BIC Fund

Receivership

^{Page last updated: June 3, 2026}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of June 3, 2026

On June 3, 2026, the Court issued:

1. An order (the “Amending Order”) which, among other things:
   1. Authorized an amendment to the style of cause to include 1000929972 Ontario Inc., (“10009 Ontario”); and
   2. Authorized an amendment to the Receivership Order to expand the scope of the “Property”; and
2. An order (the “ Amended and Restated Receivership Order”) which, among other things, authorized appointment of PwC as Receiver of BIC Fund and 10009 Ontario Inc.

Status of file as of May 15, 2026

On May 15, 2026, on application by the Be in Christ Church of Canada (the “Applicant”), pursuant to an order (the “Receivership Order”) of the Ontario Superior Court of Justice (Commercial List) (the “Court”), and in accordance with section 253 of the Canada Not-for-Profit Corporations Act, S.C. 2009, c.23 and section 101 of the Court of Justice Act, R.S.O. 1990, c. C.43, as amended PricewaterhouseCoopers Inc., LIT (“PwC”) was appointed as receiver (the “Receiver”), without security, of all of the assets, undertakings and properties of BIC Fund (the “BIC Fund”).

Any person wishing to be added to the Service List should fill out a Request for Notice, attached as Schedule “A” to the Receivership Order and available on the Court Orders page of this website.