osc bulletin5. the hearing date of april 12, 2017 is vacated; and 6. oral closing submissions in...

The Ontario Securities Commission

OSC Bulletin

April 13, 2017

Volume 40, Issue 15

(2017), 40 OSCB

The Ontario Securities Commission administers the Securities Act of Ontario (R.S.O. 1990, c. S.5) and the

Commodity Futures Act of Ontario (R.S.O. 1990, c. C.20)

The Ontario Securities Commission Published under the authority of the Commission by:

Cadillac Fairview Tower Thomson Reuters

22nd Floor, Box 55 One Corporate Plaza 20 Queen Street West 2075 Kennedy Road Toronto, Ontario Toronto, Ontario M5H 3S8 M1T 3V4 416-593-8314 or Toll Free 1-877-785-1555 416-609-3800 or 1-800-387-5164 Contact Centre – Inquiries, Complaints: Fax: 416-593-8122 TTY: 1-866-827-1295 Office of the Secretary: Fax: 416-593-2318

The OSC Bulletin is published weekly by Thomson Reuters Canada, under the authority of the Ontario Securities Commission. Thomson Reuters Canada offers every issue of the Bulletin, from 1994 onwards, fully searchable on SecuritiesSource

™, Canada’s

pre-eminent web-based securities resource. SecuritiesSource™

also features comprehensive securities legislation, expert analysis, precedents and a weekly Newsletter. For more information on SecuritiesSource

™, as well as ordering information, please go to:

http://www.westlawecarswell.com/SecuritiesSource/News/default.htm

or call Thomson Reuters Canada Customer Relations at 1-800-387-5164 (416-609-3800 Toronto & Outside of Canada). Claims from bona fide subscribers for missing issues will be honoured by Thomson Reuters Canada up to one month from publication date. Space is available in the Ontario Securities Commission Bulletin for advertisements. The publisher will accept advertising aimed at the securities industry or financial community in Canada. Advertisements are limited to tombstone announcements and professional business card announcements by members of, and suppliers to, the financial services industry.

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the publisher.

The publisher is not engaged in rendering legal, accounting or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional should be sought. © Copyright 2017 Ontario Securities Commission ISSN 0226-9325 Except Chapter 7 ©CDS INC.

One Corporate Plaza 2075 Kennedy Road Toronto, Ontario M1T 3V4

Customer Relations Toronto 1-416-609-3800

Elsewhere in Canada/U.S. 1-800-387-5164 Fax 1-416-298-5082

www.carswell.com Email www.carswell.com/email

http://www.westlawecarswell.com/SecuritiesSource/News/default.htm

April 13, 2017

(2017), 40 OSCB

Table of Contents

Chapter 1 Notices / News Releases ...................... 3327 1.1 Notices .......................................................... 3327

1.1.1 Notice of Ministerial Approval of Arrangements Regarding the Access, Collection, Storage and Use of Derivatives Data ............................................. 3327 1.2 Notices of Hearing ........................................ 3328

1.2.1 Mark Steven Rotstein and Equilibrium Partners Inc. – ss. 127(1), 127.1 ................................... 3328

1.3 Notices of Hearing with Related Statements of Allegations ............................ (nil) 1.4 News Releases .............................................. (nil) 1.5 Notices from the Office of the Secretary ............................................ 3328

1.5.1 Garth H. Drabinsky et al. ................................ 3328 1.5.2 Lance Kotton .................................................. 3329 1.5.3 Sentry Investments Inc. and Sean Driscoll ..... 3330 1.5.4 Mark Steven Rotstein and Equilibrium Partners Inc .................................................... 3330 1.5.5 Quadrexx Hedge Capital Management Ltd. et al. ................................... 3331 1.5.6 Eco Oro Minerals Corp. .................................. 3331 1.5.7 Mark Steven Rotstein and Equilibrium Partners Inc. ................................................... 3332 1.6 Notices from the Office of the Secretary with Related Statements of Allegations ............................ (nil) Chapter 2 Decisions, Orders and Rulings ............ 3333 2.1 Decisions ...................................................... 3333

2.1.1 Enstar Group Limited ..................................... 3333 2.1.2 Brookfield Investment Management (Canada) Inc. .................................................. 3337 2.1.3 Desjardins Global Asset Management Inc. et al. ......................................................... 3342 2.1.4 Frankly Inc. ..................................................... 3352 2.1.5 Mackenzie Financial Corporation and Mackenzie Global High Yield Fixed Income ETF .................................................... 3355 2.1.6 Franklin Templeton Investments Corp. and Franklin Target Return Fund .......... 3358 2.1.7 Fidelity Investments Canada ULC .................. 3361 2.1.8 BMO Nesbitt Burns Inc. et al. ......................... 3368 2.1.9 Canadian Imperial Bank of Commerce and CIBC Asset Management Inc. ................. 3371 2.2 Orders............................................................ 3375

2.2.1 Garth H. Drabinsky et al. ................................ 3375 2.2.2 Lance Kotton – ss. 127(7), (8) ........................ 3378 2.2.3 Manitoba Telecom Services Inc – s. 1(10)(a)(ii) .......................................... 3379 2.2.4 Quadrexx Hedge Capital Management Ltd. et al.......................................................... 3382 2.2.5 Wilmington Trust, National Association and Barrick Gold Corporation – s. 46(4) ......... 3383 2.2.6 Eco Oro Minerals Corp. .................................. 3386 2.2.7 Dollarama Inc. and BMO Nesbitt Burns Inc. ... 3387 2.2.8 Dollarama Inc. and Bank of Montreal ............. 3393

2.3 Orders with Related Settlement Agreements .................................................. 3399

2.3.1 Sentry Investments Inc. and Sean Driscoll – ss. 127(1), 127.1 ............................ 3399 2.3.2 Mark Steven Rotstein and Equilibrium Partners Inc. – ss. 127, 127.1 ........................ 3422 2.4 Rulings ............................................................ (nil) Chapter 3 Reasons: Decisions, Orders and Rulings .................................................. 3435 3.1 OSC Decisions ............................................. 3435

3.1.1 Sentry Investments Inc. and Sean Driscoll .... 3435 3.2 Director’s Decisions ...................................... (nil) 3.3 Court Decisions ............................................. (nil) Chapter 4 Cease Trading Orders .......................... 3439

4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders ......................... 3439 4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders.............. 3439 4.2.2 Outstanding Management & Insider Cease Trading Orders ................................... 3439 Chapter 5 Rules and Policies ................................ 3441

5.1.1 CSA Staff Notice 11-335 Notice of Local Amendments and Changes in Certain Jurisdictions....................................... 3441 Chapter 6 Request for Comments .......................... (nil) Chapter 7 Insider Reporting .................................. 3453 Chapter 9 Legislation ............................................... (nil) Chapter 11 IPOs, New Issues and Secondary Financings ............................................. 3663

Chapter 12 Registrations ......................................... 3673

12.1.1 Registrants ..................................................... 3673 Chapter 13 SROs, Marketplaces,

Clearing Agencies and Trade Repositories ............................... 3675

13.1 SROs ............................................................... (nil) 13.2 Marketplaces .................................................. (nil) 13.3 Clearing Agencies........................................ 3675

13.3.1 CDCC – Amendments to Sections A-102, A-220 and A-701 of the CDCC Rules – Notice of Commission Approval ..................... 3675 13.3.2 CDCC – Amendments to Sections A-1A04 and A-401 of the CDCC Rules – Notice of Commission Approval ................................ 3676 13.4 Trade Repositories ........................................ (nil) Chapter 25 Other Information ................................... (nil) Index ............................................................................ 3677

April 13, 2017

(2017), 40 OSCB 3327

Chapter 1

Notices / News Releases

1.1 Notices 1.1.1 Notice of Ministerial Approval of Arrangements Regarding the Access, Collection, Storage and Use of

Derivatives Data

NOTICE OF MINISTERIAL APPROVAL OF ARRANGEMENTS REGARDING THE ACCESS,

COLLECTION, STORAGE AND USE OF DERIVATIVES DATA

On March 16, 2017, the Minister of Finance approved, pursuant to section 143.10 of the Securities Act (Ontario), the arrangements that the Ontario Securities Commission entered into with each of Financial and Consumer Services Commission (New Brunswick), Financial and Consumer Affairs Authority of Saskatchewan and Nova Scotia Securities Commission (the “Derivatives Data Arrangements”). The Derivatives Data Arrangements set out an understanding that the OSC will act as an agent for the purposes of accessing, collecting, storing, analyzing and reporting on derivatives data, as collected by relevant trade repositories. The Derivatives Data Arrangements were published in the Bulletin on January 26, 2017 at (2017), 40 OSCB 888. Questions may be referred to: Jean-Paul Bureaud Director Office of Domestic and International Affairs Tel: 416-593-8131 E-mail: [email protected] Shaun Olsen Derivatives Specialist Derivatives Branch Tel: 416-593-8242 E-mail: [email protected]


April 13, 2017

(2017), 40 OSCB 3328

1.2 Notices of Hearing 1.2.1 Mark Steven Rotstein and Equilibrium Partners

Inc. – ss. 127(1), 127.1

IN THE MATTER OF THE SECURITIES ACT,

RSO 1990, c s.5

AND

IN THE MATTER OF MARK STEVEN ROTSTEIN AND EQUILIBRIUM PARTNERS INC.

NOTICE OF HEARING

(Subsections 127(1) and 127.1 of the Securities Act)

TAKE NOTICE THAT the Ontario Securities

Commission (the “Commission”) will hold a hearing pursuant to subsections 127(1) and 127.1 of the Securities Act, RSO 1990, c S.5, at the offices of the Commission located at 20 Queen Street West, 17th Floor, on April 11, 2017, at 10:00 a.m. or as soon thereafter as the hearing can be held; AND TAKE NOTICE that the purpose of the

hearing is for the Commission to consider whether it is in the public interest to approve the Settlement Agreement dated April 3, 2017, between Staff of the Commission, Mark Steven Rotstein and Equilibrium Partners Inc.; BY REASON OF the allegations set out in the

Statement of Allegations dated February 29, 2016 and such additional allegations as counsel may advise and the Commission may permit; AND TAKE FURTHER NOTICE that any party to

the proceedings may be represented by a representative at the hearing; AND TAKE FURTHER NOTICE that upon failure

of any party to attend at the time and place aforesaid, the hearing may proceed in the absence of that party and such party is not entitled to any further notice of the proceeding; DATED at Toronto this 6th day of April, 2017.

“Grace Knakowski”

1.5 Notices from the Office of the Secretary 1.5.1 Garth H. Drabinsky et al.

FOR IMMEDIATE RELEASE April 5, 2017

IN THE MATTER OF

THE SECURITIES ACT, RSO 1990, c S.5

AND

IN THE MATTER OF

GARTH H. DRABINSKY, MYRON I. GOTTLIEB and

GORDON ECKSTEIN TORONTO – The Commission issued an Order in the

above named matter which provides that:

1. Pursuant to subsection 9(1.1) of the Statutory Powers Procedure Act, RSO 1990, c S.22, and Rule 5.2 of Ontario Securities Commission Rules of Procedure (2014), 37 OSCB 4168, Staff materials filed on March 13, 2017, all materials filed with the Commission in respect of the In Camera Motion and the transcript thereof shall be kept confidential;

2. Staff’s written submissions shall be

amended, reserved and refiled; 3. The Respondent’s written submissions

shall be served and filed on or before April 13, 2017;

4. Staff’s reply written submissions, if any,

shall be served and filed on or before April 19, 2017;

5. The hearing date of April 12, 2017 is

vacated; and 6. Oral closing submissions in respect of

the hearing in this matter shall be heard on April 24, 2017 at 10:00 a.m., or such other date as may be agreed to by the parties and set by the Office of the Secretary.

A copy of the Order dated April 4, 2017 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected]


April 13, 2017

(2017), 40 OSCB 3329

For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)

1.5.2 Lance Kotton


IN THE MATTER OF


AND

IN THE MATTER OF

LANCE KOTTON TORONTO – The Commission issued an Order in the

above named matter which provides that: 1. the Temporary Order is extended as against

Kotton until May 26, 2017; and 2. the hearing of this matter is adjourned until May

24, 2017 at 10:00 a.m., or such other date and time as provided by the Office of the Secretary and agreed to by the parties.

A copy of the Temporary Order dated April 5, 2017 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected] For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)


April 13, 2017

(2017), 40 OSCB 3330

1.5.3 Sentry Investments Inc. and Sean Driscoll


IN THE MATTER OF


AND

IN THE MATTER OF

SENTRY INVESTMENTS INC. and SEAN DRISCOLL

TORONTO – Following a hearing held today, the

Commission issued an Order in the above named matter approving the Settlement Agreement reached between Staff of the Commission and Sentry Investments Inc. and Sean Driscoll. A copy of the Order dated April 5, 2017, Settlement Agreement dated March 31, 2017 and Oral Reasons for Approval of a Settlement dated April 5, 2017 are available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected] For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)

1.5.4 Mark Steven Rotstein and Equilibrium Partners Inc.

FOR IMMEDIATE RELEASE

April 6, 2017


RSO 1990, c S.5

AND


TORONTO – The Office of the Secretary issued a Notice of

Hearing for a hearing to consider whether it is in the public interest to approve a settlement agreement entered into by Staff of the Commission, Mark Steven Rotstein and Equilibrium Partners Inc. in the above named matter. The hearing will be held on April 11, 2017 at 10:00 a.m. on the 17th floor of the Commission's offices located at 20 Queen Street West, Toronto. A copy of the Notice of Hearing dated April 6, 2017 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected] For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)


April 13, 2017

(2017), 40 OSCB 3331

1.5.5 Quadrexx Hedge Capital Management Ltd. et al.


April 7, 2017


RSO 1990, c S.5

AND

IN THE MATTER OF QUADREXX HEDGE CAPITAL MANAGEMENT LTD.,

QUADREXX SECURED ASSETS INC., MIKLOS NAGY AND TONY SANFELICE

TORONTO – The Commission issued an Order in the

above named matter which provides that: 1. This matter is adjourned to a further confidential

pre-hearing conference on May 24, 2017 at 2:00 p.m., or such other date as may be agreed to by the parties and set by the Office of the Secretary;

2. Staff shall serve and file Staff’s written

submissions on sanctions and costs by no later than April 28, 2017;

3. The Respondents shall serve and file their written

submissions on sanctions and costs by no later than July 7, 2017;

4. Staff shall serve and file Staff’s reply submissions,

if any, by no later than July 19, 2017; and 5. The hearing on sanctions and costs shall be held

on July 26 and 27, 2017 at 10:00 a.m., or such other dates as may be agreed to by the parties and set by the Office of the Secretary.

The pre-hearing conference will be held in camera.

A copy of the Order dated April 6, 2017 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected] For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)

1.5.6 Eco Oro Minerals Corp.


IN THE MATTER OF


AND

IN THE MATTER OF

ECO ORO MINERALS CORP.

AND

IN THE MATTER OF A HEARING AND REVIEW OF

A DECISION OF THE TORONTO STOCK EXCHANGE

TORONTO – The Commission issued an Order in the

above named matter which provides that:

1. Trexs Investments, LLC, Amber Capital LP and Paulson & Co. Inc. are each granted leave to intervene in the Application, including the right to adduce evidence and make submissions; and

2. Leave to intervene is granted on the

condition that the intervenors abide by the Scheduling Order, including by serving and filing any written materials for the Application by no later than 5:00 p.m. on Thursday, April 13, 2017.

A copy of the Order dated April 7, 2017 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected] For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)


April 13, 2017

(2017), 40 OSCB 3332

1.5.7 Mark Steven Rotstein and Equilibrium Partners Inc.


April 11, 2017


RSO 1990, c S.5

AND


TORONTO – Following a hearing held today, the

Commission issued an Order in the above named matter approving the Settlement Agreement reached between Staff of the Commission, Mark Steven Rotstein and Equilibrium Partners Inc. A copy of the Order dated April 11, 2017 and Settlement Agreement dated April 3, 2017 are available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY GRACE KNAKOWSKI SECRETARY TO THE COMMISSION For media inquiries: [email protected] For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)

April 13, 2017

(2017), 40 OSCB 3333

Chapter 2

Decisions, Orders and Rulings

2.1 Decisions 2.1.1 Enstar Group Limited Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – non-reporting issuer seeks relief from prospectus requirement in connection with first trade of shares of issuer by Canadian residents through an exchange or market outside Canada – issuer meets all conditions of section 2.14 of National Instrument 45-102 Resale of Securities except that residents of Canada own more than 10% of securities of the class – issuer has a de minimis connection to Canada once shares held by an institutional investor excluded – issuer not seeking to create a market for its securities in Canada by offering securities to new investors – issuer will provide shareholders resident in Canada with same continuous disclosure materials provided to foreign shareholders – relief granted subject to conditions. Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c. S.5, as am., ss. 53, 74(1). National Instrument 45-102 Resale of Securities, s. 2.14.

March 30, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF BRITISH COLUMBIA AND ONTARIO

(the Jurisdictions)

AND

IN THE MATTER OF THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS

IN MULTIPLE JURISDICTIONS

AND

IN THE MATTER OF ENSTAR GROUP LIMITED

(the Filer)

DECISION

Background

1 The securities regulatory authority or regulator in each of the Jurisdictions (the Decision Maker) has received an

application from the Filer for a decision under the securities legislation of the Jurisdictions (the Legislation) for an exemption from the prospectus requirement for the first trades of securities distributed under the Filer’s Employee Stock ESPP (ESPP) to Canadian Employees (defined below) (the Exemption Sought). Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a dual application): (a) the British Columbia Securities Commission is the principal regulator for this application, (b) the Filer has provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102)

is intended to be relied upon in Alberta, Saskatchewan, Manitoba, Quebec, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Yukon, the Northwest Territories, and the Nunavut Territory, and


April 13, 2017

(2017), 40 OSCB 3334

(c) the decision is the decision of the principal regulator and evidences the decision of the securities regulatory authority or regulator in Ontario.

Interpretation

2 Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision,

unless otherwise defined. Representations

3 This decision is based on the following facts represented by the Filer:

1. the Filer is validly existing under the laws of Bermuda and has its registered office and its principal executive

office in Hamilton, Bermuda; 2. the Filer is a multi-faceted insurance group established to acquire and manage insurance and reinsurance

companies in run-off and to provide management, consulting and other services to the insurance and reinsurance industry;

3. the Filer is not a reporting issuer in any jurisdiction of Canada, nor are any of its securities listed or posted for

trading on any exchange or market located in Canada; 4. the Filer is a reporting issuer in the United States and is regulated by the SEC under the 1934 Act; its

securities are publicly listed and posted for trading on the NASDAQ Global Select Market (NASDAQ); 5. the Filer is not in default of securities legislation in any jurisdiction; 6. the authorized share capital of the Filer consists of (i) 90,000,000 voting ordinary shares, par value $1.00 per

share (Ordinary Shares), (ii) 21,000,000 non-voting convertible ordinary shares, par value $1.00 per share, and (iii) 45,000,000 preference shares, par value $1.00 per share; as at December 31, 2016, 16,227,104 Ordinary Shares were issued and outstanding, 2,792,157 Series C Non-Voting Shares were issued and outstanding, and 404,771 Series E Non-Voting Shares were issued and outstanding;

7. the Ordinary Shares are posted and listed for trading on NASDAQ under the symbol “ESGR”; the Filer is in

compliance with all securities laws of the United States and is in good standing with the rules of NASDAQ; 8. holders of Ordinary Shares in a jurisdiction of Canada are entitled to all relevant disclosure that is required to

be provided to holders of Ordinary Shares generally under various provisions in U.S. securities laws; 9. the ESPP is an all-employee plan and all individuals who are employees of the Filer or subsidiaries of the Filer

may be invited to participate (except for any employee that (i) holds at least 5% of the Ordinary Shares or (ii) is subject to the reporting requirements of section 16(a) of the 1934 Act with respect to the Company); an employee may participate in the ESPP by authorizing his or her employer company to make payroll deductions during a set period prior to one of the two offering periods during the year; the maximum fair market value of Ordinary Shares that can be subscribed for is US$25,000 per calendar year;

10. the maximum number of Ordinary Shares reserved for issuance under the ESPP is 200,000 (representing

approximately 1.2% of the total Ordinary Shares currently outstanding); 11. a participating employee may agree to direct up to 15% of his or her base salary each month to acquire

Ordinary Shares under the ESPP, subject to the limit that the maximum fair market value of Ordinary Shares that can be subscribed for is US$25,000 per calendar year; the account is non-transferable;

12. through their participation in the ESPP, certain Canadian resident individuals who are or will be employees,

officers, and directors (or their equivalent) of the Filer or its related entities (Canadian Employees) may acquire Ordinary Shares; as at December 31, 2016, there are four Canadian Employees eligible to participate in the ESPP;

13. the Ordinary Shares will be acquired by Canadian Employees under the exemption from the prospectus

requirement in section 2.24 of NI 45-106 Prospectus Exemptions; 14. the Canadian Employees wish to have the option of selling their Ordinary Shares through the facilities of

NASDAQ;


April 13, 2017

(2017), 40 OSCB 3335

15. the Canada Pension Plan Investment Board (CPPIB) is a global investment management organization, resident in Canada, that invests the assets of the Canada Pension Plan; CPPIB Epsilon Ontario Limited Partnership (CPPIB LP, and together with CPPIB, the CPPIB Entities) is a limited partnership for which CPPIB is the sole limited partner and CPPIB Epsilon Ontario Trust (CPPIB Trust) is the general partner; Poul Winslow (a director of Enstar), R. Scott Lawrence and Eric M. Wetlaufer are the trustees for CPPIB Trust (collectively, the Trustees);

16. as of December 31, 2016, the CPPIB Entities directly and indirectly (including beneficially through the

Trustees) owned 2,242,946 Ordinary Shares, representing 13.8% of the total number of shares within that class, 1,192,941 Series C Non-Voting Shares representing 42.7% of the total number of shares within that series and 404,771 Series E Non-Voting Shares, representing 100% of the total number of shares within that series;

17. as of October 31, 2016, based on the reasonable enquires of the Filer for purposes of determining its global

shareholder base, excluding Ordinary Shares held directly or indirectly by the CPPIB Entities, the 36 other holders of Ordinary Shares resident in Canada held 112,169 Ordinary Shares, representing approximately 0.8% of the total number of issued and outstanding Ordinary Shares, and represented less than 0.3% of the total number of holders of Ordinary Shares;

18. the Filer has not conducted any prospectus-exempt offerings in Canada since October 31, 2016, except for

distributions to CPPIB entities and Canadian Employees under the ESPP; 19. the first trade in the Ordinary Shares held by Canadian residents in reliance upon a prospectus exemption

would be deemed a distribution under National Instrument 45-102 Resale of Securities (NI 45-102) unless, among other things, the Filer has been a reporting issuer for the four months immediately preceding the trade in a jurisdiction of Canada; since the Filer is not a reporting issuer or its equivalent in a jurisdiction of Canada and has no intention of becoming one, the Ordinary Shares acquired in reliance upon certain prospectus exemptions would be subject to an indefinite hold period;

20. subsection 2.14(1) of NI 45-102 provides an exemption from the prospectus requirement for the first trade in

securities of a non-reporting issuer distributed under a prospectus exemption; specifically, subsection 2.14(1) states that the prospectus requirement does not apply to the first trade of a security distributed under an exemption from the prospectus requirement if: (a) the issuer of the security:

(i) was not a reporting issuer in any jurisdiction of Canada at the distribution date; or (ii) is not a reporting issuer in any jurisdiction of Canada at the date of the trade;

(b) at the distribution date, after giving effect to the issue of the security and any other securities of the same class or series that were issued at the same time as or as part of the same distribution as the security, residents of Canada: (i) did not own directly or indirectly more than 10 percent of the outstanding securities of the

class or series; and (ii) did not represent in number more than 10 percent of the total number of owners directly or

indirectly of securities of the class or series; and

(c) the trade is made: (i) through an exchange, or a market, outside of Canada; or (ii) to a person or company outside of Canada;

21. the Filer meets all eligibility criteria for the exemption in section 2.14 of NI 45-102 except that residents of Canada (including the CPPIB Entities) hold more than 10% of outstanding Ordinary Shares;

22. as of December 31, 2016, excluding the Ordinary Shares indirectly and directly owned by the CPPIB Entities

and assuming the issuance of all of the Ordinary Shares reserved for issuance under the ESPP to the current Canadian Employees, residents of Canada would not own, directly or indirectly, more than 10% of issued and


April 13, 2017

(2017), 40 OSCB 3336

outstanding Ordinary Shares, and would not represent in number more than 10% of the total number of owners, directly or indirectly, of Ordinary Shares;

23. any resale of the Ordinary Shares by Canadian residents would be made through the facilities of NASDAQ or

such foreign market as may develop, as there is no market for the Ordinary Shares in Canada and none is expected to develop; and

24. the Filer has no intention to file a prospectus in Canada; absent an exemption, the Ordinary Shares held by

Canadian Employees are or will be subject to resale restrictions that may never expire. Decision

4 Each of the Decision Makers is satisfied that the decision meets the test set out in the Legislation for the Decision

Maker to make the decision. The decision of the Decision Makers under the Legislation is that the Exemption Sought is granted provided that:

(a) the Filer i. was not a reporting issuer in any jurisdiction of Canada at the distribution date of the

Ordinary Shares under the ESPP to Canadian Employees, or ii. is not a reporting issuer in any jurisdiction of Canada at the date of the first trade;

(b) the first trade of Ordinary Shares held by Canadian Employees is executed through the facilities of NASDAQ or on another exchange or a market outside of Canada, or to a person or company outside of Canada; and

(c) at the distribution date of Ordinary Shares under the ESPP to Canadian Employees, Canadian

residents, other than the CPPIB Entities, do not i. own, directly or indirectly, more than 10% of the outstanding Ordinary Shares, and ii. represent in number more than 10% of the total number of owners, directly or indirectly, of

Ordinary Shares.

“Christina Wolf” Acting Executive Director British Columbia Securities Commission


April 13, 2017

(2017), 40 OSCB 3337

2.1.2 Brookfield Investment Management (Canada) Inc. Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – fund family relief from the requirement to send a printed information circular to registered holders of the securities of an investment fund – relief subject to conditions, including sending an explanatory document in lieu of the printed information circular and giving securityholders the option to request and obtain at no charge a printed information circular – notice-and-access for investment funds – National Instrument 81-106 Investment Fund Continuous Disclosure. Applicable Legislative Provisions

National Instrument 81-106 Investment Fund Continuous Disclosure, s. 12.2(2)(a).

April 3, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF ONTARIO

(the Jurisdiction)

AND



AND

IN THE MATTER OF BROOKFIELD INVESTMENT MANAGEMENT (CANADA) INC.

(the Filer)

DECISION

Background

The principal regulator in the Jurisdiction has received an application from the Filer, on behalf of existing and future investment funds that are or will be managed from time to time by the Filer or by an affiliate or successor of the Filer (collectively, the Funds, and each, a Fund), for a decision under the securities legislation of the Jurisdiction (the Legislation) granting an exemption from the requirement contained in paragraph 12.2(2)(a) of National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-106) for a person or company that solicits proxies, by or on behalf of management of a Fund, to send an

information circular to each registered holder of securities of a Fund whose proxy is solicited, and instead allow a Fund to send a Notice-and-Access Document (as defined in condition 1 of this decision) using the Notice-and-Access Procedure (as defined in condition 2 of this decision) (the Exemption Sought).

Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application):

(a) the Ontario Securities Commission is the principal regulator for this application; and (b) the Filer has provided notice that Section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-

102) is intended to be relied upon in British Columbia, Alberta, Manitoba, Saskatchewan, Quebec, New

Brunswick, Nova Scotia, Newfoundland and Labrador, Prince Edward Island, Nunavut, Yukon and Northwest Territories (collectively, with the Jurisdiction, the Jurisdictions).

Interpretation

Terms defined in National Instrument 14-101 Definitions, MI 11-102, National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) and National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer (NI 54-101) have the same meaning if used in this decision, unless otherwise defined.


April 13, 2017

(2017), 40 OSCB 3338

Representations

This decision is based on the following facts represented by the Filer: The Filer and the Funds 1. The head office of the Filer is located in Toronto, Ontario. 2. The Filer is registered as an investment fund manager in the provinces of Ontario, Quebec and Newfoundland and

Labrador. 3. The Funds are, or will be, managed by the Filer or by an affiliate or successor of the Filer. 4. Each Fund is, or will be, an investment fund and is, or will be, a reporting issuer in one or more of the Jurisdictions. 5. The Filer and the existing Funds are not in default of the securities legislation in any of the Jurisdictions. Meetings of Securityholders of the Funds

6. Pursuant to applicable legislation, the Filer must call a meeting of securityholders of each Fund from time to time to

consider and vote on matters requiring securityholder approval. 7. In connection with a meeting of securityholders, a Fund is required to comply with the requirements in NI 81-106

regarding the sending of proxies and information circulars to registered holders of its securities, which include a requirement that each person or company that solicits proxies by or on behalf of management of a Fund send, with the notice of meeting, to each registered holder of securities of a Fund whose proxy is solicited, an information circular, prepared in compliance with the requirements of Form 51-102F5 Information Circular of NI 51-102, to securityholders

of record who are entitled to receive notice of the meeting. 8. A Fund is also required to comply with NI 51-102 for communicating with registered holders of its securities, and to

comply with NI 54-101 for communicating with beneficial owners of its securities. Notice-and-Access Procedure – Corporate Finance Issuers 9. Section 9.1.1 of NI 51-102 permits, if certain conditions are met, a reporting issuer that is not an investment fund to use

the notice-and-access procedure and send, instead of an information circular, a notice to each registered holder of its securities that contains certain specific information regarding the meeting and an explanation of the notice-and-access procedure.

10. Section 2.7.1 of NI 54-101 permits a reporting issuer that is not an investment fund to use a similar procedure to

communicate with each beneficial owner of its securities. Reasons supporting the Exemption Sought

11. A meeting of investment fund securityholders is no different than a meeting of corporate finance securityholders. As a

result, if the notice-and access procedure set forth in NI 51-102 and in NI 54-101 can be used by a corporate finance issuer for a meeting of its securityholders in order to send a notice-and-access document instead of an information circular, it would not be detrimental to the protection of investors to allow an investment fund to also use the Notice-and-Access Procedure to send a Notice-and-Access Document, instead of the information circular.

12. With the Exemption Sought, securityholders will maintain access to the same quality of disclosure material currently

available. Without limiting the generality of the foregoing: (a) all securityholders of record entitled to receive an information circular will receive instructions on how to

access the information circular and will be able to receive a printed copy, without charge, if they so desire; and (b) the conditions to the Exemption Sought mandate that the Notice-and-Access Document will be sent to

securityholders sufficiently in advance of a meeting so that if a securityholder wishes to receive a printed copy of the information circular, there will be sufficient time for the Filer, directly or through the Filer’s agent, to send the information circular.

13. With the Notice-and-Access Procedure, no securityholder will be deprived of their ability to access the information

circular in his/her preferred manner of communication.


April 13, 2017

(2017), 40 OSCB 3339

14. In accordance with the Filer’s standard of care owed to the relevant Fund pursuant to applicable legislation, the Filer will only use the Notice-and-Access Procedure for a particular meeting where it has concluded it is appropriate and consistent to do so, also taking into account the purpose of the meeting and whether the Fund would obtain a better participation rate by sending the information circular with the other proxy-related materials.

15. There are significant costs involved in the printing and delivery of the proxy-related materials, including information

circulars, to securityholders in the Funds. Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision. The decision of the principal regulator under the Legislation is that the Exemption Sought is granted provided that, in respect of each Fund or the Filer soliciting proxies by or on behalf of management of a Fund: 1. The registered holders or beneficial owners, as applicable, of securities of the Fund are sent a document that contains

the following information and no other information (the Notice-and-Access Document):

(a) the date, time and location of the meeting for which the proxy-related materials are being sent; (b) a description of each matter or group of related matters identified in the form of proxy to be voted on unless

that information is already included in a Form 54-101F6 Request for Voting Instructions Made by Reporting Issuer or Form 54-101F7 Request for Voting Instructions Made by Intermediary as applicable, that is being sent to the beneficial owner of securities of the Fund under condition (2)(c) of this decision;

(c) the website addresses for SEDAR and the non-SEDAR website where the proxy-related materials are posted; (d) a reminder to review the information circular before voting; (e) an explanation of how to obtain a paper copy of the information circular and, if applicable, the financial

statements of the Fund; (f) a plain-language explanation of the Notice-and-Access Procedure that includes the following information:

(i) the estimated date and time by which a request for a paper copy of the information circular and, if

applicable, the financial statements of the Fund, is to be received in order for the registered holder or beneficial owner, as applicable, to receive the paper copy in advance of any deadline for the submission of voting instructions for the meeting;

(ii) an explanation of how the registered holders or the beneficial owners, as applicable, of securities of

the Fund are to return voting instructions, including any deadline for return of those instructions; (iii) the sections of the information circular where disclosure regarding each matter or group of related

matters identified in the Notice-and-Access Document can be found; and (iv) a toll-free telephone number the registered holders or the beneficial owners, as applicable, of

securities of the Fund can call to get information about the Notice-and-Access Procedure.

2. The Filer, on behalf of the Fund, sends the Notice-and-Access Document in compliance with the following procedure (the Notice-and-Access Procedure), in addition to any and all other applicable requirements:

(a) the proxy-related materials are sent a minimum of 30 days before a meeting and a maximum of 50 days

before a meeting; (b) if the Fund sends proxy-related materials:

(i) directly to a NOBO using the Notice-and-Access Procedure, then the Fund must send the Notice-

and-Access Document and, if applicable, any paper copies of information circulars and the financial statements, at least 30 days before the date of the meeting; and

(ii) indirectly to a beneficial owner using the Notice-and-Access Procedure, then the Fund must send the

Notice-and-Access Document and, if applicable, any paper copies of information circulars and the


April 13, 2017

(2017), 40 OSCB 3340

financial statements to the proximate intermediary (A) at least 3 business days before the 30th day before the date of the meeting, in the case of proxy-related materials that are to be sent on by the proximate intermediary by first class mail, courier or the equivalent, or (B) at least 4 business days before the 30th day before the date of the meeting, in the case of proxy-related materials that are to be sent using any other type of prepaid mail;

(c) using the procedures referred to in section 2.9 or 2.12 of NI 54-101, as applicable, the beneficial owner of

securities of the Fund is sent, by prepaid mail, courier or the equivalent, the Notice-and-Access Document and a Form 54-101F6 or Form 54-101F7, as applicable;

(d) the Filer, on behalf of the Fund, files on SEDAR the notification of meeting and record dates on the same date

that it sends the notification of meeting date and record date pursuant to subsection 2.2(1) of NI 54-101 (as such time may be abridged);

(e) public electronic access to the information circular and the Notice-and-Access Document is provided on or

before the date that the Notice-and-Access Document is sent to registered holders or to beneficial owners, as applicable, of securities of the Fund in the following manner: (i) the information circular and the Notice-and-Access Document are filed on SEDAR; and (ii) the information circular and the Notice-and-Access Document are posted until the date that is one

year from the date that the documents are posted, on a website of the Filer or the Fund;

(f) a toll-free telephone number is provided for use by the registered holders or beneficial owners, as applicable, of securities of the Fund to request a paper copy of the information circular and, if applicable, the financial statements of the Fund, at any time from the date that the Notice-and-Access Document is sent to the registered holders or the beneficial owners, as applicable, up to and including the date of the meeting, including any adjournment or postponement;

(g) if a request for a paper copy of the information circular and, if applicable, the financial statements of the Fund,

is received at the toll-free telephone number provided in the Notice-and-Access Document or by any other means, a paper copy of any such document requested is sent free of charge to the registered holder or beneficial owner, as applicable, at the address specified in the request in the following manner: (i) in the case of a request received prior to the date of the meeting, within 3 business days after

receiving the request, by first class mail, courier or the equivalent; and (ii) in the case of a request received on or after the date of the meeting, and within one year of the date

the information circular is filed on SEDAR, within 10 calendar days after receiving the request, by prepaid mail, courier or the equivalent;

(h) a Notice-and-Access Document is only accompanied by:

(i) a form of proxy; (ii) if applicable, the financial statements of the Fund to be presented at the meeting; and (iii) if the meeting is to approve a reorganization of the Fund with another investment fund, as

contemplated by paragraph 5.1(1)(f) of National Instrument 81-102 Investment Funds, the fund facts document, ETF summary document or ETF facts document, as applicable, for the continuing investment fund;

(i) a Notice-and-Access Document may only be combined in a single document with a form of proxy; (j) if the Filer, directly or through the Filer’s agent, receives a request for a copy of the information circular and if

applicable, the financial statements of the Fund, using the toll-free telephone number referred to in the Notice-and-Access Document or by any other means, it must not do any of the following: (i) ask for any information about the registered holder or beneficial owner, other than the name and

address to which the information circular and, if applicable, the financial statements of the Fund are to be sent; and


April 13, 2017

(2017), 40 OSCB 3341

(ii) disclose or use the name or address of the registered holder or beneficial owner for any purpose other than sending the information circular and, if applicable, the financial statements of the Fund;

(k) the Filer, directly or through the Filer’s agent, must not collect information that can be used to identify a person

or company who has accessed the website address to which it posts the proxy-related materials pursuant to condition (2)(e)(ii) of this decision;

(l) in addition to the proxy-related materials posted on a website in the manner referred to in condition (2)(e)(ii) of

this decision, the Filer must also post on the website the following documents: (i) any disclosure document regarding the meeting that the Filer, on behalf of the Fund, has sent to

registered holders or beneficial owners of securities of the Fund; and (ii) any written communications the Filer, on behalf of the Fund, has made available to the public

regarding each matter or group of matters to be voted on at the meeting, whether or not they were sent to registered holders or beneficial owners of securities of the Fund;

(m) materials that are posted on a website pursuant to condition (2)(e)(ii) of this decision must be posted in a

manner and be in a format that permit an individual with a reasonable level of computer skill and knowledge to do all of the following easily: (i) access, read and search the documents on the website; and (ii) download and print the documents;

(n) despite subsection 2.1(b) of NI 54-101, if the Fund relies upon this decision, it must set a record date for notice that is no fewer than 40 days before the date of the meeting;

(o) in addition to section 2.20 of NI 54-101, the Fund may only abridge the time prescribed in subsections 2.1(b),

2.2(1) or 2.5(1) of NI 54-101 if the Fund fixes the record date for notice to be at least 40 days before the date of the meeting and sends the notification of meeting and record dates at least 3 business days before the record date for notice;

(p) the notification of meeting date and record date sent pursuant to subsection 2.2(1)(b) of NI 54-101 shall

specify that the Fund is sending proxy-related materials to registered holders or beneficial owners, as applicable, of securities of the Fund using the Notice-and-Access Procedure pursuant to the terms of this decision;

(q) the Filer, on behalf of the Fund, provides disclosure in the information circular to the effect that the Fund is

sending proxy-related materials to registered holders or beneficial owners, as applicable, of securities of the Fund using the Notice-and-Access Procedure pursuant to the terms of this decision; and

(r) the Filer pays for delivery of the information circular and, if applicable, the financial statements of the Fund, to

registered holders or to beneficial owners, as applicable, of securities of the Fund if a copy of such material is requested following receipt of the Notice-and-Access Document.

The Exemption Sought terminates on the coming into force of any legislation or regulation allowing an investment fund to use a notice-and-access procedure. “Darren McKall” Manager Investment Funds and Structured Products Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3342

2.1.3 Desjardins Global Asset Management Inc. et al. Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – relief granted to exchange-traded mutual funds for continuous distribution of securities – relief to permit funds’ prospectus to include a modified statement of investor rights – relief to permit funds’ prospectus to not include an underwriter’s certificate – relief from take-over bid requirements for normal course purchases of securities on the TSX – prospectus form and underwriting certificate relief granted subject to manager filing a prescribed summary document for each fund on SEDAR and other terms and conditions set out in decision document and subject to sunset clause tied to the implementation of rule amendments to create new ETF Facts document to replace summary document. Applicable Legislative Provisions

Securities Act (Ontario), R.S.O. 1990, c. S. 5, as am., ss. 59(1), 147. National Instrument 41-101 General Prospectus Requirements, s. 19.1. Form 41-101F2 Information Required in an Investment Fund Prospectus, Item 36.2. National Instrument 62-104 Take-Over Bids and Issuer Bids, Part 2 and s. 6.1.

March 6, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF QUÉBEC AND ONTARIO

(the Jurisdictions)

AND



AND

IN THE MATTER OF DESJARDINS GLOBAL ASSET MANAGEMENT INC.

(THE FILER)

AND

DESJARDINS CANADA MULTIFACTOR-CONTROLLED VOLATILITY ETF, DESJARDINS USA MULTIFACTOR-CONTROLLED VOLATILITY ETF,

DESJARDINS DEVELOPED EX-USA EX-CANADA MULTIFACTOR-CONTROLLED VOLATILITY ETF, DESJARDINS EMERGING MARKETS MULTIFACTOR-CONTROLLED VOLATILITY ETF,

DESJARDINS CANADIAN UNIVERSE BOND INDEX ETF, DESJARDINS CANADIAN SHORT TERM BOND INDEX ETF,

DESJARDINS 1-5 YEAR LADDERED CANADIAN CORPORATE BOND INDEX ETF, DESJARDINS 1-5 YEAR LADDERED CANADIAN GOVERNMENT BOND INDEX ETF,

DESJARDINS CANADIAN PREFERRED SHARE INDEX ETF (the Proposed ETFs)

DECISION

Background

The securities regulatory authority or regulator in each of the Jurisdictions (each a Decision Maker) has received an application

from the Filer on behalf of the Proposed ETFs, and such other exchange-traded mutual funds as the Filer, or an affiliate of the Filer, may manage in the future (the Future ETFs, and together with the Proposed ETFs, the ETFs and individually, an ETF) for a decision under the securities legislation of the Jurisdictions (the Legislation) that:

(a) exempts the Filer and each ETF from the requirement to include a certificate of an underwriter in an ETF’s

prospectus (the Underwriter’s Certificate Requirement);


April 13, 2017

(2017), 40 OSCB 3343

(b) exempts the Filer and each ETF from the requirement to include in an ETF’s prospectus the statement respecting purchasers’ statutory rights of withdrawal and remedies of rescission or revisions of the price or damages in substantially the form prescribed in item 36.2 of Form 41-101F2 Information Required in an Investment Fund Prospectus (the Prospectus Form Requirement); and

(c) exempts a person or company purchasing ETF Securities (as defined below) in the normal course through the

facilities of the TSX (as defined below) or another marketplace from the Take-Over Bid Requirements (as defined below)

(collectively, the Exemption Sought).

Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a dual application):

(a) the Autorité des marchés financiers is the principal regulator for this application; (b) the Filer has provided notice that section 4.7(1) of Regulation 11-102 respecting Passport System (c. V-1.1,

r.1) (Regulation 11-102) is intended to be relied upon in the jurisdictions of Canada other than the

Jurisdictions; and (c) the decision is the decision of the principal regulator and evidences the decision of the securities regulatory

authority or regulator in Ontario. Interpretation

Terms defined in Regulation 11-102, Regulation 14-101 respecting Definitions (c. V-1.1, r.3), Regulation 21-101 respecting Marketplace Operation (c. V-1.1, r.5), Regulation 41-101 respecting General Prospectus Requirements (c. V-1.1, r.14) (Regulation 41-101), Regulation 62-104 respecting Take-Over Bids and Issuer Bids (c. V-1.1, r.35) (Regulation 62-104) and Regulation 81-102 respecting Investment Funds (c. V-1.1, r.39) (Regulation 81-102) have the same meaning if used in this

decision, unless otherwise defined. Capitalized terms used in this decision have the following meanings: Affiliate Dealer means a registered dealer that is an affiliate of an Authorized Dealer or Designated Broker and that participates

in the re-sale of Creation Units (as defined below) from time to time. Authorized Dealer means a registered dealer that has entered, or intends to enter, into an agreement with the manager of an exchange-traded fund including the Filer (an ETF Manager) on behalf of one or more ETFs, authorizing the dealer to subscribe

for, purchase and redeem Creation Units from one or more ETFs on a continuous basis from time to time. Designated Broker means a registered dealer that has entered, or intends to enter, into an agreement with an ETF Manager,

on behalf of one or more ETFs, to perform certain duties in relation to the ETFs, including posting a liquid two-way market for the trading of the ETF’s listed securities on the TSX or another marketplace. ETF Facts means a prescribed disclosure document as contemplated under the proposed amendments to Regulation 41-101

published on December 8, 2016, in respect of one or more classes or series of ETF Securities being distributed under a prospectus. ETF Security or ETF Securities means a listed security or listed securities of an ETF in a jurisdiction of Canada.

Other Dealer means a registered dealer that acts as authorized dealer or designated broker to other exchange-traded funds

that are not managed by the Filer and that have received relief under a Prospectus Delivery Decision. Prospectus Delivery Decision means a decision granting relief from the Prospectus Delivery Requirement to a Designated

Broker, Authorized Dealer, Affiliate Dealer or Other Dealer dated August 24, 2015, or, in some jurisdictions of Canada, any subsequent decision, granting similar relief to a Designated Broker, Authorized Dealer, Affiliate Dealer or Other Dealer, and in each case, that is in effect at the relevant time. Prospectus Delivery Requirement means the requirement under the Legislation that obligates a dealer to send or deliver to

the subscriber or the purchaser or its agent, within a specified time period and in a specified manner, the prospectus, and any amendment to the prospectus, in respect of an application to subscribe for or purchase securities offered in a distribution. In Québec, the Prospectus Delivery Requirement does not apply to a dealer who receives an order to subscribe for or purchase a mutual fund traded on an exchange or an alternative trading system, in accordance with the Statutory Exemption to Dealers. Prospectus Right of Rescission means the right of action, given to a person under the Legislation, for rescission or the

revision of the price or damages against a dealer, for failure of the dealer to send or deliver a prospectus to the subscriber or the


April 13, 2017

(2017), 40 OSCB 3344

purchaser of a security offered in a distribution, or its agent to whom a prospectus and any amendment was required to be sent or delivered but was not sent or delivered pursuant to the Prospectus Delivery Requirement. In Québec, this right set forth in section 214 of the Securities Act, CQLR, c. V-1.1 does not apply to an order to subscribe for or purchase a mutual fund traded on an exchange or an alternative trading system, in accordance with the Statutory Exemption to Dealers. Right of Withdrawal means the right, given to a subscriber or a purchaser under the Legislation, to withdraw from a

subscription for or a purchase of a security offered in a distribution if the dealer from which the subscriber or the purchaser subscribed or purchased the securities receives written notice evidencing the intention of the subscriber or the purchaser not to be bound by the subscription or the purchase within two business days of receipt of the latest prospectus or any amendment to the prospectus. In Québec, this right set forth in section 30 of the Securities Act, CQLR, c. V-1.1 does not apply to an order to

subscribe for or purchase a mutual fund traded on an exchange or an alternative trading system, in accordance with the Statutory Exemption to Dealers. Securityholders means beneficial and registered holders of ETF Securities.

Summary Document means a document, in respect of one or more classes or series of ETF Securities being distributed under

a prospectus, prepared in accordance with Appendix A. Statutory Exemption to Dealers means, in Québec, the exemption from the Prospectus Delivery Requirement, provided to a

dealer who receives an order to subscribe for or purchase a security of a mutual fund traded on an exchange or an alternative trading system. This exemption is set forth in the third paragraph of section 29 of the Securities Act, CQLR c. V-1.1. Take-Over Bid Requirements means the requirements applicable to take-over bids in Part 2 of Regulation 62-104.

Trade Confirmation Rights means, collectively, the rights, given to a subscriber or purchaser of an ETF Security under the

Legislation in certain circumstances, to rescind the subscription or the purchase, or to demand the purchase or repurchase, within 48 hours after receiving confirmation of the subscription or the purchase. In Québec, the right to demand the purchase or repurchase is set forth in section 109.8 of the Securities Act, CQLR, c. V-1.1. TSX means the Toronto Stock Exchange or any successor exchange to the TSX.

Representations

This decision is based on the following facts represented by the Filer: General 1. The Filer is a corporation established under the laws of the Province of Québec, with its head office located in

Montréal, Québec. 2. The Filer, or an affiliate of the Filer, is, or will be, the investment fund manager of the ETFs. The Filer is duly registered

as an investment fund manager and as a portfolio manager in the Provinces of Québec, Ontario, Newfoundland and Labrador and in one or more other jurisdictions of Canada.

3. The Filer has filed, or will file, a long form prospectus in accordance with Regulation 41-101 on behalf of the ETFs. 4. The Filer has applied to list the ETF Securities on the TSX or another marketplace. 5. The Filer is not in default of securities legislation in any jurisdictions of Canada. 6. Each ETF will be a mutual fund created under the laws of the Province of Québec or Ontario. 7. Each ETF will be reporting issuer in one or more of the jurisdictions of Canada and will be subject to the provisions of

Regulation 81-102, subject to any exemptions therefrom that have been, or may be, granted by the applicable securities regulatory authorities.

8. ETF Securities will be distributed on a continuous basis in one or more of the jurisdictions of Canada under a

prospectus. 9. A prescribed number of ETF Securities may generally only be subscribed for or purchased directly from the ETFs by

Authorized Dealers or Designated Brokers on any trading day when there is a trading session on the TSX or other marketplace (a Creation Unit). Authorized Dealers or Designated Brokers subscribe for Creation Units for the purpose

of facilitating investor purchases of ETF Securities on the TSX or another marketplace.


April 13, 2017

(2017), 40 OSCB 3345

10. In addition to subscribing for and re-selling Creation Units, Authorized Dealers, Designated Brokers and Affiliate Dealers will also generally be engaged in purchasing and selling ETF Securities of the same class or series as the Creation Units in the secondary market. Other Dealers may also be engaged in purchasing and selling ETF Securities of the same class or series as the Creation Units in the secondary market despite not being an Authorized Dealer, Designated Broker or Affiliate Dealer.

11. According to the Authorized Dealers and Designated Brokers, Creation Units will generally be commingled with other

ETF Securities purchased by the Authorized Dealers, Designated Brokers and Affiliate Dealers in the secondary market. As such, it is not practicable for the Authorized Dealers, Designated Brokers or Affiliate Dealers to determine whether a particular re-sale of ETF Securities involves Creation Units or ETF Securities purchased in the secondary market.

12. Except for Authorized Dealer and Designated Broker subscriptions for Creation Units, as described above, ETF

Securities generally may not be purchased directly from an ETF. ETF investors are generally expected to purchase and sell ETF Securities, directly or indirectly, through dealers executing trades through the facilities of the TSX or another marketplace.

Reasons supporting the Underwriter’s Certificate Relief

13. The Authorized Dealers and Designated Brokers will not provide the same services in connection with a distribution of

Creation Units as would typically be provided by an underwriter in a conventional underwriting. 14. The Authorized Dealers and Designated Brokers will not be involved in the preparation of an ETF’s prospectus and

would not perform any review or any independent due diligence of the contents of an ETF’s prospectus. 15. The Filer generally conducts its own marketing, advertising and promotion of the ETFs. The Authorized Dealers and

Designated Brokers will not incur any marketing costs or receive any underwriting fees or commissions from the ETFs or the Filer in connection with the distribution of Creation Units.

Reasons supporting the Prospectus Form Requirement Relief 16. Under the applicable Prospectus Delivery Decision or as a result from the Statutory Exemption to Dealers, the

Authorized Dealers, Designated Brokers and Affiliate Dealers are exempt from the Prospectus Delivery Requirement in connection with the re-sale of Creation Units to investors on the TSX or another marketplace. Other Dealers are also exempt from the Prospectus Delivery Requirement in connection with the re-sale of creation units of other exchange-traded funds that are not managed by the Filer. Consequently, the Prospectus Right of Rescission and the Right of Withdrawal are not available or remain without effect to a purchaser of an ETF Security.

17. The Exemption Sought from the Prospectus Form Requirement is required to reflect the relief provided in each

Prospectus Delivery Decision or as a result from the Statutory Exemption to Dealers. Accordingly, the Filer will include disclosure in each ETF’s prospectus explaining the impact on a purchaser’s statutory rights as a result of the Prospectus Delivery Decision or the Statutory Exemption to Dealers, in replacement of the disclosure prescribed by the Prospectus Form Requirement.

18. The disclosure related to the Trade Confirmation Rights in applicable jurisdictions of Canada, and other rights and

remedies if the prospectus and any amendment contain a misrepresentation, remain unaffected by the grant of the exemption from the Prospectus Form Requirement.

Reasons supporting the Take-over Bid Requirements Relief 19. As equity securities that will trade on the TSX or another marketplace, it is possible for a person or company to acquire

such number of ETF Securities so as to trigger the application of the Take-Over Bid Requirements. However, (a) it is not, or will not, be possible for one or more Securityholders to exercise control or direction over an ETF as

the constating documents of each ETF will provide that there can be no changes made to such ETF which do not have the support of the Filer;

(b) the way in which ETF Securities of an ETF will be priced generally deters anyone from either seeking to

acquire control, or offering to pay a control premium, for outstanding ETF Securities because pricing for ETF Securities of an ETF will be dependent upon, among other things, the performance of the portfolio of the ETF as a whole; and


April 13, 2017

(2017), 40 OSCB 3346

(c) it will be difficult for purchasers of ETF Securities of an ETF to monitor compliance with the Take-Over Bid Requirements because the number of outstanding ETF Securities will always be in flux as a result of the ongoing issuance and redemption of ETF Securities by each ETF.

20. The application of the Take-Over Bid Requirements to the ETFs may have an adverse impact on liquidity of the ETF

Securities because they could cause Designated Brokers and other large Securityholders to cease trading ETF Securities once the Securityholder has reached the prescribed threshold at which the Take-Over Bid Requirements would apply.

Decision

Each of the Decision Makers is satisfied that the decision meets the test set out in the Legislation for the Decision Maker to make the decision. 1. The decision of the Decision Makers under the Legislation is that the Exemption Sought is granted in respect of the

Underwriter’s Certificate Requirement and the Prospectus Form Requirement, provided that the Filer will be in compliance with the following conditions: (a) the Filer files with the applicable jurisdictions of Canada on SEDAR the Summary Document for each class or

series of ETF Securities concurrently with the filing of the final prospectus for that ETF; (b) the Filer displays on its website in a manner that would be considered prominent to a reasonable investor the

Summary Document for each class or series of ETF Securities for each ETF; (c) the Filer amends the Summary Document at the same time it files any amendments to the ETF's prospectus

that affect the disclosure in the Summary Document and files the amended Summary Document with the applicable jurisdictions of Canada on SEDAR and makes it available on its website in a manner that would be considered prominent to a reasonable investor;

(d) the Filer provides or makes available to each Authorized Dealer, Designated Broker, Affiliate Dealer or Other

Dealer, the number of copies of the Summary Document of each ETF Security that the Authorized Dealer, Designated Broker, Affiliate Dealer or Other Dealer reasonably requests;

(e) (i) each ETF’s prospectus, as the same may be amended from time to time, will incorporate the relevant

Summary Document by reference; (ii) each Proposed ETF's prospectus, pro forma prospectus or any amendment thereto will, and each

Future ETF’s preliminary prospectus, pro forma prospectus, prospectus or any amendment thereto will, contain the disclosure referred to in paragraph 17 above; and

(iii) each Proposed ETF's prospectus or pro forma prospectus will, and each Future ETF’s preliminary

prospectus, prospectus or pro forma prospectus will, disclose the relief granted pursuant to the Exemption Sought and the Prospectus Delivery Decision under Item 34.1 of Form 41-101F2 – Information Required in an Investment Fund Prospectus, as applicable;

(f) the Filer obtains an executed acknowledgement from each Authorized Dealer, Designated Broker and Affiliate

Dealer, and uses its best efforts to obtain an acknowledgment from each Other Dealer: (i) indicating such dealer’s election, to send or deliver the Summary Document in accordance with a

Prospectus Delivery Decision or, alternatively, to comply with the Prospectus Delivery Requirement; and

(ii) if the Authorized Dealer, Designated Broker, Affiliate Dealer or Other Dealer agrees to deliver the

Summary Document in accordance with a Prospectus Delivery Decision:

(A) an undertaking that the Authorized Dealer, Designated Broker, Affiliate Dealer or Other Dealer will attach or bind one ETF's Summary Document with another ETF's Summary Document only if the documents are being sent or delivered under the Prospectus Delivery Decision at the same time to an investor purchasing ETF Securities of each such ETF; and

(B) confirming that the Authorized Dealer, Designated Broker, Affiliate Dealer or Other Dealer

has in place written policies and procedures to ensure that it is in compliance with the conditions of the Prospectus Delivery Decision;


April 13, 2017

(2017), 40 OSCB 3347

(g) the Filer will keep records of which Authorized Dealers, Designated Brokers, Affiliate Dealers and Other Dealers have provided it with an acknowledgement under a Prospectus Delivery Decision, and which intend to rely on and comply with the Prospectus Delivery Decision or intend to comply with the Prospectus Delivery Requirement;

(h) the Filer files with its principal regulator, to the attention of the Director, Investment Funds, on or before

January 31st in each calendar year, a certificate signed by an ultimate designated person certifying that, to the best of the knowledge of such person, after making due inquiry, the Filer has complied with the terms and conditions of this decision during the previous calendar year;

(i) if the Filer files an ETF Facts instead of a Summary Document with respect to a class or series of ETF

Securities, the latest ETF Facts filed in respect of such class or series of ETF Securities must be substituted for the Summary Document in order to satisfy the foregoing conditions with respect to any purchase of such class or series of ETF Securities that occurs after the date of the filing of such ETF Facts;

(j) conditions (a), (b), (c) and (e)(i) above do not apply to the Exemption Sought with respect to a class or series

of an ETF Security if the Filer files an ETF Facts for such class or series of the ETF Security; (k) conditions (d), (e)(ii), (e)(iii), (f), (g) and (h) above do not apply to an ETF with respect to the Exemption

Sought after any new legislation or rule dealing with the Prospectus Delivery Decision takes effect and any applicable transition period has expired.

2. The Exemption Sought from the Prospectus Form Requirement, as it relates to one or more of the jurisdictions of

Canada, will terminate on the latest of: (i) the coming into force of any legislation or rule dealing with the Exemption Sought from the Prospectus Form Requirement, or (ii) the end date of any applicable transition period for any legislation or rule dealing with the Exemption Sought from the Prospectus Form Requirement.

3. The decision of the Decision Makers under the Legislation is that the Exemption Sought in respect of the Take-Over

Bid Requirements is granted. “Gilles Leclerc” Superintendent, Securities Markets Autorité des marchés financiers


April 13, 2017

(2017), 40 OSCB 3348

APPENDIX A

CONTENTS OF SUMMARY DOCUMENT

General Instructions

1. Items 1 to 10 represent the minimum disclosure required in a Summary Document for a fund. The inclusion of

additional information is not precluded so long as the Summary Document does not exceed a total of four pages in length (two pages double-sided).

2. Terms defined in Regulation 81-102 respecting Investment Funds, Regulation 81-105 respecting Mutual Fund Sales

Practices or Regulation 81-106 respecting Investment Fund Continuous Disclosure and used in this Summary Document have the meanings that they have in those regulations.

3. Information in the Summary Document must be clear and concise and presented in plain language. 4. The format and presentation of information in the Summary Document are not prescribed but the information must be

presented in a manner that assists in readability and comprehension. 5. The order of the Items outlined below is not prescribed, except for Items 1 and 2, which must be presented as the first

2 items in the Summary Document. 6. Each reference to a fund in this Appendix A refers to an ETF as defined in the decision above. Item 1 – Introduction

Include at the top of the first page a heading consisting of:

(a) the title “Summary Document”; (b) the name of the manager of the fund; (c) the name of the fund to which the Summary Document pertains; and (d) the date of the document.

Item 2 – Cautionary Language

Include a statement in italics in substantially the following form:

“The following is a summary of the principal features of this fund. You can find more detailed information about the fund in the prospectus. The prospectus is available on [insert name of the manager of the fund] website at [insert manager of the fund website], or by contacting [insert name of the manager of the fund] at [insert manager of the fund’s email address], or by calling [insert telephone number of the manager of the fund].”

Item 3 – Fund Details

Include the following disclosure:

(a) ticker symbol; (b) fund identification code(s); (c) index ticker (as applicable); (d) exchange; (e) currency; (f) inception date;


April 13, 2017

(2017), 40 OSCB 3349

(g) RSP eligibility; (h) DRIP eligibility; (i) expected frequency and timing of distributions, and if applicable, the targeted amount for distributions; (j) management expense ratio, if available; and (k) portfolio manager, when the fund is actively managed.

Item 4 – Investment Objectives

Include a description of the fundamental nature of the fund, or the fundamental features of the fund that distinguishes it from other funds. INSTRUCTIONS: Include a description of what the fund primarily invests in, or intends to primarily invest in, such as:

(a) a description of the fund, including what the fund invests in, and if it is trying to replicate an index, the name of the index, and an overview of the nature of securities covered by the index or the purpose of the index; and

(b) the key investment strategies of the fund.

Item 5 – Investments of the Fund

1. Include a table disclosing:

(a) the top 10 positions held by the fund; and (b) the percentage of net asset value of the fund represented by the top 10 positions.

2. Include at least one, and up to two, charts or tables that illustrate the investment mix of the fund’s investment portfolio. INSTRUCTIONS:

(a) The information required under this Item is intended to give a snapshot of the composition of the fund’s investment portfolio. The information required to be disclosed under this Item must be as at a date within 60 days before the date of the Summary Document.

(b) The information required under Item 5(2) must show a breakdown of the fund’s investment portfolio into

appropriate subgroups and the percentage of the aggregate net asset value of the fund constituted by each subgroup. The names of the subgroups are not prescribed and can include security type, industry segment or geographic location. The fund should use the most appropriate categories given the nature of the fund. The choices made must be consistent with disclosure provided under “Summary of Investment Portfolio” in the fund’s MRFP.

(c) For new funds where the information required to be disclosed under this Item is not available, provide a brief

statement explaining why the required information is not available. Item 6 – Risk

1. Include a statement in italics in substantially the following form:

“All investments involve risk. When you invest in the fund the value of your investment can go down as well as up. For a description of the specific risks of this fund, see the fund’s prospectus.”

2. If the cover page of the fund’s prospectus contains text box risk disclosure, also include a description of those risk factors in the Summary Document.

Item 7 – Fund Expenses

1. Include an introduction using wording similar to the following:


April 13, 2017

(2017), 40 OSCB 3350

“You don’t pay these expenses directly. They affect you because they reduce the fund’s returns.” 2. Provide information about the expenses of the fund in the form of the following table:

Annual rate (as a % of the fund’s value)

Management expense ratio (MER)

This is the total of the fund’s management fee and operating expenses.

Trading expense ratio (TER)

These are the fund’s trading costs.

Fund expenses

The amount included for fund expenses is the amount arrived at by adding the MER and the TER.

3. If the information in (2) is unavailable because the fund is new including wording similar to the following:

“The fund’s expenses are made up of the management fee, operating expenses and trading costs. The fund’s annual management fee is [*]% of the fund’s value. Because this fund is new, its operating expenses and trading costs are not yet available.”

INSTRUCTIONS: Use a bold font or other formatting to indicate that fund expenses is the total of all ongoing expenses set out in the chart and is not a separate expense charged to the fund. Item 8 – Trailing Commissions

1. If the manager of the fund or another member of the fund’s organization pays trailing commissions, include a brief

description of these commissions. 2. The description of any trailing commission must include a statement in substantially the following words:

“The trailing commission is paid out of the management fee. The trailing commission is paid for as long as you own the fund.”

Item 9 – Other Fees

1. Provide information about the amount of fees payable by an investor, other than those already described or payable by

designated brokers and underwriters. 2. Include a statement using wording similar to the following:

“You may pay brokerage fees to your dealer when you purchase and sell units of the fund.” INSTRUCTIONS:

(a) Examples include any redemption charges, sales charges or other fees, if any, associated with buying and selling securities of the fund.

(b) Provide a brief description of each fee disclosing the amount to be paid as a percentage (or, if applicable, a

fixed dollar amount) and state who charges the fee. Item 10 – Statement of Rights

State in substantially the following words:

“Under securities law in some provinces and territories, you have:

the right to cancel your purchase within 48 hours after you receive confirmation of the purchase, or


April 13, 2017

(2017), 40 OSCB 3351

other rights and remedies if this document or the fund’s prospectus contains a misrepresentation. You must act within the time limit set by the securities law in your province or territory.

For more information, see the securities law of your province or territory or ask a lawyer.”.

Item 11 – Past Performance

If the fund includes past performance: 1. Include an introduction using wording similar to the following:

This section tells you how the fund has performed over the past [insert the lesser of 10 years or the number of completed calendar years] years. Returns are after expenses have been deducted. These expenses reduce the fund’s returns. It’s important to note that this doesn’t tell you how the fund will perform in the future as past performance may not be repeated. Also, your actual after-tax return will depend on your personal tax situation.

2. Show the annual total return of the fund, in chronological order for the lesser of: (a) each of the 10 most recently completed calendar years; and (b) each of the completed calendar years in which the fund has been in existence and which the fund was a

reporting issuer.

3. Show the: (a) final value, of a hypothetical $1,000 investment in the fund as at the end of the period that ends within 60 days

before the date of the Summary Document and consists of the lesser of: (i) 10 years, or (ii) the time since inception of the fund, and

(b) the annual compounded rate of return that would equate the initial $1,000 investment to the final value.

INSTRUCTIONS: In responding to the requirements of this Item, a fund must comply with the relevant sections of Part 15 of Regulation 81-102 respecting Investment Funds as if those sections applied to a Summary Document. Item 12 – Benchmark Information

If the Summary Document includes benchmark information, ensure this information is consistent with the fund’s MRFP and presented in the same format as Item 11.


April 13, 2017

(2017), 40 OSCB 3352

2.1.4 Frankly Inc. Headnote

Multilateral Instrument 11-102 Passport System and National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – National Instrument 52-107, Acceptable Accounting Principles and Auditing Standards, ss. 3.1, 3.2 and 5.1 – National Instrument 51-102 Continuous Disclosure Obligations, s. 13.1 – s. 1.1, definition of “MD&A” - An issuer that is not yet an ‘SEC issuer’ wants to file financial statements prepared in accordance with U.S. GAAP and audited in accordance with U.S. GAAS – the issuer intends to become an SEC registrant – the issuer has filed a registration statement with the SEC; the issuer will meet all the elements of the definition of ‘SEC issuer’ once the SEC accepts its registration statement; the issuer will file financial statements and MD&A that comply with the requirements for SEC issuers in NI 52-107 and NI 51-102; if the issuer does not become an SEC issuer by a set date, it will re-file its financial statements in accordance with Canadian GAAP and Canadian GAAS and its MD&A in accordance with Form 51-102F1 Management's Discussion and Analysis. Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c.S.5, as am.

March 30, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF BRITISH COLUMBIA AND ONTARIO

(THE JURISDICTIONS)

AND



AND

IN THE MATTER OF FRANKLY INC.

(THE FILER)

DECISION Background

¶1 The securities regulatory authority or regulator in each of the Jurisdictions (the Decision Maker) has received an

application from the Filer for a decision under the securities legislation of the Jurisdictions (the Legislation) exempting the Filer from the requirement in section 3.2 and 3.3 of National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards (NI 52-107) that financial statements, other than acquisition statements, be prepared in accordance with Canadian GAAP applicable to publicly accountable enterprises and, if applicable, audited in accordance with Canadian GAAS, and exempting the Filer from the requirement in section 1.1 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) (in the definition of MD&A) that management’s discussion and analysis be prepared in accordance with the form of 51-102F1 (Canadian MD&A Form) with respect to the financial statements for the year ended December 31, 2016 and the interim period ended March 31, 2017 and the management’s discussion and analysis prepared for these periods (collectively, the Exemptions Sought).

Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a dual application):

(a) the British Columbia Securities Commission is the principal regulator for this application; (b) the Filer has provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102)

is intended to be relied upon in Alberta; and (c) the decision is the decision of the principal regulator and evidences the decision of the securities regulatory

authority or regulator in Ontario.


April 13, 2017

(2017), 40 OSCB 3353

Interpretation

¶2 Terms defined in National Instrument 14-101 Definitions, NI 52-107, NI 51-102 and MI 11-102 have the same meaning

if used in this decision, unless otherwise defined. Representations

¶3 This decision is based on the following facts represented by the Filer:

1. the Filer is a company continued pursuant to the Business Corporations Act (British Columbia);

2. the Filer’s head office is located at 333 Bryant Street, Suite 240, San Francisco, CA 94107; 3. the Filer's registered office is located at 2900-550 Burrard Street, Vancouver, British Columbia, V6C 0A3; 4. the primary business of the Filer is to provide an integrated software platform to broadcasters and media

companies which use this technology to get their content onto multiscreen devices, increase social interaction on those multiscreen experiences, and enable digital advertising;

5. the Filer is a reporting issuer in British Columbia, Alberta and Ontario and is not in default of securities

legislation in any jurisdiction; 6. the common shares of the Filer are listed on the TSX Venture Exchange Inc. under the symbol “TLK”; 7. the Filer’s financial year end is December 31; 8. all of the executive officers and the majority of the directors of the Filer are resident in the United States; no

directors or officers are resident in Canada; 9. the vast majority of the consolidated assets of the Filer are located in the United States through two operating

subsidiaries; 10. the business of the Filer is administered principally in the United States; 11. the majority of the Filer’s outstanding voting securities are directly or beneficially held by residents of the

United States or countries other than Canada; 12. on November 14, 2016, the Filer filed a registration statement on Form S-1 (the Form S-1) with the U.S.

Securities and Exchange Commission (the SEC), which was subsequently amended on January 11, 2017 and February 1, 2017 in response to comments of the SEC;

13. the Filer plans to further amend the Form S-1 (the S-1 Amendment) on or about March 31, 2017 to include

complete audited financial statements for the fiscal years ended December 31, 2016 and December 31, 2015 prepared in accordance with U.S. GAAP and audited in accordance with U.S. PCAOB GAAS (the Financial Statements);

14. subject to receipt of relief for the Exemptions Sought, the Filer intends to file the Financial Statements on

SEDAR concurrently with the filing of the S-1 Amendment with the SEC; 15. the Filer has filed the Form S-1 with the SEC in order to register its common shares under the Securities Act

of 1933, as amended, to conduct an initial public offering of its common shares in the United States and list its common shares on The Nasdaq Capital Market, and upon the effectiveness of the Registration Statement on Form S-1, will become subject to the periodic reporting requirements to file reports with the SEC under the Securities Exchange Act of 1934, as amended (1934 Act); the Filer anticipates that it will become an SEC Issuer as defined in NI 52-107 within 60 days of the date of filing the S-1 Amendment;

16. upon becoming an SEC Issuer, the Filer may (i) under Part 3.7 of NI 52-107, prepare its financial statements,

other than acquisitions statements, in accordance with U.S. GAAP, (ii) under Part 1.1 of NI 51-102, prepare its management’s discussion and analysis prepared in accordance with Item 303 of Regulation S-K under the 1934 Act, and (iii) under Part 3.8 of NI 52-107, have its annual financial statements audited in accordance with U.S. PCAOB GAAS;


April 13, 2017

(2017), 40 OSCB 3354

17. the Exemption Sought will eliminate the need to also prepare financial statements for the fiscal year ended December 31, 2016 and the interim period ended March 31, 2017 in accordance with Canadian GAAP applicable to publicly accountable enterprises;

18. if the Filer does not become an SEC Issuer by June 30, 2017, the Filer will immediately re-file on SEDAR the

previously filed financial statements prepared in accordance with U.S. GAAP for the year ended December 31, 2016 and the interim period ending March 31, 2017 and related management’s discussion and analysis; the re-filed financial statements will be prepared in accordance with Canadian GAAP applicable to publicly accountable enterprises and audited in accordance with Canadian GAAS; the management’s discussion and analysis will be amended to reflect the re-filed financial statements and will be re-filed in the Canadian MD&A Form; and the Filer will issue a news release upon re-filing the financial statements that explains the nature and purpose of the re-filings; and

19. the Filer will comply with the requirement of subsection 4.3(4) of NI 51-102 by filing the restated interim

financial statements for each of the interim periods in fiscal 2016 in accordance with U.S. GAAP on or prior to April 30, 2017.

Decision

¶4 Each of the Decision Makers is satisfied that the decision meets the test set out in the Legislation for the Decision

Maker to make the decision. The decision of the Decision Makers under the Legislation is that the Exemptions Sought are granted provided that:

(a) the Filer files:

i. financial statements prepared in accordance with U.S. GAAP for the year ended December 31, 2016 and the interim period ending March 31, 2017 and, if applicable, audited in accordance with U.S. PCAOB GAAS;

ii. the related management’s discussion and analysis prepared in accordance with Item 303 of

Regulation S-K under the 1934 Act for these periods; and (b) if the Filer does not become an SEC Issuer by June 30, 2017, the Filer will immediately file on SEDAR:

i. the financial statements for the year ended December 31, 2016 and the interim period ending March 31, 2017, prepared in Canadian GAAP applicable to publicly accountable enterprises and audited in accordance with Canadian GAAS, as applicable;

ii. the related management’s discussion and analysis in the Canadian MD&A Form; and iii. a news release explaining the nature and purpose of the re-filings.

Peter Brady Executive Director British Columbia Securities Commission


April 13, 2017

(2017), 40 OSCB 3355

2.1.5 Mackenzie Financial Corporation and Mackenzie Global High Yield Fixed Income ETF Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – exemption from section 2.1(1) of National Instrument 81-102 – Investment Funds to permit an exchange traded fund to invest more than 10 percent of net assets in debt securities issued by a foreign government or supranational agency, subject to conditions. Applicable Legislative Provisions

National Instrument 81-102 – Investment Funds, sections 2.1(1) and 19.1.

April 3, 2017

IN THE MATTER OF


(the Jurisdiction)

AND



AND

IN THE MATTER OF MACKENZIE FINANCIAL CORPORATION

(the Filer)

AND

IN THE MATTER OF MACKENZIE GLOBAL HIGH YIELD FIXED INCOME ETF

(the ETF)

DECISION Background

The principal regulator in the Jurisdiction has received an application from the Filer on behalf of the ETF for a decision under the securities legislation of the Jurisdiction of the principal regulator (the Legislation) for an exemption (the Requested Relief), pursuant to section 19.1 of National Instrument 81-102 Investment Funds (NI 81-102) from subsection 2.1(1) of NI 81-102 (the Concentration Restriction) to permit the ETF to invest up to:

(a) 20% of its net asset value at the time of the transaction in evidences of indebtedness of any one issuer if

those evidences of indebtedness are issued, or guaranteed fully as to principal and interest, by supranational agencies or governments other than the government of Canada, the government of a jurisdiction in Canada or the government of the United States of America and are rated “AA” by Standard & Poor’s Rating Services (Canada) (S&P) or its DRO affiliate (as defined in NI 81-102), or have an equivalent rating by one or more

other designated rating organizations or their DRO affiliates; and (b) 35% of its net asset value at the time of the transaction in evidences of indebtedness of any one issuer if

those securities are issued, or guaranteed fully as to principal and interest, by supranational agencies or governments other than the government of Canada, the government of a jurisdiction in Canada, or the government of the United States of America and are rated “AAA” by S&P or its DRO affiliate, or have an equivalent rating by one or more other designated rating organizations or their DRO affiliates;

(such evidences of indebtedness are collectively referred to as Foreign Government Securities). Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application):


April 13, 2017

(2017), 40 OSCB 3356

(a) the Ontario Securities Commission is the principal regulator for this application; and (b) the Filer has provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102)

is intended to be relied upon in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, the Northwest Territories, Nunavut and Yukon (the Other Jurisdictions).

Interpretation

Terms defined in NI 81-102, National Instrument 14-101 Definitions, and MI 11-102 have the same meaning if used in this

decision, unless otherwise defined. Representations

This decision is based on the following facts represented by the Filer: 1. The Filer is a corporation amalgamated under the laws of Ontario with its head office in Toronto, Ontario. 2. The Filer is registered as an investment fund manager, portfolio manager, exempt market dealer and commodity

trading manager in Ontario. The Filer is also registered as a portfolio manager and exempt market dealer in all other Canadian provinces and territories and as an investment fund manager in Newfoundland and Labrador and Québec.

3. The Filer will be the manager, trustee and portfolio manager of the ETF. 4. The ETF will be an open-ended mutual fund trust established under the laws of Ontario. 5. The ETF may issue more than one series of units. The ETF may initially offer Series E units and Series R units. 6. Series E units of the ETF will be offered by a long form prospectus filed in all of the provinces and territories in Canada

and, accordingly, the ETF will be a reporting issuer in each of the provinces and territories of Canada. A preliminary prospectus was filed for the Series E units of the ETF via SEDAR in all the provinces and territories on February 17, 2017 (the Prospectus).

7. Series R units of the ETF will be offered only on a private placement basis pursuant to available prospectus

exemptions, including the accredited investor exemption, under securities laws. 8. The Filer is not in default of securities legislation in any jurisdiction of Canada. 9. The investment objective of the ETF is expected to be substantially as follows: “Mackenzie Global High Yield Fixed

Income ETF seeks to provide a steady flow of income with potential for long-term capital growth by investing primarily in higher yielding fixed income securities and instruments of companies anywhere in the world and in other fixed-income securities issued by companies or governments of any size, anywhere in the world.” To achieve its investment objective, the ETF will invest in higher yielding and other fixed-income securities and instruments.

10. As part of its investment strategies, the portfolio manager would like to invest a portion of the ETF’s assets in Foreign

Government Securities. Depending on market conditions, the ETF’s portfolio manager seeks the discretion to gain exposure to any one issuer of Foreign Government Securities in excess of the Concentration Restriction.

11. Section 2.1(1) of NI 81-102 prohibits the ETF from purchasing a security of an issuer, other than a “government

security” as defined in NI 81-102, if, immediately after the purchase, more than 10% of the net asset value of the ETF would be invested in securities of the issuer.

12. The Foreign Government Securities do not meet the definition of “government securities” as such term is defined in

NI 81-102. 13. In Companion Policy 81-102CP (the Companion Policy), the Canadian Securities Administrators state their views on

various matters relating to NI 81-102. Subsection 3.1(4) of the Companion Policy indicates that relief from paragraph 2.04(1)(a) of National Policy 39, which was replaced by the Concentration Restriction, has been provided to mutual funds generally under the following circumstances:

a. the mutual fund has been permitted to invest up to 20% of its net asset value in evidences of indebtedness of

any one issuer if those evidences of indebtedness are issued, or guaranteed fully as to principal and interest, by supranational agencies or governments other than the government of Canada, the government of a


April 13, 2017

(2017), 40 OSCB 3357

jurisdiction or the government of the United States of America and are rated “AA” by S&P or its DRO affiliate, or have an equivalent rating by one or more other designated rating organizations or their DRO affiliates; and

b. the mutual fund has been permitted to invest up to 35% of its net asset value in evidences of indebtedness of

any one issuer, if those securities are issued, or guaranteed fully as to principal and interest, by supranational agencies or governments other than the government of Canada, the government of a jurisdiction or the government of the United States of America and are rated “AAA” by S&P or its DRO affiliate, or have an equivalent rating by one or more other designated rating organizations or their DRO affiliates.

14. The Prospectus for the ETF will disclose the risks associated with concentration of assets of the ETF in securities of a

limited number of issuers. 15. The ETF seeks the Requested Relief to enhance its ability to pursue and achieve its investment objective. Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision. The decision of the principal regulator under the Legislation is that the Requested Relief is granted provided that: 1. paragraphs (a) and (b) of the Requested Relief cannot be combined for any one issuer; 2. any security that may be purchased under the Requested Relief is traded on a mature and liquid market; 3. the acquisition of the securities purchased pursuant to this Decision is consistent with the fundamental investment

objective of the ETF; 4. the Prospectus of the ETF discloses the additional risks associated with the concentration of net asset value of the ETF

in securities of fewer issuers, such as the potential additional exposure to the risk of default of the issuer in which the ETF has so invested and the risks, including foreign exchange risk, of investing in the country in which the issuer is located; and

5. the Prospectus of the ETF will include a summary of the nature and terms of the Requested Relief under the

investment strategies section, along with the conditions imposed and the type of securities covered by this Decision. “Darren McKall” ___________________________________ Investment Funds and Structured Products Branch Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3358

2.1.6 Franklin Templeton Investments Corp. and Franklin Target Return Fund Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – relief from NI 81-104 – requirement to maintain permanent seed capital in a commodity pool – relief granted to allow commodity pool to comply with seed capital requirements applicable to all other mutual funds under NI 81-102. Applicable Legislative Provisions

National Instrument 81-104 Commodity Pools, sections 3.1, 3.2, and 10.1. National Instrument 81-102 Investment Funds, sections 3.1.

April 3, 2017

IN THE MATTER OF


(the Jurisdiction)

AND



AND

IN THE MATTER OF FRANKLIN TEMPLETON INVESTMENTS CORP.

(the Filer)

AND

IN THE MATTER OF FRANKLIN TARGET RETURN FUND

(the Fund)

DECISION

Background

The principal regulator in the Jurisdiction has received an application from the Filer on behalf of the Fund for a decision under the securities legislation of the Jurisdiction of the principal regulator (the Legislation) granting relief (the Exemption Sought) from section 3.2 of National Instrument 81-104 Commodity Pools (NI 81-104) to permit the Filer to comply with the seed capital requirements in subsections 3.1(1) and 3.1(2) of National Instrument 81-102 Investment Funds (NI 81-102).



is intended to be relied upon in all of the provinces and territories of Canada other than the Jurisdiction (together with the Jurisdiction, the Jurisdictions).

Interpretation

Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision, unless otherwise defined herein. Capitalized terms used in this decision have the following meanings:

Seed Investor means, in respect of the Fund, each manager, portfolio adviser, promoter or sponsor, or any of their

respective partners, directors, officers or securityholders, who invests in Units of the Fund before the time of filing the final prospectus of the Fund.


April 13, 2017

(2017), 40 OSCB 3359

Outside Investor means each investor, other than a Seed Investor, who invests in Units of the Fund.

Units means Series A Units, Series F Units, Series PF Units and Series O Units of the Fund.

Representations

This decision is based on the following facts represented by the Filer: 1. The Filer is a corporation amalgamated under the laws of the Province of Ontario, with its head office in Toronto,

Ontario. 2. The Filer is registered as an investment fund manager in Ontario, Québec, Alberta, British Columbia, Manitoba, Nova

Scotia and Newfoundland and Labrador, as a mutual fund dealer, portfolio manager and exempt market dealer in each province of Canada and the Yukon, and as a commodity trading manager in Ontario.

3. The Filer will be the manager and trustee of the Fund. 4. The Filer is not in default of securities legislation in any of the Jurisdictions. 5. The Fund will be a mutual fund subject to NI 81-102 and a commodity pool, as such term is defined under NI 81-104, in

that the Fund will adopt fundamental investment objectives that permit the Fund to invest, directly or indirectly, in specified derivatives in a manner that is not permitted under NI 81-102.

6. The Fund filed in accordance with National Instrument 41-101 General Prospectus Requirements (NI 41-101) a

preliminary prospectus with respect to the proposed offering of Units of the Fund under SEDAR Project No 2583151. 7. Upon the filing of the final prospectus of the Fund, prepared in accordance with NI 41-101 (the Final Prospectus), and

obtaining a receipt therefor, the Units will be qualified for distribution and the Fund will be a reporting issuer in each of the Jurisdictions.

8. Pursuant to section 3.2(1) of NI 81-104, the Final Prospectus may not be filed unless:

(a) investments totalling at least $50,000 in Units have been made, and those Units are beneficially owned, before the time of filing, by Seed Investors; and

(b) the Final Prospectus states that the Fund will not issue Units to Outside Investors until the Fund has received

and accepted subscriptions aggregating not less than $500,000 from Outside Investors. 9. Pursuant to section 3.2(2) of NI 81-104, a Seed Investor may redeem, repurchase or return its initial investment in

Units only if: (i) Units issued to Seed Investors that had an aggregate issue price of $50,000 remain outstanding and at least $50,000 invested by Seed Investors remains invested in the Fund, or (ii) the redemption, repurchase or return is effected as part of the dissolution or termination of the Fund (the Permanent Seed Capital Requirement).

10. The Filer understands that the policy rationale behind the Permanent Seed Capital Requirement under NI 81-104 is to

encourage promoters to ensure that the commodity pool is being properly run for the benefit of its investors by requiring that the promoter of a commodity pool, or a related party, will itself be an investor in the commodity pool at all times.

11. The Fund will be properly managed for the benefit of investors for the following reasons:

(a) as trustee of the Fund, the Filer will be obliged in accordance with the terms of the declaration of trust governing the Fund, and in accordance with its fiduciary duty, to act as a reasonably prudent person and to manage the Fund in the best interests of its unitholders; and

(b) as manager of the Fund, the Filer will be obliged in accordance with applicable securities law to act honestly

and in good faith, and in the best interests of the Fund, and to exercise the degree of care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

12. Having regard to the fiduciary obligations and standard of care applicable to the Filer as set out in paragraph 11 above,

requiring the Filer (or another Seed Investor) to maintain $50,000 in the Fund at all times will not change how Filer performs it duties in managing the Fund.


April 13, 2017

(2017), 40 OSCB 3360

13. The Filer is an experienced investment fund manager with a past track record of managing many other mutual funds governed by NI 81-102 and will manage the Fund in accordance will all applicable securities legislation in Canada and its contractual requirements.

14. On September 22, 2016, the Canadian Securities Administrators (the CSA) published proposed amendments to NI 81-

102, NI 81-104 and related instruments (the Alternative Funds Proposal). If adopted, the Alternative Funds Proposal

would repeal NI 81-104 and, among other changes, impose on commodity pools the initial investment requirements applicable to mutual funds as contained in section 3.1 of NI 81-102, such that:

(a) the Final Prospectus may be filed if either:

(i) the Filer receives investments totalling at least $150,000 in Units, those Units being beneficially owned, before the time of filing, by Seed Investors, or

(ii) the Final Prospectus states that the Fund will not issue Units to Outside Investors until the Fund has

received and accepted subscriptions aggregating not less than $500,000 from Outside Investors; and (b) a Seed Investor may redeem its initial investment in Units only if subscriptions aggregating not less than

$500,000 have been received from Outside Investors and accepted by the Fund. 15. In keeping with the Alternative Funds Proposal and the initial investment requirements in section 3.1 of NI 81-102, the

Filer wishes to seed the Fund by investing an aggregate of at least $150,000 in the Fund before filing the Final Prospectus, and wishes to be able to redeem such amount once the Fund has received and accepted subscriptions aggregating not less than $500,000 from Outside Investors.

Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision. The decision of the principal regulator under the Legislation is that the Exemption Sought is granted provided that: (a) the Filer complies with the seed capital requirements in subsections 3.1(1) and 3.1(2) of NI 81-102 in respect of the

Fund; and (b) the basis on which a Seed Investor may redeem any of its initial investment in the Fund is disclosed in the Final

Prospectus. “Darren McKall” Manager, Investment Funds and Structured Products Branch ONTARIO SECURITIES COMMISSION


April 13, 2017

(2017), 40 OSCB 3361

2.1.7 Fidelity Investments Canada ULC

Headnote

National Policy 11-203 – Process for Exemptive Relief Applications in Multiple Jurisdictions – Investment fund manager offering multiple sets of mutual fund series with tiered management and administration fees. – Investment fund manager administers automatic switching program through which investors are automatically switched into the appropriate tiered series when the investor’s account value satisfies or ceases to meet the eligibility requirements of a particular tiered series. – Relief granted to allow new tiered series in each series set to show past performance of the original series of that series set in the management report of fund performance. Applicable Legislative Provisions

National Instrument 81-106 Investment Fund Continuous Disclosure, sections 4.4 of and 17.1.

February 10, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF ONTARIO (the Jurisdiction)

AND

IN THE MATTER OF

THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS

AND

IN THE MATTER OF

FIDELITY INVESTMENTS CANADA ULC (the Filer)

AND

IN THE MATTER OF

THE FUNDS (as defined below)

DECISION

Background

The principal regulator in the Jurisdiction has received an application from the Filer, on behalf of each existing mutual fund established as a mutual fund trust (each, a Trust Fund and collectively, the Trust Funds) and each existing class fund established as a class of shares of a mutual fund corporation (each, a Class Fund and collectively, the Class Funds) and any

mutual fund that the Filer may establish in the future (together with the Trust Funds and the Class Funds, the Funds and each, a Fund), for a decision under the securities legislation of the Jurisdiction of the principal regulator (the Legislation) exempting the

Funds from:

(a) the requirements in subsections 15.3(2) and (4)(c), 15.6(1)(a)(i) and (d), 15.8(2)(a) and (a.1) and 15.8(3)(a) and (a.1) of National Instrument 81-102 Investment Funds (NI 81-102), to permit the Funds to show in sales

communications, as the performance data for P Series (as defined below) and E Series (as defined below) securities, the performance data of the corresponding F Series (as defined below) and ISC Series (as defined below) securities for the time period prior to the launch date of the applicable P Series or E Series securities (the Sales Communication Relief); and

(b) the requirement in section 2.1 of National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101)

to prepare a fund facts in the form of Form 81-101F3 Contents of Fund Facts Document (Form 81-101F3), to

permit the Funds to deviate from certain requirements in Form 81-101F3 in order to prepare a Consolidated Fund Facts Document (as defined below) that includes the Program Disclosure (as defined below) (the Consolidated Fund Facts Relief, and together with the Sales Communication Relief, the Exemption Sought).


April 13, 2017

(2017), 40 OSCB 3362

Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application): (a) the Ontario Securities Commission is the principal regulator for this application; and (b) the Filer has provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102) is

intended to be relied upon in each of the other provinces and territories of Canada (collectively, the Passport Jurisdictions).

Interpretation

Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision, unless otherwise defined. Representations

This decision is based on the following facts represented by the Filer: The Filer

1. The Filer is a corporation duly amalgamated and validly existing under the laws of the Province of Alberta with its head

office in Toronto, Ontario. 2. The Filer is registered in Ontario, Québec and Newfoundland and Labrador in the category of investment fund

manager. The Filer is also registered as a portfolio manager and mutual fund dealer in each of the provinces and territories of Canada and is registered under the Commodity Futures Act (Ontario) in the category of commodity trading manager.

3. The Filer is not in default of securities legislation in any of the Jurisdictions. 4. The Filer is, or will be, the manager of the Funds. The Funds 5. Each Trust Fund is, or will be, an open-end mutual fund trust created under the laws of the Province of Ontario. Each

Class Fund is, or will be, an open-end mutual fund that is a class of shares of a mutual fund corporation. 6. Each Fund is, or will be, a reporting issuer under the laws of some or all of the provinces and territories of Canada and

subject to NI 81-102. The securities of the Funds are, or will be, qualified for distribution pursuant to a simplified prospectus, fund facts and annual information form that have been, or will be, prepared and filed in accordance with NI 81-101.

7. Units of the Trust Funds are currently offered under simplified prospectuses, fund facts and annual information forms

dated September 29, 2016, as may be amended, and October 28. 2016, as amended, and shares of the Class Funds are currently offered under simplified prospectuses, fund facts and annual information forms dated March 28, 2016, as amended, September 29, 2016, as may be amended, and January 3, 2017, as may be amended.

8. The Funds currently offer up to 35 series of securities, as applicable – series A, B, E1, E2, E3, E4, E5, F, P1, P2, P3,

P4, P5, O, T5, T8, S5, E1T5, E2T5, E3T5, E4T5, E5T5, S8, F5, P1T5, P2T5, P3T5, P4T5, P5T5 F8, I, I5, I8, C and D. 9. Series F, F5 and F8 (collectively, F Series) securities of the Funds have lower fees than series A, B, I, T5, T8, I5, I8,

S5, S8, C and D securities and are usually purchased by investors who have fee-based accounts with dealers who sign an eligibility agreement with the Filer. Instead of paying sales charges, investors pay their dealer a fee for investment advice and other services they provide. In addition, the Filer does not pay any commission or trailing commission to dealers who sell F Series securities. Series F5 and Series F8 securities have the same attributes as Series F securities, except that Series F5 and Series F8 are designed to provide tax efficient cash flow to investors by making monthly distributions of an amount comprised of a return of capital and/or net income. The only difference between Series F5 and Series F8 is in the value of the monthly distribution amounts.

10. Series B, S5 and S8 (collectively, ISC Series) securities of the Funds are purchased by investors on an initial sales

charge basis. ISC Series securities of certain of the Funds may also be acquired upon the automatic switch of Series A, T5 or T8 securities after the expiration of the deferred sales charge period on those securities. Trailing commissions are paid to dealers who sell ISC Series securities. Series S5 and Series S8 securities have the same attributes as Series B securities, except that Series S5 and Series S8 are designed to provide tax efficient cash flow to investors by


April 13, 2017

(2017), 40 OSCB 3363

making monthly distributions of an amount comprised of a return of capital and/or net income. The only difference between Series S5 and Series S8 is in the value of the monthly distribution amounts.

11. The existing Funds are not in default of securities legislation in any of the Jurisdictions. The Fidelity Preferred Program

12. On October 29, 2015, the Filer established two sets of series of securities which offer tiered management and

administration fees for Series F and Series F5 holders. The first set, which corresponds to Series F, includes Series P1, P2, P3, P4 and P5, and may also include additional similar tiered series that the Filer may establish in the future. The second set, which corresponds to Series F5, includes Series P1T5, P2T5, P3T5, P4T5 and P5T5, and may also include additional similar tiered series that the Filer may establish in the future. The Filer may also, in the future, establish a set of series of securities which offers tiered management and administration fees for Series F8 holders. The tiered series described in this paragraph are collectively referred to as P Series.

13. On December 15, 2015, the Filer established two sets of series of securities which offer tiered management and

administration fees for Series B and Series S5 holders. The first set, which corresponds with Series B, includes Series E1, E2, E3, E4 and E5, and may also include additional similar tiered series that the Filer may establish in the future. The second set, which corresponds with Series S5, includes Series E1T5, E2T5, E3T5, E4T5 and E5T5, and may include additional similar series that the Filer may establish in the future. The Filer may also, in the future, establish a set of series of securities which offers tiered management and administration fees for Series S8 holders. The tiered series described in this paragraph are collectively referred to as E Series, and together with P Series, as the Tiered Sets.

14. Each set of series comprising the Tiered Sets offers progressively lower combined management and administration

fees than the corresponding F Series or ISC Series based on the size of the holdings of securities of the Funds in the investor’s account or, in certain instances, the group of related accounts of which the investor is a member (the Account Value). The Filer automatically switches these F Series or ISC Series holders into, among and out of the

various corresponding P Series or E Series in the corresponding Tiered Set based on the Account Value without the dealer or investor having to initiate the trade (the FPP Automatic Switching Program).

15. Once an account has qualified for one of the Tiered Series, the account continues to enjoy the benefits of lower

management and administration fees associated with that particular series even if fund performance causes the Account Value to fall below the minimum threshold for that Tiered Series.

16. Investors may only access any of the P Series of a Fund by initially purchasing the corresponding F Series securities of

a Fund. Investors may only access any of the E Series of a Fund by initially purchasing the corresponding ISC Series securities of a Fund or by acquiring the corresponding ISC Series securities of a Fund upon the automatic switch of Series A, T5 or T8 after the expiration of their corresponding deferred sales charge period. Once an investor holds a particular Tiered Series of a Fund, the investor can then directly buy the applicable Tiered Series of the same Fund or any other Fund.

17. For holders of F Series and ISC Series who have qualified for P Series securities or E Series securities, as the case

may be, the Filer automatically switches:

(a) F Series or ISC Series securities into the appropriate P Series or E Series securities of the same Fund; (b) once in the P Series or E Series, the holder’s securities among the appropriate series in the applicable Tiered

Set of the same Fund based on increases in the Account Value resulting from additional purchases and/or positive fund performance; and

(c) the holder’s securities to the applicable higher cost P Series or E Series, or from the P Series or E Series back

into the corresponding F Series or ISC Series of the same Fund, where the holder’s Account Value falls below the minimum threshold as a result of redemptions.

(each an Automatic Switch).

18. Following an Automatic Switch, an investor’s account(s) continues to hold securities in the same Fund(s) with the only

material difference to the investor being that the combined management and administration fees of each Tiered Series in a Tiered Set are progressively lower than those charged for the corresponding F Series or ISC Series, as the case may be. In no event will: (a) an account that qualifies for the P Series ever pay more than the F Series management and administration fees for which it initially subscribed; or (b) an account that qualifies for the E Series ever pay more


April 13, 2017

(2017), 40 OSCB 3364

than the ISC Series management and administration fees for which it initially subscribed or acquired upon an automatic switch of certain securities after the expiration of a deferred sales charge period.

19. The Automatic Switches have no adverse tax consequences to investors under current Canadian tax legislation. 20. Each Automatic Switch entails a redemption of F Series, P Series, ISC Series or E Series securities, as the case may

be, immediately followed by a purchase of the applicable F Series, P Series, ISC Series or E Series, as the case may be. Each purchase of securities done as part of the Automatic Switch is a “distribution” under the Legislation that triggers the requirement to deliver a Fund Facts document.

21. On October 28, 2015, the Filer obtained relief from the requirement in the Legislation for a dealer to deliver or send the

most recently filed Fund Facts at the same time and in the same manner as otherwise required for the prospectus in respect of purchases of mutual fund securities of the Tiered Series that are made pursuant to the Automatic Switches.

22. On May 30, 2016, the Filer obtained relief from the requirement in the Legislation for a dealer to deliver or send the

most recently filed Fund Facts before the dealer accepts an instruction from the purchaser for the purchase of the security in respect of purchases of mutual fund securities of the Tiered Series that are made pursuant to Automatic Switches (the Pre-Sale Fund Facts Delivery Relief).

E Series and P Series Performance Data 23. The Funds cannot currently disclose any past performance data for the P Series and E Series for the time period prior

to their date of creation. However, as (a) each P Series security corresponds to an F Series security of the same Fund prior to the date that the applicable P Series was created, and (b) each E Series security corresponds to an ISC Series security of the same Fund prior to the date that the applicable E Series was created, the actual past performance of each of the P Series or E Series, for the time period prior to the date of the creation of the applicable P Series or E Series of that Fund is identical to the past performance of the corresponding F Series and ISC Series of the same Fund in that time period.

24. The Filer proposes to:

(a) show, in the sales communications of the Funds, as the performance data of each of the P Series or E Series of the Funds, the performance data of the corresponding F Series or ISC Series, as the case may be, for the time period prior to the launch date of the applicable P Series or E Series; and

(b) disclose, in those sales communications:

(i) that the performance data displayed for the period occurring prior to the launch date of the applicable P Series or E Series, as the case may be, is that of the corresponding F Series or ISC Series, as the case may be;

(ii) that the applicable F Series or ISC Series, as the case may be, has higher combined management

and administration fees than the applicable P Series or E Series; and (iii) f there is a material effect on performance of the applicable P Series or E Series, how the difference

in combined management and administration fees between the applicable F Series or ISC Series and the applicable P Series or E Series would have affected the performance had the P Series or E Series been a separate series during that time period

(collectively, the Past Performance Disclosure).

25. The Filer submits that the performance data of the F Series and ISC Series securities is significant and meaningful

information for existing investors in the FPP Automatic Switching Program who hold P Series or E Series securities, as the case may be, who, prior to the launch date of the P Series or E Series, were investors in the corresponding F Series or ISC Series, as well as prospective investors in the FPP Automatic Switching Program.

26. The Filer submits that investors will not be misled if the performance data of the applicable F Series or ISC series is

shown for the corresponding P Series or E Series, as the case may be, of the same Fund for the time period prior to the launch date of the applicable P Series or E Series, as the case may be.

27. The Filer has also applied for exemptive relief from certain provisions of National Instrument 81-106 Investment Fund

Continuous Disclosure to enable the Funds to show, in their annual and interim management reports of fund performance (the MRFPs) of the P Series and E Series, the past performance of the corresponding F Series or ISC


April 13, 2017

(2017), 40 OSCB 3365

Series, as the case may be, where such past performance relates to the time period prior to the launch date of the applicable P Series or E Series, as the case may be.

28. In absence of the Sales Communications Relief, the Funds' sales communications cannot show, as the performance

data of the P Series and E Series, performance data of their corresponding F Series or ISC Series, as the case may be, where such performance data relates to the time period prior to the launch date of the applicable P Series or E Series, as the case may be.

Consolidated Fund Facts Documents 29. The Filer proposes to prepare, for each of their Funds, a single, consolidated Fund Facts document (a Consolidated

Fund Facts Document) for each Tiered Set and its corresponding F Series or ISC Series securities (each, a Program Set).

30. Each Consolidated Fund Facts Document will include the information required by Form 81-101F3 for each of the series

in the applicable Program Set, except for the past performance section, which will only disclose past performance data of the applicable F Series or ISC Series, as the case may be, as further described below.

31. Specifically, for each Consolidated Fund Facts Document, the Filer proposes to deviate from:

(a) General Instructions (10) and (16) of Form 81-101F3, to permit the Consolidated Fund Facts Document to be the Fund Facts document for, and disclose information relating to, each of the series in the applicable Program Set, except as further described below;

(b) Item 1(c.1) of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to name each of the

series in the applicable Program Set in the heading; (c) Item 1(e) of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to name each of the

series in the applicable Program Set in the introduction to the Fund Facts document; (d) Instruction (0.1) of Item 2 of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to

identify the fund codes for each of the series in the applicable Program Set; (e) Instruction (1) of Item 2 of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to list

the date that each of the series in the applicable Program Set became available to the public; (f) Instruction (3) of Item 2 of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to

disclose the management expense ratio (the MER) for only the applicable F Series or ISC Series, as the case may be;

(g) Instruction (6) of Item 2 of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to

specify the minimum investment amount for only the applicable F Series or ISC Series, as the case may be; (h) General Instruction (8) of Form 81-101F3, to permit the Consolidated Fund Facts Document to include a

footnote under the “Quick Facts” table mandated by Item 2 of Part I of Form 81-101F3 that:

(i) states that the Fund Facts document pertains to all of the series in the applicable Program Set; (ii) cross-references to the “How Much Does It Cost?” section of the Fund Facts document for further

details about the FPP Automatic Switching Program; (iii) cross-references to the fund expenses table under the “Fund expenses” subsection of the Fund

Facts document for further details about the MER for all the other series in the applicable Program Set; and

(iv) cross-references to the fee decrease table under the “Fund expenses” subsection of the Fund Facts

document for further details about the minimum investment amount for all the other series in the applicable Program Set;

(i) Item 5(1) of Part I of Form 81-101F3, to permit the Consolidated Fund Facts Document to:

(i) reference only the applicable F Series or ISC Series, as the case may be, in the introduction to the past performance data; and


April 13, 2017

(2017), 40 OSCB 3366

(ii) include, as a part of the introduction, disclosure explaining that the performance for each of the applicable Tiered Series in the Program Set would be similar to the performance of the F Series or ISC Series, as the case may be, but would vary as a result of the difference in fees compared to the F Series or ISC Series, as the case may be, as set out in the fee decrease table under the “Fund expenses” subsection of the Fund Facts document;

(j) Instruction (4) of Item 5 of Part I of Form 81-101F3, to permit a Consolidated Funds Facts Document to show

the required performance data under the sub-headings “Year-by-year returns,” “Best and worst 3-month returns,” and “Average return” relating only to the applicable F Series or ISC Series, as the case may be;

(k) Item 1.1 of Part II of Form 81-101F3, to permit a Consolidated Fund Facts Document to:

(i) refer to all of the series in the applicable Program Set in the introductory statement under the

heading “How much does it cost?”; and (ii) include, as a part of the introductory statement, a summary of the FPP Automatic Switching Program,

consisting of:

a. a statement explaining that the FPP Automatic Switching Program offers separate series of units that charge progressively lower combined management and administration fees than the F Series or ISC Series units, as applicable;

b. a statement explaining the scenarios in which the Automatic Switches will be made,

including Automatic Switches made due to the investor no longer meeting the eligibility requirements for a particular Tiered Series;

c. a statement explaining that an investor will not pay higher combined management and

administration fees than those charged to the F Series or ISC Series, as applicable, as a result of the Automatic Switches;

d. a cross-reference to the fee decrease table under the “Fund expenses” subsection of the

Fund Facts document; e. a cross-reference to specific sections of the simplified prospectus of the Funds for more

details about the FPP Automatic Switching Program; and f. a statement disclosing that investors should speak to their representative for more details

about the FPP Automatic Switching Program;

(l) Instruction (1) of Item 1 of Part II of Form 81-101F3, to permit a Consolidated Fund Facts Document to refer to all of the series in the applicable Program Set in the introduction under the sub-heading “Sales charges”, if applicable;

(m) Item 1.3(2) of Part II of Form 81-101F3, to permit a Consolidated Fund Facts Document, where the applicable

Fund is not new, to disclose the MER and fund expenses of each of the series in the applicable Program Set, and where certain information is not available for a particular series, to state “not available” in the corresponding part of the table;

(n) Item 1.3(3) of Part II of Form 81-101F3, to permit a Consolidated Fund Facts Document, where the applicable

Fund is not new, to include, before the statement above the fund expenses table, disclosure explaining that the applicable F Series or ISC Series, as applicable, has the highest combined management and administration fees among all of the series in the applicable Program Set;

(o) Item 1.3(3) of Part II of Form 81-101F3, to permit a Consolidated Fund Facts Document, where the applicable

Fund is not new but where some of the series in the applicable Program Set are new, to disclose that the fund expenses information below is not available for certain series because they are new, as indicated below;

(p) Item 1.3(4) of Part II of Form 81-101F3, to permit a Consolidated Fund Facts Document, where the applicable

Fund is new, to:

(i) include disclosure explaining that the applicable F Series or ISC Series, as the case may be, has the highest combined management and administration fees among all of the series in the applicable Program Set;


April 13, 2017

(2017), 40 OSCB 3367

(ii) disclose the rates of the management fee and administration fee of only the F Series or ISC Series, as applicable; and

(iii) disclose that the operating expenses and trading costs are not yet available for only the F Series or ISC Series, as applicable; and

(q) General Instruction (8) of Form 81-101F3, to permit a Consolidated Fund Facts Document to include, at the end of the disclosure under the sub-heading “Fund expenses”:

(i) a table that discloses:

a. the name of, and investment amounts associated with, each of the series in the applicable Program Set; and

b. the combined management and administration fee decrease of each of the Tiered Series in

the applicable Program Set from the combined management and administration fee of the applicable F Series or ISC Series, as the case may be, shown in percentage terms; and

(ii) an introduction to the table stating that the table below lists out the combined management and administration fee decrease of each of the Tiered Series in the applicable Program Set from the combined management and administration fee of the applicable F Series or ISC Series, as the case may be

(collectively, the Program Disclosure).

32. The Filer submits that, given that each of the F Series, ISC Series and Tiered Series belong to the FPP Automatic Switching Program, a Consolidated Fund Facts Document containing the Program Disclosure will provide investors in the FPP Automatic Switching Program with disclosure about the FPP Automatic Switching Program and each of the series in the applicable Program Set in a single Fund Facts document, in contrast to multiple Fund Facts documents for each of the series in the applicable Program Set.

33. Since the Fund Facts documents for each of the Tiered Series are not currently delivered in connection with an Automatic Switch pursuant to the Pre-Sale Fund Facts Delivery Relief, the Filer submits that there is little benefit to preparing separate Fund Facts documents for each of the series in the applicable Program Set. The Filer submits that the Consolidated Fund Facts Document containing the Program Disclosure, which would be delivered to investors when they first enter the FPP Automatic Switching Program (through the purchase of F Series or ISC Series securities, as the case may be), provides investors with better disclosure than if investors only received the Fund Facts document pertaining to the F Series or ISC Series, as the case may be, that they initially purchased upon their entry into the FPP Automatic Switching Program, which would not contain information relating to the Tiered Series.

34. In the absence of the Consolidated Fund Facts Relief, the Filer would be required to prepare separate Fund Facts documents for each of the F Series, ISC Series and Tiered Series. The Filer submits that this results in administrative inefficiencies and a lack of comparability for investors in the FPP Automatic Switching Program. If the Filer could produce one Consolidated Fund Facts Document for each Program Set, investors would benefit from having all the relevant information concerning the FPP Automatic Switching Program in one place.

35. The Filer submits that the Program Disclosure, including upon the launch of additional tiered series within each Tiered Set, will not detract from the readability and comprehension of the Consolidated Fund Facts.

Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision.

The decision of the principal regulator under the Legislation is that the Sales Communication Relief is granted provided that, for any sales communications presenting performance data relating to Series P or E Series for a time period prior to the launch date of that P Series or E Series, the sales communications include the Past Performance Disclosure.

The decision of the principal regulator under the Legislation is that the Consolidated Fund Facts Relief is granted provided that each Consolidated Fund Facts Document contains the Program Disclosure.

“Vera Nunes” Manager, Investment Funds and Structured Products Branch Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3368

2.1.8 BMO Nesbitt Burns Inc. et al. Headnote

National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – relief from NI 81-104 – requirement to maintain permanent seed capital in a commodity pool – relief granted to allow commodity pool to comply with seed capital requirements applicable to all other mutual funds under NI 81-102. Applicable Legislative Provisions

National Instrument 81-104 Commodity Pools, sections 3.2 and 10.1. National Instrument 81-102 Investment Funds, section 3.1.

April 6, 2017

IN THE MATTER OF


(the Jurisdiction)

AND



AND

IN THE MATTER OF BMO NESBITT BURNS INC. (BMONB)

AND

IN THE MATTER OF

BMO FINTECH SECTOR TACTIC™ FUND BMO CANADIAN TOP 15 SMALL CAP TACTIC™ FUND

BMO U.S. TOP 15 SMALL CAP TACTIC™ FUND (the Proposed TACTIC Funds)

DECISION

Background

The principal regulator in the Jurisdiction has received an application from BMONB on behalf of the Proposed TACTIC Funds and any such other commodity pools as BMONB, or an affiliate of BMONB (BMONB and its affiliates are together, the Filer), may manage in the future (the Future TACTIC Funds, and together with the Proposed TACTIC Funds, the TACTIC Funds and individually, a TACTIC Fund) for a decision under the securities legislation of the Jurisdiction of the principal regulator (the Legislation) granting relief (the Exemption Sought) from section 3.2 of National Instrument 81-104 Commodity Pools (NI 81-104) to permit the Filer to comply with the seed capital requirements in subsections 3.1(1) and 3.1(2) of National Instrument 81-102 Investment Funds (NI 81-102).



is intended to be relied upon in all of the provinces and territories of Canada other than the Jurisdiction (together with the Jurisdiction, the Jurisdictions).

Interpretation

Terms defined in National Instrument 14-101 Definitions and MI 11-102 have the same meaning if used in this decision, unless otherwise defined herein. Capitalized terms used in this decision have the following meanings:


April 13, 2017

(2017), 40 OSCB 3369

Seed Investor means, in respect of the TACTIC Funds, each manager, portfolio adviser, promoter or sponsor, or any

of their respective partners, directors, officers or securityholders, who invests in Units of the TACTIC Funds before the time of filing the final prospectus of the TACTIC Funds. Outside Investor means each investor, other than a Seed Investor, who invests in Units of the TACTIC Funds.

Units means Class A Units, Class F Units and Class I Units of the Proposed TACTIC Funds and such classes of Units

as may be created in respect of a Future TACTIC Fund. Representations

This decision is based on the following facts represented by the Filer: 1. BMONB is a corporation established under the laws of Canada, with its head office in Toronto, Ontario. 2. BMONB is registered as an investment fund manager in Ontario, Québec and Newfoundland and Labrador, and as an

investment dealer in each of the Jurisdictions. 3. The Filer is, or will be, the manager of the TACTIC Funds. 4. BMONB is not in default of securities legislation in any of the Jurisdictions. 5. Each TACTIC Fund will be a mutual fund subject to NI 81-102 and a commodity pool, as such term is defined under NI

81-104, in that each TACTIC Fund will adopt fundamental investment objectives that permit each TACTIC Fund to invest, directly or indirectly, in specified derivatives in a manner that is not permitted under NI 81-102.

6. The Filer filed in accordance with National Instrument 41-101 General Prospectus Requirements (NI 41-101) a

preliminary prospectus with respect to the proposed offering of Units of the Proposed TACTIC Funds under SEDAR Project No 2568232.

7. Upon the filing of a final prospectus prepared in accordance with NI 41-101 (the Final Prospectus) for the Proposed

TACTIC Funds, and obtaining a receipt therefor, the Units will be qualified for distribution and each Proposed TACTIC Fund will be a reporting issuer in each of the Jurisdictions.

8. Pursuant to section 3.2(1) of NI 81-104, the Final Prospectus may not be filed unless:

(a) investments totaling at least $50,000 in Units have been made, and those Units are beneficially owned, before the time of filing, by Seed Investors; and

(b) the Final Prospectus states that a TACTIC Fund will not issue Units to Outside Investors until that TACTIC

Fund has received and accepted subscriptions aggregating not less than $500,000 from Outside Investors. 9. Pursuant to section 3.2(2) of NI 81-104, a Seed Investor may redeem, repurchase or return its initial investment in

Units only if: (i) Units issued to Seed Investors that had an aggregate issue price of $50,000 remain outstanding and at least $50,000 invested by Seed Investors remains invested in the applicable TACTIC Fund, or (ii) the redemption, repurchase or return is effected as part of the dissolution or termination of the applicable TACTIC Fund (the Permanent Seed Capital Requirement).

10. The Filer understands that the policy rationale behind the Permanent Seed Capital Requirement under NI 81-104 is to

encourage promoters to ensure that the commodity pool is being properly run for the benefit of its investors by requiring that the promoter of a commodity pool, or a related party, will itself be an investor in the commodity pool at all times.

11. The TACTIC Funds will be properly managed for the benefit of investors because, as manager of the TACTIC Funds,

the Filer will be obliged in accordance with applicable securities law to act honestly and in good faith, and in the best interests of the TACTIC Funds, and to exercise the degree of care, diligence and skill that a reasonably prudent person would exercise in comparable circumstances.

