Enterprise Rent-A-Car Canada Limited v. Municipal Property Assessment Corporation, 2015 CanLII 101409

Assessment Review Board

Commission de révision de l’évaluation foncière

ISSUE DATE:

December 17, 2015

FILE NO.:

DM 136837A

AMENDED DECISION ISSUED ON: August 3, 2016

Moving Party(ies):

Enterprise Rent-A-Car Canada Limited, National Car Rental (Canada) Inc., Aviscar Inc., Avis Budget Car Rental LLC., Budget Car Rentals Toronto and Budget Car Inc.

Respondent(s):

Municipal Property Assessment Corporation (“MPAC”), Region 15

Respondent(s):

City of Mississauga and The Greater Toronto Airports Authority

Property Location(s):

See Schedule “A”

Municipality(ies):

City of Mississauga

Roll Number(s):

See Schedule “A”

Appeal Number(s):

See Schedule “A”

Taxation Year(s):

See Schedule “A”

Hearing Event No.:

593530

Legislative Authority:

Sections 33 and 40 of the Assessment Act, R.S.O. 1990, c. A.31, as amended

Heard:

November 4, 2015 in Mississauga, Ontario

APPEARANCES:

Parties

Counsel/Representative+

Enterprise Rent-A-Car Canada Limited, National Car Rental (Canada) Inc., Aviscar Inc., Avis Budget Car Rental LLC., Budget Car Rentals Toronto and Budget Car Inc.

D. Fleet

MPAC

M. VanBerkum

City of Mississauga

B. Teichman

Amended pursuant to Rule 130 of the Assessment Review Board’s Rules of Practice and Procedure, effective

January 4, 2016

The Greater Toronto Airports Authority

R. Ford King+

Omers Realty Management Corporation

P. Sanford

Ontrea Inc., CF/TEC Holdings Inc. and CF/Realty Holdings Inc.

J. Cowan

DISPOSITION OF THE BOARD DELIVERED BY SUSAN F. MATHER AND CATHERINE ROBERTS

DISPOSITION OF MOTION

Upon hearing the submissions of counsel for the Moving Parties/Appellants, MPAC, the City, the GTAA, Omers Realty Management Corporation, Ontrea Inc., CF/TEC Holdings Inc. and CF/Realty Holdings Inc. the Board hereby orders on consent of the parties:

1MPAC following receipt by it and the persons listed on Attachment “A” to each of Schedule “C” and Schedule “D” hereto of executed Undertakings of Confidentiality from legal counsel and consultants, except from the GTAA’s legal counsel and consultant, shall produce to legal counsel and consultants for the Moving Party/Appellant by March 31, 2016:

a. all income and expense information from the years 2004-2011 that has been provided to MPAC in order to determine the 2003, 2005 and 2008 base year current value assessments for 2004-2011 taxation;

b. all leases, rent rolls and operating statements from the years 2002-2012 that have been provided to MPAC in order to determine, or which may be relied upon to defend, the 2003, 2005 and 2008 base year current value assessments for 2004-2011 taxation;

Amended pursuant to Rule 130 of the Assessment Review Board’s Rules of Practice and Procedure, effective

January 4, 2016

c. all rental analyses prepared by MPAC of the information provided in subparagraphs (a) and (b) for the purposes of determining the 2003, 2005 and 2008 base year current value assessments for 2004-2011 taxation, including, but not limited to, all results of operation and pro forma valuations prepared by MPAC;

d. all other documents or information in the possession of MPAC that are relevant to the determination of the 2003, 2005 and 2008 base year current value assessments for 2004-2011 taxation, including, but not limited to, documents and information respecting the property assessment and valuation, building dimensions, leased areas, sales information, Summaries of Multi-Type Complex Valuations (“MTCV”), information contained in the tenant information program (“TIPS”), and any information that would normally be provided in the context of guidelines for the release of assessment data (“GRAD”), and freedom of information (“FOI”) requests;

2For greater clarity, MPAC shall produce the confidential information referred to in paragraph 1 above in the following manner:

(i) Counsel for the Moving Parties/Appellants and counsel for the City shall get copies of the material related to all of the properties noted in Schedule “B”;

(ii) Counsel for the owners of the five (5) regional shopping centres listed in Schedule “B” shall receive copies of the material regarding the shopping centres only;

(iii) Counsel for the Greater Toronto Airport Authority shall get copies of the material related to Pearson International Airport only without being required to provide any confidentiality undertaking.

Amended pursuant to Rule 130 of the Assessment Review Board’s Rules of Practice and Procedure, effective

January 4, 2016

3MPAC shall produce electronic copies of all market and file information and documentation with respect to the properties listed in Schedule “B” on a USB stick together with an accompanying electronic document index, both in searchable format. Two USB sticks shall be provided to counsel, with one to be delivered by that counsel to the consultant from whom a confidentiality undertaking has been provided. All affected counsel shall arrange for pick-up of the USB stick upon notification by MPAC’s counsel.

4The obligation of MPAC to make production pursuant to this order arises only where confidentiality undertakings in the forms attached as Schedules “C” and ”D”, completed and executed by the counsel and consultants to whom that material is to be delivered, is received by MPAC’s counsel. Both electronic and original copies of the Undertakings must be delivered to MPAC’s lawyers. The GTAA’s legal counsel and consultant are not required to provide executed copies of the Confidentiality Undertakings.

5A further prehearing event by telephone conference will be held on May 18, 2016 at 10:00 a.m. Hearing No: 611340

No earlier than five minutes prior to the indicated start time participants to the call must dial one of the following numbers:

From within Toronto:

From outside of Toronto:

416-212-8012

1-866-633-0848

After the conference greeting enter the code: 9814805 #

You will be connected to the call with all other participants. Please remain on the line until the Presiding Member calls the hearing to order.

