David Surat

The applicant, John Deere Canada Funding Inc., applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

The applicant demonstrated 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 applicant met the test under the securities legislation and granted the order.

The Issuer, Tony G Co-Investment Holdings Ltd., applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on June 6, 2022.

The Issuer had failed to file required annual and interim continuous disclosure materials due to financial hardship.

Having subsequently filed all outstanding documents, paid all fees, and provided written undertakings regarding future corporate actions, the Principal Regulator was satisfied that the test for revocation was met.

The cease trade order was revoked.

The applicant applied to the Ontario Securities Commission for an order under subsection 1(6) of the Business Corporations Act to be deemed to have ceased offering its securities to the public.

The Commission noted that the applicant had previously been granted an order declaring it is not a reporting issuer in Ontario or any other Canadian jurisdiction.

Finding that granting the order would not be prejudicial to the public interest, the Commission granted the application.

The Filer applied for exemptive relief from the prospectus requirement for the distribution of contracts for difference (CFDs) and over-the-counter foreign exchange contracts to investors in Ontario and other applicable jurisdictions.

The Principal Regulator granted the relief, subject to conditions including that the Filer remains registered as an investment dealer, complies with New SRO rules, and provides clients with a clear risk disclosure document prior to their first transaction.

Summit Industrial Income REIT applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

The applicant 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, satisfied that the statutory test was met, granted the requested order.

The applicant applied to the Ontario Securities Commission for exemptive relief to continue being treated as a 'venture issuer' under Canadian securities legislation, despite listing its depositary receipts on the NASDAQ First North Growth Market in Iceland.

The Commission granted the relief, finding that the First North Exchange is a junior market with less onerous requirements than the TSX Venture Exchange, subject to conditions including that the applicant continues to comply with venture issuer requirements and maintains its TSXV listing.

The Issuer applied to the Ontario Securities Commission for a revocation of a failure-to-file cease trade order and an order declaring that it has ceased to be a reporting issuer.

The Issuer had undergone a corporate reorganization under the Bankruptcy and Insolvency Act, resulting in its securities being delisted and held by only three securityholders.

The Commission granted the requested orders, finding that the statutory tests were met.

Brookfield Asset Management Ltd. applied to the Ontario Securities Commission for exemptive relief from the restricted security disclosure requirements in NI 41-101, NI 51-102, and OSC Rule 56-501.

The applicant sought permission to refer to its Class A, Class B, and Special Limited Voting Shares using the term 'limited voting shares' rather than the prescribed restricted security terms, and to refer to them collectively as 'common equity' in certain financial contexts.

The Commission granted the requested exemptions, subject to conditions ensuring consistent disclosure and the eventual removal of the transitory Special Limited Voting Shares.

The Filers applied for exemptive relief from various continuous disclosure, certification, insider reporting, audit committee, and short form prospectus qualification requirements under Ontario securities legislation.

The relief was sought to accommodate a corporate arrangement and delisting, allowing the Debt Issuer and Pref Issuer to issue securities guaranteed by Brookfield Property Partners.

The Ontario Securities Commission granted the requested exemptions, subject to specific conditions regarding financial reporting, corporate governance, and prospectus disclosure, and revoked a prior 2018 decision.