12. Having regard to the fiduciary obligations and standard of care applicable to the Filer as set out in paragraph 11 above,

requiring the Filer (or another Seed Investor) to maintain $50,000 in each of the TACTIC Funds at all times will not change how the Filer performs it duties in managing the TACTIC Funds.


April 13, 2017

(2017), 40 OSCB 3370

13. The Filer is an experienced investment fund manager with a past track record of managing many other investment funds and will manage the TACTIC Funds in accordance with all applicable securities legislation in Canada and its contractual requirements.

14. On September 22, 2016, the Canadian Securities Administrators (the CSA) published proposed amendments to NI 81-

102, NI 81-104 and related instruments (the Alternative Funds Proposal). If adopted, the Alternative Funds Proposal

would repeal NI 81-104 and, among other changes, impose on commodity pools the initial investment requirements applicable to mutual funds as contained in section 3.1 of NI 81-102, such that:

(a) the Final Prospectus may only be filed if either:

(i) the Filer receives investments totaling at least $150,000 in Units, those Units being beneficially owned, before the time of filing, by Seed Investors, or

(ii) the Final Prospectus states that a TACTIC Fund will not issue Units to Outside Investors until that

TACTIC Fund has received and accepted subscriptions aggregating not less than $500,000 from Outside Investors; and

(b) a Seed Investor may redeem its initial investment in Units only if subscriptions aggregating not less than

$500,000 have been received from Outside Investors and accepted by the TACTIC Fund. 15. In keeping with the Alternative Funds Proposal and the initial investment requirements in section 3.1 of NI 81-102, the

Filer confirms that it will only file a Final Prospectus on behalf of a TACTIC Fund if (i) the Filer wishes to seed the TACTIC Fund by investing an aggregate of at least $150,000 in the TACTIC Fund before filing the Final Prospectus and will only redeem such amount once the TACTIC Fund has received and accepted subscriptions aggregating not less than $500,000 from Outside Investors, or (ii) as will be disclosed in the Final Prospectus of the TACTIC Fund by the Filer, the TACTIC Fund does not issue Units to Outside Investors until the TACTIC Fund has received and accepted subscriptions aggregating not less than $500,000 from Outside Investors.

Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision. The decision of the principal regulator under the Legislation is that the Exemption Sought is granted provided that:

(a) the Filer complies with the seed capital requirements in subsections 3.1(1) and 3.1(2) of NI 81-102 in respect of each TACTIC Fund; and

(b) the basis on which a Seed Investor may redeem any of its initial investment in the TACTIC Fund is disclosed

in the Final Prospectus. “Darren McKall” Manager, Investment Funds and Structured Products Branch ONTARIO SECURITIES COMMISSION


April 13, 2017

(2017), 40 OSCB 3371

2.1.9 Canadian Imperial Bank of Commerce and CIBC Asset Management Inc.

Headnote

NP 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Existing and future mutual funds managed by the Filers granted relief from paragraphs 15.3(4)(c) and (f) of NI 81-102 Investment Funds to permit references to Fundata A+ Awards and relief from paragraphs 15.3(4)(c) to permit references to FundGrade Ratings in sales communications – Relief subject to conditions requiring specified disclosure and the requirement that the Fundata A+ Awards being referenced not have been awarded more than 365 days before the date of the sales communication. Applicable Legislative Provisions

National Instrument 81-102 Investment Funds, ss. 15.3(4)(c) and (f), and 19.1.

April 10, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF ONTARIO (THE JURISDICTION)

AND

IN THE MATTER OF

THE PROCESS FOR EXEMPTIVE RELIEF APPLICATIONS IN MULTIPLE JURISDICTIONS

AND

IN THE MATTER OF

CANADIAN IMPERIAL BANK OF COMMERCE AND CIBC ASSET MANAGEMENT INC.

(THE FILERS)

DECISION Background

The principal regulator in the Jurisdiction has received an application from the Filers for a decision under the securities legislation of the Jurisdiction of the principal regulator (the Legislation), pursuant to section 19.1 of National Instrument 81-102 – Investment Funds (NI 81-102), exempting all Funds (as defined below) from the requirements set out in paragraphs 15.3(4)(c) (in respect of both the FundGrade A+ Awards presented annually by Fundata Canada Inc. (Fundata) and the FundGrade

Ratings) and 15.3(4)(f) (in respect of the FundGrade A+ Awards only) of NI 81-102, which provide that a sales communication must not refer to a performance rating or ranking of a mutual fund or asset allocation service unless:

(a) the rating or ranking is provided for each period for which standard performance data is required to be given, except the period since the inception of the mutual fund;

(b) the rating or ranking is to the same calendar month end that is

(i) not more than 45 days before the date of the appearance or use of the advertisement in which it is

included, and (ii) not more than three months before the date of first publication of any other sales communication in

which it is included to permit the FundGrade A+ Awards and the FundGrade Ratings to be referenced in sales communications relating to the Funds (collectively, the Requested Relief).

Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a passport application): (a) the Ontario Securities Commission (OSC) is the principal regulator for this application; and (b) the Filers have provided notice that section 4.7(1) of Multilateral Instrument 11-102 Passport System (MI 11-102) is intended

to be relied upon in each of the other provinces and territories of Canada (together with Ontario, the Jurisdictions).


April 13, 2017

(2017), 40 OSCB 3372

Interpretation

Defined terms contained in National Instrument 81-102, National Instrument 14-101 – Definitions, and MI 11-102 have the same meaning in this decision unless they are defined in this decision. In addition, the following term has the following meaning: Funds means the existing and future investment funds which are subject to NI 81-102 and for which the Filers or affiliates or the

Filers acts or will act as manager and/or advisor. Representations

This Decision is based on the following facts represented by the Filers: The Filers

1. Canadian Imperial Bank of Commerce (“CIBC”) is a Schedule 1 Canadian chartered bank. The head office of CIBC is

in Toronto, Ontario. CIBC is registered as an investment fund manager in Québec and Newfoundland and Labrador. 2. CIBC Asset Management Inc. (“CAMI”) is a corporation duly incorporated under the laws of Canada. The head office

of CAMI is in Toronto, Ontario. CAMI is registered as an investment fund manager in Ontario, Québec and Newfoundland and Labrador. CAMI is also registered as a portfolio manager in all Jurisdictions, as a commodity trading manager in Ontario, and in Québec as a derivative portfolio manager and in the category of financial planning.

3. Each of the Filers is not in default of the securities legislation in any Jurisdiction. The Funds

4. Each of the Funds is, or will be, an open-ended mutual fund established under the laws of Canada or a jurisdiction of

Canada. 5. Each of the Funds has, or will have, a simplified prospectus that has been, or will be, prepared and filed in accordance

with the securities legislation of each applicable Jurisdiction. Each of the Funds is, or will be, a reporting issuer under the securities legislation of each Jurisdiction.

6. None of the Funds are in default of securities legislation in any Jurisdiction. 7. Each of the Funds is, or will be, subject to NI 81-102, including Part 15 thereof, which governs sales communications. Fundata FundGrade A + Awards Program

8. Fundata is a “mutual fund rating entity” as that term is defined in NI 81-102. Fundata is not a member of the Funds’

organization. Fundata is a leader in supplying mutual fund information, analytical tools, and commentary. Fundata's fund data and analysis, fund awards designations and ratings information provide valuable insight to advisors, media and individual investors.

9. One of Fundata's programs is the FundGrade A+ Awards program. This program highlights funds that have excelled in

delivering consistently strong risk-adjusted performance relative to their peers. The FundGrade A+ Awards designate award-winning funds in most individual fund classifications for the previous calendar year, and the awards are announced in January of each year. The categories for fund classification used by Fundata are those maintained by the Canadian Investment Funds Standards Committee (CIFSC) (or a successor to CIFSC), a Canadian organization that is

independent of Fundata. 10. The FundGrade A+ Awards are based on a proprietary rating methodology developed by Fundata, the FundGrade

Rating system. The FundGrade Rating system evaluates funds based on their risk adjusted performance measured by three well-known and widely-used metrics: the Sharpe Ratio; the Information Ratio; and the Sortino Ratio. The ratios are calculated for the two through ten year time periods for each fund. When there is more than one eligible series of a fund, an average ratio is taken for each period. The ratios are ranked across all time periods and an overall score is calculated by equally weighting the yearly rankings.

11. The FundGrade Ratings are letter grades for each fund and are determined each month. The FundGrade Ratings for

each month are released on the seventh business day of the following month. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. Because the overall score of a fund is calculated by equally


April 13, 2017

(2017), 40 OSCB 3373

weighting the periodic rankings, to receive an A Grade, a Fund must show consistently high scores for all ratios across all time periods.

12. Fundata calculates a grade using only the retail series of each Fund. Institutional series or fee-based series of any

Fund are not included in the calculation. A Fund must have at least two years of history to be included in the calculation. Once a letter grade is calculated for a Fund, it is then applied to all related series of that Fund.

13. At the end of each calendar year, Fundata calculates a "Fund GPA" for each Fund based on the full year's

performance. The Fund GPA is calculated by converting each month's FundGrade Rating letter grade into a numerical score. Each A is assigned a grade of 4.0; each B is assigned a grade of 3.0; each C is assigned a grade of 2.0; each D is assigned a grade of 1.0; and each E is assigned a grade of 0. The total of the grades for each Fund is divided by 12 to arrive at the Fund's GPA for the year. Any Fund earning a GPA of 3.5 or greater earns a FundGrade A+ Award.

14. When a Fund is awarded a FundGrade A+ Award, Fundata will permit such Fund to make reference to the award in its

sales communications. 15. The FundGrade Ratings fall within the definition of "performance data" under NI 81-102 as they constitute "a rating,

ranking, quotation, discussion or analysis regarding an aspect of the investment performance of an investment fund", given that the FundGrade Ratings are based on performance measures calculated by Fundata. The FundGrade A+ Award Awards may be considered to be "overall ratings or rankings" given that the awards are based on the FundGrade Ratings as described above. Therefore, references to FundGrade Ratings and FundGrade A+ Award Awards in sales communications relating to the Funds need to meet the applicable requirements in Part 15 of NI 81-102.

16. Paragraph 15.3(4)(c) of NI 81-102 imposes a "matching" requirement for performance ratings or rankings that are

included in sales communications for mutual funds. If a performance rating or ranking is referred to in a sales communication, it must be provided for, or "match", each period for which standard performance data is required to be given for the fund, except for the period since the inception of the fund (i.e. for one, three, five and ten year periods, as applicable).

17. While FundGrade Ratings are based on calculations for a minimum of two years through to a maximum of ten years

and the FundGrade A+ Awards are based on a yearly average of monthly FundGrade Ratings, specific ratings for the three, five and ten year periods within the two to ten year measurement period are not given. This means that a sales communication referencing FundGrade Ratings cannot comply with the "matching" requirement contained in paragraph 15.3(4)(c) of NI 81-102. Relief from paragraph 15.3(4)(c) of NI 81-102 is, therefore, required in order for a Fund to use FundGrade Ratings in sales communications.

18. The exemption in subsection 15.3(4.1) of NI 81-102 for references to overall ratings or rankings of funds cannot be

relied upon to reference the FundGrade A+ Awards in sales communications for the Funds because it is available only if a sales communication "otherwise complies" with the requirements of subsection 15.3(4). As noted above, sales communications referencing the FundGrade A+ Awards cannot comply with the "matching" requirement in subsection 15.3(4) because the underlying FundGrade Ratings are not available for the three, five and ten year periods within the two to ten year measurement period for the FundGrade Ratings, rendering the exemption in subsection 15.3(4.1) unavailable. Relief from paragraph 15.3(4)(c) is, therefore, required in order for Funds to reference the FundGrade A+ Awards and the FundGrade Ratings in sales communications.

19. Paragraph 15.3(4)(f) of NI 81-102 imposes certain restrictions on disclosure in sales communications. This paragraph

provides that in order for a rating or ranking such as a FundGrade A+ Award to be used in an advertisement, the advertisement must be published within 45 days of the calendar month end to which the rating or ranking applies. Further, in order for the rating or ranking to be used in any other sales communication, the rating or ranking must be published within three months of the calendar month end to which the rating or ranking applies.

20. Because the evaluation of Funds for the FundGrade A+ Awards will be based on data aggregated until the end of

December in any given year and the results will be published in January of the following year, by the time a Fund receives FundGrade A+ Award in January, paragraph 15.3(4)(f) of NI 81-102 will only allow the FundGrade A+ Award to be used in an advertisement until the middle of February and in other sales communications until the end of March.

21. The Requested Relief from the requirements set out in paragraph 15.3(4)(c) of NI 81-102 is required in order for the

FundGrade Ratings and the FundGrade A+ Awards to be referenced in sales communications relating to the Funds. The Requested Relief from paragraph 15.3(4)(f) of NI 81-102 is also required for the FundGrade A+Awards to be referenced in sales communications relating to the funds outside of the periods mentioned in paragraph 20.


April 13, 2017

(2017), 40 OSCB 3374

22. Each of the Filers submits that the FundGrade A+ Awards and the FundGrade Ratings provide important tools for investors, as they provide investors with context when evaluating investment choices. The FundGrade A+ Awards and the FundGrade Ratings provide an objective, transparent and quantitative measure of performance that is based on the expertise of Fundata in fund analysis that alleviates any concern that references to them may be misleading and, therefore, contrary to paragraph 15.2(1)(a) of NI 81-102.

Decision

The principal regulator is satisfied that the decision meets the test set out in the Legislation for the principal regulator to make the decision. The decision of the principal regulator under the Legislation is that the Requested Relief is granted to permit the FundGrade A+ Awards and the FundGrade Ratings to be referenced in sales communications relating to a Fund provided that: 1. the sales communication that refers to the FundGrade A+ Awards and the FundGrade Ratings complies with Part 15 of NI 81-102 other than as set out herein and contains the following disclosure in at least 10 point type: (a) the name of the category for which the Fund has received the award or rating; (b) the number of mutual funds in the category for the applicable period; (c) the name of the ranking entity, i.e., Fundata; (d) the length of period and the ending date, or, the first day of the period and the ending date on which the FundGrade A+ Awards or the FundGrade Rating is based; (e) a statement that FundGrade Ratings are subject to change every month; (f) in the case of a FundGrade A+ Award, a brief overview of the FundGrade A+ Awards; (g) in the case of a FundGrade Rating (other than FundGrade Ratings referenced in connection with a FundGrade A+ Award), a brief overview of the FundGrade Rating; (h) disclosure of the meaning of the FundGrade Ratings from A to E (e.g., rating of A indicates a fund is in the top 10% of its category); and (i) reference to Fundata's website (www.fundata.com) for greater detail on the FundGrade A+ Awards and the FundGrade Ratings; 2. the FundGrade A+ Award being referenced must not have been awarded more than 365 days before the date of the sales communication; and 3. the FundGrade A+ Awards and the FundGrade Ratings being referenced are calculated based on comparisons of performance of investment funds within a specified category established by the CIFSC (or a successor to the CIFSC). signed “Vera Nunes” Manager Investment Funds and Structured Products Branch Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3375

2.2 Orders 2.2.1 Garth H. Drabinsky et al.


RSO 1990, c S.5

AND

IN THE MATTER OF GARTH H. DRABINSKY,

MYRON I. GOTTLIEB and GORDON ECKSTEIN

ORDER

(Sections 127 and 127.1 of the Securities Act)

WHEREAS:

1. On February 20, 2013, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing in relation to

an Amended Statement of Allegations issued by Staff of the Commission (“Staff”) regarding Garth H. Drabinsky, Myron I. Gottlieb and Gordon Eckstein (collectively, the “Respondents”), setting March 19, 2013 as the hearing date;

2. On March 19, 2013, the Commission convened a hearing and ordered that the matter be adjourned to a confidential

pre-hearing conference on May 23, 2013; 3. On May 23, 2013, a confidential pre-hearing conference was held, at which counsel for Staff and counsel for each of

the Respondents attended; 4. On September 8, 2014, a confidential pre-hearing conference was held, at which counsel for Staff and counsel for each

of the Respondents attended. The Commission adjourned the matter to a further confidential pre-hearing conference on December 2, 2014, set the hearing dates and ordered a schedule for delivery of the parties’ expert evidence, witness lists, witness summaries and hearing briefs;

5. On September 9, 2014, the Commission approved the settlement agreement reached between Staff and Gottlieb; 6. On December 2, 2014, a confidential pre-hearing conference was held, at which counsel for Staff, counsel for

Drabinsky and counsel for Eckstein attended, and all parties agreed to adjourn the matter to a further confidential pre-hearing conference to be held at a later-scheduled date;

7. On April 7, 2015, a confidential pre-hearing conference was commenced, at which counsel for each of Staff, Drabinsky

and Eckstein attended; 8. On April 23 and May 6, 2015, the confidential pre-hearing conference was continued, counsel for each of Staff and

Drabinsky attended, and Drabinsky requested that the scheduled hearing be adjourned; 9. On May 22, 2015, the Commission issued an Order approving the Settlement Agreement between Staff and Eckstein

dated April 20, 2015; 10. On May 25, 2015, the Commission adjourned the matter to a further confidential pre-hearing conference on September

24, 2015, vacated the previous hearing dates, set new hearing dates and ordered a revised schedule for delivery of the parties’ expert evidence, witness lists, witness summaries and hearing briefs;

11. On September 24, 2015, a confidential pre-hearing conference was held, at which counsel for Staff and counsel for

Drabinsky attended, and Drabinsky requested that the scheduled hearing be adjourned to a later date; 12. On September 29, 2015, the Commission adjourned the matter to a further confidential pre-hearing conference on

February 22, 2016, vacated the previous hearing dates, set new hearing dates and ordered a revised schedule for delivery of the parties’ expert evidence, witness lists, witness summaries and hearing briefs;

13. On February 22, 2016, a confidential pre-hearing conference was held, at which counsel for Staff and counsel for

Drabinsky attended, and Drabinsky again requested that the hearing scheduled in this matter be adjourned to a later


April 13, 2017

(2017), 40 OSCB 3376

date. The Commission adjourned the matter to a further confidential pre-hearing conference on June 20, 2016, vacated the previous hearing dates, set new hearing dates and ordered a revised schedule for delivery of the parties’ expert evidence, witness lists, witness summaries and hearing briefs;

14. Staff requested, on consent, that the pre-hearing conference scheduled to take place on June 20, 2016 be rescheduled

to June 27, 2016; 15. On June 27, 2016, a confidential pre-hearing conference was held, at which Staff and counsel for Drabinsky attended,

and Drabinsky again requested that the hearing scheduled in this matter be adjourned to a later date. The Commission adjourned the matter to a further confidential pre-hearing conference on November 22, 2016, vacated the previous hearing dates, set new hearing dates for the matter to be heard on February 22, 23, 24, 27 and 28, 2017 and March 10, 2017and ordered a revised schedule for delivery of the parties’ expert evidence, witness lists, witness summaries and hearing briefs;

16. Drabinsky continues to be subject to an interim undertaking made to the Director of Enforcement of the Commission

(the “Director”) providing that, pending the conclusion of the Commission proceeding, he will not apply to become a

registrant or an employee of a registrant or an officer or director of a reporting issuer without the express written consent of the Director or an order of the Commission releasing him from the undertaking;

17. Drabinsky continued to be subject to parole terms in effect until September 2016 (the “Parole Terms”) which prohibited

him from owning or operating a business or being in a position of responsibility for the management of finances or investments of any other individual, charity, business or institution, among other things;

18. Upon expiry of the Parole Terms, and as a condition of the adjournment sought on June 27, 2016, Drabinsky agreed to

the following terms until the conclusion of the Commission proceeding:

a. He will not own or operate a business; and b. He will not be in a position that would entail the management, control or administration of finances or

investments of any other individual, charity, business or institution; 19. On November 22, 2016, a confidential pre-hearing conference was held, at which Staff and counsel for Drabinsky

attended; 20. On January 10, 2017, a confidential pre-hearing conference was held, at which Staff and counsel for Drabinsky

attended; 21. On February 22, 2017, the hearing commenced and continued on February 23 and 24, 2017; 22. On February 27, 2017, the Commission ordered that the further hearing dates were vacated and oral closing

submissions shall be heard on a date to be determined by the Commission; 23. On March 3, 2017, the Commission ordered that:

a. Staff’s written submissions shall be served and filed on or before March 13, 2017; b. The Respondent’s written submissions shall be served and filed on or before March 21, 2017; c. Staff’s reply written submissions, if any, shall be served and filed on or before March 31, 2017; and d. Oral closing submissions shall be heard on April 12, 2017 at 10:00 a.m., or such other date as may be agreed

to by the parties and set by the Office of the Secretary; 24. On March 13, 2017, Staff filed written submissions 25. On March 15, 2017, Drabinsky filed motion materials regarding Staff’s written submissions. Drabinsky’s motion was

heard in camera on March 17, 2017 (the “In Camera Motion”);

26. The Commission is of the opinion that the desirability of avoiding disclosure of the documents filed in respect of the In

Camera Motion outweighs the desirability of adhering to the principle that members of the public are entitled to

reasonable access to those documents; and 27. The Commission is of the opinion that it is in the public interest to make this Order;


April 13, 2017

(2017), 40 OSCB 3377

IT IS HEREBY ORDERED that:

1. Pursuant to subsection 9(1.1) of the Statutory Powers Procedure Act, RSO 1990, c S.22, and Rule 5.2 of Ontario

Securities Commission Rules of Procedure (2014), 37 OSCB 4168, Staff materials filed on March 13, 2017, all materials filed with the Commission in respect of the In Camera Motion and the transcript thereof shall be kept confidential;

2. Staff’s written submissions shall be amended, reserved and refiled; 3. The Respondent’s written submissions shall be served and filed on or before April 13, 2017; 4. Staff’s reply written submissions, if any, shall be served and filed on or before April 19, 2017; 5. The hearing date of April 12, 2017 is vacated; and 6. Oral closing submissions in respect of the hearing in this matter shall be heard on April 24, 2017 at 10:00 a.m., or such

other date as may be agreed to by the parties and set by the Office of the Secretary. DATED at Toronto this 4th day of April, 2017.

“D. Grant Vingoe”

“Judith N. Robertson” “William J. Furlong”


April 13, 2017

(2017), 40 OSCB 3378

2.2.2 Lance Kotton – ss. 127(7), (8)


RSO 1990, c S.5

AND

IN THE MATTER OF LANCE KOTTON

TEMPORARY ORDER

(Subsections 127(7) and (8)) WHEREAS:

1. on November 6, 2015, the Ontario Securities Commission (the “Commission”) ordered pursuant to subsections 127(1)

and (5) of the Securities Act, RSO 1990, c S.5 (the “Act”), that pursuant to clause 2 of subsection 127(1) of the Act,

trading in any securities by Lance Kotton (“Kotton”) shall cease (the “Temporary Order”); and 2. the Commission further ordered that the Temporary Order shall take effect immediately and shall expire on the 15th

day after its making unless extended by order of the Commission; 3. on November 9, 2015, the Commission issued a Notice of Hearing providing notice that it would hold a hearing on

November 19, 2015, to consider whether, pursuant to subsections 127(7) and 127(8) of the Act, it is in the public interest for the Commission to extend the Temporary Order until the conclusion of the hearing or until such further time as considered necessary by the Commission, and to make such further orders as the Commission considers appropriate;

4. Kotton consented to an extension of the Temporary Order until December 17, 2015, which order was further extended

until April 6, 2017; 5. on April 5, 2017, Staff of the Commission and counsel for Kotton appeared before the Commission requesting that the

Temporary Order be extended on consent as against Kotton until May 26, 2017, and made submissions; and 6. the Commission is of the opinion that it is in the public interest to make this Order; IT IS ORDERED that:

1. the Temporary Order is extended as against Kotton until May 26, 2017; and 2. the hearing of this matter is adjourned until May 24, 2017 at 10:00 a.m., or such other date and time as provided by the

Office of the Secretary and agreed to by the parties. DATED at Toronto, Ontario this 5th day of April, 2017.

“Timothy Moseley”


April 13, 2017

(2017), 40 OSCB 3379

2.2.3 Manitoba Telecom Services Inc – s. 1(10)(a)(ii)

Headnote

National Policy 11-206 Process for Cease to be a Reporting Issuer Applications – Application for an order that the issuer is not a reporting issuer under applicable securities laws – following an arrangement issuer has outstanding medium term notes held by more than 51 holders – issuer has no other securities outstanding apart from common shares owned by BCE and preferred shares owned by Bell Canada, a wholly-owned subsidiary of BCE – Bell Canada assumed the issuer's obligations and liabilities under the notes – issuer remaining as a co-borrower under the notes along with Bell Canada to avoid potential adverse tax consequences to noteholders – BCE guaranteeing obligations of issuer and Bell Canada under the notes – BCE is a reporting issuer in each province of Canada. Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c.S.5, as am., s.1(10)(a)(ii).

March 30, 2017

IN THE MATTER OF

THE SECURITIES LEGISLATION OF MANITOBA AND ONTARIO (THE "JURISDICTIONS")

AND

IN THE MATTER OF

THE PROCESS FOR CEASE TO BE A REPORTING ISSUER APPLICATIONS

AND

IN THE MATTER OF

MANITOBA TELECOM SERVICES INC. (THE "FILER'')

ORDER

Background

The securities regulatory authority or regulator in each of the Jurisdictions ("Decision Maker") has received an application from the Filer for an order under the securities legislation of the Jurisdictions (the "Legislation") that the Filer has ceased to be a reporting issuer in all jurisdictions of Canada in which it is a reporting issuer (the "Order Sought").

Under the Process for Cease to be a Reporting Issuer Applications (for a dual application) :

(a) the Manitoba Securities Commission is the principal regulator for this application; (b) the Filer has provided notice that section 4C.5(1) of Multilateral Instrument 11-102 - Passport System is

intended to be relied upon in British Columbia, Alberta, Saskatchewan, Quebec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador , and

(c) the order is the order of the principal regulator and evidences the decision of the securities regulatory authority

or regulator in Ontario. Interpretation

Terms defined in National Instrument 14-101 - Definitions have the same meaning if used in this order , unless otherwise defined. Representations

This order is based on the following facts represented by the Filer:


April 13, 2017

(2017), 40 OSCB 3380

1. The Filer is a corporation governed by The Corporations Act (Manitoba) (the "Act") with its registered office located at

333 Main Street, Room MP 19A, P.O. Box 6666, Winnipeg , Manitoba, R3C 3V6. 2. On March 17, 2017 , BCE Inc. ("BCE"), through its wholly-owned subsidiary Bell Canada acquired all of the issued and

outstanding common shares of the Filer ("Common Shares") by way of statutory plan of arrangement under Section 185 of the Act (the "Arrangement").

3. The Filer has the following outstanding medium term notes issued pursuant to (i) a trust indenture between the Filer

and Montreal Trust Company of Canada (now Computershare Trust Company of Canada) dated May 1, 2001 , as supplemented (the "2001 Indenture") and (ii) a trust indenture between the Filer and Computershare Trust Company of Canada dated August 20, 2011 (the "2011 Indenture" , collectively with the 2001 Indenture, the "Indentures"):

(i) $200,000,000 principal amount of 5.625% medium term notes (Series 8) due December 16, 2019 issued

pursuant to the 2001 Indenture (the "Series 8 Notes");

(ii) $200,000,000 principal amount of 4.59% notes (Series 9) due October 1, 2018 issued pursuant to the 2011

Indenture (the "Series 9 Notes"); and

(iii) $225,000,000 principal amount of 4.00% medium-term notes (Series 10) due May 27, 2024 issued pursuant to

the 2011 Indenture (the "Series 10 Notes", collectively with the Series 8 Notes and the Series 9 Notes, the "Notes").

4. The sole registered holder of the Notes is the Canadian Depositary for Securities Limited. Based upon a report

provided by Broadridge, as at March 17, 2017, the Series 8 Notes, the Series 9 Notes and the Series 10 Notes were beneficially held by 3,025, 1,458 and 1,299 holders resident in Canada, respectively

5. The Common Shares were delisted from the Toronto Stock Exchange on March 20, 2017.

6. On March 27, 2017 , a series of transactions involving the Filer were completed which resulted in, amongst other things, (i) BCE owning all of the Common Shares and Bell Canada, a wholly-owned subsidiary of BCE, owning all of the preferred shares of the Filer; (ii) the Filer owning common shares of Bell Canada representing less than 10% of its issued and outstanding common shares; and (iii) Bell Canada acquiring substantially all of the assets of the Filer and , through a supplement to each of the Indentures, assuming certain obligations and liabilities of the Filer, including the Filer's obligations and liabilities under the Notes, and BCE guaranteeing the obligations of Bell Canada and the Filer under the Notes (the "Post-Closing Transactions").

7. Following the Post-Closing Transactions, all of the outstanding equity securities of the Filer are held by BCE, which

holds all of the outstanding Common Shares, and Bell Canada, which holds all of the outstanding preferred shares of the Filer, and the Notes are only outstanding debt securities of the Filer.

8. Under the terms of the Indentures, upon the completion of the Post-Closing Transactions, the Filer was entitled to be

released from its obligations in respect of the Notes. However, the Filer agreed to continue to be bound as a co-borrower under the Notes along with Bell Canada to avoid potentially adverse tax consequences on the holders of the Notes. ·

9. Under an asset transfer agreement pursuant to which Bell Canada acquired substantially all of the assets of the Filer

and assumed the Filer's obligations and liabilities under the Notes, Bell Canada made an undertaking in favour of the Filer to (i) pay punctually when due the principal of, and interest, if any, on and all other amounts owing under, the Notes; (ii) perform and observe punctually all the obligations of the Filer under the Indentures and under and in respect of the Notes; and (iii) observe and perform each and every covenant, stipulation, promise, undertaking, condition and agreement of the Filer contained in the Indentures as if it had itself executed the Indentures as the Filer and had expressly agreed to observe and perform the same.

10. The Indentures do not contain a provision requiring the Filer to maintain its status as a reporting issuer. 11. Pursuant to a supplement to each of the Indentures (collectively , the "Supplements") entered into as part of the Post-

Closing Transactions, the Filer was released from certain covenants under the Indentures, including limitation on liens and debt restriction covenants and the requirement to provide financial information to holders of the Notes. Those covenants and all other obligations under the Notes and the Indentures (as amended by the Supplements in accordance with the Indentures) were assumed by Bell Canada as the Filer's assign under the Indentures.


April 13, 2017

(2017), 40 OSCB 3381

12. Bell Canada is a reporting issuer in each of the provinces of Canada . It qualifies under the credit support issuer exemption and satisfies the conditions under subsection 13.4(2) of NI 51-102 (the "Credit Support Issuer Exemption"). In particular, but without limitation:

(i) Bell Canada does not have any securities outstanding other than (i) common shares held by BCE and,

following the Post-Closing Transactions, the Filer, (ii) non-convertible debt securities which are "designated credit support securities" as defined in Section 13.4 of NI 51-102, and (iii) certain commercial paper representing "designated credit support securities" as defined in Section 13.4 of NI 51-102;

(ii) BCE is a reporting issuer in all of the provinces of Canada and has filed all documents it is required to file

under NI 51-102; (iii) Bell Canada files in electronic format a notice indicating that it is relying on the continuous disclosure

documents filed by BCE and setting out where those documents can be found for viewing in electronic format; (iv) Bell Canada files with such notice in electronic format, for the periods covered by the consolidated interim

financial report or consolidated annual financial statements of BCE filed, consolidating summary financial information for BCE presented with a separate column for (a) BCE, (b) Bell Canada, (c) any other subsidiaries of BCE other than Bell Canada, (d) consolidating adjustments, and (e) total consolidated amounts;

13. BCE is a reporting issuer in each of the provinces of Canada and is not in default of any of its obligations under the

securities legislation of such provinces. BCE common shares (each such common share, a "BCE Share") are listed on the Toronto Stock Exchange and the New York Stock Exchange under symbol "BCE".

14. The Filer meets the criteria set forth in Section 19(a), (c) and (d) of National Policy 11- 206 - Process for Cease to be a

Reporting Issuer Applications ("NP 11-206") as follows:

(i) the Filer is not an OTC reporting issuer under Multilateral Instrument 51-105 Issuers Quoted in the U.S. Over-the-Counter Markets;

(ii) following the Post-Closing Transactions, the Filer's securities, including debt securities, will not be traded in

Canada or another country on a marketplace or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported; and

(iii) the Filer is not in default of securities legislation in any jurisdiction where it is a reporting issuer.

15. The Filer does not meet the criterion in Section 19(b) of NP 11-206 because, as noted in paragraph 4 above, it is not

the case that the Notes are beneficially owned, directly or indirectly, by fewer than 15 security holders in each of the jurisdictions of Canada and fewer than 51 securityholders in total worldwide.

16. Upon the grant of the Order Sought, the Filer will no longer be a reporting issuer in any jurisdiction in Canada. Order

Each of the Decision Makers is satisfied that the order meets the test set out in the Legislation for the Decision Maker to make the order. The decision of the Decision Makers under the Legislation is that the Order Sought is granted. “Chris Besko” Director The Manitoba Securities Commission


April 13, 2017

(2017), 40 OSCB 3382

2.2.4 Quadrexx Hedge Capital Management Ltd. et al.


RSO. 1990, c S.5

AND

IN THE MATTER OF QUADREXX HEDGE CAPITAL MANAGEMENT LTD.,

QUADREXX SECURED ASSETS INC., MIKLOS NAGY and TONY SANFELICE

ORDER

WHEREAS:

1. On January 30, 2014, Staff of the Ontario Securities Commission (“Staff”) filed a Statement of Allegations with respect

to Quadrexx Hedge Capital Management Ltd. (“QHCM”), Quadrexx Secured Assets Inc. (“QSA”), Miklos Nagy (“Nagy”) and Tony Sanfelice (“Sanfelice”) (collectively, the “Respondents”) pursuant to sections 127 and 127.1 of the Securities Act, RSO 1990, c S.5 (the “Act”) and the Commission subsequently issued a related Notice of Hearing;

2. The Commission conducted the hearing on the merits, which concluded on May 27, 2016, following which the

Commission issued its Reasons and Decision on the merits on February 6, 2017, wherein the Panel concluded the Respondents had contravened the Act;

3. On April 5, 2017, the Commission held a pre-hearing conference to schedule the hearing on sanctions and costs and

address related issues; and 4. Staff, Nagy on behalf of himself, QHCM and QSA, and Sanfelice on behalf of himself, attended the pre-hearing

conference and made submissions; IT IS HEREBY ORDERED that:

1. This matter is adjourned to a further confidential pre-hearing conference on May 24, 2017 at 2:00 p.m., or such other

date as may be agreed to by the parties and set by the Office of the Secretary; 2. Staff shall serve and file Staff’s written submissions on sanctions and costs by no later than April 28, 2017; 3. The Respondents shall serve and file their written submissions on sanctions and costs by no later than July 7, 2017; 4. Staff shall serve and file Staff’s reply submissions, if any, by no later than July 19, 2017; and 5. The hearing on sanctions and costs shall be held on July 26 and 27, 2017 at 10:00 a.m., or such other dates as may be

agreed to by the parties and set by the Office of the Secretary. DATED at Toronto this 6th day of April, 2017

“Timothy Moseley” ________________________________


April 13, 2017

(2017), 40 OSCB 3383

2.2.5 Wilmington Trust, National Association and Barrick Gold Corporation – s. 46(4) Headnote

Order pursuant to subsection 46(4) of the Business Corporations Act (Ontario) – trust indentures to be governed by the United States Trust Indenture Act of 1939, as amended, in connection with a public offering of debt securities of the issuer in the United States and Canada – relief conditional upon the trustee to be appointed under the trust indentures filing with the Commission and on SEDAR a submission to the non-exclusive jurisdiction of the courts and administrative tribunals of Ontario and appointment of an agent for service of process in Ontario – Canadian base shelf prospectus supplement will include disclosure about the existence of this order and a statement regarding the risks associated with the purchase of debt securities of the issuer under the trust indentures by a holder in Ontario as a result of the absence of a local trustee appointed under the trust indentures – trust indentures exempted from the requirements of Part V of the Business Corporations Act (Ontario). Applicable Legislative Provisions

Business Corporations Act, R.S.O. 1990, c. B-16, as amended, ss. 46(2), 46(3), 46(4), Part V. Securities Act, R.S.O. 1990, c.S.5, as amended. Trust Indenture Act of 1939,53 Stat. 1149 (1939), 15 U.S.C., Secs. 77aaa-77bbb, as amended.

April 7, 2017

IN THE MATTER OF THE BUSINESS CORPORATIONS ACT,

R.S.O. 1990, CHAPTER B.16, AS AMENDED (THE "ACT")

AND

IN THE MATTER OF

WILMINGTON TRUST, NATIONAL ASSOCIATION

AND

BARRICK GOLD CORPORATION

ORDER (Subsection 46(4) of the Act)

UPON the application of Wilmington Trust, National Association (the "Applicant") to the Ontario Securities Commission (the "Commission") for an order pursuant to subsection 46(4) of the Act exempting from the requirements of Part V of the Act a trust indenture to be entered into between Barrick Gold Corporation ("Barrick") and the Applicant in respect of senior debt securities

of Barrick and a trust indenture to be entered into between Barrick and the Applicant in respect of subordinated debt securities of Barrick (each, an "Indenture" and, collectively, the "Indentures").

AND UPON considering the application and the recommendation of the staff of the Commission;

AND UPON it being represented by Barrick and the Applicant to the Commission that:

1. The Applicant is a body corporate incorporated under the laws of the State of Delaware and is neither resident nor

authorized to do business as a trust company in Ontario. The Applicant's Corporate Trust office and principal place of business is 1100 North Market Street, Wilmington, Delaware, 19890.

2. Barrick is a corporation existing under the Act. Barrick's head office and principal place of business is Brookfield Place,

TD Canada Trust Tower, Suite 3700, 161 Bay Street, P.O. Box 212, Toronto, Ontario, M5J 2S1. Barrick is a reporting issuer under the Securities Act (Ontario) (the "OSA") and is not in default of any requirement of the OSA and the

respective regulations and rules under the OSA together with applicable published policy statements of the Canadian Securities Administrators. Barrick's common shares are listed on the Toronto Stock Exchange and the New York Stock Exchange under the symbol "ABX".

3. The Applicant will be the sole trustee under each Indenture to be entered into between Barrick and the Applicant. 4. Barrick filed a final short form base shelf prospectus (the "Prospectus") with the Commission and the securities

regulatory authorities in each of the other provinces and territories of Canada on March 3, 2017 pursuant to National


April 13, 2017

(2017), 40 OSCB 3384

Instrument 44-101 – Short Form Prospectus Distributions and National Instrument 44-102 – Shelf Distributions to qualify the distribution of certain securities (the "Securities"), including debt securities ("Debt Securities"), in each of

the provinces and territories of Canada. Public offers and sales of Securities, including Debt Securities, may be made, from time to time, in the United States pursuant to the registration statement on Form F-10 (the "Registration Statement"), which was filed with the United States Securities and Exchange Commission (the "SEC") on February 16,

2017 under the multi-jurisdictional disclosure system, as amended on March 3, 2017 under the first amendment to the Registration Statement ("Amendment No. 1 to the Registration Statement"). The Prospectus forms a part of

Amendment No. 1 to the Registration Statement. 5. Public offers and sales of the Debt Securities issued under each Indenture, if any, are expected to be made in the

United States, but may also be made in one or more of the provinces and territories of Canada. 6. Issuances of Debt Securities, if any, are expected to be made under either Indenture or both Indentures. 7. Each Indenture is to be governed by the laws of the State of New York and the federal laws of the United States

applicable therein. 8. A form of each Indenture was filed with the SEC as an exhibit to Amendment No. 1 to the Registration Statement. 9. Following the execution of an Indenture, such Indenture will be filed on the System for Electronic Document Analysis

and Retrieval ("SEDAR") in connection with the sale of Debt Securities thereunder.

10. Pursuant to subsection 46(2) of the Act, Part V of the Act will apply to each Indenture because the Prospectus was filed

under the OSA. 11. As a result of the filing of the Registration Statement with the SEC, each Indenture is also subject to and governed by

the provisions of the United States Trust Indenture Act of 1939, as amended (the "TIA"). The TIA requires, and each

Indenture provides, that the trustee under an Indenture must satisfy the requirements of sections 310(a)(1), 310(a)(2) and 310(b) of the TIA, including that the trustee thereunder be organized under the laws of the United States, any State thereof or the District of Columbia and be authorized to execute corporate trust powers pursuant to such applicable laws.

12. Because the TIA regulates trustees and trust indentures of publicly offered debt securities in the United States in a

manner that is consistent with Part V of the Act, holders of Debt Securities in Ontario will not, subject to the delivery of a submission to jurisdiction and an appointment of an agent for service of process (“Submission to Jurisdiction and Appointment of Agent for Service of Process”), derive any additional material benefit from having the Indentures be

subject to Part V of the Act. 13. Prior to or concurrently with Barrick's filing of an executed Indenture with the Commission and the filing of any

Canadian shelf prospectus supplement under the Prospectus (a "Supplement") in respect of an offering of Debt

Securities, the Applicant will file with the Commission and on SEDAR a Submission to Jurisdiction and Appointment of Agent for Service of Process.

14. Any Supplement under which Debt Securities will be offered or sold in Canada will disclose the existence of the Order,

if granted, and state that the Applicant, the assets of the Applicant and, if applicable, all or certain of its officers and directors are located outside of Ontario and, as a result, that it may be difficult for a holder that purchases Debt Securities in Canada to enforce its rights against the Applicant, the Applicant's assets or its officers or directors, and that the holder may have to enforce rights against the Applicant in the United States.

15. It is not currently anticipated that Debt Securities will be listed on any stock exchange, but listing may occur in the

future. 16. While Barrick has applied for and received exemptive relief under subsection 46(4) of the Act from the Commission in

the past, the indenture in respect of which such historical relief was granted is not suitable for use in connection with future issuances of Debt Securities by Barrick as such indenture provided for issuances of debt securities by subsidiaries of Barrick that were guaranteed by Barrick.

AND UPON the Commission being of the opinion that to do so would not be prejudicial to the public interest;

IT IS ORDERED, pursuant to subsection 46(4) of the Act, that each Indenture is exempt from Part V of the Act, provided that:

(a) each Indenture is governed by and subject to the TIA; and


April 13, 2017

(2017), 40 OSCB 3385

(b) prior to or concurrently with Barrick's filing of an executed Indenture with the Commission and the filing of any Supplement in respect of an offering of Debt Securities, the Applicant, or any trustee that replaces the Applicant under the terms of such Indenture, has filed with the Commission and on SEDAR a Submission to Jurisdiction and Appointment of Agent for Service of Process.

“Philip Anisman “William J. Furlong” Commissioner Commissioner Ontario Securities Commission Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3386

2.2.6 Eco Oro Minerals Corp.


RSO 1990, c S.5

AND

IN THE MATTER OF ECO ORO MINERALS CORP.

AND

IN THE MATTER OF

A HEARING AND REVIEW OF A DECISION OF

THE TORONTO STOCK EXCHANGE

ORDER (Rules 1.8 and 3 of the Ontario Securities Commission Rules of Procedure)

WHEREAS:

1. on March 27, 2017, pursuant to sections 21.7 and 127 of the Securities Act, RSO 1990, c S.5, Courtenay

Wolfe and Harrington Global Opportunities Fund Ltd. (collectively, the “Applicants”) filed a Notice of Application with the Ontario Securities Commission (the “Commission”) for a hearing in respect of the issuance of 10,600,000 common shares (the “Shares”) of Eco Oro Minerals Corp. (“Eco Oro”) by Eco Oro to

four shareholders of Eco Oro on or about March 16, 2017, and the decision of the Toronto Stock Exchange (the “TSX”) on March 10, 2017 to grant conditional approval for the issuance of the Shares (the “Application”);

2. on April 3, 2017, the Commission issued an Order setting a schedule for the hearing of the Application and the

exchange of materials (the “Scheduling Order”);

3. on April 3, 2017, Trexs Investments, LLC, Amber Capital LP and Paulson & Co. Inc. filed written submissions

for respective motions for leave to intervene in the Application with full standing, including the right to adduce evidence and make submissions;

4. in accordance with Rule 11.4 of the Ontario Securities Commission Rules of Procedure (2014), 37 OSCB

4168, and subsection 5.1(1) of the Statutory Powers Procedure Act, RSO 1990, c S.22, the motions for leave to intervene were heard by means of written hearings;

5. Eco Oro consents to, Staff of the Commission does not oppose, and the Applicants and the TSX take no

position on the motions for leave to intervene; and 6. the Commission is of the opinion that it is in the public interest to make this Order;

IT IS HEREBY ORDERED THAT:

1. Trexs Investments, LLC, Amber Capital LP and Paulson & Co. Inc. are each granted leave to intervene in the

Application, including the right to adduce evidence and make submissions; and 2. Leave to intervene is granted on the condition that the intervenors abide by the Scheduling Order, including by

serving and filing any written materials for the Application by no later than 5:00 p.m. on Thursday, April 13, 2017.

DATED at Toronto, this 7th day of April, 2017.

“D. Grant Vingoe”

______________________________

“Monica Kowal” “Frances Kordyback” ____________________________ _________________________


April 13, 2017

(2017), 40 OSCB 3387

2.2.7 Dollarama Inc. and BMO Nesbitt Burns Inc. Headnote

Section 6.1 of NI 62-104 – Issuer bid – relief from the requirements applicable to issuer bids in Part 2 of NI 62-104 – issuer proposes to purchase, pursuant to a repurchase program and at a discounted purchase price, up to a specified number of its common shares under its normal course issuer bid from a third party – the third party will abide by the requirements governing normal course issuer bids as though it was the issuer, subject to certain modifications, including that the third party will not make any purchases under the program pursuant to a pre-arranged trade – common shares delivered to the issuer for cancellation will be common shares from the third party's existing inventory – the third party will purchase common shares under the program on the same basis as if the issuer had conducted the bid in reliance on the normal course issuer bid exemptions set out in securities legislation – no adverse economic impact on, or prejudice to, the issuer or its security holders – acquisition of securities exempt from the requirements applicable to issuer bids in Part 2 of NI 62-104 subject to conditions, including that the number of common shares transferred by the third party from its existing inventory to the issuer for purchase under the program be equivalent to the number of common shares that the third party has purchased, or had purchased on its behalf, on Canadian markets. Statutes Cited

National Instrument 62-104 Take-Over Bids and Issuer Bids, Part 2 and s. 6.1.


R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF DOLLARAMA INC. AND

BMO NESBITT BURNS INC.

ORDER (Section 6.1 of National Instrument 62-104)

UPON the application (the “Application”) of Dollarama Inc. (the “Issuer”) and BMO Nesbitt Burns Inc. (“BNBI”, and together with the Issuer, the “Filers”) to the Ontario Securities Commission (the “Commission”) for an order pursuant to section 6.1 of National Instrument 62-104 Take-Over Bids and Issuer Bids (“NI 62-104”) exempting the Issuer from the requirements applicable to issuer bids in Part 2 of NI 62-104 (the “Issuer Bid Requirements”) in respect of the proposed purchases by the Issuer of up to 658,000 (the “Program Maximum”) of its common shares (the “Common Shares”) from BNBI pursuant to a share repurchase program (the “Program”);

AND UPON considering the Application and the recommendation of staff of the Commission;

AND UPON the Issuer having represented to the Commission the matters set out in paragraphs 1 to 4, inclusive, 9 to 20,

inclusive, 22 to 29, inclusive, 34, 36, 38 to 40, inclusive, 42 and 43 as they relate to the Issuer; AND UPON BNBI and Bank of Montreal (“BMO”, and together with BNBI, the “BMO Entities”) having represented to the

Commission the matters set out in paragraphs 5 to 8, inclusive, 19 to 22, inclusive, 24, 28, 30 to 35, inclusive, 37, 41, 43 and 44 as they relate to the BMO Entities; 1. The Issuer is a corporation governed by the Canada Business Corporations Act (the “CBCA”).

2. The registered and head office of the Issuer is located at 5805 Royalmount Avenue, Montreal, Québec, Canada, H4P

0A1. 3. The Issuer is a reporting issuer in each of the provinces and territories of Canada and the Common Shares are listed

for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “DOL”. The Issuer is not in default of any requirement of the securities legislation in the jurisdictions in which it is a reporting issuer.

4. The authorized share capital of the Issuer consists of an unlimited number of Common Shares and an unlimited

number of preferred shares issuable in series, of which 114,259,109 Common Shares and no preferred shares were issued and outstanding as of March 27, 2017.


April 13, 2017

(2017), 40 OSCB 3388

5. BNBI is a corporation governed by the CBCA. BMO is a Schedule I bank governed by the Bank Act (Canada). The corporate headquarters of each of the BMO Entities are located in Toronto, Ontario. BNBI is registered as an investment dealer under the securities legislation of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Québec, Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Yukon, the Northwest Territories and Nunavut. It is also registered as: (a) a futures commission merchant under the Commodity Futures Act (Ontario); (b) a derivatives dealer under the Derivatives Act (Québec); and (c) a dealer (futures commission merchant) under The Commodity Futures Act (Manitoba). BNBI is a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and the Canadian Investor Protection Fund, a participating organization or member of the TSX,

TSX Venture Exchange and Canadian Securities Exchange, and an approved participant of the Bourse de Montréal. 6. BNBI does not own, directly or indirectly, more than 5% of the issued and outstanding Common Shares. 7. BNBI is the beneficial owner of 658,000 Common Shares, none of which were acquired by, or on behalf of, BNBI in

anticipation or contemplation of resale to the Issuer (such Common Shares over which BNBI has beneficial ownership, the “Inventory Shares”). All of the Inventory Shares are held by BNBI in the Province of Ontario. No Common Shares

were purchased by, or on behalf of, BNBI on or after February 21, 2017 being a date more than 30 days prior to the date of the Application, in anticipation or contemplation of a sale of Common Shares by BNBI to the Issuer.

8. BNBI is at arm’s length to the Issuer and is not an “insider” of the Issuer, or an “associate” of an “insider” of the Issuer,

or an “associate” or “affiliate” of the Issuer, as such terms are defined in the Securities Act (Ontario) (the “Act”). BNBI is an “accredited investor” within the meaning of National Instrument 45-106 Prospectus Exemptions.

9. On June 8, 2016, the Issuer announced the renewal of its normal course issuer bid (the “Normal Course Issuer Bid”)

to purchase for cancellation, during the 12-month period beginning on June 17, 2016 and ending on June 16, 2017, up to 5,975,854 issued and outstanding Common Shares, representing approximately 5.0% of the issued and outstanding Common Shares as of the date specified in the Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”),

which was submitted to, and accepted by, the TSX. The Notice specified that purchases made under the Normal Course Issuer Bid are to be conducted through the facilities of the TSX or alternative trading systems, if eligible, or by such other means as may be permitted by the TSX in accordance with sections 628 to 629.3 of Part VI of the TSX Company Manual (the “TSX NCIB Rules”) or a securities regulatory authority, including under automatic trading plans,

and by private agreements under issuer bid exemption orders issued by securities regulatory authorities. On April 7, 2017, the TSX accepted an amendment to the Notice to specify that the Issuer may acquire Common Shares under share repurchase programs pursuant to issuer bid exemption orders issued by securities regulatory authorities.

10. The Normal Course Issuer Bid is being conducted in reliance upon the exemption from the Issuer Bid Requirements set

out in subsection 4.8(2) of NI 62-104 (the “Designated Exchange Exemption”).

11. The Normal Course Issuer Bid is also being conducted in the normal course on published markets other than the TSX

(such other published markets, collectively, the “Other Published Markets”) in reliance upon the exemption from the Issuer Bid Requirements set out in subsection 4.8(3) of NI 62-104 (the “Other Published Markets Exemption”, and together with the Designated Exchange Exemption, the “Exemptions”).

12. Pursuant to the TSX NCIB Rules, the Issuer has appointed RBC Dominion Securities Inc. as its designated broker in

respect of the Normal Course Issuer Bid (the “Responsible Broker”).

13. On June 8, 2016, the Issuer also announced the renewal of its automatic share purchase plan (“ASPP”) to permit the

Issuer to make purchases under the Normal Course Issuer Bid at such times when the Issuer would not be permitted to trade in the Common Shares, including during regularly scheduled quarterly blackout periods and other internal blackout periods (each such time, a “Blackout Period”). The ASPP was pre-cleared by the TSX and complies with the

TSX NCIB Rules and applicable securities laws. The ASPP will not be in effect during the Program Term. 14. To the best of the Issuer’s knowledge, as of March 27, 2017, the “public float” for the Common Shares represented

approximately 92% of all the issued and outstanding Common Shares for purposes of the TSX NCIB Rules. The Common Shares are “highly-liquid securities” within the meaning of section 1.1 of OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions (“OSC Rule 48-501”) and section 1.1 of the Universal Market Integrity Rules (“UMIR”).

15. The Commission granted an order on December 23, 2016 pursuant to section 6.1 of NI 62-104 exempting the Issuer

from the Issuer Bid Requirements in connection with proposed purchases by the Issuer of up to 150,000 Common Shares from The Bank of Nova Scotia pursuant to one or more private agreements (the “BNS Order”). The Issuer

completed the purchase of 150,000 Common Shares under the BNS Order on January 4, 2017.


April 13, 2017

(2017), 40 OSCB 3389

16. The Autorité des marchés financiers granted an order on December 28, 2016 pursuant to section 6.1 of NI 62-104 and section 263 of the Securities Act (Québec) exempting the Issuer from the Issuer Bid Requirements in connection with

proposed purchases by the Issuer of up to 150,000 Common Shares from National Bank of Canada pursuant to one or more private agreements (the “NBC Order”, and together with the BNS Order, the “Off-Exchange Block Purchases”).

The Issuer completed the purchase of 150,000 Common Shares under the NBC Order on January 3, 2017. 17. The Commission granted an order on January 10, 2017 pursuant to section 6.1 of NI 62-104 exempting the Issuer from

the Issuer Bid Requirements in connection with proposed purchases by the Issuer of up to 1,123,000 Common Shares from the Canadian Imperial Bank of Commerce (the “CIBC Order”) pursuant to a share repurchase program. The

Issuer completed the purchase of 1,120,040 Common Shares under the CIBC Order on March 13, 2017, and such program was terminated on that date.

18. As at the close of business on April 5, 2017, the Issuer had repurchased for cancellation a total of 5,080,162 Common

Shares under the Normal Course Issuer Bid, including 300,000 Common Shares pursuant to Off-Exchange Block Purchases and 1,120,040 Common Shares pursuant to the CIBC Order.

19. Concurrently with the Application, the Issuer has filed an additional application with the Commission for exemptive relief

from the Issuer Bid Requirements in connection with the proposed purchase by the Issuer of up to 237,000 Common Shares from BMO pursuant to a share repurchase program (the “BMO Program”). The BMO Program will begin on

the Trading Day (as defined below) following completion or termination of the Program and will terminate on the earlier of April 27, 2017 and the date on which the Issuer will have purchased 237,000 Common Shares from BMO under the BMO Program.

20. The Filers wish to participate in the Program during, and as part of, the Normal Course Issuer Bid to enable the Issuer

to purchase from BNBI, and for BNBI to sell to the Issuer, that number of Common Shares equal to the Program Maximum.

21. Pursuant to the terms of the Program Agreement (as defined below), BNBI has been retained by BMO to acquire

Common Shares through the facilities of the TSX and on Other Published Markets in Canada (each, a “Canadian Other Published Market” and collectively with the TSX, the “Canadian Markets”) under the Program. No Common

Shares will be acquired under the Program on any Other Published Markets other than Canadian Other Published Markets.

22. The Program will be governed by, and conducted in accordance with, the terms and conditions of a Repurchase

Program Agreement that was entered into on March 21, 2017 among the Filers and BMO, as amended by an amended and restated Repurchase Program Agreement dated April 7, 2017 (the “Program Agreement”). A copy of the

Program Agreement has been provided by the Filers to the Commission. 23. The TSX has: (a) been advised of the Issuer’s intention to enter into the Program; (b) been provided with a copy of the

Program Agreement and a draft of the Press Release (as defined below); and (c) confirmed that it has no objection to the Issuer conducting the Program as part of the Normal Course Issuer Bid.

24. The Program will begin at least two clear Trading Days (as defined below) after the issuance of the Press Release (as

defined below) and will terminate on the earlier of April 27, 2017 and the date on which the Issuer will have purchased the Program Maximum under the Program (the “Program Term”). Neither the Issuer nor any of the BMO Entities may

unilaterally terminate the Program Agreement during the Program Term, except in the case of an event of default by a party thereunder.

25. The Issuer will issue a press release that has been pre-cleared by the TSX that describes the material features of the

Program and discloses the Issuer’s intention to participate in the Program during the Normal Course Issuer Bid (the “Press Release”).

26. The Program Maximum, together with the maximum number of Common Shares that will be purchased pursuant to the

BMO Program, is less than the number of Common Shares remaining that the Issuer is entitled to acquire under the Normal Course Issuer Bid.

27. The Program Term will not include a Blackout Period. In the event that a Blackout Period should arise during the

Program Term, purchasing under the Program will cease immediately and will not recommence until following the expiration of the Blackout Period.

28. During the Program Term, BNBI will purchase Common Shares on the applicable Trading Day (as defined below) in

accordance with instructions received by BNBI from the Issuer prior to the opening of trading on such day, which


April 13, 2017

(2017), 40 OSCB 3390

instructions will be the same instructions that the Issuer would have given to the Responsible Broker if the Issuer was conducting the Normal Course Issuer Bid in reliance on the Exemptions.

29. The Issuer will not give purchase instructions in respect of the Program to BNBI at any time that the Issuer is aware of

Undisclosed Information (as defined below). 30. All Common Shares acquired for the purposes of the Program by BNBI on a day during the Program Term on which

Canadian Markets are open for trading (each, a “Trading Day”) must be acquired on Canadian Markets in accordance

with the TSX NCIB Rules and any by-laws, rules, regulations or policies of any Canadian Markets upon which purchases are carried out (collectively, the “NCIB Rules”) that would be applicable to the Issuer in connection with the

Normal Course Issuer Bid, provided that:

(a) the aggregate number of Common Shares to be acquired on Canadian Markets by BNBI on each Trading Day shall not exceed the maximum daily limit that is imposed upon the Normal Course Issuer Bid pursuant to the TSX NCIB Rules, determined with reference to an average daily trading volume that is based on the trading volume of the Common Shares on all Canadian Markets (being 185,000 Common Shares) rather than being limited to the trading volume on the TSX only (the “Modified Maximum Daily Limit”), it being understood that

the aggregate number of Common Shares to be acquired on the TSX by BNBI on any given Trading Day shall not exceed the maximum daily limit that is imposed on the Normal Course Issuer Bid pursuant to the TSX NCIB Rules (being 119,304 Common Shares); and

(b) notwithstanding the block purchase exception provided for in the TSX NCIB Rules, no purchases will be made

by BNBI on any Canadian Markets pursuant to a pre-arranged trade. 31. The aggregate number of Common Shares acquired by BNBI in connection with the Program:

(a) shall not exceed the Program Maximum; and (b) on Canadian Other Published Markets, shall not exceed that number of Common Shares remaining eligible for

purchase by the Issuer pursuant to the Other Published Markets Exemption, calculated as at the date of the Program Agreement.

32. On every Trading Day, BNBI will purchase the Number of Common Shares. The “Number of Common Shares” will

be no greater than the least of:

(a) the maximum number of Common Shares established in the instructions received by BNBI from the Issuer prior to the opening of trading on such day;

(b) the Program Maximum less the aggregate number of Common Shares previously purchased by BNBI under

the Program; (c) the number of Common Shares actually acquired up to the time that trading on the TSX in respect of a

Trading Day has been suspended or any other event occurs that would impair BNBI’s ability to acquire Common Shares on Canadian Markets (a “Market Disruption Event”); and

(d) the Modified Maximum Daily Limit.

33. The “Discounted Price” per Common Share will be equal to (i) the volume weighted average price of the Common

Shares on the Canadian Markets on the Trading Day on which purchases were made for the period starting at 9:31 a.m. ending prior to 3:30 p.m. (Toronto time) (excluding blocks of 10,000 or more shares and any trade above the maximum price established in the instructions received by BNBI from the Issuer prior to the opening of trading on such day) less an agreed upon discount, or (ii) upon the occurrence of a Market Disruption Event, the volume weighted average price of the Common Shares on the TSX from 9:31 a.m. (Toronto time) up to the time the Market Disruption Event occurred (subject to the same exclusions) less an agreed upon discount.

34. BNBI will deliver to the Issuer that number of Inventory Shares equal to the number of Common Shares purchased by

BNBI on a Trading Day under the Program on the Trading Day immediately thereafter (or such other Trading Day as agreed to between the parties to the Program Agreement), and the Issuer will pay BNBI a purchase price equal to the Discounted Price for each such Inventory Share. Each Inventory Share purchased by the Issuer under the Program will be cancelled upon delivery to the Issuer.

35. BNBI will not sell any Inventory Shares to the Issuer unless BNBI has purchased the equivalent number of Common

Shares on Canadian Markets under the Program. The number of Common Shares that are purchased by BNBI on


April 13, 2017

(2017), 40 OSCB 3391

Canadian Markets under the Program on a Trading Day will be equal to the Number of Common Shares for such Trading Day. BNBI will provide the Issuer with a daily written report of BNBI’s purchases, which report will indicate, inter alia, the purchase price and settlement date for the sale by BNBI to the Issuer of the corresponding Inventory Shares, the aggregate number of Common Shares acquired under the Program, the Canadian Market on which such Common Shares were acquired, and the Modified Maximum Daily Limit.

36. During the Program Term, the Issuer will: (a) not purchase, directly or indirectly, any Common Shares (other than

Inventory Shares purchased under the Program); (b) prohibit the Responsible Broker from acquiring any Common Shares on its behalf; and (c) prohibit the designated broker under the ASPP from acquiring any Common Shares on its behalf.

37. All purchases of Common Shares under the Program will be made by BNBI and neither of the BMO Entities will engage

in any hedging activity in connection with the conduct of the Program. 38. The Issuer will report its purchases of Common Shares under the Program to the TSX in accordance with the TSX

NCIB Rules. In addition, immediately following the completion of the Program, the Issuer will: (a) report the total number of Common Shares acquired under the Program to the TSX and the Commission; and (b) file a notice on the System for Electronic Document Analysis and Retrieval (“SEDAR”) disclosing the number of Common Shares acquired

under the Program and the aggregate dollar amount paid for such Common Shares. 39. The Issuer is of the view that: (a) it will be able to purchase Common Shares from BNBI at a lower price than the price

at which it would be able to purchase an equivalent quantity of Common Shares under the Normal Course Issuer Bid in reliance on the Exemptions; and (b) the purchase of Common Shares pursuant to the Program is in the best interests of the Issuer and constitutes an appropriate use of the Issuer’s funds.

40. The entering into of the Program Agreement has not adversely affected, and the purchase of Common Shares by BNBI

in connection with the Program and the sale of Inventory Shares by BNBI to the Issuer will not adversely affect, the Issuer or the rights of any of the Issuer’s security holders and will not materially affect control of the Issuer.

41. The sale of Inventory Shares to the Issuer by BNBI will not be a “distribution” (as defined in the Act). 42. The Issuer will be able to acquire the Inventory Shares from BNBI without the Issuer being subject to the dealer

registration requirements of the Act. 43. At the time that the Issuer and the BMO Entities entered into the Program Agreement, neither the Issuer, nor any

member of the Trading Products Group of BNBI, nor any personnel of either of the BMO Entities that negotiated the Program Agreement or made, participated in the making of, or provided advice in connection with, the decision to enter into the Program Agreement and sell the Common Shares, were aware of any “material change” or any “material fact” (each as defined in the Act) with respect to the Issuer or the Common Shares that had not been generally disclosed (the “Undisclosed Information”).

44. Each of the BMO Entities:

(a) has policies and procedures in place to ensure that the Program will be conducted in accordance with, among other things, the Program Agreement and this Order, and to preclude those persons responsible for administering the Program from acquiring any Undisclosed Information during the conduct of the Program; and

(b) has (i) ensured that its systems are capable of adhering to, and performing in accordance with, the

requirements of the Program, the Program Agreement and this Order, and (ii) provided all necessary training and taken all necessary actions to ensure that the persons administering and executing the purchases under the Program are aware of, and understand the terms of, the Program Agreement and this Order.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS ORDERED pursuant to section 6.1 of NI 62-104 that the Issuer be exempt from the Issuer Bid Requirements in respect of

the purchase of Inventory Shares from BNBI pursuant to the Program, provided that:

(a) at least two clear Trading Days prior to the commencement of the Program, the Issuer issues the Press Release;

(b) all purchases of Common Shares under the Program are made on Canadian Markets by BNBI, and are:


April 13, 2017

(2017), 40 OSCB 3392

(i) made in accordance with the NCIB Rules applicable to the Normal Course Issuer Bid, as modified by paragraph 30 of this Order;

(ii) taken into account by the Issuer when calculating the maximum annual aggregate limits that are

imposed upon the Normal Course Issuer Bid in accordance with the TSX NCIB Rules, with those Common Shares purchased on Canadian Other Published Markets being taken into account by the Issuer when calculating the maximum aggregate limits that are imposed upon the Issuer in accordance with the Other Published Markets Exemption;

(iii) marked with such designation as would be required by the applicable marketplace and UMIR for

trades made by an agent of the Issuer; and (iv) monitored by the BMO Entities on a continual basis for the purposes of ensuring compliance with the

terms of this Order, NCIB Rules, and applicable securities law; (c) during the Program Term, (i) the Issuer does not purchase, directly or indirectly, any Common Shares (other

than Inventory Shares purchased under the Program), (ii) no Common Shares are purchased on behalf of the Issuer by the Responsible Broker, and (iii) no Common Shares are acquired on behalf of the Issuer by the designated broker under the ASPP;

(d) the number of Inventory Shares transferred by BNBI to the Issuer for purchase under the Program in respect

of a particular Trading Day is equal to the number of Common Shares purchased by BNBI on Canadian Markets under the Program in respect of the Trading Day;

(e) no hedging activity is engaged in by the BMO Entities in connection with the conduct of the Program; (f) at the time that the Filers and BMO entered into the Program Agreement:

(i) the Common Shares were “highly liquid securities”, as that term is defined in section 1.1 of OSC Rule 48-501 and section 1.1 of UMIR; and

(ii) none of the Issuer, any member of the Trading Products Group of BNBI, or any personnel of either of

the BMO Entities that negotiated the Program Agreement or made, participated in the making of, or provided advice in connection with, the decision to enter into the Program Agreement and sell the Common Shares, were aware of any Undisclosed Information;

(g) no purchase instructions in respect of the Program are given by the Issuer to BNBI at any time that the Issuer

is aware of Undisclosed Information; (h) no purchases of Common Shares under the Program will occur during a Blackout Period; (i) the BMO Entities maintain records of all purchases of Common Shares that are made by BNBI pursuant to the

Program, which will be available to the Commission and IIROC upon request; and (j) in addition to reporting its purchases of Common Shares under the Program to the TSX in accordance with

the TSX NCIB Rules, immediately following the completion of the Program, the Issuer will: (i) report the total number of Common Shares acquired under the Program to the TSX and the Commission; and (ii) file a notice on SEDAR disclosing the number of Common Shares acquired under the Program and the aggregate dollar amount paid for such Common Shares.

DATED at Toronto, Ontario, this 10th day of April, 2017.

“Naizam Kanji” Director, Office of Mergers & Acquisitions Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3393

2.2.8 Dollarama Inc. and Bank of Montreal Headnote

Section 6.1 of NI 62-104 – Issuer bid – relief from the requirements applicable to issuer bids in Part 2 of NI 62-104 – issuer proposes to purchase, pursuant to a repurchase program and at a discounted purchase price, up to a specified number of its common shares under its normal course issuer bid from a third party – the third party will abide by the requirements governing normal course issuer bids as though it was the issuer, subject to certain modifications, including that the third party will not make any purchases under the program pursuant to a pre-arranged trade – common shares delivered to the issuer for cancellation will be common shares from the third party's existing inventory – the third party will purchase common shares under the program on the same basis as if the issuer had conducted the bid in reliance on the normal course issuer bid exemptions set out in securities legislation – no adverse economic impact on, or prejudice to, the issuer or its security holders – acquisition of securities exempt from the requirements applicable to issuer bids in Part 2 of NI 62-104 subject to conditions, including that the number of common shares transferred by the third party from its existing inventory to the issuer for purchase under the program be equivalent to the number of common shares that the third party has purchased, or had purchased on its behalf, on Canadian markets. Statutes Cited

National Instrument 62-104 Take-Over Bids and Issuer Bids, Part 2 and s. 6.1.



AND

IN THE MATTER OF DOLLARAMA INC. AND BANK OF MONTREAL

ORDER

(Section 6.1 of National Instrument 62-104)

UPON the application (the “Application”) of Dollarama Inc. (the “Issuer”) and Bank of Montreal (“BMO”, and together with the Issuer, the “Filers”) to the Ontario Securities Commission (the “Commission”) for an order pursuant to section 6.1 of National Instrument 62-104 Take-Over Bids and Issuer Bids (“NI 62-104”) exempting the Issuer from the requirements applicable to

issuer bids in Part 2 of NI 62-104 (the “Issuer Bid Requirements”) in respect of the proposed purchases by the Issuer of up to 237,000 (the “Program Maximum”) of its common shares (the “Common Shares”) from BMO pursuant to a share repurchase program (the “Program”);

AND UPON considering the Application and the recommendation of staff of the Commission;

AND UPON the Issuer having represented to the Commission the matters set out in paragraphs 1 to 4, inclusive, 9 to 20,

inclusive, 22 to 29, inclusive, 34, 36, 38 to 40, inclusive, 42 and 43 as they relate to the Issuer; AND UPON BMO and BMO Nesbitt Burns Inc. (“BNBI”, and together with BMO, the “BMO Entities”) having represented to the

Commission the matters set out in paragraphs 5 to 8, inclusive, 19 to 22, inclusive, 24, 28, 30 to 35, inclusive, 37, 41, 43 and 44 as they relate to the BMO Entities; 1. The Issuer is a corporation governed by the Canada Business Corporations Act (the “CBCA”).

2. The registered and head office of the Issuer is located at 5805 Royalmount Avenue, Montreal, Québec, Canada, H4P

0A1. 3. The Issuer is a reporting issuer in each of the provinces and territories of Canada and the Common Shares are listed

for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “DOL”. The Issuer is not in default of any

requirement of the securities legislation in the jurisdictions in which it is a reporting issuer. 4. The authorized share capital of the Issuer consists of an unlimited number of Common Shares and an unlimited

number of preferred shares issuable in series, of which 114,259,109 Common Shares and no preferred shares were issued and outstanding as of March 27, 2017.


April 13, 2017

(2017), 40 OSCB 3394

5. BMO is a Schedule I bank governed by the Bank Act (Canada). BNBI is a corporation governed by the CBCA. The corporate headquarters of each of the BMO Entities are located in Toronto, Ontario. BNBI is registered as an investment dealer under the securities legislation of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Québec, Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Yukon, the Northwest Territories and Nunavut. It is also registered as: (a) a futures commission merchant under the Commodity Futures Act (Ontario); (b) a derivatives dealer under the Derivatives Act (Québec); and (c) a dealer (futures commission merchant) under The Commodity Futures Act (Manitoba). BNBI is a member of the Investment Industry Regulatory Organization of Canada (“IIROC”) and the Canadian Investor Protection Fund, a participating organization or member of the TSX,

TSX Venture Exchange and Canadian Securities Exchange, and an approved participant of the Bourse de Montréal. 6. BMO does not own, directly or indirectly, more than 5% of the issued and outstanding Common Shares. 7. BMO is the beneficial owner of 237,000 Common Shares, none of which were acquired by, or on behalf of, BMO in

anticipation or contemplation of resale to the Issuer (such Common Shares over which BMO has beneficial ownership, the “Inventory Shares”). All of the Inventory Shares are held by BMO in the Province of Ontario. No Common Shares

were purchased by, or on behalf of, BMO on or after February 21, 2017 being a date more than 30 days prior to the date of the Application, in anticipation or contemplation of a sale of Common Shares by BMO to the Issuer.

8. BMO is at arm’s length to the Issuer and is not an “insider” of the Issuer, or an “associate” of an “insider” of the Issuer,

or an “associate” or “affiliate” of the Issuer, as such terms are defined in the Securities Act (Ontario) (the “Act”). BMO is an “accredited investor” within the meaning of National Instrument 45-106 Prospectus Exemptions.

9. On June 8, 2016, the Issuer announced the renewal of its normal course issuer bid (the “Normal Course Issuer Bid”)

to purchase for cancellation, during the 12-month period beginning on June 17, 2016 and ending on June 16, 2017, up to 5,975,854 issued and outstanding Common Shares, representing approximately 5.0% of the issued and outstanding Common Shares as of the date specified in the Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”),

which was submitted to, and accepted by, the TSX. The Notice specified that purchases made under the Normal Course Issuer Bid are to be conducted through the facilities of the TSX or alternative trading systems, if eligible, or by such other means as may be permitted by the TSX in accordance with sections 628 to 629.3 of Part VI of the TSX Company Manual (the “TSX NCIB Rules”) or a securities regulatory authority, including under automatic trading plans,

and by private agreements under issuer bid exemption orders issued by securities regulatory authorities. On April 7, 2017, the TSX accepted an amendment to the Notice to specify that the Issuer may acquire Common Shares under share repurchase programs pursuant to issuer bid exemption orders issued by securities regulatory authorities.

10. The Normal Course Issuer Bid is being conducted in reliance upon the exemption from the Issuer Bid Requirements set

out in subsection 4.8(2) of NI 62-104 (the “Designated Exchange Exemption”).

11. The Normal Course Issuer Bid is also being conducted in the normal course on published markets other than the TSX

(such other published markets, collectively, the “Other Published Markets”) in reliance upon the exemption from the Issuer Bid Requirements set out in subsection 4.8(3) of NI 62-104 (the “Other Published Markets Exemption”, and together with the Designated Exchange Exemption, the “Exemptions”).

12. Pursuant to the TSX NCIB Rules, the Issuer has appointed RBC Dominion Securities Inc. as its designated broker in

respect of the Normal Course Issuer Bid (the “Responsible Broker”).

13. On June 8, 2016, the Issuer also announced the renewal of its automatic share purchase plan (“ASPP”) to permit the

Issuer to make purchases under the Normal Course Issuer Bid at such times when the Issuer would not be permitted to trade in the Common Shares, including during regularly scheduled quarterly blackout periods and other internal blackout periods (each such time, a “Blackout Period”). The ASPP was pre-cleared by the TSX and complies with the

TSX NCIB Rules and applicable securities laws. The ASPP will not be in effect during the Program Term. 14. To the best of the Issuer’s knowledge, as of March 27, 2017, the “public float” for the Common Shares represented

approximately 92% of all the issued and outstanding Common Shares for purposes of the TSX NCIB Rules. The Common Shares are “highly-liquid securities” within the meaning of section 1.1 of OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions (“OSC Rule 48-501”) and section 1.1 of the Universal Market Integrity Rules (“UMIR”).

15. The Commission granted an order on December 23, 2016 pursuant to section 6.1 of NI 62-104 exempting the Issuer

from the Issuer Bid Requirements in connection with proposed purchases by the Issuer of up to 150,000 Common Shares from The Bank of Nova Scotia pursuant to one or more private agreements (the “BNS Order”). The Issuer

completed the purchase of 150,000 Common Shares under the BNS Order on January 4, 2017.


April 13, 2017

(2017), 40 OSCB 3395

16. The Autorité des marchés financiers granted an order on December 28, 2016 pursuant to section 6.1 of NI 62-104 and section 263 of the Securities Act (Québec) exempting the Issuer from the Issuer Bid Requirements in connection with

proposed purchases by the Issuer of up to 150,000 Common Shares from National Bank of Canada pursuant to one or more private agreements (the “NBC Order”, and together with the BNS Order, the “Off-Exchange Block Purchases”).

The Issuer completed the purchase of 150,000 Common Shares under the NBC Order on January 3, 2017. 17. The Commission granted an order on January 10, 2017 pursuant to section 6.1 of NI 62-104 exempting the Issuer from

the Issuer Bid Requirements in connection with proposed purchases by the Issuer of up to 1,123,000 Common Shares from the Canadian Imperial Bank of Commerce (the “CIBC Order”) pursuant to a share repurchase program. The

Issuer completed the purchase of 1,120,040 Common Shares under the CIBC Order on March 13, 2017, and such program was terminated on that date.

18. As at the close of business on April 5, 2017, the Issuer had repurchased for cancellation a total of 5,080,162 Common

Shares under the Normal Course Issuer Bid, including 300,000 Common Shares pursuant to Off-Exchange Block Purchases and 1,120,040 Common Shares pursuant to the CIBC Order.

19. Concurrently with the Application, the Issuer has filed an additional application with the Commission for exemptive relief

from the Issuer Bid Requirements in connection with the proposed purchase by the Issuer of up to 658,000 Common Shares from BNBI pursuant to a share repurchase program (the “BNBI Program”). The BNBI Program will begin on or

after April 13, 2017 and will terminate on the earlier of April 27, 2017 and the date on which the Issuer will have purchased 658,000 Common Shares from BNBI under the BNBI Program.

20. The Filers wish to participate in the Program during, and as part of, the Normal Course Issuer Bid to enable the Issuer

to purchase from BMO, and for BMO to sell to the Issuer, that number of Common Shares equal to the Program Maximum.

21. Pursuant to the terms of the Program Agreement (as defined below), BNBI has been retained by BMO to acquire

Common Shares through the facilities of the TSX and on Other Published Markets in Canada (each, a “Canadian Other Published Market” and collectively with the TSX, the “Canadian Markets”) under the Program. No Common

Shares will be acquired under the Program on any Other Published Markets other than Canadian Other Published Markets.

22. The Program will be governed by, and conducted in accordance with, the terms and conditions of a Repurchase

Program Agreement that was entered into on March 21, 2017 among the Filers and BNBI, as amended by an amended and restated Repurchase Program Agreement dated April 7, 2017 (the “Program Agreement”). A copy of the

Program Agreement has been provided by the Filers to the Commission. 23. The TSX has: (a) been advised of the Issuer’s intention to enter into the Program; (b) been provided with a copy of the

Program Agreement and a draft of the Press Release (as defined below); and (c) confirmed that it has no objection to the Issuer conducting the Program as part of the Normal Course Issuer Bid.

24. The Program will begin on the Trading Day (as defined below) following the completion or termination of the BNBI

Program, and will terminate on the earlier of April 27, 2017 and the date on which the Issuer will have purchased the Program Maximum under the Program (the “Program Term”). Neither the Issuer nor any of the BMO Entities may

unilaterally terminate the Program Agreement during the Program Term, except in the case of an event of default by a party thereunder.

25. The Issuer will issue a press release that has been pre-cleared by the TSX that describes the material features of the

Program and discloses the Issuer’s intention to participate in the Program during the Normal Course Issuer Bid (the “Press Release”).

26. The Program Maximum, together with the maximum number of Common Shares that will be purchased pursuant to the

BNBI Program, is less than the number of Common Shares remaining that the Issuer is entitled to acquire under the Normal Course Issuer Bid.

27. The Program Term will not include a Blackout Period. In the event that a Blackout Period should arise during the

Program Term, purchasing under the Program will cease immediately and will not recommence until following the expiration of the Blackout Period.

28. During the Program Term, BNBI will purchase Common Shares on the applicable Trading Day (as defined below) in

accordance with instructions received by BNBI from the Issuer prior to the opening of trading on such day, which instructions will be the same instructions that the Issuer would have given to the Responsible Broker if the Issuer was conducting the Normal Course Issuer Bid in reliance on the Exemptions.


April 13, 2017

(2017), 40 OSCB 3396

29. The Issuer will not give purchase instructions in respect of the Program to BNBI at any time that the Issuer is aware of Undisclosed Information (as defined below).

30. All Common Shares acquired for the purposes of the Program by BNBI on a day during the Program Term on which

Canadian Markets are open for trading (each, a “Trading Day”) must be acquired on Canadian Markets in accordance

with the TSX NCIB Rules and any by-laws, rules, regulations or policies of any Canadian Markets upon which purchases are carried out (collectively, the “NCIB Rules”) that would be applicable to the Issuer in connection with the

Normal Course Issuer Bid, provided that:

(a) the aggregate number of Common Shares to be acquired on Canadian Markets by BNBI on each Trading Day shall not exceed the maximum daily limit that is imposed upon the Normal Course Issuer Bid pursuant to the TSX NCIB Rules, determined with reference to an average daily trading volume that is based on the trading volume of the Common Shares on all Canadian Markets (being 185,000 Common Shares) rather than being limited to the trading volume on the TSX only (the “Modified Maximum Daily Limit”), it being understood that

the aggregate number of Common Shares to be acquired on the TSX by BNBI on any given Trading Day shall not exceed the maximum daily limit that is imposed on the Normal Course Issuer Bid pursuant to the TSX NCIB Rules (being 119,304 Common Shares); and

(b) notwithstanding the block purchase exception provided for in the TSX NCIB Rules, no purchases will be made

by BNBI on any Canadian Markets pursuant to a pre-arranged trade. 31. The aggregate number of Common Shares acquired by BNBI in connection with the Program:

(a) shall not exceed the Program Maximum; and (b) on Canadian Other Published Markets, shall not exceed that number of Common Shares remaining eligible for

purchase by the Issuer pursuant to the Other Published Markets Exemption, calculated as at the date of the Program Agreement.

32. On every Trading Day, BNBI will purchase the Number of Common Shares. The “Number of Common Shares” will

be no greater than the least of:

(a) the maximum number of Common Shares established in the instructions received by BNBI from the Issuer prior to the opening of trading on such day;

(b) the Program Maximum less the aggregate number of Common Shares previously purchased by BNBI under

the Program; (c) the number of Common Shares actually acquired up to the time that trading on the TSX in respect of a

Trading Day has been suspended or any other event occurs that would impair BNBI’s ability to acquire Common Shares on Canadian Markets (a “Market Disruption Event”); and

(d) the Modified Maximum Daily Limit.

33. The “Discounted Price” per Common Share will be equal to (i) the volume weighted average price of the Common

Shares on the Canadian Markets on the Trading Day on which purchases were made for the period starting at 9:31 a.m. ending prior to 3:30 p.m. (Toronto time) (excluding blocks of 10,000 or more shares and any trade above the maximum price established in the instructions received by BNBI from the Issuer prior to the opening of trading on such day) less an agreed upon discount, or (ii) upon the occurrence of a Market Disruption Event, the volume weighted average price of the Common Shares on the TSX from 9:31 a.m. (Toronto time) up to the time the Market Disruption Event occurred (subject to the same exclusions) less an agreed upon discount.

34. BMO will deliver to the Issuer that number of Inventory Shares equal to the number of Common Shares purchased by

BNBI on a Trading Day under the Program on the Trading Day immediately thereafter (or such other Trading Day as agreed to between the parties to the Program Agreement), and the Issuer will pay BMO a purchase price equal to the Discounted Price for each such Inventory Share. Each Inventory Share purchased by the Issuer under the Program will be cancelled upon delivery to the Issuer.

35. BMO will not sell any Inventory Shares to the Issuer unless BNBI has purchased the equivalent number of Common

Shares on Canadian Markets under the Program. The number of Common Shares that are purchased by BNBI on Canadian Markets under the Program on a Trading Day will be equal to the Number of Common Shares for such Trading Day. BNBI will provide the Issuer with a daily written report of BNBI’s purchases, which report will indicate, inter alia, the purchase price and settlement date for the sale by BMO to the Issuer of the corresponding Inventory


April 13, 2017

(2017), 40 OSCB 3397

Shares, the aggregate number of Common Shares acquired under the Program, the Canadian Market on which such Common Shares were acquired, and the Modified Maximum Daily Limit.

36. During the Program Term, the Issuer will: (a) not purchase, directly or indirectly, any Common Shares (other than

Inventory Shares purchased under the Program); (b) prohibit the Responsible Broker from acquiring any Common Shares on its behalf; and (c) prohibit the designated broker under the ASPP from acquiring any Common Shares on its behalf.

37. All purchases of Common Shares under the Program will be made by BNBI and neither of the BMO Entities will engage

in any hedging activity in connection with the conduct of the Program. 38. The Issuer will report its purchases of Common Shares under the Program to the TSX in accordance with the TSX

NCIB Rules. In addition, immediately following the completion of the Program, the Issuer will: (a) report the total number of Common Shares acquired under the Program to the TSX and the Commission; and (b) file a notice on the System for Electronic Document Analysis and Retrieval (“SEDAR”) disclosing the number of Common Shares acquired

under the Program and the aggregate dollar amount paid for such Common Shares. 39. The Issuer is of the view that: (a) it will be able to purchase Common Shares from BMO at a lower price than the price

at which it would be able to purchase an equivalent quantity of Common Shares under the Normal Course Issuer Bid in reliance on the Exemptions; and (b) the purchase of Common Shares pursuant to the Program is in the best interests of the Issuer and constitutes an appropriate use of the Issuer’s funds.

40. The entering into of the Program Agreement has not adversely affected, and the purchase of Common Shares by BNBI

in connection with the Program and the sale of Inventory Shares by BMO to the Issuer will not adversely affect, the Issuer or the rights of any of the Issuer’s security holders and will not materially affect control of the Issuer.

41. The sale of Inventory Shares to the Issuer by BMO will not be a “distribution” (as defined in the Act). 42. The Issuer will be able to acquire the Inventory Shares from BMO without the Issuer being subject to the dealer

registration requirements of the Act. 43. At the time that the Issuer and the BMO Entities entered into the Program Agreement, neither the Issuer, nor any

member of the Trading Products Group of BMO, nor any personnel of either of the BMO Entities that negotiated the Program Agreement or made, participated in the making of, or provided advice in connection with, the decision to enter into the Program Agreement and sell the Common Shares, were aware of any “material change” or any “material fact” (each as defined in the Act) with respect to the Issuer or the Common Shares that had not been generally disclosed (the “Undisclosed Information”).

44. Each of the BMO Entities:

(a) has policies and procedures in place to ensure that the Program will be conducted in accordance with, among other things, the Program Agreement and this Order, and to preclude those persons responsible for administering the Program from acquiring any Undisclosed Information during the conduct of the Program; and

(b) has (i) ensured that its systems are capable of adhering to, and performing in accordance with, the

requirements of the Program, the Program Agreement and this Order, and (ii) provided all necessary training and taken all necessary actions to ensure that the persons administering and executing the purchases under the Program are aware of, and understand the terms of, the Program Agreement and this Order.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS ORDERED pursuant to section 6.1 of NI 62-104 that the Issuer be exempt from the Issuer Bid Requirements in respect of

the purchase of Inventory Shares from BMO pursuant to the Program, provided that:

(a) at least two clear Trading Days prior to the commencement of the Program, the Issuer issues the Press Release;

(b) all purchases of Common Shares under the Program are made on Canadian Markets by BNBI, and are:

(i) made in accordance with the NCIB Rules applicable to the Normal Course Issuer Bid, as modified by paragraph 30 of this Order;


April 13, 2017

(2017), 40 OSCB 3398

(ii) taken into account by the Issuer when calculating the maximum annual aggregate limits that are imposed upon the Normal Course Issuer Bid in accordance with the TSX NCIB Rules, with those Common Shares purchased on Canadian Other Published Markets being taken into account by the Issuer when calculating the maximum aggregate limits that are imposed upon the Issuer in accordance with the Other Published Markets Exemption;

(iii) marked with such designation as would be required by the applicable marketplace and UMIR for

trades made by an agent of the Issuer; and (iv) monitored by the BMO Entities on a continual basis for the purposes of ensuring compliance with the

terms of this Order, NCIB Rules, and applicable securities law; (c) during the Program Term, (i) the Issuer does not purchase, directly or indirectly, any Common Shares (other

than Inventory Shares purchased under the Program), (ii) no Common Shares are purchased on behalf of the Issuer by the Responsible Broker, and (iii) no Common Shares are acquired on behalf of the Issuer by the designated broker under the ASPP;

(d) the number of Inventory Shares transferred by BMO to the Issuer for purchase under the Program in respect

of a particular Trading Day is equal to the number of Common Shares purchased by BNBI on Canadian Markets under the Program in respect of the Trading Day;

(e) no hedging activity is engaged in by the BMO Entities in connection with the conduct of the Program; (f) at the time that the Filers and BNBI entered into the Program Agreement:

(i) the Common Shares were “highly liquid securities”, as that term is defined in section 1.1 of OSC Rule 48-501 and section 1.1 of UMIR; and

(ii) none of the Issuer, any member of the Trading Products Group of BMO, or any personnel of either of

the BMO Entities that negotiated the Program Agreement or made, participated in the making of, or provided advice in connection with, the decision to enter into the Program Agreement and sell the Common Shares, were aware of any Undisclosed Information;

(g) no purchase instructions in respect of the Program are given by the Issuer to BNBI at any time that the Issuer

is aware of Undisclosed Information; (h) no purchases of Common Shares under the Program will occur during a Blackout Period; (i) the BMO Entities maintain records of all purchases of Common Shares that are made by BNBI pursuant to the

Program, which will be available to the Commission and IIROC upon request; and (j) in addition to reporting its purchases of Common Shares under the Program to the TSX in accordance with

the TSX NCIB Rules, immediately following the completion of the Program, the Issuer will: (i) report the total number of Common Shares acquired under the Program to the TSX and the Commission; and (ii) file a notice on SEDAR disclosing the number of Common Shares acquired under the Program and the aggregate dollar amount paid for such Common Shares.

DATED at Toronto, Ontario, this 10th day of April, 2017.

“Naizam Kanji” Director, Office of Mergers & Acquisitions Ontario Securities Commission


April 13, 2017

(2017), 40 OSCB 3399

2.3 Orders with Related Settlement Agreements 2.3.1 Sentry Investments Inc. and Sean Driscoll – ss. 127(1), 127.1



AND

IN THE MATTER OF SENTRY INVESTMENTS INC. and

SEAN DRISCOLL

ORDER (Subsections 127(1) and 127.1)

WHEREAS:

1. on March 31, 2017, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to

subsections 127(1) and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), in connection with the allegations set out in the Statement of Allegations of Staff of the Commission (“Staff”) dated March 31, 2017 (the “Statement of Allegations”), to consider whether it is in the public interest to make orders, as specified therein, against and in respect of Sentry Investments Inc. (“Sentry”) and Sean Driscoll (“Driscoll”) (collectively the “Respondents”);

2. the Respondents and Staff have entered into a Settlement Agreement dated March 31, 2017 (the “Settlement

Agreement”); 3. prior to the Settlement Agreement, Sentry signed an undertaking on February 2nd, 2017 which is attached to this Order

as Schedule “A” (the “Undertaking”) in order to begin taking immediate corrective action in relation to certain compliance issues;

4. pursuant to the Undertaking, Sentry has entered into an agreement (the “Agreement”) with a consultant (the

“Consultant”), namely, PricewaterhouseCoopers LLP, that was approved by a Manager in the Compliance & Registrant Regulation Branch of the Commission (the “OSC Manager”), to examine, among other areas, Sentry’s sales practice system, with a view to making recommendations to be included in a plan to be submitted to the OSC Manager no later than 90 days from the date of the Undertaking for review and approval by the OSC Manager (the “Plan”);

5. Sentry Investments Corp. (“SIC”) owns all of the voting shares of Sentry and all of the voting shares of SIC are owned

by Petro Assets Inc., whose shares are owned by the Driscoll family; 6. the Respondents have represented to the Commission that Petro Assets Inc. has no direct involvement in the

supervision or daily operations of Sentry or SIC; 7. the individual who controls the voting of all the shares of Petro Assets Inc. has signed an undertaking to the

Commission that for so long as he exercises direct or indirect control over at least 51% of the voting shares of SIC, he shall ensure that a majority of the directors of SIC are independent of management of Sentry and not members of the Driscoll family;

8. Sentry has confirmed receipt of a reparation payment of $100,000 from Driscoll; 9. this Order may form the basis for parallel orders in other jurisdictions in Canada; 10. the Commission has reviewed the Settlement Agreement, the Notice of Hearing, and the Statement of Allegations, and

heard submissions from counsel for the Respondents and from Staff; and 11. the Commission is of the opinion that it is in the public interest to make this Order; IT IS ORDERED THAT:

1. the Settlement Agreement is approved; 2. the Respondents are reprimanded, pursuant to paragraph 6 of subsection 127(1) of the Act;


April 13, 2017

(2017), 40 OSCB 3400

3. Sentry shall

a. continue to submit to a review of its practices and procedures in accordance with the terms set out in the Undertaking attached hereto as Schedule “A” and shall refrain from hosting a Mutual Fund Sponsored Conference, without approval of the Consultant that is reported to the OSC Manager, until the OSC Manager has communicated to Sentry that the OSC Manager is satisfied that the conclusions expressed in the Attestation Letter by the Consultant described in Schedule “A” are valid, pursuant to paragraph 4 of subsection 127(1) of the Act;

b. pay an administrative penalty in the amount of $1,500,000 to the Commission, which amount shall be

designated for allocation or for use by the Commission in accordance with subsections 3.4(2)(b)(i) or (ii) of the Act, pursuant to paragraph 9 of subsection 127(1) of the Act; and

c. pay costs of the Commission’s investigation in the amount of $150,000, pursuant to section 127.1 of

the Act; and

4. Driscoll

a. shall resign all positions that he holds as a director or officer of any investment fund manager (“IFM”) or other registrant and as a director of any affiliate of Sentry, pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act;

b. is prohibited from becoming or acting as a director or officer of SIC or of any IFM or other registrant

or as a director of any affiliate of Sentry for a period of 2 years commencing on the date of the Commission’s order approving this Settlement Agreement, pursuant to paragraphs 8, 8.2 and 8.4 of subsection 127(1) of the Act;

c. is prohibited from becoming or acting as a UDP or CCO of any IFM or other registrant for a period of

5 years commencing on the date of the Commission’s order approving this Settlement Agreement, pursuant to paragraphs 8.2 and 8.4 of subsection 127(1) of the Act;

d. shall successfully complete the PDO Exam and Chief Compliance Officers Qualifying Exam referred

to in section 3.1 of National Instrument 31-103 - Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) as a condition of becoming an officer or director of SIC or of any IFM or other registrant and as a condition for future registration as a UDP; and

e. shall successfully complete the PDO Exam and Chief Compliance Officers Qualifying Exam referred

to in section 3.1 of NI 31-103 and the Osgoode Certificate in Regulatory Compliance and Legal Risk Management for Financial Institutions offered by Osgoode Professional Development as a condition for future registration as a CCO.

DATED at Toronto, this 5th day of April, 2017.

“Philip Anisman”


April 13, 2017

(2017), 40 OSCB 3401

Schedule “A”

Undertaking

WHEREAS an investigation of conduct relating to Sentry Investment Inc.’s (“Sentry”) mutual fund sales practices has been initiated by Staff of the Ontario Securities Commission (the “Commission”) as a result of a compliance review by the Compliance and Registrant Regulation (“CRR”) Branch and is not concluded;

AND WHEREAS a special committee composed of independent directors of the board of directors of Sentry Investments Corp. (the “Special Committee”), the direct shareholder of Sentry, has resolved, inter alia, to retain an independent compliance consultant (“the Consultant”) to review and recommend improvements to certain aspects of Sentry’s internal policies,

procedures, practices and internal controls, and to require the Consultant to report its findings to the Commission; AND WHEREAS Sentry supports and accepts the retention of the Consultant and seeks to take immediate corrective action in

relation to certain compliance issues noted to date; Sentry hereby undertakes that:

1. within 30 days of signing this Undertaking, Sentry will enter into an agreement (the “Agreement”) with a Consultant that has been approved by a Manager in the CRR Branch of the Commission (the “OSC Manager”);

2. the Agreement will provide that the Consultant will examine the areas set out in (i) and (ii) below, with a view

to making recommendations to be included in a plan to be submitted to the OSC Manager no later than 90 days from the date of this Undertaking for review and approval by the OSC Manager (the “Plan”). In

particular, the Consultant will examine:

(i) Sentry’s operations, internal controls, practices, policies and procedures relating to sales practices (the “Sales Practice System”) to ensure that:

a. the Sales Practice System fully complies with applicable law, including National Instrument

81-105 Mutual Fund Sales Practices (“NI 81-105”)and section 11.1 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”);

b. the Sales Practice System is tailored to the specific manner of business conducted by

Sentry and is consistent with prudent business practices and best industry standards; c. Sentry’s staff are required to report any misconduct or non-compliance in a timely manner

and that there is an appropriate escalation process in place to ensure that Sentry’s senior management, its board of directors and the board of directors of Sentry Investments Corp., can adequately oversee Sentry’s activities in respect of the Sales Practice System;

d. the Sales Practice System is designed to identify any non-compliance at an early stage and

to allow for correction of the conduct in a timely manner; and e. all applicable Sentry staff are trained on business promotion matters (including Sentry’s

Ultimate Designated Person and members of Sentry’s executive team) to ensure compliance with applicable laws related to the Sales Practice System, including NI 81-105;

(ii) Sentry’s operations, internal controls, practices, policies and procedures relating to the daily

operation of Sentry’s Investment Funds to ensure that Sentry’s Transfer Agent, Fund Accounting, Trust Accounting, Portfolio Management and Independent Review Committee functions, fully comply with applicable laws, including section 11.1 of NI 31-103;

3. the Agreement will also provide that the Consultant will:

(i) include in the Plan, a description of the review performed, the results of the review, and the Consultant’s recommendations for any changes or improvements that the Consultant reasonably deems necessary to conform with 2 (i) to (ii) above;


April 13, 2017

(2017), 40 OSCB 3402

(ii) assist Sentry in the implementation of the Plan including assisting Sentry and Sentry’s counsel, in the preparation of policies, procedures and/or training materials, or in amending existing policies, procedures and/or training materials to ensure compliance with 2(i) and (ii) above;

(iii) submit written progress reports (“Progress Report”) to the OSC Manager, every 90 days

commencing 90 days after the approval of the Plan by the OSC Manager, detailing Sentry’s progress with respect to the implementation of the Plan and stating whether the specific recommendations included in the Plan have been implemented and, if not, the expected date of completion and person(s) responsible for the implementation. The Consultant shall submit Progress Reports until the Plan has been fully implemented to the satisfaction of the OSC Manager;

(iv) submit, within 12 months of receiving confirmation from the OSC Manager that the Plan has been

fully implemented (the “Confirmation Date”), a letter (the “Attestation Letter”), expressing his or her

conclusions on whether the revised policies and procedures and internal controls set out in the Plan were working appropriately and adequately followed, administered and enforced by Sentry for the 9 month period commencing from the Confirmation Date;

(v) Include a report with the Attestation Letter which provides a description of the testing performed to

support the conclusions contained in the Attestation Letter; and (vi) submit such additional reports as may be requested by the OSC Manager for the purpose of

satisfying the OSC Manager that the conclusions expressed in the Attestation Letter described above is valid.

4. the Plan and the Progress Reports will be reviewed and approved by the Special Committee and signed by a

representative of the Special Committee as evidence of its review and approval; 5. Sentry shall provide the Consultant with reasonable access to all of Sentry’s books and records necessary to

complete the Consultant’s mandate and will allow the Consultant to meet privately with Sentry’s officers, directors and employees. Sentry shall require its officers, directors and employees to cooperate fully with the Consultant with respect to the Consultant’s work and with respect to the implementation of the Plan or any of its specific recommendations; and

6. Sentry shall immediately submit to the Commission a direction giving consent for unrestricted access by Staff

of the Commission to communicate with the Consultant regarding the Consultant’s work and Sentry’s progress with respect to the implementation of the Plan or any or its specific recommendations.


April 13, 2017

(2017), 40 OSCB 3403



AND

IN THE MATTER OF SENTRY INVESTMENTS INC. and

SEAN DRISCOLL

AND

IN THE MATTER OF A SETTLEMENT AGREEMENT BETWEEN

STAFF OF THE ONTARIO SECURITIES COMMISSION

AND


SETTLEMENT AGREEMENT

PART I - INTRODUCTION

1. The Ontario Securities Commission (the “Commission”) will issue a Notice of Hearing to announce that it will hold a

hearing to consider whether, pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S-5, as

amended (the “Act”), it is in the public interest for the Commission to make certain orders in respect of Sentry Investments Inc. (“Sentry”) and Sean Driscoll (“Driscoll”) (collectively, the “Respondents”).

2. Investment fund managers (“IFMs”) are prohibited from making a payment of money or providing a non-monetary

benefit to a dealing representative (“DR”) in connection with the distribution of securities, except in certain permitted circumstances under Parts 3 and 5 of National Instrument 81-105 Mutual Fund Sales Practices (“NI 81-105”). The Companion Policy to NI 81-105 provides that NI 81-105 was adopted in order to discourage sales practices and compensation arrangements that could be perceived as inducing dealers and their representatives to sell mutual fund securities on the basis of incentives they were receiving rather than on the basis of what was suitable for and in the best interests of their clients. The purpose of NI 81-105 is to provide a minimum standard of conduct to ensure that investor interests remain uppermost in the actions of mutual fund industry participants when they are distributing mutual fund securities and that conflicts of interest arising from sales practices and compensation arrangements are minimized.

3. Sentry is registered with the Commission as, among other things, an IFM. Sentry’s investment fund products (“Sentry

Products”) are distributed to investors by DRs registered with third party dealers (“Participating Dealers”). 4. As summarized below, between January 2011 and November 2016, in the case of Sentry, and between April 20, 2015

and September 12, 2016, in the case of Driscoll, Sentry and Driscoll failed to comply with NI 81-105 and failed to meet the minimum standards of conduct expected of industry participants in relation to certain sales practices. In addition, Sentry did not have adequate systems of controls and supervision in place around its sales practices to ensure compliance with NI 81-105 and Sentry did not maintain adequate books, records and other documents to demonstrate Sentry’s compliance with NI 81-105.

5. In September 2015, Sentry held a mutual fund conference in Beverly Hills, California that did not comply with NI 81-105

(the “Sentry Conference”). Sentry provided excessive non-monetary benefits to DRs attending the Sentry Conference including hosting a party for DRs and their guests (collectively, the “Participants”) at a mansion in Beverly Hills (the “BH Mansion Party”) involving dinner, an open bar and various forms of entertainment at a cost to Sentry of over $1,000 USD per DR attending alone or over $2,000 USD per DR attending with a guest. DRs were also given gifts of Dom Perignon and Participants received jewellery from Tiffany & Co. (“Tiffany’s”). Participants were also provided with the option of playing 18 holes of golf on the first day of the conference at Sentry’s expense, and, on another day, with the choice of one of several afternoon activities including: a tour of a movie studio at Sentry’s expense, a wine tasting tour at Sentry’s expense or attending a free taping of a TV show. When the taping of the TV show was no longer available for the 12 DRs who arrived late for the event, a helicopter tour at Sentry’s expense was substituted.


April 13, 2017

(2017), 40 OSCB 3404

6. Since 2011, Sentry has failed to comply with NI 81-105 in relation to its annual spending on DRs on promotional gifts and business promotion activities (“Annual DR Spending”) in a number of respects and has provided excessive annual non-monetary benefits to some DRs. In some limited instances, Sentry spent more than $4,000 per DR per year. Sentry has also provided excessive non-monetary benefits to DRs for one-time events such as concerts, hockey, baseball and basketball games, including playoff games and other sporting events. In several instances, the cost of these non-monetary benefits to Sentry exceeded $1,000 per DR per event. In addition, Sentry provided excessive non-monetary benefits in the form of purchasing tables for DRs at charity events. In 2012, Sentry paid $6,000 in relation to a charity event which was allocated entirely to a DR who, as set out in paragraph 7 below, also received tickets to an event at a cost to Sentry of over $12,000 in 2015 and over $15,000 in 2016. In addition, on occasion, Sentry provided excessive gifts to some DRs valued at over $200 including Christmas, birthday and baby gifts.

7. In each of 2015 and 2016, in response to requests by a DR to source Montreal Grand Prix Formula 1 race tickets (the

“Montreal F1 Tickets”), Driscoll, Sentry’s former Ultimate Designed Person (“UDP”), gifted the Montreal F1 Tickets to the DR at a cost of $12,495.29 in 2015 (the “2015 Montreal F1 Tickets”) and $15,935.38 in 2016 (the “2016 Montreal F1 Tickets”). The DR in question was considered by Sentry to be one of its top ranking DRs based on the amount of Sentry assets held by the DR’s clients. A Sentry representative did not attend these events with the DR.

8. In April 2015, Driscoll charged the cost of the 2015 Montreal F1 Tickets to Sentry. In April 2016, Driscoll personally paid

for the 2016 Montreal F1 Tickets and then obtained a reimbursement from Sentry at a time when he was aware that staff of the Compliance and Registrant Regulation Branch (“CRR Staff”) of the Commission was inquiring into Sentry’s spending on DRs. In July 2016, after Driscoll became aware that the CRR review had been referred to the Enforcement Branch of the Commission (the “Enforcement Branch”), Driscoll reimbursed Sentry for the cost of the 2016 Montreal F1 Tickets. On September 9, 2016, staff of the Enforcement Branch (“Staff”) served Sentry with a summons requiring it to provide details of its spending in 2015 on certain DRs including the DR who received the 2015 Montreal F1 Tickets. Two days later, Driscoll sought and obtained a reimbursement of $28,000 from the DR on account of the 2015 and 2016 Montreal F1 Tickets and shortly thereafter, he reported his conduct to Sentry’s executive team and Sentry’s board of directors. Driscoll’s discussions with the former CCO of Sentry concerning the proposed purchase and reimbursement of the cost of the 2016 Montreal F1 Tickets are described in paragraph 82 below.

9. On September 15, 2016, Driscoll advised the board of directors of Sentry Investment Corp. (“SIC”), Sentry’s parent

company, about the purchase of the Montreal F1 Tickets, whereupon SIC, with the support of Sentry’s board of directors, created a special committee comprised of the independent directors of SIC (the “Special Committee”) to investigate the Montreal F1 Tickets and the Sentry Conference. The Special Committee promptly provided its detailed findings to Staff. In November 2016, Sentry, with the support of Driscoll, began taking corrective action including in response to the findings and recommendations of the Special Committee.

10. On October 24, 2016, Driscoll advised the Special Committee of his desire to resign as Chief Executive Officer (“CEO”)

and UDP of Sentry, with his resignation to take effect on a date to be determined in conjunction with the Special Committee. Thereafter, Driscoll’s resignation was accepted and, on December 22, 2016, a new UDP was registered with the Commission.

PART II – JOINT SETTLEMENT RECOMMENDATION

11. Staff agree to recommend settlement of the proceeding commenced by the Notice of Hearing dated March 31, 2017

(the “Proceeding”) against the Respondents according to the terms and conditions set out in Part VI of this Settlement Agreement (the “Settlement Agreement”). The Respondents agree to the making of an order in the form attached as Schedule “B” (the “Order”), based on the facts set out below.

12. For the purposes of this Proceeding, and any other regulatory proceeding commenced by a securities regulatory

authority, the Respondents agree with the facts as set out in Parts III and IV and the conclusions set out in Part V of this Settlement Agreement.

PART III – AGREED FACTS A. The Respondents

13. Through predecessor entities, Sentry has been a mutual fund manager since 1997. Sentry was incorporated on May 5,

2008 under Sentry Select Capital Inc., which name was changed to Sentry Investments Inc. on May 27, 2011. Since December 8, 2008, Sentry has been registered with the Commission as a Mutual Fund Dealer, Portfolio Manager and Commodity Trading Manager. Sentry has been registered as an IFM since December 17, 2010 and as an Exempt Market Dealer since April 19, 2013.


April 13, 2017

(2017), 40 OSCB 3405

14. Driscoll was registered as Sentry’s UDP from January 29, 2013 to December 22, 2016. The relevant period for the conduct referred to below is January 2011 to November 2016. Driscoll was Sentry’s UDP for only part of that period.

B. The Legislative Framework

15. Subsection 2.1(1) of NI 81-105 states, among other things, that no member of the organization of a mutual fund shall,

in connection with the distribution of securities of the mutual fund:

a. make a payment of money to a Participating Dealer or a DR; b. provide a non-monetary benefit to a Participating Dealer or a DR; or c. pay for or make reimbursement of a cost or expense incurred or to be incurred by a Participating Dealer or

DR. 16. Pursuant to section 1.1 of NI 81-105, a “member of the organization” referred to in subsection 2.1(1) includes an IFM

(the “Member”). 17. Subsection 2.1(2) of NI 81-105 provides the following exceptions to subsection 2.1(1) and allows a Member to:

a. make a payment of money or provide a non-monetary benefit to a Participating Dealer, or pay for or make reimbursement of a cost or expense incurred or to be incurred by a Participating Dealer or DR, if permitted by Part 3 or 5 of NI 81-105; and

b. provide a non-monetary benefit to a DR, if permitted by Part 5 of NI 81-105.

18. Part 5 of NI 81-105 deals with “Marketing and Educational Practices” and section 5.2 allows a Member to provide a

non-monetary benefit to a DR by allowing the DR to attend a conference organized and presented by the Member (a “Mutual Fund Sponsored Conference”) provided that:

a. The primary purpose of the conference is the provision of educational information about financial planning,

investing in securities, mutual fund industry matters, the mutual fund, the mutual fund family of which the mutual fund is a member or mutual funds generally (“Permitted Topics”);

b. The selection of the DRs to attend the conference is made exclusively by the Participating Dealer,

uninfluenced by any Member; c. The conference is held in Canada, the US or in the location where the portfolio adviser of the mutual fund

carries on business (provided certain conditions are met); d. No Member pays any travel, accommodation or personal incidental expenses associated with the attendance

of the DR at the conference; and e. The costs relating to the organization and presentation of the conference are reasonable having regard to the

purpose of the conference.

19. In addition, section 5.6 of NI 81-105 allows a Member to provide DRs with non-monetary benefits of a promotional nature and of minimal value, and to engage in business promotion activities that result in a DR receiving a non-monetary benefit if, among other things, the provision of the benefits and activities is neither so extensive nor so frequent as to cause a reasonable person to question whether the provision of the benefits or activities improperly influence the investment advice given by the DR to his or her clients.

C. The Sentry Conference

20. The Sentry Conference was held in Beverly Hills, California at the Beverly Wilshire Hotel from September 27, 2015 to

September 30, 2015. This was the first Mutual Fund Sponsored Conference that Sentry had hosted. The provision of education on Permitted Topics was part of the program for the Sentry Conference.

21. The Sentry Conference did not comply with section 5.2 of NI 81-105 in the following respects:

a. The primary purpose of the Sentry Conference was not the provision of Permitted Topics contrary to subsection 5.2(a) of NI 81-105;


April 13, 2017

(2017), 40 OSCB 3406

b. Sentry, rather than the Participating Dealers, selected the DRs to attend the Sentry Conference contrary to subsection 5.2(b) of NI 81-105;

c. The costs relating to the organization and presentation of the Sentry Conference were not reasonable having

regard to the purpose of the Sentry Conference contrary to subsection 5.2(e) of NI 81-105; and d. Sentry paid for some of the DRs’ travel, accommodation, and personal incidental expenses associated with

the DRs’ attendance at the Sentry Conference contrary to subsection 5.2(d) of NI 81-105. (i) Primary purpose of the Sentry Conference

22. The Sentry Conference was referred to by Sentry as its “due diligence” conference. However, the primary purpose of

the Sentry Conference was not the provision of Permitted Topics as an insufficient amount of time was spent on the provision of Permitted Topics compared to the time spent on non-permitted topics and recreational activities. In particular during the period Sunday, September 27, 2015 to Wednesday, September 30, 2015:

a. Participants were invited to play and some played a round of 18 holes of golf between 8:15 am and 3 pm on

the Sunday followed by a reception that evening from 5:30 pm to 9:30 pm; b. educational activities, including Permitted Topics sessions, were offered from 8:15 am to 3:30 pm on the

Monday (excluding 1 hour and 30 minutes for lunch and breaks) and from 8:40 am to 11:45 am on the Tuesday (excluding a 15 minute break);

c. dinner and recreational activities were offered on the Monday evening commencing at 6:45 pm and, on the

Tuesday afternoon, commencing at 12:45 pm for the afternoon activities and 6:30 pm for the evening activities; and

d. the only event taking place on the Wednesday prior to the Participants’ departure was a breakfast at the hotel.

23. Sentry did not comply with subsection 5.2(a) of NI 81-105 since the time spent on dinners and recreational activities

exceeded the time spent on Permitted Topics and therefore the primary purpose test was not met. As a result, the provision of non-monetary benefits by Sentry to DRs at the Sentry Conference breached section 2.1 of NI 81-105.

(ii) Sentry selected the DRs who attended the Sentry Conference 24. In advance of the Sentry Conference, Sentry contacted Participating Dealers to notify them of Sentry’s intention to hold

the Sentry Conference and to advise them of Sentry’s intention to extend invitations directly to the Participating Dealers’ DRs unless an objection was raised by a certain date.

25. When no objection was raised, Sentry proceeded to extend invitations directly to DRs. However, Sentry did not extend

invitations to all of the Participating Dealers’ DRs. Rather, Sentry selected and invited DRs based on Sentry’s top 1000 list of DRs (based on the amount of Sentry assets held by the DR’s clients) and/or Sentry’s view of the selling potential of the DR.

26. Sentry did not comply with subsection 5.2(b) of NI 81-105 as Sentry influenced the selection of DRs to attend the

Sentry Conference. As a result, the provision of non-monetary benefits by Sentry to DRs at the Sentry Conference breached section 2.1 of NI 81-105.

(iii) The costs relating to the organization of the Sentry Conference were not reasonable 27. Sentry originally planned to have approximately 465 attendees at the Sentry Conference, comprised of 250 DRs, 175

guests of DRs and 40 Sentry representatives. After completion of the registration period, Sentry anticipated a total of 322 attendees comprised of 282 Participants (159 DRs and 123 guests of DRs) and 40 Sentry representatives. However, shortly before the commencement of the Sentry Conference, approximately 75 DRs and/or their guests cancelled, resulting in a total of only approximately 247 actual attendees who attended the Sentry Conference comprised of 116 DRs, 91 guests of DRs and 40 Sentry staff.

