British Columbia · Receivership (court-appointed)
Receiver's Second Report
Court officer report · 2 June 2026
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What we verified from this filing3 verified
- secured creditorsnote: Described as primary secured creditor of GTX; Receiver expects additional property taxes owing to be paid on closing. · page: 5 · as of: 2024-12-13 · amount: 1298630.46 · debtor: G-T-X Cavating Ltd. · creditor: Royal Bank of Canada (RBC) · currency: CAD · security: Only registered creditor on the Lands (Shop Lands and Office Lands)
- secured creditorsnote: Regulatory/statutory tax lien (rural property tax); registered May 19, 2026. · page: 5 · as of: 2026-05-19 · amount: 24468.23 · debtor: G-T-X Cavating Ltd. · creditor: Crown in Right of British Columbia · currency: CAD · security: Crown Lien registered against the Shop Lands pursuant to the Taxation (Rural Area) Act (British Columbia)
- secured creditorsnote: Debt due to CRA for unpaid source deductions/GST acknowledged, but Receiver has no information from CRA to confirm current amounts owed or related deemed trust claims (if any); status unknown, not stated as zero. · page: 5 · debtor: G-T-X Cavating Ltd. · creditor: Canada Revenue Agency (CRA) · currency: CAD