David Surat

Mercer Park Opportunities Corp. applied to the Ontario Securities Commission for an order declaring that it has ceased to be a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The Commission found that the Filer met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and granted the requested order.

The Filer applied for exemptive relief from certain continuous disclosure, formal valuation, and minority approval requirements applicable to non-venture issuers.

The Filer sought to list its debentures on the Qualified Investor Bond Market of The International Stock Exchange, which would otherwise trigger non-venture issuer obligations.

The principal regulator granted the relief, permitting the Filer to continue complying with venture issuer requirements, subject to conditions including that the debentures only be offered to qualified investors.

Brookfield Corporation Ltd. applied for exemptive relief from certain prospectus and continuous disclosure requirements under NI 41-101, NI 51-102, and OSC Rule 56-501 regarding the use of restricted security terms for its Class A, Class B, and Class E shares.

The applicant also sought relief from the requirement to obtain majority minority approval prior to distributing Class A shares under a prospectus.

The Ontario Securities Commission granted the requested relief, subject to conditions including that the applicant obtain combined approval at the relevant shareholder meetings and include specific disclosure in its prospectuses and continuous disclosure documents.

The Filer, Veterinary Purchasing Company Limited, applied to the Ontario Securities Commission for exemptive relief from the prospectus requirement for issuing common shares to licensed veterinarians across Canada.

The Filer operates as a centralized buying group for veterinary clinics.

The Commission granted the requested relief, revoking a previous 1987 ruling, subject to conditions including the delivery of financial statements and restrictions on share transferability.

The applicant issuer applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order (FFCTO).

The issuer sought the partial revocation to conduct a non-brokered private placement offering to raise up to $2.76 million for short-term working capital and to fund expenses, including the audit of its financial statements.

The Commission granted the partial revocation order, permitting trades necessary for the private placement, subject to conditions including obtaining acknowledgements from subscribers that the securities remain subject to the FFCTO until a full revocation order is granted.

The Filer, Brookfield Business Holdings Corporation, applied to the Ontario Securities Commission for an order declaring that it has ceased to be a reporting issuer in all applicable Canadian jurisdictions.

The Filer represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and that its securities are not traded on any marketplace.

The principal regulator found that the statutory test was met and granted the requested order.

The Filer, Brookfield Business Partners L.P., applied to the Ontario Securities Commission for an order under the securities legislation that it has ceased to be a reporting issuer in all jurisdictions of Canada in which it is a reporting issuer.

The Filer represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each jurisdiction of Canada and fewer than 51 worldwide, and that its securities are not traded on any marketplace.

The principal regulator was satisfied that the test under the legislation was met and granted the requested order.

The Issuer applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order (FFCTO) issued due to unfiled continuous disclosure documents.

The Issuer sought the partial revocation to conduct a private placement offering of units for up to $2,000,000.

The proceeds would be used to pay outstanding fees, prepare the unfiled documents, and apply for a full revocation of the FFCTO.

The Commission granted the partial revocation order, permitting trades necessary for the private placement, subject to conditions including providing investors with a copy of the FFCTO and obtaining written acknowledgements.

Titanium Transportation Group Inc. applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

Following a plan of arrangement and amalgamation, the Filer's common shares were delisted from the TSX and OTCQX.

The Filer's shares are now held by a parent company and rollover shareholders subject to private company transfer restrictions.

The principal regulator granted the order, finding the Filer met the requirements to cease being a reporting issuer.

The Filer, TRUBAR Inc., applied to the Ontario Securities Commission for an order to cease to be a reporting issuer in all jurisdictions of Canada where it is a reporting issuer.

The Filer represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and its securities are not traded on any marketplace.

The principal regulator granted the order, finding that the Filer met the test set out in the legislation.

The Filer, Brookfield Property Preferred Equity Inc., applied to the Ontario Securities Commission for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada.

The principal regulator found that the Filer met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and granted the order.