28. The Sentry Conference ultimately cost Sentry approximately $2 million in total. Although some of these costs were

attributable to invoices that were based on a guaranteed minimum number of attendees and a less favourable Canada-US exchange rate, a significant amount of the total cost related to the provision of excessive per person non-monetary benefits based on calculations accounting for the higher anticipated number of attendees of 322 rather than the actual number of attendees of 247.


April 13, 2017

(2017), 40 OSCB 3407

29. Sentry’s compliance department (“Sentry Compliance”) approved a budget for the Sentry Conference based on approximately 465 attendees (the “Budget”) that allowed for, among other expenditures, combined costs for dinner and entertainment of approximately $600 USD per attendee per evening. These approved figures were unreasonably high on a per DR basis.

30. In addition, Sentry Compliance did not ensure that all of the proposed spending on non-monetary benefits per DR

included in the Budget were, on an individual and on an aggregate basis, reasonable having regard to the purpose of the conference.

31. As costs began to escalate beyond the amounts contained in the Budget, the Sentry employee responsible for

organizing the event did not seek approval from Sentry Compliance regarding the higher costs in order to ensure compliance with Part 5 of NI 81-105.

(a) Dinners and Evening Entertainment

32. As set out below, the actual non-monetary benefits provided to DRs for dinners and evening entertainment were, in

fact, much higher than the approximate $600 USD per attendee per evening set out in the Budget. 33. The BH Mansion Party that was held on the Monday evening included dinner, open bars, a cigar bar, a 10 piece 1920s

band, a pianist, flapper dancers, fortune tellers, a lip reader, a handwriting analyst and a photographer. The total cost of the BH Mansion Party was approximately $335,166 USD. This resulted in a total non-monetary benefit of at least $1,041 USD per DR attending alone or $2,082 USD per DR attending with a guest, based on the 322 anticipated attendees.

34. The combined Tuesday evening events resulted in an approximate non-monetary benefit of at least $906 USD per DR

attending alone and $1,812 USD per DR attending with a guest as set out below:

a. on the evening of Tuesday, September 29, 2015, Participants could choose from a list of popular Beverly Hills restaurants for dinner paid for by Sentry. The total cost of the Tuesday dinners was approximately $107,394.11 USD and was based on the actual number of attendees of approximately 247 resulting in an approximate non-monetary benefit of $434 USD per DR attending alone and $868 USD per DR attending with a guest; and

b. after dinner, Participants attended a block party at Two Rodeo Drive (the “Rodeo Drive Party”) paid for by

Sentry which consisted of transforming an outdoor shopping area into a Parisian themed sitting and standing area with dessert stations, a specialty coffee cart, an open bar, DJ and casino games. The total cost of the Rodeo Drive Party to Sentry was approximately $151,960 USD. This resulted in a total non-monetary benefit of at least $472 USD per DR attending alone and $944 USD per DR attending with a guest, based on the 322 anticipated attendees.

(b) Other Recreational Activities 35. The Sentry Conference began with an optional 18 holes of golf on Sunday, September 27, 2015 at a cost to Sentry of

$36,984.67 USD. This resulted in an approximate non-monetary benefit of at least $308 USD per DR attending alone and $616 USD per DR attending with a guest based on 120 anticipated players.

36. On the evening of Sunday, September 27, 2015, Sentry held a reception at the Beverly Wilshire Hotel at a cost to

Sentry of $109,333.24 USD. This resulted in an approximate non-monetary benefit of at least $340 USD per DR attending alone and $680 USD per DR attending with a guest, based on the 322 anticipated attendees.

37. For those who attended both Sunday events, this resulted in the provision of an approximate non-monetary benefit of

$648 USD per DR attending alone or $1,296 USD per DR attending with a guest. 38. On the afternoon of Tuesday, September 29, 2015, Participants could choose from one of several events, including :

a. a wine tasting event which cost Sentry $31,541.09 USD based on 98 anticipated attendees resulting in an approximate non-monetary benefit of at least $322 USD per DR attending alone and $644 USD per DR attending with a guest;

b. a Universal Studios VIP Tour which cost Sentry $249 USD per person resulting in a non-monetary benefit of

$249 USD per DR attending alone and $498 USD per DR attending with a guest; or c. attending a taping of a television show. There was no cost to Sentry for this event.


April 13, 2017

(2017), 40 OSCB 3408

39. Approximately 2 Sentry representatives and 12 Participants were shuttled to the studio for the taping of the television show, but were refused entry as a result of their late arrival. At the last minute, without notifying Sentry Compliance or the Sentry executives in attendance at the Sentry Conference, the Sentry employee responsible for organizing the event arranged for a replacement activity for those Participants consisting of a helicopter tour at a cost to Sentry of $20,000 USD. This resulted in a non-monetary benefit of approximately $1,428 USD per DR attending alone and $2,856 USD per DR attending with a guest.

(c) Gifts 40. Sentry provided the following gifts to Participants (prior to and during the Sentry Conference):

a. in advance of the Sentry Conference, a bottle of Dom Perignon champagne was delivered to each DR scheduled to attend the conference, at a cost to Sentry of $219.95 per DR (excluding delivery costs); and

b. during the Sentry Conference, gifts were delivered to rooms of Participants consisting of:

i. necklaces from Tiffany’s ($216.75/necklace) or earrings from Tiffany’s ($246.50/set of earrings) for the female Participants; and

ii. engraved sterling silver cufflinks ($210/set of cufflinks) for the male Participants.

41. The provision of these gifts did not comply with section 5.6 of NI 81-105 as they were not of minimal value and were

not promotional in nature. (d) Reasonableness of meals, entertainment, recreational activities and gifts 42. In addition, the meals, evening entertainment, recreational activities and gifts referred to above, which were provided

to DRs at the Sentry Conference did not comply with subsection 5.2(e) of NI 81-105 as they were, individually and collectively, not reasonable having regard to the purpose of the Sentry Conference. As a result, the provision of these non-monetary benefits by Sentry to DRs at the Sentry Conference was in breach of section 2.1 of NI 81-105.

(iv) Sentry paid for some of the DRs’ travel and accommodation costs 43. During the Sentry Conference, Sentry provided transportation to DRs and their guests to and from afternoon and

evening activities. The total transportation cost incurred by Sentry on account of Participants was approximately $27,000 USD.

44. Sentry charged a $75 registration fee per Participant to reimburse Sentry for its transportation costs incurred on behalf

of DRs and their guests. However, Sentry collected the registration fee from less than one third of the Participants resulting in Sentry collecting only $6,700 from DRs as reimbursement for its transportation costs. Even if Sentry would have collected the registration fee from all 282 anticipated Participants, the total collected would have amounted to only $21,150 (compared to the $27,000 USD referred to above).

45. Sentry indirectly paid for some DR’s accommodation costs by negotiating a discounted rate for a block of rooms to be

occupied by DRs and most of the Sentry representatives in exchange for Sentry agreeing to take more expensive suites for certain of its executives. In addition, without consulting Sentry Compliance, the Sentry employee responsible for organizing the Sentry Conference personally paid a total of $3,929.72 USD for five room upgrades and room charges for certain DRs.

46. Sentry did not comply with subsection 5.2(d) of NI 81-105 because Sentry paid for some travel and accommodation

expenses associated with the DRs’ attendance at the Sentry Conference. As a result, the provision of non-monetary benefits by Sentry to DRs at the Sentry Conference was in breach of section 2.1 of NI 81-105.

(v) Provision of other benefits at the Sentry Conference not permitted under NI 81-105 (a) Provision of Guest Activities 47. Sentry also provided activities to guests of DRs while the DRs were participating in the educational sessions at the

Sentry Conference. In particular, in the afternoon of Monday, September 28, 2015, Sentry hosted a 1920s Makeover Event at the Beverly Wilshire Hotel’s Royal Suite for the guests of DRs (the “1920s Makeover Event”). As part of the 1920s Makeover Event, guests were provided with rented costumes, a bottle of custom perfume, hair styling and make-up application and the services of a photographer, all paid for by Sentry. The cost to Sentry of this event was


April 13, 2017

(2017), 40 OSCB 3409

approximately $38,345 USD based on a minimum of 65 attendees resulting in a non-monetary benefit of approximately $590 USD per DR.

48. Part 5 of NI 81-105 permits the provision of certain non-monetary benefits from an IFM to a DR, not from an IFM to a

guest of a DR. Sentry’s provision of these non-monetary benefits to guests of DRs in the absence of the presence of a DR were in breach of section 2.1 of NI 81-105.

(b) Provision of Monetary Benefits 49. During the Sentry Conference, Sentry provided $500 USD gift certificates to three DRs (and/or their guests) as casino

prizes. 50. The provision of gift certificates constitute the provision of monetary benefits which is contrary to Part 5 of NI 81-105 as

only the provision of non-monetary benefits to DRs is permitted under that part. Part 3 of NI 81-105 deals with the provision of permitted monetary benefits to DRs. However, gift certificates are not allowable under this part of NI 81-105. As a result, Sentry provided these monetary benefits to DRs in breach of section 2.1 of NI 81-105.

D. Sentry’s Annual DR Spending

51. During the period January 2011 to January 19, 2015, Sentry’s written sales practices policy provided excessive Annual

DR Spending limits comprised of the following annual limits:

a. a $4,000 limit for tickets for entertainment events such as concerts, sporting events and theatre (with a $500 maximum amount per item limit);

b. a $2,000 limit for recreational and leisure events such as golf, skiing and racing lessons (with a $300

maximum amount per item limit); and c. a $4,000 limit for prizes at charity events/auctions and dealer events or for branch gifts or other non-monetary

benefits (with a maximum amount of $500 per item limit). 52. In practice, Sentry’s Sales Department sought to manage the above expenditures to a total annual limit of $4,000 per

DR, which annual limit was excessive. 53. Although actual Annual DR Spending did not ever reach the $10,000 combined limit set out in Sentry’s written sales

practice policy,

a. there were numerous instances when Sentry spent excessive amounts annually on DRs including, in some limited instances, more than $4,000 per DR per year;

b. Sentry provided DRs with a number of excessive non-monetary benefits for one-time events which, in many

cases, exceeded Sentry’s own maximum amount per item limit; and c. In other cases, Sentry’s spending on one-time events adhered to Sentry’s maximum amount per item limit but

was still contrary to subsection 5.6 of NI 81-105 because of the cost and/or nature of the expense. 54. On January 19, 2015, Sentry reduced its total Annual DR Spending limit to $2,500. At the same time, Sentry

communicated its expectation to its employees that no more than $500 per quarter should be spent on any individual DR in order to encourage adherence to the $2,500 Annual DR Spending limit. However, from January 2015 to September 30, 2016:

a. there were numerous instances when Sentry’s actual Annual DR Spending on individual DRs exceeded the

$500 per quarter guideline; and b. there were no limits placed on Sentry’s spending on DRs for one-time events resulting in Sentry’s continued

provision of excessive non-monetary benefits to DRs for one-time events. 55. Examples of excessive spending by Sentry on DRs for one-time events during the period January 2011 to September

30, 2016 (in addition to the Montreal F1 Tickets) included spending on expensive tickets to major performance events, hockey and play-off events and other sporting events. Sentry provided excessive non-monetary benefits to DRs for one-time events that in several instances exceeded $1,000. For example, tickets to Selena Gomez and One Direction costing Sentry over $1,000 per DR per event, hockey tickets for $2,184 and football tickets for $1,359.98.


April 13, 2017

(2017), 40 OSCB 3410

56. In addition, Sentry provided excessive non-monetary benefits in the form of purchasing tables for DRs at charity events as follows:

a. In 2012, Sentry paid $6,000 in relation to tables purchased for a charity event. This amount was entirely

allocated to one DR, the same DR who, in 2015 and 2016, received the Montreal F1 Tickets. There were no Sentry representatives in attendance at this charity event; and

b. In 2015, Sentry paid $4,000 in relation to a table purchased for a charity event, for which 8 out of 10 seats

were entirely allocated to one DR. A Sentry representative attended this event. 57. In addition, since 2011, Sentry has, on occasion, provided excessive gifts to some DRs valued at over $200 including

Christmas, birthday and baby gifts and has provided gift certificates to DRs in breach of section 2.1 of NI 81-105. 58. Since January 25, 2015, Sentry’s sales practice policy has required that an employee of Sentry be in attendance for the

duration of a business promotional activity. This requirement is designed to ensure that the activity qualifies as a business promotional activity.

59. However, on occasion, during the period January 25, 2015 to September 30, 2016, Sentry provided some DRs with

tickets to sporting and theatre events without sending a Sentry employee to attend the event with the DR. 60. As a result of all of the above, during the period January 2011 to September 30, 2016, Sentry provided non-monetary

benefits to DRs that did not comply with section 5.6 of NI 81-105 resulting in Sentry providing non-monetary benefits to DRs in breach of section 2.1 of NI 81-105.

E. Lack of Controls around Sentry’s Sales Practices

61. During the period January 2011 to October 2016, Sentry failed to put in place an adequate record keeping system and

adequate controls including procedures for tracking and reporting the individual and aggregate Annual DR Spending by all employees of Sentry (the “DR Spending Records System”). In particular, during this period, Sentry failed to:

a. include in its DR Spending Records System,

i. non-monetary benefits provided to DRs by Sentry’s executive team, including the Montreal F1

Tickets; ii. the purchasing of tables at charitable events by Sentry to which DRs (and their guests) were invited

to attend as Sentry guests; and iii. some gifts provided to DRs;

b. adequately train and supervise its employees on its DR Spending Records System;

c. adequately train the Sentry employees who were providing non-monetary benefits to DRs on the requirements

of NI 81-105;

d. adequately supervise the employees providing non-monetary benefits to DRs; and e. carry out adequate testing of its DR Spending Records System resulting in Sentry’s excessive Annual DR

Spending continuing undetected over a long period of time.

62. During the period January, 2015 to September 30, 2015, Sentry failed to impose appropriate systems of controls and supervision to ensure that the Sentry Conference complied with Part 5 of NI 81-105 including failing to:

a. establish internal parameters prior to the Sentry Conference to assist Sentry in determining the

reasonableness of the proposed non-monetary benefits, on an individual and aggregate basis; b. establish a process requiring the involvement of Sentry Compliance at each stage of the organization of the

Sentry Conference, including the development, approval and execution of the Budget; c. track all non-monetary benefits provided to DRs (including non-monetary benefits provided to guests of DRs)

at the Sentry Conference, including the recording of:


April 13, 2017

(2017), 40 OSCB 3411

i. the names of DRs and guests who attended dinners, evening activities and recreational activities at the Sentry Conference; and

ii. the names of DRs and guests who received other non-monetary benefits during the Sentry

Conference; and

d. reconcile actual spending of non-monetary benefits provided to DRs at the Sentry Conference with those contemplated by the Budget.

63. As a result of the above, during the period January 2011 to October 2016, Sentry failed to establish and maintain

adequate systems of controls and supervision around its sales practices to ensure compliance with section 2.1 and Part 5 of NI 81-105 in breach of section 32(2) of the Act and section 11.1 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”).

F. Failure to maintain adequate Books and Records in relation to Sentry’s Sales Practices

64. During the period January 2011 to October 2016, Sentry failed to maintain adequate books and records in relation to its

sales practices as follows:

a. As referred to above, Sentry did not keep track of the names of DRs and their guests attending each event at the Sentry Conference or the names of DRs and their guests who received other non-monetary benefits at the conference;

b. Sentry did not keep track of the names of DRs and their guests when Sentry purchased a table for charitable

events and invited DRs (and their guests) as Sentry’s guests; and c. Sentry did not always track the gifts that it provided to DRs.

65. As a result, during the period January 2011 to October 2016, Sentry was not able to accurately track the non-monetary

benefits it provided to DRs. 66. During the period January 2011 to October 2016, Sentry failed to maintain adequate books, records and other

documents as were reasonably required to demonstrate Sentry’s compliance with Part 5 of NI 81-105 and was therefore in breach of paragraph 3 of subsection 19(1) of the Act.

G. Other conduct contrary to the public interest regarding Sentry’s Books and Records

67. In at least two instances in 2015, Sentry staff recorded the presence of a Sentry employee at one-time events paid for

by Sentry for the benefit of a DR when, in fact, a Sentry employee did not attend the event. 68. In addition, following the Sentry Conference, in or about November 2015, unbeknownst to Sentry’s executives, the

Sentry employee responsible for organizing the Sentry Conference attempted to conceal Sentry’s non-compliance with NI 81-105 by:

a. mischaracterizing the three $500 gift certificates referred to above as ten $150 gift certificates on Sentry’s

internal records; b. seeking revised invoices from two third party service providers in order to conceal some of the non-monetary

benefits provided to DRs on account of dinners, evening entertainment and accommodation; and c. paying for some DR accommodation costs personally.

69. The conduct referred to above was contrary to the public interest and contrary to Sentry’s obligation under paragraph 1

of subsection 19(1) of the Act to maintain adequate books and records for the proper recording of its business transactions and financial affairs.

H. The Montreal F1 Tickets

70. In 2015 and 2016, Sentry’s sales practice policies stated that Sentry could not pay for or reimburse the costs

associated with business promotional activities for investors or clients of DRs. This requirement is consistent with NI 81-105 as the only circumstance contemplated by NI 81-105 in which an IFM may provide a benefit to clients of a DR is in the context of Cooperative Marketing Practices pursuant to section 5.1 of NI 81-105. That section allows an IFM to pay some of the costs associated with an event hosted by a DR provided that the event meets certain requirements,


April 13, 2017

(2017), 40 OSCB 3412

including that the primary purpose of the event is to promote or provide educational information concerning the mutual fund, the mutual fund family of which the mutual fund is a member or mutual funds generally. An event that does not meet the primary purpose test would be considered a client appreciation event which is not eligible for IFM support under section 5.1 of NI 81-105. As such, section 5.1, does not permit an IFM to provide a DR with compensation or reimbursement for costs associated with client appreciation events.

71. In April 2015, a DR requested Driscoll’s assistance in sourcing Montreal F1 Tickets. On April 20, 2015, Driscoll

authorized the purchase by Sentry of two Montreal F1 Tickets for that DR in the amount of $12,495.29. This amount was well above Sentry’s Annual DR Spending limit of $2,500. In addition, the expenditure did not qualify as a promotional activity under Sentry’s sales practice policies as a Sentry representative did not attend this event with the DR. The event took place in Montreal during the weekend of June 5, 2015. By June 8, 2015, Driscoll was aware that the DR had taken a client to the event.

72. Driscoll did not report his non-compliance with Sentry’s sales practice policy to Sentry’s Chief Compliance Officer

(“CCO”) or to Sentry’s board of directors at that time. 73. On or about December 10, 2015, CRR Staff wrote to Sentry about the Sentry Conference and sought documents from

Sentry. By February 2016, Driscoll was aware that CRR Staff had also sought and obtained records from Sentry regarding Sentry’s Annual DR Spending in 2015.

74. The purchase of the Montreal F1 Tickets in 2015 did not appear in the Sentry records provided to CRR Staff since, as

mentioned above, Sentry’s DR Spending Records System did not capture these types of non-monetary benefits at that time.

75. In April 2016, the same DR referred to above again requested Driscoll’s assistance in sourcing Montreal F1 Tickets.

On April 6, 2016, Driscoll purchased four Montreal F1 Tickets for the same DR referred to above in the amount of $15,935.38, which amount was well above Sentry’s Annual DR Spending limit of $2,500. Driscoll paid for the tickets personally and then sought a reimbursement from Sentry. A Sentry representative did not attend this event with the DR.

76. The DR in question was considered by Sentry as one of its top ranking DRs based on the amount of Sentry assets held

by the DR’s clients. 77. On July 4, 2016, CRR Staff advised Sentry that it had concerns with Sentry’s compliance with Part 5 of NI 81-105 in

relation to the Sentry Conference and advised Sentry that the matter had been referred to the Enforcement Branch. 78. On July 20, 2016, Driscoll reimbursed Sentry in the amount of $15,935.38 for the 2016 Montreal F1 Tickets. 79. On September 9, 2016, Staff served Sentry with a summons requiring it to provide details of its spending in 2015 on

certain DRs including the DR who received the Montreal F1 Tickets. Two days later, Driscoll contacted the DR who received the Montreal F1 Tickets and sought and obtained a reimbursement of $28,000 from the DR on account of the 2015 and 2016 Montreal F1 Tickets.

80. On September 12, 2016, Driscoll informed Sentry’s senior executives and external legal counsel and, on September

15, 2016, Driscoll informed Sentry and SIC’s boards of directors about the 2015 and 2016 Montreal F1 Tickets and the steps he had taken to date to obtain a reimbursement from the DR for the cost of the tickets.

81. Upon completion of the investigation by the Special Committee, Driscoll reimbursed Sentry for the 2015 Montreal F1

Tickets, having already reimbursed Sentry for the 2016 Montreal F1 Tickets on July 20, 2016. 82. Jasmin Jabri (“Jabri”) was registered with the Commission as Sentry’s CCO in 2016, reporting directly to Driscoll. In or

about the end of March 2016, there were discussions between Driscoll and Jabri regarding the proposed purchase of the 2016 Montreal F1 Tickets for the DR. On or about April 6, 2016, Jabri was aware that Driscoll had, in fact, purchased the 2016 Montreal F1 Tickets for the DR. Neither Driscoll nor Jabri took steps to escalate or rectify the matter at that time. In July 2016, Driscoll subsequently discussed with Jabri his proposed reimbursement to Sentry for the cost of the 2016 Montreal F1 Tickets. Neither Driscoll nor Jabri took steps to escalate the matter at that time.

83. Jabri voluntarily resigned as the CCO of Sentry effective December 31, 2016. Jabri agreed to provide and has

provided Staff with a signed undertaking to: (a) successfully complete the Osgoode Certificate in Regulatory Compliance and Legal Risk Management for Financial Institutions offered by Osgoode Professional Development before reapplying for registration as a CCO of any registrant; and (b) not to reapply for registration as a CCO of any registrant before January 1, 2018.


April 13, 2017

(2017), 40 OSCB 3413

I. Driscoll’s failure to meet his obligations as the UDP of Sentry

84. Driscoll was the CEO and UDP of Sentry from January 29, 2013 until December 22, 2016. As such, pursuant to

section 5.1 of NI 31-103, Driscoll was required to:

a) supervise the activities of Sentry that were directed towards ensuring compliance with securities legislation by Sentry and the individuals acting on Sentry’s behalf; and

b) promote compliance by Sentry and individuals acting on Sentry’s behalf with securities legislation.

85. In 2015 and 2016, Driscoll did not comply with Sentry’s own Annual DR Spending limit and Sentry’s sales practices

policy when he gifted the Montreal F1 Tickets to a DR. These gifts were excessive and did not constitute a non-monetary benefit of a promotional nature and of minimal value pursuant to section 5.6 of NI 81-105.

86. Driscoll was aware that CRR Staff was looking into Sentry’s Annual DR Spending when he personally paid for the 2016

Montreal F1 Tickets. 87. Apart from his discussions with Sentry’s former CCO, Driscoll did not inform Sentry’s senior executive team or its board

of directors of his conduct until he became aware that Staff was seeking records relating to Sentry’s spending on the DR who received the Montreal F1 Tickets.

88. In respect of the above, Driscoll did not promote compliance by Sentry and individuals acting on Sentry’s behalf with

securities legislation. Rather, he caused Sentry to breach section 2.1 of NI 81-105 in relation to the Montreal F1 Tickets.

89. During the period April 20, 2015 to September 12, 2016, Driscoll breached his obligations as the UDP of Sentry and he

caused Sentry to breach section 2.1 of NI 81-105 in relation to his conduct pertaining to the Montreal F1 Tickets referred to above. As an officer and director of Sentry, he authorized, permitted and/or acquiesced in Sentry’s breach of section 2.1 of NI 81-105 pursuant to section 129.2 of the Act.

PART IV – MITIGATING FACTORS

90. Sentry advises Staff of the following:

a. Sentry, not the Sentry Products, paid for the monetary and non-monetary benefits at issue; b. the performance of the Sentry Products has not been impacted by these matters. The management expense ratios

of the Sentry Products were not affected by the monetary and non-monetary benefits that were paid to DRs; and

c. Sentry, not the Sentry Products, will pay all costs, fines and expenses relating to the resolution of the matters

described in this Settlement Agreement, including the administrative fine, costs of the Commission’s investigation and the fees charged by PricewaterhouseCoopers LLP in relation to its engagement as the Consultant, as described in the Undertaking at Schedule “A” to this Settlement Agreement.

91. Commencing in 2013, during Driscoll’s tenure as UDP, Sentry made efforts to improve its compliance function including

in relation to sales practices and NI 81-105. These initiatives included increasing the number of full time compliance specialists at Sentry from three to five, the appointment of a new CCO and revising and updating all of Sentry’s compliance policies and procedures (including reducing Sentry’s Annual DR Spending limit) and its Code of Conduct and Ethics.

92. In February 2016, at Driscoll’s direction, Sentry cancelled a further Mutual Fund Sponsored Conference scheduled to

occur in April 2016. 93. Since November 2016, Sentry, with the support of Driscoll, has taken steps to ensure the completeness and accuracy

of its DR Spending Records. Responsibility for the oversight and maintenance of the DR Spending Records has been moved from Sentry’s Sales Department to Sentry’s Finance Department. In addition, controls have been enhanced to ensure that executive level expenditures and non-monetary benefits provided through charitable events are appropriately included in Sentry’s DR Spending Records System and are subject to review and approval.

94. Upon learning about the Montreal F1 Tickets from Driscoll in September 2016, the Special Committee promptly

investigated the matter and the Sentry Conference and reported its findings to Staff of the Commission in October 2016.


April 13, 2017

(2017), 40 OSCB 3414

95. As a result of the Special Committee’s recommendations, corrective action was taken by Sentry commencing in December 2016 including the following:

a. enhanced reporting by the CCO to the Special Committee and the board of directors of both of Sentry and

SIC;

b. Sentry initiated steps to identify and retain an independent compliance consultant (the “Consultant”) for the purpose of enhancing its compliance function and ensuring consistency with securities law and industry best practices, and entered into discussions with Staff concerning the terms of an undertaking in relation thereto;

c. on December 22, 2016, Driscoll resigned as the CEO and UDP of Sentry and a new CEO was appointed and

registered as a UDP with the Commission;

d. the Special Committee recommended and Driscoll accepted the making of a reparation payment to Sentry in the amount of $100,000, which amount has been paid by him; and

e. in January 2017, Sentry created a formal Management Committee, the mandate of which includes supporting

the work of the Consultant, oversight and monitoring of the implementation of the Consultant’s recommendations and supporting the efforts of the UDP and CCO to nurture a culture of compliance within Sentry.

96. In December 2016, Sentry created two additional compliance officer positions. In addition, in January 2017, the

mandate of the board of directors of Sentry was updated to require that Sentry promptly escalate to the board of SIC all matters of significance affecting Sentry’s obligations as a registrant, including issues relating to its compliance with applicable securities laws and inquiries by securities regulators.

97. All of the voting shares of Sentry are owned by SIC. All of the voting shares of SIC are owned by Petro Assets Inc.,

whose shares are owned by the Driscoll family. The Respondents advise Staff that Petro Assets Inc. has no direct involvement in the supervision or daily operations of Sentry or SIC. On January 30, 2017, the holder of 100% of the voting control of the shares of Petro Assets Inc., who is not Driscoll, offered to sign, and did sign, an undertaking to the Commission that for so long as he exercises direct or indirect control over at least 51% of the voting shares of SIC, and consistent with his long-standing practice, he shall continue to ensure that a majority of the directors of SIC are independent of management of Sentry and not members of the Driscoll family.

98. On February 2, 2017, Sentry signed the undertaking attached to this Settlement Agreement as Schedule “A” (the

“Undertaking”). Pursuant to the Undertaking, Sentry undertook to enter into an agreement (the “Agreement”) with a Consultant approved by a Manager in the CRR Branch (the “OSC Manager”), to examine, among other areas, Sentry’s sales practices system, with a view to making recommendations to be included in a plan to be submitted to the OSC Manager no later than 90 days from the date of the Undertaking for review and approval by the OSC Manager (the “Plan”).

99. Consistent with the Undertaking, on January 31, 2017, Sentry retained a Consultant approved by the OSC Manager,

namely PricewaterhouseCoopers LLP and entered into the Agreement with the Consultant. 100. On December 23, 2016, Sentry’s new CEO and UDP signed an undertaking to the Commission that in his capacity as

UDP, he will work alongside the Consultant to ensure that any requests for information by the Consultant are fulfilled promptly, that any recommendations of the Consultant are implemented by Sentry in a timely manner and to receive training to increase his knowledge of the requirements of Ontario securities law including the requirement to establish and maintain an adequate system of compliance under section 11.1 of the NI 31-103.

101. On January 3, 2017, a new CCO for Sentry was registered with the Commission. 102. Sentry and Driscoll have cooperated with Staff in connection with Staff’s investigation of the matters referred to in this

Settlement Agreement. 103. Sentry and Driscoll have no disciplinary history with the Commission. PART V – CONDUCT CONTRARY TO ONTARIO SECURITIES LAW AND THE PUBLIC INTEREST

104. By engaging in the conduct described above, Sentry admits and acknowledges that it has breached Ontario securities

law and that it has acted contrary to the public interest in that:


April 13, 2017

(2017), 40 OSCB 3415

a. during the period August 2015 to September 2015, Sentry provided non-monetary benefits to DRs and/or their guests in connection with the Sentry Conference that did not meet the requirements of sections 5.2 and 5.6 of NI 81-105 and provided monetary benefits to DRs in the form of gift certificates that were not permitted under Part 3 of NI 81-105 resulting in Sentry providing non-monetary and monetary benefits in breach of section 2.1 of NI 81-105 and contrary to the public interest;

b. during the period January 2011 to September 30, 2016, Sentry provided non-monetary benefits to DRs in

relation to its Annual DR Spending and in relation to its spending on DRs on one-time events (including in relation to the Montreal F1 Tickets) that did not meet the requirements of section 5.6 of NI 81-105 and provided monetary benefits to DRs in the form of gift certificates that were not permitted under Part 3 of NI 81-105 resulting in Sentry providing non-monetary and monetary benefits in breach of section 2.1 of NI 81-105 and contrary to the public interest;

c. during the period January 2011 to October 2016, Sentry failed to establish and maintain adequate systems of

controls and supervision around its sales practices to ensure compliance with section 2.1 and Part 5 of NI 81-105 in breach of section 32(2) of the Act and section 11.1 of NI 31-103 and contrary to the public interest;

d. during the period January 2011 to October 2016, Sentry failed to maintain adequate books, records and other

documents as were reasonably required to demonstrate its compliance with NI 81-105 in breach of paragraph 3 of subsection 19(1) of the Act and contrary to the public interest; and

e. in 2015, Sentry failed to maintain adequate books and records for the proper recording of its business

transactions and financial affairs in breach of paragraph 1 of subsection 19(1) of the Act and contrary to the public interest.

105. Driscoll admits and acknowledges that, in connection with the Montreal F1 Tickets, he breached Ontario securities law

and that he acted contrary to the public interest in that:

a. during the period April 20, 2015 to September 12, 2016, he failed to meet his obligations as the UDP of Sentry in breach of section 5.1 of NI 31-103 and contrary to the public interest;

b. during the period April 20, 2015 to September 12, 2016, as an officer and director of Sentry, he did authorize,

permit and/or acquiesce in Sentry’s breach of section 2.1 of NI 81-105 pursuant to section 129.2 of the Act; and

c. as Sentry’s UDP during the period April 20, 2015 to September 12, 2016, he acted contrary to the public

interest in failing to disclose Sentry’s breach of NI 81-105 through his gifting of the Montreal F1 Tickets to a DR to Sentry’s board of directors.

PART VI – TERMS OF SETTLEMENT

106. The Respondents agree to the terms of settlement listed below and to the Order attached hereto as Schedule “B” that

provides that:

a. the Settlement Agreement is approved; b. the Respondents are reprimanded, pursuant to paragraph 6 of subsection 127(1) of the Act; c. Sentry shall

i. continue to submit to a review of its practices and procedures in accordance with the terms set out in the Undertaking attached hereto as Schedule “A” and shall refrain from hosting a Mutual Fund Sponsored Conference until the OSC Manager has communicated to Sentry that the OSC Manager is satisfied that the conclusions expressed in the Attestation Letter by the Consultant described in Schedule “A” are valid, pursuant to paragraph 4 of subsection 127(1);

ii. pay an administrative penalty in the amount of $1,500,000 by wire transfer to the Commission before

the commencement of the Settlement Hearing, which amount shall be designated for allocation or for use by the Commission in accordance with subsections 3.4(2)(b)(i) or (ii) of the Act, pursuant to paragraph 9 of subsection 127(1) of the Act; and


April 13, 2017

(2017), 40 OSCB 3416

iii. pay costs of the Commission’s investigation in the amount of $150,000, by wire transfer to the Commission before the commencement of the Settlement Hearing, pursuant to section 127.1 of the Act; and

d. Driscoll

i. shall resign all positions that he holds as a director or officer of any IFM or other registrant and as director of any affiliate of Sentry, pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act;

ii. is prohibited from becoming or acting as a director or officer of SIC or of any IFM or other registrant


iii. is prohibited from becoming or acting as a UDP or CCO of any IFM or other registrant for a period of


iv. shall successfully complete the PDO Exam and Chief Compliance Officers Qualifying Exam referred

to in section 3.1 of NI 31-103 as a condition of becoming an officer or director of SIC or of any IFM or other registrant and as a condition for future registration as a UDP; and

v. shall successfully complete the PDO Exam and Chief Compliance Officers Qualifying Exam referred


107. The Respondents undertake to consent to a regulatory Order made by any provincial or territorial securities regulatory

authority in Canada containing any or all of the prohibitions set out in sub-paragraphs 106(c)(i) and 106(d) above. These prohibitions may be modified to reflect the provisions of the relevant provincial or territorial securities law.

108. The Respondents agree to attend in person at the hearing before the Commission to consider the proposed settlement. 109. The Respondents acknowledge that this Settlement Agreement and proposed Order may form the basis for parallel

orders in other jurisdictions in Canada. The securities laws of some other Canadian jurisdictions allow orders made in this matter to take effect in those other jurisdictions automatically, without further notice to the Respondents. The Respondents should contact the securities regulator of any other jurisdiction in which it/he may intend to engage in any securities or derivatives related activities, prior to undertaking such activities.

PART VII – STAFF COMMITMENT

110. If the Commission approves this Settlement Agreement, Staff will not commence any proceeding under Ontario

securities law against the Respondents in relation to the facts set out in Part III of this Settlement Agreement, subject to the provisions of paragraph 111 below and except with regard to the items referred to at subparagraph 2(ii) of the Undertaking attached at Schedule “A” to this Settlement Agreement and to the Order of the Commission (the “Other Areas of Review”). Nothing in this Settlement Agreement shall be interpreted as limiting Commission Staff’s ability to commence proceedings against the Respondents in relation to the Other Areas of Review.

111. If the Commission approves this Settlement Agreement and the Respondents fail to comply with any of the terms of the

Settlement Agreement, Staff may bring proceedings under Ontario securities law against the Respondents. These proceedings may be based on, but need not be limited to, the facts set out in Part III of this Settlement Agreement as well as the breach of the Settlement Agreement.

PART VIII – PROCEDURE FOR APPROVAL OF SETTLEMENT

112. The parties will seek approval of this Settlement Agreement at a public hearing before the Commission scheduled for

April 5, 2017 or on another date agreed to by Staff and the Respondents, according to the procedures set out in this Settlement Agreement and the Commission’s Rules of Procedure.

113. Staff and the Respondents agree that this Settlement Agreement will form all of the agreed facts that will be submitted

at the settlement hearing on the Respondents’ conduct, unless the parties agree that additional facts should be submitted at the settlement hearing.


April 13, 2017

(2017), 40 OSCB 3417

114. If the Commission approves this Settlement Agreement, the Respondents agree to waive all rights to a full hearing, judicial review or appeal of this matter under the Act.

115. If the Commission approves this Settlement Agreement, neither party will make any public statement that is

inconsistent with this Settlement Agreement or with any additional agreed facts submitted at the settlement hearing. 116. Whether or not the Commission approves this Settlement Agreement, the Respondents will not use, in any proceeding,

this Settlement Agreement or the negotiation or process of approval of this Settlement Agreement as the basis for any attack on the Commission’s jurisdiction, alleged bias, alleged unfairness, or any other remedies or challenges that may otherwise be available.

PART IX – DISCLOSURE OF SETTLEMENT AGREEMENT

117. If the Commission does not approve this Settlement Agreement or does not make the order substantially in the form of

the order attached as Schedule “B” to this Settlement Agreement:

a. this Settlement Agreement and all discussions and negotiations between Staff and the Respondents before the settlement hearing takes place will be without prejudice to Staff and the Respondents; and

b. Staff and the Respondents will each be entitled to all available proceedings, remedies and challenges,

including proceeding to a hearing of the allegations contained in the Statement of Allegations. Any proceedings, remedies and challenges will not be affected by this Settlement Agreement, or by any discussions or negotiations relating to this agreement.

118. Both parties will keep the terms of the Settlement Agreement confidential until the Commission approves the

Settlement Agreement, except as is necessary to make submissions at the settlement hearing. If, for whatever reason, the Commission does not approve the Settlement Agreement, the terms of the Settlement Agreement shall remain confidential indefinitely, unless Staff and the Respondents otherwise agree or if required by law.

PART X – EXECUTION OF SETTLEMENT AGREEMENT

119. This Settlement Agreement may be signed in one or more counterparts which, together, constitute a binding

agreement. 120. A facsimile copy or other electronic copy of any signature will be as effective as an original signature. Dated at Toronto this 31st day of March, 2017.

SENTRY INVESTMENTS INC.

By: “Philip Yuzpe” By: “Ryan Caughay” SEAN DRISCOLL

“Veronica Sjolin” By: “Sean Driscoll” Witness

COMMISSION STAFF

By: “Jeff Kehoe”

Director, Enforcement Branch


April 13, 2017

(2017), 40 OSCB 3418

Schedule “A”

Undertaking

WHEREAS an investigation of conduct relating to Sentry Investment Inc.’s (“Sentry”) mutual fund sales practices has been initiated by Staff of the Ontario Securities Commission (the “Commission”) as a result of a compliance review by the Compliance and Registrant Regulation (“CRR”) Branch and is not concluded;

AND WHEREAS a special committee composed of independent directors of the board of directors of Sentry Investments Corp. (the “Special Committee”), the direct shareholder of Sentry, has resolved, inter alia, to retain an independent compliance consultant (“the Consultant”) to review and recommend improvements to certain aspects of Sentry’s internal policies,

procedures, practices and internal controls, and to require the Consultant to report its findings to the Commission; AND WHEREAS Sentry supports and accepts the retention of the Consultant and seeks to take immediate corrective action in

relation to certain compliance issues noted to date; Sentry hereby undertakes that: 1. within 30 days of signing this Undertaking, Sentry will enter into an agreement (the “Agreement”) with a Consultant

that has been approved by a Manager in the CRR Branch of the Commission (the “OSC Manager”);

2. the Agreement will provide that the Consultant will examine the areas set out in (i) and (ii) below, with a view to making

recommendations to be included in a plan to be submitted to the OSC Manager no later than 90 days from the date of this Undertaking for review and approval by the OSC Manager (the “Plan”). In particular, the Consultant will examine:

(i) Sentry’s operations, internal controls, practices, policies and procedures relating to sales practices (the “Sales

Practice System”) to ensure that:

a. the Sales Practice System fully complies with applicable law, including National Instrument 81-105 Mutual Fund Sales Practices (“NI 81-105”)and section 11.1 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”);

b. the Sales Practice System is tailored to the specific manner of business conducted by Sentry and is

consistent with prudent business practices and best industry standards; c. Sentry’s staff are required to report any misconduct or non-compliance in a timely manner and that

there is an appropriate escalation process in place to ensure that Sentry’s senior management, its board of directors and the board of directors of Sentry Investments Corp., can adequately oversee Sentry’s activities in respect of the Sales Practice System;

d. the Sales Practice System is designed to identify any non-compliance at an early stage and to allow

for correction of the conduct in a timely manner; and e. all applicable Sentry staff are trained on business promotion matters (including Sentry’s Ultimate

Designated Person and members of Sentry’s executive team) to ensure compliance with applicable laws related to the Sales Practice System, including NI 81-105;

(ii) Sentry’s operations, internal controls, practices, policies and procedures relating to the daily operation of

Sentry’s Investment Funds to ensure that Sentry’s Transfer Agent, Fund Accounting, Trust Accounting, Portfolio Management and Independent Review Committee functions, fully comply with applicable laws, including section 11.1 of NI 31-103;

3. the Agreement will also provide that the Consultant will:

(i) include in the Plan, a description of the review performed, the results of the review, and the Consultant’s recommendations for any changes or improvements that the Consultant reasonably deems necessary to conform with 2 (i) to (ii) above;

(ii) assist Sentry in the implementation of the Plan including assisting Sentry and Sentry’s counsel, in the

preparation of policies, procedures and/or training materials, or in amending existing policies, procedures and/or training materials to ensure compliance with 2(i) and (ii) above;


April 13, 2017

(2017), 40 OSCB 3419

(iii) submit written progress reports (“Progress Report”) to the OSC Manager, every 90 days commencing 90

days after the approval of the Plan by the OSC Manager, detailing Sentry’s progress with respect to the implementation of the Plan and stating whether the specific recommendations included in the Plan have been implemented and, if not, the expected date of completion and person(s) responsible for the implementation. The Consultant shall submit Progress Reports until the Plan has been fully implemented to the satisfaction of the OSC Manager;

(iv) submit, within 12 months of receiving confirmation from the OSC Manager that the Plan has been fully

implemented (the “Confirmation Date”), a letter (the “Attestation Letter”), expressing his or her conclusions

on whether the revised policies and procedures and internal controls set out in the Plan were working appropriately and adequately followed, administered and enforced by Sentry for the 9 month period commencing from the Confirmation Date;

(v) Include a report with the Attestation Letter which provides a description of the testing performed to support the

conclusions contained in the Attestation Letter; and (vi) submit such additional reports as may be requested by the OSC Manager for the purpose of satisfying the

OSC Manager that the conclusions expressed in the Attestation Letter described above is valid. 4. the Plan and the Progress Reports will be reviewed and approved by the Special Committee and signed by a

representative of the Special Committee as evidence of its review and approval; 5. Sentry shall provide the Consultant with reasonable access to all of Sentry’s books and records necessary to complete

the Consultant’s mandate and will allow the Consultant to meet privately with Sentry’s officers, directors and employees. Sentry shall require its officers, directors and employees to cooperate fully with the Consultant with respect to the Consultant’s work and with respect to the implementation of the Plan or any of its specific recommendations; and

6. Sentry shall immediately submit to the Commission a direction giving consent for unrestricted access by Staff of the

Commission to communicate with the Consultant regarding the Consultant’s work and Sentry’s progress with respect to the implementation of the Plan or any or its specific recommendations.


April 13, 2017

(2017), 40 OSCB 3420

Schedule “B”

IN THE MATTER OF

THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF


ORDER

(Subsections 127(1) and 127.1)

WHEREAS:

1. on March 31, 2017, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing

pursuant to subsections 127(1) and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), in connection with the allegations as set out in the Statement of Allegations of Staff of the Commission (“Staff”) dated March 31, 2017 (the “Statement of Allegations”), to consider whether it is in the public interest to make orders, as specified therein, against and in respect of Sentry Investments Inc. (“Sentry”) and Sean Driscoll (“Driscoll”) (collectively the “Respondents”);

2. the Respondents and Staff entered into a Settlement Agreement dated March 31, 2017 (the “Settlement

Agreement”); 3. prior to the Settlement Agreement, Sentry signed an undertaking on February 2nd, 2017 which is attached to

this Order as Schedule “A” (the “Undertaking”) in order to begin taking immediate corrective action in relation to certain compliance issues;

4. pursuant to the Undertaking, Sentry entered into an agreement (the “Agreement”) with a consultant (the

“Consultant”), namely, PricewaterhouseCoopers LLP, that was approved by a Manager in the CRR Branch of the Commission (the “OSC Manager”), to examine, among other areas, Sentry’s sales practice system, with a view to making recommendations to be included in a plan to be submitted to the OSC Manager no later than 90 days from the date of the Undertaking for review and approval by the OSC Manager (the “Plan”);

5. Sentry Investments Corp. (“SIC”) owns all of the voting shares of Sentry, all of the voting shares of SIC are

owned by Petro Assets Inc., whose shares are owned by the Driscoll family, and the Respondents have represented to the Commission that Petro Assets Inc. has no direct involvement in the supervision or daily operations of Sentry or SIC;

6. the individual who controls the voting of all the shares of Petro Assets Inc. has signed an undertaking to the

Commission that for so long as he exercises direct or indirect control over at least 51% of the voting shares of SIC, he shall ensure that a majority of the directors of SIC are independent of management of Sentry and not members of the Driscoll family;

7. Sentry has confirmed receipt of a reparation payment of $100,000 from Driscoll; 8. this Order may form the basis for parallel orders in other jurisdictions in Canada; 9. the Commission has reviewed the Settlement Agreement, the Notice of Hearing, and the Statement of

Allegations, and heard submissions from counsel for the Respondents and from Staff; and 10. the Commission is of the opinion that it is in the public interest to make this Order;

IT IS ORDERED THAT:

a. the Settlement Agreement is approved; b. the Respondents are reprimanded, pursuant to paragraph 6 of subsection 127(1) of the Act; c. Sentry shall


April 13, 2017

(2017), 40 OSCB 3421

i. continue to submit to a review of its practices and procedures in accordance with the terms set out in the Undertaking attached hereto as Schedule “A” and shall refrain from hosting a Mutual Fund Sponsored Conference until the OSC Manager has communicated to Sentry that the OSC Manager is satisfied that the conclusions expressed in the Attestation Letter by the Consultant described in Schedule “A” are valid, pursuant to paragraph 4 of subsection 127(1) of the Act;

ii. pay an administrative penalty in the amount of $1,500,000 to the Commission which amount shall be

designated for allocation or for use by the Commission in accordance with subsections 3.4(2)(b)(i) or (ii) of the Act, pursuant to paragraph 9 of subsection 127(1) of the Act; and

iii. pay costs of the Commission’s investigation in the amount of $150,000 pursuant to section 127.1 of

the Act; and

d. Driscoll

i. shall resign all positions that he holds as a director or officer of any investment fund manager (“IFM”) or other registrant and as a director of any affiliate of Sentry, pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act;

ii. is prohibited from becoming or acting as a director or officer of SIC or of any IFM or other registrant


iii. is prohibited from becoming or acting as a UDP or CCO of any IFM or other registrant for a period of


iv. shall successfully complete the PDO Exam and Chief Compliance Officers Qualifying Exam referred

to in section 3.1 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) as a condition of becoming an officer or director of SIC or of any

IFM or other registrant and as a condition for future registration as a UDP; and v. shall successfully complete the PDO Exam and Chief Compliance Officers Qualifying Exam referred


DATED at Toronto, this day of April, 2017.


April 13, 2017

(2017), 40 OSCB 3422

2.3.2 Mark Steven Rotstein and Equilibrium Partners Inc. – ss. 127, 127.1


RSO 1990, c S.5

AND


ORDER

(Sections 127 and 127.1 of the Securities Act) WHEREAS:

1. on February 29, 2016, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing

pursuant to sections 127 and 127.1 of the Securities Act, RSO 1990, c S.5, (the “Securities Act”) in relation to the Statement of Allegations filed by Staff of the Commission (“Staff”) on February 29, 2016 with respect to Mark Steven Rotstein (“Rotstein”) and Equlibrium Partners Inc. (“EQ”) (collectively, the “Respondents”);

2. the Respondents entered into a Settlement Agreement with Staff dated April 3, 2017 (the “Settlement

Agreement”) in relation to the matters set out in the Statement of Allegations; and 3. the Commission issued a Notice of Hearing dated April 6, 2017 setting out that it proposed to consider the

Settlement Agreement; AND UPON reviewing the Settlement Agreement, the Notice of Hearing, the Statement of Allegations and upon

considering submissions from Respondents’ counsel and from Staff of the Commission; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;


1. this Settlement Agreement is approved; 2. pursuant to paragraphs 2 and 2.1 of subsection 127(1) of the Securities Act, the Respondents will be

prohibited from trading in any securities or derivatives for a period of 10 years, and will be prohibited from acquiring any securities for a period of 10 years, except in respect of the following:

a. trades or acquisitions in Rotstein’s registered retirement savings plan account; b. trades or acquisitions in the registered education savings plan accounts of Rotstein’s children; c. the exercise of an election to convert a debenture into 300,000 common shares of EQ Inc., an entity

over which neither Respondent exercises control (the “Common Shares”), which shares, if acquired, will be held in a non-registered account; and

d. the subsequent sale of the Common Shares;

3. any proceeds from the sale of the Common Shares shall be paid to the Commission forthwith, to the extent of

any outstanding amount described in paragraphs 9 and 10, and shall be applied to such outstanding amount; 4. pursuant to paragraph 3 of subsection 127(1) of the Securities Act, any exemptions contained in Ontario

securities law do not apply to each of the Respondents for a period of 10 years; 5. pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Securities Act, Rotstein resign all positions

that he holds as a director or officer of any issuer, registrant, or investment fund manager, except in respect of EQ, so long as EQ is not a reporting issuer and does not engage in any business that is subject to regulation under the Securities Act;


April 13, 2017

(2017), 40 OSCB 3423

6. pursuant to paragraph 8 of subsection 127(1) of the Securities Act, Rotstein be prohibited, for a period of 10 years, from becoming or acting as a director or officer of any issuer, except in respect of EQ, so long as EQ is not a reporting issuer and does not engage in any business that is subject to regulation under the Securities Act;

7. pursuant to paragraphs 8.2 and 8.4 of subsection 127(1) of the Securities Act, Rotstein be prohibited, for a

period of 15 years, from becoming or acting as a director or officer of a registrant or an investment fund manager;

8. pursuant to paragraph 8.5 of subsection 127(1) of the Securities Act, each of Rotstein and EQ be prohibited,

for a period of 15 years, from becoming or acting as a registrant, an investment fund manager or a promoter;

9. pursuant to paragraph 9 of subsection 127(1) of the Securities Act, Rotstein and EQ be required to pay an administrative penalty of $265,000, jointly and severally, according to the terms set out in paragraph 11, which amount will be designated for allocation or for use by the Commission pursuant to subsection 3.4(2)(b)(i) or (ii) of the Securities Act;

10. pursuant to section 127.1 of the Securities Act, Rotstein and EQ shall pay $10,000 in respect of Staff’s costs,

for which they shall be jointly and severally liable, according to the terms set out in paragraph 11; 11. in regard to the payments ordered at paragraphs 9 and 10 above, Rotstein and EQ shall be jointly and

severally liable to make payments in the form of certified cheques or bank drafts payable to the Commission as follows:

a. $55,000 payable before the commencement of the hearing by the Commission to approve this

Settlement Agreement, which amount shall be returned to Rotstein and EQ forthwith if the Commission does not approve this Settlement Agreement at the hearing;

b. subsequent annual payments as necessary until the full amount is paid, as follows:

i. $55,000 payable on or before April 11, 2018; ii. $55,000 payable on or before April 11, 2019; iii. $55,000 payable on or before April 11, 2020; and iv. $55,000 payable on or before April 11, 2021;

(the “Payment Plan”);

12. notwithstanding the Payment Plan, in the event that Rotstein and/or EQ fail to comply with any of the terms of

the Payment Plan, the unpaid balance of all of the amounts set out in paragraphs 9 and 10 shall become payable and enforceable immediately, along with interest from the date of the Commission’s order approving the Settlement Agreement, in accordance with section 129 of the Courts of Justice Act RSO 1990, c C-43;

13. the sanctions in paragraphs 2 through 8 shall continue in force without any limitation as to time period until the

entire amounts owing under paragraphs 9 and 10 are paid in full, including interest as described in paragraph 12, if applicable; and

14. pursuant to subsection 127(2) of the Securities Act, the Respondents shall send all current and former EQ

clients a letter, enclosing the signed Settlement Agreement and the order of the Commission approving the Settlement Agreement in the form attached hereto as Schedule “A”.

DATED at Toronto, Ontario this 11th day of April, 2017.

“Timothy Moseley”

_____________________ “Monica Kowal” “AnneMarie Ryan”

___________________ ______________________


April 13, 2017

(2017), 40 OSCB 3424

Schedule “A”

Letter to Current and Former Clients

I, along with my company, Equilibrium Partners Inc. (“EQ”), were named in an enforcement proceeding brought by Staff

of the Ontario Securities Commission. On April 3, 2017, EQ and I entered into a settlement with Staff, in which we admitted that we traded securities and advised without registration, and thereby breached subsections 25(1) and (3) of the Securities Act. We also admitted that we acted contrary to the public interest. We broke securities laws by, among other things, trading on your behalf and on other clients’ behalves. On certain occasions, I impersonated my clients in dealing with market participants, such as online brokers, in order to carry out these trades, and thereby misled those market participants while conducting activity for which I, and my company EQ, should have been registered.

On April 11, 2017, the Ontario Securities Commission approved the settlement, and issued an Order. I attach copies of the Settlement Agreement and the Order for your review. Among other things, the Order requires me to stop trading and advising for a period of 10 years, and to not act as a registrant, investment fund manager or promoter for a period of 15 years, at which time, if I wish to become registered under Ontario securities laws, I will have to apply to the Commission and obtain registration. This means that I cannot recommend securities or derivatives to you, execute buy or sell orders for you, or assist you in any way in dealing with securities and derivatives. Please see paragraph 19 of the Agreement for a list of tasks I can no longer perform for you. This list is not exhaustive.

This letter and its attachments are provided to you as part of my settlement with Staff of the Ontario Securities Commission.


April 13, 2017

(2017), 40 OSCB 3425



AND


SETTLEMENT AGREEMENT BETWEEN

STAFF OF THE ONTARIO SECURITIES COMMISSION AND MARK STEVEN ROTSTEIN AND EQUILIBRIUM PARTNERS INC.

PART I – INTRODUCTION

1. The Ontario Securities Commission (the “Commission”) will issue a Notice of Hearing to announce that the Commission

will hold a hearing to consider whether, pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Securities Act”), it is in the public interest for the Commission to make certain orders in respect of Mark Steven Rotstein (“Rotstein”) and Equilibrium Partners Inc. (“EQ”) (collectively, the “Respondents”).

2. For about 15 months, Rotstein and EQ traded and advised in contravention of the Securities Act, and acted in a

manner which was contrary to the public interest and harmful to the integrity of Ontario’s capital markets. One of the stated purposes of the Securities Act is that investors should be protected from unfair and improper practices. Further, it is a fundamental principle of the legislation that high standards of fitness and business conduct are maintained, in order to ensure honest and responsible conduct by market participants. The primary means by which this is achieved is through registration under the Securities Act. Rotstein and EQ did not comply with the registration requirements of the Securities Act, thereby avoiding any regulatory oversight, and depriving their clients of the protections to which they were entitled.

PART II – JOINT SETTLEMENT RECOMMENDATION

3. Staff of the Commission (“Staff”) agree to recommend settlement of the proceeding commenced by Notice of Hearing

dated February 29, 2016 (the “Proceeding”) against the Respondents according to the terms and conditions set out below in this agreement (the “Settlement Agreement”). The Respondents agree to the making of an order in the form attached as Schedule “A”, based on the facts set out below.

PART III – AGREED FACTS

4. For the purposes of this Proceeding, and any other regulatory proceeding commenced by a securities regulatory

authority, the Respondents agree with the facts as set out in Part III of this Settlement Agreement. Overview

5. Rotstein, a former registrant, and his company, EQ, engaged in the business of trading in and advising in respect of

securities without being registered, in breach of the requirements of the Securities Act.

6. Rotstein was registered under the Securities Act for more than 15 years, from 1997 until July 2012.

1 In October 2012,

Rotstein incorporated EQ. Rotstein was the founder, owner and directing mind of EQ, as well as its sole director, officer and employee. EQ has never been registered under the Securities Act.

7. Between July 2, 2013 and October 4, 2014 (the “Material Time”), Rotstein and EQ engaged in trading and advising

contrary to the Securities Act. In addition to providing other services to their clients, Rotstein and EQ carried out a significant number of transactions for and with clients during the Material Time, with a settlement value of approximately $14,450,000. Rotstein suggested to certain clients that they set up self-directed investment accounts if they so desired and if their personal financial circumstances so warranted. Rotstein requested that certain of these clients provide him with information, including their date of birth, social insurance number and their passwords, which he could use to access their accounts, and these clients agreed to do so and did in fact provide this information. On many occasions, telephonic communications with employees of market participants were required, and when

1 But for a two month period in 2011, as explained at paragraph 8.


April 13, 2017

(2017), 40 OSCB 3426

communicating with employees of market participants by telephone, Rotstein impersonated clients, thereby misleading the employee of the market participant and the market participant itself as to his true identity.

Rotstein’s Disciplinary History While a Registrant

8. Rotstein resides in Toronto, Ontario. He was registered under the Securities Act from February 1997 until April 2011,

and from July 2011 until July 2012. 9. While he was a registrant, Rotstein was named in two disciplinary proceedings brought by the Investment Industry

Regulatory Organization of Canada (“IIROC”). 10. Rotstein worked for RBC Dominion Securities Inc. (“RBC DS”) from February 1997 until April 2011. By the spring of

2011, while still employed by RBC DS, Rotstein had about 2000 client accounts, with assets valued at about $500,000,000.

11. Rotstein was terminated for cause by RBC DS on April 5, 2011. IIROC brought a proceeding stemming from Rotstein’s

conduct while at RBC DS. 12. Meanwhile, Rotstein had joined Scotia Capital Inc. (“Scotia Capital”) in April 2011. Many of Rotstein’s RBC DS clients

moved their business to Scotia Capital. Rotstein was subject to close supervision at Scotia Capital as a term of his reactivated registration.

13. While still employed at Scotia Capital, Rotstein settled the IIROC proceeding and admitted that he had engaged in a

practice, for over a decade, of signing client names and passing those signatures off as the clients’ on account and investment documents, in dozens and potentially hundreds of instances. An IIROC hearing panel accepted the settlement agreement on April 18, 2012. Among other things, Rotstein paid a fine of $250,000.

14. Rotstein resigned from Scotia Capital on July 10, 2012, which resulted in the automatic suspension of his registration.

IIROC then brought another proceeding. Rotstein settled this second IIROC proceeding, and admitted that in June 2012, he had entered a trade for a client without the client’s knowledge or authorization, contrary to IIROC Dealer Member Rule 29.1.

15. An IIROC hearing panel accepted the settlement agreement on July 3, 2014. Among other things, Rotstein was

prohibited from registering with IIROC for a period of 18 months and, in the event that his registration was reactivated, he agreed he would be subject to strict supervision and to terms and conditions regarding his record keeping. As a result, Rotstein was not eligible for registration until January 3, 2016 at the earliest.

Rotstein Incorporates EQ and They Trade and Advise Unlawfully Outside of the Registration Regime

16. Rotstein incorporated EQ on October 29, 2012. Rotstein is the founder, owner and directing mind of EQ, as well as its

sole director, officer and employee. Rotstein is responsible for all activities undertaken by EQ. EQ has never been registered under the Securities Act.

17. Rotstein created a website for EQ, and described the company as being “in the business of partnering with individuals

and families to help ensure financial and personal balance in their lives, delivered through a ‘Family Office [which] acts as a trusted advisor to families and individuals.’”

18. From the incorporation of EQ on October 29, 2012 and through the Material Time, Rotstein and EQ obtained

approximately 40 clients. The services that Rotstein and EQ provided to these clients included the following:

(a) providing financial planning advice to families and individuals, including overseeing various aspects of their financial affairs;

(b) assisting families and individuals with retirement planning and budgeting; (c) providing cash flow planning and analysis; (d) referring clients to and working with clients in conjunction with a range of professional advisors; and (e) providing estate and succession planning and multi-generational education services.

19. In addition, during the Material Time, Rotstein and EQ traded on behalf of and advised certain of EQ’s clients by,

among other things:


April 13, 2017

(2017), 40 OSCB 3427

(a) recommending that clients open self-directed investment accounts; (b) assisting clients with the investment account opening process; (c) accessing clients’ investment accounts; (d) preparing investment planning reports for clients; (e) offering an opinion about an issuer or its securities; (f) making recommendations about an investment in an issuer or its securities; (g) communicating with market participants in order to execute buy and sell orders for clients, and to obtain and

provide information about clients and their investments; and (h) in certain instances, exercising de facto discretionary authority over client investment accounts.

20. Rotstein suggested to certain clients that they set up self-directed investment accounts if they so desired and if their

personal financial circumstances so warranted. Rotstein requested that certain of these clients provide him with information, including their date of birth, social insurance number and their passwords, which he could use to access their accounts, and these clients agreed to do so and did in fact provide this information. On many occasions, telephonic communications with employees of market participants were required, and when communicating with employees of market participants by telephone, Rotstein impersonated clients, thereby misleading the employee of the market participant and the market participant itself as to his true identity.

21. In certain instances, Rotstein also engaged in trading and advising when clients maintained a trading or advising

relationship with a registered dealing representative. For example, Rotstein recommended the purchase or sale of specific securities to an EQ client, who in turn communicated those trading instructions to a registered dealing representative.

22. During the Material Time, Rotstein and EQ conducted a significant number of transactions for and with clients, of which

the majority were carried out electronically, with the remainder carried out by telephone. The settlement value of these transactions was approximately $14,450,000.

23. Rotstein and EQ charged clients for the services that they provided, including in respect of unregistered trading and

advising. The fee arrangements varied among clients, but mainly consisted of an annual retainer. The Respondents’ Position

24. The Respondents assert that the following facts are true, and Staff take no issue with those facts. The parties agree

that these are relevant and mitigating factors:

(a) The respondents’ breaches of Ontario securities laws did not result in any investor losses. (b) None of Rotstein’s or EQ’s clients raised any concerns or complaints with Rotstein or EQ about the activities

in their accounts. (c) Neither Rotstein nor EQ benefitted from carrying out the trading and advising at issue, other than through the

receipt of fees as described at paragraph 23, which fees were not dependent on the amount or volume of the client’s trading activities.

(d) The total monetary payment of $275,000 under this Settlement Agreement is considerably greater than

Rotstein’s or EQ’s annual income. (e) Rotstein and EQ cooperated with Staff’s investigation. (f) Rotstein acknowledges the seriousness of his misconduct and expresses remorse.

PART IV – BREACHES OF ONTARIO SECURITIES LAW AND CONDUCT CONTRARY TO THE PUBLIC INTEREST

25. During the Material Time, without being registered to do so, Rotstein and EQ engaged in the business of trading in

securities and engaged in the business of advising with respect to investing in, buying or selling securities, and as such, breached subsections 25(1) and (3) of the Securities Act.


April 13, 2017

(2017), 40 OSCB 3428

26. Further, Rotstein authorized, permitted or acquiesced in EQ’s non-compliance with Ontario securities law and as such is deemed to have not complied with Ontario securities law pursuant to section 129.2 of the Securities Act.

27. Rotstein’s and EQ’s misconduct was contrary to the public interest and harmful to the integrity of Ontario’s capital

markets. One of the stated purposes of the Securities Act is that investors should be protected from unfair and improper practices. Further, it is a fundamental principle of the legislation that high standards of fitness and business conduct are maintained, in order to ensure honest and responsible conduct by market participants. The primary means by which this is achieved is through registration under the Securities Act. Throughout the Material Time, Rotstein and EQ did not comply with the registration requirements of the Securities Act, thereby avoiding any regulatory oversight, and depriving their clients of the protections to which they were entitled.

PART V – TERMS OF SETTLEMENT

28. The Respondents agree to the terms of settlement set out below, and to an order in substantially the form attached

hereto, made pursuant to subsection 127(1) and section 127.1 of the Securities Act that:

(a) this Settlement Agreement is approved; (b) pursuant to paragraphs 2 and 2.1 of subsection 127(1) of the Securities Act, the Respondents will be


i. trades or acquisitions in Rotstein’s registered retirement savings plan account; ii. trades or acquisitions in the registered education savings plan accounts of Rotstein’s children; iii. the exercise of an election to convert a debenture into 300,000 common shares of EQ Inc., an entity


iv. the subsequent sale of the Common Shares;

(c) any proceeds from the sale of the Common Shares shall be paid to the Commission forthwith, to the extent of

any outstanding amount described in subparagraphs (i) and (j), and shall be applied to such outstanding amount;

(d) pursuant to paragraph 3 of subsection 127(1) of the Securities Act, any exemptions contained in Ontario

securities law do not apply to each of the Respondents for a period of 10 years; (e) pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Securities Act, Rotstein resign all positions


(f) pursuant to paragraph 8 of subsection 127(1) of the Securities Act, Rotstein be prohibited, for a period of 10

years, from becoming or acting as a director or officer of any issuer, except in respect of EQ, so long as EQ is not a reporting issuer and does not engage in any business that is subject to regulation under the Securities Act;

(g) pursuant to paragraphs 8.2 and 8.4 of subsection 127(1) of the Securities Act, Rotstein be prohibited, for a


(h) pursuant to paragraph 8.5 of subsection 127(1) of the Securities Act, each of Rotstein and EQ be prohibited,

for a period of 15 years, from becoming or acting as a registrant, an investment fund manager or a promoter; (i) pursuant to paragraph 9 of subsection 127(1) of the Securities Act, Rotstein and EQ be required to pay an

administrative penalty of $265,000, jointly and severally, according to the terms set out in paragraph 29, which amount will be designated for allocation or for use by the Commission pursuant to subsection 3.4(2)(b)(i) or (ii) of the Securities Act; and

(j) pursuant to section 127.1 of the Securities Act, Rotstein and EQ be required to pay $10,000 in respect of

Staff’s costs, for which they shall be jointly and severally liable.


April 13, 2017

(2017), 40 OSCB 3429

29. In regard to the payments ordered at subparagraphs 28(i) and (j) above, Rotstein and EQ shall be jointly and severally liable to make payments in the form of certified cheques or bank drafts payable to the Commission as follows:

(a) $55,000 payable before the commencement of the hearing by the Commission to approve this Settlement

Agreement, which amount shall be returned to Rotstein and EQ forthwith if the Commission does not approve this Settlement Agreement at the hearing;

(b) subsequent annual payments as necessary until the full amount is paid, as follows:

i. $55,000 payable on or before April 11, 2018; ii. $55,000 payable on or before April 11, 2019; iii. $55,000 payable on or before April 11, 2020; iv. $55,000 payable on or before April 11, 2021


30. Notwithstanding the Payment Plan set out in paragraph 29 above, in the event that Rotstein and/or EQ fail to comply

with any of the terms of the Payment Plan, the unpaid balance of all of the amounts set out in subparagraphs 28(i) and (j) shall become payable and enforceable immediately, along with interest from the date of the Commission’s order approving the Settlement Agreement, in accordance with section 129 of the Courts of Justice Act RSO 1990, c. C-43,

as amended. 31. The sanctions in subparagraphs 28 (b)-(h) shall continue in force without any limitation as to time period until the entire

amounts owing under subparagraphs 28(i) and (j) are paid in full, including interest as described in paragraph 30, if applicable.

32. Pursuant to subsection 127(2) of the Securities Act, the Respondents shall send all current and former EQ clients a

letter, enclosing the signed Settlement Agreement and the order of the Commission approving the Settlement Agreement, in the form attached hereto as Schedule “B”.

33. The Respondents undertake to consent to a regulatory order made by any provincial or territorial securities regulatory

authority in Canada containing any or all of the sanctions set out in paragraphs 28-32 above. These sanctions may be modified to reflect the provisions of the relevant provincial or territorial securities law.

PART VI – STAFF COMMITMENT

34. If the Commission approves this Settlement Agreement, Staff will not commence any proceeding under Ontario

securities law against the Respondents in relation to the facts set out in Part III of this Settlement Agreement, subject to the provisions of paragraph 35 below.

35. If the Commission approves this Settlement Agreement and Rotstein and/or EQ fail to comply with any of the terms of

the Settlement Agreement, Staff may bring proceedings under Ontario securities law against Rotstein and/or EQ. These proceedings may be based on, but not limited to, the facts set out in Part III of this Settlement Agreement, as well as the breach of the Settlement Agreement.

PART VII – PROCEDURE FOR APPROVAL OF SETTLEMENT

36. The parties will seek approval of this Settlement Agreement at a public hearing before the Commission scheduled for

April 11, 2017, or on another date agreed to by Staff and the Respondents, according to the procedures set out in this Settlement Agreement and the Commission’s Rules of Procedure.

37. Staff and the Respondents agree that this Settlement Agreement will form all of the agreed facts that will be submitted

at the settlement hearing on the Respondents’ conduct, unless the parties agree that additional facts should be submitted at the settlement hearing.

38. If the Commission approves this Settlement Agreement, the Respondents agree to waive all rights to a full hearing,

judicial review or appeal of this matter under the Securities Act.

39. If the Commission approves this Settlement Agreement, the Respondents will not make any public statement that is

inconsistent with this Settlement Agreement or with any additional agreed facts submitted at the settlement hearing.


April 13, 2017

(2017), 40 OSCB 3430

40. Whether or not the Commission approves this Settlement Agreement, the Respondents will not use, in any proceeding, this Settlement Agreement or the negotiation or process of approval of this Settlement Agreement as the basis for any attack on the Commission’s jurisdiction, alleged bias, alleged unfairness, or any other remedies or challenges that may otherwise be available.

PART VIII – DISCLOSURE OF SETTLEMENT AGREEMENT

41. If the Commission does not approve this Settlement Agreement or does not make an order in substantially the form

attached as Schedule “A” to this Settlement Agreement:

(a) this Settlement Agreement and all discussions and negotiations between Staff and the Respondents before the settlement hearing takes place will be without prejudice to Staff and the Respondents; and

(b) Staff and the Respondents will each be entitled to all available proceedings, remedies and challenges,

including proceeding to a hearing of the allegations contained in the Statement of Allegations. Any proceedings, remedies and challenges will not be affected by this Settlement Agreement, or by any discussions or negotiations relating to this Settlement Agreement.

42. The parties shall keep the terms of this Settlement Agreement confidential until the Commission approves this

Settlement Agreement, subject to the parties’ need to make submissions at the public settlement hearing. PART IX – EXECUTION OF SETTLEMENT AGREEMENT

43. The parties may sign separate copies of this Settlement Agreement. Together, these signed copies will form a binding

agreement. 44. A facsimile or other electronic copy of any signature will be as effective as an original signature. Dated this 3rd day of April, 2017 “Mark Steven Rotstein”

on behalf of himself and Equilibrium Partners Inc.

“Jeff Kehoe”

Director, Enforcement Branch


April 13, 2017

(2017), 40 OSCB 3431

Schedule “A”



AND


ORDER

WHEREAS:

1. on February 29, 2016, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing

pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Securities Act”) in relation to the Statement of Allegations filed by Staff of the Commission (“Staff”) on February 29, 2016 with respect to Mark Steven Rotstein (“Rotstein”) and Equlibrium Partners Inc. (“EQ”) (collectively, the “Respondents”);

2. the Respondents entered into a Settlement Agreement with Staff dated [DATE], 2017 (the “Settlement

Agreement”) in relation to the matters set out in the Statement of Allegations; and 3. the Commission issued a Notice of Hearing dated April [DATE], 2017 setting out that it proposed to consider

the Settlement Agreement; AND UPON reviewing the Settlement Agreement, the Notice of Hearing, the Statement of Allegations and upon

considering submissions from Respondents’ counsel and from Staff of the Commission;

AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;


(a) this Settlement Agreement is approved; (b) pursuant to paragraphs 2 and 2.1 of subsection 127(1) of the Securities Act, the Respondents will be


i. trades or acquisitions in Rotstein’s registered retirement savings plan account; ii. trades or acquisitions in the registered education savings plan accounts of Rotstein’s children; iii. the exercise of an election to convert a debenture into 300,000 common shares of EQ Inc., an entity


iv. the subsequent sale of the Common Shares;

(c) any proceeds from the sale of the Common Shares shall be paid to the Commission forthwith, to the extent of

any outstanding amount described in subparagraphs (i) and (j), and shall be applied to such outstanding amount;

(d) pursuant to paragraph 3 of subsection 127(1) of the Securities Act, any exemptions contained in Ontario

securities law do not apply to each of the Respondents for a period of 10 years; (e) pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Securities Act, Rotstein resign all positions



April 13, 2017

(2017), 40 OSCB 3432

(f) pursuant to paragraph 8 of subsection 127(1) of the Securities Act, Rotstein be prohibited, for a period of 10 years, from becoming or acting as a director or officer of any issuer, except in respect of EQ, so long as EQ is not a reporting issuer and does not engage in any business that is subject to regulation under the Securities Act;

(g) pursuant to paragraphs 8.2 and 8.4 of subsection 127(1) of the Securities Act, Rotstein be prohibited, for a


(h) pursuant to paragraph 8.5 of subsection 127(1) of the Securities Act, each of Rotstein and EQ be prohibited,

for a period of 15 years, from becoming or acting as a registrant, an investment fund manager or a promoter; (i) pursuant to paragraph 9 of subsection 127(1) of the Securities Act, Rotstein and EQ be required to pay an

administrative penalty of $265,000, jointly and severally, according to the terms set out in paragraph (k), which amount will be designated for allocation or for use by the Commission pursuant to subsection 3.4(2)(b)(i) or (ii) of the Securities Act;

(j) pursuant to section 127.1 of the Securities Act, Rotstein and EQ shall pay $10,000 in respect of Staff’s costs,

for which they shall be jointly and severally liable; (k) in regard to the payments ordered at subparagraphs (i) and (j) above, Rotstein and EQ shall be jointly and

severally liable to make payments in the form of certified cheques or bank drafts payable to the Commission as follows:

a. $55,000 payable before the commencement of the hearing by the Commission to approve this

Settlement Agreement, which amount shall be returned to Rotstein and EQ forthwith if the Commission does not approve this Settlement Agreement at the hearing;

b. subsequent annual payments as necessary until the full amount is paid, as follows:

i. $55,000 payable on or before April 11, 2018; ii. $55,000 payable on or before April 11, 2019; iii. $55,000 payable on or before April 11, 2020; iv. $55,000 payable on or before April 11, 2021


(l) notwithstanding the Payment Plan, in the event that Rotstein and/or EQ fail to comply with any of the terms of

the Payment Plan, the unpaid balance of all of the amounts set out in subparagraphs (i) and (j) shall become payable and enforceable immediately, along with interest from the date of the Commission’s order approving the Settlement Agreement, in accordance with section 129 of the Courts of Justice Act RSO 1990, c. C-43, as amended;

(m) the sanctions in subparagraphs (b)-(h) shall continue in force without any limitation as to time period until the

entire amounts owing under subparagraphs (i) and (j) are paid in full, including interest as described in subparagraph (l), if applicable; and

(n) pursuant to subsection 127(2) of the Securities Act, the Respondents shall send all current and former EQ

clients a letter, enclosing the signed Settlement Agreement and the order of the Commission approving the Settlement Agreement in the form attached hereto as Schedule “A”.

DATED at Toronto, Ontario this 11th day of April, 2017.


April 13, 2017

(2017), 40 OSCB 3433

Schedule “B”

Letter to Current and Former Clients

I, along with my company, Equilibrium Partners Inc. (“EQ”), were named in an enforcement proceeding brought by Staff

of the Ontario Securities Commission. On [DATE], 2017, EQ and I entered into a settlement with Staff, in which we admitted that we traded securities and advised without registration, and thereby breached subsections 25(1) and (3) of the Securities Act. We also admitted that we acted contrary to the public interest. We broke securities laws by, among other things, trading on your behalf and on other clients’ behalves. On certain occasions, I impersonated my clients in dealing with market participants, such as online brokers, in order to carry out these trades, and thereby misled those market participants while conducting activity for which I, and my company EQ, should have been registered.

On April 11, 2017, the Ontario Securities Commission approved the settlement, and issued an Order. I attach copies of the Settlement Agreement and the Order for your review. Among other things, the Order requires me to stop trading and advising for a period of 10 years, and to not act as a registrant, investment fund manager or promoter for a period of 15 years, at which time, if I wish to become registered under Ontario securities laws, I will have to apply to the Commission and obtain registration. This means that I cannot recommend securities or derivatives to you, execute buy or sell orders for you, or assist you in any way in dealing with securities and derivatives. Please see paragraph 19 of the Agreement for a list of tasks I can no longer perform for you. This list is not exhaustive.

This letter and its attachments are provided to you as part of my settlement with Staff of the Ontario Securities Commission.


April 13, 2017

(2017), 40 OSCB 3434

This page intentionally left blank

April 13, 2017

(2017), 40 OSCB 3435

Chapter 3

Reasons: Decisions, Orders and Rulings

3.1 OSC Decisions, Orders and Rulings 3.1.1 Sentry Investments Inc. and Sean Driscoll

IN THE MATTER OF SENTRY INVESTMENTS INC. AND

SEAN DRISCOLL

ORAL REASONS FOR APPROVAL OF A SETTLEMENT

Hearing: April 5, 2017

Decision: April 5, 2017

Panel: Philip Anisman – Commissioner and Chair of the Panel

Appearances: Michelle Vaillancourt – For Staff of the Commission

Jennifer Lynch –

Evan Rankin (Student-at-law)

–

Linda Fuerst – For Sentry Investments Inc.

Laura Paglia – For Sean Driscoll

ORAL REASONS AND DECISION

The following reasons have been prepared for publication in the Ontario Securities Commission Bulletin, based on the reasons delivered orally in the hearing as edited and approved by the panel, to provide a public record. [1] I shall approve this Settlement Agreement and make an order in the terms it contemplates. [2] The Settlement Agreement resolves a proceeding that raises serious regulatory issues of two types. The first is sales practices that may adversely affect investors and investor confidence in the integrity of our markets. The proceeding is based on failures to comply with National Instrument 81-105 – Mutual Fund Sales Practices, (1998) 21 OSCB 2713 (“National Instrument 81-105”), which limits payments and gifts by mutual funds to registered dealers and their representatives who sell the funds’ securities. Such payments and gifts may influence registered representatives to consider factors other than the best interests of their clients when recommending investments to them. National Instrument 81-105 was adopted to prohibit payments and gifts that are likely to have this effect in an attempt to ensure that registered representatives who sell mutual funds act in the best interests of their clients on the basis of the clients’ investment objectives and circumstances and the merits of the investments they recommend, without being influenced by conflicting monetary or other inducements. [3] The second issue addressed in this proceeding is the obligation of all registrants to ensure that their business is operated in compliance with their regulatory obligations by establishing internal supervisory procedures, controls and recordkeeping practices that are appropriate to their business. [4] This is the first Commission proceeding that addresses sales practices involving prohibited payments and gifts made by an investment fund manager and the systemic supervisory failures that permitted them. The seriousness of the conduct admitted by the respondents in the Settlement Agreement is reflected in the sanctions they agreed to. These include a significant administrative fine paid by Sentry Investments Inc. and a ban on acting in a senior position with a registrant agreed to by Mr. Driscoll. [5] These sanctions, albeit serious, are not necessarily the sanctions that might have been imposed by a panel, had this matter proceeded to a hearing on the merits in which Commission Staff were successful in proving their case. A settlement is based on the facts admitted by the respondents and agreed to by Staff, which may or may not be the facts that a Commission


April 13, 2017

(2017), 40 OSCB 3436

panel would find after a contested hearing on the merits. Even on the same facts, a panel might impose a different sanction, as in a sanctions hearing a panel must impose the sanction it considers to be correct. [6] But this is a settlement hearing convened to consider a settlement agreement. A settlement will be approved if the sanctions agreed to by the parties are within a reasonable range of appropriateness in light of the admitted facts, recognizing and taking into account the settlement process and its benefits. A settlement reached early in a proceeding reduces the costs required to conduct a lengthy hearing and permits the Commission’s resources, including Staff time, that would otherwise have been expended to be directed to other matters, increasing the Commission’s overall enforcement capabilities. [7] The resolution of proceedings through settlements thus benefits the Commission, the regulatory process, investors, and the securities markets generally, as well as respondents who are able to put a matter of this nature behind them and move on with their business. [8] Settlement agreements also enable enforcement Staff to obtain resolutions that include remediation and establish procedures to ensure that respondents conduct their business in compliance with their regulatory obligations. Both further the Commission’s mandate; it has long been accepted that the purpose of the Commission’s sanctioning authority is not to punish, but to protect investors and our markets. Sanctions imposed by the Commission are intended to deter, both specifically and generally, future conduct that may contravene Ontario securities law or be inconsistent with the public interest. [9] Although the conduct admitted in this Settlement Agreement was serious, there is no need to describe it in detail here. The Settlement Agreement will become a public document and will speak for itself. It may be useful, however, to address from the perspective of the Commission’s protective role the reasons that approval of this settlement and imposition of the agreed sanctions are in the public interest. [10] Neither respondent has a disciplinary history with the Commission and both cooperated with Staff’s investigation of the conduct described in the Settlement Agreement. [11] Sentry’s acceptance of responsibility for its sales and supervisory practices is reflected in the fine to which it has agreed, which in light of our precedents is significant. More important, although it did not self-report, Sentry’s response to these issues, once identified by Commission Staff, has been proactive. It supported the appointment of a special committee of the independent directors of its parent corporation, Sentry Investments Corp., who conducted their own investigation, reported the results to Commission Staff, and retained an independent compliance consultant approved by Staff to review Sentry’s sales and supervisory practices, procedures and controls, subject to Staff oversight. Sentry has committed to adopt the consultant’s recommendations, again subject to Staff approval and oversight. [12] The Sentry organization has made other changes to its governance structure, which will continue to be monitored by the independent directors of Sentry’s parent corporation, as provided in the Settlement Agreement and the Undertaking of Sentry that is attached to it, which Undertaking will become a part of the Commission’s Order. Such remediation is an important component of this Settlement Agreement, as it institutionalizes a process to ensure compliance as part of Sentry’s organizational structure. This is a significant reason for finding that approval of the Settlement Agreement is in the public interest. [13] The sanctions agreed to by Mr. Driscoll serve the same purposes. His payment of $100,000 to Sentry as reparation for his conduct and the orders prohibiting him from acting as a director or officer of Sentry and its affiliates until he has sat isfactorily completed courses on regulatory compliance should serve to prevent repetition of his conduct. They may also deter others who are in similar positions from engaging in such conduct. [14] The orders to be made today include a reprimand of both Sentry and Mr. Driscoll. In some circumstances, a reprimand may be the mildest form of sanction available to the Commission. In others, a reprimand can reflect recognition and acceptance of responsibility by the parties who receive it. This is such a case. [15] Mr. Driscoll’s agreement to be reprimanded demonstrates a recognition of his responsibilities as a registrant and as an officer of a registrant in that it goes beyond a mere payment of money and requires him to stand and publicly acknowledge responsibility for his conduct. Mr. Driscoll, please stand. With that in mind, Mr. Driscoll, I have asked you to stand to receive this reprimand, which you may consider administered. Thank you, Mr. Driscoll, you may be seated. [16] A reprimand for Sentry raises more difficult issues in view of the fact that Sentry is a corporation, which, while having responsibilities as a registrant, is a fictional person. As Lord Chancellor Thurlow said in the eighteenth century, it “has no soul to be damned, and no body to be kicked.” But the Commission’s enforcement goals are not to damn or otherwise punish. [17] The activities of corporations are conducted by individuals. A reprimand administered to a person who is responsible for the conduct of a corporation may reflect an acknowledgement of organizational responsibility that contributes to a culture of compliance, which, it is trite to say, begins at the top of an organization and only then may permeate the procedures and


April 13, 2017

(2017), 40 OSCB 3437

practices that the organization adopts to ensure regulatory compliance and fairness for investors. With this in mind, I ask the representative of Sentry to stand and identify himself and his position. [Philip Yuzpe, Chief Executive Officer and Ultimate Designated Person of Sentry Investments Inc.] [18] Mr. Yuzpe, I understand you were recently appointed to your position as CEO and UDP of Sentry and were not personally responsible for the conduct described in the Settlement Agreement. You are neither named in it nor a party to these proceedings. As a result, your receipt of Sentry’s reprimand has a symbolic aspect that, I suggest, is important for an effective culture of compliance. Mr. Yuzpe, I am obligated to and I now administer to you, as the chief executive officer of Sentry, the reprimand required by the order to which Sentry agreed. [19] I have approved the Settlement Agreement. I shall sign the Order, with the change agreed by the parties in the hearing. The Registrar will provide copies to the parties. [20] With that, I thank both respondents’ counsel and Staff counsel for achieving this Settlement Agreement and for your very helpful submissions in the two settlement conferences that preceded this hearing and in this hearing. The hearing is now concluded. DATED at Toronto this 5th day of April, 2017.

“Philip Anisman”


April 13, 2017

(2017), 40 OSCB 3438


April 13, 2017

(2017), 40 OSCB 3439

Chapter 4

Cease Trading Orders

4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders

Company Name Date of Temporary Order

Date of Hearing

Date of Permanent Order

Date of Lapse/Revoke

THERE IS NOTHING TO REPORT THIS WEEK. Failure to File Cease Trade Orders

Company Name Date of Order Date of Revocation

Orsu Metals Corp. 06-April-2017

Petromin Resources Ltd. 10-April-2017

THERE IS NOTHING TO REPORT THIS WEEK. 4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders

Company Name Date of Order or Temporary Order

Date of Hearing


Date of Lapse/ Expire

Date of Issuer Temporary Order

THERE IS NOTHING TO REPORT THIS WEEK. 4.2.2 Outstanding Management & Insider Cease Trading Orders

Company Name Date of Order or Temporary Order

Date of Hearing


Date of Lapse/ Expire

Date of Issuer

Temporary Order

Performance Sports Group Ltd.

19 October 2016 31 October 2016 31 October 2016

Cease Trading Orders

April 13, 2017

(2017), 40 OSCB 3440


April 13, 2017

(2017), 40 OSCB 3441

Chapter 5

Rules and Policies

5.1.1 CSA Staff Notice 11-335 Notice of Local Amendments and Changes in Certain Jurisdictions

CSA Staff Notice 11-335 Notice of Local Amendments and Changes in Certain Jurisdictions

April 13, 2017

From time to time, a local jurisdiction may amend a national or multilateral instrument or change a policy or companion policy that affects activity only in that jurisdiction. The CSA recognize that such a local amendment or change may nonetheless be of interest or importance beyond the local jurisdiction and CSA staff are issuing this Notice to identify amendments and changes implemented in Alberta, New Brunswick, Nova Scotia, Nunavut, Saskatchewan and Yukon. For public convenience, CSA members in other jurisdictions will update the text of the applicable material on their websites to reflect these local amendments and changes. The local amendments and changes referred to in this notice comprise those shown in Annexes A to G of this notice from Alberta, New Brunswick, Nova Scotia and Saskatchewan to:

Multilateral Instrument 11-102 Passport System,

National Instrument 14-101 Definitions,

National Instrument 21-101 Marketplace Operation,

National Instrument 23-102 Use of Client Brokerage Commissions,

National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations,

Companion Policy 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, and

National Instrument 55-104 Insider Reporting Requirements and Exemptions.

There are further local amendments comprising those in Annexes H and I of this notice. These local amendments are to the following instruments:

Multilateral Instrument 11-102 Passport System (Nunavut and Yukon),

National Instrument 33-109 Registration Information, National Instrument 45-102 Resale of Securities, National Instrument 45-106 Prospectus Exemptions and National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (all Nunavut only), and

National Instrument 55-102 System for Electronic Disclosure by Insiders (SEDI) (Nunavut and New Brunswick).

The text of rule and policy consolidations on the websites of CSA members will be updated, as necessary, to reflect these local amendments and changes. For further background on Annexes A to G, see CSA Multilateral Notice of Amendments to Certain National, Multilateral and Local Instruments and Changes to Companion Policy 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations related to Derivatives Regulation in Alberta, New Brunswick, Nova Scotia and Saskatchewan (October 6, 2016). You may direct questions regarding this Notice to:

Rules and Policies

April 13, 2017

(2017), 40 OSCB 3442

Kari Horn Alberta Securities Commission Tel: 403-297-4698 [email protected] Sylvia Pateras Autorité des marchés financiers Tel: 514-395-0337, extension 2536 [email protected] Chris Besko The Manitoba Securities Commission Tel: 204-945-2561 [email protected] Simon Thompson Ontario Securities Commission Tel: 416-593-8261 [email protected] Susan Powell Financial and Consumer Services Commission (New Brunswick) Tel: 506-643-7697 [email protected] Sonne Udemgba Financial and Consumer Affairs Authority of Saskatchewan Tel: 306-787-5879 [email protected]

Steven Dowling Securities Division, Prince Edward Island Tel: 902-368-4551 [email protected] H. Jane Anderson Nova Scotia Securities Commission Tel: 902-424-0179 [email protected] Jeff Mason Office of Superintendent of Securities, Nunavut Tel: 867-975-6591 [email protected] Rhonda Horte Office of the Yukon Superintendent of Securities Tel: 867-667-5466 [email protected] John O’Brien, Superintendent of Securities Office of the Superintendent of Securities, Service NL Tel: (709) 729-4909 [email protected] Thomas Hall Department of Justice Government of the Northwest Territories Tel: (867) 767-9260 ext. 82180 [email protected]

Rules and Policies

April 13, 2017

(2017), 40 OSCB 3443

ANNEX A

Local Amendments to Multilateral Instrument 11-102 Passport System in Alberta, New Brunswick, Nova Scotia and Saskatchewan

Appendix D of Multilateral Instrument 11-102 Passport System is amended as follows:

(a) in respect of the row entitled “Trading exchange contracts on an exchange in jurisdiction” by replacing

(i) under the column titled “Alberta” replacing “s.106 & 107” with “n/a”,

(ii) under the column titled “Saskatchewan” replacing “s.40” with “n/a”, and (iii) under the column titled “New Brunswick” replacing “s.70.1” with “n/a”, and

(b) in respect of the row entitled “Trading exchange contracts on an exchange outside jurisdiction” by

replacing

(i) under the column titled “Alberta” replacing “s.108 & 109” with “n/a”, (ii) under the column titled “Saskatchewan” replacing “s.41” with “n/a”, and (iii) under the column titled “New Brunswick” replacing “s.70.2” with “n/a”.

These amendments became effective in Alberta, New Brunswick and Nova Scotia on February 1, 2017 and in Saskatchewan on February 8, 2017.

Rules and Policies

April 13, 2017

(2017), 40 OSCB 3444

ANNEX B

Local Amendments to National Instrument 14-101 Definitions in Alberta, New Brunswick, Nova Scotia and Saskatchewan

Subsection 1.1(3) of National Instrument 14-101 Definitions is amended by adding the following definition:

“exchange contract” means, in Alberta, New Brunswick, Nova Scotia and Saskatchewan, a derivative: (a) that is traded on an exchange; (b) that has standardized terms and conditions determined by that exchange; and (c) for which a clearing agency substitutes, through novation or otherwise, the credit of the clearing agency for the

credit of the parties to the derivative..


Rules and Policies

April 13, 2017

(2017), 40 OSCB 3445

ANNEX C

Local Amendments to National Instrument 21-101 Marketplace Operation in Alberta, New Brunswick, Nova Scotia and Saskatchewan

Section 1.4 of National Instrument 21-101 Marketplace Operation is amended by adding the following subsection:

(4) In Alberta, New Brunswick, Nova Scotia and Saskatchewan, the term “security”, when used in this Instrument, includes an option that is an exchange contract..


Rules and Policies

April 13, 2017

(2017), 40 OSCB 3446

ANNEX D

Local Amendments to National Instrument 23-102 Use of Client Brokerage Commissions in Alberta, New Brunswick, Nova Scotia and Saskatchewan

Section 1.2 of National Instrument 23-102 Use of Client Brokerage Commissions is replaced with the following:

1.2 Interpretation – Security

For the purposes of this Instrument,

(a) in British Columbia, “security” includes an exchange contract; (b) in Quebec, “security” includes a standardized derivative, and (c) in Alberta, New Brunswick, Nova Scotia and Saskatchewan, “security” includes a derivative..


Rules and Policies

April 13, 2017

(2017), 40 OSCB 3447

ANNEX E

Local Amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations in Alberta, New Brunswick, Nova Scotia and

Saskatchewan

1. Section 1.2 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant

Obligations is replaced with the following:

1.2 Interpretation of “Securities” in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan

(1) In British Columbia, a reference to “securities” in this Instrument includes “exchange contracts”,

unless the context otherwise requires. (2) In Alberta, New Brunswick, Nova Scotia and Saskatchewan, a reference to “securities” in this

Instrument includes “derivatives”, unless the context otherwise requires..

2. Section 8.2 is amended by

(a) adding “, Nova Scotia” before “and Saskatchewan” in the heading, (b) replacing subsection (1) with the following:

Despite section 1.2, in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan, a reference to “securities” in this Division excludes “exchange contracts”., and

(c) in Alberta, repealing subsection (2).


(a) adding “, Nova Scotia” before “and Saskatchewan” in the heading, (b) replacing subsection (1) with the following:

In Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan, the dealer registration requirement does not apply to a person or company in respect of a trade in an exchange contract by the person or company if one of the following applies:

(a) the trade is made through a registered dealer, if the dealer is registered in a category that permits the

trade unless, in furtherance of the trade, the person or company seeking the exemption solicits or contacts directly any purchaser or prospective purchaser in relation to the trade;

(b) the trade is made to a registered dealer who is purchasing as principal, if the dealer is registered in a

category that permits the trade., and

(c) in Alberta, repealing subsection (1.1).

4. Section 8.20.1 is amended by

(a) adding “, Nova Scotia” before “and Saskatchewan” in the heading,

(b) replacing subsection (1) with the following:

In Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan, the dealer registration requirement does not apply to a registered adviser, or an advising representative or associate advising representative acting on behalf of the registered adviser, in respect of trading activities related to exchange contracts that are incidental to its providing advice to a client, if the trade is made through a dealer registered in a category that permits the trade or a dealer operating under an exemption from the dealer registration requirement., and

(c) in Alberta, repealing subsection (1.1).

Rules and Policies

April 13, 2017

(2017), 40 OSCB 3448


(a) replacing subsection (1) with the following:

Despite section 1.2, in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan, a reference to “securities” in this section excludes “exchange contracts”., and

(b) in Alberta, repealing subsection (1.1).


Rules and Policies

April 13, 2017

(2017), 40 OSCB 3449

ANNEX F

Local Changes to Companion Policy 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations in Alberta, New Brunswick, Nova Scotia and Saskatchewan

Appendix B to Companion Policy 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations is changed as follows:

(a) the list entitled “Terms defined in National Instrument 14-101 Definitions” is changed by adding the following:

“exchange contract (AB, SK, NB and NS only)”; and (b) the list entitled “Terms defined in the Securities Act of most jurisdictions” is changed by replacing

“exchange contract (BC, AB, SK and NB only)” with “exchange contract (BC only)”. These changes became effective in Alberta, New Brunswick and Nova Scotia on February 1, 2017 and in Saskatchewan on February 8, 2017.

Rules and Policies

April 13, 2017

(2017), 40 OSCB 3450

ANNEX G

Local Amendments to National Instrument 55-104 Insider Reporting Requirements and Exemptions in Alberta, New Brunswick, Nova Scotia and Saskatchewan

Subsection 1.1(1) of National Instrument 55-104 Insider Reporting Requirements and Exemptions is amended in the definition of “derivative”

(a) in paragraph (a)

(i) by adding “Nova Scotia,” before “Nunavut”, and (ii) by adding “, Saskatchewan” before “and the Yukon Territory”, and

(b) in paragraph (b)

(i) by adding “Nova Scotia,” before “Nunavut”, and (ii) by adding “, Saskatchewan” before “and the Yukon Territory”.


Rules and Policies

April 13, 2017

(2017), 40 OSCB 3451

ANNEX H

Local Amendments to Multilateral Instrument 11-102 Passport System in Nunavut and Yukon

Appendix D of Multilateral Instrument 11-102 Passport System is amended under the subheading “Insider Reporting” by replacing “s.1 of Local Rule 55-501” in the columns pertaining to Nunavut and Yukon with “s. 104”. This amendment was effective in Nunavut on April 1, 2017 and in Yukon on April 30, 2010.

Rules and Policies

April 13, 2017

(2017), 40 OSCB 3452

ANNEX I

Other Local Amendments in Nunavut and New Brunswick

1. Schedule B to Form 33-109F2 of National Instrument 33-109 Registration Information, Schedule A to Form 33-

109F3 of that Instrument, Schedule O to Form 33-109F4 of that Instrument, Schedule A to Form 33-109F5 of that Instrument and Form 33-109F6 of that Instrument, and Schedule F to Form 33-109F7 of that Instrument are amended by replacing “Deputy Registrar of Securities” under the heading “Nunavut” with “Superintendent of Securities”.

2. Form 45-102F1 of National Instrument 45-102 Resale of Securities is amended by replacing “Director, Legal

Registries Division” under the heading “Department of Justice, Nunavut” with “Superintendent of Securities”. 3. National Instrument 45-106 Prospectus Exemptions is amended

(a) in Appendix A, by adding the following after the text pertaining to Nova Scotia and before the

text pertaining to Ontario:

NUNAVUT “contract”, “group”, “life insurance” and “policy” have the respective meanings assigned to them under the Insurance Act (Nunavut).

“insurance company” means an insurer as defined in the Insurance Act (Nunavut) that is licensed under that Act.; and

(b) in Appendix B, by adding the following after the text pertaining to Nova Scotia and before the text

pertaining to Ontario:

NUNAVUT Paragraph (c) of the definition of “distribution” in subsection 1(1) of the Securities Act (Nunavut).

4. Forms 55-102F1, 55-102F2, 55-102F3 and 55-102F6 of National Instrument 55-102 System for Electronic

Disclosure by Insiders (SEDI) are amended by

(a) replacing the contact information for Nunavut with the following:

Government of Nunavut Office of Superintendent of Securities P.O. Box 100, Station 570 1st Floor, Brown Building Iqaluit, Nunavut XOA OHO Contact person: Superintendent of Securities Tel: (867) 975-6590 Fax: (867) 975-6595 Email: [email protected]

(b) in the contact information for New Brunswick by replacing references to “New Brunswick Securities

Commission” with references to “Financial and Consumer Services Commission”.

5. Appendix D of National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider

Reporting Issues is amended by adding, in the row pertaining to Nunavut, “Section 11 of the Securities Act (Nunavut) and” before “Sections 1.8 and 1.9”.

Sections 3 and 5 became effective in Nunavut on April 1, 2017.

April 13, 2017

(2017), 40 OSCB 3453

Chapter 7

Insider Reporting

The following is a weekly summary of insider transactions by insiders of Ontario reporting issuers in SEDI ® (the System for

Electronic Disclosure by Insiders).1 The weekly summary contains insider transactions reported during the 7-day period ending

Sunday at 11:59 p.m. (i.e. the Sunday prior to the Bulletin Issue date).2

Guide to Codes

Relationship of Insider to Issuer (Rel=n)

1 Issuer 2 Subsidiary of Issuer 3 10% Security Holder of Issuer 4 Director of Issuer 5 Senior Officer of Issuer 6 Director or Senior Officer of 10% Security Holder 7 Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6) 8 Deemed Insider – 6 Months before becoming Insider

Nature of Transaction (T/O)

00 Opening Balance-Initial SEDI Report 10 Acquisition or disposition in the public market 11 Acquisition or disposition carried out privately 15 Acquisition or disposition under a prospectus 16 Acquisition or disposition under a prospectus exemption 22 Acquisition or disposition pursuant to a take-over bid, merger or acquisition 30 Acquisition or disposition under a purchase/ ownership plan 35 Stock dividend 36 Conversion or exchange 37 Stock split or consolidation 38 Redemption, retraction, cancellation, repurchase 40 Short sale 45 Compensation for property 46 Compensation for services 47 Acquisition or disposition by gift 48 Acquisition by inheritance or disposition by bequest 50 Grant of options 51 Exercise of options 52 Expiration of options 53 Grant of warrants 54 Exercise of warrants 55 Expiration of warrants 56 Grant of rights 57 Exercise of rights 59 Exercise for cash 70 Acquisition or disposition (writing) of third party derivative 71 Exercise of third party derivative 72 Other settlement of third party 73 Expiration of third party derivative 90 Change in nature of ownership 97 Other 99 Correction of Information

Note: The asterisk in the “Date/Month End Holding” column indicates the insider disagreed with the system calculated balance when the

transaction was reported.

1 SEDI® is a registered trademark owned by CDS INC.

2 ©CDS INC.

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3454

Issuer Name Security Insider Name Rel'n Transaction Date T/O Unit Price

Date/Month End Holdings

Acquired/ Disposed

360 Capital Financial Services Group Inc.

Options Schade, Ullrich George Thomas

4 03/04/2017 50 0.05 700,000 500,000

360 Capital Financial Services Group Inc.

Options Sutton, Brayden Robert 5 06/12/2016 00 625,000

5N Plus Inc. Common Shares 5N Plus Inc. 1 31/03/2017 38 1.9365 175,168 5,496




Abattis Bioceuticals Corp. Common Shares Dancosse, Guy 4 24/03/2017 46 0.12 1,059,621 750,000

Abattis Bioceuticals Corp. Common Shares Irving, James 4 24/03/2017 10 0.115 750,750 -60,000



Abattis Bioceuticals Corp. Common Shares Sorocco, Douglas 4 21/08/2012 46 0.08 300,000 250,000

Abitibi Royalties Inc. Common Shares Abitibi Royalties Inc. 1 01/03/2017 38 9.41 4,800 700

Abitibi Royalties Inc. Common Shares Abitibi Royalties Inc. 1 02/03/2017 38 9.2 6,100 1,300





Abitibi Royalties Inc. Common Shares Abitibi Royalties Inc. 1 31/03/2017 38 0 -9,300

ACTIVEnergy Income Fund Trust Units ACTIVEnergy Income Fund 1 31/03/2017 38 4.5275 34,413,880 800

AcuityAds Holdings Inc. Common Shares Kapcan, Rachel 5 31/03/2017 10 3.4 2,957,393 -333,333

AcuityAds Holdings Inc. Common Shares Mekuz, Nathan 5 31/03/2017 10 3.4 3,078,926 -333,334

AcuityAds Holdings Inc. Common Shares Ontman, Joe 4, 5 31/03/2017 10 3.4 3,233,204 -333,333

Advantage Oil & Gas Ltd. Rights Deferred Share Units

Angevine, Jill Terilee 4 31/03/2017 56 15,653 712


Balog, Stephen 4 31/03/2017 56 25,796 712

Advantage Oil & Gas Ltd. Common Shares Blackwood, Donald Craig 5 03/04/2017 10 8.79 375,249 -10,000


Fagerheim, Grant Bradley 4 31/03/2017 56 23,918 712


Haggis, Paul 4 31/03/2017 56 29,358 712

Advantage Oil & Gas Ltd. Common Shares Mah, Andy 5 31/03/2017 10 8.75 960,022 -10,000


McIntosh, Ronald A 4 31/03/2017 56 36,773 949

Africa Oil Corp. Common Shares Benitz, Bryan M. 4 03/04/2017 10 2.23 222,000 -10,000

Ag Growth International Inc. Rights Share Award Incentive Plan

Kipp, Ryan Gordon 5 01/04/2016 00 11,145

Agellan Commercial Real Estate Investment Trust

Units Agellan Capital Partners Inc.

5 06/04/2017 11 11.516 23,153 -3,587


Units Attard, Terra 7 06/04/2017 11 11.516 12,794 869


Deferred Units Dansereau, Richard 4 30/01/2017 53 10.541 877


Deferred Units Dansereau, Richard 4 30/01/2017 56 10.541 877


Deferred Units Dansereau, Richard 4 30/01/2017 56 11.546 9,607 801


Deferred Units Dansereau, Richard 4 31/03/2017 56 11.516 10,410 803


Deferred Units Ladouceur, Glen Joseph 7 30/01/2017 56 10.541 675


Deferred Units Ladouceur, Glen Joseph 7 30/01/2017 56 11.546 4,704 617


Deferred Units Ladouceur, Glen Joseph 7 31/03/2017 56 11.516 5,322 618

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3455



Acquired/ Disposed


Deferred Units Messina, Anthony 4 30/01/2017 56 10.541 675


Deferred Units Messina, Anthony 4 30/01/2017 56 11.546 5,691 617


Deferred Units Messina, Anthony 4 31/03/2017 56 11.516 618


Deferred Units Messina, Anthony 4 31/03/2017 56 11.516 6,309 618


Units Millett, Daniel 5 06/04/2017 11 11.516 6,161 869

AGF Management Limited Common Shares Class B AGF EMPLOYEE BENEFIT PLAN TRUST

2 03/04/2017 10 6.11 46,664


2 03/04/2017 10 6.11 211,298 42,700


2 04/04/2017 10 6.25 253,998 42,700


2 05/04/2017 10 6.308 292,698 38,700


2 06/04/2017 10 6.285 324,698 32,000

AGF Management Limited Common Shares ESOP - Cash

BASARABA, Adrian 5 31/03/2017 30 6.14 22,501 1,658

AGF Management Limited Common Shares ESOP - RRSP

BASARABA, Adrian 5 31/03/2017 30 6.15 4,150 53

AGF Management Limited Common Shares ESOP - Select Plan

BASARABA, Adrian 5 31/03/2017 30 6.15 1,748 22

AGF Management Limited Common Shares ESP Vested

BASARABA, Adrian 5 31/03/2017 30 6.15 4,857 63


Bogart, Robert 5 31/03/2017 30 6.14 25,214 1,037


Bogart, Robert 5 31/03/2017 30 6.15 5,119 66


Bogart, Robert 5 31/03/2017 30 6.15 17,915 230


CAMMARERI, ROSE 5 31/03/2017 30 6.14 30,267 1,387

AGF Management Limited Common Shares ESOP - RRSP

CAMMARERI, ROSE 5 31/03/2017 30 6.15 60 1


CAMMARERI, ROSE 5 31/03/2017 30 6.15 9,478 122


Goldring, Judy 4, 5 31/03/2017 30 6.14 43,814 1,831


Goldring, Judy 4, 5 31/03/2017 30 6.15 4,445 57


Goldring, Judy 4, 5 31/03/2017 30 6.15 18,626 239


MCCREADIE, KEVIN ANDREW

5 31/03/2017 30 6.14 23,204 2,151


MCCREADIE, KEVIN ANDREW

5 31/03/2017 30 6.15 52,690 677

Agility Health, Inc. Convertible Debentures (VCS)

Davidson, Steven Norris 3, 4, 5 08/09/2011 00


Davidson, Steven Norris 3, 4, 5 21/02/2017 11 0.149 $602,343 $602,343


Davidson, Steven Norris 3, 4, 5 21/02/2017 11 0.149 $704,595 $102,252

Agility Health, Inc. Options Herr, Robert Lynn 4 31/03/2017 50 0.12 190,000 80,000

Agility Health, Inc. Options LabbÚ, Pierre 4 31/03/2017 50 190,000 80,000

Agility Health, Inc. Options Metcalfe, Robert 4 31/03/2017 50 0.12 190,000 80,000

Agility Health, Inc. Convertible Debentures Scholten, Kenneth Edward 3, 4, 5 08/09/2011 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3456



Acquired/ Disposed


Scholten, Kenneth Edward 3, 4, 5 08/09/2011 00


Scholten, Kenneth Edward 3, 4, 5 21/02/2017 11 0.149 $602,343 $602,343


Scholten, Kenneth Edward 3, 4, 5 21/02/2017 11 0.149 $704,595 $102,252

AgJunction Inc. (formerly Hemisphere GPS Inc.)

Retention Plan Restricted Shares

Bittner, Mark 5 31/03/2017 59 0.58 317,939 -14,333



Bittner, Mark 5 04/04/2017 59 0.58 282,272 -35,667



Kal, Husam 5 31/03/2017 59 0.58 317,939 -14,333



Kal, Husam 5 04/04/2017 59 0.58 282,272 -35,667



Vaughn, David Eugene 4 31/03/2017 59 0.58 1,271,757 -57,333



Vaughn, David Eugene 4 04/04/2017 59 0.58 1,129,090 -142,667

AGT Food and Ingredients Inc. (formerly, Alliance Grain Traders Inc.)

