OSC Bulletin · 2 Based on General Order 45-925 Saskatchewan Equity Crowdfunding Exemption....

The Ontario Securities Commission

OSC Bulletin

March 20, 2014

Volume 37, Issue 12

(2014), 37 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 Carswell, a Thomson Reuters business 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

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March 20, 2014 (2014), 37 OSCB

Table of Contents Chapter 1 Notices / News Releases ...................... 2821 1.1 Notices .......................................................... 2821 1.1.1 CSA Staff Notice 45-314 – Consolidated List of Current CSA Exempt Market Initiatives ........................................................ 2821 1.2 Notices of Hearing ........................................ 2828 1.2.1 Bluestream Capital Corporation et al. – ss. 127, 127.1 ............................................. 2828 1.3 News Releases ............................................. 2833 1.4 Notices from the Office of the Secretary ............................................ 2834 1.4.1 Bradon Technologies Ltd. et al. ...................... 2834 1.4.2 Bluestream Capital Corporation et al. ............. 2834 1.4.3 Pro-Financial Asset Management Inc. ............ 2835 Chapter 2 Decisions, Orders and Rulings ............ 2837 2.1 Decisions ...................................................... 2837 2.1.1 Corus Entertainment Inc. ................................ 2837 2.1.2 Triangle Petroleum Corporation .................... 2840 2.1.3 Novik Inc. – s. 1(10)(a)(ii) ............................... 2842 2.1.4 Sun Life Investment Management Inc. ........... 2843 2.1.5 Atrium Innovations Inc. – s. 1(10) ................... 2851 2.1.6 Alliance Pipeline Limited Partnership ............. 2852 2.1.7 Cangene Corporation – s. 1(10)(a)(ii) ............. 2855 2.2 Orders............................................................ 2856 2.2.1 Bradon Technologies Ltd. et al. – s. 127 .......................................................... 2856 2.2.2 Pro-Financial Asset Management Inc. ............ 2857 2.3 Rulings ........................................................... (nil) Chapter 3 Reasons: Decisions, Orders and Rulings ................................................... 2863 3.1 OSC Decisions, Orders and Rulings .......... 2863 3.1.1 Pro-Financial Asset Management Inc. and the Pro-Index Funds ................................ 2863 3.2 Court Decisions, Order and Rulings ............ (nil) Chapter 4 Cease Trading Orders ........................... 2869 4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders ......................... 2869 4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders .............. 2869 4.2.2 Outstanding Management & Insider Cease Trading Orders .................................... 2869 Chapter 5 Rules and Policies.................................. (nil) Chapter 6 Request for Comments .......................... (nil) Chapter 7 Insider Reporting................................... 2871 Chapter 8 Notice of Exempt Financings ............... 3013

Reports of Trades Submitted on Forms 45-106F1 and 45-501F1 .............. 3013

Chapter 9 Legislation .............................................. (nil)

Chapter 11 IPOs, New Issues and Secondary Financings ............................................. 3017 Chapter 12 Registrations ......................................... 3023 12.1.1 Registrants ..................................................... 3023 Chapter 13 SROs, Marketplaces and

Clearing Agencies .................................. (nil) 13.1 SROs ............................................................... (nil) 13.2 Marketplaces .................................................. (nil) 13.3 Clearing Agencies ......................................... (nil) Chapter 25 Other Information ................................. 3025 25.1 Approvals ..................................................... 3025 25.1.1 Agilith Capital Inc. – s. 213(3)(b) .................... 3025 Index ............................................................................ 3027

March 20, 2014

(2014), 37 OSCB 2821

Chapter 1

Notices / News Releases 1.1 Notices 1.1.1 CSA Staff Notice 45-314 – Consolidated List of Current CSA Exempt Market Initiatives

CSA Staff Notice 45-314

Consolidated List of Current CSA Exempt Market Initiatives

March 20, 2014 Introduction Modernization of the exempt market regulatory regime is a major priority for the Canadian Securities Administrators (CSA). In keeping with this, CSA members are publishing a series of significant initiatives related to prospectus exemptions. This Notice describes all of these initiatives in one place for the benefit of industry and investors. Although CSA members have substantially harmonized the prospectus exemptions and amendments to prospectus exemptions, market participants will note some differences. Some of these can be explained by differences in local markets and the fact that certain prospectus exemptions are proposed for the first time in some jurisdictions. List of Initiatives (organized by Exemption and Date Published)

Prospectus Exemption

Jurisdiction Summary of Latest Developments Date (2014)

Short-Term Debt (s. 2.35 of NI 45-1061)

All Publication for comment • Proposal to modify the minimum credit rating

requirement when an issuer obtains more than one credit rating

January 23

Short-Term Securitized Products (proposed s. 2.35.2 of NI 45-106)

All Publication for comment • Proposal to introduce a new prospectus

exemption for short-term securitized products (ABCP) with additional credit rating, liquidity and disclosure requirements

January 23

Accredited Investor (s. 2.3 of NI 45-106)

All Publication for comment • Proposal to require persons relying on the

prospectus exemption to obtain a signed risk acknowledgement from certain individual accredited investors

• Proposal regarding additional guidance on steps issuers can take to verify accredited investor status

February 27

1 National Instrument 45-106 Prospectus and Registration Exemptions.

Notices / News Releases

March 20, 2014

(2014), 37 OSCB 2822



ON Publication for comment • Proposal to amend the definition of accredited

investor in Ontario to allow fully managed accounts to purchase investment fund securities using the managed account category of the prospectus exemption

February 27

$150,000 Minimum Amount Investment (s. 2.10 of NI 45-106)

All Publication for comment • Proposal to restrict the prospectus exemption to

distributions to non-individual investors

February 27

Report of Exempt Distribution (Forms 45-106F1 and F6)

All Publication for comment • Proposal to gather additional information on the

purchaser’s category of accredited investor, the issuer’s industry and persons being compensated in connection with the exempt distribution

February 27

Existing Security Holder (Multilateral Notice 45-313 Prospectus Exemption for Distributions to Existing Security Holders)

BC, AB, SK, MB, QC, NB, NS, PE, YK, NT NU

Adoption by local blanket order or rule of new prospectus exemption

• Issuers listed on certain Canadian stock exchanges may distribute securities to existing security holders in prescribed circumstances

March 13

Existing Security Holder (proposed s. 2.9 of OSC Rule 45-501 Ontario Prospectus and Registration Exemptions)

ON

Publication for comment • Proposal to introduce a new prospectus

exemption that would allow non-investment fund issuers listed on certain Canadian stock exchanges to distribute securities to existing security holders in prescribed circumstances

March 20

Offering Memorandum (s. 2.9 of NI 45-106)

AB, SK, QC Publication for comment • Proposal to impose new annual caps on the

amount that can be raised from an individual, to address marketing materials and to require annual financial statements

March 20

ON

Publication for comment • Proposal to introduce an offering memorandum

prospectus exemption similar to the exemption available in certain other CSA jurisdictions (as proposed to be amended) for non-investment fund issuers

March 20

NB Publication for comment • Proposal to adopt an offering memorandum

prospectus exemption on the same terms as in Ontario

March 20


March 20, 2014

(2014), 37 OSCB 2823



Family, Friends and Business Associates (s. 2.5 and proposed s. 2.6.1 of NI 45-106)

ON

Publication for comment • Proposal to introduce a family, friends and

business associates prospectus exemption similar to those in other CSA jurisdictions for non-investment fund issuers

March 20

Crowdfunding (proposed MI 45-108 Crowdfunding)

SK, MB, ON, QC, NB, NS

Publication for comment • Proposal to introduce a new crowdfunding

prospectus exemption for non-investment fund issuers and an associated registration regime for online funding portals

March 20

Crowdfunding (proposed Start-Up Crowdfunding general and blanket orders)

SK, MB, QC, NB, NS

Publication for comment • Proposal to introduce new crowdfunding

prospectus and registration exemptions for non-reporting issuers similar to Saskatchewan’s existing regime2

March 20

Crowdfunding (BC Notice 2014/03 Start-Up Crowdfunding)

BC Request for comment • Request for comment on introducing new

crowdfunding prospectus and registration exemptions for non-reporting issuers similar to Saskatchewan’s existing regime2

March 20

Report of Exempt Distribution (proposed Forms 45-106F10 and F11)

AB, SK, ON, NB Publication for comment • Proposal to introduce two new reports of exempt

distribution, one for investment funds and the other for non-investment fund issuers

March 20

The text of the new exemptions and proposed amendments is or will be available on websites of CSA jurisdictions, including: www.lautorite.qc.ca www.albertasecurities.com www.bcsc.bc.ca www.nssc.gov.ns.ca www.fcnb.ca www.osc.gov.on.ca www.fcaa.gov.sk.ca www.msc.gov.mb.ca Questions Please refer your questions to any of the following:

British Columbia Peter Brady Director, Corporate Finance British Columbia Securities Commission 604-899-6570 Toll free across Canada: 800-373-6393 [email protected]

Leslie Rose Senior Legal Counsel, Corporate Finance British Columbia Securities Commission 604-899-6654 Toll free across Canada: 800-373-6393 [email protected]

2 Based on General Order 45-925 Saskatchewan Equity Crowdfunding Exemption. Saskatchewan is not revoking its Order but is

republishing its Order as multilateral relief with Québec, New Brunswick and Nova Scotia.


March 20, 2014

(2014), 37 OSCB 2824

Alberta Jonathan Taylor Manager, CD Compliance & Market Analysis, Corporate Finance Alberta Securities Commission 403-297-4770 [email protected]

Denise Weeres Manager, Legal, Corporate Finance Alberta Securities Commission 403-297-2930 [email protected]

Saskatchewan Sonne Udemgba Deputy Director, Legal, Securities Division Financial and Consumer Affairs Authority of Saskatchewan 306-787-5879 [email protected]

Tony Herdzik Deputy Director, Corporate Finance, Securities Division Financial and Consumer Affairs Authority of Saskatchewan 306-787-5849 [email protected]

Manitoba Chris Besko Legal Counsel - Deputy Director The Manitoba Securities Commission 204-945-2561 [email protected]

Ontario Jo-Anne Matear Manager, Corporate Finance Ontario Securities Commission 416-593-2323 [email protected] Maria Carelli Senior Accountant, Compliance and Registrant Regulation Ontario Securities Commission 416-593-2380 [email protected]

Elizabeth Topp Senior Legal Counsel, Corporate Finance Ontario Securities Commission 416-593-2377 [email protected] Melissa Schofield Senior Legal Counsel, Investment Funds Ontario Securities Commission 416-595-8777 [email protected]

Québec Sylvie Lalonde Director, Policy and Regulations Department Autorité des marchés financiers 514-395-0337, ext. 4461 [email protected]

Patrick Théorêt Director, Corporate Finance Autorité des marchés financiers 514-395-0337, ext. 4381 [email protected]

New Brunswick Susan W. Powell Deputy Director, Securities Financial and Consumer Services Commission (New Brunswick) 506-643-7697 [email protected]

Nova Scotia Shirley Lee Director, Policy and Market Regulation Nova Scotia Securities Commission 902-424-5441 [email protected]

Kevin Redden Director, Corporate Finance Nova Scotia Securities Commission 902-424-5343 [email protected]


March 20, 2014

(2014), 37 OSCB 2825

Prince Edward Island Steve Dowling General Counsel Consumer, Labour and Financial Services Division Department of Environment, Labour and Justice Government of Prince Edward Island 902-368-4551 [email protected]

Newfoundland and Labrador Don Boyles Superintendent of Securities (by interim) Securities Commission of Newfoundland and Labrador Government of Newfoundland & Labrador 709-729-4501 [email protected]

Nunavut Louis Arki Director, Legal Registries Department of Justice, Government of Nunavut 867-975-6587 [email protected]

Northwest Territories Gary MacDougall Superintendent of Securities Office of the Superintendent of Securities Government of the Northwest Territories 867-873-7490 [email protected]

Yukon Rhonda Horte Deputy Superintendent Office of the Yukon Superintendent of Securities Yukon Government 867-667-5466 [email protected]


March 20, 2014

(2014), 37 OSCB 2826

APPENDIX A List of Ontario Initiatives

The following is a summary of current exempt market initiatives in Ontario.


Summary of Latest Developments Date Published (2014)

Short-Term Debt (s. 2.35 of NI 45-106)

Publication for comment • Proposal to modify the minimum credit rating requirement

when an issuer obtains more than one credit rating

January 23

Short-Term Securitized Products (proposed s. 2.35.2 of NI 45-106)

Publication for comment • Proposal to introduce a new prospectus exemption for

short-term securitized products (ABCP) with additional credit rating, liquidity and disclosure requirements

January 23

Accredited Investor (s. 2.3 of NI 45-106)

Publication for comment • Proposal to require persons relying on the prospectus

exemption to obtain a signed risk acknowledgement from certain individual accredited investors

• Proposal regarding additional guidance on steps issuers can take to verify accredited investor status

• Proposal to amend the definition of accredited investor in Ontario to allow fully managed accounts to purchase investment fund securities using the managed account category of the prospectus exemption

February 27

$150,000 Minimum Amount Investment (s. 2.10 of NI 45-106)

Publication for comment • Proposal to restrict the prospectus exemption to

distributions to non-individual investors

February 27

Report of Exempt Distribution (Forms 45-106F1 and F6)

Publication for comment • Proposal to gather additional information on the

purchaser’s category of accredited investor, the issuer’s industry and persons being compensated in connection with the exempt distribution

February 27

Existing Security Holder (proposed s. 2.9 of OSC Rule 45-501 Ontario Prospectus and Registration Exemptions)

Publication for comment • Proposal to introduce a new prospectus exemption that

would allow non-investment fund issuers listed on certain Canadian stock exchanges to distribute securities to existing security holders in prescribed circumstances

March 20

Offering Memorandum (s. 2.9 of NI 45-106)

Publication for comment • Proposal to introduce an offering memorandum prospectus

exemption similar to the exemption available in certain other CSA jurisdictions (as proposed to be amended) for non-investment fund issuers

March 20

Family, Friends and Business Associates (s. 2.5 and proposed s. 2.6.1 of NI 45-106)

Publication for comment • Proposal to introduce a family, friends and business

associates prospectus exemption similar to those in other CSA jurisdictions for non-investment fund issuers

March 20


March 20, 2014

(2014), 37 OSCB 2827


Summary of Latest Developments Date Published (2014)

Crowdfunding (proposed MI 45-108 Crowdfunding)

Publication for comment • Proposal to introduce a new crowdfunding prospectus

exemption for non-investment fund issuers and an associated registration regime for online funding portals

March 20

Report of Exempt Distribution (Proposed Forms 45-106F10 and F11)

Publication for comment • Proposal to introduce two new reports of exempt

distribution, one for investment funds and the other for non-investment fund issuers

March 20


March 20, 2014

(2014), 37 OSCB 2828

1.2 Notices of Hearing 1.2.1 Bluestream Capital Corporation et al. – ss. 127, 127.1

IN THE MATTER OF THE SECURITIES ACT,

R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF BLUESTREAM CAPITAL CORPORATION, BLUESTREAM INTERNATIONAL INVESTMENTS INC.,

KROWN CONSULTING CORP., 1859585 ONTARIO LTD. (operating as SOVEREIGN INTERNATIONAL INVESTMENTS) and PETER BALAZS

NOTICE OF HEARING

(Subsections 127 and 127.1) TAKE NOTICE that the Ontario Securities Commission (the “Commission”) will hold a hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O., c. S.5, as amended (the “Act”), at the offices of the Commission located at 20 Queen Street West, 17th Floor, commencing on April 2, 2014, 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, in the Commission’s opinion, it is in the public interest for the Commission to make the following orders against Bluestream Capital Corporation, (“Bluestream Capital”), Bluestream International Investments Inc. (“Bluestream International”), Krown Consulting Corp. (“Krown”), 1859585 Ontario Ltd. (operating as Sovereign International Investments) (“Sovereign”) (collectively, the “Corporate Respondents”) and Peter Balazs (“Balazs”) (together with the Corporate Respondents, the “Respondents”):

(a) that trading in any securities or derivatives by the Respondents cease permanently or for such period as is specified by the Commission, pursuant to paragraph 2 of subsection 127(1) of the Act;

(b) that trading in any securities of the Corporate Respondents cease permanently or for such period as is

specified by the Commission, pursuant to paragraph 2 of subsection 127(1) of the Act; (c) that the acquisition of any securities by the Respondents is prohibited permanently or for such period as is

specified by the Commission, pursuant to paragraph 2.1 of subsection 127.1 of the Act; (d) that any exemptions contained in Ontario securities law do not apply to the Respondents permanently or for

such period as is specified by the Commission, pursuant to paragraph 3 of subsection 127(1) of the Act; (e) that the Respondents be reprimanded, pursuant to paragraph 6 of subsection 127(1) of the Act; (f) that Balazs resign one or more positions that he holds as a director or officer of any issuer, registrant, or

investment fund manager, pursuant to paragraphs 7, 8.1 and 8.3 of subsection 127(1) of the Act; (g) that Balazs be prohibited from becoming or acting as a director or officer of any issuer, registrant, or

investment fund manager, pursuant to paragraphs 8, 8.2 and 8.4 of subsection 127(1) of the Act; (h) that Balazs be prohibited from becoming or acting as a registrant, as an investment fund manager, or as a

promoter, pursuant to paragraph 8.5 of subsection 127(1) of the Act; (i) that each Respondent pay an administrative penalty of not more than $1 million for each failure by the

respective Respondent to comply with Ontario securities law, pursuant to paragraph 9 of subsection 127(1) of the Act;

(j) that each Respondent disgorge to the Commission any amounts obtained as a result of non-compliance by

the respective Respondent with Ontario securities law, pursuant to paragraph 10 of subsection 127(1) of the Act;

(k) that the Respondents be ordered to pay the costs of the Commission investigation and the hearing, pursuant

to section 127.1 of the Act; and (l) such other order as the Commission considers appropriate in the public interest.


March 20, 2014

(2014), 37 OSCB 2829

BY REASON OF the allegations set out in the Statement of Allegations of Staff of the Commission, dated March 11, 2014, and such further allegations as counsel may advise and the Commission may permit; AND TAKE FURTHER NOTICE that any party to the proceeding may be represented by counsel at the hearing; AND TAKE FURTHER NOTICE that upon failure of any party to attend at the time and place stated above, the hearing may proceed in the absence of that party, and such party is not entitled to any further notice of the proceedings. DATED at Toronto, this 12th day of March, 2014. "Josée Turcotte” Acting Secretary to the Commission


March 20, 2014

(2014), 37 OSCB 2830

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF BLUESTREAM CAPITAL CORPORATION, BLUESTREAM INTERNATIONAL INVESTMENTS INC., KROWN CONSULTING CORP., 1859585 ONTARIO LTD. (operating as SOVEREIGN INTERNATIONAL INVESTMENTS)

and PETER BALAZS

STATEMENT OF ALLEGATIONS OF STAFF OF THE ONTARIO SECURITIES COMMISSION Staff of the Ontario Securities Commission (“Staff”) make the following allegations: I. OVERVIEW 1. This proceeding involves the fraudulent activities of and unregistered trading and an illegal distribution by Bluestream Capital Corporation (“Bluestream Capital”), Bluestream International Investments Inc. (“Bluestream International”), Krown Consulting Corp. (“Krown Consulting”), 1859585 Ontario Ltd. (operating as Sovereign International Investments) (“Sovereign”), under the branding of Bluestream Private Client Services, (collectively, the “Bluestream Companies”) and Peter Balazs (“Balazs”) (collectively, the “Respondents”) in relation to the sale of securities to approximately 63 Ontario investors, from whom the Respondents raised approximately CAD$2,620,815 and USD$907,097. 2. Between August 2008 and May 2012 (the “Material Time”), the Respondents solicited Ontario residents to enter into investment contracts offered by the Bluestream Companies and Balazs. Further, the Respondents engaged in fraudulent conduct by making misleading or untrue statements to investors regarding the use of investor funds, using investor funds for personal expenditures, and using investor funds to pay returns and redemptions to other investors. II. THE RESPONDENTS 3. Bluestream Capital was incorporated in Ontario on November 29, 2002. Bluestream Capital has never been a reporting issuer in Ontario and has never been registered with the Ontario Securities Commission (the “Commission”) in any capacity. Bluestream Capital has never filed a prospectus or preliminary prospectus with the Commission. 4. Bluestream International was incorporated in Ontario on November 17, 2008. Bluestream Capital has never been a reporting issuer in Ontario and has never been registered with the Commission in any capacity. Bluestream International has never filed a prospectus or preliminary prospectus with the Commission. 5. Krown Consulting was incorporated in Ontario on March 4, 2010. Krown Consulting has never been a reporting issuer in Ontario and has never been registered with the Commission in any capacity. Krown Consulting has never filed a prospectus or preliminary prospectus with the Commission. 6. Sovereign was incorporated in Ontario on September 29, 2011. Sovereign has never been a reporting issuer in Ontario and has never been registered with the Commission in any capacity. Sovereign has never filed a prospectus or preliminary prospectus with the Commission. 7. Balazs is a resident of Nobleton, Ontario. He is a director or officer of all of the Bluestream Companies. Further, he was the directing mind of all of the Bluestream Companies during the Material Time. He has never been registered with the Commission in any capacity. III. BACKGROUND A. Trading in Securities and Illegal Distribution 8. During the Material Time, Balazs held himself out as a successful foreign currency trader. He solicited investments from Ontario residents, purportedly to engage in foreign currency trading (also known as forex trading) using investor funds. Investors entered into either verbal or written agreements with Balazs or one of the Bluestream Companies with respect to these investments. 9. The investment offered by Balazs and the Bluestream Companies was an “investment contract” and therefore a “security” as defined in subsection 1(1) of the Ontario Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) (the “Investment Contracts”).


March 20, 2014

(2014), 37 OSCB 2831

10. Although the Investment Contracts often took the form of promissory notes and loan agreements, Balazs represented to investors that he would use the investor funds to engage in foreign currency trading and that investors would receive a fixed return based on the profits he generated through foreign currency trading. Based on his purported previous trading performance in the foreign currency market, Balazs offered investors a fixed annual percentage that varied based on the amount invested and the duration of the investment. The annual guaranteed returns offered ranged between 10 and 35 percent. 11. Balazs solicited Ontario residents to enter into the Investment Contracts by meeting with potential investors, discussing the nature of the investment, and showing investors statements demonstrating the purported profits he was making from trading foreign currencies. Balazs prepared and signed the Investment Contracts and deposited investor funds into several bank accounts in the names of the Bluestream Companies. 12. As a result of this activity, Balazs and the Bluestream Companies raised at least CAD$2,620,815 and USD$907,097 from 63 Ontario investors during the Material Time. 13. By engaging in the conduct described above, the Respondents traded and engaged in, or held themselves out as engaging in, the business of trading in securities and participated in acts, solicitations, conduct, or negotiations directly or indirectly in furtherance of the sale or disposition of securities for valuable consideration, in circumstances where there were no exemptions available to the Respondents under the Act, contrary to sections 25 and 53 of the Act. B. Fraudulent Conduct 14. Contrary to the representations made by Balazs to investor, most of the investor funds were not used for foreign currency trading. Rather, a substantial portion of investor funds deposited into the bank accounts of the Bluestream Companies were used by Balazs for personal expenditures and to make return and redemption payments to other investors. 15. During the Material Time, CAD$2,620,815 and USD$907,097 of investor funds deposited into the Bluestream bank accounts were dispersed as follows:

(a) Only approximately CAD$196,700 and USD$243,800 was transferred from the Bluestream Companies’ bank accounts into foreign currency trading accounts;

(b) Approximately CAD$1,044,900 and USD$515,450 was paid to investors to satisfy return and redemption

payments; (c) Approximately CAD$277,500 and USD$101,100 was paid out of the Bluestream Companies’ bank accounts

for personal expenditures, including automobile financing, insurance, fuel and retail purchases; (d) Approximately CAD$139,500 and USD$69,500 was withdrawn from the Bluestream Companies’ bank

accounts in cash; (e) Approximately CAD$36,500 and USD$117,100 was transferred to Balazs’ father-in-law; (f) Approximately CAD$188,600 and USD$59,400 was transferred to Balazs’s mother, who used those funds to

make mortgage payments on the property on which Balazs resides. 16. Neither Balazs nor the Bluestream Companies had any significant source of income other than funds generated through sales of securities to investors during the Material Time. 17. During the Material Time, by making misleading or untrue statements to investors regarding the use of investor funds, using investor funds for personal expenditures, and using investor funds to pay returns and redemptions to other investors, the Respondents engaged in fraudulent conduct contrary to subsection 126.1(b) of the Act. IV. BREACHES OF ONTARIO SECURITIES LAW AND CONDUCT CONTRARY TO THE PUBLIC INTEREST 18. The specific allegations advanced by Staff are:

(a) During the Material Time, the Respondents traded and engaged in or held themselves out as engaging in the business of trading in securities without being registered to do so and without an available exemption from the registration requirements, contrary to subsection 25(1)(a) of the Act for the period before September 28, 2009 and contrary to subsection 25(a) of the Act for the period on and after September 28, 2009;


March 20, 2014

(2014), 37 OSCB 2832

(b) During the Material Time, the Respondents traded in securities when a preliminary prospectus and prospectus had not been filed and receipts had not been issued for them by the Director, contrary to subsection 53(1) of the Act;

(c) During the Material Time, the Respondents engaged or participated in acts, practices or courses of conduct

relating to securities that they knew or reasonably ought to have known perpetrated a fraud on persons or companies contrary to subsection 126.1(b) of the Act;

(d) During the Material Time, Balazs, being an officer or director of the Bluestream Companies, authorized,

permitted or acquiesced in the Bluestream Companies’ non-compliance with Ontario securities law and accordingly failed to comply with Ontario securities law, contrary to section 129.2 of the Act; and

(e) The Respondents’ conduct was contrary to the public interest and harmful to the integrity of the Ontario capital

markets. 19. Staff reserve the right to make such other allegations as Staff may advise and the Commission may permit. DATED at Toronto, March 11, 2014.


March 20, 2014

(2014), 37 OSCB 2833

1.3 News Releases

Most news releases will no longer be printed in the Bulletin as of February 20, 2014. All news releases can be found on the OSC website at http://www.osc.gov.on.ca/en/NewsEvents_notices-newsreleases_index.htm.


March 20, 2014

(2014), 37 OSCB 2834

1.4 Notices from the Office of the Secretary 1.4.1 Bradon Technologies Ltd. et al.

FOR IMMEDIATE RELEASE March 14, 2014

IN THE MATTER OF

THE SECURITIES ACT, R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF

BRADON TECHNOLOGIES LTD., JOSEPH COMPTA, ENSIGN CORPORATE COMMUNICATIONS INC.

and TIMOTHY GERMAN TORONTO – The Commission issued an Order in the above named matter which provides that:

1. the hearing on the merits shall commence on December 1, 2014 at 10:00 a.m. and shall continue on December 3, 4, 5, 8, 9, 10, 11, 12, and 15, 2014, or on such further or other dates as may be agreed upon by the parties and fixed by the Office of the Secretary; and

2. a further confidential pre-hearing

conference shall take place on October 27, 2014 at 11:00 a.m.

A copy of the Order dated March 12, 2014 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY JOSÉE TURCOTTE ACTING SECRETARY For media inquiries: [email protected] Carolyn Shaw-Rimmington Manager, Public Affairs 416-593-2361 Aly Vitunski Senior Media Relations Specialist 416-593-8263 Alison Ford Media Relations Specialist 416-593-8307 For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)

1.4.2 Bluestream Capital Corporation et al.


IN THE MATTER OF


AND

IN THE MATTER OF

BLUESTREAM CAPITAL CORPORATION, BLUESTREAM INTERNATIONAL INVESTMENTS INC.,

KROWN CONSULTING CORP., 1859585 ONTARIO LTD. (operating as SOVEREIGN INTERNATIONAL

INVESTMENTS) and PETER BALAZS TORONTO – The Office of the Secretary issued a Notice of Hearing setting the matter down to be heard on April 2, 2014 at 10:00 a.m. as soon thereafter as the hearing can be held in the above named matter. The hearing will be held at the offices of the Commission at 20 Queen Street West, 17th Floor, Toronto. A copy of the Notice of Hearing dated March 12, 2014 and Statement of Allegations of Staff of the Ontario Securities Commission dated March 11, 2014 are available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY JOSÉE TURCOTTE ACTING SECRETARY For media inquiries: [email protected] Carolyn Shaw-Rimmington Manager, Public Affairs 416-593-2361 Aly Vitunski Senior Media Relations Specialist 416-593-8263 Alison Ford Media Relations Specialist 416-593-8307 For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)


March 20, 2014

(2014), 37 OSCB 2835

1.4.3 Pro-Financial Asset Management Inc.


IN THE MATTER OF


AND

IN THE MATTER OF

PRO-FINANCIAL ASSET MANAGEMENT INC. TORONTO – The Commission issued an Order in the above named matter which provides that:

1. The Variation Motion is dismissed. 2. Notwithstanding that the lapse date for

the Pro-Index Funds was previously extended to March 11, 2014, the distribution of securities of the Pro-Index Funds to new investors shall cease as of the end of the day on March 11, 2014.

A copy of the Order dated March 11, 2014 is available at www.osc.gov.on.ca. OFFICE OF THE SECRETARY JOSÉE TURCOTTE ACTING SECRETARY For media inquiries: [email protected] Carolyn Shaw-Rimmington Manager, Public Affairs 416-593-2361 Aly Vitunski Senior Media Relations Specialist 416-593-8263 Alison Ford Media Relations Specialist 416-593-8307 For investor inquiries: OSC Contact Centre 416-593-8314 1-877-785-1555 (Toll Free)


March 20, 2014

(2014), 37 OSCB 2836

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March 20, 2014

(2014), 37 OSCB 2837

Chapter 2

Decisions, Orders and Rulings 2.1 Decisions 2.1.1 Corus Entertainment Inc. Headnote National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – filer made three acquisitions considered to be “acquisitions of related businesses” – one acquisition considered to be immaterial relative to the other two acquisitions – filer requests exemption from the requirement to include separate financial statements for each related business in the filing of a business acquisition report (BAR) – it is impractical to prepare the relevant financial statement disclosure for the immaterial acquisition – filer granted relief to include alternative financial information regarding the least significant related business. Applicable Legislative Provisions National Instrument 51-102 Continuous Disclosure

Obligations, ss. 8.4, 13.1.

March 7, 2014

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

CORUS ENTERTAINMENT INC. (the Filer)

DECISION

Background The principal regulator in the Jurisdiction has received an application from the Filer for a decision under the securities legislation of the Jurisdiction of the principal regulator (the Legislation) for relief pursuant to Part 13 of National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) exempting the Filer from the requirements to include in a business acquisition report (BAR), certain financial statements required pursuant to Item 3 of Form 51-102F4 and Section 8.4 of Part 8 of NI 51-102 relating to the Acquisitions (as defined herein), on the condition that

the Filer include in the BAR, the Alternative Financial Statements (as defined herein) in the BAR (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 (the Principal Regulator); 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 in British Columbia, Alberta, Saskatchewan, Mani-toba, Québec, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland (collectively with Ontario, 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. Representations This decision is based on the following facts represented by the Filer: 1. The Filer is a corporation governed by the Canada

Business Corporations Act. 2. The Filer’s head office is located at Corus Quay,

25 Dockside Drive, Toronto, Ontario, M5A 0B5. 3. The Filer is a reporting issuer in each of the

Jurisdictions and is not in default of its reporting issuer obligations under the securities legislation of any of the jurisdictions of Canada.

4. The Filer’s Class B Non-Voting Shares are listed

and posted for trading on the Toronto Stock Exchange under the symbol “CJR.B”.

5. The Filer is a diversified Canadian

communications and entertainment company whose principal business activities are: the operation of radio stations; the operation of specialty television networks, pay television services and conventional television stations; and the Corus content business, which consists of the production and distribution of films and television programs, merchandise licensing, publishing and animation software.

Decisions, Orders and Rulings

March 20, 2014

(2014), 37 OSCB 2838

6. On March 4, 2013, the Filer entered into three separate purchase agreements with Bell Media Inc. (Bell) pursuant to which the Filer agreed to acquire from Bell: (a) the 50% interest in a television network business, TELETOON Canada Inc. (Teletoon and such 50% interest, the Teletoon Interest) that was not already owned by the Filer; (b) a 50% interest in the French-language television specialty channels, Historia and Séries+s.e.n.c. (H&S); and (c) two Ottawa-based broadcasting radio stations known under the call letters CKQB-FM and CJOT-FM (Radio Stations). Each of Teletoon, H&S and the Radio Stations were acquired by Bell as part of its acquisition of Astral Media Inc. (Astral) pursuant to a plan of arrangement transaction (the Bell-Astral Arrangement) that was completed on July 5, 2013, prior to the sale by Bell to the Filer of the various assets described herein.

7. While the Filer had previously held a 50% interest

in Teletoon, it did not historically consolidate the Teletoon financial results for accounting purposes, and began doing so for the first time as of September 1, 2013, following certain changes to the board composition of Teletoon that followed the completion of the Bell-Astral Arrangement.

8. In addition, the Filer entered into a separate

purchase agreement on November 29, 2013, with Shaw Media Inc. (Shaw) to acquire the remaining 50% interest in H&S (together with Teletoon, the Television Businesses, and together with the Radio Stations, the Acquired Assets).

9. On January 1, 2014, the Filer completed its

acquisition of the Television Businesses (collectively, the Television Acquisitions) from Bell and Shaw, for an aggregate purchase price of $526.2 million, subject to certain working capital adjustments.

10. On January 24, 2014, the Filer received approval

by the Canadian Radio-television Telecom-munications Commissions (CRTC) to close the acquisition of the Radio Stations (the Ottawa Radio Acquisition and together with the Television Acquisitions, the Acquisitions). The Filer completed its acquisition of the Radio Stations on January 31, 2014, for an aggregate purchase price of $13.0 million, subject to certain working capital adjustments.

11. On their own, for the purposes of the threshold

being met under the investment test (the Investment Test), the Filer had determined that the consolidated investments in the Television Businesses equalled approximately 24% of the consolidated assets of the Filer based on the most recent audited annual financial statements of the Filer. The consolidated investment of the Filer in the Radio Stations, on its own, equals approxi-mately 0.6% of the consolidated assets of the

Filer, also based on the most recent audited annual financial statements of the Filer. Accord-ingly, the Acquisitions constitute a significant acquisition for the purposes of NI 51-102 and the Filer is required to file a BAR within 75 days of the completion of the Acquisitions pursuant to Section 8.2 of NI 51-102.

12. The Ottawa Radio Acquisition is immaterial

relative to the two other relevant acquired businesses – the purchase price for the Teletoon Interest was $249 million, while the purchase price for H&S in its entirety was $277.2 million, subject in each case to certain working capital adjust-ments. By contrast, the purchase price/investment for the Radio Stations assets is only $13.0 million, representing approximately 2.41% of the combined purchase price of approximately $539.2 million paid for the Acquired Assets as a whole, and 0.6% of the Filer’s consolidated assets of approximately $2.2 billion as of August 31, 2013 (using the last set of audited annual financial statements).

13. The Radio Stations previously formed part of

Astral’s sizable radio business, and the assets comprising the Radio Stations were held in part by Astral Media Radio Inc. and in part by Astral Media Radio, G.P. In order to facilitate the sale of the Radio Stations to the Filer and to break out the specific assets to be acquired by the Filer from the balance of the Astral/Bell radio businesses, Bell had reorganized the assets relevant to the two Radio Stations into 8384851 Canada Inc. (Newco 1) and 8504598 Canada Inc. (Newco 2, and collectively with Newco 1, the Radio Station Newcos), two newly created entities incorporated on May 29, 2013. The assets and liabilities constituting the business of the Radio Stations were transferred from Bell to the Radio Station Newcos on July 4, 2013 (the Ottawa Radio Reorganization). The shares of the Radio Station Newcos were subsequently acquired by the Filer upon the closing of the Ottawa Radio Acquisition on January 31, 2014.

14. The Filer is unable to prepare the required

financial statements for the Radio Stations in accordance with Section 8.4 of NI 51-102 for the following reasons: (a) Stand-alone financial statements of the

Radio Stations have never been pre-pared. The Radio Stations historically did not represent a separate operating segment or reporting unit within either Astral’s or Bell’s radio broadcasting business and indeed represented only a very small discrete portion of the assets of that business.

(b) As part of the Ottawa Radio Reorgani-

zation completed in the context of the


March 20, 2014

(2014), 37 OSCB 2839

Bell-Astral Arrangement, the assets and liabilities comprising the Radio Stations had recently been transferred from Bell to Newco 1 and Newco 2, newly-formed, wholly-owned direct subsidiaries of Bell. Newco 1 and Newco 2 were each formed on May 29, 2013 and have no prior historical financial statements. As such, financial statements would have to be re-created retroactively with no clear basis for presentation.

(c) The Filer understands that, historically,

the reporting of the assets and liabilities of the Radio Stations were generally commingled with the assets and liabilities of the other radio broadcasting assets for Astral/Bell.

15. Pursuant to Section 8.4 of NI 51-102 and Item 3 of

Form 51-102F4, absent the Exemption Sought, the Filer would have been required to include in its BAR for the Acquisitions, the following financial statements: (a) an audited statement of comprehensive

income, a statement of changes in equity and a statement of cash flows for each of Teletoon and H&S, in each case for the year ended August 31, 2013, and an audited statement of financial position for each as at the end of that year;

(b) an audited statement of comprehensive

income, a statement of changes in equity and a statement of cash flows for the Radio Stations, in each case for the transition year from September 1, 2012 and ended July 5, 2013, and an audited statement of financial position as at that date;

(c) an unaudited statement of compre-

hensive income, statement of changes in equity and statement of cash flows for each of Teletoon, H&S and the Radio Stations, in each case for the year ended August 31, 2012, and an unaudited statement of financial position for each as at the end of that year;

(d) an unaudited interim financial report for

each of Teletoon, and H&S for the three month interim period ended November 30, 2013, and an unaudited interim financial report for the comparable period in the preceding financial year;

(e) an unaudited interim financial report for

the Radio Stations for the three month interim period ended December 31, 2013 (no comparative prior period would be

necessary as a result of Section 8.9 of NI 51-102);

(f) a pro forma statement of financial

position of the Filer as at the date of the Filer’s most recent statement of financial position filed, at November 30, 2013, that gives effect, as if they had taken place as at the date of that pro forma statement of financial position, to each of the Acquisitions;

(g) a pro forma income statement of the Filer

that gives effect to the Acquisitions for:

(i) the Filer’s financial year ended August 31, 2013; and

(ii) the Filer’s three month interim

period ended November 30, 2013

as if they had taken place at the

beginning of the 2013 financial year; and

(h) pro forma earnings per share based on

the pro forma financial statements referred to in paragraph (f) above.

16. The Filer is preparing the required financial

information pursuant to Section 8.4 of NI 51-102 and Item 3 of Form 51-102F4 in respect of the Television Acquisitions.

17. The Filer proposes to include the following

alternative financial statements regarding the Radio Stations in the BAR (the Alternative Financial Statements) as a condition of obtaining the requested relief: (a) an unaudited statement of the assets to

be acquired and liabilities to be assumed by the Filer in respect of the Radio Stations as at December 31, 2013; and

(b) an unaudited income statement of the

Radio Stations’ revenues and expenses for a three month period ended December 31, 2013.

18. The Alternative Financial Statements will be

prepared in accordance with accounting policies permitted by International Financial Reporting Standards.

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.


March 20, 2014

(2014), 37 OSCB 2840

The decision of the Principal Regulator under the Legislation is that the Exemption Sought is granted provided that the Filer includes the Alternative Financial Statements in the BAR in respect of the Ottawa Radio Acquisition. “Shannon O’Hearn” Manager, Corporate Finance Ontario Securities Commission

2.1.2 Triangle Petroleum Corporation Headnote National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Application by U.S. issuer for a decision that it is not a reporting issuer – The issuer has de minimis market presence in Canada – the issuer satisfies the criteria set out in CSA Staff Notice 12-307 Applications for a Decision that an Issuer is not a Reporting Issue – 2% de minimis threshold for securities met – Requested relief granted. Applicable Legislative Provisions Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii). Citation: Re Triangle Petroleum Corporation, 2014 ABASC 87

March 7, 2014

IN THE MATTER OF THE SECURITIES LEGISLATION OF BRITISH

COLUMBIA, ALBERTA AND ONTARIO (the Jurisdictions)

AND

IN THE MATTER OF


AND

IN THE MATTER OF

TRIANGLE PETROLEUM CORPORATION (the Filer)

DECISION

Background The securities regulatory authority or regulator in each of the Jurisdictions (Decision Maker) has received an application from the Filer for a decision under the securities legislation of the Jurisdictions (the Legislation) that the Filer be deemed to have ceased to be a reporting issuer under the Legislation (the Exemptive Relief Sought). Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a coordinated review application):

(a) the Alberta Securities Commission is the principal regulator for this application; and

(b) this decision is the decision of the

principal regulator and evidences the decision of each other Decision Maker.


March 20, 2014

(2014), 37 OSCB 2841

Interpretation Terms defined in National Instrument 14-101 Definitions have the same meaning if used in this decision, unless otherwise defined herein. Representations This decision is based on the following facts represented by the Filer: 1. The Filer is a corporation incorporated under the

laws of Delaware. The Filer's head office is located at 1200 17th Street, Suite 2600 Denver, Colorado 80202.

2. The Filer is a reporting issuer in each of the

Jurisdictions and is not in default of the securities legislation in any jurisdiction in Canada.

3. The only securities of the Filer held by the public

are its shares of common stock. In order to determine the number of shares of common stock of the Filer beneficially owned directly by persons with addresses in Canada, the Filer obtained and reviewed: (a) a registered shareholders list from Con-

tinental Stock Transfer & Trust Company, the registrar and transfer agent of the Filer;

(b) a Canadian geographical survey con-

ducted by Broadridge Financial Solutions Inc. (Broadridge), which included a detailed breakdown of brokers and banks that responded to the survey;

(c) a Security Position Report from The

Depository Trust Company (DTC) against which the Broadridge Canadian geo-graphical survey was compared; and

(d) reports from INVeSHARE Inc., Proxy-

Trust, Mediant Communications LLC and Foliofn Inc. confirming that no shares of common stock were beneficially held by Canadians.

Following such review, where the Filer noted discrepancies between the Broadridge Canadian geographical survey and the DTC Security Position Report, it followed up with all DTC listed brokers/banks with Canadian addresses and other brokers/banks with significant discrepancies in order to determine whether the unreported shares in the Broadridge Canadian geographical survey were beneficially held by Canadians. All shares held by CDS Inc. in the DTC report were assumed to be beneficially held by Canadians, as a result no reports were requested from CDS Inc. as the results of any such reports would not change the conclusions noted below. All other brokers/banks

with Canadian addresses provided the Filer with Canadian beneficial holding information for their unreported shares. While most non-Canadian brokers/banks contacted by the Filer confirmed that no shares were beneficially held by Canadians, certain brokers/banks with US addresses were unwilling or unable to respond to the Filer's inquiries due to their internal policies respecting the disclosure of such information. Consequently, as no contrary information is available, the Filer has assumed that those US brokers/banks that were unwilling or unable to respond hold shares of common stock only on behalf of US beneficial holders. Based on the information and diligent inquiries set out above: (i) as at October 3, 2013, the total amount

of common stock held by a total of 472 residents of Canada was 1,523,399 shares (representing 1.78% of the total number of outstanding shares world-wide), and such 472 Canadian resident stockholders represents approximately 1.32% of the total number of 35,759 stockholders of the Filer;

(ii) on a fully diluted basis to account for an

in-the-money convertible note held by a US investor (convertible into 16,094,243 shares), only 1.50% of outstanding shares are held by residents of Canada; and

(iii) residents of Canada do not, directly or

indirectly: (a) beneficially own more than 2% of any class or series of outstanding securities of the Filer worldwide; or (b) comprise more than 2% of the total number of securityholders of the Filer worldwide.

4. The Filer files continuous disclosure reports under

U.S. securities law and is listed on the NYSE MKT.

5. None of the Filer’s securities are listed, traded or

quoted on a marketplace in Canada as defined in National Instrument 21-101 Marketplace Opera-tion, and the Filer does not intend to have its securities listed, traded or quoted on such a marketplace in Canada.

6. In the last 12 months the Filer has not taken any

steps that indicate there is a market for its securities in Canada and the Filer has no intention to seek financing by way of a prospectus offering or private placement of its securities in Canada.

7. The Filer has issued a news release stating that it

has made application for a decision that it is not a reporting issuer in Canada and that, if that


March 20, 2014

(2014), 37 OSCB 2842

decision is made, the Filer will no longer be a reporting issuer in any jurisdiction in Canada.

8. The Filer undertakes to concurrently deliver to its

Canadian securityholders, all disclosure the Filer would be required under U.S. securities law or exchange requirements to deliver to U.S. resident securityholders.

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. The decision of the Decision Makers under the Legislation is that the Exemptive Relief Sought is granted. "Denise Weeres" Manager, Legal Corporate Finance

2.1.3 Novik Inc. – s. 1(10)(a)(ii) Headnote National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – application for an order that the issuer is not a reporting issuer. Applicable Legislative Provisions Securities Act,R.S.O. 1990, c.S.5, as am., ss.1(10)(a)(ii). March 17, 2014 Blake, Cassels & Graydon LLP 600 de Maisonneuve Boulevard West, suite 2200 Montréal (QC) H3A 3J2 Canada Attention: Jean Tessier Dear Mr. Tessier: Re: Novik Inc. (the “Applicant”)

Application for a decision under the securities legislation of Alberta, Manitoba, Ontario and Québec (the “Jurisdictions”) that the Applicant is not a reporting issuer

The Applicant has applied to the local securities regulatory authority or regulator (the “Decision Maker”) in each of the Jurisdictions for a decision under the securities legislation (the “Legislation”) of the Jurisdictions that the Applicant is not a reporting issuer. In this decision, “securityholder” means, for a security, the beneficial owner of the security. The Applicant has represented to the Decision Makers that:

(a) the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 securityholders in total worldwide;

(b) no securities of the Applicant, including

debt securities, are traded in Canada or another country on a marketplace as defined in Regulation 21-101 respecting Marketplace Operation or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported;

(c) the Applicant is applying for a decision

that it is not a reporting issuer in all of the jurisdictions of Canada in which it is currently a reporting issuer; and


March 20, 2014

(2014), 37 OSCB 2843

(d) the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer.

Each of the Decision Makers is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been met and orders that the Applicant’s status as a reporting issuer is revoked. "Martin Latulippe" Director, Continuous Disclosure Autorité des marchés financiers

2.1.4 Sun Life Investment Management Inc. Headnote Mutual Reliance Review System for Exemptive Relief Applications – Relief granted to permit portfolio manager, on behalf of two new funds, to purchase and sell mortgages and debt securities from and to affiliates of the portfolio manager – relief granted subject to various representations and conditions including funds will only be sold to permitted clients, IRC approval and an independent valuation. Applicable Legislative Provisions NI 31-103 Registration Requirements, Exemptions and

Ongoing Registrant Obligations, s. 13.5(2)(b).

February 24, 2014


ONTARIO (the Jurisdiction)

AND

IN THE MATTER OF


AND

IN THE MATTER OF

SUN LIFE INVESTMENT MANAGEMENT INC. (the Filer)

DECISION

Background The principal regulator in the Jurisdiction has received an application from the Filer for a decision under the securities legislation of the Jurisdiction (the Legislation) exempting the Filer from section 13.5(2)(b) of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) to permit the Funds (as defined below) to purchase or sell a security from or to the investment portfolio of a “responsible person”, as such term is defined in NI 31-103 and as further described below (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 each of the other


March 20, 2014

(2014), 37 OSCB 2844

provinces and territories of Canada (together with Ontario, the Jurisdic-tions).

Interpretation Defined terms contained in National Instrument 14-101 Definitions have the same meaning 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 incorporated under the

laws of Canada with its head office in Toronto, Ontario. The Filer is an indirect, wholly-owned subsidiary of Sun Life Financial Inc., a company the shares of which are listed on, among others, the Toronto Stock Exchange.

2. Sun Life Assurance Company of Canada (SLA) is

an insurance company authorized to carry on business under the Insurance Companies Act (Canada) and regulated by the Office of the Superintendent of Financial Institutions (OSFI). SLA is a wholly-owned subsidiary of Sun Life Financial Inc. (SLF) and accordingly is an affiliate of the Filer.

3. The Filer is registered as an investment fund

manager, portfolio manager and exempt market dealer in each province and territory of Canada.

4. Two limited partnerships, Sun Life Canadian

Commercial Mortgage Fund (the Mortgage Fund) and Sun Life Private Fixed Income Plus Fund (the PFI Fund), have been established under the laws of the Jurisdiction (the Mortgage Fund and the PFI Fund are each referred to as a Fund and collectively referred to as the Funds). Securities of each of the Mortgage Fund and the PFI Fund will be sold, pursuant to available exemptions from the prospectus requirements, only to investors who are “permitted clients” as such term is defined in NI 31-103, other than those described in paragraph (k) of the definition, unless the client of the managed account is otherwise a permitted client.

5. The Filer will be the investment fund manager and

portfolio adviser for each Fund. 6. None of the Filer, the Mortgage Fund or the PFI

Fund is in default of securities legislation in the Jurisdiction.

7. The Mortgage Fund will seek to provide income

while preserving capital over the long term by investing primarily in a portfolio of first mortgage loans and construction financing loans secured by properties located in Canada.

8. The Mortgage Fund will seek to invest in mortgage loans secured by properties located in growing metropolitan areas (typically with populations in excess of 100,000) and to qualified, financially-strong borrowers with expertise in the ownership, management and operation of commercial real estate and/or multi-family rental properties. The mortgage loans will be diversified by geographic region and by property type.

9. In addition, the Mortgage Fund may invest in a

limited portfolio of variable-rate construction loans secured by mortgages on lands being serviced for residential or commercial development or to provide financing for the construction of single family, condominium or commercial development. Such construction lending will focus on small to medium scale developments in markets with strong housing demand and on experienced land, housing and condominium developers.

10. Except for mortgages insured by Canada

Mortgage and Housing Corporation (or another corporation with a similar function that may be established by a statute of Canada or of a province or territory in Canada from time to time) (CMHC), each mortgage that will be purchased by the Mortgage Fund from SLA will not exceed 75% of the appraised value of the underlying real property at the time of investment. Each mortgage insured by CMHC will not exceed 85% of the appraised value of the underlying real property at the time of investment.

11. The PFI Fund will seek to achieve total return by

providing income, while preserving capital over the long term, by investing primarily in a diverse portfolio of private and public fixed income assets. The private fixed income assets will include long-term debt financing for power projects such as hydro, wind, co-generation and solar, as well as public private partnerships (P3) infrastructure projects including hospitals, bridges, roads, detention facilities, court houses and public transit systems; senior secured and unsecured loans to high credit quality large corporate borrowers; investments secured by marquee or key strategic real estate assets often not financed through traditional mortgage structures; senior loans to mid-market companies which generally do not access the public debt markets; and investments in securitized lease/loan obligations supported by diversified pools of assets such as manufacturing equipment and transportation assets. The PFI Fund will invest in private fixed income assets from a diverse range of geographic locations including Canada, the United States, the United Kingdom and Australia. The PFI Fund will also invest in a wide range of securities available in public debt markets to seek to achieve positive active returns, neutralize exposure to unintended risks, enhance liquidity and manage the Fund’s duration.


March 20, 2014

(2014), 37 OSCB 2845

12. It is expected that approximately 50% to 90% of the PFI Fund’s portfolio will comprise of PFI Securities (as defined below) at any given time.

13. A portion of the investments in each Fund’s initial

portfolio will be purchased from SLA at the Fund’s inception. From time to time thereafter, each Fund may purchase or sell securities from or to SLA. In exchange for the purchase of such investments from SLA, the Fund will issue units to SLA (an In-Specie Transaction), and/or the parties will satisfy the price of the purchase in cash (a Principal Trade). Where a Fund is selling securities to SLA, the parties will satisfy the purchase price by way of a Principal Trade.

14. The assets that the Mortgage Fund will purchase

from or sell to SLA will include mortgages. The mortgages will be originated by third-parties, SLA or the Mortgage Fund.

15. The assets that the PFI Fund will purchase from or

sell to SLA will include private debt securities (PFI Securities) and loans (or a portion of a loan) originated by third-parties, SLA or the PFI Fund.

16. From time to time, the Mortgage Fund and the PFI

Fund may invest in the same securities as SLA or affiliates of SLA.

17. The seed capital of the Mortgage Fund will consist

of an investment by SLF and an investment by SLA. The Mortgage Fund will issue units to SLF in exchange for cash. The Mortgage Fund will purchase mortgages from SLA and a portion of the purchase price will be satisfied by way of an In-Specie Transaction and a portion of the purchase price will be satisfied by way of a Principal Trade. As a result of the In-Specie Transaction, SLA will own, directly or indirectly, approximately 45% of the issued and outstanding units of the Mortgage Fund at the Fund’s inception (the other 55% being owned by SLF as a result of SLF’s investment).

18. The seed capital of the PFI Fund will consist of an

investment by SLF. The PFI Fund will issue units to SLF in exchange for cash. The PFI Fund will purchase private fixed income assets including PFI Securities from SLA and the purchase price will be satisfied by way of a Principal Trade. As the purchase of portfolio securities from SLA by the PFI Fund is not done by way of an In-Specie Transaction, SLA will not own any units of the PFI Fund at the Fund’s inception.

19. There is a limited supply of PFI Securities and

mortgages available to the Funds in the open market, and frequently the only source or buyer of PFI Securities and mortgages may be SLA. SLA has relatively large teams of professionals involved in the origination and sourcing of mortgages and private loans. Based on market

information, SLA has a relatively sizable market share in each of the mortgage and private fixed income markets. The Filer believes that permitting the Mortgage Fund and the PFI Fund to purchase mortgages and PFI Securities, respectively, from SLA will allow the Funds to access investments that they may not be otherwise able to access in the market, and in a manner that will be efficient for the Funds, and permitting the Funds to sell mortgages and PFI Securities, respectively, to SLA will provide liquidity for the Funds.

20. Certain individuals who participate in the

management of the proprietary portfolio of SLA are portfolio managers of the Filer and will be involved in managing the portfolios of the Funds. Accordingly, SLA will have access to investment decisions made on behalf of a client of the Filer or advice given to a client of the Filer and therefore is a “responsible person” as defined in section 13.5(1) of NI 31-103.

21. Absent the Exemption Sought, the Filer is

prohibited by section 13.5(2)(b) of NI 31-103 from causing the Funds to purchase or sell securities from or to SLA.

22. Each of the Filer and SLA will have policies and

procedures in place to address any potential conflicts of interest that may arise as a result of any purchase or sale of securities between the Funds and SLA and each of the Filer and SLA will be able to appropriately deal with any such conflicts.

23. Each Fund will only purchase securities from SLA

that are consistent with, or necessary to meet, the Fund’s investment objectives. Each Fund will only sell securities to SLA if the Filer has determined that disposing of such securities is appropriate for the Fund.

24. All decisions to purchase or sell securities on

behalf of each Fund’s portfolio from or to SLA will be made based on the judgment of responsible persons uninfluenced by considerations other than the best interests of the Fund.

25. Securities sold by SLA to each Fund will only be

those that are permitted to be owned by a life insurance company under the Insurance Companies Act (Canada) (the Insurance Act) and the regulations and rules thereunder. The Insurance Act requires that the directors of an insurance company establish and the company adhere to investment and lending policies, standards and procedures that a reasonable and prudent person would apply in respect of a portfolio of investments and loans to avoid undue risk of loss and obtain a reasonable return. There are also specific statutory and regulatory constraints such as aggregate limits for various categories of investments based on prudential


March 20, 2014

(2014), 37 OSCB 2846

principles and restrictions on the types of businesses in which life insurance companies can invest.

26. The Filer, on behalf of each Fund, intends to

establish an independent review committee (the IRC) consistent with section 3.7 of National Instrument 81-107 (NI 81-107). The IRC of each Fund will be expected to comply with the standard of care set out in section 3.9 of NI 81-107 as if each Fund were subject to that rule.

27. The Filer will refer the In-Specie Transactions and

Principal Trades between SLA and a Fund to the IRC of such Fund.

28. Prior to a Fund making a purchase or sale of

securities from or to SLA:

(a) The IRC of the Fund will approve the transaction in accordance with section 5.2(2) of NI 81-107;

(b) The Filer will comply with section 5.1 of

NI 81-107; and (c) The Filer and the IRC of the Fund will

comply with section 5.4 of NI 81-107 for any standing instructions the IRC provides in connection with the transaction.

29. A description of each mortgage held in the

Mortgage Fund’s portfolio will be available to an investor or a prospective investor from the Filer, upon request and conditional upon the investor or prospective investor agreeing to treat such information as confidential.

30. The Mortgage Fund will purchase mortgages at an

amount determined in accordance with section III(2)(2.4) of National Policy Statement 29 Mutual Funds Investing in Mortgages (NP 29) as if the Mortgage Fund were subject to that policy.

31. The Mortgage Fund will value the mortgages in its

portfolio in accordance with section III(2)(2.5) of NP 29 as if the Mortgage Fund were subject to that policy. So long as it is consistent with NP 29, the Mortgage Fund intends to determine the value of each mortgage by discounting the expected future cash flows using a current market interest rate applicable to financial instruments with similar yield, credit quality and maturity characteristics as the mortgage. Valuation inputs typically include yields on benchmark government bonds and risk-adjusted spreads from current lending activities or loan issuances.

32. The Filer expects that with respect to the

mortgages that will be transferred from SLA to the Mortgage Fund, there will generally be observable and comparable market prices.

33. An independent and reputable valuation firm that is an accounting firm registered with the Canadian Public Accountability Board (CPAB) and the valuation services of which are provided by professionals who are active members of the Canadian Institute of Chartered Business Valuators will be retained for the Mortgage Fund to (i) provide a valuation opinion as to the value of the mortgages transferred from SLA to the Mortgage Fund that will form part of the Mortgage Fund’s initial portfolio; and (ii) review the models and methodologies developed and used by the Filer to determine the value attributed to the mortgages. The Filer will rely upon such valuation opinion at the time of the sale of mortgages to the initial portfolio of the Mortgage Fund and will continue to use such valuation models and methodologies to determine the price(s) at which mortgages will be purchased from or sold by the Mortgage Fund.

34. A public accounting firm that is registered with

CPAB will be retained to act as auditor of the Mortgage Fund and will carry out an audit, in accordance with Canadian generally accepted auditing standards, of the annual financial statements of the Mortgage Fund. The annual financial statements will be prepared in accordance with International Financial Reporting Standards (IFRS). The financial statements will present the mortgages at fair value as defined in IFRS 13 Fair Value Measurement, as the same may be amended or replaced from time to time, which sets out a framework for measuring fair value.

