British Columbia · Receivership (court-appointed)
Notice of Application (February 23, 2026)
Application / notice of application · 23 February 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: actual · quote: The CRA completed a payroll trust examination and filed deemed trust claims for payroll so s s th amounts have been paid in full. · pct of: unstated · outcome: paid_in_full · class key: deemed_trust · stated by: receiver · class label: CRA deemed trust claims for payroll · creditor name: Canada Revenue Agency · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As set out in the Second Report, the Receiver has made a distribution of $685,823 and $85,207 to RBC and BDC, respectively. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 685823 · amount high: 685823 · class label: Royal Bank of Canada · creditor name: Royal Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: actual · quote: As set out in the Second Report, the Receiver has made a distribution of $685,823 and $85,207 to RBC and BDC, respectively. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · amount low: 85207 · amount high: 85207 · class label: Business Development Bank of Canada · creditor name: Business Development Bank of Canada · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The Receiver estimates that a final distribution will be available to be paid to the Royal Bank of Canada, the Business Development Bank of Canada and the Toronto-Dominion Bank after payment of all outstanding fees and expenses associated with the administration of the receivership. · pct of: unstated · outcome: distribution · class key: secured · stated by: receiver · class label: Royal Bank of Canada, Business Development Bank of Canada and Toronto-Dominion Bank · interim final: final · claims qualifier: unstated; basis: estimated · quote: There will not be any funds available for any unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: