26 limited to $2,550,000 plus interest at BMO prime + 3%; and by Mr. Weidong Zhu and Ms. Hua Xu (the 'Zhu and Xu Guarantee') limited to $2,450,000 plus interest at BMO prime + 3% - individual guarantors, not separate secured creditors. · Page: 3 · As of: 2024-02-06 · Debtor: PolyCan Health Centre (Canada) Inc. · Creditor: Bank of Montreal (BMO) · Security: General Security Agreement granted by PolyCan, as amended and restated, securing letter of credit facility (BMO Credit Facility)
PDF
First Report of the Receiver dated February 9, 2024
  • Secured creditors Note: Receiver determined no residual equity value in the equipment after accounting for remaining lease payout amounts; if CWB's security is confirmed valid, Receiver intends to disclaim its interest in the equipment. No balance amount stated in document. · Page: 12 · Debtor: PolyCan Health Centre (Canada) Inc. · Creditor: PPSA equipment financiers (PMSI class) - CWB National Leasing · Currency: CAD · Security: Purchase money security interests registered under the PPSA over a Cynosure ICON laser therapeutic machine and various security system equipment (finance leases)
PDF
Notice and Statement of Receiver for PolyCan Health Centre (Canada) Inc. dated December 1, 2023PDF
Receivership Order granted October 26, 2023 and effective November 23, 2023
  • Commencement date 26 October 2023
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • Court file no S-234092
  • Presiding officer Justice Gomery
PDF

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

CiteProceedings., “PolyCan Health Centre (Canada) Inc.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/polycan-health-centre-canada-inc

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Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/polycan-health-centre-canada-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.