Common Shares Al-Katib, Murad 3, 4, 5 03/04/2017 10 29.85 568,549 712


Common Shares Al-Katib, Murad 3, 4, 5 03/04/2017 10 29.85 568,905 356


Common Shares Bourassa, Gaetan Michael 5 03/04/2017 10 29.85 48,335 377


Common Shares Bourassa, Gaetan Michael 5 03/04/2017 10 29.85 48,523 188


Common Shares Ireland, Lori Ann 5 03/04/2017 10 29.85 61,778 140


Common Shares Ireland, Lori Ann 5 03/04/2017 10 29.85 61,848 70


Common Shares Stewart, Gregory Shawn 4 05/04/2017 10 29.98 4,475 1,000

Aimia Inc. Deferred Share Units Allsop, Marc Stephen 5 31/03/2017 35 8.94 4,826 106

Aimia Inc. Rights - Performance Share Units - Aimia LTIP

Allsop, Marc Stephen 5 31/03/2017 35 8.94 55,385 1,212

Aimia Inc. Rights Baidwan, Shailesh Singh 5 31/03/2017 35 8.94 19,356 424


Baidwan, Shailesh Singh 5 31/03/2017 35 8.94 72,752 1,374

Aimia Inc. Deferred Share Units Brown, Robert Ellis 4 31/03/2017 35 8.94 97,307 2,130

Aimia Inc. Deferred Share Units Brown, Robert Ellis 4 01/04/2017 56 8.94 4,482

Aimia Inc. Deferred Share Units Brown, Robert Ellis 4 01/04/2017 56 8.94 4,482

Aimia Inc. Deferred Share Units Brown, Robert Ellis 4 01/04/2017 56 8.98 101,789 4,482

Aimia Inc. Deferred Share Units Doroniuk, Roman 4 31/03/2017 35 8.94 42,548 931

Aimia Inc. Deferred Share Units Doroniuk, Roman 4 01/04/2017 56 8.98 43,940 1,392

Aimia Inc. Deferred Share Units Duchesne, Rupert 4, 5 31/03/2017 35 8.94 98,051 2,145


Duchesne, Rupert 4, 5 31/03/2017 35 8.94 376,341 8,235

Aimia Inc. Deferred Share Units Ferstman, Joanne Shari 4 31/03/2017 35 8.94 87,137 1,907

Aimia Inc. Deferred Share Units Ferstman, Joanne Shari 4 01/04/2017 56 8.98 91,480 4,343

Aimia Inc. Deferred Share Units Fortier, Michael M 4 31/03/2017 35 8.94 52,221 1,143

Aimia Inc. Deferred Share Units Fortier, Michael M 4 01/04/2017 56 8.98 56,675 4,454

Aimia Inc. Deferred Share Units Gardner, Thomas David 4 31/03/2017 35 8.94 2,904 63

Aimia Inc. Deferred Share Units Gardner, Thomas David 4 01/04/2017 56 8.98 4,992 2,088

Aimia Inc. Deferred Share Units Graham, Elizabeth 5 31/03/2017 35 8.94 42,764 936

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3457



Acquired/ Disposed


Graham, Elizabeth 5 31/03/2017 35 8.94 99,038 2,168

Aimia Inc. Deferred Share Units Griffin, Emma Kate 4 31/03/2017 35 8.94 13,610 298

Aimia Inc. Deferred Share Units Griffin, Emma Kate 4 01/04/2017 56 8.98 16,394 2,784

Aimia Inc. Deferred Share Units Horowitz, Beth Sharon 4 31/03/2017 35 8.94 20,211 442

Aimia Inc. Deferred Share Units Horowitz, Beth Sharon 4 01/04/2017 56 8.98 22,299 2,088


Johnston, David William 5 31/03/2017 35 8.94 202,311 4,427

Aimia Inc. Deferred Share Units Laidley, David Howard 4 31/03/2017 35 8.94 74,767 1,637

Aimia Inc. Deferred Share Units Laidley, David Howard 4 01/04/2017 56 8.98 76,159 1,392

Aimia Inc. Rights L°nnum, Tor Magne 5 31/03/2017 35 8.94 27,569 603


L°nnum, Tor Magne 5 31/03/2017 35 8.94 102,574 2,245

Aimia Inc. Deferred Share Units McEwan, William Gerard 4 31/03/2017 35 8.94 2,992 66

Aimia Inc. Deferred Share Units McEwan, William Gerard 4 01/04/2017 56 8.98 5,620 2,628

Aimia Inc. Deferred Share Units Port, Douglas D. 4 31/03/2017 35 8.94 42,283 925

Aimia Inc. Deferred Share Units Port, Douglas D. 4 01/04/2017 56 8.98 44,371 2,088

Aimia Inc. Deferred Share Units Rossy, Alan 4 31/03/2017 35 8.94 31,318 685

Aimia Inc. Deferred Share Units Rossy, Alan 4 01/04/2017 56 8.98 34,102 2,784

Aimia Inc. Deferred Share Units Timpano, Vincent Robert 5 31/03/2017 35 8.94 5,507 121


Timpano, Vincent Robert 5 31/03/2017 35 8.94 113,109 2,475

Aimia Inc. Deferred Share Units Walker, Sandy 5 31/03/2017 35 8.94 8,579 188


Walker, Sandy 5 31/03/2017 35 8.94 46,566 1,019

Air Canada Class B Voting Shares Air Canada 1 01/03/2017 38 13.61 400,000 400,000

Air Canada Class B Voting Shares Air Canada 1 01/03/2017 38 0 -400,000

Air Canada Options (Long-Term Incentive Plan)

Bureau, Duncan 5 03/04/2017 50 40,330 11,330

Air Canada Share Units (Long-Term Incentive Plan)

Bureau, Duncan 5 03/04/2017 56 13.69 35,275 10,300

Air Canada Deferred Share Units Clark, Christie James Beckett

4 01/04/2017 56 11,322 1,467

Air Canada Deferred Share Units (Management Plan)

Doyle, Eddy 5 16/02/2016 00


Doyle, Eddy 5 03/04/2017 56 13.69 1,447 1,447


Doyle, Eddy 5 03/04/2017 50 23,673 12,729


Doyle, Eddy 5 03/04/2017 59 13.69 11,096 -2,163


Doyle, Eddy 5 03/04/2017 56 13.69 21,221 10,125


Dufresne, Yves 5 03/04/2017 59 13.69 21,949 -6,029


Forget, Marcel 5 03/04/2017 59 13.69 29,488 -6,946


Fournel, Lise 5 03/04/2017 59 13.69 34,988 -9,174


Galardo, Mark 5 03/04/2017 50 15,734 10,000


Galardo, Mark 5 03/04/2017 59 13.69 4,837 -1,442


Galardo, Mark 5 03/04/2017 56 13.69 13,409 8,572


Goersch, Klaus 5 03/04/2017 59 13.69 67,074 -23,591

Air Canada Deferred Share Units Green, Michael 4 01/04/2017 56 22,006 1,467

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3458



Acquired/ Disposed


Guillemette, Lucie 5 03/04/2017 50 158,619 35,000


Guillemette, Lucie 5 03/04/2017 59 13.69 31,955 -6,946


Guillemette, Lucie 5 03/04/2017 56 13.69 56,241 24,286


Hadrovic, Carolyn 5 03/04/2017 50 71,425 8,580


Hadrovic, Carolyn 5 03/04/2017 59 13.69 18,819 -5,242


Hadrovic, Carolyn 5 03/04/2017 56 13.69 26,619 7,800


Houle, Pierre 5 03/04/2017 50 16,806 3,600


Houle, Pierre 5 03/04/2017 59 13.69 10,766 -3,357


Houle, Pierre 5 03/04/2017 56 13.69 16,526 5,760


Howlett, Kevin C. 5 03/04/2017 50 316,402 15,454


Howlett, Kevin C. 5 03/04/2017 59 13.69 37,488 -9,174


Howlett, Kevin C. 5 03/04/2017 56 13.69 52,942 15,454

Air Canada Deferred Share Units Huot, Jean Marc 4 01/04/2017 56 205,448 1,357


Isford, Chris 5 03/04/2017 50 13.69 10,403


Isford, Chris 5 03/04/2017 50 13.69 10,403


Isford, Chris 5 03/04/2017 50 81,298 10,403


Isford, Chris 5 03/04/2017 59 13.69 22,923 -6,422


Isford, Chris 5 03/04/2017 56 13.69 32,381 9,458


Kazzaz, Amos 5 03/04/2017 50 129,925 15,000


Kazzaz, Amos 5 03/04/2017 59 13.69 27,889 -6,684


Kazzaz, Amos 5 03/04/2017 56 13.69 40,747 12,858


Landry, Craig 5 01/08/2010 00


Landry, Craig 5 03/04/2017 56 13.69 3,216 3,216


Landry, Craig 5 03/04/2017 50 105,930 19,000


Landry, Craig 5 03/04/2017 59 13.69 26,914 -6,029


Landry, Craig 5 03/04/2017 56 13.69 36,556 9,642

Air Canada Deferred Share Units Leonard, Joseph Bernard 4 01/04/2017 56 25,042 1,393


MacLeod, John Alec 5 03/04/2017 50 15,411 10,411


MacLeod, John Alec 5 06/03/2017 00


MacLeod, John Alec 5 03/04/2017 56 13.69 9,464 9,464


Meloul-Wechsler, Arielle 5 18/09/2013 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3459



Acquired/ Disposed


Meloul-Wechsler, Arielle 5 03/04/2017 56 13.69 2,346 2,346


Meloul-Wechsler, Arielle 5 03/04/2017 50 68,267 12,000


Meloul-Wechsler, Arielle 5 03/04/2017 59 13.69 21,493 -5,505


Meloul-Wechsler, Arielle 5 03/04/2017 56 13.69 28,529 7,036

Air Canada Deferred Share Units PAQUIN, MADELEINE 4 01/04/2017 56 26,977 2,544

Air Canada Deferred Share Units Richardson, David I. 4 01/04/2017 56 110,299 536

Air Canada Deferred Share Units Romanow, Roy 4 01/04/2017 56 113,145 1,357


Rousseau, Michael Stewart 5 03/04/2017 50 672,183 80,000


Rousseau, Michael Stewart 5 03/04/2017 59 13.69 100,646 -27,785


Rousseau, Michael Stewart 5 03/04/2017 56 13.69 142,074 41,428


Rovinescu, Calin 4, 5 01/04/2009 00


Rovinescu, Calin 4, 5 03/04/2017 56 13.69 46,428 46,428


Rovinescu, Calin 4, 5 03/04/2017 50 4,162,460 325,000


Rovinescu, Calin 4, 5 03/04/2017 59 13.69 468,987 -79,292


Rovinescu, Calin 4, 5 03/04/2017 56 13.69 608,273 139,286


Shapiro, David 5 03/04/2017 50 248,218 19,500


Shapiro, David 5 03/04/2017 59 13.69 41,914 -12,123


Shapiro, David 5 03/04/2017 56 13.69 59,572 17,658


Smith-Valade, Renee 5 03/04/2017 50 72,110 10,000


Smith-Valade, Renee 5 03/04/2017 56 13.69 29,110 8,646


Smith, Benjamin M. 7 03/04/2017 50 1,215,965 92,857


Smith, Benjamin M. 7 03/04/2017 59 13.69 137,586 -25,164


Smith, Benjamin M. 7 03/04/2017 56 13.69 193,300 55,714

Air Canada Deferred Share Units Sorensen, Vagn 4 01/04/2017 56 121,696 2,567


Southern, Mark Duane 5 08/11/2016 00


Southern, Mark Duane 5 03/04/2017 56 13.69 2,144 2,144


Southern, Mark Duane 5 03/04/2017 59 13.69 -3,245


Southern, Mark Duane 5 03/04/2017 59 13.69 -3,245


Southern, Mark Duane 5 03/04/2017 50 41,510 10,000


Southern, Mark Duane 5 03/04/2017 59 13.69 11,280 -3,245


Southern, Mark Duane 5 03/04/2017 56 13.69 17,708 6,428


Steer, Richard A. 5 03/04/2017 50 53,585 15,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3460



Acquired/ Disposed


Steer, Richard A. 5 03/04/2017 59 13.69 21,829 -6,291


Steer, Richard A. 5 03/04/2017 56 13.69 33,187 11,358


Strauss, Timothy Edward 5 03/04/2017 00






Strauss, Timothy Edward 5 03/04/2017 50 9,821 9,821








Strauss, Timothy Edward 5 03/04/2017 56 13.69 8,928 8,928

Air Canada Deferred Share Units Taylor, Kathleen 4 01/04/2017 56 15,283 2,751


Turpin, Lise-Marie 7 03/04/2017 59 13.69 19,681 -5,505

Air Canada Deferred Share Units Verschuren, Annette Marie 4 01/04/2017 56 39,352 1,467

Air Canada Deferred Share Units Wilson, Michael M. 4 01/04/2017 56 47,120 3,668

AIRBOSS OF AMERICA CORP.

Rights - Deferred Stock Units

Matthews, Mary 4 31/03/2017 56 3,063 755



McLeish, Robert 4 31/03/2017 56 4,200 1,027



Watson, Alan JD 4 31/03/2017 56 2,480 723

AirIQ Inc. Common Shares Gibbs, Donald Robert 4 18/09/2015 00 5,762,500

AirIQ Inc. Common Shares Gibbs, Donald Robert 4 29/03/2017 10 0.165 5,712,500 -50,000



Akita Drilling Ltd. Non-Voting Shares Charlton, Loraine 4 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares Charlton, Loraine 4 29/03/2017 30 8.46 11,722 206

Akita Drilling Ltd. Non-Voting Shares Coleman, Raymond 5 29/03/2017 30 8.55 292

Akita Drilling Ltd. Non-Voting Shares Coleman, Raymond 5 29/03/2017 30 8.46 17,842 295

Akita Drilling Ltd. Options Coleman, Raymond 5 01/04/2017 50 8.26 107,500 15,000

Akita Drilling Ltd. Non-Voting Shares Dease, Colin 5 29/03/2017 30 8.55 292

Akita Drilling Ltd. Non-Voting Shares Dease, Colin 5 29/03/2017 30 8.46 6,857 295

Akita Drilling Ltd. Options Dease, Colin 5 01/04/2017 50 8.26 40,000 7,500

Akita Drilling Ltd. Non-Voting Shares Hensel, Fred 5 29/03/2017 30 8.55 292

Akita Drilling Ltd. Non-Voting Shares Hensel, Fred 5 29/03/2017 30 8.46 29,164 295

Akita Drilling Ltd. Options Hensel, Fred 5 01/04/2017 50 8.26 62,500 7,500

Akita Drilling Ltd. Non-Voting Shares Kushner, Craig 5 29/03/2017 30 8.55 292

Akita Drilling Ltd. Non-Voting Shares Kushner, Craig 5 29/03/2017 30 8.46 14,582 295

Akita Drilling Ltd. Options Kushner, Craig 5 01/04/2017 50 8.26 42,500 5,000

Akita Drilling Ltd. Non-Voting Shares Mohan, Harish 4 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares Mohan, Harish 4 29/03/2017 30 8.46 8,676 206

Akita Drilling Ltd. Non-Voting Shares Reynolds, Darcy 5 29/03/2017 30 8.55 292

Akita Drilling Ltd. Non-Voting Shares Reynolds, Darcy 5 29/03/2017 30 8.46 2,874 295

Akita Drilling Ltd. Options Reynolds, Darcy 5 01/04/2017 50 8.26 15,000 7,500

Akita Drilling Ltd. Non-Voting Shares RICHARDSON, DALE 4 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares RICHARDSON, DALE 4 29/03/2017 30 8.46 34,821 206

Akita Drilling Ltd. Non-Voting Shares Ruud, Karl 4 29/03/2017 30 8.55 292

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3461



Acquired/ Disposed

Akita Drilling Ltd. Non-Voting Shares Ruud, Karl 4 29/03/2017 30 8.46 42,836 295

Akita Drilling Ltd. Options Ruud, Karl 4 01/04/2017 50 8.26 360,000 50,000

Akita Drilling Ltd. Non-Voting Shares Southern-Heathcott, Linda A.

4, 6 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares Southern-Heathcott, Linda A.

4, 6 29/03/2017 30 8.46 23,905 206

Akita Drilling Ltd. Non-Voting Shares Southern, Nancy C. 4, 6 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares Southern, Nancy C. 4, 6 29/03/2017 30 8.46 25,186 206

Akita Drilling Ltd. Non-Voting Shares Spitznagel, Curt Perry 4 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares Spitznagel, Curt Perry 4 29/03/2017 30 8.46 9,777 206

Akita Drilling Ltd. Options Thompson, Lorne 5 01/04/2017 50 8.26 25,000 5,000

Akita Drilling Ltd. Non-Voting Shares Wilmot, Harry 4 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares Wilmot, Harry 4 29/03/2017 30 8.46 2,107 206

Akita Drilling Ltd. Non-Voting Shares WILSON, Charles W. 4 29/03/2017 30 8.55 204

Akita Drilling Ltd. Non-Voting Shares WILSON, Charles W. 4 29/03/2017 30 8.46 19,020 206

Alabama Graphite Corp. Common Shares Baxter, Donald 4, 5 03/04/2017 10 0.175 2,927,000 10,000




Alabama Graphite Corp. Common Shares Pamplin, Ann-Marie Michelle

8 03/04/2017 10 0.175 114,000 26,500

Alabama Graphite Corp. Common Shares Pamplin, Ann-Marie Michelle

8 05/04/2017 10 0.17 117,000 3,000

Alamos Gold Inc. Common Shares Class A Barwell, Christine 5 07/04/2017 51 3.75 37,482 30,000

Alamos Gold Inc. Common Shares Class A Barwell, Christine 5 07/04/2017 10 11 7,482 -30,000

Alamos Gold Inc. Options Barwell, Christine 5 07/04/2017 51 3.75 260,743 -30,000

Alamos Gold Inc. Common Shares Class A MacPhail, Peter 5 29/03/2017 57 8.17 70,893 3,638

Alamos Gold Inc. Rights Rights Performance Share Units

MacPhail, Peter 5 29/03/2017 57 85,067 -3,638


MacPhail, Peter 5 29/03/2017 59 8.17 80,877 -4,190


MacPhail, Peter 5 29/03/2017 58 - Expiration of rights

78,267 -2,610

Alamos Gold Inc. Common Shares Class A McCluskey, John 4, 5 05/04/2017 10 10.981 361,618 -15,000

AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 17/03/2017 38 10.7 1,300 1,300



AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 31/03/2017 38 0 -32,600

Alchemist Mining Incorporated

Common Shares Anderson, Keith 4, 5 03/04/2017 10 0.05 3,281,200 -5,400

Alexandria Minerals Corporation

Options Gundy, Peter Verity 4 31/03/2017 50 0.065 1,000,000 1,000,000


Common Shares Owens, Eric 3, 4, 5 29/03/2017 10 0.06 1,677,378 93,000


Common Shares Owens, Eric 3, 4, 5 30/03/2017 10 0.065 1,777,178 99,800

Algonquin Power & Utilities Corp.

Rights Deferred Share Units

Ball, Christopher James 4 31/03/2017 56 12.7 39,435 2,161

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3462



Acquired/ Disposed



Barnes, Melissa Stapleton 4 31/03/2017 56 12.7 4,846 1,563


Options Beairsto, Linda 5 31/03/2017 50 12.82 512,367 114,876


Performance/Restricted Share Units

Beairsto, Linda 5 31/03/2017 56 11.42 13,976 12,976


Options Bronicheski, David John 5 31/03/2017 50 12.82 646,005 237,040



Bronicheski, David John 5 31/03/2017 56 11.42 75,787 26,775


Options Jarratt, Christopher Kenneth 5 31/03/2017 50 12.82 1,449,389 525,000



Jarratt, Christopher Kenneth 5 31/03/2017 56 11.42 60,942 59,303



Laney, Randy David 4 01/02/2017 00



Laney, Randy David 4 31/03/2017 56 12.7 1,014 1,014



Moore, Kenneth 4 31/03/2017 56 12.7 119,632 7,012


Options Norman, Jeffery Todd 5 31/03/2017 50 12.82 598,309 122,093



Norman, Jeffery Todd 5 31/03/2017 56 11.42 35,001 4,597


Options Pasieka, David James 5 31/03/2017 50 12.82 492,757 181,202



Pasieka, David James 5 31/03/2017 56 11.42 21,796 20,468


Options Robertson, Ian Edward 5 31/03/2017 50 12.82 2,013,003 750,000



Robertson, Ian Edward 5 31/03/2017 56 11.42 98,975 84,719



Saidi, Masheed Hegi 4 31/03/2017 56 12.7 14,118 1,774



Samil, Dilek 4 31/03/2017 56 12.7 14,552 1,779


Options Snow, Michael Gerald 5 31/03/2017 50 12.82 477,139 170,543



Snow, Michael Gerald 5 31/03/2017 56 11.42 20,412 19,264



Steeves, George Lester 4 31/03/2017 56 12.7 48,567 2,207


Options Tindale, Jennifer Sara 5 07/02/2017 00


Options Tindale, Jennifer Sara 5 31/03/2017 50 12.82 105,426 105,426



Tindale, Jennifer Sara 5 07/02/2017 00



Tindale, Jennifer Sara 5 31/03/2017 56 11.42 11,908 11,908


Options Trisic, George 5 31/03/2017 50 12.82 444,463 122,163



Trisic, George 5 31/03/2017 56 11.42 17,450 13,799

Alianza Minerals Ltd. (formerly Tarsis Resources Ltd.)

Common Shares Brown, Mark Thomas 4 30/03/2017 10 0.13 1,950,000 40,000

Alimentation Couche-Tard Inc.

UnitÚ d'action diffÚrÚe Bourque, Nathalie 4 06/04/2017 35 60.44 16,785 24


UnitÚ d'action diffÚrÚe D'Amours, Jacques 4 06/04/2017 35 60.44 4,486 6

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3463



Acquired/ Disposed


UnitÚ d'action diffÚrÚe ╔lie, Jean AndrÚ 4 06/04/2017 35 60.44 31,998 48


UnitÚ d'action diffÚrÚe Fortin, Richard 4, 6, 7, 5 06/04/2017 35 60.44 18,036 27


UnitÚ d'action diffÚrÚe Kau, MÚlanie 4 06/04/2017 35 60.44 63,583 94


UnitÚ d'action diffÚrÚe Leroux, Monique F. 4 06/04/2017 35 60.44 2,678 4


UnitÚ d'action diffÚrÚe Plourde, RÚal 4, 6, 7, 5 06/04/2017 35 60.44 4,350 6


UnitÚ d'action diffÚrÚe Rabinowicz, Daniel 5 06/04/2017 35 60.44 4,080 6


UnitÚ d'action diffÚrÚe Turmel, Jean 4 06/04/2017 35 60.44 97,937 146

Almonty Industries Inc. Common Shares Black, Michael Lewis 4, 5 31/03/2017 10 0.28 696,000 2,500

Alset Energy Corp. Options Hanson, Emily Kate 4 19/01/2017 00

Alset Energy Corp. Options Hanson, Emily Kate 4 29/03/2017 50 250,000 250,000

Alta Vista Ventures Ltd. Common Shares Burns, Michael George Garrett

3, 4 29/12/2016 00

Alta Vista Ventures Ltd. Common Shares Burns, Michael George Garrett

3, 4 06/04/2017 10 0.125 11,190 11,190

Alta Vista Ventures Ltd. Common Shares Jackson, Anthony 4 20/03/2016 00

Alta Vista Ventures Ltd. Common Shares Jackson, Anthony 4 24/03/2017 11 0.05 150,000 150,000

Alta Vista Ventures Ltd. Common Shares Jackson, Anthony 4 29/03/2017 11 0.05 150,000

Alta Vista Ventures Ltd. Options Jackson, Anthony 4 20/03/2016 00

Alta Vista Ventures Ltd. Options Jackson, Anthony 4 24/03/2017 50 0.1 500,000 500,000

Alta Vista Ventures Ltd. Warrants Jackson, Anthony 4 20/03/2016 00

Alta Vista Ventures Ltd. Warrants Jackson, Anthony 4 24/03/2017 53 0.1 150,000 150,000

AltaGas Ltd. Rights Deferred Share Unit (DSU)

Cornhill, David Wallace 4 01/07/2010 00

AltaGas Ltd. Rights Deferred Share Unit (DSU)

Cornhill, David Wallace 4 03/04/2017 56 30.91 5,000 5,000

Altiplano Minerals Ltd. Common Shares Williamson, John 3, 4 30/03/2017 10 0.23 2,147,013 71,000

Altiplano Minerals Ltd. Common Shares Yaseniuk, Jeremy 4 02/03/2017 45 431,166 291,666

Altus Group Limited Common Shares Bartolini, Angelo 5 01/04/2017 57 28.98 13,439 1,251

Altus Group Limited Restricted Shares Bartolini, Angelo 5 01/04/2017 57 28.98 8,413 -1,251

Altus Group Limited Common Shares BISHOP, TERRY ALAN 5 01/04/2017 57 28.98 42,695 2,669

Altus Group Limited Restricted Shares BISHOP, TERRY ALAN 5 01/04/2017 57 28.98 8,376 -2,669

Altus Group Limited Common Shares Chande, Narendra 5 01/04/2017 57 28.98 12,496 625

Altus Group Limited Restricted Shares Chande, Narendra 5 01/04/2017 57 28.98 2,193 -625

Altus Group Limited Common Shares Commons, Michael 5 01/04/2017 57 28.98 15,246 625

Altus Group Limited Restricted Shares Commons, Michael 5 01/04/2017 57 28.98 2,794 -625

Altus Group Limited Common Shares COURTEAU, Robert G 4, 5 01/04/2017 57 28.98 106,847 20,252

Altus Group Limited Restricted Shares COURTEAU, Robert G 4, 5 01/04/2017 57 28.98 24,420 -20,252

Altus Group Limited Restricted Shares COURTEAU, Robert G 4, 5 05/04/2017 57 28.98 -20,252

Altus Group Limited Common Shares Eisen, Barry Isaac 5 01/04/2017 57 28.98 4,165 957

Altus Group Limited Common Shares Eisen, Barry Isaac 5 06/04/2017 90 798 -3,367

Altus Group Limited Common Shares Eisen, Barry Isaac 5 07/04/2017 90 -196

Altus Group Limited Common Shares Eisen, Barry Isaac 5 07/04/2017 90 602 -196

Altus Group Limited Common Shares Eisen, Barry Isaac 5 06/04/2017 90 8,301 2,500

Altus Group Limited Common Shares Eisen, Barry Isaac 5 06/04/2017 35 8,441 140




Altus Group Limited Restricted Shares Eisen, Barry Isaac 5 01/04/2017 57 28.98 6,843 -957

Altus Group Limited Common Shares Johnston, Colin Boyd 5 01/04/2017 57 28.98 47,783 1,841

Altus Group Limited Restricted Shares Johnston, Colin Boyd 5 01/04/2017 57 28.98 8,827 -1,841

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3464



Acquired/ Disposed

Altus Group Limited Restricted Share Units McSweeney, Niall 5 01/04/2017 59 28.98 -809

Altus Group Limited Restricted Share Units McSweeney, Niall 5 01/04/2017 59 28.98 3,402 -809

Altus Group Limited Common Shares Pasini, Flora Anna 5 01/04/2017 57 28.98 4,192 1,362

Altus Group Limited Restricted Shares Pasini, Flora Anna 5 01/04/2017 57 28.98 2,103 -1,362

Altus Group Limited Restricted Share Units Probyn, Alex 7 01/04/2017 59 28.98 19,196 -5,666

Altus Group Limited Common Shares Turrin, Liana 5 01/04/2017 57 28.98 10,874 810

Altus Group Limited Restricted Shares Turrin, Liana 5 01/04/2017 57 28.98 5,862 -810

Amaya Inc. Rights Performance Share Units

ashkenazi, rafael 5 20/10/2014 00


ashkenazi, rafael 5 31/03/2017 56 59,200 59,200

Amaya Inc. Rights Restricted Share Units

ashkenazi, rafael 5 20/10/2014 00


ashkenazi, rafael 5 31/03/2017 56 29,600 29,600


Goldstein, Marlon 5 01/01/2014 00


Goldstein, Marlon 5 31/03/2017 56 23,332 23,332


Goldstein, Marlon 5 01/01/2014 00


Goldstein, Marlon 5 31/03/2017 56 11,668 11,668

Amaya Inc. Common Shares Tang, Hao 3 30/03/2017 00

Amaya Inc. Common Shares Tang, Hao 3 30/03/2017 00 16,305,500

Amaya Inc. Common Shares Tang, Hao 3 30/03/2017 10 22.4 9,105,500

Amaya Inc. Common Shares Tang, Hao 3 30/03/2017 10 22.4 9,105,500


Templer, Guy Nigel 5 20/10/2014 00


Templer, Guy Nigel 5 31/03/2017 56 18,864 18,864


Templer, Guy Nigel 5 20/10/2014 00


Templer, Guy Nigel 5 31/03/2017 56 9,436 9,436

American Core Sectors Dividend Fund

Trust Units American Core Sectors Dividend Fund

1 31/03/2017 38 11.054 3,170,390 2,500

American Core Sectors Dividend Fund

Trust Units American Core Sectors Dividend Fund

1 03/04/2017 38 11 3,170,990 600

American Manganese Inc. Common Shares Kikauka, Andris 4 29/03/2017 10 0.22 250,000 -50,000

Americas Silver Corporation Rights Deferred Share Units

Davidson, Alexander John 4 31/03/2017 56 50,266 5,221

Americas Silver Corporation Common Shares Dell, Daren 5 04/04/2017 10 3,400 2,000


Edwards, Alan R. 4 31/03/2017 56 3,402


Edwards, Alan R. 4 31/03/2017 56 39,325 147

Americas Silver Corporation Rights Deferred Share

Units

HAWLEY, PETER JUDE 4, 5 03/04/2017 58 - Expiration

of rights

42,451 -194


Kipp, Bradley Robert 4 31/03/2017 56 46,839 3,743


Pridham, Gordon E. 4 31/03/2017 56 34,235 103


Waisberg, Lorie 4 31/03/2017 56 36,550 333

Ansar Financial and Development Corporation

Common Shares Jalaluddin, Mohammed 3, 4, 5 04/04/2017 10 0.84 1,784,020 18,500

Ansar Financial and Development Corporation

Common Shares Nasim, Pervez 3, 4, 5 04/04/2017 10 0.84 1,784,020 18,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3465



Acquired/ Disposed

Antibe Therapeutics Inc. Options Bourgeois, Nicolas 7 15/10/2015 00

Antibe Therapeutics Inc. Options Bourgeois, Nicolas 7 31/03/2017 50 0.2 500,000 500,000

Antibe Therapeutics Inc. Options Curtis, Scott Wilson 5 31/03/2017 50 0.2 850,000 400,000

Antibe Therapeutics Inc. Options Flower, Roderick John 4 31/03/2017 50 0.2 675,000 200,000

Antibe Therapeutics Inc. Options Legault, Daniel Marcel 4, 6, 5 31/03/2017 50 0.2 6,350,000 2,600,000

Antibe Therapeutics Inc. Options Macnee, Walter Minnes 4 31/03/2017 50 0.2 525,000 200,000

Antibe Therapeutics Inc. Options McMillan, Michael 7 15/10/2015 00

Antibe Therapeutics Inc. Options McMillan, Michael 7 31/03/2017 50 0.2 500,000 500,000

Antibe Therapeutics Inc. Options Sakhia, Samira 4 31/03/2017 50 0.2 575,000 200,000

Antibe Therapeutics Inc. Options Tritthardt, Uwe Heinrich 7 15/10/2015 00

Antibe Therapeutics Inc. Options Tritthardt, Uwe Heinrich 7 31/03/2017 50 0.2 500,000 500,000

Antibe Therapeutics Inc. Options Vaughan, David James 5 31/03/2017 50 0.2 1,140,000 300,000

Antibe Therapeutics Inc. Options Wallace, John Lawrence 4, 6, 5 31/03/2017 50 0.2 6,100,000 2,300,000

Antibe Therapeutics Inc. Options Wilson, Alain 5 31/03/2017 50 0.2 900,000 600,000

Antibe Therapeutics Inc. Options Wu, Yung Cheng 4 18/07/2016 00

Antibe Therapeutics Inc. Options Wu, Yung Cheng 4 31/03/2017 50 0.2 200,000 200,000

Aquarius Surgical Technologies Inc. (formerly Aquarius Coatings Inc.)

Options Francis, Robert William 4 20/03/2017 00


Options Francis, Robert William 4 31/03/2017 50 100,000 100,000


Options Freeman, Christopher Hugh 5 17/03/2017 00


Options Freeman, Christopher Hugh 5 31/03/2017 50 50,000 50,000


Options Hennigar, David John 4, 6, 5 20/02/2003 00


Options Hennigar, David John 4, 6, 5 31/03/2017 50 100,000 100,000


Options MacFarlane, Lorne Stewart 5 18/11/2009 00


Options MacFarlane, Lorne Stewart 5 31/03/2017 50 50,000 50,000


Options Swierzewski, Stanley Joseph

4 20/03/2017 00


Options Swierzewski, Stanley Joseph

4 31/03/2017 50 100,000 100,000


Options Van Nest, Gary Norman 4 11/07/1995 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3466



Acquired/ Disposed


Options Van Nest, Gary Norman 4 03/04/2017 50 1 600,000 600,000


Common Shares Willox, Gordon Stewart 3, 4 20/03/2017 00


Common Shares Willox, Gordon Stewart 3, 4 20/03/2017 22 4,597,704 4,597,704


Options Willox, Gordon Stewart 3, 4 20/03/2017 00


Options Willox, Gordon Stewart 3, 4 31/03/2017 50 350,000 350,000


Special Shares Series A Willox, Gordon Stewart 3, 4 20/03/2017 00


Special Shares Series A Willox, Gordon Stewart 3, 4 20/03/2017 22 1 1,532,901 1,532,901

Arbutus Biopharma Corporation

Options Cousins, Bruce Gordon 5 24/03/2017 50 3.15 650,000 200,000


Options Howard, Elizabeth Ann 5 24/03/2017 50 3.15 245,000 125,000


Warrants Karbe, Lutz Frank 4 01/03/2017 55 2.6 0 -2,500


Options Lutwyche, Peter 5 24/03/2017 50 3.15 310,000 125,000


Warrants Lutwyche, Peter 5 01/03/2017 55 2.6 0 -2,500


Options Murray, Mark Joseph 5 24/03/2017 50 3.15 1,427,007 450,000


Warrants Murray, Mark Joseph 5 01/03/2017 55 2.6 0 -5,000


Options Sofia, Michael Joseph 5 24/03/2017 50 3.15 250,000 150,000


Options Symonds, III, William Thomas

5 24/03/2017 50 3.15 75,000 50,000

ARC Resources Ltd. Performance Share Units (PSU) (Cash based only)

Dielwart, John Patrick 4 15/03/2016 57 -24,400

ARC Resources Ltd. Performance Share Units (PSU) (Cash based only)

Dielwart, John Patrick 4 15/03/2016 57 0 -24,400

Arctic Star Exploration Corp. Common Shares Power, Patrick Edward 4, 5 31/03/2017 10 0.095 5,095,862 5,000



Aritzia Inc. Multiple Voting Shares Callaghan, Kevin Thomas 3, 4 29/03/2017 90 30,443,504 30,443,504

Aritzia Inc. Multiple Voting Shares Callaghan, Kevin Thomas 3, 4 29/03/2017 90 0 -30,443,504

Aritzia Inc. Multiple Voting Shares Callaghan, Kevin Thomas 3, 4 29/03/2017 90 30,443,504 30,443,504

Aritzia Inc. Multiple Voting Shares Callaghan, Kevin Thomas 3, 4 29/03/2017 90 0 -30,443,504

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3467



Acquired/ Disposed

Aritzia Inc. Multiple Voting Shares CanLux AB Investments One S.Ó r.l.

3 29/03/2017 90 30,443,504 30,443,504


3 29/03/2017 90 30,443,504 30,443,504


3 29/03/2017 90 0 -30,443,504


3 29/03/2017 90 -30,443,504


3 29/03/2017 90 -30,443,504


3 29/03/2017 90 0 -30,443,504

Arizona Mining Inc. Common Shares TAYLOR, DONALD RICHARD

4 06/04/2017 10 1.66 910,930 12,000

Arizona Mining Inc. Common Shares Wares, Robert 4 05/04/2017 10 2.23 4,504,984 50,000

Arizona Mining Inc. Common Shares Wares, Robert 4 06/04/2017 10 2.24 4,554,984 50,000

Artis Real Estate Investment Trust

Deferred Units Martens, Cornelius 4, 5 03/04/2017 56 13.23 3,462 454


Deferred Units Rimer, Ronald Albert 4 03/04/2017 56 13.23 15,420 2,372


Deferred Units Ryan, Patrick Gowan 4 03/04/2017 56 13.23 25,620 2,371


Deferred Units Thielmann, Victor 4 03/04/2017 56 13.23 3,462 454


Deferred Units Townsend, Kenneth 4 03/04/2017 56 13.23 3,462 454


Deferred Units Warkentin, Edward 4, 5 03/04/2017 56 13.23 3,462 454

Astorius Resources Ltd. Common Shares Brown, Arthur 4, 5 03/04/2017 10 0.16 1,471,500 20,000



ATCO LTD. Non-Voting Shares Class I Charlton, Loraine M. 7 31/03/2017 10 51.954 1,901 11

ATCO LTD. Non-Voting Shares Class I Francis, Robert, B 7 31/03/2017 10 51.954 1,087 6

Athabasca Oil Corporation Common Shares Anderson, Kimberly 5 03/04/2017 10 88,012 50,934

Athabasca Oil Corporation Common Shares Anderson, Kimberly 5 03/04/2017 10 1.4539 62,555 -25,457

Athabasca Oil Corporation Common Shares Anderson, Kimberly 5 04/04/2017 57 97,889 35,334

Athabasca Oil Corporation Common Shares Anderson, Kimberly 5 04/04/2017 10 1.4539 80,229 -17,660

Athabasca Oil Corporation Options Anderson, Kimberly 5 01/04/2017 50 1,133,800 349,700

Athabasca Oil Corporation Options Anderson, Kimberly 5 01/04/2017 50 1,383,800 250,000

Athabasca Oil Corporation Performance Award (Common shares or cash payout)

Anderson, Kimberly 5 01/04/2017 56 428,200 174,900


Anderson, Kimberly 5 03/04/2017 57 412,600 -15,600



Athabasca Oil Corporation Restricted Share Units (2015 Plan)

Anderson, Kimberly 5 01/04/2017 56 192,900 97,100





Athabasca Oil Corporation Deferred Share Units Begley, Bryan 4 31/03/2017 56 1.49 114,308 9,648

Athabasca Oil Corporation Common Shares Broen, Robert Anthony 5 03/04/2017 10 221,367

Athabasca Oil Corporation Common Shares Broen, Robert Anthony 5 03/04/2017 57 602,167 221,367

Athabasca Oil Corporation Options Broen, Robert Anthony 5 01/04/2017 50 2,658,600 771,400

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3468



Acquired/ Disposed

Athabasca Oil Corporation Options Broen, Robert Anthony 5 01/04/2017 50 4,658,600 2,000,000

Athabasca Oil Corporation Options Broen, Robert Anthony 5 05/04/2017 50 2,000,000


Broen, Robert Anthony 5 01/04/2017 56 1,102,500 385,700


Broen, Robert Anthony 5 03/04/2017 57 966,800 -135,700


Broen, Robert Anthony 5 05/04/2017 56 385,700


Broen, Robert Anthony 5 01/04/2017 56 445,500 214,300






Broen, Robert Anthony 5 05/04/2017 56 214,300

Athabasca Oil Corporation Deferred Share Units ECKHARDT, Ronald John 4 31/03/2017 56 1.49 230,843 16,779

Athabasca Oil Corporation Deferred Share Units Fierro, Carlos Antonio 4 31/03/2017 56 216,149 8,389

Athabasca Oil Corporation Common Shares Schenkenberger, Anne Terese

5 03/04/2017 10 275,102 88,401

Athabasca Oil Corporation Common Shares Schenkenberger, Anne Terese

5 03/04/2017 10 1.4539 230,919 -44,183

Athabasca Oil Corporation Options Schenkenberger, Anne Terese

5 01/04/2017 50 1,076,240 324,000

Athabasca Oil Corporation Options Schenkenberger, Anne Terese

5 01/04/2017 50 1,326,240 250,000


Schenkenberger, Anne Terese

5 01/04/2017 56 447,100 162,000



5 03/04/2017 57 393,400 -53,700



5 01/04/2017 56 184,533 90,000



5 03/04/2017 57 159,399 -25,134



5 03/04/2017 57 149,832 -9,567

Athabasca Oil Corporation Common Shares Smith, Kevin George 5 03/04/2017 57 70,834 60,934

Athabasca Oil Corporation Options Smith, Kevin George 5 01/04/2017 50 1,201,200 360,000

Athabasca Oil Corporation Options Smith, Kevin George 5 01/04/2017 50 1,451,200 250,000


Smith, Kevin George 5 01/04/2017 56 453,100 180,000


Smith, Kevin George 5 03/04/2017 57 430,000 -23,100


Smith, Kevin George 5 01/04/2017 56 203,600 100,000





Athabasca Oil Corporation Common Shares Sousa, Rodrigo 5 03/04/2017 57 45,134 35,134

Athabasca Oil Corporation Options Sousa, Rodrigo 5 01/04/2017 50 795,600 324,000

Athabasca Oil Corporation Options Sousa, Rodrigo 5 01/04/2017 50 1,045,600 250,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3469



Acquired/ Disposed


Sousa, Rodrigo 5 01/04/2017 56 466,000 162,000


Sousa, Rodrigo 5 01/04/2017 56 185,400 90,000


Sousa, Rodrigo 5 03/04/2017 57 160,266 -25,134


Sousa, Rodrigo 5 03/04/2017 57 150,266 -10,000

Athabasca Oil Corporation Common Shares Stewart, David J. 5 03/04/2017 10 69,705 44,767

Athabasca Oil Corporation Common Shares Stewart, David J. 5 03/04/2017 10 1.4539 47,331 -22,374

Athabasca Oil Corporation Options Stewart, David J. 5 01/04/2017 50 594,800 324,000


Stewart, David J. 5 01/04/2017 56 242,300 180,200


Stewart, David J. 5 03/04/2017 57 232,000 -10,300


Stewart, David J. 5 01/04/2017 56 179,400 90,000


Stewart, David J. 5 03/04/2017 57 162,300 -17,100


Stewart, David J. 5 03/04/2017 57 158,933 -3,367


Stewart, David J. 5 03/04/2017 57 144,933 -14,000

Athabasca Oil Corporation Common Shares Taylor, Matthew 5 03/04/2017 57 178,860 39,301

Athabasca Oil Corporation Options Taylor, Matthew 5 01/04/2017 50 999,800 324,000

Athabasca Oil Corporation Options Taylor, Matthew 5 01/04/2017 50 1,249,800 250,000


Taylor, Matthew 5 01/04/2017 56 384,800 162,000


Taylor, Matthew 5 03/04/2017 57 378,300 -6,500


Taylor, Matthew 5 01/04/2017 56 90,000


Taylor, Matthew 5 01/04/2017 56 179,933 90,000


Taylor, Matthew 5 03/04/2017 57 155,599 -24,334


Taylor, Matthew 5 03/04/2017 57 147,132 -8,467


Verdonck, Donald Bruce 5 01/04/2017 56 66,667 16,667


Verdonck, Donald Bruce 5 01/04/2017 56 66,667 16,667

Atlantic Gold Corporation (previously Spur Ventures Inc.)

Common Shares Morgan, John Robert 4, 5 24/03/2017 51 1,684,500 1,000,000


Options Morgan, John Robert 4, 5 24/03/2017 51 0.4 -100,000


Options Morgan, John Robert 4, 5 24/03/2017 51 0.4 -100,000


Options Morgan, John Robert 4, 5 24/03/2017 51 0.4 2,000,000 -1,000,000

Atlantic Power Corporation Deferred Share Units Duncan, Richard Foster 4 31/03/2017 56 113,928 9,423

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3470



Acquired/ Disposed

Atlantic Power Corporation Deferred Share Units Gerstein, Irving Russell 4 31/03/2017 56 84,250 7,974

Atlantic Power Corporation Deferred Share Units Howell, Kevin 4 31/03/2017 56 58,143 6,282

Atlantic Power Corporation Deferred Share Units Ladhani, Holli 4 31/03/2017 56 123,018 6,524

Atlantic Power Corporation Deferred Share Units Palter, Gilbert Samuel 4 31/03/2017 56 46,833 5,799

Atlantic Power Corporation Deferred Share Units Ressel, Teresa 4 31/03/2017 56 72,666 11,598

Aura Silver Resources Inc. Options Boaz, Robert 4, 5 01/07/2016 52 0.23 1,100,000 -450,000

Aura Silver Resources Inc. Options Boberg, Walter William 4 01/07/2016 52 0.23 400,000 -250,000

Aura Silver Resources Inc. Options Franklin, James 4 01/07/2016 52 0.23 400,000 -450,000

Aurcana Corporation Common Shares Aguirre, Adrian 4 29/03/2017 10 0.2775 50,000 -20,000

AuRico Metals Inc. Deferred Share Units Day, Anne 4 04/04/2017 56 277,249 7,488

AuRico Metals Inc. Common Shares Ewing, Grant David 5 05/04/2017 30 1.1686 282,369 1,036

AuRico Metals Inc. Common Shares Fitzgerald, John Michael 5 05/04/2017 30 1.1686 87,255 8,145

AuRico Metals Inc. Common Shares Flahr, David William 5 05/04/2017 30 1.1686 75,353 5,554

AuRico Metals Inc. Deferred Share Units McCluskey, John 4 04/04/2017 56 238,345 7,488

AuRico Metals Inc. Common Shares Miniotis, John 5 05/04/2017 30 6664 6,664

AuRico Metals Inc. Common Shares Miniotis, John 5 05/04/2017 30 1.1686 265,141 6,664

AuRico Metals Inc. Deferred Share Units Perry, Scott Graeme 4 04/04/2017 56 277,249 7,488

AuRico Metals Inc. Common Shares Richter, Christopher Hans 4, 5 05/04/2017 30 1.1686 1,317,855 10,120

AuRico Metals Inc. Common Shares Rockingham, Christopher John

5 05/04/2017 30 1.1686 137,103 6,664

AuRico Metals Inc. Deferred Share Units Spiteri, Joseph George 4 04/04/2017 56 245,149 2,621

AuRico Metals Inc. Deferred Share Units Stairs, Janice Alayne 4 04/04/2017 56 254,053 3,744

Aurion Resources Ltd. Common Shares Clarke, Dennis 4 15/11/2012 00

Aurion Resources Ltd. Common Shares Clarke, Dennis 4 03/04/2017 51 0.1 100,000 100,000

Aurion Resources Ltd. Common Shares Clarke, Dennis 4 03/04/2017 10 1.63 0 -100,000

Aurion Resources Ltd. Options Clarke, Dennis 4 03/04/2017 51 0.1 300,000 -100,000

Aurion Resources Ltd. Common Shares Graham, Richard 4 03/04/2017 51 0.1 231,525 100,000

Aurion Resources Ltd. Common Shares Graham, Richard 4 03/04/2017 10 1.63 131,525 -100,000

Aurion Resources Ltd. Options Graham, Richard 4 03/04/2017 51 0.1 200,000 -100,000

Aurion Resources Ltd. Common Shares Loveys, David 5 03/04/2017 51 0.25 30,454 25,000

Aurion Resources Ltd. Common Shares Loveys, David 5 03/04/2017 51 0.1 130,454 100,000

Aurion Resources Ltd. Common Shares Loveys, David 5 03/04/2017 10 1.63 5,454 -125,000

Aurion Resources Ltd. Options Loveys, David 5 03/04/2017 51 0.25 515,000 -25,000

Aurion Resources Ltd. Options Loveys, David 5 03/04/2017 51 0.1 415,000 -100,000

Aurion Resources Ltd. Common Shares Talikka, Matti 4 03/04/2017 51 0.1 112,000 100,000

Aurion Resources Ltd. Common Shares Talikka, Matti 4 03/04/2017 10 1.63 12,000 -100,000

Aurion Resources Ltd. Options Talikka, Matti 4 03/04/2017 51 0.1 200,000 -100,000

Aurora Cannabis Inc. Common Shares Mayerson, Christopher 7 10/03/2017 10 2.39 -30,000

Aurora Cannabis Inc. Common Shares Mayerson, Christopher 7 10/03/2017 10 2.39 2,778,000 -25,000












Insider Reporting

April 13, 2017

(2017), 40 OSCB 3471



Acquired/ Disposed

Aurora Spine Corporation Common Shares Rosenkrantz, David Aubrey 4 06/04/2017 16 0.18 2,932,000 835,000

Auryn Resources Inc. Common Shares Starr, James Russell Nelles 5 04/04/2017 10 3.1491 1,038,200 2,100

Automotive Finco Corp. (formerly, Augyva Mining Resources Inc.)

Common Shares Billan, Kuldeep 5 04/04/2017 10 2.9 27,277 1,000

Automotive Finco Corp. (formerly, Augyva Mining Resources Inc.)

Common Shares Johansson, Curtis William 4 31/03/2017 10 3 62,971 5,000

Automotive Properties Real Estate Investment Trust

Deferred Units Kalra, Andrew Atul 6, 5 10/07/2015 00


Deferred Units Kalra, Andrew Atul 6, 5 31/03/2017 56 13,685 13,685


Deferred Units Lamb, Milton Donald 5 10/07/2015 00


Deferred Units Lamb, Milton Donald 5 31/03/2017 56 41,248 41,248


Deferred Units Lazier, Francis Stuart 4 31/03/2017 56 5,278 1,744


Deferred Units Morrison, John Rennie 4 31/03/2017 56 5,810 1,916

Avalon Advanced Materials Inc.

Common Shares Bubar, Donald Stephen 4, 5 04/04/2017 10 0.155 5,461,100 50,000

Avanco Capital Corp. Options Evans, Michael Allen 4 28/11/2016 00

Avanco Capital Corp. Options Evans, Michael Allen 4 03/04/2017 50 0.1 204,000 204,000

Avanco Capital Corp. Options Yan, Joanne 4 28/07/2016 00

Avanco Capital Corp. Options Yan, Joanne 4 22/03/2017 50 0.1 272,000 272,000

Avarone Metals Inc. Common Shares levy, marc evan 4, 5 04/04/2017 10 0.02 3,826,401 18,000

Avarone Metals Inc. Common Shares levy, marc evan 4, 5 05/04/2017 10 0.02 3,908,401 82,000

B2Gold Corp. Units Restricted Share Units (Common Shares)

Bartz, Eduard 5 04/04/2017 57 3.83 7,914 -40,099


Bartz, Eduard 5 04/04/2017 57 3.83 48,013 40,099


Bartz, Eduard 5 04/04/2017 10 3.82 7,914 -40,099

B2Gold Corp. Restricted Share Units Cinnamond, Michael Andrew

5 04/04/2017 57 3.83 0 -80,198


5 04/04/2017 57 3.83 80,198 80,198


5 04/04/2017 10 3.82 54,417 -25,781

B2Gold Corp. Common Shares Craig, Dale Alton 5 04/04/2017 57 3.83 43,098 40,099

B2Gold Corp. Common Shares Craig, Dale Alton 5 04/04/2017 10 3.82 30,204 -12,894

B2Gold Corp. Rights Restricted Share Units

Craig, Dale Alton 5 04/04/2017 57 3.83 0 -40,099

B2Gold Corp. Common Shares Garagan, Thomas 5 04/04/2017 57 3.83 3,603,141 80,198

B2Gold Corp. Common Shares Garagan, Thomas 5 04/04/2017 10 3.82 3,522,943 -80,198

B2Gold Corp. Restricted Share Units Garagan, Thomas 5 04/04/2017 57 3.83 0 -80,198

B2Gold Corp. Common Shares Johnson, Clive Thomas 4 04/04/2017 57 3.83 5,966,365 267,326

B2Gold Corp. Restricted Share Units Johnson, Clive Thomas 4 04/04/2017 57 3.83 0 -267,326

B2Gold Corp. Common Shares Lytle, William 5 04/04/2017 57 3.83 80,198 80,198

B2Gold Corp. Common Shares Lytle, William 5 04/04/2017 10 3.82 54,417 -25,781

B2Gold Corp. Restricted Share Units Lytle, William 5 04/04/2017 57 3.83 139,604 -80,198

B2Gold Corp. Common Shares Mackinnon, Hugh 5 04/04/2017 57 3.83 296,809 40,099

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3472



Acquired/ Disposed

B2Gold Corp. Units Restricted Share Units

Mackinnon, Hugh 5 04/04/2017 57 3.83 0 -40,099

B2Gold Corp. Common Shares MacLean, Ian 5 04/04/2017 57 3.83 861,762 40,099

B2Gold Corp. Common Shares MacLean, Ian 5 04/04/2017 51 2 1,111,762 250,000

B2Gold Corp. Common Shares MacLean, Ian 5 04/04/2017 10 3.83 861,762 -250,000

B2Gold Corp. Options MacLean, Ian 5 04/04/2017 51 2 200,000 -250,000

B2Gold Corp. Restricted Share Units MacLean, Ian 5 04/04/2017 57 3.83 0 -40,099

B2Gold Corp. Common Shares Rajala, John Alex 5 04/04/2017 57 3.83 109,303 40,099

B2Gold Corp. Common Shares Rajala, John Alex 5 04/04/2017 10 3.82 96,276 -13,027

B2Gold Corp. Rights Rajala, John Alex 5 04/04/2017 57 3.83 0 -40,099

B2Gold Corp. Stock Options Reeder, Neil 5 01/02/2017 00

B2Gold Corp. Stock Options Reeder, Neil 5 29/03/2017 50 3.78 250,000 250,000

B2Gold Corp. Common Shares Richer, Roger 5 04/04/2017 57 3.83 2,930,198 80,198

B2Gold Corp. Common Shares Richer, Roger 5 04/04/2017 10 3.82 2,850,000 -80,198

B2Gold Corp. Common Shares Richer, Roger 5 04/04/2017 51 2 2,990,000 140,000

B2Gold Corp. Common Shares Richer, Roger 5 04/04/2017 10 3.82 2,850,000 -140,000

B2Gold Corp. Options Richer, Roger 5 04/04/2017 51 2 1,000,000 -140,000

B2Gold Corp. Restricted Share Units Richer, Roger 5 04/04/2017 57 3.83 0 -80,198

B2Gold Corp. Common Shares Scott, Brian 5 04/04/2017 57 3.83 190,013 40,099

B2Gold Corp. Common Shares Scott, Brian 5 04/04/2017 10 3.82 149,914 -40,099

B2Gold Corp. Common Shares Scott, Brian 5 04/04/2017 51 1.12 347,914 198,000

B2Gold Corp. Common Shares Scott, Brian 5 04/04/2017 10 3.81 149,914 -198,000

B2Gold Corp. Options Scott, Brian 5 04/04/2017 51 1.12 527,000 -198,000

B2Gold Corp. Units Restricted Share Units

Scott, Brian 5 04/04/2017 57 3.83 0 -40,099

B2Gold Corp. Common Shares Stansbury, Dennis 5 04/04/2017 57 3.83 3,175,983 80,198

B2Gold Corp. Restricted Share Units Stansbury, Dennis 5 04/04/2017 57 3.83 0 -80,198

Badger Daylighting Ltd. Deferred Shares Best, Catherine May 4 31/03/2017 56 34.51 11,218 2,897

Badger Daylighting Ltd. Deferred Shares Billing, Grant Donald 4 31/03/2017 56 14,130 2,897

Badger Daylighting Ltd. Deferred Shares calnan, david 4 31/03/2017 56 34,733 4,129

Badger Daylighting Ltd. Deferred Shares Carnahan, Kevin Patrick 5 27/03/2017 00

Badger Daylighting Ltd. Deferred Shares Carnahan, Kevin Patrick 5 31/03/2017 56 2,519 2,519

Badger Daylighting Ltd. Performance Share Unit Carnahan, Kevin Patrick 5 27/03/2017 00

Badger Daylighting Ltd. Performance Share Unit Carnahan, Kevin Patrick 5 31/03/2017 56 2,519 2,519

Badger Daylighting Ltd. Deferred Shares Chung, George Wing Hung 5 31/03/2017 56 2,325 1,246

Badger Daylighting Ltd. Performance Share Unit Chung, George Wing Hung 5 31/03/2017 56 2,316 1,246

Badger Daylighting Ltd. Deferred Shares Kelly, John 5 31/03/2017 56 28,391 7,515

Badger Daylighting Ltd. Performance Share Unit Kelly, John 5 31/03/2017 56 45,128 7,515

Badger Daylighting Ltd. Deferred Shares Lingard, William John 4 31/03/2017 56 11,218 2,897

Badger Daylighting Ltd. Deferred Shares Lyle, Mark Lawrence Kennett

5 31/03/2017 56 39,021 1,791

Badger Daylighting Ltd. Performance Share Unit Lyle, Mark Lawrence Kennett

5 31/03/2017 56 3,641 1,791

Badger Daylighting Ltd. Deferred Shares Mihaichuk, Garry Paul 4 31/03/2017 56 36,673 4,259

Badger Daylighting Ltd. Deferred Shares Peterson, Elizabeth 5 31/03/2017 56 10,113 2,879

Badger Daylighting Ltd. Performance Share Unit Peterson, Elizabeth 5 31/03/2017 56 10,085 2,879

Badger Daylighting Ltd. Deferred Shares Reiber, Timothy Hammond 5 31/03/2017 56 4,453 1,327

Badger Daylighting Ltd. Performance Share Unit Reiber, Timothy Hammond 5 31/03/2017 56 16,249 3,983

Badger Daylighting Ltd. Deferred Shares Roane, Glen Dawson 4 03/04/2017 30 34.51 42,629 5,506

Badger Daylighting Ltd. Performance Share Unit Schiefelbein, Jerry 5 31/03/2017 56 34,071 10,974

Badger Daylighting Ltd. Deferred Shares Tunney, Michael James 5 09/01/2017 00

Badger Daylighting Ltd. Deferred Shares Tunney, Michael James 5 31/03/2017 56 2,519 2,519

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3473



Acquired/ Disposed

Badger Daylighting Ltd. Performance Share Unit Tunney, Michael James 5 09/01/2017 00

Badger Daylighting Ltd. Performance Share Unit Tunney, Michael James 5 31/03/2017 56 2,519 2,519

Badger Daylighting Ltd. Performance Share Unit Vanderberg, Paul James 4, 5 31/03/2017 56 76,648 22,386

Ballard Power Systems Inc. Units Deferred Share Units

Bourne, Ian Alexander 4 31/03/2017 56 2.94 278,273 6,377


Hayhurst, Douglas Palmer 4 31/03/2017 56 2.94 173,958 8,928


Le, Duy-Loan 4 01/02/2017 00


Le, Duy-Loan 4 31/03/2017 56 2.22 2,551 2,551


Neese, Marty Tucker 4 31/03/2017 56 2.22 34,010 5,067


Roche, James Norman 4 31/03/2017 56 2.94 40,638 4,464


Stephenson, Carol M. 4 31/03/2017 56 2.94 154,349 3,826


Sutcliffe, Ian Douglas 4 31/03/2017 56 2.94 69,060 4,209

Bank of Montreal Restricted Share Units Roche, Catherine Margaret 5 01/04/2017 59 101.07 6,683 -6,001

Bank of Nova Scotia, The Common Shares Bank of Nova Scotia, The 1 02/03/2017 38 70.84 1,000,000 1,000,000

Bank of Nova Scotia, The Common Shares Bank of Nova Scotia, The 1 02/03/2017 38 78.932 1,577,065 577,065



Bank of Nova Scotia, The Common Shares Bank of Nova Scotia, The 1 06/03/2017 38 1,500,000 -1,000,000



Bank of Nova Scotia, The Common Shares Bank of Nova Scotia, The 1 27/03/2017 38 2,077,000 -567,200








Bank of Nova Scotia, The Common Shares Bank of Nova Scotia, The 1 31/03/2017 38 1,154,130 -1,500,000

Bank of Nova Scotia, The Common Shares Bank of Nova Scotia, The 1 31/03/2017 38 577,065 -577,065

Bank of Nova Scotia, The Common Shares Branion, Andrew 5 05/04/2017 51 63.98 10,926 10,252

Bank of Nova Scotia, The Common Shares Branion, Andrew 5 05/04/2017 10 78.66 674 -10,252

Bank of Nova Scotia, The Options Branion, Andrew 5 05/04/2017 51 63.98 68,698 -10,252

Bank of Nova Scotia, The Common Shares McNamara, Kyle 5 06/04/2017 51 33.89 11,348 4,280

Bank of Nova Scotia, The Common Shares McNamara, Kyle 5 06/04/2017 10 78.752 7,068 -4,280

Bank of Nova Scotia, The Options McNamara, Kyle 5 06/04/2017 51 33.89 -4,280

Bank of Nova Scotia, The Options McNamara, Kyle 5 06/04/2017 51 33.89 64,918 -4,280

Bank of Nova Scotia, The Common Shares Moore, Daniel 5 03/04/2017 00 12,298

Bank of Nova Scotia, The Options Moore, Daniel 5 03/04/2017 00 164,436

Bank of Nova Scotia, The Preferred Shares Series 31

Moore, Daniel 5 03/04/2017 00 15,000

Bank of Nova Scotia, The Rights Performance Share Units (PSU)

Moore, Daniel 5 03/04/2017 00 39,668

Banyan Gold Corp. Common Shares Class "A"

Collins, Allan Jay 3, 4 04/04/2017 10 0.14 7,025,667 -81,000

Banyan Gold Corp. Common Shares Class "A"

Collins, Allan Jay 3, 4 05/04/2017 10 0.14 7,006,667 -19,000

Barker Minerals Ltd. Common Shares Doyle, Colleen 5 29/03/2017 10 0.01 1,693,510 -100,000


Insider Reporting

April 13, 2017

(2017), 40 OSCB 3474



Acquired/ Disposed



Barkerville Gold Mines Ltd. Options VÚzina, Franþois 5 30/03/2017 00 450,000

Barrick Gold Corporation Rights Deferred Share Units (cash settled)

Cisneros, Gustavo Alfredo 4 31/03/2017 56 19.14 103,471 2,612


Cisneros, Gustavo Alfredo 4 31/03/2017 30 17.8 103,641 170


Clow, Graham G. 4 31/03/2017 56 19.14 7,803 1,959


Clow, Graham G. 4 31/03/2017 30 17.8 7,813 10


Doer, Gary Albert 4 31/03/2017 56 19.14 7,803 1,959


Doer, Gary Albert 4 31/03/2017 30 17.8 7,813 10


Evans, John Michael 4 31/03/2017 56 19.14 45,579 2,612


Evans, John Michael 4 31/03/2017 30 17.8 45,652 73


Greenspun, Brian Lee 4 31/03/2017 56 19.14 34,184 1,959


Greenspun, Brian Lee 4 31/03/2017 30 17.8 34,239 55


Harvey, Joseph Brett 4 31/03/2017 56 19.14 75,979 2,612


Harvey, Joseph Brett 4 31/03/2017 30 17.8 76,103 124


Lockhart, Nancy 4 31/03/2017 56 19.14 48,595 2,612


Lockhart, Nancy 4 31/03/2017 30 17.8 48,673 78


Marcet, Pablo 4 31/03/2017 56 19.14 3,528 2,612


Marcet, Pablo 4 31/03/2017 30 17.8 3,530 2


Moyo, Dambisa 4 31/03/2017 56 19.14 47,293 1,959


Moyo, Dambisa 4 31/03/2017 30 17.8 47,370 77


Munk, Anthony 4 31/03/2017 56 19.14 91,848 2,612


Munk, Anthony 4 31/03/2017 30 17.8 91,998 150


Prichard, John Robert Stobo 4 31/03/2017 56 19.14 16,825 2,612


Prichard, John Robert Stobo 4 31/03/2017 30 17.8 16,849 24


Shapiro, Steven J. 4 31/03/2017 56 19.14 71,953 2,612


Shapiro, Steven J. 4 31/03/2017 30 17.8 72,070 117


Thornton, John Lawson 4, 5 31/03/2017 30 17.8 1,136 2


Thrasher, Ernie Leo 4 31/03/2017 56 19.14 48,595 2,612


Thrasher, Ernie Leo 4 31/03/2017 30 17.8 48,673 78

Bayhorse Silver Inc. Common Shares O'Neill, Graeme 5 06/04/2017 51 0.1 4,715,717 75,000

Bayhorse Silver Inc. Options O'Neill, Graeme 5 06/04/2017 51 0.1 666,900 -75,000

Baylin Technologies Inc. Deferred Share Units Day, Stockwell 4 31/03/2017 56 12,456

Baylin Technologies Inc. Deferred Share Units Day, Stockwell 4 31/03/2017 56 12,456

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3475



Acquired/ Disposed

Baylin Technologies Inc. Deferred Share Units Day, Stockwell 4 31/03/2017 56 42,924 1,256

Baylin Technologies Inc. Deferred Share Units Jones, Douglas Aubrey 4 31/03/2017 56 40,451 628

Baylin Technologies Inc. Deferred Share Units Reiter, Barry 4 31/03/2017 56 61,603 1,675

Baylin Technologies Inc. Deferred Share Units SIMMONDS, DONALD E. 4 31/03/2017 56 42,924 1,256

Baylin Technologies Inc. Deferred Share Units Wolkin, Harold Morton 4 31/03/2017 56 55,565 1,675

BCE Inc. Forward Purchase BCE Inc. 1 31/03/2017 70 1 -1

BCE Inc. Forward Purchase BCE Inc. 1 31/03/2017 70 0 -1

BCE Inc. Forward Purchase (3,418,676 Common Shares - settlement date April 15, 2014)

BCE Inc. 1 31/03/2017 70 0 -1

BCE Inc. Forward Purchase (600,000 Common Shares - settlement date April 15, 2014)

BCE Inc. 1 29/12/2010 70 1


BCE Inc. 1 29/12/2010 70 1


BCE Inc. 1 29/12/2010 70 1 1

BCE Inc. Forward Purchase 1,000,000 Common Shares settlement date April 15, 2020

BCE Inc. 1 03/01/2001 00


BCE Inc. 1 31/03/2017 70 1 1


BCE Inc. 1 03/01/2001 00


BCE Inc. 1 31/03/2017 70 1 1

BCE Inc. Forward Purchase 2,067,739 Common Shares - settlement date April 15, 2014

BCE Inc. 1 31/03/2017 70 0 -1


BCE Inc. 1 03/01/2001 00


BCE Inc. 1 31/03/2017 70 1 1


BCE Inc. 1 03/01/2001 00


BCE Inc. 1 31/03/2017 70 1 1

BCE Inc. Forward Purchase 500,000 Common Shares settlement date April 15, 2020

BCE Inc. 1 03/01/2001 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3476



Acquired/ Disposed

BCE Inc. Forward Purchase 500,000 Common Shares settlement date April 15, 2020

BCE Inc. 1 31/03/2017 70 1 1

BE Resources Inc. Common Shares Drake, Shaun Anthony 4 18/05/2016 00 2,500

BE Resources Inc. Options Drake, Shaun Anthony 4 18/05/2016 00

BE Resources Inc. Warrants Drake, Shaun Anthony 4 18/05/2016 00

Beaufield Resources Inc. Common Shares Osisko Mining Inc. 3 04/04/2017 10 0.2478 35,605,400 905,400

Beaufield Resources Inc. Common Shares Osisko Mining Inc. 3 05/04/2017 10 0.265 35,647,800 42,400

Beleave Inc. (formerly Stream Ventures Inc.)

Common Shares Ferreira, Roger Emmanuel 4 30/03/2017 46 2.42 606,040 100,000


Common Shares Whelan-stubbs, Shane 3 16/12/2015 00


Common Shares Whelan-stubbs, Shane 3 31/12/2015 00 2,305,000


Options Whelan-stubbs, Shane 3 16/12/2015 00


Options Whelan-stubbs, Shane 3 31/12/2015 00 485,000

Bellatrix Exploration Ltd. Options Eshleman, Brent Andrew 4 07/04/2017 50 1.2 1,121,000 300,000

Bellatrix Exploration Ltd. Rights Performance Units Eshleman, Brent Andrew 4 07/04/2017 56 429,506 240,000

Bellatrix Exploration Ltd. Rights RSU Eshleman, Brent Andrew 4 07/04/2017 56 94,710 60,000

Benton Resources Inc. Common Shares Stares, Stephen 4 03/04/2017 10 0.11 4,105,765 30,000

Benton Resources Inc. Common Shares Stares, Stephen 4 03/04/2017 10 0.1 691,750 30,000

Big Rock Brewery Inc. Common Shares Noone, Patrick Donnell 4 28/03/2017 10 4.71 12,300

Big Rock Brewery Inc. Common Shares Noone, Patrick Donnell 4 28/03/2017 10 4.71 1,401,500 300

Big Rock Brewery Inc. Common Shares Noone, Patrick Donnell 4 31/03/2017 10 4.6783 1,404,400 2,900

Big Rock Brewery Inc. Common Shares Noone, Patrick Donnell 4 04/04/2017 10 4.73 1,405,000 600

BioSyent Inc. Common Shares D'Souza, Alfred 5 30/03/2017 10 7.6 1,577,800 -5,000

BioSyent Inc. Common Shares D'Souza, Alfred 5 31/03/2017 10 7.75 -1,800

BioSyent Inc. Common Shares D'Souza, Alfred 5 31/03/2017 10 7.75 1,576,000 -1,800

BioSyent Inc. Common Shares Wilson, Kevin 5 12/06/2014 10 8.05 15,000 -10,000

BioSyent Inc. Common Shares Wilson, Kevin 5 16/06/2014 10 7.5 10,000 -5,000

BioSyent Inc. Common Shares Wilson, Kevin 5 28/08/2014 10 9.3 0 -10,000

BioSyent Inc. Common Shares Wilson, Kevin 5 29/09/2016 59 8.47 9,900

BioSyent Inc. Common Shares Wilson, Kevin 5 29/09/2016 59 8.47 9,900

BioSyent Inc. Common Shares Wilson, Kevin 5 29/09/2016 10 8.47 100 -9,900

BioSyent Inc. Common Shares Wilson, Kevin 5 12/12/2016 10 7.9 0 -100

BioSyent Inc. Common Shares - Options Wilson, Kevin 5 13/06/2014 50 81,533 882

BioSyent Inc. Common Shares - Options Wilson, Kevin 5 29/09/2016 59 8.47 -9,900

BioSyent Inc. Common Shares - Options Wilson, Kevin 5 29/09/2016 59 8.47 -9,900

Birchcliff Energy Ltd. Common Shares Carlsen, Christopher Andrew

5 04/04/2017 51 5.96 85,000 85,000

Birchcliff Energy Ltd. Common Shares Carlsen, Christopher Andrew

5 04/04/2017 10 8 0 -85,000

Birchcliff Energy Ltd. Options Carlsen, Christopher Andrew

5 04/04/2017 51 5.96 885,200 -85,000

Birchcliff Energy Ltd. Common Shares Geremia, Bruno P. 5 05/04/2017 10 7.9995 63,000 4,000



Birchcliff Energy Ltd. Common Shares Geremia, Bruno P. 5 04/04/2017 10 8 0 -87,500


Birchcliff Energy Ltd. Options Geremia, Bruno P. 5 04/04/2017 51 5.96 731,000 -87,500

Birchcliff Energy Ltd. Common Shares Schulich, Seymour 3 04/04/2017 10 7.9602 33,000,000 1,000,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3477



Acquired/ Disposed

Birchcliff Energy Ltd. Common Shares Schulich, Seymour 3 30/03/2017 10 7.6765 6,000,000 500,000

Birchcliff Energy Ltd. Common Shares Schulich, Seymour 3 04/04/2017 10 7.71 7,000,000 1,000,000

Birchcliff Energy Ltd. Common Shares Surbey, James William 5 04/04/2017 51 5.96 175,000 175,000

Birchcliff Energy Ltd. Common Shares Surbey, James William 5 04/04/2017 10 8 0 -175,000

Birchcliff Energy Ltd. Options Surbey, James William 5 04/04/2017 51 5.96 631,000 -175,000

Birchcliff Energy Ltd. Options Surbey, James William 5 18/01/2005 00

Birchcliff Energy Ltd. Common Shares Tonken, Aaron Jeffery 4, 5 03/04/2017 10 7.725 10,860 2,400

Birchcliff Energy Ltd. Common Shares Tonken, Aaron Jeffery 4, 5 03/04/2017 10 7.73 10,910 50

Birchcliff Energy Ltd. Common Shares Tonken, Aaron Jeffery 4, 5 04/04/2017 51 5.96 175,000 175,000

Birchcliff Energy Ltd. Common Shares Tonken, Aaron Jeffery 4, 5 04/04/2017 10 8 0 -175,000

Birchcliff Energy Ltd. Options Tonken, Aaron Jeffery 4, 5 04/04/2017 51 5.96 731,000 -175,000

Bird Construction Inc. Deferred Share Units Doyle, Donald Gregory 4 31/03/2017 56 34,962 2,645

Bird Construction Inc. Deferred Share Units DuPont, Bonnie Dianne Rose

4 31/03/2017 56 31,673 1,273

Bird Construction Inc. Deferred Share Units Messier, Luc Jean-Francois 4 14/03/2017 00

Bird Construction Inc. Deferred Share Units Messier, Luc Jean-Francois 4 31/03/2017 56 2,072 2,072

Bird Construction Inc. Deferred Share Units Munkley, Ronald David 4 31/03/2017 56 27,415 2,161

Bird Construction Inc. Deferred Share Units Thorsteinson, Arni Clayton 4 31/03/2017 56 28,651 2,260

Black Bull Resources Inc. Common Shares Wood, David Leonard 4 05/04/2017 97 0.15 2,347,572 296,572

Black Bull Resources Inc. Common Shares Wood, David Leonard 4 05/04/2017 97 0.11 238,193 227,273

BlackBerry Limited (formerly Research In Motion Limited)

Common Shares Chen, John 4, 5 31/03/2017 57 2,072,111 251,889


Common Shares Chen, John 4, 5 31/03/2017 10 7.5801 1,930,996 -141,115


Restricted Share Units Chen, John 4, 5 31/03/2017 58 - Expiration of rights -251,889


Restricted Share Units Chen, John 4, 5 31/03/2017 58 - Expiration of rights -251,889


Restricted Share Units Chen, John 4, 5 31/03/2017 57 9,749,999 -251,889


Common Shares Ho, Sai Yuen (Billy) 5 31/03/2017 57 170,871 61,881


Common Shares Ho, Sai Yuen (Billy) 5 31/03/2017 10 7.5801 136,204 -34,667


Restricted Share Units Ho, Sai Yuen (Billy) 5 31/03/2017 57 96,483 -61,881

Blackbird Energy Inc. Common Shares GMT Capital Corp 4 03/04/2017 10 0.55 3,638,900 128,700

Blackbird Energy Inc. Common Shares Noakes, Donald William Norman

5 06/04/2017 10 0.54 794,300 94,300

Blackbird Energy Inc. Common Shares Wiebe, Craig George 5 31/03/2017 10 0.5 270,000 30,000

Blackline Safety Corp. Common Shares DAK Capital Inc. 3 04/04/2017 51 1.25 7,923,782 250,000

Blackline Safety Corp. Options DAK Capital Inc. 3 04/04/2017 51 0 -250,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3478



Acquired/ Disposed

Blue Ribbon Income Fund (formerly Citadel Diversified Investment Trust)

Trust Units Blue Ribbon Income Fund 1 01/03/2017 38 9.56 3,000 3,000


Trust Units Blue Ribbon Income Fund 1 01/03/2017 38 9.56 0 -3,000






Trust Units Blue Ribbon Income Fund 1 02/03/2017 38 9.56 500 500


Trust Units Blue Ribbon Income Fund 1 02/03/2017 38 9.56 0 -500





















Insider Reporting

April 13, 2017

(2017), 40 OSCB 3479



Acquired/ Disposed

































Insider Reporting

April 13, 2017

(2017), 40 OSCB 3480



Acquired/ Disposed

























BluMetric Environmental Inc. (formerly Seprotech Systems Incorporated)

Options Fleming, Hubert Loy 4 29/03/2017 00


Options Fleming, Hubert Loy 4 30/03/2017 50 60,000 60,000


Common Shares Jog, Vijay Mukund 4 29/03/2017 00 1,000


Options Jog, Vijay Mukund 4 29/03/2017 00


Options Jog, Vijay Mukund 4 30/03/2017 50 60,000 60,000

BNK Petroleum Inc. Common Shares Nicholson, Ford 4 04/04/2017 10 0.215 5,751,697 151,500


Insider Reporting

April 13, 2017

(2017), 40 OSCB 3481



Acquired/ Disposed



BNK Petroleum Inc. Common Shares Redekop, Victor 4 05/04/2017 10 0.22 2,894,437 100,000

Bombardier Inc. Options Beaudoin, Pierre 4, 5 31/03/2017 97 10,464,344 -1,006,798

Bombardier Inc. Performance Share Units/Unites d'actions liees au rendement

Beaudoin, Pierre 4, 5 31/03/2017 97 1.97 586,598 -428,630

Bonavista Energy Corporation

Common Shares Skehar, Jason Edward 4, 5 03/04/2017 10 3.45 411,371 5,000









Boston Pizza Royalties Income Fund

Units Series 2 Special Voting Units

Boston Pizza International Inc.

3 03/01/2003 00

BRAMPTON BRICK LIMITED

Rights Share Appreciation Rights

Bender, Elliot C. 5 12/05/2011 00



Bender, Elliot C. 5 31/03/2017 56 9.01 10,000 10,000



Bratty, Rudolph 4 04/05/2004 00



Bratty, Rudolph 4 31/03/2017 56 9.01 4,000 4,000



Carter, David Reginald 5 08/11/2004 00



Carter, David Reginald 5 31/03/2017 56 9.01 20,000 20,000



Cobbledick, Bradley Stewart 5 06/08/2013 00



Cobbledick, Bradley Stewart 5 31/03/2017 56 9.01 5,000 5,000


Options DeGasperis, Jim V 4 31/03/2017 50 9.01 22,800 4,000



DUKE, JOHN BRADLEY 5 01/06/2003 00



DUKE, JOHN BRADLEY 5 31/03/2017 56 9.01 15,000 15,000



Egan, Shane Christopher 5 22/03/2016 00



Egan, Shane Christopher 5 31/03/2017 56 9.01 10,000 10,000



Grant, Peter David 4 11/05/2005 00



Grant, Peter David 4 31/03/2017 50 9.01 4,000 4,000



Housh, George Scott 5 01/01/2007 00



Housh, George Scott 5 31/03/2017 50 9.01 5,000 5,000



KERBEL, HOWARD C. 4 04/05/2004 00



KERBEL, HOWARD C. 4 31/03/2017 56 9.01 4,000 4,000



Kerbel, Jeffrey G. 3, 4, 5 08/03/2004 00



Kerbel, Jeffrey G. 3, 4, 5 31/03/2017 56 9.01 35,000 35,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3482



Acquired/ Disposed



Macias, Marilia 5 01/01/2007 00



Macias, Marilia 5 31/03/2017 56 9.01 10,000 10,000



Neves, Antonio Manuel 5 01/01/2007 00



Neves, Antonio Manuel 5 31/03/2017 56 9.01 10,000 10,000



Peterson, Adam Kenneth 4, 6 26/05/2016 00



Peterson, Adam Kenneth 4, 6 31/03/2017 56 10,000 10,000



Piecuch, John M. 4 04/05/2004 00



Piecuch, John M. 4 31/03/2017 56 9.01 4,000 4,000



PRYMA, JUDITH 5 01/09/2002 00



PRYMA, JUDITH 5 31/03/2017 56 9.01 10,000 10,000



Sandler, Trevor 5 08/11/2011 00



Sandler, Trevor 5 31/03/2017 56 9.01 20,000 20,000



Smith, Peter Reginald 4 06/05/2003 00



Smith, Peter Reginald 4 31/03/2017 56 9.01 4,000 4,000



TANENBAUM, KENNETH MICHAEL

4 24/05/2012 00



TANENBAUM, KENNETH MICHAEL

4 31/03/2017 56 9.01 4,000 4,000

BrightPath Early Learning Inc. (formerly Edleun Group, Inc.)

Common Shares BrightPath Early Learning Inc.

1 04/04/2017 38 0.4729 8,500 8,500

BrightPath Early Learning Inc. (formerly Edleun Group, Inc.)

Common Shares BrightPath Early Learning Inc.

1 05/04/2017 38 0.47 13,000 4,500

Brookfield Asset Management Inc.

Deferred Share Units Allan, Elyse 4 31/03/2017 30 36.65 5,217 20


Deferred Share Units Allan, Elyse 4 31/03/2017 56 36.65 6,240 1,023


Deferred Share Units Braly, Angela F. 4 31/03/2017 30 36.65 8,901 34


Deferred Share Units Braly, Angela F. 4 31/03/2017 56 36.65 10,094 1,193


Deferred Share Units Coutu, Marcel R. 4 31/03/2017 30 48.87 39,199 116


Deferred Share Units Coutu, Marcel R. 4 31/03/2017 30 36.65 39,232 33


Deferred Share Units Coutu, Marcel R. 4 31/03/2017 56 36.65 40,426 1,194


Deferred Share Units Kempston Darkes, V. Maureen

4 31/03/2017 30 48.87 49,200 155



4 31/03/2017 30 36.65 49,232 32



4 31/03/2017 56 36.65 49,795 563


Deferred Share Units Kerr, David Wylie 4, 6 31/03/2017 30 48.87 26,800 73



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3483



Acquired/ Disposed




Deferred Share Units Lind, Philip Bridgman 4 31/03/2017 30 48.87 127,444 422


Deferred Share Units Lind, Philip Bridgman 4 31/03/2017 30 36.65 127,507 63


Deferred Share Units Lind, Philip Bridgman 4 31/03/2017 56 36.65 128,599 1,092


Deferred Share Units McKenna, Frank 4 31/03/2017 30 48.87 141,347 350


Deferred Share Units McKenna, Frank 4 31/03/2017 30 36.65 141,536 189


Deferred Share Units McKenna, Frank 4 31/03/2017 56 36.65 144,946 3,410


Deferred Share Units Nasr, Youssef 8 31/03/2017 30 48.87 19,853 45






Deferred Share Units O'Donnell, Augustine Thomas

4 31/03/2017 30 48.87 19,804 16



4 31/03/2017 30 36.65 19,864 60



4 31/03/2017 56 36.65 20,989 1,125


Deferred Share Units Seek, Ngee Huat 4 31/03/2017 30 48.87 23,271 29


Deferred Share Units Seek, Ngee Huat 4 31/03/2017 30 36.65 23,331 60


Deferred Share Units Seek, Ngee Huat 4 31/03/2017 56 36.65 24,456 1,125


Deferred Share Units Taylor, Diana 4 31/03/2017 30 48.87 25,468 41


Deferred Share Units Taylor, Diana 4 31/03/2017 30 36.65 25,524 56


Deferred Share Units Taylor, Diana 4 31/03/2017 56 36.65 26,547 1,023


Deferred Share Units Taylor, George Simpson 4 31/03/2017 30 48.87 101,310 348


Deferred Share Units Taylor, George Simpson 4 31/03/2017 30 36.65 101,348 38


Deferred Share Units Taylor, George Simpson 4 31/03/2017 56 36.65 102,610 1,262

Brookfield Infrastructure Partners L.P.

Limited Partnership Units Hamill, David John 4 31/03/2017 30 9,807 221

Brookfield Office Properties Inc.

Preferred Shares Class AAA Series K

Brookfield Property Partners L.P.

3 31/03/2017 38 25 0 -4,586


Preferred Shares Class AAA Series J

Brookfield Property Split Corp.

3 31/03/2017 38 25 370,733 -629,267


Preferred Shares Class AAA Series K

Brookfield Property Split Corp.

3 31/03/2017 38 25 0 -1,000,000

Brookfield Renewable Partners L.P.

Deferred Share Units Christie, Douglas 7 31/03/2017 30 39.13 5,830 56

Brookfield Renewable Partners L.P.

Limited Partnership Units Josefsson, Lars 4 31/03/2017 10 37.111 30,334 10,000

BSM Technologies Inc. Common Shares BSM Technologies Inc. 1 01/03/2017 38 1.5 10,000 10,000





Insider Reporting

April 13, 2017

(2017), 40 OSCB 3484



Acquired/ Disposed





BSM Technologies Inc. Common Shares BSM Technologies Inc. 1 31/03/2017 38 0 -78,200

BTB Real Estate Investment Trust

Parts diffÚrÚes Ducharme, Lucie 4 31/03/2017 46 4.756 6,073 1,839

BTB Real Estate Investment Trust

Parts diffÚrÚes Ducharme, Lucie 4 31/03/2017 35 4.756 6,171 98

Cadillac Ventures Inc. Common Shares Brewster, Norman 5 31/03/2017 10 0.05 4,567,120 50,000

Cadillac Ventures Inc. Common Shares Brewster, Norman 5 03/04/2017 10 0.05 4,592,120 25,000

Cadillac Ventures Inc. Common Shares Universal Precious Development Limited

3 30/03/2017 00


3 30/03/2017 16 0.05 6,800,000 6,800,000


3 30/03/2017 16 0.065 9,705,385 2,905,385

Cadillac Ventures Inc. Warrants Universal Precious Development Limited

3 30/03/2017 00


3 30/03/2017 16 6,800,000 6,800,000


3 30/03/2017 16 9,705,385 2,905,385

Cadillac Ventures Inc. Common Shares Wang, Youliang 4 11/11/2016 00

Cadillac Ventures Inc. Common Shares Wang, Youliang 4 30/03/2017 16 0.05 6,800,000 6,800,000

Cadillac Ventures Inc. Common Shares Wang, Youliang 4 30/03/2017 16 0.065 9,705,385 2,905,385

Cadillac Ventures Inc. Warrants Wang, Youliang 4 11/11/2016 00

Cadillac Ventures Inc. Warrants Wang, Youliang 4 30/03/2017 16 6,800,000 6,800,000

Cadillac Ventures Inc. Warrants Wang, Youliang 4 30/03/2017 16 9,705,385 2,905,385

CAE Inc. Deferred Share Units Billson, Margaret 4 31/03/2017 56 20.36 15,015 1,955

CAE Inc. Deferred Share Units Fortier, Michael M 4 31/03/2017 56 20.36 49,886 2,091

CAE Inc. Deferred Share Units Gagne, Paul Ernest 4 31/03/2017 56 20.36 130,374 2,834

CAE Inc. Deferred Share Units Hankinson, James Floyd 4 31/03/2017 56 20.36 140,416 2,170

CAE Inc. Deferred Share Units MacGibbon, Alan 4 31/03/2017 56 20.36 18,036 2,273

CAE Inc. Deferred Share Units Manley, John Paul 4 31/03/2017 56 20.36 97,462 2,400

CAE Inc. Deferred Share Units Olivier, Franþois 4 09/02/2017 00

CAE Inc. Deferred Share Units Olivier, Franþois 4 31/03/2017 56 20.36 897 897

CAE Inc. Deferred Share Units Schoomaker, Peter J. 4 31/03/2017 56 20.36 87,599 2,361

CAE Inc. Deferred Share Units Stevens, Andrew John 4 31/03/2017 56 20.36 43,749 2,495

CAE Inc. Deferred Share Units Stevenson, Katharine Berghuis

4 31/03/2017 56 20.36 100,025 2,410

Calfrac Well Services Ltd. Options 2004 Stock Option Plan

Treadwell, Scott Antony 5 13/03/2017 00

Calfrac Well Services Ltd. Options 2004 Stock Option Plan

Treadwell, Scott Antony 5 03/04/2017 50 3.43 100,000 100,000

Calfrac Well Services Ltd. RSU Treadwell, Scott Antony 5 13/03/2017 00

Calfrac Well Services Ltd. RSU Treadwell, Scott Antony 5 03/04/2017 56 40,000 40,000

Canaccord Genuity Group Inc.

Rights Deferred Share Units (DSUs)

Bralver, Charles Norman 4 31/03/2017 56 5.1318 48,151 2,436



Carello, Massimo 4 31/03/2017 56 5.1318 37,121 2,436



Desai, Kalpana 4 31/03/2017 56 5.1318 23,957 2,436



Harris, Michael Deane 4 31/03/2017 56 5.1318 106,559 5,359



Lyons, Terrence 4 31/03/2017 56 5.1318 57,167 2,863

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3485



Acquired/ Disposed



Shah, Dipesh Jayantilal 4 31/03/2017 56 5.1318 37,008 2,436

Canacol Energy Ltd. Options (Common Shares)

Baena, Luis Alfredo 5 14/02/2017 52 617,500 -40,000

Canacol Energy Ltd. Restricted Share Units Baena, Luis Alfredo 5 31/03/2017 59 100,000 -63,637


Bednar, Jason Michael 5 14/02/2017 52 758,750 -15,000

Canacol Energy Ltd. Restricted Share Units Bednar, Jason Michael 5 31/03/2017 59 100,000 -67,344


Carvajal, Diego Alfonso 5 14/02/2017 52 675,000 -40,000

Canacol Energy Ltd. Restricted Share Units Carvajal, Diego Alfonso 5 31/03/2017 59 50,000 -34,276

Canacol Energy Ltd. Restricted Share Units Cisneros Fajardo, Oswaldo Jesus

4 31/03/2017 59 15,000 -5,713

Canacol Energy Ltd. Restricted Share Units Diaz Salazar, Francisco 4 31/03/2017 59 15,000 -5,713

Canacol Energy Ltd. Restricted Share Units Elliott, Greg 4 31/03/2017 59 15,000 -5,713

Canacol Energy Ltd. Common Shares Flick, Kevin James 5 03/04/2017 51 3.38 289,501 12,500






Flick, Kevin James 5 14/02/2017 52 269,666 -40,000












Gamba, Charle 4, 5 14/02/2017 52 1,525,500 -95,000

Canacol Energy Ltd. Restricted Share Units Gamba, Charle 4, 5 31/03/2017 59 150,000 -115,454

Canacol Energy Ltd. Common Shares Hensman, Stuart Philip 4 03/04/2017 51 2.21 15,750 15,750





Hensman, Stuart Philip 4 14/02/2017 52 135,000 -10,000









Canacol Energy Ltd. Restricted Share Units Hensman, Stuart Philip 4 31/03/2017 59 15,000 -7,236

Canacol Energy Ltd. Restricted Share Units Hibberd, Michael John 4 31/03/2017 59 3.86 20,000 -13,710

Canacol Energy Ltd. Restricted Share Units Sharma, Ravi 5 31/03/2017 59 100,000 -66,687

Canacol Energy Ltd. Restricted Share Units Sosa Schlageter, Alberto Jose

4 31/03/2017 59 15,000 -5,713


Teare, Mark Reginald 5 14/02/2017 52 822,500 -40,000

Canacol Energy Ltd. Restricted Share Units Teare, Mark Reginald 5 31/03/2017 59 100,000 -67,344


Winter, David A 4 14/02/2017 52 149,500 -10,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3486



Acquired/ Disposed

Canacol Energy Ltd. Restricted Share Units Winter, David A 4 31/03/2017 59 15,000 -7,236


Zaidi, Anthony Amar 5 14/02/2017 52 1,182,500 -40,000

Canacol Energy Ltd. Restricted Share Units Zaidi, Anthony Amar 5 31/03/2017 59 -66,637

Canacol Energy Ltd. Restricted Share Units Zaidi, Anthony Amar 5 31/03/2017 59 100,000 -63,637

Canadian Apartment Properties Real Estate Investment Trust

Rights Restricted Unit Rights

Ehrlich, David 5 27/02/2017 56 32.02 17,957 2,342

Canadian High Income Equity Fund

Units Canadian High Income Equity Fund

1 02/03/2017 38 9.65 3,000 3,000



1 02/03/2017 38 9.65 0 -3,000



1 02/03/2017 38 9.5 2,500 2,500



1 02/03/2017 38 9.5 0 -2,500



1 03/03/2017 38 9.51 3,000 3,000



1 03/03/2017 38 9.51 0 -3,000



1 06/03/2017 38 9.51 1,300 1,300



1 06/03/2017 38 9.51 0 -1,300



1 07/03/2017 38 9.51 300 300



1 07/03/2017 38 9.51 0 -300



1 14/03/2017 38 9.58 3,000 3,000



1 14/03/2017 38 9.58 0 -3,000



1 17/03/2017 38 9.55 3,000 3,000



1 17/03/2017 38 9.55 0 -3,000



1 20/03/2017 38 9.58 3,000 3,000



1 20/03/2017 38 9.58 0 -3,000



1 21/03/2017 38 9.58 3,000 3,000



1 21/03/2017 38 9.58 0 -3,000



1 24/03/2017 38 9.6 1,700 1,700



1 24/03/2017 38 9.6 0 -1,700



1 27/03/2017 38 9.59 3,000 3,000



1 27/03/2017 38 9.59 0 -3,000



1 29/03/2017 38 9.66 3,000 3,000



1 29/03/2017 38 9.66 0 -3,000



1 30/03/2017 38 9.66 3,000 3,000



1 30/03/2017 38 9.66 0 -3,000

Canadian Metals Inc. Options Gendron, Anik 5 01/04/2017 00 50,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3487



Acquired/ Disposed

Canadian National Railway Company

Common Shares Canadian National Railway Company

1 01/03/2017 38 91.179 166,438 80,572



1 02/03/2017 38 91.758 160,472 79,900



1 03/03/2017 38 79,900 -80,572



1 03/03/2017 38 92.629 159,150 79,250



1 06/03/2017 38 79,250 -79,900



1 06/03/2017 38 93.068 162,545 83,295



1 07/03/2017 38 83,295 -79,250



1 07/03/2017 38 93.674 170,305 87,010



1 08/03/2017 38 87,010 -83,295



1 08/03/2017 38 93.478 173,068 86,058



1 09/03/2017 38 86,058 -87,010



1 09/03/2017 38 93.464 172,115 86,057



1 10/03/2017 38 86,057 -86,058



1 10/03/2017 38 93.753 168,951 82,894



1 13/03/2017 38 82,894 -86,057



1 13/03/2017 38 94.101 168,094 85,200



1 14/03/2017 38 85,200 -82,894



1 14/03/2017 38 93.412 171,100 85,900



1 15/03/2017 38 85,900 -85,200



1 15/03/2017 38 93.171 173,350 87,450



1 16/03/2017 38 87,450 -85,900



1 16/03/2017 38 93.343 174,700 87,250



1 17/03/2017 38 87,250 -87,450



1 17/03/2017 38 93.145 174,600 87,350



1 20/03/2017 38 87,350 -87,250



1 20/03/2017 38 92.743 175,150 87,800



1 21/03/2017 38 87,800 -87,350



1 21/03/2017 38 92.675 184,500 96,700



1 22/03/2017 38 96,700 -87,800



1 22/03/2017 38 92.423 193,650 96,950



1 23/03/2017 38 96,950 -96,700

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3488



Acquired/ Disposed



1 23/03/2017 38 93.186 193,150 96,200



1 24/03/2017 38 96,200 -96,950



1 24/03/2017 38 93.468 196,400 100,200



1 27/03/2017 38 100,200 -96,200



1 27/03/2017 38 93.605 187,100 86,900



1 28/03/2017 38 86,900 -100,200



1 28/03/2017 38 94.814 172,800 85,900



1 29/03/2017 38 85,900 -86,900



1 29/03/2017 38 94.7 159,406 73,506



1 30/03/2017 38 73,506 -85,900



1 30/03/2017 38 95.132 79,306 5,800



1 31/03/2017 38 5,800 -73,506



1 31/03/2017 38 95.172 91,300 85,500



1 03/04/2017 38 85,500 -5,800



1 04/04/2017 38 0 -85,500

Canadian Natural Resources Limited

Common Shares Best, Catherine May 4 03/04/2017 46 43.34 29,228 1,000


DSU Faithfull, Timothy W. 4 03/04/2017 46 26,000 1,000


Common Shares Filmon, Gary 4 03/04/2017 46 43.341 16,990 1,000


Common Shares Fong, Christopher Lee 4 03/04/2017 46 43.341 27,588 1,000


Common Shares Frankiw, Allan E 5 07/04/2017 10 45.14 19,569 -1,000


Common Shares Giffin, Gordon D. 4 03/04/2017 46 43.341 63,821 1,000


Common Shares Gobert, Wilfred Arthur 4 03/04/2017 46 43.341 27,884 1,000


Common Shares McKay, Timothy Shawn 5 05/04/2017 51 28.06 1,172,284 20,000


Common Shares McKay, Timothy Shawn 5 05/04/2017 51 44.978 1,152,284 -20,000


Options McKay, Timothy Shawn 5 05/04/2017 51 28.06 1,120,000 -20,000


DSU McKenna, Frank 4 03/04/2017 46 32,010 1,000


Common Shares Stauth, Scott Gerald 5 15/02/2017 90 39.69 -6,130


Common Shares Stauth, Scott Gerald 5 15/02/2017 90 39.69 -6,130


Common Shares Stauth, Scott Gerald 5 12/12/2006 00


Common Shares Stauth, Scott Gerald 5 31/03/2017 90 13,972 13,972


Common Shares Stauth, Scott Gerald 5 15/02/2017 90 39.69 6,130

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3489



Acquired/ Disposed


Common Shares Stauth, Scott Gerald 5 15/02/2017 90 39.69 6,130


Common Shares Stauth, Scott Gerald 5 31/03/2017 90 0 -13,972


Common Shares Tuer, David 4 03/04/2017 46 43.341 76,508 1,000


Common Shares Verschuren, Annette Marie 4 03/04/2017 46 43.341 10,257 1,000

Canadian Orebodies Inc. Common Shares McKinnon, Gordon Scott Townsend

4, 5 31/03/2017 10 0.38 1,666,112 3,000


4, 5 31/03/2017 10 0.385 1,667,112 1,000


4, 5 31/03/2017 10 0.395 1,669,112 2,000

Canadian Pacific Railway Limited

Rights DSU Baird, John Russell 4 31/03/2017 56 195.34 2,418 301


Rights DSU Courville, Isabelle 4 31/03/2017 56 195.34 5,829 170


Rights DSU Denham, Gillian H. (Jill) 4 31/03/2017 56 195.34 687 301


Rights DSU Fatt, William Robert 4 31/03/2017 56 195.34 774 339


Rights DSU MACDONALD, REBECCA 4 31/03/2017 56 195.34 8,259 339


Rights DSU Paull, Matthew 4 31/03/2017 56 146.31 2,262 453


Rights DSU Peverett, Jane Leslie 4 31/03/2017 56 195.34 363 301


Rights DSU Reardon, Andrew Fitzpatrick 4 31/03/2017 56 146.31 8,699 675


Rights DSU Trafton II, Gordon T. 4 01/01/2017 00


Rights DSU Trafton II, Gordon T. 4 31/03/2017 56 146.31 401 401

Canadian Tire Corporation, Limited

Deferred Share Units Anderson, Eric Thomas 4 01/10/2016 00


Deferred Share Units Anderson, Eric Thomas 4 31/03/2017 56 153.74 442


Deferred Share Units Anderson, Eric Thomas 4 31/03/2017 56 153.74 442


Deferred Share Units Anderson, Eric Thomas 4 31/03/2017 56 153.74 442 442


Deferred Share Units Boivin, Pierre 4 31/03/2017 56 153.74 4,513 338


Non-Voting Shares Class A


1 03/04/2017 38 158.28 15,000 15,000




1 03/04/2017 38 0 -15,000




1 04/04/2017 38 159.75 15,000 15,000




1 04/04/2017 38 0 -15,000




1 05/04/2017 38 161.92 15,000 15,000




1 05/04/2017 38 0 -15,000




1 06/04/2017 38 162.73 7,500 7,500




1 06/04/2017 38 0 -7,500




1 07/04/2017 38 162.14 7,500 7,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3490



Acquired/ Disposed




1 07/04/2017 38 0 -7,500


Performance Share Units Christie, James Robert 5 30/03/2017 59 9,015 -4,027


Performance Share Units Collver, Robyn Anne 3, 7, 5 30/03/2017 59 3,897 -1,790


Performance Share Units Craig, Gregory George 7, 5 30/03/2017 59 4,285 -1,611


Deferred Share Units Derbyshire, Mark Elwin 4 31/03/2017 56 153.74 1,266 333


Deferred Share Units Fulton, Duncan Stanley Allpress

7, 5 30/03/2017 56 153.93 1,781 487


Performance Share Units Fulton, Duncan Stanley Allpress

7, 5 30/03/2017 59 7,664 -1,662


Deferred Share Units Furlong, John Aloysius Francis

4 31/03/2017 56 153.74 5,260 155


Deferred Share Units L'Heureux, Claude R. 4 31/03/2017 56 153.74 10,422 286


Deferred Share Units MacDonald, Allan Angus 5 30/03/2017 56 153.93 7,457 1,026


Performance Share Units MacDonald, Allan Angus 5 30/03/2017 59 10,333 -3,046


Performance Share Units McCann, Dean Charles 7, 5 30/03/2017 59 9,015 -5,072


Performance Share Units Mongeau, Robert 7 30/03/2017 59 3,699 -1,457


Performance Share Units Nakamachi, Jane 5 30/03/2017 59 1,903 -952


Performance Share Units Nathanson, Douglas Bigler 7, 5 30/03/2017 59 4,257 -1,662


Performance Share Units O'Brien, Susan M 5 30/03/2017 59 2,799 -952


Deferred Share Units Price, Timothy Robert 4 31/03/2017 56 153.74 16,935 195


Performance Share Units Roman, Eugene O. 5 30/03/2017 59 9,084 -2,045


Performance Share Units Sheldon, Joseph Barry 7 30/03/2017 59 1,096 -401


Deferred Share Units Vallance, George Alexander 4 31/03/2017 56 153.74 11,600 319


Deferred Share Units von Hahn, Anatol 4 31/03/2017 56 153.74 1,994 338


Performance Share Units White, Richard Jay (Rick) 7, 5 30/03/2017 59 6,558 -3,451


Deferred Share Units Wickramasinghe, Mahes S 5 26/02/2015 00


Deferred Share Units Wickramasinghe, Mahes S 5 30/03/2017 56 153.93 1,617 1,617

Canadian Utilities Limited Non-Voting Shares Class A

Sentgraf Enterprises Ltd. 3 01/03/2017 30 35.304 75,964,115 430,898


Southern-Heathcott, Linda A.

4 01/03/2017 30 35.304 9,805 92


Southern-Heathcott, Linda A.

4 01/03/2017 30 35.305 9,845 40


Southern, Nancy C. 4, 6, 7, 5 01/03/2017 30 35.304 163,591 1,639

Canadian Western Bank Common Shares Bibby, Andrew John 4 31/03/2017 30 8,930 67

Canadian Western Bank Common Shares Bibby, Andrew John 4 31/03/2017 30 1,068 8

Canadian Western Bank Options Fowler, Christopher Hector 5 17/06/2016 52 30.757 -14,074

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3491



Acquired/ Disposed

Canadian Western Bank Options Fowler, Christopher Hector 5 04/07/2016 52 30.757 367,790 -14,074

Canadian Western Bank Options Hallson, Richard Norman 5 10/03/2017 50 48,535 4,849

Canadian Western Bank Rights Restricted Share Units

Hallson, Richard Norman 5 31/03/2017 30 6,158 93

CANEX Metals Inc. (formerly Northern Abitibi Mining Corp.)

Common Shares Cageorge, John Douglas 4 03/04/2017 37 14,060 -56,242


Common Shares Cageorge, John Douglas 4 03/04/2017 37 10,000 -40,000


Common Shares Ebert, Shane William 4 03/04/2017 37 361,788 -1,447,155


Common Shares Hayes, Lesley Olive 4 03/04/2017 37 43,600 -174,400


Common Shares Jutras, Jean Pierre 4, 5 03/04/2017 37 86,631 -346,524


Common Shares Jutras, Jean Pierre 4, 5 03/04/2017 37 65,015 -260,062


Common Shares O'Neill, Barbara Michele 5 03/04/2017 37 53,238 -212,953





Canfor Pulp Products Inc. Common Shares Canfor Pulp Products Inc. 1 03/04/2017 38 11.99 264,903 700

Canfor Pulp Products Inc. Common Shares Canfor Pulp Products Inc. 1 07/04/2017 38 11.99 265,003 100

Canoe EIT Income Fund Trust Units Wilson, W. Brett 4 24/03/2017 10 11.836 78,487 -67,100

Canopy Growth Corporation Common Shares Bell, John K. 4 02/03/2017 10 3.85 31,250

Canopy Growth Corporation Common Shares Bell, John K. 4 02/03/2017 51 3.85 31,250 31,250





Canopy Growth Corporation Common Shares Bell, John K. 4 30/03/2017 10 10.55 77,917 -5,000





Canopy Growth Corporation Common Shares Linton, Bruce 3, 4, 5 29/03/2017 10 10.74 2,959,325 -156,900

Canopy Growth Corporation Common Shares Linton, Bruce 3, 4, 5 29/03/2017 10 10.564 2,766,225 -193,100

Canopy Growth Corporation Common Shares Saunders, Timothy Rob 5 27/02/2017 10 1.92 116,667

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3492



Acquired/ Disposed

Canopy Growth Corporation Common Shares Saunders, Timothy Rob 5 27/02/2017 51 1.92 116,667 116,667

Canopy Growth Corporation Common Shares Saunders, Timothy Rob 5 27/02/2017 10 2.95 50,000

Canopy Growth Corporation Common Shares Saunders, Timothy Rob 5 27/02/2017 51 2.95 50,000 50,000

Canopy Growth Corporation Common Shares Zekulin, Mark Anthony Nicholas

5 07/02/2017 10 0.43 234,415

Canopy Growth Corporation Common Shares Zekulin, Mark Anthony Nicholas

5 07/02/2017 51 0.43 468,830 234,415

Capstone Infrastructure Corporation

Class A Shares iCON Infrastructure Management III Limited

3 31/03/2017 36 1.123 304,609,155 76,875,993


Preferred Shares Cumulative 5-Year Rate Reset Preferred Shares, Series A

iCON Infrastructure Management III Limited

3 29/04/2016 00




3 29/03/2017 10 12.148 26,000 26,000




3 30/03/2017 10 12.219 42,800 16,800




3 05/04/2017 10 12.301 57,600 14,800


Class A Shares iCON Infrastructure Partners III, L.P.

3 31/03/2017 36 1.123 304,609,155 76,875,993



iCON Infrastructure Partners III, L.P.

3 29/04/2016 00

Capstone Infrastructure

Corporation

Preferred Shares

Cumulative 5-Year Rate Reset Preferred Shares, Series A

iCON Infrastructure

Partners III, L.P.

3 29/03/2017 10 12.148 26,000 26,000




3 30/03/2017 10 12.219 42,800 16,800




3 05/04/2017 10 12.301 57,600 14,800

Cardiome Pharma Corp. Common Shares McMasters, David D. 5 28/03/2017 57 35,006 1,856

Cardiome Pharma Corp. Units Restricted Share Units

McMasters, David D. 5 28/03/2017 57 3,238 -3,238

Cardiome Pharma Corp. Options Sachot, Hugues 5 31/03/2017 38 3.03 97,700 -125,000


Sachot, Hugues 5 28/03/2017 57 28,834 -3,238


Sachot, Hugues 5 31/03/2017 56 71,756 42,922

Cargojet Inc. Common Voting Shares Porteous, Jamie Bennett 4, 5 30/03/2017 10 46.5 3,883 -1,300

Carl Data Solutions Inc. Common Shares Scharfe, Jason Wesley 4 31/03/2017 10 0.34 1,324,500 -5,000

Carrus Capital Corporation Common Shares Shynkaryk, Chester 5 03/04/2017 10 0.58 95,500 -7,500



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3493



Acquired/ Disposed

Cava Resources Inc. (formerly Sea Green Capital Corp.)

Common Shares Falconer, Alexander 4 31/03/2017 10 0.27 25,050 -10,000

CCL Industries Inc. Rights Deferred Share Units

Block, Paul J. 4 31/03/2017 56 289.11 15,467 30


Galifi, Vincent Joseph 4 31/03/2017 56 289.11 147 73


Guillet, Edward 4 31/03/2017 56 289.11 13,548 27


Horn, Alan Douglas 4 31/03/2017 56 289.11 19,506 39


Keller-Hobson, Kathleen 4 31/03/2017 56 289.11 1,178 2


Lang, Erin Melissa 4 31/03/2017 56 289.11 81 7


Lang, Stuart W. 4 31/03/2017 56 289.11 5,991 12


Muzyka, Douglas W. 4 31/03/2017 56 289.11 173 9


Peddie, Tom 4 31/03/2017 56 289.11 30,891 61


Shapansky, Mandy 4 31/03/2017 56 289.11 1,582 3

Celestica Inc. Deferred Share Units DiMaggio, Dan 4 03/04/2017 56 14.53 157,667 3,162

Celestica Inc. Deferred Share Units Etherington, William 4 03/04/2017 56 14.53 362,217 6,194

Celestica Inc. Deferred Share Units Gross, Thomas 4 03/04/2017 56 14.53 5,805 3,162

Celestica Inc. Deferred Share Units Koellner, Laurette 4 03/04/2017 56 14.53 181,034 3,420

Celestica Inc. Deferred Share Units Natale, Joe 4 03/04/2017 56 14.53 137,457 4,043

Celestica Inc. Deferred Share Units Onex Corporation 3 31/03/2017 56 14.53 181,712 4,043

Celestica Inc. Deferred Share Units Perry, Carol Susan 4 03/04/2017 56 14.53 86,275 4,044

Celestica Inc. Deferred Share Units Ryan, Eamon James 4 03/04/2017 56 14.53 232,905 3,226

Celestica Inc. Deferred Share Units Wilson, Michael M. 4 03/04/2017 56 14.53 150,993 4,216

Cenovus Energy Inc. Performance Share Units Alden, Gary Marvin 7 04/04/2017 56 6,042 2,207

Cenovus Energy Inc. Restricted Share Units Alden, Gary Marvin 7 04/04/2017 56 14.95 6,148 2,207

Cenovus Energy Inc. Options Chhina, Harbir Singh 5 04/04/2017 50 14.95 1,706,103 245,731

Cenovus Energy Inc. Performance Share Units Chhina, Harbir Singh 5 04/04/2017 56 147,973 48,518

Cenovus Energy Inc. Options Cooke, Shane Darrell 5 04/04/2017 50 14.95 122,049 20,227

Cenovus Energy Inc. Performance Share Units Cooke, Shane Darrell 5 04/04/2017 56 18,890 8,361

Cenovus Energy Inc. Restricted Share Units Cooke, Shane Darrell 5 04/04/2017 56 14.95 9,563 4,181

Cenovus Energy Inc. Deferred Share Units Daniel, Patrick Darold 4 31/03/2017 56 15.05 182,079 1,295

Cenovus Energy Inc. Deferred Share Units Delaney, Ian William 4 31/03/2017 56 15.05 230,645 1,519

Cenovus Energy Inc. Options Fairburn, Judy 5 04/04/2017 50 14.95 438,210 77,073

Cenovus Energy Inc. Performance Share Units Fairburn, Judy 5 04/04/2017 56 41,313 14,957

Cenovus Energy Inc. Options Ferguson, Brian Charles 4, 5 04/04/2017 50 14.95 3,729,418 598,295

Cenovus Energy Inc. Performance Share Units Ferguson, Brian Charles 4, 5 04/04/2017 56 369,840 121,264

Cenovus Energy Inc. Performance Share Units Hofstetter, Larry Allen 7 04/04/2017 56 14,681 5,686

Cenovus Energy Inc. Restricted Share Units Hofstetter, Larry Allen 7 04/04/2017 56 14.95 10,288 5,686

Cenovus Energy Inc. Deferred Share Units Leer, Steven Forrest 4 31/03/2017 56 15.05 27,968 1,594

Cenovus Energy Inc. Common Shares Marcogliese, Richard Joseph

4 03/04/2017 10 11.199 15,000 5,000

Cenovus Energy Inc. Deferred Share Units Marcogliese, Richard Joseph

4 31/03/2017 56 15.05 17,017 1,594

Cenovus Energy Inc. Options McFadyen, Kieron 5 06/04/2016 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3494



Acquired/ Disposed

Cenovus Energy Inc. Options McFadyen, Kieron 5 04/04/2017 50 14.95 285,073 285,073

Cenovus Energy Inc. Performance Share Units McFadyen, Kieron 5 04/04/2017 56 133,027 55,304

Cenovus Energy Inc. Options McGillivray, Jacqueline Angela Thomson

5 04/04/2017 50 14.95 515,906 143,138

Cenovus Energy Inc. Performance Share Units McGillivray, Jacqueline Angela Thomson

5 04/04/2017 56 71,567 27,777

Cenovus Energy Inc. Deferred Share Units Mongeau, Claude 4 31/03/2017 56 15.05 14,310 1,295

Cenovus Energy Inc. Deferred Share Units Nielsen, Valerie Anne Abernethy

4 31/03/2017 56 15.05 217,637 323

Cenovus Energy Inc. Options Pease, Robert William 5 04/04/2017 50 14.95 769,248 192,312

Cenovus Energy Inc. Performance Share Units Pease, Robert William 5 04/04/2017 56 199,652 65,462

Cenovus Energy Inc. Options Pollock, Robert John 5 04/04/2017 50 14.95 228,930 32,362

Cenovus Energy Inc. Performance Share Units Pollock, Robert John 5 04/04/2017 56 35,971 13,378

Cenovus Energy Inc. Restricted Share Units Pollock, Robert John 5 04/04/2017 56 14.95 18,279 6,689

Cenovus Energy Inc. Common Shares Reid, Alan Craig 5 05/04/2017 10 15.059 25,846 9,800

Cenovus Energy Inc. Options Reid, Alan Craig 5 04/04/2017 50 14.95 608,012 154,147

Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 04/04/2017 56 80,369 29,914

Cenovus Energy Inc. Options Robertson, Neil William 5 04/04/2017 50 14.95 287,170 38,430

Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 04/04/2017 56 40,932 15,886

Cenovus Energy Inc. Restricted Share Units Robertson, Neil William 5 04/04/2017 56 14.95 20,788 7,943

Cenovus Energy Inc. Options Ruste, Ivor Melvin 5 04/04/2017 50 14.95 1,241,226 192,311

Cenovus Energy Inc. Performance Share Units Ruste, Ivor Melvin 5 04/04/2017 56 146,815 48,138

Cenovus Energy Inc. Options Schiller, Danny Elmer 5 04/04/2017 50 14.95 395,717 49,191

Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 04/04/2017 56 50,418 20,334

Cenovus Energy Inc. Restricted Share Units Schiller, Danny Elmer 5 04/04/2017 56 14.95 25,678 10,167

Cenovus Energy Inc. Options Zieglgansberger, Joseph Drew

5 04/04/2017 50 14.95 691,094 154,147

Cenovus Energy Inc. Performance Share Units Zieglgansberger, Joseph Drew

5 04/04/2017 56 80,369 29,914

Cenovus Energy Inc. Deferred Share Units Zygocki, Rhonda Ivy 4 31/03/2017 56 15.05 14,645 1,594

Centerra Gold Inc. Rights Restricted Share Units

Connor, Richard Webster 4 31/03/2017 56 7.48 3,693 3,693


Girard, Raphael Arthur 4 31/03/2017 56 7.48 32,310 5,364


Kubatov, Eduard 4 31/03/2017 56 7.48 7,369 3,693


Kyshtobaev, Nurlan 4 31/03/2017 56 7.48 7,369 3,693


Lang, Stephen A. 5 31/03/2017 56 7.48 52,950 7,771


Parrett, Michael S. 4 31/03/2017 56 7.48 41,585 3,693

Centerra Gold Inc. Common Shares Perron, Jacques 4 31/03/2017 57 7.48 92,906 1,846


Perron, Jacques 4 31/03/2017 56 7.48 3,693 3,693


Perron, Jacques 4 31/03/2017 59 7.48 1,846 -1,847


Perron, Jacques 4 31/03/2017 57 7.48 0 -1,846


Pressler, Sheryl 4 31/03/2017 56 7.48 3,693 3,693

Centerra Gold Inc. Deferred Share Units Rogers, Terry Vernon 6 31/03/2017 56 7.48 63,461 739

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3495



Acquired/ Disposed


Rogers, Terry Vernon 6 31/03/2017 56 7.48 2,955 2,955


Sagynov, Bektur 4 31/03/2017 56 7.48 7,369 3,693

Centerra Gold Inc. Deferred Share Units Walter, Bruce V. 4 31/03/2017 56 7.48 81,897 6,017

Centric Health Corporation (formerly Alegro Health Corp.)

Common Shares Mason, Diane Lynn 5 31/03/2017 57 0.73 173,435 33,333

Centric Health Corporation (formerly Alegro Health Corp.)

