Proceedings.

TC Evolution Limited Partnership, TC Evolution General Partner Inc., and 0922010 B.C. Ltd.

Follow
Active
Proceeding
Receivership (court-appointed)Section 243(1) of the Bankruptcy and Insolvency Act and Section 39 of the Law and Equity Act
File
S255655
Industry
Real estate
Filings held5
Last activity12 Sep 2025
On the record442 days
Secured debtSubscribers
OverviewSummary updated

TC Evolution Limited Partnership, together with TC Evolution General Partner Inc. and 0922010 B.C. Ltd., entered court-appointed receivership in the Supreme Court of British Columbia on August 20, 2025, under Court File No. S255655, pursuant to BIA s. 243 and the province's Judicature Act. An interim order was granted that day alongside a private appointment initiated under a s. 245 notice. As of June 2, 2025, secured claims against the partnership included a mortgage held by Price Capital Partners Inc. with the amount unknown, $155,707 owed to the City of Victoria for property tax, and $41,133,542 owed to 2292912 Ontario Inc. under a general security agreement and mortgage. Unsecured claims reported by the company as of the same date included $3,000,000 owed to Alitis Private Real Estate Limited Partnership, $146,127 to Daniels Electronics Ltd., and $81,270 to Farmer Construction Ltd.

Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Open this case in Proceedings AI⁠Save your chats, keep long conversations going, and ask across every case.
Case updates6 dated entries
#Order

TC Evolution Limited Partnership, TC Evolution General Partner Inc., and 0922010 B.C. Ltd. — Receivership filed, British Columbia.

Parties

Debtor

TC Evolution Limited Partnership, TC Evolution General Partner Inc., and 0922010 B.C. Ltd.

Applicant

Timbercreek Mortgage Servicing Inc.,2292912 Ontario Inc.

Receiver

MNP

Bench and counselPer the orders and service lists on the record

Counsel of record

PartyCounselFirst seenSource
CreditorReceivership and individualMcCarthy Tétrault LLP12 Sep 2025Service list · 12 Sep 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
4Secured2292912 Ontario Inc. · in 3 casesGeneral Security Agreement/Mortgage — debtor: TC Evolution Limited Partnership · as of 2 Jun 2025$41.1MForm 87 - TC Evolution Limited Partnership -
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

6 more claims in 2 classes The stack holds Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

Start 5-day trial

Card required. Nothing charged for 5 days. Cancel anytime.

Already a subscriber? Sign in.

See all plans⁠
Documents5 filings
DateDocumentFile
Service List updated
  • Counsel McCarthy Tétrault LLP
PDF · Subscribers
Form 87 - 0922010 B.C. Ltd. -
PDF · Subscribers
Form 87 - TC Evolution General Partner Inc. -PDF · Subscribers
Form 87 - TC Evolution Limited Partnership -
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 20 August 2025
  • Court Supreme Court of British Columbia
  • + 5 more extracted facts
PDF · Subscribers
Receivership Order
  • Applicant TIMBERCREEK MORTGAGE SERVICING INC. and 2292912 ONTARIO INC., IN ITS CAPACITY AS BARE TRUSTEE FOR TIMBERCREEK MORTGAGE SERVICING INC.
  • Appointee MNP Ltd.
  • Appointee role Receiver and Manager
  • Commencement date 20 August 2025
  • + 2 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., “TC Evolution Limited Partnership, TC Evolution General Partner Inc., and 0922010 B.C. Ltd.” (Receivership (court-appointed)), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/tc-evolution-limited-partnership-tc-evolution-general-partner-inc-and-0922010-b-

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/tc-evolution-limited-partnership-tc-evolution-general-partner-inc-and-0922010-b-

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.