British Columbia · CCAA
Pre-Filing Report of the Proposed Monitor
Pre-filing report · 5 June 2026
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What we verified from this filing3 verified
- financial positionnote: Report states 'The Petitioners owe approximately $55.6 million to creditors, including approximately: $48.3 million to TRU... and $7.3 million to trade creditors including $6.5 million of lien claims.' No corresponding total asset figure disclosed in these pages. · page: 6 · as at: 2026-06-05 · basis: Management estimate, approximate, unaudited · scope: Petitioners (464 Eaglecrest Drive Limited Partnership, TCD Developments (Gibsons) Ltd., and 464 Eaglecrest Drive Properties Ltd.) - consolidated · currency: CAD · total liabilities: 55600000
- secured creditorsnote: Described as the Company's primary secured lender pre-filing; figure stated as approximate ('approximately $48.3 million'). Distinct from the post-filing DIP Facility to be advanced by the same lender. · page: 6 · as of: 2026-06-05 · amount: 48300000 · debtor: 464 Eaglecrest Drive Limited Partnership · creditor: Envision Financial, a division of Tru Cooperative Bank ("TRU") · currency: CAD
- secured creditorsnote: Forms part of the approximately $7.3 million owed to trade creditors; approximate figure per report ('approximately... $6.5 million of lien claims'). Aggregated lien claimants. · page: 6 · as of: 2026-06-05 · amount: 6500000 · debtor: 464 Eaglecrest Drive Limited Partnership · creditor: Construction lien claimants (including Kindred Construction Ltd., general contractor, and sub-trades) · currency: CAD · security: Builders liens registered against the Project