| COWICHAN VALLEY REGIONAL DISTRICT | 1 | $10,036,978 |
| The Corporation of the City of Victoria | 1 | $7,473,069 |
| RECEIVER GENERAL FOR CANADA - COMMISSIONER | 1 | $5,060,882 |
| MINISTER OF FINANCE | 1 | $4,617,766 |
| RECEIVER GENERAL FOR CANADA - REVENUE CANADA | 1 | $3,510,737 |
| RECEIVER GENERAL FOR CANADA | 1 | $3,139,879 |
| DUNCAN PAVING LTD | 1 | $3,124,789 |
| COWICHAN VALLEY REGIONAL HOSPITAL DISTRICT | 1 | $2,666,379 |
| PENSION CORPORATION | 1 | $1,984,420 |
| BC HYDRO | 3 | $1,819,539 |
| Pension Corporation — Municipal Pension Plan | 1 | $1,819,441 |
| VANCOUVER ISLAND REGIONAL LIBRARY | 1 | $1,264,824 |
| HUGH J ARMSTRONG LAW CORPORATION : IN TRUST | 1 | $990,370 |
| Greater Victoria Public Library | 1 | $831,626 |
| Rollins Machinery Ltd | 2 | $762,713 |
| Brunnell Construction Ltd. | 2 | $653,644 |
| JACOB BROS CONSTRUCTION LTD | 1 | $644,856 |
| DAVID STALKER EXCAVATING LTD | 1 | $581,861 |
| EQUITABLE LIFE | 1 | $560,959 |
| MINISTRY OF FINANCE ( SCHOOL & POLICE TAX) | 1 | $527,805 |
| PACIFIC BLUE CROSS | 2 | $500,177 |
| FIRST TRUCK CENTRE VANCOUVER INC. | 1 | $488,817 |
| Sihota & Starkey in Trust | 1 | $462,451 |
| AON REED STENHOUSE INC | 3 | $454,376 |
| PALLADIAN DEVELOPMENTS INC | 1 | $441,848 |
| BC ASSESSMENT AUTHORITY | 2 | $411,971 |
| WORKSAFE BC | 2 | $404,400 |
| US BANK NATIONAL ASSOCIATION VISA | 1 | $403,403 |
| Aral Construction Ltd. | 1 | $384,033 |
| KINDRED CONSTRUCTION | 1 | $378,363 |
| ROCKY MOUNTAIN PHOENIX | 2 | $368,993 |
| IPL Inc. | 1 | $368,525 |
| Century Group Inc | 1 | $346,583 |
| Royal Bank of Canada | 1 | $323,765 |
| COWICHAN BAND SUPERINTENDENT TRUST | 1 | $319,411 |
| Chevron Canada Ltd. | 2 | $276,915 |
| ASSOCIATED ENGINEERING (BC) LTD | 2 | $262,951 |
| MUNICIPAL FINANCE AUTHORITY | 2 | $241,100 |
| CANADIAN UNION OF PUBLIC EMPLOYEES LOCAL 358 | 1 | $240,405 |
| BFI CANADA > PARKSVILLE | 1 | $239,222 |
| CORIX WATER PRODUCTS LP | 2 | $230,059 |
| MIN OF FINANCE : MEDICAL SERVICES PLAN OF BC | 1 | $213,319 |
| COLUMBIA FUELS | 1 | $207,578 |
| STANTEC CONSULTING LTD. | 1 | $197,938 |
| FORTIS BC | 1 | $194,315 |
| Mack Sales & Service of Nanaimo | 1 | $191,088 |
| Story Construction Ltd. | 1 | $189,127 |
| DMC DUBAS MANAGEMENT & CONSTRUCTION INC. | 1 | $185,824 |
| Island Asphalt Company | 1 | $184,556 |
| TRANSLINK TAX AUTHORITY | 1 | $182,891 |
| REVENUE CANADA | 1 | $182,749 |
| SMITHRITE DISPOSAL LTD | 1 | $175,900 |
| JSK TRAFFIC CONTROL SERVICES INC | 1 | $172,186 |
| CITY OF DUNCAN | 1 | $168,930 |
| Medical Services Plan of BC | 1 | $164,517 |
| Capital Regional District | 1 | $163,102 |
| MUNICIPAL INSURANCE ASSOCIATION OF BC | 1 | $157,514 |
| CHEMAINUS VALLEY HISTORICAL SOCIETY | 1 | $156,705 |
| Ellice Recycle Ltd. | 1 | $152,644 |
| SOUTHERN RAILWAY VANCOUVER ISLAND | 1 | $151,577 |
| BRENNTAG CANADA INC | 1 | $150,686 |
| METRO VANCOUVER | 1 | $149,510 |
| COASTAL ANIMAL CONTROL SERVICES OF BC LTD | 1 | $142,366 |
| GVLRA — LTD Trust | 1 | $141,857 |
| Capital City Paving Ltd. | 1 | $137,973 |
| MUNICIPAL PENSION PLAN | 2 | $136,264 |
| KINETIC CONSTRUCTION LTD | 1 | $135,946 |
| STONE PACIFIC CONTRACTING LTD | 1 | $133,306 |
| LARRY GUHL EXCAVATING | 1 | $132,834 |
| CORP OF THE DISTRICT OF NORTH COWICHAN - PETTY | 1 | $131,073 |
| CHEMAINUS VILLAGE SQUARE LTD | 1 | $130,708 |
| SCHO’S LINE PAINTING LTD | 1 | $129,562 |
| SAVE-ON-SEPTIC SERVICES LTD | 1 | $126,916 |
| GERALD LONGSON | 1 | $126,767 |
| CHEMAINUS BC BUSINESS IMPROVEMENT ASSOCIATION | 1 | $125,723 |
| Carvello Law Corporation | 1 | $124,270 |
| G. MCRADU CONSULTING LTD. | 1 | $111,022 |
| COAST HYDROVAC | 1 | $110,785 |
| FORTISBC ENERGY INC. | 1 | $105,776 |
| Pacific Audio Works | 1 | $103,288 |
| HB HARBOUR MANAGEMENT | 1 | $101,724 |
| TELUS MOBILITY | 2 | $99,212 |
| ECOFISH RESEARCH LTD | 1 | $97,718 |
| DELL CANADA INC | 1 | $93,596 |
| The Corporation of the District of Saanich | 1 | $90,512 |
| DAVID NIVEN GRADALL LTD | 1 | $89,126 |
| SUVARNA, HARO | 1 | $87,005 |
| Young Anderson Barristers & Solicitors oo | 1 | $86,830 |
| G E KOBA ENTERPRISES | 1 | $84,901 |
| RECEIVER GENERAL OF CANADA | 1 | $84,483 |
| JWT DESIGN LTD | 1 | $84,336 |
| DRINKWATER INDUSTRIAL PARK LTD | 1 | $82,500 |
| Van Isle Water Services Ltd. | 1 | $82,031 |
| PLANET CLEAN (SOUTH ISLE) LTD | 1 | $80,871 |
| DKI SERVICES LTD | 1 | $80,810 |
| 675482 BC LTD | 1 | $79,718 |
| Victoria Animal Control Services Ltd. | 1 | $77,122 |
| SILVIFOR RESOURCE CONSULTANTS | 1 | $76,742 |
| EMCON SERVICES INC | 1 | $76,734 |
| EECOL ELECTRIC CORP. | 1 | $75,813 |