Restricted Stock Units Mason, Diane Lynn 5 31/03/2017 57 0.73 142,222 -33,333

Ceres Global Ag Corp. Common Shares Ceres Global Ag Corp. 1 02/03/2017 38 5.81 6,738 400

Ceres Global Ag Corp. Common Shares Ceres Global Ag Corp. 1 02/03/2017 38 5.81 8,438 1,700










Ceres Global Ag Corp. Common Shares Ceres Global Ag Corp. 1 21/03/2017 38 5.82 18,376 -200

Ceres Global Ag Corp. Common Shares Ceres Global Ag Corp. 1 21/03/2017 38 5.82 16,476 -1,900

































Insider Reporting

April 13, 2017

(2017), 40 OSCB 3496



Acquired/ Disposed
































Ceres Global Ag Corp. Common Shares Joel, Harvey T. 4 05/04/2017 46 2,306 1,295

Ceres Global Ag Corp. Rights DSU Joel, Harvey T. 4 31/03/2017 56 46,657 4,504

Ceres Global Ag Corp. Common Shares Mize, Gary 4 05/04/2017 46 9,599 2,734

Ceres Global Ag Corp. Rights DSU Mize, Gary 4 31/03/2017 56 42,744 2,443

Ceres Global Ag Corp. Common Shares Speers, Douglas Edgar 4 05/04/2017 46 18,885 2,282

Ceres Global Ag Corp. Rights DSU Speers, Douglas Edgar 4 31/03/2017 56 48,471 2,665

CGI Group Inc. Subordinate Voting Shares Classe A

Groupe CGI inc. 1 21/03/2017 38 150,000 -139,600


Groupe CGI inc. 1 21/03/2017 38 63.035 198,200 48,200


Groupe CGI inc. 1 22/03/2017 38 73,200 -125,000


Groupe CGI inc. 1 22/03/2017 38 62.145 128,200 55,000


Groupe CGI inc. 1 23/03/2017 38 103,200 -25,000


Groupe CGI inc. 1 23/03/2017 38 62.685 153,200 50,000


Groupe CGI inc. 1 24/03/2017 38 105,000 -48,200


Groupe CGI inc. 1 24/03/2017 38 62.595 155,000 50,000


Groupe CGI inc. 1 27/03/2017 38 100,000 -55,000


Groupe CGI inc. 1 27/03/2017 38 62.483 150,000 50,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3497



Acquired/ Disposed


Groupe CGI inc. 1 28/03/2017 38 100,000 -50,000


Groupe CGI inc. 1 28/03/2017 38 63.136 125,000 25,000


Groupe CGI inc. 1 29/03/2017 38 75,000 -50,000


Groupe CGI inc. 1 29/03/2017 38 63.177 99,700 24,700


Groupe CGI inc. 1 30/03/2017 38 49,700 -50,000


Groupe CGI inc. 1 30/03/2017 38 63.858 63,100 13,400


Groupe CGI inc. 1 31/03/2017 38 38,100 -25,000


Groupe CGI inc. 1 31/03/2017 38 63.928 63,100 25,000

Chartwell Retirement Residences

Deferred Units Bastarache, Lise 4 31/03/2017 46 15.469 65,164 1,568


Rights Restricted Trust Units

Binions, W. Brent 4, 5 31/03/2017 30 15.198 167,737 1,271



Boulakia, Jonathan 5 31/03/2017 30 15.198 40,466 318



Chateauvert, Sheri Lynn 5 31/03/2017 30 15.198 41,441 333


Deferred Units Harris, Michael Deane 4 31/03/2017 46 15.469 237,515 5,835


Deferred Units Kuzmicki, Andre 7 31/03/2017 46 15.469 142,870 3,459


Deferred Units Robinson, Sidney P H 4 31/03/2017 46 15.469 180,691 4,384


Deferred Units Sallows, Sharon 4 31/03/2017 46 15.469 99,473 3,045



Sullivan, Karen Leslie 5 31/03/2017 30 15.198 45,412 368


Deferred Units Thomas, John Huw 4 31/03/2017 46 15.469 71,865 2,807



Volodarski, Vlad 5 31/03/2017 30 15.198 46,048 378

Chinook Energy Inc. Common Shares Angevine, Jill Terilee 4 04/04/2017 57 0.37 29,514 5,359

Chinook Energy Inc. Common Shares Angevine, Jill Terilee 4 04/04/2017 10 0.37 26,575 -2,939

Chinook Energy Inc. Common Shares Angevine, Jill Terilee 4 04/04/2017 57 0.37 28,955 2,380

Chinook Energy Inc. Common Shares Angevine, Jill Terilee 4 04/04/2017 10 0.37 27,650 -1,305

Chinook Energy Inc. Share Units-performance Angevine, Jill Terilee 4 04/04/2017 57 0.37 3,638 -3,573

Chinook Energy Inc. Share Units-restricted Angevine, Jill Terilee 4 04/04/2017 57 0.37 5,455 -2,380

Chinook Energy Inc. Common Shares Brister, Matthew 4, 5 04/04/2017 57 0.37 872,028 1,718

Chinook Energy Inc. Common Shares Brister, Matthew 4, 5 04/04/2017 10 0.37 871,086 -942

Chinook Energy Inc. Common Shares Brister, Matthew 4, 5 04/04/2017 57 0.37 874,948 3,862

Chinook Energy Inc. Common Shares Brister, Matthew 4, 5 04/04/2017 10 0.37 872,830 -2,118

Chinook Energy Inc. Share Units-performance Brister, Matthew 4, 5 04/04/2017 57 3,638 -2,575

Chinook Energy Inc. Share Units-restricted Brister, Matthew 4, 5 04/04/2017 57 5,455 -1,718

Chinook Energy Inc. Common Shares Clark, Stuart George 4 04/04/2017 57 0.37 33,094 1,718

Chinook Energy Inc. Common Shares Clark, Stuart George 4 04/04/2017 10 0.37 32,152 -942

Chinook Energy Inc. Common Shares Clark, Stuart George 4 04/04/2017 57 0.37 36,014 3,862

Chinook Energy Inc. Common Shares Clark, Stuart George 4 04/04/2017 10 0.37 33,896 -2,118

Chinook Energy Inc. Share Units-performance Clark, Stuart George 4 04/04/2017 57 3,638 -2,575

Chinook Energy Inc. Share Units-restricted Clark, Stuart George 4 04/04/2017 57 5,455 -1,718

Chinook Energy Inc. Common Shares Dranchuk, Jason Brent 5 06/04/2017 57 10485 10,485

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3498



Acquired/ Disposed

Chinook Energy Inc. Common Shares Dranchuk, Jason Brent 5 06/04/2017 57 10485 10,485

Chinook Energy Inc. Common Shares Dranchuk, Jason Brent 5 06/04/2017 57 0.36 284,946 10,485

Chinook Energy Inc. Options Dranchuk, Jason Brent 5 03/04/2017 50 621,500

Chinook Energy Inc. Options Dranchuk, Jason Brent 5 03/04/2017 50 1,266,500 621,500

Chinook Energy Inc. Share Units-restricted Dranchuk, Jason Brent 5 06/04/2017 57 15,768 -10,485

Chinook Energy Inc. Options Halpen, Timothy Sean 5 03/04/2017 50 1,122,500 552,500

Chinook Energy Inc. Common Shares Herdman, Robert 4 04/04/2017 57 0.37 11,638 3,862

Chinook Energy Inc. Common Shares Herdman, Robert 4 04/04/2017 10 0.37 9,520 -2,118

Chinook Energy Inc. Common Shares Herdman, Robert 4 04/04/2017 57 0.37 11,238 1,718

Chinook Energy Inc. Common Shares Herdman, Robert 4 04/04/2017 10 0.37 10,296 -942

Chinook Energy Inc. Options Herdman, Robert 4 03/04/2017 50 206,800 150,000

Chinook Energy Inc. Share Units-performance Herdman, Robert 4 04/04/2017 58 - Expiration

of rights

0.37 -2,575

Chinook Energy Inc. Share Units-performance Herdman, Robert 4 04/04/2017 57 0.37 3,638 -2,575

Chinook Energy Inc. Share Units-restricted Herdman, Robert 4 04/04/2017 57 0.37 5,455 -1,718

Chinook Energy Inc. Common Shares Iverach, Q.C., Robert John 4 04/04/2017 57 0.37 43,803 5,359

Chinook Energy Inc. Common Shares Iverach, Q.C., Robert John 4 04/04/2017 11 0.37 -2,939

Chinook Energy Inc. Common Shares Iverach, Q.C., Robert John 4 04/04/2017 10 0.37 40,864 -2,939

Chinook Energy Inc. Common Shares Iverach, Q.C., Robert John 4 04/04/2017 57 0.37 43,244 2,380

Chinook Energy Inc. Common Shares Iverach, Q.C., Robert John 4 04/04/2017 10 0.37 41,939 -1,305

Chinook Energy Inc. Options Iverach, Q.C., Robert John 4 03/04/2017 50 0.38 206,800 150,000

Chinook Energy Inc. Share Units-performance Iverach, Q.C., Robert John 4 04/04/2017 57 0.37 3,638 -3,573

Chinook Energy Inc. Share Units-restricted Iverach, Q.C., Robert John 4 04/04/2017 56 0.37 -2,380

Chinook Energy Inc. Share Units-restricted Iverach, Q.C., Robert John 4 04/04/2017 57 0.37 5,455 -2,380

Chinook Energy Inc. Options Lerner, Chad Tyler 5 03/04/2017 50 928,500 483,000

Chinook Energy Inc. Common Shares Vrataric, Walter 5 04/04/2017 57 0.37 598,676 43,455




Chinook Energy Inc. Options Vrataric, Walter 5 03/04/2017 50 870,000

Chinook Energy Inc. Options Vrataric, Walter 5 03/04/2017 50 1,440,000 870,000

Chinook Energy Inc. Share Units-performance Vrataric, Walter 5 04/04/2017 57 28,446 -28,970

Chinook Energy Inc. Share Units-restricted Vrataric, Walter 5 06/04/2017 57 16,933 -10,485

Chinook Energy Inc. Common Shares White, Ryan Craig 5 23/12/2011 00

Chinook Energy Inc. Common Shares White, Ryan Craig 5 06/04/2017 10 0.36 16,000 16,000

Chinook Energy Inc. Options White, Ryan Craig 5 03/04/2017 50 978,000 483,000

Chinook Energy Inc. Common Shares Wierzba, P. Grant 4, 5 04/04/2017 57 0.37 107,571 1,718

Chinook Energy Inc. Common Shares Wierzba, P. Grant 4, 5 04/04/2017 10 0.37 106,629 -942

Chinook Energy Inc. Common Shares Wierzba, P. Grant 4, 5 04/04/2017 57 0.37 110,491 3,862

Chinook Energy Inc. Common Shares Wierzba, P. Grant 4, 5 04/04/2017 10 0.37 108,373 -2,118

Chinook Energy Inc. Common Shares Wierzba, P. Grant 4, 5 05/04/2017 10 0.37 1,351,684 -25,000

Chinook Energy Inc. Common Shares Wierzba, P. Grant 4, 5 06/04/2017 10 0.3601 1,140,539 -211,145

Chinook Energy Inc. Options Wierzba, P. Grant 4, 5 03/04/2017 50 150,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3499



Acquired/ Disposed

Chinook Energy Inc. Options Wierzba, P. Grant 4, 5 03/04/2017 50 206,800 150,000

Chinook Energy Inc. Share Units-performance Wierzba, P. Grant 4, 5 04/04/2017 57 3,638 -2,575

Chinook Energy Inc. Share Units-restricted Wierzba, P. Grant 4, 5 04/04/2017 57 5,455 -1,718

Chinook Energy Inc. Share Units-restricted Wierzba, P. Grant 4, 5 04/04/2017 57 -2,575

Chinook Energy Inc. Common Shares Zacharias, Darrel Grant 5 06/04/2017 57 0.36 366,069 6,290

Chinook Energy Inc. Common Shares Zacharias, Darrel Grant 5 06/04/2017 10 0.36 362,611 -3,458

Chinook Energy Inc. Common Shares Zacharias, Darrel Grant 5 01/01/2012 00

Chinook Energy Inc. Common Shares Zacharias, Darrel Grant 5 06/04/2017 10 0.37 15,000 15,000

Chinook Energy Inc. Options Zacharias, Darrel Grant 5 03/04/2017 50 1,072,500 552,500

Chinook Energy Inc. Share Units-restricted Zacharias, Darrel Grant 5 06/04/2017 57 14,205 -6,290

Choice Properties Real Estate Investment Trust

Rights Deferred Units Adams, Kerry Dawn 4 31/03/2017 30 33,696 143


Rights Deferred Units Adams, Kerry Dawn 4 03/04/2017 56 34,894 1,198


Rights Deferred Units Clark, Christie James Beckett

4, 6 31/03/2017 30 4,710 20


Rights Deferred Units Clark, Christie James Beckett

4, 6 03/04/2017 56 5,791 1,081


Rights Deferred Units Eadie, Graeme McAlilster 4 26/06/2013 00


Rights Deferred Units Eadie, Graeme McAlilster 4 03/04/2017 56 1,089 1,089


Rights Deferred Units Felman, Michelle 4 31/03/2017 30 40,656 173


Rights Deferred Units Felman, Michelle 4 03/04/2017 56 42,817 2,161


Rights Deferred Units Kitt, Michael 4 31/03/2017 30 45,614 194


Rights Deferred Units Kitt, Michael 4 03/04/2017 56 48,009 2,395


Rights Deferred Units Sullivan, Daniel Francis 4 31/03/2017 30 25,527 108


Rights Deferred Units Sullivan, Daniel Francis 4 03/04/2017 56 26,878 1,351


Rights Deferred Units Weiss, Paul Raymond 4 31/03/2017 30 24,397 104


Rights Deferred Units Weiss, Paul Raymond 4 03/04/2017 56 25,297 900


Rights Deferred Units Weston, Willard Galen Garfield

4, 6 31/03/2017 30 47,145 200


Rights Deferred Units Weston, Willard Galen Garfield

4, 6 03/04/2017 56 49,630 2,485

Chorus Aviation Inc. Deferred Share Units Collins, Gary 4 31/03/2017 56 7.4356 142,373 1,009

Chorus Aviation Inc. Deferred Share Units Cramm, Karen 4 31/03/2017 56 7.4356 76,212 1,614

Chorus Aviation Inc. Deferred Share Units Falconer, Richard Douglas 4 31/03/2017 56 7.4356 71,749 2,438

Chorus Aviation Inc. Deferred Share Units Hannahs, R. Stephen 4 31/03/2017 56 7.4356 21,655 2,320

Chorus Aviation Inc. Deferred Share Units Isaacs, Sydney John 4, 7 31/03/2017 56 7.4356 77,660 1,009

Chorus Aviation Inc. Deferred Share Units MacCormack, G. Ross 4 31/03/2017 56 7.4356 111,742 838

Chorus Aviation Inc. Deferred Share Units McCoy, Richard H. 4 31/03/2017 56 7.4356 205,733 4,371

Chorus Aviation Inc. Deferred Share Units Morin, Marie-Lucie 4, 5 31/03/2017 56 7.4356 7,614 1,227

CI Financial Corp. Deferred Share Unit Baxendale, Sonia 4 15/10/2013 00

CI Financial Corp. Deferred Share Unit Baxendale, Sonia 4 31/03/2017 56 26.64 1,314 1,314

CI Financial Corp. Common Shares CI Financial Corp. 1 03/03/2017 38 26.993 129,061 129,061

CI Financial Corp. Common Shares CI Financial Corp. 1 03/03/2017 38 0 -129,061




Insider Reporting

April 13, 2017

(2017), 40 OSCB 3500



Acquired/ Disposed


































CI Financial Corp. Deferred Share Unit Derksen, Paul 4 01/01/2009 00

CI Financial Corp. Deferred Share Unit Derksen, Paul 4 31/03/2017 56 26.64 1,548 1,548

CI Financial Corp. Deferred Share Unit Miller, David P. 4 15/10/2013 00

CI Financial Corp. Deferred Share Unit Miller, David P. 4 31/03/2017 56 26.64 1,314 1,314

CIBT Education Group Inc. Common Shares Chu, Toby 4, 5 03/03/2017 10 0.64 5,580,347 25,000

CIBT Education Group Inc. Common Shares Chu, Toby 4, 5 30/03/2017 10 0.66 10,000





CIBT Education Group Inc. Common Shares Feng, Derek Yiyi 4 28/06/2011 00

CIBT Education Group Inc. Common Shares Feng, Derek Yiyi 4 13/01/2017 51 0.24 100,000 100,000

CIBT Education Group Inc. Options Feng, Derek Yiyi 4 06/01/2017 51 0.24 0 -100,000

Cielo Waste Solutions Corp. Common Shares Class A Allan, Clayton Donald 4, 5 03/03/2017 11 0.055 11,914,348 -2,036,364

Cielo Waste Solutions Corp. Common Shares Class A Allan, Clayton Donald 4, 5 17/03/2017 11 0.055 13,950,712 2,036,364

Cielo Waste Solutions Corp. Common Shares Class A Angeltvedt, Melvin Ross 4 05/04/2017 36 0.1 312,188

Cielo Waste Solutions Corp. Common Shares Class A Angeltvedt, Melvin Ross 4 23/02/2016 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3501



Acquired/ Disposed

Cielo Waste Solutions Corp. Common Shares Class A Angeltvedt, Melvin Ross 4 05/04/2017 36 0.1 312,188 312,188

Cielo Waste Solutions Corp. Convertible Debentures 1mm Offering

Angeltvedt, Melvin Ross 4 23/02/2016 00

Cielo Waste Solutions Corp. Convertible Debentures 1mm Offering

Angeltvedt, Melvin Ross 4 31/03/2017 16 0.1 $10,000 $10,000

Cielo Waste Solutions Corp. Options Sept 19, 2011 Angeltvedt, Melvin Ross 4 23/02/2016 00

Cielo Waste Solutions Corp. Options Sept 19, 2011 Angeltvedt, Melvin Ross 4 07/11/2016 50 500,000 500,000

Cielo Waste Solutions Corp. Options Sept 19, 2011 Dovbniak, Chris 4 19/12/2014 00

Cielo Waste Solutions Corp. Options Sept 19, 2011 Dovbniak, Chris 4 07/11/2016 50 500,000 500,000

Cielo Waste Solutions Corp. Options Sept 19, 2011 MacKenzie, Doug 4 11/06/2013 00

Cielo Waste Solutions Corp. Options Sept 19, 2011 MacKenzie, Doug 4 07/11/2016 50 500,000 500,000

Cipher Pharmaceuticals Inc. Common Shares Aigner, Stefan 4 15/03/2017 57 31,644 1,500

Cipher Pharmaceuticals Inc. Restricted Share Units Aigner, Stefan 4 15/03/2017 57 0 -1,500

Cipher Pharmaceuticals Inc. Common Shares Angaritis, Linda Melanie 5 15/03/2017 57 2,396 1,398

Cipher Pharmaceuticals Inc. Restricted Share Units Angaritis, Linda Melanie 5 15/03/2017 57 3,614 -1,398

Cipher Pharmaceuticals Inc. Common Shares Beaudet, Mark 4 03/04/2017 57 27,617 1,500

Cipher Pharmaceuticals Inc. Restricted Share Units Beaudet, Mark 4 03/04/2017 57 0 -1,500

Cipher Pharmaceuticals Inc. Common Shares Bohrer, Ralph 5 15/03/2017 57 4,906 3,773

Cipher Pharmaceuticals Inc. Restricted Share Units Bohrer, Ralph 5 15/03/2017 57 7,545 -3,773

Cipher Pharmaceuticals Inc. Common Shares Bulger, Lynne Cheryl 5 15/03/2017 57 1,540 1,330

Cipher Pharmaceuticals Inc. Restricted Share Units Bulger, Lynne Cheryl 5 15/03/2017 57 3,439 -1,330

Cipher Pharmaceuticals Inc. Common Shares Chypyha, Joan 5 15/03/2017 57 5,849 3,092

Cipher Pharmaceuticals Inc. Restricted Share Units Chypyha, Joan 5 15/03/2017 57 7,870 -3,092

Cipher Pharmaceuticals Inc. Common Shares Godin, Christian 4 15/03/2017 57 3,169 1,500

Cipher Pharmaceuticals Inc. Restricted Share Units Godin, Christian 4 15/03/2017 57 0 -1,500

Cipher Pharmaceuticals Inc. Common Shares Lemieux, Stephen 5 12/09/2016 00

Cipher Pharmaceuticals Inc. Common Shares Lemieux, Stephen 5 15/03/2017 57 3,582 3,582

Cipher Pharmaceuticals Inc. Restricted Share Units Lemieux, Stephen 5 15/03/2017 57 7,164 -3,582

Cipher Pharmaceuticals Inc. Common Shares Spina, Mark 7 15/03/2017 57 7,886 2,664

Cipher Pharmaceuticals Inc. Restricted Share Units Spina, Mark 7 15/03/2017 57 4,799 -2,664

Cipher Pharmaceuticals Inc. Common Shares Weiler, Peter John 5 15/03/2017 57 4,244 1,325

Cipher Pharmaceuticals Inc. Restricted Share Units Weiler, Peter John 5 15/03/2017 57 3,429 -1,325

Cipher Pharmaceuticals Inc. Common Shares Wellner, Thomas Gordon 4 15/03/2017 57 16,801 1,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3502



Acquired/ Disposed

Cipher Pharmaceuticals Inc. Restricted Share Units Wellner, Thomas Gordon 4 15/03/2017 57 0 -1,500

Cipher Pharmaceuticals Inc. Common Shares Wiseman, Stephen R. 4 15/03/2017 57 15,003 1,500

Cipher Pharmaceuticals Inc. Restricted Share Units Wiseman, Stephen R. 4 15/03/2017 57 0 -1,500

Cipher Pharmaceuticals Inc. Common Shares Wolkin, Harold Morton 4 15/03/2017 57 20,518 1,500

Cipher Pharmaceuticals Inc. Restricted Share Units Wolkin, Harold Morton 4 15/03/2017 57 0 -1,500

CKR Carbon Corporation Options Gosselin, RÚjean 4 04/04/2017 50 445,000 225,000

CKR Carbon Corporation Common Shares Inwentash, Sheldon 4, 5 04/04/2017 00 1,000,000

CKR Carbon Corporation Common Shares Inwentash, Sheldon 4, 5 04/04/2017 00 1,000,000

CKR Carbon Corporation Options Inwentash, Sheldon 4, 5 04/04/2017 00

CKR Carbon Corporation Options Inwentash, Sheldon 4, 5 04/04/2017 50 2,500,000 2,500,000

CKR Carbon Corporation Warrants Inwentash, Sheldon 4, 5 04/04/2017 00 1,000,000

CKR Carbon Corporation Warrants Inwentash, Sheldon 4, 5 04/04/2017 00 1,000,000

CKR Carbon Corporation Options Johnstone, William Roy 5 04/04/2017 50 325,000 225,000

CKR Carbon Corporation Options Moreno, Luisa de Fatima Furtado

4 04/04/2017 50 525,000 225,000

CKR Carbon Corporation Options Moss, Roger 4, 5 04/04/2017 50 500,000 300,000

Clarke Inc. Common Shares Clarke Inc. 1 03/04/2017 10 10.65 759,600 4,000

Clearwater Seafoods Incorporated

Deferred Share Units Craighead, Jane 4 31/12/2016 56 11.323 2,561

Clearwater Seafoods Incorporated

Deferred Share Units Craighead, Jane 4 31/12/2016 56 11.323 11,207 2,726

Cogeco Inc Subordinate Voting Shares actions subalternes Ó droit de vote

Cogeco Inc. 1 01/03/2017 38 62.06 400 400


Cogeco Inc. 1 01/03/2017 38 62 1,300 900


Cogeco Inc. 1 01/03/2017 38 62.13 100


Cogeco Inc. 1 01/03/2017 38 62.13 1,500 200


Cogeco Inc. 1 01/03/2017 38 62.16 1,600 100


Cogeco Inc. 1 01/03/2017 38 62.12 187


Cogeco Inc. 1 01/03/2017 38 62.12 1,887 287


Cogeco Inc. 1 01/03/2017 38 62.18 2,087 200


Cogeco Inc. 1 02/03/2017 38 62.15 2,487 400

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3503



Acquired/ Disposed


Cogeco Inc. 1 02/03/2017 38 62.12 2,587 100


Cogeco Inc. 1 02/03/2017 38 62.14 2,787 200


Cogeco Inc. 1 02/03/2017 38 62.16 3,087 300


Cogeco Inc. 1 02/03/2017 38 62.1 3,287 200


Cogeco Inc. 1 02/03/2017 38 62.18 3,487 200


Cogeco Inc. 1 02/03/2017 38 62.2 3,887 400


Cogeco Inc. 1 02/03/2017 38 62.23 4,087 200


Cogeco Inc. 1 02/03/2017 38 62.19 4,174 87


Cogeco Inc. 1 03/03/2017 38 61.807 6,161 1,987


Cogeco Inc. 1 06/03/2017 38 61.398 8,248 2,087


Cogeco Inc. 1 07/03/2017 38 61.281 10,035 1,787


Cogeco Inc. 1 08/03/2017 38 61.19 10,435 400


Cogeco Inc. 1 08/03/2017 38 61.24 10,635 200


Cogeco Inc. 1 08/03/2017 38 61.1 10,835 200


Cogeco Inc. 1 08/03/2017 38 61.18 11,122 287


Cogeco Inc. 1 09/03/2017 38 61.25 11,222 100

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3504



Acquired/ Disposed


Cogeco Inc. 1 09/03/2017 38 61.28 11,622 400


Cogeco Inc. 1 09/03/2017 38 61.21 11,909 287


Cogeco Inc. 1 09/03/2017 38 61.26 12,009 100


Cogeco Inc. 1 10/03/2017 38 61.58 12,209 200


Cogeco Inc. 1 10/03/2017 38 61.59 12,609 400


Cogeco Inc. 1 10/03/2017 38 61.53 12,709 100


Cogeco Inc. 1 10/03/2017 38 61.39 13,109 400


Cogeco Inc. 1 10/03/2017 38 61.21 13,209 100


Cogeco Inc. 1 10/03/2017 38 61.26 13,409 200


Cogeco Inc. 1 10/03/2017 38 61.37 13,696 287


Cogeco Inc. 1 13/03/2017 38 61.58 14,096 400


Cogeco Inc. 1 13/03/2017 38 61.65 14,196 100


Cogeco Inc. 1 13/03/2017 38 61.6 14,296 100


Cogeco Inc. 1 13/03/2017 38 61.61 14,483 187


Cogeco Inc. 1 14/03/2017 38 61.25 14,683 200


Cogeco Inc. 1 14/03/2017 38 61.39 14,883 200

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3505



Acquired/ Disposed


Cogeco Inc. 1 14/03/2017 38 61.35 14,983 100


Cogeco Inc. 1 14/03/2017 38 61.45 15,083 100


Cogeco Inc. 1 14/03/2017 38 61.55 15,283 200


Cogeco Inc. 1 14/03/2017 38 61.56 15,370 87


Cogeco Inc. 1 14/03/2017 38 61.57 15,470 100


Cogeco Inc. 1 14/03/2017 38 61.5 15,570 100


Cogeco Inc. 1 15/03/2017 38 61.63 15,770 200


Cogeco Inc. 1 15/03/2017 38 61.46 16,170 400


Cogeco Inc. 1 15/03/2017 38 61.43 16,270 100


Cogeco Inc. 1 15/03/2017 38 61.48 16,857 587

Cominar Real Estate Investment Trust

Parts diffÚrÚes LÚpine, Johanne 4 06/04/2017 56 14.5 11,129 675

Computer Modelling Group Ltd.

Common Shares Balic, Sandra 5 30/03/2017 51 9.09 48,400 5,000


Common Shares Balic, Sandra 5 31/03/2017 10 10.25 46,000 -2,400


Common Shares Balic, Sandra 5 31/03/2017 10 10.31 45,000 -1,000


Options Balic, Sandra 5 30/03/2017 51 9.09 176,000 -5,000


Common Shares Nghiem, Long X 5 31/03/2017 10 10.35 816,800 -5,000

Concordia International Corp. (formerly Concordia Healthcare Corp.)

Combination of stock options and/or restricted share units

Oberman, Allan Grant 4, 5 17/03/2017 56 2.53 1,321,047

Concordia International Corp. (formerly Concordia Healthcare Corp.)

Units Restricted Share Units

Oberman, Allan Grant 4, 5 17/03/2017 56 2.53 2,062,887 1,321,047

Condor Petroleum Inc. Options Balderston, Dennis Blair 4 04/04/2017 52 85,000 -12,500

Condor Petroleum Inc. Options Bogle, Edward Warren 4 04/04/2017 52 85,000 -12,500

Condor Petroleum Inc. Options Dawson, Walter Alfred 4 04/04/2017 52 85,000 -12,500

Condor Petroleum Inc. Options Hatcher, William Bradley 5 03/04/2017 50 632,500 120,000

Condor Petroleum Inc. Options Hatcher, William Bradley 5 04/04/2017 52 562,500 -70,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3506



Acquired/ Disposed

Condor Petroleum Inc. Options Kaltenbach, H.E. Stefan (Dr.)

4, 6 04/04/2017 52 85,000 -12,500

Condor Petroleum Inc. Options Quilty, Stanley Martin 5 03/04/2017 50 632,500 120,000

Condor Petroleum Inc. Options Quilty, Stanley Martin 5 04/04/2017 52 562,500 -70,000

Condor Petroleum Inc. Options Roosen, Sean 4 04/04/2017 52 5 85,000 -12,500

Condor Petroleum Inc. Options Storm, Norman 6 04/04/2017 52 220,000 -50,000

Condor Petroleum Inc. Options Streu, Donald James 4, 5 04/04/2017 52 467,000 -75,000

Condor Petroleum Inc. Options Whittaker, Roger David 5 04/04/2017 52 342,500 -70,000

Condor Petroleum Inc. Options Zoellner, Werner (Dr.) 5 04/04/2017 52 85,000 -12,500

Constantine Metal Resources Ltd.

Common Shares Tognetti, John 3 04/04/2017 10 0.135 15,409,000 61,000

Constellation Software Inc. Common Shares Symons, Barry Alan 5 04/04/2017 30 641.51 6,437 504

Constellation Software Inc. Common Shares Symons, Barry Alan 5 04/04/2017 30 641.51 3,699 76

Constellation Software Inc. Common Shares Symons, Barry Alan 5 04/04/2017 30 641.51 417 28

Continental Gold Inc. Common Shares Begin, Paul Philemon 5 10/06/2015 00

Continental Gold Inc. Common Shares Begin, Paul Philemon 5 06/04/2017 10 3.75 4,008 4,008

Continental Gold Inc. Common Shares Begin, Paul Philemon 5 06/04/2017 10 3.75 65,992 1,524

Continental Gold Inc. Common Shares Carrizosa, Martin Jose 4 03/04/2017 10 3.93 74,070 59,070

Continental Gold Inc. Common Shares Carrizosa, Martin Jose 4 03/04/2017 10 3.95 75,480 1,410

Continental Gold Inc. Common Shares Sattler, Christopher Joseph 4 08/02/2017 00

Continental Gold Inc. Common Shares Sattler, Christopher Joseph 4 05/04/2017 10 3.7798 6,000 6,000

Continental Gold Inc. Common Shares Sussman, Ari B 4, 5 06/04/2017 10 3.68 1,596,097 5,000

Continental Gold Inc. Common Shares Thomas, Kenneth Glyndwr 4 05/04/2017 10 3.86 8,200 5,000

Copper Mountain Mining Corporation

Common Shares Aunger, Bruce William 4 30/03/2017 10 1.09 155,000 2,500

Copper Mountain Mining Corporation

Options Aunger, Bruce William 4 05/04/2017 52 250,000 -100,000

COPPER REEF MINING CORPORATION

Common Shares Jackson, William John 5 05/04/2017 11 0.05 2,100,000 2,000,000


Warrants Jackson, William John 5 05/04/2017 11 0.05 4,200,000 4,000,000


Common Shares Kendall, David Wayne 5 05/04/2017 11 0.025 1,580,000 200,000


Warrants Kendall, David Wayne 5 05/04/2017 11 0.05 1,000,000 200,000

Copperbank Resources Corp.

Common Shares Kovacevic, John Gianni 4, 5 03/04/2017 10 0.065 9,726,800 50,000

Copperbank Resources Corp.

Common Shares Kovacevic, John Gianni 4, 5 06/04/2017 10 0.075 9,826,800 100,000

Coro Mining Corp. Common Shares Greenstone Resources L.P. 3 04/04/2017 11 0.15 330,216,988 59,935,464

Corridor Resources Inc. Deferred Share Unit (DSU)

McKee, James Simon 4 31/03/2017 56 161,480 24,261

Corus Entertainment Inc. Non-Voting Shares Class B

Shaw Communications Inc. 3 31/03/2017 30 12.774 78,068,548 530,722


Shaw, Bradley 3 31/03/2017 30 12.774 708 17


Shaw, Bradley 3 31/03/2017 30 12.774 262 8


Shaw, Bradley 3 31/03/2017 30 12.774 262 8


Shaw, Bradley 3 31/03/2017 30 12.774 131 4


Shaw, Bradley 3 31/03/2017 30 12.774 262 8


Shaw, Bradley 3 31/03/2017 30 12.774 262 8

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3507



Acquired/ Disposed


Shaw, Jim 3 31/03/2017 30 12.774 1,404 11


Shaw, Jim 3 31/03/2017 30 12.774 51 6


Shaw, JR 3 31/03/2017 30 12.774 798,603 2,979


Shaw, JR 3 31/03/2017 30 12.774 8,567 97


Shaw, Julie Marie 4 31/03/2017 30 12.774 8,306 79


Shaw, Julie Marie 4 31/03/2017 30 12.774 427 9

CounterPath Corporation Common Shares Carothers, Todd 5 03/04/2017 30 2.3588 5,406 110

CounterPath Corporation Common Shares Jones, Donovan 4, 5 03/04/2017 30 3.15 69,507 863

CounterPath Corporation Common Shares Karp, David Lawrence 5 03/04/2017 30 3.15 20,889 145

Crescent Point Energy Corp. Deferred Share Units Amirault, Rene 4 01/04/2017 56 35,616 5,024

Crescent Point Energy Corp. Deferred Share Units Bannister, Peter 4 01/04/2017 56 41,450 351

Crescent Point Energy Corp. Restricted Share Units Bannister, Peter 4 01/04/2017 56 17,412 5,270

Crescent Point Energy Corp. Common Shares Christie, Derek Wayne 5 01/04/2017 57 271,134 14,228

Crescent Point Energy Corp. Common Shares Christie, Derek Wayne 5 01/04/2017 97 264,303 -6,831

Crescent Point Energy Corp. Restricted Share Units Christie, Derek Wayne 5 01/04/2017 57 105,127 -14,228

Crescent Point Energy Corp. Restricted Share Units Cillis, Laura Ann 4 01/04/2017 56 17,382 5,024

Crescent Point Energy Corp. Restricted Share Units Gillard, D. Hugh 4 01/04/2017 56 17,167 5,024

Crescent Point Energy Corp. Restricted Share Units Heinemann, Robert Frederick

4 01/04/2017 56 14,528 5,024

Crescent Point Energy Corp. Deferred Share Units Jackson, Michael Sidney 4 01/04/2017 56 3,722 632

Crescent Point Energy Corp. Restricted Share Units Jackson, Michael Sidney 4 09/11/2016 00

Crescent Point Energy Corp. Restricted Share Units Jackson, Michael Sidney 4 01/04/2017 56 5,024 5,024

Crescent Point Energy Corp. Restricted Share Units Munroe, Barbara Elaine 4 01/04/2017 56 12,934 5,024

Crescent Point Energy Corp. Deferred Share Units ROMANZIN, GERALD A. 4 01/04/2017 56 33,800 1,510

Crescent Point Energy Corp. Restricted Share Units ROMANZIN, GERALD A. 4 01/04/2017 56 13,124 3,513

Crescent Point Energy Corp. Restricted Share Units Saxberg, Scott 4 01/04/2017 56 363,777 78,847

Crescent Point Energy Corp. Deferred Share Units Turnbull, Gregory George 4 01/04/2017 56 45,443 5,024

Crew Energy Inc. Common Shares BOWMAN, JAMIE 5 31/03/2017 57 4.91 121,856 22,274


Crew Energy Inc. Common Shares BOWMAN, JAMIE 5 31/03/2017 10 4.91 99,582 -25,986



Crew Energy Inc. Common Shares BOWMAN, JAMIE 5 03/04/2017 10 4.96 139,140 -38,434

Crew Energy Inc. Performance Awards BOWMAN, JAMIE 5 31/03/2017 57 152,275 -11,137

Crew Energy Inc. Performance Awards BOWMAN, JAMIE 5 03/04/2017 57 118,850 -33,425

Crew Energy Inc. Restricted Awards BOWMAN, JAMIE 5 31/03/2017 57 50,758 -3,712

Crew Energy Inc. Restricted Awards BOWMAN, JAMIE 5 03/04/2017 57 39,616 -11,142

Crew Energy Inc. Common Shares Brussa, John Albert 4 03/04/2017 57 4.96 563,999 13,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3508



Acquired/ Disposed

Crew Energy Inc. Common Shares Brussa, John Albert 4 03/04/2017 57 4.96 566,166 2,167

Crew Energy Inc. Common Shares Brussa, John Albert 4 03/04/2017 10 4.96 550,999 -15,167

Crew Energy Inc. Options Brussa, John Albert 4 01/04/2017 52 7.17 60,000 -33,800

Crew Energy Inc. Performance Awards Brussa, John Albert 4 03/04/2017 57 23,900 -6,500

Crew Energy Inc. Restricted Awards Brussa, John Albert 4 03/04/2017 57 7,966 -2,167

Crew Energy Inc. Common Shares Errico, Jeffery Ernest 4 03/04/2017 57 4.96 62,265 12,000

Crew Energy Inc. Common Shares Errico, Jeffery Ernest 4 03/04/2017 57 4.96 64,265 2,000

Crew Energy Inc. Options Errico, Jeffery Ernest 4 01/04/2017 52 7.17 90,000 -24,800

Crew Energy Inc. Performance Awards Errico, Jeffery Ernest 4 03/04/2017 57 -6,000

Crew Energy Inc. Performance Awards Errico, Jeffery Ernest 4 03/04/2017 57 4.96 21,688 -6,000

Crew Energy Inc. Restricted Awards Errico, Jeffery Ernest 4 03/04/2017 57 4.96 7,230 -2,000

Crew Energy Inc. Common Shares FISCHER, KURTIS 5 31/03/2017 57 4.91 119,347 21,824


Crew Energy Inc. Common Shares FISCHER, KURTIS 5 31/03/2017 10 4.91 110,437 -12,547



Crew Energy Inc. Common Shares FISCHER, KURTIS 5 03/04/2017 10 4.96 149,225 -37,687

Crew Energy Inc. Options FISCHER, KURTIS 5 01/04/2017 52 7.17 0 -56,700

Crew Energy Inc. Performance Awards FISCHER, KURTIS 5 31/03/2017 57 150,325 -10,912

Crew Energy Inc. Performance Awards FISCHER, KURTIS 5 03/04/2017 57 117,550 -32,775

Crew Energy Inc. Restricted Awards FISCHER, KURTIS 5 31/03/2017 57 50,108 -3,637

Crew Energy Inc. Restricted Awards FISCHER, KURTIS 5 03/04/2017 57 39,183 -10,925

Crew Energy Inc. Common Shares Leach, John Glenn 5 31/03/2017 57 4.91 479,118 34,036

Crew Energy Inc. Common Shares Leach, John Glenn 5 31/03/2017 10 4.91 462,345 -16,773

Crew Energy Inc. Common Shares Leach, John Glenn 5 03/04/2017 57 92312 92,312

Crew Energy Inc. Common Shares Leach, John Glenn 5 03/04/2017 57 4.96 564,370 102,025

Crew Energy Inc. Common Shares Leach, John Glenn 5 03/04/2017 10 4.96 514,093 -50,277

Crew Energy Inc. Options Leach, John Glenn 5 01/04/2017 52 7.17 0 -130,000

Crew Energy Inc. Performance Awards Leach, John Glenn 5 31/03/2017 57 199,175 -14,587

Crew Energy Inc. Performance Awards Leach, John Glenn 5 03/04/2017 57 155,450 -43,725

Crew Energy Inc. Restricted Awards Leach, John Glenn 5 31/03/2017 57 66,392 -4,862

Crew Energy Inc. Restricted Awards Leach, John Glenn 5 03/04/2017 57 -4,862

Crew Energy Inc. Restricted Awards Leach, John Glenn 5 03/04/2017 57 51,817 -14,575

Crew Energy Inc. Common Shares Morgan, Robert J. 5 31/03/2017 57 4.91 132,096 29,174


Crew Energy Inc. Common Shares Morgan, Robert J. 5 31/03/2017 10 4.91 102,922 -34,036





Crew Energy Inc. Options Morgan, Robert J. 5 01/04/2017 52 7.17 0 -143,400

Crew Energy Inc. Performance Awards Morgan, Robert J. 5 31/03/2017 57 199,175 -14,587

Crew Energy Inc. Performance Awards Morgan, Robert J. 5 03/04/2017 57 155,450 -43,725

Crew Energy Inc. Restricted Awards Morgan, Robert J. 5 31/03/2017 57 66,392 -4,862

Crew Energy Inc. Restricted Awards Morgan, Robert J. 5 03/04/2017 57 51,817 -14,575

Crew Energy Inc. Common Shares Nerland, Dennis Leroy 4 03/04/2017 57 4.96 84,170 12,000

Crew Energy Inc. Common Shares Nerland, Dennis Leroy 4 03/04/2017 57 4.96 86,170 2,000

Crew Energy Inc. Common Shares Nerland, Dennis Leroy 4 03/04/2017 10 4.96 72,170 -14,000

Crew Energy Inc. Options Nerland, Dennis Leroy 4 01/04/2017 52 0 -24,800

Crew Energy Inc. Performance Awards Nerland, Dennis Leroy 4 03/04/2017 57 21,688 -6,000

Crew Energy Inc. Restricted Awards Nerland, Dennis Leroy 4 03/04/2017 57 7,230 -2,000

Crew Energy Inc. Common Shares Shwed, Dale Orest 5 31/03/2017 57 4.91 1,117,673 38,924


Crew Energy Inc. Common Shares Shwed, Dale Orest 5 31/03/2017 10 4.91 1,078,749 -45,411

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3509



Acquired/ Disposed



Crew Energy Inc. Common Shares Shwed, Dale Orest 5 03/04/2017 10 4.96 1,184,199 -17,575

Crew Energy Inc. Options Shwed, Dale Orest 5 01/04/2017 52 7.17 0 -180,000

Crew Energy Inc. Performance Awards Shwed, Dale Orest 5 31/03/2017 57 240,175 -19,462

Crew Energy Inc. Performance Awards Shwed, Dale Orest 5 03/04/2017 57 187,450 -52,725

Crew Energy Inc. Performance Awards Shwed, Dale Orest 5 03/04/2017 57 -17,575

Crew Energy Inc. Restricted Awards Shwed, Dale Orest 5 31/03/2017 57 80,058 -6,487

Crew Energy Inc. Restricted Awards Shwed, Dale Orest 5 03/04/2017 57 62,483 -17,575

Crew Energy Inc. Common Shares Smith, David G. 4 03/04/2017 57 4.96 137,790 12,000

Crew Energy Inc. Common Shares Smith, David G. 4 03/04/2017 57 4.96 139,790 2,000

Crew Energy Inc. Common Shares Smith, David G. 4 03/04/2017 10 4.96 132,360 -7,430

Crew Energy Inc. Options Smith, David G. 4 01/04/2017 52 7.17 0 -24,800

Crew Energy Inc. Performance Awards Smith, David G. 4 03/04/2017 57 21,688 -6,000

Crew Energy Inc. Restricted Awards Smith, David G. 4 03/04/2017 57 7,230 -2,000

Crew Energy Inc. Common Shares Truscott, Kenneth 5 31/03/2017 57 4.91 289,447 29,174


Crew Energy Inc. Common Shares Truscott, Kenneth 5 31/03/2017 10 4.91 260,273 -34,036





Crew Energy Inc. Options Truscott, Kenneth 5 01/04/2017 52 7.17 0 -143,400

Crew Energy Inc. Performance Awards Truscott, Kenneth 5 31/03/2017 57 199,175 -14,587

Crew Energy Inc. Performance Awards Truscott, Kenneth 5 03/04/2017 57 155,450 -43,725

Crew Energy Inc. Restricted Awards Truscott, Kenneth 5 31/03/2017 57 66,392 -4,862

Crew Energy Inc. Restricted Awards Truscott, Kenneth 5 03/04/2017 57 51,817 -14,575

Crew Energy Inc. Common Shares Van Spankeren, Shawn Arie 5 31/03/2017 57 4.91 188,227 21,824


Crew Energy Inc. Common Shares Van Spankeren, Shawn Arie 5 31/03/2017 10 4.91 166,403 -25,461



Crew Energy Inc. Common Shares Van Spankeren, Shawn Arie 5 03/04/2017 10 4.96 205,191 -37,687

Crew Energy Inc. Options Van Spankeren, Shawn Arie 5 01/04/2017 52 7.17 0 -67,500

Crew Energy Inc. Performance Awards Van Spankeren, Shawn Arie 5 31/03/2017 57 150,325 -10,912

Crew Energy Inc. Performance Awards Van Spankeren, Shawn Arie 5 03/04/2017 57 117,550 -32,775

Crew Energy Inc. Restricted Awards Van Spankeren, Shawn Arie 5 31/03/2017 57 50,108 -3,637

Crew Energy Inc. Restricted Awards Van Spankeren, Shawn Arie 5 03/04/2017 57 39,183 -10,925

Crosswinds Holdings Inc. (formerly C.A. Bancorp Inc.)

Common Shares CDJ Global Catalyst LLC 3 30/03/2017 10 1.47 4,837,369 20,000





Insider Reporting

April 13, 2017

(2017), 40 OSCB 3510



Acquired/ Disposed


Common Shares Gold, Bradd Jonathan 4 07/03/2013 00


Common Shares Gold, Bradd Jonathan 4 30/03/2017 10 1.43 11,000 11,000










Deferred Share Units King, Colin 4, 5 30/03/2017 56 107,997 7,997


Deferred Share Units Martin, Helen 5 30/03/2017 56 66,398 6,398

CT Real Estate Investment Trust

Class B Limited Partnership Units/Special Voting Trust Units


3, 2 30/03/2017 90 21,701,436 317,512




3, 2 30/03/2017 11 15.149 317,512 317,512




3, 2 30/03/2017 90 0 -317,512


Performance Units Forbes, Louis Marie 5 30/03/2017 59 56,373 -20,625


Deferred Units Hollister, Brenton Vaughn 4 31/03/2017 56 15.148 7,228 413


Deferred Units Laidley, David Howard 4 31/03/2017 56 15.148 34,893 1,898


Deferred Units Martini, Anna 4 31/03/2017 56 15.148 25,342 1,485


Deferred Units O'Bryan, John Charles 4 31/03/2017 56 15.148 17,240 1,353


Performance Units Silver, Kenneth 4, 5 30/03/2017 59 125,436 -42,500


Restricted Units Silver, Kenneth 4, 5 30/03/2017 56 15.325 21,139


Restricted Units Silver, Kenneth 4, 5 30/03/2017 56 15.325 21,139


Restricted Units Silver, Kenneth 4, 5 30/03/2017 56 15.352 40,496 21,139

Currency Exchange International, Corp.

Common Shares Mickleborough, Mark Douglas

4 31/03/2017 10 21.99 14,300 1,200



4 31/03/2017 10 21.99 15,300 1,000



4 03/04/2017 10 21.94 16,800 1,500



4 04/04/2017 10 21.91 17,900 1,100



4 05/04/2017 10 21.95 18,900 1,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3511



Acquired/ Disposed



4 05/04/2017 10 22 19,900 1,000



4 07/04/2017 10 22.05 33,350 1,000

Cymbria Corporation Deferred Share Units Bizzarri, Ugo 4 31/03/2017 56 41.611 1,037 180

Cymbria Corporation Deferred Share Units Carter, Reena 4 31/03/2017 56 41.611 1,296 225

Cymbria Corporation Deferred Share Units MacDonald, James Stuart Alexander

4 31/03/2017 56 41.611 10,692 210

Danbel Ventures Inc. Common Shares Stein, Michael Brian 3, 4, 5 03/03/2017 11 0.0555 8,001,688 5,500,000

Danbel Ventures Inc. Common Shares Stein, Michael Brian 3, 4, 5 31/03/2017 90 3,588,352 -2,000,000

Danbel Ventures Inc. Common Shares Stein, Michael Brian 3, 4, 5 03/03/2017 11 0.0555 5,500,000

Danbel Ventures Inc. Common Shares Stein, Michael Brian 3, 4, 5 31/03/2017 90 2,147,193 2,000,000

Darnley Bay Resources Limited

Common Shares levy, Jamie 4 04/04/2017 54 0.05 1,200,000


Common Shares levy, Jamie 4 04/04/2017 54 0.05 1,200,000


Common Shares levy, Jamie 4 04/04/2017 54 0.05 3,766,000 1,200,000


Common Shares levy, Jamie 4 04/04/2017 54 0.1 1,600,000 800,000


Warrants levy, Jamie 4 04/06/2015 11 0.1 800,000






Warrants levy, Jamie 4 06/05/2016 11 0.05 1,200,000





Delphi Energy Corp. Common Shares Batteke, Hugo 5 01/04/2017 30 1.33 395,576 4,388

Delphi Energy Corp. Common Shares Galvin, Michael 5 01/04/2017 30 1.33 107,448 4,597

Delphi Energy Corp. Common Shares Hume, Rod Allan 5 01/04/2017 30 1.33 353,361 5,107

Delphi Energy Corp. Common Shares Reid, David James 4, 5 01/04/2017 30 1.33 881,997 6,385

Detour Gold Corporation Options Anwyll, Edward William Drew

5 31/03/2017 50 318,884 18,326

Detour Gold Corporation Rights Performance Share Units

Anwyll, Edward William Drew

5 31/03/2017 56 35,834 15,382

Detour Gold Corporation Rights Restricted Share Units

Anwyll, Edward William Drew

5 31/03/2017 56 29,864 7,691

Detour Gold Corporation Options Beaudoin, Pierre 5 31/03/2017 50 302,111 32,407


Beaudoin, Pierre 5 31/03/2017 56 70,152 27,202


Beaudoin, Pierre 5 31/03/2017 56 71,140 13,601

Detour Gold Corporation Rights Deferred Share Units

Doyle, Robert Emmet 4 31/03/2017 56 38,167 3,238

Detour Gold Corporation Options Gaborit, Laurence 5 01/01/2017 00

Detour Gold Corporation Options Gaborit, Laurence 5 31/03/2017 50 7,253 7,253


Gaborit, Laurence 5 01/01/2017 00


Gaborit, Laurence 5 31/03/2017 56 6,088 6,088


Gaborit, Laurence 5 01/01/2017 00



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3512



Acquired/ Disposed



Detour Gold Corporation Options Galloway, Julie 5 31/03/2017 50 168,737 23,148


Galloway, Julie 5 31/03/2017 56 42,108 19,430


Galloway, Julie 5 31/03/2017 56 56,042 9,715

Detour Gold Corporation Options Hennessey, Charles B. 5 31/03/2017 50 93,990 11,111


Hennessey, Charles B. 5 31/03/2017 56 15,707 9,326


Hennessey, Charles B. 5 31/03/2017 56 12,755 4,663

Detour Gold Corporation Options Heredia, Alberto Francis 5 31/03/2017 50 132,108 3,598


Heredia, Alberto Francis 5 31/03/2017 56 5,722 3,020


Heredia, Alberto Francis 5 31/03/2017 56 6,709 1,510

Detour Gold Corporation Common Shares Martin, Paul Douglas 4, 5 22/09/2008 00

Detour Gold Corporation Common Shares Martin, Paul Douglas 4, 5 03/04/2017 11 11.189 3,310 3,310

Detour Gold Corporation Options Martin, Paul Douglas 4, 5 31/03/2017 50 593,759 59,799


Martin, Paul Douglas 4, 5 31/03/2017 56 117,686 50,194


Martin, Paul Douglas 4, 5 31/03/2017 56 115,516 25,097

Detour Gold Corporation Options Mavor, James Whyte 5 31/03/2017 50 461,779 26,042


Mavor, James Whyte 5 31/03/2017 56 54,909 21,859


Mavor, James Whyte 5 31/03/2017 56 67,102 10,929

Detour Gold Corporation Options Metail, Jean Francois 5 31/03/2017 50 110,306 8,256


Metail, Jean Francois 5 31/03/2017 56 13,311 6,930


Metail, Jean Francois 5 31/03/2017 56 12,013 3,465

Detour Gold Corporation Options Teevan, Derek 5 31/03/2017 50 192,735 19,676


Teevan, Derek 5 31/03/2017 56 36,968 16,516


Teevan, Derek 5 31/03/2017 56 35,657 8,258

Detour Gold Corporation Options Wallin, Ruben 5 31/03/2017 50 7,253

Detour Gold Corporation Options Wallin, Ruben 5 31/03/2017 50 164,074 8,102


Wallin, Ruben 5 31/03/2017 56 6,088


Wallin, Ruben 5 31/03/2017 56 11,433 6,801


Wallin, Ruben 5 31/03/2017 56 3,044


Wallin, Ruben 5 31/03/2017 56 5,716 3,400

Diversified Royalty Corp. Common Shares Coleman, Murray Gordon 4 26/09/2014 00

Diversified Royalty Corp. Common Shares Coleman, Murray Gordon 4 26/09/2014 00

Diversified Royalty Corp. Common Shares Coleman, Murray Gordon 4 31/03/2017 10 2.56 10,000 10,000

Diversified Royalty Corp. Common Shares Coleman, Murray Gordon 4 31/03/2017 10 2.5588 12,000 2,000

Diversified Royalty Corp. Common Shares Gropper, Mitchell Harold 4 03/04/2017 57 32,326 12,610

Diversified Royalty Corp. Restricted Share Units (Common Shares)

Gropper, Mitchell Harold 4 03/04/2017 57 39,966 -12,610


Gropper, Mitchell Harold 4 03/04/2017 59 37,992 -1,974

Diversified Royalty Corp. Common Shares Haber, Lawrence P. 4, 5 03/04/2017 57 240,227 20,127

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3513



Acquired/ Disposed


Haber, Lawrence P. 4, 5 03/04/2017 57 37,901 -20,127

Diversified Royalty Corp. Common Shares Morrison, Sean 5 03/04/2017 57 164,947 55,047


Morrison, Sean 5 03/04/2017 57 352,785 -55,047


Morrison, Sean 5 03/04/2017 59 323,310 -29,475

Diversified Royalty Corp. Common Shares Rogers, Paula 4 31/03/2017 57 2.56 60,019 15,191


Rogers, Paula 4 29/03/2017 56 53,165 11,612


Rogers, Paula 4 31/03/2017 57 37,974 -15,191

Dollarama Inc. Common Shares Dollarama Inc. 1 01/03/2017 38 100.43 18,000 18,000









Dollarama Inc. Common Shares Dollarama Inc. 1 13/03/2017 38 0 -216,787

Dollarama Inc. Common Shares Hien, Nicolas 7 04/04/2017 51 30.25 4,000 4,000

Dollarama Inc. Common Shares Hien, Nicolas 7 04/04/2017 51 36.065 8,000 4,000

Dollarama Inc. Common Shares Hien, Nicolas 7 04/04/2017 10 110.31 4,000 -4,000

Dollarama Inc. Common Shares Hien, Nicolas 7 04/04/2017 10 110.41 0 -4,000

Dollarama Inc. Options Hien, Nicolas 7 04/04/2017 51 30.25 57,500 -4,000

Dollarama Inc. Options Hien, Nicolas 7 04/04/2017 51 36.065 53,500 -4,000

Dollarama Inc. Common Shares Robillard, Geoffrey Peter 5 06/04/2017 10 114.31 680,000 -20,000

Dollarama Inc. Common Shares Roche, Paul 7 04/04/2017 51 27.005 4,000 4,000

Dollarama Inc. Common Shares Roche, Paul 7 04/04/2017 51 27.005 4,300 300





Dollarama Inc. Common Shares Roche, Paul 7 04/04/2017 10 110.34 19,100 -4,000

Dollarama Inc. Common Shares Roche, Paul 7 04/04/2017 10 110.34 18,800 -300




Dollarama Inc. Common Shares Roche, Paul 7 04/04/2017 10 110.34 0 -1,000

Dollarama Inc. Options Roche, Paul 7 04/04/2017 51 27.005 41,000 -4,000

Dollarama Inc. Options Roche, Paul 7 04/04/2017 51 27.005 40,700 -300





Dollarama Inc. Common Shares Ross, Michael 5 05/04/2017 51 36.065 28,000 28,000



Dollarama Inc. Common Shares Ross, Michael 5 05/04/2017 10 113.72 16,000 -28,000

Dollarama Inc. Common Shares Ross, Michael 5 05/04/2017 10 113.72 8,000 -8,000

Dollarama Inc. Common Shares Ross, Michael 5 05/04/2017 10 113.94 0 -8,000

Dollarama Inc. Options Ross, Michael 5 05/04/2017 51 36.065 176,000 -28,000


Insider Reporting

April 13, 2017

(2017), 40 OSCB 3514



Acquired/ Disposed


Dominion Diamond Corporation

Common Shares Dominion Diamond Corporation

1 01/03/2017 38 11.265 111,600 27,900



1 02/03/2017 38 11.181 139,500 27,900



1 03/03/2017 38 11.39 167,400 27,900



1 06/03/2017 38 11.503 195,300 27,900



1 07/03/2017 38 11.304 223,200 27,900



1 08/03/2017 38 11.321 251,100 27,900



1 09/03/2017 38 11.444 279,000 27,900



1 10/03/2017 38 11.596 306,900 27,900



1 13/03/2017 38 11.633 334,800 27,900



1 14/03/2017 38 11.497 362,700 27,900



1 15/03/2017 38 11.539 390,600 27,900



1 16/03/2017 38 11.724 418,500 27,900



1 17/03/2017 38 13.052 446,400 27,900



1 20/03/2017 38 16.002 460,300 13,900



1 21/03/2017 38 16.541 474,200 13,900



1 22/03/2017 38 16.804 488,100 13,900



1 23/03/2017 38 16.722 502,000 13,900



1 24/03/2017 38 16.965 515,900 13,900



1 27/03/2017 38 17.25 516,900 1,000



1 28/03/2017 38 17.153 530,800 13,900



1 29/03/2017 38 17.003 544,700 13,900



1 30/03/2017 38 16.944 558,600 13,900



1 31/03/2017 38 16.65 572,500 13,900



1 31/03/2017 38 41,700 -530,800


Rights Restricted Share Units

Holland, Elliot J. 5 31/03/2017 59 31,750 -14,520

Dorel Industries Inc. Rights Deferred Share Units

Benedetti, Alain 4 17/03/2017 35 32.01 31,341 387

Dorel Industries Inc. Performance Share Units Braunstein, Norman 5 17/03/2017 35 31.8 6,897 71

Dorel Industries Inc. Rights Executive Deferred Share Units

Braunstein, Norman 5 17/03/2017 35 32.01 11,647 144


Cohen, Dian 4 17/03/2017 35 32.01 26,175 323


Cohen, Dian 4 31/03/2017 56 31.31 26,450 275

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3515



Acquired/ Disposed


CORMIER, MICHELLE ANN

4 17/03/2017 35 32.01 3,279 40



4 31/03/2017 56 31.31 3,960 681


Duchesne, Rupert 4 17/03/2017 35 32.01 24,561 303


Duchesne, Rupert 4 31/03/2017 56 31.31 25,527 966

Dorel Industries Inc. Performance Share Units Rana, Franco 5 17/03/2017 35 31.8 12,410 126


Rana, Franco 5 17/03/2017 35 32.01 10,389 128

Dorel Industries Inc. Performance Share Units Schwartz, Alan 3, 4, 5 17/03/2017 35 31.8 23,798 241

Dorel Industries Inc. Performance Share Units Schwartz, Jeffrey 3, 4, 5 17/03/2017 35 31.8 23,798 241


Schwartz, Jeffrey 3, 4, 5 17/03/2017 35 32.01 14,036 173

Dorel Industries Inc. Performance Share Units Schwartz, Martin 3, 4, 5 17/03/2017 35 31.8 23,798 241

Dorel Industries Inc. Performance Share Units Segel, Jeffrey 3, 4, 5 17/03/2017 35 31.8 23,798 241


Segel, Jeffrey 3, 4, 5 17/03/2017 35 32.01 10,389 128


Tousson, Maurice 4 17/03/2017 35 32.01 39,528 487

Dorel Industries Inc. Performance Share Units Woods, Peter 5 17/03/2017 35 31.8 8,106 81


Woods, Peter 5 17/03/2017 35 32.01 6,511 81

Dorel Industries Inc. Performance Share Units Wyse, Edward 5 17/03/2017 35 31.8 4,208 43


Wyse, Edward 5 17/03/2017 35 32.01 2,735 34

Dream Global Real Estate Investment Trust

Rights Deferred Trust Units

Bhatia, Rajan Sacha 4 31/03/2017 56 9.69 10,576 723



BIERBAUM, DETLEF 4 31/03/2017 56 9.69 60,354 2,581



Jackman, Duncan Newton Rowell

4 31/03/2017 56 9.69 64,115 1,161



Koss, Johann Olav 4 31/03/2017 56 9.69 29,909 645



Sullivan, John 4 31/03/2017 56 9.69 50,530 645

Dream Hard Asset Alternatives Trust

Units Dream Hard Asset Alternatives Trust

1 03/04/2017 38 6.2923 6,500 6,500



1 03/04/2017 38 0 -6,500



1 04/04/2017 38 6.29 6,500 6,500



1 04/04/2017 38 0 -6,500



1 05/04/2017 38 6.2808 6,500 6,500



1 05/04/2017 38 0 -6,500



1 06/04/2017 38 6.2 6,500 6,500



1 06/04/2017 38 0 -6,500



1 07/04/2017 38 6.2348 6,500 6,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3516



Acquired/ Disposed



1 07/04/2017 38 0 -6,500


Deferred Trust Units Eaton, James George 4 31/03/2017 56 6.33 46,554 2,171


Deferred Trust Units Ferstman, Joanne Shari 7 31/03/2017 56 6.33 43,399 1,776


Deferred Trust Units Lapham, Andrew Polk 4 31/03/2017 56 6.33 51,353 3,158

Dream Industrial Real Estate Investment Trust

Deferred Trust Units GOODALL, ROBERT 4 31/03/2017 56 8.22 45,481 761


Deferred Trust Units Koss, Johann Olav 4 31/03/2017 56 8.22 41,793 761


Deferred Trust Units Mulroney, Benedict Martin Paul

4 31/03/2017 56 8.22 42,572 913


Deferred Trust Units Segal, Leerom 4 31/03/2017 56 8.22 50,938 761


Deferred Trust Units Sera, Maria Vincenza 4, 7 31/03/2017 56 8.22 85,097 2,434


Deferred Trust Units Wiseman, Sheldon 4 31/03/2017 56 8.22 38,566 1,369

Dream Office Real Estate Investment Trust

Rights deferred trust units BIERBAUM, DETLEF 4 31/03/2017 56 19.17 18,628 861


Rights deferred trust units Charter, Donald Kinloch 4, 6 31/03/2017 56 19.17 43,548 991


Trust Units Series A Dream Office Real Estate Investment Trust

1 03/04/2017 38 19.267 42,300 42,300



1 03/04/2017 38 0 -42,300



1 04/04/2017 38 19.389 69,107 69,107



1 04/04/2017 38 0 -69,107



1 05/04/2017 38 19.659 53,307 53,307



1 05/04/2017 38 0 -53,307



1 06/04/2017 38 19.713 62,907 62,907



1 06/04/2017 38 0 -62,907



1 07/04/2017 38 19.9 330,000



1 07/04/2017 38 19.9 330,000



1 07/04/2017 38 -330,000



1 07/04/2017 38 -330,000



1 07/04/2017 38 19.89 380,607 380,607



1 07/04/2017 38 0 -380,607


Rights deferred trust units Ferstman, Joanne Shari 4 31/03/2017 56 19.17 53,454 991


Rights deferred trust units GOODALL, ROBERT 4 31/03/2017 56 19.17 51,556 652


Rights deferred trust units Jackman, Duncan Newton Rowell

4 31/03/2017 56 19.17 51,449 717


Rights deferred trust units Leitch, Kellie 4 31/03/2017 56 19.17 9,744 652


Rights deferred trust units MacIndoe, Karine 4 31/03/2017 56 19.17 11,817 861

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3517



Acquired/ Disposed

DREAM Unlimited Corp. Subordinate Voting Shares Class A

DREAM Unlimited Corp. 1 03/04/2017 38 6.8989 8,194 8,194


DREAM Unlimited Corp. 1 03/04/2017 38 0 -8,194

















DREAM Unlimited Corp. Deferred Share Units Ferstman, Joanne Shari 4 31/03/2017 56 6.69 32,695 2,056

DREAM Unlimited Corp. Deferred Share Units Gateman, Richard N. 4, 7 31/03/2017 56 6.69 30,539 1,495

DREAM Unlimited Corp. Deferred Share Units Koss, Jennifer 4 31/03/2017 56 6.69 27,871 1,495

DREAM Unlimited Corp. Deferred Share Units Schiff, Vicky Lee 4 31/03/2017 56 6.69 27,591 1,495

DREAM Unlimited Corp. Deferred Share Units Sera, Maria Vincenza 4, 7 31/03/2017 56 6.69 32,479 1,682

Dundee Precious Metals Inc. Rights Restricted Share Units

Dorfman, Michael Ryan 5 02/04/2017 59 2.8 61,700 -9,067


Garkov, Iliya 5 02/04/2017 59 2.8 38,000 -5,867

Dundee Precious Metals Inc. Rights Deferred Share Units

Gillin, Robert Peter Charles 4 31/03/2017 56 2.82 167,842 9,238


Gosse, Richard 5 02/04/2017 59 2.8 61,700 -9,067


Howes, Richard Allan 4, 7, 5 02/04/2017 59 2.8 345,567 -52,600


Hristov, Nikolay 7 02/04/2017 59 2.8 61,700 -5,867


John, William Murray 4 31/03/2017 56 2.82 178,875 9,238


Kinsman, Jeremy 4 31/03/2017 56 2.82 75,899 3,918


Kyle, Hume 5 02/04/2017 59 2.8 129,333 -19,800


Lindsay, John 5 02/04/2017 59 2.8 61,700 -4,534


MacRae, Garth A. C. 4 31/03/2017 56 2.82 72,990 3,918


Montalvo, Juanita 4 15/02/2017 00


Montalvo, Juanita 4 31/03/2017 56 2.82 9,238 9,238


Nixon, Peter 4 31/03/2017 56 2.82 94,333 4,982


RAE, DAVID 5 02/04/2017 59 2.8 138,267 -14,434


Tawil, Marie-Anne 4 31/03/2017 56 2.82 63,057 9,238


Walsh, Anthony P. 3 31/03/2017 56 2.82 103,681 6,578


Young, Donald Walter 4 31/03/2017 56 2.82 65,308 3,918

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3518



Acquired/ Disposed

Eastern Platinum Limited Common Shares HU, DAXIN 5 27/07/2016 00

Eastmain Resources Inc. Common Shares Lemasson, Claude 4, 5 04/04/2017 10 0.4889 1,035,000 35,000




Echelon Financial Holdings Inc.

Deferred Share Units Purves, Robert 4, 5 05/04/2017 97 12.24 27,483 1,277

Echelon Financial Holdings Inc.

Deferred Share Units Ross, Alistair Angus Hugh 7 31/03/2017 56 12.24 10,882 1,685

Eguana Technologies Inc. Common Shares Carten, Michael Anthony 4 30/03/2017 10 0.26 14,447 -94,500

Eguana Technologies Inc. Common Shares Carten, Michael Anthony 4 30/03/2017 10 0.27 8,947 -5,500

Eguana Technologies Inc. Common Shares Carten, Michael Anthony 4 31/03/2017 10 0.2624 -91,053 -100,000



Eldorado Gold Corporation Deferred Units (Cash Settled)

Albino, George Vincent 4 31/03/2017 56 19,502 5,521

Eldorado Gold Corporation Common Shares Eldorado Gold Corporation 1 03/04/2017 38 4.5863 2,123,632 569,000

Eldorado Gold Corporation Common Shares Eldorado Gold Corporation 1 04/04/2017 38 4.6409 2,320,524 196,892


Gibson, Pamela Mae 4 31/03/2017 56 41,573 1,204


Gilmore, Robert Russ 4 31/03/2017 56 109,847 659


Reid, Steven Paul 4 31/03/2017 56 118,710 3,255

Eloro Resources Ltd. Common Shares LARSEN, THOMAS 4, 5 30/03/2017 10 0.69 306,825 2,000

Eloro Resources Ltd. Common Shares LARSEN, THOMAS 4, 5 30/03/2017 10 0.7 341,825 35,000

Emera Incorporated DSU Bragg, James Lee 4 31/03/2017 56 11,319 221

Emera Incorporated DSU Bragg, James Lee 4 31/03/2017 30 11,447 128

Emera Incorporated DSU Chrominska, Sylvia Dolores 4 31/03/2017 56 23,068 1,083

Emera Incorporated DSU Chrominska, Sylvia Dolores 4 31/03/2017 30 23,321 253

Emera Incorporated DSU Demone, Henry 4 31/03/2017 56 9,824 1,172

Emera Incorporated DSU Demone, Henry 4 31/03/2017 30 9,924 100

Emera Incorporated DSU Edgeworth, Allan Leslie 4 31/03/2017 56 44,272 1,230

Emera Incorporated DSU Edgeworth, Allan Leslie 4 31/03/2017 30 44,767 495

Emera Incorporated DSU Eisenhauer, James Daniel 4 31/03/2017 56 38,377 1,214

Emera Incorporated DSU Eisenhauer, James Daniel 4 31/03/2017 30 38,804 427

Emera Incorporated DSU Greer, Sandra 7 31/03/2017 56 5,765 422

Emera Incorporated DSU Greer, Sandra 7 31/03/2017 30 5,826 61

Emera Incorporated DSU Ivany, Raymond Edmund 7 31/03/2017 56 16,140 584

Emera Incorporated DSU Ivany, Raymond Edmund 7 31/03/2017 30 16,319 179

Emera Incorporated DSU Loewen, Lynn 4 31/03/2017 56 16,615 1,175

Emera Incorporated DSU Loewen, Lynn 4 31/03/2017 30 16,793 178

Emera Incorporated DSU McLennan, John T. 7 31/03/2017 56 77,349 1,183

Emera Incorporated DSU McLennan, John T. 7 31/03/2017 30 78,225 876

Emera Incorporated DSU Pether, Donald Allison 4 31/03/2017 56 35,300 1,268

Emera Incorporated DSU Pether, Donald Allison 4 31/03/2017 30 35,691 391

Emera Incorporated DSU Ramil, John 4 31/03/2017 56 2,724 1,383

Emera Incorporated DSU Ramil, John 4 31/03/2017 30 2,739 15

Emera Incorporated DSU Rosen, Andrea Sarah 4 31/03/2017 56 45,282 1,256

Emera Incorporated DSU Rosen, Andrea Sarah 4 31/03/2017 30 45,788 506

Emera Incorporated DSU Rounding, Marie Catherine 7 31/03/2017 56 18,869 197

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3519



Acquired/ Disposed

Emera Incorporated DSU Rounding, Marie Catherine 7 31/03/2017 30 19,084 215

Emera Incorporated DSU Sergel, Richard 4 31/03/2017 56 10,914 679

Emera Incorporated DSU Sergel, Richard 4 31/03/2017 30 11,031 117

Emera Incorporated DSU SHEPPARD, Mary Jacqueline

4 31/03/2017 56 45,734 2,173

Emera Incorporated DSU SHEPPARD, Mary Jacqueline

4 31/03/2017 30 46,235 501

Enbridge Inc. Common Shares Shamla, Bradley Francis 5 30/03/2017 51 20.21 44,321 7,595

Enbridge Inc. Options $20.21 ($40.42) - February 19, 2018 Expiry

Shamla, Bradley Francis 5 30/03/2017 51 20.21 5,135 -7,595

Endeavour Mining Corporation

Common Shares Langford, Jeremy 5 31/03/2017 10 24.88 42,000 5,000

Endurance Gold Corporation Common Shares Boyd, Robert T. 4, 5 03/04/2017 10 0.075 1,363,500 2,000

Endurance Gold Corporation Common Shares Boyd, Robert T. 4, 5 03/04/2017 10 0.08 1,364,500 1,000

Enercare Inc. (formerly The Consumers' Waterheater Income Fund)

Common Shares Boose, Scott F. 7 20/03/2017 00 5,000


Performance Units Boose, Scott F. 7 20/03/2017 00


Performance Units Boose, Scott F. 7 20/03/2017 00 21,259


Deferred Share Units Pantelidis, James 4 31/03/2017 56 167,004 1,856


Deferred Share Units Pearce, Roy 4 31/03/2017 56 67,982 759

Energy Credit Opportunities Income Fund

Class A Units Energy Credit Opportunities Income Fund

1 01/03/2017 38 7.18 2,400 800



1 02/03/2017 38 7.3 3,200 800



1 03/03/2017 38 7.28 4,000 800



1 06/03/2017 38 7.28 4,800 800



1 08/03/2017 38 7.23 5,600 800



1 20/03/2017 38 7.15 6,400 800



1 21/03/2017 38 7.14 7,100 700



1 27/03/2017 38 7.14 7,900 800



1 28/03/2017 38 7.07 8,700 800



1 30/03/2017 38 7.09 9,500 800

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3520



Acquired/ Disposed



1 31/03/2017 38 800 -8,700


Class U Units Energy Credit Opportunities Income Fund

1 13/03/2017 38 7.27 2,100 600


Class U Units Energy Credit Opportunities Income Fund

1 31/03/2017 38 0 -2,100

EnerSpar Corp. (formally Walmer Capital Corp.)

Common Shares Armur Capital Corporation 4 02/04/2017 00 220,000


Warrants Armur Capital Corporation 4 02/04/2017 00 100,000


Options Arnold, John Martin 4, 5 02/04/2017 50 0.05 325,000 200,000


Common Shares Richardson, James Angus Wilson (Bilkstys-)

3, 4, 5 30/03/2017 16 0.05 2,000,000 500,000


Common Shares Richardson, James Angus Wilson (Bilkstys-)

3, 4, 5 30/03/2017 36 1,500,000 -500,000


Options Richardson, James Angus Wilson (Bilkstys-)

3, 4, 5 02/04/2017 50 0.05 550,000 300,000


Warrants Richardson, James Angus Wilson (Bilkstys-)

3, 4, 5 27/07/2011 00

Engagement Labs Inc. Common Shares Anderson, Gilman 4 27/09/2016 00

Engagement Labs Inc. Common Shares Anderson, Gilman 4 04/04/2017 46 0.11 50,391 50,391

Engagement Labs Inc. Common Shares LaPointe, Patrick 4 04/04/2017 46 0.11 68,722 39,722

Engagement Labs Inc. Common Shares LaPointe, Patrick 4 27/09/2016 00 29,000

Engagement Labs Inc. Common Shares Lev, Bruce 4 27/09/2016 00

Engagement Labs Inc. Common Shares Lev, Bruce 4 04/04/2017 46 0.11 88,965 88,965

Engagement Labs Inc. Common Shares Paterson, G. Scott 4 04/04/2017 46 0.11 2,255,041 155,561

Engagement Labs Inc. Common Shares Spiegel, Robert Neil 4, 5 04/04/2017 46 0.11 59,533 31,533

Enpar Technologies Inc. Common Shares Shelp, Gene Sidney 4, 5 07/04/2017 10 0.1 4,179,074 6,000

Ensign Energy Services Inc. Common Shares Edwards, Norman Murray 3, 4, 5 04/04/2017 35 7.4356 25,308,175 395,243

Ensign Energy Services Inc. Rights Deferred Share Units (Common Shares)

Howe, James Brian 4 28/07/2001 00


Howe, James Brian 4 30/03/2017 56 7.8269 1,022 1,022


Kangas, Leonard 4 30/03/2017 56 7.8269 37,670 1,022


Kangas, Leonard 4 04/04/2017 30 7.853 38,230 560


Moomjian, Jr., Cary A. 4 30/03/2017 56 7.8269 25,081 2,555


Moomjian, Jr., Cary A. 4 04/04/2017 30 7.853 25,425 344


Schroeder, John G. 4 30/03/2017 56 7.8269 49,614 2,555


Schroeder, John G. 4 04/04/2017 30 7.853 50,333 719

Ensign Energy Services Inc. Common Shares Skirka, Kenneth John 4 30/03/2017 46 7.8091 60,312 2,561


Surkan, Gail Donelda 4 30/03/2017 56 7.8269 7,521 2,555


Surkan, Gail Donelda 4 04/04/2017 30 7.853 7,597 76

Ensign Energy Services Inc. Common Shares Whitham, Barth Edward 4 30/03/2017 46 7.8091 57,002 2,561

Enterprise Group, Inc. Common Shares JAROSZUK, LEONARD 4, 5 05/04/2017 10 0.335 3,454,277 15,000

Epsilon Energy Ltd. Common Shares AZVALOR ASSET MANAGEMENT SGIIC

3 05/04/2017 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3521



Acquired/ Disposed


3 05/04/2017 00 545,241


3 05/04/2017 00


3 05/04/2017 00


3 05/04/2017 00


3 05/04/2017 00 3,075,076


3 05/04/2017 10 3,170,876 95,800


3 05/04/2017 00 44,332


3 05/04/2017 00 17,180


3 05/04/2017 00 641,768


3 05/04/2017 00 15,748


3 05/04/2017 00 15,748


3 05/04/2017 00 21,453

Epsilon Energy Ltd. Common Shares Bond, Bruce Lane 5 31/03/2017 10 2.325 135,000 5,000

Equitable Group Inc. Common Shares Kapoor, Kishore 4 10/11/2016 00

Equitable Group Inc. Common Shares Kapoor, Kishore 4 31/03/2017 10 70.01 1,425 1,425

Equitable Group Inc. Common Shares Raut, Rajesh 7 30/03/2017 51 29.32 3,810 905

Equitable Group Inc. Common Shares Raut, Rajesh 7 30/03/2017 10 69.15 2,905 -905

Equitable Group Inc. Common Shares Raut, Rajesh 7 03/04/2017 51 36.11 3,305 400

Equitable Group Inc. Common Shares Raut, Rajesh 7 03/04/2017 10 69.7 2,905 -400

Equitable Group Inc. Common Shares Raut, Rajesh 7 05/04/2017 51 36.11 4,105 1,200

Equitable Group Inc. Common Shares Raut, Rajesh 7 05/04/2017 10 70.2 2,905 -1,200

Equitable Group Inc. Options Options granted Raut, Rajesh 7 30/03/2017 51 29.32 5,882 -905

Equitable Group Inc. Options Options granted Raut, Rajesh 7 03/04/2017 51 36.11 5,482 -400

Equitable Group Inc. Options Options granted Raut, Rajesh 7 05/04/2017 51 36.11 4,282 -1,200

Equity Financial Holdings Inc. (formerly, Grey Horse Corporation)


Bissada, Yousry 7 31/03/2017 56 8.93 12,572 1,343



Calder, Brendan 4 31/03/2017 56 8.93 14,388 1,274



Friedmann, Peter Michael Paul

4 31/03/2017 56 8.93 11,213 1,596



Griggs, Stephen John 4 31/03/2017 56 8.93 32,289 2,706



Kipp, Bradley Robert 4 31/03/2017 56 8.93 29,916 1,736



McCarthy, Michele, Daphne 4 31/03/2017 56 8.93 12,438 997



Mulvihill,, William 7 31/03/2017 56 8.93 16,233 1,596

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3522



Acquired/ Disposed



Ouellet, Martin 4 31/03/2017 56 8.93 10,212 742



Rounthwaite, Frederic David 4 31/03/2017 56 8.93 9,338 637

Era Resources Inc., formerly Marengo Mining Limited

Common Shares Sentient Executive GP IV, Limited (for the general partner of Sentient Global Resources Fund IV, L.P.)

3 03/04/2017 36 0.25 112,962,967 112,669,627


Convertible Debentures 9% due June 30, 2017

Sentient Executive GP IV, Limited (for the general partner of Sentient Global Resources Fund IV, L.P.)

3 03/04/2017 36 0.25 $0 -$7,500,000


Convertible Debentures due July 1, 2017

Sentient Executive GP IV, Limited (for the general partner of Sentient Global Resources Fund IV, L.P.)

3 03/04/2017 36 0.25 $20,000,000 -$18,426,130

Erdene Resource Development Corporation

Options Akerley, Peter 4, 5 01/04/2017 50 0.87 1,660,000 400,000



Akerley, Peter 4, 5 31/03/2017 56 0.87 779,453 3,600


Options Biolik, Anna 4 01/04/2017 50 0.87 200,000 100,000



Biolik, Anna 4 31/03/2017 56 0.87 17,595 3,000


Options BURTON, WILLIAM B. 4 01/04/2017 50 0.87 553,750 100,000



BURTON, WILLIAM B. 4 31/03/2017 56 0.87 273,661 3,000


Options Byrne, John Philip 4 01/04/2017 50 0.87 663,750 100,000



Byrne, John Philip 4 31/03/2017 56 0.87 273,661 3,000


Options Cowan, John Christopher 4 01/04/2017 50 0.87 775,625 100,000



Cowan, John Christopher 4 31/03/2017 56 0.87 514,169 2,500


Options Croft, Thomas Layton 4 01/04/2017 50 0.87 400,000 150,000



Croft, Thomas Layton 4 31/03/2017 56 0.87 84,072 3,000


Options MacDonald, Kenneth 4 01/04/2017 50 0.87 744,375 100,000



MacDonald, Kenneth 4 31/03/2017 56 0.87 407,798 2,772



Mosher, David Vaughn 4 31/03/2017 30 0.87 18,043 3,448


Options Webster, Philip L. 4 01/04/2017 50 0.87 100,000


Options Webster, Philip L. 4 01/04/2017 50 0.87 100,000


Options Webster, Philip L. 4 01/04/2017 50 0.87 668,750 100,000



Webster, Philip L. 4 31/03/2017 56 0.87 273,661 3,000

Euromax Resources Ltd. Deferred Phantom Units (DPUs)

Konig, Martyn 4, 5 31/03/2017 46 1,517,824 53,194


Matkaluk, Randal John 4 03/04/2017 46 1,018,532 35,464


Morgan-Wynne, Timothy 4 31/03/2017 46 1,002,141 35,464

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3523



Acquired/ Disposed


Threlkeld, Raymond Wesley 4 03/04/2017 46 136,688 35,464

Eurotin Inc. Common Shares Hick, John Walter Wallen 4 03/04/2017 11 0.05 20,000

Eurotin Inc. Common Shares Hick, John Walter Wallen 4 03/04/2017 11 0.05 559,125 400,000

Eurotin Inc. Common Shares Wellings, Mark 3, 4 03/04/2017 36 0.05 33,097,900 24,000,000

Everton Resources Inc. Common Shares Audet, AndrÚ 4, 5 05/04/2017 10 0.085 1,010,700 102,000

Evertz Technologies Limited Common Shares Patel, Rakesh Thakor 7 03/04/2017 10 16.15 294,100 -25,000

Excellon Resources Inc. Deferred Share Units Curtis, Laurence Wilson 4 03/04/2017 56 1.6 91,500 5,625

Excellon Resources Inc. Deferred Share Units Dimitrov, Daniella Elena 4 03/04/2017 30 1.6 94,251 7,500

Excellon Resources Inc. Deferred Share Units Eaton, Thor 4 24/03/2017 56 1.75 35,000

Excellon Resources Inc. Deferred Share Units Eaton, Thor 4 24/03/2017 56 1.75 324,948 35,000

Excellon Resources Inc. Deferred Share Units Eaton, Thor 4 03/04/2017 56 1.6 330,573 5,625

Excellon Resources Inc. Deferred Share Units Fernandez Mena, Oliver 4 03/04/2017 56 1.6 276,785 4,688

Excellon Resources Inc. Deferred Share Units Goodman, Ned 4 03/04/2017 56 1.6 205,955 5,273

Exeter Resource Corporation Common Shares Bond, Cecil Robert 5 30/03/2017 51 0.5 409,200 300,000

Exeter Resource Corporation Options Bond, Cecil Robert 5 30/03/2017 51 0.5 700,000 -300,000

Exeter Resource Corporation Common Shares Simpson, Yale Ronald 4 30/03/2017 51 0.56 2,432,350 685,000

Exeter Resource Corporation Options Simpson, Yale Ronald 4 30/03/2017 51 0.56 927,500 -685,000

Exeter Resource Corporation Common Shares Sun Valley Gold LLC 3 03/04/2017 10 2.37 16,863,936 1,000,000

Exeter Resource Corporation Common Shares Sun Valley Gold LLC 3 03/04/2017 10 2.38 17,513,936 650,000

Exeter Resource Corporation Common Shares Sun Valley Gold LLC 3 04/04/2017 10 2.38 17,683,936 170,000

Exeter Resource Corporation Common Shares Zerb, Wendell Miles 5 30/03/2017 51 0.54 415,500 200,000

Exeter Resource Corporation Options Zerb, Wendell Miles 5 30/03/2017 51 0.54 1,300,000 -200,000

EXFO Inc. (formerly know as EXFO Electro-Optical Engineering Inc.)

OTC Calls (including Private Options to Purchase)

Lamonde, Germain 3, 4, 5 15/10/2002 00



Lamonde, Germain 3, 4, 5 03/04/2017 70 -1 -1



Lamonde, Germain 3, 4, 5 03/04/2017 71 0 1


Subordinate Voting Shares

Lamonde, Germain 3, 4, 5 03/04/2017 97 3 -600,000



Lamonde, Germain 3, 4, 5 03/04/2017 71 3 400,000 -600,000



Morin, Philippe 5 09/11/2015 00



Morin, Philippe 5 03/04/2017 70 1 1



Morin, Philippe 5 03/04/2017 71 0 -1


Restricted Share Units Morin, Philippe 5 05/04/2017 56 6.56 250,474 38,110

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3524



Acquired/ Disposed



Morin, Philippe 5 09/11/2015 00



Morin, Philippe 5 03/04/2017 71 3 600,000 600,000

EXPLOR RESOURCES INC. Common Shares Dupont, Chris 4, 5 06/04/2017 10 0.07 1,960,697 14,000

Fairfax Africa Holdings Corporation


Bentinck, Guy 5 17/02/2017 00



Bentinck, Guy 5 17/02/2017 00 10,000



Bentinck, Guy 5 17/02/2017 15 10 10,000



Bentinck, Guy 5 17/02/2017 15 10 10,000



Bentinck, Guy 5 17/02/2017 15 10 10,000


Multiple Voting Shares Fairfax Financial Holdings Limited

3 17/02/2017 00



3 17/02/2017 00 1,000,000



3 17/02/2017 16 10 1,000,000



3 17/02/2017 16 10 1,000,000



3 17/02/2017 16 10 1,000,000



3 17/02/2017 00



3 17/02/2017 00 1,500,000



3 17/02/2017 16 10 1,500,000



3 17/02/2017 16 10 1,500,000



3 17/02/2017 16 10 1,500,000



3 17/02/2017 00



3 17/02/2017 00 3,490,000



3 17/02/2017 16 10 3,490,000



3 17/02/2017 16 10 3,490,000



3 17/02/2017 16 10 3,490,000



3 17/02/2017 00



3 17/02/2017 00 2,000,000



3 17/02/2017 16 10 2,000,000



3 17/02/2017 16 10 2,000,000



3 17/02/2017 16 10 2,000,000



3 17/02/2017 00



3 17/02/2017 00 685,610

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3525



Acquired/ Disposed



3 17/02/2017 11 10 685,610



3 17/02/2017 11 10 685,610



3 17/02/2017 11 10 685,610



3 17/02/2017 00



3 17/02/2017 00 171,403



3 17/02/2017 11 10 171,403



3 17/02/2017 11 10 171,403



3 17/02/2017 11 10 171,403



3 17/02/2017 00



3 17/02/2017 00 2,048,506



3 17/02/2017 16 10 1,620,000



3 17/02/2017 16 10 1,620,000



3 17/02/2017 16 10 1,620,000



3 17/02/2017 11 10 428,506



3 17/02/2017 11 10 428,506



3 17/02/2017 11 10 428,506



3 17/02/2017 00



3 17/02/2017 00 2,000,000



3 17/02/2017 16 10 2,000,000



3 17/02/2017 16 10 2,000,000



3 17/02/2017 16 10 2,000,000



3 17/02/2017 00



3 17/02/2017 00 1,000,000



3 17/02/2017 16 10 1,000,000



3 17/02/2017 16 10 1,000,000



3 17/02/2017 16 10 1,000,000



3 17/02/2017 00



3 17/02/2017 00 685,610



3 17/02/2017 11 10 685,610



3 17/02/2017 11 10 685,610



3 17/02/2017 11 10 685,610

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3526



Acquired/ Disposed



3 17/02/2017 00



3 17/02/2017 00 7,299,544



3 17/02/2017 16 10 4,300,000



3 17/02/2017 16 10 4,300,000



3 17/02/2017 16 10 4,300,000



3 17/02/2017 11 10 2,999,544



3 17/02/2017 11 10 2,999,544



3 17/02/2017 11 10 2,999,544



3 17/02/2017 00



3 17/02/2017 00 257,104



3 17/02/2017 11 10 257,104



3 17/02/2017 11 10 257,104



3 17/02/2017 11 10 257,104



3 17/02/2017 00



3 17/02/2017 00 300,000



3 17/02/2017 16 10 300,000



3 17/02/2017 16 10 300,000



3 17/02/2017 16 10 300,000



3 17/02/2017 00



3 17/02/2017 00 2,433,900



3 17/02/2017 16 10 2,005,394



3 17/02/2017 16 10 2,005,394



3 17/02/2017 16 10 2,005,394



3 17/02/2017 11 10 428,506



3 17/02/2017 11 10 428,506



3 17/02/2017 11 10 428,506



3 17/02/2017 00



3 17/02/2017 00 514,207



3 17/02/2017 11 10 514,207



3 17/02/2017 11 10 514,207



3 17/02/2017 11 10 514,207

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3527



Acquired/ Disposed



3 17/02/2017 00



3 17/02/2017 00 4,614,116



3 17/02/2017 16 10 3,500,000



3 17/02/2017 16 10 3,500,000



3 17/02/2017 16 10 3,500,000



3 17/02/2017 11 10 1,114,116



3 17/02/2017 11 10 1,114,116



3 17/02/2017 11 10 1,114,116



Fairfax Financial Holdings Limited

3 17/02/2017 00




3 17/02/2017 00 360,000




3 17/02/2017 15 10 360,000




3 17/02/2017 15 10 360,000




3 17/02/2017 15 10 360,000




3 17/02/2017 00




3 17/02/2017 00 10,000




3 17/02/2017 15 10 10,000




3 17/02/2017 15 10 10,000




3 17/02/2017 15 10 10,000




3 17/02/2017 00




3 17/02/2017 00 1,130,000




3 17/02/2017 15 10 1,130,000




3 17/02/2017 15 10 1,130,000




3 17/02/2017 15 10 1,130,000




3 17/02/2017 00




3 17/02/2017 00 500,000




3 17/02/2017 15 10 500,000




3 17/02/2017 15 10 500,000




3 17/02/2017 15 10 500,000




3 17/02/2017 00




3 17/02/2017 00 500,000




3 17/02/2017 15 10 500,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3528



Acquired/ Disposed




3 17/02/2017 15 10 500,000




3 17/02/2017 15 10 500,000



Hodgson, Christopher Douglas

4 17/02/2017 00




4 17/02/2017 00 1,000




4 17/02/2017 15 10 1,000




4 17/02/2017 15 10 1,000




4 17/02/2017 15 10 1,000



McLean, Robert Quinn 4 17/02/2017 00



McLean, Robert Quinn 4 17/02/2017 00 11,000



McLean, Robert Quinn 4 17/02/2017 15 10 11,000









Nwuneli, Ndidi 4 17/02/2017 00



Nwuneli, Ndidi 4 17/02/2017 00 2,000



Nwuneli, Ndidi 4 17/02/2017 15 10 2,000



Nwuneli, Ndidi 4 17/02/2017 15 10 2,000



Nwuneli, Ndidi 4 17/02/2017 15 10 2,000



Rivett, Paul 4 17/02/2017 00



Rivett, Paul 4 17/02/2017 00 5,000



Rivett, Paul 4 17/02/2017 15 10 5,000



Rivett, Paul 4 17/02/2017 15 10 5,000



Rivett, Paul 4 17/02/2017 15 10 5,000



Venter, Christiaan 7 17/02/2017 00



Venter, Christiaan 7 17/02/2017 00 29,718



Venter, Christiaan 7 17/02/2017 15 10 29,718









Watsa, V. Prem 4 17/02/2017 00



Watsa, V. Prem 4 17/02/2017 00 100,000



Watsa, V. Prem 4 17/02/2017 15 10 100,000



Watsa, V. Prem 4 17/02/2017 15 10 100,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3529



Acquired/ Disposed



Watsa, V. Prem 4 17/02/2017 15 10 100,000



Wilkerson, Michael 4, 5 17/02/2017 00



Wilkerson, Michael 4, 5 17/02/2017 00 20,000



Wilkerson, Michael 4, 5 17/02/2017 15 10 20,000









Wilkerson, Michael 4, 5 17/02/2017 00 143,504






















Far Resources Ltd. Common Shares Anderson, Keith 4, 5 03/04/2017 46 0.1105 5,091,389 434,389

Far Resources Ltd. Common Shares Anderson, Leon Frank 4, 5 03/04/2017 46 0.1105 200,966 54,298

Fiera Capital Corporation (formerly Fiera Sceptre Inc.)

Subordinate Voting Shares Class A

FIERA CAPITAL S.E.C. 3 30/03/2017 11 13.03 322,087 16,354



MORGAN, TODD MICHAEL 4 31/10/2013 00



MORGAN, TODD MICHAEL 4 31/10/2013 00



MORGAN, TODD MICHAEL 4 30/06/2014 22 12.24 20,016
















Findev Inc. (formerly, TransGaming Inc.)

Common Shares catÚgorie A

Weinreb, Yisroel 4, 5 31/03/2017 10 1,500



Weinreb, Yisroel 4, 5 31/03/2017 10 1,500



Weinreb, Yisroel 4, 5 31/03/2017 10 1,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3530



Acquired/ Disposed



Weinreb, Yisroel 4, 5 31/03/2017 10 1,500



Weinreb, Yisroel 4, 5 31/03/2017 10 0.58 300,000 1,500



Weinreb, Yisroel 4, 5 03/04/2017 10 0.58 328,500 28,500



Weinreb, Yisroel 4, 5 04/04/2017 10 0.58 349,000 20,500



Weinreb, Yisroel 4, 5 05/04/2017 10 0.58 350,500 1,500



Weinreb, Yisroel 4, 5 06/04/2017 10 0.58 351,000 500

Firm Capital Mortgage Investment Corporation

Common Shares Poklar, Sandy Ivan 5 03/04/2017 51 11.78 12,800 11,300


Common Shares Poklar, Sandy Ivan 5 03/04/2017 10 14 1,500 -11,300










Options Poklar, Sandy Ivan 5 03/04/2017 51 11.78 32,200 -11,300


Options Poklar, Sandy Ivan 5 04/04/2017 51 11.78 16,500 -15,700


Options Poklar, Sandy Ivan 5 05/04/2017 51 11.78 0 -16,500

Firm Capital Property Trust Options Poklar, Sandy Ivan 4, 5 31/03/2017 51 5 124,200 -8,600



Firm Capital Property Trust Options Poklar, Sandy Ivan 4, 5 05/04/2017 51 5 121,500 -400


Firm Capital Property Trust Units Poklar, Sandy Ivan 4, 5 31/03/2017 51 5 26,100 8,600

Firm Capital Property Trust Units Poklar, Sandy Ivan 4, 5 31/03/2017 10 6 17,500 -8,600





Firm Capital Property Trust Units Poklar, Sandy Ivan 4, 5 05/04/2017 51 5 17,900 400

Firm Capital Property Trust Units Poklar, Sandy Ivan 4, 5 05/04/2017 10 6 17,500 -400



First Capital Realty Inc. Common Shares Segal, Dori 4, 6, 5 04/04/2017 51 16.95 1,674,871 28,921

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3531



Acquired/ Disposed

First Capital Realty Inc. Options Segal, Dori 4, 6, 5 04/04/2017 51 16.95 696,079 -28,921

First Capital Realty Inc. Options Segal, Dori 4, 6, 5 04/04/2017 97 16.95 475,000 -221,079

First Majestic Silver Corp. Common Shares McCallum, Robert A. 4 07/04/2017 10 12 55,000 -10,000

First Mexican Gold Corp. Common Shares Voisin, James Arthur Robert 4 04/04/2017 10 0.035 2,911,717 -20,000

First Mexican Gold Corp. Common Shares Voisin, James Arthur Robert 4 06/04/2017 10 0.025 2,746,717 -165,000

First Mining Finance Corp. (formerly Albion Petroleum Ltd.)

Common Shares Neumeyer, Keith 4 30/03/2017 10 0.81 10,205,313 87,500

First Mining Finance Corp. (formerly Albion Petroleum Ltd.)

Common Shares Neumeyer, Keith 4 06/04/2017 10 0.82 10,305,313 100,000

First Point Minerals Corp. Options Watts, Robert Arthur 4 30/03/2017 50 0.15 1,285,000 250,000

First Quantum Minerals Ltd Units Deferred Share Adams, Andrew Bell 4 03/04/2017 46 15,882 1,069

First Quantum Minerals Ltd Common Shares Brunner, Paul 4 31/03/2017 30 10.565 76,149 1,065

First Quantum Minerals Ltd Units Deferred Share Harding, Robert J 4 03/04/2017 30 14.007 14,461 1,070

First Quantum Minerals Ltd Units Deferred Share Schady, Martin Guillaume Reitz

4 03/04/2017 30 14.007 45,678 4,992

FIRSTSERVICE CORPORATION


Roy, Kevin 7 31/03/2017 10 80.5 19,358 -1,000



Roy, Kevin 7 31/03/2017 10 80.6 18,358 -1,000



Roy, Kevin 7 31/03/2017 10 80.8 17,358 -1,000

Flaherty & Crumrine Investment Grade Fixed Income Fund

Trust Units Flaherty & Crumrine Investment Grade Fixed Income Fund

1 01/03/2017 38 12.12 3,000 3,000



1 01/03/2017 38 12.12 0 -3,000



1 02/03/2017 38 12.17 3,000 3,000



1 02/03/2017 38 12.17 0 -3,000



1 02/03/2017 38 12.02 3,000 3,000



1 02/03/2017 38 12.02 0 -3,000



1 03/03/2017 38 12.11 3,000 3,000



1 03/03/2017 38 12.11 0 -3,000



1 06/03/2017 38 12.1 1,600 1,600



1 06/03/2017 38 12.1 0 -1,600



1 06/03/2017 38 12.09 200 200

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3532



Acquired/ Disposed



1 06/03/2017 38 12.09 0 -200



1 06/03/2017 38 12.05 1,200 1,200



1 06/03/2017 38 12.05 0 -1,200



1 07/03/2017 38 12.2 3,000 3,000



1 07/03/2017 38 12.2 0 -3,000



1 09/03/2017 38 12.27 200 200



1 09/03/2017 38 12.27 0 -200



1 09/03/2017 38 12.26 2,800 2,800



1 09/03/2017 38 12.26 0 -2,800



1 10/03/2017 38 12.22 2,000 2,000



1 10/03/2017 38 12.22 0 -2,000



1 15/03/2017 38 12.24 300 300



1 15/03/2017 38 12.24 0 -300



1 17/03/2017 38 12.28 3,000 3,000



1 17/03/2017 38 12.28 0 -3,000



1 20/03/2017 38 12.3 3,000 3,000



1 20/03/2017 38 12.3 0 -3,000



1 21/03/2017 38 12.3 3,000 3,000



1 21/03/2017 38 12.3 0 -3,000



1 23/03/2017 38 12.34 3,000 3,000



1 23/03/2017 38 12.34 0 -3,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3533



Acquired/ Disposed



1 24/03/2017 38 12.26 3,000 3,000



1 24/03/2017 38 12.26 0 -3,000



1 27/03/2017 38 12.33 3,000 3,000



1 27/03/2017 38 12.33 0 -3,000



1 28/03/2017 38 12.3 3,000 3,000



1 28/03/2017 38 12.3 0 -3,000



1 29/03/2017 38 12.3 3,000 3,000



1 29/03/2017 38 12.3 0 -3,000



1 30/03/2017 38 12.45 3,000 3,000



1 30/03/2017 38 12.45 0 -3,000



1 31/03/2017 38 12.44 3,000 3,000



1 31/03/2017 38 12.44 0 -3,000

Foraco International SA Common Shares Foraco International SA 1 03/03/2017 38 0.41 262,097 1,639










Fortress Paper Ltd. Common Shares Class A voting without par value

Gardner, Ezra 4 31/03/2017 10 8.29 1,363,815 900

Fortress Paper Ltd. Convertible Debentures FTP.DB.A 7.0% Debenture

Gardner, Ezra 4 28/03/2017 10 94.3 $2,397,000 -$500,000

Fortress Paper Ltd. Convertible Debentures FTP.DB.A 7.0% Debenture

Gardner, Ezra 4 28/03/2017 10 94.3 -$500,000


Iadeluca, Giovanni 7 29/03/2017 10 8.19 5,490 1,087



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3534



Acquired/ Disposed




Wasilenkoff, Chadwick James

3, 4, 5 04/04/2017 51 8 2,434,702 1,915

Fortress Paper Ltd. Options Wasilenkoff, Chadwick James

3, 4, 5 04/04/2017 51 8 530,150 -58,675

Fortress Paper Ltd. Options Wasilenkoff, Chadwick James

3, 4, 5 04/04/2017 59 8 471,475 -58,675

Fortune Bay Corp. Warrants Dawe, Wade K. 4, 5 01/04/2017 55 0.6 0 -357,143

Fortune Bay Corp. Warrants gross, michael 4 01/04/2017 58 - Expiration of rights -44,643

Fortune Bay Corp. Warrants gross, michael 4 01/04/2017 58 - Expiration of rights -44,643

Fortune Bay Corp. Warrants gross, michael 4 01/04/2017 55 0 -44,643

Founders Advantage Capital Corp. (formerly FCF Capital Inc.)

Common Shares Class A Bell, James Geral 4 03/04/2017 38 3.36 37,047 22,514


Deferred Share Units Bell, James Geral 4 03/04/2017 38 3.36 0 -43,297


Common Shares Class A McRae, Peter Croft 4 03/04/2017 30 3.36 62,973 10,833


Deferred Share Units McRae, Peter Croft 4 03/04/2017 30 0 -20,833

Fox River Resources Corporation

Common Shares Case, Stephen Dunbar 3, 4, 5 30/03/2017 10 0.105 39,500

Fox River Resources Corporation

Common Shares Case, Stephen Dunbar 3, 4, 5 30/03/2017 10 0.105 7,502,042 29,500

Freehold Royalties Ltd. Common Shares Canadian National Railway Company, Administrator of the CN Trust Funds

3 31/03/2017 46 13.48 5,521,157 55,000

Frontenac Mortgage Investment Corporation

Common Shares Barnes, Robert 4 05/04/2017 15 30 51,188 61


Common Shares Cruickshank, Kevin 5 05/04/2017 15 30 14,011 63


Common Shares REISER, DAWN 5 05/04/2017 15 30 1,100 13

Future Farm Technologies Inc.

Common Shares Gappelberg, Evan 8 15/03/2017 00 2,000,000


Common Shares Gappelberg, Evan 8 15/03/2017 00 6,227,000


Options Gappelberg, Evan 8 15/03/2017 00 500,000

Gabriel Resources Ltd. Rights DSUs Cramer, Dag Lars 4 04/04/2017 56 292,158 14,634

Gabriel Resources Ltd. Rights DSUs Gusenbauer, Alfred 4 04/04/2017 56 292,158 14,634

Gabriel Resources Ltd. Rights DSUs Hulley, Keith Robert 4 04/04/2017 56 316,263 24,390

Gabriel Resources Ltd. Rights DSUs Kirk, Harry Wayne 4 04/04/2017 56 299,771 17,073

Gabriel Resources Ltd. Options Natbony, William 4 04/04/2017 50 0.41 191,429 47,122

Gabriel Resources Ltd. Rights DSUs Peat, David W. 4 04/04/2017 56 302,150 17,835

Gabriel Resources Ltd. Options Segsworth, Walter Thomas 4 04/04/2017 50 0.41 766,429 47,122

Galway Metals Inc. Common Shares Hinchcliffe, Robert 3, 4, 5 05/04/2017 54 0.15 10,017,384 625,000

Galway Metals Inc. Warrants Hinchcliffe, Robert 3, 4, 5 05/04/2017 54 0 -625,000

Galway Metals Inc. Common Shares Strauss, Lawrence Jay 4 05/04/2017 54 0.15 775,000 250,000

Galway Metals Inc. Warrants Strauss, Lawrence Jay 4 05/04/2017 54 0 -250,000

Gaming Nation Inc. Common Shares Secord, Scott Lawrence 4, 5 05/04/2017 10 0.55 1,065,800 7,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3535



Acquired/ Disposed

GDI Integrated Facility Services Inc.

Deferred Share Units Boychuk, Michael T. 4 31/03/2017 56 4,585 650


Deferred Share Units GALLOWAY, DAVID ALEXANDER

4 31/03/2017 56 8,760 1,138


Deferred Share Units Leimert, Murray 4 31/03/2017 56 4,066 1,079


Deferred Share Units Roy, Richard G 4 31/03/2017 56 8,347 1,093


Deferred Share Units Youngman, Carl 4 31/03/2017 56 6,449 853

Gear Energy Ltd. Common Shares O'Connell, John 4 05/04/2017 10 0.88 2,962,265 -4,447

Gear Energy Ltd. Common Shares O'Connell, John 4 07/04/2017 10 0.87 2,950,360 -11,905

Genesis Land Development Corp.

Common Shares Genesis Land Development Corp.

1 28/03/2017 38 2.89 436,447 432,575



1 29/03/2017 38 2.881 437,933 1,486



1 30/03/2017 38 2.9312 439,419 1,486



1 31/03/2017 38 2.9906 440,905 1,486



1 31/03/2017 38 437,033 -3,872


Common Shares STEWART, Iain 4 31/03/2017 10 2.95 32,200 1,200


Common Shares STEWART, Iain 4 03/04/2017 10 2.9997 34,300 2,100


Common Shares STEWART, Iain 4 03/04/2017 10 3 34,500 200


Options STEWART, Iain 4 30/06/2016 38 0 -75,000

Genworth MI Canada Inc. Common Shares Artinian, Vania 7 31/03/2017 30 1,589 193

Genworth MI Canada Inc. Deferred Share Units Bolger, Andrea Elaine 7 31/03/2017 56 36.91 1,178 355

Genworth MI Canada Inc. Common Shares Hewat, Mary-Jo 5 02/06/2016 00 43

Genworth MI Canada Inc. Deferred Share Units Horn, Sidney M. 4 31/03/2017 56 36.91 28,664 829

Genworth MI Canada Inc. Common Shares Macdonell, Winsor James 5 31/03/2017 30 13,844 396

Genworth MI Canada Inc. Common Shares Mayers, Philip Adrian Virgil 5 31/03/2017 30 18,060 583

Genworth MI Canada Inc. Common Shares McPherson, Deborah Lynn 5 31/03/2017 30 12,742 493

Genworth MI Canada Inc. Deferred Share Units Nicol, Heather 4 31/03/2017 56 36.91 3,526 287

Genworth MI Canada Inc. Deferred Share Units Parkinson, Neil Reginald 4 06/02/2017 00 172

Genworth MI Canada Inc. Common Shares Pinto, Jonathan 5 31/03/2017 30 819 164

Genworth MI Canada Inc. Common Shares Piroli, Robert John 5 31/03/2017 30 1,008 100

Genworth MI Canada Inc. Common Shares Piroli, Robert John 5 31/03/2017 30 386 93

Genworth MI Canada Inc. Common Shares Spitali, Jim 7 31/03/2017 30 1,443 227

Genworth MI Canada Inc. Common Shares Spitali, Jim 7 31/03/2017 30 91 1

Genworth MI Canada Inc. Deferred Share Units Walker, John Logan 4 31/03/2017 56 36.91 15,912 236

Genworth MI Canada Inc. Common Shares Watson, Timothy Scott 7 31/03/2017 30 518 268

Genworth MI Canada Inc. Common Shares Williams, Aaron James Glyndwr

7 31/03/2017 30 1,341 140

Geodrill Limited Common Shares Bingham, Samuel John 4 05/04/2017 90 0 -40,000

Geodrill Limited Common Shares Bingham, Samuel John 4 16/12/2010 00

Geodrill Limited Common Shares Bingham, Samuel John 4 05/04/2017 90 40,000 40,000

Geologix Explorations Inc. Common Shares Kearvell, Gillian 5 01/03/2017 00 5,000

Geologix Explorations Inc. Common Shares Kearvell, Gillian 5 03/04/2017 16 0.08 405,000 400,000

Gibson Energy Inc. Deferred Share Units Bloom, Douglas Palmer 4 01/04/2017 56 4,104 1,040

Gibson Energy Inc. Deferred Share Units Cleary, James Joseph 4 01/04/2017 56 24,517 2,593

Gibson Energy Inc. Deferred Share Units Estey, James 4 01/04/2017 56 34,804 2,925

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3536



Acquired/ Disposed

Gibson Energy Inc. Deferred Share Units Ingram, Donald Richard 4 01/04/2017 56 16,889 1,490

Gibson Energy Inc. Deferred Share Units McRae, Marshall L. 4 01/04/2017 56 26,604 2,080

Gibson Energy Inc. Deferred Share Units Peters, Mary Ellen 4 01/04/2017 56 24,379 2,593

Gibson Energy Inc. Restricted Share Units Stanley, Rhonda 7 01/04/2017 56 25,311 3,355

Gibson Energy Inc. Deferred Share Units Woitas, Clayton 4 01/04/2017 56 25,089 1,950

Gildan Activewear Inc. Deferred Share Units (DSUs)

Anderson, William D. 4 02/04/2017 56 26.72 46,722 1,170


Berg, Donald 4 02/04/2017 56 26.72 12,820 1,684

Gildan Activewear Inc. Common Shares Gildan Activewear Inc. 1 28/02/2017 38 32.29 295,000 295,000


Gildan Activewear Inc. Common Shares Gildan Activewear Inc. 1 01/03/2017 38 106,032 -295,000







Gildan Activewear Inc. Common Shares Gildan Activewear Inc. 1 09/03/2017 38 0 -632,228










Gildan Activewear Inc. Common Shares Gildan Activewear Inc. 1 22/03/2017 38 34.048 1,036,524 131,732





Gildan Activewear Inc. Common Shares Gildan Activewear Inc. 1 30/03/2017 38 0 -1,562,688


Goodman, Russell Andrew 4 02/04/2017 56 26.72 26,890 917


Heller, George Jason 4 02/04/2017 56 26.72 57,890 1,684


Martin-Vachon, Anne 4 02/04/2017 56 26.72 11,023 1,404


O'Brien, Sheila 4 02/04/2017 56 26.72 71,971 1,544


VALDES-FAULI, Gonzalo 4 02/04/2017 56 26.72 37,258 702

Glance Technologies Inc. Rights Green, Penny Olga 3, 4, 6, 5 04/08/2016 00

Glance Technologies Inc. Rights Green, Penny Olga 3, 4, 6, 5 03/04/2017 56 0.2 11,228,339 11,228,339


Glance Technologies Inc. Rights Green, Penny Olga 3, 4, 6, 5 03/04/2017 56 0.2 350,000 350,000


Glance Technologies Inc. Rights Green, Penny Olga 3, 4, 6, 5 03/04/2017 56 0.2 5,050,000 5,050,000

Glance Technologies Inc. Rights Griffin, Desmond 3, 4, 5 04/08/2016 00

Glance Technologies Inc. Rights Griffin, Desmond 3, 4, 5 03/04/2017 56 0.2 15,360,332 15,360,332

Glance Technologies Inc. Rights Haggarty, Peter 5 04/08/2016 00

Glance Technologies Inc. Rights Haggarty, Peter 5 03/04/2017 56 0.2 106,395 106,395

Glance Technologies Inc. Rights Haggarty, Peter 5 04/08/2016 00

Glance Technologies Inc. Rights Haggarty, Peter 5 03/04/2017 56 0.2 213,607 213,607

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3537



Acquired/ Disposed

Glance Technologies Inc. Rights Kerr, Keith (Zeke) 5 05/10/2016 00

Glance Technologies Inc. Rights Kerr, Keith (Zeke) 5 03/04/2017 56 0.2 56,945 56,945

Glance Technologies Inc. Rights Niagara Acquisitions Corp. 3 04/08/2016 00

Glance Technologies Inc. Rights Niagara Acquisitions Corp. 3 03/04/2017 56 0.2 5,050,000 5,050,000

Global Dividend Growers Income Fund

Trust Units Global Dividend Growers Income Fund

1 31/03/2017 38 12.207 4,528,494 1,400



1 03/04/2017 38 12.107 4,531,394 2,900



1 05/04/2017 38 12.109 4,532,094 700



1 05/04/2017 10 12.2 4,525,194 -6,900

Global Healthcare Income & Growth Fund

Units Global Healthcare Income & Growth Fund

1 23/03/2017 38 8.77 2,300 2,300



1 23/03/2017 38 8.77 0 -2,300



1 28/03/2017 38 8.81 500 500



1 28/03/2017 38 8.81 0 -500

Global Real Estate Dividend Growers Corp.

Common Shares Equity Shares


1 31/03/2017 38 7.8262 3,855,917 5,500


Common Shares Equity Shares


1 03/04/2017 38 7.7875 3,856,717 800

Globex Mining Enterprises Inc.

Common Shares Wilson, James Gordon 5 26/11/2009 00


Common Shares Wilson, James Gordon 5 04/04/2017 51 0.235 80,000 80,000


Options Wilson, James Gordon 5 04/04/2017 51 0.235 45,000 -80,000

Gluskin Sheff + Associates Inc.

Deferred Share Units Beeston, Paul 5 31/03/2017 56 33,126 1,922


Deferred Share Units Davis, Virginia Ann 4 31/03/2017 56 8,496 961


Deferred Share Units Gobert, Wilfred Arthur 4 31/03/2017 56 34,304 1,566


Deferred Share Units Halperin, Stephen 4 31/03/2017 56 16,530 1,567


Deferred Share Units Lockhart, Nancy 4 31/03/2017 56 17,644 1,922


Deferred Share Units Themens, Pierre-Andre 4 31/03/2017 56 35,056 1,566

Gold Reserve Inc. Common Shares Class A Common Shares

Steelhead Partners, LLC 3 27/03/2017 00




Steelhead Partners, LLC 3 27/03/2017 00 1,555,351










Steelhead Partners, LLC 3 27/03/2017 00 5,776,350

Gold Reserve Inc. Convertible Debentures Steelhead Partners, LLC 3 27/03/2017 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3538



Acquired/ Disposed

Gold Reserve Inc. Convertible Debentures Steelhead Partners, LLC 3 27/03/2017 00

Gold Reserve Inc. Convertible Debentures Steelhead Partners, LLC 3 27/03/2017 00 $12,986,744

Gold Standard Ventures Corp.

Common Shares OceanaGold Corporation 3 30/03/2017 10 3.4494 36,802,652 -2,539,940

Goldcorp Inc. Common Shares Canepari, Luis Maximo 5 27/02/2017 10 21.878 3,130

Goldcorp Inc. Common Shares Canepari, Luis Maximo 5 27/02/2017 10 21.878 4,190 -3,130

Goldcorp Inc. Common Shares Gula, Peter 7 27/02/2017 10 21.878 1,967

Goldcorp Inc. Common Shares Gula, Peter 7 27/02/2017 10 21.878 923 -1,967

Golden Dawn Minerals Inc. Common Shares Wiese, Wolfgang 4, 5 03/04/2017 10 0.32 6,263,074 -35,000

Golden Predator Mining Corp.

Common Shares Class "A"

Sheriff, William Morris 4 30/03/2017 10 1.4 10,571,500 -1,000,000

Golden Predator Mining Corp.