35. A description of the general characteristics (such

as issuer description, industry, maturity date and indicative yield) of each PFI Security held in the PFI Fund’s portfolio will be available to an investor or a prospective investor from the Filer, upon request and conditional upon the investor or prospective investor agreeing to treat such information as confidential.

36. The PFI Securities to be purchased or sold by the

PFI Fund from or to SLA will be securities that SLA determines to be of investment grade in accordance with SLA’s internal policies and procedures for the purpose of SLA’s proprietary account (SLA Credit Rating Policies).

37. Currently, under the SLA Credit Rating Policies,

PFI Securities are rated using scorecards which combine probability of default and loss given default to arrive at a credit risk rating. The rating, expressed using a point scale consistent with those used by external rating agencies, is based on detailed examination of the borrower’s or issuer’s credit quality and the characteristics of the specific instrument. The probability of default assessment is based on borrower-level or issuer-level analysis, which encompasses an assess-


March 20, 2014

(2014), 37 OSCB 2847

ment of industry risk, business strategy, competitiveness, strength of management, and other financial information. The loss given default assessment is based on instrument-level analysis, which considers the impact of guarantees, covenants, liquidity and other structural features. Under the SLA Credit Rating Policies, the ratings determined cannot be higher than the highest rating provided by nationally recognized statistical rating organizations on assets with similar credit quality and risk characteristics.

38. The Filer has developed a methodology to value

PFI Securities. Currently, the methodology involves using one of the following approaches for valuing each PFI Security:

(a) Use of an observed external market

spread (if one exists) (First Category); (b) If paragraph (a) above does not apply for

a particular PFI Security, the Filer will use the observed credit spread of an externally priced comparable private fixed income asset of similar, or appropriately adjusted, average life, sector and credit risk (the Private Comparable) to serve as the basis for the credit spread for the PFI Security. The yield used for valuing the PFI Security will be a function of (i) the credit spread of the Private Comparable adjusted for illiquidity and other relevant factors, plus (ii) the interpolated risk-free yield for a term equal to the average life of the PFI Security. This yield will be used by the Filer to discount the cash flows of the PFI Security to establish its fair value (Second Category);

(c) If paragraph (b) above does not apply for

a particular PFI Security, the Filer will use the observed credit spread of a externally priced comparable public fixed income asset of similar, or appropriately adjusted, average life, sector and credit risk (the Public Comparable) to serve as the basis for credit spread for the PFI Security. The yield used for valuing the PFI Security will be a function of (i) credit spread of the Public Comparable adjusted for illiquidity and other relevant factors, plus (ii) the interpolated risk-free yield for a term equal to the average life of the PFI Security. This yield will be used by the Filer to discount the cash flows of the PFI Security to establish its fair value (Third Category); and

(d) If paragraph (c) above does not apply for

a particular PFI Security, the Filer will use the Private Placement Comparable Index (PPCI) matrix spreads maintained by

SLA to serve as the basis for credit spread changes for the PFI Security held in the PFI Fund. SLA maintains the PPCI matrix which is a record of public bond spreads for different terms to maturity and credit ratings. The yield used for valuing the PFI Security will be a function of (i) its initial credit spread, plus (ii) changes in the credit spread for the relevant reference point in the matrix for the applicable average life and credit rating, plus (iii) the interpolated risk-free yield for a term equal to the average life of the PFI Security. This yield will be used by the Filer to discount the cash flows of the PFI Security to establish its fair value (Fourth Category). Notwithstanding the foregoing, if a PFI Security that falls under the Fourth Category has a floating rate of interest, the value of such PFI Security will be determined by assigning a value to such security equal to par (its face amount), unless such PFI Security exhibits credit deterioration that warrants a reduction in its value.

39. The Filer will retain SLA to complete and maintain

a standard template for each PFI Security that will be transferred to the PFI Fund from SLA. This template will record key information such as the maturity date, credit rating, average life, and other relevant quantitative or qualitative features. It will also record the key information for valuing the PFI Securities, such as, for PFI Securities valued under the Second Category and Third Category, comparable public or private assets along with differences between those assets (such as geography, credit quality, project lifecycle, or breadth of deal participation) versus the PFI Securities, and for PFI Securities valued under the Fourth Category, the initial spread over the PPCI matrix. This information will be reviewed monthly by the Filer’s Valuation Team, and any relevant changes (i.e. a credit rating change) will be updated as required.

40. The Filer will establish a Valuation Committee to

provide oversight to the valuation process, models and methodology and to approve the PFI Fund’s asset valuations. The Valuation Committee will consist of members that are independent of the portfolio management team of the Filer, and will include the Chief Financial Officer, Chief Operating Officer, Chief Compliance Officer, and Senior Managing Director, Investments Strategic Research and Initiatives (or another executive performing a similar function) of the Filer. The Valuation Committee will approve the pricing methodology used for new and existing assets in the PFI Fund and approve any changes to the valuation methodology to be applied to assets in the PFI Fund. Recommendations for changes to


March 20, 2014

(2014), 37 OSCB 2848

the valuation methodology or for valuation assumptions on assets of the PFI Fund will be provided to the committee jointly by the Filer’s Valuation Team and SLA’s PFI team. The Valuation Committee will provide a forum to discuss any idiosyncratic assets and valuation assumptions to ensure that the value attributed to each asset in the PFI Fund is fair and reasonable.

41. An independent and reputable valuation firm that

is an accounting firm registered with CPAB and the valuation services of which are provided by professionals who are active members of the Canadian Institute of Chartered Business Valuators will be retained for the PFI Fund to (i) provide a valuation opinion as to the value of the PFI Securities in the initial portfolio; and (ii) review whether the models and methodologies developed and used by the Filer to determine the value attributed to the PFI Securities are fair and reasonable from the perspective of an independent third party. The Filer will rely upon such valuation opinion at the time of the sale of PFI Securities to the initial portfolio of the PFI Fund and will continue to use such valuation models and methodologies to determine the price(s) at which PFI Securities will be purchased from or sold by the PFI Fund. In addition, an independent and reputable valuation firm that is an accounting firm registered with CPAB and the valuation services of which are provided by professionals who are active members of the Canadian Institute of Chartered Business Valuators will be retained to review whether the models and methodologies developed, amended (if applicable) and used by the Filer to determine the value attributed to the PFI Securities continue to be fair and reasonable from the perspective of an independent third party on an annual basis.


CPAB will be retained to act as auditor of the PFI Fund and will carry out an audit, in accordance with Canadian generally accepted auditing standards, of the annual financial statements of the PFI Fund. The annual financial statements will be prepared in accordance with IFRS. The financial statements will present the PFI Securities and any publicly-traded fixed income securities at their fair values, which will be determined based on all applicable fair valuation principles set out in IFRS 13 Fair Value Measurement, as the same may be amended or replaced from time to time. These principles will consider the credit spreads and yields used by market participants in the fair market valuation of private debt securities and other market value influencing assumptions, to the extent that such information is publicly available, as well as other information considered to be relevant by the Filer.

43. Based on existing information and interpretation

on fair value measurements under IFRS, the Filer

expects that, under normal market conditions, PFI Securities that are valued under the First Category, Second Category and Third Category would be treated as Level II fair value under IFRS and the PFI Securities that are valued under the Fourth Category would be treated as Level III fair value under IFRS.

44. Each Fund will value portfolio securities under an

In-Specie Transaction using the same values to be used to calculate the net asset value for the purpose of the issue price or redemption price of the units of the Fund.

45. None of the securities which will be the subject of

an In-Specie Transaction or Principal Trade will be securities of an issuer that is a related party of the Filer.

46. The Filer will receive no remuneration with respect

to any purchase or sale of securities between a Fund and SLA, and with respect to the delivery of securities, the only expenses which will be incurred by a Fund will be nominal administrative charges levied by the custodian and/or recordkeeper of the Fund for recording the trades and/or any charges by a dealer in transferring the securities, if applicable. In the case of syndicated PFI Securities in the PFI Fund, an agent bank may charge the PFI Fund nominal fees for the transfer or assignment of such syndicated PFI Securities.

47. For each purchase or sale of securities from or to

SLA, each Fund will keep written records in a financial year of the Fund. These records will reflect details of the securities received or delivered by the Fund and the value assigned to such securities. These records will be retained for five years after the end of the financial year, the most recent two years in a reasonably accessible place.

48. The Filer will disclose to each investor in the

Mortgage Fund and the PFI Fund the fact that securities were transferred from SLA to the Fund at the Fund’s inception and that further purchases and sale of securities between the Fund and SLA may occur from time to time. The Filer will also disclose how the price of such securities is determined and the valuation procedure for such securities.

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:


March 20, 2014

(2014), 37 OSCB 2849

1. Securities of each Fund are sold pursuant to available exemptions from the prospectus requirements, only to investors who are “permitted clients” as such term is defined in NI 31-103, other than those described in paragraph (k) of the definition, unless the client of the managed account is otherwise a permitted client.

2. With respect to the mortgages to be purchased or

sold by the Mortgage Fund from or to SLA: (a) The mortgages are purchased and sold

at an amount determined in accordance with section III(2.4) of NP 29; and

(b) The mortgages are valued in accordance

with section III(2.5) of NP 29.

3. An independent and reputable valuation firm that is an accounting firm registered with CPAB and the valuation services of which are provided by professionals who are active members of the Canadian Institute of Chartered Business Valuators is retained for the Mortgage Fund to (i) provide a valuation opinion as to the value of the mortgages transferred from SLA to the Mortgage Fund that will form part of the Mortgage Fund’s initial portfolio; and (ii) review the models and methodologies developed and used by the Filer to determine the value attributed to the mortgages.


CPAB is retained to act as auditor of the Mortgage Fund and carry out an audit, in accordance with Canadian generally accepted auditing standards, of the annual financial statements of the Mortgage Fund. The annual financial statements are prepared in accordance with IFRS and present the mortgages at fair value as defined in IFRS 13 Fair Value Measurement, which sets out a framework for measuring fair value.

5. The PFI Securities to be purchased or sold by the

PFI Fund from or to SLA are valued in accordance with the valuation methodology developed by the Filer and as reviewed by an independent valuation firm on an annual basis.

6. An independent and reputable valuation firm that

is an accounting firm registered with CPAB and the valuation services of which are provided by professionals who are active members of the Canadian Institute of Chartered Business Valuators is retained for the PFI Fund to (i) provide a fairness opinion as to the value of the PFI Securities in the initial portfolio; and (ii) review whether the models and methodologies developed and used by the Filer to determine the value attributed to the PFI Securities are fair and reasonable from the perspective of an independent third party. The Filer relies upon such fairness opinion at the time of the sale of PFI Securities to the initial portfolio of the PFI Fund

and continues to use such valuation models and methodologies to determine the price(s) at which PFI Securities are purchased from or sold by the PFI Fund. In addition, an independent and reputable valuation firm that is an accounting firm registered with CPAB and the valuation services of which are provided by professionals who are active members of the Canadian Institute of Chartered Business Valuators is retained to review whether the models and methodologies developed, amended (if applicable) and used by the Filer to determine the value attributed to the PFI Securities continue to be fair and reasonable from the perspective of an independent third party on an annual basis.


CPAB is retained to act as auditor of the PFI Fund and carries out an audit, in accordance with Canadian generally accepted auditing standards, of the annual financial statements of the PFI Fund and the annual financial statements are prepared in accordance with IFRS. The financial statements present the PFI Securities and any publicly-traded fixed income securities at their fair values, determined based on all applicable fair valuation principles set out in IFRS 13 Fair Value Measurement. The principles consider the credit spreads and yields used by market participants in the fair market valuation of private debt securities and other market value influencing assumptions, to the extent that such information is publicly available, as well as other information considered to be relevant by the Filer.

8. Not more than approximately 27% of the initial net

asset value of the PFI Fund, and not more than approximately 40% of the initial net asset value of the PFI Securities transferred from SLA to the PFI Fund in the initial portfolio, will consist of PFI Securities valued under the Fourth Category.

9. The PFI Fund shall not purchase PFI Securities on

an on-going basis from SLA if, after the purchase, more than 20% of the net asset value of the PFI Fund would consist of PFI Securities that were purchased from SLA on an on-going basis and valued under the Fourth Category (but excluding such PFI Securities that were purchased from SLA at the Fund’s inception).

10. With respect to the amount of PFI Securities

valued under the Fourth Category that the PFI Fund may sell to SLA, the PFI Fund shall be limited to selling only 20% of the net asset value of such PFI Securities in each calendar year, where such 20% limit may be allocated to one or more sales in the year and the net asset value of such PFI Securities shall be by reference to the net asset value at the time of sale.

11. For each sale or purchase of securities between a

Fund and SLA:


March 20, 2014

(2014), 37 OSCB 2850

(a) The Fund will only purchase securities from SLA that are consistent with, or necessary to meet, the Fund’s investment objectives;

(b) The IRC of the Fund has approved the

transaction in accordance with section 5.2(2) of NI 81-107;

(c) The Filer complies with section 5.1 of NI

81-107; (d) The Filer and the IRC of the Fund comply

with section 5.4 of NI 81-107 for any standing instructions the IRC provides in connection with the transaction;

(e) The Filer receives no remuneration with

respect to the purchase or sale. With respect to the delivery of securities, the only expenses incurred by a Fund are nominal administrative charges levied by the custodian and/or recordkeeper of the Fund for recording the trades and/or any charges by a dealer in transferring the securities, if applicable, and, in the case of syndicated PFI Securities in the PFI Fund, the nominal fees charged by an agent bank for the transfer or assignment of such syndicated PFI Securities;

(f) The Fund keeps written records in a

financial year of the Fund. The records reflect details of the securities received or delivered by the Fund and the value assigned to such securities and are retained for five years after the end of the financial year, the most recent two years in a reasonably accessible place; and

(g) The Filer discloses to each investor in the

Mortgage Fund and the PFI Fund the fact that securities were transferred from SLA to the Fund at the Fund’s inception and that further purchases and sale of securities between the Fund and SLA may occur from time to time. The Filer also discloses how the price of such securities is determined and the valuation procedure for such securities.

12. In respect of each In-Specie Transaction:

(a) The Fund values portfolio securities under the transaction using the same values used by the Fund to calculate the net asset value for the purpose of the issue price or redemption price of the units of the Fund; and

(b) None of the securities in the transaction

are securities of an issuer that is a related party of the Filer.

“Raymond Chan" Manager, Investment Funds Branch Ontario Securities Commission


March 20, 2014

(2014), 37 OSCB 2851

2.1.5 Atrium Innovations Inc. – s. 1(10) Headnote National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – application for an order that the issuer is not a reporting issuer. Ontario Statutes Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10). March 14, 2014 Atrium Innovations Inc. Place Alexis-Nihon, Tower 2 3500 De Maisonneuve Boulevard West Suite 2405 Westmount (Québec) H3Z 3C1 Dear Sirs/Ms.: Re: Atrium Innovations Inc. (the Applicant) –

application for a decision under the securities legislation of Alberta, Manitoba, Saskatch-ewan, Ontario, Québec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador and Yukon (the “Jurisdictions”) that the Applicant is not a reporting issuer


(a) the outstanding securities of the Appli-cant, including debt securities, are bene-ficially owned, directly or indirectly, by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 securityholders in total world-wide;

(b) no securities of the Applicant, including

debt securities, are traded in Canada or another country on a marketplace as defined in Regulation 21-101 respecting Marketplace Operation or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported;

(c) he Applicant is applying for a decision


(d) the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer.

Each of the Decision Makers is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been met and orders that the Applicant’s status as a reporting issuer is revoked. “Martin Latulippe” Director, Continuous Disclosure Autorité des marchés financiers


March 20, 2014

(2014), 37 OSCB 2852

2.1.6 Alliance Pipeline Limited Partnership Headnote National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards (NI 52-107), s. 5.1 – the Filer requests relief from the requirements under section 3.2 of NI 52-107 that financial statements be prepared in accordance with Canadian GAAP applicable to publicly accountable enterprises in order to permit the Filer to prepare its financial statements in accordance with U.S. GAAP – revocation or variation of decision – Filer requests to have conditions in existing decision replaced with revised conditions – existing decision revoked – requested relief granted. Applicable Legislative Provisions National Instrument 52-107 Acceptable Accounting Principles and Auditing Standard, s. 5.1. Securities Act, R.S.O. 1990, c. S.5, as am., s. 144 – Revocation or variation of decision. Citation: Re Alliance Pipeline Limited Partnership, 2014 ABASC 93

March 14, 2014


ALBERTA AND ONTARIO (the Jurisdictions)

AND

IN THE MATTER OF


AND

IN THE MATTER OF ALLIANCE PIPELINE LIMITED PARTNERSHIP

(the Filer)

DECISION Background The securities regulatory authority or regulator in each of the Jurisdictions (the Decision Maker) has received an application from the Filer under the securities legislation (the Legislation) of the Jurisdictions seeking exemption (the Exemption Sought) from the requirements of section 3.2 of National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards (NI 52-107) that financial statements (a) be prepared in accordance with Canadian GAAP applicable to publicly accountable enterprises and (b) disclose an unreserved statement of compliance with IFRS in the case of annual financial statements and an unreserved statement of compliance with IAS 34 in the case of an interim financial report. Under the Process for Exemptive Relief Applications in Multiple Jurisdictions (for a dual application):

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

102) is intended to be relied upon in British Columbia, Saskatchewan, Manitoba, Québec, New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador (the Passport Jurisdictions); and

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

authority or regulator in Ontario.


March 20, 2014

(2014), 37 OSCB 2853

Interpretation In this decision:

(a) unless otherwise defined herein, terms defined in National Instrument 14-101 Definitions, MI 11-102 or NI 52-107 have the same meaning; and

(b) "activities subject to rate regulation" has the meaning ascribed in the Handbook at the date hereof.

Representations This decision is based on the following facts represented by the Filer: 1. The Filer is a limited partnership formed under the laws of Alberta on February 1, 1996 and managed by Alliance

Pipeline Ltd. 2. The Filer's head office is located in Calgary, Alberta. 3. The Filer is a reporting issuer or equivalent in each of the Jurisdictions and in each of the Passport Jurisdictions. 4. The Filer has issued non-convertible debt to the public in the form of senior secured and unsecured notes and the

holders of these notes are the only public holders of securities of the Filer. 5. The Filer is not in default of securities legislation in any jurisdiction in Canada. 6. The Filer has activities subject to rate regulation. 7. The Filer is not an SEC issuer and, therefore, cannot rely on section 3.7 of NI 52-107 to file financial statements

prepared in accordance with U.S. GAAP. 8. By order cited as Re Alliance Pipeline Limited Partnership 2011 ABASC 335, the Filer has been granted relief

substantially similar to the Exemption Sought (the Existing Relief). 9. The Existing Relief will expire not later than 1 January 2015. 10. The International Accounting Standards Board (IASB) continues to work on a project focusing on accounting specific to

activities subject to rate regulation. It is not yet known when this project will be completed or whether IFRS will include a specific standard that is mandatory for entities with activities subject to rate regulation.

Decision Each of the Decision Makers is satisfied that the decision satisfies 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:

(a) the Existing Relief is revoked; (b) the Exemption Sought is granted to the Filer in respect of the Filer's financial statements required to be filed

on or after the date of this order, provided that the Filer prepares those financial statements in accordance with U.S. GAAP; and

(c) the Exemption Sought will terminate on the earliest of the following:

(i) 1 January 2019; (ii) if the Filer ceases to have activities subject to rate regulation, the first day of the Filer's financial year

that commences after the Filer ceases to have activities subject to rate regulation; and (iii) the effective date prescribed by the IASB for the mandatory application of a standard within IFRS

specific to entities with rate-regulated activities.


March 20, 2014

(2014), 37 OSCB 2854

For the Commission: "William Rice, QC" Chair "Stephen Murison" Vice-Chair


March 20, 2014

(2014), 37 OSCB 2855

2.1.7 Cangene Corporation – s. 1(10)(a)(ii) Headnote National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Issuer deemed to no longer be a reporting issuer under securities legislation. Applicable Legislative Provisions Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii). March 17, 2014 Cangene Corporation 66 Wellington Street West, Suite 5300 Toronto ON M5K 1E6 Dear Sirs/Mesdames: Re: Cangene Corporation (the “Applicant”) –

Application for a decision under the securities legislation of Manitoba, Alberta, Saskatch-ewan, Ontario, Québec, New Brunswick, Nova Scotia, Prince Edward Island and Newfound-land and Labrador (the “Jurisdictions”) that the Applicant is not a reporting issuer


a) the outstanding securities of the Appli-cant, including debt securities, are bene-ficially owned, directly or indirectly, by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 securityholders in total world-wide;

b) no securities of the Applicant, including

debt securities, are traded in Canada or another country on a marketplace as defined in National Instrument 21-101 Marketplace Operation or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported;

c) the Applicant is applying for a decision


d) the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer.

Each of the Decision Makers is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been met and makes an order declaring that the Applicant has ceased to be a reporting issuer and revoking the Applicant’s status as a reporting issuer. “Chris Besko” Deputy Director The Manitoba Securities Commission


March 20, 2014

(2014), 37 OSCB 2856

2.2 Orders 2.2.1 Bradon Technologies Ltd. et al. – s. 127



AND

IN THE MATTER OF BRADON TECHNOLOGIES LTD., JOSEPH COMPTA,

ENSIGN CORPORATE COMMUNICATIONS INC. and TIMOTHY GERMAN

ORDER (Section 127)

WHEREAS on October 3, 2013, 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, accompanied by a Statement of Allegations dated October 3, 2013, issued by Staff of the Commission (“Staff”) with respect to Bradon Technologies Ltd. (“Bradon”), Joseph Compta (“Compta”), Ensign Corporate Communications Inc. (“Ensign”) and Timothy German (“German”) (collectively, the “Respondents”); AND WHEREAS on October 29, 2013, Staff appeared and made submissions, Compta appeared on behalf of himself and Bradon and made submissions, and German appeared on behalf of himself and Ensign; AND WHEREAS the Commission determined that the parties should return on December 9, 2013, after disclosure has been provided to the Respondents, to set a date for a confidential pre-hearing conference; AND WHEREAS Staff provided disclosure to the Respondents on November 19, 2013; AND WHEREAS on December 9, 2013, Staff appeared and made submissions, German appeared on behalf of himself and Ensign and confirmed that he had retained counsel to represent him and Ensign in this proceeding, and counsel on behalf of Compta and Bradon appeared and made submissions; AND WHEREAS on December 9, 2013, the Commission ordered that a confidential pre-hearing conference shall take place on March 12, 2014 at 10:00 a.m.; AND WHEREAS on March 12, 2014, Staff appeared and made submissions, German appeared on behalf of himself and Ensign, and counsel on behalf of Compta and Bradon appeared and made submissions; AND WHEREAS Staff requested that dates be set for the hearing on the merits and for a further confidential pre-hearing conference; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this Order;

IT IS HEREBY ORDERED that: 1. the hearing on the merits shall

commence on December 1, 2014 at 10:00 a.m. and shall continue on December 3, 4, 5, 8, 9, 10, 11, 12, and 15, 2014, or on such further or other dates as may be agreed upon by the parties and fixed by the Office of the Secretary; and

2. a further confidential pre-hearing

conference shall take place on October 27, 2014 at 11:00 a.m.

DATED at Toronto this 12th day of March, 2014. “James E. A. Turner”


March 20, 2014

(2014), 37 OSCB 2857

2.2.2 Pro-Financial Asset Management Inc.



AND

IN THE MATTER OF PRO-FINANCIAL ASSET MANAGEMENT INC.

ORDER

WHEREAS on May 17, 2013, the Commission issued a temporary order (the “Temporary Order”) with respect to Pro-Financial Asset Management Inc. (“PFAM”) pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) ordering that:

(i) pursuant to paragraph 1 of subsection 127(1) of the Act, the registration of PFAM as a dealer in the category of exempt market dealer be suspended and the following terms and conditions apply to the registration of PFAM as an adviser in the category of portfolio manager (“PM”) and to its operation as an investment fund manager (“IFM”):

a. PFAM’s activities as a PM and IFM shall be applied exclusively to the Managed Accounts (as defined

in the Temporary Order) and to the Pro-Hedge Funds and Pro-Index Funds (as defined in the Temporary Order); and

b. PFAM shall not accept any new clients or open any new client accounts of any kind in respect of the

Managed Accounts; (ii) pursuant to subsection 127(6) of the Act, the Temporary Order shall take effect immediately and shall expire

on the fifteenth day after its making unless extended by order of the Commission; AND WHEREAS on May 28, 2013, the Commission ordered: (i) the Temporary Order be extended to June 27, 2013; (ii) the hearing to consider whether to further extend the terms of the Temporary Order and/or to make any further order as to PFAM’s registration proceed on June 26, 2013 at 10:00 a.m.; AND WHEREAS on June 26, 2013, the Commission ordered that: (i) the Temporary Order be extended to July 15, 2013; and (ii) the affidavit of Michael Denyszyn sworn May 24, 2013 not be marked as an exhibit until the next appearance in the absence of a Commission order to the contrary; and the hearing to consider this matter proceed on July 12, 2012; AND WHEREAS on July 11, 2013, the Commission ordered that: (i) the Temporary Order be extended to July 22, 2013; (ii) the hearing be adjourned to July 18, 2013 at 11:00 a.m.; and (iii) the hearing date of July 12, 2013 at 10:00 a.m. be vacated; AND WHEREAS on July 18, 2013, PFAM brought a motion (the “First PFAM Motion”) that the hearing be held in camera and that the affidavits of Michael Denyszyn sworn May 24 and June 24, 2013 and the affidavit of Michael Ho sworn July 17, 2013 (collectively the “Staff Affidavits”) either not be admitted as evidence or else be treated as confidential documents and the parties agreed that the motion should be heard in camera; AND WHEREAS on July 18, 2013, PFAM’s counsel filed supporting documents (the “PFAM Materials”) in support of the First PFAM Motion and counsel for PFAM and Staff made oral submissions and filed written submissions; AND WHEREAS on July 22, 2013, the Commission ordered:

(i) the Temporary Order be extended to August 26, 2013; (ii) leave be granted to the parties to file written submissions in respect of the First PFAM Motion; (iii) the Staff Affidavits, the transcript of the PFAM motion, the PFAM Materials, written submissions filed by Staff

and PFAM and other documents presented during the course of the First PFAM Motion shall be treated as confidential documents until further direction or order of the Commission; and

(iv) the hearing be adjourned to August 23, 2013 at 10:00 a.m.;


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(2014), 37 OSCB 2858

AND WHEREAS on August 23, 2013, Staff filed with the Commission the affidavit of Michael Ho sworn August 22, 2013 and PFAM’s counsel filed the affidavit of Stuart McKinnon dated August 23, 2013 but the parties did not seek to mark these affidavits as exhibits; AND WHEREAS on August 23, 2013, Staff and counsel for PFAM advised the Commission that the parties had agreed on the terms of a draft order; AND WHEREAS on August 23, 2013, PFAM requested that the hearing be held in camera so PFAM’s submissions on certain confidentiality issues could be heard and Staff did not oppose PFAM’s request; AND WHEREAS on August 27, 2013, the Commission ordered:

(i) the Temporary Order be extended to October 11, 2013; (ii) the affidavit of Michael Ho sworn August 22, 2013 and the affidavit of Stuart McKinnon sworn August 23, 2013

be treated as confidential documents until further order of the Commission; (iii) PFAM will deliver to Staff the final PPN reconciliation report by 4:30 p.m. on September 30, 2013; and (iv) the hearing to consider whether to: (i) make any further order as to PFAM’s registration as an adviser in the

category of PM or in respect of its operation as an IFM, as a result of PFAM’s ongoing capital deficiency; and/or (ii) otherwise vary or extend the terms of the Temporary Order, proceed on October 9, 2013 at 11:00 a.m.;

AND WHEREAS on October 9, 2013, PFAM brought a second motion (the “Second PFAM Motion”) for an order that the hearing be held in camera and for a confidentiality order treating as confidential documents: (i) the Staff and PFAM affidavits; (ii) all facta and correspondence exchanged by Staff and PFAM; and (iii) any transcript of this and prior in camera proceedings; AND WHEREAS on October 9, 2013, PFAM’s counsel filed written submissions dated October 8, 2013, the affidavit of Stuart McKinnon sworn October 7, 2013 and the affidavit of Kenneth White sworn October 7, 2013 in support of the Second PFAM Motion and Staff filed written submissions dated October 9, 2013 and the affidavit of Michael Ho sworn October 8, 2013 and opposed the request for an in camera hearing and for the confidentiality order; AND WHEREAS on October 9, 2013, the Commission heard submissions from counsel on the Second PFAM Motion in camera and the Commission requested the parties to prepare a draft order that, among other matters, addressed the confidentiality of documents filed with the Commission and permitted BNP Paribas Canada and Société Générale Canada (the “Banks”) to review certain documents attached to Staff affidavits dealing substantively with the PPN reconciliation process, provided the Banks treated such documents as confidential; AND WHEREAS on October 11, 2013, the Commission ordered that:

(i) the Temporary Order be extended to December 15, 2013; (ii) the affidavit of Michael Ho sworn October 8, 2013, the affidavit of Stuart McKinnon sworn October 7, 2013, the

affidavit of Kenneth White sworn October 7, 2013 and the written submissions of the parties dated October 8 and 9, 2013 be treated as confidential documents until further order of the Commission; and

(iii) the hearing to consider whether to: (i) make any further order as to PFAM’s registration as an adviser in the

category of PM or in respect of its operation as an IFM, as a result of PFAM’s ongoing capital deficiency; and/or (ii) otherwise vary or extend the terms of the Temporary Order, shall proceed on December 12, 2013 at 10:00 a.m.;

AND WHEREAS on October 17, 2013, the Commission ordered (the “October 17, 2013 Order”) that:

(i) the affidavit of Michael Ho sworn October 8, 2013, the affidavit of Stuart McKinnon sworn October 7, 2013, the affidavit of Kenneth White sworn October 7, 2013 and the written submissions of the parties dated October 8 and 9, 2013 be treated as confidential documents until further order of the Commission;

(ii) the previous orders as to confidentiality made by the Commission on July 22, 2013 and August 27, 2013

remain in force until further order or direction of the Commission; and


March 20, 2014

(2014), 37 OSCB 2859

(iii) documents related to the PPN reconciliation process listed on Schedule “A” to the October 17, 2013 Order be provided to counsel for the Banks on condition that the Banks treat those documents as confidential documents and not provide copies to any third party without further direction or order of the Commission;

AND WHEREAS on September 30, 2013, PFAM agreed to sell to another portfolio manager (the “Purchaser”) PFAM’s interest in all of the investment management contracts for the Pro-Index Funds and the Managed Accounts (the “First Transaction”). In a second transaction, an investor agreed to purchase through a corporation (the “Investor”) all of the shares of the Purchaser (the “Second Transaction”): AND WHEREAS on October 22, 2013, the Purchaser and PFAM filed a notification letter providing Compliance and Registrant Regulation Branch (“CRR Branch”) Staff with notice (“Notice”) of the application filed under section 11.9 and 11.10 of National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations (“NI 31-103”) relating to the First Transaction and the Second Transaction (collectively, the “Transactions”); AND WHEREAS on November 5, 2013, the staff member of the CRR Branch conducting the review of the Notice requested copies of the affidavits of Michael Denyszyn sworn May 24 and June 24, 2013, the affidavits of Michael Ho sworn July 17, August 22 and October 8, 2013, the affidavits of Stuart McKinnon sworn July 17, August 23 and October 7, 2013, the affidavit of Kenneth White sworn October 7, 2013 and the submissions of Staff and Pro-Financial Asset Management Inc. (“PFAM”) (collectively, the “Confidential Documents”); AND WHEREAS on November 12, 2013, PFAM filed an application with the Investment Funds Branch (“IF Branch”) of the Commission for an order under section 5.5 of National Instrument 81-102 – Mutual Funds (“NI 81-102”) for approval of the Purchaser as investment fund manager of the Pro-Index Funds and the Purchaser applied on October 24, 2013 for registration in the investment fund manager category for this purpose; AND WHEREAS on November 13, 2013, Staff filed a Notice of Motion returnable on a date to be determined by the Secretary’s office seeking an Order that Staff of the Enforcement Branch be permitted to provide some or all of the Confidential Documents to certain staff members of the CRR Branch and the IF Branch; AND WHEREAS on November 25, 2013, the Commission ordered that:

(i) Staff of the Enforcement Branch be permitted to provide the Confidential Documents to the following persons:

a. the staff members of the CRR Branch assigned to review the Notice; b. the staff member who has been designated to act in the capacity of the Director on behalf of the CRR

Branch for the purposes of deciding whether to object to the Notice; c. the staff members of the IF Branch who have been assigned to review the application made by

PFAM or the Purchaser under section 5.5 of NI 81-102; and d. the staff member who has been designated to act in the capacity of the “Director” for the purposes of

deciding whether to approve the application under section 5.5 of NI 81-102;

(ii) The CRR staff members assigned to review the Notice be permitted to provide relevant information derived from the Confidential Documents (“Relevant Information”) to PFAM, the Purchaser and their counsel involved in the Notice as part of the CRR staff members’ review and analysis of the Notice on condition that the recipients of such information treat it as confidential and not provide it to any third party without further direction or order of the Commission;

(iii) The IF staff members assigned to review the application for change of fund manager be permitted to provide

Relevant Information to PFAM, the Purchaser and their counsel involved in the application filed under NI 81-102 as part of the Investment Funds staff members’ review and analysis of the application on condition that the recipients of such information treat it as confidential and not provide it to any third party without further direction or order of the Commission;

(iv) The CRR staff members assigned to review the Notice be permitted to provide Relevant Information to the

Investor or its counsel with the consent of PFAM; and (v) The parties may seek direction from the Commission in the event that the CRR staff members and PFAM

cannot agree on whether Relevant Information should be provided to the Investor or its counsel;


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(2014), 37 OSCB 2860

AND WHEREAS Staff has filed an affidavit of Michael Ho sworn December 10, 2013 attaching a letter from counsel to Investment Administration Solution Inc. (“IAS”), PFAM’s recordkeeper for the PPNs, requesting a copy of the PPN reconciliation report submitted by PFAM to Staff; AND WHEREAS PFAM’s counsel provided to Staff and to the Commission and made submissions based on an affidavit of Stuart McKinnon sworn December 11, 2013 which was not marked as an exhibit on December 12, 2013 at the Commission hearing held that day; AND WHEREAS on December 12, 2013, Staff and counsel for PFAM appeared before the Commission and made submissions on: (i) the appropriate form of order to govern the provision of the Confidential Documents to other members of Staff of the Commission; and (ii) whether IAS should receive copies of the PPN reconciliation reports submitted by PFAM to Staff; AND WHEREAS by Commission Order dated December 13, 2013, the Commission ordered that:

(i) the Confidential Documents may be provided to any member of Staff of the Commission, as necessary in the course of their duties;

(ii) the Temporary Order be extended to January 24, 2014; (iii) the hearing be adjourned to January 21, 2014 at 11:00 a.m.; and (iv) Staff shall be entitled to provide a copy of each document relating to the PPN reconciliation process listed on

Schedule “A” of the October 13, 2013 order to counsel for IAS on the conditions that: (a) IAS treat those documents as confidential and not provide them to any third party without further direction or order of the Commission; and (b) IAS may use the documents for the purpose of assisting Staff in resolving the PPN discrepancy, and for no other purpose;

AND WHEREAS on January 15, 2014, PFAM’s counsel advised Staff that the prospectus for the distribution of securities of the Pro- Index Funds had passed its lapse date on January 14, 2014 and PFAM’s counsel requested a lapse date extension of 40 days from Staff; AND WHEREAS on January 17, 2014, PFAM’s counsel filed a pre-hearing conference memorandum (“PFAM’s Pre-Hearing Memorandum”) with the Secretary’s office to discuss various issues and seek an Order granting an extension to the lapse date for the Pro-Index Funds under subsection 62(5) of the Act (the “Lapse Date Relief”); AND WHEREAS PFAM filed the affidavit of Stuart McKinnon sworn January 19, 2014 with the Secretary’s office and Staff filed the affidavit of Susan Thomas sworn January 20, 2014 with the Secretary’s office but neither party marked either affidavit as an exhibit at the appearance on January 21, 2014; AND WHEREAS on January 21, 2014, Staff and PFAM’s counsel appeared before the Commission and Staff advised the Commission that: (i) Staff’s review of the Notice was expected to take another three to four weeks; (ii) the parties agreed that the prior confidentiality orders should be revised to permit Staff to provide the Confidential Documents or excerpts therefrom to the Purchaser, the Investor and their counsel as Staff determines necessary in the course of their duties and on the condition that the recipients treat such documents as confidential and not disclose them to any third party without further direction or order of the Commission; and (iii) the parties agreed that the Temporary Order should be extended; AND WHEREAS on January 21, 2014, PFAM’s counsel requested that submissions relating to the issues raised in PFAM’s Pre-Hearing Memorandum be made in camera pursuant to Rule 6 of the Commission’s Rules of Procedure, Staff opposed PFAM’s request, and the Commission directed and the parties made submissions in camera on the Lapse Date Relief; AND WHEREAS on January 21, 2014, the Commission ordered that: (i) the Temporary Order be extended to February 24, 2014; (ii) the hearing be adjourned to February 21, 2014 at 2:00 p.m.; (iii) Staff who have received the Confidential Documents be permitted to provide the Confidential Documents or an excerpt of the Confidential Documents to the Purchaser, the Investor and their counsel as set out in the Order; and (iv) PFAM be granted the Lapse Date Relief under subsection 62(5) of the Act to extend the lapse date for the Pro-Index Funds to February 24, 2014 on the conditions set out in the Order; AND WHEREAS on February 14, 2014, PFAM’s counsel served on Staff and filed a pre-hearing conference memorandum with the Secretary’s office and requested a confidential pre-hearing conference during the week of February 24, 2014;


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(2014), 37 OSCB 2861

AND WHEREAS on February 21, 2014, PFAM’s counsel was unavailable to attend before the Commission so the Commission ordered: (i) the Temporary Order be extended to March 6, 2014; (ii) the hearing be adjourned to March 3, 2014 at 11:00 a.m.; and (iii) a confidential pre-hearing conference proceed on February 25, 2014 at 3:30 p.m.; AND WHEREAS PFAM’s counsel requested in his prehearing conference memorandum an extension to the lapse date for the Pro-Index Funds which was previously extended to February 24, 2014 by Commission order dated January 21, 2014 (the “Further Lapse Date Relief”); AND WHEREAS in connection with a confidential pre-hearing conference on February 25, 2014 and the appearance on March 3, 2014, Staff filed the affidavit of Michael Ho sworn February 24, 2014 and written submissions dated February 28, 2014 to oppose the request for the Further Lapse Date Relief and PFAM’s counsel filed the affidavits of Stuart McKinnon sworn February 21, 2014 and March 3, 2014 and a factum dated March 3, 2014 in support of the Further Lapse Date Relief; AND WHEREAS on March 3, 2014, counsel for PFAM requested that submissions relating to the Further Lapse Date Relief be heard in camera and the Commission agreed to this request and the parties made oral submissions in camera on the issue of whether the Commission should grant the Further Lapse Date Relief; AND WHEREAS on March 3, 2014, the Commission ordered that the Further Lapse Date Relief would be granted until April 7, 2014 subject to: (i) PFAM issuing a news release, in a form satisfactory to Staff, to ensure that investors receive full disclosure of the matters identified by Staff as set out below; and (ii) PFAM only being permitted to distribute securities of the Pro-Index Funds to existing securityholders of the Pro-Index Funds; AND WHEREAS on March 3, 2014, the Commission advised, in the public portion of the hearing, that there had been two Director decisions recently made affecting PFAM (the “Director Decisions”) and PFAM’s counsel advised that the affected parties would seek a hearing and review under subsection 8(2) of the Act of both of the Director Decisions on an expedited basis; AND WHEREAS on March 4, 2014, the Commission ordered: (i) the terms and conditions imposed on PFAM’s registration by the Temporary Order be deleted and replaced with new terms and conditions which provided that PFAM shall not accept any new clients or open any new client accounts of any kind in respect of its Managed Accounts and that PFAM may only distribute securities of the Pro-Index Funds to existing securityholders of the Pro-Index Funds (the “Distribution Restriction”); (ii) PFAM be granted the Further Lapse Date Relief under subsection 62(5) of the Act to extend the lapse date for the Pro-Index Funds to April 7, 2014 subject to the conditions that: (a) PFAM issue a news release by March 6, 2014, in a form satisfactory to Staff, providing disclosure about the specific items set out in the March 4, 2014 order; and (b) PFAM comply with the terms of the March 4, 2014 order; (iii) the hearing be adjourned to April 7, 2014 at 10:00 a.m.; and (iv) the Temporary Order be extended to April 10, 2014; AND WHEREAS on March 6, 2014, a confidential prehearing conference was held to consider a motion by counsel to the Purchaser and the Investor to vary the Distribution Restriction imposed by the Commission in the March 4, 2014 order, so that PFAM could continue distributing securities until April 7, 2014 to new investors after issuing the press release provided for in the March 4 order (the “Variation Motion”); AND WHEREAS on March 6, 2014, the Commission was of the view that the hearing of the Variation Motion should proceed only after a notice of the Variation Motion has been filed with the Secretary’s office so that the public could be advised of the hearing; AND WHEREAS on March 6, 2014, the Commission ordered that: (i) portions of the Commission decision of March 3, 2014 imposing the Distribution Restriction and deleting and replacing the terms and conditions on PFAM’s registration and operation be stayed until March 11, 2014; (ii) PFAM be granted lapse date relief to extend the lapse date for the Pro-Index Funds to March 11, 2014; (iii) the Purchaser and the Investor file notice of the Variation Motion with the Secretary’s office; and (iv) the Variation Motion be adjourned to March 11, 2014 at 1:00 p.m.; AND WHEREAS the Purchaser and Investor’s counsel filed the affidavit of Diego Beltran sworn March 5, 2014, the affidavit of Stuart McKinnon sworn March 11, 2014 and written submissions dated March 6, 2014 in support of the Variation Motion and Staff filed the affidavit of Michael Ho sworn March 10, 2014 and written submissions dated March 10, 2014 to oppose the Variation Motion; AND WHEREAS on March 11, 2014, the Purchaser and the Investor’s counsel made a request that the hearing of the Variation Motion proceed in camera and Staff opposed the request and the Purchaser and Investor’s counsel and Staff made oral submissions and the Commission denied the request that the hearing proceed in camera;


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(2014), 37 OSCB 2862

AND WHEREAS on March 11, 2014, Staff opposed the Variation Motion and the Purchaser and Investor’s counsel and Staff made oral submissions on the Variation Motion and Staff advised that a separate order will be required to cease the distribution of securities of the Pro-Index Funds to new investors as of March 11, 2014 if the Variation Motion is dismissed; AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order; IT IS HEREBY ORDERED that:

1. The Variation Motion is dismissed. 2. Notwithstanding that the lapse date for the Pro-Index Funds was previously extended to March 11, 2014, the

distribution of securities of the Pro-Index Funds to new investors shall cease as of the end of the day on March 11, 2014.

DATED at Toronto this 11th day of March, 2014. “James E. A. Turner”

March 20, 2014

(2014), 37 OSCB 2863

Chapter 3

Reasons: Decisions, Orders and Rulings 3.1 OSC Decisions, Orders and Rulings 3.1.1 Pro-Financial Asset Management Inc. and the Pro-Index Funds February 28, 2014 McCarthy Tétrault LLP Suite 5300 TD Bank Tower Box 48, 66 Wellington Street West Toronto, ON M5K 1E6 Attention: Rene Sorell Re: Pro-Financial Asset Management Inc. (PFAM) and the Pro-Index Funds

Pro Forma Simplified Prospectus filed January 27, 2014 (the Pro Forma Prospectus) – SEDAR Project No. 2158032 This letter sets out my decision as Director in respect of the recommendation of staff (Staff) of the Ontario Securities Commission (the Commission) that I refuse to issue a receipt for the final simplified prospectus (the Final Prospectus) of the Pro-Index Funds (as defined below). Staff’s recommendation is made in a letter of Staff dated February 10, 2014 to counsel for PFAM (the Recommendation Letter). I understand that, on February 25, 2014, counsel for PFAM and the Pro-Index Funds waived the right of PFAM and the Pro-Index Funds to an opportunity to be heard on this matter under subsection 61(3) of the Securities Act (Ontario) (the Act). Accordingly, I have not received any submissions from PFAM or the Pro-Index Funds with respect to this matter, and the only submission by Staff is the Recommendation Letter. Based on the Recommendation Letter, I accept Staff’s recommendation that a receipt not be issued for the Final Prospectus for the reasons set out below. This decision is being issued ahead of PFAM’s hearing before the Commission, scheduled to take place on March 3, 2014. Accordingly, this decision highlights the key policy considerations that form the basis of my determination. Finally, I note that the Recommendation Letter makes reference to “substantive concerns with the disclosure in the [Pro Forma Prospectus]”, which were not included in the Recommendation Letter, given they did not form part of Staff’s decision to recommend that a receipt not be issued for the Final Prospectus. While any decision to issue a receipt for the Final Prospectus would require resolution of these substantive disclosure concerns, resolution of these concerns is outside the scope of my decision and I have made no determination with respect to the disclosure in the Final Prospectus. I. Background The Pro-Index Funds are currently distributing securities under a simplified prospectus dated January 14, 2013. Accordingly, under section 62 of the Act, distribution of securities of the Pro-Index Funds would not be lawful after January 14, 2014 (the Lapse Date), unless a pro forma simplified prospectus was filed by December 15, 2014. PFAM and the Pro-Index Funds failed to file a pro forma simplified prospectus by December 15, 2014 and, accordingly, securities of the Pro-Index Funds could no longer be lawfully distributed after January 14, 2014. On January 21, 2014, PFAM obtained an order of the Commission which extended the Lapse Date for the Pro-Index Funds to February 24, 2014 subject to conditions (the Lapse Date Order). Accordingly, under the Lapse Date Order distribution of securities of the Pro-Index Funds could continue until that date. On January 27, 2014, counsel for PFAM filed the Pro Forma Prospectus on behalf of Pro FTSE RAFI Canadian Index Fund, Pro FTSE RAFI US Index Fund, Pro FTSE RAFI Global Index Fund, Pro FTSE RAFI Hong Kong China Index Fund, Pro FTSE RAFI Emerging Markets Index Fund, Pro FTSE NA Dividend Index Fund, Pro Fundamental Bond Index Fund, Pro Fundamental Balanced Index Fund and Pro Money Market Fund (each, a Pro-Index Fund, and collectively, the Pro-Index Funds). Each Pro-Index Fund is an open-end mutual fund established under the laws of Ontario.

OSC Reasons: Decisions, Orders and Rulings

March 20, 2014

(2014), 37 OSCB 2864

As a result of the filing of the Pro Forma Prospectus, the distribution of securities of the Pro-Index Funds may continue until March 6, 2014 under paragraph 62(2)(b) of the Act. In order for the Pro-Index Funds to continue distributing securities beyond March 6, 2014, the Final Prospectus must be filed on or prior to that date. On February 10, 2014, Staff sent the Recommendation Letter to PFAM’s counsel via SEDAR. In the Recommendation Letter, Staff stated that they were not able to recommend that a receipt be issued for the Final Prospectus, for the reasons described below. On February 25, 2014, at a pre-hearing conference before the Commission, counsel for PFAM and the Pro-Index Funds waived their right to an opportunity to be heard under subsection 61(3) of the Act. II. Issues In the Recommendation Letter, Staff express their view that a receipt should not be issued for the Final Prospectus as a result of subsection 61(1) and subparagraphs 61(2)(d)(iii) and (e)(iii) of the Act. I have classified Staff’s reasons in the following three categories:

(A) PFAM’s ongoing compliance issues and the failure to keep the Pro-Index Funds’ simplified prospectus from lapsing;

(B) PFAM’s financial condition; and (C) public interest concerns, including PFAM’s failure to become registered as an investment fund manager.

Staff submit that, as a result of the above elements, issuing a receipt for the Final Prospectus would be contrary to the public interest. Furthermore, Staff take the position that the Pro-Index Funds cannot reasonably be expected to be financially responsible in the conduct of their business because of the financial condition of PFAM, and that the business of the Pro-Index Funds may not be conducted with integrity and in the best interest of securityholders of the Pro-Index Funds because of the past conduct of PFAM, or its officers, directors or control persons. For the reasons set out below, with respect to each of the elements above, I accept Staff’s recommendation that a receipt not be issued for the Final Prospectus. III. Applicable Provisions and the Standard of Proof The Recommendation Letter engages the Director’s jurisdiction under subsection 61(1) and subparagraphs 61(2)(d)(iii) and (e)(iii) of the Act. Subsection 61(1) of the Act states that, subject to specified exceptions, the Director shall issue a receipt for a prospectus “unless it appears to the Director that it is not the public interest to do so”. Subsection 61(2) of the Act states in part that the Director

“shall not issue a receipt for a prospectus or an amendment to a prospectus if it appears to the Director that,

(d) the issuer cannot reasonably be expected to be financially responsible in the conduct of its business because of the financial condition of,

[…] (iii) the investment fund manager of the issuer […]; [and]

(e) the business of the issuer may not be conducted with integrity and in the best interests of the security holders of the issuer because of the past conduct of

[…] (iii) the investment fund manager of the issuer or any of the investment fund manager’s officer, directors or control persons.


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(2014), 37 OSCB 2865

Standard of Proof The standard of proof applicable to Commission proceedings, including those before the Director, is the balance of probabilities.3 That is, in respect of the issue before me, “whether it is more likely than not” that the issuance of a receipt would be contrary to the public interest, that the Pro-Index Funds cannot be expected to be financially responsible in the conduct of their business because of the financial condition of PFAM, or that the business of the Pro-Index Funds may not be conducted with integrity and in the best interest of securityholders of the Pro-Index Funds because of the past conduct of PFAM. IV. Discussion of the Issues As identified above, in my view, Staff have raised three grounds for refusing to issue a receipt for the Final Prospectus. I accept Staff’s recommendation that each of these grounds is sufficient on its own for refusing a receipt, for the reasons set out below. Alternatively, even if any of the grounds would not be sufficient in itself to refuse a receipt, in my view their cumulative effect is sufficient to find it is not in the public interest to issue a receipt for the Prospectus. A discussion of each of the issues follows. A. Ongoing Compliance Issues and Failure to File a Prospectus before the Lapse Date Staff’s Recommendation In the Recommendation Letter, Staff note that PFAM has compliance issues that have engaged staff in the Compliance and Registrant Regulation Branch (CRR) of the Commission, and that these issues have been ongoing for some time and are now the subject of a temporary order of the Commission (the Temporary Order), which was most recently extended on January 21, 2014. The Recommendation Letter further states that the issues that have given rise to the Temporary Order include the unresolved working capital deficiency at PFAM as well as PFAM’s application for registration as an investment fund manager, and the Recommendation Letter also provides other examples of serious deficiencies found by CRR staff and described in a December 21, 2012 letter of CRR staff to PFAM. The Recommendation Letter also notes that PFAM, as manager and trustee of the Pro-Index Funds, has twice allowed the simplified prospectus of the Funds to lapse (in 2008 and in 2014) and has had to seek relief on behalf of the Pro-Index Funds to keep the simplified prospectus current. Staff conclude that, as a result of these compliance issues and PFAM’s past deficiencies (described in the December 21, 2012 letter), the business of the Pro-Index Funds may not be conducted with integrity and in the best interests of the security holders of the Pro-Index Funds. Therefore, according to Staff, the Director may not issue a receipt for the Final Prospectus under subparagraph 61(2)(e)(iii) of the Act. Determination In my view, PFAM’s ongoing compliance issues, which are the subject of the Temporary Order, are very serious and raise concerns about whether the business of the Pro-Index Funds may be carried on with integrity and in the best interests of their securityholders and in a way that would foster confidence in the capital markets. I agree with Staff’s position in the Recommendation Letter that ensuring “that the prospectus of a mutual fund which is distributing securities to the public does not lapse is […] a very basic aspect of managing the mutual fund”. For PFAM to have twice allowed the prospectus of the Pro-Index Funds to lapse raises questions about the adequacy of PFAM’s internal controls and its ability to ensure that the Pro-Index Funds are operating in compliance with Ontario securities law. On the basis of the past actions described above, and the serious ongoing compliance issues of PFAM, which are the subject matter of the Temporary Order, I am unable to conclude that, on a balance of probabilities, the business of the Pro-Index Funds can be carried on with integrity and in the best interests of the securityholders of the Pro-Index Funds. Accordingly, I conclude that, under subparagraph 61(2)(e)(iii) of the Act, a receipt may not be issued for the Final Prospectus. In reaching my determination on this matter, I note that the integrity that is at issue here is not the integrity of PFAM or any of its directors or officers.4 Rather, my focus is on whether, as stated in subparagraph 61(2)(e)(iii) of the Act, “the business of the issuer may not be conducted with integrity and in the best interests of the security holders of the issuer”. I find that, as a result of 3 Maple Leaf Investment Fund Corp. (Re), (2011), 34 OSCB 11551 at paras 42-43. 4 In this way, the facts underlying my decision in this case differ from those that formed the basis of the Commission’s decision in Citadel

Income Fund and Energy Income Fund (Re) (2011), 34 OSCB 8554 to order the issuance of a receipt. In that decision, the integrity of the President of the investment fund manager, which was the subject of an ongoing Commission enforcement proceeding, partially formed the basis of the Director’s original decision to not issue a receipt for the prospectus. In this case, the integrity of PFAM is not a consideration in my decision that a receipt not be issued for the Final Prospectus under subparagraph 61(2)(e)(iii) of the Act.


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(2014), 37 OSCB 2866

the serious ongoing compliance issues of PFAM, as well as PFAM’s failure to prevent the prospectus of the Pro-Index Funds to lapse twice, on a balance of probabilities, the business of the Pro-Index Funds may not be carried on with integrity and in the best interest of securityholders. In my view, the seriousness of PFAM’s compliance issues is evidenced by the existence of the Temporary Order, which places strict limitations on the businesses in which PFAM may engage and suspends its registration as an exempt market dealer. B. PFAM’s Financial Condition Staff’s Recommendation The Recommendation Letter describes a number of factors which concern Staff regarding the financial condition of PFAM. In particular I note two of Staff’s observations:

• PFAM, in its capacity as a registered firm, is capital deficient and, to Staff’s knowledge, other than a proposed transaction with Kingship Capital Corporation (KCC), PFAM does not have a proposal to become compliant with its capitalization requirement under National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.

• PFAM currently has outstanding debt which appears to threaten the financial condition and viability of PFAM.

Therefore, Staff conclude that the Pro-Index Funds cannot reasonably be expected to be financially responsible in the conduct of their business because of the financial condition of PFAM and that, therefore, under subparagraph 61(2)(d)(iii) of the Act, a receipt may not be issued for the Final Prospectus. Determination In my view, the financial viability of a manager is crucial to the question of whether a receipt should be issued for the prospectus of an investment fund. A manager is the person or company that directs the business, operations and affairs of an investment fund. The manager has ultimate responsibility for the investment fund and makes decisions regarding its operations. Accordingly, where there is a serious question about the financial viability of a manager, I have a concern about any investment fund managed by that manager, as retail investors will be investing their money with a fund whose “directing mind” may cease to exist due to financial difficulties. I find that, on a balance of probabilities, the financial condition of PFAM is such that the continued distribution of securities of the Pro-Index Funds to the public should not continue. Should the financial condition of PFAM change, PFAM may file a preliminary prospectus on behalf of the Pro-Index Funds and seek a receipt at that time. However, given the current financial condition of PFAM, I find that a receipt may not be issued for the Final Prospectus under subparagraph 61(2)(d)(iii) of the Act. C. PFAM’s Not Registered as IFM and Public Interest Concerns Generally Staff Recommendation Staff take the view, in the Recommendation Letter, that to issue a receipt for the Final Prospectus would be contrary to the public interest under subsection 61(2) of the Act. Staff reach this conclusion on the basis of PFAM’s ongoing serious compliance and financial viability issues, as well as the fact that PFAM has still not been registered as an investment fund manager by staff of the CRR Branch. Determination

1. Extent of the Director’s Public Interest Jurisdiction

It is generally acknowledged that the Director’s public interest jurisdiction under subsection 61(1) is broad and gives the Director some degree of “blue sky” discretion.5 Furthermore, in order for the Director to make a determination that the issuance of a receipt is contrary to the public interest, it is not necessary that the Director find a breach of the Act or related instruments, or that, in the absence of a breach, the matter be “abusive”.6

5 Biovail Corp. (Re), (2010), 33 OSCB 8914 at paras 388-389 [Biovail]; Committee for the Equal Treatment of Asbestos Minority

Shareholders v. Ontario (Securities Commission), 2001 SCC 37 at paras 39-41 [Asbestos]; Guard Inc., Re, (1996), 19 OSCB 3737 at 3743 [Guard].

6 Biovail, supra note 2 at paras 382, 388-389; Guard supra note 2 at 3743.


March 20, 2014

(2014), 37 OSCB 2867

However, the public interest power is not unlimited. It must be exercised with reference to the purposes of the Act as set out in section 1.1 of the Act.7 The purposes of the Act as detailed in section 1.1 of the Act are,

(a) to provide protection to investors from unfair, improper or fraudulent practices; and (b) to foster fair and efficient capital markets and confidence in capital markets.