The Filer applied to the Ontario Securities Commission for an order declaring that it has ceased to be a reporting issuer in all applicable Canadian jurisdictions.

The principal regulator found that the Filer met the statutory test, noting that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and that its securities are not traded on any marketplace.

The application was granted.

Bitfarms Ltd. applied for exemptive relief from the requirement that an issuer must not have been subject to a cease trade order for more than 30 consecutive days in the preceding three years to be eligible for the well-known seasoned issuer (WKSI) regime under National Instrument 44-102.

The Filer had been subject to a cease trade order regarding its shareholder rights plan, which was adopted in response to a hostile takeover bid.

The Ontario Securities Commission granted the exemption, subject to conditions, noting that the cease trade order was limited in scope and did not arise from continuous disclosure or financial reporting deficiencies.

The Filer, Dream Residential Real Estate Investment Trust, applied for an order to cease being a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The Filer represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and that its securities are not traded on any marketplace.

The principal regulator, the Ontario Securities Commission, found that the test under the securities legislation was met and granted the requested order.

Brookfield Business Partners L.P. applied for exemptive relief from the requirement in section 12.3 of National Instrument 41-101 to obtain majority approval of securityholders on a class basis prior to distributing restricted securities under a prospectus.

The relief was sought in connection with a corporate reorganization where a newly formed corporation would replace the applicant as a reporting issuer.

The Ontario Securities Commission granted the requested relief, conditional upon obtaining combined approval at the securityholder meetings and providing specific disclosure in the first prospectus.

The Servicer, on behalf of the Filer, applied to the Ontario Securities Commission for exemptive relief from various requirements under the Securities Act and related National Instruments, including adviser registration, underwriter's certificate, prospectus lapse date, interim financial reporting, and insider reporting requirements.

The relief was sought in connection with the continuous offering of QCAD Tokens, a fiat-backed crypto asset pegged to the Canadian dollar.

The Commission granted the requested relief, subject to several conditions, including that the Filer maintain a reserve of assets equal to the outstanding tokens, hold the assets with a Canadian custodian, and file monthly attestations regarding the reserve assets.

The Filer, International Royalty Corporation, applied for an order to cease to be a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The Filer represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and that its securities are not traded on any marketplace.

The Ontario Securities Commission, acting as the principal regulator, granted the order.

The Filers applied to the Ontario Securities Commission for exemptive relief from certain prospectus and continuous disclosure requirements under National Instrument 44-101, National Instrument 44-102, and the Securities Act.

The relief was sought to allow the Filers to file a short form prospectus to renew the CARS and PARS Programme and offer Strip Securities derived from Underlying Obligations purchased on the secondary market.

The Commission granted the requested exemptions, subject to conditions including that the Underlying Obligations were previously qualified for distribution and that the relevant Underlying Issuer is eligible to file a short form prospectus.

The Canadian Imperial Bank of Commerce applied to the Ontario Securities Commission for exemptive relief from various prospectus, delivery, and underwriting requirements in connection with the continuous distribution of Canadian Depositary Receipts (CDRs).

The relief sought included exemptions from the prospectus delivery requirement, pricing requirements, underwriter's certificate requirement, and certain continuous disclosure delivery requirements.

The Commission granted the requested relief, subject to numerous conditions including enhanced continuous disclosure obligations, specific custodial arrangements, and adherence to CDR issuance standards for underlying shares of issuers in permitted global jurisdictions.

The Filer applied to the Ontario Securities Commission for a decision exempting it from the prospectus requirement for the distribution of contracts for difference (CFDs) and over-the-counter foreign exchange contracts to investors in applicable jurisdictions.

The Filer is a registered investment dealer and member of CIRO, and operates a proprietary online trading platform.

The Commission granted the requested relief, subject to conditions including that the Filer remain registered, comply with CIRO rules, provide risk disclosure documents to clients, and report material changes.