If experiencing technical difficulties, press ‘*0’ to access the I-Serve operator for assistance.

Amended pursuant to Rule 130 of the Assessment Review Board’s Rules of Practice and Procedure, effective

January 4, 2016

Note: Rule 15 of the Board’s Rules of Practice and Procedure whereby the Board will not proceed with an in-person hearing event for at least 30 minutes after the time given for commencement of the event, will not proceed with a telephone conference call or a video conference call for at least 10 minutes after the time given for commencement of the event, if one or more parties have not yet appeared.

In cases of non-attendance by a party, without reasonable excuse, the Board may proceed to determine the matter or, where it deems appropriate, take steps to dismiss.

6The purpose of the prehearing is to review the status of the appeals and set further procedural dates as required.

“Susan F. Mather”

SUSAN F. MATHER

VICE-CHAIR

“Catherine Roberts”

CATHERINE ROBERTS

MEMBER

COPIES TO: Parties who appeared

Counsel/Representative for Appellant/Moving Parties

Mona El-Alaily – ARB Case Coordinator

Assessment Review Board

A constituent tribunal of Environment and Land Tribunals Ontario

Website: www.elto.gov.on.ca Telephone: 416-212-6349 Toll Free: 1-866-448-2248

Schedule B

Pearson International Airport

c/o Peter Milligan Miller Thomson LLP Scotia Plaza 40 King Street West, Suite 5800 P.O. Box 1011 Toronto, ON M5H 3S1

NUANCE GROUP(CANADA) INC 5925 AIRPORT RD SUITE 300 MISSISSAUGA, ON L4V 1W1 Re: CON 6 EHS PT LOT 5 PEARSON;INTL TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60041 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006

HACHETTE DISTRIBUTION SERVICES (CANADA) INC HACHETTE DISTRIBUTION SERVICES (CANADA) 370 KING ST W FLR 6 TORONTO ON M5V 1J9 RE: CON 6 & 7 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60064 0000 Taxation Year 2012

THE UCS GROUP DIV OF HACHETTE DISTRIBUTION V P REAL ESTATE PO BOX 4078 STN A TORONTO ON M5W 1M5 Re: CON 6 & 7 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60064 0000 Taxation Years 2011, 2010, 2009, 2006, 2004

CARA OPERATIONS LIMITED PO BOX 6031 STN AMF TORONTO MISSISSAUGA ON L5P 1B2 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60067 0000 Taxation Years 2011, 2010, 2009, 2006, 2004

AIR CANADA AIR CANADA (ZIP 1232) C/O MANAGER PO BOX 14000 STN AIRPORT DORVAL, QC H4Y 1H4 Re: CON 6,7 PT LOTS 5 TO 8;PEARSON TERMINALS; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60004 0000 Taxation Years 2009, 2006, 2004

CON 6,7 PT LOTS 5 TO 8;PEARSON TERMINALS; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60074 0000 Taxation Years 2009, 2006, 2004

INFIELD TERMINAL 6120 MIDFIELD RD, Mississauga ON Assessment Roll No. 2105 050 113 60096 0000 Taxation Years 2010, 2009, 2006

TERMINAL 1 - NEW AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60097 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006

HOST INTERNATIONAL OF CANADA LTD 6905 ROCKLEDGE MS 5-3 DR ETHESDA, MD, USA 20817 Re: PEARSON TERMINALS HOST;INTERNATIONAL AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60103 0000 Taxation Years 2015, 2014, 2013, 2012, 2011,

HMS HOST INTERNATIONAL OF CA 45 SHEPPARD AVE E SUITE 306 NORTH YORK ON M2N 5W9 Re: TERMINAL T1NEW AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60103 0000 Taxation Years 2010, 2009, 2006,

HACHETTE DISTRUBUTION SERVICES (CANADA) INC HACHETTE DISTRIBUTION SERVICES (CANADA) 370 KING ST W FLR 6 TORONTO, ON M5V 1J9 Re: HDS RETAIL PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60104 0000 Taxation Years 2015, 2014, 2013, 2012, 2011

HDS RETIAL NORTH AMERICA 370 King ST. W. FLR 6 TORONTO ON M5V 1J9 Re: TERMINAL T1NEW AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60104 0000 Taxation Years 2010, 2009, 2006,

1200688 ONTARIO LTD 12 WINTERSET CRES ETOBICOKE ON M9R 4A2 Re: CON 6 EHS PT 6 LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60001 0000 Taxation Year 2004

94272 CANADA LTD 33 KERN RD NORTH YORK ON M3B 1S9 Re: CON 6 EHS PT 6 LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60002 0000 Taxation Year 2004

AEROFLOT RUSSIAN INTERNATION PO BOX 61 1 QUEEN ST E TORONTO ON M5C 2W5 Re: CON 6 EHS PT LOTS 5,6,7; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60003 0000 Taxation Years 2010, 2009, 2006, 2004,

AIR FRANCE PO BOX 6021 STN TORONTO AMF, MISSISSAUGA ON L5P 1B2 Re: CON 6 EHS PT LOTS 7,8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60005 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

AIR TRANSAT A T INC. 5959 DE LA COTE-VERTU BOUL SAINT-LAURENT QC;H4S 2E6 Re: PEARSON TERMINALS CON 6 EHS;PT OT 5 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60006 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

AIRPORT GROUND TRANSPORTATIO 35 HIGHWAY 5 W DUNDAS ON L9H 7L5 Re: CON 6,7 PT LOTS 5 TO 8;PEARSON TERMINALS; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60007 0000 Taxation Years 2009, 2006, 2004

