OSC 2011

The Filer applied for exemptive relief from the requirement in section 4.2(1) of National Instrument 52-107 to prepare its financial statements in accordance with Old Canadian GAAP.

The Filer sought to early adopt IFRS-IASB for financial periods ending on or after November 30, 2010, having already prepared its prospectus financial statements under IFRS-IASB.

The principal regulator granted the exemption, permitting the Filer to prepare its financial statements in accordance with IFRS-IASB.

The Filer, a foreign reporting issuer listed on the Hong Kong stock exchange, applied for a decision that it is no longer a reporting issuer in Ontario, Alberta, and British Columbia.

The Filer demonstrated that Canadian resident shareholders beneficially own less than 2% of its outstanding securities and represent less than 2% of its total beneficial securityholders.

The Filer has no securities trading on any Canadian market and has not conducted any financing in Canada since August 2008.

The Ontario Securities Commission, as principal regulator, granted the requested exemptive relief, noting the Filer's undertaking to continue providing Canadian shareholders with all disclosure materials required under Hong Kong securities laws.

The applicant applied for a decision under the securities legislation of multiple 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 its securities are not traded on a marketplace.

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

The Applicant, BNS Capital Trust, applied for a decision under the securities legislation of multiple 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 its securities are not traded on a marketplace.

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

The Applicant, Cargojet Income Fund, applied for a decision under the securities legislation of multiple Canadian jurisdictions to be deemed no longer a reporting issuer.

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

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

The applicant sought exemptive relief from the investment prohibition in section 4.1(1) of National Instrument 81-102 to permit dealer-managed mutual funds to invest in debt securities of African Minerals Limited during the distribution period or the 60-day period following.

The relief was required because an affiliate of the applicant acted as an underwriter in the distribution and the debt securities did not have an approved rating.

The Ontario Securities Commission granted the requested relief, subject to conditions including independent review committee approval, pricing restrictions, and arm's length participation.

The applicant applied for exemptive relief from the trading prohibition in section 13.5(2)(b) of NI 31-103 to permit inter-fund trading between mutual funds, pooled funds, and closed-end funds managed by the same manager or its affiliate.

The Ontario Securities Commission granted the relief, subject to conditions including Independent Review Committee approval and specific pricing requirements, allowing certain trades involving exchange-traded securities to occur at the last sale price.

The filer applied for exemptive relief from the related issuer requirements and conflict of interest prohibitions under the Securities Act and National Instrument 31-103.

The relief was sought to permit mutual funds and pooled funds to invest in debt and equity securities of related issuers in the secondary market and primary offerings, and to permit pooled funds to invest in underlying funds.

The Ontario Securities Commission granted the requested relief, subject to conditions including approval by the funds' independent review committees, compliance with independent pricing and transparency requirements, and investment restrictions for primary offerings.

The applicant applied for a decision under the securities legislation of multiple jurisdictions that it is not a reporting issuer.

The decision maker found that the applicant's outstanding securities were beneficially owned by fewer than 51 security holders in Canada, no securities were traded on a marketplace, and the applicant was not in default of its obligations.

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

The applicant, Zuni Holdings Inc., applied to the Ontario 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 in Canada and fewer than 51 in total, its securities are not traded on a marketplace, and it is not in default of its obligations as a reporting issuer.

The Commission was satisfied that the statutory test was met and ordered that the applicant is not a reporting issuer.

The Manager, Goodman & Company, Investment Counsel Ltd., applied to the Ontario Securities Commission for approval of an indirect change of control and an abridgement of the 60-day notice period required under National Instrument 81-102.

The change of control resulted from The Bank of Nova Scotia's acquisition of DundeeWealth Inc., the Manager's indirect parent company.

The Commission granted the requested relief, permitting a 35-day notice period to unitholders, on the condition that no changes be made to the management, administration, or portfolio management of the funds for at least 60 days following the notice date.

The Applicant, Tagish Lake Gold Corp., applied to the securities regulatory authorities in Alberta, Manitoba, and Ontario for a decision 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 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 application, ordering that the Applicant is not a reporting issuer.

The Filer, Drive Products Income Fund, applied for a decision that it is no longer a reporting issuer in the applicable jurisdictions following a take-over bid and compulsory acquisition by 2256479 Ontario Inc. The Filer's units were delisted from the TSX and its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction.

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

The applicant applied to the Ontario 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 51 security holders in Canada and are not traded on a marketplace.

The Commission was satisfied that the statutory test was met and ordered that the applicant is not a reporting issuer.

The applicant sought approval for the merger of two mutual funds into a continuing fund under National Instrument 81-102.

Approval was required because the continuing fund was new, meaning no simplified prospectus or financial statements were available to send to unitholders, and the fundamental investment objectives and fee structures were not substantially similar.

The Ontario Securities Commission granted the exemptive relief, noting that unitholders were provided with timely and adequate disclosure regarding the merger and prospectus-level disclosure regarding the continuing fund.

The Applicant 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 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.

The Filers applied for exemptive relief from various provisions of National Instrument 81-102 to permit the Funds to enter into certain derivative transactions with terms greater than three years, use fixed income securities and floating rate notes as cash cover, use put options as cover for long positions, engage in short selling up to 20% of net assets, and invest more than 10% of net assets in certain sovereign and supranational debt.

The Ontario Securities Commission granted the requested relief subject to several conditions regarding credit ratings, term limits, cover requirements, and disclosure.

The Applicant, Mulvihill Pro-AMS RSP Split Share Corp., 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 as a reporting issuer.

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