The prospectus of an investment fund can give rise to concerns about whether the product is consistent with the purposes and animating principles of the Act, beyond the quality of the disclosure in the prospectus. In a dynamic market environment, it is important for the Director to have broad discretion when it comes to determining whether it is in the public interest to issue a receipt for a prospectus. In exercising the broad public interest discretion, I recognize that this jurisdiction must be exercised with some caution and restraint,8 and that caution needs to be exercised where intervention in the public interest would amount to an amendment of the existing law or policies.9 I note that I do not consider the public interest jurisdiction I have exercised in this decision to constitute intervention that would amount to any amendment of existing law or policies. 2. Application of Public Interest Jurisdiction to PFAM In making my decision that the issuance of a receipt for the Final Prospectus would be contrary to the public interest, I have kept in mind the two purposes of the Act cited above. In a previous decision, I stated that, in a retail-focused context such as the mutual fund industry, confidence in capital markets and investor protection are paramount considerations in determining the public interest.10 As described earlier in this decision, PFAM has serious compliance and financial viability issues that, in my view, engage the public interest jurisdiction of the Director under subsection 61(2) of the Act. Furthermore, as Staff note in the Recommendation Letter, PFAM continues to not be registered as an investment fund manager. In the ordinary course, registration as an investment fund manager is a condition to managing investment funds, and I am unable to conclude that an entity which, to date, has not been registered as an investment fund manager should be permitted to continue distributing investment fund securities to the public. I note that a decision that a receipt not be issued for the Final Prospectus does not mean that the Pro-Index Funds have to be wound up or that securityholders of the Pro-Index Funds are not permitted to continue holding securities of the Pro-Index Funds. I agree with Staff that, as National Instrument 81-102 Mutual Funds requires the portfolio assets of a mutual fund to be well diversified and liquid, the Funds should be in a position to honour redemption requests at all times. Therefore, in terms of investor protection, securityholders of the Pro-Index Funds will not be materially harmed by a decision not to issue a receipt for the Pro-Index Funds as they may continue holding their securities, or redeem those securities at a price equal to their net asset value. However, if a receipt were issued for the Final Prospectus, the result is that new securities of the Pro-Index Funds would be sold to the public in the midst of PFAM’s ongoing serious compliance and financial viability issues, which call into question its ability to manage the Pro-Index Funds with integrity and in the best interest of the Pro-Index Funds’ securityholders. In this context there is, in my view, a real possibility of harm to the public and to confidence in our capital markets. In light of the foregoing, I agree with Staff that to issue a receipt for the Final Prospectus, would be contrary to the public interest. This determination has been made independently of any consideration of PFAM’s proposed transaction with KCC, as this transaction has not been completed at this time. I do not believe that my decision will have a material negative impact on the proposed transaction with KCC, as the refusal to issue a receipt does not necessitate the termination of the Pro-Index Funds; it only stops the distribution of new securities. Furthermore, I believe any limited negative impact to the KCC transaction is outweighed by the potential harm to the public interest that would arise as a result of a receipt being issued for the Final Prospectus.

7 Asbestos, supra note 2 at paras 41. 8 Biovail, supra note 2 at para 374. 9 Financial Models Co. (Re), (2005), 28 OSCB 2184 at para 54. 10 ONE Financial Corporation and ONE Financial All-Weather Profit Family Corp. (Re), (2012), 35 OSCB 3083 at 3085.


March 20, 2014

(2014), 37 OSCB 2868

Finally, I note that a decision to not issue a receipt for the Final Prospectus is consistent with a term of the Temporary Order, which states that “PFAM shall not accept any new clients or open any new client accounts of any kind in respect of the Managed Accounts”. In my view, the situation with respect to the Pro-Index Funds is very similar to that of the Managed Accounts. That is, on the same basis as with the Managed Accounts, PFAM should not accept any new clients in respect of the Pro-Index Funds until such time as all the outstanding issues affecting PFAM, which Staff have raised in the Recommendation Letter, are resolved. Staff also note in the Recommendation Letter that they have recently become aware of an issue related to the accuracy of the management expense ratios (MERs) of certain Pro-Index Funds as reported for the periods ended December 31, 2012 and June 30, 2013 and that the extent of these issues and their impact on other figures reported in the Pro-Index Funds’ continuous disclosure documents is currently unclear. While I have not made a determination with respect to this issue, given that so many of the facts regarding the accuracy of the Pro-Index Funds’ reported MERs are currently unknown, I would be concerned if the Pro-Index Funds were to distribute securities to the public without this issue being resolved. V. Conclusion In summary, having considered the Recommendation Letter, and the issues being faced by PFAM, I find that a receipt for the Final Prospectus should not be issued. I note that this decision does not preclude PFAM from filing a preliminary simplified prospectus on behalf of the Pro-Index Funds should its situation improve in a way that addresses my reasons to not issue a receipt for the Final Prospectus. Yours truly, “Rhonda Goldberg” Director, Investment Funds Branch cc: Susan Thomas, Senior Legal Counsel, Investment Funds Mostafa Asadi, Legal Counsel, Investment Funds

March 20, 2014

(2014), 37 OSCB 2869

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

Alterrus Systems Inc. 13 Mar 14 25 Mar 14

Fire River Gold Corp. 12 Mar 14 24 Mar 14

Jiminex Inc. 12 Mar 14 24 Mar 14 4.2.1 Temporary, Permanent & Rescinding Management Cease Trading Orders

Company Name Date of Order or

Temporary Order

Date of Hearing

Date of Permanent

Order

Date of Lapse/ Expire

Date of Issuer

Temporary Order

NO ITEMS FOR THIS WEEK. 4.2.2 Outstanding Management & Insider Cease Trading Orders

Company Name Date of Order or Temporary

Order

Date of Hearing

Date of Permanent

Order

Date of Lapse/ Expire

Date of Issuer Temporary

Order

NTG Clarity Networks Inc. 14 Feb 14 26 Feb 14 26 Feb 14

Penfold Capital Acquisition IV Corporation

05 Feb 14 18 Feb 14 18 Feb 14


March 20, 2014

(2014), 37 OSCB 2870


March 20, 2014

(2014), 37 OSCB 2871

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

March 20, 2014

(2014), 37 OSCB 2872

Issuer Name Security Insider Name Rel'n Transaction Date T/O Unit Price

Date/Month End Holdings

Acquired/ Disposed

3MV Energy Corp. (formerly Noravena Capital Corporation)

Common Shares Abbey, William (Billy) Mark 5 13/03/2014 10 0.06 71,000 48,000

3MV Energy Corp. (formerly Noravena Capital Corporation)

Common Shares Abbey, William (Billy) Mark 5 13/03/2014 10 0.065 74,000 3,000

Abattis Bioceuticals Corp. Common Shares David, Rene 5 12/03/2014 10 1.215 140,000 -50,000 Abattis Bioceuticals Corp. Common Shares David, Rene 5 12/03/2014 10 1.21 100,000 -40,000 Abattis Bioceuticals Corp. Options David, Rene 5 10/03/2014 50 580,000 330,000 Abattis Bioceuticals Corp. Common Shares Withrow, MIke Withrow 4, 5 07/03/2014 10 0.767 7,590,300 -10,000 Abattis Bioceuticals Corp. Common Shares Withrow, MIke Withrow 4, 5 12/03/2014 10 1.17 7,390,300 -200,000 Abattis Bioceuticals Corp. Common Shares Withrow, MIke Withrow 4, 5 13/03/2014 15 0.1 8,280,300 890,000 Abattis Bioceuticals Corp. Options Incentive Withrow, MIke Withrow 4, 5 13/03/2014 51 0.1 800,000 -390,000 Abattis Bioceuticals Corp. Options Incentive Withrow, MIke Withrow 4, 5 13/03/2014 51 0.17 300,000 -500,000 ABCOURT MINES INC. Common Shares

catégorie B Hinse, Renaud 3, 4, 5 13/03/2014 10 0.07 15,338,875 50,000

Absolute Software Corporation

Common Shares Chase, Robert George 5 06/03/2014 10 550,613 -19,975


Common Shares Chase, Robert George 5 06/03/2014 51 3.97 570,588 19,975


Options Chase, Robert George 5 06/03/2014 51 3.97 106,850 -19,975


Options DAY, RICHARD LEIGH 4 20/02/2014 50 6.9 81,750 15,000


Options DAY, RICHARD LEIGH 4 26/02/2014 51 3.89 1,250


Options DAY, RICHARD LEIGH 4 26/02/2014 51 3.89 1,250


Options DAY, RICHARD LEIGH 4 26/02/2014 51 7.022 80,500 -1,250


Common Shares Gardner, Philip 5 10/03/2014 51 7.1972 916,488 2,500


Common Shares Gardner, Philip 5 10/03/2014 10 7.1972 913,988 -2,500


Options Gardner, Philip 5 10/03/2014 51 7.1972 59,375 -2,500

Ackroo Inc. Common Shares Chapman, John Anthony 5 11/03/2014 11 0.01 425,000 400,000 Ackroo Inc. Common Shares Durno, Jeff 4 11/03/2014 11 0.05 660,667 140,329 ACTIVEnergy Income Fund Trust Units ACTIVEnergy Income Fund 1 10/03/2014 38 8.5 29,198,935 600 ACTIVEnergy Income Fund Trust Units ACTIVEnergy Income Fund 1 11/03/2014 38 8.42 29,199,935 1,000 ACTIVEnergy Income Fund Trust Units ACTIVEnergy Income Fund 1 12/03/2014 38 8.5 29,200,535 600 ACTIVEnergy Income Fund Trust Units ACTIVEnergy Income Fund 1 13/03/2014 38 8.45 29,201,135 600 Adex Mining Inc. Common Shares BURTON, WILLIAM B. 4 13/03/2014 10 0.025 1,776,596 130,000 Aecon Group Inc. Convertible Debentures

5.50% Unsecured Subordinated

Sloan, Monica 4 27/11/2013 10 1000 $500

Aecon Group Inc. Convertible Debentures 5.50% Unsecured Subordinated

Sloan, Monica 4 27/11/2013 10 1000 $500,000


Sloan, Monica 4 27/11/2013 10 1000 $70,000 $70,000


Sloan, Monica 4 18/12/2013 10 1000 $170,000 $100,000


Sloan, Monica 4 11/06/2013 00


Sloan, Monica 4 27/11/2013 10 1000 $10,000 $10,000


Sloan, Monica 4 11/06/2013 00

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2873



Acquired/ Disposed


Sloan, Monica 4 27/11/2013 10 1000 $400,000 $400,000


Sloan, Monica 4 18/12/2013 10 1000 $0 -$400,000


Sloan, Monica 4 11/06/2013 00


Sloan, Monica 4 27/11/2013 10 1000 $20,000 $20,000

AEterna Zentaris Inc. Options Aubut, Marcel 4 10/12/2013 52 69,165 -5,000 AEterna Zentaris Inc. Options Turpin, Dennis 5 10/12/2013 52 169,996 -10,000 African Gold Group, Inc. Common Shares Inwentash, Sheldon 6 07/03/2014 10 0.18 19,350,000 87,500 African Gold Group, Inc. Common Shares Inwentash, Sheldon 6 11/03/2014 10 0.18 19,500,000 150,000 African Gold Group, Inc. Common Shares Inwentash, Sheldon 6 13/03/2014 10 0.18 20,000,000 500,000 African Gold Group, Inc. Common Shares Pinetree Capital Ltd. 3 07/03/2014 10 0.18 19,350,000 87,500 African Gold Group, Inc. Common Shares Pinetree Capital Ltd. 3 11/03/2014 10 0.18 19,500,000 150,000 African Gold Group, Inc. Common Shares Pinetree Capital Ltd. 3 13/03/2014 10 0.18 20,000,000 500,000 Agellan Commercial Real Estate Investment Trust

Units Attard, Terra 7 11/03/2014 10 9.02 10,761 275

Agellan Commercial Real Estate Investment Trust

Units Camenzuli, Francis Xavier 4, 7, 5 28/02/2014 10 9.2797 50,029 3,190


Units Camenzuli, Francis Xavier 4, 7, 5 07/03/2014 10 9.2797 109,715 6,810


Units Millett, Daniel 5 07/03/2014 10 9.286 4,100 3,000

AGF Management Limited Common Shares Class B AGF EMPLOYEE BENEFIT PLAN TRUST

2 10/02/2014 00

AGF Management Limited Common Shares Class B AGF EMPLOYEE BENEFIT PLAN TRUST

2 10/02/2014 10 11.23 50,000 50,000

Agnico Eagle Mines Limited Common Shares Cafazzo, Lino 5 10/03/2014 10 36.19 599 -400 Agnico Eagle Mines Limited Common Shares Cafazzo, Lino 5 10/03/2014 10 36.2 199 -400 Agnico Eagle Mines Limited Common Shares Cook, Mathew 5 12/03/2014 51 28.03 2,211 2,000 Agnico Eagle Mines Limited Common Shares Cook, Mathew 5 12/03/2014 10 37.46 211 -2,000 Agnico Eagle Mines Limited Common Shares Cook, Mathew 5 12/03/2014 10 37.08 0 -211 Agnico Eagle Mines Limited Options Cook, Mathew 5 12/03/2014 51 28.03 154,000 -2,000 Agrium Inc. Options O'Donoghue, Leslie 5 13/03/2014 51 24.56 149,351 -6,000 Agrium Inc. Rights SARs O'Donoghue, Leslie 5 25/02/2014 59 91.76 3,750 Agrium Inc. Rights SARs O'Donoghue, Leslie 5 25/02/2014 59 91.76 0 -3,750 Agrium Inc. Rights SARs O'Donoghue, Leslie 5 13/03/2014 56 24.56 6,000 6,000 Agrium Inc. Rights SARs O'Donoghue, Leslie 5 13/03/2014 59 95.11 0 -6,000 Aimia Inc. Options Adams, David L. 5 10/03/2014 56 490,958 Aimia Inc. Options Adams, David L. 5 10/03/2014 56 490,958 Aimia Inc. Options Adams, David L. 5 10/03/2014 50 657,262 121,887 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Adams, David L. 5 10/03/2014 56 18.15 99,174

Aimia Inc. Rights - Performance Share Units - Aimia LTIP

Adams, David L. 5 10/03/2014 56 18.15 99,174


Adams, David L. 5 10/03/2014 56 18.15 63,804 24,621


Adams, David L. 5 10/03/2014 59 18.15 54,447 -9,357


Adams, David L. 5 10/03/2014 58 - Expiration of rights

54,031 -416

Aimia Inc. Options Allsop, Marc Stephen 5 10/03/2014 50 76,199 32,961 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Allsop, Marc Stephen 5 10/03/2014 56 18.15 10,944 6,658

Aimia Inc. Options Doniz, Susan 5 10/03/2014 50 152,728 28,128 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Doniz, Susan 5 10/03/2014 56 18.15 17,892 5,682

Aimia Inc. Options Duchesne, Rupert 4, 5 10/03/2014 50 1,167,119 490,958

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2874



Acquired/ Disposed


Duchesne, Rupert 4, 5 10/03/2014 56 18.15 274,597 99,174


Duchesne, Rupert 4, 5 10/03/2014 59 18.15 216,953 -57,644


Duchesne, Rupert 4, 5 10/03/2014 58 - Expiration of rights

214,394 -2,559

Aimia Inc. Common Shares Graham, Elizabeth 5 07/03/2014 51 8.47 41,144 20,000 Aimia Inc. Common Shares Graham, Elizabeth 5 07/03/2014 10 17.87 21,144 -20,000 Aimia Inc. Options Graham, Elizabeth 5 07/03/2014 51 424,376 -20,000 Aimia Inc. Options Graham, Elizabeth 5 10/03/2014 50 492,565 68,189 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Graham, Elizabeth 5 10/03/2014 56 18.15 48,580 13,774


Graham, Elizabeth 5 10/03/2014 59 18.15 40,158 -8,422


Graham, Elizabeth 5 10/03/2014 58 - Expiration of rights

39,784 -374

Aimia Inc. Options Hernandez Monteiro, Eric 5 10/03/2014 50 156,925 59,665 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Hernandez Monteiro, Eric 5 10/03/2014 56 18.15 23,262 12,052

Aimia Inc. Options Hounsell, Mark 5 10/03/2014 50 224,096 82,678 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Hounsell, Mark 5 10/03/2014 56 18.15 39,984 16,701


Hounsell, Mark 5 10/03/2014 59 18.15 34,744 -5,240


Hounsell, Mark 5 10/03/2014 58 - Expiration of rights

34,511 -233

Aimia Inc. Options Johnston, David William 7 10/03/2014 50 775,519 108,497 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Johnston, David William 7 10/03/2014 56 18.15 76,749 21,916


Johnston, David William 7 10/03/2014 59 18.15 64,510 -12,239


Johnston, David William 7 10/03/2014 58 - Expiration of rights

63,966 -544

Aimia Inc. Options Lips, Jan Pieter 7 10/03/2014 50 174,239 71,416 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Lips, Jan Pieter 7 10/03/2014 56 18.15 28,823 14,426


Lips, Jan Pieter 7 10/03/2014 59 18.15 26,451 -2,372


Lips, Jan Pieter 7 10/03/2014 58 - Expiration of rights

26,346 -105

Aimia Inc. Options Lowell Zea, Michael 5 10/03/2014 50 204,937 79,007 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Lowell Zea, Michael 5 10/03/2014 56 18.15 33,959 15,959

Aimia Inc. Common Shares Rossy, Alan 4 25/06/2008 00 Aimia Inc. Common Shares Rossy, Alan 4 14/03/2014 10 17.46 5,720 5,720 Aimia Inc. Common Shares Rossy, Alan 4 25/06/2008 00 Aimia Inc. Common Shares Rossy, Alan 4 27/06/2008 10 18.85 4,985 4,985 Aimia Inc. Common Shares Rossy, Alan 4 17/11/2008 10 8.02 6,040 1,055 Aimia Inc. Common Shares Rossy, Alan 4 18/11/2008 10 8.94 9,475 3,435 Aimia Inc. Common Shares Rossy, Alan 4 09/12/2008 10 7.38 4,675 -4,800 Aimia Inc. Common Shares Rossy, Alan 4 29/04/2009 10 7.62 8,800 4,125 Aimia Inc. Common Shares Timpano, Vincent Robert 5 03/11/2008 00 Aimia Inc. Common Shares Timpano, Vincent Robert 5 05/03/2014 51 7.52 50,000 50,000 Aimia Inc. Common Shares Timpano, Vincent Robert 5 05/03/2014 10 17.92 0 -50,000 Aimia Inc. Common Shares Timpano, Vincent Robert 5 05/03/2014 51 8.47 75,086 75,086 Aimia Inc. Common Shares Timpano, Vincent Robert 5 05/03/2014 10 17.95 0 -75,086 Aimia Inc. Options Timpano, Vincent Robert 5 05/03/2014 51 439,316 -50,000 Aimia Inc. Options Timpano, Vincent Robert 5 05/03/2014 51 364,230 -75,086 Aimia Inc. Options Timpano, Vincent Robert 5 10/03/2014 50 504,017 139,787 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Timpano, Vincent Robert 5 10/03/2014 56 18.15 62,477 28,237


Timpano, Vincent Robert 5 10/03/2014 59 18.15 53,830 -8,647

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2875



Acquired/ Disposed


Timpano, Vincent Robert 5 10/03/2014 58 - Expiration of rights

53,447 -383

Aimia Inc. Options Walker, Sandy 5 10/03/2014 50 159,454 37,504 Aimia Inc. Rights - Performance

Share Units - Aimia LTIP Walker, Sandy 5 10/03/2014 56 18.15 19,466 7,576

Air Canada Class B Voting Shares Houle, Pierre 5 10/03/2014 51 2.34 1,450 1,450 Air Canada Class B Voting Shares Houle, Pierre 5 10/03/2014 10 6.54 0 -1,450 Air Canada Options (Long-Term

Incentive Plan) Houle, Pierre 5 10/03/2014 51 2.34 32,620 -1,450

Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 10/03/2014 38 16.11 700 700 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 10/03/2014 38 0 -700 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 12/03/2014 38 16.03 600 600 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 12/03/2014 38 0 -600 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 13/03/2014 38 16.08 500 500 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 13/03/2014 38 0 -500 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 14/03/2014 38 16.2 500 500 Akita Drilling Ltd. Non-Voting Shares AKITA DRILLING 1 14/03/2014 38 0 -500 AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 10/03/2014 38 10.76 4,600 1,500 AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 11/03/2014 38 10.82 6,100 1,500 AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 12/03/2014 38 10.84 7,600 1,500 AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 13/03/2014 38 10.72 9,100 1,500 AlarmForce Industries Inc. Common Shares AlarmForce Industries Inc. 1 14/03/2014 38 10.77 10,600 1,500 Alberta Oilsands Inc. Common Shares Goodisman, Adrian Howard 4 06/03/2014 10 0.136 5,500,000 200,000 Alberta Oilsands Inc. Common Shares Mitchell, Bruce 3 10/03/2014 10 0.14 29,358,200 217,500 Alberta Oilsands Inc. Common Shares Mitchell, Bruce 3 12/03/2014 10 0.14 29,520,200 162,000 Alberta Oilsands Inc. Common Shares Mitchell, Bruce 3 13/03/2014 10 0.14 30,140,700 620,500 Alder Resources Ltd. Options Dudek, Don 4, 5 13/03/2014 50 0.05 1,375,000 500,000 Alder Resources Ltd. Options Pettigrew, Pierre Stewart 4 13/03/2014 50 0.05 550,000 50,000 Alder Resources Ltd. Options Polk, Allan James 4 31/01/2014 00 Alder Resources Ltd. Options Polk, Allan James 4 13/03/2014 50 0.05 200,000 200,000 Alder Resources Ltd. Options Ptolemy, Ryan Jeffery 5 13/03/2014 50 400,000 100,000 Alder Resources Ltd. Options Stein, Keith 4 19/03/2013 00 Alder Resources Ltd. Options Stein, Keith 4 12/03/2014 50 0.05 50,000 50,000 Alder Resources Ltd. Options Van Deurzen, Joshua Frank 5 13/03/2014 50 0.05 350,000 100,000 ALDRIN RESOURCE CORP. Common Shares Driver, Cyrus 4, 5 13/03/2014 11 0.055 780,273 227,273 ALDRIN RESOURCE CORP. Warrants Driver, Cyrus 4, 5 13/03/2014 11 0.1 613,636 113,636 ALDRIN RESOURCE CORP. Common Shares More, Johnathan 4, 5 06/03/2014 10 0.09 2,704,500 200,000 Alexandria Minerals Corporation

Options Owens, Eric 3, 4, 5 07/03/2014 50 0.1 2,850,000 750,000

Alix Resources Corp. Common Shares England, Michael Bruno John Franz

4, 5 12/03/2014 10 0.05 2,272,667 -400,000

Alix Resources Corp. Options England, Michael Bruno John Franz

4, 5 12/03/2014 50 0.05 1,366,666 500,000

Alix Resources Corp. Common Shares Masters, John Parker 4, 5 12/03/2014 10 0.05 0 -25,000 Allbanc Split Corp. II Common Shares Class A

Capital AllBanc Split Corp. II 1 28/02/2014 38 17.016 553,206 553,206

Allbanc Split Corp. II Common Shares Class A Capital

AllBanc Split Corp. II 1 28/02/2014 38 17.016 0 -553,206

Allbanc Split Corp. II Preferred Shares Class B AllBanc Split Corp. II 1 28/02/2014 38 21.8 276,603 276,603 Allbanc Split Corp. II Preferred Shares Class B AllBanc Split Corp. II 1 28/02/2014 38 21.8 0 -276,603 Alliance Mining Corp. Common Shares Claydon, Antony John 4 10/03/2014 10 0.06 331,500 -246,000 Alliance Mining Corp. Common Shares Claydon, Antony John 4 12/03/2014 10 0.05 256,500 -75,000 Allied Properties Real Estate Investment Trust

Units Connor, Gerald R. 4 07/03/2014 10 33.962 206,710 -51,203

Allied Properties Real Estate Investment Trust

Units Connor, Gerald R. 4 07/03/2014 10 34.441 201,110 -5,600

AltaGas Ltd. Common Shares Baines, Jeremy Robert 5 11/03/2014 10 43.905 23,221 -2,000 AltaGas Ltd. Rights Restricted Units

(RU) Baines, Jeremy Robert 5 13/03/2014 30 3,000 3,000

AltaGas Ltd. Common Shares Cornhill, David Wallace 4, 5 11/03/2014 51 14.24 1,206,905 20,000 AltaGas Ltd. Common Shares Cornhill, David Wallace 4, 5 12/03/2014 10 43.9 1,181,905 -25,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2876



Acquired/ Disposed

AltaGas Ltd. Common Shares Cornhill, David Wallace 4, 5 13/03/2014 51 14.24 1,186,905 5,000 AltaGas Ltd. Common Shares Cornhill, David Wallace 4, 5 13/03/2014 51 14.24 25,000 AltaGas Ltd. Common Shares Cornhill, David Wallace 4, 5 13/03/2014 51 14.24 1,211,905 25,000 AltaGas Ltd. Options at $14.24 expiring

December 10, 2018 Cornhill, David Wallace 4, 5 11/03/2014 51 14.24 30,000 -20,000

AltaGas Ltd. Options at $14.24 expiring December 10, 2018

Cornhill, David Wallace 4, 5 13/03/2014 51 14.24 25,000 -5,000


Cornhill, David Wallace 4, 5 13/03/2014 51 14.24 -25,000


Cornhill, David Wallace 4, 5 13/03/2014 51 14.24 0 -25,000

AltaGas Ltd. Rights Restricted Units (RU)

Cornhill, David Wallace 4, 5 13/03/2014 30 25,000 25,000


Dawson, Dennis Alan 5 13/03/2014 30 5,000 5,000

AltaGas Ltd. Options $43.83 Expiring March 13, 2020

Green, Jared Blake 5 11/07/2012 00

AltaGas Ltd. Options $43.83 Expiring March 13, 2020

Green, Jared Blake 5 13/03/2014 50 43.83 5,000 5,000


Green, Jared Blake 5 13/03/2014 30 4,271 2,500

AltaGas Ltd. Rights Performance Units (PU)

Harris, David Michael 5 13/03/2014 30 66,986 25,000


Karl, Peter Lauren 5 13/03/2014 30 306 2,000


LOWE, JOHN EDWARD 5 03/10/2011 00


LOWE, JOHN EDWARD 5 13/03/2014 30 10,000 10,000


Mattson, Bradley 5 13/03/2014 30 3,000 3,000


Stein, Deborah Susan 5 13/03/2014 30 10,000 10,000


Stout, Kent Eugene 5 13/03/2014 30 5,000 5,000

AltaGas Ltd. Common Shares Toivanen, Shaun William 5 12/03/2014 51 17.89 10,193 2,500 AltaGas Ltd. Common Shares Toivanen, Shaun William 5 12/03/2014 51 14.24 13,943 3,750 AltaGas Ltd. Options at $14.24 expiring

December 10, 2018 Toivanen, Shaun William 5 12/03/2014 51 14.24 0 -3,750

AltaGas Ltd. Options at $17.89 expiring October 7, 2019

Toivanen, Shaun William 5 12/03/2014 51 17.89 7,500 -2,500


Toivanen, Shaun William 5 13/03/2014 30 2,000 2,000

Altitude Resources Inc. (formerly Triumph Ventures III Corporation)

Common Shares Wusaty, Eugene 3, 4 11/03/2014 10 0.35 7,216,600 1,000

Altitude Resources Inc. (formerly Triumph Ventures III Corporation)

Common Shares Wusaty, Eugene 3, 4 12/03/2014 10 0.35 7,217,100 500

Altus Group Limited Convertible Debentures 5.75% Convertible Unsecured Subordinated Debentures

Eisen, Barry Isaac 5 14/03/2014 10 $59,000 $4,000

Altus Group Limited Options Eisen, Barry Isaac 5 11/03/2014 59 13.86 16,667 -5,314 Amaya Gaming Group Inc. Common Shares Danziger, David 8 11/02/2014 00 10,000 Amaya Gaming Group Inc. Debentures Danziger, David 8 11/02/2014 00 $25,000 Amaya Gaming Group Inc. Warrants Danziger, David 8 11/02/2014 00 Amaya Gaming Group Inc. Warrants Danziger, David 8 11/02/2014 00 2,450 American Core Sectors Dividend Fund

Trust Units American Core Sectors Dividend Fund

1 06/03/2014 38 9.355 162,100 2,800

American Core Sectors Dividend Fund


1 07/03/2014 38 9.37 169,900 7,800



1 10/03/2014 38 9.43 171,700 1,800



1 12/03/2014 38 9.55 172,500 800

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2877



Acquired/ Disposed


Trust Units Brasseur, Jeremy 6 11/03/2014 10 9.55 368,500 -1,500


Trust Units Brasseur, Jeremy 6 12/03/2014 10 9.6 366,500 -2,000

American Vanadium Corp. Common Shares Dundee Corporation 3 06/03/2014 11 0.4 16,000,000 10,000,000 American Vanadium Corp. Warrants Dundee Corporation 3 06/03/2014 11 0.6 11,000,000 5,000,000 Amerigo Resources Ltd Common Shares Dean, Steven G 4, 5 06/03/2014 10 0.5 -1,500 -1,500 Amerigo Resources Ltd Common Shares Dean, Steven G 4, 5 10/03/2014 51 0.31 0 1,500 Amerigo Resources Ltd Options Dean, Steven G 4, 5 10/03/2014 51 0.31 946,000 -1,500 Amica Mature Lifestyles Inc. Common Shares Allen, Brenda 5 12/03/2014 30 7.529 6,986 209 Amica Mature Lifestyles Inc. Common Shares Salgado, Claudia 5 12/03/2014 30 7.529 14,684 209 Amorfix Life Sciences Ltd. Options Black, Hans 4 08/03/2014 50 560,000 Amorfix Life Sciences Ltd. Options Black, Hans 4 08/03/2014 50 950,000 560,000 Amorfix Life Sciences Ltd. Options Cashman, Neil 5 08/03/2014 50 260,000 Amorfix Life Sciences Ltd. Options Cashman, Neil 5 08/03/2014 50 651,000 260,000 Amorfix Life Sciences Ltd. Common Shares Copeland, William Abbott 4 08/03/2014 00 1,500,000 Amorfix Life Sciences Ltd. Options Copeland, William Abbott 4 08/03/2014 00 Amorfix Life Sciences Ltd. Options Copeland, William Abbott 4 08/03/2014 50 1,000,000 1,000,000 Amorfix Life Sciences Ltd. Warrants Copeland, William Abbott 4 08/03/2014 00 1,500,000 Amorfix Life Sciences Ltd. Options GUNDEL, ROBERT 4, 5 08/03/2014 50 1,940,000 560,000 Amorfix Life Sciences Ltd. Options Mekouar, Aziz 4 08/03/2014 50 60,000 Amorfix Life Sciences Ltd. Options Mekouar, Aziz 4 08/03/2014 50 450,000 60,000 Amorfix Life Sciences Ltd. Options Roth, Johannes Minho 4 08/03/2014 50 60,000 Amorfix Life Sciences Ltd. Options Roth, Johannes Minho 4 08/03/2014 50 2,060,000 60,000 Amorfix Life Sciences Ltd. Common Shares Wyman, William Williams 4 08/03/2014 00 1,000,000 Amorfix Life Sciences Ltd. Options Wyman, William Williams 4 08/03/2014 00 Amorfix Life Sciences Ltd. Options Wyman, William Williams 4 08/03/2014 50 1,000,000 1,000,000 Amorfix Life Sciences Ltd. Warrants Wyman, William Williams 4 08/03/2014 00 1,000,000 Anconia Resources Corp. Common Shares Brewster, Jason Allen Ross 4, 5 10/03/2014 10 0.07 1,140,000 20,000 Anconia Resources Corp. Common Shares Brewster, Jason Allen Ross 4, 5 11/03/2014 10 0.075 1,170,000 30,000 Anconia Resources Corp. Common Shares Brewster, Jason Allen Ross 4, 5 14/03/2014 10 0.075 1,180,000 10,000 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 29/11/2013 00 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 27/02/2014 10 0.035 6,000 6,000 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 03/03/2014 10 0.04 31,000 25,000 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 05/03/2014 10 0.042 119,000 88,000 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 06/03/2014 10 0.04 179,000 60,000 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 10/03/2014 10 0.035 196,000 17,000 AndeanGold Ltd. Common Shares Cachia, Michael Patrick 4 10/03/2014 10 0.035 222,000 26,000 AndeanGold Ltd. Common Shares CIALI, ANTHONY FRANCIS 4, 5 10/03/2014 10 0.04 1,569,567 3,000 Aqua-Pure Ventures Inc. Common Shares Teja, Karim 5 13/03/2014 10 0.155 41,500 41,500 Argent Energy Trust Convertible Debentures

AET.DB.A Bovingdon, Sean 5 01/08/2012 00

Argent Energy Trust Convertible Debentures AET.DB.A

Bovingdon, Sean 5 07/03/2014 10 84.5 $130 $130

Argent Energy Trust Convertible Debentures AET.DB.A Series

Prokop, Brian 4 01/08/2012 00

Argent Energy Trust Convertible Debentures AET.DB.A Series

Prokop, Brian 4 07/03/2014 10 84.493 $590 $590

ARRIS HOLDINGS INC. Common Shares Class A gurfinkel, mikhail 4 21/11/2013 00 ARRIS HOLDINGS INC. Common Shares Class A gurfinkel, mikhail 4 26/02/2014 10 0.1217 18,000 18,000 ARRIS HOLDINGS INC. Common Shares Class A gurfinkel, mikhail 4 14/03/2014 10 0.076 142,000 124,000 Artis Real Estate Investment Trust

Options Green, James 5 11/03/2014 51 11.28 460,000 -2,000

Artis Real Estate Investment Trust

Restricted Units Green, James 5 14/03/2014 50 15.66 25,523 13







Insider Reporting

March 20, 2014

(2014), 37 OSCB 2878



Acquired/ Disposed


Units Green, James 5 11/03/2014 51 11.28 43,000 2,000


Restricted Units Martens, Armin 4, 5 14/03/2014 50 15.66 117,985 32








Restricted Units Stevens, Kirsty Dawn 5 14/03/2014 50 15.66 10,431 4







Aston Hill Financial Inc. Common Shares Bineau, Andre 4 18/02/2014 51 0.32 266,666 16,666 Aston Hill Financial Inc. Common Shares Bineau, Andre 4 18/02/2014 51 0.76 283,333 16,667 Aston Hill Financial Inc. Options Bineau, Andre 4 18/02/2014 51 0.32 133,333 -16,666 Aston Hill Financial Inc. Options Bineau, Andre 4 18/02/2014 51 0.76 116,666 -16,667 Astorius Resources Ltd. Common Shares Arbutus Enterprises Ltd. 3 11/03/2014 10 0.09 2,077,500 19,000 Astorius Resources Ltd. Common Shares Powell, Jason 4 11/03/2014 10 0.09 92,000 1,000 Astorius Resources Ltd. Common Shares Powell, Jason 4 11/03/2014 10 0.11 93,000 1,000 Astorius Resources Ltd. Common Shares Powell, Theodore James

Malcolm 4, 6, 5 11/03/2014 10 0.09 2,062,500 19,000

Ateba Resources Inc. Common Shares Dickie, William Paul 4, 5 06/07/1998 00 194,000 Athabasca Oil Corporation Common Shares Korsant, Philip B. 3 05/03/2014 10 8.5 58,198,750 -287,000 Athabasca Oil Corporation Common Shares Korsant, Philip B. 3 06/03/2014 10 8.559 57,802,050 -396,700 Athabasca Oil Corporation Common Shares Korsant, Philip B. 3 07/03/2014 10 8.496 57,697,950 -104,100 Athabasca Oil Corporation Common Shares Korsant, Philip B. 3 11/03/2014 10 8.294 57,172,950 -525,000 Atlas Financial Holdings, Inc. Common Shares DiMaggio, Leslie Patterson 7 06/03/2014 46 13.26 50,738 6,500 Atlas Financial Holdings, Inc. Options DiMaggio, Leslie Patterson 7 06/03/2014 50 51,834 28,500 Atlas Financial Holdings, Inc. Common Shares Giles, Bruce Wayne 7 06/03/2014 46 13.26 45,437 6,800 Atlas Financial Holdings, Inc. Options Giles, Bruce Wayne 7 06/03/2014 50 51,834 28,500 Atlas Financial Holdings, Inc. Common Shares Romano, Paul 5 06/03/2014 46 13.26 50,060 7,500 Atlas Financial Holdings, Inc. Options Romano, Paul 5 06/03/2014 50 61,668 35,000 Atlas Financial Holdings, Inc. Common Shares Shugrue, Joseph Raymond 7 06/03/2014 46 13.26 48,770 6,400 Atlas Financial Holdings, Inc. Options Shugrue, Joseph Raymond 7 06/03/2014 50 51,834 28,500 Atlas Financial Holdings, Inc. Common Shares Wollney, Scott David 5 06/03/2014 46 13.26 199,739 10,500 Atlas Financial Holdings, Inc. Options Wollney, Scott David 5 06/03/2014 50 91,168 54,500 Augusta Industries Inc. (formerly Fiber Optic Systems Technology, Inc.)

Common Shares LONE, ALLEN 3, 4, 6, 5 10/03/2014 10 0.115 2,146,500 3,000

Augusta Industries Inc. (formerly Fiber Optic Systems Technology, Inc.)

Common Shares LONE, ALLEN 3, 4, 6, 5 12/03/2014 10 0.13 2,148,500 2,000

Aurora Oil & Gas Limited Options Brooks, Douglas 4 18/10/2012 00 Aurora Oil & Gas Limited Options Brooks, Douglas 4 18/10/2012 00 750,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 10/12/2012 10 3.61 7,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 10/12/2012 10 3.61 7,000 7,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 14/12/2012 10 3.84 7,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 14/12/2012 10 3.84 14,000 7,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 16/05/2013 10 2.85 16,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 16/05/2013 10 2.85 30,000 16,000 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 29/11/2013 57 60,764 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 29/11/2013 57 90,764 60,764 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 13/02/2014 57 6,409 Aurora Oil & Gas Limited Ordinary Shares Brooks, Douglas 4 13/02/2014 57 97,173 6,409 Aurora Oil & Gas Limited Ordinary Shares Dowland, Graham 4, 5 13/02/2014 57 23,635 Aurora Oil & Gas Limited Ordinary Shares Dowland, Graham 4, 5 13/02/2014 57 223,635 23,635

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2879



Acquired/ Disposed

Aurora Oil & Gas Limited Ordinary Shares Harris, Fiona 4 16/11/2012 10 3.699 10,000 Aurora Oil & Gas Limited Ordinary Shares Harris, Fiona 4 16/11/2012 10 3.699 110,000 10,000 Aurora Oil & Gas Limited Ordinary Shares Harris, Fiona 4 13/01/2014 90 -40,000 Aurora Oil & Gas Limited Ordinary Shares Harris, Fiona 4 13/01/2014 90 0 -40,000 Aurora Oil & Gas Limited Ordinary Shares Molson, Frederick William 4 09/12/2011 10 3.35 100,000 Aurora Oil & Gas Limited Ordinary Shares Molson, Frederick William 4 09/12/2011 10 3.35 1,212,455 100,000 Aurora Oil & Gas Limited Ordinary Shares Stewart, Jonathan Kingsley 4, 5 13/02/2014 57 85,638 Aurora Oil & Gas Limited Ordinary Shares Stewart, Jonathan Kingsley 4, 5 13/02/2014 57 2,060,638 85,638 Aurora Oil & Gas Limited Ordinary Shares Verm, Michael Lloyd 5 27/06/2013 10 2.72 16,000 Aurora Oil & Gas Limited Ordinary Shares Verm, Michael Lloyd 5 27/06/2013 10 2.72 30,700 16,000 Aurora Oil & Gas Limited Ordinary Shares Verm, Michael Lloyd 5 13/02/2014 57 9,023 Aurora Oil & Gas Limited Ordinary Shares Verm, Michael Lloyd 5 13/02/2014 57 39,723 9,023 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 13/06/2012 10 3.1 3,000 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 13/06/2012 10 3.1 8,000 3,000 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 07/12/2012 10 3.51 2,000 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 07/12/2012 10 3.51 10,000 2,000 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 19/06/2013 10 2.75 2,000 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 19/06/2013 10 2.75 12,000 2,000 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 13/02/2014 57 7,721 Aurora Oil & Gas Limited Ordinary Shares Wasylucha, Darren Wade 5 13/02/2014 57 19,721 7,721 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 08/05/2013 90 -952,381 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 08/05/2013 90 0 -952,381 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 28/06/2012 11 3.6841 97,619 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 28/06/2012 11 3.6841 97,619 97,619 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 23/05/2013 90 -97,619 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 23/05/2013 90 0 -97,619 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 23/05/2013 90 97,619 Aurora Oil & Gas Limited Ordinary Shares Watson, Alan JD 4 23/05/2013 90 1,050,000 97,619 Avanti Energy Inc. Common Shares Lokash, Brent 4, 5 18/04/2012 16 0.12 900,000 200,000 Avanti Energy Inc. Common Shares Lokash, Brent 4, 5 14/06/2013 54 800,000 400,000 Avanti Energy Inc. Common Shares Lokash, Brent 4, 5 10/03/2014 11 400,000 -400,000 Avanti Energy Inc. Warrants Lokash, Brent 4, 5 04/07/2011 00 Avanti Energy Inc. Warrants Lokash, Brent 4, 5 18/04/2012 16 200,000 200,000 Avanti Energy Inc. Warrants Lokash, Brent 4, 5 04/07/2011 00 Avanti Energy Inc. Warrants Lokash, Brent 4, 5 18/04/2012 16 400,000 400,000 Avanti Energy Inc. Warrants Lokash, Brent 4, 5 14/06/2013 54 0 -400,000 Avivagen Inc. Common Shares Groome, Cameron Lionel 4, 5 12/03/2014 10 0.065 259,000 20,000 Axia NetMedia Corporation Common Shares Phillips, Robert L. 4 13/03/2014 51 1.78 75,000 10,000 Axia NetMedia Corporation Options Phillips, Robert L. 4 13/03/2014 51 30,000 -10,000 B2Gold Corp. Common Shares Craig, Dale Alton 5 14/03/2014 10 3.61 0 -30,700 Badger Daylighting Ltd. Deferred Shares Dillon, Derek Terrence 5 31/12/2013 56 18,185 2,343 Badger Daylighting Ltd. Deferred Shares Dillon, Derek Terrence 5 31/12/2013 30 18,587 402 Badger Daylighting Ltd. Deferred Shares Dillon, Derek Terrence 5 27/01/2014 37 55,761 5,490 Badger Daylighting Ltd. Deferred Shares Kelly, Greg 5 31/12/2013 56 25,947 3,386 Badger Daylighting Ltd. Deferred Shares Kelly, Greg 5 31/12/2013 30 26,518 571 Badger Daylighting Ltd. Deferred Shares Kelly, Greg 5 27/01/2014 37 79,554 7,914 Badger Daylighting Ltd. Deferred Shares Kelly, John 5 31/12/2013 56 6,370 3,073 Badger Daylighting Ltd. Deferred Shares Kelly, John 5 31/12/2013 30 6,497 127 Badger Daylighting Ltd. Deferred Shares Kelly, John 5 27/01/2014 37 19,491 6,400 Badger Daylighting Ltd. Deferred Shares Wilson, Tor David 4, 5 31/12/2013 56 50,007 6,449 Badger Daylighting Ltd. Deferred Shares Wilson, Tor David 4, 5 31/12/2013 30 51,111 1,104 Badger Daylighting Ltd. Deferred Shares Wilson, Tor David 4, 5 27/01/2014 37 22,659 Badger Daylighting Ltd. Deferred Shares Wilson, Tor David 4, 5 27/01/2014 37 153,333 15,106 Ballard Power Systems Inc. Common Shares Guglielmin, Anthony Robert 5 10/03/2014 51 1.8 206,436 50,000 Ballard Power Systems Inc. Common Shares Guglielmin, Anthony Robert 5 10/03/2014 10 6.54 156,436 -50,000 Ballard Power Systems Inc. Options Guglielmin, Anthony Robert 5 10/03/2014 51 1.8 269,069 -50,000 Ballard Power Systems Inc. Common Shares Guzy, Christopher 5 10/03/2014 51 2.1 249,150 103,448 Ballard Power Systems Inc. Common Shares Guzy, Christopher 5 10/03/2014 10 7.45 145,702 -103,448

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2880



Acquired/ Disposed

Ballard Power Systems Inc. Options Guzy, Christopher 5 10/03/2014 51 2.1 167,725 -103,448 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 07/03/2014 51 2.4 11,621 5,000 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 07/03/2014 10 5.7 6,621 -5,000 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 10/03/2014 10 5.7 -5,000 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 10/03/2014 51 5.08 15,121 8,500 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 10/03/2014 10 6.8805 6,621 -8,500 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 10/03/2014 51 2.1 16,621 10,000 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 10/03/2014 51 1.22 24,954 8,333 Ballard Power Systems Inc. Common Shares HILLIER, KERRY BRENT 5 10/03/2014 10 6.54 0 -24,954 Ballard Power Systems Inc. Options HILLIER, KERRY BRENT 5 10/03/2014 51 2.4 90,800 -5,000 Ballard Power Systems Inc. Options HILLIER, KERRY BRENT 5 10/03/2014 51 5.08 82,300 -8,500 Ballard Power Systems Inc. Options HILLIER, KERRY BRENT 5 10/03/2014 51 2.1 72,300 -10,000 Ballard Power Systems Inc. Options HILLIER, KERRY BRENT 5 10/03/2014 51 1.22 63,967 -8,333 Ballard Power Systems Inc. Common Shares Murray, Jay Francis 5 10/03/2014 10 7.71 3,300 -545 Ballard Power Systems Inc. Common Shares Murray, Jay Francis 5 10/03/2014 10 7.73 0 -3,300 Ballard Power Systems Inc. Common Shares Murray, Jay Francis 5 10/03/2014 51 1.22 8,333 8,333 Ballard Power Systems Inc. Common Shares Murray, Jay Francis 5 10/03/2014 10 6.54 0 -8,333 Ballard Power Systems Inc. Common Shares Murray, Jay Francis 5 10/03/2014 51 5.08 14,000 14,000 Ballard Power Systems Inc. Common Shares Murray, Jay Francis 5 10/03/2014 10 7.9 0 -14,000 Ballard Power Systems Inc. Options Murray, Jay Francis 5 10/03/2014 51 5.08 -8,333 Ballard Power Systems Inc. Options Murray, Jay Francis 5 10/03/2014 51 1.22 81,501 -8,333 Ballard Power Systems Inc. Options Murray, Jay Francis 5 10/03/2014 51 5.08 67,501 -14,000 Ballard Power Systems Inc. Common Shares Sheridan, John W. 4 10/03/2014 51 2.1 554,470 114,943 Ballard Power Systems Inc. Common Shares Sheridan, John W. 4 10/03/2014 10 6.7937 439,527 -114,943 Ballard Power Systems Inc. Common Shares Sheridan, John W. 4 10/03/2014 51 1.22 481,193 41,666 Ballard Power Systems Inc. Common Shares Sheridan, John W. 4 10/03/2014 10 6.9 439,527 -41,666 Ballard Power Systems Inc. Common Shares Sheridan, John W. 4 10/03/2014 51 2.4 539,527 100,000 Ballard Power Systems Inc. Common Shares Sheridan, John W. 4 10/03/2014 10 7.857 439,527 -100,000 Ballard Power Systems Inc. Options Sheridan, John W. 4 10/03/2014 51 2.1 622,383 -114,943 Ballard Power Systems Inc. Options Sheridan, John W. 4 10/03/2014 51 1.22 580,717 -41,666 Ballard Power Systems Inc. Options Sheridan, John W. 4 10/03/2014 51 2.4 480,717 -100,000 Bank of Montreal Common Shares Babiak, Jan 4 23/10/2012 00 Bank of Montreal Common Shares Babiak, Jan 4 12/03/2014 10 65.92 500 500 Bank of Nova Scotia, The Common Shares Hart, Stephen Peter 5 11/03/2014 51 39 64,765 8,076 Bank of Nova Scotia, The Common Shares Hart, Stephen Peter 5 11/03/2014 10 64.186 56,689 -8,076 Bank of Nova Scotia, The Options Hart, Stephen Peter 5 11/03/2014 51 242,316 -8,076 Bank of Nova Scotia, The Rights Performance Share

Units (PSU) McDonald, Stephen 7 07/03/2014 56 105,590 23,783

Bank of Nova Scotia, The Common Shares McGuckin, Sean 5 11/03/2014 51 39 40,240 6,540 Bank of Nova Scotia, The Common Shares McGuckin, Sean 5 11/03/2014 10 64.823 33,700 -6,540 Bank of Nova Scotia, The Options McGuckin, Sean 5 11/03/2014 51 196,616 -6,540 Banro Corporation Common Shares Gramercy Funds

Management LLC 3 28/02/2014 00 273,950

Banro Corporation Common Shares Gramercy Funds Management LLC

3 28/02/2014 00 3,652,250


3 28/02/2014 00 1,255,000


3 28/02/2014 00 130,417


3 28/02/2014 00 3,300,000

Banro Corporation Exchangeable Preferred Shares

Gramercy Funds Management LLC

3 28/02/2014 00 500



3 28/02/2014 00 20,000



3 28/02/2014 00 2,106



3 28/02/2014 00 144



3 28/02/2014 00 600

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2881



Acquired/ Disposed



3 28/02/2014 00 16,650

Banyan Gold Corp. (Formerly Banyan Coast Capital Corp.)

Common Shares Class "A"

Graham, Richmond Edward Mayson

4, 5 07/03/2014 10 0.08 828,000 5,000

Banyan Gold Corp. (Formerly Banyan Coast Capital Corp.)

Common Shares Class "A"

Graham, Richmond Edward Mayson

4, 5 14/03/2014 10 0.055 834,000 6,000

Bauer Performance Sports Ltd.

Deferred Share Units Jacobi, Charles Michael 4 03/03/2014 56 8,404 2,176


Deferred Share Units Lavoie, Paul Arther 4 03/03/2014 56 3,387 2,218


Deferred Share Units Mannelly, Matthew Mark 4 03/03/2014 56 1,693 1,109


Deferred Share Units McDonell, Bernard J. 4, 5 03/03/2014 56 10,796 2,415


Deferred Share Units Nicholson, Robert Grant 4 03/03/2014 56 4,131 1,088

Bear Lake Gold Ltd. Options Viens, Francois 4 01/01/2014 52 1,895,000 -500,000 Bengal Energy Ltd. Common Shares Blanchard, Jerrad James 5 03/03/2014 30 0.465 7,191 2,581 Bengal Energy Ltd. Common Shares Blanchard, Jerrad James 5 03/03/2014 30 0.465 10,787 3,871 Bengal Energy Ltd. Common Shares Chakrabarty, Chayan 4, 5 03/03/2014 30 0.465 570,503 4,659 Bengal Energy Ltd. Common Shares Chakrabarty, Chayan 4, 5 11/03/2014 51 0.36 670,503 100,000 Bengal Energy Ltd. Common Shares Chakrabarty, Chayan 4, 5 03/03/2014 30 0.465 40,071 3,584 Bengal Energy Ltd. Options Chakrabarty, Chayan 4, 5 11/03/2014 51 602,500 -100,000 Bengal Energy Ltd. Common Shares Edgar, Richard Norman 5 13/03/2014 51 0.36 50,000 Bengal Energy Ltd. Common Shares Edgar, Richard Norman 5 29/11/2002 00 Bengal Energy Ltd. Common Shares Edgar, Richard Norman 5 13/03/2014 51 0.36 50,000 50,000 Bengal Energy Ltd. Options Edgar, Richard Norman 5 13/03/2014 51 260,000 -50,000 Bengal Energy Ltd. Common Shares Howe, James Brian 4 11/03/2014 51 0.36 365,000 60,000 Bengal Energy Ltd. Options Howe, James Brian 4 11/03/2014 51 0.36 267,500 -60,000 Bengal Energy Ltd. Common Shares MacMahon, Gordon R 5 03/03/2014 30 0.465 36,750 6,452 Bengal Energy Ltd. Common Shares Towers, Ian James 4 12/03/2014 51 0.36 50,000 Bengal Energy Ltd. Common Shares Towers, Ian James 4 23/11/2005 00 Bengal Energy Ltd. Common Shares Towers, Ian James 4 12/03/2014 51 0.36 50,000 50,000 Bengal Energy Ltd. Options Towers, Ian James 4 12/03/2014 51 275,000 -50,000 Biosign Technologies Inc. Common Shares Neill, John Brian 4 07/02/2014 00 300,000 Biosign Technologies Inc. Options Neill, John Brian 4 07/02/2014 00 600,000 Biosign Technologies Inc. Warrants Neill, John Brian 4 07/02/2014 00 300,000 Birchcliff Energy Ltd. Options Bosman, Myles 5 27/01/2014 50 8.63 648,000 140,000 Birchcliff Energy Ltd. Options Carlsen, Christopher

Andrew 5 27/01/2014 50 8.63 712,200 140,000

Birchcliff Energy Ltd. Common Shares Geremia, Bruno P. 5 04/12/2013 51 5.03 140,000 Birchcliff Energy Ltd. Common Shares Geremia, Bruno P. 5 04/12/2013 51 5.03 70,000 70,000 Birchcliff Energy Ltd. Common Shares Geremia, Bruno P. 5 04/12/2013 10 7.3009 -140,000 Birchcliff Energy Ltd. Common Shares Geremia, Bruno P. 5 04/12/2013 10 7.3009 0 -70,000 Birchcliff Energy Ltd. Options Geremia, Bruno P. 5 22/01/2013 52 7.38 -111,000 Birchcliff Energy Ltd. Options Geremia, Bruno P. 5 22/01/2013 52 7.38 411,500 -55,500 Birchcliff Energy Ltd. Options Geremia, Bruno P. 5 04/12/2013 51 5.03 -140,000 Birchcliff Energy Ltd. Options Geremia, Bruno P. 5 04/12/2013 51 5.03 452,500 -70,000 Birchcliff Energy Ltd. Options Geremia, Bruno P. 5 27/01/2014 50 8.63 592,500 140,000 Birchcliff Energy Ltd. Common Shares Humphreys, David 5 13/03/2014 10 10.196 13,800 10,000 Birchcliff Energy Ltd. Options Humphreys, David 5 27/01/2014 50 8.63 973,000 140,000 Birchcliff Energy Ltd. Common Shares Surbey, James William 5 18/01/2005 00 Birchcliff Energy Ltd. Common Shares Surbey, James William 5 27/08/2013 90 3,500 3,500 Birchcliff Energy Ltd. Common Shares Surbey, James William 5 27/08/2013 90 0 -3,500 Birchcliff Energy Ltd. Options Surbey, James William 5 27/01/2014 50 8.63 648,000 140,000 Birchcliff Energy Ltd. Preferred Shares Series C

(Cumulative Redeemable) Surbey, James William 5 13/03/2014 10 25.31 6,100 100

Birchcliff Energy Ltd. Options Tonken, Aaron Jeffery 4, 5 27/01/2014 50 8.63 648,000 140,000 Black Diamond Group Limited

Common Shares Wagemakers, Robert 4 14/03/2014 10 71,043 -31,500

Black Iron Inc. Common Shares Pettigrew, Pierre Stewart 4 02/02/2014 16 0.17 175,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2882



Acquired/ Disposed

Black Iron Inc. Common Shares Pettigrew, Pierre Stewart 4 20/02/2014 16 0.17 737,500 175,000 BlackPearl Resources Inc. Common Shares Edgar, Brian Douglas 4 10/03/2014 51 0.63 587,500 200,000 BlackPearl Resources Inc. Options Edgar, Brian Douglas 4 10/03/2014 51 0.63 470,000 -200,000 BlackPearl Resources Inc. Options Edgar, Brian Douglas 4 10/03/2014 10 2.45 444,400 -25,600 BlackPearl Resources Inc. Common Shares Luhowy, Victor M. 4 05/03/2014 10 2.63 193,201 -23,600 BLF Real Estate Investment Trust

Units Tawse, Moray 5 06/12/2013 00

BLF Real Estate Investment Trust

Units Tawse, Moray 5 10/03/2014 10 5.9 1,100 1,100

BLF Real Estate Investment Trust

Units Tawse, Moray 5 13/03/2014 10 6 2,200 1,100

Blue Ribbon Income Fund (formerly Citadel Diversified Investment Trust)

Trust Units Blue Ribbon Income Fund 1 03/02/2014 38 11.4 3,000 3,000


Trust Units Blue Ribbon Income Fund 1 03/02/2014 38 11.4 0 -3,000


























Trust Units Blue Ribbon Income Fund 1 20/02/2014 38 11.67 800 800


Trust Units Blue Ribbon Income Fund 1 20/02/2014 38 11.67 0 -800







Insider Reporting

March 20, 2014

(2014), 37 OSCB 2883



Acquired/ Disposed




Trust Units Blue Ribbon Income Fund 1 27/02/2014 38 11.63 800 800


Trust Units Blue Ribbon Income Fund 1 27/02/2014 38 11.63 0 -800





BlueRush Media Group Corp. (formerly Soyers Capital Limited)

Common Shares Lubin, Laurence 4 10/03/2014 10 0.18 11,837,625 1,000

Bold Ventures Inc. Common Shares Nemis, Richard 4 10/03/2014 10 0.045 4,138,247 300,000 Bonavista Energy Corporation

Common Share Rights (TURIPS)

Hamilton, Glenn A. 5 01/07/2013 58 - Expiration

of rights

19.23 82,500 -6,250

Bonavista Energy Corporation



of rights

26.97 73,500 -9,000




of rights

22.52 67,250 -6,250


Options Hamilton, Glenn A. 5 01/07/2013 52 19.23 -6,250







Hanson, Scott Harlan 5 01/07/2013 58 - Expiration

of rights

19.23 60,750 -4,750




of rights

26.97 57,750 -3,000




of rights

22.52 48,000 -4,750



Hanson, Scott Harlan 5 03/03/2014 57 14.36 -5,000






Hanson, Scott Harlan 5 03/03/2014 57 14.36 43,000 -5,000




of rights

8.33 -200



Hanson, Scott Harlan 5 03/03/2014 57 8.33 -200



Hanson, Scott Harlan 5 03/03/2014 57 15.85 -200

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2884



Acquired/ Disposed



Hanson, Scott Harlan 5 03/03/2014 57 8.33 42,800 -200









Hanson, Scott Harlan 5 03/03/2014 57 8.33 35,500 -7,300


Common Shares Hanson, Scott Harlan 5 03/03/2014 51 14.36 5,000






Common Shares Hanson, Scott Harlan 5 03/03/2014 57 14.36 25,987 5,000


Common Shares Hanson, Scott Harlan 5 03/03/2014 51 8.33 200






Common Shares Hanson, Scott Harlan 5 03/03/2014 57 8.33 21,187 200


Common Shares Hanson, Scott Harlan 5 03/03/2014 10 8.33 -200


Common Shares Hanson, Scott Harlan 5 03/03/2014 10 15.85 20,987 -200








Common Shares Hanson, Scott Harlan 5 03/03/2014 57 8.33 28,287 7,300


Common Shares Hanson, Scott Harlan 5 03/03/2014 10 8.33 -7,300


Common Shares Hanson, Scott Harlan 5 03/03/2014 10 15.71 20,987 -7,300


Options Hanson, Scott Harlan 5 01/07/2013 52 19.23 -4,750








Options Hanson, Scott Harlan 5 03/03/2014 51 8.33 -200





Jensen, Bruce Wayne 5 01/07/2013 58 - Expiration

of rights

19.23 47,652 -4,500




of rights

26.97 43,902 -3,750




of rights

22.52 39,402 -4,500


Options Jensen, Bruce Wayne 5 01/07/2013 52 19.23 -4,500

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2885



Acquired/ Disposed







Kobelka, Dean Mark 5 01/07/2013 58 - Expiration

of rights

19.23 65,500 -5,000




of rights

26.97 59,000 -6,500




of rights

22.52 54,000 -5,000



Kobelka, Dean Mark 5 13/03/2014 57 8.33 45,100 -1,400








Common Shares Kobelka, Dean Mark 5 13/03/2014 57 8.33 56,654 1,400


Common Shares Kobelka, Dean Mark 5 13/03/2014 10 15.77 55,254 -1,400




Common Shares Kobelka, Dean Mark 5 13/03/2014 10 15.76 1,200








Options Kobelka, Dean Mark 5 01/07/2013 52 19.23 -5,000







MacPhail, Keith A.J. 4, 5 01/07/2013 58 - Expiration

of rights

19.23 52,500 -6,250




of rights

26.97 45,000 -7,500




of rights

22.52 38,750 -6,250


Options MacPhail, Keith A.J. 4, 5 01/07/2013 52 19.23 -6,250





Insider Reporting

March 20, 2014

(2014), 37 OSCB 2886



Acquired/ Disposed



Merkel, Wayne Edward 5 02/07/2013 58 - Expiration

of rights

26.97 43,902 -3,750



Merkel, Wayne Edward 5 02/01/2014 58 - Expiration

of rights

22.52 39,402 -4,500


Options Merkel, Wayne Edward 5 02/07/2013 52 26.97 -3,750


Options Merkel, Wayne Edward 5 02/01/2014 52 22.52 -4,500



Poelzer, Ronald J.M. 4, 5 01/07/2013 58 - Expiration

of rights

19.23 90,000 -6,250




of rights

26.97 82,500 -7,500




of rights

22.52 76,250 -6,250


Options Poelzer, Ronald J.M. 4, 5 01/07/2013 52 19.23 -6,250







Robinson, Lynda Julie 5 01/07/2013 58 - Expiration

of rights

19.23 47,500 -3,750




of rights

26.97 42,500 -5,000




of rights

22.52 38,750 -3,750


Options Robinson, Lynda Julie 5 01/07/2013 52 19.23 -3,750







Skehar, Jason Edward 4, 5 01/07/2013 58 - Expiration

of rights

19.23 108,000 -9,375




of rights

26.97 99,000 -9,000




of rights

22.52 89,625 -9,375

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2887



Acquired/ Disposed



Skehar, Jason Edward 4, 5 06/03/2014 57 8.33 67,125 -22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 51 15.96 22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 51 15.96 22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 10 15.96 -22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 10 15.96 -22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 58 - Expiration

of rights

8.33 22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 57 8.33 119,823 22,500


Common Shares Skehar, Jason Edward 4, 5 06/03/2014 10 15.96 97,323 -22,500


Options Skehar, Jason Edward 4, 5 01/07/2013 52 19.23 -9,375











Spence, Harold R. 5 01/07/2013 58 - Expiration

of rights

19.23 56,750 -4,625




of rights

26.97 51,750 -5,000




of rights

22.52 47,125 -4,625


Options Spence, Harold R. 5 01/07/2013 52 19.23 -4,625





Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 51 6.4 250,446 Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 51 6.4 250,446 Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 51 9.64 200,004 Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 51 9.64 200,004 Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 51 6.4 262,651 250,446 Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 51 9.64 462,655 200,004 Boralex Inc. Common Shares Lemaire, Bernard 6 10/03/2014 10 12.853 12,205 -450,450 Boralex Inc. Options Options d'achat

d'actions ordinaires Lemaire, Bernard 6 10/03/2014 51 6.4 -250,446

Boralex Inc. Options Options d'achat d'actions ordinaires

Lemaire, Bernard 6 10/03/2014 51 6.4 -250,446


Lemaire, Bernard 6 10/03/2014 51 9.64 -200,004


Lemaire, Bernard 6 10/03/2014 51 9.64 -200,004


Lemaire, Bernard 6 10/03/2014 51 9.64 -200,004

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2888



Acquired/ Disposed


Lemaire, Bernard 6 10/03/2014 51 9.64 -200,004


Lemaire, Bernard 6 10/03/2014 51 9.64 -200,004


Lemaire, Bernard 6 10/03/2014 51 9.64 -200,004


Lemaire, Bernard 6 10/03/2014 51 6.4 745,670 -250,446


Lemaire, Bernard 6 10/03/2014 51 9.64 545,666 -200,004

Boston Pizza Royalties Income Fund

Class B Partnership Units Boston Pizza International Inc.

