In Calgary, Terry (David Lawrence) and Dean (Paul Spence) are tired of barely scraping by. Their old buddy and "party leader", Troy (better known as Tron) (Andrew Sparacino) gets them jobs in Fort McMurray. Flush with money and confidence, Terry starts dating Trish (Terra Hazelton), a waitress at the local strip bar. Dean plays up the part of the cancer survivor, and decides to defraud Workers’ Compensation. When Terry moves in with Trish, Dean does his best to save his friend from trading into a domestic lifestyle.

Preceding Fubar II is Jerome Sable’s short "The Legend of Beaver Dam", a riotous rock ‘n’ roll horror comedy hybrid with Sean Cullen.