AIRLINE (MALTON) CREDIT UNION LTD 5955 AIRPORT RD SUITE 120 MISSISSAUGA, ON L4V 1R9 Re: CON 6 & 7 EHS PT LOTS 5 TO 8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60008 0000 Taxation Years 2013, 2012, 2011, 2010, 2009, 2006, 2004

AMERICAN AIRLINES INC TAX DEPT MD 5657 DFW AIRPORT PO BOX 619616 DALLAS TX USA 75261 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60009 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

AVIATION INTERFAITH MINISTRY OF TORONTO PEASON INTERNATIONAL AIRPORT PO BOX 232 STN TORONTO AMF, MISSISSAUGA ON L5P 1B1 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60012 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

B W I A INTERNATIONAL BEE WEE PO BOX STN TORONTO AMF MISSISSAUGA ON L5P 1A2 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60014 0000 Taxation Years 2011, 2010, 2009, 2006, 2004

BRITISH AIRWAYS PLC 6500 SILVERDART DR MISSISSAUGA ON L5P 1B1 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60016 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

BUDGET CAR RENTALS TORONTO LIMITED 5905 CAMPUS RD MISSISSAUGA ON L4V 1P9 Re: CON 6 EHS PT LOT 5 PEARSON;INTL AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60017 0000 Taxation Years 2012, 2010, 2009, 2006, 2004

CARA OPERATIONS LIMITED RETAIL DIVISION 6303 AIRPORT RD MISSISSAUGA ON L4V 1R8 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60019 0000 Taxation Years 2010, 2009, 2006, 2004

CATHAY PACIFIC AIRWAYS INTERNATIONAL LTD FINANCIAL SERVICES 550 6TH AVE W 500 VANCOUVER BC;V5Z 4S2 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60020 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004,

CHAPTERS INC 90 RONSON DR ETOBICOKE ON M9W 1B6 Re: CON 6 EHS PT LOT 5;PEARSON INTL;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60021 0000 Taxation Year 2004

CONTINENTAL AIRLINES CONTINENTAL AIRLINES INC 14TH FLOOR-233 WACKER DR S. CHICAGO IL USA 60606 Re: PEARSON TERMINALS CON 6 EHS;PT LOTS 5,6,7 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60023 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004,

CSA CZECH AIRLINES 401 BAY ST SUITE 1510 TORONTO ON M5H 2Y4 Re: CON 6 & 7 EHS PT LOTS 5-8;PEARSON TERMINALS; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60024 0000 Taxation Years 2009, 2006, 2004,

DELTA AIRLINES INC DEPT 852- PO BOX 45852 ATLANTA, GA, USA 30320 Re: PEARSON TERMINALS CON 6 EHS;PT LOT 5 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60025 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

EL-AI AIRLINES 1000 FINCH AVE W SUITE 803 TORONTO ON M3J 2V5 Re: CON 6 EHS PT LOT 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60026 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

GREAT COOKIES BY GEORGE INC HEAD OFFICE 10549 108 ST UNIT 101 EDMONTON AB T5H 2Z8 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60027 0000 Taxation Years 2010, 2009, 2006, 2004

HERTZ CANADA LIMITED ATT BERNICE FEEST TAX DEPT 225 BRAE BLVD PARK RIDGE, NJ, USA 07656 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60028 0000 Taxation Years 2012, 2011, 2010, 2009, 2006, 2004

K L M ROYAL DUTCH AIRLINES ATTN ACCOUNTING DEPT NYC/IF 565 TAXTER RD ELMSFORD, NY USA 10523 Re: PEARSON TERMINALS CON 6 EHS;PT LOTS 5,6,7 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60032 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

KOREAN AIRLINES PO BOX 6046 STN TORONTO AMF MISSISSAUGA, ON L5P 1B2 Re: CON 6 & 7 PT LOTS 5 TO 8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60033 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

POLISH AIRLINES LOT 6500 SILVER DART DR PO BOX 87 MISSISSAUGA, ON L5P 1A1 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60034 0000 Taxation Years 2015,2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

LETTUCE SERVIEW LIMITED PARTNERSHIP C/O HOST INTERNATIONAL OF CANADA 45 SHEPPARD AVE E SUITE 306 TORONTO ON M2N 5W9 Re: CON 6 & 7 EHS PT LOTS 5-8;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON 2105 050 113 60035 0000 Taxation Years 2006, 2004

MALEV HUNGARIAN AIRLINE 175 BLOOR ST E SUITE 909 SOUTH TOWER TORONTO ON M4W 3R8 Re: CON 6 EHS PART LOTS 5,6,7 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60037 0000 Taxation Year 2004

MIDWEST EXPRESS AIRLINES INC 6744 S HOWELL AVE OAK CREEK, WI US 53154 Re: CON 6 EHS PT LOTS 5,6,7 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60039 0000 Taxation Year 2004

NORTHWEST AIRLINES INC. DEPT A4450 5101 NORTHWEST DR. ST PAUL MN USA 55111-3034 Re: CON 6 EHS PT 5 PEARSON; TERMINALS Assessment Roll No. 2105 050 113 60040 0000 Taxation Years 2011, 2010, 2009, 2006, 2004

NUANCE GLOBAL TRADERS INC. 2630 SKYMARK AVE SUITE 400 MISSISSAUGA ON L4W 5A4 Re: CON 6 EHS PT LOT 5 PEARSON;INTL TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60041 0000 Taxation Year 2004

OH YES TORONTO INC 11 CARLAW AVE UNIT 8 TORONTO ON M4M 2R6 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60042 0000 Taxation Years 2006, 2004

OLYMPIC AIRWAYS 80 BLOOR ST W SUITE 503 TORONTO ON M5S 2V1 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60043 0000 Taxation Years 2010, 2009, 2006, 2004

