Judith Robertson

The applicant, a U.S. public company, applied for exemptive relief from the prospectus and dealer registration requirements of the Securities Act in connection with a spin-off transaction.

The transaction involved the distribution of shares, options, and restricted stock units of its subsidiary to Canadian shareholders and employees.

The Ontario Securities Commission granted the requested relief, noting that the applicant has a de minimis presence in Canada and the distributions required no investment decision from Canadian shareholders.

The Filer, on behalf of a newly formed real estate investment trust and a corporation, applied for exemptive relief from various continuous disclosure, corporate governance, certification, and prospectus requirements under Ontario securities legislation.

The relief was sought in connection with a proposed reorganization into a 'stapled unit' structure, where units of the trust and the corporation would trade together.

The Ontario Securities Commission granted the requested exemptions, subject to several conditions, including that the entities file combined financial statements and that the units remain stapled.

The Filer applied on behalf of itself and two newly formed limited partnerships for exemptive relief from continuous disclosure, certification, audit committee, corporate governance, and insider reporting requirements under various National Instruments.

The application was made in connection with a conversion transaction to a stapled unit real estate investment trust structure.

The Ontario Securities Commission granted the requested exemptions, subject to conditions including that the stapled structure remains in place and the entities comply with modified credit support issuer conditions.

The Commission also granted an order designating the two limited partnerships as reporting issuers in Ontario.

The Filer applied for exemptive relief from the mutual fund self-dealing restrictions in the Securities Act (Ontario) and the conflicts of interest provisions in National Instrument 31-103.

The relief was sought to allow pooled funds managed by the Filer to invest in securities of underlying funds under common management.

The Ontario Securities Commission granted the requested relief, subject to certain conditions including disclosure requirements and prohibitions on duplicative fees.

The Filer applied for an order exempting the Issuer, a limited partnership, from continuous disclosure, certification, and insider reporting requirements.

The Filer could not rely on the standard exemption for credit support issuers because the Issuer is a limited partnership, not a corporate subsidiary, and the guarantees provided were joint rather than joint and several.

The Ontario Securities Commission granted the requested relief on the condition that the Filer provide a full and unconditional guarantee of the Issuer's notes and comply with conditions substantially analogous to those in section 13.4 of National Instrument 51-102.

The Filer, Peregrine Metals Ltd., applied for a decision under the securities legislation of multiple jurisdictions to be deemed to have ceased to be a reporting issuer.

Following a plan of arrangement, all of the Filer's outstanding shares were acquired by Stillwater Mining Company.

The Filer's securities are no longer traded on a marketplace and are beneficially owned by fewer than 51 security holders in Canada.

The Ontario Securities Commission, acting as principal regulator, granted the requested exemptive relief.

The applicant, Texada Software Inc., inadvertently filed draft interim financial statements and management's discussion and analysis on SEDAR that contained confidential auditor comments.

The applicant sought a decision under s. 140(2) of the Securities Act to hold the inadvertently filed documents in confidence for an indefinite period.

The Ontario Securities Commission granted the requested exemptive relief, finding that the confidential information was not material to investors and its disclosure would prejudice the applicant by breaching its engagement terms with its auditor.

The applicant applied for a decision under the securities legislation of multiple jurisdictions to be deemed to cease to be a reporting issuer.

Following a plan of arrangement and amalgamation, the applicant's outstanding securities were beneficially owned by fewer than 51 security holders worldwide, and its securities were no longer traded on any marketplace.

The Ontario Securities Commission, acting as principal regulator, granted the requested exemptive relief.

The Filer applied for exemptive relief from the conflict of interest reporting requirements under subsection 117(1)(a) of the Securities Act regarding transactions in mortgages between the Fund and related entities.

The Ontario Securities Commission granted the relief, exempting the Filer from monthly reporting obligations, provided that similar disclosure is made in the management reports of fund performance and that specific records of related party portfolio transactions are maintained.

The filer, Russell Investments Canada Limited, applied to the Ontario Securities Commission for exemptive relief from the conflict of interest reporting requirement under subsection 117(1)(c) of the Securities Act.

The requirement mandates monthly reporting of mutual fund portfolio transactions executed through a related party.

The filer sought relief for transactions executed through its related broker-dealer, Russell Implementation Services Inc. The Commission granted the requested relief, provided that similar disclosure is made in the management reports of fund performance for each mutual fund and that specific records of related party portfolio transactions are maintained by the funds.