3 07/03/2014 36 21.258 -2,036,135



3 07/03/2014 36 21.258 4,783,397 -2,036,135



3 10/03/2014 36 21.258 -2,036,135


Units Boston Pizza International Inc.

3 07/03/2014 11 21.258 790,006 790,006


Units Boston Pizza International Inc.

3 10/03/2014 11 21.1 0 -790,006


Units Special Voting Units Boston Pizza International Inc.

3 17/03/2010 38 0.001 32,818 -17,627



3 23/11/2012 38 0.001 21,731 -11,087



3 07/03/2014 38 0.001 15,243 -6,488


Class B Partnership Units Melville, George 5 07/03/2014 36 21.258 4,783,397 -2,036,135


Units Melville, George 5 10/03/2014 11 21.1 0 -200,000


Units Melville, George 5 07/03/2014 11 21.258 790,006 790,006




Units Melville, George 5 10/03/2014 11 21.1 250,000




Class B Partnership Units Treliving, Walter James 6 07/03/2014 36 21.258 4,783,397 -2,036,135


Units Treliving, Walter James 6 07/03/2014 11 21.258 790,006 790,006


Units Treliving, Walter James 6 10/03/2014 11 21.1 0 -790,006


Units Treliving, Walter James 6 10/03/2014 11 21.1 0 -437,500

Brand Leaders Income Fund Units Brand Leaders Income Fund

1 07/03/2014 10 900 900


1 07/03/2014 38 0 -900


1 13/03/2014 10 1,000 1,000


1 13/03/2014 38 0 -1,000

Brompton 2014 Flow-Through Limited Partnership

Limited Partnership Units Brompton Corp. 7 07/03/2014 00


Limited Partnership Units Brompton Corp. 7 07/03/2014 00 14,750


Limited Partnership Units Caranci, Mark A. 4, 5 28/02/2014 15 25 1,200


Limited Partnership Units Caranci, Mark A. 4, 5 07/03/2014 15 25 1,200 1,200


Limited Partnership Units Kikuchi, Craig 5 07/03/2014 15 25 600


Limited Partnership Units Kikuchi, Craig 5 07/03/2014 15 25 600 600

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2889



Acquired/ Disposed


Limited Partnership Units Lau, Laura Wing-Sze 5 28/02/2014 15 25 4,000


Limited Partnership Units Lau, Laura Wing-Sze 5 07/03/2014 15 25 4,000 4,000

Brompton Corp. (formerly Duntroon Energy Ltd.)

Class A Common Shares Eakin, Joan 6 10/03/2014 11 11.66 186,084 16,170


Class A Common Shares Hoffmann, Christopher 4, 6, 7 10/03/2014 11 11.66 186,084 16,170


Class A Common Shares The Braaten Joint Partner Trust

3 10/03/2014 11 11.66 603,918 -16,170

Brookfield Asset Management Inc.

Common Shares Class A Limited Voting

Haick, Jon Steven 5 10/03/2014 00 500



Haick, Jon Steven 5 10/03/2014 00



Haick, Jon Steven 5 10/03/2014 97 37,885 37,885


Options Haick, Jon Steven 5 10/03/2014 00 80,250


Options Haick, Jon Steven 5 10/03/2014 97 652,750 572,500


Restricted Shares Haick, Jon Steven 5 10/03/2014 00


Restricted Shares Haick, Jon Steven 5 10/03/2014 97 20,651 20,651



Pearson, Lori Anne 5 10/03/2014 00



Pearson, Lori Anne 5 10/03/2014 97 37,885 37,885


Deferred Share Units Pearson, Lori Anne 5 10/03/2014 00 15,512


Deferred Share Units Pearson, Lori Anne 5 10/03/2014 97 38,163 22,651


Options Pearson, Lori Anne 5 10/03/2014 00 263,062


Options Pearson, Lori Anne 5 10/03/2014 97 463,563 200,501


Restricted Shares Pearson, Lori Anne 5 10/03/2014 00


Restricted Shares Pearson, Lori Anne 5 10/03/2014 97 61,880 61,880



Shah, Sachin G. 5 10/03/2014 00



Shah, Sachin G. 5 10/03/2014 97 550 550



Shah, Sachin G. 5 10/03/2014 00



Shah, Sachin G. 5 10/03/2014 97 37,885 37,885



Shah, Sachin G. 5 10/03/2014 00 1,447



Shah, Sachin G. 5 10/03/2014 97 1,897 450


Deferred Share Units Shah, Sachin G. 5 10/03/2014 00 10,564


Deferred Share Units Shah, Sachin G. 5 10/03/2014 97 56,322 45,758


Options Shah, Sachin G. 5 10/03/2014 00 530,250


Options Shah, Sachin G. 5 10/03/2014 97 885,200 354,950


Restricted Shares Shah, Sachin G. 5 10/03/2014 00


Restricted Shares Shah, Sachin G. 5 10/03/2014 97 7,391 7,391

Brookfield Renewable Energy Partners L.P.

Unit Appreciation Rights of BPUSHA

BONO, DAVID AARON 7 10/03/2014 56 34,000 15,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2890



Acquired/ Disposed


Options Bood, Patricia Ellen 7 10/03/2014 50 67,900 25,000


Options Bourdon, Madeleine 7 10/03/2014 50 40,750 17,000



Burgess, Jean 7 10/03/2014 00



Burgess, Jean 7 10/03/2014 56 7,200 7,200



Chaubal, Amol 7 10/03/2014 56 45,000 20,000



Smith-Galvin, Julie 7 10/03/2014 00



Smith-Galvin, Julie 7 10/03/2014 56 13,500 13,500

BSM Technologies Inc. Common Shares Bell, John K. 4 12/03/2014 37 114,400 -354,600 BSM Technologies Inc. Common Shares Bell, John K. 4 13/03/2014 51 1.45 36,666 36,666 BSM Technologies Inc. Common Shares Bell, John K. 4 16/01/2013 10 1.32 12,944,618 20,000 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 23/01/2006 00 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 21/02/2014 51 1 4,295,000 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 21/02/2014 51 1 4,295,000 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 21/02/2014 51 1 429,500 429,500 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 15/12/2010 36 422,222 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 15/12/2010 36 422,222 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 15/12/2010 36 5,206,349 4,222,222 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 23/09/2011 11 6,206,349 1,000,000 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 30/08/2012 37 -1,265,635 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 30/08/2012 37 -1,265,715 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 30/08/2012 37 -1,265,715 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 30/08/2012 37 620,635 -5,585,714 BSM Technologies Inc. Common Shares Rahemtulla, Aly 4 30/08/2012 37 12,500 -112,500 BSM Technologies Inc. Options Rahemtulla, Aly 4 30/08/2012 37 1 429,500 -3,865,500 BSM Technologies Inc. Options Rahemtulla, Aly 4 15/01/2013 50 700,000 270,500 BSM Technologies Inc. Options Rahemtulla, Aly 4 21/02/2014 51 1 -4,295,000 BSM Technologies Inc. Options Rahemtulla, Aly 4 21/02/2014 51 1 -4,295,000 BSM Technologies Inc. Options Rahemtulla, Aly 4 21/02/2014 51 1 270,500 -429,500 BSM Technologies Inc. Preferred Shares Series A Rahemtulla, Aly 4 23/01/2006 00 BSM Technologies Inc. Preferred Shares Series A Rahemtulla, Aly 4 24/09/2009 36 4,222,222 BSM Technologies Inc. Preferred Shares Series A Rahemtulla, Aly 4 24/09/2009 36 4,222,222 BSM Technologies Inc. Preferred Shares Series A Rahemtulla, Aly 4 15/12/2010 36 -4,222,222 BSM Technologies Inc. Preferred Shares Series A Rahemtulla, Aly 4 15/12/2010 36 0 -4,222,222 Buccaneer Gold Corp. Options grayston, richard walter 4 21/07/2010 50 200,000 Buccaneer Gold Corp. Options grayston, richard walter 4 21/07/2010 50 200,000 Buccaneer Gold Corp. Options grayston, richard walter 4 21/07/2010 50 200,000 200,000 Buccaneer Gold Corp. Options Swanborough, Kevin 4, 5 21/07/2010 50 250,000 Buccaneer Gold Corp. Options Swanborough, Kevin 4, 5 21/07/2010 50 250,000 Buccaneer Gold Corp. Options Swanborough, Kevin 4, 5 21/07/2010 50 250,000 250,000 Buccaneer Gold Corp. Options Zyla, Paul 4, 5 20/07/2010 50 400,000 Buccaneer Gold Corp. Options Zyla, Paul 4, 5 20/07/2010 50 400,000 400,000 Builders Capital Mortgage Corp.

Non-Voting Shares Class A

Harwardt, Victor 4 06/03/2014 00 1,000

BURCON NUTRASCIENCE CORPORATION

Common Shares Schweizer, Martin Hans 5 10/03/2014 10 4.48 80,574 -1,000

BURCON NUTRASCIENCE CORPORATION

Common Shares Schweizer, Martin Hans 5 10/03/2014 10 4.5 79,674 -900

Burnstone Ventures Inc. Common Shares beukman, eugene 4 07/03/2014 10 0.03 219,339 -50,000 CAE Inc. Common Shares Branco, Sonya 5 10/03/2014 51 12.65 3,633 1,250 CAE Inc. Common Shares Branco, Sonya 5 10/03/2014 10 15.17 2,383 -1,250 CAE Inc. Common Shares Branco, Sonya 5 10/03/2014 51 10.2 5,258 2,875 CAE Inc. Common Shares Branco, Sonya 5 10/03/2014 10 15.17 2,383 -2,875 CAE Inc. Common Shares Branco, Sonya 5 13/03/2014 30 15.17 1,364 -1,019

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2891



Acquired/ Disposed

CAE Inc. Options Employee Stock Option Plan

Branco, Sonya 5 10/03/2014 51 12.65 34,950 -1,250

CAE Inc. Options Employee Stock Option Plan

Branco, Sonya 5 10/03/2014 51 10.2 32,075 -2,875

Calfrac Well Services Ltd. Performance Share Units Aguilar, Fernando 4, 5 10/03/2014 59 36.03 60,000 -20,000 Calfrac Well Services Ltd. RSU Bertolin, Armando Jesus 5 10/03/2014 56 7,917 5,000 Calfrac Well Services Ltd. RSU Bertolin, Oscar Alberto 5 10/03/2014 56 7,917 5,000 Calfrac Well Services Ltd. RSU Bobier, Dwight Merton 5 10/03/2014 56 8,167 5,000 Calfrac Well Services Ltd. RSU Gall, Christopher Kenneth 5 10/03/2014 56 7,600 5,000 Calfrac Well Services Ltd. RSU Kuntz, Roderick Pius 5 10/03/2014 56 7,612 5,000 Calfrac Well Services Ltd. RSU Leier, Chad Jeremy 5 10/03/2014 56 6,733 4,000 Calfrac Well Services Ltd. RSU Link, Lindsay Robert 5 10/03/2014 56 8,667 6,000 Calfrac Well Services Ltd. RSU Marseglia, Umberto 5 10/03/2014 56 7,500 5,000 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 8,638 2,200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.53 6,438 -2,200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,638 200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.52 6,438 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,538 100 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.51 6,438 -100 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,638 200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.5 6,438 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 7,738 1,300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.35 6,438 -1,300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,638 200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.34 6,438 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 20.74 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 20.74 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.31 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.31 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,638 200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.31 6,438 -200 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,738 300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.3 6,438 -300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,538 100 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.29 6,438 -100 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,738 300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.28 6,438 -300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 6,538 100 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.26 6,438 -100 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 51 20.74 13,738 7,300 Calfrac Well Services Ltd. Common Shares Medvedic, Tom 5 10/03/2014 10 36.25 6,438 -7,300 Calfrac Well Services Ltd. Options 2004 Stock

Option Plan Medvedic, Tom 5 10/03/2014 51 20.74 97,800 -2,200

Calfrac Well Services Ltd. Options 2004 Stock Option Plan

Medvedic, Tom 5 10/03/2014 51 20.74 97,600 -200


Medvedic, Tom 5 10/03/2014 51 20.74 97,500 -100


Medvedic, Tom 5 10/03/2014 51 20.74 97,300 -200


Medvedic, Tom 5 10/03/2014 51 20.74 96,000 -1,300


Medvedic, Tom 5 10/03/2014 51 20.74 95,800 -200


Medvedic, Tom 5 10/03/2014 51 20.74 -200


Medvedic, Tom 5 10/03/2014 51 20.74 -200


Medvedic, Tom 5 10/03/2014 51 20.74 95,600 -200

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2892



Acquired/ Disposed


Medvedic, Tom 5 10/03/2014 51 20.74 95,300 -300


Medvedic, Tom 5 10/03/2014 51 20.74 95,200 -100


Medvedic, Tom 5 10/03/2014 51 20.74 94,900 -300


Medvedic, Tom 5 10/03/2014 51 20.74 94,800 -100


Medvedic, Tom 5 10/03/2014 51 20.74 87,500 -7,300

Calfrac Well Services Ltd. RSU Medvedic, Tom 5 10/03/2014 56 8,167 5,000 Calfrac Well Services Ltd. Common Shares Mignault, Matthew 5 10/03/2014 51 20.74 10,050 50 Calfrac Well Services Ltd. Common Shares Mignault, Matthew 5 11/03/2014 10 36.2 10,000 -50 Calfrac Well Services Ltd. Common Shares Mignault, Matthew 5 11/03/2014 51 20.74 13,700 3,700 Calfrac Well Services Ltd. Common Shares Mignault, Matthew 5 11/03/2014 10 36.21 10,000 -3,700 Calfrac Well Services Ltd. Options 2004 Stock

Option Plan Mignault, Matthew 5 11/03/2014 50 20.74 35,500 -50


Mignault, Matthew 5 11/03/2014 51 20.74 31,800 -3,700

Calfrac Well Services Ltd. RSU Mignault, Matthew 5 10/03/2014 56 4,067 1,800 Calfrac Well Services Ltd. RSU Montgomery, Robert 5 10/03/2014 56 8,167 5,000 Calfrac Well Services Ltd. RSU Oke, Edward 5 10/03/2014 56 7,667 5,000 Calfrac Well Services Ltd. RSU Olinek, Michael Dean 5 10/03/2014 56 6,500 4,000 Calfrac Well Services Ltd. Common Shares Paslawski, Basil Mark 5 11/03/2014 51 20.74 7,200 7,200 Calfrac Well Services Ltd. Common Shares Paslawski, Basil Mark 5 11/03/2014 10 36.27 0 -7,200 Calfrac Well Services Ltd. Common Shares Paslawski, Basil Mark 5 11/03/2014 51 20.74 1,800 1,800 Calfrac Well Services Ltd. Common Shares Paslawski, Basil Mark 5 11/03/2014 10 36.26 0 -1,800 Calfrac Well Services Ltd. Common Shares Paslawski, Basil Mark 5 11/03/2014 51 20.74 3,000 3,000 Calfrac Well Services Ltd. Common Shares Paslawski, Basil Mark 5 11/03/2014 10 36.24 0 -3,000 Calfrac Well Services Ltd. Options 2004 Stock

Option Plan Paslawski, Basil Mark 5 11/03/2014 51 20.74 122,050 -7,200


Paslawski, Basil Mark 5 11/03/2014 51 20.74 120,250 -1,800


Paslawski, Basil Mark 5 11/03/2014 51 20.74 117,250 -3,000

Calfrac Well Services Ltd. RSU Paslawski, Basil Mark 5 10/03/2014 56 9,267 6,000 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 8,299 2,400 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36.13 5,899 -2,400 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 5,999 100 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36.11 5,899 -100 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 5,999 100 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36.09 5,899 -100 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 7,099 1,200 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36.075 5,899 -1,200 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 6,199 300 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36.01 5,899 -300 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 10,799 4,900 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36 5,899 -4,900 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 51 20.74 6,899 1,000 Calfrac Well Services Ltd. Common Shares Payne, Frederick Bruce 5 07/03/2014 10 36.025 5,899 -1,000 Calfrac Well Services Ltd. Options 2004 Stock

Option Plan Payne, Frederick Bruce 5 07/03/2014 51 20.74 91,600 -2,400


Payne, Frederick Bruce 5 07/03/2014 51 20.74 91,500 -100




Payne, Frederick Bruce 5 07/03/2014 51 20.74 90,200 -1,200





Insider Reporting

March 20, 2014

(2014), 37 OSCB 2893



Acquired/ Disposed



Calfrac Well Services Ltd. RSU Payne, Frederick Bruce 5 10/03/2014 56 8,167 5,000 Calfrac Well Services Ltd. Performance Share Units Ramsay, Douglas Robert 4 10/03/2014 59 36.03 0 -25,000 Calfrac Well Services Ltd. RSU Rokosh, Gary John 5 10/03/2014 56 6,600 4,000 Calfrac Well Services Ltd. RSU Sutherland, Robert 5 10/03/2014 56 8,067 5,000 Calfrac Well Services Ltd. RSU York, George Leland 5 10/03/2014 56 5,334 4,000 Cameco Corporation Options Assie, George Bernard 5 09/03/2014 52 130,000 -54,000 Cameco Corporation Options Bronkhorst, David Lionel 5 09/03/2014 52 52,706 -3,780 Cameco Corporation Options Chad, Gary Michael Stanley 5 09/03/2014 52 267,200 -40,000 Cameco Corporation Common Shares Dobchuk, James Allan 7 14/03/2014 10 27.29 2,927 1,517 Cameco Corporation Options Dobchuk, James Allan 7 09/03/2014 52 57,735 -6,048 Cameco Corporation Rights Performance Share

Units Dobchuk, James Allan 7 14/03/2014 57 27.29 11,460 -2,206

Cameco Corporation Rights Performance Share Units

Dobchuk, James Allan 7 14/03/2014 58 - Expiration of rights

10,446 -1,014

Cameco Corporation Options Doerksen, David Fehr 5 09/03/2014 52 65,517 -4,536 Cameco Corporation Options Gabruch, Timothy Stephen 5 09/03/2014 52 47,114 -6,048 Cameco Corporation Options Phantom Stock

Options Glattes, Gerhard 7 09/03/2014 52 67,988 -18,900

Cameco Corporation Options Gorsalitz, Caroline Marie 5 09/03/2014 52 48,251 -6,048 Cameco Corporation Common Shares McHardy, Scott 5 13/03/2014 10 27.1 383 -3,416 Cameco Corporation Options McHardy, Scott 5 09/03/2014 52 26,189 -2,268 Cameco Corporation Options Orr, Kelly Lovern 7 09/03/2014 52 52,070 -7,560 Cameco Corporation Options Quinn, Sean Anthony 5 09/03/2014 52 98,757 -25,200 Cameco Corporation Options Seitz, Kenneth Alvin 5 09/03/2014 52 246,370 -6,048 Cameco Corporation Options Steane, Robert Albert 5 09/03/2014 52 410,605 -25,200 Cameco Corporation Options Wong, Alice Louise 5 09/03/2014 52 192,555 -18,900 Canaccord Genuity Group Inc.

Rights Deferred Share Units (DSUs)

Bralver, Charles Norman 4 10/03/2014 56 8.0594 19,689 121

Canaccord Genuity Group Inc.


Carello, Massimo 4 10/03/2014 56 8.0594 9,989 62



Eeuwes, William J. 4 10/03/2014 56 8.0594 19,968 123


Common Shares Evershed, Philip 4 07/03/2014 10 8.15 579,080 -4,600


Common Shares Freeman, Marcus Geoffrey John

7 07/03/2014 00 75,126


Common Shares Freeman, Marcus Geoffrey John

7 07/03/2014 00 25,042



Harris, Michael Deane 4 10/03/2014 56 8.0594 43,917 271



Lyons, Terrence 4 10/03/2014 56 8.0594 56



Lyons, Terrence 4 10/03/2014 56 8.0594 56



Lyons, Terrence 4 10/03/2014 56 8.0594 23,695 146


Common Shares Saunders, Graham Edward 7 07/03/2014 10 8.0367 300,180 -10,000



Shah, Dipesh Jayantilal 4 10/03/2014 56 8.0594 9,122 56

Canadian Apartment Properties Real Estate Investment Trust

Trust Units Schwartz, Thomas 4, 5 17/02/2014 30 20.4 404,724 148






Trust Units Schwartz, Thomas 4, 5 17/02/2014 30 20.4 288,262 1,347

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2894



Acquired/ Disposed








Trust Units Stein, Michael 4, 5 05/03/2014 90 0 -15,001


Trust Units Stein, Michael 4, 5 07/03/2014 90 0 -34,300


Trust Units Stein, Michael 4, 5 05/03/2014 90 516,605 15,000


Trust Units Stein, Michael 4, 5 07/03/2014 90 550,905 34,300

Canadian Energy Services & Technology Corp.

Common Shares Boyer, Colin D 4 01/12/2010 10 27 -18,000






Common Shares Boyer, Colin D 4 13/07/2011 37 18,320


Common Shares Boyer, Colin D 4 13/07/2011 37 81,480 54,320


Restricted Share Units Pasieka, James Murray 5 20/01/2014 00


Restricted Share Units Pasieka, James Murray 5 13/03/2014 56 2,500 2,500

Canadian High Income Equity Fund

Units Canadian High Income Equity Fund

1 03/02/2014 38 11.15 3,000 3,000



1 03/02/2014 38 11.15 0 -3,000



1 04/02/2014 38 11.13 3,000 3,000



1 04/02/2014 38 11.13 0 -3,000



1 06/02/2014 38 11.15 2,000 2,000



1 06/02/2014 38 11.15 0 -2,000



1 10/02/2014 38 11.26 1,000 1,000



1 10/02/2014 38 11.26 0 -1,000



1 12/02/2014 38 11.28 3,000 3,000



1 12/02/2014 38 11.28 0 -3,000



1 18/02/2014 38 11.5 2,300 2,300



1 18/02/2014 38 11.5 0 -2,300



1 19/02/2014 38 11.48 1,200 1,200



1 19/02/2014 38 11.48 0 -1,200



1 24/02/2014 38 11.53 400 400



1 24/02/2014 38 11.53 0 -400

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2895



Acquired/ Disposed



1 26/02/2014 38 11.6 5,000 5,000



1 26/02/2014 38 11.6 0 -5,000



1 27/02/2014 38 11.6 700 700



1 27/02/2014 38 11.6 0 -700



1 28/02/2014 38 11.68 1,800 1,800



1 28/02/2014 38 11.68 0 -1,800

Canadian Imperial Bank of Commerce

Rights RDSU Belzberg, Brent 4 31/12/2013 30 83.01 24,258 2,662


Rights RDSU Belzberg, Brent 4 31/12/2013 30 81.67 25,331 1,073


Common Shares CIBC 1 03/03/2014 38 92.685 15,000 15,000


Common Shares CIBC 1 03/03/2014 38 92.685 0 -15,000


















Common Shares Colter, Gary F. 4 31/12/2013 30 83.45 13,631 448


Rights RDSU D'Alessandro, Dominic 4 31/12/2013 30 83.01 8,065 2,084


Rights RDSU D'Alessandro, Dominic 4 31/12/2013 30 81.71 8,387 322


Rights RDSU Daniel, Patrick Darold 4 31/12/2013 30 82.73 9,775 2,140


Rights RDSU Daniel, Patrick Darold 4 31/12/2013 30 81.7 10,178 403


Common Shares Desjardins, Luc 4 31/12/2013 30 83.09 9,610 1,127


Rights RDSU Giffin, Gordon D. 4 31/12/2013 30 83.1 12,338 842


Rights RDSU Giffin, Gordon D. 4 31/12/2013 30 81.66 12,898 560


Common Shares HASENFRATZ, LINDA 4 31/12/2013 30 83.45 8,171 448


Rights RDSU Kelly, Kevin James 4 25/04/2013 00


Rights RDSU Kelly, Kevin James 4 31/12/2013 30 84.51 1,125 1,125


Rights RDSU Kelly, Kevin James 4 31/12/2013 30 84.99 1,135 10


Rights RDSU Le Pan, Nicholas D'Orr 4 31/12/2013 30 81.05 6,698 648


Rights RDSU Le Pan, Nicholas D'Orr 4 31/12/2013 30 81.67 7,000 302


Rights RDSU Manley, John Paul 4 31/12/2013 30 83.11 15,067 842

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2896



Acquired/ Disposed


Rights RDSU Manley, John Paul 4 31/12/2013 30 81.65 15,756 689


Rights RDSU Peverett, Jane Leslie 4 31/12/2013 30 82.52 8,509 1,961


Rights RDSU Peverett, Jane Leslie 4 31/12/2013 30 81.7 8,858 349


Common Shares Rahl, Leslie 4 31/12/2013 30 85.78 216 190


Rights RDSU Rahl, Leslie 4 31/12/2013 30 82.78 1,365


Rights RDSU Rahl, Leslie 4 31/12/2013 30 82.78 1,365


Rights RDSU Rahl, Leslie 4 31/12/2013 30 81.66 793


Rights RDSU Rahl, Leslie 4 31/12/2013 30 81.66 793


Rights RDSU Rahl, Leslie 4 31/12/2013 30 82.78 17,583 1,365


Rights RDSU Rahl, Leslie 4 31/12/2013 30 81.66 18,376 793


Rights RDSU Sirois, Charles 4 31/12/2013 30 83.11 34,620 4,512


Rights RDSU Sirois, Charles 4 31/12/2013 30 81.67 36,128 1,508


Common Shares Stevenson, Katharine Berghuis

4 31/12/2013 30 83.32 8,090 448


Rights RDSU Tysoe, Ronald William 4 31/12/2013 30 83.11 22,674 842


Rights RDSU Tysoe, Ronald William 4 31/12/2013 30 81.65 23,723 1,049

Canadian Life Companies Split Corp.

Class A Shares Finch, S. Wayne 4, 5 23/01/2012 10 2.23 700


Class A Shares Finch, S. Wayne 4, 5 23/01/2012 10 2.198 22,800 7,600


Class A Shares Finch, S. Wayne 4, 5 03/02/2012 10 2 96,300 4,300


Class A Shares Finch, S. Wayne 4, 5 27/06/2012 37 70,033 -26,267

Canadian National Railway Company

Common Shares DRYSDALE, Janet 5 31/01/2014 30 59.747 3,137 40


Common Shares DRYSDALE, Janet 5 28/02/2014 30 60.458 3,159 22


Common Shares Finn, Sean 5 31/01/2014 35 59.448 99


Common Shares Finn, Sean 5 31/01/2014 30 59.448 21,816 99


Common Shares Finn, Sean 5 28/02/2014 30 60.473 21,901 85


Common Shares JOBIN, Luc 5 31/01/2014 30 59.75 5,997 119


Common Shares JOBIN, Luc 5 28/02/2014 30 60.473 6,061 64


Common Shares Liepelt, Jeff A. 5 31/01/2014 30 55.214 15,025 113


Common Shares Liepelt, Jeff A. 5 28/02/2014 30 55.152 15,065 40


Common Shares Madigan, Kimberley A. 5 31/01/2014 30 55.253 22,701 130


Common Shares Madigan, Kimberley A. 5 28/02/2014 30 55.152 22,738 37


Common Shares Ruest, Jean-Jacques 5 31/01/2014 30 59.972 27,147 170


Common Shares Ruest, Jean-Jacques 5 28/02/2014 30 60.473 27,207 60


Common Shares Ruest, Jean-Jacques 5 13/03/2014 51 18.113 59,207 32,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2897



Acquired/ Disposed


Common Shares Ruest, Jean-Jacques 5 13/03/2014 10 63.258 27,207 -32,000


Options Ruest, Jean-Jacques 5 13/03/2014 51 18.113 507,480 -32,000


Common Shares Vena, Jim V. 5 31/01/2014 30 59.399 25,829 129


Common Shares Vena, Jim V. 5 28/02/2014 30 60.473 25,889 60

Canadian Natural Resources Limited

Common Shares Bieber, Corey B. 5 14/03/2014 30 35.934 32,591 12,022


Common Shares Canadian Natural Resources Limited

1 28/02/2014 38 32.85 100,000 100,000



1 28/02/2014 38 36.37 200,000 100,000



1 28/02/2014 38 32.85 100,000 -100,000



1 28/02/2014 38 36.37 0 -100,000


Common Shares Case, Mary-Jo 5 03/03/2014 10 40.88 96,772 -10


Common Shares Case, Mary-Jo 5 10/03/2014 10 41.1 51,772 -45,000


Common Shares Case, Mary-Jo 5 10/03/2014 10 41.05 51,632 -140


Common Shares Davis, Randall Scott 5 10/03/2014 10 34.385 44,977 27,200


Common Shares Davis, Randall Scott 5 10/03/2014 10 41.18 17,777 -27,200


Options Davis, Randall Scott 5 10/03/2014 51 34.385 136,800 -27,200


Common Shares Doucet, Real J. H. 5 14/03/2014 30 35.93 53,508 15,445


Common Shares Laut, Stephen W. 5 14/03/2014 30 35.93 2,212,168 121,111


Common Shares McKay, Timothy Shawn 5 14/03/2014 30 35.934 1,124,203 29,471


Common Shares Proll, Douglas A 5 14/03/2014 30 35.934 807,604 15,138

Canadian Oil Sands Limited Common Shares Bourne, Ian Alexander 4 14/03/2014 10 21.556 24,591 1,507 Canadian Oil Sands Limited Common Shares Fisekci, Siren 5 10/03/2014 51 19.15 49,608 7,089 Canadian Oil Sands Limited Common Shares Fisekci, Siren 5 10/03/2014 10 21.67 47,608 -2,000 Canadian Oil Sands Limited Common Shares Fisekci, Siren 5 10/03/2014 10 21.66 45,308 -2,300 Canadian Oil Sands Limited Common Shares Fisekci, Siren 5 10/03/2014 10 21.65 43,519 -1,789 Canadian Oil Sands Limited Options Fisekci, Siren 5 10/03/2014 51 19.15 115,649 -7,089 Canadian Oil Sands Limited Common Shares LOWRY, Donald James 4 14/03/2014 10 21.556 31,660 1,496 Canadian Oil Sands Limited Common Shares Raiss, Sarah 4 14/03/2014 10 21.556 9,719 1,507 Canadian Oil Sands Limited Common Shares Shultz, C.E. (Chuck) 4 14/03/2014 10 21.556 106,891 1,507 Canadian Oil Sands Limited Common Shares Twiss, Wesley R. 4 10/03/2014 10 21.71 54,085 -1,000 Canadian Oil Sands Limited Common Shares Twiss, Wesley R. 4 14/03/2014 10 21.556 54,943 858 Canadian Orebodies Inc. Common Shares Inwentash, Sheldon 3, 6 11/03/2014 10 0.03 18,403,000 401,000 Canadian Orebodies Inc. Common Shares Inwentash, Sheldon 3, 6 12/03/2014 10 0.03 18,502,000 99,000 Canadian Orebodies Inc. Common Shares Pinetree Capital Ltd. 3 11/03/2014 10 0.03 18,403,000 401,000 Canadian Orebodies Inc. Common Shares Pinetree Capital Ltd. 3 12/03/2014 10 0.03 18,502,000 99,000 Canadian Pacific Railway Limited

Common Shares Laing, Brent Lyle 5 12/03/2014 51 57.7 1,500 1,500

Canadian Pacific Railway Limited

Common Shares Laing, Brent Lyle 5 12/03/2014 10 174.5 0 -1,500

Canadian Pacific Railway Limited

Options Laing, Brent Lyle 5 12/03/2014 51 57.7 28,659 -1,500

Canadian Real Estate Investment Trust

Units Real Estate Investment Trust Units

Hoffman, Andrew 4 10/03/2014 10 43.35 6,234 1,000



Hoffman, Andrew 4 10/03/2014 10 43.25 6,334 100



Hoffman, Andrew 4 11/03/2014 10 43.25 7,334 1,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2898



Acquired/ Disposed



Paul, Adam Elliot 7 12/03/2014 30 58,497 9

Canadian Silver Hunter Inc. Common Shares Canadian Silver Hunter Inc. 1 03/02/2014 38 0.03 380,500 10,000 Canadian Tire Corporation, Limited


Canadian Tire Corporation, Limited

1 10/03/2014 38 99.813 20,000 20,000




1 10/03/2014 38 99.813 0 -20,000


Options Christie, James Robert 5 01/10/2013 00


Options Christie, James Robert 5 12/03/2014 50 99.717 15,888 15,888


Performance Share Units Christie, James Robert 5 01/10/2013 00


Performance Share Units Christie, James Robert 5 12/03/2014 56 99.717 4,027 4,027



Collver, Robyn Anne 3, 7, 5 11/03/2014 10 99.55 799,189 -100












































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2899



Acquired/ Disposed




































































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2900



Acquired/ Disposed




































































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2901



Acquired/ Disposed



























Collver, Robyn Anne 3, 7, 5 12/03/2014 10 100.16 785,389 -1,400






Collver, Robyn Anne 3, 7, 5 13/03/2014 10 100 785,189 -100



































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2902



Acquired/ Disposed




































































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2903



Acquired/ Disposed

















Options Collver, Robyn Anne 3, 7, 5 12/03/2014 50 99.717 47,994 7,061


Performance Share Units Collver, Robyn Anne 3, 7, 5 12/03/2014 56 99.717 8,093 1,790


Options Drysdale, Linda Janet 7 12/03/2014 59 6,849 -2,465


Options Drysdale, Linda Janet 7 12/03/2014 50 99.717 9,222 2,373


Performance Share Units Drysdale, Linda Janet 7 12/03/2014 56 99.717 2,753 601


Options Fulton, Duncan Stanley Allpress

5 12/03/2014 50 99.717 26,933 6,557


Performance Share Units Fulton, Duncan Stanley Allpress

5 12/03/2014 56 99.717 6,482 1,662



Lynar, Hugh 3 11/03/2014 10 99.55 799,189 -100



Lynar, Hugh 3 11/03/2014 10 99.55 798,989 -200



Lynar, Hugh 3 11/03/2014 10 99.55 798,889 -100



Lynar, Hugh 3 11/03/2014 10 99.35 100



Lynar, Hugh 3 11/03/2014 10 99.35 100



Lynar, Hugh 3 11/03/2014 10 99.36 798,789 -100



Lynar, Hugh 3 11/03/2014 10 99.36 798,689 -100



Lynar, Hugh 3 11/03/2014 10 99.35 798,489 -200



Lynar, Hugh 3 11/03/2014 10 99.35 797,989 -500



Lynar, Hugh 3 11/03/2014 10 99.45 797,889 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,789 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,689 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,589 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,489 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,389 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,289 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,189 -100



Lynar, Hugh 3 11/03/2014 10 99.45 797,089 -100



Lynar, Hugh 3 11/03/2014 10 99.45 796,989 -100



Lynar, Hugh 3 11/03/2014 10 99.45 796,889 -100



Lynar, Hugh 3 11/03/2014 10 99.45 796,789 -100

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2904



Acquired/ Disposed



Lynar, Hugh 3 11/03/2014 10 99.45 796,689 -100



Lynar, Hugh 3 11/03/2014 10 99.45 796,589 -100



Lynar, Hugh 3 11/03/2014 10 99.45 796,489 -100



Lynar, Hugh 3 11/03/2014 10 99.55 796,389 -100



Lynar, Hugh 3 11/03/2014 10 99.55 796,289 -100



Lynar, Hugh 3 11/03/2014 10 99.55 796,189 -100



Lynar, Hugh 3 11/03/2014 10 99.55 796,089 -100



Lynar, Hugh 3 11/03/2014 10 99.55 795,989 -100



Lynar, Hugh 3 11/03/2014 10 99.4 795,889 -100



Lynar, Hugh 3 11/03/2014 10 99.4 795,789 -100



Lynar, Hugh 3 11/03/2014 10 99.41 795,689 -100



Lynar, Hugh 3 11/03/2014 10 99.41 795,589 -100



Lynar, Hugh 3 11/03/2014 10 99.41 795,489 -100



Lynar, Hugh 3 11/03/2014 10 99.4 795,389 -100



Lynar, Hugh 3 11/03/2014 10 99.4 795,289 -100



Lynar, Hugh 3 11/03/2014 10 99.4 795,189 -100



Lynar, Hugh 3 11/03/2014 10 99.41 795,089 -100



Lynar, Hugh 3 11/03/2014 10 99.4 794,989 -100



Lynar, Hugh 3 11/03/2014 10 99.35 794,889 -100



Lynar, Hugh 3 11/03/2014 10 99.35 794,789 -100



Lynar, Hugh 3 11/03/2014 10 99.36 794,689 -100



Lynar, Hugh 3 11/03/2014 10 99.35 794,489 -200



Lynar, Hugh 3 11/03/2014 10 99.35 793,989 -500



Lynar, Hugh 3 11/03/2014 10 99.25 793,889 -100



Lynar, Hugh 3 11/03/2014 10 99.25 793,789 -100



Lynar, Hugh 3 11/03/2014 10 99.25 793,689 -100



Lynar, Hugh 3 11/03/2014 10 99.25 793,589 -100



Lynar, Hugh 3 11/03/2014 10 99.25 793,489 -100



Lynar, Hugh 3 11/03/2014 10 99.25 793,389 -100



Lynar, Hugh 3 11/03/2014 10 99.4 793,289 -100



Lynar, Hugh 3 11/03/2014 10 99.38 793,189 -100



Lynar, Hugh 3 11/03/2014 10 99.38 793,089 -100



Lynar, Hugh 3 11/03/2014 10 99.4 792,389 -700

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2905



Acquired/ Disposed



Lynar, Hugh 3 11/03/2014 10 99.35 792,289 -100



Lynar, Hugh 3 12/03/2014 10 99.83 792,189 -100



Lynar, Hugh 3 12/03/2014 10 99.83 792,089 -100



Lynar, Hugh 3 12/03/2014 10 99.83 791,989 -100



Lynar, Hugh 3 12/03/2014 10 99.83 791,889 -100



Lynar, Hugh 3 12/03/2014 10 99.79 791,789 -100



Lynar, Hugh 3 12/03/2014 10 99.79 791,689 -100



Lynar, Hugh 3 12/03/2014 10 99.79 791,589 -100



Lynar, Hugh 3 12/03/2014 10 99.8 791,389 -200



Lynar, Hugh 3 12/03/2014 10 99.68 791,289 -100



Lynar, Hugh 3 12/03/2014 10 99.7 791,189 -100



Lynar, Hugh 3 12/03/2014 10 99.7 791,089 -100



Lynar, Hugh 3 12/03/2014 10 99.7 790,989 -100



Lynar, Hugh 3 12/03/2014 10 99.7 790,889 -100



Lynar, Hugh 3 12/03/2014 10 99.7 790,789 -100



Lynar, Hugh 3 12/03/2014 10 99.7 790,689 -100



Lynar, Hugh 3 12/03/2014 10 99.5 790,589 -100



Lynar, Hugh 3 12/03/2014 10 99.5 790,489 -100



Lynar, Hugh 3 12/03/2014 10 99.5 790,389 -100



Lynar, Hugh 3 12/03/2014 10 99.5 790,289 -100



Lynar, Hugh 3 12/03/2014 10 99.57 790,189 -100



Lynar, Hugh 3 12/03/2014 10 99.57 789,789 -400



Lynar, Hugh 3 12/03/2014 10 99.57 -400



Lynar, Hugh 3 12/03/2014 10 99.57 -400



Lynar, Hugh 3 12/03/2014 10 99.62 789,689 -100



Lynar, Hugh 3 12/03/2014 10 99.61 789,289 -400



Lynar, Hugh 3 12/03/2014 10 99.8 789,189 -100



Lynar, Hugh 3 12/03/2014 10 99.8 789,089 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,989 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,889 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,789 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,689 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,589 -100

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2906



Acquired/ Disposed



Lynar, Hugh 3 12/03/2014 10 99.8 788,489 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,389 -100



Lynar, Hugh 3 12/03/2014 10 99.8 788,289 -100



Lynar, Hugh 3 12/03/2014 10 99.91 788,189 -100



Lynar, Hugh 3 12/03/2014 10 99.91 788,089 -100



Lynar, Hugh 3 12/03/2014 10 99.91 787,989 -100



Lynar, Hugh 3 12/03/2014 10 99.96 787,789 -200



Lynar, Hugh 3 12/03/2014 10 99.82 787,689 -100



Lynar, Hugh 3 12/03/2014 10 99.82 787,589 -100



Lynar, Hugh 3 12/03/2014 10 99.82 787,489 -100



Lynar, Hugh 3 12/03/2014 10 99.83 787,389 -100



Lynar, Hugh 3 12/03/2014 10 99.85 787,289 -100



Lynar, Hugh 3 12/03/2014 10 99.8 787,189 -100



Lynar, Hugh 3 12/03/2014 10 99.8 787,089 -100



Lynar, Hugh 3 12/03/2014 10 99.88 786,989 -100



Lynar, Hugh 3 12/03/2014 10 99.89 786,889 -100



Lynar, Hugh 3 12/03/2014 10 99.9 786,789 -100



Lynar, Hugh 3 12/03/2014 10 100.16 785,389 -1,400



Lynar, Hugh 3 12/03/2014 10 100.15 785,289 -100



Lynar, Hugh 3 13/03/2014 10 100 785,189 -100



Lynar, Hugh 3 13/03/2014 10 100 785,089 -100



Lynar, Hugh 3 13/03/2014 10 100 784,989 -100



Lynar, Hugh 3 13/03/2014 10 100 784,889 -100



Lynar, Hugh 3 13/03/2014 10 100 784,789 -100



Lynar, Hugh 3 13/03/2014 10 100 784,689 -100



Lynar, Hugh 3 13/03/2014 10 100 784,589 -100



Lynar, Hugh 3 13/03/2014 10 100 784,489 -100



Lynar, Hugh 3 13/03/2014 10 100 784,389 -100



Lynar, Hugh 3 13/03/2014 10 100 784,289 -100



Lynar, Hugh 3 13/03/2014 10 100.15 784,189 -100



Lynar, Hugh 3 13/03/2014 10 100.15 784,089 -100



Lynar, Hugh 3 13/03/2014 10 100.15 783,989 -100



Lynar, Hugh 3 13/03/2014 10 100.15 783,889 -100

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2907



Acquired/ Disposed



Lynar, Hugh 3 13/03/2014 10 100.15 783,789 -100



Lynar, Hugh 3 13/03/2014 10 100.16 783,689 -100



Lynar, Hugh 3 13/03/2014 10 100.17 783,589 -100



Lynar, Hugh 3 13/03/2014 10 100.15 783,289 -300



Lynar, Hugh 3 13/03/2014 10 100 783,189 -100



Lynar, Hugh 3 13/03/2014 10 100 783,089 -100



Lynar, Hugh 3 13/03/2014 10 100 782,989 -100



Lynar, Hugh 3 13/03/2014 10 100 782,889 -100



Lynar, Hugh 3 13/03/2014 10 100 782,789 -100



Lynar, Hugh 3 13/03/2014 10 100 782,689 -100



Lynar, Hugh 3 13/03/2014 10 100 782,589 -100



Lynar, Hugh 3 13/03/2014 10 100.01 782,489 -100



Lynar, Hugh 3 13/03/2014 10 100.02 782,389 -100



Lynar, Hugh 3 13/03/2014 10 100.04 782,289 -100



Lynar, Hugh 3 13/03/2014 10 99.75 782,189 -100



Lynar, Hugh 3 13/03/2014 10 99.75 782,089 -100



Lynar, Hugh 3 13/03/2014 10 99.75 781,989 -100



Lynar, Hugh 3 13/03/2014 10 99.71 781,889 -100



Lynar, Hugh 3 13/03/2014 10 99.72 781,789 -100



Lynar, Hugh 3 13/03/2014 10 99.72 781,689 -100



Lynar, Hugh 3 13/03/2014 10 99.71 781,589 -100



Lynar, Hugh 3 13/03/2014 10 99.71 781,489 -100



Lynar, Hugh 3 13/03/2014 10 99.71 781,389 -100



Lynar, Hugh 3 13/03/2014 10 99.71 781,289 -100



Lynar, Hugh 3 13/03/2014 10 99.71 781,089 -200



Lynar, Hugh 3 13/03/2014 10 99.71 780,989 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,889 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,789 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,689 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,589 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,489 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,389 -100



Lynar, Hugh 3 13/03/2014 10 99.76 780,189 -200

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2908



Acquired/ Disposed



Lynar, Hugh 3 13/03/2014 10 99.8 780,089 -100



Lynar, Hugh 3 13/03/2014 10 99.39 779,989 -100



Lynar, Hugh 3 13/03/2014 10 99.4 779,889 -100



Lynar, Hugh 3 13/03/2014 10 99.4 779,789 -100



Lynar, Hugh 3 13/03/2014 10 99.39 779,589 -200



Lynar, Hugh 3 13/03/2014 10 99.39 779,489 -100



Lynar, Hugh 3 13/03/2014 10 99.39 779,389 -100



Lynar, Hugh 3 13/03/2014 10 99.39 779,289 -100



Lynar, Hugh 3 13/03/2014 10 99.21 779,189 -100



Lynar, Hugh 3 13/03/2014 10 99.21 779,089 -100



Lynar, Hugh 3 13/03/2014 10 99.21 778,989 -100



Lynar, Hugh 3 13/03/2014 10 99.21 778,889 -100



Lynar, Hugh 3 13/03/2014 10 99.21 778,789 -100



Lynar, Hugh 3 13/03/2014 10 99.2 778,289 -500


Options MacDonald, Allan Angus 5 12/03/2014 50 99.717 37,145 12,016


Performance Share Units MacDonald, Allan Angus 5 12/03/2014 56 99.717 12,431 3,046


Options MacLean, Candace Ann 7, 5 12/03/2014 50 99.717 27,839 2,373


Performance Share Units MacLean, Candace Ann 7, 5 12/03/2014 56 99.717 3,099 802



McCann, Dean Charles 7, 5 11/03/2014 10 99.55 799,189 -100











































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2909



Acquired/ Disposed




































McCann, Dean Charles 7, 5 11/03/2014 10 99.45 -100
































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2910



Acquired/ Disposed




































































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2911



Acquired/ Disposed































































McCann, Dean Charles 7, 5 12/03/2014 10 100.16 785,389 -1,400






McCann, Dean Charles 7, 5 13/03/2014 10 100 785,189 -100































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2912



Acquired/ Disposed




































































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2913



Acquired/ Disposed



























































Options McCann, Dean Charles 7, 5 12/03/2014 50 99.717 100,624 15,434


Performance Share Units McCann, Dean Charles 7, 5 12/03/2014 56 99.717 16,536 3,912


Options Medline, Michael Bennett 7, 5 12/03/2014 50 99.717 96,937 32,280


Performance Share Units Medline, Michael Bennett 7, 5 12/03/2014 56 99.717 19,694 8,183


Options Mongeau, Robert 7 12/03/2014 50 99.717 26,113 5,750


Performance Share Units Mongeau, Robert 7 12/03/2014 56 99.717 4,287 1,457


Options Nathanson, Douglas Bigler 5 12/03/2014 50 99.717 35,001 6,557


Performance Share Units Nathanson, Douglas Bigler 5 12/03/2014 56 99.717 6,720 1,662


Options Roman, Eugene O. 5 12/03/2014 50 99.717 30,848 8,070


Performance Share Units Roman, Eugene O. 5 12/03/2014 56 99.717 6,598 2,045


Options Salt, John Douglas 5 12/03/2014 10 99.717 48,684 6,355


Performance Share Units Salt, John Douglas 5 12/03/2014 56 99.717 7,267 1,611


Options Taylor, Henry (Harry) Park 5 12/03/2014 50 99.717 52,822 11,348


Performance Share Units Taylor, Henry (Harry) Park 5 12/03/2014 56 99.717 12,280 2,876

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2914



Acquired/ Disposed


Options Turner, Mary Louise 7, 5 12/03/2014 50 99.717 55,058 11,348


Performance Share Units Turner, Mary Louise 7, 5 12/03/2014 56 99.717 10,612 2,876


Restricted Share Units Wetmore, Stephen Gerald 4, 7, 5 14/05/2003 00


Restricted Share Units Wetmore, Stephen Gerald 4, 7, 5 12/03/2014 56 99.717 50,141 50,141

Canadian Western Bank Common Shares Ball, Tracey Colleen 5 12/03/2014 47 35.92 918 150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 12/03/2014 47 35.92 893 150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 12/03/2014 47 35.92 918 150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 31/12/2013 30 30.3 19,257 1,747 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 12/03/2014 47 35.92 19,107 -150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 12/03/2014 47 35.92 18,957 -150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 12/03/2014 47 35.92 18,807 -150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 13/03/2014 90 35.53 18,657 -150 Canadian Western Bank Common Shares Ball, Tracey Colleen 5 13/03/2014 90 35.53 1,498 150 Canadian Western Bank Options Ball, Tracey Colleen 5 14/06/2013 50 28.47 171,324 34,050 Canadian Western Bank Options Ball, Tracey Colleen 5 13/12/2013 50 37.502 175,231 18,907 Canadian Western Bank Rights Restricted Share

Units Ball, Tracey Colleen 5 10/06/2013 59 8,823 -1,512

Canadian Western Bank Rights Restricted Share Units

Ball, Tracey Colleen 5 11/06/2013 59 7,010 -1,813


Ball, Tracey Colleen 5 14/06/2013 56 8,794 1,784






Ball, Tracey Colleen 5 15/06/2013 59 10,531 -1,832

Canadian Western Bank Common Shares Christensen, Lars Kurt 5 31/12/2013 30 30.3 13,842 945 Canadian Western Bank Options Christensen, Lars Kurt 5 13/12/2013 50 44,049 5,220 Canadian Western Bank Common Shares Garvey, Randell William 5 10/03/2014 10 35.8 12,545 -1,000 Canadian Western Bank Common Shares Garvey, Randell William 5 11/03/2014 10 36.1 11,945 -600 Canadian Western Bank Common Shares Garvey, Randell William 5 11/03/2014 10 36.12 11,445 -500 Canadian Western Bank Rights Restricted Share

Units Graham, Carolyn Joan 5 14/06/2013 56 1,178


Graham, Carolyn Joan 5 14/06/2013 56 8,187 1,178

Canadian Western Bank Options Hill, Kirby Trent 5 14/06/2013 50 18,853 6,144 Canadian Western Bank Options Hill, Kirby Trent 5 13/12/2013 50 20,291 4,133 Canadian Western Bank Rights Restricted Share

Units Hill, Kirby Trent 5 14/06/2013 56 2,907 724


Hill, Kirby Trent 5 14/06/2013 56 3,631 724


Hill, Kirby Trent 5 14/06/2013 56 4,356 725

Canadian Western Bank Common Shares Protti, Raymond Joseph 4 31/12/2013 30 17,382 210 Canadian Western Bank Common Shares Riley, Sanford 4 31/12/2013 30 6,148 148 Canadian Western Bank Common Shares Sprung, Greg 5 12/03/2014 51 16.893 30,752 4,505 Canadian Western Bank Common Shares Sprung, Greg 5 12/03/2014 51 22.09 33,269 2,517 Canadian Western Bank Options Sprung, Greg 5 12/03/2014 51 16.893 103,618 -8,500 Canadian Western Bank Options Sprung, Greg 5 12/03/2014 51 22.09 97,087 -6,531 Cangene Corporation Rights Deferred Share

Units (cash settled) Burlington, Donald Bruce 4 21/02/2014 59 3.4 -53,851

Cangene Corporation Rights Deferred Share Units (cash settled)

Burlington, Donald Bruce 4 21/02/2014 59 3.4 0 -53,851


Johnson, Philip Rudolph 4 21/02/2014 59 3.4 -50,212


Johnson, Philip Rudolph 4 21/02/2014 59 3.4 0 -50,212

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2915



Acquired/ Disposed


Lillibridge, Robin Scott 4 21/02/2014 59 3.4 -121,986


Lillibridge, Robin Scott 4 21/02/2014 59 3.4 0 -121,986

Cangene Corporation Common Shares Sedor, John Anthony 4, 5 21/02/2014 51 750000 750,000 Cangene Corporation Common Shares Sedor, John Anthony 4, 5 21/02/2014 51 1.37 750,000 750,000 Canoe Mining Ventures Corp.

Options Pelland, Jean-Francois 4 04/03/2014 50 0.25 250,000

Canoe Mining Ventures Corp.