PAKISTAN INTERNATIONAL AIRLINES 56 ABERFOYLE CRES SUITE 620 ETOBICOKE ON M8X 2W4 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60044 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

PEEL REGIONAL MUNICIPALITY REGION OF PEEL REAL PROPERTY ASSET MGMT 10 PEEL CENTRE DR SUITE B 6TH FL BRAMPTON, ON L6T 4B9 Re: CON 6 EHS PT LOTS 5-8 PEEL;REGIONAL POLICE OFFICE;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60046 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

P W TRANSPORTATION LTD 6999 ORDAN DR MISSISSAUGA ON L5T 1K6 Re: CON 6 EHS PT LOTS 5-8;PEARSON INTL TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60047 0000 Taxation Year 2004

ROYAL AVIATION INC 685 STUART GRAHAM BLVD N DORVAL QC H4Y 1E4 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60049 0000 Taxation Year 2004

SELECT SERVICE PARTNERS 131 BRUNEL RD SUITE 500 MISSISSAUGA ON L4Z 1X3 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60052 0000 Taxation Years 2006, 2004

SKYSERVICE AIRLINES INC PO BOX 150 STN TORONTO AMF MISSISSAUGA ON L5P 1A2 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60053 0000 Taxation Years 2010, 2009, 2006, 2004

SUNGLASS HUT OF CANADA LTD LUXOTTICA RETAIL ATTN: LEASE PO BOX 8508 MASON, OH, USA 45040 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60054 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2004

MY TRAVEL CANADA HOLIDAYS INC PO BOX 100 STN A TORONTO ON M5W 1A7 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60055 0000 Taxation Years 2012, 2011, 2010, 2009,

SUNQUEST VACATIONS LIMITED 130 MERTON STREET TORONTO ON M4S 1A4 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60055 0000 Taxation Year 2006 , 2004

THRIFTY CANADA LTD C/O DOLLAR THIRFTY AUTOMATIVE GROUP INC 5330 EAST 31 ST SUITE 5E2 TULSA OK USA 74135 Re: CON 6 EHS PT LOTS 5-8;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60057 0000 Taxation Years 2012, 2011, 2010, 2009 , 2006, 2004

TRAVELEX CANADA LIMITED C/O DAVID HU 100 YONGE ST UNIT 1500 TORONTO, ON M5C 2W1 Re: PEARSON TERMINALS TRAVELEX;CANADA LTD. AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60058 0000 Taxation Years 2015, 2014, 2013, 2012, 2011

THOMAS COOK GROUP (CANADA) L PO BOX 3020 STN TORONTO AMF MISSISSAUGA ON L5P 1B2 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60058 0000 Taxation Years 2010, 2009, 2006, 2004

TIE RACK CANADA LTD 145 RENFREW DR UNIT 120 MARKHAM ON L3R 9R6 Re: CON 6 EHS PT LOTS 5 TO 7;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60059 0000 Taxation Years 2006, 2004

3264360 CANADA INC C/O NATIONAL CAR RENTAL (CANADA) 7390 WOODBINE AVE MARKHAM ON L3R 1A5 Re: CON 6,7 PT LOTS 5-8 PEARSON;TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60060 0000 Taxation Years 2012, 2011, 2010, 2009, 2006, 2004

T W GILCHRIST VENDING LIMITE 30 BERTAL RD YORK ON M6M 4M4 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60062 0000 Taxation Years 2010, 2009, 2006, 2004

U S AIRWAYS 4000 E SKY HARBOR BLVD PHOENIX, AZ , USA 85034 Re: CON 6 EHS PT LOTS 5,6,7;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60063 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

PUBLIC WORKS CANADA REGIONAL MANAGER PILT PUBLIC WORKS 4900 YONGE ST SUITE 1205 NORTH YORK, ON M2N 6A6 Re: CON 6 EHS PT LOTS 5,6,7 CIS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60068 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

CON 6 EHS PT LOTS 5,6,7 FIS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60069 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

CON 6 EHS PT LOTS 5-8;AGRICULTURE CANADA AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60071 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

CON 6 EHS PT LOT 5 CSIS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60073 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

NAV CANADA PROPERTY TAX MANAGEMENT 77 METCALFE ST OTTAWA ON K1P 5L6 Re: CON 6 EHS PT LOTS 5,6,7 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60070 0000 Taxation Years 2006, 2004

TRANSPORT CANADA REGIONAL MANAGER PILT PUBLIC WORKS 4900 YONGE ST-SUITE 1205 NORTH YORK, ON M2N 6A6 Re: CON 6 EHS PART LOTS 5,6,7 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60072 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

ALITALIA AIRLINES 5915 AIRPORT RD SUITE 202 MISSISSAUGA ON L4V 1T1 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60075 0000 Taxation Years 2010, 2009, 2006, 2004

AMERICA WEST AIRLINES 4000 E SKY HARBOR BLVD PHOENIX AZ USA 85034-3802 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60076 0000 Taxation Years 2010, 2009, 2006, 2004

CANJET (2001) LIMITED A DIVISION OF IMP GROUP LTD PO BOX 980 STN MAIN ENFIELD, NS B2T 1R6 Re: CON 6 EHS PT LOT 5 AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60077 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

CUBANA DE AVIACION S A 1240 BAY ST-SUITE 800 TORONTO ON M5R 2A7 Re: CON 6 EHS PT LOT 5;PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No2105 050 113 60078 0000 Taxation Year 2004

JETSGO CORPORATION 7800 CHEMIN COTE DE LIESSE SAINT-LAURENT QC H4T 1G1 Re: CON 6 EHS PT LOT 5;PEARSON TERMINALS; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60079 Taxation Years 2006, 2004

