BC Tree Fruits Cooperative filed for creditor protection in August 2024. Overall debts were reported to be around $65 million. At the court hearing on August 26, the lawyer for the creditor protection monitor said there were expressions of interest from buyers for some of the co-op's plants and the sale of its Vaughan Avenue, Kelowna, plant was finalized for $22 million. Bidding deadlines for assets were to close by November because of the interest in properties and the need to provide processing and storage facilities for the 2024 harvest season. On Thursday September 12 the British Columbia government said the
Investment Agriculture Foundation of B.C. (which is responsible for delivering many government-funded agricultural programs) would direct about $4 million to pay co-op members amounts they are owed by BC Tree Fruits, and it would recoup the funds at the end of the court process. The final significant transaction as a part of the bankruptcy process was the $22.75 million sale in May 2025 to Penticton-based Wildstone Construction of the co-op's former packinghouse in Oliver. Also included in the transaction were properties in Summerland and
Keremeos, remaining equipment, inventory, and intellectual property including the green leaf logo. Wildstone said it was partnering with a local investor group and Ontario-based Algoma Orchards to operate the new venture under the BC Tree Fruits name. ==References==