Options Pelland, Jean-Francois 4 04/03/2014 50 0.25 339,805 225,000

CanWel Building Materials Group Ltd. (formerly, Canwel Holdings Corporation)

Common Shares Doman, Amardeip Singh 4 10/03/2014 10 2.89 16,313,909 9,200









Canyon Services Group Inc. Common Shares Antony, Raymond Peter 4 12/03/2014 57 45,000 5,000 Canyon Services Group Inc. Stock Based Units Antony, Raymond Peter 4 12/03/2014 57 27,500 -5,000 Canyon Services Group Inc. Stock Based Units Antony, Raymond Peter 4 12/03/2014 56 35,000 7,500 Canyon Services Group Inc. Stock Based Units Grad, Stan 4 12/03/2014 46 22,500 7,500 Canyon Services Group Inc. Stock Based Units Lich, Miles 4 12/03/2014 56 15,000 7,500 Canyon Services Group Inc. Stock Based Units MacKenzie, Neil M. 4 12/03/2014 56 22,500 7,500 Canyon Services Group Inc. Common Shares Matthies, Jeremy Paul 5 12/03/2014 57 9,733 3,333 Canyon Services Group Inc. Common Shares Matthies, Jeremy Paul 5 12/03/2014 10 12.2 6,400 -3,333 Canyon Services Group Inc. Common Shares Matthies, Jeremy Paul 5 12/03/2014 10 12.1 7,100 700 Canyon Services Group Inc. Common Shares Matthies, Jeremy Paul 5 13/03/2014 10 12.37 8,000 900 Canyon Services Group Inc. Stock Based Units Matthies, Jeremy Paul 5 12/03/2014 57 15,567 -3,333 Canyon Services Group Inc. Stock Based Units Ratushny, M. Scott 4 12/03/2014 56 30,000 7,500 Capital Power Corporation Common Shares Chisholm, Burness Kathryn 5 05/03/2014 10 24.25 12,273 1,870 Capital Power Corporation Options Chisholm, Burness Kathryn 5 12/03/2014 50 22.82 272,726 37,394 Capital Power Corporation Performance Share Units Chisholm, Burness Kathryn 5 12/03/2014 56 23.48 15,653 5,451 Capital Power Corporation Preferred Shares

Cumulative Rate Reset, Series 1

Chisholm, Burness Kathryn 5 05/03/2014 10 19.11 0 -2,449

Capital Power Corporation Options DeNeve, Bryan 5 12/03/2014 50 22.82 185,295 36,226 Capital Power Corporation Performance Share Units DeNeve, Bryan 5 12/03/2014 56 23.48 14,121 5,281 Capital Power Corporation Options GILCHRIST, TODD 5 12/03/2014 50 22.82 44,919 28,046 Capital Power Corporation Performance Share Units GILCHRIST, TODD 5 12/03/2014 56 23.48 7,564 4,089 Capital Power Corporation Options Lee, Stuart 5 12/03/2014 50 22.82 383,084 67,485 Capital Power Corporation Performance Share Units Lee, Stuart 5 12/03/2014 50 23.48 26,168 9,838 Capital Power Corporation Options TRUFYN, DARCY 5 12/03/2014 50 22.82 183,317 37,394 Capital Power Corporation Performance Share Units TRUFYN, DARCY 5 12/03/2014 56 23.48 15,263 5,451 Capital Power Corporation Options Vaasjo, Brian Tellef 4, 5 12/03/2014 50 22.82 1,209,591 180,032 Capital Power Corporation Performance Share Units Vaasjo, Brian Tellef 4, 5 12/03/2014 56 23.48 79,372 26,246 Capstone Mining Corp. Options Le Bel, Guy 5 04/03/2014 50 2.88 224,506 108,506 Capstone Mining Corp. Performance Share Units Le Bel, Guy 5 08/05/2013 00 Capstone Mining Corp. Performance Share Units Le Bel, Guy 5 04/03/2014 97 2.88 21,701 21,701 Capstone Mining Corp. Restricted Share Units Le Bel, Guy 5 08/05/2013 00 Capstone Mining Corp. Restricted Share Units Le Bel, Guy 5 04/03/2014 97 2.88 21,701 21,701 Cardiome Pharma Corp. Common Shares Fortress Investment Group

LLC 3 11/03/2014 15 10 981,596 -1,500,000

Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 25/02/2014 10 0.07 107,040,967 -2,755,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 26/02/2014 10 0.07 107,003,967 -37,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 27/02/2014 10 0.06 101,998,967 -5,005,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2916



Acquired/ Disposed

Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 28/02/2014 10 0.0604 101,559,967 -439,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 03/03/2014 10 0.06 97,314,967 -4,245,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 05/03/2014 10 0.06 96,021,967 -1,293,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 05/03/2014 10 0.0566 88,718,967 -7,303,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 06/03/2014 10 0.055 83,718,967 -5,000,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 10/03/2014 10 0.0509 79,052,967 -4,666,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 11/03/2014 10 0.05 76,049,967 -3,003,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 12/03/2014 10 0.0462 69,795,967 -6,254,000 Carpathian Gold Inc. Common Shares Cyprus River Holdings Ltd. 3 12/03/2014 10 0.045 68,795,967 -1,000,000 Cascades Inc. Common Shares Lemaire, Sylvie 4 14/03/2014 10 6.95 186,277 -56,000 Cascades Inc. Common Shares Marineau, Léon 5 14/03/2014 51 27,454 15,395 Cascades Inc. Options options d'achat

d'actions ordinaires Marineau, Léon 5 14/03/2014 51 6.95 32,718 -15,395

Catamaran Corporation (formerly SXC Health Solutions Corp.)

Common Shares Bensen, Peter 4 06/03/2014 97 44.62 15,250 2,626


Common Shares Bensen, Peter 4 06/03/2014 97 44.62 16,870 1,620


Restricted stock units Bensen, Peter 4 05/03/2014 97 10,078 4,212


Restricted stock units Bensen, Peter 4 06/03/2014 97 44.62 7,452 -2,626


Restricted stock units Bensen, Peter 4 06/03/2014 97 44.62 5,832 -1,620


Common Shares Berman, Clifford 5 05/03/2014 97 44.7 20,258 2,310






Common Shares Berman, Clifford 5 06/03/2014 97 44.62 24,263 695


Common Shares Berman, Clifford 5 07/03/2014 10 44.52 23,771 -492






Common Shares Berman, Clifford 5 10/03/2014 10 44.67 23,321 -1,003


Common Shares Berman, Clifford 5 10/03/2014 10 44.67 22,303 -1,018








Options Berman, Clifford 5 05/03/2014 50 44.7 31,718 8,316

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2917



Acquired/ Disposed


Restricted stock units Berman, Clifford 5 05/03/2014 97 5,960 3,328


Restricted stock units Berman, Clifford 5 06/03/2014 97 44.62 4,960 -1,000


Restricted stock units Berman, Clifford 5 06/03/2014 97 44.62 4,265 -695






Common Shares Cosler, Steven 4 06/03/2014 97 44.62 37,235 2,626






Restricted stock units Cosler, Steven 4 05/03/2014 97 8,778 4,212


Restricted stock units Cosler, Steven 4 06/03/2014 97 44.62 6,152 -2,626






Common Shares Davis, William Joseph 4 06/03/2014 97 44.62 46,200 2,626






Restricted stock unit Davis, William Joseph 4 05/03/2014 97 11,578 4,212


Restricted stock unit Davis, William Joseph 4 06/03/2014 97 44.62 8,952 -2,626






Common Shares Epstein, Steven B 4 06/03/2014 97 44.62 4,244 1,620


Restricted stock units Epstein, Steven B 4 05/03/2014 97 10,078 4,212


Restricted stock units Epstein, Steven B 4 06/03/2014 97 44.62 8,458 -1,620


Common Shares Holden, Betsy 4 06/03/2014 97 44.62 2,088 1,620

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2918



Acquired/ Disposed


Restricted stock units Holden, Betsy 4 05/03/2014 97 7,921 4,212


Restricted stock units Holden, Betsy 4 06/03/2014 97 44.62 6,301 -1,620


Common Shares Katen, Karen L. 4 06/03/2014 97 44.62 4,088 1,620


Restricted stock units Katen, Karen L. 4 05/03/2014 97 7,921 4,212


Restricted stock units Katen, Karen L. 4 06/03/2014 97 44.62 6,301 -1,620


Common Shares Kraemer, Harry M 4 06/03/2014 97 44.62 22,932 1,620


Restricted stock units Kraemer, Harry M 4 05/03/2014 97 11,390 4,212


Restricted stock units Kraemer, Harry M 4 06/03/2014 97 44.62 9,770 -1,620


Common Shares Masso, Anthony R 4 06/03/2014 97 44.62 46,988 2,626






Restricted stock units Masso, Anthony R 4 05/03/2014 97 11,578 4,212


Restricted stock units Masso, Anthony R 4 06/03/2014 97 44.62 8,952 -2,626






Common Shares Park, Jeffrey Gary 5 05/03/2014 97 44.7 80,030 16,704








Common Shares Park, Jeffrey Gary 5 07/03/2014 10 44.52 101,352 -1,654







Insider Reporting

March 20, 2014

(2014), 37 OSCB 2919



Acquired/ Disposed










Restricted stock units Park, Jeffrey Gary 5 06/03/2014 97 44.62 56,058 -3,782








Common Shares Romza, John Henry 5 05/03/2014 97 44.7 173,742 6,000






Common Shares Romza, John Henry 5 06/03/2014 97 44.62 182,089 847


Common Shares Romza, John Henry 5 07/03/2014 10 44.52 181,445 -644






Common Shares Romza, John Henry 5 10/03/2014 10 44.67 180,302 -2,324


Common Shares Romza, John Henry 5 10/03/2014 10 44.67 177,971 -2,331








Options Romza, John Henry 5 05/03/2014 50 44.7 127,224 7,624


Restricted stock units Romza, John Henry 5 05/03/2014 97 15,942 3,052


Restricted stock units Romza, John Henry 5 05/03/2014 97 17,606 1,664

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2920



Acquired/ Disposed


Restricted stock units Romza, John Henry 5 06/03/2014 97 44.62 16,106 -1,500


Restricted stock units Romza, John Henry 5 06/03/2014 97 44.62 15,259 -847






Common Shares Saban, Joel 5 05/03/2014 97 44.7 37,939 6,160








Common Shares Saban, Joel 5 07/03/2014 10 44.52 47,442 -662






Common Shares Saban, Joel 5 10/03/2014 10 44.67 46,666 -2,073


Common Shares Saban, Joel 5 10/03/2014 10 44.67 44,593 -2,073




Options Saban, Joel 5 05/03/2014 50 44.7 93,222 18,012


Restricted stock units Saban, Joel 5 05/03/2014 97 18,228 7,208


Restricted stock units Saban, Joel 5 05/03/2014 97 29,314 11,086


Restricted stock units Saban, Joel 5 06/03/2014 97 44.62 27,314 -2,000






Common Shares Thierer, Mark Alan 4 05/03/2014 97 44.7 241,576 40,488





Insider Reporting

March 20, 2014

(2014), 37 OSCB 2921



Acquired/ Disposed




Common Shares Thierer, Mark Alan 4 07/03/2014 10 44.52 294,910 -4,135
















Options Thierer, Mark Alan 4 05/03/2014 50 44.7 402,738 110,844


Restricted stock units Thierer, Mark Alan 4 05/03/2014 97 270,678 44,340


Restricted stock units Thierer, Mark Alan 4 06/03/2014 97 44.62 261,222 -9,456







CCL Industries Inc. Non-Voting Shares Class B

1281228 Ontario Inc. 3 13/03/2014 16 93.82 249,782 58,782


1281228 Ontario Inc. 3 13/03/2014 47 1,630,218 -58,782


Lang, Donald G. 4, 5 13/03/2014 47 58,782 58,782


Lang, Donald G. 4, 5 13/03/2014 16 93.82 0 -58,782


Lang, Stuart W. 4 13/03/2014 47 58,782


Lang, Stuart W. 4 13/03/2014 47 93.82 58,782 58,782


Lang, Stuart W. 4 13/03/2014 16 0 -58,782


Snelgrove, Susan 5 12/03/2014 51 25.48 200 200


Snelgrove, Susan 5 12/03/2014 10 96.5 0 -200

CCL Industries Inc. Options Snelgrove, Susan 5 12/03/2014 51 25.48 15,300 -200 Celestica Inc. Subordinate Voting

Shares Celestica Inc. 1 03/02/2014 38 10.448 30,500 30,500

Celestica Inc. Subordinate Voting Shares

Celestica Inc. 1 03/02/2014 38 10.448 0 -30,500

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2922



Acquired/ Disposed


Celestica Inc. 1 03/02/2014 38 9.4361 10,500 10,500


Celestica Inc. 1 03/02/2014 38 9.4361 0 -10,500


Celestica Inc. 1 04/02/2014 38 10.21 30,300 30,300


Celestica Inc. 1 04/02/2014 38 10.21 0 -30,300


Celestica Inc. 1 04/02/2014 38 9.2193 10,500 10,500


Celestica Inc. 1 04/02/2014 38 9.2193 -10,500


Celestica Inc. 1 04/02/2014 38 9.2193 0 -10,500


Celestica Inc. 1 05/02/2014 38 10.152 30,500 30,500


Celestica Inc. 1 05/02/2014 38 10.152 0 -30,500


Celestica Inc. 1 05/02/2014 38 9.1457 10,500 10,500


Celestica Inc. 1 05/02/2014 38 9.1457 0 -10,500


Celestica Inc. 1 06/02/2014 38 10.228 30,500 30,500


Celestica Inc. 1 06/02/2014 38 10.228 0 -30,500


Celestica Inc. 1 06/02/2014 38 9.2379 10,500 10,500


Celestica Inc. 1 06/02/2014 38 9.2379 0 -10,500


Celestica Inc. 1 07/02/2014 38 10.288 30,500 30,500


Celestica Inc. 1 07/02/2014 38 10.288 0 -30,500


Celestica Inc. 1 07/02/2014 38 9.3338 10,500 10,500


Celestica Inc. 1 07/02/2014 38 9.3338 0 -10,500


Celestica Inc. 1 10/02/2014 38 10.264 30,500 30,500


Celestica Inc. 1 10/02/2014 38 9.2867 -10,500


Celestica Inc. 1 10/02/2014 38 10.264 -30,500


Celestica Inc. 1 10/02/2014 38 10.264 0 -30,500


Celestica Inc. 1 10/02/2014 38 10.264 -30,500


Celestica Inc. 1 10/02/2014 38 9.2867 -10,500


Celestica Inc. 1 10/02/2014 38 9.2867 10,500 10,500


Celestica Inc. 1 10/02/2014 38 9.2867 10,500


Celestica Inc. 1 10/02/2014 38 9.2867 0 -10,500


Celestica Inc. 1 11/02/2014 38 10.334 30,500 30,500


Celestica Inc. 1 11/02/2014 38 10.334 0 -30,500


Celestica Inc. 1 11/02/2014 38 9.3634 -10,500 -10,500


Celestica Inc. 1 11/02/2014 38 9.3634 0 10,500

Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 183,498 -1,000 Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 181,498 -2,000 Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 178,998 -2,500

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2923



Acquired/ Disposed

Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 178,873 -125 Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 178,829 -44 Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 174,529 -4,300 Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 174,229 -300 Celestica Inc. Options McIntosh, Glen 7 07/03/2014 51 156,529 -17,700 Celestica Inc. Subordinate Voting

Shares McIntosh, Glen 7 07/03/2014 51 6.51 75,183 1,000


McIntosh, Glen 7 07/03/2014 10 11.05 74,183 -1,000


McIntosh, Glen 7 07/03/2014 51 6.51 76,183 2,000


McIntosh, Glen 7 07/03/2014 10 11.06 74,183 -2,000


McIntosh, Glen 7 07/03/2014 51 6.51 76,683 2,500


McIntosh, Glen 7 07/03/2014 10 11.06 74,183 -2,500


McIntosh, Glen 7 07/03/2014 51 6.51 74,308 125


McIntosh, Glen 7 07/03/2014 51 11.05 -125


McIntosh, Glen 7 07/03/2014 10 11.05 74,183 -125


McIntosh, Glen 7 07/03/2014 51 8.26 74,227 44


McIntosh, Glen 7 07/03/2014 10 11.15 74,183 -44


McIntosh, Glen 7 07/03/2014 51 8.26 78,483 4,300


McIntosh, Glen 7 07/03/2014 10 11.16 74,183 -4,300


McIntosh, Glen 7 07/03/2014 51 8.26 74,483 300


McIntosh, Glen 7 07/03/2014 10 11.14 74,183 -300


McIntosh, Glen 7 07/03/2014 51 8.26 91,883 17,700


McIntosh, Glen 7 07/03/2014 10 11.02 74,183 -17,700


Muhlhauser, Craig 4, 5 07/03/2014 90 -51,050


Muhlhauser, Craig 4, 5 07/03/2014 47 918,656 -51,050


Muhlhauser, Craig 4, 5 16/05/2005 00 51,050


Muhlhauser, Craig 4, 5 11/03/2014 10 9.7477 10,000 -41,050


Muhlhauser, Craig 4, 5 12/03/2014 10 9.7254 0 -10,000

Cenovus Energy Inc. Common Shares Cooke, Shane Darrell 5 01/03/2014 00 819 Cenovus Energy Inc. Common Shares Cooke, Shane Darrell 5 01/03/2014 00 46 Cenovus Energy Inc. Options Cooke, Shane Darrell 5 01/03/2014 00 72,471 Cenovus Energy Inc. Performance Share Units Cooke, Shane Darrell 5 01/03/2014 00 10,091 Cenovus Energy Inc. Common Shares Ferguson, Brian Charles 4, 5 11/03/2014 10 29.4 105,388 8,500 Cenovus Energy Inc. Common Shares Hinton, Thomas George 5 10/03/2014 10 29.67 4,051 3,000 Cenovus Energy Inc. Common Shares McGillivray, Jacqueline

Angela Thomson 5 31/12/2013 30 30.825 660 292

Cenovus Energy Inc. Common Shares McGillivray, Jacqueline Angela Thomson

5 31/12/2013 30 30.825 661 1

Cenovus Energy Inc. Performance Share Units McGillivray, Jacqueline Angela Thomson

5 31/12/2013 30 30.66 11,024 172

Cenovus Energy Inc. Common Shares Mudie, David William 5 31/12/2013 30 31.185 17,588 362 Cenovus Energy Inc. Common Shares Mudie, David William 5 31/12/2013 30 31.458 17,589 1 Cenovus Energy Inc. Common Shares Mudie, David William 5 31/12/2013 30 30.355 17,615 26 Cenovus Energy Inc. Common Shares Mudie, David William 5 31/12/2013 30 30.999 17,617 2

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2924



Acquired/ Disposed

Cenovus Energy Inc. Performance Share Units Mudie, David William 5 31/12/2013 30 30.66 50,408 253 Cenovus Energy Inc. Performance Share Units Mudie, David William 5 31/12/2013 30 30.66 50,604 196 Cenovus Energy Inc. Performance Share Units Mudie, David William 5 31/12/2013 30 30.66 50,800 196 Cenovus Energy Inc. Performance Share Units Mudie, David William 5 31/12/2013 30 30.66 50,801 1 Cenovus Energy Inc. Performance Share Units Mudie, David William 5 31/12/2013 30 30.66 50,950 149 Cenovus Energy Inc. Performance Share Units Mudie, David William 5 28/02/2014 30 30.24 67,426 1 Cenovus Energy Inc. Performance Share Units Mudie, David William 5 28/02/2014 59 30.24 49,549 -17,877 Cenovus Energy Inc. Common Shares Reid, Alan Craig 5 31/12/2013 30 31.16 9,154 309 Cenovus Energy Inc. Common Shares Reid, Alan Craig 5 31/12/2013 30 31.12 9,451 297 Cenovus Energy Inc. Common Shares Reid, Alan Craig 5 31/12/2013 30 31.09 9,452 1 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 31/12/2013 30 30.66 33,724 105 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 31/12/2013 30 30.66 33,846 122 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 31/12/2013 30 30.66 33,978 132 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 31/12/2013 30 30.66 33,979 1 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 31/12/2013 30 30.66 34,151 172 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 31/12/2013 30 30.66 34,152 1 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 28/02/2014 30 30.24 52,586 2 Cenovus Energy Inc. Performance Share Units Reid, Alan Craig 5 28/02/2014 59 30.24 45,110 -7,476 Cenovus Energy Inc. Common Shares Reimer, Paul Andrew 5 31/12/2013 30 31.193 7,016 376 Cenovus Energy Inc. Common Shares Reimer, Paul Andrew 5 31/12/2013 30 31.193 7,017 1 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 31/12/2013 30 30.66 39,065 177 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 31/12/2013 30 30.66 39,212 147 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 31/12/2013 30 30.66 39,344 132 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 31/12/2013 30 30.66 39,345 1 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 31/12/2013 30 30.66 39,504 159 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 28/02/2014 30 30.24 54,063 2 Cenovus Energy Inc. Performance Share Units Reimer, Paul Andrew 5 28/02/2014 59 30.24 41,549 -12,514 Cenovus Energy Inc. Common Shares Robertson, Neil William 5 31/12/2013 30 31.183 10,228 703 Cenovus Energy Inc. Common Shares Robertson, Neil William 5 31/12/2013 30 31.457 10,370 142 Cenovus Energy Inc. Common Shares Robertson, Neil William 5 31/12/2013 30 31.32 10,371 1 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 31/12/2013 30 30.66 32,055 301 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 31/12/2013 30 30.66 32,261 206 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 31/12/2013 30 30.66 32,523 262 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 31/12/2013 30 30.66 32,526 3 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 31/12/2013 30 30.66 32,769 243 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 31/12/2013 30 30.66 32,770 1 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 28/02/2014 30 30.24 43,138 1 Cenovus Energy Inc. Performance Share Units Robertson, Neil William 5 28/02/2014 59 30.24 32,412 -10,726 Cenovus Energy Inc. Common Shares Schiller, Danny Elmer 5 31/12/2013 30 31.193 37,569 391 Cenovus Energy Inc. Common Shares Schiller, Danny Elmer 5 31/12/2013 30 31.32 38,246 677 Cenovus Energy Inc. Common Shares Schiller, Danny Elmer 5 31/12/2013 30 30.355 38,375 129 Cenovus Energy Inc. Common Shares Schiller, Danny Elmer 5 31/12/2013 30 30.956 38,377 2 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 31/12/2013 30 30.66 37,299 177 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 31/12/2013 30 30.66 37,421 122 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 31/12/2013 30 30.66 37,562 141 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 31/12/2013 30 30.66 37,564 2 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 31/12/2013 30 30.66 37,711 147 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 28/02/2014 30 30.24 54,688 2 Cenovus Energy Inc. Performance Share Units Schiller, Danny Elmer 5 28/02/2014 59 30.24 42,175 -12,513 Cenovus Energy Inc. Common Shares Zieglgansberger, Joseph

Drew 5 31/12/2013 30 31.192 27,543 419

Cenovus Energy Inc. Common Shares Zieglgansberger, Joseph Drew

5 31/12/2013 30 31.184 27,729 186


5 31/12/2013 30 31.188 27,731 2


5 31/12/2013 30 31.458 404 6

Cenovus Energy Inc. Performance Share Units Zieglgansberger, Joseph Drew

5 31/12/2013 30 30.66 52,231 253

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2925



Acquired/ Disposed


5 31/12/2013 30 30.66 52,439 208


5 31/12/2013 30 30.66 52,580 141


5 31/12/2013 30 30.66 52,581 1


5 31/12/2013 30 30.66 52,802 221


5 31/12/2013 30 30.66 52,803 1


5 28/02/2014 30 30.24 73,041 1


5 28/02/2014 59 30.24 55,164 -17,877

Certive Solutions Inc. Common Shares POTTER, VAN HAMLIN 4, 5 14/03/2014 00 3,554,417 Certive Solutions Inc. Warrants POTTER, VAN HAMLIN 4, 5 14/03/2014 00 936,667 Cervus Equipment Corporation

Common Shares Deferred Shares

Bell, Don 4 15/01/2010 30 0.18 994

Cervus Equipment Corporation


Bell, Don 4 15/01/2010 30 0.18 994



Bell, Don 4 11/05/2011 56 17.761 2,679 732



Bell, Don 4 14/03/2014 30 6,239 653



Bell, Don 4 14/03/2014 46 6,403 164



Benke, Larry Max 4 14/03/2014 30 18.85 3,032 93



Collicutt, Steven Myles 4 11/05/2011 56 17.761 1,779 732



Collicutt, Steven Myles 4 14/03/2014 30 5,526 840



Collicutt, Steven Myles 4 14/03/2014 46 7,226 1,700



harris, gary wayne 4 11/05/2011 56 17.761 2,568 732



harris, gary wayne 4 14/03/2014 30 6,248 773



harris, gary wayne 4 14/03/2014 46 6,943 695



Higgins, John C. 5 11/11/2010 56 13.422 7,451



Higgins, John C. 5 11/11/2010 56 13.422 10,107 7,444



Higgins, John C. 5 09/08/2012 56 19.66 19,011 2,544



Higgins, John C. 5 07/08/2013 56 19.6 23,974 2,551



Higgins, John C. 5 14/03/2014 30 28,862 2,465



Lacey, Peter Alan 3, 4, 5 13/03/2014 30 21,110 3,151


Common Shares Muth, Randall Walter 5 16/03/2014 30 18.61 27,364 1,110


Common Shares Muth, Randall Walter 5 16/03/2014 30 18.61 5,189 209







Muth, Randall Walter 5 14/03/2014 30 19.48 66,475 2,495

CGI Group Inc. Subordinate Voting Shares Classe A

CUNNINGHAM, KEVIN ANTHONY

5 29/10/2013 00 66


CUNNINGHAM, KEVIN ANTHONY

5 31/12/2013 30 34.523 131 65

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2926



Acquired/ Disposed


FITZPATRICK, DAVID SAMUEL

5 29/10/2013 00 203


FITZPATRICK, DAVID SAMUEL

5 31/12/2013 30 34.499 320 117


Foggo, Melba 5 01/03/2013 00


Foggo, Melba 5 31/12/2013 30 32.551 230 230


Holgate, Colin Victor 5 23/08/2012 00


Holgate, Colin Victor 5 31/12/2013 30 34.279 488 488


Ivroth, Bjorn 5 01/03/2013 00


Ivroth, Bjorn 5 31/12/2013 30 33.894 136 136


McCuaig, Douglas 5 31/12/2013 30 30.825 15,846 1,273


Nikku, Heikki 5 01/03/2013 00


Nikku, Heikki 5 01/03/2013 00


Nikku, Heikki 5 31/12/2013 30 26.616 67 67


Petersen, Martin 5 01/03/2013 00 16


Petersen, Martin 5 31/12/2013 30 33.899 147 131


SMART, STEVEN CHARLES

5 29/10/2013 00 219


SMART, STEVEN CHARLES

5 31/12/2013 30 34.522 346 127


Szabo, Stefan 5 01/03/2013 00 25


Szabo, Stefan 5 31/12/2013 30 35.408 138 113


THORN, STEPHEN MARK 5 29/10/2013 00 170


THORN, STEPHEN MARK 5 31/12/2013 30 34.518 269 99

Chartwell Retirement Residences

Trust Units Schwartz, Thomas 4 18/02/2014 30 10.203 21,310 38

Chartwell Retirement Residences

Trust Units Schwartz, Thomas 4 18/02/2014 30 10.203 4,589 19

Chieftain Metals Corp. Common Shares Mah, Raymond 4 10/03/2014 10 0.38 85,500 10,500 Chieftain Metals Corp. Common Shares Wyprysky, Victor 4, 5 07/03/2014 10 0.39 211,700 5,000 CHLORMET TECHNOLOGIES, INC.

Common Shares Foreman, Ian James 4 10/03/2014 11 0.05 1,053,600 850,000

CHLORMET TECHNOLOGIES, INC.

Warrants Foreman, Ian James 4 10/03/2014 11 0.075 910,000 850,000


Common Shares Hornung, Christopher Paul 4 06/02/2014 00


Common Shares Hornung, Christopher Paul 4 10/03/2014 11 0.05 100,000 100,000


Warrants Hornung, Christopher Paul 4 06/02/2014 00


Warrants Hornung, Christopher Paul 4 10/03/2014 11 0.075 100,000 100,000


Common Shares St. Denis, Tracey 5 01/04/2012 00


Common Shares St. Denis, Tracey 5 10/03/2014 10 0.05 100,000 100,000


Options St. Denis, Tracey 5 01/04/2012 00


Options St. Denis, Tracey 5 12/03/2014 50 0.16 150,000 150,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2927



Acquired/ Disposed


Warrants St. Denis, Tracey 5 01/04/2012 00


Warrants St. Denis, Tracey 5 10/03/2014 10 0.05 100,000 100,000

CIBT Education Group Inc. Common Shares Capital Alliance Group Inc. 1 10/03/2014 10 0.28 1,458,600 8,500 CIBT Education Group Inc. Common Shares Capital Alliance Group Inc. 1 11/03/2014 38 593,000 -865,600 CIBT Education Group Inc. Common Shares Chu, Toby 4, 5 13/03/2014 10 0.26 4,541,847 5,000 Cielo Waste Solutions Corp. Common Shares Class A Allan, Clayton Donald 4, 5 14/03/2014 10 0.15 235,000 -135,000 Cineplex Inc. Performance Share Units Briant, Heather 5 07/03/2014 57 42.07 10,677 -5,053 Cineplex Inc. Options Fitzgerald, Anne Tunstall 5 13/03/2014 59 41.5 36,458 -4,952 Cineplex Inc. Performance Share Units Fitzgerald, Anne Tunstall 5 07/03/2014 57 11,092 -5,053 Cineplex Inc. Performance Share Units Jacob, Ellis 5 07/03/2014 57 42.07 136,601 -130,728 Cineplex Inc. Performance Share Units Kennedy, Michael 5 07/03/2014 57 42.07 18,449 -9,432 Cineplex Inc. Performance Share Units Kent, Jeff 5 07/03/2014 57 42.07 17,623 -8,685 Cineplex Inc. Performance Share Units Mandryk, Suzanna 5 07/03/2014 57 42.07 9,978 -4,953 Cineplex Inc. Performance Share Units McGrath, Daniel F. 5 07/03/2014 57 42.07 42,511 -20,883 Cineplex Inc. Performance Share Units Nelson, Gordon 5 07/03/2014 57 42.07 28,439 -13,685 Cineplex Inc. Performance Share Units Nonis, Paul 5 07/03/2014 57 42.07 9,978 -4,953 Cineplex Inc. Common Shares Sautter, George 5 01/03/2011 00 Cineplex Inc. Common Shares Sautter, George 5 12/03/2014 10 41.225 2,100 Cineplex Inc. Common Shares Sautter, George 5 12/03/2014 10 41.225 2,100 Cineplex Inc. Common Shares Sautter, George 5 12/03/2014 10 41.24 70 70 Cineplex Inc. Common Shares Sautter, George 5 12/03/2014 10 41.225 2,170 2,100 Cineplex Inc. Performance Share Units Sautter, George 5 07/03/2014 57 42.07 9,501 -4,717 Cineplex Inc. Performance Share Units Stanghieri, Fabrizio 5 07/03/2014 57 9,311 -4,245 Clairvest Group Inc. Rights Deferred Share

Units Bregman, Michael David 4 11/02/2013 30 23.5 32,730 128

Clairvest Group Inc. Rights Deferred Share Units

Bregman, Michael David 4 28/03/2013 30 20.98 32,801 71


Bregman, Michael David 4 01/04/2013 30 20.98 34,708 1,907











Clarke Inc. Convertible Debentures 6% Dec 2013 (CKI.DB.A)

Clarke Inc. 1 03/03/2014 38 100 $6,119,000 -$1,852,000


Clarke Inc. 1 04/03/2014 38 100 $5,919,000 -$200,000


Clarke Inc. 1 11/03/2014 10 110 $5,965,000 $46,000


Clarke Inc. 1 12/03/2014 10 110 $6,056,000 $91,000


Clarke Inc. 1 13/03/2014 10 110 $6,081,000 $25,000

Clean Seed Capital Group Ltd.

Common Shares Tommasi, Mark 4 11/03/2014 10 0.55 147,500 -9,000

Clean Seed Capital Group Ltd.

Common Shares Tommasi, Mark 4 11/03/2014 10 0.55 2,247,000 -46,000

Clearwater Seafoods Incorporated

Rights Performance Share Units

Broderick, Paul 5 10/03/2014 56 8.04 60,142 10,168



Burwash, John Gilbert 5 10/03/2014 56 8.04 11,132 8,731



Cotie, Daniel Tyrone 5 02/10/2011 00



Cotie, Daniel Tyrone 5 10/03/2014 56 8.04 5,966 5,966

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2928



Acquired/ Disposed


Common Shares Dickson, James Malcolm 4 06/03/2014 10 7.68 7,500 2,500



Dickson, James Malcolm 4 10/03/2014 56 8.04 7,407 1,399



Giles, Harold 4 10/03/2014 56 8.04 7,576 1,213



Hood, Richard Lawrence Gillis

4 10/03/2014 56 8.04 7,824 1,306



Kavanagh, David John 5 10/03/2014 56 8.04 136,076 10,149



MacDonald, Colin 5 10/03/2014 56 8.04 30,234 4,841



MacDonald, Michael Charles

4 10/03/2014 56 8.04 6,658 1,119



Morency, Gregory 4 10/03/2014 56 8.04 81,811 20,000



Paddick, Brendan John 4 10/03/2014 56 8.04 6,909 1,213



Penney Menafra, Christine Alice

7 10/03/2014 56 8.04 38,221 6,903



PITTMAN, MICHAEL 7 10/03/2014 56 8.04 165,415 10,261



Rathbun, David 7 10/03/2014 56 8.04 20,172 8,116



Risley, John Carter 4 10/03/2014 56 8.04 6,658 1,119



Roe, Eric Robert 7 10/03/2014 56 8.04 169,987 10,261



Smith, Ian David 5 10/03/2014 56 8.04 248,935 43,657



Spavold, Stanley William Leo

5 10/03/2014 56 8.04 7,407 1,399



Traves, Thomas Donald 4 10/03/2014 56 8.04 7,157 1,306



Wight, Robert Derek 7 10/03/2014 56 8.04 165,550 14,459

CODRINGTON RESOURCE CORPORATION

Common Shares hobkirk, adrian frederick 4, 5 10/03/2014 10 0.07 1,395,222 15,000

CODRINGTON RESOURCE CORPORATION

Common Shares hobkirk, adrian frederick 4, 5 12/03/2014 10 0.075 1,405,222 10,000

Columbus Exploration Corporation (formerly Columbus Silver Corporation)

Common Shares hassanally, akbar 5 04/01/2011 00

Columbus Exploration Corporation (formerly Columbus Silver Corporation)

Common Shares hassanally, akbar 5 13/03/2014 10 0.2 7,500 7,500

COM DEV International Ltd. Common Shares Calhoun, Gary 5 31/12/2013 30 54,351 3,970 COM DEV International Ltd. Common Shares Calhoun, Gary 5 28/02/2014 30 3.96 55,666 1,315 COM DEV International Ltd. Common Shares Clark, Bruce 2 31/12/2013 30 29,421 2,075 COM DEV International Ltd. Common Shares Clark, Bruce 2 28/02/2014 30 3.96 30,110 689 COM DEV International Ltd. Common Shares Friesen, Kenneth Allan 5 18/04/2012 00 COM DEV International Ltd. Common Shares Friesen, Kenneth Allan 5 31/12/2013 30 3,143 3,143 COM DEV International Ltd. Common Shares Leech, Lauren Christine 2 31/12/2013 30 827 827 COM DEV International Ltd. Common Shares MacKay, Brian James

Angus 5 28/02/2014 30 3.96 10,757 313

COM DEV International Ltd. Common Shares McCabe, David 2 31/12/2013 30 23,693 4,198 COM DEV International Ltd. Common Shares McCabe, David 2 28/02/2014 30 3.96 28,154 1,408 COM DEV International Ltd. Common Shares Pley, Michael Everett 5 31/12/2013 30 54,921 5,496 COM DEV International Ltd. Common Shares Pley, Michael Everett 5 28/02/2014 30 3.96 56,743 1,822 COMPASS Income Fund Trust Units COMPASS Income Fund 1 07/03/2014 38 13.4 31,012,984 600 COMPASS Income Fund Trust Units COMPASS Income Fund 1 12/03/2014 38 13.4 31,013,584 600 COMPASS Income Fund Trust Units COMPASS Income Fund 1 13/03/2014 10 13.42 31,010,584 -3,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2929



Acquired/ Disposed

Concordia Healthcare Corp. (formerly Mercari Acquisition Corp.)

Common Shares Ahmad, Adeel 5 11/03/2014 15 11.75 20,200 4,200

Concordia Healthcare Corp. (formerly Mercari Acquisition Corp.)

Common Shares Thompson, Mark Laurence 3, 4, 5 11/03/2014 15 11.75 2,115,850 17,100

Connacher Oil and Gas Limited

Common Shares Beaudry, Jesse James 5 02/07/2013 57 0.06 24,778 9,000


Common Shares Beaudry, Jesse James 5 02/07/2013 10 0.06 18,451 -6,327


Common Shares Beaudry, Jesse James 5 02/07/2013 57 0.06 51,784 33,333


Common Shares Beaudry, Jesse James 5 02/07/2013 10 0.06 27,306 -24,478


Restricted Share Units Beaudry, Jesse James 5 02/07/2013 57 57,667 -9,000


Restricted Share Units Beaudry, Jesse James 5 02/07/2013 57 24,334 -33,333


Common Shares Johnson, Merle Duane 5 02/07/2013 57 19,069 7,875


Common Shares Johnson, Merle Duane 5 02/07/2013 10 0.06 13,533 -5,536


Common Shares Johnson, Merle Duane 5 02/07/2013 57 46,866 33,333


Common Shares Johnson, Merle Duane 5 02/07/2013 10 0.06 22,388 -24,478


Restricted Share Units Johnson, Merle Duane 5 02/07/2013 57 58,792 -7,875


Restricted Share Units Johnson, Merle Duane 5 02/07/2013 57 25,459 -33,333


Common Shares Pollard, Gregory Ian 5 01/07/2012 00


Common Shares Pollard, Gregory Ian 5 30/07/2013 57 33,333 33,333


Restricted Share Units Pollard, Gregory Ian 5 30/07/2013 57 66,667 -33,333

Conquest Resources Limited Options Batson, Benjamin C.E. 5 14/03/2014 52 500,000 -100,000 Conquest Resources Limited Options Gauthier, Gerald John 4 14/03/2014 52 0 -400,000 Conquest Resources Limited Options Kearney, John Francis 4, 5 14/03/2014 52 500,000 -200,000 Conquest Resources Limited Options McKillen, Terence Nigel 4 14/03/2014 52 0 -900,000 Conquest Resources Limited Options Steenberg, Neil James

Francis 4, 5 14/03/2014 52 0 -400,000

Constantine Metal Resources Ltd.

Common Shares Tognetti, John 3 10/03/2014 10 0.115 11,794,000 51,000

Constellation Software Inc. Common Shares Billowits, John Edward 5 11/03/2014 10 262.46 28,965 -400 Constellation Software Inc. Common Shares Billowits, John Edward 5 12/03/2014 10 258.39 25,365 -3,600 Constellation Software Inc. Common Shares Miller, Mark Robert 5 13/06/2013 30 143 141,889 5,985 Copper Reef Mining Corporation

Common Shares Masson, Stephen Leo 3 10/03/2014 10 0.025 1,748,316 50,000

Copper Reef Mining Corporation












Corby Spirit and Wine Limited (formerly Corby Distilleries Limited)

Common Shares Class A Cote, Stephane 5 28/02/2014 30 19.764 1,083 110


Common Shares Class A Holub, Paul 5 28/02/2014 30 19.764 14,559 143

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2930



Acquired/ Disposed


Common Shares Class A Leburn, John Kevin Stewart 4, 5 28/02/2014 30 19.764 2,308 76


Common Shares Class A O'Driscoll, Roland Patrick 4, 5 28/02/2014 30 19.764 7,022 103


Common Shares Class A Valencia, Marc Andrew 5 28/02/2014 30 19.764 14,963 145

Cornerstone Metals Inc. Common Shares Sveinson, Frederick J. 4, 5 14/03/2014 10 0.045 675,799 8,000 Corridor Resources Inc. Common Shares Desmarais, Achille Eugène 4 15/10/2013 10 0.83 26,820 -180 CounterPath Corporation Common Shares Jones, Donovan 4, 5 07/03/2014 30 1.3017 86,602 1,152 CounterPath Corporation Common Shares Karp, David Lawrence 5 07/03/2014 30 1.3017 66,953 350 Creso Exploration Inc. Common Shares Gauthier, Pierre 4, 5 05/03/2014 10 0.2015 908,334 -800,000 Creso Exploration Inc. Common Shares Gauthier, Pierre 4, 5 07/03/2014 10 0.2 708,334 -200,000 Critical Outcome Technologies Inc.

Warrants Alexander, Douglas Stewart 4 21/10/2011 53 8,247

Critical Outcome Technologies Inc.



Warrants Alexander, Douglas Stewart 4 21/10/2011 53 39,497 8,247






Warrants Alexander, Douglas Stewart 4 21/10/2011 53 46,250 6,753


Warrants Danter, Wayne Robert 3, 4, 5 21/10/2011 53 39,270




Warrants Danter, Wayne Robert 3, 4, 5 21/10/2011 53 89,270 39,270






Warrants Danter, Wayne Robert 3, 4, 5 21/10/2011 53 121,428 32,158


Warrants Drake, John C. 3, 5 21/10/2011 53 39,270




Warrants Drake, John C. 3, 5 21/10/2011 53 39,270 39,270






Warrants Drake, John C. 3, 5 21/10/2011 53 71,428 32,158


Common Shares Kelly, Eugene Francis 5 10/03/2014 90 0.22 -79,140


Common Shares Kelly, Eugene Francis 5 10/03/2014 11 0.22 489,572 -79,140


Common Shares Kelly, Eugene Francis 5 30/10/2006 00


Common Shares Kelly, Eugene Francis 5 10/03/2014 90 0.22 79,140


Common Shares Kelly, Eugene Francis 5 10/03/2014 90 0.22 79,140


Warrants Kelly, Eugene Francis 5 21/10/2011 53 14,137




Warrants Kelly, Eugene Francis 5 21/10/2011 53 32,887 14,137

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2931



Acquired/ Disposed






Warrants Kelly, Eugene Francis 5 21/10/2011 53 44,464 11,577


Warrants Maruzzo, Bruno 4 21/10/2011 53 2,749




Warrants Maruzzo, Bruno 4 21/10/2011 53 33,999 2,749






Warrants Maruzzo, Bruno 4 21/10/2011 53 36,250 2,251

CriticalControl Solutions Corp.

Common Shares CriticalControl Solutions Corp.

1 10/03/2014 38 0.46 227,000 8,500



1 11/03/2014 38 0.45 235,000 8,000



1 11/03/2014 38 0.46 235,500 500



1 12/03/2014 38 0.46 239,500 4,000

DATA Group Ltd. Common Shares Barron, Frederick William 5 12/03/2014 30 0.7205 27,107 14,544 DATA Group Ltd. Common Shares Greenhough, John 4 01/01/2012 00 DATA Group Ltd. Common Shares Greenhough, John 4 10/03/2014 10 0.69 14,000 14,000 DATA Group Ltd. Common Shares O'Shea, Paul Edward 6, 5 12/03/2014 30 0.7205 74,190 19,166 DATA Group Ltd. Common Shares Ridout, Derek Michael 4 11/03/2014 10 0.71 44,000 14,000 DATA Group Ltd. Common Shares Roberts, Alan 5 01/01/2014 00 11,000 DATA Group Ltd. Common Shares Schwind, Diane Lorraine 5 12/03/2014 30 0.7205 48,730 18,958 DATA Group Ltd. Common Shares Suksi, Michael Ronald 4, 5 12/03/2014 30 0.7205 88,285 25,555 DATA Group Ltd. Common Shares Wittal, Stephen 5 12/03/2014 30 0.7205 28,215 12,777 DeeThree Exploration Ltd. Common Shares Nerland, Dennis Leroy 3, 4, 5 31/12/2013 30 8.6644 76,695 862 DELPHI ENERGY CORP. Common Shares Angelidis, Tony 4, 5 11/03/2014 30 2.13 796,018 2,898 DELPHI ENERGY CORP. Common Shares Batteke, Hugo 5 11/03/2014 30 2.13 226,812 2,598 DELPHI ENERGY CORP. Common Shares Galvin, Michael 5 11/03/2014 30 2.13 70,133 2,748 DELPHI ENERGY CORP. Common Shares Hume, Rod Allan 5 11/03/2014 30 2.13 187,877 3,048 DELPHI ENERGY CORP. Common Shares Kohlhammer, Brian 5 11/03/2014 30 2.13 278,324 3,248 DELPHI ENERGY CORP. Options Lehodey, Robert Alexander 4 19/06/2003 00 DELPHI ENERGY CORP. Options Lehodey, Robert Alexander 4 19/06/2003 00 DELPHI ENERGY CORP. Options Lehodey, Robert Alexander 4 19/06/2003 00 DELPHI ENERGY CORP. Options Lehodey, Robert Alexander 4 23/07/2003 50 1.45 40,000 DELPHI ENERGY CORP. Options Lehodey, Robert Alexander 4 23/07/2003 50 1.45 40,000 DELPHI ENERGY CORP. Options Lehodey, Robert Alexander 4 23/07/2003 50 1.45 40,000 DELPHI ENERGY CORP. Options Mulherin, Stephen W.C. 4 25/04/2013 50 1.26 400,000 150,000 DELPHI ENERGY CORP. Common Shares Reid, David James 4, 5 11/03/2014 30 2.13 288,829 3,898 Denison Mines Corp. (formerly International Uranium Corporation)

Options Blower, Steve 5 06/03/2014 50 1.82 249,000 82,000

Denison Mines Corp. (formerly International Uranium Corporation)

Options Cates, David Daniel 5 06/03/2014 50 1.82 238,000 91,000


Options Colman, Sheila Margaret 5 06/03/2014 50 1.82 120,000 45,000


Options Craig, John Hunter 4 06/03/2014 50 1.82 237,500 50,000


Options Dengler, W. Robert 4 06/03/2014 50 360,300 50,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2932



Acquired/ Disposed


Options Edgar, Brian Douglas 4 06/03/2014 50 237,500 50,000


Options Hochstein, Ronald F. 4, 5 06/03/2014 50 1.82 1,363,475 200,000


Options Kim, Tae-hwan 4 06/03/2014 50 1.82 50,000 50,000


Options Lundin, Lukas Henrik 4, 5 06/03/2014 50 1.82 275,000 50,000


Options Rand, William Archibald 4 06/03/2014 50 1.82 237,500 50,000


Options Schoonderwoerd, Michael James

5 06/03/2014 50 348,800 62,000


Options Stefan, Catherine Jean Garrett

4 06/03/2014 50 1.82 368,020 50,000

Detour Gold Corporation Common Shares Anwyll, Edward William Drew

5 07/03/2014 15 9.25 20,200 5,000

Detour Gold Corporation Common Shares Falzon, Andre Roger 4 13/03/2014 51 8.63 20,000 Detour Gold Corporation Common Shares Falzon, Andre Roger 4 13/03/2014 51 8.35 30,000 20,000 Detour Gold Corporation Common Shares Falzon, Andre Roger 4 13/03/2014 10 10.63 10,000 -20,000 Detour Gold Corporation Options Falzon, Andre Roger 4 13/03/2014 51 8.35 25,000 -20,000 DHX Media Ltd. Common Shares Landry, Dana Sean 5 07/03/2014 10 5 275,000 -10,000 Diagnos Inc. Common Shares Inwentash, Sheldon 6 07/03/2014 10 0.08 8,000,000 -2,000 Diagnos Inc. Common Shares Pinetree Capital Ltd. 3 07/03/2014 10 0.08 8,000,000 -2,000 Difference Capital Financial Inc.

Common Shares Fecan, Ivan 4 17/06/2013 00 7,200

Difference Capital Financial Inc.

Common Shares Fecan, Ivan 4 22/07/2013 10 3.75 20,500 13,300


Warrants Fecan, Ivan 4 17/06/2013 00 36,000


Common Shares Hall, Wesley 4 31/05/2012 37 1,152,000 -10,368,000


Common Shares Hall, Wesley 4 13/06/2013 37 -10,368,000


Common Shares Hall, Wesley 4 13/06/2013 37 115,200 -1,036,800


Common Shares Hall, Wesley 4 13/06/2013 37 200,000 -1,800,000

Dividend 15 Split Corp. Preferred Shares Cruickshank, Peter F. 4, 5 13/03/2014 10 10.25 28,876 5,000 Dividend Growth Split Corp. Class A Shares Pether, Raymond 4 11/03/2014 10 10.05 5,000 -200 Dividend Growth Split Corp. Class A Shares Pether, Raymond 4 11/03/2014 10 10.02 2,500 -2,500 Dividend Growth Split Corp. Class A Shares Pether, Raymond 4 12/03/2014 10 9.89 0 -2,500 Donnycreek Energy Inc. Common Shares Riddell, Clayton H. 3 20/06/2012 00 Donnycreek Energy Inc. Common Shares Riddell, Clayton H. 3 10/03/2014 10 2.2 123,100 123,100 Donnycreek Energy Inc. Common Shares Riddell, Clayton H. 3 10/03/2014 10 2.2 124,100 1,000 DragonWave Inc. Common Shares McDonald, Timothy 3 14/03/2014 10 1.4998 6,566,778 109,000 Duran Ventures Inc. Common Shares

Unlimited, No Par Value Brunelle, Steven Samuel 4 10/03/2014 10 0.015 2,575,500 300,000

Duran Ventures Inc. Common Shares Unlimited, No Par Value

Reeder, Jeffrey 4 10/03/2014 10 0.015 418,056 93,000


Reeder, Jeffrey 4 10/03/2014 10 0.015 4,443,360 407,000


Reeder, Jeffrey 4 13/03/2014 10 0.02 4,718,360 275,000

Dynacor Gold Mines Inc. Common Shares Demers, Roger 4 10/03/2014 10 1.92 196,600 -13,400 Dynacor Gold Mines Inc. Common Shares Demers, Roger 4 11/03/2014 10 1.92 190,000 -6,600 Dynacor Gold Mines Inc. Common Shares Martineau, Jean 4, 5 18/10/2007 00 Dynacor Gold Mines Inc. Common Shares Martineau, Jean 4, 5 11/03/2014 10 1.9 7,000 7,000 Dynacor Gold Mines Inc. Common Shares Martineau, Jean 4, 5 11/03/2014 10 1.92 20,000 13,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2933



Acquired/ Disposed

E.G. Capital Inc. Common Shares Eaman, Keith Ferguson 3, 4, 5 04/03/2014 10 0.005 3,190,835 -300,000 easyhome Ltd. Common Shares Ingram, David 4, 5 11/03/2014 51 8.51 312,829 20,000 easyhome Ltd. Options Ingram, David 4, 5 11/03/2014 51 8.51 328,120 -20,000 easyhome Ltd. Common Shares Mullins, Jason 5 14/03/2014 10 18.9 3,000 2,000 Eclipse Residential Mortgage Investment Corporation

Class A Shares Eclipse Residential Mortgage Investment Corporation

1 03/02/2014 38 7.9 3,000 3,000

Eclipse Residential Mortgage Investment Corporation


1 03/02/2014 38 7.9 0 -3,000



1 04/02/2014 38 7.9 3,000 3,000



1 04/02/2014 38 7.9 0 -3,000



1 05/02/2014 38 7.85 3,000 3,000



1 05/02/2014 38 7.85 0 -3,000



1 06/02/2014 38 7.94 3,000 3,000



1 06/02/2014 38 7.94 0 -3,000



1 07/02/2014 38 7.96 3,000 3,000



1 07/02/2014 38 7.96 0 -3,000



1 11/02/2014 38 7.97 3,000 3,000



1 11/02/2014 38 7.97 0 -3,000



1 13/02/2014 38 7.91 2,200 2,200



1 13/02/2014 38 7.91 0 -2,200



1 14/02/2014 38 7.91 3,000 3,000



1 14/02/2014 38 7.91 0 -3,000



1 18/02/2014 38 7.91 3,000 3,000



1 18/02/2014 38 7.91 0 -3,000



1 19/02/2014 38 7.91 3,000 3,000



1 19/02/2014 38 7.91 0 -3,000



1 20/02/2014 38 7.97 3,000 3,000



1 20/02/2014 38 7.97 0 -3,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2934



Acquired/ Disposed



1 21/02/2014 38 7.99 3,000 3,000



1 21/02/2014 38 7.99 0 -3,000



1 25/02/2014 38 7.9 3,000 3,000



1 25/02/2014 38 7.9 0 -3,000



1 27/02/2014 38 7.85 2,700 2,700



1 27/02/2014 38 7.85 0 -2,700

Economic Investment Trust Limited

Common Shares Canadian & Foreign Securities Co. Limited

3 11/03/2014 10 95.2 630,713 300

Economic Investment Trust Limited

Common Shares Canadian & Foreign Securities Co. Limited

3 12/03/2014 10 89.95 640,413 9,700

Electrovaya Inc. Options Lean, Ralph E. 4 25/02/2014 00 Electrovaya Inc. Options Lean, Ralph E. 4 07/03/2014 50 15,000 15,000 Element Financial Corporation

Options Bergeron, Tony 5 13/03/2014 50 14.79 195,278 15,278

Element Financial Corporation

Deferred Share Units Giffin, Gordon 4 25/04/2013 00


Deferred Share Units Giffin, Gordon 4 05/03/2014 56 13.629 5,471 5,471


Options Giffin, Gordon 4 05/03/2014 50 14.37 55,608 1,941


Options Hudson, Todd Charles 5 13/03/2014 50 14.79 404,954 15,278


Options Sands, John Stephen 5 13/03/2014 50 14.79 404,954 15,278

Eloro Resources Ltd. Common Shares ESTEPA, JORGE 5 11/03/2014 10 0.015 211,500 100,000 Eloro Resources Ltd. Common Shares ESTEPA, JORGE 5 13/03/2014 10 0.015 213,500 2,000 EMC Metals Corp. Common Shares Davies, Barry T. 4 07/03/2014 11 0.025 5,970,000 1,000,000 Enbridge Inc. Common Shares Balko, Jody 7 13/03/2014 51 15.84 13,813 6,400 Enbridge Inc. Common Shares Balko, Jody 7 13/03/2014 10 49.12 7,413 -6,400 Enbridge Inc. Common Shares Balko, Jody 7 13/03/2014 30 45.18 7,992 579 Enbridge Inc. Common Shares Balko, Jody 7 01/01/2014 00 6,291 Enbridge Inc. Common Shares Balko, Jody 7 28/02/2014 30 41.51 6,475 184 Enbridge Inc. Options $15.84 ($31.68)

($63.36) - February 3, 2015 Expiry

Balko, Jody 7 13/03/2014 51 0 -6,400

Enbridge Inc. Rights - 2011 Performance Units (PUs) - December 31, 2013 Expiry

Balko, Jody 7 01/01/2014 00 5,128


Balko, Jody 7 13/03/2014 30 5,238 110


Balko, Jody 7 14/03/2014 59 0 -5,238


Balko, Jody 7 01/01/2014 00 4,403


Balko, Jody 7 13/03/2014 30 4,531 128


Balko, Jody 7 01/01/2014 00 3,927


Balko, Jody 7 13/03/2014 30 4,041 114

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2935



Acquired/ Disposed

Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 51 23.295 58,228 14,450 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 38 49.07 51,368 -6,860 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 10 49.06 43,778 -7,590 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 51 28.775 69,078 25,300 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 38 49.07 54,241 -14,837 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 10 49.06 43,778 -10,463 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 51 38.34 66,678 22,900 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 38 49.07 48,785 -17,893 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 10 49.06 43,778 -5,007 Enbridge Inc. Common Shares Jarvis, Donald Guy 5 13/03/2014 30 45.18 44,290 512 Enbridge Inc. Options $23.295 ($46.59)

- February 16, 2020 Expiry Jarvis, Donald Guy 5 13/03/2014 51 0 -14,450

Enbridge Inc. Options $28.775 ($57.55) - February 14, 2021 Expiry

Jarvis, Donald Guy 5 13/03/2014 51 25,300 -25,300

Enbridge Inc. Options $38.34 - March 2, 2022 Expiry

Jarvis, Donald Guy 5 13/03/2014 51 45,800 -22,900


Jarvis, Donald Guy 5 31/12/2013 30 7,203 201


Jarvis, Donald Guy 5 14/03/2014 59 0 -7,203





Enbridge Inc. Common Shares Robottom, David Thomas 5 31/12/2013 30 43.47 5,151 37 Enbridge Inc. Common Shares Robottom, David Thomas 5 13/03/2014 51 17.275 61,021 13,000 Enbridge Inc. Common Shares Robottom, David Thomas 5 13/03/2014 10 49.5 48,021 -13,000 Enbridge Inc. Common Shares Robottom, David Thomas 5 13/03/2014 30 46.75 48,229 208 Enbridge Inc. Common Shares Robottom, David Thomas 5 14/03/2014 51 17.275 63,229 15,000 Enbridge Inc. Common Shares Robottom, David Thomas 5 14/03/2014 10 48.9 48,229 -15,000 Enbridge Inc. Options $17.275 ($34.55)

- June 1, 2016 Expiry Robottom, David Thomas 5 13/03/2014 51 33,800 -13,000

Enbridge Inc. Options $17.275 ($34.55) - June 1, 2016 Expiry

Robottom, David Thomas 5 14/03/2014 51 18,800 -15,000


Robottom, David Thomas 5 14/03/2014 59 0 -11,568


Robottom, David Thomas 5 13/03/2014 30 9,169 67


Robottom, David Thomas 5 13/03/2014 30 8,030 59

Encana Corporation Common Shares Williams, Michael 5 10/03/2014 00 Encana Corporation Options Williams, Michael 5 10/03/2014 00 Encana Corporation Options Williams, Michael 5 10/03/2014 50 22.26 53,228 53,228 Encana Corporation Restricted Share Units Williams, Michael 5 10/03/2014 00 Encana Corporation Restricted Share Units Williams, Michael 5 10/03/2014 56 11,231 11,231 Encana Corporation Rights - Performance

Share Unit Plan Williams, Michael 5 10/03/2014 00

Encana Corporation Rights - Performance Share Unit Plan

Williams, Michael 5 10/03/2014 56 22,462 22,462

Encana Corporation Rights - Performance Share Unit Plan

Williams, Michael 5 10/03/2014 56 44,924 22,462

Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 51 1.87 245,100 75,000 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.02 228,300 -16,800 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.03 19,600 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.03 19,600 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.02 16,800 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.02 16,800

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2936



Acquired/ Disposed

Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.03 208,700 -19,600 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 13/03/2014 10 6.04 203,700 -5,000 Endeavour Silver Corp. Common Shares Szotlender, Mario 4 14/03/2014 10 6.1 195,100 -8,600 Endeavour Silver Corp. Options Szotlender, Mario 4 13/03/2014 51 326,000 -75,000 Endurance Gold Corporation Common Shares Arnold, Ross H. 4 12/03/2014 16 0.07 14,258,770 554,857 Endurance Gold Corporation Warrants Arnold, Ross H. 4 12/03/2014 16 4,704,857 554,857 Endurance Gold Corporation Common Shares Gilliam, Richard 4 12/03/2014 16 0.07 13,401,770 554,857 Endurance Gold Corporation Warrants Gilliam, Richard 4 12/03/2014 16 3,204,857 554,857 EnerCare Inc. (formerly The Consumers' Waterheater Income Fund)

Options Cers, Laima Rita 5 10/03/2014 50 28,832

EnerCare Inc. (formerly The Consumers' Waterheater Income Fund)

Options Cers, Laima Rita 5 10/03/2014 50 28,832


Options Cers, Laima Rita 5 10/03/2014 50 58,061 27,190


Performance Units Cers, Laima Rita 5 05/03/2014 56 8,269 3,666


Deferred Share Units de Wilde, Lisa 4 05/03/2014 56 22,464 4,028


Options Garland, Ross 5 10/03/2014 50 38,812


Options Garland, Ross 5 10/03/2014 50 38,812


Options Garland, Ross 5 10/03/2014 50 69,611 36,601


Performance Units Garland, Ross 5 05/03/2014 56 9,965 4,935


Options Macdonald, John 5 10/03/2014 50 191,683


Options Macdonald, John 5 10/03/2014 50 191,683


Options Macdonald, John 5 10/03/2014 50 682,368 180,766


Performance Units Macdonald, John 5 05/03/2014 56 119,852 24,371


Deferred Share Units Palombo, Grace 4 05/03/2014 56 6,658 4,028


Deferred Share Units Pantelidis, James 4 05/03/2014 56 104,450 9,063


Deferred Share Units Patava, Miroslav Jerry 4 05/03/2014 56 19,931 4,532


Deferred Share Units Pearce, Roy 4 05/03/2014 56 42,269 4,532


Deferred Share Units Rousseau, Michael Stewart 4 05/03/2014 56 19,931 4,532


Options Sutherland, Evelyn Louise 5 10/03/2014 50 74,851


Options Sutherland, Evelyn Louise 5 10/03/2014 50 74,851

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2937



Acquired/ Disposed


Options Sutherland, Evelyn Louise 5 10/03/2014 50 178,145 70,588


Performance Units Sutherland, Evelyn Louise 5 05/03/2014 56 46,209 9,517


Options Toffoletto, John 5 10/03/2014 50 67,723


Options Toffoletto, John 5 10/03/2014 50 67,723


Options Toffoletto, John 5 10/03/2014 50 207,497 63,866


Performance Units Toffoletto, John 5 05/03/2014 56 42,986 8,610


Deferred Share Units Wells, William M. 4 05/03/2014 56 7,819 4,532

Enerflex Ltd. Rights Deferred Share Units (cash settled)