WESTJET AIRLINES LTD 22 AERIAL PLACE NE CALGARY, AB T2E 3J1 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINAL BUILDINGS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60081 00000 Taxation Years 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

CON 6 EHS PT 6 LOTS 5,6,7 6085 MIDFIELD RD, Mississauga ON Assessment Roll No. 2105 050 113 60089 0000 Taxation Years 2014, 2013, 2012, 2011, 2010, 2009, 2006

SIGNATURE VACATIONS INC 160 BLOOR ST E;SUITE 400 TORONTO ON M4W 1B9 Re: CON 6 EHS PT LOT 5;PEARSON TERMINAL BUILDINGS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60082 0000 Taxation Years 2006, 2004

PREMIERE TAX-FREE SERVICES CANADA INC 4265 SHERWOODTOWNE BLVD-SUITE 100 MISSISSAUGA ON L4Z 1Y5 Re: CON 6 EHS PT LOT 5;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60083 0000 Taxation Year 2004

THE PARADIES SHOP INC 5950 FULTON INDUSTRIAL BLVD W ATLANTA, GA, USA 30336 Re: CON 6 EHS PT LOT 5 PEARSON;TERMINAL BUILDINGS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60084 0000 Taxation Years, 2014, 2013, 2012, 2011, 2010, 2009, 2006, 2004

OGDEN GROUND SERVICES (CANADA) LTD 5915 AIRPORT RD-SUITE 600 MISSISSAUGA ON L4V 1T1 Re: CON 6 EHS PT LOT 5;PEARSON TERMINAL BUILDINGS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60085 0000 Taxation Year 2004

AUSTIN INSULATORS INC 7510 AIRPORT RD MISSISSAUGA ON L4T 2H5 Re: CON 6 EHS PT LOT 5;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60086 0000 Taxation Year 2004

AIR TRANSAT HOLIDAYS INC 11600 RUE CARGO A-1 AEROPORT INTL DE MONTREAL MIRABEL QC J7N 1G9 Re: CON 6 EHS PT OT 5;PEARSON TERMINALS;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60087 0000 Taxation Year 2004

WRIGHT INTERNATIONAL AIR CRAFT MAINTENANCE SERVICES PO BOX 249 STN TORONTO AMF MISSISSAUGA ON L5P 1B1 Re: CON 6 EHS PT LOT 5;PEARSON AIRPORT;;;; AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60088 0000 Taxation Year 2004

SKY SERVICE FBO PEARSON INTERNATIONAL 6120 MIDFIELD RD-PO BOX 160- STN TORONTO AMF MISSISSAUGA ,ON L5P 1B1 Re: CON 6 EHS PT 6 LOTS 5, 6, 7 6085 MIDFIELD RD, Mississauga ON Assessment Roll No. 2105 050 113 60090 0000 Taxation Years 2014, 2013, 2012, 2011, 2010, 2009, 2006,

DOLLAR THRIFTY AUTO GROUP CANADA INC 5330 EAST 31 ST SUITE 5E2 TULSA, OK, USA 74135 Re: TERMINAL 1 NEW AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60094 0000 Taxation Years 2015, 2014, 2013, 2012, 2010, 2009, 2006

HERTZ CANADA LIMITED 225 BRAE BLVD PARK RIDGE, NJ USA 07656 Re: NEW TERMINAL 1 PEARSON AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60095 0000 Taxation Years 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2006

AIR JAMAICA LIMITED TORONTO PEARSON AI RTPO BOX 172 RPO TORONTO ON L5P 1B1 Re: TERMINAL 1 - NEW AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60098 0000 Taxation Years 2010, 2009, 2006

AEROVIAS DE MEXICO S A DE C V DBA AEROMEXICO JAIME BERNAL 3663N SAM HOUSTON PKY E SUITE 500 HOUSTON TX USA 77032 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60106 0000 Taxation Years 2012

ALITALIA LINEE AEREE ITALIANE S P A 151 BLOOR ST W SUITE 1105 TORONTO, ON M5S 1S4 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60108 0000 Taxation Years 2013, 2012

AUSTRIAN AIRLINES OSTERREICHISCHE LUFTVERKEHRS AG DON MCWILLIAM PO BOX 118 STN TORONTO AMF MISSISSAUGA ON L5P 1A2 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60109 0000 Taxation Year 2012

COMPANIA PANAMENA DE AVIACION D/B/A COPA AIRLINES DINO CIFUENTES PO BOX 20266 WASHINGTON, DC, USA 20041 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60110 0000 Taxation Years 2015, 2014, 2013, 2012

EVA AIRWAYS CORPORATION 2 CARLTON ST UNIT 801 TORONTO, ON M5B 1J3 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60111 0000 Taxation Years 2015, 2014, 2013, 2012

HAINAN AIRLINES COMPANY LIMITED NATHAN LIANG 6299 AIRPORT RD UNIT 303 MISSISSAUGA, ON L4V 1N3 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60112 0000 Taxation Years 2015, 2014, 2013, 2012

JAZZ AIR LP JAZZ AVIATION LP HALIFAX STANFIELD 310 GOUDEY DR ENFIELD, NS B2T 1E4 Re: TERMINAL T1NEW AIRPORT ROAD, Mississauga ON Assessment Roll No. 2105 050 113 60102 0000 Taxation Years 2010, 2009, 2006

PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60113 0000 Taxation Years 2015, 2014, 2013, 2012

TRANSAERO AIRLINES REPRESENTATION OF TRANSAERO AIRLINES PO BOX 117 STN TORONTO AMF MISSISSAUGA, ON L5P 1A2 Re: PEARSON TERMINALS AIRPORT RD, Mississauga, ON Assessment Roll No. 2105 050 113 60114 0000 Taxation Years 2015, 2014, 2013, 2012