Common Shares Class "A"

Spears, Stephan Michael Seydegart

4 07/04/2017 10 1.35 75,000 2,000

Golden Valley Mines Ltd. Common Shares Lee, Jimmy S.H. 3, 4 31/03/2017 54 0.14 19,880,500 1,500,000

Golden Valley Mines Ltd. Warrants Lee, Jimmy S.H. 3, 4 31/03/2017 54 0.14 10,900,000 -1,500,000

Goldman Sachs U.S. Income Builder Trust

Units Class A Goldman Sachs U.S. Income Builder Trust

1 01/03/2017 38 7.99 3,000 3,000



1 01/03/2017 38 7.99 0 -3,000



1 02/03/2017 38 8.05 3,000 3,000



1 02/03/2017 38 8.05 0 -3,000



1 02/03/2017 38 7.9 2,000 2,000



1 02/03/2017 38 7.9 0 -2,000



1 06/03/2017 38 7.94 3,000 3,000



1 06/03/2017 38 7.94 0 -3,000



1 09/03/2017 38 7.8 3,000 3,000



1 09/03/2017 38 7.8 0 -3,000



1 15/03/2017 38 7.81 700 700



1 15/03/2017 38 7.81 0 -700



1 22/03/2017 38 7.82 2,000 2,000



1 22/03/2017 38 7.82 0 -2,000



1 23/03/2017 38 7.82 3,000 3,000



1 23/03/2017 38 7.82 0 -3,000



1 28/03/2017 38 7.78 3,000 3,000



1 28/03/2017 38 7.78 0 -3,000



1 30/03/2017 38 7.85 3,000 3,000



1 30/03/2017 38 7.85 0 -3,000

Gran Colombia Gold Corp. Options Ashcroft, Mark Nicholas James

4 03/04/2017 50 0.17 1,300,000 800,000

Gran Colombia Gold Corp. Options Bernelot Moens, Andrea Cecilia

5 03/04/2017 50 0.17 415,000 200,000

Gran Colombia Gold Corp. Options Couch, Edward Andres 4 03/04/2017 50 0.17 1,300,000 800,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3539



Acquired/ Disposed

Gran Colombia Gold Corp. Options Davies, Michael Monier 5 03/04/2017 50 0.17 2,385,000 1,700,000

Gran Colombia Gold Corp. Options De La Campa, Miguel Angel 4, 6, 5 03/04/2017 50 0.17 2,665,000 1,325,000

Gran Colombia Gold Corp. Options Iacono, Serafino 3, 4, 6, 5 03/04/2017 50 0.17 2,665,000 1,325,000

Gran Colombia Gold Corp. Options Lamond, Rodney 4 03/04/2017 50 0.17 1,300,000 800,000

Gran Colombia Gold Corp. Options Martinez, Hernan 4 03/04/2017 50 0.17 1,545,000 800,000

Gran Colombia Gold Corp. Options Metcalfe, Robert 4 03/04/2017 50 0.17 1,545,000 800,000

Gran Colombia Gold Corp. 2020 Debentures Miller, III, Lloyd I. 3 31/03/2017 10 0.8309 $5,951,141 $75,000

Gran Colombia Gold Corp. 2020 Debentures Miller, III, Lloyd I. 3 04/04/2017 10 0.8209 $6,001,141 $50,000

Gran Colombia Gold Corp. Options NOGUERA, JOSE 5 03/04/2017 50 0.17 1,140,000 825,000

Gran Colombia Gold Corp. Options Paredes Arenas, Lombardo 5 03/04/2017 50 0.17 2,865,000 1,850,000

Gran Colombia Gold Corp. Options Perez, Jaime 4, 6 03/04/2017 50 0.17 1,590,000 800,000

Gran Colombia Gold Corp. Options Wellings, Mark 4 03/04/2017 50 0.17 1,300,000 800,000

Gran Tierra Energy Inc. Options Dey, Peter James 4 01/04/2017 50 2.64 101,483 2,719

Gran Tierra Energy Inc. Rights Deferred Stock Units

Dey, Peter James 4 01/04/2017 56 44,577 10,888

Gran Tierra Energy Inc. Options Hazell, Evan James 4 01/04/2017 50 2.64 101,483 2,719


Hazell, Evan James 4 01/04/2017 56 47,507 7,950


Hodgins, Robert Bruce 4 01/04/2017 56 55,328 9,259

Gran Tierra Energy Inc. Options Royal, Ronald William 4 01/04/2017 50 2.64 101,483 2,719


Royal, Ronald William 4 01/04/2017 56 71,448 11,956

Gran Tierra Energy Inc. Options Smith, David Paul 4 01/04/2017 50 2.64 101,483 2,719


Smith, David Paul 4 01/04/2017 56 22,502 3,766

Gran Tierra Energy Inc. Options Wade, Brooke Nelson 4 01/04/2017 50 2.64 101,483 2,719


Wade, Brooke Nelson 4 01/04/2017 56 71,448 11,956

Granite REIT Inc. Deferred Share Units Brody, Michael Lawrence 4 31/03/2017 56 46.07 7,472 305

Granite REIT Inc. Deferred Share Units Clow, Donald Everett 4 31/03/2017 56 46.07 1,071 795

Granite REIT Inc. Deferred Share Units Cruise, Brydon 4 31/03/2017 56 46.07 3,192 757

Granite REIT Inc. Deferred Share Units Dey, Peter James 4 31/03/2017 56 46.07 14,336 488

Granite REIT Inc. Deferred Share Units Gilbertson, Barry Gordon 4 31/03/2017 56 46.07 15,376 623

Granite REIT Inc. Deferred Share Units Miller, Gerald 4 31/03/2017 56 46.07 7,472 305

Granite REIT Inc. Deferred Share Units Voorheis, George Wesley Thomas

4 31/03/2017 56 46.07 37,201 1,538

Great Canadian Gaming Corporation

Units Restricted Shares Baker, Rodney 4, 5 06/04/2017 56 24.57 21,805 10,195


Common Shares Ennis, Patrick Stephen 5 04/04/2017 10 24.9 4,000 -400








Units Restricted Shares Ennis, Patrick Stephen 5 06/04/2017 56 24.57 1,183 683


Common Shares Keeling, Chuck 7 30/03/2017 51 9.11 17,796 16,000


Common Shares Keeling, Chuck 7 30/03/2017 10 24.63 17,596 -200





Insider Reporting

April 13, 2017

(2017), 40 OSCB 3540



Acquired/ Disposed












Common Shares Keeling, Chuck 7 30/03/2017 10 24.51 13,196 -2,900
























Options Keeling, Chuck 7 30/03/2017 51 9.11 120,000 -16,000


Units Restricted Shares Keeling, Chuck 7 06/04/2017 56 24.57 3,189 712


Units Restricted Shares Lynn, Christopher Noel Robert

5 06/04/2017 56 24.57 169 54


Units Restricted Shares Phouikhoune-Phinith, Chindavone

5 06/04/2017 56 24.57 537 267

Great-West Lifeco Inc. Deferred Share Units Bibeau, Marc A. 6 31/03/2017 30 36.85 2,898 29

Great-West Lifeco Inc. Deferred Share Units Coutu, Marcel R. 4 31/03/2017 56 37.061 32,387 2,160

Great-West Lifeco Inc. Deferred Share Units Desmarais, AndrÚ 4 31/03/2017 56 36.961 150,017 2,679

Great-West Lifeco Inc. Deferred Share Units Desmarais, Olivier 7 31/03/2017 56 37.074 9,690 1,023

Great-West Lifeco Inc. Deferred Share Units Desmarais, Paul III 7 31/03/2017 56 37.069 8,700 753

Great-West Lifeco Inc. Deferred Share Units Desmarais, Paul Jr. 4 31/03/2017 56 36.985 32,477 707

Great-West Lifeco Inc. Deferred Share Units Doer, Gary Albert 4 31/03/2017 56 37.088 1,329 347

Great-West Lifeco Inc. Deferred Share Units GÚnÚreux, Claude 4 31/03/2017 56 37.081 14,401 2,197

Great-West Lifeco Inc. Common Shares Great-West Lifeco Inc. 1 31/03/2017 38 37.14 19,047 19,047

Great-West Lifeco Inc. Common Shares Great-West Lifeco Inc. 1 31/03/2017 38 0 -19,047

Great-West Lifeco Inc. Common Shares Great-West Lifeco U.S. Holdings, L.P.

2 31/03/2017 10 37.083 180,000 180,000

Great-West Lifeco Inc. Common Shares Great-West Lifeco U.S. Holdings, L.P.

2 31/03/2017 10 37.073 0 -180,000

Great-West Lifeco Inc. Deferred Share Units Hosek, Chaviva Milada 4 31/03/2017 56 37.007 19,487 526

Great-West Lifeco Inc. Deferred Share Units Jackson, John David Allan 4 31/03/2017 56 37.058 6,374 396

Great-West Lifeco Inc. Deferred Share Units Mahon, Paul 5 31/03/2017 56 37.058 67,219 1,871

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3541



Acquired/ Disposed

Great-West Lifeco Inc. Deferred Share Units McArthur, Susan J. 4 31/03/2017 56 37.078 2,851 362

Great-West Lifeco Inc. Deferred Share Units Orr, Robert Jeffrey 4, 6 31/03/2017 56 37.003 158,682 4,099

Great-West Lifeco Inc. Deferred Share Units Plessis-BÚlair, Michel 6 31/03/2017 30 36.85 27,830 274

Great-West Lifeco Inc. Deferred Share Units Qureshi, Rima 4 31/03/2017 56 37.088 1,329 347

Great-West Lifeco Inc. Deferred Share Units Reynolds, Robert Lloyd 7 31/03/2017 56 37.069 5,650 496

Great-West Lifeco Inc. Deferred Share Units Rousseau, Henri-Paul 4, 6 31/03/2017 56 37.017 21,459 652

Great-West Lifeco Inc. Deferred Share Units Royer, Raymond 4 31/03/2017 56 37.024 67,523 2,246

Great-West Lifeco Inc. Deferred Share Units Ryan, Thomas Timothy, Jr. 4 31/03/2017 56 37.072 24,668 2,391

Great-West Lifeco Inc. Deferred Share Units Selitto, Jerome John 4 31/03/2017 56 37.052 10,089 540

Great-West Lifeco Inc. Deferred Share Units Szathmary, Emoke Jolan Erzsebet

4 31/03/2017 56 36.976 32,767 657

Great-West Lifeco Inc. Deferred Share Units Tretiak, Gregory Dennis 4, 6 31/03/2017 56 37.046 13,556 648

Great-West Lifeco Inc. Deferred Share Units Vanaselja, Siim A. 4 31/03/2017 56 37.073 14,148 1,413

Great-West Lifeco Inc. Deferred Share Units Walsh, Brian, E. 4 31/03/2017 56 37.016 70,342 2,108

Green Swan Capital Corp. Common Shares Nadon, Ashley Elizabeth Mary

7 04/04/2017 10 0.1 28,000 -22,000

Green Swan Capital Corp. Common Shares Nadon, Ashley Elizabeth Mary

7 06/04/2017 10 0.1 0 -28,000

GrowMax Resources Corp. Common Shares GrowMax Resources Corp. 1 01/03/2017 38 0.145 585,000 50,000










GrowMax Resources Corp. Common Shares GrowMax Resources Corp. 1 04/04/2017 38 0 -550,000

GrowMax Resources Corp. Options Wiggins, Lloyd 5 01/04/2017 00 200,000

Guardian Capital Group Limited

Rights Stock Appreciation Brown, Paul Edward 7 31/03/2017 56 25.137 118,934 9,945


Rights Stock Appreciation Hunt, John 7 31/03/2017 56 25.137 23,494 2,984


Rights Stock Appreciation Mavroudis, George 4, 5 31/03/2017 56 25.137 754,508 13,923


Rights Stock Appreciation Messina, Anthony Julian 7 31/03/2017 56 25.137 7,888 1,989


Rights Stock Appreciation Turner, Matthew Dean 5 31/03/2017 56 25.137 31,819 3,978


Rights Stock Appreciation Yi, Donald 5 31/03/2017 56 25.137 12,766 3,978

Guyana Goldfields Inc. Common Shares Noone, Daniel Joseph 4 31/03/2017 10 7.05 608,200 -20,000

Guyana Goldfields Inc. Common Shares Sheridan, Patrick John 4 31/03/2017 10 7.39 4,072,234 -1,000



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3542



Acquired/ Disposed

H&R Real Estate Investment Trust

Units Sullivan, Patrick James 5 04/04/2017 10 23.29 30,634 -78






Units Sullivan, Patrick James 5 04/04/2017 10 23.28 27,734 -2,300


Units Sullivan, Patrick James 5 04/04/2017 10 23.283 24,434 -3,300





Hardwoods Distribution Inc. Performance Shares Besen, Daniel A. 7, 5 31/03/2017 58 - Expiration of rights

2,731 -1,290

Hardwoods Distribution Inc. Performance Shares Besen, Daniel A. 7, 5 01/04/2017 56 5,155 2,424

Hardwoods Distribution Inc. Performance Shares Besen, Daniel A. 7, 5 01/04/2017 56 7,579 2,424

Hardwoods Distribution Inc. Restricted Shares Besen, Daniel A. 7, 5 01/04/2017 56 5,467 2,424

Hardwoods Distribution Inc. Restricted Shares Besen, Daniel A. 7, 5 01/04/2017 56 7,891 2,424

Hardwoods Distribution Inc. Common Shares Blanco, Lance Richard 4, 5 31/03/2017 57 97,792 5,552

Hardwoods Distribution Inc. Performance Shares Blanco, Lance Richard 4, 5 31/03/2017 57 6,584 -6,270

Hardwoods Distribution Inc. Performance Shares Blanco, Lance Richard 4, 5 31/03/2017 58 - Expiration of rights

6,220 -364

Hardwoods Distribution Inc. Performance Shares Blanco, Lance Richard 4, 5 01/04/2017 56 9,913 3,693

Hardwoods Distribution Inc. Performance Shares Blanco, Lance Richard 4, 5 01/04/2017 56 13,606 3,693

Hardwoods Distribution Inc. Restricted Shares Blanco, Lance Richard 4, 5 01/04/2017 56 9,948 3,693

Hardwoods Distribution Inc. Restricted Shares Blanco, Lance Richard 4, 5 01/04/2017 56 13,641 3,693

Hardwoods Distribution Inc. Common Shares Brown, Robert James 7, 5 31/03/2017 57 75,206 6,059

Hardwoods Distribution Inc. Performance Shares Brown, Robert James 7, 5 31/03/2017 57 16,330 -6,487

Hardwoods Distribution Inc. Performance Shares Brown, Robert James 7, 5 31/03/2017 58 - Expiration of rights

14,155 -2,175

Hardwoods Distribution Inc. Performance Shares Brown, Robert James 7, 5 01/04/2017 56 25,546 11,391

Hardwoods Distribution Inc. Performance Shares Brown, Robert James 7, 5 01/04/2017 56 36,937 11,391

Hardwoods Distribution Inc. Restricted Shares Brown, Robert James 7, 5 01/04/2017 56 25,592 11,391

Hardwoods Distribution Inc. Restricted Shares Brown, Robert James 7, 5 01/04/2017 56 36,983 11,391

Hardwoods Distribution Inc. Restricted Shares Bull, Peter Morris 3 01/04/2017 46 5,467 5,467

Hardwoods Distribution Inc. Performance Shares Figgins, Daniel Brian 5 31/03/2017 58 - Expiration of rights

2,739 -1,290

Hardwoods Distribution Inc. Performance Shares Figgins, Daniel Brian 5 01/04/2017 56 4,193 1,454

Hardwoods Distribution Inc. Performance Shares Figgins, Daniel Brian 5 01/04/2017 56 5,647 1,454

Hardwoods Distribution Inc. Restricted Shares Figgins, Daniel Brian 5 01/04/2017 56 1,664 1,454

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3543



Acquired/ Disposed

Hardwoods Distribution Inc. Restricted Shares Figgins, Daniel Brian 5 01/04/2017 56 3,118 1,454

Hardwoods Distribution Inc. Performance Shares Griffin, John Patrick 5 31/03/2017 58 - Expiration of rights

2,739 -1,290

Hardwoods Distribution Inc. Performance Shares Griffin, John Patrick 5 01/04/2017 56 4,274 1,535

Hardwoods Distribution Inc. Performance Shares Griffin, John Patrick 5 01/04/2017 56 5,809 1,535

Hardwoods Distribution Inc. Restricted Shares Griffin, John Patrick 5 01/04/2017 56 4,557 1,535

Hardwoods Distribution Inc. Restricted Shares Griffin, John Patrick 5 01/04/2017 56 6,092 1,535

Hardwoods Distribution Inc. Common Shares Karmally, Faiz Hanif 5 31/03/2017 57 6,338 1,423

Hardwoods Distribution Inc. Performance Shares Karmally, Faiz Hanif 5 31/03/2017 57 2,473 -1,423

Hardwoods Distribution Inc. Performance Shares Karmally, Faiz Hanif 5 01/04/2017 56 5,480 3,007

Hardwoods Distribution Inc. Performance Shares Karmally, Faiz Hanif 5 01/04/2017 56 8,487 3,007

Hardwoods Distribution Inc. Restricted Shares Karmally, Faiz Hanif 5 01/04/2017 56 5,490 3,007

Hardwoods Distribution Inc. Restricted Shares Karmally, Faiz Hanif 5 01/04/2017 56 8,497 3,007

Hardwoods Distribution Inc. Restricted Shares Macaulay, James Craig 4 01/04/2017 56 2,730 2,733

Hardwoods Distribution Inc. Restricted Shares Sauder, E. Lawrence 4 01/04/2017 56 4,040 4,100

Hardwoods Distribution Inc. Restricted Shares Sauder, William 4, 7 01/04/2017 56 2,718 2,733

Hardwoods Distribution Inc. Performance Shares West, Jason Ross 5 31/03/2017 58 - Expiration of rights

2,390 -1,290

Hardwoods Distribution Inc. Performance Shares West, Jason Ross 5 01/04/2017 56 3,483 1,093

Hardwoods Distribution Inc. Performance Shares West, Jason Ross 5 01/04/2017 56 4,576 1,093

Hardwoods Distribution Inc. Restricted Shares West, Jason Ross 5 01/04/2017 56 3,717 1,093

Hardwoods Distribution Inc. Restricted Shares West, Jason Ross 5 01/04/2017 56 4,810 1,093

Hardwoods Distribution Inc. Restricted Shares Wilson, Graham McGregor 4 01/04/2017 56 2,718 2,733

Hemisphere Energy Corporation

Common Shares SIMMONS, DON 5 03/04/2017 10 0.275 1,750,500 2,000

Heroux-Devtek Inc. Common Shares Arsenault, Stephane 5 31/03/2017 30 13.11 30,394 2,524

Heroux-Devtek Inc. Common Shares BÚlanger, RÚal 5 31/03/2017 30 13.11 222,013 3,495

Heroux-Devtek Inc. Common Shares Brassard, Martin 5 31/03/2017 30 13.11 138,978 2,350

Heroux-Devtek Inc. Common Shares Curley, John Rupert 5 20/03/2017 00 14,619

Heroux-Devtek Inc. Options Curley, John Rupert 5 20/03/2017 00 53,023

Heroux-Devtek Inc. Performance Share Units/UnitÚs d'actions liÚes au rendement

Curley, John Rupert 5 20/03/2017 00 3,172

Heroux-Devtek Inc. Common Shares Dallaire, Dominique 5 20/03/2017 00

Heroux-Devtek Inc. Common Shares Dallaire, Dominique 5 20/03/2017 00 9,136

Heroux-Devtek Inc. Options Dallaire, Dominique 5 20/03/2017 00

Heroux-Devtek Inc. Options Dallaire, Dominique 5 20/03/2017 00

Heroux-Devtek Inc. Options Dallaire, Dominique 5 20/03/2017 00 43,566


Dallaire, Dominique 5 20/03/2017 00 3,096

Heroux-Devtek Inc. Common Shares Gravel, Jean 5 31/03/2017 30 13.11 34,588 1,329

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3544



Acquired/ Disposed

Heroux-Devtek Inc. Common Shares LabbÚ, Gilles 3, 4, 6, 5 31/03/2017 30 13.11 36,929 5,093

Heroux-Devtek Inc. Common Shares Langelier, Remy 5 31/03/2017 30 13.11 6,900 1,050

Heroux-Devtek Inc. Common Shares Mendonca Furtado, Rui Charles

5 20/03/2017 00 1,053

Heroux-Devtek Inc. Options Mendonca Furtado, Rui Charles

5 20/03/2017 00 6,000


Mendonca Furtado, Rui Charles

5 20/03/2017 00 2,257

Heroux-Devtek Inc. Common Shares Normandin, Daniel 5 20/03/2017 00 26,265

Heroux-Devtek Inc. Options Normandin, Daniel 5 20/03/2017 00 32,884


Normandin, Daniel 5 20/03/2017 00 2,772

Heroux-Devtek Inc. Common Shares ROBILLARD, Michel 5 31/03/2017 30 13.11 2,731 1,109

Heroux-Devtek Inc. Common Shares Roy, GaÚtan 5 05/02/2015 00 10,000

Heroux-Devtek Inc. Common Shares Roy, GaÚtan 5 31/03/2017 30 13.11 11,470 1,470

Heroux-Devtek Inc. Common Shares Sanche, Jean-Philippe 5 20/03/2017 00 1,042


Sanche, Jean-Philippe 5 20/03/2017 00 969

High Arctic Energy Services Inc.

Common Shares Peters, Brian Bruno 5 30/03/2017 30 40,100 20,000


Options Tearoe, Catherine Blanca 5 26/03/2017 00


Options Tearoe, Catherine Blanca 5 30/03/2017 50 5.07 25,000 25,000

High Liner Foods Incorporated


Dexter, Robert P. 4 31/03/2017 56 24,127 967



Miller, Ralph Andy 4 31/03/2017 56 11,658 483



Pace, Robert 4 19/11/2003 00



Pace, Robert 4 31/03/2017 56 293 293

HIT Technologies Inc. (formerly Friday Capital Inc.)

Convertible Notes Convertible into Common Shares

Wilkinson, Ian Robert 4 10/06/2015 00

HIT Technologies Inc. (formerly Friday Capital Inc.)

Convertible Notes Convertible into Common Shares

Wilkinson, Ian Robert 4 05/04/2017 16 $220,000 $220,000

Holloway Lodging Corporation

Convertible Debentures HLC.DB 6.25% due Feb 28, 2020

Clarke Inc. 3 04/04/2017 10 97.5 $2,833,000 -$13,000


Options Grimaldi, Richard 4 29/03/2017 50 5.36 135,000 30,000


Options Haw, Dustin 4 31/03/2017 50 5.36 85,000 30,000

Hope Well Capital Corp. Common Shares Chang, Anthony W 4, 5 04/04/2017 00 75,000

Hope Well Capital Corp. Common Shares Kales, Sheldon 3, 4 30/03/2017 00 600,000

Hope Well Capital Corp. Common Shares Ni, Peiwei 4 30/03/2017 00 100,000

HUSKY ENERGY INC. Common Shares PEABODY, ROBERT JOHN 4, 5 31/03/2017 10 15.075 97,813 600

HUSKY ENERGY INC. Common Shares PEABODY, ROBERT JOHN 4, 5 31/03/2017 10 15.08 103,413 5,600

HUSKY ENERGY INC. Common Shares PEABODY, ROBERT JOHN 4, 5 31/03/2017 10 15.09 104,213 800

Hydro One Limited Rights (PSU) Barry, Paul H. 5 31/03/2017 56 24.25 39,413 22,270

Hydro One Limited Rights (RSU) Barry, Paul H. 5 31/03/2017 56 24.25 31,993 14,850

Hydro One Limited Rights (Deferred Share Units)

Hinds, James David 4 31/03/2017 56 10,025 1,649

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3545



Acquired/ Disposed

Hydro One Limited Rights (Deferred Share Units)

Hinds, James David 4 31/03/2017 56 10,099 74

Hydro One Limited Rights (PSU) Kiraly, Gregory 5 31/03/2017 56 24.25 47,558 26,540

Hydro One Limited Rights (RSU) Kiraly, Gregory 5 31/03/2017 56 24.25 38,708 17,690

Hydro One Limited Rights (PSU) McKellar, Judy 5 31/03/2017 56 24.25 22,337 11,880

Hydro One Limited Rights (RSU) McKellar, Judy 5 31/03/2017 56 24.25 18,377 7,920

Hydro One Limited Rights (PSU) Pugliese, Ferio 5 31/03/2017 56 24.25 68,918 23,380

Hydro One Limited Rights (RSU) Pugliese, Ferio 5 31/03/2017 56 24.25 61,128 15,590

Hydro One Limited Rights (PSU) Scarlett, James 5 31/03/2017 56 24.25 39,605 22,270

Hydro One Limited Rights (RSU) Scarlett, James 5 31/03/2017 56 24.25 32,185 14,850

Hydro One Limited Rights (PSU) Schmidt, Mayo 4, 7, 5 31/03/2017 56 24.25 117,524 67,300

Hydro One Limited Rights (RSU) Schmidt, Mayo 4, 7, 5 31/03/2017 56 24.25 95,094 44,870

Hydro One Limited Rights (PSU) Vels, Michael Harold 7, 5 31/03/2017 56 24.25 38,155 23,380

Hydro One Limited Rights (RSU) Vels, Michael Harold 7, 5 31/03/2017 56 24.25 30,365 15,590

IBEX TECHNOLOGIES INC. Options Bergeron, Claire 5 01/02/2017 52 0.225 100,000 -30,000

IBEX TECHNOLOGIES INC. Options DeLuccia, Robert 4 01/02/2017 52 0.225 95,000 -35,000

IBEX TECHNOLOGIES INC. Options HECHT, THOMAS O. 4 01/02/2017 52 0.225 85,000 -35,000

IBI Group Inc. Rights Deferred Unit Bird, Jane Marie 4 31/03/2017 56 6.6 52,095 3,440

IBI Group Inc. Rights Deferred Unit Holtham, Angela Frances 4 31/03/2017 56 6.6 10,000 2,000

IBI Group Inc. Rights Deferred Unit Pill, Juri 4 31/03/2017 56 6.6 113,337 4,689

IBI Group Inc. Rights Deferred Unit Richmond, Dale Elson 4 31/03/2017 56 6.6 242,928 5,466

IDM Mining Ltd. (Formerly Revolution Resources Corp.)

Common Shares McLeod, Robert John 5 07/04/2017 10 0.16 951,632 38,000

IGM Financial Inc. Deferred Share Units Bibeau, Marc A. 4 31/01/2017 30 39.99 25,529 344

IGM Financial Inc. Deferred Share Units Bibeau, Marc A. 4 31/03/2017 56 40.26 26,398 869

IGM Financial Inc. Deferred Share Units Carney, Jeffrey 4 31/01/2017 30 39.99 9,725 126

IGM Financial Inc. Deferred Share Units Carney, Jeffrey 4 31/03/2017 56 40.26 10,495 770

IGM Financial Inc. Deferred Share Units Coutu, Marcel R. 4 31/01/2017 30 39.99 6,838 85

IGM Financial Inc. Deferred Share Units Coutu, Marcel R. 4 31/03/2017 56 40.26 7,695 857

IGM Financial Inc. Deferred Share Units Desmarais, AndrÚ 4, 6 31/01/2017 30 39.99 56,107 769

IGM Financial Inc. Deferred Share Units Desmarais, AndrÚ 4, 6 31/03/2017 56 40.26 56,790 683

IGM Financial Inc. Deferred Share Units Desmarais, Olivier 7 31/01/2017 30 39.99 5,405 69

IGM Financial Inc. Deferred Share Units Desmarais, Olivier 7 31/03/2017 56 40.26 5,928 523

IGM Financial Inc. Deferred Share Units Desmarais, Paul III 7 31/01/2017 30 39.99 5,544 71

IGM Financial Inc. Deferred Share Units Desmarais, Paul III 7 31/03/2017 56 40.26 6,024 480

IGM Financial Inc. Deferred Share Units Desmarais, Paul Jr. 4 31/01/2017 30 39.99 27,660 379

IGM Financial Inc. Deferred Share Units Desmarais, Paul Jr. 4 31/03/2017 56 40.26 28,110 450

IGM Financial Inc. Deferred Share Units Doer, Gary Albert 4 31/01/2017 30 39.99 677 6

IGM Financial Inc. Deferred Share Units Doer, Gary Albert 4 31/03/2017 56 40.26 910 233

IGM Financial Inc. Deferred Share Units GÚnÚreux, Claude 4 31/01/2017 30 39.99 1,760 21

IGM Financial Inc. Deferred Share Units GÚnÚreux, Claude 4 31/03/2017 56 40.26 1,993 233

IGM Financial Inc. Deferred Share Units Hodgson, Sharon 4 31/01/2017 30 39.99 2,973 35

IGM Financial Inc. Deferred Share Units Hodgson, Sharon 4 31/03/2017 56 40.26 3,474 501

IGM Financial Inc. Deferred Share Units Johnson, Daniel 2 31/01/2017 30 39.99 14,114 192

IGM Financial Inc. Deferred Share Units Johnson, Daniel 2 31/03/2017 56 40.26 14,347 233

IGM Financial Inc. Options MacDonald, Donald James 7 01/03/2017 52 51,085 -2,540

IGM Financial Inc. Deferred Share Units McArthur, Susan J. 4 31/01/2017 30 39.99 819 7

IGM Financial Inc. Deferred Share Units McArthur, Susan J. 4 31/03/2017 56 40.26 1,182 363

IGM Financial Inc. Deferred Share Units McCallum, John S. 4 31/01/2017 30 39.99 39,741 542

IGM Financial Inc. Deferred Share Units McCallum, John S. 4 31/03/2017 56 40.26 40,486 745

IGM Financial Inc. Options McCullum, David 7 01/03/2017 52 107,000 -27,450

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3546



Acquired/ Disposed

IGM Financial Inc. Options Murdoch, Robert Charles 5 01/03/2017 52 27,394 -3,820

IGM Financial Inc. Deferred Share Units Orr, Robert Jeffrey 4, 6 31/01/2017 30 39.99 76,850 1,046

IGM Financial Inc. Deferred Share Units Orr, Robert Jeffrey 4, 6 31/03/2017 56 40.26 78,434 1,584

IGM Financial Inc. Deferred Share Units Parisien, Jacques 4 31/01/2017 30 39.99 8,465 107

IGM Financial Inc. Deferred Share Units Parisien, Jacques 4 31/03/2017 56 40.26 9,334 869

IGM Financial Inc. Deferred Share Units Plessis-BÚlair, Michel 4 31/01/2017 30 39.99 12,042 167

IGM Financial Inc. Deferred Share Units Rousseau, Henri-Paul 4, 6 31/01/2017 30 39.99 8,803 119

IGM Financial Inc. Deferred Share Units Rousseau, Henri-Paul 4, 6 31/03/2017 56 40.26 9,036 233

IGM Financial Inc. Deferred Share Units Sherk, Susan Bradley 4 31/01/2017 30 39.99 14,416 196

IGM Financial Inc. Deferred Share Units Sherk, Susan Bradley 4 31/03/2017 56 40.26 14,649 233

IGM Financial Inc. Deferred Share Units Tretiak, Gregory Dennis 4, 6 31/01/2017 30 39.99 4,649 61

IGM Financial Inc. Deferred Share Units Tretiak, Gregory Dennis 4, 6 31/03/2017 56 40.26 4,882 233

Immunovaccine Inc. Deferred Share Units Dawe, Wade K. 4 31/03/2017 56 1.19 57,878 7,878

Immunovaccine Inc. Deferred Share Units Hall, James Willis 4 31/03/2017 56 1.19 66,807 16,807

Immunovaccine Inc. Deferred Share Units Pisano, Wayne 4 31/03/2017 56 1.19 63,393 13,393

Immunovaccine Inc. Deferred Share Units SCARDINO, ALBERT JAMES

4 31/03/2017 56 1.19 65,756 15,756

Immunovaccine Inc. Deferred Share Units Sheldon, Andrew J. 4 31/03/2017 56 1.19 88,655 13,655

Immunovaccine Inc. Deferred Share Units Smithers, Alfred 4 31/03/2017 56 1.19 57,353 7,353

Imperial Oil Limited Rights Deferred Share Units

Hoeg, Krystyna 4 31/03/2017 56 28,470 827

Imperial Oil Limited Common Shares Mackay, Andrew K. 7 07/04/2017 00 8,759

Imperial Oil Limited Rights Mackay, Andrew K. 7 07/04/2017 00

Imperial Oil Limited Rights Mackay, Andrew K. 7 07/04/2017 00 18,800


MINTZ, JACK MAURICE 4 31/03/2017 56 24,401 812


Sutherland, David Stewart 4 31/03/2017 56 21,860 803


Whittaker, Sheelagh 4 31/03/2017 56 51,452 548


Young, Victor Leyland 4 31/03/2017 56 13,030 47

Indexplus Income Fund Trust Units INDEXPLUS Income Fund 1 31/03/2017 38 11.357 38,924,870 700

Industrial Alliance Insurance and Financial Services inc.

unitÚs d'actions diffÚrÚes (uda)-differed shared units (dsa)

Bourgon, Jocelyne 4 31/03/2017 56 57.75 7,122 710



Chicoyne, Denyse 4 31/03/2017 56 57.75 6,068 458



C¶tÚ, Agathe 4 31/03/2017 56 57.75 1,457 353



Hanley, Michael 4 31/03/2017 56 57.75 2,035 264



Lamoureux, Claude 4 31/03/2017 56 57.75 12,188 443



LeBoutillier, John 4 31/03/2017 56 57.75 33,175 565



TÛtu, Louis 4 31/03/2017 56 57.75 1,699 415

Innergex Renewable Energy Inc.

UnitÚs d'actions diffÚrÚes (UAD)/Deferred Shares Units (DSU)

McGuinty, Dalton 4 06/04/2017 56 5,535 908

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3547



Acquired/ Disposed

Innergex Renewable Energy Inc.

UnitÚs d'actions diffÚrÚes (UAD)/Deferred Shares Units (DSU)

Mercier, Monique 4 06/04/2017 56 3,173 1,572

Inovalis Real Estate Investment Trust

Exchangeable Securities Inovalis S.A. 3 31/03/2017 46 9.5226 1,896,676 88,625

Intact Financial Corporation Common Shares Intact Financial Corporation 1 03/03/2017 38 94.509 3,100 1,100

Intact Financial Corporation Common Shares Intact Financial Corporation 1 06/03/2017 38 94.69 3,200 100




Intact Financial Corporation Common Shares Intact Financial Corporation 1 13/03/2017 38 1,900 -7,000













Intact Financial Corporation Common Shares Intact Financial Corporation 1 29/03/2017 38 1,900 -17,900


Integra Gold Corp. Common Shares Bryce, Robert 4 04/04/2017 51 0.3 584,810 50,000

Integra Gold Corp. Options Bryce, Robert 4 04/04/2017 51 0.3 1,230,000 -50,000

Integra Gold Corp. Common Shares de Jong, John 4 04/04/2017 51 0.3 769,408 50,000

Integra Gold Corp. Options de Jong, John 4 04/04/2017 51 0.3 1,892,500 -50,000

Integra Gold Corp. Common Shares De Jong, Stephen Edward 4 04/04/2017 51 0.3 25,000

Integra Gold Corp. Common Shares De Jong, Stephen Edward 4 04/04/2017 51 0.3 25,000

Integra Gold Corp. Common Shares De Jong, Stephen Edward 4 04/04/2017 51 0.3 1,766,303 25,000

Integra Gold Corp. Options De Jong, Stephen Edward 4 04/04/2017 51 25,000

Integra Gold Corp. Options De Jong, Stephen Edward 4 04/04/2017 51 25,000

Integra Gold Corp. Options De Jong, Stephen Edward 4 04/04/2017 51 0.3 3,457,500 -25,000

INTEGRATED ASSET MANAGEMENT CORP.

Common Shares Robertson, John 4, 7 03/04/2017 10 1.38 386,223 9,605

Interfor Corporation Rights DSUs HERBERT, PAUL 4 31/03/2017 56 21,682 1,848

Interfor Corporation Rights DSUs HULL, JEANE 4 31/03/2017 56 21,312 1,478

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3548



Acquired/ Disposed

Interfor Corporation Rights DSUs Lynch, Peter Matthew 4 31/03/2017 56 76,879 1,109

Interfor Corporation Rights DSUs MacDougall, Gordon H 4 31/03/2017 56 76,879 1,109

Interfor Corporation Rights DSUs McMillan, James Eddie 4 31/03/2017 56 39,691 1,109

Interfor Corporation Rights DSUs Milroy, Thomas Voysey 4 31/03/2017 56 6,879 1,848

Interfor Corporation Rights DSUs Platt, Gillian L. 4 31/03/2017 56 2,347 1,109

Interfor Corporation Rights DSUs Sauder, E. Lawrence 4, 5 31/03/2017 56 59,618 2,218

Interfor Corporation Rights DSUs Whitehead, Douglas William Geoffrey

4 31/03/2017 56 31,759 1,109

International Wastewater Systems Inc.

Common Shares Mueller, Lynn 4, 5 07/04/2017 11 0.3 6,700,000 2,200,000


Warrants Mueller, Lynn 4, 5 27/10/2015 00


Warrants Mueller, Lynn 4, 5 07/04/2017 11 2,200,000 2,200,000

InterRent Real Estate Investment Trust

Deferred Units Amirault, Paul 4 31/03/2017 56 122,533 2,978


Deferred Units Bouzanis, Paul 4 31/03/2017 56 117,444 4,480


Deferred Units Leslie, Ronald A. 4 31/03/2017 56 107,646 3,205


Deferred Units Stone, Victor Reginald 4 31/03/2017 56 90,241 4,044

INV Metals Inc. Common Shares IAMGOLD Corporation 3 31/03/2017 90 0 -9,822,546

INV Metals Inc. Common Shares IAMGOLD Corporation 3 31/03/2017 90 32,950,636 9,822,546

INV Metals Inc. Options Klein, Eric 4 31/03/2017 50 540,000 150,000

INV Metals Inc. Options Shaver, William M 5 16/03/2017 00

INV Metals Inc. Options Shaver, William M 5 31/03/2017 50 500,000 500,000

Invictus MD Strategies Corp. Common Shares The K2 Principal Fund L.P. 3 29/03/2017 10 1.3659 5,088,500 -25,000



IOU Financial Inc. Multiple Voting Shares CATEGORIE B (known as Class B common Shares)

Marleau, Charles 6 08/11/2011 00




Marleau, Charles 6 06/01/2012 10 0.24 10,000


Marleau, Charles 6 06/01/2012 10 0.24 10,000


Marleau, Charles 6 24/01/2012 10 0.2 2,000


Marleau, Charles 6 24/01/2012 10 0.2 2,000


Marleau, Charles 6 26/01/2012 10 0.2 250

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3549



Acquired/ Disposed


Marleau, Charles 6 26/01/2012 10 0.2 250






Marleau, Charles 6 24/02/2012 10 0.23 12,500


Marleau, Charles 6 24/02/2012 10 0.23 12,500


















Marleau, Charles 6 13/12/2011 10 0.2 7,000


Marleau, Charles 6 13/12/2011 10 0.2 7,000


Marleau, Charles 6 15/12/2011 10 0.2 500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3550



Acquired/ Disposed


Marleau, Charles 6 15/12/2011 10 0.2 500














Marleau, Charles 6 17/02/2012 10 0.25 15,625


Marleau, Charles 6 17/02/2012 10 0.25 15,625










Marleau, Charles 6 14/03/2013 16 0.4 20,000


Marleau, Charles 6 14/03/2013 16 0.4 20,000



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3551



Acquired/ Disposed




Marleau, Charles 6 29/05/2012 10 0.26 168,000


Marleau, Charles 6 29/05/2012 10 0.26 168,000

IOU Financial Inc. Warrants Marleau, Charles 6 08/11/2011 00

IOU Financial Inc. Warrants Marleau, Charles 6 08/11/2011 00

IOU Financial Inc. Warrants Marleau, Charles 6 14/03/2013 16 0.6 15,000

IOU Financial Inc. Warrants Marleau, Charles 6 14/03/2013 16 0.6 15,000

Jericho Oil Corporation (fka Dakar Resource Corp.)

Common Shares Williamson, Brian 7 01/04/2017 46 125,000 25,000

Just Energy Group Inc. Rights Directors Compensation Plan

Brussa, John Albert 4 07/04/2017 56 36,165 1,744

Kelt Exploration Ltd. Rights Restricted Share Units

Errico, Douglas Jeffery 5 04/04/2017 56 19,156 7,000


Franks, Alan G. 5 04/04/2017 56 19,156 7,000


Gigg, Bruce Douglas 5 04/04/2017 56 45,000 5,000


Hohm, Ashley Dawn 5 04/04/2017 56 6,594 5,000


Lalani, Sadiq 5 04/04/2017 56 23,141 7,000


MacArthur, Douglas Owen 5 04/04/2017 56 19,156 7,000


Miles, Patrick William George

5 04/04/2017 56 19,156 7,000


Wilson, David John 3, 4, 5 04/04/2017 56 129,287 44,000

Kennady Diamonds Inc. Common Shares Desmond, Dermot Fachtna 3 31/03/2017 10 6,823,583 330,900

Kennady Diamonds Inc. Common Shares Desmond, Dermot Fachtna 3 03/04/2017 10 6,849,483 25,900

Kinaxis Inc. Options Johnson, Jeffrey George 5 31/01/2017 52 9.75 65,000 -15,000

Kinaxis Inc. Options Johnson, Jeffrey George 5 31/01/2017 52 45.31 27,500 -37,500

Kinaxis Inc. Rights Restricted Share Units

Johnson, Jeffrey George 5 31/01/2017 58 - Expiration of rights

0 -13,334

Kinaxis Inc. Options SHEPHERDSON, EDWIN WESLEY

5 24/01/2017 52 25.49 50,000 -37,500

Kinaxis Inc. Options SHEPHERDSON, EDWIN WESLEY

5 24/01/2017 52 45.31 12,500 -37,500

Kinaxis Inc. Rights Restricted Share Units

SHEPHERDSON, EDWIN WESLEY

5 24/01/2017 58 - Expiration of rights

0 -2,863

Kingsway Financial Services Inc.

Common Shares Baqar, Hassan Raza 5 31/03/2017 10 5.916 34,768 120


Common Shares Fitzgerald, John Taylor Maloney Fitzgerald

4, 5 31/03/2017 10 5.916 356,510 106


Common Shares Hickey, William A. 5 31/03/2017 10 5.916 69,568 254


Common Shares Stilwell, Joseph David 4 31/03/2017 10 5.8361 295,924 1,096


Common Shares Stilwell, Joseph David 4 31/03/2017 10 5.8361 2,423,256 9,304

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3552



Acquired/ Disposed


Common Shares Swets, Jr., Larry Gene 3, 4, 5 31/03/2017 10 5.916 697,715 352

Kinross Gold Corporation Rights Deferred Share Units

Atkinson, Ian 4 31/03/2017 46 4.69 28,229 6,397


Brough, John A. 4 31/03/2017 46 4.69 230,027 15,725


Huxley, John M.H. 4 31/03/2017 46 4.69 209,428 7,329


Lethbridge, Ave Gabriella 4 31/03/2017 46 4.69 94,658 13,060

Kinross Gold Corporation Common Shares Longenecker, Nathan M. 5 03/04/2017 00 10,000


McLeod-Seltzer, Catherine 4 31/03/2017 46 4.69 174,016 6,796


Oliver, John Edwin 4, 5 31/03/2017 46 4.69 354,350 11,860


Osborne, Kelly 4 31/03/2017 46 4.69 68,638 12,793


Power, Una Marie 4 31/03/2017 46 4.69 242,590 6,530

Kirkland Lake Gold Ltd. Common Shares King, Ryan 5 03/04/2017 51 3.16 64,583 21,250

Kirkland Lake Gold Ltd. Common Shares King, Ryan 5 03/04/2017 10 10 43,333 -21,250

Kirkland Lake Gold Ltd. Common Shares King, Ryan 5 05/04/2017 51 2.11 52,833 9,500

Kirkland Lake Gold Ltd. Common Shares King, Ryan 5 05/04/2017 10 10 43,333 -9,500

Kirkland Lake Gold Ltd. Options King, Ryan 5 03/04/2017 51 3.16 173,750 -21,250

Kirkland Lake Gold Ltd. Options King, Ryan 5 05/04/2017 51 2.11 164,250 -9,500

Kirkland Lake Gold Ltd. Common Shares Sprott, Eric S. 4 03/04/2017 10 9.9802 1,023,631 276,600



Kirkland Lake Gold Ltd. Common Shares Threlkeld, Raymond Wesley 4 04/04/2017 51 3.1579 326,000 300,000

Kirkland Lake Gold Ltd. Common Shares Threlkeld, Raymond Wesley 4 04/04/2017 10 10.038 26,000 -300,000

Kirkland Lake Gold Ltd. Options Threlkeld, Raymond Wesley 4 04/04/2017 51 3.1579 441,000 -300,000

kneat.com, inc. Warrants Dawe, Wade K. 5 01/04/2017 55 0.9 0 -238,095

Knight Therapeutics Inc. Common Shares Jakobsohn, Meir 4 03/04/2017 10 10.45 2,464,357 -3,200

Knight Therapeutics Inc. Common Shares Jakobsohn, Meir 4 03/04/2017 10 10.41 2,459,357 -5,000

Kootenay Silver Inc. Options McDonald, James 4 05/04/2017 52 2,290,000 -175,000

Kootenay Silver Inc. Options McDonald, James 4 05/04/2017 52 2,040,000 -250,000

Kootenay Silver Inc. Options McDonald, James 4 05/04/2017 50 0.35 2,340,000 300,000

KWG Resources Inc. Common Shares Flett, Douglas Melville 4 30/03/2017 11 0 -3,025,000

KWG Resources Inc. Common Shares Flett, Douglas Melville 4 30/03/2017 11 0 -2,300,000

KWG Resources Inc. Subordinate Voting Shares

Flett, Douglas Melville 4 26/01/2006 00 3,025,000


Flett, Douglas Melville 4 26/01/2006 00 2,300,000

KWG Resources Inc. Warrants Flett, Douglas Melville 4 30/03/2017 16 0.05 3,925,000 2,200,000

KWG Resources Inc. Common Shares MASTERS, THOMAS EDWARD

5 30/03/2017 11 0 -420,000


5 30/03/2017 11 0.021 6,053,571 3,228,571


5 30/03/2017 11 0 -6,053,571


MASTERS, THOMAS EDWARD

5 01/09/2009 00 420,000


MASTERS, THOMAS EDWARD

5 01/09/2009 00 6,053,571

KWG Resources Inc. Warrants MASTERS, THOMAS EDWARD

5 30/03/2017 11 0.05 6,053,571 3,228,571

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3553



Acquired/ Disposed


Pladsen, Thomas John 4 14/02/2012 00


Pladsen, Thomas John 4 30/03/2017 16 0.021 1,162,429 1,162,429

KWG Resources Inc. Warrants Pladsen, Thomas John 4 30/03/2017 16 0.05 2,262,429 1,162,429

KWG Resources Inc. Common Shares Sheldon, Donald A. 4 03/04/2017 11 0 -525,000

KWG Resources Inc. Common Shares Sheldon, Donald A. 4 03/04/2017 11 0 -162,500


Sheldon, Donald A. 4 30/03/2017 16 0.021 3,242,857 904,762


Sheldon, Donald A. 4 03/04/2017 16 0.021 904,762


Sheldon, Donald A. 4 08/04/2014 00 525,000


Sheldon, Donald A. 4 08/04/2014 00 162,500

KWG Resources Inc. Warrants Sheldon, Donald A. 4 30/03/2017 16 0.05 3,242,857 904,762

KWG Resources Inc. Common Shares Smeenk, Frank Cornelius 4, 5 30/03/2017 11 0 -19,799,650

KWG Resources Inc. Common Shares Smeenk, Frank Cornelius 4, 5 03/04/2017 11 0 -1,260,000


Smeenk, Frank Cornelius 4, 5 08/06/2003 00 19,799,650


Smeenk, Frank Cornelius 4, 5 30/03/2017 16 0.021 33,923,446 14,123,796


Smeenk, Frank Cornelius 4, 5 30/03/2017 11 0.02 29,923,446 -4,000,000


Smeenk, Frank Cornelius 4, 5 08/06/2003 00 1,260,000

KWG Resources Inc. Warrants Smeenk, Frank Cornelius 4, 5 30/03/2017 16 0.05 24,082,446 14,123,796

Laramide Resources Ltd. Options Booth, John Geoffrey 4 30/03/2017 50 525,000 175,000

Laramide Resources Ltd. Options Ferron, Greg 5 30/03/2017 50 650,000 225,000

Laramide Resources Ltd. Options Gibson, Dennis George 5 30/03/2017 50 250,000

Laramide Resources Ltd. Options Gibson, Dennis George 5 30/03/2017 50 750,000 250,000

Laramide Resources Ltd. Options Henderson, Marc Charles 4, 5 30/03/2017 50 1,400,000 500,000

Laramide Resources Ltd. Options Jones, Bryn Llywelyn 5 30/03/2017 50 400,000

Laramide Resources Ltd. Options Jones, Bryn Llywelyn 5 30/03/2017 50 1,000,000 400,000

Laramide Resources Ltd. Options Wilkens, Paul 4 30/03/2017 50 100,000

Laramide Resources Ltd. Options Wilkens, Paul 4 30/03/2017 50 450,000 100,000

LEAGOLD MINING CORPORATION

Deferred Share Units Campbell, Gordon 4 30/01/2017 00


Deferred Share Units Campbell, Gordon 4 03/04/2017 56 0.4591 5,445 5,445


Deferred Share Units Clark, Wesley Kanne 4 08/03/2017 37 5,328 -21,145


Deferred Share Units Clark, Wesley Kanne 4 03/04/2017 56 0.4591 10,773 5,445


Deferred Share Units D'Silva, Bernadette Marie 5 08/03/2017 37 5,328 -21,145


Deferred Share Units D'Silva, Bernadette Marie 5 03/04/2017 56 0.4591 7,143 1,815


Deferred Share Units Giustra, Frank 3, 4 08/03/2017 37 5,328 -21,145


Deferred Share Units Giustra, Frank 3, 4 03/04/2017 56 0.4591 10,773 5,445


Deferred Share Units Rodriguez, Miguel 4 08/03/2017 37 5,328 -21,145


Deferred Share Units Rodriguez, Miguel 4 03/04/2017 56 0.4591 10,773 5,445

Leon's Furniture Limited Common Shares Leon, Graeme 5 31/03/2017 10 16.85 15,441 -100

LiCo Energy Metals Inc. Common Shares LOEWEN, RON 3 03/04/2017 97 0.155 9,735,536 720,000

Life & Banc Split Corp. Class A Shares Caranci, Mark A. 4, 5 17/10/2006 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3554



Acquired/ Disposed

Life & Banc Split Corp. Class A Shares Caranci, Mark A. 4, 5 31/03/2017 10 9.98 100 100

Limited Duration Investment Grade Preferred Securities Fund

Units Class A Limited Duration Investment Grade Preferred Securities Fund

1 01/03/2017 38 22.26 2,400 800



1 02/03/2017 38 22.1 3,200 800



1 03/03/2017 38 22.2 3,600 400



1 06/03/2017 38 22.3 4,400 800



1 09/03/2017 38 22.26 5,200 800



1 10/03/2017 38 22.22 6,000 800



1 13/03/2017 38 22.25 6,800 800



1 14/03/2017 38 12.25 7,600 800



1 15/03/2017 38 22.24 8,400 800



1 16/03/2017 38 22.3 9,200 800



1 17/03/2017 38 21.3 10,000 800

Limited Duration Investment

Grade Preferred Securities Fund

Units Class A Limited Duration Investment

Grade Preferred Securities Fund

1 20/03/2017 38 22.3 10,800 800



1 21/03/2017 38 22.13 11,600 800



1 24/03/2017 38 22.16 12,400 800



1 28/03/2017 38 22.31 13,200 800



1 29/03/2017 38 22.3 14,000 800



1 31/03/2017 38 800 -13,200

LIONS GATE ENTERTAINMENT CORP.

Common Shares Class A Voting

Crawford, Gordon 4 01/04/2017 46 26.64 627



Crawford, Gordon 4 01/04/2017 46 26.64 627



Crawford, Gordon 4 01/04/2017 46 26.64 170,042 627


Non-Voting Shares Class B

Crawford, Gordon 4 01/04/2017 46 24.55 680

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3555



Acquired/ Disposed



Crawford, Gordon 4 01/04/2017 46 24.55 680



Crawford, Gordon 4 01/04/2017 46 24.55 205,095 680



Evrensel, Arthur 4 01/04/2017 46 26.64 22,760 308



Evrensel, Arthur 4 01/04/2017 16 26.64 22,738 -22



Evrensel, Arthur 4 01/04/2017 46 24.55 22,786 334



Evrensel, Arthur 4 01/04/2017 16 24.55 22,762 -24



Fine, Emily 4 08/12/2016 36 1,064



Fine, Emily 4 08/12/2016 36 1,063 1,063



Fine, Emily 4 01/04/2017 46 26.64 1,664 601



Fine, Emily 4 08/12/2016 36 1,064



Fine, Emily 4 08/12/2016 36 1,063 1,063



Fine, Emily 4 01/04/2017 46 24.55 1,715 652



Paterson, G. Scott 4 01/04/2017 46 26.64 120,872 663



Paterson, G. Scott 4 01/04/2017 16 26.64 120,706 -166



Paterson, G. Scott 4 01/04/2017 46 24.55 120,928 719



Paterson, G. Scott 4 01/04/2017 16 24.55 120,748 -180



Rachesky, Dr. Mark H. 3, 4, 6 08/12/2016 36 93,309



Rachesky, Dr. Mark H. 3, 4, 6 08/12/2016 36 93,308 93,308










Insider Reporting

April 13, 2017

(2017), 40 OSCB 3556



Acquired/ Disposed






Rachesky, Dr. Mark H. 3, 4, 6 08/12/2016 36 1,746,222



Rachesky, Dr. Mark H. 3, 4, 6 08/12/2016 36 1,746,221 1,746,221









Rachesky, Dr. Mark H. 3, 4, 6 01/04/2017 46 26.64 32,792 1,655

































Rachesky, Dr. Mark H. 3, 4, 6 01/04/2017 46 24.55 32,933 1,796



Simm, Daryl 4 01/04/2017 46 26.44 37,125 308



Simm, Daryl 4 01/04/2017 46 24.55 37,151 334



SIMMONS, HARDWICK 4 01/04/2017 46 26.64 45,355 373



SIMMONS, HARDWICK 4 01/04/2017 46 24.55 45,387 405

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3557



Acquired/ Disposed

Lite Access Technologies Inc. (formerly 1017341 B.C. Ltd.)

Options Griffiths, Dylan 4 31/03/2017 50 480,000 80,000


Options MacEachern, Scott Andrew 5 31/03/2017 50 3.72 230,000 80,000


Options Plotnikoff, Michael 4, 5 31/03/2017 50 3.72 480,000 80,000


Options priest, michael 4, 5 31/03/2017 50 3.72 480,000 80,000

Lithium Americas Corp. Options Adshead-Bell, Nicole 4 04/04/2017 50 0.98 300,000 100,000

Lithium Americas Corp. Rights Adshead-Bell, Nicole 4 30/03/2016 00

Lithium Americas Corp. Rights Adshead-Bell, Nicole 4 03/04/2017 56 0.93 57,200 57,200

Lithium Americas Corp. Options Boggio, Lenard 4 04/04/2017 50 0.98 300,000 100,000

Lithium Americas Corp. Rights Boggio, Lenard 4 30/03/2016 00

Lithium Americas Corp. Rights Boggio, Lenard 4 03/04/2017 56 0.93 64,350 64,350

Lithium Americas Corp. Options Deak, David 5 04/04/2017 50 0.98 750,000 100,000

Lithium Americas Corp. Rights Deak, David 5 01/05/2016 00

Lithium Americas Corp. Rights Deak, David 5 04/04/2017 56 0.98 150,000 150,000

Lithium Americas Corp. Options Hansen, Tracy 5 04/04/2017 50 0.98 950,000 100,000

Lithium Americas Corp. Rights Hansen, Tracy 5 08/01/2010 00

Lithium Americas Corp. Rights Hansen, Tracy 5 04/04/2017 56 0.98 110,000 110,000

Lithium Americas Corp. Options Hodgson, William Thomas 4 04/04/2017 50 0.98 3,376,625 800,000

Lithium Americas Corp. Rights Hodgson, William Thomas 4 04/09/2015 00

Lithium Americas Corp. Rights Hodgson, William Thomas 4 04/04/2017 56 0.98 272,409 272,409

Lithium Americas Corp. Options Ireland, George R. 4, 6 30/03/2016 56 0.47 19,947

Lithium Americas Corp. Options Ireland, George R. 4, 6 04/04/2017 50 0.98 900,000 300,000

Lithium Americas Corp. Rights Ireland, George R. 4, 6 13/11/2015 00

Lithium Americas Corp. Rights Ireland, George R. 4, 6 30/03/2016 56 0.47 19,947 19,947

Lithium Americas Corp. Rights Ireland, George R. 4, 6 03/04/2017 56 0.93 112,897 92,950

Lithium Americas Corp. Options Kanellitsas, John 4 04/04/2017 50 0.98 3,768,898 800,000

Lithium Americas Corp. Rights Kanellitsas, John 4 04/09/2015 00

Lithium Americas Corp. Rights Kanellitsas, John 4 04/04/2017 56 0.98 272,409 272,409

Lithium Americas Corp. Options Macken, John 4 30/03/2016 56 0.47 26,596

Lithium Americas Corp. Options Macken, John 4 04/04/2017 50 0.98 500,000 100,000

Lithium Americas Corp. Rights Macken, John 4 16/07/2008 00

Lithium Americas Corp. Rights Macken, John 4 30/03/2016 56 0.47 26,596 26,596

Lithium Americas Corp. Rights Macken, John 4 03/04/2017 56 0.93 51,621 25,025

Lithium Americas Corp. Options Manternach, Myron 5 04/04/2017 50 0.98 550,000 50,000

Lithium Americas Corp. Rights Restricted Stock Unit

Manternach, Myron 5 04/04/2017 56 0.98 210,000 60,000

Lithium Americas Corp. Options Mignacco, Franco 4, 7 04/04/2017 50 0.98 2,984,425 250,000

Lithium Americas Corp. Rights Mignacco, Franco 4, 7 04/09/2015 00

Lithium Americas Corp. Rights Mignacco, Franco 4, 7 04/04/2017 56 0.98 185,000 185,000

Lithium Americas Corp. Rights Rubacha, Gabriel 4 30/03/2016 00

Lithium Americas Corp. Rights Rubacha, Gabriel 4 03/04/2017 56 0.93 57,200 57,200

Loblaw Companies Limited Common Shares George Weston Limited 3 31/03/2017 11 10,515,247 9,600,000

Loblaw Companies Limited Common Shares George Weston Limited 3 31/03/2017 11 0 -9,600,000

Loblaw Companies Limited Common Shares Lacey, John Stewart 4 05/04/2017 47 71.19 0 -16,145

Loblaw Companies Limited Common Shares Lacey, John Stewart 4 01/05/2007 00

Loblaw Companies Limited Common Shares Lacey, John Stewart 4 05/04/2017 47 71.19 16,145 16,145

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3558



Acquired/ Disposed

Loblaw Companies Limited Common Shares Loblaw Companies Limited 1 06/03/2017 38 69.938 222,600 152,000






Loblaw Companies Limited Common Shares Loblaw Companies Limited 1 14/03/2017 38 71.013 1,054,100 142,100


Loblaw Companies Limited Common Shares Loblaw Companies Limited 1 15/03/2017 38 545,500 -760,000








Loblaw Companies Limited Common Shares Loblaw Companies Limited 1 24/03/2017 38 406,593 -1,466,300

Loblaw Companies Limited Common Shares Loblaw Companies Limited 1 31/03/2017 38 0 -406,593

Logistec Corporation Subordinate Voting Shares Class B

LOGISTEC CORPORATION

1 08/03/2017 38 33.95 500 500



1 09/03/2017 38 33.61 900 400



1 15/03/2017 38 33.8 1,400 500



1 17/03/2017 38 32.88 1,900 500



1 30/03/2017 38 35.74 2,400 500



1 31/03/2017 38 35.8 3,000 600



1 31/03/2017 38 1,100 -1,900



1 05/04/2017 38 0 -1,100

Lucara Diamond Corp. Rights Share Units Armstrong, John Patrick 5 31/03/2017 56 210,729 1,690

Lucara Diamond Corp. Rights Share Units Kondo, Glenn 5 31/03/2017 56 346,200 2,777

Lucara Diamond Corp. Rights Share Units Lamb, William 4, 5 31/03/2017 56 639,417 5,130

Luna Gold Corp. Options ALVES, FELIPE 4 31/10/2016 22 0.5 75,000 -675,000

Luna Gold Corp. Options ALVES, FELIPE 4 31/03/2017 22 0 -75,000

Luna Gold Corp. Common Shares Awram, David 6 31/03/2017 22 0 -40,000

Luna Gold Corp. Common Shares De Witt, David E. 6 31/03/2017 22 0 -60

Luna Gold Corp. Common Shares Pacific Road Resources Fund II L.P.

3 31/03/2017 16 0 -158,805,887

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3559



Acquired/ Disposed

Luna Gold Corp. Warrants Pacific Road Resources Fund II L.P.

3 31/03/2017 16 0 -216,203,484

Luna Gold Corp. Options Pease, Robert 4 31/10/2016 37 0.5 75,000 -675,000

Luna Gold Corp. Options Pease, Robert 4 31/03/2017 22 0 -75,000

Luna Gold Corp. Common Shares SANDSTORM GOLD LTD. 3 31/03/2017 22 0 -7,421,861

Luna Gold Corp. Warrants SANDSTORM GOLD LTD. 3 31/03/2017 22 0 -3,222,690

Luna Gold Corp. Options Schwalb, Federico 4 31/10/2016 37 83,500 -751,500

Luna Gold Corp. Options Schwalb, Federico 4 31/03/2017 22 0 -83,500

Luna Gold Corp. Options Smith, Gregory 4 04/11/2016 37 75,000 -675,000

Luna Gold Corp. Common Shares Swarthout, Andrew 6 31/03/2017 22 0 -10,000

Luna Gold Corp. Options Wilton, Daniel William 4 31/10/2016 37 0.5 75,000 -675,000

Luna Gold Corp. Options Wilton, Daniel William 4 31/10/2016 22 0 -75,000

Lundin Gold Inc. Common Shares Zebra Holdings and Investments S.Ó.r.l.

3 03/04/2017 11 30,758,863 23,471

Macarthur Minerals Limited Common Shares Fairbourn, Adrian 6 09/05/2016 00 22,500,000

Macarthur Minerals Limited Common Shares Fairbourn, Adrian 6 05/04/2017 99 0 -22,500,000

Macarthur Minerals Limited Warrants Fairbourn, Adrian 6 09/05/2016 00 7,500,000

Macarthur Minerals Limited Warrants Fairbourn, Adrian 6 05/04/2017 99 0 -7,500,000

Macarthur Minerals Limited Common Shares Morzaria, Kiran Caldas 6 09/05/2016 00 22,500,000

Macarthur Minerals Limited Common Shares Morzaria, Kiran Caldas 6 05/04/2017 99 0 -22,500,000

Macarthur Minerals Limited Warrants Morzaria, Kiran Caldas 6 09/05/2016 00 7,500,000

Macarthur Minerals Limited Warrants Morzaria, Kiran Caldas 6 05/04/2017 99 0 -7,500,000

Macarthur Minerals Limited Common Shares Strang, Donald Ian George Layman

6 09/05/2016 00 22,500,000

Macarthur Minerals Limited Common Shares Strang, Donald Ian George Layman

6 05/04/2017 99 0 -22,500,000

Macarthur Minerals Limited Warrants Strang, Donald Ian George Layman

6 09/05/2016 00 7,500,000

Macarthur Minerals Limited Warrants Strang, Donald Ian George Layman

6 05/04/2017 99 0 -7,500,000

Macarthur Minerals Limited Common Shares Suckling, Andrew Paul 6 09/05/2016 00 22,500,000

Macarthur Minerals Limited Common Shares Suckling, Andrew Paul 6 05/04/2017 99 0 -22,500,000

Macarthur Minerals Limited Warrants Suckling, Andrew Paul 6 09/05/2016 00 7,500,000

Macarthur Minerals Limited Warrants Suckling, Andrew Paul 6 05/04/2017 99 0 -7,500,000

MacDonald Mines Exploration Ltd.

Common Shares Class A Yarie, Quentin 4, 5 30/03/2017 10 0.19 146,960 12,500

MacDonald Mines Exploration Ltd.

Common Shares Class A Yarie, Quentin 4, 5 30/03/2017 10 0.195 152,460 5,500

MacDonald, Dettwiler and Associates Ltd.

(DSUs, DRSUs, SARs) Chookaszian, Dennis 4 31/03/2017 46 16,332 585


(DSUs, DRSUs, SARs) Garver, Lori 4 31/03/2017 46 2,066 510


(DSUs, DRSUs, SARs) Kehler, Robert 4 31/03/2017 46 954 505


(DSUs, DRSUs, SARs) Kenning, Brian Graham 4 31/03/2017 46 10,780 556

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3560



Acquired/ Disposed


(DSUs, DRSUs, SARs) O'Rourke Isham, Joanne 4 31/03/2017 46 954 505


(DSUs, DRSUs, SARs) Phillips, Robert L. 4 31/03/2017 46 26,168 811


(DSUs, DRSUs, SARs) Zahler, Eric 4 31/03/2017 46 5,230 927

MAG Silver Corp. DSU Clark, Richard Peter 4 31/03/2017 97 17.87 52,465 916

MAG Silver Corp. DSU Leversage, Jill Diane 4 31/03/2017 97 17.87 61,132 951

MAG Silver Corp. DSU Rubenstein, Jonathan A. 4 31/03/2017 97 17.87 58,108 1,049

Magna International Inc. Units Deferred Share Units

Bonham, Scott Barclay 4 24/03/2017 56 42.51 42,839 275


Bonham, Scott Barclay 4 31/03/2017 56 43.65 43,984 1,145


Bonham, Scott Barclay 4 01/04/2017 56 43.16 45,143 1,159


Bowie, Peter Guy 4 24/03/2017 56 42.51 33,017 212


Bowie, Peter Guy 4 31/03/2017 56 43.65 33,521 504


Bowie, Peter Guy 4 01/04/2017 56 43.16 34,535 1,014


Eyton, J. Trevor 4 24/03/2017 56 42.51 31,715 203


Eyton, J. Trevor 4 01/04/2017 56 43.16 31,945 230


Judge, Barbara Thomas 4 24/03/2017 56 42.51 113,581 730


Judge, Barbara Thomas 4 31/03/2017 56 43.65 114,544 963


Judge, Barbara Thomas 4 01/04/2017 56 43.16 115,847 1,303


Lauk, Kurt 4 24/03/2017 56 42.51 26,097 167


Lauk, Kurt 4 01/04/2017 56 43.16 26,619 522


Niekamp, Cynthia 4 24/03/2017 56 42.51 5,815 37


Niekamp, Cynthia 4 01/04/2017 56 43.16 6,337 522


Samarasekera, Indira Vasanti

4 24/03/2017 56 42.51 16,130 104



4 31/03/2017 56 43.65 17,183 1,053



4 01/04/2017 56 43.16 18,197 1,014


Worrall, Lawrence 4 24/03/2017 56 42.51 50,863 327


Worrall, Lawrence 4 01/04/2017 56 43.16 51,385 522


Young, William 4 24/03/2017 56 42.51 77,287 497


Young, William 4 01/04/2017 56 43.16 80,183 2,896

Mainstreet Equity Corp. Common Shares Amantea, Joe 4 31/03/2017 51 5.51 30,383 6,200

Mainstreet Equity Corp. Common Shares Amantea, Joe 4 05/04/2017 10 36 24,183 -6,200

Mainstreet Equity Corp. Options Amantea, Joe 4 31/03/2017 51 5.51 0 -6,200

Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 13/03/2017 38 35.007 4,061,202 500

Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 13/03/2017 38 35.007 -400

Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 13/03/2017 38 35.007 4,060,702 -500


Insider Reporting

April 13, 2017

(2017), 40 OSCB 3561



Acquired/ Disposed




Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 16/03/2017 38 34 4,061,202 500

Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 16/03/2017 38 34 4,060,702 -500

Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 29/03/2017 38 36 4,061,102 400

Mainstreet Equity Corp. Common Shares Mainstreet Equity Corp 1 29/03/2017 38 36 4,060,702 -400

Mainstreet Health Investments Inc. (formerly, Kingsway Arms Retirement Residences Inc.)


amadori, dan peter 4 31/03/2017 56 5,313 1,838



Dickson, Robert Earl 4 31/03/2017 56 11,534 3,978



Hawkins, Shaun 4 31/03/2017 56 13,561 4,784



Turner, Thomas Richard 4 31/03/2017 30 3,897 1,332



Vyse, Katherine 4 31/03/2017 56 5,874 1,788

Majescor Resources Inc. Common Shares Audet, AndrÚ 4, 5 03/04/2017 10 0.095 2,909,000 70,000



Mandalay Resources Corporation

Restricted Share Unit Doyle, Robert Emmet 4 30/03/2017 56 171,968 100,000


Options Duffy, Dominic Francis 5 27/03/2017 50 0.6 1,759,200 400,000


Restricted Share Unit Freedman, Amy Leanne 4 30/03/2017 56 168,269 100,000


Restricted Share Unit Jones, Peter Rhys 4 30/03/2017 56 171,968 100,000


Restricted Share Unit Jonker, Abraham 4 30/03/2017 56 171,968 100,000


Options Labatte, Belinda Elaine 5 27/03/2017 50 0.6 788,000 250,000


Options Sander, Mark VanDyke 5 27/03/2017 50 4,100,000 1,250,000


Options Swarup, Sanjay 4 27/03/2017 50 1,450,000 250,000

Maple Leaf Foods Inc. Common Shares Maple Leaf Foods Inc. 1 03/04/2017 38 31.714 69,000 69,000

Maple Leaf Foods Inc. Common Shares Maple Leaf Foods Inc. 1 03/04/2017 38 0 -69,000



Maple Leaf Foods Inc. Common Shares Maple Leaf Foods Inc. 1 05/04/2017 38 32 10,800 10,800






Marathon Gold Corporation Common Shares Bache, Douglas 4 06/04/2017 54 0.34 230,000 30,000

Marathon Gold Corporation Warrants Bache, Douglas 4 06/04/2017 54 25,000 -30,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3562



Acquired/ Disposed

Marathon Gold Corporation Common Shares Kirke, James David 5 06/04/2017 54 0.34 440,838 10,000

Marathon Gold Corporation Warrants Kirke, James David 5 06/04/2017 54 0.34 0 -10,000

Marathon Gold Corporation Common Shares Walford, Phillip Charles 4, 5 03/04/2017 54 0.34 2,800,912 80,000

Marathon Gold Corporation Common Shares Walford, Phillip Charles 4, 5 03/04/2017 54 0.32 2,866,412 65,500

Marathon Gold Corporation Warrants Walford, Phillip Charles 4, 5 12/12/2014 55 -55,000

Marathon Gold Corporation Warrants Walford, Phillip Charles 4, 5 12/12/2014 55 -55,000

Marathon Gold Corporation Warrants Walford, Phillip Charles 4, 5 03/04/2017 54 0.34 65,500 -80,000

Marathon Gold Corporation Warrants Walford, Phillip Charles 4, 5 03/04/2017 54 0.32 0 -65,500

Margaux Resources Ltd. Common Shares Foster, John Douglas (Doug)

4 01/09/2015 00

Margaux Resources Ltd. Options Foster, John Douglas (Doug)

4 27/03/2017 53 0.4 383,333 33,333

Martinrea International Inc. Common Shares D'Eramo, Frank Patrick 4 30/03/2017 10 7.5814 107,976 11,900

Martinrea International Inc. Common Shares Rashid, David 5 31/03/2017 10 10.32 39,600 9,000

Mason Graphite Inc. Common Shares Marcotte, Simon 5 03/04/2017 10 1.336 1,321,400 500



MBN Corporation Units MBN Corporation 1 31/03/2017 38 5.98 300 300

MBN Corporation Units MBN Corporation 1 31/03/2017 38 0 -300

MBN Corporation Units MBN Corporation 1 03/04/2017 38 5.98 400 400

MBN Corporation Units MBN Corporation 1 03/04/2017 38 0 -400

MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 05/04/2017 30 14.661 6,408 128

MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 03/04/2017 30 14.661 2,770 55

MCAN Mortgage Corporation Common Shares Cruise, Brydon 4 30/03/2017 30 14.661 331,158 6,640

MCAN Mortgage Corporation Common Shares Cruise, Brydon 4 30/03/2017 30 14.661 22,656 454

MCAN Mortgage Corporation Common Shares Cruise, Brydon 4 30/03/2017 30 14.661 153,069 3,069

MCAN Mortgage Corporation Common Shares Cruise, Brydon 4 30/03/2017 30 14.661 5,602 112

MCAN Mortgage Corporation Common Shares Cuthbert, Verna 4 30/03/2017 30 14.661 5,799 116

MCAN Mortgage Corporation Common Shares Ioussoufovitch, Gleb 7 03/04/2017 10 14.95 517 10

MCAN Mortgage Corporation Common Shares Ioussoufovitch, Gleb 7 04/07/2013 00

MCAN Mortgage Corporation Common Shares Ioussoufovitch, Gleb 7 06/04/2017 10 14.99 400 400

MCAN Mortgage Corporation Performance Share Units Zaidener, Leonard 5 09/08/2016 00

MCAN Mortgage Corporation Performance Share Units Zaidener, Leonard 5 02/03/2017 56 14.942 4,804 4,804

MCAN Mortgage Corporation Performance Share Units Zaidener, Leonard 5 02/03/2017 56 14.942 5,750 946

McCoy Global Inc. Common Shares Langier, Suzanne Therese 5 27/03/2017 10 1.66 9,646 4,500

Mediagrif Interactive Technologies Inc.

Common Shares Anglaret, StÚphane 5 31/03/2017 30 21,642 191


Common Shares Bourque, Paul 5 31/03/2017 30 24,068 84

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3563



Acquired/ Disposed


Common Shares Delaney, Eric 5 31/03/2017 30 1,981 96


Common Shares Hallak, HÚlÞne 5 31/03/2017 30 70,143 112


Common Shares Moquin, Suzanne 5 31/03/2017 30 1,392 96


Common Shares Rousseau, Camil 5 31/03/2017 30 13,585 81


Common Shares Roy, Claude 3, 4, 5 31/03/2017 30 43,927 307


Common Shares Stam, Jean-Michel 5 31/03/2017 30 15,415 266


Common Shares Technologies Interactives Mediagrif Inc.

1 01/03/2017 38 16.49 16,300 16,300



1 01/03/2017 38 16.49 0 -16,300



1 02/03/2017 38 16.3 1,400 1,400



1 02/03/2017 38 16.3 0 -1,400



1 02/03/2017 38 16.27 100 100



1 02/03/2017 38 16.27 0 -100



1 03/03/2017 38 16.11 400 400



1 03/03/2017 38 16.11 0 -400



1 03/03/2017 38 16.28 300 300



1 03/03/2017 38 16.28 0 -300



1 03/03/2017 38 16.29 100 100



1 03/03/2017 38 16.29 0 -100



1 03/03/2017 38 16.3 800 800



1 03/03/2017 38 16.3 0 -800



1 06/03/2017 38 16.5 700 700



1 06/03/2017 38 16.5 0 -700



1 06/03/2017 38 16.49 400 400



1 06/03/2017 38 16.49 0 -400



1 06/03/2017 38 16.46 100 100



1 06/03/2017 38 16.46 0 -100



1 06/03/2017 38 16.42 200 200



1 06/03/2017 38 16.42 0 -200



1 07/03/2017 38 16.51 300 300



1 07/03/2017 38 16.51 0 -300



1 08/03/2017 38 16.5 300 300

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3564



Acquired/ Disposed



1 08/03/2017 38 16.5 0 -300



1 09/03/2017 38 16.64 300 300



1 09/03/2017 38 16.64 0 -300



1 14/03/2017 38 16.5 50,000 50,000



1 14/03/2017 38 16.5 0 -50,000



1 16/03/2017 38 16.41 300 300



1 16/03/2017 38 16.41 0 -300



1 16/03/2017 38 16.48 300 300



1 16/03/2017 38 16.48 0 -300



1 16/03/2017 38 16.49 300 300



1 16/03/2017 38 16.49 0 -300



1 16/03/2017 38 16.5 200 200



1 16/03/2017 38 16.5 0 -200



1 17/03/2017 38 16.42 300 300



1 17/03/2017 38 16.42 0 -300



1 17/03/2017 38 16.38 500 500



1 17/03/2017 38 16.38 0 -500



1 20/03/2017 38 16.25 100 100



1 20/03/2017 38 16.25 0 -100



1 20/03/2017 38 16.33 300 300



1 20/03/2017 38 16.33 0 -300



1 20/03/2017 38 16.38 1,100 1,100



1 20/03/2017 38 16.38 0 -1,100



1 21/03/2017 38 16 200 200



1 21/03/2017 38 16 0 -200



1 21/03/2017 38 16.11 300 300



1 21/03/2017 38 16.11 0 -300



1 21/03/2017 38 16.12 300 300



1 21/03/2017 38 16.12 0 -300



1 21/03/2017 38 16.2 600 600



1 21/03/2017 38 16.2 0 -600

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3565



Acquired/ Disposed



1 22/03/2017 38 16 1,000 1,000



1 22/03/2017 38 16 0 -1,000



1 22/03/2017 38 15.9 9,900 9,900



1 22/03/2017 38 15.9 0 -9,900



1 23/03/2017 38 15.71 400 400



1 23/03/2017 38 15.71 0 -400



1 23/03/2017 38 16 600 600



1 23/03/2017 38 16 0 -600



1 24/03/2017 38 15.85 100 100



1 24/03/2017 38 15.85 0 -100



1 24/03/2017 38 15.86 300 300



1 24/03/2017 38 15.86 0 -300



1 24/03/2017 38 15.9 300 300



1 24/03/2017 38 15.9 0 -300



1 28/03/2017 38 15.85 300 300



1 28/03/2017 38 15.85 0 -300



1 28/03/2017 38 15.87 400 400



1 28/03/2017 38 15.87 0 -400



1 29/03/2017 38 15.86 500 500



1 29/03/2017 38 15.86 0 -500



1 29/03/2017 38 15.88 600 600



1 29/03/2017 38 15.88 0 -600



1 30/03/2017 38 15.86 700 700



1 30/03/2017 38 15.86 0 -700



1 31/03/2017 38 15.97 1,100 1,100



1 31/03/2017 38 15.97 0 -1,100

Metallic Minerals Corp. Common Shares Hamilton, Gregor John 4 07/04/2017 10 0.35 1,105,000 20,000

Metallis Resources Inc. Common Shares Sikich, Michael 4 30/03/2017 10 0.155 893,267 5,000

Metallis Resources Inc. Common Shares Sikich, Michael 4 30/03/2017 10 0.16 898,267 5,000

Methanex Corporation Rights Deferred Share Units

Arnell, Douglas James 4 31/03/2017 56 2,061 361

Methanex Corporation Common Shares Hexter, Paul 7 01/04/2017 00 4,434

Methanex Corporation Rights Performance Share Units

Hexter, Paul 7 01/04/2017 00 2,281

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3566



Acquired/ Disposed

Methanex Corporation Rights Share Appreciation Rights

Hexter, Paul 7 01/04/2017 00 19,151

Methanex Corporation Common Shares Methanex Corporation 1 13/03/2017 38 47.096 20,000 20,000















Methanex Corporation Common Shares Methanex Corporation 1 31/03/2017 38 0 -730,000


Poole, Albert Terence 4 31/03/2017 56 61,448 562


Warmbold, Benita Marie 4 31/03/2017 56 2,182 482

Metro inc. Common Shares Metro inc. 1 02/03/2017 38 38.815 100,000 50,000

Metro inc. Common Shares Metro inc. 1 03/03/2017 38 38.819 92,000 42,000

Metro inc. Common Shares Metro inc. 1 07/03/2017 38 42,000 -50,000

Metro inc. Common Shares Metro inc. 1 08/03/2017 38 0 -42,000

Microbix Biosystems Inc. Options Groome, Cameron Lionel 4 23/03/2017 52 150,000 -200,000

Middlefield Can-Global REIT Income Fund

Trust Units Middlefield Can-Global REIT Income Fund

1 31/03/2017 38 10.972 4,190,852 1,500



1 05/04/2017 38 10.917 4,192,552 1,700



1 06/04/2017 38 10.869 4,194,552 2,000

Middlefield Healthcare & Wellness Dividend Fund

Trust Units Middlefield Healthcare & Wellness Dividend Fund

1 31/03/2017 38 9.8802 288,400 8,500



1 03/04/2017 38 9.85 290,800 2,400



1 04/04/2017 38 9.84 293,200 2,400



1 05/04/2017 38 9.8525 294,800 1,600



1 06/04/2017 38 9.8576 296,500 1,700

Milestone Apartments Real Estate Investment Trust

Deferred Units Biggar, William John 4 31/12/2016 56 3,873


Deferred Units Biggar, William John 4 31/12/2016 56 2,879


Deferred Units Biggar, William John 4 31/12/2016 56 43,523 2,879


Deferred Units Biggar, William John 4 31/03/2017 56 46,315 1,536


Deferred Units Graham, Janet 4 31/03/2017 56 48,324 1,599

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3567



Acquired/ Disposed


Deferred Units Matheson, Richard Norman 4 31/03/2017 56 38,772 1,282


Deferred Units Senst, Graham David 4 31/03/2017 56 41,598 1,472


Deferred Units Young, Michael D'Arcy 4 31/03/2017 56 50,091 1,980

MINCO SILVER CORPORATION

Common Shares Lian, George 4 04/04/2017 51 0.42 39,400 30,000


Options Lian, George 4 04/04/2017 51 0.42 680,000 -30,000


Common Shares Spilsbury, Wayne 4 03/04/2017 51 0.42 175,000 83,334


Options Spilsbury, Wayne 4 03/04/2017 51 0.42 600,000 -83,334


Common Shares Trevitt, Jennifer 5 30/03/2017 51 0.42 33,333 33,333


Common Shares Trevitt, Jennifer 5 30/03/2017 10 1.29 10,833 -22,500


Common Shares Trevitt, Jennifer 5 04/04/2017 10 1.25 0 -10,833


Options Trevitt, Jennifer 5 30/03/2017 51 0.42 305,000 -33,333

MINT Income Fund Trust Units MINT Income Fund 1 31/03/2017 38 6.9945 65,961,829 8,500





Mitel Networks Corporation Common Shares Mitel Networks Corporation 1 10/03/2017 00

Mitel Networks Corporation Common Shares Mitel Networks Corporation 1 10/03/2017 38 6.9759 119,292 119,292

Mitel Networks Corporation Common Shares Mitel Networks Corporation 1 10/03/2017 38 6.9759 0 -119,292

Mogo Finance Technology Inc.

Common Shares Wekerle, Michael A. 3 06/04/2017 10 3 301,943 18,400


Common Shares Wekerle, Michael A. 3 07/04/2017 10 3.062 528,343 226,400


Common Shares Wekerle, Michael A. 3 03/04/2017 10 2.98 11,000


Common Shares Wekerle, Michael A. 3 03/04/2017 10 2.9905 1,837,600 11,000


Common Shares Wekerle, Michael A. 3 04/04/2017 10 2.98 69,500






Common Shares Wekerle, Michael A. 3 06/04/2017 10 3 1,967,100 50,000

Mongolia Growth Group Ltd. Common Shares Kupperman, Harris 3, 4, 5 04/04/2017 10 0.38 5,567,500 37,500



Mongolia Growth Group Ltd. Common Shares Mongolia Growth Group Ltd. 1 03/03/2017 38 0 -196,000

Montego Resources Inc. Common Shares Jackson, Anthony 4 24/08/2016 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3568



Acquired/ Disposed

Montego Resources Inc. Common Shares Jackson, Anthony 4 06/03/2017 11 0.12 1,043,667 1,043,667

Morguard Corporation Common Shares Morguard Corporation 1 03/04/2017 38 183.25 6,550 6,550

Morguard Corporation Common Shares Morguard Corporation 1 03/04/2017 38 0 -6,550

Morguard Real Estate Investment Trust

Units Morguard Corporation 3 03/04/2017 10 15.846 6,345,877 500


Units Morguard Corporation 3 03/04/2017 10 15.9 6,346,977 1,100







Mosaic Capital Corporation Common Shares KUNIK, Harold 4, 6, 7, 5 06/04/2017 57 217,426 7,363

Mosaic Capital Corporation Common Shares KUNIK, Harold 4, 6, 7, 5 06/04/2017 51 4.23 231,412 13,986

Mosaic Capital Corporation Options KUNIK, Harold 4, 6, 7, 5 06/04/2017 51 4.23 27,972 -13,986

Mosaic Capital Corporation RSU-Common Share KUNIK, Harold 4, 6, 7, 5 06/04/2017 57 9,456 -7,363

Mosaic Capital Corporation RSU-Preferred Security KUNIK, Harold 4, 6, 7, 5 01/04/2017 38 10.11 0 -4,000

Mosaic Capital Corporation RSU-Preferred Security Mackay, John 4, 6, 7, 5 01/04/2017 38 10.11 0 -3,643

Mountain Province Diamonds Inc.

Common Shares Bottin (International) Investments Ltd

3 31/03/2017 10 21,299,220 252,300


Common Shares Bottin (International) Investments Ltd

3 03/04/2017 10 22,108,720 809,500


Common Shares MACKIE, REID 5 31/03/2017 10 4.59 20,000 10,000

Mundoro Capital Inc. Options Calyniuk, Michael Eugene 4 28/06/2016 50 430,000 100,000

Mundoro Capital Inc. Options Calyniuk, Michael Eugene 4 03/04/2017 52 282,000 -225,000

Mundoro Capital Inc. Options Dechev, Teodora 4, 5 10/08/2015 52 1,300,000 -210,000

Mundoro Capital Inc. Options Dechev, Teodora 4, 5 28/06/2016 50 1,650,000 350,000

Mundoro Capital Inc. Options hoey, john joseph 4 29/06/2014 52 70,000 -210,000

Mundoro Capital Inc. Options hoey, john joseph 4 28/06/2016 50 455,000 150,000

Mundoro Capital Inc. Rights hoey, john joseph 4 29/06/2009 58 - Expiration of rights

0 -300,000

Namaste Technologies Inc. (formerly Next Gen Metals Inc.)

Options Zelickson, Kory 5 07/11/2016 50 0.35 500,000 200,000

Namibia Rare Earths Inc. Options Campbell, Darrin Richard 5 07/04/2017 00 150,000

NamSys Inc. (Formerly Cencotech Inc.)

Common Shares Siemens, John Raymond 3 31/03/2017 10 0.84 518,878 -11,500


Common Shares Siemens, John Raymond 3 03/04/2017 10 0.85 -2,500













Insider Reporting

April 13, 2017

(2017), 40 OSCB 3569



Acquired/ Disposed



NAPEC Inc. (formerly know as CVTech Group Inc.)

Options Trahan, Mario 5 28/03/2017 50 417,294 8,500

Neovasc Inc. Options Bebeau, Vicki Lee 5 31/03/2017 50 400,000 200,000

Neovasc Inc. Options Clark, Christopher John 5 31/03/2017 50 709,000 100,000

Neovasc Inc. Options Geyer, Paul 3, 4, 5 31/03/2017 50 365,000 30,000

Neovasc Inc. Options Hsiao, Jane 4 31/03/2017 50 305,000 30,000

Neovasc Inc. Options Lane, Randy 5 31/03/2017 50 717,250 150,000

Neovasc Inc. Options Marko, Alexei 4, 5 31/03/2017 50 886,250 125,000

Neovasc Inc. Options McPherson, Brian Christopher

5 31/03/2017 50 506,750 50,000

Neovasc Inc. Options Rubin, Steven Daniel 4 31/03/2017 50 345,000 30,000

Neovasc Inc. Options William, O'Neill 4 31/03/2017 50 305,000 30,000

Nevada Sunrise Gold Corporation

Common Shares Petterson, Brent 5 03/04/2017 10 0.31 25,000 25,000

Nevada Sunrise Gold Corporation

Common Shares Petterson, Brent 5 03/04/2017 10 0.31 32,500 7,500

Nevada Zinc Corporation Common Shares Parnham, Duane 4 29/03/2017 10 0.39 3,729,500 -20,000



New Age Metals Inc. (formerly Pacific North West Capital Corp.)

Warrants Barr, Harry 4, 5 03/04/2017 55 250,000 -83,333


Warrants Barr, Harry 4, 5 03/04/2017 55 0 -24,167


Warrants Barr, Harry 4, 5 03/04/2017 55 2,216,666 -794,445

New Flyer Industries Inc. Performance Share Units Asham, Carl Glenn 5 31/12/2016 30 33,375 282



New Flyer Industries Inc. Performance Share Units Asham, Carl Glenn 5 31/03/2017 56 59,181 21,602

New Flyer Industries Inc. Performance Share Units Asham, Carl Glenn 5 31/03/2017 59 40.74 22,262 -36,919

New Flyer Industries Inc. Restricted Share Units Asham, Carl Glenn 5 31/12/2016 30 9,546 47



New Flyer Industries Inc. Restricted Share Units Asham, Carl Glenn 5 31/03/2017 59 40.74 9,057 -2,553

New Flyer Industries Inc. Restricted Share Units Asham, Carl Glenn 5 31/03/2017 59 40.74 8,066 -991

New Flyer Industries Inc. Restricted Share Units Asham, Carl Glenn 5 02/04/2017 59 40.74 5,991 -2,075

New Flyer Industries Inc. Deferred Share Units Cochran, Phyllis Elaine 4 31/12/2016 30 7,016 118

New Flyer Industries Inc. Deferred Share Units Cochran, Phyllis Elaine 4 03/04/2017 56 7,960 429

New Flyer Industries Inc. Performance Share Units Desloges, Pierre Jean 5 31/12/2016 30 815 5

New Flyer Industries Inc. Restricted Share Units Desloges, Pierre Jean 5 31/12/2016 30 407 2

New Flyer Industries Inc. Restricted Share Units Desloges, Pierre Jean 5 31/03/2017 59 40.74 701 -136

New Flyer Industries Inc. Performance Share Units Dewsnup, Brian Keith 5 31/12/2016 30 13,493 103



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3570



Acquired/ Disposed

New Flyer Industries Inc. Performance Share Units Dewsnup, Brian Keith 5 31/03/2017 56 21,547 4,373

New Flyer Industries Inc. Performance Share Units Dewsnup, Brian Keith 5 31/03/2017 59 40.74 11,548 -9,999

New Flyer Industries Inc. Restricted Share Units Dewsnup, Brian Keith 5 31/12/2016 30 4,176 17



New Flyer Industries Inc. Restricted Share Units Dewsnup, Brian Keith 5 31/03/2017 59 40.74 5,066 -938



New Flyer Industries Inc. Deferred Share Units Edwards, Larry Dean 7 31/12/2016 30 12,135 211

New Flyer Industries Inc. Deferred Share Units Edwards, Larry Dean 7 03/04/2017 56 13,079 429

New Flyer Industries Inc. Common Shares Gray, Adam L. 4 03/04/2017 57 1,629,080 859

New Flyer Industries Inc. Performance Share Units Harper, Janice 5 31/12/2016 30 18,370 160



New Flyer Industries Inc. Performance Share Units Harper, Janice 5 31/03/2017 56 29,221 8,475

New Flyer Industries Inc. Performance Share Units Harper, Janice 5 31/03/2017 59 40.74 12,067 -17,154

New Flyer Industries Inc. Restricted Share Units Harper, Janice 5 31/12/2016 30 5,199 27



New Flyer Industries Inc. Restricted Share Units Harper, Janice 5 31/03/2017 59 40.74 4,920 -1,446

New Flyer Industries Inc. Restricted Share Units Harper, Janice 5 31/03/2017 59 40.74 4,388 -532

New Flyer Industries Inc. Restricted Share Units Harper, Janice 5 02/04/2017 59 40.74 3,275 -1,113

New Flyer Industries Inc. Restricted Share Units Hoeg, Krystyna 4 31/12/2016 30 8,985 143

New Flyer Industries Inc. Restricted Share Units Hoeg, Krystyna 4 03/04/2017 56 10,874 859

New Flyer Industries Inc. Performance Share Units Joseph, Wayne Ray 5 31/12/2016 30 41,015 351



New Flyer Industries Inc. Performance Share Units Joseph, Wayne Ray 5 31/03/2017 56 73,040 26,920

New Flyer Industries Inc. Performance Share Units Joseph, Wayne Ray 5 31/03/2017 59 40.74 27,033 -46,007

New Flyer Industries Inc. Restricted Share Units Joseph, Wayne Ray 5 31/12/2016 30 11,694 58



New Flyer Industries Inc. Restricted Share Units Joseph, Wayne Ray 5 31/03/2017 59 40.74 11,019 -3,181



New Flyer Industries Inc. Deferred Share Units Marinucci, Giovanni (John) 4 31/12/2016 30 12,135 211

New Flyer Industries Inc. Deferred Share Units Marinucci, Giovanni (John) 4 03/04/2017 56 13,079 429

New Flyer Industries Inc. Restricted Share Units Nunes, Paulo Cezar 4 31/12/2016 30 2,458 34

New Flyer Industries Inc. Restricted Share Units Nunes, Paulo Cezar 4 03/04/2017 56 3,402 429

New Flyer Industries Inc. Performance Share Units Pewarchuk, Colin Michael 5 31/12/2016 30 20,861 181


Insider Reporting

April 13, 2017

(2017), 40 OSCB 3571



Acquired/ Disposed


New Flyer Industries Inc. Performance Share Units Pewarchuk, Colin Michael 5 31/03/2017 56 33,058 9,638

New Flyer Industries Inc. Performance Share Units Pewarchuk, Colin Michael 5 31/03/2017 59 40.74 13,549 -19,509

New Flyer Industries Inc. Restricted Share Units Pewarchuk, Colin Michael 5 31/12/2016 30 5,905 30



New Flyer Industries Inc. Restricted Share Units Pewarchuk, Colin Michael 5 31/03/2017 59 40.74 5,516 -1,645

New Flyer Industries Inc. Restricted Share Units Pewarchuk, Colin Michael 5 31/03/2017 59 40.74 -67

New Flyer Industries Inc. Restricted Share Units Pewarchuk, Colin Michael 5 31/03/2017 59 40.74 -67

New Flyer Industries Inc. Restricted Share Units Pewarchuk, Colin Michael 5 31/03/2017 59 40.74 4,913 -603

New Flyer Industries Inc. Restricted Share Units Pewarchuk, Colin Michael 5 02/04/2017 59 40.74 3,650 -1,263

New Flyer Industries Inc. Deferred Share Units Sardo, Vincent James 4 31/12/2016 30 9,677 177

New Flyer Industries Inc. Restricted Share Units Sardo, Vincent James 4 03/04/2017 56 429 429

New Flyer Industries Inc. Restricted Share Units Sardo, Vincent James 4 03/04/2017 59 40.74 -429

New Flyer Industries Inc. Restricted Share Units Sardo, Vincent James 4 03/04/2017 59 40.74 -429

New Flyer Industries Inc. Restricted Share Units Sardo, Vincent James 4 03/04/2017 59 48.43 0 -429

New Flyer Industries Inc. Performance Share Units Smart, Ian Scott 5 31/12/2016 30 30,982 260



New Flyer Industries Inc. Performance Share Units Smart, Ian Scott 5 31/03/2017 56 55,269 19,941

New Flyer Industries Inc. Performance Share Units Smart, Ian Scott 5 31/03/2017 59 40.74 21,190 -34,079

New Flyer Industries Inc. Restricted Share Units Smart, Ian Scott 5 31/12/2016 30 8,916 43



New Flyer Industries Inc. Restricted Share Units Smart, Ian Scott 5 31/03/2017 59 40.74 8,699 -2,356

New Flyer Industries Inc. Restricted Share Units Smart, Ian Scott 5 31/03/2017 59 40.74 7,736 -963

New Flyer Industries Inc. Restricted Share Units Smart, Ian Scott 5 02/04/2017 59 40.74 5,839 -1,897

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/12/2016 30 24,388 212



New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/12/2016 30 260

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/12/2016 30 260

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/03/2017 56 37,847 10,469

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 15,832 -22,015

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/03/2017 56 19,941

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/03/2017 56 19,941

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 -34,079

New Flyer Industries Inc. Performance Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 -34,079

New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/12/2016 30 6,896 35

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3572



Acquired/ Disposed



New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/12/2016 30 43






New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 6,439 -1,924

New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 5,734 -705

New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 -2,356


New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 -963

New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 31/03/2017 59 40.74 -963

New Flyer Industries Inc. Restricted Share Units Smith, Paul Warren Dennis 5 02/04/2017 59 40.74 4,258 -1,476



New Flyer Industries Inc. Performance Share Units Soubry, Paul 5 31/12/2016 30 122,268 1,037

New Flyer Industries Inc. Performance Share Units Soubry, Paul 5 31/12/2016 30 123,084 816

New Flyer Industries Inc. Performance Share Units Soubry, Paul 5 31/12/2016 30 123,501 417

New Flyer Industries Inc. Performance Share Units Soubry, Paul 5 31/03/2017 56 161,340 23,098

New Flyer Industries Inc. Performance Share Units Soubry, Paul 5 31/03/2017 59 40.74 81,833 -79,507

New Flyer Industries Inc. Restricted Share Units Soubry, Paul 5 31/12/2016 30 35,063 173



New Flyer Industries Inc. Restricted Share Units Soubry, Paul 5 31/03/2017 59 40.74 33,513 -9,401



New Flyer Industries Inc. Performance Share Units Stoddart, Christopher James

5 31/12/2016 30 20,861 181


5 31/12/2016 30 21,000 139


5 31/12/2016 30 21,067 67


5 31/03/2017 56 33,058 9,638


5 31/03/2017 59 40.74 13,549 -19,509

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3573



Acquired/ Disposed

New Flyer Industries Inc. Restricted Share Units Stoddart, Christopher James

5 31/12/2016 30 5,905 30


5 31/12/2016 30 5,951 46


5 31/12/2016 30 5,984 33


5 31/03/2017 59 40.74 5,516 -1,645


5 31/03/2017 59 40.74 4,913 -603


5 02/04/2017 59 40.74 3,650 -1,263

New Flyer Industries Inc. Deferred Share Units Tobin, Brian Vincent 4 31/12/2016 30 18,701 324

New Flyer Industries Inc. Deferred Share Units Tobin, Brian Vincent 4 03/04/2017 56 20,401 773

New Flyer Industries Inc. Restricted Share Units Tobin, Brian Vincent 4 31/12/2016 30 5,503 101

New Flyer Industries Inc. Performance Share Units White, David Michael 5 31/12/2016 30 20,861 181



New Flyer Industries Inc. Performance Share Units White, David Michael 5 31/03/2017 56 33,178 9,638

New Flyer Industries Inc. Performance Share Units White, David Michael 5 31/03/2017 59 40.74 13,669 -19,509

New Flyer Industries Inc. Restricted Share Units White, David Michael 5 31/12/2016 30 5,905 30



New Flyer Industries Inc. Restricted Share Units White, David Michael 5 31/03/2017 59 40.74 5,575 -1,645

New Flyer Industries Inc. Restricted Share Units White, David Michael 5 31/03/2017 59 40.74 4,972 -603

New Flyer Industries Inc. Restricted Share Units White, David Michael 5 02/04/2017 59 40.74 3,709 -1,263

New Look Vision Group Inc. (formerly New Look Eyewear Inc.)

Common Shares Class A Amiel, Antoine 4, 6, 5 31/03/2017 35 25.43 1,127 6


Common Shares Class A Amiel, Antoine 4, 6, 5 31/03/2017 35 25.43 73,765 432


Common Shares Class A Bennett, William John 4, 6, 5 31/03/2017 35 25.43 2,160 12


Common Shares Class A Bennett, William John 4, 6, 5 31/03/2017 35 25.43 620,034 3,635


Common Shares Class A DeBono, Emanuel J. 5 31/03/2017 35 25.43 3,733 19


Common Shares Class A Pearson, Charles Emmett 4, 6 31/03/2017 35 25.43 149,089 874


Common Shares Class A Pearson, Charles Emmett 4, 6 31/03/2017 35 25.43 149,090 874

New Pacific Holdings Corp. (formerly New Pacific Metals Corp.)

Options Waldman, Lorne 6 01/11/2016 50 0.55 75,000


Options Waldman, Lorne 6 01/11/2016 50 0.55 75,000


Options Waldman, Lorne 6 01/09/2013 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3574



Acquired/ Disposed








Options Waldman, Lorne 6 24/09/2013 50 50,000


Options Waldman, Lorne 6 24/09/2013 50 0.57 50,000 50,000






Options Waldman, Lorne 6 01/11/2016 50 0.55 125,000 75,000

New Pacific Metals Corp. Options Waldman, Lorne 6 24/09/2013 50 0.57 50,000

New Pacific Metals Corp. Options Waldman, Lorne 6 24/09/2013 50 0.57 50,000

Newstrike Resources Ltd. Common Shares Marrelli, Carmelo 5 04/04/2017 90 0.145 0 -100,000

Newstrike Resources Ltd. Common Shares Marrelli, Carmelo 5 25/07/2005 00

Newstrike Resources Ltd. Common Shares Marrelli, Carmelo 5 04/04/2017 90 0.145 100,000 100,000

Newstrike Resources Ltd. Options Marrelli, Carmelo 5 07/04/2017 51 -50,000

Newstrike Resources Ltd. Options Marrelli, Carmelo 5 07/04/2017 51 -50,000

NexC Partners Corp. Non-Voting Shares Class A

NexC Partners Corp. 1 01/03/2017 38 12.692 4,591 1,378






NexC Partners Corp. 1 06/03/2017 38 12.71 7,747 400






















NexC Partners Corp. 1 31/03/2017 38 1,600 -13,147

NexgenRx Inc. Common Shares Crossett, Paul Everett 3 05/04/2017 10 0.24 1,078,000 78,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3575



Acquired/ Disposed

Nexus Gold Corp. Common Shares Kinley, Michael Winslow 4, 5 31/03/2017 10 0.24 368,559 -15,000

Nexus Gold Corp. Common Shares Kinley, Michael Winslow 4, 5 03/04/2017 10 0.24 353,059 -15,500

Nexus Gold Corp. Common Shares Klenman, Alexander 4 03/04/2017 10 0.24 1,660,575 5,000








Nexus Real Estate Investment Trust

Options Lagopoulos, Nicholas Alexander

4 03/04/2017 00 66,800


Trust Units Lagopoulos, Nicholas Alexander

4 03/04/2017 00 27,972


Warrants Lagopoulos, Nicholas Alexander

4 03/04/2017 00 2,797


Trust Units RFA Capital Partners Inc. 4 03/04/2017 00 47,595


Warrants RFA Capital Partners Inc. 4 03/04/2017 00 4,759


Trust Units RFA Nobel Limited Partnership

3 03/04/2017 00 12,685,041


Warrants RFA Nobel Limited Partnership

3 03/04/2017 00 294,337


Warrants July 10, 2019 RFA Nobel Limited Partnership

3 03/04/2017 00 556,666


Trust Units Rodney, Benjamin Ryan 4 03/04/2017 00 10,354


Options Teasdale, Jean 4, 5 03/04/2017 00 238,923


Special Voting Units Teasdale, Jean 4, 5 03/04/2017 00 10,020


Trust Units Teasdale, Jean 4, 5 03/04/2017 00 15,781


Warrants Teasdale, Jean 4, 5 03/04/2017 00 1,043

NGEx Resources Inc. Common Shares Carmichael, Robert Gordon 5 06/04/2017 10 0.984 45,000 5,000

NGEx Resources Inc. Common Shares Carmichael, Robert Gordon 5 07/04/2017 10 1.05 50,000 5,000

Nobel Real Estate Investment Trust

Limited Partnership Units catÚgorie B, comporte 1 droit de vote par catÚgorie B

Teasdale, Jean 4, 5 03/04/2017 22 0 -6,000


Options Teasdale, Jean 4, 5 03/04/2017 22 0 -143,068


Units Teasdale, Jean 4, 5 03/04/2017 22 0 -9,450


Warrants Teasdale, Jean 4, 5 03/04/2017 22 0 -625

Noble Mineral Exploration Inc.

Common Shares White, Vance 3, 4, 5 31/03/2017 10 0.0551 700,000








Common Shares White, Vance 3, 4, 5 31/03/2017 10 0.0551 1,685,435 -791,363

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3576



Acquired/ Disposed


Common Shares White, Vance 3, 4, 5 31/03/2017 10 0.0551 985,435 -700,000

Norbord Inc. Common Shares Brookfield Asset Management Inc.

3 03/04/2017 11 0 -11,915,658

Norbord Inc. Common Shares Brookfield Asset Management Inc.

3 03/04/2017 11 16,724,709 11,915,658

North American Energy Partners Inc.

Common Shares Butler, Robert John 5 03/04/2017 57 14,798 4,076


Restricted Share Units Butler, Robert John 5 31/03/2017 57 28,148 -4,076


Common Shares Ferron, Martin Robert 4, 5 03/04/2017 57 1,271,391 10,992


Restricted Share Units Ferron, Martin Robert 4, 5 31/03/2017 57 201,824 -21,141


Common Shares Lambert, Joseph Charles 5 03/04/2017 57 28,751 4,481


Restricted Share Units Lambert, Joseph Charles 5 31/03/2017 57 66,574 -8,618


Deferred Share Units McIntosh, Ronald A 4 31/03/2017 56 215,009 1,286


Common Shares North American Energy Partners

1 07/04/2017 10 7 100,000 100,000


Common Shares North American Energy Partners

1 07/04/2017 38 0 -100,000


Deferred Share Units Oehmig, William C. 4 31/03/2017 56 265,234 5,363


Common Shares Palmer, Barry Wade 5 03/04/2017 57 27,990 4,207


Restricted Share Units Palmer, Barry Wade 5 31/03/2017 57 56,380 -8,091


Deferred Share Units Pinney, Bryan Daniel 4 31/03/2017 56 79,689 5,401


Deferred Share Units Stan, Thomas Paul 4 31/03/2017 56 10,836 2,585


Deferred Share Units Thornton, Jay 4 31/03/2017 56 88,437 5,517

Northcliff Resources Ltd. Common Shares Hamming, Bryce 5 31/03/2017 10 0.2 170,600 -16,500

Northcliff Resources Ltd. Common Shares Todd Minerals Limited 3 17/03/2017 16 0.11 61,429,229 12,887,613

Northern Empire Resources Corp.

Convertible Notes Hurst, Douglas 4 09/06/2015 00

Northern Empire Resources Corp.

Convertible Notes Hurst, Douglas 4 29/03/2017 97 $300,000 $300,000

Northland Power Inc. Deferred Rights Balan, Boris 5 06/07/2015 00

Northland Power Inc. Deferred Rights Balan, Boris 5 03/03/2017 56 43,462 43,462

Northland Power Inc. Deferred Rights Bergman, Darryl Andrew 5 03/03/2017 56 14,302 14,302

Northland Power Inc. Deferred Rights Cipolla, Gemi 5 03/03/2017 56 24,854 24,854

Northland Power Inc. Deferred Rights Dougall, David George 5 03/03/2017 56 17,785 17,785

Northland Power Inc. Deferred Share Units (DSU)

Gilmour, Barry Kenneth 4 31/03/2017 56 23.48 20,052 1,453

Northland Power Inc. Deferred Rights Gliosca, Dino 5 03/03/2017 56 78,977 78,977


Goodman, Russell Andrew 4 31/03/2017 56 23.58 9,030 670

Northland Power Inc. Deferred Rights Pires, Joao Felipe 5 06/04/2014 00

Northland Power Inc. Deferred Rights Pires, Joao Felipe 5 03/03/2017 56 42,754 42,754


Pires, Joao Felipe 5 06/04/2014 00


Pires, Joao Felipe 5 03/03/2017 56 42,754


Pires, Joao Felipe 5 03/03/2017 56 42,754

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3577



Acquired/ Disposed


Turner, John, Napier 4 31/03/2017 56 23.58 13,582 795

Northland Power Inc. Deferred Rights Windsor, John 5 03/10/2016 00

Northland Power Inc. Deferred Rights Windsor, John 5 03/03/2017 56 2,106 2,106

NorthWest Healthcare Properties Real Estate Investment Trust

Deferred Units Barkin, Martin 4 31/03/2017 56 10.68 30,399 1,123


Deferred Units Baron, Robert 4 31/03/2017 56 10.68 106,829 1,872


Deferred Units Crotty, Bernard W. 4, 5 15/01/2016 38 8.59 -1,042


Deferred Units Crotty, Bernard W. 4, 5 15/01/2016 38 8.59 195,757 -1,048


Deferred Units Crotty, Bernard W. 4, 5 15/03/2017 57 10.49 228,647 -858


Deferred Units Crotty, Bernard W. 4, 5 31/03/2017 56 10.68 230,519 1,872


Deferred Units Loudon, Colin 4 31/03/2017 56 10.68 20,606 1,872


Deferred Units Naylor, Christopher David (David)

6 31/03/2017 56 10.68 52,105 1,872


Deferred Units Petersen, Brian Kenneth 4 31/03/2017 56 10.68 22,004 1,872

NOVAGOLD RESOURCES INC.

Common Shares DEISLEY, DAVID LEE 5 09/01/2017 30 4.7 307


Common Shares DEISLEY, DAVID LEE 5 09/01/2017 30 4.7 710,937 307


Common Shares DEISLEY, DAVID LEE 5 23/01/2017 30 5.19 214












Common Shares HENNESSEY, MELANIE 5 09/01/2017 30 6.24 329,570 151












Common Shares Lang, Gregory Anthony 5 09/01/2017 30 4.7 1,344,184 493



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3578



Acquired/ Disposed










Common Shares Ottewell, David 5 09/01/2017 30 4.7 485,776 244












Common Shares Rimelman, Ronald 5 09/01/2017 30 4.7 116,183 176












Common Shares Williams, Richard 5 09/01/2017 30 4.7 228,295 189











Novelion Therapeutics Inc. Options Corrigan, Mark 4 30/03/2017 00

Novelion Therapeutics Inc. Options Corrigan, Mark 4 30/03/2017 00

Novelion Therapeutics Inc. Options Corrigan, Mark 4 30/03/2017 50 9,600



Novelion Therapeutics Inc. Common Shares Harshbarger, Benjamin 5 01/04/2017 36 527 178

Novelion Therapeutics Inc. Common Shares Harshbarger, Benjamin 5 01/04/2017 11 10.74 470 -57

Novelion Therapeutics Inc. Restricted Stock Unit Harshbarger, Benjamin 5 01/04/2017 36 52,604 -178

NUVISTA ENERGY LTD. Common Shares Deferred Share Units

ECKHARDT, Ronald John 4 31/03/2017 56 17,145 2,556


KARKKAINEN, PENTTI OLAVI

4 31/03/2017 56 19,198 3,397

NUVISTA ENERGY LTD. Common Shares MacPhail, Keith A.J. 4, 5 31/03/2017 10 6.16 2,550,112 -14,200



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3579



Acquired/ Disposed


MacPhail, Keith A.J. 4, 5 30/03/2017 56 6.06 21,986 4,402

NUVISTA ENERGY LTD. Options McDavid, Douglas Christopher

5 05/04/2017 59 5.41 433,550 -5,833


Shaw, Brian Gordon 4 31/03/2017 56 14,385 1,225

NUVISTA ENERGY LTD. Options Wright, Jonathan Andrew 5 05/04/2017 59 5 831,749 -12,100


Zawalsky, Grant A. 4 31/03/2017 56 13,554 1,389

OceanaGold Corporation Common Shares Garrett, Diane Renee 4 31/03/2017 51 3.99 1,729,179 461,936

OceanaGold Corporation Options Garrett, Diane Renee 4 31/03/2017 51 3.28 1,010,777 -461,936

Olympia Financial Group Inc. Common Shares Abdool, Shameer 5 03/01/2017 00 743

Olympia Financial Group Inc. Common Shares Skauge, Rick 3, 4, 5 05/04/2017 10 29 14,062 151

ONEnergy Inc. Deferred Share Units Letwin, Stephen Joseph James

4, 5 07/04/2017 56 0.375 283,219 34,667

ONEX CORPORATION Rights Deferred Share Units (cash settled)

Casey, Daniel C. 4 31/03/2017 56 95.45 84,780 190


Etherington, William 4 31/03/2017 56 95.45 58,178 190


Godsoe, Peter Cowperthwaite

4 31/03/2017 56 95.45 86,576 228


Gouin, Serge 4 31/03/2017 56 95.45 86,881 228


Huffington, Arianna 4 31/03/2017 56 95.45 11,982 174


McCoy, John Bonnet 4 31/03/2017 56 95.45 78,517 226


McCoy, John Bonnet 4 31/03/2017 56 95.45 78,518 1

ONEX CORPORATION Subordinate Voting Shares

Onex Corporation 1 24/03/2017 11 94.98 750,000 750,000


Onex Corporation 1 24/03/2017 38 0 -750,000






Onex Corporation 1 28/03/2017 10 94.98 400 400


Onex Corporation 1 28/03/2017 38 0 -400






Onex Corporation 1 31/03/2017 10 94.98 300 300


Onex Corporation 1 31/03/2017 38 0 -300


Prichard, John Robert Stobo 4 31/03/2017 56 95.45 81,198 214


Reisman, Heather M. 4 31/03/2017 56 95.45 72,881 174


Thorsteinson, Arni Clayton 4 31/03/2017 56 95.45 107,454 446

Opsens Inc. Common Shares Duplain, GaÚtan 4, 5 31/03/2017 10 -1,000,000

Opsens Inc. Common Shares Duplain, GaÚtan 4, 5 31/03/2017 10 1.5 3,726,956 -1,000,000

Organic Potash Corporation Common Shares Schwarz, Jayson Brian 4 05/04/2017 10 0.025 671,000 65,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3580



Acquired/ Disposed

Organic Potash Corporation Common Shares Schwarz, Jayson Brian 4 06/04/2017 10 0.025 672,500 1,500

Organic Potash Corporation Common Shares Welner, Heather Ann 5 05/04/2017 10 0.025 671,000 65,500

Organic Potash Corporation Common Shares Welner, Heather Ann 5 06/04/2017 10 0.025 672,500 1,500

Organto Foods Inc. Common Shares BICKFORD, ARTURO 4, 5 05/04/2017 97 0 -7,290,000

ORTHO REGENERATIVE TECHNOLOGIES INC.