Beebe, Bradley 5 11/03/2014 56 16.6 1,566 723


Harbilas, James 5 11/03/2014 56 16.6 32,185 13,253


Ionel, Carol Ann 5 11/03/2014 56 16.6 18,728 4,819


Moore, William Angus 5 11/03/2014 56 16.6 23,774 7,785


Stewart, Gregory Dean 5 01/06/2011 00


Stewart, Gregory Dean 5 11/03/2014 56 16.6 7,229 7,229

ENERGY INDEXPLUS Dividend Fund

Trust Units ENERGY INDEXPLUS Dividend Fund

1 11/03/2014 38 9.84 1,016,927 2,000

ENERGY INDEXPLUS Dividend Fund

Trust Units ENERGY INDEXPLUS Dividend Fund

1 13/03/2014 38 9.65 1,017,427 500

Enerplus Corporation Common Shares McLaughlin, Edward 5 07/05/2012 00 Enerplus Corporation Common Shares McLaughlin, Edward 5 07/05/2012 00 375 Enertopia Corp. Common Shares Thomas, John 4 12/03/2014 51 0.15 100,000 50,000 Enertopia Corp. Options Thomas, John 4 12/03/2014 51 0.15 50,000 Enertopia Corp. Options Thomas, John 4 12/03/2014 51 0.15 250,000 -50,000 Enghouse Systems Limited Options Employee Stock

Option Demirian, Eric 4 07/03/2014 50 34.45 70,000 10,000

Enghouse Systems Limited Options Employee Stock Option

Gibson, John George 4 07/03/2014 50 34.45 70,000 10,000

Enghouse Systems Limited Options Employee Stock Option

Stoyan, Paul James 4 07/03/2014 50 34.45 50,000 10,000

ENTREC Corporation Common Shares ENTREC Corporation 1 12/03/2014 00 ENTREC Corporation Common Shares ENTREC Corporation 1 13/03/2014 38 1.4897 200,000 200,000 ENTREC Corporation Common Shares ENTREC Corporation 1 13/03/2014 38 1.5 215,000 15,000 ENTREC Corporation Common Shares ENTREC Corporation 1 14/03/2014 38 1.5045 263,200 48,200 ENTREC Corporation Common Shares ENTREC Corporation 1 14/03/2014 38 1.4749 342,900 79,700 ePals Corporation Restricted Share Units

(RSU) Lowenstein, David 4 07/03/2014 56 250,000 250,000

ePals Corporation Restricted Share Units (RSU)

Lowenstein, David 4 07/03/2014 57 0 -250,000

ePals Corporation Voting Common Shares Lowenstein, David 4 07/03/2014 57 250,000 250,000 EQ Inc. Common Shares Rotstein, Geoffrey 4, 5 19/06/2013 37 149,087 -1,043,613 Equitable Group Inc. Options Options granted Downie, David 5 10/03/2014 50 52.9 14,643 2,650 Equitable Group Inc. Rights Restricted Share

Units Downie, David 5 31/12/2013 30 1,265 12

Equitable Group Inc. Rights Restricted Share Units

Downie, David 5 10/03/2014 56 52.9 1,718 453


Edmunds, William Reid 7 31/12/2013 30 3,334 20

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2938



Acquired/ Disposed

Equitable Group Inc. Common Shares Farella, Isabelle 5 07/03/2014 51 29.32 385 357 Equitable Group Inc. Common Shares Farella, Isabelle 5 07/03/2014 10 55 28 -357 Equitable Group Inc. Common Shares Farella, Isabelle 5 07/03/2014 51 36.11 461 433 Equitable Group Inc. Common Shares Farella, Isabelle 5 07/03/2014 10 55 28 -433 Equitable Group Inc. Options Options granted Farella, Isabelle 5 07/03/2014 51 29.32 4,596 -357 Equitable Group Inc. Options Options granted Farella, Isabelle 5 07/03/2014 51 36.11 4,163 -433 Equitable Group Inc. Options Options granted Farella, Isabelle 5 10/03/2014 50 52.9 5,905 1,742 Equitable Group Inc. Rights Restricted Share

Units Farella, Isabelle 5 31/12/2013 30 677 5


Farella, Isabelle 5 10/03/2014 56 52.9 975 298

Equitable Group Inc. Common Shares Fryer, Scott Allan 5 31/12/2013 30 2,507 191 Equitable Group Inc. Rights Restricted Share

Units Fryer, Scott Allan 5 31/12/2013 30 766 10

Equitable Group Inc. Options Options granted Kukulowicz, Kimberly 7 10/03/2014 50 52.9 15,563 2,212 Equitable Group Inc. Rights Restricted Share

Units Kukulowicz, Kimberly 7 31/12/2013 30 1,148 10


Kukulowicz, Kimberly 7 10/03/2014 56 52.9 1,526 378

Equitable Group Inc. Rights Deferred Share Units

LeGresley, David Malcolm Balfour

4 21/05/2013 56 37.43 2,290 668

Equitable Group Inc. Rights Deferred Share Units

LeGresley, David Malcolm Balfour

4 31/12/2013 30 2,320 30

Equitable Group Inc. Common Shares Leland, Brian 7 07/03/2014 51 24.75 1,105 1,000 Equitable Group Inc. Common Shares Leland, Brian 7 07/03/2014 10 55 105 -1,000 Equitable Group Inc. Options Options granted Leland, Brian 7 07/03/2014 51 24.75 9,718 -1,000 Equitable Group Inc. Options Options granted Leland, Brian 7 10/03/2014 50 52.9 11,654 1,936 Equitable Group Inc. Rights Restricted Share

Units Leland, Brian 7 31/12/2013 30 1,069 9


Leland, Brian 7 10/03/2014 56 52.9 1,400 331

Equitable Group Inc. Options Options granted Malozewski, Tamara 7 10/03/2014 50 52.9 10,486 2,168 Equitable Group Inc. Rights Restricted Share

Units Malozewski, Tamara 7 31/12/2013 30 1,142 10


Malozewski, Tamara 7 10/03/2014 56 52.9 1,513 371

Equitable Group Inc. Options Options granted Moor, Andrew 5 10/03/2014 50 52.9 251,515 39,823 Equitable Group Inc. Options Options granted Moor, Andrew 5 10/03/2014 50 52.9 254,165 2,650 Equitable Group Inc. Rights Restricted Share

Units Moor, Andrew 5 31/12/2013 30 3,274 34


Moor, Andrew 5 31/12/2013 30 3,286 12


Moor, Andrew 5 10/03/2014 56 52.9 2,269


Moor, Andrew 5 10/03/2014 56 52.9 5,555 2,269


Moor, Andrew 5 10/03/2014 56 52.9 6,008 453

Equitable Group Inc. Options Options granted Ruch, Daniel 7 10/03/2014 50 52.9 6,378 2,378 Equitable Group Inc. Rights Restricted Share

Units Ruch, Daniel 7 08/04/2013 00


Ruch, Daniel 7 10/03/2014 56 52.9 406 406

Equitable Group Inc. Common Shares Smith, Stephen 3 12/03/2014 10 56.5 2,091,200 100,000 Equitable Group Inc. Common Shares Smith, Stephen 3 13/03/2014 10 56.5 2,140,600 49,400 Equitable Group Inc. Options Options granted Sperling, Jody Lynn 5 10/03/2014 50 52.9 14,067 1,825 Equitable Group Inc. Rights Restricted Share

Units Sperling, Jody Lynn 5 31/12/2013 30 1,055 9


Sperling, Jody Lynn 5 10/03/2014 56 52.9 1,367 312

Equitable Group Inc. Options Options granted Tratch, Ronald Walter 7 10/03/2014 50 52.9 15,197 2,464 Equitable Group Inc. Rights Restricted Share

Units Tratch, Ronald Walter 7 31/12/2013 30 1,091 11

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2939



Acquired/ Disposed


Tratch, Ronald Walter 7 10/03/2014 56 52.9 1,512 421

Equitable Group Inc. Options Options granted Wilson, Timothy James 5 10/03/2014 50 52.9 57,406 7,406 Equitable Group Inc. Rights Restricted Share

Units Wilson, Timothy James 5 31/12/2013 56 52.9 1,266


Wilson, Timothy James 5 31/12/2013 30 1,819 19


Wilson, Timothy James 5 10/03/2014 56 52.9 3,085 1,266

Eskay Mining Corp Common Shares Balkam, Hugh McLellan 4 13/03/2014 10 0.09 1,756,500 41,500 Eskay Mining Corp Common Shares Balkam, Hugh McLellan 4 11/03/2014 10 0.1 1,948,500 110,000 Eskay Mining Corp Common Shares McMehen, John Gordon 4 14/03/2014 10 0.095 2,088,276 24,000 Eskay Mining Corp Common Shares McMehen, John Gordon 4 14/03/2014 10 0.1 2,120,276 32,000 Espial Group Inc. Common Shares Deck, Philip Charles 6 07/03/2014 10 1.8019 1,419,316 -150,000 Espial Group Inc. Common Shares Extuple General Partner

Corp. 7 07/03/2014 10 1.8019 1,419,316 -150,000

Espial Group Inc. Common Shares Extuple Limited Partnership 3 07/03/2014 10 1.8019 1,419,316 -150,000 Everton Resources Inc. Options Audet, André 4 09/03/2014 52 490,000 -49,000 Everton Resources Inc. Options Audet, André 4 11/03/2014 50 0.2 540,000 Everton Resources Inc. Options Audet, André 4 11/03/2014 50 0.2 990,000 500,000 Everton Resources Inc. Options Brouwer, Salvador 4 11/03/2014 50 0.2 160,000 120,000 Everton Resources Inc. Options Di Paola, Sabino Roberto 5 11/03/2014 50 0.2 60,000 40,000 Everton Resources Inc. Options Farrant, Michael Hugh 4 09/03/2014 52 0.5 60,000 -12,000 Everton Resources Inc. Options Farrant, Michael Hugh 4 11/03/2014 50 0.2 270,000 210,000 Everton Resources Inc. Common Shares Mintz, Steven Michael 4 10/03/2014 11 0.2 100,000 100,000 Everton Resources Inc. Common Shares Mintz, Steven Michael 4 10/03/2014 11 0.2 65,000 65,000 Everton Resources Inc. Options Mintz, Steven Michael 4 27/05/2013 00 Everton Resources Inc. Options Mintz, Steven Michael 4 11/03/2014 50 120,000 120,000 Everton Resources Inc. Warrants Mintz, Steven Michael 4 27/05/2013 00 Everton Resources Inc. Warrants Mintz, Steven Michael 4 10/03/2014 53 0.35 100,000 100,000 Everton Resources Inc. Warrants Mintz, Steven Michael 4 27/05/2013 00 Everton Resources Inc. Warrants Mintz, Steven Michael 4 10/03/2014 53 0.35 65,000 65,000 Everton Resources Inc. Options Stein, Keith 4 27/05/2013 00 Everton Resources Inc. Options Stein, Keith 4 11/03/2014 50 0.2 120,000 120,000 Evertz Technologies Limited Common Shares Assalone, Antoniella 5 10/03/2014 51 11.17 4,223 4,000 Evertz Technologies Limited Options Assalone, Antoniella 5 10/03/2014 51 11.17 0 -4,000 Evertz Technologies Limited Common Shares Gridley, Anthony Ronald 5 10/03/2014 51 11.17 20,000 4,000 Evertz Technologies Limited Options Gridley, Anthony Ronald 5 10/03/2014 51 11.17 35,000 -4,000 Evertz Technologies Limited Common Shares Patel, Rakesh Thakor 7 06/03/2014 10 17.87 1,029,400 -2,000 Evertz Technologies Limited Common Shares Patel, Rakesh Thakor 7 06/03/2014 10 17.89 1,026,400 -3,000 Evertz Technologies Limited Common Shares Patel, Rakesh Thakor 7 12/03/2014 10 17.3 1,026,300 -100 Evertz Technologies Limited Common Shares Patel, Rakesh Thakor 7 12/03/2014 10 17.24 1,025,600 -700 Evertz Technologies Limited Common Shares Patel, Rakesh Thakor 7 12/03/2014 10 17 1,021,400 -4,200 Evolving Gold Corp. Common Shares Inwentash, Sheldon 3, 6 11/03/2014 10 0.025 11,000,555 -1,500,000 Evolving Gold Corp. Common Shares Inwentash, Sheldon 3, 6 12/03/2014 10 0.03 10,950,555 -50,000 Evolving Gold Corp. Common Shares Inwentash, Sheldon 3, 6 13/03/2014 10 0.0246 9,500,555 -1,450,000 Excellon Resources Inc. Common Shares Excellon Resources Inc. 1 08/01/2014 38 1.224 28,400 500 Excellon Resources Inc. Common Shares Excellon Resources Inc. 1 10/03/2014 38 1.508 3,700 500 Excellon Resources Inc. Common Shares Excellon Resources Inc. 1 11/03/2014 38 1.5 3,900 200 Excellon Resources Inc. Common Shares Excellon Resources Inc. 1 12/03/2014 38 1.5357 5,300 1,400 Excellon Resources Inc. Common Shares Excellon Resources Inc. 1 13/03/2014 38 1.546 5,800 500 Excellon Resources Inc. Common Shares Excellon Resources Inc. 1 14/03/2014 38 1.6517 6,400 600 Exco Technologies Limited Common Shares Robbins, Brian Andrew 3, 4, 5 10/03/2014 51 1.92 580,492 100,000 Exco Technologies Limited Common Shares Robbins, Brian Andrew 3, 4, 5 10/03/2014 11 9 4,245,000 145,000 Exco Technologies Limited Common Shares Robbins, Brian Andrew 3, 4, 5 10/03/2014 11 9 4,248,046 -145,000 Exco Technologies Limited Options Robbins, Brian Andrew 3, 4, 5 10/03/2014 51 1.92 25,000 -100,000 Exco Technologies Limited Common Shares van Schaik, Peter 4 04/03/2014 10 9.02 30,500 100 Exco Technologies Limited Common Shares van Schaik, Peter 4 04/03/2014 10 8.97 30,700 200 Exco Technologies Limited Common Shares van Schaik, Peter 4 04/03/2014 10 9.05 35,700 5,000 Exco Technologies Limited Common Shares van Schaik, Peter 4 05/03/2014 10 9 39,700 4,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2940



Acquired/ Disposed

Exco Technologies Limited Common Shares van Schaik, Peter 4 05/03/2014 10 9.08 44,700 5,000 Exco Technologies Limited Common Shares van Schaik, Peter 4 06/03/2014 10 9 46,700 2,000 Exco Technologies Limited Common Shares van Schaik, Peter 4 06/03/2014 10 8.95 48,700 2,000 Exco Technologies Limited Common Shares van Schaik, Peter 4 10/03/2014 10 8.98 49,200 500 Exco Technologies Limited Common Shares van Schaik, Peter 4 10/03/2014 10 8.94 49,700 500 Exco Technologies Limited Common Shares van Schaik, Peter 4 11/03/2014 10 8.98 54,700 5,000 Exco Technologies Limited Common Shares van Schaik, Peter 4 11/03/2014 10 8.8 56,000 1,300 Exco Technologies Limited Common Shares van Schaik, Peter 4 11/03/2014 10 8.819 58,100 2,100 Exco Technologies Limited Common Shares van Schaik, Peter 4 12/03/2014 10 8.85 59,000 900 EXO U Inc. Common Shares Fortier, Robert 4 13/06/2013 00 EXO U Inc. Common Shares Fortier, Robert 4 06/03/2014 11 1.55 32,500 32,500 EXO U Inc. Warrants Fortier, Robert 4 13/06/2013 00 EXO U Inc. Warrants Fortier, Robert 4 06/03/2014 10 16,250 16,250 EXO U Inc. Common Shares McCollam, Doug 5 13/06/2013 00 EXO U Inc. Common Shares McCollam, Doug 5 06/03/2014 11 1.55 32,300 32,300 EXO U Inc. Warrants McCollam, Doug 5 13/06/2013 00 EXO U Inc. Warrants McCollam, Doug 5 06/03/2014 11 16,150 16,150 Extenway Solutions Inc. Convertible Debentures Caisse de dépôt et

placement du Québec 3 26/02/2014 16 0.13 $3,846,154

Extenway Solutions Inc. Convertible Debentures Caisse de dépôt et placement du Québec

3 26/02/2014 16 0.13 $12,038,450 $500,000

Fairfax Financial Holdings Limited

Options Cloutier, Jean 5 18/02/2014 50 434 691

Fairfax Financial Holdings Limited

Options Cloutier, Jean 5 18/02/2014 50 434 10,605 778

Falcon Gold Corp. Common Shares Farley, James Donald 4 13/03/2014 10 0.04 2,017,001 18,000 First Capital Realty Inc. Options Chouinard, Roger 7 07/03/2014 50 17.77 118,250 12,750 First Capital Realty Inc. Units Restricted Share

Units Chouinard, Roger 7 07/03/2014 56 17.75 16,390 5,000

First Capital Realty Inc. Options Correia, Alexandra 6 07/03/2014 50 17.77 37,010 2,500 First Capital Realty Inc. Units Restricted Share

Units Katzman, Chaim 3, 4, 6, 7,

5 07/03/2014 56 17.75 19,719

First Capital Realty Inc. Units Restricted Share Units

Katzman, Chaim 3, 4, 6, 7, 5

07/03/2014 56 17.75 19,719


Katzman, Chaim 3, 4, 6, 7, 5

07/03/2014 56 17.75 95,274 19,718

First Capital Realty Inc. Options Kozak, Brian 5 07/03/2014 50 17.77 386,209 21,750 First Capital Realty Inc. Units Restricted Share

Units Kozak, Brian 5 07/03/2014 56 17.75 33,538 8,000

First Capital Realty Inc. Options McDougald, Maryanne 7, 5 07/03/2014 50 17.77 172,840 15,000 First Capital Realty Inc. Units Restricted Share

Units McDougald, Maryanne 7, 5 07/03/2014 56 17.77 5,000


McDougald, Maryanne 7, 5 07/03/2014 56 17.77 5,000


McDougald, Maryanne 7, 5 07/03/2014 56 17.75 17,390 5,000

First Capital Realty Inc. Options Menzies, Gregory 7, 5 07/03/2014 50 17.77 151,500 17,500 First Capital Realty Inc. Units Restricted Share

Units Menzies, Gregory 7, 5 07/03/2014 56 17.75 28,650 8,000

First Capital Realty Inc. Options Segal, Dori 4, 6, 7, 5 07/03/2014 50 17.77 2,117,089 65,000 First Capital Realty Inc. Units Restricted Share

Units Segal, Dori 4, 6, 7, 5 07/03/2014 56 17.75 108,480 25,000

First Capital Realty Inc. Deferred Share Units Weaver, Karen H. 5 07/03/2014 56 17.75 40,981 8,000 First Capital Realty Inc. Options Weaver, Karen H. 5 07/03/2014 50 17.77 485,124 22,500 FIRSTSERVICE CORPORATION

Subordinate Voting Shares

Commisso, Attilio 5 10/03/2014 10 52.1 4,650 -2,000

FIRSTSERVICE CORPORATION


Commisso, Attilio 5 11/03/2014 10 53 2,650 -2,000


Options Friedrichsen, John 5 07/03/2014 10 19.15 -60,000


Options Friedrichsen, John 5 07/03/2014 51 19.15 210,000 -60,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2941



Acquired/ Disposed



Friedrichsen, John 5 07/03/2014 51 19.15 325,000 60,000


Options Kocur, Roman 5 11/03/2014 51 19.15 18,150 -15,000



Kocur, Roman 5 11/03/2014 51 19.15 15,000 15,000



Mayer, Christian 5 06/03/2014 10 51.4 59,801 -2,500



Mayer, Christian 5 06/03/2014 10 51.44 57,301 -2,500



Mulamoottil, Elias 5 13/03/2014 10 53 5,456 -4,500

Five Nines Ventures Ltd. Common Shares Coluccio, Robert 4 13/03/2014 00 Five Nines Ventures Ltd. Common Shares Coluccio, Robert 4 13/03/2014 00 Five Nines Ventures Ltd. Common Shares Dragone, Anthony George 4 13/03/2014 00 Flaherty & Crumrine Investment Grade Fixed Income Fund

Trust Units Flaherty & Crumrine Investment Grade Fixed Income Fund

1 03/02/2014 38 11.75 3,000 3,000

Flaherty & Crumrine Investment Grade Fixed Income Fund


1 03/02/2014 38 11.75 0 -3,000



1 04/02/2014 38 11.75 3,000 3,000



1 04/02/2014 38 11.75 0 -3,000



1 05/02/2014 38 11.73 1,700 1,700



1 05/02/2014 38 11.73 0 -1,700



1 06/02/2014 38 11.73 100 100



1 06/02/2014 38 11.73 0 -100



1 10/02/2014 38 11.75 3,000 3,000



1 10/02/2014 38 11.75 0 -3,000



1 11/02/2014 38 11.7 3,000 3,000



1 11/02/2014 38 11.7 0 -3,000



1 13/02/2014 38 11.79 200 200



1 13/02/2014 38 11.79 0 -200



1 19/02/2014 38 11.73 300 300



1 19/02/2014 38 11.73 0 -300



1 21/02/2014 38 11.8 2,500 2,500



1 21/02/2014 38 11.8 0 -2,500

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2942



Acquired/ Disposed



1 27/02/2014 38 11.8 3,000 3,000



1 27/02/2014 38 11.8 0 -3,000

Forbes & Manhattan Coal Corp. (formerly Nyah Resources Corp.)

Common Shares Resource Capital Fund V L.P.

3 05/03/2014 11 10,098,595 356,728

Formation Metals Inc. Warrants Private Placement Subscriptions

Dundee Corporation 3 10/03/2014 55 0 -5,833,500

Formation Metals Inc. Common Shares Hean, Scott Bradbury 4 14/03/2014 00 15,000 Forsys Metals Corp Options Isaacs, Wayne 4, 5 23/10/2007 51 125,000 Forsys Metals Corp Options Isaacs, Wayne 4, 5 23/10/2007 51 225,000 -125,000 Fortis Inc. Common Shares Dall'Antonia, Roger Attilio 7 31/12/2013 30 31.443 13,073 277 Fortis Inc. Performance Share Unit Dall'Antonia, Roger Attilio 7 31/12/2013 30 32.07 796 30 Fortis Inc. Performance Share Unit Leeners, Michele Irene 7 31/12/2013 30 32.07 796 30 Fortis Inc. Performance Share Unit Mulcahy, Michael A. 7 31/12/2013 30 32.07 1,827 69 Fortis Inc. Performance Share Unit Sam, Doyle 7 31/12/2013 30 32.07 1,763 67 Fortis Inc. Performance Share Unit Walker, John C. 7 31/12/2013 30 32.07 12,293 464 Fortune Bay Corp. Common Shares Dawe, Wade K. 5 05/03/2014 00 Fortune Bay Corp. Common Shares Dawe, Wade K. 5 05/03/2014 22 199,431 199,431 Fortune Bay Corp. Common Shares Dawe, Wade K. 5 05/03/2014 00 Fortune Bay Corp. Common Shares Dawe, Wade K. 5 05/03/2014 22 2,500 2,500 Fortune Bay Corp. Common Shares Dawe, Wade K. 5 05/03/2014 00 Fortune Bay Corp. Common Shares Dawe, Wade K. 5 05/03/2014 22 25,000 25,000 Fortune Bay Corp. Common Shares Gill, Derrick Edwin 4 05/03/2014 00 Fortune Bay Corp. Common Shares Gill, Derrick Edwin 4 05/03/2014 22 17,000 17,000 Fortune Bay Corp. Common Shares gross, michael 4 05/03/2014 00 Fortune Bay Corp. Common Shares gross, michael 4 05/03/2014 22 170,809 170,809 Fortune Bay Corp. Common Shares Legatto, Jon 5 05/03/2014 00 Fortune Bay Corp. Common Shares Legatto, Jon 5 05/03/2014 22 46,641 46,641 Fortune Bay Corp. Common Shares Peat, David W. 4 05/03/2014 00 Fortune Bay Corp. Common Shares Peat, David W. 4 05/03/2014 22 14,625 14,625 George Weston Limited Common Shares Binning, Paviter Singh 5 10/03/2014 57 81.17 4,925 3,651 George Weston Limited Restricted Share Units Binning, Paviter Singh 5 10/03/2014 57 81.17 54,208 -3,651 George Weston Limited Rights -Deferred Share

Units Binning, Paviter Singh 5 06/05/2009 00

George Weston Limited Rights -Deferred Share Units

Binning, Paviter Singh 5 06/03/2014 30 23,655 23,655

George Weston Limited Common Shares Currie, Gordon Andrew McDonald

5 10/03/2014 57 81 6,828 6,328

George Weston Limited Common Shares Currie, Gordon Andrew McDonald

5 10/03/2014 10 81 3,561 -3,267

George Weston Limited Restricted Share Units Currie, Gordon Andrew McDonald

5 10/03/2014 57 81 12,760 -6,328

Gildan Activewear Inc. Common Shares Brito, Luis Alonso 5 12/03/2014 10 54.75 8,225 -601 Gildan Activewear Inc. Common Shares Brito, Luis Alonso 5 12/03/2014 10 55.66 8,125 -100 Gildan Activewear Inc. Common Shares Brito, Luis Alonso 5 12/03/2014 10 55.67 7,925 -200 Gildan Activewear Inc. Common Shares Brito, Luis Alonso 5 12/03/2014 10 55.68 7,625 -300 Gildan Activewear Inc. Common Shares Davis, Ronald Edward 5 10/03/2014 51 39.39 4,651 1,352 Gildan Activewear Inc. Common Shares Davis, Ronald Edward 5 10/03/2014 10 56.4 3,299 -1,352 Gildan Activewear Inc. Common Shares Davis, Ronald Edward 5 10/03/2014 51 23.49 5,452 2,153 Gildan Activewear Inc. Common Shares Davis, Ronald Edward 5 10/03/2014 10 56.19 3,299 -2,153 Gildan Activewear Inc. Common Shares Davis, Ronald Edward 5 10/03/2014 10 55.96 174 -3,125 Gildan Activewear Inc. Options Davis, Ronald Edward 5 10/03/2014 51 39.39 2,153 -1,352 Gildan Activewear Inc. Options Davis, Ronald Edward 5 10/03/2014 51 23.49 0 -2,153 Giyani Gold Corp. Options Guimaraes, Edmundo

Gontardo 4 04/03/2013 50 0.25 500,000 250,000

Giyani Gold Corp. Options Guimaraes, Edmundo Gontardo

4 04/03/2014 50 0.25 250,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2943



Acquired/ Disposed


4 04/03/2014 50 0.25 250,000


4 06/03/2014 50 0.25 250,000

Global Dividend Growers Income Fund

Trust Units Brasseur, Jeremy 6 07/03/2014 10 11.332 49,000 1,000


Trust Units Global Dividend Growers Income Fund

1 06/03/2014 38 11.34 286,700 1,600


Trust Units Global Dividend Growers Income Fund

1 07/03/2014 38 11.39 289,900 3,200

Gluskin Sheff + Associates Inc.

Common Shares Freedman, Jeremy Mark 4, 5 11/03/2014 10 31.671 1,341,473 -106,000

GMP Capital Inc. Options Fricker, Harris Anthony 5 07/03/2014 50 7.83 283,876 100,000 GoGold Resources Inc. Common Shares Brown, Mark Thomas 7 11/03/2014 00 475,954 GoGold Resources Inc. Common Shares Brown, Mark Thomas 7 11/03/2014 00 21,104 GoGold Resources Inc. Common Shares Brown, Mark Thomas 7 11/03/2014 00 10,722 GoGold Resources Inc. Common Shares Brown, Mark Thomas 7 11/03/2014 00 17,978 GoGold Resources Inc. Common Shares Brown, Mark Thomas 7 12/03/2014 10 1.6 16,915 -1,063 GoGold Resources Inc. Common Shares Brown, Mark Thomas 7 11/03/2014 00 31,913 GoGold Resources Inc. Common Shares Wilson, John R. 7 11/03/2014 00 1,702 GoGold Resources Inc. Common Shares Wong, Winnie Sze Wan 7 11/03/2014 00 1,914 Gold Standard Ventures Corp.

Common Shares Awde, Jonathan Charles Timothy

4, 6, 5 11/03/2014 10 0.74 496,400 7,000

Gold Standard Ventures Corp.


4, 6, 5 11/03/2014 10 0.75 499,400 3,000



4, 6, 5 12/03/2014 10 0.76 504,400 5,000


Common Shares Mathewson, David 4, 5 04/03/2014 16 0.72 1,609,500 300,000


Warrants Mathewson, David 4, 5 04/03/2014 16 1 150,000 150,000

Goldcorp Inc. Common Shares Belanger, Maryse 5 10/03/2014 57 29.64 3,554 333 Goldcorp Inc. Rights Belanger, Maryse 5 10/03/2014 57 17,165 -333 Goldcorp Inc. Common Shares BERGERON, BRENT 5 10/03/2014 57 29.889 4,372 1,666 Goldcorp Inc. Common Shares BERGERON, BRENT 5 10/03/2014 10 29.889 3,608 -764 Goldcorp Inc. Rights BERGERON, BRENT 5 10/03/2014 57 17,688 -1,666 Goldcorp Inc. Common Shares Bruna, Horacio 5 10/03/2014 57 26.95 3,333 3,333 Goldcorp Inc. Common Shares Bruna, Horacio 5 10/03/2014 10 26.95 0 -3,333 Goldcorp Inc. Rights Bruna, Horacio 5 10/03/2014 57 25,668 -3,333 Goldcorp Inc. Common Shares Burns, George Raymond 5 10/03/2014 57 29.889 52,734 5,333 Goldcorp Inc. Common Shares Burns, George Raymond 5 10/03/2014 10 29.889 50,291 -2,443 Goldcorp Inc. Rights Burns, George Raymond 5 10/03/2014 57 49,005 -5,333 Goldcorp Inc. Common Shares Chan, Kathy 5 10/03/2014 57 29.943 3,542 1,666 Goldcorp Inc. Common Shares Chan, Kathy 5 10/03/2014 10 29.943 1,876 -1,666 Goldcorp Inc. Rights Chan, Kathy 5 10/03/2014 57 17,700 -1,666 Goldcorp Inc. Common Shares Crema, Frank 5 10/03/2014 57 29.889 11,022 1,666 Goldcorp Inc. Common Shares Crema, Frank 5 10/03/2014 10 29.889 10,258 -764 Goldcorp Inc. Rights Crema, Frank 5 10/03/2014 57 17,204 -1,666 Goldcorp Inc. Common Shares FARROW, PAUL 5 10/03/2014 57 29.889 8,309 1,666 Goldcorp Inc. Common Shares FARROW, PAUL 5 10/03/2014 10 29.889 7,545 -764 Goldcorp Inc. Rights FARROW, PAUL 5 10/03/2014 57 17,139 -1,666 Goldcorp Inc. Common Shares Hall, Lindsay Albert 5 10/03/2014 57 29.64 127,242 8,666 Goldcorp Inc. Rights Hall, Lindsay Albert 5 10/03/2014 57 52,302 -8,666 Goldcorp Inc. Common Shares Hazelton, Rohan 5 10/03/2014 57 29.8 17,769 1,666 Goldcorp Inc. Common Shares Hazelton, Rohan 5 10/03/2014 10 29.8 16,103 -1,666 Goldcorp Inc. Common Shares Hazelton, Rohan 5 12/03/2014 10 30.71 12,338 -3,765 Goldcorp Inc. Rights Hazelton, Rohan 5 10/03/2014 57 22,812 -1,666 Goldcorp Inc. Common Shares Jauristo, Timo 5 10/03/2014 57 29.889 46,772 6,666 Goldcorp Inc. Common Shares Jauristo, Timo 5 10/03/2014 10 29.889 43,718 -3,054 Goldcorp Inc. Rights Jauristo, Timo 5 10/03/2014 57 36,294 -6,666 Goldcorp Inc. Common Shares Jeannes, Charles A. 5 10/03/2014 57 29.64 334,177 18,333

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2944



Acquired/ Disposed

Goldcorp Inc. Rights Jeannes, Charles A. 5 10/03/2014 57 118,874 -18,333 Goldcorp Inc. Common Shares Louie, Wendy 8 10/03/2014 57 29.889 12,210 2,500 Goldcorp Inc. Common Shares Louie, Wendy 8 10/03/2014 10 29.889 11,064 -1,146 Goldcorp Inc. Rights Louie, Wendy 8 10/03/2014 57 18,374 -2,500 Goldcorp Inc. Common Shares Parsons, David 5 10/03/2014 57 29.64 14,111 1,666 Goldcorp Inc. Rights Parsons, David 5 10/03/2014 57 15,674 -1,666 Goldcorp Inc. Common Shares Randhawa, Raman 7 10/03/2014 57 29.889 6,216 333 Goldcorp Inc. Common Shares Randhawa, Raman 7 10/03/2014 10 29.889 6,063 -153 Goldcorp Inc. Rights Randhawa, Raman 7 10/03/2014 57 16,131 -333 Goldcorp Inc. Common Shares Ronkos, Charles Joseph 5 10/03/2014 57 26.69 108,842 5,333 Goldcorp Inc. Rights Ronkos, Charles Joseph 5 10/03/2014 57 23,740 -5,333 Goldcorp Inc. Common Shares Rustad, Colette 5 10/03/2014 57 30 11,638 5,333 Goldcorp Inc. Common Shares Rustad, Colette 5 10/03/2014 10 30 9,170 -2,468 Goldcorp Inc. Rights Rustad, Colette 5 10/03/2014 57 16,476 -5,333 Goldcorp Inc. Common Shares Ruus, Mark Adrian 5 10/03/2014 57 29.889 19,629 5,333 Goldcorp Inc. Common Shares Ruus, Mark Adrian 5 10/03/2014 10 29.889 17,186 -2,443 Goldcorp Inc. Rights Ruus, Mark Adrian 5 10/03/2014 57 16,261 -5,333 Goldcorp Inc. Common Shares Sedestrom, Cheryl 5 10/03/2014 57 26.69 109,077 5,333 Goldcorp Inc. Rights Sedestrom, Cheryl 5 10/03/2014 57 20,571 -5,333 Goldcorp Inc. Common Shares Shand, William 5 10/03/2014 57 27.04 2,524 1,000 Goldcorp Inc. Common Shares Shand, William 5 10/03/2014 10 27.04 1,524 -1,000 Goldcorp Inc. Rights Shand, William 5 10/03/2014 57 16,327 -1,000 Goldcorp Inc. Common Shares Tudela, Anna Maria 5 10/03/2014 57 29.889 23,658 2,666 Goldcorp Inc. Common Shares Tudela, Anna Maria 5 10/03/2014 10 29.889 22,436 -1,222 Goldcorp Inc. Common Shares Tudela, Anna Maria 5 14/03/2014 10 30.84 22,431 -5 Goldcorp Inc. Rights Tudela, Anna Maria 5 10/03/2014 57 17,204 -2,666 Goldcorp Inc. Common Shares Villacorta, Eduardo 5 10/03/2014 57 26.95 34,390 5,333 Goldcorp Inc. Common Shares Villacorta, Eduardo 5 10/03/2014 10 26.95 29,057 -5,333 Goldcorp Inc. Rights Villacorta, Eduardo 5 10/03/2014 57 23,827 -5,333 Goldcorp Inc. Common Shares Wilhoit, Jeffrey 5 10/03/2014 57 29.64 18,440 2,666 Goldcorp Inc. Rights Wilhoit, Jeffrey 5 10/03/2014 57 18,291 -2,666 Golden Reign Resources Ltd.

Common Shares Conlon, John 4 12/03/2014 11 0.17 6,544,623 98,146

Golden Reign Resources Ltd.





Warrants Conlon, John 4 12/03/2014 11 0.25 1,875,923 98,146


Warrants Conlon, John 4 12/03/2014 11 0.25 2,682,357 806,434


Warrants Conlon, John 4 12/03/2014 11 0.25 547,949 214,616

Gourmet Ocean Products Inc.

Options Lee, Harold 4 28/03/2012 00 140,000


Options Lee, Harold 4 10/03/2014 50 0.2 540,000 400,000


Common Shares Qiu, Guonan 3 14/02/2014 00


Common Shares Qiu, Guonan 3 05/03/2014 00 81,286,666


Common Shares YU, ALBERT KOON PAK 3, 4, 5 05/03/2014 11 466,667 -733,333

Gowest Gold Ltd. Common Shares Frostiak, John William 4 05/03/2014 46 0.05 138,332 50,000 Great Canadian Gaming Corporation

Options Baker, Rodney 4, 5 14/03/2014 50 13.64 2,100,000 500,000

Great Canadian Gaming Corporation

Options Doyle, Terrance Michael 5 14/03/2014 50 13.64 205,440 50,000


Options Fretz, William David 7 14/03/2014 50 13.64 90,440 20,000


Options Goudron, Peter 7 14/03/2014 50 13.64 240,440 70,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2945



Acquired/ Disposed


Options KROEKER, ROBERT 5 14/03/2014 50 13.64 105,000 35,000


Options McGrogan, James 5 14/03/2014 50 13.64 149,440 40,000


Common Shares Phouikhoune-Phinith, Chindavone

5 02/01/2013 30 9.53 1,884 6



5 15/01/2013 30 9.29 1,890 6



5 29/01/2013 30 9.29 1,897 7



5 13/02/2013 30 9.08 1,904 7



5 26/02/2013 30 9.02 1,911 7



5 13/03/2013 30 9.29 1,918 7



5 26/03/2013 30 9.4 1,924 6



5 09/04/2013 30 9.25 1,935 11



5 23/04/2013 30 9.28 1,942 7



5 03/05/2013 30 9.24 1,948 6



5 21/05/2013 30 10.25 1,954 6



5 03/06/2013 30 9.71 1,960 6



5 18/06/2013 30 9.9 1,966 6



5 28/06/2013 30 9.96 1,972 6



5 15/07/2013 30 9.91 1,978 6



5 29/07/2013 30 9.68 1,984 6



5 13/08/2013 30 10.07 1,990 6



5 26/08/2013 30 11.27 1,995 5



5 10/09/2013 30 10.86 2,001 6



5 23/09/2013 30 11.33 2,006 5



5 09/10/2013 30 11.84 2,012 6



5 22/10/2013 30 12.86 2,017 5



5 04/11/2013 30 13.67 2,022 5



5 19/11/2013 30 14.68 2,026 4



5 29/11/2013 30 15.15 2,030 4



5 16/12/2013 30 15.06 2,034 4



5 31/12/2013 30 14.9 3,054 4


Options Phouikhoune-Phinith, Chindavone

5 14/03/2014 50 13.64 15,000 5,000


Options Soo, Walter 5 14/03/2014 50 13.64 186,940 50,000

Great-West Lifeco Inc. Deferred Share Units Brands, Andrew 7 31/12/2013 35 29.479 585 Great-West Lifeco Inc. Deferred Share Units Brands, Andrew 7 31/12/2013 35 29.479 18,239 136 Great-West Lifeco Inc. Deferred Share Units Brands, Andrew 7 07/03/2014 56 32.14 19,361 1,122 Great-West Lifeco Inc. Executive Performance

Share Units Brands, Andrew 7 31/12/2013 35 29.479 444

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2946



Acquired/ Disposed

Great-West Lifeco Inc. Executive Performance Share Units

Brands, Andrew 7 31/12/2013 35 29.479 10,873 104


Brands, Andrew 7 07/03/2014 56 32.14 17,035 1,122


Brands, Andrew 7 07/03/2014 59 32.14 13,450 -3,585


Corbett, S. Mark 7 31/12/2013 35 29.479 1,461


Corbett, S. Mark 7 31/12/2013 35 29.479 1,461


Corbett, S. Mark 7 31/12/2013 35 29.479 3,192


Corbett, S. Mark 7 31/12/2013 35 29.479 35,796 1,461


Graye, Mitchell T.G. 5 31/12/2013 35 29.479 4,269






Graye, Mitchell T.G. 5 31/12/2013 35 29.479 104,191 4,252

Great-West Lifeco Inc. Deferred Share Units Guertin, Alexandre 8, 5 07/03/2014 56 32.14 7,846 645 Great-West Lifeco Inc. Common Shares Jamal, Arshil 7 01/06/2004 00 Great-West Lifeco Inc. Common Shares Jamal, Arshil 7 07/03/2014 51 26 4,300 4,300 Great-West Lifeco Inc. Common Shares Jamal, Arshil 7 07/03/2014 10 30.5 0 -4,300 Great-West Lifeco Inc. Common Shares Jamal, Arshil 7 12/03/2014 51 26 11,700 11,700 Great-West Lifeco Inc. Common Shares Jamal, Arshil 7 12/03/2014 10 30.216 0 -11,700 Great-West Lifeco Inc. Deferred Share Units Jamal, Arshil 7 31/12/2012 35 22.787 526 Great-West Lifeco Inc. Deferred Share Units Jamal, Arshil 7 31/12/2012 35 22.787 16,869 883 Great-West Lifeco Inc. Deferred Share Units Jamal, Arshil 7 07/03/2014 56 32.14 48,814 877 Great-West Lifeco Inc. Executive Performance

Share Units Jamal, Arshil 7 31/12/2012 35 22.787 883


Jamal, Arshil 7 31/12/2012 35 22.787 10,055 526


Jamal, Arshil 7 07/03/2014 56 32.14 20,728 1,349


Jamal, Arshil 7 07/03/2014 59 32.14 16,156 -4,572

Great-West Lifeco Inc. Options Common Share - Stock Options

Jamal, Arshil 7 07/03/2014 51 26 336,600 -4,300

Great-West Lifeco Inc. Options Common Share - Stock Options

Jamal, Arshil 7 12/03/2014 51 26 324,900 -11,700

Great-West Lifeco Inc. Deferred Share Units Johnston, James David 5 31/12/2013 35 29.479 708 Great-West Lifeco Inc. Deferred Share Units Johnston, James David 5 31/12/2013 35 29.479 17,343 520 Great-West Lifeco Inc. Deferred Share Units Johnston, James David 5 07/03/2014 56 32.14 25,644 1,456 Great-West Lifeco Inc. Deferred Share Units Lovatt, William Wayne 5 31/12/2012 35 22.787 696 Great-West Lifeco Inc. Deferred Share Units Lovatt, William Wayne 5 31/12/2012 35 22.787 14,417 755 Great-West Lifeco Inc. Deferred Share Units Lovatt, William Wayne 5 01/03/2013 56 1791 1,791 Great-West Lifeco Inc. Deferred Share Units Lovatt, William Wayne 5 01/03/2013 56 23.77 21,608 7,191 Great-West Lifeco Inc. Deferred Share Units Lovatt, William Wayne 5 07/03/2014 56 32.14 23,638 1,111 Great-West Lifeco Inc. Executive Performance

Share Units Lovatt, William Wayne 5 31/12/2012 35 22.787 13,292 696


Lovatt, William Wayne 5 31/12/2012 35 22.787 755


Lovatt, William Wayne 5 07/03/2014 56 32.14 32,098 2,592


Lovatt, William Wayne 5 07/03/2014 59 32.14 23,423 -8,675

Great-West Lifeco Inc. Deferred Share Units MacNicholas, Garry 5 31/12/2012 35 22.787 364 Great-West Lifeco Inc. Deferred Share Units MacNicholas, Garry 5 31/12/2012 35 22.787 2,979 156 Great-West Lifeco Inc. Executive Performance

Share Units MacNicholas, Garry 5 31/12/2012 35 22.787 156

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2947



Acquired/ Disposed


MacNicholas, Garry 5 31/12/2012 35 22.787 6,950 364


MacNicholas, Garry 5 07/03/2014 56 32.14 13,999 1,559


MacNicholas, Garry 5 07/03/2014 59 32.14 8,299 -5,700

GreenStar Agricultural Corporation (formerly China Green Star Agricultural Corporation)

Special Warrants Guan, Lianyun 3, 4, 5 07/03/2014 11 5,426,896 -3,000,000

GSI Group Inc. Common Shares Buckley, Robert 5 10/03/2014 57 275,106 -49,527 GSI Group Inc. Common Shares Buckley, Robert 5 10/03/2014 57 324,633 49,527 GSI Group Inc. Common Shares Buckley, Robert 5 10/03/2014 10 12.55 306,195 -18,438 GSI Group Inc. Common Shares Chang, Peter 5 10/03/2014 57 34,160 -7,747 GSI Group Inc. Common Shares Chang, Peter 5 10/03/2014 57 41,907 7,747 GSI Group Inc. Common Shares Chang, Peter 5 10/03/2014 10 12.5 39,320 -2,587 GSI Group Inc. Common Shares Glastra, Matthijs 5 10/03/2014 57 98,307 -5,180 GSI Group Inc. Common Shares Glastra, Matthijs 5 10/03/2014 57 103,487 5,180 GSI Group Inc. Common Shares Glastra, Matthijs 5 10/03/2014 10 12.5 101,564 -1,923 GSI Group Inc. Common Shares Mulryan, Deborah 5 10/03/2014 57 33,632 -7,666 GSI Group Inc. Common Shares Mulryan, Deborah 5 10/03/2014 57 41,298 7,666 GSI Group Inc. Common Shares Mulryan, Deborah 5 10/03/2014 10 12.5 38,717 -2,581 GSI Group Inc. Common Shares Roush, John A 4, 5 10/03/2014 57 218,098 -112,098 GSI Group Inc. Common Shares Roush, John A 4, 5 10/03/2014 57 330,196 112,098 GSI Group Inc. Common Shares Roush, John A 4, 5 10/03/2014 10 12.55 285,735 -44,461 Guardian Capital Group Limited


Barkley, Michael Edward 7 01/12/2004 00

Guardian Capital Group Limited


Barkley, Michael Edward 7 07/03/2014 57 3.3196 10,000



Barkley, Michael Edward 7 07/03/2014 57 3.3196 10,000 10,000


Rights Stock Appreciation Barkley, Michael Edward 7 07/03/2014 57 -10,000


Rights Stock Appreciation Barkley, Michael Edward 7 07/03/2014 57 37,463 -10,000

Halogen Software Inc. Common Shares Brûlé, Marc 5 11/03/2014 51 0.15 114,668 13,334 Halogen Software Inc. Options Brûlé, Marc 5 11/03/2014 51 0.15 53,334 -13,334 Hammond Power Solutions Inc.

Options Plan July 22 2005 Baldwin, Douglas 4 13/03/2014 50 50,000 5,000

Hammond Power Solutions Inc.

Options Plan July 22 2005 FitzGibbon, David Joseph 4 13/03/2014 50 35,000 5,000


Options Plan July 22 2005 GRANOVSKY, DAHRA 4 13/03/2014 50 25,000 5,000


Options Plan July 22 2005 HAMMOND, BILL 6 13/03/2014 50 159,500 5,000


Options Plan July 22 2005 HUETHER, CHRIS 5 13/03/2014 50 152,000 5,000


Options Plan July 22 2005 MACADAM, DON 4 13/03/2014 50 55,000 5,000


Options Plan July 22 2005 Robinson, Grant Cameron 4 13/03/2014 50 60,000 5,000


Options Plan July 22 2005 Simo, Zoltan D. 4 13/03/2014 50 55,000 5,000

Happy Creek Minerals Ltd. Common Shares Cathro, Michael 4 11/03/2014 10 0.13 71,000 10,000 HealthLease Properties Real Estate Investment Trust

Restricted Share Units Chester, Adlai 4 11/03/2014 00

HealthLease Properties Real Estate Investment Trust

Restricted Share Units Chester, Adlai 4 11/03/2014 56 12,523 12,523


Restricted Share Units Mitchell, Clint Davis 7 10/09/2012 00


Restricted Share Units Mitchell, Clint Davis 7 11/03/2014 56 773 773


Restricted Share Units Turner, Paul Ezekiel 4, 5 21/06/2012 00

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2948



Acquired/ Disposed


Restricted Share Units Turner, Paul Ezekiel 4, 5 11/03/2014 56 22,419 22,419


Restricted Share Units White, Scott 4 11/03/2014 00


Restricted Share Units White, Scott 4 11/03/2014 56 6,181 6,181

Heroux-Devtek Inc. Common Shares Arsenault, Stephane 5 10/03/2014 30 8.16 22,286 3,139 Heroux-Devtek Inc. Common Shares Bélanger, Réal 5 10/03/2014 30 8.16 210,492 5,387 Heroux-Devtek Inc. Common Shares Bolduc, Dominic 5 10/03/2014 30 8.16 3,011 1,411 Heroux-Devtek Inc. Common Shares Brassard, Martin 5 07/03/2014 10 11.4 128,013 -33,200 Heroux-Devtek Inc. Common Shares Brassard, Martin 5 10/03/2014 30 8.16 131,334 3,321 Heroux-Devtek Inc. Common Shares GUÉRIN, GILBERT 5 10/03/2014 30 8.16 16,942 1,829 Heroux-Devtek Inc. Common Shares Langelier, Remy 5 10/03/2014 30 8.16 3,521 351 Heroux-Devtek Inc. Common Shares ROBILLARD, Michel 5 10/03/2014 30 8.16 1,714 1,627 High 5 Ventures Inc. Common Shares Kalpakian, Isabel A 3 12/03/2014 10 0.125 686,546 -500 High Arctic Energy Services Inc.

Common Shares Batcup, Simon Paul David 4 26/02/2014 90 222,000 -18,000

High Arctic Energy Services Inc.

Common Shares Batcup, Simon Paul David 4 27/02/2014 90 217,400 -4,600


Common Shares Batcup, Simon Paul David 4 26/02/2014 90 28,000 18,000


Common Shares Batcup, Simon Paul David 4 27/02/2014 90 32,600 4,600


Common Shares Wood, Jed Morgan 3 12/03/2014 10 3.798 -807,454 -13,000


Common Shares Wood, Jed Morgan 3 14/03/2014 10 3.804 -819,054 -11,600

High Liner Foods Incorporated

Common Shares Jamieson, Shelly L. 4 11/03/2014 10 48.02 800 100

Horizon North Logistics Inc. Common Shares Rooney, Ann Isabel 4 21/02/2014 10 7.56 2,200 2,200 Horizon North Logistics Inc. Common Shares Rooney, Ann Isabel 4 21/02/2014 10 7.535 2,300 100 Horizon North Logistics Inc. Common Shares Rooney, Ann Isabel 4 21/02/2014 10 7.54 2,900 600 Horizon North Logistics Inc. Common Shares Rooney, Ann Isabel 4 21/02/2014 10 7.55 3,200 300 Horizon North Logistics Inc. Common Shares Rooney, Ann Isabel 4 21/02/2014 10 7.57 6,600 3,400 Horizon North Logistics Inc. Common Shares Tremblay, Dale E. 4 07/03/2014 51 1.99 43,100 30,000 Horizon North Logistics Inc. Common Shares Tremblay, Dale E. 4 07/03/2014 51 6.25 48,100 5,000 Horizon North Logistics Inc. Options Tremblay, Dale E. 4 07/03/2014 51 1.99 25,000 -30,000 Horizon North Logistics Inc. Options Tremblay, Dale E. 4 07/03/2014 51 6.25 20,000 -5,000 HudBay Minerals Inc. Common Shares Bryson, David Stewart 5 31/12/2013 30 10.12 29,249 7,572 HudBay Minerals Inc. Rights Share Units Bryson, David Stewart 5 31/12/2013 30 102,434 1,160 HudBay Minerals Inc. Common Shares Clarry, David Gordon

Cameron 5 31/12/2013 30 9.46 2,818 1,252

HudBay Minerals Inc. Rights Share Units Clarry, David Gordon Cameron

5 31/12/2013 30 37,730 428

HudBay Minerals Inc. Common Shares Donnelly, Patrick James 5 31/12/2013 30 9.92 11,113 4,723 HudBay Minerals Inc. Rights Share Units Donnelly, Patrick James 5 31/12/2013 30 39,470 447 HudBay Minerals Inc. Rights Share Units Goodman, Thomas Andrew 4 31/12/2013 30 65,957 645 HudBay Minerals Inc. Common Shares Hair, Alan Thomas

Chalmers 5 31/12/2013 30 9.91 19,599 8,462

HudBay Minerals Inc. Rights Share Units Hair, Alan Thomas Chalmers

5 31/12/2013 30 113,341 1,284

HudBay Minerals Inc. Rights Share Units LANTZ, BRADLEY WALTER

5 31/12/2013 30 60,873 689

Huntingdon Capital Corp. Deferred Share Units Doyle, Donald Gregory 4 07/03/2014 46 12.1 71,240 123 Huntingdon Capital Corp. Deferred Share Units George, Zachary R. 4 07/03/2014 46 12.1 48,130 123 Huntingdon Capital Corp. Deferred Share Units Goldfarb, Matthew 4 07/03/2014 46 12.1 4,085 123 Huntingdon Capital Corp. Common Shares Huntingdon Capital Corp. 1 10/03/2014 38 12.06 30,882 300 Huntingdon Capital Corp. Common Shares Huntingdon Capital Corp. 1 13/03/2014 38 12.07 31,482 600 Huntingdon Capital Corp. Common Shares Huntingdon Capital Corp. 1 14/03/2014 38 12.07 31,682 200 Huntingdon Capital Corp. Deferred Share Units Rappa, David 4 07/03/2014 46 12.1 6,626 123 HUSKY ENERGY INC. Options Hinkel, Robert Martin 7 03/03/2014 50 77,600 HUSKY ENERGY INC. Performance Share Units Hinkel, Robert Martin 7 03/03/2014 56 22,580

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2949



Acquired/ Disposed

HUSKY ENERGY INC. Performance Share Units Hinkel, Robert Martin 7 03/03/2014 56 22,580 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 07/04/2011 10 30 30,300 300 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 27/04/2011 10 29.393 30,306 6 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 19/07/2011 10 26.403 30,650 344 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 12/10/2011 10 22.792 31,054 404 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 13/01/2012 10 24.289 31,437 383 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 05/04/2012 10 25.445 31,808 371 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 13/07/2012 10 24.531 32,197 389 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 11/10/2012 35 26.495 32,561 364 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 15/01/2013 35 28.825 32,900 339 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 08/04/2013 10 29.333 33,236 336 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 10/07/2013 10 27.767 33,595 359 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 08/10/2013 10 29.73 33,934 339 HUSKY ENERGY INC. Common Shares Magnus, George Colin 4 07/01/2014 10 29.73 34,239 305 Hybrid Paytech World Inc.(Formerly Freeport Capital Inc)

Common Shares Mc Master, Pierre 6 12/02/2014 54 0.3 5,099,968 2,519,120

Hybrid Paytech World Inc.(Formerly Freeport Capital Inc)

Warrants Mc Master, Pierre 6 12/02/2014 54 0 -2,519,120

IAMGOLD Corporation Common Shares Banducci, Carol 5 31/12/2013 30 5.52 147,870 12,612 IAMGOLD Corporation Options Banducci, Carol 5 16/05/2013 52 6.4 366,217 -85,750 IAMGOLD Corporation Common Shares Little, Benjamin Richard 5 12/03/2014 10 4.38 28,881 -4,980 IGM Financial Inc. Options Kinzel, Mark Richard 7 05/02/2014 52 -5,633 IGM Financial Inc. Options Kinzel, Mark Richard 7 05/02/2014 52 -5,633 IGM Financial Inc. Options Kinzel, Mark Richard 7 05/03/2014 52 69,825 -5,633 IGM Financial Inc. Options McCullum, David 7 05/02/2014 52 -3,733 IGM Financial Inc. Options McCullum, David 7 05/02/2014 52 -3,733 IGM Financial Inc. Options McCullum, David 7 05/03/2014 52 104,283 -3,733 IGM Financial Inc. Options Murdoch, Robert Charles 5 05/02/2014 52 -3,433 IGM Financial Inc. Options Murdoch, Robert Charles 5 05/02/2014 52 -3,433 IGM Financial Inc. Options Murdoch, Robert Charles 5 05/03/2014 52 28,349 -3,433 IGM Financial Inc. Options Penman, Alexander Scott 7 05/02/2014 52 -7,000 IGM Financial Inc. Options Penman, Alexander Scott 7 05/02/2014 52 -7,000 IGM Financial Inc. Options Penman, Alexander Scott 7 05/03/2014 52 139,965 -7,000 IGM Financial Inc. Options Regan, Kevin Ernest 7 05/02/2014 52 -4,666 IGM Financial Inc. Options Regan, Kevin Ernest 7 05/02/2014 52 -4,666 IGM Financial Inc. Options Regan, Kevin Ernest 7 05/03/2014 52 67,995 -4,666 IGM Financial Inc. Options Taylor, Murray John 4, 5 05/03/2014 52 254,191 -9,166 IMAX Corporation Common Shares Bonnick, Brian 5 13/03/2014 57 2,369 2,269 IMAX Corporation Options 1:1 Bonnick, Brian 5 07/03/2014 50 27.82 199,346 17,246 IMAX Corporation Rights Restricted Share

Unit Bonnick, Brian 5 07/03/2014 56 27,902 16,557

IMAX Corporation Rights Restricted Share Unit

Bonnick, Brian 5 13/03/2014 57 25,633 -2,269

IMAX Corporation Options 1:1 Campbell, Eileen 5 07/03/2014 50 27.82 30,844 8,844 IMAX Corporation Rights Restricted Share

Unit Campbell, Eileen 5 07/03/2014 56 27,991 8,491

IMAX Corporation Common Shares Cripps, Andrew 5 12/03/2014 57 416 416 IMAX Corporation Common Shares Cripps, Andrew 5 12/03/2014 10 27.9 248 -168 IMAX Corporation Rights Restricted Share

Unit Cripps, Andrew 5 07/03/2014 56 4,420 2,336


Cripps, Andrew 5 12/03/2014 57 4,004 -416

IMAX Corporation Options 1:1 Foster, Greg 5 07/03/2014 50 27.82 889,804 128,266 IMAX Corporation Rights Restricted Share

Unit Foster, Greg 5 07/03/2014 56 47,454 25,880

IMAX Corporation Common Shares Keighley, David B. 5 12/03/2014 57 2,450 2,250 IMAX Corporation Common Shares Keighley, David B. 5 12/03/2014 10 27.9 1,526 -924 IMAX Corporation Options 1:1 Keighley, David B. 5 07/03/2014 50 27.82 118,613 10,613

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2950



Acquired/ Disposed


Keighley, David B. 5 07/03/2014 56 21,439 10,189


Keighley, David B. 5 12/03/2014 57 19,189 -2,250

IMAX Corporation Common Shares Lindzon-Jacobs, Carrie 5 13/03/2014 57 2,500 2,500 IMAX Corporation Common Shares Lindzon-Jacobs, Carrie 5 13/03/2014 10 27.65 1,336 -1,164 IMAX Corporation Options 1:1 Lindzon-Jacobs, Carrie 5 07/03/2014 50 27.82 81,578 17,689 IMAX Corporation Rights Restricted Share

Unit Lindzon-Jacobs, Carrie 5 07/03/2014 56 29,481 16,981


Lindzon-Jacobs, Carrie 5 13/03/2014 57 26,981 -2,500

IMAX Corporation Common Shares O'Reilly, Larry 5 13/03/2014 57 6,900 1,900 IMAX Corporation Options 1:1 O'Reilly, Larry 5 07/03/2014 50 27.82 126,267 13,267 IMAX Corporation Rights Restricted Share

Unit O'Reilly, Larry 5 07/03/2014 56 22,236 12,736


O'Reilly, Larry 5 13/03/2014 57 20,336 -1,900

IMAX Corporation Common Shares Ruby, G. Mary 5 13/03/2014 57 7,675 673 IMAX Corporation Common Shares Ruby, G. Mary 5 13/03/2014 10 27.65 7,360 -315 IMAX Corporation Options 1:1 Ruby, G. Mary 5 07/03/2014 50 27.82 98,983 3,243 IMAX Corporation Rights Restricted Share

Unit Ruby, G. Mary 5 07/03/2014 56 6,481 3,113


Ruby, G. Mary 5 13/03/2014 57 5,808 -673

IMAX Corporation Common Shares Sparacio, Joseph 5 12/03/2014 57 8,750 3,750 IMAX Corporation Common Shares Sparacio, Joseph 5 12/03/2014 10 27.9 7,234 -1,516 IMAX Corporation Options 1:1 Sparacio, Joseph 5 07/03/2014 50 27.82 206,023 17,689 IMAX Corporation Rights Restricted Share

Unit Sparacio, Joseph 5 07/03/2014 56 35,731 16,981


Sparacio, Joseph 5 12/03/2014 57 31,981 -3,750

IMAX Corporation Common Shares Vance, Jeff 5 13/03/2014 57 673 673 IMAX Corporation Common Shares Vance, Jeff 5 13/03/2014 10 27.65 358 -315 IMAX Corporation Options 1:1 Vance, Jeff 5 07/03/2014 50 27.82 74,733 3,243 IMAX Corporation Rights Restricted Share

Unit Vance, Jeff 5 07/03/2014 56 6,481 3,113


Vance, Jeff 5 13/03/2014 57 5,808 -673

IMAX Corporation Common Shares Welton, Mark 5 13/03/2014 57 3,750 3,750 IMAX Corporation Common Shares Welton, Mark 5 13/03/2014 10 27.65 2,005 -1,745 IMAX Corporation Options 1:1 Welton, Mark 5 07/03/2014 50 27.82 228,523 17,689 IMAX Corporation Rights Restricted Share

Unit Welton, Mark 5 07/03/2014 56 35,731 16,981


Welton, Mark 5 13/03/2014 57 31,981 -3,750

Imperial Metals Corporation Notes Deepwell, Andre Henry 5 01/05/2003 00 Imperial Metals Corporation Notes Deepwell, Andre Henry 5 12/03/2014 11 $50,000 $50,000 Imperial Metals Corporation Notes Edwards, Norman Murray 3 21/02/2003 00 Imperial Metals Corporation Notes Edwards, Norman Murray 3 12/03/2014 16 $50,000,000 $50,000,000 Imperial Metals Corporation Warrants Edwards, Norman Murray 3 12/03/2014 53 20 750,000 750,000 Imperial Metals Corporation Notes KYNOCH, J. BRIAN 4, 5 01/08/2003 00 $100,000 Imperial Metals Corporation Notes KYNOCH, J. BRIAN 4, 5 13/03/2014 11 $200,000 $100,000 Imperial Metals Corporation Notes Lebel, Pierre 4 08/04/2003 00 Imperial Metals Corporation Notes Lebel, Pierre 4 12/03/2014 11 $150,000 $150,000 Imperial Metals Corporation Notes Moeller, Larry G. 4 26/02/2003 00 Imperial Metals Corporation Notes Moeller, Larry G. 4 12/03/2014 16 $2,000,000 $2,000,000 Imperial Metals Corporation Notes YURKOWSKI, EDWARD

ALFRED 4 11/08/2005 00

Imperial Metals Corporation Notes YURKOWSKI, EDWARD ALFRED

4 12/03/2014 11 $1,000,000 $1,000,000

Imperial Oil Limited Common Shares Scott, Thomas Glenn 5 10/03/2014 10 46.12 0 -10,000 Imvescor Restaurant Group Inc.