TURKISH AIRLINES HURIYE ISSEVER/FINANCE MNGR 339 ADELAIDE ST E. TORONTO, ON M5A 4V1 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60115 0000 Taxation Years 2015, 2014, 2013, 2012,

VIRGIN AMERICA INC LEN SLOPER 555 AIRPORT BLVD SUITE 450 BURLINGAME, CA, USA 91010 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60116 0000 Taxation Years 2012

1791949 ONTARIO LTD O/A TORONTO BHS PO BOX 6036 STN TORONTO AMF MISSISSAUGA, ON L5P 1B2 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60117 0000 Taxation Years 2015, 2014, 2013, 2012,

PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60118 0000 Taxation Year 2012

ASP INCORPORATED DEAN LOVRIC 460 BRANT ST SUITE 212 BURLINGTON, ON L7R 4B6 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No.2105 050 113 60119 0000 Taxation Years 2015, 2014, 2013, 2012

BELL CANADA 33 YONGE ST SUITE 500 TORONTO, ON M5E 1G4 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60120 0000 Taxation Years 2015, 2014, 2013, 2012

COMPASS SUPPORT SERVICE CANADA LIMITED TIM CLARKE 5560 EXPLORER DR SUITE 102 MISSISSAUGA, ON L4W 5M3 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60121 0000 Taxation Years 2015, 2014, 2013, 2012

RED SEAL NOTARY INC BLAKE MCCLUNG 439 UNIVERSITY AVE SUITE 1201 TORONTO ON M5G 1Y8 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60122 0000 Taxation Years 2012

ROYAL CANADIAN MOUNTED POLICE ATTN: BRIAN BETHUNE REGIONAL MGR. 4900 YONGE ST TORONTO, ON M2N 6A6 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60123 0000 Taxation Years 2015, 2014, 2013, 2012

THOMAS COOK CANADA INC FRASER MACKLIN 130 MERTON ST TORONTO, ON M4S 1A4 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60124 0000 Taxation Years 2015, 2014, 2013, 2012

TRIEXPRESS COURIER SERVICES 2007 LTD PO BOX 68533 RPO GREAT LAKES BRAMPTON , ON L6R 0J8 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60125 0000 Taxation Years 2015, 2014, 2013, 2012

AVEX FLIGHT SUPPORT INC 2663 ROUTE 9L PO BOX 300 CLEVERDALE, NY, USA 12820 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60127 0000 Taxation Years 2015, 2014, 2013

SERVISAIR INC (ACAP) 100 ALEXIS-NIHON SUITE 400 SAINT-LAURENT, QC H4M 2N9 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60129 0000 Taxation Years 2015, 2014, 2013,

EGYPTAIR CANADA AMR OMAR 36 EGLINTON AVE W SUITE 50 TORONTO, ON M4R 1A1 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60130 0000 Taxation Years 2015, 2014

ETHIOPIAN AIRLINES MESFIN B. WELDEGEORGIS COUNTRY MANAGER 365 BLOOR ST E SUITE 1912 TORONTO, ON M4W 3L4 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60131 0000 Taxation Years 2015, 2014

FLY JAMAICA AIRWAYS LIMITED 2 HOLBORN ROAD KINGSTON 10, JAMAICA Re: PEARSON TERMINALS, AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60132 0000 Taxation Years 2015, 2014

AIR CANADA ROUGE C/0 8165343 CANADA INC 5925 AIRPORT RD SUITE 700 MISSISSUAGA, ON L4V 1W1 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60133 0000 Taxation Years 2015, 2014

SAUDI ARABIAN AIRLINES ABDULLAH ALHUWAIVI GENERAL MANAGER 2225 SHEPPARD AVE E UNIT 902 TORONTO, ON M2J 5C2 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60134 0000 Taxation Years 2015, 2014

SKY REGIONAL AIRLINE INC JACKIE SMALEC CHIEF FINANCIAL OFFICER 6120 MIDFIELD RD PO BOX 160 MISSISSUAGA, ON L5P 1B1 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60135 0000 Taxation Years 2015, 2014

AEROFLOT RUSSIAN AIRLINES TORONTO PEARSON AIRPORT TERMINAL 3 PO BOX 6009 STN TORONTO AMF MISSISSAUGA, ON L5P 1B2 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60136 0000 Taxation Years 2015, 2014

PHILIPPINES AIRLINES PO BOX 32313 RPO YVR TERMINAL RICHMOND, BC V7B 1W2 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60137 0000 Taxation Years 2015, 2014

AMERICAN EAGLE AIRLINES ATTENTION: BETTE WILEY 1401 H STREET NW SUITE 1075 WASHINGTON, DC USA 20005 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60138 0000 Taxation Year 2015

7 ELEVEN ONE ARTS PLAZA 1722 ROUTH ST SUITE 1000 DALLAS, TX USA 75201 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60139 0000 Taxation Year 2015

BEST BUY CANADA 8800 GLENLYON PKY BURANBY, BC V5J 5K3 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60140 0000 Taxation Year 2015

DAVID'S TEA 5625 PARE MOUNT ROYAL, QC H4P 1S1 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60141 0000 Taxation Year 2015

GOODLIFE 201 KING ST LONDON, ON N6A 1C9 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60142 0000 Taxation Year 2015

THE BODY SHOP 1 YORKDALE RD SUITE 510 TORONTO, ON M6A 3A1 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60143 0000 Taxation Year 2015

OTG MANAGEMENT YYZ 335 WEST BUTLER AVE SUITE 120 CHALFONT, PA, USA 18914 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60144 0000 Taxation Year 2015

