Sonny Randhawa

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

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

The Filers applied to the Ontario Securities Commission for exemptive relief from the prospectus delivery requirement, prospectus form requirements, withdrawal right, and right of action for non-delivery in connection with at-the-market distributions of common shares.

The Commission granted the requested relief, subject to conditions including that the distributions not exceed 10% of the aggregate market value of the outstanding common shares and that daily sales not exceed 25% of the trading volume.

The Commission also granted a request for confidentiality until the earlier of the execution of the equity distribution agreement, a notice that confidentiality is no longer needed, or 90 days after the decision.

The Applicant applied to the securities regulatory authorities in multiple jurisdictions 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 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and its securities are not traded on any marketplace.

The Ontario Securities Commission granted the application and ordered that the Applicant is not a reporting issuer.

Element Financial Corporation applied for an exemption from the financial statement requirements in Section 8.4 of National Instrument 51-102 for a business acquisition report regarding its acquisition of railcars and leases.

The Ontario Securities Commission granted the exemption, permitting the filer to provide alternative financial information instead of historical financial statements, as the historical statements were unavailable and would not be relevant to investors.

The Filers applied to the Ontario Securities Commission to vary a prior exemptive relief decision.

The prior decision restricted Granite GP from issuing securities other than common shares and certain other specified securities.

The Filers sought to vary the decision to permit Granite GP to issue subscription receipts, warrants, rights, or other securities convertible into common shares that will form stapled units, in accordance with their support agreement.

The Commission granted the requested relief, varying the prior decision.

Element Financial Corporation applied for an exemption from the requirement to file a business acquisition report (BAR) under Part 8 of National Instrument 51-102 in connection with its acquisition of a portfolio of helicopter lease and loan arrangements.

The applicant argued that while the acquisition triggered the 'profit or loss test' for a significant acquisition, it did not trigger the 'asset test' or 'investment test', and the profit or loss test produced an anomalous result that exaggerated the acquisition's significance.

The Ontario Securities Commission granted the requested exemptive relief.

The Applicant applied to the securities regulatory authorities in Ontario, Alberta, and Manitoba 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 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and its securities are not traded on any marketplace.

The Ontario Securities Commission granted the application, deeming the Applicant to have ceased to be a reporting issuer.

The Filer, CT Real Estate Investment Trust, applied for exemptive relief from the requirement to file a business acquisition report (BAR) under Part 8 of National Instrument 51-102 in respect of its proposed acquisition of the Burlington Property.

The acquisition triggered the significance tests due to the Filer's pre-IPO financial statements reflecting nominal assets.

Using post-IPO financial metrics, the acquisition was de minimis and not significant from a practical, commercial, business, or financial perspective.

The principal regulator granted the requested exemption and the request for confidentiality.

The Filer applied for exemptive relief from the requirement under section 8.4 of National Instrument 51-102 to include certain historical financial statements in a business acquisition report.

The Filer had acquired properties but was unable to obtain the necessary historical accounting records for one of the properties despite making every reasonable effort.

The Ontario Securities Commission granted the requested relief, subject to the condition that the Filer include alternative specified financial statements in the report.

The applicant real estate investment trust applied for exemptive relief from the requirement to file a business acquisition report under Part 8 of National Instrument 51-102 following its initial public offering.

The applicant argued that applying the significance tests using its pre-IPO financial statements produced anomalous results, and that the acquisition was not significant from a practical, commercial, business, or financial perspective.

The principal regulator granted the requested exemption.

The Filer, Dundee Industrial Limited Partnership, applied for exemptive relief from continuous disclosure and certification requirements under National Instruments 51-102 and 52-109.

The Filer proposed a corporate reorganization that would result in it becoming a reporting issuer by virtue of becoming a co-obligor for convertible debentures.

The principal regulator granted the requested exemptions, subject to several conditions, including that the Filer's parent entity continues to provide a full and unconditional guarantee of the debentures and that the Filer does not issue other securities except as specified.

The applicant, a reporting issuer, applied for exemptive relief from continuous disclosure, certification, and audit committee requirements under the applicable securities legislation and the Business Corporations Act.