Common Shares Moretto, Michael Marco 5 13/03/2014 10 2.13 51,000 -9,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2951



Acquired/ Disposed

Inca One Resources Corp. Common Shares Moen, George Marius 4, 5 10/03/2014 10 0.085 2,390,260 20,000 Inca One Resources Corp. Common Shares Moen, George Marius 4, 5 10/03/2014 10 0.08 2,403,260 13,000 Inca One Resources Corp. Common Shares Moen, George Marius 4, 5 11/03/2014 10 0.08 2,424,260 21,000 Indexplus Income Fund Trust Units INDEXPLUS Income Fund 1 10/03/2014 38 13.55 33,584,290 400 Indexplus Income Fund Trust Units INDEXPLUS Income Fund 1 11/03/2014 38 13.5 33,584,890 600 Indexplus Income Fund Trust Units INDEXPLUS Income Fund 1 12/03/2014 38 13.45 33,585,490 600 Industrial Alliance Insurance and Financial Services inc.

Common Shares Stickney, Michael Lee 5 12/03/2014 51 28.72 16,900 4,000

Industrial Alliance Insurance and Financial Services inc.

Common Shares Stickney, Michael Lee 5 12/03/2014 10 45.6 12,900 -4,000

Industrial Alliance Insurance and Financial Services inc.

Options Stickney, Michael Lee 5 12/03/2014 51 28.72 230,000 -4,000

INSCAPE Corporation Subordinate Voting Shares CLASS B

Perlus Investment Management LLP

3 11/02/2014 00



3 11/02/2014 10 2 993,100 993,100



3 11/02/2014 10 2 1,417,900 424,800


Perlus Limited 3 11/02/2014 00


Perlus Limited 3 11/02/2014 10 2 993,100


Perlus Limited 3 11/02/2014 10 2 424,800


Perlus Limited 3 11/02/2014 10 2 993,100 993,100


Perlus Limited 3 11/02/2014 10 2 1,417,900 424,800


Perlus Limited 3 11/02/2014 00


The Perlus Microcap Fund L.P.

3 11/02/2014 00



3 11/02/2014 10 2 993,100 993,100



3 11/02/2014 10 2 1,417,900 424,800

International Road Dynamics Inc.

Common Shares HANSON, RANDY 5 06/03/2014 10 0.7 302,600 -5,000


Common Shares HANSON, RANDY 5 06/03/2014 10 0.72 302,100 -500









International Tower Hill Mines Ltd.

Options IRWIN, THOMAS 5 25/02/2014 50 1.11 900,000 400,000


Options Talbot, Lawrence William Edward

8, 6, 5 25/02/2014 50 185,000 60,000


Options Yip, Tom 5 12/03/2014 50 1.11 1,555,000 330,000

InterOil Corporation Rights Performance Share Units

GRUNDY, ROGER N 4 11/02/2014 97 0 -1,476


GRUNDY, ROGER N 4 11/02/2014 56 2,952 2,952


Kirk, David Jonathan 5 01/01/2014 00 3,884

INV Metals Inc. Options Bell, Robert Charles 4, 5 11/03/2014 50 0.035 8,400,000 300,000 INV Metals Inc. Restricted Share Units Bell, Robert Charles 4, 5 11/03/2014 56 1,716,667 1,716,667 INV Metals Inc. Options Clucas, James David 4, 5 11/03/2014 50 0.035 2,955,000 150,000 INV Metals Inc. Restricted Share Units Clucas, James David 4, 5 11/03/2014 56 535,714 416,667 INV Metals Inc. Options Farsangi, Parviz 4 11/03/2014 50 0.035 2,900,000 150,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2952



Acquired/ Disposed

INV Metals Inc. Restricted Share Units Farsangi, Parviz 4 11/03/2014 56 369,047 250,000 INV Metals Inc. Options Goldman, Jason Ira 5 11/03/2014 50 0.035 1,215,000 50,000 INV Metals Inc. Options Klein, Eric 4 11/03/2014 50 0.035 2,980,000 150,000 INV Metals Inc. Restricted Share Units Klein, Eric 4 11/03/2014 56 750,000 583,334 INV Metals Inc. Options MacGibbon, Candace Joan 5 11/03/2014 50 0.035 8,800,000 300,000 INV Metals Inc. Restricted Share Units MacGibbon, Candace Joan 5 11/03/2014 56 2,191,095 1,716,667 INV Metals Inc. Options MacGibbon, Terry 4 11/03/2014 50 0.035 8,255,000 450,000 INV Metals Inc. Restricted Share Units MacGibbon, Terry 4 11/03/2014 56 4,095,238 1,833,334 INV Metals Inc. Options Pollock, Robert 4 11/03/2014 50 2,955,000 150,000 IOU Financial Inc. Multiple Voting Shares

CATEGORIE B (known as Class B common Shares)

Marleau, Hubert 6 13/03/2014 10 0.62 97,000 12,000

Ivanhoe Mines Ltd. Common Shares Class A Garcia, Steven 7, 5 18/11/2013 10 2.15 14,000 14,000 Jagercor Energy Corp. Options O'Neill, Marcelin Doreen 4, 5 11/03/2014 50 0.33 200,000 200,000 Jagercor Energy Corp. Options RUSSO, EDGARDO

ANGEL 4, 5 05/02/2014 00

Jagercor Energy Corp. Options RUSSO, EDGARDO ANGEL

4, 5 27/02/2014 50 3,222,607 3,222,607

JINHUA CAPITAL CORPORATION

Common Shares Leong, Francis Nyon Seng 4 15/05/2012 38 300,000 -300,000


Common Shares Leong, Francis Nyon Seng 4 10/12/2012 37 50,000 -250,000


Options Leong, Francis Nyon Seng 4 10/12/2012 38 -208,334


Options Leong, Francis Nyon Seng 4 10/12/2012 38 -208,334


Options Leong, Francis Nyon Seng 4 10/12/2012 37 41,666 -208,334


Common Shares Pak, Johnny Yiu Kheung 4 15/05/2012 38 300,000 -300,000


Common Shares Pak, Johnny Yiu Kheung 4 10/12/2012 37 50,000 -250,000


Options Pak, Johnny Yiu Kheung 4 10/12/2012 37 25,000 -125,000


Common Shares Stevens, L Bradley 4 15/05/2012 38 300,000 -300,000


Common Shares Stevens, L Bradley 4 10/12/2012 37 50,000 -250,000


Options Stevens, L Bradley 4 10/12/2012 37 25,000 -125,000


Common Shares Tay, Kevin Kian Hoon 4 15/05/2012 38 300,000 -300,000


Common Shares Tay, Kevin Kian Hoon 4 10/12/2012 38 -250,000


Common Shares Tay, Kevin Kian Hoon 4 10/12/2012 38 -250,000


Common Shares Tay, Kevin Kian Hoon 4 10/12/2012 37 50,000 -250,000


Options Tay, Kevin Kian Hoon 4 10/12/2012 37 25,000 -125,000

Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 5 01/01/2011 00 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 5 01/01/2011 00 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 5 01/01/2011 00 235,539 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 5 18/12/2013 00 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 5 18/12/2013 00 Just Energy Group Inc. Rights 2010 Restricted

Share Grant Plan GAHN, ROBERT SCOTT 5 01/01/2011 00

Just Energy Group Inc. Rights 2010 Restricted Share Grant Plan

GAHN, ROBERT SCOTT 5 01/01/2011 00







Insider Reporting

March 20, 2014

(2014), 37 OSCB 2953



Acquired/ Disposed

Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 4 18/12/2013 00 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 4 28/02/2014 10 7.67 1,000 1,000 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 4 28/02/2014 10 7.588 2,500 1,500 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 4 28/02/2014 10 7.08 3,000 500 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 4 28/02/2014 10 7.676 4,000 1,000 Just Energy Group Inc. Common Shares GAHN, ROBERT SCOTT 4 05/03/2014 10 7.7789 5,000 1,000 KEEK INC. Options Goldberg, Warren 5 05/03/2014 00 250,000 KEEK INC. Common Shares Klein, Jan 4 04/03/2014 00 KEEK INC. Options Klein, Jan 4 04/03/2014 00 KEEK INC. Warrants Klein, Jan 4 04/03/2014 00 Kennady Diamonds Inc. Common Shares Parsons, Robert Brian 4 10/03/2014 00 2,400 Kennady Diamonds Inc. Options Parsons, Robert Brian 4 10/03/2014 00 Kennady Diamonds Inc. Options Parsons, Robert Brian 4 12/03/2014 50 4.74 100,000 100,000 Killam Properties Inc. Common Shares Fraser, Philip 4, 5 13/03/2014 90 193,652 -7,000 Killam Properties Inc. Common Shares Fraser, Philip 4, 5 13/03/2014 90 42,006 7,000 Killam Properties Inc. Common Shares Fraser, Philip 4, 5 13/03/2014 35 10.9 1,032 32 Killam Properties Inc. Common Shares Fraser, Philip 4, 5 13/03/2014 35 10.9 1,072 35 Killam Properties Inc. Rights RSU Fraser, Philip 4, 5 07/03/2014 56 10.32 41,402 22,903 Killam Properties Inc. Common Shares Richardson, Robert 4, 5 10/03/2014 51 5.32 81,015 18,417 Killam Properties Inc. Options Richardson, Robert 4, 5 10/03/2014 51 5.32 125,000 -18,417 Killam Properties Inc. Rights RSU Richardson, Robert 4, 5 07/03/2014 56 10.32 34,342 18,686 Lanesborough Real Estate Investment Trust

Warrants December 24, 2015

Lanesborough Real Estate Investment Trust

1 05/03/2014 38 0 -6,000

Lanesborough Real Estate Investment Trust

Warrants March 10, 2015 Lanesborough Real Estate Investment Trust

1 05/03/2014 38 0 -2,000

Largo Resources Ltd. Common Shares brennan, mark peter 4, 5 07/03/2014 51 0.1 1,070,500 1,000,000 Largo Resources Ltd. Common Shares brennan, mark peter 4, 5 12/03/2014 10 0.27 923,500 -147,000 Largo Resources Ltd. Options brennan, mark peter 4, 5 07/03/2014 51 0.1 16,650,000 -1,000,000 Largo Resources Ltd. Common Shares Menchen, Kurt Herwig 7 12/03/2014 51 0.1 1,624,615 200,000 Largo Resources Ltd. Options Menchen, Kurt Herwig 7 12/03/2014 51 0.1 2,950,000 -200,000 LAURENTIAN BANK OF CANADA

Unités d'actions différées Bastarache, Lise 4 07/03/2014 35 45.817 2,607 28

LAURENTIAN BANK OF CANADA

Unités d'actions différées Bazin, Jean 4 07/03/2014 35 45.817 849 9


Unités d'actions différées Bélanger, Richard 4 07/03/2014 35 45.817 456 5


Unités d'actions différées Boychuk, Michael T. 4 07/03/2014 35 45.817 740 9


Unités d'actions différées Boychuk, Michael T. 4 07/03/2014 56 46.161 1,146 406


Common Shares Courville, Isabelle 4 13/03/2014 46 45.75 6,885 519


Unités d'actions différées Courville, Isabelle 4 07/03/2014 36 45.817 62


Unités d'actions différées Courville, Isabelle 4 07/03/2014 35 45.817 5,642 62


Droits à la plus value-DPVA/Stock Appreciation Rights-SARs

Généreux, Nathalie 5 10/03/2014 59 500 -500


Unités d'actions différées Genest, Pierre 4 07/03/2014 35 45.817 456 5


Unités d'actions restreintes-UAR/Restricted Share Units-RSUs

Kudzman, Susan 5 10/03/2014 00


Unités d'actions restreintes-UAR/Restricted Share Units-RSUs

Kudzman, Susan 5 10/03/2014 56 45.641 657 657


Unités d'actions différées Labonté, Michel 4 07/03/2014 35 45.817 3,508 39


Unités d'actions différées Labonté, Michel 4 07/03/2014 56 46.161 3,738 230

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2954



Acquired/ Disposed


Unités d'actions différées Lavigne, A. Michel 4 07/03/2014 35 45.817 140 1


Unités d'actions différées Orange, Jacqueline C. 4 07/03/2014 35 45.817 456 5


Unités d'actions différées Poulin, Marie-France 4 07/03/2014 35 45.817 1,949 22


Common Shares Savoy, Michelle Renee 4 13/03/2014 46 45.75 2,413 290


Unités d'actions différées Savoy, Michelle Renee 4 07/03/2014 35 45.817 994 11


Unités d'actions différées Savoy, Michelle Renee 4 07/03/2014 56 46.161 1,095 101


Common Shares Wener, Jonathan I. 4 13/03/2014 46 45.75 4,380 205


Unités d'actions différées Wener, Jonathan I. 4 07/03/2014 35 45.817 456 5

Leon's Furniture Limited Common Shares Cooney, John Andrew 5 07/03/2014 90 15.31 1,601 -482 Leon's Furniture Limited Common Shares Cooney, John Andrew 5 12/05/2008 00 Leon's Furniture Limited Common Shares Cooney, John Andrew 5 07/03/2014 90 15.31 482 482 Leon's Furniture Limited Common Shares Leon, Daniel Christopher 5 18/02/2014 00 Leon's Furniture Limited Common Shares Leon, Daniel Christopher 5 18/02/2014 00 Leon's Furniture Limited Common Shares Leon, Edward F. 4, 5 07/03/2014 10 16 91,524 -1,200 Leon's Furniture Limited Common Shares Scarangella, Dominic 5 26/02/2014 90 181,460 -1,604 Leon's Furniture Limited Common Shares Scarangella, Dominic 5 26/02/2014 90 21,286 1,604 LEVON RESOURCES LTD. Options Barbaro, Rinaldo D 4 10/03/2014 50 0.4 700,000 200,000 LEVON RESOURCES LTD. Options Chan, Annie 5 10/03/2014 50 0.4 100,000 50,000 LEVON RESOURCES LTD. Options Chevillon, Victor 4 10/03/2014 50 0.4 3,600,000 1,000,000 LEVON RESOURCES LTD. Options Chin, Dorothy 5 10/03/2014 50 0.4 150,000 50,000 LEVON RESOURCES LTD. Options Fernandez Mazzi, Carlos

Hector 4 10/03/2014 50 0.4 600,000 100,000

LEVON RESOURCES LTD. Options Glasier, William 4 10/03/2014 50 0.4 350,000 100,000 LEVON RESOURCES LTD. Options Roberts, Robert 4 10/03/2014 50 0.4 400,000 200,000 LEVON RESOURCES LTD. Common Shares Robertson, Gary Ralph 4 14/03/2014 10 0.35 824,294 50,000 LEVON RESOURCES LTD. Options Robertson, Gary Ralph 4 10/03/2014 50 0.4 600,000 200,000 LEVON RESOURCES LTD. Options Tremblay, Ron Michael 4, 5 10/03/2014 50 0.4 8,500,000 2,000,000 Lightstream Resources Ltd. Common Shares Salahub, David William 5 11/03/2014 57 5.55 14,182 5,000 Lightstream Resources Ltd. Rights Incentive Salahub, David William 5 11/03/2014 57 23,758 -5,000 Lightstream Resources Ltd. Common Shares Themig, Daniel 4 31/12/2013 30 7.51 69,754 7,366 Limited Duration Investment Grade Preferred Securities Fund

Units Class A Limited Duration Investment Grade Preferred Securities Fund

1 31/01/2014 38 22.97 1,600 800

Limited Duration Investment Grade Preferred Securities Fund


1 03/02/2014 38 22.96 1,600 800



1 04/02/2014 38 22.89 2,400 800



1 05/02/2014 38 1,600 -800



1 05/02/2014 38 22.93 2,400 800



1 06/02/2014 38 1,600 -800



1 06/02/2014 38 22.97 2,400 800



1 07/02/2014 38 1,600 -800



1 10/02/2014 38 800 -800

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2955



Acquired/ Disposed



1 10/02/2014 38 23.01 1,500 700



1 11/02/2014 38 700 -800



1 13/02/2014 38 0 -700



1 13/02/2014 38 23.1 800 800



1 14/02/2014 38 22.87 1,600 800



1 18/02/2014 38 23.15 2,400 800



1 19/02/2014 38 1,600 -800



1 20/02/2014 38 800 -800



1 21/02/2014 38 0 -800



1 24/02/2014 38 23.22 800 800



1 25/02/2014 38 22.936 1,600 800



1 26/02/2014 38 23 2,400 800



1 27/02/2014 38 1,600 -800



1 27/02/2014 38 22.975 2,400 800



1 28/02/2014 38 1,600 -800



1 03/03/2014 38 800 -800



1 04/03/2014 38 0 -800


Units Class U Limited Duration Investment Grade Preferred Securities Fund

1 31/01/2014 38 23 600 600



1 05/02/2014 38 0 -600



1 06/02/2014 38 22.25 600 600



1 10/02/2014 38 22.11 700 100



1 11/02/2014 38 100 -600



1 11/02/2014 38 22.12 700 600

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2956



Acquired/ Disposed



1 12/02/2014 38 22.12 1,100 400



1 13/02/2014 38 1,000 -100



1 14/02/2014 38 400 -600



1 18/02/2014 38 0 -400



1 25/02/2014 38 22.35 600 600



1 27/02/2014 38 22 800 200



1 28/02/2014 38 200 -600



1 04/03/2014 38 0 -200

Linamar Corporation Common Shares Drolc, Alexander 5 10/03/2014 51 14.7 1,000 1,000 Linamar Corporation Options Drolc, Alexander 5 10/03/2014 51 14.7 3,000 -1,000 Linamar Corporation Common Shares Russell, Michael Willard 5 10/03/2014 51 14.7 3,000 3,000 Linamar Corporation Options Russell, Michael Willard 5 10/03/2014 51 14.7 9,000 -3,000 Liquid Nutrition Group Inc. Options Pesner, Michael 4 11/12/2013 00 Liquid Nutrition Group Inc. Options Pesner, Michael 4 10/03/2014 50 0.14 100,000 100,000 Liquid Nutrition Group Inc. Options Singh, Shiv Anil 4 19/02/2014 00 Liquid Nutrition Group Inc. Options Singh, Shiv Anil 4 10/03/2014 50 0.14 75,000 75,000 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.06 60,300 300 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.065 62,400 2,100 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.07 62,600 200 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.08 62,700 100 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.09 64,700 2,000 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.1 69,300 4,600 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.11 70,900 1,600 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.12 80,000 9,100 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.15 89,500 9,500 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.175 91,000 1,500 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.18 91,900 900 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.2 121,400 29,500 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.19 122,200 800 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.26 122,300 100 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.27 122,800 500 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.28 123,200 400 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.29 124,100 900 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.3 134,300 10,200 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.3 149,000 14,700 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.33 149,300 300 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.35 155,000 5,700 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.4 156,000 1,000 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.41 156,100 100 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.42 158,300 2,200 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.43 159,200 900 Liquor Stores N.A. Ltd. Common Shares Bereznicki, Henry Andrew 4 11/03/2014 10 11.44 160,000 800 Liquor Stores N.A. Ltd. Common Shares Green, Robert Steven 4 12/03/2014 10 11.2 20,400 5,400 Loblaw Companies Limited Common Shares Lacey, John Stewart 4 31/12/2007 30 2,038 29 Loblaw Companies Limited Common Shares Lacey, John Stewart 4 31/12/2008 30 2,092 54 Loblaw Companies Limited Common Shares Lacey, John Stewart 4 31/12/2009 30 2,640 14

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2957



Acquired/ Disposed

Logistec Corporation Common Shares Class A LOGISTEC CORPORATION

1 07/03/2014 38 60.82 100 100

Logistec Corporation Subordinate Voting Shares Class B

LOGISTEC CORPORATION

1 07/03/2014 38 58 3,800 1,000

Lydian International Limited Options LEDUC, MARC PAUL FRANCOIS

5 13/03/2014 50 1.17 200,000

Lydian International Limited Options LEDUC, MARC PAUL FRANCOIS

5 13/03/2014 50 1.17 200,000

Macro Enterprises Inc. Common Shares Albo, Wayne Paul 4 22/05/2013 00 31,000 MAG Silver Corp. Common Shares Mason Hill Advisors, LLC 3 06/03/2014 10 9.14 737,802 -21,000 Magna International Inc. Common Shares Apfalter, Guenther Friedrich 5 11/03/2014 10 108.52 16,784 900 Magna International Inc. Common Shares Apfalter, Guenther Friedrich 5 11/03/2014 10 108.55 16,847 63 Magna International Inc. Options Apfalter, Guenther Friedrich 5 05/03/2014 50 106.71 103,333 20,000 Magna International Inc. Common Shares Galifi, Vincent Joseph 5 12/03/2014 51 30 95,699 50,000 Magna International Inc. Common Shares Galifi, Vincent Joseph 5 07/03/2014 51 30 110,546 100,000 Magna International Inc. Common Shares Galifi, Vincent Joseph 5 07/03/2014 10 106.87 10,546 -100,000 Magna International Inc. Options Galifi, Vincent Joseph 5 05/03/2014 50 106.71 616,000 46,000 Magna International Inc. Options Galifi, Vincent Joseph 5 07/03/2014 51 30 516,000 -100,000 Magna International Inc. Options Galifi, Vincent Joseph 5 12/03/2014 51 30 466,000 -50,000 Magna International Inc. Options Kotagiri, Seetarama 5 05/03/2014 50 96.09 11,000 Magna International Inc. Options Kotagiri, Seetarama 5 05/03/2014 50 96.09 49,750 12,250 Magna International Inc. Options Neeb, Marc Joseph 5 05/03/2014 50 106.71 59,000 14,000 Magna International Inc. Common Shares Palmer, Jeffrey Owen 5 07/03/2014 51 16.545 123,710 66,667 Magna International Inc. Common Shares Palmer, Jeffrey Owen 5 07/03/2014 10 107.09 57,043 -66,667 Magna International Inc. Options Palmer, Jeffrey Owen 5 05/03/2014 50 106.71 466,667 20,000 Magna International Inc. Options Palmer, Jeffrey Owen 5 07/03/2014 51 16.545 400,000 -66,667 Magna International Inc. Common Shares Skudutis, Tommy Joseph 7, 5 12/03/2014 10 107.15 298 -18,617 Magna International Inc. Options Skudutis, Tommy Joseph 7, 5 05/03/2014 50 106.71 107,000 42,000 Magna International Inc. Options Tobin, Sr., James Joseph 5 05/03/2014 50 96.09 215,860 20,000 Magna International Inc. Options Walker, Donald James 4, 5 05/03/2014 50 106.71 1,282,000 132,000 Magna International Inc. Common Shares Young, William 4 10/03/2014 10 96.69 930 -4,870 Man GLG Emerging Markets Income Fund

Units Class A Man GLG Emerging Markets Income Fund

1 10/03/2014 10 7.4 2,100 2,100

Man GLG Emerging Markets Income Fund


1 10/03/2014 38 0 -2,100



1 12/03/2014 10 7.44 1,000 1,000



1 12/03/2014 38 0 -1,000



1 13/03/2014 10 7.48 1,900 1,900



1 13/03/2014 38 0 -1,900

Manitex Capital Inc. Common Shares Saviuk, Steve 4, 6, 5 13/03/2014 10 0.1 510,500 1,500 Maple Leaf Foods Inc. Common Shares Breton, Jean Luc 7 14/03/2014 10 16.345 9,865 -200 Maple Leaf Foods Inc. Common Shares Breton, Jean Luc 7 14/03/2014 10 16.328 7,400 -2,465 Maple Leaf Foods Inc. Common Shares Breton, Jean Luc 7 14/03/2014 10 16.34 7,200 -200 Maple Leaf Foods Inc. Common Shares Breton, Jean Luc 7 14/03/2014 10 16.32 7,000 -200 Maple Leaf Foods Inc. Common Shares Breton, Jean Luc 7 14/03/2014 10 16.47 5,700 -1,300 Maple Leaf Foods Inc. Common Shares Cappuccitti, Rocco 5 06/03/2014 10 16.19 32,785 -3,200 Maple Leaf Foods Inc. Common Shares Cappuccitti, Rocco 5 06/03/2014 10 16.24 32,285 -500 Maple Leaf Foods Inc. Common Shares Cappuccitti, Rocco 5 07/03/2014 10 16.38 29,285 -3,000 Maple Leaf Foods Inc. Common Shares Cappuccitti, Rocco 5 07/03/2014 10 16.24 26,785 -2,500 Maple Leaf Foods Inc. Common Shares Curtin, Daniel John 7 14/03/2014 10 16.35 40,800 -5,000 Maple Leaf Foods Inc. Common Shares Curtin, Daniel John 7 14/03/2014 10 16.36 35,800 -5,000 Maple Leaf Foods Inc. Common Shares Curtin, Daniel John 7 14/03/2014 10 16.36 30,800 -5,000 Maple Leaf Foods Inc. Common Shares Curtin, Daniel John 7 14/03/2014 10 16.37 25,800 -5,000 Maple Leaf Foods Inc. Common Shares Henry, Ian Vincent 5 19/02/2014 30 15.08 14,180 1,286 Maple Leaf Foods Inc. Common Shares Henry, Ian Vincent 5 10/03/2014 10 16.25 12,480 -1,700 Maple Leaf Foods Inc. Common Shares Kuhn, Lynda J. 5 10/03/2014 10 16.3 44,560 -1,400 Maple Leaf Foods Inc. Common Shares Kuhn, Lynda J. 5 10/03/2014 10 16.285 41,960 -2,600

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2958



Acquired/ Disposed

Maple Leaf Foods Inc. Common Shares Kuhn, Lynda J. 5 11/03/2014 10 16.28 40,360 -1,600 Maple Leaf Foods Inc. Common Shares Kuhn, Lynda J. 5 11/03/2014 10 16.07 32,460 -7,900 Maple Leaf Foods Inc. Common Shares Kuhn, Lynda J. 5 12/03/2014 10 16.07 30,960 -1,500 Maple Leaf Foods Inc. Common Shares Lan, Richard Allan 5 13/03/2014 10 16.226 409,250 -5,650 Maple Leaf Foods Inc. Common Shares Lan, Richard Allan 5 13/03/2014 10 16.23 404,250 -5,000 Maple Leaf Foods Inc. Common Shares Lan, Richard Allan 5 13/03/2014 10 16.25 399,250 -5,000 Maple Leaf Foods Inc. Common Shares Lan, Richard Allan 5 13/03/2014 10 16.251 394,250 -5,000 Maple Leaf Foods Inc. Common Shares Lan, Richard Allan 5 13/03/2014 10 16.23 389,250 -5,000 Maple Leaf Foods Inc. Common Shares Lan, Richard Allan 5 13/03/2014 10 16.223 384,250 -5,000 Maple Leaf Foods Inc. Common Shares McAlpine, Rory A. 5 17/12/2013 30 14.451 35,242 204 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 10/03/2014 10 16.28 91,435 -1,100 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 11/03/2014 10 16.17 89,435 -2,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 11/03/2014 10 16.19 87,435 -2,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 11/03/2014 10 16.24 82,435 -5,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 13/03/2014 10 16.28 77,435 -5,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 13/03/2014 10 16.33 72,435 -5,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 14/03/2014 10 16.35 67,435 -5,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 14/03/2014 10 16.38 62,435 -5,000 Maple Leaf Foods Inc. Common Shares McLean, Barry 7 14/03/2014 10 16.39 60,835 -1,600 Margaux Resources Ltd. Common Shares derkitt, robert james 4 19/06/2013 00 2,950 Margaux Resources Ltd. Common Shares derkitt, robert james 4 12/03/2014 16 0.15 169,617 166,667 Margaux Resources Ltd. Common Shares Rice, Hugh Tyler 5 12/03/2014 15 0.15 399,167 66,667 Marquee Energy Ltd. Common Shares Paramount Resources Ltd. 3 06/03/2014 00 13,705,883 Marret Resource Corp. Common Shares Allan, Barry 4 11/03/2014 10 3.6307 262,044 29,580 Marret Resource Corp. Common Shares Allan, Barry 4 11/03/2014 10 3.6307 671,387 19,720 Marret Resource Corp. Common Shares Allan, Barry 4 14/03/2014 10 3.6307 19,720 Mason Graphite Inc. (formerly, POCML 1 INC.)

Common Shares Marcotte, Simon 5 14/03/2014 10 0.85 1,010,500 500

Mason Graphite Inc. (formerly, POCML 1 INC.)





Common Shares Marcotte, Simon 5 14/03/2014 10 0.85 1,012,500 1,000


Common Shares Marcotte, Simon 5 14/03/2014 10 0.86 1,013,500 1,000


Common Shares Veilleux, Luc 5 10/03/2014 10 83,335 -26,500

Mawson Resources Limited Common Shares Clark, Gilbert Percy 4 18/01/2014 00 4,000 Mawson Resources Limited Options Clark, Gilbert Percy 4 18/01/2014 00 Mawson West Limited Ordinary Shares Stowell, Mark Hilton 4 28/02/2014 30 0.66 2,695,000 370,000 MBAC Fertilizer Corp. Common Shares B&A Mineracao S.A. 3 04/03/2014 10 1.05 18,651,640 -2,000 MBAC Fertilizer Corp. Common Shares B&A Mineracao S.A. 3 06/03/2014 10 1.0058 18,584,940 -66,700 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 19/07/2013 30 13.721 27 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 19/07/2013 30 13.721 41 41 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 06/08/2013 30 13.868 41 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 06/08/2013 30 13.868 103 62 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 20/08/2013 30 12.521 46 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 20/08/2013 30 12.521 172 69 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 05/09/2013 30 13.2 44 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 05/09/2013 30 13.2 237 65 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 17/09/2013 30 12.689 45 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 17/09/2013 30 12.689 305 68 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 30/09/2013 30 12.312 4 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 30/09/2013 30 12.312 310 5 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 02/10/2013 30 12.492 46 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 02/10/2013 30 12.492 379 69 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 18/10/2013 30 11.647 49 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 18/10/2013 30 11.647 453 74 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 31/10/2013 30 13.331 43

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2959



Acquired/ Disposed

MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 31/10/2013 30 13.331 518 65 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 21/11/2013 30 13.122 44 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 21/11/2013 30 13.122 584 66 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 04/12/2013 30 12.901 45 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 04/12/2013 30 12.901 651 67 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 19/12/2013 30 13.099 44 MCAN Mortgage Corporation Common Shares Bouganim, Jeffrey Joseph 5 19/12/2013 30 13.099 717 66 MCAN Mortgage Corporation Common Shares Cuthbert, Verna 4 26/09/2013 00 MCAN Mortgage Corporation Common Shares Cuthbert, Verna 4 11/03/2014 10 13.33 400 400 MCAN Mortgage Corporation Common Shares Cuthbert, Verna 4 11/03/2014 10 13.34 1,100 700 McChip Resources Inc Common Shares McCloskey, Richard Duncan 4, 5 07/03/2014 10 1.7 261,900 2,500 MDC Partners Inc. Common Shares Class A


Doft, David Benjamin 5 12/03/2014 10 21.5 157,790 1,000

MDC Partners Inc. Common Shares Class A Subordinate Voting Shares

Gendel, Mitchell 5 12/03/2014 10 20.68 191,797 1,000


Nadal, Miles S. 3, 4, 7, 5 12/03/2014 10 21.06 3,382,980 25,000


Nadal, Miles S. 3, 4, 7, 5 13/03/2014 10 22 3,387,980 5,000


Pustil, Stephen M. 4, 7, 5 12/03/2014 10 21.36 537,602 10,000


Sabatino, Michael 5 12/03/2014 10 21.48 218,337 10,000

Mediagrif Interactive Technologies Inc.

Common Shares Roy, Claude 3, 4, 5 10/03/2014 10 19.3 639,344 900


Common Shares Roy, Claude 3, 4, 5 11/03/2014 10 19.13 641,344 2,000


Common Shares Roy, Claude 3, 4, 5 11/03/2014 10 19.11 643,344 2,000

MEG Energy Corp. Common Shares McCaig, Jeffrey James 4 01/03/2014 00 10,000 MEG Energy Corp. Common Shares NEARING, John William 5 10/03/2014 10 33.69 2 -2,100 Mega Uranium Ltd. Options Johannson, Arni Thomas 4 01/03/2014 52 345,000 -50,000 Merus Labs International Inc. Options cloutier, michael 4 07/07/2013 00 150,000 Merus Labs International Inc. Options cloutier, michael 4 04/03/2014 50 1.8 225,000 75,000 Metallis Resources Inc. Common Shares Aliperti, Fiore 4 12/03/2014 10 0.14 242,700 5,000 Metalore Resources Limited Common Shares Chilian, George 6 10/03/2014 10 3.05 391,700 500 Metalore Resources Limited Common Shares Chilian, George 6 11/03/2014 10 3.05 392,300 600 Methanex Corporation Rights Performance Share

Units AITKEN, BRUCE 4 13/03/2014 56 131,076 10,908

Methanex Corporation Rights Performance Share Units

AITKEN, BRUCE 4 13/03/2014 59 65,630 -65,446

Methanex Corporation Rights Restricted Share Units

AITKEN, BRUCE 4 07/03/2014 56 4,450 1,400

Methanex Corporation Rights Share Appreciation Rights

AITKEN, BRUCE 4 10/03/2014 59 207,000 -56,000


AITKEN, BRUCE 4 10/03/2014 59 69,000 -138,000

Methanex Corporation Common Shares BACH, WENDY 5 13/03/2014 57 4,498 1,283 Methanex Corporation Rights Performance Share

Units BACH, WENDY 5 07/03/2014 56 19,894 6,000


BACH, WENDY 5 13/03/2014 56 20,322 428


BACH, WENDY 5 13/03/2014 59 19,039 -1,283


BACH, WENDY 5 13/03/2014 57 17,756 -1,283


BACH, WENDY 5 07/03/2014 56 90,100 24,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2960



Acquired/ Disposed


Boyd, Bradley 5 07/03/2014 56 10,368 1,300


Boyd, Bradley 5 13/03/2014 56 10,945 577


Boyd, Bradley 5 13/03/2014 59 7,481 -3,464


Boyd, Bradley 5 07/03/2014 56 55,405 5,400


Cameron, Ian Peter 5 07/03/2014 56 36,235 6,000




Cameron, Ian Peter 5 13/03/2014 59 26,611 -11,549



Methanex Corporation Common Shares Chadee, Rudinauth 7 13/03/2014 57 2,630 962 Methanex Corporation Options Chadee, Rudinauth 7 07/03/2014 56 13,400 3,000 Methanex Corporation Rights Performance Share

Units Chadee, Rudinauth 7 07/03/2014 56 5,704 700


Chadee, Rudinauth 7 13/03/2014 56 6,024 320


Chadee, Rudinauth 7 13/03/2014 59 5,062 -962


Chadee, Rudinauth 7 13/03/2014 57 4,100 -962

Methanex Corporation Common Shares Floren, John 4, 5 11/03/2014 10 78.8 69,049 -5,000 Methanex Corporation Common Shares Floren, John 4, 5 11/03/2014 10 78.88 68,249 -800 Methanex Corporation Common Shares Floren, John 4, 5 11/03/2014 10 78.8 63,649 -4,600 Methanex Corporation Common Shares Floren, John 4, 5 11/03/2014 10 78.81 63,549 -100 Methanex Corporation Common Shares Floren, John 4, 5 12/03/2014 51 28.43 73,549 10,000 Methanex Corporation Common Shares Floren, John 4, 5 12/03/2014 10 76.48 63,549 -10,000 Methanex Corporation Common Shares Floren, John 4, 5 13/03/2014 51 28.43 73,549 10,000 Methanex Corporation Common Shares Floren, John 4, 5 13/03/2014 10 74.43 63,549 -10,000 Methanex Corporation Common Shares Floren, John 4, 5 14/03/2014 51 28.43 82,549 19,000 Methanex Corporation Common Shares Floren, John 4, 5 14/03/2014 10 75.17 73,549 -9,000 Methanex Corporation Common Shares Floren, John 4, 5 14/03/2014 10 75.26 63,649 -9,900 Methanex Corporation Common Shares Floren, John 4, 5 14/03/2014 10 75.16 63,549 -100 Methanex Corporation Options Floren, John 4, 5 12/03/2014 51 66,000 -10,000 Methanex Corporation Options Floren, John 4, 5 13/03/2014 51 56,000 -10,000 Methanex Corporation Options Floren, John 4, 5 14/03/2014 51 37,000 -19,000 Methanex Corporation Rights Performance Share

Units Floren, John 4, 5 07/03/2014 56 -23,000


Floren, John 4, 5 07/03/2014 56 -23,000


Floren, John 4, 5 07/03/2014 56 91,876 23,000


Floren, John 4, 5 13/03/2014 56 93,801 1,925


Floren, John 4, 5 13/03/2014 59 82,252 -11,549


Floren, John 4, 5 07/03/2014 56 -99,000


Floren, John 4, 5 07/03/2014 56 -99,000


Floren, John 4, 5 07/03/2014 56 381,000 99,000


Gonzalez, Juan Enrique 7 07/03/2014 56 10,354 1,500


Gonzalez, Juan Enrique 7 13/03/2014 56 10,889 535


Gonzalez, Juan Enrique 7 13/03/2014 59 7,681 -3,208


Gonzalez, Juan Enrique 7 07/03/2014 56 24,300 6,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2961



Acquired/ Disposed


Hamilton, Tom 4 07/03/2014 56 13,209 2,800

Methanex Corporation Common Shares Henderson, Kevin 5 13/03/2014 57 15,768 1,604 Methanex Corporation Rights Performance Share

Units Henderson, Kevin 5 07/03/2014 56 10,154 1,300


Henderson, Kevin 5 13/03/2014 56 10,689 535


Henderson, Kevin 5 13/03/2014 59 9,085 -1,604


Henderson, Kevin 5 13/03/2014 57 7,481 -1,604


Henderson, Kevin 5 07/03/2014 56 44,400 5,400

Methanex Corporation Common Shares Herz, Mike 7 13/03/2014 57 32,456 1,604 Methanex Corporation Rights Performance Share

Units Herz, Mike 7 07/03/2014 56 23,192 6,000


Herz, Mike 7 13/03/2014 56 23,727 535


Herz, Mike 7 13/03/2014 59 22,123 -1,604


Herz, Mike 7 13/03/2014 57 20,519 -1,604


Herz, Mike 7 07/03/2014 56 93,000 24,000

Methanex Corporation Common Shares Hognestad, Jone 7 13/03/2014 57 23,698 1,604 Methanex Corporation Rights Performance Share

Units Hognestad, Jone 7 07/03/2014 56 10,154 1,300


Hognestad, Jone 7 13/03/2014 56 10,689 535


Hognestad, Jone 7 13/03/2014 59 9,085 -1,604


Hognestad, Jone 7 13/03/2014 57 7,481 -1,604


Hognestad, Jone 7 07/03/2014 56 32,400 5,400

Methanex Corporation Common Shares James, Vanessa 7 13/03/2014 57 14,272 1,604 Methanex Corporation Rights Performance Share

Units James, Vanessa 7 07/03/2014 56 23,192 6,000


James, Vanessa 7 13/03/2014 56 23,727 535


James, Vanessa 7 13/03/2014 59 22,123 -1,604


James, Vanessa 7 13/03/2014 57 20,519 -1,604


James, Vanessa 7 07/03/2014 56 93,000 24,000


Khattab, Hussein 2 13/03/2014 56 9,389 535


Khattab, Hussein 2 13/03/2014 59 6,181 -3,208


Kostelnik, Robert 4 07/03/2014 56 8,305 1,400

Methanex Corporation Common Shares Maddren, Simon Christopher

5 13/03/2014 57 3,678 898


Maddren, Simon Christopher

5 07/03/2014 56 7,519 1,300



5 13/03/2014 56 7,818 299



5 13/03/2014 59 6,920 -898



5 13/03/2014 57 6,022 -898



5 07/03/2014 56 20,100 5,400

Methanex Corporation Common Shares MALONEY, KEVIN 5 13/03/2014 57 11,833 898

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2962



Acquired/ Disposed


MALONEY, KEVIN 5 07/03/2014 56 7,519 1,300


MALONEY, KEVIN 5 13/03/2014 56 7,818 299


MALONEY, KEVIN 5 13/03/2014 59 6,920 -898


MALONEY, KEVIN 5 13/03/2014 57 6,022 -898


MALONEY, KEVIN 5 07/03/2014 56 28,500 5,400

Methanex Corporation Common Shares Percy, Charles 7 13/03/2014 57 19,519 1,604 Methanex Corporation Options Percy, Charles 7 07/03/2014 56 66,090 5,100 Methanex Corporation Rights Performance Share

Units Percy, Charles 7 07/03/2014 56 10,054 1,200


Percy, Charles 7 13/03/2014 56 10,589 535


Percy, Charles 7 13/03/2014 59 8,985 -1,604


Percy, Charles 7 13/03/2014 57 7,381 -1,604

Methanex Corporation Rights Deferred Share Units

Poole, Albert Terence 4 07/03/2014 56 46,081 1,400


Price, Kevin 5 07/03/2014 56 4,229 1,000


Price, Kevin 5 13/03/2014 56 4,421 192


Price, Kevin 5 13/03/2014 59 3,267 -1,154


Price, Kevin 5 07/03/2014 56 18,750 4,500


Reid, John McDonald 4 31/12/2013 30 614


Reid, John McDonald 4 31/12/2013 30 37,662 615


Reid, John McDonald 4 07/03/2014 56 39,062 1,400


Rennie, Janice Gaye 4 07/03/2014 56 8,305 1,400


Sloan, Monica 4 07/03/2014 56 42,442 1,400


Sofia, Kamilia 7, 5 07/03/2014 56 6,951 1,500


Sofia, Kamilia 7, 5 07/03/2014 56 33,100 6,000

Methanex Corporation Options Valembois, David 5 07/03/2014 56 8,625 1,905 Methanex Corporation Rights Performance Share

Units Valembois, David 5 07/03/2014 56 2,487 425

Methanex Corporation Common Shares Weake, Harvey 5 13/03/2014 57 78,144 5,774 Methanex Corporation Rights Performance Share

Units Weake, Harvey 5 07/03/2014 56 35,218 6,000


Weake, Harvey 5 13/03/2014 56 37,143 1,925


Weake, Harvey 5 13/03/2014 59 31,368 -5,775


Weake, Harvey 5 13/03/2014 57 25,594 -5,774


Weake, Harvey 5 07/03/2014 56 168,000 24,000

Methanex Corporation Common Shares Wiggins, Wade 7, 5 13/03/2014 57 10,376 1,283 Methanex Corporation Options Wiggins, Wade 7, 5 07/03/2014 56 58,530 5,400 Methanex Corporation Rights Performance Share

Units Wiggins, Wade 7, 5 07/03/2014 56 10,154 1,300


Wiggins, Wade 7, 5 13/03/2014 56 10,689 535


Wiggins, Wade 7, 5 13/03/2014 59 8,764 -1,925

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2963



Acquired/ Disposed


Wiggins, Wade 7, 5 13/03/2014 57 7,481 -1,283

Methanex Corporation Common Shares Williams, Tim 5 13/03/2014 57 4,960 1,604 Methanex Corporation Rights Performance Share

Units Williams, Tim 5 07/03/2014 56 9,764 910


Williams, Tim 5 13/03/2014 56 10,299 535


Williams, Tim 5 13/03/2014 59 8,695 -1,604


Williams, Tim 5 13/03/2014 57 7,091 -1,604


Williams, Tim 5 07/03/2014 56 22,170 3,870

Microbix Biosystems Inc. Common Shares Cassidy, Kevin James 5 07/03/2014 10 0.39 307,295 -15,000 Microbix Biosystems Inc. Common Shares Froh, Kathryn 5 01/01/2014 00 Microbix Biosystems Inc. Common Shares Froh, Kathryn 5 10/03/2014 51 0.35 5,000 5,000 Microbix Biosystems Inc. Common Shares Froh, Kathryn 5 10/03/2014 51 0.39 10,000 5,000 Microbix Biosystems Inc. Options Froh, Kathryn 5 01/01/2014 00 50,000 Microbix Biosystems Inc. Options Froh, Kathryn 5 10/03/2014 51 45,000 -5,000 Microbix Biosystems Inc. Options Froh, Kathryn 5 10/03/2014 51 40,000 -5,000 Midas Gold Corp. Common Shares Quin, Stephen Paul 4, 5 12/03/2014 47 1.04 1,491,000 -50,000 Middlefield Can-Global REIT Income Fund

Trust Units Middlefield Can-Global REIT Income Fund

1 07/03/2014 38 10.2 373,700 800

Middlefield Can-Global REIT Income Fund


1 10/03/2014 38 10.1 374,500 800



1 12/03/2014 38 10.125 376,100 1,600



1 13/03/2014 38 10.09 376,900 800

Millrock Resources Inc. Options Whicker, Sarah Lindsey 1 21/08/2013 52 0.25 675,000 -25,000 Minfocus Exploration Corp. Common Shares Harper, Gerald 3, 4, 5 12/03/2014 10 0.03 7,458,923 5,000 MINT Income Fund Trust Units Lauzon, Robert 5 11/03/2014 10 10.35 0 -1,000 MINT Income Fund Trust Units MINT Income Fund 1 07/03/2014 38 10.43 46,935,003 1,800 MINT Income Fund Trust Units MINT Income Fund 1 10/03/2014 38 10.3 46,935,103 100 MINT Income Fund Trust Units MINT Income Fund 1 11/03/2014 38 10.4 46,935,903 800 MINT Income Fund Trust Units MINT Income Fund 1 13/03/2014 38 10.34 46,936,503 600 MONETA PORCUPINE MINES INC.

Options Henry, Alexander David 4 06/03/2014 50 720,000 170,000

Mongolia Growth Group Ltd. Common Shares Calonego, Jordan Ugo 4, 5 25/02/2014 10 1.95 1,694,800 -5,200 Mongolia Growth Group Ltd. Common Shares Calonego, Jordan Ugo 4, 5 04/03/2014 10 2.12 1,686,000 -8,800 Mongolia Growth Group Ltd. Common Shares Calonego, Jordan Ugo 4, 5 06/03/2014 10 2.24 1,677,500 -8,500 Mongolia Growth Group Ltd. Common Shares Calonego, Jordan Ugo 4, 5 07/03/2014 10 2.51 1,668,500 -9,000 Mongolia Growth Group Ltd. Common Shares Calonego, Jordan Ugo 4, 5 11/03/2014 10 2.71 1,668,300 -200 Mongolia Growth Group Ltd. Common Shares Calonego, Jordan Ugo 4, 5 13/03/2014 10 2.59 1,662,500 -5,800 Mongolia Growth Group Ltd. Common Shares Fleckenstein, William A. 4 10/03/2014 47 2.775 956,500 -16,500 Mongolia Growth Group Ltd. Options Expire on March

1, 2019, Strike Price of 1.90, Fully Vested

Kupperman, Harris 3, 4, 5 02/02/2011 00

Mongolia Growth Group Ltd. Options Expire on March 1, 2019, Strike Price of 1.90, Fully Vested

Kupperman, Harris 3, 4, 5 02/02/2011 00

Mongolia Growth Group Ltd. Options Expire on March 1, 2019, Strike Price of 1.90, Fully Vested

Kupperman, Harris 3, 4, 5 02/03/2014 50 1.9 48,000 48,000

Montan Capital Corp. Common Shares Hodge, David 6 10/03/2014 10 0.07 490,000 160,000 Montana Exploration Corp. (formerly AltaCanada Energy Corp.)

Common Shares Collins, James William 4 07/03/2014 10 0.19 39,429,629 55,000

Montana Exploration Corp. (formerly AltaCanada Energy Corp.)

Common Shares Collins, James William 4 13/03/2014 10 0.19 39,478,629 49,000

Mooncor Oil & Gas Corp. (formerly DVD Investments Limited)

Common Shares LONE, ALLEN 4, 5 10/03/2014 10 0.03 519,000 5,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2964



Acquired/ Disposed

Morguard Corporation Common Shares Murphy, Timothy John 4 24/05/2006 00 Morguard Corporation Common Shares Murphy, Timothy John 4 10/03/2014 10 128 300 300 Morguard North American Residential Real Estate Investment Trust

Trust Units King, David 6 06/03/2014 10 9.85 2,100 2,100

Mullen Group Ltd. Common Shares Hoffman, Dennis J. 4 15/05/2013 10 20.82 1,400 Mullen Group Ltd. Common Shares Hoffman, Dennis J. 4 15/05/2013 10 20.82 1,446 1,446 Mullen Group Ltd. Common Shares Hoffman, Dennis J. 4 15/05/2013 10 20.82 750 Mullen Group Ltd. Common Shares Hoffman, Dennis J. 4 15/05/2013 10 20.82 772 772 Murgor Resources Inc Common Shares Tessier, André C. 4, 5 13/03/2014 10 0.02 746,400 100,000 Murgor Resources Inc Common Shares Tessier, André C. 4, 5 13/03/2014 10 0.025 1,146,400 400,000 Muskrat Minerals Incorporated

Common Shares MacFarlane, Lorne Stewart 5 11/03/2014 90 55,000 5,000

Muskrat Minerals Incorporated

Common Shares MacFarlane, Lorne Stewart 5 11/03/2014 90 61,250 -5,000


Common Shares MacFarlane, Lorne Stewart 5 11/03/2014 90 56,250 -5,000


Common Shares MacFarlane, Lorne Stewart 5 11/03/2014 90 55,000 5,000


Common Shares MacFarlane, Lorne Stewart 5 11/03/2014 90 5,000

Nanotech Security Corp. Options Tolmie, Kenneth Ross 4 22/10/2003 50 150,000 75,000 Nanotech Security Corp. Options Tolmie, Kenneth Ross 4 25/06/2004 52 0.15 75,000 -75,000 Nanotech Security Corp. Warrants Tolmie, Kenneth Ross 4 13/01/2012 54 0.1 75,000 Nanotech Security Corp. Warrants Tolmie, Kenneth Ross 4 13/01/2012 54 0.1 75,000 Nass Valley Gateway Ltd. Common Shares Merfin Management Ltd 3 12/03/2014 10 0.025 10,925,833 -100,000 Nass Valley Gateway Ltd. Common Shares Peter, Dieter Wolf 4, 5 06/03/2014 10 0.02 2,548,667 200,000 Nass Valley Gateway Ltd. Common Shares Peter, Dieter Wolf 4, 5 12/03/2014 10 0.025 2,648,667 100,000 National Bank of Canada Preferred Shares First,

Series 24 Banque Nationale du Canada

1 17/07/2000 00

National Bank of Canada Preferred Shares First, Series 24

Banque Nationale du Canada

1 15/02/2014 38 25 2,425,880 2,425,880



1 15/02/2014 38 0 -2,425,880



1 17/07/2000 00



1 15/02/2014 38 25 1,724,835 1,724,835



1 15/02/2014 38 0 -1,724,835

National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 51 34.34 9,952 9,000 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 51 38.36 17,868 7,916 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.95 11,668 -6,200 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.94 9,268 -2,400 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.93 8,868 -400 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.72 8,768 -100 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.71 8,168 -600 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.7 6,168 -2,000 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.69 1,168 -5,000 National Bank of Canada Common Shares Bilodeau, Stéphane 5 11/03/2014 10 43.68 952 -216 National Bank of Canada Options Bilodeau, Stéphane 5 11/03/2014 51 34.34 89,312 -9,000 National Bank of Canada Options Bilodeau, Stéphane 5 11/03/2014 51 38.36 81,396 -7,916 National Bank of Canada Common Shares Paiement, Luc 5 11/03/2014 10 329 16 National Bank of Canada Common Shares Paiement, Luc 5 12/03/2014 10 43.79 452 123 National Bank of Canada Common Shares Thabet, Pierre 4 03/02/2014 35 84.25 36 National Bank of Canada Common Shares Thabet, Pierre 4 03/02/2014 35 84.25 36 National Bank of Canada Common Shares Thabet, Pierre 4 03/02/2014 35 84.25 36 National Bank of Canada Common Shares Thabet, Pierre 4 03/02/2014 35 84.25 36 National Bank of Canada Common Shares Thabet, Pierre 4 13/02/2014 37 81,192 National Bank of Canada Common Shares Thabet, Pierre 4 13/02/2014 37 81,192 National Bank of Canada Common Shares Thabet, Pierre 4 13/02/2014 37 81,228 National Bank of Canada Common Shares Thabet, Pierre 4 13/02/2014 37 81,228

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2965



Acquired/ Disposed

National Bank of Canada Common Shares Thabet, Pierre 4 26/02/2014 35 42.3 1,649 National Bank of Canada Common Shares Thabet, Pierre 4 26/02/2014 35 42.3 1,649 National Bank of Canada Common Shares Thabet, Pierre 4 03/03/2014 35 36 National Bank of Canada Common Shares Thabet, Pierre 4 03/03/2014 35 36 National Bank of Canada Common Shares Thabet, Pierre 4 13/03/2014 37 81,228 National Bank of Canada Common Shares Thabet, Pierre 4 13/03/2014 37 81,228 Nemaska Lithium Inc. (formerly NEMASKA EXPLORATION INC.)

Common Shares Bourassa, guy georges 4, 5 12/03/2014 10 0.17 2,030,000 10,000

Nevada Exploration Inc. Options Boyle, Jennifer L 4 03/03/2014 50 1,200,000 250,000 Nevada Sunrise Gold Corporation

Warrants Kent, Cory Harrison 4 07/03/2014 55 2.2 0 -4,000

New Flyer Industries Inc. Common Shares Soubry, Paul 5 19/01/2009 00 1,000 New International Infopet Systems Ltd.

Common Shares Bartholomew, Myles 3 17/12/2013 50 0.3 -125,000

New International Infopet Systems Ltd.