SUBWAY CANADA 8555 JANE ST UNIT 1-4 VAUGHAN, ON L4K 5N9 Re: PEARSON TERMINALS AIRPORT RD, Mississauga ON Assessment Roll No. 2105 050 113 60145 0000 Taxation Year 2015

A & W 171 WEST ESPLANADE NORTH VANCOUVER, BC V7M 3K9 Re: PEARSON TERMINALS AIRPORT RD, Mississauga Assessment Roll No. 2105 050 113 60146 0000 Taxation Year 2015

Shopping Centres

CF/TEC HOLDINGS INC c/o Jeff Cowan WeirFoulds LLP 66 Wellington Street West, Suite 4100, P.O. Box 35 Toronto-Dominion Centre, Toronto, Ontario, Canada. M5K 1B7 Re: PLAN 2A PT LOTS 1-8 PLAN 45;PT LOTS 1-8 PLAN 144E PT;LOTS 49-54 AND RP 66R21508; PARTS 5-8 19-24 26-30 33;34 1 DUNDAS ST W, Toronto Assessment Roll No. 1904 066 080 03610 0000 Taxation Years 2015-2007

PLAN 144E PT LOTS 1-4 PLAN;45 PT LOTS 1 TO 6 LOTS 60-;62 & 69-72 1 DUNDAS ST W, Toronto Assessment Roll No. 1904 066 080 03700 00000 Taxation Years 2015-2004

PLAN D282 UNIT 4 7 10 15 16;& 18 RP 66R6830 PART 34 RP;66R8770 PART 1- EXEMPT IN;PART PER SEC.3(6) ASSMT;ACT 1 DUNDAS ST W, Toronto Assessment Roll No. 1904 066 080 04100 0000 Taxation Years 2015-2004

CF/REALTY HOLDINGS INC. ATTENTION PROPERTY TAX DEPARTMENT 20 QUEEN ST. W. FLR 5TH TORONTO ON M5H 3R4 Re: CON 3 EY PT LOTS 16 & 17;INCL RP66R 13970 PARTS 2 &;3 1800 SHEPPARD AVE E, Toronto (North York) Assessment Roll No. 1908 112 770 00300 0000 Taxation Year 2015-2004

OMERS REALTY CORPORATION C/O OXFORD PROPERTIES GROUP ATTN IRIA 130 ADELAIDE ST W SUITE 1100 TORONTO ON M5H 3P5 Re: CON 2 WYS PT LOTS 8 AND 9;RP 66R13323 PARTS 4 5 6 PT;PARTS 7 TO 10 RP 66R16192;PARTS 2 AND 3 3401 DUFFERIN ST, Toronto (North York) Assessment Roll No. 1908 043 560 03100 0000 Taxation Year 2015

1331430 ONTARIO INC C/O OXFORD PROPERTIES GROUP ATTN IRIA 130 ADELAIDE ST W SUITE 1100 TORONTO ON M5H 3P5 Re: CON 2 WYS PT LOTS 8 AND 9;RP 66R13323 PARTS 4 5 6 PT;PARTS 7 TO 10 RP 66R16192;PARTS 2 AND 3 3401 DUFFERIN ST, Toronto (North York) Assessment Roll No. 1908 043 560 03100 0000 Taxation Years 2014-2004

1331430 ONTARIO INC C/O OXFORD PROP GRP ROYAL BNK PLAZA N 200 BAY ST SUITE 900 TORONTO ON M5J 2J2 Re: CON 2 WYS PT LOTS 8 AND 9;RP 66R13323 PARTS 11 AND;12 PT PART 10 RP 66R16192;PARTS 1 4 TO 8 3401 DUFFERIN ST, Toronto (North York) Assessment Roll No. 1908 043 560 03800 0000 Taxation Years 2014-2004

ONTREA INC ATTN: PROPERTY TAX DEPARTMENT 20 QUEEN ST W FLR 5TH TORONTO ON M5H 3R4 Re: CON 3 CST PT LOTS 11 AND 12;RP 64R16731 PARTS 18 TO 24;26 AND 29 25 THE WEST MALL, Toronto (Etob.) Assessment Roll No. 1919 014 120 01500 0000 Taxation Years 2015-2004

Re: CON 3 CST PT LOTS 12 & 13;RP RS1098 PARTS 1 2 7 11;TO 13 16 AND 17 25 THE WEST MALL, Toronto (Etob.) Assessment Roll No. 1919 014 120 01550 0000 Taxation Years 2015-2004

OMERS REALTY MANAGEMENT CORPORATION C/O PHIL SANFORD MCCARTHY TETRAULT SUITE 5300, TD BANK TOWER, BOX 48 66 WELLINGTON STREET WEST TORONTO, ON M5K 1E6 Re: CON 2 NDS PT LOTS 16,17;PLAN M1010 BLKS 1,16,19,20,;21,43 SAVE & EXCEPT;RP 43R20341 1,2,3;; 100 CITY CENTRE DR, Mississauga Assessment Roll No. 2105 040 154 00450 0000 Taxation Years 2010-2004

PLAN 43M1010 BLK 21 PT BLKS;1 16 19 AND 20 100 CITY CENTRE DR, Mississauga ON Assessment Roll No. 2105 040 154 00453 0000 Taxation Years 2015-2011

MISSISSAUGA CON 2 NDS PT;LOT 16 AND PLAN 43M1010 PT;BLK16 RP 43R33444 PARTS 1;TO 7 AND 18 100 CITY CENTER DR, Mississauga Assessment Roll No. 2105 040 154 00455 0000 Taxation Years 2015-2012

CON 2 NDS PT LOT 16 PT LOT;17;PLAN M1010 PT BLK 1;;; 100 CITY CENTRE DR, Mississauga Assessment Roll No. 2105 040 154 00460 0000 Taxation Years 2007-2004

