Michael Brown

The Applicant, Griffiths McBurney L.P., applied for a decision under the securities legislation of multiple jurisdictions that it is not a reporting issuer.

The Ontario Securities Commission granted the requested relief, noting that the Applicant's outstanding securities are beneficially owned by fewer than 51 security holders in Canada and are not traded on a marketplace.

The Applicant, Certicom Corp., applied for a decision under the securities legislation of multiple Canadian jurisdictions that it is no longer a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and that its securities are not traded on a marketplace.

The Ontario Securities Commission granted the application, ordering that the Applicant is not a reporting issuer.

The Applicant, Quetzal Energy Inc., applied to the Ontario Securities Commission and the Alberta Securities Commission for a decision that it is no longer a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and that its securities are not traded on a marketplace.

The Decision Makers were satisfied that the statutory test was met and ordered that the Applicant is not a reporting issuer.

The applicants, Canadian Imperial Bank of Commerce and CIBC Capital Trust, applied for exemptive relief from continuous disclosure and certification requirements under National Instrument 51-102 and National Instrument 52-109.

The Trust was established to effect offerings of trust securities to provide the Bank with a cost-effective means of raising capital.

The Ontario Securities Commission granted the exemption, finding that the meaningful information to public holders of the trust securities is information with respect to the Bank, rather than the Trust, subject to certain conditions.

The Canadian Imperial Bank of Commerce and CIBC Capital Trust applied for an order exempting the Trust from paying participation fees under OSC Rule 13-502.

The Trust did not technically qualify as a 'subsidiary entity' under Canadian GAAP, preventing it from relying on the standard exemption.

The Commission granted the exemption on the condition that the Bank includes the Trust's capitalization in its own fee calculation and continues to satisfy continuous disclosure exemption conditions.

The Applicant, Maritime Life Canadian Funding, applied to the securities regulatory authorities in multiple jurisdictions for a decision that it is not a reporting issuer.

The Decision Makers were satisfied that the Applicant met the criteria, including having fewer than 51 security holders in Canada and no securities traded on a marketplace.

The application was granted, and the Applicant was ordered to no longer be a reporting issuer.

The Applicant, Med-Emerg International Ltd., applied to the securities regulatory authorities in Alberta, Ontario, and Québec for a decision that it is no longer a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, its securities are not traded on a marketplace, and it is not in default of its obligations.

The Ontario Securities Commission granted the requested relief, ordering that the Applicant is not a reporting issuer.

The Applicant applied for a decision under the securities legislation of multiple Canadian jurisdictions that it is no longer a reporting issuer.

The decision maker found that the Applicant met the requirements, as its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and its securities are not traded on a marketplace.

The application was granted, and the Applicant was ordered to no longer be a reporting issuer.

The Applicant, InStorage Real Estate Investment Trust, applied to the Ontario Securities Commission and other jurisdictions for a decision that it is not a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 51 security holders in Canada and are not traded on a marketplace.

The decision maker was satisfied that the statutory test was met and ordered that the Applicant is not a reporting issuer.

The Applicant, Leader Capital Corp., applied to the Ontario Securities Commission and the Alberta Securities Commission for a decision that it is no longer a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, its securities are not traded on a marketplace, and it is not in default of any obligations under securities legislation.

The Decision Makers were satisfied that the statutory tests were met and ordered that the Applicant is not a reporting issuer.

The Applicant applied for a decision under the securities legislation of multiple Canadian jurisdictions that it is no longer a reporting issuer.

The Ontario Securities Commission granted the application, finding that the Applicant's outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and that its securities are not traded on a marketplace.

The Applicant, Pan African Mining Corp., applied to the Ontario Securities Commission for a decision that it is no longer a reporting issuer.

The Commission granted the requested relief, noting that the Applicant's outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction in Canada and fewer than 51 in total, and its securities are not traded on a marketplace.

The Applicant applied for a decision under the securities legislation of Alberta, Ontario, and Quebec that it is no longer a reporting issuer.

The Decision Makers were satisfied that the Applicant met the test, as its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and its securities are not traded on a marketplace.

The application was granted.

DragonWave Inc. applied for consent to amend an existing escrow agreement under National Policy 46-201.

The amendment requested that two securityholders, Wesley Clover Corporation and Wesley Clover International Corporation, both controlled by the same individual, be treated as a single entity for the purposes of releasing securities from escrow.

The Ontario Securities Commission, acting as the principal regulator, granted the requested relief, allowing the two entities to be treated as a single entity for escrow release purposes.

The Applicant applied for a decision under the securities legislation of Ontario and Alberta that it is not a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction in Canada and fewer than 51 in total, and its securities are not traded on a marketplace.

The Decision Makers were satisfied that the statutory test was met and ordered that the Applicant is not a reporting issuer.

Medical Facilities Corporation applied for exemptive relief to use an Adjusted Income from Continuing Operations Test instead of the standard income test under Part 8 of National Instrument 51-102 for a recent acquisition.

The standard test produced an anomalous result due to the applicant's income participating securities structure.

The Ontario Securities Commission granted the relief, noting that the adjusted test provided a more realistic indication of the acquisition's significance.