Common Shares Norton, Brent Henry Barry 4 26/07/2016 00


Common Shares Norton, Brent Henry Barry 4 31/03/2017 11 0.5 40,000 40,000










Warrants Norton, Brent Henry Barry 4 26/07/2016 00


Warrants Norton, Brent Henry Barry 4 31/03/2017 11 0.7 20,000 20,000









Pacific Insight Electronics Corp.

Common Shares Fogg, Jonathan 5 05/04/2017 90 8.55 1,000 -2,000


Common Shares Fogg, Jonathan 5 14/04/2014 00


Common Shares Fogg, Jonathan 5 05/04/2017 90 8.55 2,000 2,000


Common Shares Sutherland, Gary B. 4 04/04/2017 90 3.563 -8,000


Common Shares Sutherland, Gary B. 4 04/04/2017 90 8.49 62,000 -8,000


Common Shares Sutherland, Gary B. 4 06/04/2017 90 3.563 -8,000


Common Shares Sutherland, Gary B. 4 06/04/2017 90 8.78 54,000 -8,000


Common Shares Sutherland, Gary B. 4 24/04/2006 00


Common Shares Sutherland, Gary B. 4 06/04/2017 90 3.563 8,000


Common Shares Sutherland, Gary B. 4 06/04/2017 90 8.78 8,000 8,000


Common Shares Sutherland, Gary B. 4 24/04/2006 00


Common Shares Sutherland, Gary B. 4 04/04/2017 90 3.563 8,000


Common Shares Sutherland, Gary B. 4 04/04/2017 90 8.49 8,000 8,000

Painted Pony Petroleum Ltd. Common Shares Carley, Glenn Robert 4 05/04/2017 15 5.6 37,000 5,000

Painted Pony Petroleum Ltd. Common Shares Cornhill, David Wallace 4 05/04/2017 15 5.6 173,422 104,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3581



Acquired/ Disposed

Painted Pony Petroleum Ltd. Common Shares Dunne, Joan 4 05/04/2017 15 5.6 24,000 9,000

Painted Pony Petroleum Ltd. Common Shares Dunne, Joan 4 07/04/2017 56 41,688 17,688

Painted Pony Petroleum Ltd. Common Shares Fleming, Tonya Louise 5 05/04/2017 15 5.6 63,755 2,500

Painted Pony Petroleum Ltd. Options Fleming, Tonya Louise 5 07/04/2017 50 475,000 45,000

Painted Pony Petroleum Ltd. Common Shares Hall, Bruce 5 05/04/2017 15 5.6 75,805 5,000

Painted Pony Petroleum Ltd. Options Hall, Bruce 5 07/04/2017 50 497,000 45,000

Painted Pony Petroleum Ltd. Common Shares Hanbury, Edwin Stewart 5 05/04/2017 15 5.6 12,000

Painted Pony Petroleum Ltd. Common Shares Hanbury, Edwin Stewart 5 05/04/2017 15 5.6 153,309 10,000

Painted Pony Petroleum Ltd. Options Hanbury, Edwin Stewart 5 07/04/2017 50 811,000 60,000

Painted Pony Petroleum Ltd. Common Shares Jaggard, Stuart 1 05/04/2017 15 5.6 69,738 3,500

Painted Pony Petroleum Ltd. Options Jaggard, Stuart 1 07/04/2017 50 425,000 45,000

Painted Pony Petroleum Ltd. Common Shares Joubert, Nereus 4 05/04/2017 15 5.6 29,090 2,000

Painted Pony Petroleum Ltd. Common Shares Kis, Lynn 4 05/04/2017 15 5.6 40,291 1,700

Painted Pony Petroleum Ltd. Common Shares McNamara, Leo Barry 5 05/04/2017 15 5.6 112,085 7,000

Painted Pony Petroleum Ltd. Options McNamara, Leo Barry 5 07/04/2017 50 721,000 45,000

Painted Pony Petroleum Ltd. Common Shares REIMER, JAMES D. 5 05/04/2017 15 5.6 38,500 10,000

Painted Pony Petroleum Ltd. Common Shares REIMER, JAMES D. 5 05/04/2017 15 5.6 93,864 25,000

Painted Pony Petroleum Ltd. Options REIMER, JAMES D. 5 07/04/2017 50 491,000 45,000

Painted Pony Petroleum Ltd. Common Shares Van de Pol, John 5 05/04/2017 15 5.6 131,206 5,000

Painted Pony Petroleum Ltd. Options Van de Pol, John 5 07/04/2017 50 731,000 60,000

Painted Pony Petroleum Ltd. Common Shares Ward, Patrick Russell 4, 5 05/04/2017 15 5.6 33,000

Painted Pony Petroleum Ltd. Common Shares Ward, Patrick Russell 4, 5 05/04/2017 15 5.6 1,127,308 35,000

Painted Pony Petroleum Ltd. Options Ward, Patrick Russell 4, 5 07/04/2017 50 944,500 112,500

Pan American Silver Corp. Common Shares Emerson, Christopher 5 07/04/2017 51 9.76 11,723 7,000

Pan American Silver Corp. Common Shares Emerson, Christopher 5 07/04/2017 10 24.418 4,723 -7,000

Pan American Silver Corp. Options Emerson, Christopher 5 07/04/2017 51 9.76 31,679 -7,000

Pancontinental Gold Corporation (formerly, Pancontinental Uranium Corporation)

Common Shares Croft, Thomas Layton 4 05/04/2017 10 0.06 807,000 107,000


Common Shares Croft, Thomas Layton 4 06/04/2017 10 0.06 820,000 13,000


Common Shares Mosher, David Vaughn 4 05/04/2017 10 0.06 5,134,555 17,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3582



Acquired/ Disposed


Common Shares Whalen, Donald Alexander 4 05/04/2017 10 0.065 3,196,000 50,000

Panoro Minerals Ltd. Common Shares Shaheen, Luquman 4, 5 03/04/2017 10 0.18 658,000 1,000




ParcelPal Technology Inc. (formerly Plus8 Global Ventures, Ltd.)

Warrants Moreau, Jason Wayne 4 31/03/2017 16 0.3 601,361 48,611

Parex Resources Inc. Common Shares Wright, Paul David 4 05/04/2017 51 135,839 10,000

Parex Resources Inc. Common Shares Wright, Paul David 4 05/04/2017 10 17.525 125,839 -10,000

Parex Resources Inc. Options Wright, Paul David 4 05/04/2017 51 6.07 20,000 -10,000

Park Lawn Corporation Deferred Share Units Gilbert, Linda 5 04/04/2017 00

Park Lawn Corporation Restricted Share Units Gilbert, Linda 5 04/04/2017 00 11,677

Parkit Enterprise Inc. Common Shares Leonite Capital LLC 3 04/04/2017 00 3,365,500

Parkit Enterprise Inc. Common Shares Leonite Capital LLC 3 04/04/2017 00 59,100

Partners Real Estate Investment Trust

Deferred Units Anthony, Grant 3, 4 14/04/2016 00


Deferred Units Anthony, Grant 3, 4 31/03/2017 46 2,210 2,210


Deferred Units Domenico, Jane 5 15/02/2014 00


Deferred Units Domenico, Jane 5 31/03/2017 46 27,248 27,248


Deferred Units Harrs, Paul Henry 5 04/01/2016 00


Deferred Units Harrs, Paul Henry 5 31/03/2017 46 27,248 27,248


Deferred Units Kimberley, Allan Scott 4 17/06/2015 00


Deferred Units Kimberley, Allan Scott 4 31/03/2017 46 10,970 10,970


Deferred Units Nyilassy, Simon 4 17/06/2015 00


Deferred Units Nyilassy, Simon 4 31/03/2017 46 9,376 9,376


Units Nyilassy, Simon 4 15/03/2017 30 3.49 45,695 273


Deferred Units Ross, Charles Ian 4 17/06/2015 00


Deferred Units Ross, Charles Ian 4 31/03/2017 46 10,033 10,033


Deferred Units West, Derrick 5 27/01/2014 00


Deferred Units West, Derrick 5 31/03/2017 46 27,248 27,248

Pathfinder Income Fund Trust Units Pathfinder Convertible Debenture Fund

1 04/04/2017 10 8.9 9,710,664 -2,200

Pathfinder Income Fund Trust Units Pathfinder Convertible Debenture Fund

1 05/04/2017 10 8.915 9,707,864 -2,800

Peak Positioning Technologies Inc.

Common Shares BOLDUC, Laval 4, 5 02/04/2017 51 0.1 3,130,000 150,000


Common Shares BOLDUC, Laval 4, 5 06/04/2017 54 0.025 4,610,000 1,480,000


Options BOLDUC, Laval 4, 5 02/04/2017 51 0.1 -150,000


Options BOLDUC, Laval 4, 5 02/04/2017 51 0.1 4,475,000 -150,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3583



Acquired/ Disposed


Warrants BOLDUC, Laval 4, 5 06/04/2017 54 0.025 5,500,000 -1,480,000


Common Shares H╔BERT, Georges Lawrence

6 02/04/2017 51 0.1 150,000



6 02/04/2017 51 0.1 150,000



6 02/04/2017 51 0.1 1,251,467 150,000


Options H╔BERT, Georges Lawrence

6 02/04/2017 51 0.1 -150,000



6 02/04/2017 51 0.1 -150,000



6 02/04/2017 51 0.1 485,000 -150,000


Common Shares Tessier, Charles-AndrÚ 4 02/04/2017 51 0.1 200,000


Common Shares Tessier, Charles-AndrÚ 4 02/04/2017 51 0.1 450,000 200,000


Options Tessier, Charles-AndrÚ 4 02/04/2017 51 0.1 -200,000


Options Tessier, Charles-AndrÚ 4 02/04/2017 51 0.1 2,250,000 -200,000


Options Tessier, Charles-AndrÚ 4 02/04/2017 51 0.1 200,000


Options Tessier, Charles-AndrÚ 4 02/04/2017 51 0.1 200,000


Common Shares TURNER, Kerrigan Henry 6 02/04/2017 51 0.1 150,000


Common Shares TURNER, Kerrigan Henry 6 02/04/2017 51 0.1 1,641,752 150,000


Options TURNER, Kerrigan Henry 6 02/04/2017 51 0.1 -150,000


Options TURNER, Kerrigan Henry 6 02/04/2017 51 0.1 535,000 -150,000


Options TURNER, Kerrigan Henry 6 02/04/2017 51 0.1 150,000


Options TURNER, Kerrigan Henry 6 02/04/2017 51 0.1 150,000

Pelangio Exploration Inc. Common Shares Hibbard, Ingrid Jo-Ann 4, 5 23/03/2017 90 0 -1,091

Peloton Minerals Corporation Common Shares ELLWOOD, EDWARD LEITH

5 31/03/2017 10 0.065 3,757,796 -35,000

Pengrowth Energy Corporation

DSU Poole, Albert Terence 4 31/03/2017 56 1.4 294,708 6,250

Perpetual Energy Inc. Common Shares Green, Jeff 5 24/03/2017 10 1.6 5,100

Perpetual Energy Inc. Common Shares Green, Jeff 5 24/03/2017 10 1.6 49,406 -5,100

Perpetual Energy Inc. Common Shares Green, Jeff 5 04/04/2017 57 0.01 50,506 1,100

Perpetual Energy Inc. Common Shares Green, Jeff 5 04/04/2017 10 1.69 49,406 -1,100

Perpetual Energy Inc. Restricted Rights Green, Jeff 5 04/04/2017 57 1.7 31,243 -7

Perpetual Energy Inc. Restricted Rights Green, Jeff 5 04/04/2017 57 0.01 30,143 -1,100

Perpetual Energy Inc. Common Shares Jackson, Gary C. 5 03/04/2017 57 0.01 60,897 32,304

Perpetual Energy Inc. Common Shares Jackson, Gary C. 5 03/04/2017 10 1.62 44,401 -16,496

Perpetual Energy Inc. Restricted Rights Jackson, Gary C. 5 03/04/2017 38 1.66 32,304 -196

Perpetual Energy Inc. Restricted Rights Jackson, Gary C. 5 03/04/2017 57 0.01 0 -32,304

Perpetual Energy Inc. Common Shares Ward, Howard 4 24/03/2016 37 -44,873

Perpetual Energy Inc. Common Shares Ward, Howard 4 24/03/2016 37 2,359 -44,876

Petrocapita Income Trust 6% convertible debentures due 2023

Lemmens, Alexander T. 4, 7, 5 27/10/2015 00

Petrocapita Income Trust 6% convertible debentures due 2023

Lemmens, Alexander T. 4, 7, 5 30/11/2016 11 $20,087 $20,087

Petrocapita Income Trust Convertible Debentures Lemmens, Alexander T. 4, 7, 5 30/11/2016 11 $20,087

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3584



Acquired/ Disposed

PetroShale Inc. Warrants Chernoff, M. Bruce 3, 4 10/05/2016 53 0.75 1,625,000

PetroShale Inc. Warrants Chernoff, M. Bruce 3, 4 10/05/2016 53 0.75 1,625,000 1,625,000

Petrus Resources Ltd. Common Shares Gray, Don 4 31/03/2017 10 2.37 5,517,202 7,900



PHX Energy Services Corp. Retention Awards (Cash-based Only)

Athaide, Judith 4 31/03/2017 57 3.68 85,181 -3,363


Athaide, Judith 4 31/03/2017 57 3.68 83,420 -1,761


Athaide, Judith 4 31/03/2017 57 3.68 78,141 -5,279


Athaide, Judith 4 31/03/2017 56 3.68 89,363 11,222


Hibbard, Lawrence M. 4 31/03/2017 57 3.68 90,425 -1,365


Hibbard, Lawrence M. 4 31/03/2017 57 3.68 86,374 -4,051


Hibbard, Lawrence M. 4 31/03/2017 56 3.68 98,913 12,539


Hooks, John Michael 5 31/03/2017 57 3.68 143,791 -3,363






Hooks, John Michael 5 31/03/2017 56 3.68 147,930 10,876


Tetreault, Myron Arthur 4 31/03/2017 57 3.68 -3,363


Tetreault, Myron Arthur 4 31/03/2017 57 3.68 99,461 -4,648






Tetreault, Myron Arthur 4 31/03/2017 56 3.68 105,435 16,141


Thomas, Roger Dale 4 31/03/2017 57 3.68 70,692 -1,955






Thomas, Roger Dale 4 31/03/2017 56 3.68 73,072 6,442

Pilot Gold Inc. Common Shares Bailey, Joanna 5 03/04/2017 00 30,300

Pilot Gold Inc. Options Bailey, Joanna 5 03/04/2017 00 418,750

Pilot Gold Inc. Rights Restricted Share Units

Bailey, Joanna 5 03/04/2017 00 81,250

Pilot Gold Inc. Warrants Bailey, Joanna 5 03/04/2017 00 14,150

Pilot Gold Inc. Common Shares Everett, Calvin Clovis 5 06/04/2017 54 3,000,000 150,000

Pilot Gold Inc. Warrants Everett, Calvin Clovis 5 06/04/2017 54 0.4 1,275,000 -150,000

Pine Cliff Energy Ltd. Common Shares Disbrow, Robert 3 04/04/2017 10 0.77 19,928,376 -6,124

Pivot Technology Solutions, Inc. (formerly Acme Capital Corporation)

Common Shares Pivot Technology Solutions, Inc.

1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3585



Acquired/ Disposed



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000 5,000



1 02/03/2017 38 1.6 -5,000



1 02/03/2017 38 1.6 -5,000



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 -5,000



1 02/03/2017 38 1.6 -5,000



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000



1 02/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3586



Acquired/ Disposed



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 5,000



1 06/03/2017 38 1.6 -5,000



1 06/03/2017 38 1.6 -5,000



1 06/03/2017 38 1.6 10,000 5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 15,000 5,000



1 08/03/2017 38 1.58 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3587



Acquired/ Disposed



1 08/03/2017 38 1.58 -5,000



1 08/03/2017 38 1.58 5,000



1 08/03/2017 38 1.58 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 20,000 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 5,000



1 09/03/2017 38 1.56 5,000



1 10/03/2017 38 1.52 5,000



1 10/03/2017 38 1.52 5,000



1 10/03/2017 38 1.52 25,000 5,000



1 10/03/2017 38 1.52 5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3588



Acquired/ Disposed



1 10/03/2017 38 1.52 5,000



1 10/03/2017 38 1.52 5,000



1 10/03/2017 38 1.52 5,000



1 10/03/2017 38 1.52 5,000



1 10/03/2017 38 1.52 5,000



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 26,100 1,100



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 1,100



1 14/03/2017 38 1.5 1,100



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3589



Acquired/ Disposed



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 5,000



1 15/03/2017 38 1.5 31,100 5,000



1 15/03/2017 38 1.5 -5,000



1 16/03/2017 38 1.4854 4,600



1 16/03/2017 38 1.4854 4,600



1 16/03/2017 38 1.4854 4,600



1 16/03/2017 38 1.4854 4,600



1 16/03/2017 38 1.4854 35,700 4,600



1 16/03/2017 38 1.4854 4,600



1 16/03/2017 38 1.4854 4,600



1 16/03/2017 38 1.4854 4,600

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3590



Acquired/ Disposed



1 16/03/2017 38 1.4854 4,600



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 44,700 9,000



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 9,000



1 17/03/2017 38 1.4547 9,000



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3591



Acquired/ Disposed



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 5,000



1 21/03/2017 38 1.43 49,700 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 5,000



1 22/03/2017 38 1.37 54,700 5,000



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 2,400

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3592



Acquired/ Disposed



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 2,400



1 23/03/2017 38 1.38 57,100 2,400



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 5,000



1 24/03/2017 38 1.38 62,100 5,000



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3593



Acquired/ Disposed



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 5,000



1 27/03/2017 38 1.38 67,100 5,000



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.58 -5,000



1 29/03/2017 38 1.58 -5,000



1 29/03/2017 38 1.56 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3594



Acquired/ Disposed



1 29/03/2017 38 1.56 -5,000



1 29/03/2017 38 1.52 -5,000



1 29/03/2017 38 1.52 -5,000



1 29/03/2017 38 1.5 -1,100



1 29/03/2017 38 1.5 -1,100



1 29/03/2017 38 1.5 -5,000



1 29/03/2017 38 1.5 -5,000



1 29/03/2017 38 1.4854 -4,600



1 29/03/2017 38 1.4854 -4,600



1 29/03/2017 38 1.4547 -9,000



1 29/03/2017 38 1.4547 -9,000



1 29/03/2017 38 1.43 -5,000



1 29/03/2017 38 1.43 -5,000



1 29/03/2017 38 1.37 -5,000



1 29/03/2017 38 1.37 -5,000



1 29/03/2017 38 1.38 -2,400

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3595



Acquired/ Disposed



1 29/03/2017 38 1.38 -2,400



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.58 -5,000



1 29/03/2017 38 1.58 -5,000



1 29/03/2017 38 1.56 -5,000



1 29/03/2017 38 1.56 -5,000



1 29/03/2017 38 1.52 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3596



Acquired/ Disposed



1 29/03/2017 38 1.52 -5,000



1 29/03/2017 38 1.5 -1,100



1 29/03/2017 38 1.5 -1,100



1 29/03/2017 38 1.5 -5,000



1 29/03/2017 38 1.5 -5,000



1 29/03/2017 38 1.4854 -4,600



1 29/03/2017 38 1.4854 -4,600



1 29/03/2017 38 1.4547 -9,000



1 29/03/2017 38 1.4547 -9,000



1 29/03/2017 38 1.43 -5,000



1 29/03/2017 38 1.43 -5,000



1 29/03/2017 38 1.37 -5,000



1 29/03/2017 38 1.37 -5,000



1 29/03/2017 38 1.38 -2,400



1 29/03/2017 38 1.38 -2,400



1 29/03/2017 38 1.38 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3597



Acquired/ Disposed



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.55 24,500



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.6 -5,000



1 29/03/2017 38 1.58 -5,000



1 29/03/2017 38 1.58 -5,000



1 29/03/2017 38 1.56 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3598



Acquired/ Disposed



1 29/03/2017 38 1.56 -5,000



1 29/03/2017 38 1.52 -5,000



1 29/03/2017 38 1.52 -5,000



1 29/03/2017 38 1.5 66,000 -1,100



1 29/03/2017 38 1.5 -5,000



1 29/03/2017 38 1.5 -5,000



1 29/03/2017 38 1.4854 61,400 -4,600



1 29/03/2017 38 1.4547 52,400 -9,000



1 29/03/2017 38 1.43 -5,000



1 29/03/2017 38 1.43 -5,000



1 29/03/2017 38 1.37 -5,000



1 29/03/2017 38 1.37 -5,000



1 29/03/2017 38 1.38 50,000 -2,400



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.38 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3599



Acquired/ Disposed



1 29/03/2017 38 1.38 -5,000



1 29/03/2017 38 1.6 45,000 -5,000



1 29/03/2017 38 1.6 40,000 -5,000



1 29/03/2017 38 1.58 35,000 -5,000



1 29/03/2017 38 1.56 30,000 -5,000



1 29/03/2017 38 1.52 25,000 -5,000



1 29/03/2017 38 1.5 20,000 -5,000



1 29/03/2017 38 1.43 15,000 -5,000



1 29/03/2017 38 1.37 10,000 -5,000



1 29/03/2017 38 1.38 5,000 -5,000



1 29/03/2017 38 1.38 0 -5,000



1 29/03/2017 38 1.55 24,500 24,500



1 30/03/2017 38 1.6356 39,200 14,700



1 30/03/2017 38 1.6356 14,700



1 30/03/2017 38 1.6356 14,700



1 30/03/2017 38 1.6356 14,700

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3600



Acquired/ Disposed



1 30/03/2017 38 1.6356 14,700



1 30/03/2017 38 1.6356 14,700



1 30/03/2017 38 1.6356 14,700



1 30/03/2017 38 1.6356 14,700



1 30/03/2017 38 1.6356 14,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 61,900 22,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 22,700



1 31/03/2017 38 1.7356 22,700



1 03/04/2017 38 1.55 -24,500



1 03/04/2017 38 1.55 -24,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3601



Acquired/ Disposed



1 03/04/2017 38 1.55 -14,700



1 03/04/2017 38 1.55 -14,700



1 03/04/2017 38 1.6356 -14,700



1 03/04/2017 38 1.6356 -14,700



1 03/04/2017 38 1.55 -24,500



1 03/04/2017 38 1.55 -24,500



1 03/04/2017 38 1.6356 -14,700



1 03/04/2017 38 1.6356 -14,700



1 03/04/2017 38 1.7356 -22,700



1 03/04/2017 38 1.7356 -22,700



1 03/04/2017 38 1.55 37,400 -24,500



1 03/04/2017 38 1.6356 22,700 -14,700



1 03/04/2017 38 1.7356 0 -22,700


Common Shares Stuve, Douglas Murray 4 31/03/2017 10 1.7 73,500 6,000


Common Shares Stuve, Douglas Murray 4 31/03/2017 10 1.74 82,500 9,000

Plateau Uranium Inc. Common Shares Disbrow, Robert 3 31/03/2017 10 0.54 4,031,000 6,000

Plateau Uranium Inc. Common Shares Disbrow, Robert 3 03/04/2017 10 0.54 4,050,000 19,000

Plato Gold Corp. Options Van Tassell, Robert Eric 4 23/04/2014 52 750,000 -225,000

Polaris Infrastructure Inc. Common Shares Goodwood Inc. 3 05/04/2017 10 14.62 1,794,484 -2,000

Polaris Infrastructure Inc. Common Shares Goodwood Inc. 3 05/04/2017 10 14.63 1,793,984 -500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3602



Acquired/ Disposed
















Polaris Infrastructure Inc. Common Shares Goodwood Inc. 3 07/04/2017 10 15 1,766,584 -100

Potash Corporation of Saskatchewan Inc.


Burley, Christopher Michael 4 02/02/2017 30 24.04 19,410 106



Burley, Christopher Michael 4 31/03/2017 56 22.72 21,033 1,623



CHYNOWETH, Donald 4 02/02/2017 30 24.04 22,856 124



CHYNOWETH, Donald 4 31/03/2017 56 22.72 24,371 1,515



Estey, John W. 4 02/02/2017 30 18.46 103,240 556



Estey, John W. 4 31/03/2017 56 17.08 106,168 2,928



Grandey, Gerald Wayne 4 02/02/2017 30 24.04 30,106 164



Grandey, Gerald Wayne 4 31/03/2017 56 22.72 33,280 3,174



Hoffman, C. Steven 4 02/02/2017 30 18.46 47,269 255



Laberge, Alice D. 4 02/02/2017 30 24.04 79,376 431



Laberge, Alice D. 4 31/03/2017 56 22.72 80,436 1,060



Madere, Consuelo 4 02/02/2017 30 18.46 14,461 78



Martell, Keith 4 02/02/2017 30 24.04 42,032 228



Martell, Keith 4 31/03/2017 56 22.72 43,655 1,623



McCaig, Jeffrey James 4 02/02/2017 30 24.04 151,701 824



McCaig, Jeffrey James 4 31/03/2017 56 22.72 154,731 3,030



Regent, Aaron William 4 02/02/2017 30 24.04 15,842 86



Regent, Aaron William 4 31/03/2017 56 22.72 18,871 3,029



Viyella de Paliza, Elena 4 02/02/2017 30 18.46 54,986 296



Yujnovich, Zoe 4 02/02/2017 30 24.04 3,929 21



Yujnovich, Zoe 4 31/03/2017 56 22.72 6,934 3,005

Power Corporation of Canada

Deferred Share Units Beaudoin, Pierre 4 31/03/2017 56 31.452 55,249 1,660

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3603



Acquired/ Disposed


Deferred Share Units Coutu, Marcel R. 4 31/03/2017 56 31.447 33,109 1,557


Deferred Share Units Desmarais, AndrÚ 4, 5 31/03/2017 56 31.459 82,495 1,758


Deferred Share Units Desmarais, Paul Jr. 4, 5 31/03/2017 56 31.457 57,861 1,353


Deferred Share Units Doer, Gary Albert 4 31/03/2017 56 31.439 1,747 412


Deferred Share Units Graham, Anthony R. 4 31/03/2017 56 31.455 66,978 1,689


Deferred Share Units Jackson, John David Allan 4 31/03/2017 56 31.444 10,230 753


Deferred Share Units Marcoux, Isabelle 4 31/03/2017 56 31.448 36,641 1,511


Deferred Share Units Noyer, Christian 4 31/03/2017 56 31.439 4,211 1,122


Deferred Share Units Orr, Robert Jeffrey 4 31/03/2017 56 31.454 55,676 1,499


Deferred Share Units Plessis-BÚlair, Michel 5 31/03/2017 56 31.48 27,366 288


Equity Forward Contract Power Corporation of Canada

1 31/03/2017 70 31.48 37 1


Equity Forward Contract Power Corporation of Canada

1 05/04/2017 70 31.364 38 1


Equity Swap - Long Position PCC 2014-05


1 31/03/2017 70 31.69 11 1




1 31/03/2017 70 31.69 7 1




1 31/03/2017 70 31.69 8 1




1 31/03/2017 70 31.69 5 1




1 17/02/2000 00




1 04/04/2017 70 31.173 1 1


Equity Swap - Long Position PCC1


1 31/03/2017 70 31.69 13 1


Deferred Share Units Rae, John Alain 5 31/03/2017 56 31.48 263


Deferred Share Units Rae, John Alain 5 31/03/2017 56 31.48 263


Deferred Share Units Rousseau, Henri-Paul 5 31/03/2017 56 31.48 7,992 84


Deferred Share Units Szathmary, Emoke Jolan Erzsebet

4 31/03/2017 56 31.46 42,325 839

Power Financial Corporation Deferred Share Units Bibeau, Marc A. 4 31/03/2017 56 35.029 39,825 1,303

Power Financial Corporation Deferred Share Units Desmarais, AndrÚ 4, 5 31/03/2017 56 34.865 79,634 1,692

Power Financial Corporation Deferred Share Units Desmarais, Paul Jr. 4, 6, 5 31/03/2017 56 34.881 54,927 1,211

Power Financial Corporation Deferred Share Units Doer, Gary Albert 4 31/03/2017 56 35.289 1,580 363

Power Financial Corporation Deferred Share Units FrÞre, GÚrald 4 31/03/2017 56 34.791 48,825 896

Power Financial Corporation Deferred Share Units Graham, Anthony R. 4 31/03/2017 56 34.927 54,766 1,343

Power Financial Corporation Deferred Share Units Jackson, John David Allan 4 31/03/2017 56 35.171 7,958 491

Power Financial Corporation Deferred Share Units Orr, Robert Jeffrey 4, 6, 7, 5 31/03/2017 56 34.935 54,210 1,357

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3604



Acquired/ Disposed

Power Financial Corporation Deferred Share Units Plessis-BÚlair, Michel 5 31/03/2017 56 34.45 27,095 304

Power Financial Corporation Equity Forward Contract POWER FINANCIAL CORPORATION

1 05/04/2017 70 35.212 53 1

Power Financial Corporation Equity Swap - Long Position PFC 2017-03

POWER FINANCIAL CORPORATION

1 05/10/2001 00

Power Financial Corporation Equity Swap - Long Position PFC 2017-03

POWER FINANCIAL CORPORATION

1 04/04/2017 70 35.096 1 1

Power Financial Corporation Deferred Share Units Rousseau, Henri-Paul 5 31/03/2017 56 34.45 7,532 85

Power Financial Corporation Deferred Share Units roy, louise 4 31/03/2017 56 35.057 30,084 1,086

Power Financial Corporation Deferred Share Units Royer, Raymond 4 31/03/2017 56 34.911 116,712 2,756

Power Financial Corporation Deferred Share Units Szathmary, Emoke Jolan Erzsebet

4 31/03/2017 56 34.856 36,047 752

PrairieSky Royalty Ltd. Common Shares PrairieSky Royalty Ltd. 1 31/03/2017 38 28.662 143,200 126,700

PrairieSky Royalty Ltd. Common Shares PrairieSky Royalty Ltd. 1 31/03/2017 38 7,500 -135,700

Precious Metals Bullion Trust Units Precious Metals Bullion Trust

1 01/03/2017 38 9.91 1,000 1,000


1 01/03/2017 38 9.91 0 -1,000


1 01/03/2017 38 9.76 1,000 1,000


1 01/03/2017 38 9.76 0 -1,000


1 28/03/2017 38 9.57 1,000 1,000


1 28/03/2017 38 9.57 0 -1,000


1 31/03/2017 38 9.57 300 300


1 31/03/2017 38 9.57 0 -300

Precipitate Gold Corp. Common Shares Strategic Metals Ltd. 3 31/03/2017 10 23,340,827 -7,000



Precision Drilling Corporation Deferred Share Units - effective January 1, 2012

Donovan, William T. 4 31/03/2017 56 75,298 6,318

Precision Drilling Corporation Common Shares FORD, CAREY THOMAS 7 31/12/2015 30 5.2 6,144

Precision Drilling Corporation Common Shares FORD, CAREY THOMAS 7 31/12/2015 30 5.17 6,144

Precision Drilling Corporation Common Shares FORD, CAREY THOMAS 7 31/12/2015 30 5.17 21,962 5,964


Gibson, Brian James 4 31/03/2017 46 4.55 109,209 6,318


Hagerman, Allen R. 4 31/03/2017 56 100,120 6,318


Hughes, Catherine Jeanne 4 31/03/2017 56 98,917 10,714


Krablin, Steven Wayne 4 31/03/2017 56 57,927 10,714


Letwin, Stephen Joseph James

4 31/03/2017 56 86,156 6,318


Meyers, Kevin Omar 4 31/03/2017 56 78,234 6,318


Phillips, Robert L. 4 31/03/2017 56 75,296 6,318

Precision Drilling Corporation Common Shares Stahl, Gene 5 31/12/2015 30 5.22 8,996

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3605



Acquired/ Disposed

Precision Drilling Corporation Common Shares Stahl, Gene 5 31/12/2015 30 5.19 8,996

Precision Drilling Corporation Common Shares Stahl, Gene 5 31/12/2015 30 5.19 65,801 8,713

Premier Diversified Holdings Inc.

Common Shares Tusar, Denis 3, 7 31/03/2017 10 0.1003 10,206,857 -100,000

Primero Mining Corp. Common Shares Brown, Tamara Lee 5 31/03/2017 57 62,143 24,718

Primero Mining Corp. Rights Phantom Share Units

Brown, Tamara Lee 5 31/03/2017 57 201,408 -24,718

Primero Mining Corp. Common Shares Conway, Joseph Francis 4, 5 31/03/2017 57 1,313,977 338,983


Conway, Joseph Francis 4, 5 31/03/2017 57 979,235 -338,983

Primero Mining Corp. Common Shares Lendon, Heather Maura 5 31/03/2017 57 85,265 33,899

Primero Mining Corp. Options Lendon, Heather Maura 5 31/03/2017 52 2.6 1,074,657 -75,000


Lendon, Heather Maura 5 31/03/2017 57 278,042 -33,899

Primero Mining Corp. Common Shares Mallory, William James 5 29/03/2017 57 36,849 7,870

Primero Mining Corp. Common Shares Mallory, William James 5 29/03/2017 10 0.73 32,505 -4,344

Primero Mining Corp. Common Shares Mallory, William James 5 31/03/2017 57 49,984 17,479

Primero Mining Corp. Common Shares Mallory, William James 5 31/03/2017 10 0.749 40,338 -9,646


Mallory, William James 5 29/03/2017 57 144,315 -7,870


Mallory, William James 5 31/03/2017 57 126,836 -17,479

Primero Mining Corp. Common Shares Nesmith, Wade Donald 4 31/03/2017 57 298,792 22,599


Nesmith, Wade Donald 4 31/03/2017 57 328,448 -22,599

Primero Mining Corp. Common Shares Toner, Louis 5 31/03/2017 57 21187 21,187

Primero Mining Corp. Common Shares Toner, Louis 5 31/03/2017 57 65,174 21,187

Primero Mining Corp. Common Shares Toner, Louis 5 31/03/2017 10 0.749 53,529 -11,645


Toner, Louis 5 31/03/2017 57 175,019 -21,187

Pro Real Estate Investment Trust

Warrants Aghar, Peter 3, 4, 6 31/03/2017 55 0 -369,565


Warrants Aghar, Peter 3, 4, 6 31/03/2017 55 0 -1,087,000


Warrants Beckerleg, James Walter 4, 5 31/03/2017 55 0 -14,000


Warrants Jadavji, Shenoor 3, 4, 6 31/03/2017 55 0 -369,565


Warrants Jadavji, Shenoor 3, 4, 6 31/03/2017 55 0 -1,087,000


Units Lawlor, Gordon G. 5 05/04/2017 10 2.21 1,000


Units Lawlor, Gordon G. 5 05/04/2017 10 2.21 1,000


Units Lawlor, Gordon G. 5 03/04/2017 10 2.19 138,116 1,500

Pro Real Estate Investment

Trust

Units Lawlor, Gordon G. 5 03/04/2017 10 2.2 138,616 500











Insider Reporting

April 13, 2017

(2017), 40 OSCB 3606



Acquired/ Disposed


Warrants Lawlor, Gordon G. 5 31/03/2017 55 0 -9,000


Warrants Limoges, GÚrard A. 4 31/03/2017 55 0 -4,000


Warrants LOTUS CRUX REIT LP 3 31/03/2017 55 0 -369,565


Warrants LOTUS CRUX REIT LP 3 31/03/2017 55 0 -1,087,000


Units Pro Real Estate Investment Trust

1 28/03/2017 38 2.0542 24,000



1 28/03/2017 38 2.0542 24,000



1 28/03/2017 38 2.0542 24,000 24,000


Warrants Smith, Ronald 4 31/03/2017 55 0 -5,000

Probe Metals Inc. Common Shares Sokalsky, Jamie Calvin 4 04/04/2017 10 1.45 650,000 27,200

Prophecy Development Corp.

Common Shares without par value

Kasimov, Bekzod 5 06/04/2017 10 3.6 14,300 2,000

Prophecy Development Corp.

Common Shares without par value

Lee, John 4, 5 06/04/2017 10 3.58 967,422 600

Pulse Seismic Inc. Common Shares Burnham, Peter James 4 31/03/2017 57 2.44 17,738 3,007

Pulse Seismic Inc. Rights Restricted Share Unit

Burnham, Peter James 4 31/03/2017 57 2.44 7,237 -3,007


Burnham, Peter James 4 31/03/2017 56 2.44 10,710 3,473

Pulse Seismic Inc. Common Shares Coleman, Neal James 5 31/03/2017 57 7134 7,134

Pulse Seismic Inc. Common Shares Coleman, Neal James 5 31/03/2017 57 2.44 281,076 7,134

Pulse Seismic Inc. Rights Performance Share Unit

Coleman, Neal James 5 31/03/2017 58 - Expiration

of rights

2.44 43,478 -16,421


Coleman, Neal James 5 31/03/2017 56 2.44 94,343 50,865


Coleman, Neal James 5 31/03/2017 57 2.44 22,909 -7,134


Coleman, Neal James 5 31/03/2017 56 2.44 47,263 24,354

Pulse Seismic Inc. Common Shares Corbett, Daphne Elizabeth 4 31/03/2017 57 2.44 66,688 3,450

Pulse Seismic Inc. Rights Restriced Share Unit

Corbett, Daphne Elizabeth 4 31/03/2017 57 2.44 8,306 -3,450

Pulse Seismic Inc. Rights Restriced Share Unit

Corbett, Daphne Elizabeth 4 31/03/2017 56 2.44 12,291 3,985

Pulse Seismic Inc. Common Shares El-Tawil, Karen Elizabeth 4 31/03/2017 57 2.44 7,621 2,924

Pulse Seismic Inc. Rights Restricted Share Unit (Common Shares)

El-Tawil, Karen Elizabeth 4 31/03/2017 57 2.44 7,216 -2,924

Pulse Seismic Inc. Rights Restricted Share Unit (Common Shares)

El-Tawil, Karen Elizabeth 4 31/03/2017 56 2.44 10,297 3,081

Pulse Seismic Inc. Common Shares Meier, Trevor Alan 5 31/03/2017 57 6042 6,042

Pulse Seismic Inc. Common Shares Meier, Trevor Alan 5 31/03/2017 57 2.44 37,991 6,042

Pulse Seismic Inc. Rights LTIP (PSU) Performance Share Units

Meier, Trevor Alan 5 31/03/2017 58 - Expiration

of rights

2.44 34,352 -13,910

Pulse Seismic Inc. Rights LTIP (PSU) Performance Share Units

Meier, Trevor Alan 5 31/03/2017 56 2.44 75,189 40,837

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3607



Acquired/ Disposed

Pulse Seismic Inc. Rights LTIP Restricted Share Units (RSU)

Meier, Trevor Alan 5 31/03/2017 57 2.44 18,140 -6,042

Pulse Seismic Inc. Rights LTIP Restricted Share Units (RSU)

Meier, Trevor Alan 5 31/03/2017 56 2.44 37,645 19,505

Pulse Seismic Inc. Common Shares Robotti, Robert Edward 4 31/03/2017 57 2.44 29,231 3,007


Robotti, Robert Edward 4 31/03/2017 57 2.44 7,235 -3,007


Robotti, Robert Edward 4 31/03/2017 56 2.44 10,708 3,473

Pulse Seismic Inc. Common Shares Wicks, Pamela Darlene Elizabeth

5 31/03/2017 57 2.44 214,505 6,580


Wicks, Pamela Darlene Elizabeth

5 31/03/2017 58 - Expiration of rights

38,724 -15,147



5 31/03/2017 56 2.44 84,933 46,209



5 31/03/2017 57 2.44 20,441 -6,580



5 31/03/2017 57 2.44 6,580



5 31/03/2017 57 2.44 6,580



5 31/03/2017 56 2.44 42,551 22,110

Pulse Seismic Inc. Common Shares Zentner, Clark 4 31/03/2017 57 2.44 51,433 3,007


Zentner, Clark 4 31/03/2017 57 2.44 7,237 -3,007


Zentner, Clark 4 31/03/2017 56 2.44 10,710 3,473

Puma Exploration Inc. Common Shares Cordick, Arness William Ross

3, 4 31/03/2017 10 0.08 110,000


3, 4 31/03/2017 10 0.08 13,547,000 109,000


3, 4 03/04/2017 10 0.08 13,548,000 1,000

Puma Exploration Inc. Common Shares Robillard, Marcel 4, 5 05/04/2017 10 0.08 2,740,965 5,000

Puma Exploration Inc. Common Shares Robillard, Marcel 4, 5 05/04/2017 10 0.08 2,745,965 5,000

Pure Industrial Real Estate Trust

Deferred Units Evans, Steve 4, 5 22/08/2007 00


Deferred Units Evans, Steve 4, 5 31/03/2017 56 6.033 1,658 1,658


Deferred Units King, Robert William 4 13/11/2007 00


Deferred Units King, Robert William 4 31/03/2017 56 6.033 1,658 1,658


Trust Units Neto, Teresa 5 05/04/2017 15 6 6,037 4,167


Deferred Units Scott, Douglas R. 4 24/08/2007 00


Deferred Units Scott, Douglas R. 4 31/03/2017 56 6.033 1,658 1,658

Pure Multi-Family REIT LP Limited Partnership Units Class A

Redekop, James 4 31/03/2017 10 8.91 30,000 10,000

Pure Technologies Ltd. Rights Deferred Share Units

Crossley, Raymond 4 03/04/2017 56 4.67 42,762 2,409


Elford, Sara 4 03/04/2017 56 4.67 12,479 2,409


Fischer, Charles Wayne 4 03/04/2017 56 4.67 18,540 2,409


Kanovsky, Michael Manuel 4 31/03/2017 56 18,291 2,409

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3608



Acquired/ Disposed


Kanovsky, Michael Manuel 4 31/03/2017 30 18,532 241


McDermid, David Hugh 4 03/04/2017 56 4.67 32,961 4,283

Purepoint Uranium Group Inc.

Options Ramachandran, Ram 5 01/04/2017 51 0.11 200,000


Options Ramachandran, Ram 5 01/04/2017 51 0.11 200,000


Options Ramachandran, Ram 5 01/04/2017 51 0.11 -200,000


Options Ramachandran, Ram 5 01/04/2017 51 0.11 -200,000

Quebecor Inc. Subordinate Voting Shares CatÚgorie B

Quebecor inc. 1 22/03/2017 38 39.452 9,500 9,500


Quebecor inc. 1 23/03/2017 38 40.028 19,500 10,000


Quebecor inc. 1 24/03/2017 38 40.384 29,500 10,000


Quebecor inc. 1 27/03/2017 38 40.208 39,500 10,000


Quebecor inc. 1 28/03/2017 38 40.547 47,500 8,000


Quebecor inc. 1 29/03/2017 38 40.253 55,600 8,100


Quebecor inc. 1 30/03/2017 38 40.846 65,600 10,000


Quebecor inc. 1 31/03/2017 38 41.045 75,500 9,900


Quebecor inc. 1 31/03/2017 38 0 -75,500

Radient Technologies Inc. Options Cabigon, Michael 4 03/04/2017 50 0.66 600,000 250,000

Radient Technologies Inc. Options Ferlaino, Francesco 4 01/06/2016 00

Radient Technologies Inc. Options Ferlaino, Francesco 4 03/04/2017 50 0.66 250,000 250,000

Radient Technologies Inc. Options HARIHARAN, PRAKASH 5 01/07/2014 00

Radient Technologies Inc. Options HARIHARAN, PRAKASH 5 01/07/2014 00

Radient Technologies Inc. Options HARIHARAN, PRAKASH 5 04/04/2017 50 0.66 350,000 350,000

Radient Technologies Inc. Options Kaura, Harinder S 4 22/05/2014 00

Radient Technologies Inc. Warrants Kaura, Harinder S 4 22/05/2014 00

Radient Technologies Inc. Warrants Kaura, Harinder S 4 03/04/2017 50 0.66 482,776 482,776

Radient Technologies Inc. Options Lavoie, Armand Joseph Philippe

4 22/05/2014 00

Radient Technologies Inc. Options Lavoie, Armand Joseph Philippe

4 03/04/2017 50 0.66 877,775 877,775

Radient Technologies Inc. Options Petzel, Jan Mark Philipp 4 23/12/2016 00

Radient Technologies Inc. Options Petzel, Jan Mark Philipp 4 03/04/2017 50 0.66 250,000 250,000

Radient Technologies Inc. Options Splinter, Steven Joseph 5 03/04/2017 50 0.66 1,177,775 877,775

Radient Technologies Inc. Common Shares Taschuk, Denis Michael 4, 5 04/04/2017 10 0.64 1,677,002 -94,000






Radient Technologies Inc. Options Taschuk, Denis Michael 4, 5 03/04/2017 50 0.66 2,100,000 1,500,000

Radient Technologies Inc. Options Veeravalli, Jith 4 23/08/2016 00

Radient Technologies Inc. Options Veeravalli, Jith 4 03/04/2017 50 0.66 250,000 250,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3609



Acquired/ Disposed

Raging River Exploration Inc. Units Deferred Share Units

BUGEAUD, GARY RONALD JOSEPH

4 31/03/2017 56 22,298 2,010


Fink, George Frederick 4 31/03/2017 56 21,082 1,742


Olson, Kevin 4 31/03/2017 56 24,120 2,412


Pearce, David Lawrence 4 31/03/2017 56 21,994 1,943

Ravensource Fund (formerly The First Asia Income Fund)

Trust Units Reid, Scott 3 04/04/2017 10 14.5 156,900 -8,900

RDM Corporation Common Shares Dreifus, Henry 4 04/04/2017 22 0 -13,781



RDM Corporation Common Shares Favreau, Brad 4 04/04/2017 22 5.45 17,562 8,781

RDM Corporation Common Shares Fowlie, Randy 4, 5 04/04/2017 22 0 -735,729

RDM Corporation Restricted Stock Unit- Cash Settled

Fowlie, Randy 4, 5 04/04/2017 97 0 -202,824

RDM Corporation Common Shares Leonard, Mark 5 04/04/2017 22 0 -67,269

RDM Corporation Common Shares Malhinha, Rui 5 04/04/2017 22 0 -249,029

RDM Corporation Common Shares Matheson, Joseph Lee Grant

4 04/04/2017 22 5.45 0 -469,500


4 04/04/2017 22 5.45 0 -14,800


4 31/03/2017 51 5.45 15,964 9,464


4 04/04/2017 22 5.45 0 -15,964

RDM Corporation Options Matheson, Joseph Lee Grant

4 31/03/2017 51 5.45 0 -20,000

RDM Corporation Common Shares Noelting, Jean 4 04/04/2017 22 0 -262,500

RDM Corporation Common Shares Noelting, Jean 4 04/04/2017 22 0 -250,000

RDM Corporation Common Shares Pagan, John Scott 4 04/04/2017 22 5.45 0 -7,281

RDM Corporation Common Shares Roberts, David John 4 04/04/2017 22 5.45 0 -13,781

RDM Corporation Common Shares Rose, Harold 5 04/04/2017 22 0 -267,202

RDM Corporation Common Shares WETTLAUFER, KEITH 4 04/04/2017 22 0 -31,388

Redknee Solutions Inc. Common Shares Kothari, Vishal 5 08/01/2016 30 2.87 1,568

Redknee Solutions Inc. Common Shares Kothari, Vishal 5 08/01/2016 30 2.87 37,098 1,568




















Insider Reporting

April 13, 2017

(2017), 40 OSCB 3610



Acquired/ Disposed






Regency Gold Corp. Common Shares Radvak, William Joseph 4 30/03/2017 10 0.2 57,050 5,000

REIT INDEXPLUS Income Fund

Trust Units REIT INDEXPLUS Income Fund

1 06/04/2017 38 12.47 9,760,179 1,000

Reitmans (Canada) Limited Performance Share Units (PSU)

Janzen, Carl Bernard 5 19/01/2015 00


Janzen, Carl Bernard 5 08/06/2016 56 4.52 13,000 13,000


Lamothe, Walter Edward 5 06/09/2011 00


Lamothe, Walter Edward 5 08/06/2016 56 4.52 31,000 31,000


Leclerc, Janice Ivy 5 19/01/2015 00


Leclerc, Janice Ivy 5 08/06/2016 56 4.52 13,000 13,000


Minzberg, Kenneth Neil 5 11/05/2015 00


Minzberg, Kenneth Neil 5 08/06/2016 56 4.52 8,000 8,000


Murad, Alain 5 30/05/2012 00


Murad, Alain 5 08/06/2016 56 4.52 8,000 8,000


Plens, Jonathan 5 13/12/2001 00


Plens, Jonathan 5 08/06/2016 56 4.52 13,000 13,000


Strachan, Michael 5 13/12/2016 00 17,000


Tisi, Lora Dennise 5 12/06/2015 00


Tisi, Lora Dennise 5 08/06/2016 56 4.52 17,000 17,000


Williams, Eric John 5 13/12/2001 00


Williams, Eric John 5 08/06/2016 56 4.52 17,000 17,000

Restaurant Brands International Inc.

Units Restricted Shares Cil, JosÚ E. 5 04/04/2017 35 53,021 170


Units Restricted Shares Diaz Sese, Elias 5 04/04/2017 35 62,458 201


Units Restricted Shares Domanko, Jonathan 7 04/04/2017 35 934 3


Units Restricted Shares Friesner, Jacqueline 5 04/04/2017 35 13,600 44


Units Restricted Shares Giles-Klein, Lisa 7 04/04/2017 35 11,781 38


Units Restricted Shares Goncalves, Heitor 5 04/04/2017 35 44,467 143


Units Restricted Shares Granat, Jill 5 04/04/2017 35 29,876 96


Units Restricted Shares John, Andrea 7 04/04/2017 35 34,601 111


Units Restricted Shares Kobza, Joshua 5 04/04/2017 35 403,612 1,298

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3611



Acquired/ Disposed


Units Restricted Shares McGrade, Patrick Michael 7 04/04/2017 35 10,196 33


Units Restricted Shares Schwartz, Daniel S. 4, 6, 5 04/04/2017 35 85,881 276


Common Shares Sicupira, Carlos Alberto 4, 6 12/12/2014 00


Common Shares Sicupira, Carlos Alberto 4, 6 03/04/2017 11 55.81 779,090 779,090


Common Shares Sicupira, Carlos Alberto 4, 6 03/04/2017 11 55.81 0 -779,090


Units Restricted Shares Tome, Vicente 7 04/04/2017 35 4,681 15

Richards Packaging Income Fund

Exchangeable Shares of Richards Packaging Holdings Inc.

Glynn, Gerard Walter 3, 4, 7 30/03/2017 36 25.7 6,287 -33,000


Special Voting Units Glynn, Gerard Walter 3, 4, 7 30/03/2017 36 25.7 6,287 -33,000


Trust Units Glynn, Gerard Walter 3, 4, 7 30/03/2017 36 25.7 123,000 33,000


Trust Units McKernan, Timothy 5 31/03/2017 10 26.059 807,590 -5,000

Ridgewood Canadian Investment Grade Bond Fund

Units Ridgewood Capital Asset Management

3 31/03/2017 10 14.65 5,207,647 -1,256



3 31/03/2017 10 14.65 5,209,300 1,653



3 03/04/2017 10 14.65 5,209,286 -14



3 03/04/2017 10 14.65 5,209,298 12



3 05/04/2017 10 14.65 5,211,710 2,412



3 05/04/2017 10 14.658 5,210,588 -1,122



3 06/04/2017 10 14.65 5,210,494 -94



3 06/04/2017 10 14.65 5,210,569 75



3 07/04/2017 10 14.65 5,209,921 -648

Rift Valley Resources Corp. Common Shares Robson, Craig George Thomas

4 07/04/2017 10 0.015 1,839,000 -100,000

Rio Novo Gold Inc. Ordinary Share de Brito, Paulo Carlos 3 09/01/2017 16 0.085 117,037,414 15,000,000

Rio Novo Gold Inc. Ordinary Share Northwestern Enterprises Ltd.

3 09/01/2017 16 0.085 117,037,414 15,000,000

RMP Energy Inc. Common Shares Young, Josh 4 31/03/2017 10 0.6989 10,350,500 350,000



Rocky Mountain Dealerships Inc.

Rights DSU Crawford, Cameron Walter 4 31/03/2017 56 6,207 73


Rights DSU Crawford, Cameron Walter 4 01/04/2017 56 7,356 1,149


Rights DSU DeJong, William 4 31/03/2017 56 6,207 73

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3612



Acquired/ Disposed


Rights DSU DeJong, William 4 01/04/2017 56 7,356 1,149


Rights DSU Herdman, Robert 4 30/01/2017 00


Rights DSU Herdman, Robert 4 01/04/2017 56 1,149 1,149


Rights DSU Hoffman, Dennis J. 4 31/03/2017 56 35,450 412


Rights DSU Hoffman, Dennis J. 4 01/04/2017 56 36,599 1,149


Rights DSU Mackay, Robert King 4 31/03/2017 56 17,795 207


Rights DSU Mackay, Robert King 4 01/04/2017 56 18,944 1,149


Rights DSU Tannas, Scott 4 31/03/2017 56 11,842 138


Rights DSU Tannas, Scott 4 01/04/2017 56 12,991 1,149

Rogers Communications Inc. Deferred Share Units Birchall, Charles William David

4 31/03/2017 56 58,886 647

Rogers Communications Inc. Deferred Share Units Brooks, Bonnie 4 31/03/2017 56 6,560 242

Rogers Communications Inc. Deferred Share Units Burgess, Robert Kenneth 4 31/03/2017 56 3,418 570

Rogers Communications Inc. Deferred Share Units Marcoux, Isabelle 4 31/03/2017 56 32,696 635

Rogers Communications Inc. Deferred Share Units Peterson, David Robert 4 31/03/2017 56 99,615 540

Rogers Communications Inc. Deferred Share Units Sirois, Charles 4 31/03/2017 56 58.31 27,116 763

Rogers Sugar Inc. Common Shares BERGMAME, Dean 4 03/04/2017 10 6.23 38,579 1,029

Rogers Sugar Inc. Common Shares Collins, Gary 4 03/04/2017 10 6.22 954 954

Rogers Sugar Inc. Common Shares DESBIENS, MICHEL 4 03/04/2017 10 6.22 64,716 1,591

Rogers Sugar Inc. Common Shares Heskin, Michael Andrew 7 03/04/2017 10 6.23 31,762 1,127

Rogers Sugar Inc. Common Shares Jewell, Donald 7 03/04/2017 10 6.22 95,942 1,327

Rogers Sugar Inc. Common Shares Lafrance, Daniel 5 03/04/2017 10 6.23 41,529 953

Rogers Sugar Inc. Common Shares Maslechko, William S. 4 03/04/2017 10 6.22 25,849 703

Rogers Sugar Inc. Common Shares Ross, M. Dallas H. 4 03/04/2017 10 6.22 41,064 56




Rokmaster Resources Corp. Common Shares Mirko, John Martin 4, 5 03/04/2017 10 0.05 13,345,251 8,000

Rokmaster Resources Corp. Common Shares Mirko, John Martin 4, 5 06/04/2017 10 0.055 13,350,251 5,000

Rokmaster Resources Corp. Common Shares Mirko, John Martin 4, 5 05/04/2017 16 0.05 10,892,150 1,040,000

Rokmaster Resources Corp. Warrants Mirko, John Martin 4, 5 18/08/2011 00

Rokmaster Resources Corp. Warrants Mirko, John Martin 4, 5 05/04/2017 16 1,040,000 1,040,000

Route1 Inc. Common Shares Busseri, Tony P 4 03/04/2017 10 0.03 3,901,334 250,000

Roxgold Inc. Common Shares Pitcher, Norman 4 05/05/2016 10 1.28 38,400 38,400

Royal Bank of Canada Common Shares Royal Bank of Canada 1 01/03/2017 38 85.62 670,000 670,000

Royal Bank of Canada Common Shares Royal Bank of Canada 1 02/03/2017 38 85.93 1,340,000 670,000

Royal Bank of Canada Common Shares Royal Bank of Canada 1 02/03/2017 38 670,000 -670,000




Insider Reporting

April 13, 2017

(2017), 40 OSCB 3613



Acquired/ Disposed




Royal Bank of Canada Common Shares Royal Bank of Canada 1 10/03/2017 38 0 -3,513




























Royal Bank of Canada Common Shares Royal Bank of Canada 1 03/04/2017 38 0 -250,000

Royal Nickel Corporation Rights Restricted Share Units

Goudie, Peter James 4 04/04/2017 56 426,133 50,781


Hand, Scott McKee 4, 5 04/04/2017 56 1,020,035 97,656


Hollaar, Timothy Lee 5 04/04/2017 56 465,290 124,576


Jones, Peter Clark 4 04/04/2017 56 457,842 54,688


Leddy, John Joseph 5 04/04/2017 56 357,513 170,847


Marzoli, Frank 4 04/04/2017 56 342,306 42,969


Masson, Gilles 4 04/04/2017 56 466,936 54,688


McInnes, Donald Arthur 4 04/04/2017 56 0.32 362,340 42,969


Muinonen, Johnna Louise 5 04/04/2017 56 542,699 124,576


Selby, Mark Thomas Henry 5 04/04/2017 56 1,659,015 415,254


St-Jean, Joseph Alger Raymond

5 04/04/2017 56 474,887 124,576

Royalty North Partners Ltd. Common Shares BUSS, CHRISTOPHER A. 4, 5 03/04/2017 10 0.165 971,861 40,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3614



Acquired/ Disposed

Royalty North Partners Ltd. Common Shares BUSS, CHRISTOPHER A. 4, 5 03/04/2017 10 0.185 981,861 10,000

Rupert Resources Ltd. Common Shares Brimacombe, Alan Douglas 3 04/04/2017 10 1.24 19,032,800 15,000






Russel Metals Inc. Rights Deferred Share Units (cash settled)

Benedetti, Alain 4 31/03/2017 56 43,662 685


Clark, John 4 31/03/2017 56 28,349 1,371


Dinning, James Francis 4 31/03/2017 56 29,082 685


Hanna, John 4 31/03/2017 56 28,344 1,333


Jeremiah, Barbara 4 31/03/2017 56 2,787 686


Laberge, Alice D. 4 31/03/2017 56 22,142 686


Lachapelle, Lise 4 31/03/2017 56 29,082 685


O'Reilly, William Michael 5 31/03/2017 56 23,657 686


Tulloch, John Russell 4 31/03/2017 56 11,036 685

RYU Apparel Inc. Options Ciambrelli, Martino 4 28/03/2017 50 0.15 350,000 150,000

RYU Apparel Inc. Options Marcus, William 4 28/03/2017 50 0.15 200,000 150,000

RYU Apparel Inc. Options Pawson, Brett 5 28/03/2017 50 0.15 500,000 250,000

RYU Apparel Inc. Options Villa, Pedro 5 28/03/2017 50 0.15 600,000 350,000

S Split Corp. Common Shares Class A Shares

Premium Income Corporation

8 05/04/2017 10 7.46 0 -1,300

Sandvine Corporation Common Shares Caputo, David 4 05/04/2017 30 3.06 132,806 588

Sandvine Corporation Common Shares Donnelly, Tom 5 05/04/2017 30 3.06 25,040 129

Sandvine Corporation Common Shares Donnelly, Tom 5 03/04/2017 10 3.084 1,966,930 -25,000

Sandvine Corporation Common Shares Hamilton, Scott 4 05/04/2017 30 3.06 7,893 61

Sandvine Corporation Common Shares Sandvine Corporation 1 01/03/2017 38 2.9107 126,600 126,600

Sandvine Corporation Common Shares Sandvine Corporation 1 01/03/2017 38 2.9107 0 -126,600





Sandvine Corporation Common Shares Sandvine Corporation 1 06/03/2017 38 2.7294 -109,100

Sandvine Corporation Common Shares Sandvine Corporation 1 06/03/2017 38 2.7294 -109,100



Sandvine Corporation Common Shares Sandvine Corporation 1 07/03/2017 38 2.7777 126,600






Insider Reporting

April 13, 2017

(2017), 40 OSCB 3615



Acquired/ Disposed


































Sandvine Corporation Common Shares Siim, Brad 5 05/04/2017 30 3.06 76,669 286

Saputo Inc. Common Shares Bockmann, Kai 5 01/04/2017 00 19,379

Saputo Inc. Options Bockmann, Kai 5 01/04/2017 00 292,242

Saputo Inc. Options Bockmann, Kai 5 01/04/2017 50 383,514 91,272

Saputo Inc. UnitÚs d'actions de performance / Performance Share Units

Bockmann, Kai 5 01/04/2017 00


Bockmann, Kai 5 01/04/2017 00 42,013


Bockmann, Kai 5 01/04/2017 56 46.29 63,076 21,063

Saputo Inc. Options Brockman, Terry 7, 5 01/04/2017 50 827,504 101,804


Brockman, Terry 7, 5 01/04/2017 56 46.29 83,037 23,493

Saputo Inc. Options Canuto, Gianfranco 5 01/04/2017 50 127,003 24,923

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3616



Acquired/ Disposed


Canuto, Gianfranco 5 01/04/2017 56 46.29 7,604 1,699

Saputo Inc. Options CarriÞre, Louis-Philippe 7, 5 01/04/2017 50 561,285 127,781


CarriÞre, Louis-Philippe 7, 5 01/04/2017 56 46.29 103,408 29,488

Saputo Inc. Options Colizza, Carl 5 01/04/2017 50 319,917 80,741


Colizza, Carl 5 01/04/2017 56 46.29 45,467 18,633

Saputo Inc. Options Corney, Paul 7, 5 01/04/2017 50 275,401 84,251


Corney, Paul 7, 5 01/04/2017 56 46.29 62,905 19,443

Saputo Inc. Options Edwards, Robert L. 7 01/04/2017 50 66,980 13,480


Edwards, Robert L. 7 01/04/2017 56 46.29 4,175 899

Saputo Inc. Options Gagnon, Martin 5 29/08/2016 00

Saputo Inc. Options Gagnon, Martin 5 01/04/2017 50 36,185 36,185


Gagnon, Martin 5 29/08/2016 00


Gagnon, Martin 5 01/04/2017 56 46.29 2,895 2,895

Saputo Inc. Options Poutchigian, Haig 7 26/09/2016 00

Saputo Inc. Options Poutchigian, Haig 7 01/04/2017 50 22,474 22,474


Poutchigian, Haig 7 26/09/2016 00


Poutchigian, Haig 7 01/04/2017 56 46.29 1,532 1,532

Saputo Inc. Options Rivard, Richard 5 01/04/2017 50 104,586 32,318


Rivard, Richard 5 01/04/2017 56 46.29 10,290 2,203

Saputo Inc. Options Rothstein, David 7 01/04/2017 50 53,593 14,606


Rothstein, David 7 01/04/2017 56 46.29 3,250 974

Saputo Inc. Common Shares Saputo inc. 1 01/03/2017 38 0 -600,000

Saputo Inc. Common Shares Saputo inc. 1 07/03/2017 38 45 200 200

Saputo Inc. Common Shares Saputo inc. 1 10/03/2017 38 0 -200

Saputo Inc. Common Shares Saputo inc. 1 20/03/2017 38 44.932 6,900 6,900

Saputo Inc. Common Shares Saputo inc. 1 23/03/2017 38 0 -6,900

Saputo Inc. Options St-Jean, Louise 5 01/04/2017 50 120,195 25,018

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3617



Acquired/ Disposed


St-Jean, Louise 5 01/04/2017 56 46.29 8,311 1,706

Saputo Inc. Options Therrien, Maxime 5 01/04/2017 50 226,433 45,906


Therrien, Maxime 5 01/04/2017 56 46.29 14,639 3,673

Saputo Inc. Options Turcotte, Patrick 5 01/04/2017 50 60,913 11,990


Turcotte, Patrick 5 01/04/2017 56 46.29 2,556 799

Saputo Inc. Options Viger, Isabelle 5 01/04/2017 50 39,749







Saputo Inc. Options Viger, Isabelle 5 01/04/2017 50 168,127 39,749


Viger, Isabelle 5 01/04/2017 56 46.29 3,180


Viger, Isabelle 5 01/04/2017 56 46.29 3,180


Viger, Isabelle 5 01/04/2017 56 46.29 13,825 3,180

Saputo Inc. Options Wagner, GaÚtane 5 01/04/2017 50 425,160 91,975


Wagner, GaÚtane 5 01/04/2017 56 46.29 70,857 21,225

Savanna Energy Services Corp.

Common Shares Brooks, Gilbert Allen 4 03/04/2017 10 1.94 0 -5,000


Deferred Share Units (Directors) (cash based only)

Brooks, Gilbert Allen 4 05/04/2017 59 1.94 0 -184,862


Common Shares Strong, Christopher Davis 4, 5 05/10/2013 00


Common Shares Strong, Christopher Davis 4, 5 07/10/2013 00


Common Shares Strong, Christopher Davis 4, 5 31/03/2017 10 1.93 41,800 -112,500



Strong, Christopher Davis 4, 5 05/10/2013 00





Deferred Share Units (Officers) (cash based only)



Deferred Share Units (Officers) (cash based only)


Insider Reporting

April 13, 2017

(2017), 40 OSCB 3618



Acquired/ Disposed


Options Strong, Christopher Davis 4, 5 05/10/2013 00


Options Strong, Christopher Davis 4, 5 07/10/2013 00


Options Strong, Christopher Davis 4, 5 30/03/2017 59 1.3 547,321 -147,321


Options Strong, Christopher Davis 4, 5 30/03/2017 59 1.19 400,000 -147,321


Performance Share Units Strong, Christopher Davis 4, 5 05/10/2013 00


Performance Share Units Strong, Christopher Davis 4, 5 07/10/2013 00


Options Torriero, Richard 7 30/03/2017 59 1.3 165,589 -40,480


Options Torriero, Richard 7 30/03/2017 59 1.19 112,318 -53,271


Common Shares Total Energy Services Inc 3 03/04/2017 10 1.95 61,902,797 125,000










Common Shares Total Energy Services Inc 3 07/04/2017 22 97,949,713 35,641,916

Scandium International Mining Corp.

Common Shares Davies, Barry T. 4 31/03/2017 51 0.08 6,370,000 400,000


Options Davies, Barry T. 4 31/03/2017 51 2,100,000 -400,000


Common Shares Thompson, John David 5 31/03/2017 51 0.08 3,436,200 100,000


Options Thompson, John David 5 31/03/2017 51 2,250,000 -100,000

Search Minerals Inc. Common Shares Saunders, Raymond James 4 29/03/2017 10 0.09 17,364,000 15,000







Secure Energy Services Inc. Common Shares Amirault, Rene 3, 4, 5 03/04/2017 51 7.76 1,213,585 27,000

Secure Energy Services Inc. Options Amirault, Rene 3, 4, 5 03/04/2017 51 7.76 789,500 -27,000

Serabi Gold plc Options ALEGRIA OLATE, HECTOR AQUILES

4 07/04/2017 50 0.05 4,000,000 1,000,000

Serabi Gold plc Options Banados Lyon, Nicolas Ramon

4 07/04/2017 50 0.05 4,200,000 1,000,000

Serabi Gold plc Options Harvey, T. Sean 4 06/04/2017 52 3,200,000 -1,700,000

Serabi Gold plc Options Harvey, T. Sean 4 07/04/2017 50 0.05 4,800,000 1,600,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3619



Acquired/ Disposed

Serabi Gold plc Options Hodgson, Michael Jonathan 4, 5 06/04/2017 52 9,000,000 -4,000,000

Serabi Gold plc Options Hodgson, Michael Jonathan 4, 5 07/04/2017 50 0.05 4,000,000

Serabi Gold plc Options Hodgson, Michael Jonathan 4, 5 07/04/2017 50 0.05 13,000,000 4,000,000

Serabi Gold plc Options Line, Clive Malcolm 4, 5 06/04/2017 52 -2,800,000

Serabi Gold plc Options Line, Clive Malcolm 4, 5 06/04/2017 52 6,900,000 -2,800,000

Serabi Gold plc Options Line, Clive Malcolm 4, 5 07/04/2017 50 0.05 9,900,000 3,000,000

Serabi Gold plc Options Rosselot, Juan Eduardo 4 06/04/2017 52 2,000,000 -1,200,000

Serabi Gold plc Options Rosselot, Juan Eduardo 4 07/04/2017 50 0.05 3,000,000 1,000,000

Serabi Gold plc Options Swett, Felipe 4 07/04/2017 50 0.05 4,000,000 1,000,000

Serabi Gold plc Options Williams, Melvyn 4 06/04/2017 52 2,600,000 -1,400,000

Serabi Gold plc Options Williams, Melvyn 4 07/04/2017 50 0.05 3,900,000 1,300,000

Serinus Energy Inc. Common Shares Rath, Trevor Helmut 5 03/04/2016 00

Seven Generations Energy Ltd.


Brown, Kevin Jack 4 31/03/2017 56 14,790 2,265



Canada Pension Plan Investment Board

3 31/03/2017 56 7,038 1,249


Common Shares Class A Carlson, Patrick Beverley 5 03/04/2017 54 5.25 2,653,206 173,333


Common Shares Class A Carlson, Patrick Beverley 5 03/04/2017 10 24.434 2,531,480 -121,726








Common Shares Class A Carlson, Patrick Beverley 5 05/04/2017 54 6 2,756,963 119,999




Common Shares Class A Carlson, Patrick Beverley 5 06/04/2017 54 6 2,809,197 173,333




Warrants Performance Carlson, Patrick Beverley 5 03/04/2017 54 5.25 3,005,491 -173,333






Warrants Performance Carlson, Patrick Beverley 5 05/04/2017 54 6 2,658,825 -119,999


Warrants Performance Carlson, Patrick Beverley 5 06/04/2017 54 6 2,485,492 -173,333



DOERR, Harvey 4 31/03/2017 56 6,260 2,135



Hand, Paul Warren 4 07/03/2017 00



Hand, Paul Warren 4 31/03/2017 56 1,323 1,323



Hohm, Dale Jonathan 4 31/03/2017 56 12,540 1,249



Jespersen, Kent 4 31/03/2017 56 8,607 1,943



McAdam, William 4 31/03/2017 56 14,295 2,239

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3620



Acquired/ Disposed



Rakhit, Kaushik 4 31/03/2017 56 12,540 1,249



SHEPPARD, Mary Jacqueline

4 31/03/2017 56 6,306 2,161


Common Shares Class A van Steenbergen, Jeff 4 29/10/2014 00


Common Shares Class A van Steenbergen, Jeff 4 30/03/2017 51 2.5 100,000 100,000








Common Shares Class A van Steenbergen, Jeff 4 30/03/2017 54 6 260,000 40,000














Common Shares Class A van Steenbergen, Jeff 4 30/03/2017 11 0 -350,000


Options Pre-IPO van Steenbergen, Jeff 4 30/03/2017 51 2.5 74,704 -80,000


Options Pre-IPO van Steenbergen, Jeff 4 30/03/2017 51 2.5 54,704 -20,000



van Steenbergen, Jeff 4 31/03/2017 56 12,540 1,249


Warrants Performance van Steenbergen, Jeff 4 30/03/2017 54 3.75 251,760 -40,000






Warrants Performance van Steenbergen, Jeff 4 30/03/2017 54 6 131,760 -40,000










Warrants Performance van Steenbergen, Jeff 4 30/03/2017 54 6 51,760 -10,000



SHAW COMMUNICATIONS INC.

Directors' Deferred Share Units (DDSU)

Green, Richard R. 4 31/03/2017 30 20.7 59,412 570



Keating, Gregory John 4 31/03/2017 30 27.56 58,812 479



Pew, Paul Kenneth 4 31/03/2017 30 27.57 89,209 858

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3621



Acquired/ Disposed



Royer, Jeffrey 4 31/03/2017 30 27.56 85,168 572


Non-Voting Shares Class "B"

Shaw, Bradley 4, 5 31/03/2017 30 26.871 3,673 35



Shaw, Bradley 4, 5 31/03/2017 30 26.871 1,993 43



Shaw, Bradley 4, 5 31/03/2017 30 26.871 1,993 43



Shaw, Bradley 4, 5 31/03/2017 30 26.871 79 1



Shaw, Bradley 4, 5 31/03/2017 30 26.871 1,993 43



Shaw, Bradley 4, 5 31/03/2017 30 26.871 1,993 43



Shaw, Heather Ann 3 31/03/2017 30 26.871 3,079 48



Shaw, Heather Ann 3 31/03/2017 30 26.871 2,228 8



Shaw, Jim 4 31/03/2017 30 26.871 155 7



Shaw, Jim 4 31/03/2017 30 26.871 1,018 4



Shaw, Jim 4 31/03/2017 30 26.871 513 2



Shaw, Jim 4 31/03/2017 30 26.871 513 2



Shaw, Jim 4 31/03/2017 30 26.871 513 2



Shaw, Jim 4 31/03/2017 30 26.871 1,032 2



Shaw, Jim 4 31/03/2017 30 26.871 1,032 2



Shaw, Jim 4 31/03/2017 30 26.871 22,638 82



Shaw, Jim 4 31/03/2017 30 26.871 658 38



Shaw, Jim 4 31/03/2017 30 26.871 1,032 2



Shaw, JR 3, 4, 5 31/03/2017 30 26.871 2,493,846 9,313



Shaw, JR 3, 4, 5 31/03/2017 30 26.871 53,006 292



Shaw, JR 3, 4, 5 31/03/2017 30 26.871 18,066 2



Shaw, Julie 5 31/03/2017 30 26.871 26,600 106



Shaw, Julie 5 31/03/2017 30 26.871 4,228 52



Vogel, Carl E. 4 31/03/2017 30 20.73 30,554 252



Weatherill, Sheila Christine 4 31/03/2017 30 27.56 50,817 450

ShawCor Ltd. Common Shares Pierroz, Paul Anthony 5 31/03/2017 10 38.8 3,579 13

ShawCor Ltd. Common Shares Tikkanen, John Douglas 5 30/03/2017 10 38.85 400 -700

ShawCor Ltd. Common Shares Tikkanen, John Douglas 5 30/03/2017 10 38.83 0 -400

ShawCor Ltd. Common Shares Tikkanen, John Douglas 5 30/03/2017 10 38.85 -700

Shopify Inc. Multiple Voting Shares Class B Multiple Voting Shares

Frasca, Joseph Andrew 5 03/04/2017 51 4.22 3,000 3,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3622



Acquired/ Disposed


Frasca, Joseph Andrew 5 03/04/2017 36 0 -3,000

Shopify Inc. Options Frasca, Joseph Andrew 5 03/04/2017 51 4.22 83,335 -3,000

Shopify Inc. Subordinate Voting Shares Class A Subordinate Voting Shares

Frasca, Joseph Andrew 5 03/04/2017 36 3,000 3,000


Frasca, Joseph Andrew 5 03/04/2017 30 68.567 0 -3,000


Lutke, Tobias Albin 4, 5 03/04/2017 30 68.237 342,000 -9,000


Miller, Craig Stuart 5 05/04/2017 51 0.152 15,000 15,000


Miller, Craig Stuart 5 05/04/2017 36 0 -15,000

Shopify Inc. Options Miller, Craig Stuart 5 05/04/2017 51 0.152 612,246 -15,000


Miller, Craig Stuart 5 05/04/2017 36 15,000 15,000


Miller, Craig Stuart 5 05/04/2017 30 69.105 0 -15,000


Miller, Craig Stuart 5 05/04/2017 30 68.897 0 -1,250

Sienna Senior Living Inc. (formerly Leisureworld Senior Care Corporation)

Deferred Share Units Chiesa, Dino 4, 5 01/04/2017 56 132,809 2,279


Deferred Share Units Graham, Janet 4 01/04/2017 56 29,932 1,211


Deferred Share Units Jourdain Coleman, Paula 4 01/04/2017 56 11,535 855


Deferred Share Units MacDonald, Jack C. 4 01/04/2017 56 23,221 1,068


Deferred Share Units McLaughlin, John Gordon 4 01/04/2017 56 40,098 855

Sierra Metals Inc. (formerly Dia Bras Exploration Inc.)

Restricted Share Unit Arias, J. Alberto 4, 6 31/03/2017 56 108,066 34,381


Restricted Share Unit Babcock, Gordon 5 31/03/2017 56 265,221 202,927


Common Shares Brennan, Mark Peter 5 31/03/2017 57 416,999 155,299


Common Shares Brennan, Mark Peter 5 31/03/2017 10 3.4 413,999 -3,000


Common Shares Brennan, Mark Peter 5 31/03/2017 10 3.4 0 -7,000


Restricted Share Unit Brennan, Mark Peter 5 31/03/2017 57 310,599 -155,299


Restricted Share Unit Brennan, Mark Peter 5 31/03/2017 56 752,876 442,277

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3623



Acquired/ Disposed


Restricted Share Unit Cater, Douglas Frederick 4 31/03/2017 57 -49,122


Restricted Share Unit Cater, Douglas Frederick 4 31/03/2017 57 73,685 -49,122


Restricted Share Unit Cater, Douglas Frederick 4 31/03/2017 56 108,066 34,381


Restricted Share Unit Dean, Steven G 4 31/03/2017 57 40,789 -27,192


Restricted Share Unit Dean, Steven G 4 31/03/2017 56 59,890 19,101


Restricted Share Unit Guimaraes, Edmundo Gontardo

5 31/03/2017 57 227,581 -49,747


Restricted Share Unit Guimaraes, Edmundo Gontardo

5 31/03/2017 56 381,844 154,263


Common Shares McAllister, Michael 5 31/03/2017 57 9,386 7,014


Common Shares McAllister, Michael 5 31/03/2017 10 3.57 9,686 300


Restricted Share Unit McAllister, Michael 5 31/03/2017 57 28,055 -14,027


Restricted Share Unit McAllister, Michael 5 31/03/2017 56 106,455 78,400


Common Shares Neff, Jill 5 31/03/2017 57 17,171 7,673


Restricted Share Unit Neff, Jill 5 31/03/2017 57 24,570 -13,951


Restricted Share Unit Neff, Jill 5 31/03/2017 56 41,417 16,847


Restricted Share Unit Renaud, Philip 4 31/03/2017 56 59,891 19,101


Restricted Share Unit Romero, Dionisio 4 31/03/2017 56 83,504 34,381

Silver Standard Resources Inc.

Deferred Share Unit Anglin, Mike Arthur E. 4 01/04/2017 56 14.1 103,452 3,710


Deferred Share Unit Booth, Brian 4 01/04/2017 56 14.1 7,112 1,933


Deferred Share Unit Herrero, Gustavo Adolfo 4 01/04/2017 56 14.1 73,995 2,482


Deferred Share Unit Park, Beverlee Faye 4 01/04/2017 56 14.1 44,627 2,449


Deferred Share Unit Paterson, Richard 4 01/04/2017 56 14.1 107,402 2,659


Deferred Share Unit Reid, Steven Paul 4 01/04/2017 56 14.1 55,160 1,994


Deferred Share Unit TOMSETT, PETER WILLIAM

4 01/04/2017 56 14.1 182,376 1,640

SILVERCORP METALS INC. Options Feng, Rui 4, 5 05/03/2017 52 6.69 3,217,500 -250,000

SILVERCORP METALS INC. Common Shares without par value

Liu, Yikang 4 06/04/2017 10 5.039 144,000 -20,000

SILVERCORP METALS INC. Options Liu, Yikang 4 05/03/2017 52 6.69 225,650 -5,000

SILVERCORP METALS INC. Options Simpson, Stephen Paul 4 05/03/2017 52 6.69 494,250 -7,500


Waldman, Lorne 5 07/02/2017 51 0.66 116,874


Waldman, Lorne 5 07/02/2017 51 0.66 116,874


Waldman, Lorne 5 07/02/2017 10 4.73 -41,874


Waldman, Lorne 5 07/02/2017 10 4.73 -41,874

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3624



Acquired/ Disposed


Waldman, Lorne 5 08/02/2017 10 5.2 -5,000


Waldman, Lorne 5 08/02/2017 10 5.2 -5,000

SILVERCORP METALS INC. Options Waldman, Lorne 5 13/09/2013 50 3.41 100,000














SILVERCORP METALS INC. Options Waldman, Lorne 5 07/02/2017 51 0.66 -116,874



Waldman, Lorne 5 07/02/2017 51 0.66 116,874


Waldman, Lorne 5 07/02/2017 51 0.66 121,874 116,874


Waldman, Lorne 5 07/02/2017 10 4.73 -41,874


Waldman, Lorne 5 07/02/2017 10 4.73 80,000 -41,874


Waldman, Lorne 5 08/02/2017 10 5.2 -5,000


Waldman, Lorne 5 08/02/2017 10 5.2 75,000 -5,000


SILVERCORP METALS INC. Options Waldman, Lorne 5 13/09/2013 50 3.41 100,000 100,000






Insider Reporting

April 13, 2017

(2017), 40 OSCB 3625



Acquired/ Disposed









SILVERCORP METALS INC. Options Waldman, Lorne 5 07/02/2017 51 0.66 452,376 -116,874

Smart Real Estate Investment Trust

Deferred Units Forde, Peter Charles 5 05/04/2017 97 43,096 11,784


Deferred Units Gobin, Rudy 5 05/04/2017 97 121,434 9,676


Deferred Units Pambianchi, Mauro 5 05/04/2017 56 31.68 13,652 5,648


Deferred Units Sweeney, Peter Edmund 5 05/04/2017 56 31.68 23,375 5,278


Deferred Units Thomas, John Huw 4 05/04/2017 56 31.68 71,521 11,066

SNC-Lavalin Group Inc. UnitÚs d'actions diffÚrÚes (administrateurs)

Bougie, Jacques 4 31/03/2017 56 52.564 11,728 914


HAMMICK, Patricia A. 4 31/03/2017 56 52.564 20,426 627


Hughes, Catherine Jeanne 4 31/03/2017 56 52.654 860


Hughes, Catherine Jeanne 4 31/03/2017 56 52.654 860


Hughes, Catherine Jeanne 4 31/03/2017 56 52.564 1,356 860


Newman, Steven Leon 4 31/03/2017 56 52.564 5,269 880


Raby, Jean 4 31/03/2017 56 52.564 3,320 539


Rheaume, Alain 4 31/03/2017 56 52.564 9,616 571


Sbiti, Chakib 4 31/03/2017 56 52.564 11,794 583


SIEGEL, Eric 4 31/03/2017 56 52.564 16,664 939


Smati, Zine Edine 4 31/03/2017 56 52.564 3,023 869


STEVENSON, Lawrence N. 4 31/03/2017 56 52.564 29,515 1,183

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3626



Acquired/ Disposed

Solium Capital Inc. Common Shares English, Jeffrey Fergusson 5 30/03/2017 51 1.88 419,678 4,000

Solium Capital Inc. Common Shares English, Jeffrey Fergusson 5 30/03/2017 10 7.51 415,678 -4,000

Solium Capital Inc. Common Shares English, Jeffrey Fergusson 5 31/03/2017 51 1.88 419,678 4,000

Solium Capital Inc. Common Shares English, Jeffrey Fergusson 5 31/03/2017 10 7.58 415,678 -4,000

Solium Capital Inc. Options English, Jeffrey Fergusson 5 30/03/2017 51 1.88 11,000 -4,000

Solium Capital Inc. Options English, Jeffrey Fergusson 5 31/03/2017 51 1.88 7,000 -4,000

Spin Master Corp. Deferred Share Units Cassaday, John 4 31/03/2017 56 37.6 15,965 776

Spin Master Corp. Deferred Share Units Cohen, Jeffrey 4 31/03/2017 56 37.6 4,936 443

Spin Master Corp. Deferred Share Units Howell, Dina 4 31/03/2017 56 37.6 13,885 1,108

Spin Master Corp. Deferred Share Units Tappin, Todd 4 31/03/2017 56 37.6 10,153 621

Spin Master Corp. Deferred Share Units Winograd, Charles 4 31/03/2017 56 37.6 13,069 1,108

Spin Master Corp. Deferred Share Units Yuen, Chi Wah 7 27/03/2017 56 37.64 1,242

Spin Master Corp. Deferred Share Units Yuen, Chi Wah 7 27/03/2017 56 37.64 1,244 1,244

Spin Master Corp. Performance Share Units Yuen, Chi Wah 7 27/03/2017 56 37.64 1,242

Spin Master Corp. Performance Share Units Yuen, Chi Wah 7 27/03/2017 56 37.64 5,771 1,244

Spot Coffee (Canada) Ltd. Common Shares AYOUB, ANTON MICHEL 4, 5 31/03/2017 10 0.135 1,565,958 3,000



SQI Diagnostics Inc. Common Shares Connor, Gerald R. 4 04/04/2017 10 0.185 3,735,328 -1,592

Squatex Energy and Resources Inc.

Common Shares LÚvesque, Mario 4, 5 03/04/2017 10 0.35 63,560 1,000

Stans Energy Corp. Common Shares Aryev, Boris 4, 5 30/03/2017 47 0.045 2,741,052 -320,000

Stans Energy Corp. Options Stevens, Olga 5 14/12/2015 00

Stans Energy Corp. Options Stevens, Olga 5 04/04/2017 50 0.06 500,000 500,000

Stantec Inc. Common Shares Ammerman, Douglas Keith 4 03/04/2017 10 34.629 27,016 381

Stantec Inc. Common Shares Clayton, Carl Frank 7 06/04/2017 51 14.325 52,400 10,000

Stantec Inc. Common Shares Clayton, Carl Frank 7 06/04/2017 10 35.281 42,400 -10,000

Stantec Inc. Options Clayton, Carl Frank 7 06/04/2017 51 14.325 50,355 -10,000

Stantec Inc. Common Shares Franceschini, Anthony P. 4 03/04/2017 10 34.62 303,134 351

Stantec Inc. Common Shares Hartman, Susan Elaine 4 03/04/2017 10 34.629 11,668 369

Stantec Inc. Common Shares Ruste, Ivor Melvin 4 03/04/2017 10 34.62 17,210 343

Starlight U.S. Multi-Family (No. 5) Core Fund

Units Class A Starlight U.S. Multi-Family (No. 5) Core Fund

1 01/03/2017 30 9 5,000 5,000



1 02/03/2017 30 9.0446 10,000 5,000



1 03/03/2017 30 9.08 15,000 5,000



1 06/03/2017 30 9.05 20,000 5,000



1 07/03/2017 30 8.9982 22,800 2,800



1 08/03/2017 30 8.982 27,800 5,000



1 09/03/2017 30 9.0345 31,800 4,000



1 10/03/2017 30 9.1 36,400 4,600

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3627



Acquired/ Disposed



1 13/03/2017 30 9.1184 41,400 5,000



1 14/03/2017 30 9.11 46,400 5,000



1 15/03/2017 30 9.1282 51,400 5,000



1 16/03/2017 30 9.108 56,400 5,000



1 17/03/2017 30 9.1988 61,400 5,000



1 28/03/2017 30 9.1954 66,400 5,000



1 28/03/2017 30 9.15 68,400 2,000



1 31/03/2017 38 0 -68,400

Stella-Jones Inc. Restricted Stock Units (RSU's)

Bourgault, Lyne 7 07/04/2017 59 43.26 631 -416


Eichenbaum, Marla 5 07/04/2017 59 43.26 2,299 -1,770


Jones, Ian 7 07/04/2017 59 43.26 4,132 -3,060


Murray, Gordon 5 07/04/2017 59 43.26 1,739 -1,339


Ritchie, Glen 7 07/04/2017 59 43.26 0 -911


Vachon, Eric 7 07/04/2017 59 43.26 3,690 -2,770


Zeegers, Ronald Leo 7 07/04/2017 59 43.26 1,595 -554

Stina Resources Ltd. Common Shares Corrigan, James 4 07/04/2017 11 258,400 -325,000

Stina Resources Ltd. Common Shares Wall, James 5 07/04/2017 11 2,000 -300,000

Stone Ridge Exploration Corp.

Options Coltura, Robert 5 06/04/2017 51 120,000 -80,000


Common Shares minni, jerry anthony 4, 5 06/04/2017 51 0.1 1,900,000 200,000


Options minni, jerry anthony 4, 5 06/04/2017 51 0.1 0 -200,000

StorageVault Canada Inc. Common Shares Access Self Storage Inc. 3 28/04/2015 00

StorageVault Canada Inc. Common Shares Access Self Storage Inc. 3 31/03/2017 16 1.7 6,470,588 6,470,588

StorageVault Canada Inc. Options Tamblyn, Robert Blair 4 14/09/2015 50 0.5 100,000 100,000

StorageVault Canada Inc. Options Tamblyn, Robert Blair 4 21/12/2016 50 1.36 200,000 100,000

Strategic Oil & Gas Ltd. Series 2 PIK 8% secured convertible notes, due Feb 28, 2021

BP Capital Energy Advisors, LLC

3 28/02/2017 97 624000 $624,000



3 21/12/2016 00



3 28/02/2017 97 624000 $624,000 $624,000

Strongbow Exploration Inc. Common Shares Thomas, David Grenville 4 03/04/2017 10 0.135 3,809,133 98,500

Stuart Olson Inc. Options Atkinson, Herbert Arthur 5 15/03/2017 52 15.48 147,322 -9,617

Stuart Olson Inc. Options Atkinson, Herbert Arthur 5 01/04/2017 50 5.9 247,897 100,575

Stuart Olson Inc. Rights Performance Share Units

Atkinson, Herbert Arthur 5 01/04/2017 56 5.77 77,895 30,329

Stuart Olson Inc. Units Restricted Share Units

Atkinson, Herbert Arthur 5 01/04/2017 56 5.77 45,242 15,165

Stuart Olson Inc. Rights Deferred Share Units (DSUs)

Ballantyne, Richard Thomas 4 31/03/2017 56 5.9 48,276 3,390

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3628



Acquired/ Disposed


Bellstedt, Albrecht Wilhelm Albert

4 31/03/2017 56 5.9 103,499 4,237


Danard, Chad 4 31/03/2017 56 5.9 63,372 5,678

Stuart Olson Inc. Options Decore, Joette 5 15/03/2017 52 15.48 28,601 -13,850


Decore, Joette 5 01/04/2017 56 5.77 53,069 23,397


Decore, Joette 5 01/04/2017 56 5.77 61,886 23,397


Graham, Roderick William 4 31/03/2017 56 5.9 48,276 3,390


Hanrahan, Wendy 4 31/03/2017 55 5.9 95,341 4,131

Stuart Olson Inc. Options LeMay, David 5 15/03/2017 52 15.48 630,820 -25,919

Stuart Olson Inc. Options LeMay, David 5 01/04/2017 50 5.9 883,694 252,874


LeMay, David 5 01/04/2017 56 5.77 253,962 76,256


LeMay, David 5 01/04/2017 56 5.77 133,367 38,128


Loberg, Carmen Richard 4 31/03/2017 56 5.9 102,456 4,131

Stuart Olson Inc. Options Myles, Robert J. 5 01/04/2017 50 5.9 184,478 106,034


Myles, Robert J. 5 01/04/2017 56 5.77 54,620 31,976


Myles, Robert J. 5 01/04/2017 56 5.77 27,310 15,988


Pohl, William Howard 5 01/04/2014 56 10.79 2,752 2,752






Pohl, William Howard 5 01/01/2017 00










Pohl, William Howard 5 01/01/2017 00




Reid, Ian MacNevin 4 31/03/2017 56 5.9 112,300 4,534

Stuart Olson Inc. Options Sands, Daryl 5 15/03/2017 52 15.48 330,495 -48,385

Stuart Olson Inc. Options Sands, Daryl 5 01/04/2017 50 5.9 453,733 123,238


Sands, Daryl 5 01/04/2017 56 5.77 126,069 37,164


Sands, Daryl 5 01/04/2017 56 5.77 66,651 18,582


Stone, Richard Daniel 5 01/04/2017 00


Stone, Richard Daniel 5 01/04/2017 56 5.77 8,666 8,666


Stone, Richard Daniel 5 01/04/2017 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3629



Acquired/ Disposed


Stone, Richard Daniel 5 01/04/2017 56 5.77 8,666 8,666

Student Transportation Inc. (formerly, Student Transportation of America Ltd.)

Deferred Share Units Basney, Barbara 4 05/04/2017 56 16,794 2,038


Deferred Share Units Gerstein, Irving Russell 4 05/04/2017 56 24,227 2,179


Deferred Share Units Needler, Kenneth B. 4 05/04/2017 56 24,227 2,179


Deferred Share Units Rossi, George 4 05/04/2017 56 24,227 2,179


Deferred Share Units Scopelliti, David 4, 7 05/04/2017 56 63,501 2,922


Deferred Share Units Sturgis, Wendi Christine 4 05/04/2017 56 18,699 2,074


Deferred Share Units Wells, Victor 4 05/04/2017 56 49,514 2,658

Subscribe Technologies Inc. Common Shares PAUL, DICKSON 4, 5 24/03/2017 10 0.095 2,100,500 2,000

Subscribe Technologies Inc. Common Shares PAUL, DICKSON 4, 5 24/03/2017 10 0.09 2,101,000 500



Sun Life Financial Inc. Deferred Share Units Accum, Claude 5 31/03/2017 30 48.64 20,175 173

Sun Life Financial Inc. Units Sun Shares Accum, Claude 5 31/03/2017 30 48.64 57,205 490

Sun Life Financial Inc. Deferred Share Units Anderson, William D. 4 31/03/2017 30 48.64 14,720 483

Sun Life Financial Inc. Deferred Share Units Blair, Carolyn Diane 5 31/03/2017 30 48.64 15,179 130

Sun Life Financial Inc. Units Sun Shares Blair, Carolyn Diane 5 31/03/2017 30 48.64 331

Sun Life Financial Inc. Units Sun Shares Blair, Carolyn Diane 5 31/03/2017 30 48.64 331

Sun Life Financial Inc. Units Sun Shares Blair, Carolyn Diane 5 31/03/2017 30 48.64 38,697 331

Sun Life Financial Inc. Deferred Share Units Brown, Randolph 5 31/03/2017 30 48.64 35,545 304

Sun Life Financial Inc. Units Sun Shares Brown, Randolph 5 31/03/2017 30 48.64 146,233 1,252

Sun Life Financial Inc. Units Sun Shares Catellier, Brigitte 5 31/03/2017 30 48.64 7,177 62

Sun Life Financial Inc. Deferred Share Units Clappison, John 4 31/03/2017 30 48.64 47,291 762

Sun Life Financial Inc. Deferred Share Units Connor, Dean 4, 5 31/03/2017 30 48.64 126,873 1,087

Sun Life Financial Inc. Units Sun Shares Connor, Dean 4, 5 31/03/2017 30 48.64 286,018 2,448

Sun Life Financial Inc. Deferred Share Units Coyles, Stephanie 4 01/01/2017 00

Sun Life Financial Inc. Deferred Share Units Coyles, Stephanie 4 31/03/2017 30 48.64 663 663

Sun Life Financial Inc. Deferred Share Units Dougherty, Kevin 5 31/03/2017 30 48.64 16,732 144

Sun Life Financial Inc. Units Sun Shares Dougherty, Kevin 5 31/03/2017 30 48.64 86,260 738

Sun Life Financial Inc. Deferred Share Units Dougherty, Linda 5 31/03/2017 30 48.64 7,144 61

Sun Life Financial Inc. Units Sun Shares Dougherty, Linda 5 31/03/2017 30 48.64 20,038 171

Sun Life Financial Inc. Units Sun Shares Fishbein, Daniel 5 31/03/2017 30 48.64 79,688 681

Sun Life Financial Inc. Deferred Share Units Freyne, Colm Joseph 5 31/03/2017 30 48.64 56,168 481

Sun Life Financial Inc. Units Sun Shares Freyne, Colm Joseph 5 31/03/2017 30 48.64 64,187 550

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3630



Acquired/ Disposed

Sun Life Financial Inc. Deferred Share Units Glynn, Martin John Gardner 4 31/03/2017 30 48.64 13,290 470

Sun Life Financial Inc. Common Shares Harris, M. Marianne 4 31/03/2017 30 48.843 5,385 45

Sun Life Financial Inc. Deferred Share Units Harris, M. Marianne 4 31/03/2017 30 48.64 17,324 1,208

Sun Life Financial Inc. Deferred Share Units Kennedy, Melissa Jane 5 31/03/2017 30 48.64 6,668 57

Sun Life Financial Inc. Units Sun Shares Kennedy, Melissa Jane 5 31/03/2017 30 48.64 45,692 391

Sun Life Financial Inc. Units Sun Shares Kennedy, Melissa Jane 5 01/04/2017 38 48.68 35,913 -9,779

Sun Life Financial Inc. Deferred Share Units Lewis, Sara 4 31/03/2017 30 48.64 10,285 1,107

Sun Life Financial Inc. Deferred Share Units Morrissey, Kevin 5 31/03/2017 30 48.64 2,678 23

Sun Life Financial Inc. Units Sun Shares Morrissey, Kevin 5 31/03/2017 30 48.64 19,172 165

Sun Life Financial Inc. Deferred Share Units Peacher, Stephen 5 31/03/2017 30 48.64 26,136 224

Sun Life Financial Inc. Units Sun Shares Peacher, Stephen 5 31/03/2017 30 48.64 131,688 1,128

Sun Life Financial Inc. Deferred Share Units Powers, Scott F. 4 31/03/2017 30 48.64 3,614 862

Sun Life Financial Inc. Deferred Share Units Raymond, RÚal 4 31/03/2017 30 48.64 13,493 789

Sun Life Financial Inc. Units Sun Shares Saunders, Mark 5 31/03/2017 30 48.64 39,733 341

Sun Life Financial Inc. Deferred Share Units Segal, Hugh David 4 31/03/2017 30 48.64 18,050 511

Sun Life Financial Inc. Units Sun Shares Strain, Kevin 5 31/03/2017 30 48.64 67,682 580

Sun Life Financial Inc. Deferred Share Units Stymiest, Barbara Gayle 4 31/03/2017 30 48.64 24,576 1,158

Sun Life Financial Inc. Deferred Share Units Sutcliffe, James 4 31/03/2017 30 48.64 89,845 2,832

Sun Life Financial Inc. Units Sun Shares Van den Hoogen, Marlene 5 31/03/2017 30 48.64 10,716 91

Sun Life Financial Inc. Deferred Share Units Woodring, Albert Greig 4 01/01/2017 00

Sun Life Financial Inc. Deferred Share Units Woodring, Albert Greig 4 31/03/2017 30 48.64 1,028 1,028

Suncor Energy Inc. Deferred Share Units Bedient, Patricia Margaret 4 24/03/2017 30 40.87 13,714 107

Suncor Energy Inc. Deferred Share Units Bedient, Patricia Margaret 4 30/03/2017 30 40.98 15,564 1,850

Suncor Energy Inc. Deferred Share Units Benson, Mel Edward 4 24/03/2017 30 40.87 89,732 698

Suncor Energy Inc. Deferred Share Units Benson, Mel Edward 4 30/03/2017 30 40.98 91,027 1,295

Suncor Energy Inc. Deferred Share Units Cote, Jacynthe 4 24/03/2017 30 40.87 23,384 182

Suncor Energy Inc. Deferred Share Units Cote, Jacynthe 4 30/03/2017 30 40.98 25,234 1,850

Suncor Energy Inc. Deferred Share Units D'Alessandro, Dominic 4 24/03/2017 30 40.87 72,435 563

Suncor Energy Inc. Deferred Share Units D'Alessandro, Dominic 4 30/03/2017 30 40.98 74,315 1,880

Suncor Energy Inc. Deferred Share Units Gass, John Donald 4 24/03/2017 30 40.87 28,706 223

Suncor Energy Inc. Deferred Share Units Gass, John Donald 4 30/03/2017 30 40.98 30,302 1,596

Suncor Energy Inc. Deferred Share Units Huff, John Rossman 4 24/03/2017 30 40.87 137,043 1,065

Suncor Energy Inc. Deferred Share Units Huff, John Rossman 4 30/03/2017 30 40.98 138,878 1,835

Suncor Energy Inc. Common Shares McCaw, Maureen 4 24/03/2017 30 41.46 5,315 41

Suncor Energy Inc. Deferred Share Units McCaw, Maureen 4 24/03/2017 30 40.87 58,401 454

Suncor Energy Inc. Deferred Share Units McCaw, Maureen 4 30/03/2017 30 40.98 59,974 1,573

Suncor Energy Inc. PC Deferred Shares Units (Directors only)

McCaw, Maureen 4 24/03/2017 30 40.87 16,425 127

Suncor Energy Inc. Deferred Share Units O'Brien, Michael Wilfrid 4 24/03/2017 30 40.87 82,142 638

Suncor Energy Inc. Deferred Share Units O'Brien, Michael Wilfrid 4 30/03/2017 30 40.98 83,437 1,295

Suncor Energy Inc. Deferred Share Units SIMPSON, JAMES W. 4 24/03/2017 30 40.87 55,931 435

Suncor Energy Inc. Deferred Share Units SIMPSON, JAMES W. 4 30/03/2017 30 40.98 57,599 1,668

Suncor Energy Inc. PC Deferred Shares Units (Directors only)

SIMPSON, JAMES W. 4 24/03/2017 30 40.87 14,970 116

Suncor Energy Inc. Deferred Share Units Thomas, Eira Margaret 4 24/03/2017 30 40.87 77,749 605

Suncor Energy Inc. Deferred Share Units Thomas, Eira Margaret 4 30/03/2017 30 40.98 79,329 1,580

Suncor Energy Inc. Deferred Share Units Wilson, Michael M. 4 24/03/2017 30 40.87 31,965 248

Suncor Energy Inc. Deferred Share Units Wilson, Michael M. 4 30/03/2017 30 40.98 33,800 1,835

Sunshine Oilsands Ltd. Options Fong, Raymond 4 03/04/2017 50 0.05 3,010,000 1,500,000

Sunshine Oilsands Ltd. Options He, Yi 4 03/04/2017 50 0.05 2,500,000 1,500,000

Sunshine Oilsands Ltd. Options Stevenson, Gerald Franklin 4 03/04/2017 50 0.05 4,010,000 1,500,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3631



Acquired/ Disposed

Sunshine Oilsands Ltd. Options Stevenson, Gerald Franklin 4 03/04/2017 52 3,010,000 -1,000,000

Sunshine Oilsands Ltd. Options Yan, Joanne Fang Qiong 4 03/04/2017 50 0.05 2,500,000 1,500,000

Surge Energy Inc. Common Shares Brown, Daniel Curt 5 15/01/2017 30 3.16 555,252 366






Surge Energy Inc. Common Shares de Leeuw, Gerard A. 5 15/01/2017 30 3.16 182,965 321






Surge Energy Inc. Common Shares Elekes, Margaret Ann 5 15/01/2017 30 3.16 28,792 317






Surge Energy Inc. Common Shares Ferguson, Gordon Paul 5 15/01/2017 30 3.16 6,660 188












Symphony Floating Rate Senior Loan Fund

Units Class A Symphony Floating Rate Senior Loan Fund

1 03/03/2017 38 9.1 3,000 3,000



1 03/03/2017 38 9.1 0 -3,000



1 08/03/2017 38 9.16 3,000 3,000



1 08/03/2017 38 9.16 0 -3,000



1 09/03/2017 38 9.17 3,000 3,000



1 09/03/2017 38 9.17 0 -3,000



1 14/03/2017 38 9.15 3,000 3,000



1 14/03/2017 38 9.15 0 -3,000

Tahoe Resources Inc. Common Shares Brodsky, Brian 5 01/04/2017 57 10.68 219,712 21,000

Tahoe Resources Inc. Deferred Share Awards Brodsky, Brian 5 01/04/2017 57 21,000 -21,000

Tahoe Resources Inc. Deferred Share Awards Brodsky, Brian 5 01/04/2017 56 30,000 9,000

Tahoe Resources Inc. Common Shares Clayton, Ronald Wayne 4, 5 03/04/2017 57 10.68 352,850 30,000

Tahoe Resources Inc. Deferred Share Awards Clayton, Ronald Wayne 4, 5 01/04/2017 56 90,000 30,000

Tahoe Resources Inc. Deferred Share Awards Clayton, Ronald Wayne 4, 5 03/04/2017 57 60,000 -30,000

Tahoe Resources Inc. Common Shares Dalke, Phillip 7 30/08/2016 00

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3632



Acquired/ Disposed

Tahoe Resources Inc. Common Shares Dalke, Phillip 7 03/04/2017 57 10.68 3,000 3,000

Tahoe Resources Inc. Deferred Share Awards Dalke, Phillip 7 01/04/2017 56 18,000 9,000

Tahoe Resources Inc. Deferred Share Awards Dalke, Phillip 7 03/04/2017 57 15,000 -3,000

Tahoe Resources Inc. Common Shares Fudge, Thomas F. Jr. 5 03/04/2017 57 10.68 15,000 15,000

Tahoe Resources Inc. Deferred Share Awards Fudge, Thomas F. Jr. 5 01/04/2017 56 39,000 9,000

Tahoe Resources Inc. Deferred Share Awards Fudge, Thomas F. Jr. 5 03/04/2017 57 24,000 -15,000

Tahoe Resources Inc. Common Shares Hofmeister, Edie 5 03/04/2017 57 10.68 131,000 21,000

Tahoe Resources Inc. Deferred Share Awards Hofmeister, Edie 5 01/04/2017 56 57,000 15,000

Tahoe Resources Inc. Deferred Share Awards Hofmeister, Edie 5 03/04/2017 57 36,000 -21,000

Tahoe Resources Inc. Common Shares Howe, David John 7 30/08/2016 00

Tahoe Resources Inc. Common Shares Howe, David John 7 03/04/2017 57 10.68 3,000 3,000

Tahoe Resources Inc. Deferred Share Awards Howe, David John 7 01/04/2017 56 18,000 9,000

Tahoe Resources Inc. Deferred Share Awards Howe, David John 7 03/04/2017 57 15,000 -3,000

Tahoe Resources Inc. Common Shares Joseph, Cassandra 5 03/04/2017 57 10.68 9,000 5,000

Tahoe Resources Inc. Deferred Share Awards Joseph, Cassandra 5 01/04/2017 56 24,000 9,000

Tahoe Resources Inc. Deferred Share Awards Joseph, Cassandra 5 03/04/2017 57 19,000 -5,000

Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 03/04/2017 57 10.68 3,461,225 37,000

Tahoe Resources Inc. Deferred Share Awards McArthur, C. Kevin 4 03/04/2017 57 32,000 -37,000

Tahoe Resources Inc. Common Shares McGregor, Elizabeth Dianne 5 03/04/2017 57 10.68 32,000 14,000

Tahoe Resources Inc. Deferred Share Awards McGregor, Elizabeth Dianne 5 01/04/2017 56 48,000 15,000

Tahoe Resources Inc. Deferred Share Awards McGregor, Elizabeth Dianne 5 03/04/2017 57 34,000 -14,000

Tahoe Resources Inc. Common Shares Muerhoff, Charlie 5 03/04/2017 57 15000 85,151 15,000

Tahoe Resources Inc. Deferred Share Awards Muerhoff, Charlie 5 01/04/2017 56 39,000 9,000

Tahoe Resources Inc. Deferred Share Awards Muerhoff, Charlie 5 03/04/2017 57 24,000 -15,000

Tahoe Resources Inc. Common Shares Sadler, Mark 5 03/04/2017 57 10.68 69,000 21,000

Tahoe Resources Inc. Deferred Share Awards Sadler, Mark 5 01/04/2017 56 51,000 9,000

Tahoe Resources Inc. Deferred Share Awards Sadler, Mark 5 03/04/2017 57 30,000 -21,000

Tahoe Resources Inc. Common Shares Snow, Ryan 5 03/04/2017 57 10.68 8,000 6,000

Tahoe Resources Inc. Deferred Share Awards Snow, Ryan 5 01/04/2017 56 25,000 9,000

Tahoe Resources Inc. Deferred Share Awards Snow, Ryan 5 03/04/2017 57 19,000 -6,000

Tahoe Resources Inc. Common Shares Utting, Mark Elliott Forbes 5 04/04/2017 57 10.74 5,188 4,000

Tahoe Resources Inc. Common Shares Utting, Mark Elliott Forbes 5 04/04/2017 10 10.85 2,925 -2,263

Tahoe Resources Inc. Deferred Share Awards Utting, Mark Elliott Forbes 5 01/04/2017 56 21,000 9,000

Tahoe Resources Inc. Deferred Share Awards Utting, Mark Elliott Forbes 5 04/04/2017 57 17,000 -4,000

Tahoe Resources Inc. Common Shares Van Alphen, Peter 7 03/04/2017 00

Tahoe Resources Inc. Common Shares Van Alphen, Peter 7 04/04/2017 57 10.74 4,000 4,000

Tahoe Resources Inc. Common Shares Van Alphen, Peter 7 04/04/2017 10 10.85 1,737 -2,263

Tahoe Resources Inc. Deferred Share Awards Van Alphen, Peter 7 03/04/2017 00 21,000

Tahoe Resources Inc. Deferred Share Awards Van Alphen, Peter 7 04/04/2017 57 17,000 -4,000

Tango Mining Limited Options Khalaf, Samer 4 03/04/2017 00

Tango Mining Limited Options Khalaf, Samer 4 03/04/2017 50 450,000 450,000

Taylor North American Equity Opportunities Fund

Units Taylor North American Equity Opportunities Fund

1 01/03/2017 38 12.73 2,600 2,600



1 01/03/2017 38 12.73 0 -2,600



1 02/03/2017 38 12.73 800 800



1 02/03/2017 38 12.73 0 -800

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3633



Acquired/ Disposed



1 06/03/2017 38 12.88 2,600 2,600



1 06/03/2017 38 12.88 0 -2,600



1 07/03/2017 38 12.88 1,200 1,200



1 07/03/2017 38 12.88 0 -1,200



1 14/03/2017 38 12.75 1,400 1,400



1 14/03/2017 38 12.75 0 -1,400



1 15/03/2017 38 12.52 400 400



1 15/03/2017 38 12.52 0 -400



1 17/03/2017 38 12.7 1,000 1,000



1 17/03/2017 38 12.7 0 -1,000



1 20/03/2017 38 12.65 1,000 1,000



1 20/03/2017 38 12.65 0 -1,000



1 21/03/2017 38 12.65 200 200



1 21/03/2017 38 12.65 0 -200



1 23/03/2017 38 12.52 2,600 2,600



1 23/03/2017 38 12.52 0 -2,600



1 24/03/2017 38 12.52 3,000 3,000



1 24/03/2017 38 12.52 0 -3,000



1 24/03/2017 38 12.37 2,600 2,600



1 24/03/2017 38 12.37 0 -2,600



1 29/03/2017 38 12.37 1,100 1,100



1 29/03/2017 38 12.37 0 -1,100

Tech Leaders Income Fund Units Tech Leaders Income Fund 1 01/03/2017 38 9.15 600 600

Tech Leaders Income Fund Units Tech Leaders Income Fund 1 01/03/2017 38 9.15 0 -600

Tech Leaders Income Fund Units Tech Leaders Income Fund 1 02/03/2017 38 9.2 3,000 3,000

Tech Leaders Income Fund Units Tech Leaders Income Fund 1 02/03/2017 38 9.2 0 -3,000






Insider Reporting

April 13, 2017

(2017), 40 OSCB 3634



Acquired/ Disposed














Teck Resources Limited Deferred Share Units Ashar, Mayank Mulraj 4 31/03/2017 56 28.015 67,704 696

Teck Resources Limited Deferred Share Units Dottori-Attanasio, Laura Lee 4 31/03/2017 56 28.015 27,081 696

Teck Resources Limited Deferred Share Units Dowling, Edward Camp 4 31/03/2017 56 28.015 41,085 820

Teck Resources Limited Deferred Share Units Fukuda, Eiichi 4 31/03/2017 56 28.015 10,650 588

Teck Resources Limited Deferred Share Units Keevil III, Norman 4 31/03/2017 56 28.015 36,205 713

Teck Resources Limited Deferred Share Units Keevil, Norman Bell 3, 4 31/03/2017 56 28.015 5,149 660

Teck Resources Limited Deferred Share Units Kubota, Takeshi 4 31/03/2017 56 28.015 45,041 642

Teck Resources Limited Deferred Share Units McVicar, Tracey 4 31/03/2017 56 28.015 29,972 820

Teck Resources Limited Deferred Share Units Pickering, Kenneth William 4 31/03/2017 56 28.015 26,151 713

Teck Resources Limited Deferred Share Units Seyffert, Warren S. R. 4 31/03/2017 56 28.015 85,665 874

Teck Resources Limited Deferred Share Units Snider, Timothy Roy 4 31/03/2017 56 28.015 26,239 749

Teck Resources Limited Class B Subordinate Voting Shares

Temagami Mining Company 3 28/02/2017 90 0 -860,000


Temagami Mining Company 3 07/05/2007 00 860,000


Temagami Mining Company 3 04/04/2017 11 -100,000


Temagami Mining Company 3 04/04/2017 11 -100,000


Temagami Mining Company 3 04/04/2017 11 760,000 -100,000

TECSYS Inc. Common Shares Brereton, David 3, 4, 5 31/03/2017 10 10.27 2,509,902 -40,000

TECSYS Inc. Common Shares Brereton, David 3, 4, 5 31/03/2017 47 2,494,902 -15,000

TECSYS Inc. Common Shares Brereton, David 3, 4, 5 31/03/2017 10 10.27 274,436 -30,000

TECSYS Inc. Common Shares BRERETON, KATHRYN 3 31/03/2017 10 10.27 1,112,402 -10,000

TECSYS Inc. Common Shares BRERETON, KATHRYN 3 31/03/2017 47 1,107,402 -5,000

TECSYS Inc. Common Shares Brereton, Peter 4, 5 07/04/2017 10 10.65 432,591 -20,000

TELUS Corporation Deferred Share Units de Wilde, Lisa 4 31/03/2017 30 10,029 109

TELUS Corporation Deferred Share Units de Wilde, Lisa 4 31/03/2017 30 43.14 10,307 278

TELUS Corporation Restricted Share Units Fuller, David 5 31/03/2017 30 43.08 198,718 46,424

TELUS Corporation Deferred Share Units Haddad, Mary Jo 4 31/03/2017 30 15,638 168

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3635



Acquired/ Disposed

TELUS Corporation Deferred Share Units Haddad, Mary Jo 4 31/03/2017 30 43.14 16,194 556

TELUS Corporation Deferred Share Units Lacey, John Stewart 4 31/03/2017 30 114,992 1,273

TELUS Corporation Deferred Share Units Lacey, John Stewart 4 31/03/2017 30 43.14 115,299 307

TELUS Corporation Deferred Share Units Manley, John Paul 4 31/03/2017 30 28,653 312

TELUS Corporation Deferred Share Units Manley, John Paul 4 31/03/2017 30 43.14 29,238 585

TELUS Corporation Deferred Share Units Marwah, Sarabjit 4 31/03/2017 30 8,164 90

TELUS Corporation Deferred Share Units Marwah, Sarabjit 4 31/03/2017 30 43.14 8,720 556

TELUS Corporation Deferred Share Units Mowat, David Lawrence 4 31/03/2017 30 4,741 47

TELUS Corporation Deferred Share Units Mowat, David Lawrence 4 31/03/2017 30 43.14 5,263 522

Temple Hotels Inc. Deferred Shares Cahill, Chris J. 4 31/03/2017 56 117,155 18,471

Temple Hotels Inc. Deferred Shares McLean, Brent John 4 31/03/2017 56 44,160 5,102

Temple Hotels Inc. Deferred Shares Nunn, David John 4 31/03/2017 56 146,336 18,695

TeraGo Inc. Restricted Share Units Ciciretto, Antonio 4, 5 31/03/2017 56 3.74 73,170 28,743

TeraGo Inc. Restricted Share Units Hanson, Daren 5 09/11/2015 00

TeraGo Inc. Restricted Share Units Hanson, Daren 5 31/03/2017 56 3.74 23,529 23,529

TeraGo Inc. Restricted Share Units Perrotta, Ron 5 01/02/2017 00

TeraGo Inc. Restricted Share Units Perrotta, Ron 5 31/03/2017 56 3.74 26,737 26,737

TeraGo Inc. Restricted Share Units Yim, Jeffrey 5 31/03/2014 00

TeraGo Inc. Restricted Share Units Yim, Jeffrey 5 31/03/2017 56 3.74 19,251 19,251

Teranga Gold Corporation Restricted Share Units Chawrun, William Paul 5 31/03/2017 59 0.83 731,540 -62,500

Teranga Gold Corporation Restricted Share Units Chawrun, William Paul 5 31/03/2017 59 0.83 714,873 -16,667

Teranga Gold Corporation Options Dorri, Sepanta 5 31/03/2017 00 875,000

Teranga Gold Corporation Restricted Share Units Dorri, Sepanta 5 31/03/2017 00 516,667

Teranga Gold Corporation Restricted Share Units Dyal, Navin 5 31/03/2017 59 0.83 564,873 -45,833

Teranga Gold Corporation Restricted Share Units Dyal, Navin 5 31/03/2017 59 0.83 548,206 -16,667

Teranga Gold Corporation Options Mallo, David William 5 31/03/2017 00 575,000

Teranga Gold Corporation Restricted Share Units Mallo, David William 5 31/03/2017 00 483,333

Teranga Gold Corporation Restricted Share Units Savarie, David Roger 5 31/03/2017 59 0.83 564,873 -45,833

Teranga Gold Corporation Restricted Share Units Savarie, David Roger 5 31/03/2017 59 0.83 548,206 -16,667

Teranga Gold Corporation Restricted Share Units Young, Richard Scott 4, 5 31/03/2017 59 0.83 1,038,080 -75,000

Teranga Gold Corporation Restricted Share Units Young, Richard Scott 4, 5 31/03/2017 59 0.83 996,413 -41,667

Teras Resources Inc. Options Baid, Kuldip Chander 5 04/04/2017 50 0.15 975,000 100,000

Teras Resources Inc. Options Batiuk, John Richard 4 04/04/2017 50 750,000 100,000

Teras Resources Inc. Options Leger, Peter 4, 5 04/04/2017 50 0.15 1,950,000 550,000

Terra Firma Capital Corporation

Deferred Share Units Bart, Christopher Kenneth 4 31/03/2017 56 234,210 19,156


Deferred Share Units Reichmann, Philip 4 31/03/2017 56 201,399 17,028


Deferred Share Units Rosenblatt, Reuben Maurice

4 31/03/2017 56 252,553 10,642


Common Shares Temkin, Seymour 4 08/11/2011 00


Common Shares Temkin, Seymour 4 19/12/2016 51 0.5 42,667 42,667


Common Shares Temkin, Seymour 4 19/12/2016 11 0.63 0 -42,667


Common Shares Temkin, Seymour 4 19/12/2016 51 0.5 42,667


Common Shares Temkin, Seymour 4 19/12/2016 11 0.63 92,667 42,667


Deferred Share Units Temkin, Seymour 4 31/03/2017 56 268,057 21,285

Tetra Bio-Pharma Inc. Common Shares miller, edward 5 27/03/2017 00

Tetra Bio-Pharma Inc. Common Shares miller, edward 5 29/03/2017 10 0.68 20,000 20,000



Insider Reporting

April 13, 2017

(2017), 40 OSCB 3636



Acquired/ Disposed

TFI International Inc. Deferred Share Units ARVES, SCOTT C. 4 31/03/2017 56 3,784 846

TFI International Inc. Deferred Share Units BÚrard, AndrÚ 4 31/03/2017 56 85,558 1,488

TFI International Inc. Deferred Share Units Bouchard, Lucien 4 31/03/2017 56 53,236 913

TFI International Inc. Deferred Share Units Guay, Richard 4, 5 31/03/2017 56 39,555 567

TFI International Inc. Deferred Share Units LO, ANNIE HAIYUAN 4 31/03/2017 56 13,342 838

TFI International Inc. Deferred Share Units Manning, Neil Donald 4 31/03/2017 56 18,241 948

TFI International Inc. Deferred Share Units Saputo, Joey 4 31/03/2017 56 31.32 10,755 934

The Toronto-Dominion Bank Common Shares CUSIP 891160 50 9

The Toronto-Dominion Bank 1 22/03/2017 38 64.64 100,000 100,000


The Toronto-Dominion Bank 1 22/03/2017 38 64.64 0 -100,000


























The Toronto-Dominion Bank 1 31/03/2017 38 58.59 1,046,300 1,046,300


The Toronto-Dominion Bank 1 31/03/2017 38 58.59 0 -1,046,300

The Westaim Corporation Deferred Share Units Cole, Stephen 4 03/04/2017 46 2.98 100,087 10,907

The Westaim Corporation Options Delaney, Ian William 4, 5 03/04/2017 50 3 1,383,467 793,232

The Westaim Corporation Deferred Share Units Gildner, John William 4 03/04/2017 56 146,256 7,970

The Westaim Corporation Options Kittel, Robert 5 03/04/2017 50 3 2,072,200 1,189,847

The Westaim Corporation Options MacDonald, J. Cameron 4 03/04/2017 50 3 2,762,933 1,586,463

The Westaim Corporation Options MacNeil, Glenn Garry 5 03/04/2017 50 3 220,441 132,206

The Westaim Corporation Deferred Share Units Puccetti, Peter H. 4 03/04/2017 46 2.98 86,610 6,292

The Westaim Corporation Options Schenk, Joseph Arthur 7, 5 10/03/2016 00

The Westaim Corporation Options Schenk, Joseph Arthur 7, 5 03/04/2017 50 3 105,765 105,765

The Westaim Corporation Deferred Share Units Walter, Bruce V. 4 03/04/2017 46 2.98 53,239 6,292

Theratechnologies Inc. Common Shares Dubuc, Philippe 5 07/04/2017 10 5.85 13,200 200

Theratechnologies Inc. Common Shares Dubuc, Philippe 5 07/04/2017 10 5.86 15,800 2,600



Theratechnologies Inc. Options Dubuc, Philippe 5 07/04/2017 50 5.96 215,000 40,000

Theratechnologies Inc. Options Fortin, Lyne 5 07/04/2017 50 5.96 215,000 40,000

Theratechnologies Inc. Options Lafond, Jocelyn 5 07/04/2017 50 5.96 315,000 15,000

Thomson Reuters Corporation

Common Shares Bello, Stephane 5 30/03/2017 57 114,731 64,139

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3637



Acquired/ Disposed


Restricted Share Units Bello, Stephane 5 30/03/2017 57 177,778 -120,903


Common Shares Collier, Timothy 7 30/03/2017 57 28,953 11,710


Common Shares Collier, Timothy 7 31/03/2017 57 32,312 3,359


Restricted Share Units Collier, Timothy 7 30/03/2017 57 86,419 -24,180


Restricted Share Units Collier, Timothy 7 31/03/2017 57 79,482 -6,937


Common Shares Craig, David William Ian 7, 5 30/03/2017 57 144,345 96,118


Restricted Share Units Craig, David William Ian 7, 5 30/03/2017 57 40,845 -181,355


Common Shares King, Richard Harrison 7, 5 30/03/2017 57 33,518 21,178


Restricted Share Units King, Richard Harrison 7, 5 30/03/2017 57 34,546 -42,316


Common Shares Masterson, Neil Thomas 7, 5 30/03/2017 57 22,379 17,246


Restricted Share Units Masterson, Neil Thomas 7, 5 30/03/2017 57 97,421 -36,271


Common Shares Peccarelli, Brian S. 7, 5 30/03/2017 57 57,597 24,563


Restricted Share Units Peccarelli, Brian S. 7, 5 30/03/2017 57 92,511 -42,316


Common Shares Scanlon, Brian Louis 5 31/03/2017 57 12,346 1,903


Common Shares Scanlon, Brian Louis 5 31/03/2017 57 18,055 5,709


Restricted Share Units Scanlon, Brian Louis 5 31/03/2017 57 84,493 -3,718


Restricted Share Units Scanlon, Brian Louis 5 31/03/2017 57 73,341 -11,152


Common Shares Smith, James Clifton 5 30/03/2017 57 355,712 121,628


Restricted Share Units Smith, James Clifton 5 30/03/2017 57 308,276 -241,807


Common Shares Taylor, Susan C. 7, 5 30/03/2017 57 71,080 16,019


Restricted Share Units Taylor, Susan C. 7, 5 30/03/2017 57 84,109 -30,225


Common Shares Thomson Reuters Corporation

1 01/03/2017 38 56.509 226,700 28,700



1 01/03/2017 38 42.36 264,000 37,300



1 02/03/2017 38 57.341 290,100 26,100



1 02/03/2017 38 42.878 330,000 39,900



1 02/03/2017 38 54.465 1,330,000 1,000,000



1 03/03/2017 38 57.483 1,157,800 25,800



1 03/03/2017 38 42.886 1,198,000 40,200



1 03/03/2017 38 198,000 -1,000,000



1 06/03/2017 38 57.48 223,700 25,700



1 06/03/2017 38 42.87 264,000 40,300

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3638



Acquired/ Disposed



1 07/03/2017 38 57.661 289,800 25,800



1 07/03/2017 38 42.983 330,000 40,200



1 07/03/2017 38 54.619 1,330,000 1,000,000



1 08/03/2017 38 58.075 1,355,800 25,800



1 08/03/2017 38 43.089 1,396,000 40,200



1 09/03/2017 38 58.08 1,421,900 25,900



1 09/03/2017 38 43.001 1,462,000 40,100



1 10/03/2017 38 58.155 1,488,000 26,000



1 10/03/2017 38 43.187 1,528,000 40,000



1 10/03/2017 38 1,198,000 -330,000



1 10/03/2017 38 198,000 -1,000,000



1 13/03/2017 38 58.385 221,300 23,300



1 13/03/2017 38 43.422 257,000 35,700



1 14/03/2017 38 58.338 280,400 23,400



1 14/03/2017 38 43.255 316,000 35,600



1 14/03/2017 38 55.184 2,316,000 2,000,000



1 15/03/2017 38 58.283 2,339,500 23,500



1 15/03/2017 38 43.432 2,375,000 35,500



1 15/03/2017 38 375,000 -2,000,000



1 17/03/2017 38 59,000 -316,000



1 20/03/2017 38 57.917 86,700 27,700



1 20/03/2017 38 43.352 123,900 37,200



1 20/03/2017 38 55.183 1,123,900 1,000,000



1 21/03/2017 38 57.839 1,151,600 27,700



1 21/03/2017 38 43.427 1,188,800 37,200



1 21/03/2017 38 188,800 -1,000,000



1 22/03/2017 38 57.816 214,100 25,300



1 22/03/2017 38 43.284 247,800 33,700



1 23/03/2017 38 58.118 275,000 27,200



1 23/03/2017 38 43.577 306,800 31,800



1 24/03/2017 38 58.749 333,300 26,500

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3639



Acquired/ Disposed



1 24/03/2017 38 43.936 365,800 32,500



1 24/03/2017 38 177,000 -188,800



1 27/03/2017 38 58.266 204,000 27,000



1 27/03/2017 38 43.561 236,000 32,000



1 28/03/2017 38 58.383 263,400 27,400



1 28/03/2017 38 43.661 295,000 31,600



1 29/03/2017 38 58.022 322,500 27,500



1 29/03/2017 38 43.438 354,000 31,500



1 30/03/2017 38 57.811 384,500 30,500



1 30/03/2017 38 43.466 413,000 28,500



1 31/03/2017 38 57.553 444,100 31,100



1 31/03/2017 38 43.257 472,000 27,900



1 31/03/2017 38 177,000 -295,000



1 07/04/2017 38 0 -177,000

ThreeD Capital Inc.(formerly Brownstone Energy Inc.)