SCHEDULE “C”

UNDERTAKING OF CONFIDENTIALITY AND NON-DISCLOSURE

TO THE MUNICIPAL PROPERTY ASSESSMENT CORPORATION, ITS COUNSEL and THE PERSONS LISTED ON ATTACHMENT “A”:

I, of the , counsel for the Moving Party/Appellant in these proceedings, undertake that I will not disclose to any person, except as expressly permitted by the terms of this Undertaking, information provided pursuant to the Order of the Assessment Review Board (“Board”) dated November 4, 2015, (the “confidential information”). Subject to the rights and qualifications set out below, the confidential information may be disclosed only to lawyers, expert witnesses, paralegals and consultants retained by the Appellant in connection with the appeals herein who have signed an Undertaking in substantially the same form as this Undertaking and delivered either an original signed copy or an electronically transmitted copy to counsel for MPAC and to counsel for the assessed persons listed on Attachment “A” hereto. No confidential information can be disclosed to any person, including a lawyer, expert witness, paralegal or consultant, who is an owner of, or an employee of, the Appellant in these proceedings.

This Undertaking does not extend to disclosure of confidential information or part thereof if, prior to its disclosure by MPAC, such information was in my possession, custody, or control as a result of my own independent investigations.

This Undertaking does not preclude me from disclosing opinions and conclusions so long as confidential information is not disclosed in so doing.

Except as expressly permitted in this Undertaking, I agree not to make a copy of any confidential information provided to me pursuant to the Order of the Board dated ___ . I understand and agree that the confidential information provided to me by MPAC pursuant to the Board’s Order may be entered on a computer disk or a memory stick. Any confidential information entered on the computer disk or memory stick is not to be transferred or copied in any way except as expressly permitted herein. The computer disk or memory stick is to remain in my exclusive possession and to be kept in a secure location. The computer disk or memory stick will be erased at the conclusion of the proceedings and I will provide a written confirmation of the erasure to counsel for MPAC and counsel for the assessed persons listed in Attachment “A”.

Confidential information disclosed to me may be included in reports and other Exhibits to be submitted to the Board. If that happens, I will take all reasonable and necessary steps to assist in ensuring that there is no disclosure of the documents except as permitted in this Undertaking. I acknowledge that, subject to any Order of the Assessment Review Board or a Court, it is the intention of the parties to these proceedings, that reference to or disclosure or production of the confidential information in the course of these proceedings or in any application for leave to appeal or appeal proceedings will be done in such a manner as will preclude disclosure of the confidential information to any person, other than counsel, consultants and experts acting for the parties and the presiding members of the Assessment Review Board or the Court.

If any confidential information is to be included in a report or other Exhibit to be submitted to the Board or a court I undertake to advise counsel for the persons listed on Attachment “A” as soon as reasonably practicable.

I acknowledge that maintaining confidentiality following the conclusion of proceedings is essential. I undertake to ask the presiding member or members of the Board, and any judge or judges who may hear an appeal, to seal or redact and prevent public access to any confidential information contained in transcripts, exhibits, facta, motion records, appeal books, compendia or other materials.

At the conclusion of the proceeding, including any appeals from a decision of the Board, I undertake to either return all confidential information to MPAC, including any information supplied to another person through me, or to confirm that the confidential information has been appropriately destroyed. In either event I will provide written confirmation of my actions to counsel for the persons listed in Attachment “A”.

I acknowledge that disclosure of the confidential information may be prejudicial to the interests of the taxpayers listed in Attachment “A” and could harm their businesses. I will at all times protect the confidential information in accordance with the terms of this Undertaking.

DATED at Toronto this day of , 2015.

Counsel

ATTACHMENT “A”

CF/TEC HOLDINGS INC CF/REALTY HOLDINGS INC. & ONTREA INC c/o MR. JEFF COWAN WEIRFOULDS LLP 66 WELLINGTON STREET WEST, SUITE 4100- P.O. BOX 35 TORONTO-DOMINION CENTRE, TORONTO, ON M5K 1B7

OMERS REALTY MANAGEMENT CORPORATION C/O PHIL SANFORD MCCARTHY TETRAULT SUITE 5300, TD BANK TOWER, BOX 48 66 WELLINGTON STREET WEST TORONTO, ON M5K 1E6

GREATER TORONTO AIRPORTS AUTHORITY c/o MR. TOM BARLOW FASKEN MARTINEAU 333 BAY STREET, SUITE 2400 BAY ADELAIDE CENTRE, BOX 20 TORONTO, ON M5H 2T6

SCHEDULE “D”

Amended pursuant to Rule 130 of the Assessment Review Board’s Rules of Practice and Procedure, effective

January 4, 2016

Amended pursuant to Rule 130 of the Assessment Review Board’s Rules of Practice and Procedure, effective

January 4, 2016

ATTACHMENT “A”

CF/TEC HOLDINGS INC CF/REALTY HOLDINGS INC. & ONTREA INC c/o MR. JEFF COWAN WEIRFOULDS LLP 66 WELLINGTON STREET WEST, SUITE 4100- P.O. BOX 35 TORONTO-DOMINION CENTRE, TORONTO, ON M5K 1B7

OMERS REALTY MANAGEMENT CORPORATION C/O PHIL SANFORD MCCARTHY TETRAULT SUITE 5300, TD BANK TOWER, BOX 48 66 WELLINGTON STREET WEST TORONTO, ON M5K 1E6

GREATER TORONTO AIRPORTS AUTHORITY c/o MR. TOM BARLOW FASKEN MARTINEAU 333 BAY STREET, SUITE 2400 BAY ADELAIDE CENTRE, BOX 20 TORONTO, ON M5H 2T6