The applicant proposed a reorganization that would result in it no longer satisfying the conditions of a previous exemptive relief decision regarding its credit support issuer structure.

The Ontario Securities Commission granted the requested exemptions, subject to several conditions, including that the parent real estate investment trust continues to beneficially own all voting securities and provides a full and unconditional guarantee of the applicant's convertible debentures.

The Filer, an SEC foreign issuer, applied for exemptive relief on behalf of its wholly-owned indirect subsidiary, the Issuer, to allow the Issuer to issue debt securities guaranteed by the Filer without complying with continuous disclosure, certification, insider reporting, audit committee, and corporate governance requirements.

The Ontario Securities Commission granted the relief, subject to conditions, including that the Filer continues to comply with U.S. foreign private issuer disclosure regimes and files material change reports for events not reported on SEC Form 6-K.

The applicant, a real estate investment trust, applied for exemptive relief from the requirement to file a business acquisition report under Part 8 of National Instrument 51-102 for two recent property acquisitions.

The applicant argued that the acquisitions were not significant from a practical, commercial, business, or financial perspective, and that the required significance tests produced anomalous results due to its short operating history.

The Ontario Securities Commission granted the requested exemption.

The Filer, Gazit-Globe Ltd., applied for an exemption from the requirement under National Instrument 44-101 to incorporate by reference certain Non-Incorporated Exhibits into a short form prospectus.

The Filer argued that incorporating these lengthy exhibits, which are attached to its Form 20-F, would impose a disproportionately burdensome translation obligation under Quebec securities law.

The Principal Regulator granted the requested relief, provided the Filer complies with specified conditions, including filing the exhibits on SEDAR and disclosing the exemption in its prospectus.

Sandstorm Gold Ltd. and its wholly-owned subsidiary, Premier Royalty Inc., applied for exemptive relief from continuous disclosure, certification, and insider reporting requirements for Premier.

Following a plan of arrangement, Premier became a wholly-owned subsidiary of Sandstorm, with its outstanding warrants and options exercisable into Sandstorm shares.

The Ontario Securities Commission granted the requested exemptions, subject to conditions including that Sandstorm remains a reporting issuer, files its continuous disclosure documents, and concurrently sends relevant disclosure materials to Premier's warrantholders and optionholders.

The Filer, a real estate investment trust, applied for exemptive relief from the requirement to file a business acquisition report (BAR) under Part 8 of National Instrument 51-102 in respect of an indirect acquisition of an industrial property.

The Filer argued that the acquisition was not significant from a practical or commercial perspective, and that applying the standard significance tests produced anomalous results due to the Filer's recent formation and lack of historical financial statements.

The Ontario Securities Commission granted the requested exemptive relief.

The Filer, Granite REIT Holdings Limited Partnership, applied for exemptive relief from the short form prospectus and shelf prospectus eligibility requirements under NI 44-101 and NI 44-102.

The Filer sought to distribute debt securities guaranteed by its parent entities, Granite REIT and Granite GP, while relying on previously granted continuous disclosure relief.

The Ontario Securities Commission granted the requested exemptions, subject to the condition that the Filer continue to comply with the conditions of its continuous disclosure relief and that the parent entities' stapled units remain listed on a short form eligible exchange.

Confidentiality relief was also granted for a limited period.

The Filer, DIR Industrial Properties Inc., applied to the Ontario Securities Commission for exemptive relief from continuous disclosure, certification, corporate governance, and audit committee requirements under various National Instruments and the Business Corporations Act.

The Filer sought to implement a credit support issuer structure following an amalgamation but could not rely on the standard exemption because its convertible debentures and warrants did not convert immediately into securities of the credit supporter.

The Commission granted the requested relief, subject to conditions including that the Filer not issue other securities and that the credit supporter continue to provide a full and unconditional guarantee.

Halo Resources Ltd. applied for a decision under the securities legislation of Ontario, Alberta, Saskatchewan, Manitoba, and Quebec that it is no longer a reporting issuer.

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 its securities are not traded on any marketplace.

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