Sonny Randhawa

The Filers applied for exemptive relief from the cover requirements in sections 2.8(1)(d) and 2.8(1)(f)(i) of National Instrument 81-102.

The relief sought to permit the Frontiers Canadian Fixed Income Pool to use put options or short future positions to cover long future, forward, or swap positions.

The principal regulator granted the requested relief, subject to conditions ensuring adequate cash cover and risk management oversight.

The applicant, First Asset Investment Management Inc., applied on behalf of the First Asset Morningstar Emerging Markets Composite Bond Index ETF for exemptive relief from sections 2.1(1), 2.5(2)(a), and 2.5(2)(c) of National Instrument 81-102.

The relief was sought to permit the exchange-traded mutual fund to enter into forward purchase and sale agreements to gain 100% exposure to the portfolio of a reference fund, which is not subject to NI 81-101 or NI 81-102 and is not qualified for distribution in the same jurisdictions.

The Ontario Securities Commission granted the requested exemption, subject to conditions including that the reference fund operates in accordance with NI 81-102 and its securities are distributed only to the counterparty under the forward agreement.

The Manager applied for exemptive relief on behalf of the Trust from the investment restrictions in Subsections 2.3(e) and (f) of National Instrument 81-102 Mutual Funds.

The relief was sought to permit the Trust to invest up to 100% of its net assets in gold coins.

The Principal Regulator granted the exemptive relief, provided that the Trust's final prospectus contains disclosure regarding the unique risks associated with direct purchases of gold coins.

The Manager applied for exemptive relief under National Instrument 81-102 to approve the mergers of several terminating mutual funds into continuing funds.

The mergers did not meet all pre-approval criteria because certain funds lacked substantially similar investment objectives or fee structures, some were not tax-deferred transactions, and certain prospectus delivery requirements were not met.

The Ontario Securities Commission granted the requested relief, finding that securityholders were provided with timely and adequate disclosure and that the mergers would achieve a fair and reasonable result.

RBC Global Asset Management Inc. applied for exemptive relief on behalf of its mutual funds from certain provisions of National Instrument 81-102.

The requested relief would permit the funds to invest in physical silver, permitted silver certificates, silver derivatives, and certain exchange-traded funds (including leveraged, inverse, and commodity ETFs) that are not index participation units.

The Ontario Securities Commission granted the exemption, subject to conditions limiting the funds' exposure to these investments and requiring the investments to align with the funds' fundamental investment objectives.

The Filers applied to the Ontario Securities Commission for an exemption from the requirement in section 9.2 of National Instrument 81-106 to prepare and file an annual information form.

The flow-through limited partnerships have a short lifespan of approximately two years and do not have a readily available secondary market.

The Commission granted the requested relief, finding that the preparation of an annual information form would not benefit the limited partners and would impose a material financial burden.

The Manager applied for exemptive relief on behalf of the Trust to permit the Trust to invest up to 100% of its net assets in physical platinum and palladium bullion, to appoint the Royal Canadian Mint as custodian and Via Mat International Ltd. as sub-custodian, and to deviate from certain mutual fund requirements regarding purchase and redemption orders, calculation and payment of redemptions, and date of record for distributions.

The Ontario Securities Commission granted the requested relief, subject to conditions including prospectus disclosure of unique risks and specific capitalization requirements for the custodians.

The applicant, Dundee Securities Ltd., applied for exemptive relief from paragraph 13.5(2)(b) of National Instrument 31-103 to permit inter-fund trades between public closed-end funds and pooled funds.

The Ontario Securities Commission granted the relief, subject to conditions including that the trades comply with subsection 6.1(2) of National Instrument 81-107, receive Independent Review Committee approval, and that trades involving exchange-traded securities occur at the last sale price or closing sale price.

The filer, 360 VOX Corporation, applied for exemptive relief from the requirement to include certain financial statements of acquired holding companies in its business acquisition report (BAR).

The Ontario Securities Commission granted the relief, provided the BAR includes the financial statements of the underlying operating entity and the pro forma financial statements of the filer after giving effect to the acquisition.

The applicant sought exemptive relief from the prohibitions in subsections 15.6(a) and (d) of National Instrument 81-102 to permit a closed-end fund converting into a mutual fund to show its pre-conversion past performance in sales communications.

The principal regulator granted the requested relief, noting that the fund had complied with the investment restrictions of NI 81-102 except with respect to short selling and a temporary non-material investment in ETFs, and that the fund currently has relief to short sell securities.

The applicant sought exemptive relief under National Instrument 81-102 to allow a change of control of the manager of the Lincluden Balanced Fund and to abridge the required 60-day unitholder notice period to 37 days.

The transaction involved the acquisition of the existing manager's business by a new entity with the same personnel.

The Ontario Securities Commission granted the relief, provided no changes to the management, administration, or portfolio management of the fund are initiated for at least 60 days following the notice.

The Manager applied on behalf of the Filer for exemptive relief under National Instrument 81-102 to permit the consolidation of assets of several series of Class A shares into a single consolidated pool.

Approval was required because the Filer did not have a current prospectus, failing to meet the criteria for pre-approved reorganizations.

The Ontario Securities Commission granted the requested exemption, noting that shareholders received adequate disclosure and approved the consolidation.

The applicant, RBC Global Asset Management Inc., applied for exemptive relief from various provisions of National Instrument 81-102 Mutual Funds.

The relief sought included exemptions from the multi-layering prohibition to permit mutual funds to invest in underlying mutual funds that obtain exposure to reference mutual funds through forward agreements.

Relief was also sought from seed capital requirements and certain securities lending restrictions to permit the funds to lend up to 100% of their equity portfolios and use an agent other than their custodian.

The Ontario Securities Commission granted the requested relief, subject to specific conditions regarding collateral, security interests, and the appointment of acceptable lending agents.

Mackenzie Financial Corporation applied on behalf of the Laurentian Funds for exemptive relief under Part 6 of National Instrument 81-101.

The applicant sought an exemption from General Instruction 8 to Form 81-101F3, which prohibits including unprescribed information, to allow the inclusion of fund codes in the Fund Facts document.

The Director of the Ontario Securities Commission granted the requested exemption, to be evidenced by the issuance of a receipt for the Laurentian Funds' prospectus.

The applicant applied to the Ontario Securities Commission for exemptive relief to extend the lapse date of the simplified prospectus and annual information form for several existing mutual funds.

The extension was requested to allow sufficient time to add new funds and new series of securities to the renewal prospectus.

The Commission granted the requested relief, finding that the extension would not affect the accuracy of the current prospectus and would not be prejudicial to the public interest.

Canadian Imperial Bank of Commerce applied on behalf of Imperial Pools for exemptive relief under Part 6 of National Instrument 81-101.

The applicant sought an exemption from General Instruction 8 to Form 81-101F3, which prohibits including non-prescribed information, to allow the inclusion of fund codes in the Fund Facts document.

The Manager of the Investment Funds Branch granted the requested exemption.

The Filer applied for exemptive relief from the requirement to include financial statement disclosure in a business acquisition report relating to certain transferred assets.

The Filer was unable to produce audited combined financial statements because the assets were previously operated by a bankrupt entity, and the Filer lacked access to the necessary historical accounting records and management representations.

The Ontario Securities Commission granted the relief, subject to conditions including the provision of alternative financial information such as appraisals and monthly operating reports.