British Columbia · CCAA
Third Report of the Monitor
Court officer report · 3 March 2026
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- cash on handnote: Operating bank account held $1.0 million; holdback account separately funded at $7.8 million. · as at: 2026-02-20 · amount: 1000000 · currency: CAD · qualifier: approximately
- operational summaryConstruction at the Development has fully resumed with over 100 subcontractors on site, and the Petitioners are pursuing a restructuring transaction (the 'Dunna'eh House of Healing' concept) involving rezoning, equity investment solicitation from Indigenous groups, and debt refinancing.
- professional feesnote: Forecast professional fees for the Second Forecast Period (Feb 21-Aug 7, 2026) are approximately $1.2 million (also shown as $1,171 thousand in the forecast table). · party: Petitioners' counsel, the Monitor and its counsel (actual, Reporting Period) · amount: 188000 · period: January 10, 2026 to February 20, 2026 · currency: CAD
- report date3 March 2026
- report noThird Report