​​​​​On August 29, 2023, Deloitte Restructuring Inc. was appointed by the Supreme Court of British Columbia as the Receiver and Manager of all the assets, undertakings and property of CanWest Aerospace Inc. ("CW Aerospace") and Can West Global Airparts Inc. ("CW Airparts", together with CW Aerospace, the "Companies").​

On April 10, 2024, the Court granted an order (the “Approval and Reverse Vesting Order") in the Receivership proceedings approving the sale of the shares of the Companies (the “Transaction"). Upon closing of the Transaction on May 3, 2024, the Companies were no longer subject to the Receivership proceedings. In addition, all excluded assets and all other assets were vested in 1206546 B.C. Ltd. (“Residual Co."), and all creditor claims attach to Residual Co.'s assets with the same nature and priority as prior to the transaction.

The Approval and Reverse Vesting Order authorized the Receiver to assign Residual Co. into bankruptcy. On January 24, 2025, Residual Co. was assigned into bankruptcy by the Receiver for the general benefit of creditors pursuant to the provisions of the Bankruptcy and Insolvency Act.

​​Information regarding the receivership and copies of the Court documents will be posted on this website from time to time. Any questions regarding this receivership may be directed to Kaleb Butt at kbutt@deloitte.ca.