Options Bloch, Daniel Nathan 5 05/04/2017 00


Options Bloch, Daniel Nathan 5 05/04/2017 50 250,000 250,000


Options Rai, Rajiv 4 30/03/2017 00


Options Rai, Rajiv 4 05/04/2017 50 250,000 250,000

Tidewater Midstream and Infrastructure Ltd.

Common Shares Fraser, Douglas Scott 4 04/04/2017 10 1.49 102,700 50,000


Options Fraser, Douglas Scott 4 03/04/2017 50 1.47 135,000 15,000


Restricted Share Units Fraser, Douglas Scott 4 03/04/2017 46 1.47 150,000 15,000


Options Holyoake, Stephen John 4 03/04/2017 50 1.47 125,000 15,000


Restricted Share Units Holyoake, Stephen John 4 03/04/2017 46 1.47 150,000 15,000


Options Ketch, Jeffery 5 03/04/2017 50 1.47 325,000 50,000


Restricted Share Units Ketch, Jeffery 5 03/04/2017 46 1.47 625,000 125,000


Common Shares MacLeod, Joel 4 04/04/2017 10 1.461 4,406,200 51,000






Options MacLeod, Joel 4 03/04/2017 50 1.47 435,000 100,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3640



Acquired/ Disposed


Restricted Share Units MacLeod, Joel 4 03/04/2017 46 1.47 770,000 150,000


Options Mckenna, Tobias John 4, 5 03/04/2017 50 1.47 340,000 50,000


Restricted Share Units Mckenna, Tobias John 4, 5 03/04/2017 46 1.47 710,000 125,000


Options Vorra, Joel Kyle 5 03/04/2017 50 1.47 340,000 50,000


Restricted Share Units Vorra, Joel Kyle 5 03/04/2017 46 1.47 710,000 125,000


Options Williams, Jarvis 5 03/04/2017 50 1.47 340,000 50,000


Restricted Share Units Williams, Jarvis 5 03/04/2017 46 1.47 710,000 125,000


Options Wong-Chor, Trevor 4 03/04/2017 50 110,000 10,000


Restricted Share Units Wong-Chor, Trevor 4 03/04/2017 56 165,000 15,000


Common Shares Wright, David Robert 4 04/04/2017 10 1.44 110,200 10,000


Common Shares Wright, David Robert 4 04/04/2017 10 1.48 125,200 15,000


Options Wright, David Robert 4 03/04/2017 50 1.47 50,000 15,000


Restricted Share Units Wright, David Robert 4 03/04/2017 46 1.47 50,000 15,000

TomaGold Corporation Common Shares de catÚgorie "A"

Planet Mining Exploration Inc.

3 05/04/2017 10 0.085 14,750,000 -250,000

TORC Oil & Gas Ltd. Performance Awards Brown, Alexander C. (Sandy)

5 31/03/2017 56 136,879 52,227

TORC Oil & Gas Ltd. Restricted Awards Brown, Alexander C. (Sandy)

5 31/03/2017 56 34,219 13,057

TORC Oil & Gas Ltd. Restricted Awards Brussa, John Albert 4 31/03/2017 56 27,157 21,961

TORC Oil & Gas Ltd. Restricted Awards Canada Pension Plan Investment Board

3 31/03/2017 56 27,158 21,961

TORC Oil & Gas Ltd. Restricted Awards Chernoff, M. Bruce 4 31/03/2017 56 27,158 21,961

TORC Oil & Gas Ltd. Performance Awards Herman, Brett 5 31/03/2017 56 401,181 162,135

TORC Oil & Gas Ltd. Restricted Awards Herman, Brett 5 31/03/2017 56 100,296 40,534

TORC Oil & Gas Ltd. Restricted Awards Johnson, David Daniel 4 31/03/2017 56 27,158 21,961

TORC Oil & Gas Ltd. Performance Awards Manchester, Shane 5 31/03/2017 56 140,014 52,227

TORC Oil & Gas Ltd. Restricted Awards Manchester, Shane 5 31/03/2017 56 35,004 13,057

TORC Oil & Gas Ltd. Restricted Awards Shwed, Dale Orest 4 31/03/2017 56 27,158 21,961

TORC Oil & Gas Ltd. Performance Awards Tang, Marvin 5 31/03/2017 56 58,309 26,630

TORC Oil & Gas Ltd. Restricted Awards Tang, Marvin 5 31/03/2017 56 22,024 6,658

TORC Oil & Gas Ltd. Performance Awards Wallis, Jeremy 5 31/03/2017 56 171,072 63,706

TORC Oil & Gas Ltd. Restricted Awards Wallis, Jeremy 5 31/03/2017 56 42,769 15,927

TORC Oil & Gas Ltd. Performance Awards Wihak, Michael 5 31/03/2017 56 171,072 63,706

TORC Oil & Gas Ltd. Restricted Awards Wihak, Michael 5 31/03/2017 56 42,769 15,927

TORC Oil & Gas Ltd. Common Shares Zabinsky, Jason 5 05/04/2017 10 7.001 654,532 -29,000

TORC Oil & Gas Ltd. Common Shares Zabinsky, Jason 5 04/04/2017 10 6.892 14,000

TORC Oil & Gas Ltd. Common Shares Zabinsky, Jason 5 04/04/2017 10 6.892 21,500 14,500

TORC Oil & Gas Ltd. Common Shares Zabinsky, Jason 5 04/04/2017 10 6.91 21,500 14,500

TORC Oil & Gas Ltd. Performance Awards Zabinsky, Jason 5 31/03/2017 56 206,650 79,776

TORC Oil & Gas Ltd. Restricted Awards Zabinsky, Jason 5 31/03/2017 56 51,662 19,944

Toromont Industries Ltd. Rights Deferred Share Units (cash settled)

Casson, Randall 7, 2 03/04/2017 56 22,372 92


Chisholm, Jeffrey Scott 4 31/03/2017 56 15,181 145

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3641



Acquired/ Disposed


Chisholm, Jeffrey Scott 4 03/04/2017 56 15,243 62


Cochrane, Jennifer 5 03/04/2017 56 6,579 27


Cranston, Cathryn Elizabeth 4 31/03/2017 56 16,357 535


Cranston, Cathryn Elizabeth 4 03/04/2017 56 16,422 65


Cuddy, Mike 7 03/04/2017 56 11,065 45


Franklin, Robert 4 31/03/2017 56 38,188 287


Franklin, Robert 4 03/04/2017 56 38,344 156


GALLOWAY, DAVID ALEXANDER

4 31/03/2017 56 62,553 633


GALLOWAY, DAVID ALEXANDER

4 03/04/2017 56 62,808 255


Gill, James Wendell 4 31/03/2017 56 5,658 535


Gill, James Wendell 4 03/04/2017 56 5,679 21


Hill, Wayne S. 4, 5 03/04/2017 56 9,771 40


Jewer, Paul Randolph 5 03/04/2017 56 38,447 158


Malinauskas, David Allan 5 03/04/2017 56 5,030 21


McCallum, John S. 4 03/04/2017 56 9,771 40


Medhurst, Scott 4, 5 03/04/2017 56 14,709 60


Ogilvie, Robert M. 4, 5 01/04/2016 56 33.43 220


Ogilvie, Robert M. 4, 5 01/04/2016 56 33.43 41,149 220


Rethy, Katherine Anne 4 03/04/2017 56 14,097 58


Wetherald, David 5 03/04/2017 56 13,571 56

Torstar Corporation Rights Deferred Share Units

Aitken, Daryl Denice 4 31/03/2017 56 37,112 7,678

Torstar Corporation Rights Restricted Share Units

Barber, Jennifer 5 31/03/2017 56 70,532 960


Berger, Elaine Margaret Ellen

4 31/03/2017 56 76,000 6,845


Beyette, Marie Elizabeth 5 31/03/2017 56 72,490 987


DeMarchi, Lorenzo John David

5 31/03/2017 56 171,836 2,339


Fleming, Derek John 7 31/03/2017 56 29,777 405


Goodridge, Christopher Michael

5 31/03/2017 56 66,547 905


Harvey, Campbell Russell 3, 4 31/03/2017 56 86,375 6,987


Honderich, John Allen 3, 4 31/03/2017 56 82,447 6,933


Hughes, Linda 4 31/03/2017 56 66,950 6,722


Jauernig, Daniel 4 31/03/2017 56 150,870 11,135

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3642



Acquired/ Disposed


Oliver, Ian Alan 7 31/03/2017 56 20,012 273


Oliver, Ian Alan 7 31/03/2017 56 161,098 2,194


Samji, Alnasir Hussein Habib

4 31/03/2017 56 96,989 7,131


Strachan, Dorothy Ann Regina

4 31/03/2017 56 57,242 6,590


Thall, Martin 4 31/03/2017 56 86,375 6,987


Weiss, Paul Raymond 4 31/03/2017 56 80,787 6,910

Touchstone Exploration Inc. Common Shares WRIGHT, JOHN DAVID 4, 5 07/04/2017 10 0.155 4,633,027 30,000

TransAlta Corporation PSU (Performance Share Units)

Pierce, Jennifer 5 01/01/2017 35 6.49 1,253


Pierce, Jennifer 5 01/01/2017 35 6.56 51,040 1,312

TransAlta Corporation Options Willis, Aron John 5 31/01/2017 00

TransAlta Corporation Options Willis, Aron John 5 07/03/2017 50 7.19 35,454

TransAlta Corporation Options Willis, Aron John 5 07/03/2017 50 7.25 35,454 35,454


Willis, Aron John 5 01/01/2017 30 7.25 59,115 21,848


Willis, Aron John 5 01/01/2017 35 6.49 59,136 21


Willis, Aron John 5 28/02/2017 30 7.43 55,265 -3,871

TransAlta Corporation RSU (Restricted Share Units)

Willis, Aron John 5 01/01/2017 30 7.43 16,708 -1,926

TransAlta Corporation RSU (Restricted Share Units)

Willis, Aron John 5 07/03/2017 30 7.25 26,639 9,931

TransCanada Corporation Common Shares Hanrahan, Wendy 5 06/04/2017 10 62.94 8,657 220

TransCanada Corporation Common Shares Hanrahan, Wendy 5 06/04/2017 10 62.92 8,842 185

TransCanada Corporation Common Shares Johannson, Karl 5 05/04/2017 51 37.93 18,348 18,348

TransCanada Corporation Common Shares Johannson, Karl 5 05/04/2017 10 62.61 17,996 -352

TransCanada Corporation Common Shares Johannson, Karl 5 05/04/2017 10 62.56 108

TransCanada Corporation Common Shares Johannson, Karl 5 05/04/2017 10 62.56 108





TransCanada Corporation Common Shares Johannson, Karl 5 05/04/2017 10 62.42 0 -17,237

TransCanada Corporation Options Granted Feb. 18, 2011 @ $37.93 CDN Expiry Feb. 18, 2018

Johannson, Karl 5 05/04/2017 51 0 -18,348

TransCanada Corporation Common Shares Moran, Charles 7 03/04/2017 10 45.82 3,700 1,600

TransCanada Corporation Common Shares Patry, Dean C. 7 05/04/2017 10 62.23 2,100 1,600

TransCanada Corporation Common Shares Poirier, Francois Lionel 7 03/04/2017 10 60.92 12,000 10,000

TransCanada Corporation Common Shares Pourbaix, Alex 5 05/04/2017 51 37.93 88,570 48,770

TransCanada Corporation Common Shares Pourbaix, Alex 5 05/04/2017 10 62.61 87,622 -948

TransCanada Corporation Common Shares Pourbaix, Alex 5 05/04/2017 10 62.56 87,184 -438

TransCanada Corporation Common Shares Pourbaix, Alex 5 05/04/2017 10 62.52 85,654 -1,530

TransCanada Corporation Common Shares Pourbaix, Alex 5 05/04/2017 10 62.42 39,800 -45,854

TransCanada Corporation Options Granted Feb. 18, 2011 @ $37.93 CDN Expiry Feb. 18, 2018

Pourbaix, Alex 5 05/04/2017 51 48,770 -48,770

TransCanada Corporation Common Shares Van der Put, Jan 7 05/04/2017 51 47.09 1,000 1,000

TransCanada Corporation Common Shares Van der Put, Jan 7 05/04/2017 10 62.48 0 -1,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3643



Acquired/ Disposed

TransCanada Corporation Options Granted February 15, 2013 @ $47.09 CDN

Van der Put, Jan 7 05/04/2017 51 3,730 -1,000

Transeastern Power Trust Trust Units SAI SIRA S.A. 3 03/04/2017 10 0.53 8,665,063 500

TransGlobe Energy Corporation

Convertible Debentures TGL.DB

Brister, Matthew 4 31/03/2017 16 -$741,000



Brister, Matthew 4 31/03/2017 38 $0 -$741,000



Clarkson, Ross Gordon 4, 5 31/03/2017 16 -$100,000



Clarkson, Ross Gordon 4, 5 31/03/2017 38 $0 -$100,000



Jennings, Robert 4 31/03/2017 16 -$185,500



Jennings, Robert 4 31/03/2017 38 $0 -$185,500

Tree Island Steel Ltd. Common Shares Tree Island Steel Ltd. (formerly known as Tree Island Wire Income Fund)

1 15/03/2017 38 4.2441 3,400 3,400


1 17/03/2017 38 4.2482 5,100 1,700


1 20/03/2017 38 4.1794 12,300 7,200


1 21/03/2017 38 4.2362 20,900 8,600


1 22/03/2017 38 4.195 25,700 4,800


1 23/03/2017 38 4.1588 34,100 8,400


1 24/03/2017 38 4.2415 40,800 6,700


1 27/03/2017 38 4.22 215,300 174,500


1 30/03/2017 38 0 -215,300

Trek Mining Inc. (formerly JDL Gold Corp.)

Options ALVES, FELIPE 4 31/03/2017 00 82,875


Common Shares Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 00 8,840


Common Shares Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 36 2 13,840 5,000


Rights Restricted Share Units - Preformance Based

Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 00 110,500


Rights Restricted Share Units - Time Based

Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 00 82,875


Subscription Receipts Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 00 5,000



5 31/03/2017 57 0 -5,000



5 31/03/2017 00 5,000



5 31/03/2017 57 0 -5,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3644



Acquired/ Disposed


Warrants Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 00


Warrants Bailie, Rhylin Pauline Arkinstall

5 31/03/2017 36 3 5,000 5,000


Common Shares D'Amici, Sebastian 5 31/03/2017 00 125,813


Rights Restricted Share Units - Performance Based

D'Amici, Sebastian 5 31/03/2017 00 221,000



D'Amici, Sebastian 5 31/03/2017 00 110,500


Warrants (Luna) D'Amici, Sebastian 5 31/03/2017 00 1,125,000


Common Shares de Groot, Marcel H. 3, 4, 5 31/03/2017 36 1,183,173 200,000


Common Shares de Groot, Marcel H. 3, 4, 5 31/03/2017 22 1,233,165 49,992


Subscription Receipts de Groot, Marcel H. 3, 4, 5 31/03/2017 36 0 -200,000


Subscription Receipts de Groot, Marcel H. 3, 4, 5 31/03/2017 36 0 -200,000


Warrants de Groot, Marcel H. 3, 4, 5 31/03/2017 36 502,365 200,000


Warrants (Luna)(Common Shares)

de Groot, Marcel H. 3, 4, 5 29/06/2007 00


Warrants (Luna)(Common Shares)

de Groot, Marcel H. 3, 4, 5 31/03/2017 22 450,000 450,000


Common Shares Hardie, Peter Jeremie 5 31/03/2017 00 234,813


Common Shares Hardie, Peter Jeremie 5 31/03/2017 36 2 259,813 25,000


Rights Restricted Share Units - Preformance Based

Hardie, Peter Jeremie 5 31/03/2017 00 221,000



Hardie, Peter Jeremie 5 31/03/2017 00 143,650


Subscription Receipts Hardie, Peter Jeremie 5 31/03/2017 00 25,000


Subscription Receipts Hardie, Peter Jeremie 5 31/03/2017 57 0 -25,000


Subscription Receipts Hardie, Peter Jeremie 5 31/03/2017 00 25,000


Subscription Receipts Hardie, Peter Jeremie 5 31/03/2017 57 0 -25,000


Warrants Hardie, Peter Jeremie 5 31/03/2017 00 2,125,000


Warrants Hardie, Peter Jeremie 5 31/03/2017 36 3 2,150,000 25,000


Common Shares Heffernan, Robert Scott 5 31/03/2017 00 140,225


Common Shares Heffernan, Robert Scott 5 31/03/2017 36 2 150,225 10,000



Heffernan, Robert Scott 5 31/03/2017 00 221,000



Heffernan, Robert Scott 5 31/03/2017 00 121,550


Subscription Receipts Heffernan, Robert Scott 5 31/03/2017 00 10,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3645



Acquired/ Disposed


Subscription Receipts Heffernan, Robert Scott 5 31/03/2017 57 0 -10,000


Subscription Receipts Heffernan, Robert Scott 5 31/03/2017 00 10,000


Subscription Receipts Heffernan, Robert Scott 5 31/03/2017 57 0 -10,000


Warrants Heffernan, Robert Scott 5 31/03/2017 00 1,050


Warrants Heffernan, Robert Scott 5 31/03/2017 36 3 11,050 10,000


Warrants (Luna) Heffernan, Robert Scott 5 31/03/2017 00 1,250,000


Rights Restricted Share Units

Kinsman, Pamela 5 31/03/2017 00 5,525


Common Shares Laing, David Charles 5 31/03/2017 00 271,000


Common Shares Laing, David Charles 5 31/03/2017 57 -50,000


Common Shares Laing, David Charles 5 31/03/2017 57 -50,000


Common Shares Laing, David Charles 5 31/03/2017 36 50000 321,000 50,000



Laing, David Charles 5 31/03/2017 00 442,000



Laing, David Charles 5 31/03/2017 00 221,000


Subscription Receipts Laing, David Charles 5 31/03/2017 00 50,000


Subscription Receipts Laing, David Charles 5 31/03/2017 57 0 -50,000


Subscription Receipts Laing, David Charles 5 31/03/2017 00 50,000


Subscription Receipts Laing, David Charles 5 31/03/2017 57 0 -50,000


Warrants Laing, David Charles 5 31/03/2017 00 50,000


Warrants Laing, David Charles 5 31/03/2017 36 3 100,000 50,000


Warrants (Luna) Laing, David Charles 5 31/03/2017 00


Warrants (Luna) Laing, David Charles 5 31/03/2017 00 2,000,000


Common Shares Lowell, J. David 3, 4, 5 31/03/2017 36 257,209 250,000


Common Shares Lowell, J. David 3, 4, 5 31/03/2017 22 258,314 1,105


Subscription Receipts Lowell, J. David 3, 4, 5 31/03/2017 36 0 -250,000


Subscription Receipts Lowell, J. David 3, 4, 5 31/03/2017 36 0 -250,000


Warrants Lowell, J. David 3, 4, 5 31/03/2017 36 3 253,604 250,000


Common Shares Milau, Christian 4, 5 31/03/2017 00


Common Shares Milau, Christian 4, 5 31/03/2017 00


Common Shares Milau, Christian 4, 5 31/03/2017 00 61,500


Common Shares Milau, Christian 4, 5 31/03/2017 36 2 186,500 125,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3646



Acquired/ Disposed



Milau, Christian 4, 5 31/03/2017 00 442,000



Milau, Christian 4, 5 31/03/2017 00 221,000


Subscription Receipts Milau, Christian 4, 5 31/03/2017 00 125,000


Subscription Receipts Milau, Christian 4, 5 31/03/2017 57 0 -125,000


Subscription Receipts Milau, Christian 4, 5 31/03/2017 00 125,000


Subscription Receipts Milau, Christian 4, 5 31/03/2017 57 0 -125,000


Warrants Milau, Christian 4, 5 31/03/2017 00 62,500


Warrants Milau, Christian 4, 5 31/03/2017 36 3 187,500 125,000


Warrants (Luna) Milau, Christian 4, 5 31/03/2017 00 2,500,000


Common Shares Pacific Road Resources Fund II L.P.

3 31/03/2017 00


Common Shares Pacific Road Resources Fund II L.P.

3 31/03/2017 16 20,899,263 20,899,263


Warrants Pacific Road Resources Fund II L.P.

3 31/03/2017 00



3 31/03/2017 16 1.13 64,700,000



3 31/03/2017 16 1.13 56,754,840 56,754,840



3 31/03/2017 16 0.9 188,334,840 131,580,000


Common Shares Pease, Robert 4 31/03/2017 00


Common Shares Pease, Robert 4 31/03/2017 36 25000 25,000 25,000


Options Pease, Robert 4 31/03/2017 00 82,875


Subscription Receipts Pease, Robert 4 31/03/2017 00 25,000


Subscription Receipts Pease, Robert 4 31/03/2017 57 0 -25,000


Subscription Receipts Pease, Robert 4 31/03/2017 00 25,000


Subscription Receipts Pease, Robert 4 31/03/2017 57 0 -25,000


Warrants Pease, Robert 4 31/03/2017 00


Warrants Pease, Robert 4 31/03/2017 36 3 25,000 25,000


Common Shares Smith, Gregory 4 31/03/2017 36 1,465,115 15,000


Options (Luna) Smith, Gregory 4 17/09/2009 00


Options (Luna) Smith, Gregory 4 31/03/2017 22 75,000 75,000


Subscription Receipts Smith, Gregory 4 31/03/2017 36 0 -15,000


Subscription Receipts Smith, Gregory 4 31/03/2017 36 0 -15,000


Warrants Smith, Gregory 4 31/03/2017 36 249,750 15,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3647



Acquired/ Disposed


Common Shares Wilton, Daniel William 4 31/03/2017 00 6,976


Options Wilton, Daniel William 4 31/03/2017 00 82,875


Warrants Wilton, Daniel William 4 31/03/2017 00 3,488


Common Shares Zebra Holdings and Investments (Guernsey) Limited

3 31/03/2017 36 5,261,891 1,500,000


Subscription Receipts Zebra Holdings and Investments (Guernsey) Limited

3 31/03/2017 36 0 -1,500,000


Subscription Receipts Zebra Holdings and Investments (Guernsey) Limited

3 31/03/2017 36 0 -1,500,000


Warrants Zebra Holdings and Investments (Guernsey) Limited

3 31/03/2017 36 3,576,658 1,500,000

Trican Well Service Ltd. Options Employee Stock Options

Baldwin, Michael Andrew 5 30/03/2017 50 3.72 751,983 178,800

Trican Well Service Ltd. Performance Unit Awards (PSUs)

Baldwin, Michael Andrew 5 30/03/2017 56 172,100 69,300


Cox, Robert, John 5 30/03/2017 50 3.72 647,150 116,500


Cox, Robert, John 5 30/03/2017 56 128,500 51,700


Dusterhoft, Dale M. 5 30/03/2017 50 3.72 1,417,450 305,000


Dusterhoft, Dale M. 5 30/03/2017 56 428,100 172,300


Girard, David Joseph 5 30/03/2017 50 3.72 323,166 68,600


Girard, David Joseph 5 30/03/2017 56 82,300 33,100


Onwuekwe, Chika Benjamin 5 06/03/2017 00


Onwuekwe, Chika Benjamin 5 30/03/2017 50 3.72 50,000 50,000

Trican Well Service Ltd. Rights Deferred Share Units (DSUs)

Pourbaix, Alex 4 31/03/2017 56 4,358

Trican Well Service Ltd. Rights Deferred Share Units (DSUs)

Pourbaix, Alex 4 31/03/2017 56 307,015 5,020

Tricon Capital Group Inc. Common Shares Berman, David 3, 4, 6, 5 03/04/2017 11 10.82 1,323,562 -410,000

Tricon Capital Group Inc. Common Shares Berman, David 3, 4, 6, 5 03/04/2017 47 10.82 1,173,562 -150,000

Tricon Capital Group Inc. Common Shares Berman, David 3, 4, 6, 5 03/04/2017 47 10.82 850,000 150,000

Tricon Capital Group Inc. Common Shares Berman, David 3, 4, 6, 5 03/04/2017 47 10.82 822,500 -27,500

Tricon Capital Group Inc. Common Shares Berman, David 3, 4, 6, 5 03/04/2017 11 10.82 1,345,149 410,000

Tricon Capital Group Inc. Deferred Share Units Gluskin, Ira 4 31/03/2017 46 10.88 1,912 1,628

Tricon Capital Group Inc. Deferred Share Units KNOWLTON, JOHN MICHAEL ARTHUR

4 31/03/2017 46 10.88 12,037 862

Tricon Capital Group Inc. Deferred Share Units Matthews, Sian Margaret 4 31/03/2017 46 10.88 11,239 1,723

Tricon Capital Group Inc. Common Shares Mode, Craig 5 03/04/2017 57 10.9 43,976 6,980

Tricon Capital Group Inc. Deferred Share Units Mode, Craig 5 03/04/2017 57 107,426 -6,980

Tricon Capital Group Inc. Deferred Share Units Mode, Craig 5 03/04/2017 58 - Expiration of rights

98,190 -9,236

Tricon Capital Group Inc. Deferred Share Units Sacks, Peter 4 31/03/2017 46 10.88 8,479 862

Triumph Gold Corp. Common Shares Palisade Global Investments Ltd.

3 05/04/2017 10 0.41 6,770,000 44,000


3 06/04/2017 10 0.42 6,788,000 18,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3648



Acquired/ Disposed


3 06/04/2017 10 0.4 6,828,000 40,000

True North Commercial Real Estate Investment Trust

Trust Units Baryshnik, Jeff Matthew 4 31/03/2017 30 6.1281 24,217 588


Trust Units Biggar, William John 4 31/03/2017 30 6.1281 38,132 892


Trust Units Cardy, Roland 4 31/03/2017 30 6.1281 24,717 661


Trust Units Ossip, Alon Samuel 4 31/03/2017 30 6.1281 2,941 539


Trust Units Poklar, Sandy Ivan 4 31/03/2017 30 6.1281 15,333 675

TSO3 inc. Common Shares Kayll, Glen 5 31/03/2017 30 3.17 13,032 832

TSO3 inc. Common Shares Simard-Veilleux, ╔lÚna 5 31/03/2017 30 3.17 2,492 246

TSO3 inc. Common Shares Tessman, Harold Robert 5 31/03/2017 30 3.17 19,326 759

Tsodilo Resources Limited Options Bruchs, James 4, 5 03/04/2017 52 1,925,000 -50,000

Tsodilo Resources Limited Options Bruchs, James 4, 5 03/04/2017 50 0.85 1,975,000 50,000

Tsodilo Resources Limited Options Bruington, Thomas Seldon 4 03/04/2017 50 0.85 300,000 50,000

Tsodilo Resources Limited Options de Wit, Michiel Cornelis Jan 4 03/04/2017 50 0.85 1,080,000 50,000

Tsodilo Resources Limited Options de Wit, Michiel Cornelis Jan 4 03/04/2017 52 1,030,000 -50,000

Tsodilo Resources Limited Options McGinley, Patrick Charles 4 03/04/2017 50 0.85 500,000 50,000

Tsodilo Resources Limited Options McGinley, Patrick Charles 4 03/04/2017 52 0.74 50,000

Tsodilo Resources Limited Options McGinley, Patrick Charles 4 03/04/2017 52 0.74 50,000

Tsodilo Resources Limited Options McGinley, Patrick Charles 4 03/04/2017 52 0.74 450,000 -50,000

Tucows Inc. Common Shares Singh, Davinder 5 01/04/2017 00 3,000

Tucows Inc. Options Singh, Davinder 5 01/04/2017 00 7,000

Turquoise Hill Resources Ltd.

TRQ Performance Share Unit

Shaffer, Tony 5 29/03/2017 00 12,680

TWC Enterprises Limited Common Shares tamlin, andrew 5 30/03/2017 10 10.5 2,300 300

TWC Enterprises Limited Common Shares tamlin, andrew 5 31/03/2017 10 10.5 3,000 700

UEX Corporation Common Shares Sorensen, Stephen Harvey 3 03/04/2017 10 0.299 16,250,000 -750,000

UEX Corporation Common Shares Sorensen, Stephen Harvey 3 04/04/2017 10 0.2856 16,000,000 -250,000

Uni-SÚlect Inc. UnitÚs d'actions diffÚrÚes (UAD) / Deferred Share Unit Plan

Buzzard, James E. 4 31/03/2017 56 34.778 24,953 378



4 31/03/2017 56 34.778 2,746 645


Courville, AndrÚ 4 31/03/2017 56 34.778 8,484 776

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3649



Acquired/ Disposed


Curadeau-Grou, Patricia 4 31/03/2017 56 34.778 20,415 841


Dulac, Jean 4 31/03/2017 56 34.778 5,754 144


Hall, Jeffrey 4 31/03/2017 56 34.778 3,079 449


Keister, Richard Lewis 4 31/03/2017 56 34.778 14,226 192


Roy, Richard G 4 31/03/2017 56 34.778 1,517 144


Welvaert, Dennis 4 31/03/2017 56 34.778 10,930 532

Unigold Inc. Common Shares Tremblay, Norman 3 04/04/2017 10 0.24 7,762,494 50,000

Unigold Inc. Common Shares Tremblay, Norman 3 06/03/2017 00 25,635

UNISYNC Corp. Options Incentive Stock Options

Garofalo, Carmin 7 06/04/2017 50 300,000 100,000

United Corporations Limited Common Shares E-L Financial Corporation Limited

3 04/04/2017 10 98 6,320,159 200

Uranium Energy Corp. Common Shares ABRAHAM, Edward Spencer

4 03/04/2017 46 1.42 42,936 2,289

Uranium Energy Corp. Common Shares Melbye, Scott Eric 5 03/04/2017 46 1.42 140,083 2,563

Uranium Energy Corp. Common Shares Obara, Pat 5 03/04/2017 46 1.42 191,455 1,153

Urbanimmersive Inc. Options Brosseau, Judith 4 30/03/2017 00

Urbanimmersive Inc. Options Brosseau, Judith 4 30/03/2017 50 0.2 125,000 125,000

Urbanimmersive Inc. Options Lemire, Ghislain 4, 5 30/03/2017 50 0.2 100,000

Urbanimmersive Inc. Options Lemire, Ghislain 4, 5 30/03/2017 50 0.2 492,500 100,000

Urbanimmersive Inc. Options McDonald, James 4 30/03/2017 50 0.2 125,000

Urbanimmersive Inc. Options McDonald, James 4 30/03/2017 50 0.2 530,000 125,000

Urbanimmersive Inc. Options Plamondon, Pierre 4 30/03/2017 50 0.2 125,000

Urbanimmersive Inc. Options Plamondon, Pierre 4 30/03/2017 50 0.2 455,000 125,000

Urbanimmersive Inc. Options Robidoux, Daniel 4 30/03/2017 50 0.2 125,000

Urbanimmersive Inc. Options Robidoux, Daniel 4 30/03/2017 50 0.2 605,000 125,000

Urbanimmersive Inc. Options Thibault, Martin 7 30/03/2017 50 0.2 100,000

Urbanimmersive Inc. Options Thibault, Martin 7 30/03/2017 50 0.2 362,500 100,000

UrtheCast Corp. Rights Restricted Share Units

Burt, Tye Winston 4 04/04/2017 57 90,998 -34,285


Burt, Tye Winston 4 07/04/2017 56 125,283 34,285


Evans, William MacDonald ('Mac')

4 04/04/2017 56 149,568 34,285


LONG, LETITIA ANNE 4 04/04/2017 56 119,568 34,285


Nordal, Greg 4 04/04/2017 56 152,901 34,285


Topham, James Walter 4 04/04/2017 56 111,068 34,285

Valener Inc. Common Shares RÚgnier, Serge 4 21/03/2017 00 11,836

VBI Vaccines Inc. Common Shares Anderson, David 5 22/06/2016 57 3.87 61,052 12,120

VBI Vaccines Inc. Common Shares Anderson, David 5 19/12/2016 51 2.8 72,677 11,625

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3650



Acquired/ Disposed

VBI Vaccines Inc. Subscription Rights Restricted Share Units

Anderson, David 5 06/05/2016 00


Anderson, David 5 22/06/2016 56 87,500 87,500


Anderson, David 5 22/06/2016 57 3.87 65,625 -21,875

VBI Vaccines Inc. Common Shares Chawla, Sam 4 20/06/2016 11 4.0633 2,829,359 1,362,370

VBI Vaccines Inc. Common Shares Chawla, Sam 4 21/06/2016 11 4.1624 1,362,370

VBI Vaccines Inc. Common Shares Chawla, Sam 4 07/12/2016 11 4.0633 6,245,725 32,411

VBI Vaccines Inc. Common Shares Chawla, Sam 4 06/05/2016 00

VBI Vaccines Inc. Common Shares Chawla, Sam 4 22/06/2016 57 3.87 12,500 12,500


Chawla, Sam 4 06/05/2016 00


Chawla, Sam 4 22/06/2016 56 50,000 50,000


Chawla, Sam 4 22/06/2016 57 3.87 37,500 -12,500

VBI Vaccines Inc. Common Shares De Wilde, Michel 4 06/05/2016 00

VBI Vaccines Inc. Common Shares De Wilde, Michel 4 22/06/2016 57 3.87 12,500 12,500


De Wilde, Michel 4 06/05/2016 00


De Wilde, Michel 4 22/06/2016 56 50,000 50,000


De Wilde, Michel 4 22/06/2016 57 3.87 37,500 -12,500

VBI Vaccines Inc. Options Nascimento, Egidio 5 22/06/2016 50 293,991 20,000

VBI Vaccines Inc. Options Nascimento, Egidio 5 22/12/2016 52 280,041 -13,950

VBI Vaccines Inc. Options Nascimento, Egidio 5 26/01/2017 50 300,041 20,000

VBI Vaccines Inc. Common Shares Perceptive Advisors LLC 3 06/12/2016 00


VBI Vaccines Inc. Common Shares Perceptive Advisors LLC 3 06/12/2016 00 6,245,725


VBI Vaccines Inc. Common Shares Perceptive Advisors LLC 3 06/12/2016 00 320,118

VBI Vaccines Inc. Common Shares Requadt, Scott 4 06/05/2016 00

VBI Vaccines Inc. Common Shares Requadt, Scott 4 22/06/2016 57 3.87 12,500 12,500

VBI Vaccines Inc. Options Requadt, Scott 4 06/05/2016 00

VBI Vaccines Inc. Options Requadt, Scott 4 26/01/2017 50 12,500 12,500


Requadt, Scott 4 06/05/2016 00


Requadt, Scott 4 22/06/2016 56 50,000 50,000


Requadt, Scott 4 22/06/2016 57 3.87 37,500 -12,500

Ventripoint Diagnostics Ltd. (formerly Luca Capital Inc.)

Common Shares Skidmore, Melanie Laine 3 06/04/2017 10 0.42 3,076,572 -428,000


Common Shares Skidmore, Melanie Laine 3 06/04/2017 10 0.44 3,076,182 -390







Insider Reporting

April 13, 2017

(2017), 40 OSCB 3651



Acquired/ Disposed




Common Shares Skidmore, Melanie Laine 3 04/04/2017 10 0.45 929,000 -1,000












Common Shares Skidmore, Melanie Laine 3 06/04/2017 10 0.43 0 -180,500

Vermilion Energy Inc. Common Shares Donadeo, Lorenzo 4, 5 01/04/2017 57 49.001 3,106,195 100,509

Vermilion Energy Inc. Common Shares Donadeo, Lorenzo 4, 5 01/04/2017 57 49.001 3,115,308 9,113

Vermilion Energy Inc. Rights Share Awards Donadeo, Lorenzo 4, 5 01/04/2017 56 49.001 120,369 3,078

Vermilion Energy Inc. Rights Share Awards Donadeo, Lorenzo 4, 5 01/04/2017 30 52.464 120,983 614

Vermilion Energy Inc. Rights Share Awards Donadeo, Lorenzo 4, 5 01/04/2017 57 49.001 70,728 -50,255

Vermilion Energy Inc. Rights Share Awards Donadeo, Lorenzo 4, 5 01/04/2017 30 52.464 70,784 56

Vermilion Energy Inc. Rights Share Awards Donadeo, Lorenzo 4, 5 01/04/2017 57 49.001 66,228 -4,556

Vermilion Energy Inc. Common Shares Engbloom, Robert John 5 01/04/2017 57 49.001 37,234 4,809

Vermilion Energy Inc. Rights Share Awards Engbloom, Robert John 5 01/04/2017 56 49.001 10,839 2,475

Vermilion Energy Inc. Rights Share Awards Engbloom, Robert John 5 01/04/2017 30 52.464 10,868 29

Vermilion Energy Inc. Rights Share Awards Engbloom, Robert John 5 01/04/2017 57 49.001 8,464 -2,404

Vermilion Energy Inc. Common Shares Ghersinich, Claudio 4 01/04/2017 57 49.001 43,362 2,175

Vermilion Energy Inc. Rights Share Awards Ghersinich, Claudio 4 01/04/2017 56 49.001 2,475

Vermilion Energy Inc. Rights Share Awards Ghersinich, Claudio 4 01/04/2017 56 49.001 2,475

Vermilion Energy Inc. Rights Share Awards Ghersinich, Claudio 4 01/04/2017 57 49.001 6,189 -2,175

Vermilion Energy Inc. Common Shares Hatcher, Dion 5 01/04/2017 57 49.001 24,375 8,040

Vermilion Energy Inc. Common Shares Hatcher, Dion 5 01/04/2017 57 49.001 25,327 952

Vermilion Energy Inc. Common Shares Hatcher, Dion 5 01/04/2017 57 49.001 27,539 2,212

Vermilion Energy Inc. Rights Share Awards Hatcher, Dion 5 01/04/2017 56 49.001 27,984 6,594

Vermilion Energy Inc. Rights Share Awards Hatcher, Dion 5 01/04/2017 30 52.464 28,033 49

Vermilion Energy Inc. Rights Share Awards Hatcher, Dion 5 01/04/2017 57 49.001 24,013 -4,020


Vermilion Energy Inc. Rights Share Awards Hatcher, Dion 5 01/04/2017 57 49.001 23,543 -476


Vermilion Energy Inc. Rights Share Awards Hatcher, Dion 5 01/04/2017 57 49.001 22,451 -1,106

Vermilion Energy Inc. Common Shares Hergott, Terrance Gerald 5 01/04/2017 57 49.001 46,674 14,866

Vermilion Energy Inc. Rights Share Awards Hergott, Terrance Gerald 5 01/04/2017 56 49.001 27,533 5,511

Vermilion Energy Inc. Rights Share Awards Hergott, Terrance Gerald 5 01/04/2017 30 52.464 27,624 91

Vermilion Energy Inc. Rights Share Awards Hergott, Terrance Gerald 5 01/04/2017 57 49.001 20,191 -7,433

Vermilion Energy Inc. Common Shares Hicks, Curtis W. 5 01/04/2017 57 49.001 172,279 54,054

Vermilion Energy Inc. Rights Share Awards Hicks, Curtis W. 5 01/04/2017 56 49.001 123,812 28,571

Vermilion Energy Inc. Rights Share Awards Hicks, Curtis W. 5 01/04/2017 30 52.464 124,142 330

Vermilion Energy Inc. Rights Share Awards Hicks, Curtis W. 5 01/04/2017 57 49.001 97,115 -27,027

Vermilion Energy Inc. Common Shares Jasinski, Mona Jean 5 01/04/2017 57 49.001 53,660 24,833

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3652



Acquired/ Disposed

Vermilion Energy Inc. Common Shares Jasinski, Mona Jean 5 06/04/2017 10 50.06 52,820 -840

Vermilion Energy Inc. Rights Share Awards Jasinski, Mona Jean 5 01/04/2017 56 49.001 58,713 13,886

Vermilion Energy Inc. Rights Share Awards Jasinski, Mona Jean 5 01/04/2017 30 52.464 58,865 152

Vermilion Energy Inc. Rights Share Awards Jasinski, Mona Jean 5 01/04/2017 57 49.001 46,449 -12,416

Vermilion Energy Inc. Common Shares Kaluza, Michael Sam 5 01/04/2017 57 49.001 51,381 14,360



Vermilion Energy Inc. Rights Share Awards Kaluza, Michael Sam 5 01/04/2017 56 49.001 67,174 20,408

Vermilion Energy Inc. Rights Share Awards Kaluza, Michael Sam 5 01/04/2017 30 52.464 67,262 88

Vermilion Energy Inc. Rights Share Awards Kaluza, Michael Sam 5 01/04/2017 57 49.001 60,082 -7,180





Vermilion Energy Inc. Common Shares Leiker, Loren Michael 4 01/04/2017 57 49.001 14,501 2,175

Vermilion Energy Inc. Rights Share Awards Leiker, Loren Michael 4 01/04/2017 56 49.001 10,839 2,475

Vermilion Energy Inc. Rights Share Awards Leiker, Loren Michael 4 01/04/2017 57 49.001 8,664 -2,175

Vermilion Energy Inc. Common Shares Macdonald, Larry 4 01/04/2017 57 49.001 55,923 2,175

Vermilion Energy Inc. Rights Share Awards Macdonald, Larry 4 01/04/2017 56 49.001 12,771 2,776

Vermilion Energy Inc. Rights Share Awards Macdonald, Larry 4 01/04/2017 57 49.001 10,596 -2,175

Vermilion Energy Inc. Common Shares Madison, William F. 4 01/04/2017 57 49.001 23,478 2,175

Vermilion Energy Inc. Rights Share Awards Madison, William F. 4 01/04/2017 56 49.001 10,839 2,475

Vermilion Energy Inc. Rights Share Awards Madison, William F. 4 01/04/2017 57 49.001 8,664 -2,175

Vermilion Energy Inc. Common Shares Marchant, Timothy 4 01/04/2017 57 49.001 36,389 2,175

Vermilion Energy Inc. Rights Share Awards Marchant, Timothy 4 01/04/2017 56 49.001 10,839 2,475

Vermilion Energy Inc. Rights Share Awards Marchant, Timothy 4 01/04/2017 57 49.001 8,664 -2,175

Vermilion Energy Inc. Common Shares Marino, Anthony William 5 01/04/2017 57 49.001 232,447 86,995

Vermilion Energy Inc. Common Shares Marino, Anthony William 5 01/04/2017 57 49.001 240,515 8,068

Vermilion Energy Inc. Rights Share Awards Marino, Anthony William 5 01/04/2017 56 49.001 237,485 58,954

Vermilion Energy Inc. Rights Share Awards Marino, Anthony William 5 01/04/2017 30 52.464 238,016 531

Vermilion Energy Inc. Rights Share Awards Marino, Anthony William 5 01/04/2017 57 49.001 194,519 -43,497

Vermilion Energy Inc. Rights Share Awards Marino, Anthony William 5 01/04/2017 30 52.464 194,568 49

Vermilion Energy Inc. Rights Share Awards Marino, Anthony William 5 01/04/2017 57 49.001 190,534 -4,034

Vermilion Energy Inc. Common Shares Michaleski, Robert B. 4 01/04/2017 57 49.001 7,553 2,553

Vermilion Energy Inc. Rights Share Awards Michaleski, Robert B. 4 01/04/2017 56 49.001 8,816 2,475

Vermilion Energy Inc. Rights Share Awards Michaleski, Robert B. 4 01/04/2017 30 52.464 8,832 16

Vermilion Energy Inc. Rights Share Awards Michaleski, Robert B. 4 01/04/2017 57 49.001 7,555 -1,277

Vermilion Energy Inc. Common Shares Raiss, Sarah 4 01/04/2017 57 49.001 14,534 4,648

Vermilion Energy Inc. Rights Share Awards Raiss, Sarah 4 01/04/2017 56 49.001 10,760 2,475

Vermilion Energy Inc. Rights Share Awards Raiss, Sarah 4 01/04/2017 30 52.464 10,788 28

Vermilion Energy Inc. Rights Share Awards Raiss, Sarah 4 01/04/2017 57 49.001 8,464 -2,324

Vermilion Energy Inc. Common Shares Schut, Gerard 5 01/04/2017 57 49.001 46,676 11,117

Vermilion Energy Inc. Rights Share Awards Schut, Gerard 5 01/04/2017 56 49.001 28,049 6,399

Vermilion Energy Inc. Rights Share Awards Schut, Gerard 5 01/04/2017 30 52.464 28,117 68

Vermilion Energy Inc. Rights Share Awards Schut, Gerard 5 01/04/2017 57 49.001 22,558 -5,559

Vermilion Energy Inc. Common Shares Williams, Catherine L. 4 01/04/2017 57 49.001 8,468 5,363

Vermilion Energy Inc. Rights Share Awards Williams, Catherine L. 4 01/04/2017 56 49.001 11,114 2,475

Vermilion Energy Inc. Rights Share Awards Williams, Catherine L. 4 01/04/2017 30 52.464 11,147 33

Vermilion Energy Inc. Rights Share Awards Williams, Catherine L. 4 01/04/2017 57 49.001 8,465 -2,682

Vigil Health Solutions Inc. Common Shares Smith, Steven Scott 5 30/03/2017 51 0.14 40,000 40,000

Vigil Health Solutions Inc. Common Shares Smith, Steven Scott 5 31/03/2017 51 0.14 40,000

Vigil Health Solutions Inc. Options Smith, Steven Scott 5 30/03/2017 51 0.14 200,000 -40,000

Vigil Health Solutions Inc. Options Smith, Steven Scott 5 31/03/2017 51 0.14 -40,000

Volcanic Gold Mines Inc Options Bales, Kevin 5 27/03/2017 00 200,000

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3653



Acquired/ Disposed

VVC Exploration Corporation Common Shares Palos Merchant Fund L.P. 3 07/04/2017 11 0.0238 17,218,922 -4,000,000

VVC Exploration Corporation Common Shares Palos Merchant Fund L.P. 3 07/04/2017 11 0.0238 15,298,922 -1,920,000

Wajax Corporation Rights Directors' Deferred Share Unit Plan

Alford, Thomas Malcolm 4 31/03/2017 56 1174 1,174


Alford, Thomas Malcolm 4 31/03/2017 56 22.14 14,243 1,174


Alford, Thomas Malcolm 4 04/04/2017 56 22.37 14,402 159

Wajax Corporation 2015 Deferred Share Units

Auld, Stuart Harrison 5 03/10/2016 30 14.87 2,828 47





Wajax Corporation 2015 Performance Share Units


















Wajax Corporation 2016 Restricted Share Units













Baratto, Donna Jean 5 01/07/2016 00 790


Baratto, Donna Jean 5 05/07/2016 30 14.97 803 13








Baratto, Donna Jean 5 01/07/2016 00 2,370

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3654



Acquired/ Disposed


Baratto, Donna Jean 5 05/07/2016 30 14.97 2,410 40












Barrett, Edward Malcolm 4 31/03/2017 56 22.14 34,621 451


Barrett, Edward Malcolm 4 04/04/2017 56 22.37 35,008 387


Bourne, Ian Alexander 4 31/03/2017 56 22.14 23,014 451


Bourne, Ian Alexander 4 04/04/2017 56 22.37 23,271 257


Carty, Douglas 4 31/03/2017 56 22.14 17,866 683


Carty, Douglas 4 04/04/2017 56 22.37 18,066 200


Chrominska, Sylvia Dolores 4 31/03/2017 56 22.14 5,056 565


Chrominska, Sylvia Dolores 4 04/04/2017 56 22.37 5,113 57


Deck, Steven 5 03/10/2016 30 14.87 4,194 69


Deck, Steven 5 04/01/2017 30 23.12 4,239 45


Deck, Steven 5 04/04/2017 30 22.37 4,286 47


Deck, Steven 5 03/10/2016 30 14.87 2,926 48


Deck, Steven 5 04/01/2017 30 23.12 2,958 32


Deck, Steven 5 04/04/2017 30 22.37 2,991 33


Deck, Steven 5 03/10/2016 30 14.87 2,926 48


Deck, Steven 5 04/01/2017 30 23.12 2,958 32


Deck, Steven 5 04/04/2017 30 22.37 2,991 33


Deck, Steven 5 03/10/2016 30 14.87 9,256 153


Deck, Steven 5 04/01/2017 30 23.12 9,356 100


Deck, Steven 5 04/04/2017 30 22.37 9,461 105


Deck, Steven 5 03/10/2016 30 14.87 18,510 306

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3655



Acquired/ Disposed


Deck, Steven 5 04/01/2017 30 23.12 18,710 200


Deck, Steven 5 04/04/2017 30 22.37 18,919 209


Deck, Steven 5 03/10/2016 30 14.87 9,256 153


Deck, Steven 5 04/01/2017 30 23.12 9,356 100


Deck, Steven 5 04/04/2017 30 22.37 9,461 105


Deck, Steven 5 04/04/2017 30 22.37 6,858 76


Deck, Steven 5 04/04/2017 30 22.37 6,858 76


Dexter, Robert P. 4 31/03/2017 56 22.14 82,328 1,343


Dexter, Robert P. 4 04/04/2017 56 22.37 83,248 920


Eby, John Clifford 4 31/03/2017 56 22.14 28,253 937


Eby, John Clifford 4 04/04/2017 56 22.37 28,569 316


Foote, Alan Mark 4 04/04/2017 30 22.37 201 201


Foote, Alan Mark 4 03/10/2016 30 14.87 24,907 412


Foote, Alan Mark 4 04/01/2017 30 23.12 25,176 269


Foote, Alan Mark 4 04/04/2017 30 22.37 25,457 281


Foote, Alan Mark 4 03/10/2016 30 14.87 35,660 590


Foote, Alan Mark 4 04/01/2017 30 23.12 36,046 386


Foote, Alan Mark 4 04/04/2017 30 22.37 36,449 403


Foote, Alan Mark 4 03/10/2016 30 14.87 35,660 590


Foote, Alan Mark 4 04/01/2017 30 23.12 36,046 386


Foote, Alan Mark 4 04/04/2017 30 22.37 36,449 403


Foote, Alan Mark 4 04/04/2017 30 22.37 26,422 292


Foote, Alan Mark 4 04/04/2017 30 22.37 26,422 292

Wajax Corporation Rights Share Ownership Plan

Foote, Alan Mark 4 04/04/2017 56 22.37 19,567 216


Gagne, Paul Ernest 4 31/03/2017 56 22.14 59,431 1,270


Gagne, Paul Ernest 4 04/04/2017 56 22.37 60,095 664


Gross, Michael 5 05/01/2015 30 16.65 40


Gross, Michael 5 05/01/2016 30 16.65 2,705 40

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3656



Acquired/ Disposed


Gross, Michael 5 03/10/2016 30 14.87 2,837 47


Gross, Michael 5 04/01/2017 30 23.12 2,868 31


Gross, Michael 5 04/04/2017 30 22.37 2,900 32


Gross, Michael 5 03/10/2016 30 14.87 2,837 47


Gross, Michael 5 04/01/2017 30 23.12 2,868 31


Gross, Michael 5 04/04/2017 30 22.37 2,900 32


Gross, Michael 5 03/10/2016 30 14.87 12,186 201


Gross, Michael 5 04/01/2017 30 23.12 12,318 132


Gross, Michael 5 04/04/2017 30 22.37 12,456 138


Gross, Michael 5 03/10/2016 30 14.87 12,186 201


Gross, Michael 5 04/01/2017 30 23.12 12,318 132


Gross, Michael 5 04/04/2017 30 22.37 12,456 138


Gross, Michael 5 04/04/2017 30 22.37 3,010 33


Gross, Michael 5 04/04/2017 30 22.37 6,020 67


Gross, Michael 5 04/04/2017 30 22.37 3,009 33


Plain, Thomas Hayward Sanders

5 04/04/2017 30 22.37 11 11



5 01/07/2016 00 1,361



5 05/07/2016 30 14.97 1,384 23



5 03/10/2016 30 14.87 1,407 23



5 04/01/2017 30 23.12 1,422 15



5 04/04/2017 30 22.37 1,438 16



5 01/07/2016 00 1,624



5 05/07/2016 30 14.97 1,651 27



5 03/10/2016 30 14.87 1,679 28



5 04/01/2017 30 23.12 1,697 18



5 04/04/2017 30 22.37 1,716 19



5 01/07/2016 00 4,872



5 05/07/2016 30 14.97 4,953 81



5 03/10/2016 30 14.87 5,036 83



5 04/01/2017 30 23.12 5,090 54



5 04/04/2017 30 22.37 5,147 57

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3657



Acquired/ Disposed



5 04/04/2017 30 22.37 3,144 35



5 04/04/2017 30 22.37 6,286 69



5 04/04/2017 30 22.37 3,143 35


Tam, Andrew 5 04/04/2017 30 22.37 18 18


Tam, Andrew 5 08/03/2017 00


Tam, Andrew 5 08/03/2017 00 2,220


Tam, Andrew 5 04/04/2017 30 22.37 2,245 25


Tam, Andrew 5 08/03/2017 00


Tam, Andrew 5 08/03/2017 00


Tam, Andrew 5 08/03/2017 00 1,719


Tam, Andrew 5 04/04/2017 30 22.37 1,738 19


Tam, Andrew 5 04/04/2017 30 22.37 5,216 58


Tam, Andrew 5 04/04/2017 30 22.37 1,261 14


Tam, Andrew 5 04/04/2017 30 22.37 3,782 42

Wajax Corporation Rights Share Ownership Plan

Tam, Andrew 5 04/04/2017 56 22.37 2,213 24


Taylor, Alexander S. 4 31/03/2017 56 22.14 15,302 451


Taylor, Alexander S. 4 04/04/2017 56 22.37 15,473 171


Yaworsky, Darren Julian 5 04/04/2017 30 22.37 9,454 104





Waste Connections, Inc. (formerly Progressive Waste Solutions Ltd.)

Common Shares Jackman, Worthing F. 5 25/02/2017 97 87.33 -177










Common Shares Jackman, Worthing F. 5 25/02/2017 97 87.33 60,214 -114


Common Shares Little, James M. 5 25/02/2017 97 87.33 -896

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3658



Acquired/ Disposed


Common Shares Little, James M. 5 25/02/2017 97 87.33 25,586 -829

Wellgreen Platinum Ltd. Rights (Stock Appreciation Rights)

Kirk, Harry Wayne 4 28/03/2017 56 0.315 229,410 164,410

West Fraser Timber Co. Ltd. Deferred Share Unit Binkley, Clark 4 31/03/2017 56 47,385 722

West Fraser Timber Co. Ltd. Deferred Share Unit Binkley, Clark 4 03/04/2017 56 47,445 60

West Fraser Timber Co. Ltd. Deferred Share Unit Carter, Reid Ewart 4 31/03/2017 56 1,655 350

West Fraser Timber Co. Ltd. Deferred Share Unit Carter, Reid Ewart 4 03/04/2017 56 1,657 2

West Fraser Timber Co. Ltd. Deferred Share Unit Floren, John 4 31/03/2017 56 1,655 350

West Fraser Timber Co. Ltd. Deferred Share Unit Floren, John 4 03/04/2017 56 1,657 2

West Fraser Timber Co. Ltd. Deferred Share Unit Gibson, J. Duncan 4 31/03/2017 56 21,457 350

West Fraser Timber Co. Ltd. Deferred Share Unit Gibson, J. Duncan 4 03/04/2017 56 21,484 27

West Fraser Timber Co. Ltd. Deferred Share Unit Hughes, Larry Sanford 5 03/04/2017 56 3,525 4

West Fraser Timber Co. Ltd. Deferred Share Unit Ketcham, John Kendall 4 31/03/2017 56 3,100 350

West Fraser Timber Co. Ltd. Deferred Share Unit Ketcham, John Kendall 4 03/04/2017 56 3,104 4

West Fraser Timber Co. Ltd. Deferred Share Unit Ludwig, Harald Horst 4 31/03/2017 56 41,971 350

West Fraser Timber Co. Ltd. Deferred Share Unit Ludwig, Harald Horst 4 03/04/2017 56 42,023 52

West Fraser Timber Co. Ltd. Deferred Share Unit Miller, Gerald 4 31/03/2017 56 8,302 350

West Fraser Timber Co. Ltd. Deferred Share Unit Miller, Gerald 4 03/04/2017 56 8,312 10

West Fraser Timber Co. Ltd. Deferred Share Unit Phillips, Robert L. 4 31/03/2017 56 10,339 350

West Fraser Timber Co. Ltd. Deferred Share Unit Phillips, Robert L. 4 03/04/2017 56 10,352 13

West Fraser Timber Co. Ltd. Deferred Share Unit Rennie, Janice Gaye 4 03/04/2017 56 19,641 24

West Fraser Timber Co. Ltd. Options Virostek, Christopher 5 01/04/2017 00

West Fraser Timber Co. Ltd. Options Virostek, Christopher 5 03/04/2017 50 11,500 11,500

West Fraser Timber Co. Ltd. Rights Virostek, Christopher 5 01/04/2017 00

West Fraser Timber Co. Ltd. Rights Virostek, Christopher 5 03/04/2017 56 4,280 4,280

West Kirkland Mining Inc. Common Shares Sun Valley Gold LLC 3 05/04/2017 10 0.08 108,962,400 197,000

West Kirkland Mining Inc. Common Shares Sun Valley Gold Master Fund, Ltd.

3 05/04/2017 10 0.08 108,962,400 197,000

Westcore Energy Ltd. Common Shares Sheppard, Jeff 5 03/04/2017 10 0.23 48,700 5,000






Western Energy Services Corp.

Common Shares Balkwill, Peter John 5 06/04/2017 57 5,156 1,843

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3659



Acquired/ Disposed

Western Energy Services Corp.

Restricted Share Unit Balkwill, Peter John 5 06/04/2017 57 11,273 -1,843

Western Potash Corp. Common Shares Doyle, Buddy James 4 31/03/2017 22 162,800 -651,200

Western Potash Corp. Common Shares Doyle, Buddy James 4 31/03/2017 22 30,000 -120,000

Western Potash Corp. Options Doyle, Buddy James 4 30/03/2017 52 1,450,000 -200,000

Western Potash Corp. Options Doyle, Buddy James 4 31/03/2017 22 0.45 1,370,000 -80,000

Western Potash Corp. Options Doyle, Buddy James 4 31/03/2017 22 0.45 290,000 -1,080,000

Western Potash Corp. Common Shares Nikolai, Troy Douglas 5 31/03/2017 22 171,833 -687,334

Western Potash Corp. Options Nikolai, Troy Douglas 5 30/03/2017 52 1,030,000 -300,000

Western Potash Corp. Options Nikolai, Troy Douglas 5 31/03/2017 22 0.45 950,000 -80,000

Western Potash Corp. Options Nikolai, Troy Douglas 5 31/03/2017 22 0.45 206,000 -744,000

Western Potash Corp. Common Shares Power, Patrick Edward 5 31/03/2017 22 600 -2,400

Western Potash Corp. Common Shares Power, Patrick Edward 5 31/03/2017 22 311,340 -1,245,360

Western Potash Corp. Options Power, Patrick Edward 5 17/09/2013 52 -2,500,000

Western Potash Corp. Options Power, Patrick Edward 5 17/09/2013 52 2,330,000 -1,900,000

Western Potash Corp. Options Power, Patrick Edward 5 31/03/2017 22 0.45 1,895,000 -180,000

Western Potash Corp. Options Power, Patrick Edward 5 31/03/2017 22 0.45 415,000 -1,480,000

Western Potash Corp. Common Shares Thornley-Hall, David 5 03/04/2017 10 0.17 0 -80,000

Western Potash Corp. Options Thornley-Hall, David 5 30/03/2017 52 250,000 -125,000

Western Potash Corp. Options Thornley-Hall, David 5 31/03/2017 22 0.45 210,000 -40,000

Western Potash Corp. Options Thornley-Hall, David 5 31/03/2017 22 0.45 50,000 -160,000

Western Potash Corp. Common Shares Western Potash Corp. 1 31/03/2017 22 777,400 -3,109,600

Western Potash Corp. Common Shares Western Resources Corp. 3 31/03/2017 00 467,185,559

Western Resources Corp. Common Shares Doyle, Buddy James 7 31/03/2017 00 162,800

Western Resources Corp. Common Shares Doyle, Buddy James 7 31/03/2017 00 30,000

Western Resources Corp. Options Doyle, Buddy James 7 31/03/2017 00 290,000

Western Resources Corp. Common Shares Nikolai, Troy Douglas 7 01/03/2017 00 171,833

Western Resources Corp. Options Nikolai, Troy Douglas 7 01/03/2017 00 206,000

Western Resources Corp. Common Shares Power, Patrick Edward 7 31/03/2017 00 600

Western Resources Corp. Common Shares Power, Patrick Edward 7 31/03/2017 00 311,340

Western Resources Corp. Options Power, Patrick Edward 7 31/03/2017 00 415,000

WestJet Airlines Ltd. Rights Deferred Share Units

Beddoe, Clive 5 31/03/2017 56 5,157 432


Beddoe, Clive 5 31/03/2017 56 5,186 29


Bolton, Hugh John 4 31/03/2017 56 25,584 154


Bolton, Hugh John 4 31/03/2017 56 26,205 621


Brenneman, Ron A. 4 31/03/2017 56 7,585 621


Brenneman, Ron A. 4 31/03/2017 56 7,628 43


Burley, Christopher Michael 4 31/03/2017 56 8,500 1,510


Burley, Christopher Michael 4 31/03/2017 56 8,543 43


Godfrey, Brett Alan 4 31/03/2017 56 9,213 931


Godfrey, Brett Alan 4 31/03/2017 56 9,264 51


Jackson, Allan William 4 31/03/2017 56 51,954 1,564


Jackson, Allan William 4 31/03/2017 56 52,259 305


Jackson, Steven Barry 4 31/03/2017 56 36,703 1,456

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3660



Acquired/ Disposed


Jackson, Steven Barry 4 31/03/2017 56 36,916 213


Menard, L. Jacques 4 31/03/2017 56 14,991 1,456


Menard, L. Jacques 4 31/03/2017 56 15,073 82


Rennie, Janice Gaye 4 31/03/2017 56 19,059 1,370


Rennie, Janice Gaye 4 31/03/2017 56 19,166 107


Sheriff, Karen 4 31/03/2017 56 6,953 1,370


Sheriff, Karen 4 31/03/2017 56 6,987 34

Westshore Terminals Investment Corporation

Common Shares Westshore Terminals Investment Corporation

1 27/03/2017 38 25.867 3,800 3,800



1 27/03/2017 38 0 -3,800



1 28/03/2017 38 26.106 3,800 3,800



1 28/03/2017 38 0 -3,800



1 29/03/2017 38 26.034 3,900 3,900



1 29/03/2017 38 0 -3,900



1 30/03/2017 38 26.168 3,800 3,800



1 30/03/2017 38 0 -3,800



1 31/03/2017 38 26.277 2,300 2,300



1 31/03/2017 38 0 -2,300

Wi-LAN Inc. Deferred Stock Unit Anderson, Roxanne Leigh 4 07/04/2017 56 2.44 12,296 75

Wi-LAN Inc. Deferred Stock Unit Bramson, Robert S. 4 07/04/2017 56 2.44 36,176 221

Wi-LAN Inc. Deferred Stock Unit Fattouche, Michel 4 07/04/2017 56 2.44 22,809 139

Wi-LAN Inc. Deferred Stock Unit Gillberry, John Kendall 4 07/04/2017 56 2.44 47,042 288

Wi-LAN Inc. Deferred Stock Unit Laurie, Ronald Sheldon 4 07/04/2017 56 2.44 15,407 94

Wi-LAN Inc. Deferred Stock Unit McCarten, W. Paul 4 07/04/2017 56 2.44 24,960 153

Wi-LAN Inc. Deferred Stock Unit Shorkey, Richard John 4 07/04/2017 56 2.44 39,891 244

WPT Industrial Real Estate Investment Trust

Deferred Unit Arkema, Milo Dwight 4 31/03/2017 46 32,484 2,056


Deferred Unit DiNunzio, Luigi Rosario 4 31/03/2017 46 5,593 1,445


Deferred Unit Kavanagh, Sarah Baldwin 4 31/03/2017 46 32,217 1,830


Deferred Unit Smith, Stuart H.B. 4 31/03/2017 46 6,698 2,068


Deferred Unit Swanson, Charles 4 31/03/2017 46 32,518 1,612


Deferred Unit Wolf, Robert Thomas 4 31/03/2017 46 42,804 1,729

WSP Global Inc. DSUs / UADs Fitzgibbon, Pierre 4 19/05/2016 00

WSP Global Inc. DSUs / UADs Fitzgibbon, Pierre 4 31/03/2017 56 46.95 316 316

WSP Global Inc. Common Shares L'Heureux, Alexandre 5 31/03/2017 30 46.96 20,317 1,983

WSP Global Inc. Common Shares L'Heureux, Alexandre 5 31/03/2017 30 46.95 20,380 63

WSP Global Inc. Common Shares Langlois, David 5 31/03/2017 30 46.95 486 17

WSP Global Inc. Common Shares Roy, Bruno 5 31/03/2017 30 46.95 754 4

WSP Global Inc. Common Shares Shoiry, Pierre 4, 5 31/03/2017 30 46.95 632,194 37

Insider Reporting

April 13, 2017

(2017), 40 OSCB 3661



Acquired/ Disposed

WSP Global Inc. DSUs / UADs Shoiry, Pierre 4, 5 01/01/2014 00

WSP Global Inc. DSUs / UADs Shoiry, Pierre 4, 5 31/03/2017 56 46.95 1,331 1,331

Yangarra Resources Ltd. Common Shares Bowerman, Gordon 4 03/04/2017 11 2.64 3,316,573 2,000

Yangarra Resources Ltd. Common Shares Bowerman, Gordon 4 04/04/2017 51 3,333,240 16,667

Yangarra Resources Ltd. Options Bowerman, Gordon 4 04/04/2017 51 373,336 -16,667

Yangarra Resources Ltd. Options Bowerman, Gordon 4 05/04/2017 50 2.65 390,003 16,667

Yangarra Resources Ltd. Common Shares Evaskevich, James Grant 4, 5 04/04/2017 51 2,143,785 16,667

Yangarra Resources Ltd. Common Shares Evaskevich, James Grant 4, 5 05/04/2017 10 2.45 2,153,785 10,000

Yangarra Resources Ltd. Options Evaskevich, James Grant 4, 5 04/04/2017 51 1,633,337 -16,667

Yangarra Resources Ltd. Options Evaskevich, James Grant 4, 5 05/04/2017 50 2.65 1,650,004 16,667

Yangarra Resources Ltd. Common Shares Glessing, James, Alan 5 04/04/2017 51 1.5 231,621 33,334

Yangarra Resources Ltd. Options Glessing, James, Alan 5 04/04/2017 51 1.5 690,002 -33,334

Yangarra Resources Ltd. Options Glessing, James, Alan 5 05/04/2017 50 2.65 723,336 33,334

Yangarra Resources Ltd. Common Shares MacKenzie, Neil M. 4 05/04/2017 51 2.28 572,167 166,667



Yangarra Resources Ltd. Options MacKenzie, Neil M. 4 05/04/2017 51 2.28 110,000 -166,667



Yangarra Resources Ltd. Options MacKenzie, Neil M. 4 05/04/2017 50 276,667 186,667

Yangarra Resources Ltd. Common Shares Simpson, Lorne David 5 05/04/2017 10 2.75 383,852 -102,000

Yangarra Resources Ltd. Common Shares Simpson, Lorne David 5 05/04/2017 10 2.75 352,519 -31,333

Yangarra Resources Ltd. Common Shares Weir, Robert 4 04/04/2017 51 330,757 16,667

Yangarra Resources Ltd. Common Shares Weir, Robert 4 05/04/2017 10 2.75 314,090 -16,667

Yangarra Resources Ltd. Options Weir, Robert 4 04/04/2017 51 426,669 -16,667

Yangarra Resources Ltd. Options Weir, Robert 4 05/04/2017 50 2.65 443,336 16,667

Zargon Oil & Gas Ltd. Common Shares Doetzel, Randolph John 5 06/04/2017 10 0.684 0 -5,980

ZCL Composites Inc. Common Shares Morris, Darcy 7 29/03/2017 10 13.53 1,305,800 -66,400



Zephyr Minerals Ltd. Common Shares Felderhof, G. William 4 05/04/2017 10 0.36 187,833 3,000

Zonte Metals Inc. Common Shares Farris, Marshall Limon 4 03/04/2017 10 0.43 168,000 -3,000









Insider Reporting

April 13, 2017

(2017), 40 OSCB 3662


April 13, 2017

(2017), 40 OSCB 3663

Chapter 11

IPOs, New Issues and Secondary Financings

INVESTMENT FUNDS

Issuer Name:

Phillips, Hager & North Community Values Balanced Fund Phillips, Hager & North Community Values Canadian Equity Fund Phillips, Hager & North Community Values Global Equity Fund Principal Regulator - Ontario Type and Date:

Amendment #3 to Final Simplified Prospectus dated April 6, 2017 Received on April 7, 2017 Offering Price and Description:

- Underwriter(s) or Distributor(s):

Phillips, Hager & North Investment Funds Ltd. Promoter(s):

RBC Global Asset Management Inc. Project #2485597

_______________________________________________ Issuer Name:

Cambridge Balanced Yield Pool Cambridge Canadian Short-Term Bond Pool Cambridge Premium Yield Pool Harbour Analyst Fund Signature Floating Rate Income Pool Principal Regulator - Ontario Type and Date:

Preliminary Simplified Prospectus dated April 3, 2017 NP 11-202 Preliminary Receipt dated April 4, 2017 Offering Price and Description:

Class A, A1, A2, A3, A4, A5, E, EF, F, F1, F2, F3, F4. F5, I, O and P units Underwriter(s) or Distributor(s):

- Promoter(s):

CI Investments Inc. Project #2608430

________________________________________

Issuer Name:

Dynamic Corporate Bond Strategies Class Dynamic Corporate Bond Strategies Fund Dynamic Money Market Class Dynamic Strategic Bond Fund Dynamic Canadian Asset Allocation Class Dynamic Power Balanced Class Dynamic Aurion Tactical Balanced Class Dynamic Power Canadian Growth Class Dynamic Power Dividend Growth Class Dynamic Global Value Class Dynamic EAFE Value Class Dynamic Emerging Markets Class Dynamic Power American Currency Neutral Fund DMP Power Global Growth Class DMP Resource Class DMP Value Balanced Class Dynamic Resource Fund Dynamic Strategic Growth Portfolio Dynamic Strategic Resource Class Principal Regulator - Ontario Type and Date:



1832 Asset Management L.P. GCIC Ltd. Promoter(s):

1832 Asset Management L.P. Project #2540701

_______________________________________________ Issuer Name:

Dynamic Emerging Markets Fund Principal Regulator - Ontario Type and Date:

Amendment #1 to Final Simplified Prospectus, dated April 7, 2017 Received on April 7, 2017 Offering Price and Description:


1832 Asset Management L.P. Promoter(s):

- Project #2484442

_____________________________________________


April 13, 2017

(2017), 40 OSCB 3664

Issuer Name:

Horizons S&P/TSX Capped Energy Index ETF Horizons S&P/TSX Capped Financials Index ETF Principal Regulator - Ontario Type and Date:

Amendment #1 to Final Long Form Prospectus dated April 3, 2017 Received on April 4, 2017 Offering Price and Description:


- Promoter(s):

Horiozns ETFs Management (Canada) Inc. Project #2509599

_______________________________________________ Issuer Name:

imaxx Canadian Bond Fund imaxx Canadian Dividend Fund imaxx Canadian Equity Growth Fund imaxx Canadian Fixed Pay Fund imaxx Global Equity Growth Fund imaxx Money Market Fund Principal Regulator - Ontario Type and Date:

Combined Preliminary and Pro Forma Simplified Prospectus dated April 6, 2017 NP 11-202 Preliminary Receipt dated April 7, 2017 Offering Price and Description:

A and F Class, Series O Units and Series 0, 3 and 5 Units Underwriter(s) or Distributor(s):

- Promoter(s):

- Project #2609404

_______________________________________________

Issuer Name:

North American Financial 15 Split Corp. Principal Regulator - Ontario Type and Date:

Preliminary Short Form Prospectus dated April 5, 2017 NP 11-202 Preliminary Receipt dated April 5, 2017 Offering Price and Description:

Offering: $ * - * Preferred Shares and * Class A Shares Prices: $ * per Preferred Share and $ * per Class A Share Underwriter(s) or Distributor(s):

National Bank Financial Inc. CIBC World Markets Inc. Scotia Capital Inc. RBC Dominion Securities Inc. BMO Nesbitt Burns Inc. GMP Securities L.P. Canaccord Genuity Corp. Raymond James Ltd. Desjardins Securities Inc. Echelon Wealth Partners Inc. Industrial Alliance Securities Inc. Mackie Research Capital Corporation Manulife Securities Incorporated Promoter(s):

- Project #2608822

_______________________________________________ Issuer Name:

North American Financial 15 Split Corp. Principal Regulator - Ontario Type and Date:

Amended and Restated to Preliminary Short Form Prospectus dated April 6, 2017 NP 11-202 Preliminary Receipt dated April 6, 2017 Offering Price and Description:

Offering: $54,110,300 - 2,833,000 Preferred Shares and 2,833,000 Class A Shares Prices: $10.00 per Preferred Share and $9.10 per Class A Share Underwriter(s) or Distributor(s):

National Bank Financial Inc. CIBC World Markets Inc. Scotia Capital Inc. RBC Dominion Securities Inc. BMO Nesbitt Burns Inc. GMP Securities L.P. Canaccord Genuity Corp. Raymond James Ltd. Desjardins Securities Inc. Echelon Wealth Partners Inc. Industrial Alliance Securities Inc. Mackie Research Capital Corporation Manulife Securities Incorporated Promoter(s):

- Project #2608822

_______________________________________________


April 13, 2017

(2017), 40 OSCB 3665

Issuer Name:

Phillips, Hager & North Community Values Balanced Fund Phillips, Hager & North Community Values Canadian Equity Fund Phillips, Hager & North Community Values Global Equity Fund Principal Regulator - Ontario Type and Date:



- Promoter(s):

RBC Global Asset Management Inc. Project #2485604

_______________________________________________ Issuer Name: Scotia Private Canadian Mid Cap Pool

Principal Regulator - Ontario Type and Date:



Scotia Capital Inc. Scotia Securities Inc. Scotia Capital Inc. (for Pinnacle Class and Class F units only) Scotia Capital Inc. (for Pinnacle Class only) 1832 Asset Management L.P. Promoter(s):

1832 Asset Management L.P Project #2540087

_______________________________________________ Issuer Name:

Purpose Best Ideas Fund Purpose Core Dividend Fund Purpose Duration Hedged Real Estate Fund Purpose Monthly Income Fund Purpose Short Duration Tactical Bond Fund Purpose Tactical Hedged Equity Fund Purpose Total Return Bond Fund Principal Regulator - Ontario Type and Date:

Combined Preliminary and Pro Forma Simplified Prospectus dated April 5, 2017 NP11-202 Preliminary Receipt dated April 7, 2017 Offering Price and Description:

ETF units, Class A units, Class F units and Class D units Underwriter(s) or Distributor(s):

N/A Promoter(s):

Purpose Investments Inc. Project #2609079

_______________________________________________

Issuer Name:

AIP Canadian Enhanced Income Class AIP Global Macro Class Principal Regulator - Ontario Type and Date:

Final Simplified Prospectus dated March 27, 2017 NP 11-202 Receipt dated April 6, 2017 Offering Price and Description:

Series A, F and I shares @ net asset value Underwriter(s) or Distributor(s):

- Promoter(s):

- Project #2582764

______________________________________________ Issuer Name:

Fidelity Canadian Growth Company Fund Fidelity Dividend Plus Fund Fidelity Special Situations Fund Fidelity True North Fund Fidelity Small Cap America Fund Fidelity U.S. Dividend Fund Fidelity U.S. Dividend Currency Neutral Fund Fidelity Emerging Markets Fund Fidelity Global Concentrated Equity Fund Fidelity Frontier Emerging Markets Fund Fidelity International Growth Fund Fidelity Global Technology Fund Fidelity U.S. Monthly Income Currency Neutral Fund Fidelity Tactical High Income Fund Fidelity Conservative Income Fund Fidelity Income Portfolio Fidelity ClearPath 2030 Portfolio Fidelity ClearPath 2055 Portfolio Fidelity Canadian Money Market Fund Fidelity American High Yield Fund Fidelity Floating Rate High Income Currency Neutral Fund Fidelity International Concentrated Equity Fund Principal Regulator - Ontario Type and Date:

Amendment #3 to Final Simplified Prospectus dated March 28, 2017 NP 11-202 Receipt dated April 6, 2017 Offering Price and Description:


Fidelity Investments Canada ULC Fidelity Investments Canada Limited Promoter(s):

Fidelity Investments Canada ULC Project #2535350

_______________________________________________


April 13, 2017

(2017), 40 OSCB 3666

Issuer Name: Fidelity International Growth Investment Trust




Fidelity Investments Canada ULC Promoter(s):

FIDELITY INVESTMENTS CANADA ULC Project #2515520

_______________________________________________ Issuer Name:

Horizons S&P/TSX Capped Energy Index ETF Horizons S&P/TSX Capped Financials Index ETF Principal Regulator - Ontario Type and Date:

Amendment #1 to Final Long Form Prospectus dated April 3, 2017 NP 11-202 Receipt dated April 7, 2017 Offering Price and Description:


- Promoter(s):

Horizons ETFs Management (Canada) Inc. Project #2509599

_______________________________________________ Issuer Name: imaxx Money Market Fund




- Promoter(s):

Foresters Financial Investment Management Company of Canada Inc. Project #2465651

_______________________________________________

Issuer Name:

Invesco Global Dividend Income Fund Invesco Global Monthly Income Fund Principal Regulator - Ontario Type and Date:

Final Simplified Prospectus dated April 3, 2017 NP 11-202 Receipt dated April 4, 2017 Offering Price and Description:

Series A, Series F, Series I, Series P, Series PF and Series PTF units @ net asset value Underwriter(s) or Distributor(s):

- Promoter(s):

Invesco Canada Ltd. Project #2587766

_______________________________________________ Issuer Name:

Mackenzie Core Plus Canadian Fixed Income ETF Mackenzie Core Plus Global Fixed Income ETF Mackenzie Floating Rate Income ETF Mackenzie Global High Yield Fixed Income ETF Mackenzie Unconstrained Bond ETF Principal Regulator - Ontario Type and Date:

Final Long Form Prospectus dated April 3, 2017 NP 11-202 Receipt dated April 4, 2017 Offering Price and Description:

units @ net asset value Underwriter(s) or Distributor(s):

- Promoter(s):

Mackenzie Financial Corporation Project #2585822

_______________________________________________


April 13, 2017

(2017), 40 OSCB 3667

Issuer Name:

Manulife Asia Equity Class Manulife Asia Total Return Bond Fund Manulife Balanced Equity Private Pool Manulife Balanced Income Private Trust Manulife Bond Fund Manulife Canadian Balanced Fund Manulife Canadian Balanced Private Pool Manulife Canadian Bond Plus Fund Manulife Canadian Corporate Bond Fund Manulife Canadian Dividend Growth Class Manulife Canadian Dividend Growth Fund Manulife Canadian Dividend Income Class Manulife Canadian Dividend Income Fund Manulife Canadian Equity Balanced Class Manulife Canadian Equity Private Pool Manulife Canadian Fixed Income Private Trust Manulife Canadian Focused Class Manulife Canadian Focused Fund Manulife Canadian Growth and Income Private Trust Manulife Canadian Investment Class Manulife Canadian Investment Fund Manulife Canadian Monthly Income Class Manulife Canadian Monthly Income Fund Manulife Canadian Opportunities Balanced Class Manulife Canadian Opportunities Balanced Fund Manulife Canadian Opportunities Class Manulife Canadian Opportunities Fund Manulife Canadian Stock Class Manulife Canadian Stock Fund Manulife China Class Manulife Conservative Income Fund Manulife Corporate Bond Fund Manulife Corporate Fixed Income Private Trust Manulife Covered Call U.S. Equity Class Manulife Covered Call U.S. Equity Fund Manulife Diversified Income Portfolio Manulife Diversified Investment Fund Manulife Diversified Strategies Fund Manulife Dividend Income Class Manulife Dividend Income Fund Manulife Dividend Income Private Pool Manulife Dollar-Cost Averaging Fund Manulife Emerging Markets Class Manulife Emerging Markets Debt Fund Manulife Emerging Markets Fund Manulife Floating Rate Income Fund Manulife Global All Cap Focused Fund Manulife Global Balanced Fund Manulife Global Balanced Private Trust Manulife Global Dividend Class Manulife Global Dividend Fund Manulife Global Dividend Growth Class Manulife Global Dividend Growth Fund Manulife Global Equity Class Manulife Global Equity Private Pool Manulife Global Equity Unconstrained Class Manulife Global Equity Unconstrained Fund Manulife Global Fixed Income Private Trust Manulife Global Infrastructure Class Manulife Global Infrastructure Fund Manulife Global Real Estate Unconstrained Class Manulife Global Real Estate Unconstrained Fund

Manulife Global Small Cap Balanced Fund Manulife Global Small Cap Fund Manulife Global Strategic Balanced Yield Fund Manulife Global Tactical Credit Fund Manulife Growth Opportunities Class Manulife Growth Opportunities Fund Manulife High Yield Bond Fund Manulife International Equity Private Trust Manulife International Focused Fund Manulife International Value Equity Fund Manulife Leaders Balanced Growth Portfolio Manulife Leaders Balanced Income Portfolio Manulife Leaders Opportunities Portfolio Manulife Money Fund Manulife Money Market Private Trust Manulife Monthly High Income Class Manulife Monthly High Income Fund Manulife Portrait Aggressive Portfolio Manulife Portrait Conservative Portfolio Manulife Portrait Dividend Growth & Income Portfolio Manulife Portrait Dividend Growth & Income Portfolio Class Manulife Portrait Growth Portfolio Manulife Portrait Growth Portfolio Class Manulife Portrait Moderate Portfolio Manulife Preferred Income Class Manulife Short Term Bond Fund Manulife Short Term Yield Class Manulife Simplicity Balanced Portfolio Manulife Simplicity Conservative Portfolio Manulife Simplicity Global Balanced Portfolio Manulife Simplicity Growth Portfolio Manulife Simplicity Moderate Portfolio Manulife Strategic Balanced Yield Fund Manulife Strategic Dividend Bundle Manulife Strategic Income Fund Manulife Strategic Investment Grade Global Bond Fund Manulife Tactical Income Fund Manulife U.S. All Cap Equity Class Manulife U.S. All Cap Equity Fund Manulife U.S. Balanced Private Trust Manulife U.S. Balanced Value Private Trust Manulife U.S. Dividend Income Class Manulife U.S. Dividend Income Fund Manulife U.S. Dividend Income Registered Fund Manulife U.S. Dollar Floating Rate Income Fund Manulife U.S. Dollar Strategic Balanced Yield Fund Manulife U.S. Dollar Strategic Income Fund Manulife U.S. Dollar U.S. All Cap Equity Fund Manulife U.S. Equity Fund Manulife U.S. Equity Private Pool Manulife U.S. Fixed Income Private Trust Manulife U.S. Monthly High Income Fund Manulife U.S. Opportunities Fund Manulife U.S. Tactical Credit Fund Manulife Unhedged U.S. Monthly High Income Fund Manulife Value Balanced Class Manulife Value Balanced Fund Manulife World Investment Class Manulife World Investment Fund Manulife Yield Opportunities Fund Principal Regulator - Ontario Type and Date:


April 13, 2017

(2017), 40 OSCB 3668

Amendment #2 to Simplified Prospectus and Amendment #4 5 to AIF dated March 31, 2017 NP 11-202 Receipt dated April 5, 2017 Offering Price and Description:

Advisor Series securities, Series D securities, Series F securities, Series FT5 securities, Series FT6 securities, Series FT7 securities, Series FT8 securities, Series T5 securities, Series T6 securities, Series T7 securities, Series T8 securities Underwriter(s) or Distributor(s):

Manulife Asset Management Investments Inc. Promoter(s):

Manulife Asset Management Limited Project #2496519

_______________________________________________ Issuer Name:

MDPIM S&P/TSX Capped Composite Index Pool MDPIM International Equity Index Pool MDPIM S&P 500 Index Pool Principal Regulator - Ontario Type and Date:

Final Simplified Prospectus dated March 31, 2017 NP 11-202 Receipt dated April 4, 2017 Offering Price and Description:

Series A units Underwriter(s) or Distributor(s):

MD Management Limited Promoter(s):

MD Financial Management Inc. Project #2582991

_______________________________________________

Issuer Name:

Multi-Asset Equity Completion Russell Investments Multi-Factor International Equity Pool Principal Regulator - Ontario Type and Date:

Final Simplified Prospectus dated April 3, 2017 NP 11-202 Receipt dated April 6, 2017 Offering Price and Description:

Series B, F and O units @ net asset value Underwriter(s) or Distributor(s):

Russell Investments Canada Limited Promoter(s):

Russell Investments Canada Limited Project #2592698

______________________________________________ Issuer Name:

Sphere FTSE Asia Sustainable Yield Index ETF Sphere FTSE Canada Sustainable Yield Index ETF Sphere FTSE Emerging Markets Sustainable Yield Index ETF Sphere FTSE Europe Sustainable Yield Index ETF Sphere FTSE US Sustainable Yield Index ETF Principal Regulator - Ontario Type and Date:


Units Underwriter(s) or Distributor(s):

- Promoter(s):

- Project #2584700


April 13, 2017

(2017), 40 OSCB 3669

NON-INVESTMENT FUNDS

Issuer Name:

Ag Growth International Inc. Principal Regulator - Manitoba Type and Date:


$75,000,000.00 4.85% Convertible Unsecured Subordinated Debentures Price: $1,000 per Debenture Underwriter(s) or Distributor(s):

CIBC World Markets Inc. National Bank Financial Inc. TD Securities Inc. RBC Dominion Securities Inc. Scotia Capital Inc. BMO Nesbitt Burns Inc. Raymond James Ltd. Altacorp Capital Inc. Laurentian Bank Securities Inc. Promoter(s):

- Project #2608683

_______________________________________________ Issuer Name:

Cardinal Resources Limited Type and Date:

Preliminary Long Form Prospectus dated April 5, 2017 (Preliminary) Receipted on April 5, 2017 Offering Price and Description:


- Promoter(s):

- Project #2608830

_______________________________________________ Issuer Name:

Glorious Creation Limited Principal Regulator - British Columbia Type and Date:

Preliminary Long Form Prospectus dated April 4, 2017 NP 11-202 Preliminary Receipt dated April 4, 2017 Offering Price and Description:

Maximum Offering: $2,400,000.00 or 8,000,000 Shares (the "Maximum Offering") Minimum Offering: $1,410,000.00 or 4,700,000 Shares (the "Minimum Offering") Price: $0.30 per Share Underwriter(s) or Distributor(s):

Mackie Research Capital Corporation Promoter(s):

Kong Yuk Kan Project #2608548

_______________________________________________

Issuer Name:

IntelGenx Technologies Corp. Principal Regulator - Quebec Type and Date:


Maximum: $10,000,000.00 Minimum: $7,000,000.00 8% Convertible Unsecured Subordinated Debentures due June 30, 2020 Price: $1,000.00 per Debenture Underwriter(s) or Distributor(s):

Desjardins Securities Inc. Laurentian Bank Securities Inc. Promoter(s):

- Project #2608826

_______________________________________________ Issuer Name:

K-Bro Linen Inc. Principal Regulator - Alberta Type and Date:


$50,160,000.00 - 1,320,000 Common Shares Price: $38.00 per Common Share Underwriter(s) or Distributor(s):

TD Securities Inc. Acumen Capital Finance Partners Limited GMP Securities L.P. Laurentian Bank Securities Inc. Cormark Securities Inc. National Bank Financial Inc. Echelon Wealth Partners Inc. Promoter(s):

- Project #2608636

_______________________________________________ Issuer Name:

Nevada Zinc Corporation Principal Regulator - Ontario Type and Date:


Up to CDN $2,000,000.00 - * Units CDN $* per Unit Underwriter(s) or Distributor(s):

Canaccord Genuity Corp. Promoter(s):

- Project #2610039

_______________________________________________


April 13, 2017

(2017), 40 OSCB 3670

Issuer Name:

North American Nickel Inc. Principal Regulator - British Columbia Type and Date:


Up to $15,000,000.00 - Up to [*] Units Price: $[*] per Unit Underwriter(s) or Distributor(s):

Paradigm Capital Inc. Promoter(s):

- Project #2609084

_______________________________________________ Issuer Name:

Silver Wheaton Corp. Principal Regulator - British Columbia Type and Date:

Preliminary Base Shelf Prospectus dated April 6, 2017 NP 11-202 Preliminary Receipt dated April 6, 2017 Offering Price and Description:

US$2,000,000,000.00 Common Shares Preferred Shares Debt Securities Subscription Receipts Units Warrants Underwriter(s) or Distributor(s):

- Promoter(s):

- Project #2609377

_______________________________________________ Issuer Name:

Source Energy Services Ltd. Principal Regulator - Alberta Type and Date:

Amended and Restated Preliminary Prospectus dated April 6, 2017 NP 11-202 Preliminary Receipt dated April 6, 2017 Offering Price and Description:

$175,000,004.00 - 16,666,667 Common Shares Price: $10.50 per Common Share Underwriter(s) or Distributor(s):

Scotia Capital Inc. Morgan Stanley Canada Limited BMO Nesbitt Burns Inc. CIBC World Markets Inc. Goldman Sachs Canada Inc. Raymond James Ltd. RBC Dominion Securities Inc. Canaccord Genuity Corp. AltaCorp Capital Inc. GMP Securities L.P. Peters & Co. Limited Promoter(s):

- Project #2583452

_______________________________________________

Issuer Name:

22 Capital Corp. Principal Regulator - Ontario Type and Date:

Final Prospectus dated April 6, 2017 NP 11-202 Receipt dated April 7, 2017 Offering Price and Description:

$600,000.00 or 6,000,000 Common Shares Price: $0.10 per Common Share Underwriter(s) or Distributor(s):

Industrial Alliance Securities Inc. Promoter(s):

Steven Mintz Project #2596057

_______________________________________________ Issuer Name:

CT Real Estate Investment Trust Principal Regulator - Ontario Type and Date:

Final Base Shelf Prospectus dated April 5, 2017 NP 11-202 Receipt dated April 5, 2017 Offering Price and Description:

$2,000,000,000.00 - Units, Preferred Units, Debt Securities, Subscription Receipts, Warrants Underwriter(s) or Distributor(s):

- Promoter(s):

Canadian Tire Corporation, Limited Project #2600084

_______________________________________________ Issuer Name:

Enbridge Income Fund Holdings Inc. Principal Regulator - Alberta Type and Date:

Final Short Form Prospectus dated April 7, 2017 NP 11-202 Receipt dated April 7, 2017 Offering Price and Description:

15,085,000 Common Shares Price: $33.15 Per Common Share Underwriter(s) or Distributor(s):

BMO Nesbitt Burns Inc. CIBC World Markets Inc. Scotia Capital Inc. National Bank Financial Inc. RBC Dominion Securities Inc. TD Securities Inc. Desjardins Securities Inc. HSBC Securities (Canada) Inc. J.P. Morgan Securities Canada Inc. Altacorp Capital Inc. Canaccord Genuity Corp. GMP Securities L.P. Peters & Co. Limited Promoter(s):

- Project #2601067

_______________________________________________


April 13, 2017

(2017), 40 OSCB 3671

Issuer Name:

Source Energy Services Ltd. Principal Regulator - Alberta Type and Date:


$175,000,004.00 - 16,666,667 Common Shares at a price of $10.50 per Common Share Underwriter(s) or Distributor(s):

Scotia Capital Inc. Morgan Stanley Canada Limited BMO Nesbitt Burns Inc. CIBC World Markets Inc. Goldman Sachs Canada Inc. Raymond James Ltd. RBC Dominion Securities Inc. Canaccord Genuity Corp. AltaCorp Capital Inc. GMP Securities L.P. Peters & Co. Limited Promoter(s):

- Project #2583452

_______________________________________________

Issuer Name:

Sprott Resource Holdings Inc. (formerly Adriana Resources Inc. ) Principal Regulator - Ontario Type and Date:

Final Short Form Prospectus dated April 4, 2017 NP 11-202 Receipt dated April 4, 2017 Offering Price and Description:

$30,000,000.00 - 120,000,000 Units at an offering price of $0.25 per Offered Unit Underwriter(s) or Distributor(s):

Sprott Private Wealth LP Haywood Securities Inc. Promoter(s):

- Project #2592521


April 13, 2017

(2017), 40 OSCB 3672


April 13, 2017

(2017), 40 OSCB 3673

Chapter 12

Registrations

12.1.1 Registrants

Type Company Category of Registration Effective Date

New Registration

Applied Research Investment Advisors Corp. / Applied Research - Conseil en Investissements Corp.

Portfolio Manager April 4, 2017

Voluntary Surrender Rondeau Capital Inc. Portfolio Manager March 30, 2017

New Registration Outcome Wealth Management Inc.

Portfolio Manager and Commodity Trading Manager

April 7, 2017

New Registration DPN Capital Inc. Exempt Market Dealer April 7, 2017

Voluntary Surrender FIAM LLC Portfolio Manager April 3, 2017

Registrations

April 13, 2017

(2017), 40 OSCB 3674


April 13, 2017

(2017), 40 OSCB 3675

Chapter 13

SROs, Marketplaces, Clearing Agencies and Trade Repositories

13.3 Clearing Agencies 13.3.1 CDCC – Amendments to Sections A-102, A-220 and A-701 of the CDCC Rules – Notice of Commission Approval

NOTICE OF COMMISSION APPROVAL

AMENDMENTS TO SECTIONS A-102, A-220 AND A-701 OF THE RULES OF THE CANADIAN DERIVATIVES CLEARING CORPORATION IN ORDER TO ESTABLISH A HIGHER STANDARD OF LEGAL CERTAINTY WITH RESPECT TO

BANKRUPTCY REMOTENESS

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and The Canadian Derivatives Clearing Corporation (CDCC), the Commission approved on March 10, 2017, amendments related to establishing a higher standard of legal certainty with respect to bankruptcy remoteness. A copy of the CDCC notice was published for comment on December 8, 2016 on the Commission's website at: http://www.osc.gov.on.ca. No comments were received.

SROs, Marketplaces, Clearing Agencies and Trade Repositories

April 13, 2017

(2017), 40 OSCB 3676

13.3.2 CDCC – Amendments to Sections A-1A04 and A-401 of the CDCC Rules – Notice of Commission Approval

NOTICE OF COMMISSION APPROVAL

THE CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC)

AMENDMENTS TO SECTIONS A-1A04 AND A-401 OF THE RULES OF CDCC IN ORDER TO ESTABLISH AND DOCUMENT CDCC'S CONSULTATION POWER

In accordance with the Rule Protocol between the Ontario Securities Commission (Commission) and CDCC, the Commission approved on February 7, 2017, changes to the amendments to Sections A-1A04 and A-401 in order for establish and document CDCC’s consultation power. A copy of the CDCC notice was published for comment on August 18, 2016 on the Commission's website at: http://www.osc.gov.on.ca. No comments were received. The purpose of the rule amendments is to establish and document CDCC’s intention to enter into consultation with the Bank of Canada before declaring certain clearing members non-conforming or using enforcement measures permitted under such status. Additional amendments were made to Sections A-1A04 and A-401 of the Rules of CDCC since publication for comment. The scope of CDCC’s obligation to consult with the Bank of Canada was clarified to apply to a clearing member who may be affected by an order under subsection 39.13(1) of the Canada Deposit Insurance Corporation Act or the affiliates of such clearing member and CDCC will consult with the Bank of Canada pursuant to the CDCC rules. The language was adjusted accordingly to provide greater transparency as to the nature of the obligation of CDCC with respect to its consultation with the Bank of Canada. A copy of the CDCC Notice containing the cumulative changes made to the rule is published on our website at http://www.osc.gov.on.ca.

April 13, 2017

(2017), 40 OSCB 3677

Index

Applied Research Investment Advisors Corp. / Applied Research - Conseil en Investissements Corp.

New Registration ............................................ 3673 Bank of Montreal

Order .............................................................. 3398 Barrick Gold Corporation – s. 46(4)

Order .............................................................. 3383 BMO Canadian Top 15 Small Cap Tactic™ Fund

Decision.......................................................... 3368 BMO Fintech Sector Tactic™ Fund

Decision.......................................................... 3368 BMO Nesbitt Burns Inc. et al.

Decision.......................................................... 3368 BMO Nesbitt Burns Inc.

Order .............................................................. 3387 BMO U.S. Top 15 Small Cap Tactic™ Fund

Decision.......................................................... 3368 Brookfield Investment Management (Canada) Inc.

Decision.......................................................... 3337 Canadian Imperial Bank of Commerce

Decision.......................................................... 3371 CDCC

Clearing Agencies – Amendments to Sections A-102, A-220 and A-701 of the CDCC Rules – Notice of Commission Approval ..................... 3675 Clearing Agencies – Amendments to Sections A-1A04 and A-401 of the CDCC Rules – Notice of Commission Approval................................. 3676 CIBC Asset Management Inc.

Decision.......................................................... 3371 CSA Staff Notice 11-335 Notice of Local Amendments and Changes in Certain Jurisdictions

Rules and Policies .......................................... 3441 Desjardins 1-5 year Laddered Canadian Corporate Bond Index ETF

Decision.......................................................... 3342 Desjardins 1-5 year Laddered Canadian Government Bond Index ETF

Decision.......................................................... 3342 Desjardins Canada Multifactor-Controlled Volatility ETF

Decision.......................................................... 3342

Desjardins Canadian Preferred Share Index ETF

Decision ......................................................... 3342 Desjardins Canadian Short Term Bond Index ETF

Decision ......................................................... 3342 Desjardins Canadian Universe Bond Index ETF

Decision ......................................................... 3342 Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF

Decision ......................................................... 3342 Desjardins Emerging Markets Multifactor-Controlled Volatility ETF

Decision ......................................................... 3342 Desjardins Global Asset Management Inc.

Decision ......................................................... 3342 Desjardins USA Multifactor-Controlled Volatility ETF

Decision ......................................................... 3342 Dollarama Inc.

Order .................................................... 3387, 3393 DPN Capital Inc.

New Registration ............................................ 3673 Drabinsky, Garth H.

Notice from the Office of the Secretary .......... 3328 Order .............................................................. 3375 Driscoll, Sean

Notice from the Office of the Secretary .......... 3330 Order with Related Settlement Agreement .... 3399 OSC Decision ................................................ 3435 Eckstein, Gordon

Notice from the Office of the Secretary .......... 3328 Order .............................................................. 3375 Eco Oro Minerals Corp.

Order .............................................................. 3386 Notice from the Office of the Secretary .......... 3331 Enstar Group Limited

Decision ......................................................... 3333 Equilibrium Partners Inc.

Notice from the Office of the Secretary.............................................. 3330, 3332 Notice of Hearing ........................................... 3328 Orders with Related Settlement Agreements – ss. 127, 127.1 ............................................ 3422

Index

April 13, 2017

(2017), 40 OSCB 3678

FIAM LLC

Voluntary Surrender ....................................... 3673 Fidelity Investments Canada ULC

Decision.......................................................... 3361 Franklin Target Return Fund

Decision.......................................................... 3358 Franklin Templeton Investments Corp.

Decision .................................................. 3358 Frankly Inc.

Decision.......................................................... 3352 Gotlieb, Myron I.

Notice from the Office of the Secretary .......... 3328 Order .............................................................. 3375 Kotton, Lance

Notice from the Office of the Secretary .......... 3329 Order .............................................................. 3378 Mackenzie Financial Corporation

Decision .................................................. 3355 Mackenzie Global High Yield Fixed Income ETF

Decision.......................................................... 3355 Manitoba Telecom Services Inc

Order – s. 1(10)(a)(ii) ...................................... 3379 Nagy, Miklos

Notice from the Office of the Secretary .......... 3331 Order .............................................................. 3382 Notice of Ministerial Approval of Arrangements Regarding the Access, Collection, Storage and Use of Derivatives Data

Notice ............................................................. 3327 Orsu Metals Corp.

Cease Trade Order ........................................ 3439 Outcome Wealth Management Inc.

New Registration ............................................ 3673 Performance Sports Group Ltd.

Cease Trade Order ........................................ 3439 Petromin Resources Ltd.

Cease Trade Order ........................................ 3439 Quadrexx Hedge Capital Management Ltd.

Notice from the Office of the Secretary .......... 3331 Order .............................................................. 3382 Quadrexx Secured Assets Inc.

Notice from the Office of the Secretary .......... 3331 Order .............................................................. 3382

Rondeau Capital Inc.

Voluntary Surrender ....................................... 3673 Rotstein, Mark Steven

Notice from the Office of the Secretary.............................................. 3330, 3332 Notice of Hearing ........................................... 3328 Orders with Related Settlement Agreements . 3422 Sanfelice, Tony

Notice from the Office of the Secretary .......... 3331 Order 3382 Sentry Investments Inc.

Notice from the Office of the Secretary .......... 3330 Order with Related Settlement Agreement .... 3399 OSC Decision ................................................ 3435 Wilmington Trust, National Association

Order .............................................................. 3383