On February 27, 2026, pursuant to an Order of the Supreme Court of British Columbia, BDO Canada Limited was appointed as Receiver of the assets, undertakings, and property of Westcoast Appliance Center 2014 Ltd. and Capital Iron (2022) Ltd. (the “Companies”).
The Companies operated furniture and appliance retail stores in Victoria, B.C. The Receiver has secured the inventory and is evaluating its options to realize on the inventory.
On March 13, 2026, on application of the Receiver, the Court pronounced an Order increasing the Receiver’s borrowing powers to $380,000 and compelling Resilient IT to comply with the Receivership Order.
On April 2, 2026, the Receiver made an application to Court to approve, among other things, the auctioning of the Companies’ inventory.
On April 8, 2026, on application of the Receiver, the Court pronounced an Order approving the auctioning of the Companies’ inventory. The auction will begin on April 11, 2026, and will be conducted by Able Auctions.
Details on the auction can be found on Able Auctions website: Able Auctions - Home
The Receiver may currently hold inventory owned by third parties. Customers who purchased items that have not yet been delivered or collected are asked to contact the Receiver at the email address below. Please include as much relevant information and supporting documentation as possible to assist us in reviewing and assessing your claim. Please provide this information to Madeline Craig at [email protected].
Kindly note that responses may be delayed, as time is required to review the information and complete our analysis.
The Receiver will be gathering employee information in order to calculate employee claims. Employees should reach out to Martin Chan to provide their contact information at [email protected].
For more information about this file, please contact:
Madeline Craig
Email: [email protected]
Last updated: April 6, 2026
Court Orders
Adjournment Order (February 23, 2026)
Receivership Order (February 27, 2026)
Order Made After Application (March 13, 2026)
Order Made After Application – Auction Approval (April 8, 2026)
Application Materials
Notice of Application by RBC for the appointment of a Receiver (February 20, 2026)
Notice of Civil Claim (February 20, 2026)
Requisition to Adjourn Application (February 23, 2026)
Requisition - Resetting Hearing (March 13, 2026)
Requisition Resetting Hearing (March 11, 2026)
Notice of Application by the Receiver to approve an auction agreement (April 2, 2026)
Response to Receiver’s April 2, 2026 Application – Cantrex (April 7, 2026)
Response to Receiver’s April 2, 2026 Application – Wells Fargo (April 7, 2026)
Affidavits
Affidavit #1 of Tanja Deretic dated February 20, 2026
Affidavit #1 of Dannis Yang dated February 25, 2026
Affidavit #2 of Dannis Yang dated February 25, 2026
Affidavit #1 of Harry Ketchedjian dated February 27, 2026
Receiver's Reports
First Report of the Receiver (March 11, 2026)
Second Report of the Receiver (April 2, 2026)