British Columbia · Receivership (court-appointed)
Notice and Statement of the Receiver dated April 10, 2026
Notice to creditors · 10 April 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 filing16 verified
- appointeeGrant Thornton Limited
- appointee rolereceiver
- commencement date2 April 2026
- courtSupreme Court of British Columbia
- court file noS-257043
- statutory basisSection 245(1) and 246(1) of the Bankruptcy and Insolvency Act
- secured creditorsnote: Stated as 'owed approximately $5,750,512' in Receiver's Notice; same figure repeated in Exhibit A list of creditors. · page: 2 · amount: 5750512 · debtor: Lifetec Construction Group Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Registered PPSA security interest (Company's primary secured creditor per BC Personal Property Registry search dated April 2, 2026)
- secured creditorsnote: The only other PPSA registration besides RBC's; the $1 figure is from Exhibit A and appears to be a nominal/placeholder claim amount rather than a verified balance. · page: 2 · amount: 1 · debtor: Lifetec Construction Group Inc. · creditor: H&S Truck & Trailer Repair Ltd · currency: CAD · security: Repairer's lien registered against a specific trailer (per BC PPR search dated April 2, 2026)
- unsecured creditorsnote: Deemed trust class (payroll source deductions). · page: 2 · basis: Stated in Receiver's Notice as owed approximately $952,576 in payroll source deductions; same figure repeated in Exhibit A list of creditors. · amount: 952576 · debtor: Lifetec Construction Group Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorsnote: Nominal amount as stated in Exhibit A; possibly a provincial regulatory/tax claim. · page: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 1 · debtor: Lifetec Construction Group Inc. · creditor: Ministry of Finance · currency: CAD
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 78 · debtor: Lifetec Construction Group Inc. · creditor: Neet Janitorial · currency: CAD
- unsecured creditorsnote: Possible preferred wage claims; amount as nominally stated in Exhibit A. · page: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 1 · debtor: Lifetec Construction Group Inc. · creditor: Employees · currency: CAD
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 336 · debtor: Lifetec Construction Group Inc. · creditor: Shaw Business · currency: CAD
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 669 · debtor: Lifetec Construction Group Inc. · creditor: Coast Building Supplies · currency: CAD
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 8817 · debtor: Lifetec Construction Group Inc. · creditor: Columbia Steel · currency: CAD
- unsecured creditorspage: 4 · basis: Listing of Creditors compiled by the Receiver from information available (Exhibit A) · amount: 124 · debtor: Lifetec Construction Group Inc. · creditor: QuickBooks · currency: CAD