OSC 2008

The applicant, a closed-end investment trust, applied for an exemption from the requirement under section 2.8 of National Instrument 44-101 to file a notice of intention at least ten business days prior to filing a preliminary short form prospectus for a rights offering.

The applicant mistakenly believed it was grandfathered under transitional provisions and would miss a unique market window if forced to wait the full ten days.

The principal regulator granted the requested exemption, allowing the applicant to proceed with filing its preliminary short form prospectus.

The applicant applied for exemptive relief from the requirement to include financial statement disclosure under section 8.4 of National Instrument 51-102 in a Business Acquisition Report relating to a significant acquisition.

The applicant had already been filing consolidated financial statements that included the acquired business.

The Ontario Securities Commission granted the requested relief, finding that the inclusion of the financial statements would not provide investors with any incremental material information.

The Filer, Invesco Trimark Ltd., applied for exemptive relief from subsection 5.1(a) of National Instrument 81-105 Mutual Fund Sales Practices.

The Filer sought permission to pay participating dealers for direct costs incurred relating to cooperative marketing initiatives where the primary purpose is to provide educational information concerning tax or estate planning matters.

The Ontario Securities Commission granted the exemption, subject to several conditions, including that the Filer does not require dealers to sell its funds and that the materials contain only general educational information.

The Applicant 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 found the statutory test was met and ordered that the Applicant is no longer a reporting issuer.

The Applicant, QGX Ltd., applied to the Ontario Securities Commission and other 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 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 Commission granted the requested relief, ordering that the Applicant is not a reporting issuer.

Mackenzie Financial Corporation applied for exemptive relief on behalf of several Symmetry Top Funds to permit them to invest in the Symmetry Equity Pool, despite the underlying fund investing more than 10% of its net assets in another mutual fund.

The Ontario Securities Commission granted the requested relief from the mutual fund conflict of interest investment restrictions, reporting requirements, and self-dealing prohibitions, subject to compliance with certain conditions under National Instrument 81-102.

The Filer, Borealis Acquisition Corporation, applied to the Ontario Securities Commission for exemptive relief from the requirements of Multilateral Instrument 61-101 to hold a unitholder meeting and send an information circular in connection with a take-over bid for Teranet Income Fund.

The Filer sought to effect a Compulsory Acquisition or Subsequent Acquisition Transaction by obtaining minority approval via written resolution rather than at a meeting.

The Commission granted the requested exemption, provided that minority approval is obtained by written resolution.

The applicant, Barclays Global Investors Canada Limited, applied for exemptive relief on behalf of several exchange-traded funds.

The requested relief included exemptions from the dealer registration requirement for disseminating sales communications, the requirement to include an underwriter's certificate in the prospectus, and take-over bid requirements for normal course purchases on the TSX.

The Ontario Securities Commission granted the requested exemptive relief, subject to certain conditions including compliance with Part 15 of NI 81-102 and undertakings regarding voting rights.

The Filer, Tiomin China Limited, applied for an order under the Securities Act declaring that it is not a reporting issuer.

The Filer became a reporting issuer following a plan of arrangement but has fewer than 15 security holders in each Canadian jurisdiction and its securities are not traded on any marketplace.

The Ontario Securities Commission granted the requested exemptive relief.

Goodman & Company, Investment Counsel Ltd. applied for exemptive relief from the inter-fund trading prohibition under the Securities Act to permit a hedge fund to sell securities to related public mutual funds.

The Ontario Securities Commission granted the relief, subject to conditions including that the trades comply with National Instrument 81-107 and be approved by the Independent Review Committees of the respective funds.

The Filer applied to the Ontario Securities Commission for approval to merge several terminating mutual funds into continuing funds under National Instrument 81-102.

Approval was required because the mergers did not meet all criteria for pre-approved reorganizations, specifically regarding differing investment objectives, fee structures, and tax-deferred transaction status.

The Commission granted the exemptive relief, noting that securityholders were provided with adequate disclosure and the independent review committee had recommended the mergers.

The applicant, Goodman & Company, Investment Counsel Ltd., applied for exemptive relief from the inter-fund trading prohibition in section 4.2(1) of National Instrument 81-102.

The relief was sought to permit the sale of a portion of Athabasca Oil Sands Corp. securities from a non-public hedge fund to public mutual funds managed by the applicant.

The Ontario Securities Commission granted the exemption, subject to conditions including that the trades are consistent with the investment objectives of the recipient funds and are approved by the Independent Review Committees of the funds.

The applicant applied for exemptive relief from the requirement under the Securities Act to pay for securities deposited under a take-over bid within 10 days of the expiry date.

Due to the global financial crisis and delays in processing international wire transfers from Russia, the applicant requested an extension.

The Ontario Securities Commission granted the relief, permitting payment within 12 days of the expiry date.

The applicant, Goodman & Company, Investment Counsel Ltd., applied for exemptive relief on behalf of several mutual fund portfolios.

The requested relief included approval for current mutual fund mergers under subsection 5.5(1)(b) of National Instrument 81-102 and an exemption from the financial statement delivery requirements under subsection 5.6(1)(f)(ii) for both current and future mergers.

The Ontario Securities Commission granted the requested relief, subject to conditions regarding disclosure in the management information circular and the provision of financial statements upon request.

The Applicant, Sleep Country Canada Income Fund, 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 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, satisfied that the statutory test was met, granted the application and ordered that the Applicant is not a reporting issuer.

The Applicant, Xantrex Technology Inc., applied for a decision that it is no longer a reporting issuer in the applicable jurisdictions.

Based on representations that its outstanding securities are beneficially owned by fewer than 51 security holders in Canada and are not traded on a marketplace, the Ontario Securities Commission granted the application and ordered that the Applicant is not a reporting issuer.

Maximus Ventures Ltd. applied for a decision that it is not a reporting issuer in Ontario and Alberta.

The Filer became a wholly-owned subsidiary of Bear Lake Gold Inc. following an arrangement.

The Filer's shares were delisted and it has fewer than 51 securityholders in Canada.

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

Maximus Ventures Ltd. applied for a decision that it is no longer a reporting issuer in Ontario and Alberta.

Following a corporate arrangement, the applicant became a wholly-owned subsidiary of Bear Lake Gold Inc., and its shares were delisted from the TSX Venture Exchange.

The applicant's outstanding warrants are now exercisable into shares of Bear Lake, which remains a reporting issuer.

The Ontario Securities Commission granted the requested exemptive relief, confirming the applicant is no longer a reporting issuer.

Hmi Nickel Inc., a wholly-owned subsidiary of HudBay Minerals Inc., applied for exemptive relief from continuous disclosure, certification, and insider reporting requirements.

The Filer has outstanding warrants exercisable into shares of its parent company.

The Ontario Securities Commission granted the requested exemptions, subject to conditions ensuring that warrant holders receive the parent company's continuous disclosure documents and that the parent company complies with its reporting obligations.

The filers applied for exemptive relief from various requirements under the Securities Act and National Instruments in connection with a corporate reorganization involving the wind-up of John Hancock Canadian Corporation into John Hancock Financial Services, Inc., and a subsequent merger with The Manufacturers Investment Corporation.

The Ontario Securities Commission granted the requested relief, including reporting issuer designations, prospectus exemptions, continuous disclosure exemptions, and insider reporting exemptions, subject to certain conditions.