Common Shares Bartholomew, Myles 3 17/12/2013 10 0.3 5,708,333 -125,000

New Zealand Energy Corp. Common Shares Campbell, Hamish John 4 12/03/2014 10 0.23 2,179,500 -180,500 New Zealand Energy Corp. Common Shares Campbell, Hamish John 4 13/03/2014 10 0.23 2,135,000 -44,500 Newalta Corporation Common Shares Pardo, Felix 7 10/03/2014 10 19.09 -2,000 Newalta Corporation Common Shares Pardo, Felix 7 10/03/2014 10 19.14 15,000 -2,000 Newlox Gold Ventures Corp. Common Shares Caffyn-Parsons, Rory

Anthony 3 04/03/2014 00 10,000,000

Newlox Gold Ventures Corp. Warrants Caffyn-Parsons, Rory Anthony

3 04/03/2014 00 10,000,000

NexC Partners Corp. Non-Voting Shares Class A

NexC Partners Corp. 1 30/01/2014 38 9.65 1,400 400






NexC Partners Corp. 1 04/02/2014 38 1,600 -400


























NexC Partners Corp. 1 13/02/2014 38 800 -800




NexC Partners Corp. 1 14/02/2014 38 9.7488 800 800



Insider Reporting

March 20, 2014

(2014), 37 OSCB 2966



Acquired/ Disposed






NexC Partners Corp. 1 24/02/2014 38 9.75 500 500















NexGen Energy Ltd. Common Shares LEDERHOUSE, MICHAEL CAREY

3 10/03/2014 10 0.495 13,704,805 -50,000


3 11/03/2014 10 0.495 13,654,805 -50,000


3 12/03/2014 10 0.49 13,604,805 -50,000


3 12/03/2014 10 0.54 -50,000


3 13/03/2014 10 0.54 13,554,805 -50,000


3 14/03/2014 10 0.49 13,539,305 -15,500

Nickel North Exploration Corp.

Common Shares Barclay, Richard John Hargrave

4 12/03/2014 10 0.1 555,000 10,000


Common Shares Mudry, Morris Phillip 5 12/03/2014 10 0.1 408,000 8,000


Common Shares Mudry, Morris Phillip 5 12/03/2014 10 0.16 413,000 5,000

Norbord Inc. Common Shares Dawson, Michael J. 5 27/02/2014 30 30.8 327 Norbord Inc. Common Shares Dawson, Michael J. 5 27/02/2014 30 30.8 10,250 627 Noront Resources Ltd. Common Shares MAH, GEORGE PETER 4 21/03/2013 00 Noront Resources Ltd. Common Shares MAH, GEORGE PETER 4 10/03/2014 10 0.42 20,000 20,000 Norsat International Inc. Units Restricted Share

Units Broom, Kenneth George 7 28/02/2014 56 0.55 2,283

Norsat International Inc. Units Restricted Share Units

Broom, Kenneth George 7 28/02/2014 56 2,283 2,283


Caprio, Joseph 4 28/02/2014 56 0.55 10,800


Caprio, Joseph 4 28/02/2014 56 39,426 10,800


Chan, Amiee Yuet Yee 5 28/02/2014 56 0.55 85,680


Chan, Amiee Yuet Yee 5 28/02/2014 56 85,680


Chan, Amiee Yuet Yee 5 28/02/2014 56 353,863 85,680


Chin, Arthur David 5 28/02/2014 56 0.55 73,440


Chin, Arthur David 5 28/02/2014 56 265,396 73,440


Doninelli, Fabio 4 28/02/2014 56 0.55 15,600


Doninelli, Fabio 4 28/02/2014 56 57,443 15,600

North American Energy Partners Inc.

Common Shares Ferron, Martin Robert 4, 5 05/03/2014 10 6.65 924,499 -18,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2967



Acquired/ Disposed




Common Shares Ferron, Martin Robert 4, 5 06/03/2014 51 2.79 918,399 2,900






Notes NOACN 9 1/8 Ferron, Martin Robert 4, 5 07/03/2014 10 $1,326,000 $300,000


Options Ferron, Martin Robert 4, 5 06/03/2014 51 2.79 643,030 -2,900


Deferred Share Unit (Common Shares)

McIntosh, Ronald A 4 28/02/2014 56 120,626 1,256

North American Nickel Inc. Common Shares Whalen, Donald Alexander 6 10/03/2014 10 0.31 309,000 -10,000 North Sea Energy Inc. (formerly, Ranger Energy Ltd.)

Common Shares Lambert, Ian Davidson 4 14/03/2014 10 0.09 478,500 9,483

Northern Property Real Estate Investment Trust

Trust Units (Traded as Stapled Units)

McGinley, Christine Ellen 4 12/03/2014 10 28.21 1,755 880



Palmer, Robert James 5 03/01/2013 00



Palmer, Robert James 5 31/12/2013 30 28.98 491 491

Northland Power Inc. Common Shares Brace, John Wycliffe 5 10/03/2014 90 1,710,446 -1,438 NorthWest Healthcare Properties Real Estate Investment Trust

Deferred Units Barkin, Martin 4 21/12/2013 30 11.26 752

NorthWest Healthcare Properties Real Estate Investment Trust

Deferred Units Barkin, Martin 4 31/12/2013 30 11.26 13,111 752


Deferred Units Baron, Robert 4 31/12/2013 30 11.26 21,850 1,252


Deferred Units Brady, Michael 5 31/12/2013 30 11.07 42,294 2,662


Deferred Units Crotty, Bernard W. 4 31/12/2013 30 11.26 21,850 1,252


Deferred Units Dalla Lana, Paul 4, 5 31/12/2013 30 11.26 16,745 906


Deferred Units KNOWLTON, JOHN MICHAEL ARTHUR

4 31/12/2013 30 11.26 13,749 703


Deferred Units Krizan, Jan 4 31/12/2013 30 11.26 10,047 544


Trust Units Naylor, Christopher David (David)

6 03/02/2014 00



6 03/02/2014 00



6 03/02/2014 00 1,100


Deferred Units Riggin, Peter 5 31/12/2013 30 11.07 43,314 2,606


Deferred Units Spraggs, Ernest 5 31/12/2013 30 11.07 52,812 3,366

NorthWest International Healthcare Properties Real Estate Investment Trust

Convertible Debentures 7.50%

Naylor, Christopher David (David)

4 03/02/2014 00 $10,800

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2968



Acquired/ Disposed

NorthWest International Healthcare Properties Real Estate Investment Trust


4 03/02/2014 00 10,800

NovaCopper Inc. Options Arrangement Options

McConnell, Gerald James 4 07/03/2014 52 538,508 -99,996

Novadaq Technologies Inc. Common Shares Koch, Jr., Harold O. 4 15/03/2014 10 24.31 0 -17,488 NOVAGOLD RESOURCES INC.

Options McConnell, Gerald James 4 07/03/2014 52 697,550 -100,000

NUVISTA ENERGY LTD. Common Shares Burton, Craig 5 10/03/2014 51 36,745 14,700 NUVISTA ENERGY LTD. Common Shares Burton, Craig 5 10/03/2014 10 22,045 -14,700 NUVISTA ENERGY LTD. Options Burton, Craig 5 10/03/2014 51 7.92 284,830 -14,700 NUVISTA ENERGY LTD. Common Shares ECKHARDT, Ronald John 4 12/03/2014 10 8.69 113,500 34,700 NUVISTA ENERGY LTD. Restricted Share Awards Michael, Lawford 5 11/03/2014 59 8.89 8,819 -6,181 OceanaGold Corporation Common Shares Cadzow, Mark David 5 10/03/2014 10 120,887 -10,000 OceanaGold Corporation Common Shares Cadzow, Mark David 5 12/03/2014 10 110,887 -10,000 OceanaGold Corporation Common Shares Cadzow, Mark David 5 13/03/2014 10 90,887 -20,000 OceanaGold Corporation Common Shares Cadzow, Mark David 5 14/03/2014 10 72,887 -18,000 Oceanus Resources Corporation

Common Shares Abriel, Keith Benjamim 4 07/03/2014 16 0.22 35,000 35,000

Oceanus Resources Corporation

Common Shares Duncan, David Raymo 4 07/03/2014 46 0.22 247,433 121,118


Common Shares Gordon, Richard Basil 4, 5 07/03/2014 46 0.22 1,680,670 136,363










Common Shares Gordon, Richard Basil 4, 5 12/03/2014 11 0.22 1,374,670 -316,000




Common Shares Jessome, Glenn 5 07/03/2014 46 0.22 1,987,803 431,818

ONEX CORPORATION Subordinate Voting Shares

Donaldson, Christine Maria 5 10/03/2014 10 62.75 17,938 94


Hausman, Joshua Samuel 7 13/03/2014 10 61.641 12,500 1,100


Heersink, Ewout R. 4, 5 01/03/2014 90 885,835


Heersink, Ewout R. 4, 5 01/03/2014 90 885,835


Heersink, Ewout R. 4, 5 01/03/2014 90 884,973 884,973


Heersink, Ewout R. 4, 5 08/01/2014 47 58.27 544,477 -862


Munk, Anthony 7 10/03/2014 10 62.472 449,640 8,000


Munk, Anthony 7 11/03/2014 10 62.314 453,140 3,500


Munk, Anthony 7 12/03/2014 10 62.045 453,890 750

Open Text Corporation Common Shares OTEX Common

Fowlie, Randy 4 18/02/2014 37 93,000 46,500


Fowlie, Randy 4 07/03/2014 10 55.75 119,800 -7,200


Fowlie, Randy 4 07/03/2014 10 55.76 118,700 -1,100


Fowlie, Randy 4 07/03/2014 10 55.78 118,200 -500


Fowlie, Randy 4 07/03/2014 10 55.77 117,700 -500

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2969



Acquired/ Disposed


Fowlie, Randy 4 07/03/2014 10 55.795 117,600 -100


Fowlie, Randy 4 07/03/2014 10 55.81 117,000 -600

Open Text Corporation Deferred Share Units Fowlie, Randy 4 18/02/2014 37 18,348 9,174 Open Text Corporation Options All OTEX Option

Plans Fowlie, Randy 4 18/02/2014 37 94,200 47,100


Jackman, Brian 4 18/02/2014 37 24,000 12,000


Jackman, Brian 4 10/03/2014 51 13.85 44,600 20,600


Jackman, Brian 4 10/03/2014 51 15.675 68,600 24,000


Jackman, Brian 4 10/03/2014 10 49.638 24,000 -44,600

Open Text Corporation Deferred Share Units Jackman, Brian 4 18/02/2014 37 9,682 4,841 Open Text Corporation Options All OTEX Option

Plans Jackman, Brian 4 18/02/2014 37 105,200 52,600

Open Text Corporation Options All OTEX Option Plans

Jackman, Brian 4 10/03/2014 51 84,600 -20,600

Open Text Corporation Options All OTEX Option Plans

Jackman, Brian 4 10/03/2014 51 60,600 -24,000

Opta Minerals Inc. Common Shares Kruse, David 5 07/03/2014 30 1.5691 117,619 3,217 Oramericas Corp. Common Shares schneider, craig douglas 5 13/03/2014 10 0.065 124,333 10,000 Otis Gold Corp. Common Shares Brown, Mark Thomas 3 10/03/2014 00 920,000 Otis Gold Corp. Common Shares Brown, Mark Thomas 3 10/03/2014 00 2,545,000 Otis Gold Corp. Common Shares Brown, Mark Thomas 3 10/03/2014 00 1,250,000 Otis Gold Corp. Options Brown, Mark Thomas 3 10/03/2014 00 100,000 Otis Gold Corp. Warrants Brown, Mark Thomas 3 10/03/2014 00 1,000,000 Otis Gold Corp. Warrants Brown, Mark Thomas 3 10/03/2014 00 1,000,000 Otis Gold Corp. Options Lindsay, Craig Thomas 3, 4, 5 07/03/2014 50 1,725,000 600,000 Otis Gold Corp. Options Mitchell, Sean 4 07/03/2014 50 0.07 600,000 150,000 Otis Gold Corp. Options Nowell, Robert William 5 07/03/2014 50 0.07 50,000 25,000 Otis Gold Corp. Options Ranta, Donald Eli 4 07/03/2014 50 0.07 545,000 150,000 Pacific & Western Bank of Canada

Common Shares George, Patrick 6 13/03/2014 10 6.48 22,200 1,000

Pacific & Western Bank of Canada

Common Shares George, Patrick 6 13/03/2014 10 6.36 23,000 800

Pacific & Western Bank of Canada

Common Shares George, Patrick 6 13/03/2014 10 6.35 23,200 200

Pacific Coal Resources Ltd. Common Shares De La Campa, Miguel Angel 4, 6 06/03/2014 10 0.4 18,000 Pacific Coal Resources Ltd. Common Shares De La Campa, Miguel Angel 4, 6 06/03/2014 10 0.4 18,000 Pacific Coal Resources Ltd. Common Shares Iacono, Serafino 4, 6 06/03/2014 10 0.4 1,232,571 18,000 Pacific Rubiales Energy Corp.

Common Shares Efromovich, German 4 13/03/2014 10 17.535 127,487 -14,000

Pacific Rubiales Energy Corp.



Common Shares Efromovich, German 4 13/03/2014 10 17.59 125,887 -200






Common Shares Efromovich, German 4 13/03/2014 10 17.61 -100











Insider Reporting

March 20, 2014

(2014), 37 OSCB 2970



Acquired/ Disposed


























Common Shares Efromovich, German 4 13/03/2014 10 17.575 800 -6,400


Common Shares Efromovich, German 4 13/03/2014 10 17.605 100 -700


Common Shares Efromovich, German 4 24/02/2014 10 15.715 1,556,797 -200






Common Shares Efromovich, German 4 24/02/2014 10 15.705 1,554,297 -1,400































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2971



Acquired/ Disposed



































































Insider Reporting

March 20, 2014

(2014), 37 OSCB 2972



Acquired/ Disposed









Pan American Silver Corp. Options Burns, Geoffrey Alan 5 11/03/2014 52 17.73 126,795 -30,167 Pan American Silver Corp. Options Busby, Steven 5 11/03/2014 52 17.73 198,794 -31,940 Pan American Silver Corp. Options Couturier, Ignacio Llerena 5 11/03/2014 52 17.73 24,301 -4,417 Pan American Silver Corp. Options Dasso, Andres Antonio 5 11/03/2014 52 17.73 32,077 -25,580 Pan American Silver Corp. Options Doyle, Alun Robert 5 11/03/2014 52 17.73 69,560 -14,078 Pan American Silver Corp. Options Fisher, Delaney Joseph 5 11/03/2014 52 17.73 9,829 -3,111 Pan American Silver Corp. Options Greer, Georges 5 11/03/2014 52 17.73 44,761 -8,213 Pan American Silver Corp. Options McAleer, Sean 5 11/03/2014 52 17.73 39,079 -9,209 Pan American Silver Corp. Options Pirooz, Robert Pirooz 5 11/03/2014 52 17.73 76,952 -11,574 Pan American Silver Corp. Options Steinmann, Michael 5 11/03/2014 52 17.73 134,849 -10,508 Pan American Silver Corp. Options Vincent, Wayne 5 11/03/2014 52 17.73 22,187 -5,530 Pan American Silver Corp. Options Wafforn, Martin 5 11/03/2014 52 17.73 50,287 -7,098 Pangolin Diamonds Corp. (formerly Key Gold Holding Inc.)

Options Bonner, Rickey 5 27/01/2014 00

Pangolin Diamonds Corp. (formerly Key Gold Holding Inc.)

Options Bonner, Rickey 5 05/03/2014 50 0.25 300,000 300,000

Panoro Minerals Ltd. Common Shares Boden, William John 4 11/03/2014 10 0.3 9,797,620 2,000 Paramount Resources Ltd. Common Shares Class A Jungé, Dirk 4 14/03/2014 51 7.34 10,501 10,500 Paramount Resources Ltd. Common Shares Class A Jungé, Dirk 4 14/03/2014 10 45.293 1 -10,500 Paramount Resources Ltd. Options Jungé, Dirk 4 14/03/2014 51 7.34 39,000 -10,500 Paramount Resources Ltd. Common Shares Class A Shier, E. Mitchell 5 13/03/2014 51 7.36 15,000 15,000 Paramount Resources Ltd. Common Shares Class A Shier, E. Mitchell 5 13/03/2014 10 45.348 7,500 -7,500 Paramount Resources Ltd. Common Shares Class A Shier, E. Mitchell 5 13/03/2014 10 45.166 0 -7,500 Paramount Resources Ltd. Options Shier, E. Mitchell 5 13/03/2014 51 7.36 247,500 -15,000 Park Lawn Company Limited Common Shares Mills, Russell 4 22/05/2013 00 Park Lawn Company Limited Common Shares Mills, Russell 4 20/02/2014 10 3.55 2,000 2,000 Parkit Enterprise Inc. Common Shares Baxter, Richard 4 12/03/2014 10 0.3 4,029,500 5,000 Partners Real Estate Investment Trust

Units Miniutti, Patrick 4, 5 05/03/2014 90 5.6 8,751

Partners Real Estate Investment Trust

Units Miniutti, Patrick 4, 5 05/03/2014 90 5.6 17,501 8,751

Pasinex Resources Limited (formerly Triple Dragon Resources Inc.)

Options Chow, Paul 4 10/08/2012 00


Options Chow, Paul 4 14/03/2014 50 0.1 150,000 150,000


Options Hodge, David 4, 5 14/03/2014 50 0.1 1,271,250 150,000


Options Olsson, Sven 4 12/08/2012 00


Options Olsson, Sven 4 14/03/2014 50 0.01 200,000 200,000


Options smyth, clinton paul 5 23/04/2012 00


Options smyth, clinton paul 5 14/03/2014 50 0.1 250,000 250,000


Options Williams, Steven Robert 5 01/03/2012 00

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2973



Acquired/ Disposed


Options Williams, Steven Robert 5 14/03/2014 50 0.1 300,000 300,000

Pason Systems Inc. Common Shares Lindsay, James Gregory 7 11/03/2014 51 32,475 2,400 Pason Systems Inc. Common Shares Lindsay, James Gregory 7 11/03/2014 10 29 30,075 -2,400 Pason Systems Inc. Options Lindsay, James Gregory 7 11/03/2014 51 278,300 -2,400 Pason Systems Inc. common share options McLean, Bryce 5 14/03/2014 51 70,500 -4,334 Pason Systems Inc. Common Shares McLean, Bryce 5 14/03/2014 51 5,434 4,334 Pason Systems Inc. Common Shares McLean, Bryce 5 14/03/2014 10 28.1 1,100 -4,334 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 193,133 -200 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 192,933 -200 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 192,333 -600 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 191,933 -400 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 189,933 -2,000 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 189,833 -100 Pason Systems Inc. common share options Tremaine, Dean 5 12/03/2014 51 188,333 -1,500 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 15,200 200 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 28.05 15,000 -200 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 15,200 200 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 28.01 15,000 -200 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 15,600 600 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 28.02 15,000 -600 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 15,400 400 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 27.99 15,000 -400 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 17,000 2,000 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 27.98 15,000 -2,000 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 15,100 100 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 28 15,000 -100 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 51 16,500 1,500 Pason Systems Inc. Common Shares Tremaine, Dean 5 12/03/2014 10 27.96 15,000 -1,500 PASSPORT POTASH INC. Common Shares Bleak, Joshua Daniel 4, 5 13/03/2014 37 2,466,594 -2,466,594 PASSPORT POTASH INC. Common Shares Bleak, Joshua Daniel 4, 5 13/03/2014 37 1,216,145 -1,216,146 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.32 2,526,650 -600,000 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.64 2,826,650 300,000 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.2 1,766,650 -1,060,000 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.4 2,296,650 530,000 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.2 1,960,900 -335,750 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.4 2,128,775 167,875 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 1,288,275 -840,500 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.84 1,708,525 420,250 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 1,418,525 -290,000 PASSPORT POTASH INC. Options Bleak, Joshua Daniel 4, 5 13/03/2014 38 0.36 1,563,525 145,000 PASSPORT POTASH INC. Common Shares Eckersley, John Howard 4 13/03/2014 37 69,450 -69,450 PASSPORT POTASH INC. Common Shares Eckersley, John Howard 4 13/03/2014 37 2,572,080 -2,572,080 PASSPORT POTASH INC. Options Eckersley, John Howard 4 13/03/2014 38 990,000 -271,000 PASSPORT POTASH INC. Options Eckersley, John Howard 4 13/03/2014 38 1.18 1,125,500 135,500 PASSPORT POTASH INC. Options Eckersley, John Howard 4 13/03/2014 38 425,500 -700,000 PASSPORT POTASH INC. Options Eckersley, John Howard 4 13/03/2014 38 0.76 775,500 350,000 PASSPORT POTASH INC. Options Eckersley, John Howard 4 13/03/2014 38 485,500 -290,000 PASSPORT POTASH INC. Options Eckersley, John Howard 4 13/03/2014 38 0.36 630,500 145,000 PASSPORT POTASH INC. Common Shares Frost, Phillip 3 13/03/2014 37 15,069,805 -15,069,806 PASSPORT POTASH INC. Options Frost, Phillip 3 13/03/2014 38 0 -500,000 PASSPORT POTASH INC. Options Frost, Phillip 3 13/03/2014 38 1.18 250,000 250,000 PASSPORT POTASH INC. Warrants Frost, Phillip 3 13/03/2014 38 0.19 0 -1,250,000 PASSPORT POTASH INC. Warrants Frost, Phillip 3 13/03/2014 38 0.12 625,000 625,000 PASSPORT POTASH INC. Common Shares Rahimtula, Ali 4 13/03/2014 37 500,000 -500,000 PASSPORT POTASH INC. Options Rahimtula, Ali 4 13/03/2014 38 440,000 -250,000 PASSPORT POTASH INC. Options Rahimtula, Ali 4 13/03/2014 38 0.76 565,000 125,000 PASSPORT POTASH INC. Options Rahimtula, Ali 4 13/03/2014 38 275,000 -290,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2974



Acquired/ Disposed

PASSPORT POTASH INC. Options Rahimtula, Ali 4 13/03/2014 38 125,000 -150,000 PASSPORT POTASH INC. Options Rahimtula, Ali 4 13/03/2014 38 1.18 200,000 75,000 PASSPORT POTASH INC. Options Rahimtula, Ali 4 13/03/2014 38 0.36 345,000 145,000 PASSPORT POTASH INC. Common Shares Salisbury, David Jay 4, 5 13/03/2014 37 102,750 -102,750 PASSPORT POTASH INC. Common Shares Salisbury, David Jay 4, 5 13/03/2014 37 912,109 -912,109 PASSPORT POTASH INC. Options Salisbury, David Jay 4, 5 13/03/2014 38 290,000 -750,000 PASSPORT POTASH INC. Options Salisbury, David Jay 4, 5 13/03/2014 38 0.76 665,000 375,000 PASSPORT POTASH INC. Options Salisbury, David Jay 4, 5 13/03/2014 38 375,000 -290,000 PASSPORT POTASH INC. Options Salisbury, David Jay 4, 5 13/03/2014 38 0.36 520,000 145,000 PASSPORT POTASH INC. Common Shares Schlumpberger, Michael

Xavier 5 13/03/2014 37 37,500 -37,500

PASSPORT POTASH INC. Options Schlumpberger, Michael Xavier

5 13/03/2014 38 0 -500,000

PASSPORT POTASH INC. Options Schlumpberger, Michael Xavier

5 13/03/2014 38 0.36 250,000 250,000

Patheon Inc. Options Fatmi, Aqeel Ahmad 7 11/03/2014 38 2.97 -90,000 Patheon Inc. Options Fatmi, Aqeel Ahmad 7 11/03/2014 22 2.97 0 -90,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 38 3.75 -75,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 22 3.75 422,000 -75,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 38 2.32 -50,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 22 2.32 372,000 -50,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 38 2.33 -90,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 22 2.33 282,000 -90,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 22 2.34 150,000 -132,000 Patheon Inc. Options Garofolo, Paul 5 11/03/2014 22 1.85 0 -150,000 Patheon Inc. Options Gill III, Harry R 5 11/03/2014 38 290,000 -40,000 Patheon Inc. Options Gill III, Harry R 5 11/03/2014 22 2.21 260,000 -30,000 Patheon Inc. Options Gill III, Harry R 5 11/03/2014 22 1.85 150,000 -110,000 Patheon Inc. Options Gill III, Harry R 5 11/03/2014 22 2.96 50,000 -100,000 Patheon Inc. Options Gill III, Harry R 5 11/03/2014 22 5.17 0 -50,000 Patheon Inc. Options Glass, Geoffrey M. 5 11/03/2014 22 2.32 392,000 -150,000 Patheon Inc. Options Glass, Geoffrey M. 5 11/03/2014 22 2.33 302,000 -90,000 Patheon Inc. Options Glass, Geoffrey M. 5 11/03/2014 22 2.34 195,000 -107,000 Patheon Inc. Options Glass, Geoffrey M. 5 11/03/2014 22 1.85 20,000 -175,000 Patheon Inc. Options Glass, Geoffrey M. 5 11/03/2014 22 2.97 0 -20,000 Patheon Inc. Options Grant, Stuart 4 03/03/2014 38 518,000 -32,000 Patheon Inc. Options Grant, Stuart 4 11/03/2014 22 1.67 125,000 -393,000 Patheon Inc. Options Grant, Stuart 4 11/03/2014 22 1.85 0 -125,000 Patheon Inc. Options Lehmann, Michael Joseph 5 11/03/2014 22 2.97 50,000 -300,000 Patheon Inc. Options Lehmann, Michael Joseph 5 11/03/2014 22 5.17 0 -50,000 Patheon Inc. Options Lytton, Michael 4 11/03/2014 38 240,000 -175,000 Patheon Inc. Options Lytton, Michael 4 11/03/2014 22 1.88 0 -240,000 Patheon Inc. Restricted Voting Shares

(Common Shares redesignated-Apr/07)

Lytton, Michael 4 11/03/2014 22 9.32 0 -379,030

Patheon Inc. Options Mullen, James Charles 4, 5 11/03/2014 38 0 -4,000,000 Patheon Inc. Restricted Voting Shares


Mullen, James Charles 4, 5 11/03/2014 22 9.32 0 -2,312,085

Patheon Inc. Options New, Rebecca Holland 5 11/03/2014 38 364,250 -80,000 Patheon Inc. Options New, Rebecca Holland 5 11/03/2014 22 1.39 194,250 -170,000 Patheon Inc. Options New, Rebecca Holland 5 11/03/2014 22 1.85 0 -194,250 Patheon Inc. DSU Shaw, Brian Gordon 4 11/03/2014 38 -1 -95,682 Patheon Inc. Restricted Voting Shares


Shaw, Brian Gordon 4 11/03/2014 22 9.32 0 -110,939

Patheon Inc. DSU sutin, david earl 4 11/03/2014 38 0 -70,618 Patheon Inc. Restricted Voting Shares


sutin, david earl 4 11/03/2014 22 9.32 0 -56,454

Patheon Inc. DSU Viso, Joaquin 4 11/03/2014 38 0 -119,141

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2975



Acquired/ Disposed

Patheon Inc. Restricted Voting Shares (Common Shares redesignated-Apr/07)

Viso, Joaquin 4 11/03/2014 22 9.32 0 -11,689,698

Patheon Inc. DSU Watchorn, Derek John 4 11/03/2014 38 0 -174,034 Patheon Inc. Options Watchorn, Derek John 4 11/03/2014 22 9.94 5,000 -5,000 Patheon Inc. Options Watchorn, Derek John 4 11/03/2014 22 8.49 0 -5,000 Patheon Inc. Restricted Voting Shares


Watchorn, Derek John 4 11/03/2014 22 9.32 0 -30,384

Patheon Inc. Restricted Voting Shares (Common Shares redesignated-Apr/07)

Watchorn, Derek John 4 11/03/2014 22 9.32 0 -21,054

Patheon Inc. Options Wilson, Dean 5 11/03/2014 22 2.82 121,500 -15,000 Patheon Inc. Options Wilson, Dean 5 11/03/2014 22 2.33 81,500 -40,000 Patheon Inc. Options Wilson, Dean 5 11/03/2014 22 2.34 50,000 -31,500 Patheon Inc. Options Wilson, Dean 5 11/03/2014 22 1.85 20,000 -30,000 Patheon Inc. Options Wilson, Dean 5 11/03/2014 22 3.5 0 -20,000 Pathfinder Convertible Debenture Fund

Trust Units Pathfinder Convertible Debenture Fund

1 10/03/2014 38 10.95 5,253,874 1,200

Pathfinder Convertible Debenture Fund


1 11/03/2014 38 10.95 5,254,574 700

Pathfinder Convertible Debenture Fund


1 13/03/2014 38 11.01 5,255,974 1,400

Pembina Pipeline Corporation

Common Shares Dilger, Michael H. 5 14/03/2014 30 35,904 137


Common Shares Dyck, Eric 5 15/12/2013 30 23


Common Shares Dyck, Eric 5 15/02/2014 30 5,519 22


Common Shares Edgeworth, Allan Leslie 4 19/02/2014 30 36.447 43,415 166


Common Shares LeGresley, David Malcolm Balfour

4 06/03/2014 10 39.9 15,259 1,000


Convertible Debentures LeGresley, David Malcolm Balfour

4 01/10/2010 00



4 06/03/2014 10 1.59 $50,000 $50,000



4 06/03/2014 10 1.59 $250,000 -$50,000


Common Shares Massecar, Michael 5 14/03/2014 30 35.2 825 3








Common Shares Massecar, Michael 5 14/03/2014 30 35.2 17,677 69


Common Shares Massecar, Michael 5 14/03/2014 30 36.44 17,744 67


Common Shares Murphy, Paul John 5 12/03/2014 30 35.2 6,035 23


Common Shares Murphy, Paul John 5 12/03/2014 30 36.447 6,057 22

Pengrowth Energy Corporation

PSU Allen, David Peter Beddome 5 05/03/2014 56 7.08 103,344 40,431


RSU Allen, David Peter Beddome 5 05/03/2014 56 7.08 96,931 40,431


Common Shares Basford, Gillian 5 10/03/2014 57 6.9917 35,460 4,209


Common Shares Basford, Gillian 5 10/03/2014 10 6.9277 33,794 -1,666


Common Shares Basford, Gillian 5 10/03/2014 57 6.9917 36,624 2,830

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2976



Acquired/ Disposed


Common Shares Basford, Gillian 5 10/03/2014 10 6.9277 35,504 -1,120


PSU Basford, Gillian 5 05/03/2014 56 7.08 89,633 29,838


PSU Basford, Gillian 5 10/03/2014 57 83,033 -6,600


RSU Basford, Gillian 5 05/03/2014 56 7.08 80,688 29,838


RSU Basford, Gillian 5 10/03/2014 57 78,488 -2,200


Common Shares Bowles, Douglas Currie 5 31/12/2013 30 4.52 75,852 12,017




Common Shares Bowles, Douglas Currie 5 10/03/2014 10 6.9277 78,465 -1,713




Common Shares Bowles, Douglas Currie 5 10/03/2014 10 6.9277 80,207 -1,142


PSU Bowles, Douglas Currie 5 10/03/2013 57 -4,844


PSU Bowles, Douglas Currie 5 10/03/2013 57 55,195 -7,754


PSU Bowles, Douglas Currie 5 05/03/2014 56 7.08 83,429 28,234


PSU Bowles, Douglas Currie 5 10/03/2014 57 76,646 -6,783


RSU Bowles, Douglas Currie 5 16/03/2012 36 -5,365


RSU Bowles, Douglas Currie 5 16/03/2012 57 -5,365


RSU Bowles, Douglas Currie 5 16/03/2012 57 8,555 -3,203


RSU Bowles, Douglas Currie 5 05/03/2014 56 7.08 74,738 28,234


RSU Bowles, Douglas Currie 5 10/03/2014 57 72,477 -2,261


Common Shares Causgrove, James Edward Arthur

5 10/03/2014 57 6.9917 177,247 11,354



5 10/03/2014 10 6.9277 172,753 -4,494



5 10/03/2014 57 6.9917 180,386 7,633



5 10/03/2014 10 6.9277 177,365 -3,021


PSU Causgrove, James Edward Arthur

5 05/03/2014 56 7.08 188,443 62,203


PSU Causgrove, James Edward Arthur

5 10/03/2014 57 170,642 -17,801


RSU Causgrove, James Edward Arthur

5 05/03/2014 56 7.08 166,913 62,203


RSU Causgrove, James Edward Arthur

5 10/03/2014 57 160,979 -5,934


Common Shares De Maio, Stephen Joseph 5 31/12/2013 30 5.43 24,774 10,606




Common Shares De Maio, Stephen Joseph 5 10/03/2014 10 6.9277 15,020 -1,944




Common Shares De Maio, Stephen Joseph 5 10/03/2014 10 6.9277 16,997 -1,296


PSU De Maio, Stephen Joseph 5 10/03/2013 57 -1,514

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2977



Acquired/ Disposed


PSU De Maio, Stephen Joseph 5 10/03/2013 57 104,529 -2,536


PSU De Maio, Stephen Joseph 5 05/03/2014 56 7.08 160,885 56,356


PSU De Maio, Stephen Joseph 5 10/03/2014 57 153,186 -7,699


RSU De Maio, Stephen Joseph 5 16/03/2012 36 -4,588


RSU De Maio, Stephen Joseph 5 16/03/2012 57 -4,588


RSU De Maio, Stephen Joseph 5 16/03/2012 57 7,166 -3,068


RSU De Maio, Stephen Joseph 5 05/03/2014 56 7.08 149,887 56,356


RSU De Maio, Stephen Joseph 5 10/03/2014 57 147,321 -2,566


Common Shares EVANS, DAVID DEAN 5 10/03/2014 57 6.9917 36,996 3,013


Common Shares EVANS, DAVID DEAN 5 10/03/2014 10 6.9277 35,803 -1,193


Common Shares EVANS, DAVID DEAN 5 10/03/2014 57 6.9917 37,812 2,009


Common Shares EVANS, DAVID DEAN 5 10/03/2014 10 6.9277 37,016 -796


PSU EVANS, DAVID DEAN 5 05/03/2014 56 7.08 82,463 28,178


PSU EVANS, DAVID DEAN 5 10/03/2014 57 77,739 -4,724


RSU EVANS, DAVID DEAN 5 05/03/2014 56 7.08 71,931 28,178


RSU EVANS, DAVID DEAN 5 10/03/2014 57 70,356 -1,575


Common Shares Evans, Derek Watson 4, 5 31/12/2013 30 5.33 465,336 49,238




Common Shares Evans, Derek Watson 4, 5 10/03/2014 10 6.9277 481,265 -10,437




Common Shares Evans, Derek Watson 4, 5 10/03/2014 10 6.9277 513,122 -20,874


PSU Evans, Derek Watson 4, 5 10/03/2013 57 -26,257


PSU Evans, Derek Watson 4, 5 10/03/2013 57 291,275 -42,037


PSU Evans, Derek Watson 4, 5 05/03/2014 56 7.08 447,716 156,441


PSU Evans, Derek Watson 4, 5 10/03/2014 57 406,379 -41,337


RSU Evans, Derek Watson 4, 5 10/03/2013 57 -52,516


RSU Evans, Derek Watson 4, 5 10/03/2013 57 336,562 -42,038


RSU Evans, Derek Watson 4, 5 05/03/2014 56 7.08 493,003 156,441


RSU Evans, Derek Watson 4, 5 10/03/2014 57 451,666 -41,337


Common Shares Grasby, Andrew David 5 31/12/2013 30 5.4 78,196 11,696




Common Shares Grasby, Andrew David 5 10/03/2014 10 6.9277 78,196 -10,060



Insider Reporting

March 20, 2014

(2014), 37 OSCB 2978



Acquired/ Disposed


Common Shares Grasby, Andrew David 5 10/03/2014 10 6.9277 82,282 -2,677


PSU Grasby, Andrew David 5 10/03/2013 57 -8,173


PSU Grasby, Andrew David 5 10/03/2013 57 119,162 -13,539


PSU Grasby, Andrew David 5 05/03/2014 56 7.08 183,795 64,633


PSU Grasby, Andrew David 5 10/03/2014 57 168,022 -15,773


RSU Grasby, Andrew David 5 08/03/2013 56 -6,175


RSU Grasby, Andrew David 5 08/03/2013 57 -6,175


RSU Grasby, Andrew David 5 08/03/2013 57 114,880 -2,532


RSU Grasby, Andrew David 5 05/03/2014 56 7.08 165,267 64,633


RSU Grasby, Andrew David 5 10/03/2014 57 160,009 -5,258


Common Shares Greenan, Rebecca 5 13/08/2012 99 8,183 1,176


Common Shares Greenan, Rebecca 5 31/12/2013 30 5.48 27,000 8,637




Common Shares Greenan, Rebecca 5 10/03/2014 10 6.9277 28,601 -1,049




Common Shares Greenan, Rebecca 5 10/03/2014 10 6.9277 29,668 -700


Common Shares Greenan, Rebecca 5 13/08/2012 00


Common Shares Greenan, Rebecca 5 13/08/2012 00


Common Shares Greenan, Rebecca 5 31/12/2013 30 5.19 1,783 145


PSU Greenan, Rebecca 5 10/03/2013 57 -3,284


PSU Greenan, Rebecca 5 10/03/2013 57 51,753 -6,983


PSU Greenan, Rebecca 5 05/03/2014 56 7.08 86,534 34,781


PSU Greenan, Rebecca 5 10/03/2014 57 82,379 -4,155


RSU Greenan, Rebecca 5 13/08/2012 00


RSU Greenan, Rebecca 5 13/08/2012 00 12,346


RSU Greenan, Rebecca 5 05/03/2014 56 7.08 79,675 34,781


RSU Greenan, Rebecca 5 10/03/2014 57 78,290 -1,385


Common Shares Kerr, Frederic Douglas 5 31/12/2013 30 5.58 15,227 7,756


PSU Kerr, Frederic Douglas 5 05/03/2014 56 7.08 65,220 22,839


RSU Kerr, Frederic Douglas 5 18/03/2013 57 -4,680


RSU Kerr, Frederic Douglas 5 18/03/2013 57 37,966 -4,416


RSU Kerr, Frederic Douglas 5 05/03/2014 56 7.08 60,805 22,839


Common Shares McDougall, Marlon John 5 31/12/2013 30 5.37 100,446 21,124

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2979



Acquired/ Disposed




Common Shares McDougall, Marlon John 5 10/03/2014 10 6.9277 100,446 -15,678


Common Shares McDougall, Marlon John 5 10/03/2014 10 6.9277 -15,678


Common Shares McDougall, Marlon John 5 10/03/2014 10 6.9277 89,994 -10,452




PSU McDougall, Marlon John 5 05/03/2014 56 7.08 284,780 100,282


PSU McDougall, Marlon John 5 10/03/2014 57 259,499 -25,281


RSU McDougall, Marlon John 5 16/03/2012 36 -8,774


RSU McDougall, Marlon John 5 16/03/2012 57 -8,774


RSU McDougall, Marlon John 5 16/03/2012 57 19,323 -5,958


RSU McDougall, Marlon John 5 05/03/2014 56 7.08 281,296 100,282


RSU McDougall, Marlon John 5 10/03/2014 57 272,869 -8,427


Common Shares Orton, Deric 5 31/12/2013 30 5.5 16,692 8,053


PSU Orton, Deric 5 05/03/2014 56 7.08 95,850 34,428


RSU Orton, Deric 5 18/03/2013 57 -7,863


RSU Orton, Deric 5 18/03/2013 57 53,913 -7,508


RSU Orton, Deric 5 05/03/2014 56 7.08 88,341 34,428


Common Shares Rosine, Bob 5 31/12/2012 30 6.79 4,688


Common Shares Rosine, Bob 5 31/12/2012 30 6.79 55,415 2,000




Common Shares Rosine, Bob 5 10/03/2014 10 6.9277 100,065 -4,497




Common Shares Rosine, Bob 5 10/03/2014 10 6.9277 104,680 -3,023


Common Shares Rosine, Bob 5 12/04/2013 10 5.06 2,000




PSU Rosine, Bob 5 10/03/2013 57 -11,140


PSU Rosine, Bob 5 10/03/2013 57 138,623 -17,835


PSU Rosine, Bob 5 05/03/2014 56 7.08 216,730 78,107


PSU Rosine, Bob 5 10/03/2014 57 198,917 -17,813


RSU Rosine, Bob 5 18/03/2013 57 -12,245


RSU Rosine, Bob 5 18/03/2013 57 115,601 -6,558


RSU Rosine, Bob 5 05/03/2014 56 7.08 193,708 78,107


RSU Rosine, Bob 5 10/03/2014 57 187,770 -5,938

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2980



Acquired/ Disposed


Common Shares Webster, Christopher Geoffrey

5 31/12/2013 30 6.54 330,633 2,404



5 10/03/2014 57 6.9917 345,650 15,017



5 10/03/2014 57 6.9917 355,745 10,095


PSU Webster, Christopher Geoffrey

5 10/03/2013 57 -16,380



5 10/03/2013 57 167,662 -26,224



5 05/03/2014 56 7.08 256,645 88,983



5 10/03/2014 57 233,101 -23,544


RSU Webster, Christopher Geoffrey

5 16/03/2012 36 10.09 -18,361



5 16/03/2012 57 10.09 -18,361



5 16/03/2012 57 10.09 29,173 -11,198



5 05/03/2014 56 7.08 252,322 88,983



5 10/03/2014 57 244,474 -7,848

Penn West Petroleum Ltd. Common Shares Brookman, George Homer 4 10/03/2014 10 9.64 15,500 1,000 Penn West Petroleum Ltd. Deferred Share Unit Brookman, George Homer 4 31/12/2013 30 11.06 6,358 5,031 Penn West Petroleum Ltd. Deferred Share Unit Denham, Gillian 4 31/12/2013 30 11.02 5,997 5,295 Penn West Petroleum Ltd. Deferred Share Unit George, Richard Lee 4 03/05/2013 00 Penn West Petroleum Ltd. Deferred Share Unit George, Richard Lee 4 31/12/2013 30 11.16 19,275 19,275 Penn West Petroleum Ltd. Deferred Share Unit Gilbert, Daryl Harvey 4 31/12/2013 30 10.98 11,324 6,030 Penn West Petroleum Ltd. Common Shares Horvat, Anthony Blaine 5 06/03/2014 00 7,893 Penn West Petroleum Ltd. Common Shares Horvat, Anthony Blaine 5 06/03/2014 00 6,905 Penn West Petroleum Ltd. Common Shares Horvat, Anthony Blaine 5 06/03/2014 00 87 Penn West Petroleum Ltd. Incentive Award (Cash

Based - LTRIP) Horvat, Anthony Blaine 5 06/03/2014 00 1,047

Penn West Petroleum Ltd. Options Horvat, Anthony Blaine 5 06/03/2014 00 131,000 Penn West Petroleum Ltd. Performance Share Unit

("PSU") Horvat, Anthony Blaine 5 06/03/2014 00 21,484

Penn West Petroleum Ltd. Restricted Share Rights Horvat, Anthony Blaine 5 06/03/2014 00 40,000 Penn West Petroleum Ltd. Deferred Share Unit Potter, Frank 4 31/12/2013 30 10.95 12,366 6,408 Penn West Petroleum Ltd. Deferred Share Unit Schanck, Jack 4 31/12/2013 30 10.99 11,368 6,074 Penn West Petroleum Ltd. Deferred Share Unit Thornton, Jay 4 05/06/2013 00 Penn West Petroleum Ltd. Deferred Share Unit Thornton, Jay 4 31/12/2013 30 11.45 2,521 2,521 People Corporation Common Shares Chwartacki, Bonnie 5 11/03/2014 10 1.61 477,564 1,500 People Corporation Common Shares Chwartacki, Bonnie 5 12/03/2014 10 1.61 477,664 100 People Corporation Common Shares McFerran, John Ronald 3 13/03/2014 10 1.75 2,341,747 -40,000 Pethealth Inc. Common Shares Pethealth Inc. 1 03/02/2014 38 1.75 445,812 2,200 Pethealth Inc. Common Shares Pethealth Inc. 1 04/02/2014 38 1.81 452,112 6,300 Pethealth Inc. Common Shares Pethealth Inc. 1 06/02/2014 38 1.82 458,412 6,300 Pethealth Inc. Common Shares Pethealth Inc. 1 07/02/2014 38 1.8 459,112 700 Pethealth Inc. Common Shares Pethealth Inc. 1 10/02/2014 38 1.8532 465,412 6,300 Pethealth Inc. Common Shares Pethealth Inc. 1 28/02/2014 38 0 -465,412 Petrolympic Ltd. Common Shares Szweras, Adam Kelley 5 07/03/2014 10 0.0195 34,364 -22,500 Peyto Exploration & Development Corp.

Common Shares Chetner, Stephen Jonathan 4 12/03/2014 10 34.75 49,998 1,200

Peyto Exploration & Development Corp.

Common Shares Davis, Brian 4 11/03/2014 10 35.2 171,340 1,000


Common Shares Gray, Don 4 13/03/2014 10 35.38 3,023,483 2,500


Common Shares Robinson, Scott 5 07/03/2014 10 35.5 460,767 -5,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2981



Acquired/ Disposed

PHX Energy Services Corp. Retention Awards (Cash-based Only)

Athaide, Judith 4 08/03/2014 58 - Expiration

of rights

13.57 21,737 -3,000


Bailey, James Cameron 4 08/03/2014 58 - Expiration

of rights

13.57 8,890 -1,000


Brown, Craig 5 06/03/2014 56 52,738 18,944

PHX Energy Services Corp. Options Buker, Michael Leslie 5 07/03/2014 51 322,700 -5,000 PHX Energy Services Corp. Retention Awards (Cash-

based Only) Buker, Michael Leslie 5 06/03/2014 56 69,965 18,944


Charron, Randolph M 4 08/03/2014 58 - Expiration

of rights

13.57 8,000 -1,000


Hibbard, Lawrence M. 4 08/03/2014 58 - Expiration

of rights

13.57 19,394 -3,000


Hooks, John Michael 5 06/03/2014 56 116,199 36,068


Ritchie, Cameron Michael 5 06/03/2014 56 61,245 18,944


Ritchie, Cameron Michael 5 10/03/2014 57 13.57 56,617 -4,628


Ritchie, Cameron Michael 5 10/03/2014 57 13.57 -3,754


Ritchie, Cameron Michael 5 10/03/2014 57 13.57 52,863 -3,754


Tetreault, Myron Arthur 4 08/03/2014 58 - Expiration

of rights

13.57 22,485 -1,000

Pilot Gold Inc. Common Shares O'Dea, Mark Gerard 4 05/03/2014 10 1.61 1,176,639 4,000 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.1706 -8,500 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.16 -28,000 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.15 635,370 -10,000 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.16 634,870 -500 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.16 625,370 -9,500 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.19 622,370 -3,000 Pioneering Technology Corp. Common Shares Comber, Peter Laird 4 12/03/2014 10 0.16 617,370 -5,000 Pivot Technology Solutions, Inc. (formerly Acme Capital Corporation)

Common Shares Stuve, Douglas Murray 4 04/11/2013 10 0.13 -1,250 -3,750

Plata Latina Minerals Corporation

Common Shares Clarke, Mike 3, 4, 5 11/03/2014 10 0.18 9,501,000 1,000

Plaza Retail REIT Trust Units Holt, Alexander James 5 10/03/2014 10 4.0958 3,206 360 Plaza Retail REIT Trust Units Penney, Stephen 5 17/02/2014 30 3.9353 2,054 20 Plaza Retail REIT Trust Units Penney, Stephen 5 07/03/2014 10 4.15 3,454 1,400 Plaza Retail REIT Trust Units Zakuta, Michael Aaron 3, 4, 5 11/03/2014 10 4.13 7,244,349 15,000 Plaza Retail REIT Trust Units Zakuta, Michael Aaron 3, 4, 5 13/03/2014 10 4.13 7,254,349 10,000 PNO Resources Ltd. Common Shares Giustra, Frank 3 06/03/2014 10 0.1702 965,400 -209,500 PNO Resources Ltd. Common Shares Giustra, Frank 3 12/03/2014 10 0.1438 671,500 -293,900 POET Technologies Inc. Common Shares Inwentash, Sheldon 6 10/03/2014 10 1.29 9,007,785 7,400 POET Technologies Inc. Common Shares Inwentash, Sheldon 6 11/03/2014 10 1.4129 9,107,785 100,000 POET Technologies Inc. Common Shares Inwentash, Sheldon 6 12/03/2014 10 1.4492 9,300,785 193,000 POET Technologies Inc. Common Shares Inwentash, Sheldon 6 13/03/2014 10 1.4367 9,375,785 75,000 POET Technologies Inc. Common Shares Pinetree Capital Ltd. 3 10/03/2014 10 1.29 9,007,785 7,400 POET Technologies Inc. Common Shares Pinetree Capital Ltd. 3 11/03/2014 10 1.4129 9,107,785 100,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2982



Acquired/ Disposed

POET Technologies Inc. Common Shares Pinetree Capital Ltd. 3 12/03/2014 10 1.4492 9,300,785 193,000 POET Technologies Inc. Common Shares Pinetree Capital Ltd. 3 13/03/2014 10 1.4367 9,375,785 75,000 Points International Ltd. Common Shares Barnard, Christopher 5 10/03/2014 51 4.6 164,519 8,536 Points International Ltd. Options ESOP Barnard, Christopher 5 10/03/2014 51 68,772 -10,000 Points International Ltd. Common Shares Carty, Douglas 4 10/03/2014 51 4.6 41,993 8,493 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.31 41,893 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.32 41,793 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.31 41,693 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.3 41,293 -400 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.3 40,823 -470 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.26 40,723 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.25 40,623 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.25 40,223 -400 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.25 40,123 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.26 40,023 -100 Points International Ltd. Common Shares Carty, Douglas 4 13/03/2014 10 27.25 39,973 -50 Points International Ltd. Options ESOP Carty, Douglas 4 10/03/2014 51 28,233 -9,950 Points International Ltd. Common Shares Croxon, David Bruce 4 10/03/2014 51 4.6 14,938 6,417 Points International Ltd. Options ESOP Croxon, David Bruce 4 10/03/2014 51 11,759 -6,417 Points International Ltd. Common Shares Malowney, Jay B. 5 03/03/2014 00 4,740 Points International Ltd. Common Shares Malowney, Jay B. 5 10/03/2014 10 28 6,740 2,000 Points International Ltd. Common Shares Malowney, Jay B. 5 11/03/2014 10 28.1 8,740 2,000 Points International Ltd. Common Shares Malowney, Jay B. 5 11/03/2014 10 27.7 10,740 2,000 Pollard Banknote Limited Options Rose, Robert William 5 18/05/2010 00 Pollard Banknote Limited Options Rose, Robert William 5 10/03/2014 50 25,000 25,000 Pollard Banknote Limited Options Westbury, Jennifer Doris 5 18/05/2010 00 Pollard Banknote Limited Options Westbury, Jennifer Doris 5 10/03/2014 50 25,000 25,000 Precious Metals Bullion Trust Units Precious Metals Bullion

Trust 1 05/02/2014 38 11.85 3,000 3,000

Precious Metals Bullion Trust Units Precious Metals Bullion Trust

1 05/02/2014 38 11.85 0 -3,000


1 12/02/2014 38 12.08 1,100 1,100


1 12/02/2014 38 12.08 0 -1,100


1 19/02/2014 38 12.48 100 100


1 19/02/2014 38 12.48 0 -100

Pretium Resources Inc. Options Currie, James Alexander 5 10/03/2014 00 Pretium Resources Inc. Options Currie, James Alexander 5 10/03/2014 50 7.26 350,000 350,000 Primero Mining Corp. Rights Phantom Share

Units Luna, Eduardo 4 06/03/2014 59 35,264 -16,666

Progressive Waste Solutions Ltd.(formerly IESI-BFC Ltd.)

Common Shares Dillon, John T 4 10/03/2014 10 27.97 11,735 804


Common Shares Forese, James John 4 10/03/2014 10 27.97 15,150 1,184


Common Shares KEEFER, JEFFREY 4 10/03/2014 10 27.97 6,714 804


Common Shares Knight, Douglas 4 10/03/2014 10 27.97 18,753 804


Common Shares Milliard, Daniel 4 10/03/2014 10 27.97 18,747 804

ProMetic Life Sciences Inc. Common Shares Laurin, Pierre 4, 5 06/03/2014 10 1.61 8,900,014 -2,050,000 Prophecy Coal Corp. Options Baz, Chuluubaatar 4 21/02/2014 11 -1,400,000 Prophecy Coal Corp. Options Baz, Chuluubaatar 4 21/02/2014 38 1,800,000 -1,400,000 Pulse Seismic Inc. Common Shares Corbett, Daphne Elizabeth 4 31/03/2013 57 3.13 2,647 Pulse Seismic Inc. Common Shares Corbett, Daphne Elizabeth 4 31/03/2013 57 3.13 49,370 3,037 Pulse Seismic Inc. Rights Restriced Share

Unit Corbett, Daphne Elizabeth 4 31/03/2013 57 3.13 -2,647

Pulse Seismic Inc. Rights Restriced Share Unit

Corbett, Daphne Elizabeth 4 31/03/2013 57 3.13 -2,647

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2983



Acquired/ Disposed

Pulse Seismic Inc. Rights Restriced Share Unit

Corbett, Daphne Elizabeth 4 31/03/2013 57 3.13 4,669 -3,037

Puma Exploration Inc. Common Shares Gagné, Dominique 4 28/02/2014 90 0.185 32,923 -20,555 Puma Exploration Inc. Common Shares Gagné, Dominique 4 28/02/2014 90 0.185 36,055 20,555 Pure Technologies Ltd. Common Shares WRIGGLESWORTH,

MICHAEL ROBERT 5 14/03/2014 30 7.099 131,372 1,510

Pure Technologies Ltd. Common Shares WRIGGLESWORTH, MICHAEL ROBERT

5 14/03/2014 30 7.11 131,404 32

Quebecor Inc. Unité d'action différée Bertrand, Françoise 4 31/12/2013 56 37,511 6,657 Quebecor Inc. Rights Dépatie, Robert 5 12/03/2014 56 1,267,026 633,652 Quebecor Inc. Unité d'action différée La Couture, Jean 4 31/12/2013 56 24,845 1,689 Quebecor Inc. Unité d'action différée LALANDE, Sylvie 4 31/12/2013 56 10,817 3,423 Quebecor Inc. Unité d'action différée Laurin, Pierre 4 31/12/2013 56 23,610 1,300 Quebecor Inc. Unité d'action différée Lavigne, A. Michel 4 08/05/2013 00 Quebecor Inc. Unité d'action différée Lavigne, A. Michel 4 31/12/2013 56 592 592 Quebecor Inc. Unité d'action différée Marcon, Geneviève 4 31/12/2013 56 5,465 3,061 Quebecor Inc. Unité d'action différée Mulroney, Brian 4, 5 31/12/2013 56 62,372 4,670 Quebecor Inc. Rights Péladeau, Pierre Karl 4, 6, 5 12/03/2014 59 1,101,272 -480,148 Quebecor Inc. Rights Péladeau, Pierre Karl 4, 6, 5 12/03/2014 58 - Expiration

of rights 0 -1,101,272

Quebecor Inc. Unité d'action différée Péladeau, Pierre Karl 4, 6, 5 31/12/2013 35 13,004 54 Quebecor Inc. Rights Pruneau, Jean-François 5 12/03/2014 56 103,557 54,835 Quia Resources Inc. Common Shares Szweras, Adam Kelley 4, 5 12/03/2014 10 0.005 13,403,062 20,000 RBC Capital Trust Special Trust Securities,

Series 1 Royal Bank of Canada 3 05/03/2014 16 1000 1,325,000 500,000

REIT INDEXPLUS Income Fund

Trust Units REIT INDEXPLUS Income Fund

1 07/03/2014 38 11.5 6,553,296 500

REIT INDEXPLUS Income Fund

Trust Units REIT INDEXPLUS Income Fund

1 10/03/2014 38 11.6 6,554,796 1,500

Relentless Resources Ltd. Options Thomson, Hugh McKenzie 5 11/02/2014 50 0.19 334,290 214,290 Richelieu Hardware Ltd. Common Shares Auclair, Antoine 5 26/02/2014 35 46.728 3 Richelieu Hardware Ltd. Common Shares Auclair, Antoine 5 26/02/2014 35 46.728 1,146 3 Richelieu Hardware Ltd. Common Shares Auclair, Antoine 5 11/03/2014 30 48.645 1,181 35 Richelieu Hardware Ltd. Common Shares Dion, Christian 5 11/03/2014 30 48.645 2,695 8 Richelieu Hardware Ltd. Common Shares Grenier, Guy 5 11/03/2014 30 48.645 29,820 49 Richelieu Hardware Ltd. Common Shares Lord, Richard 4, 5 11/03/2014 30 48.645 1,399,198 39 Richelieu Hardware Ltd. Common Shares Quevillon, Geneviève 5 11/03/2014 30 48.645 1,402 15 RIOCAN REAL ESTATE INVESTMENT TRUST

Options Sonshine, Edward 4, 5 28/02/2014 51 21.26 -200,000

RIOCAN REAL ESTATE INVESTMENT TRUST

Options Sonshine, Edward 4, 5 03/03/2014 51 21.26 3,143,550 -200,000


Trust Units Sonshine, Edward 4, 5 28/02/2014 51 21.26 200,000


Trust Units Sonshine, Edward 4, 5 03/03/2014 51 21.26 97,180 200,000


Restricted Equity Units (REUs)

Vanneste, Luc Andre 4 31/12/2013 30 97


Restricted Equity Units (REUs)

Vanneste, Luc Andre 4 31/12/2013 30 4,098 98

Ritchie Bros. Auctioneers Incorporated

Common Shares Armstrong, Robert Spencer 5 31/12/2013 30 20.422 68,487 1,773


Options Armstrong, Robert Spencer 5 11/03/2014 59 22.454 173,500 -19,600


Options Armstrong, Robert Spencer 5 11/03/2014 50 22.46 196,224 22,724



Armstrong, Robert Spencer 5 11/03/2014 56 22.62 14,746 6,992


Rights Restricted Share Units







Armstrong, Robert Spencer 5 14/03/2014 59 22.59 16,611 -3,951

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2984



Acquired/ Disposed


Common Shares Blake, Peter James 4 31/12/2013 30 20.34 149,977 3,369


Options Blake, Peter James 4 11/03/2014 50 22.46 548,529 33,329



Blake, Peter James 4 14/03/2014 59 22.59 11,265 -5,795


Rights Deferred Share Units

Briscoe, Beverley Anne 4 11/03/2014 56 22.62 6,041 3,316


Common Shares Cooksley, William Allen 5 31/12/2013 30 20.318 23,004 832


Options Cooksley, William Allen 5 11/03/2014 50 22.46 50,694 7,394



Cooksley, William Allen 5 07/02/2008 00



Cooksley, William Allen 5 11/03/2014 56 22.62 2,275 2,275



Cooksley, William Allen 5 11/03/2014 56 22.62 7,000 2,275



Cooksley, William Allen 5 11/03/2014 56 22.62 7,788 788



Cooksley, William Allen 5 14/03/2014 59 22.59 6,183 -1,605



Elton, Robert George 4 11/03/2014 56 22.62 4,470 2,653


Common Shares Hinkelman, Curt 5 31/12/2013 30 20.283 69,021 1,053


Options Hinkelman, Curt 5 11/03/2014 50 22.46 163,229 9,579



Hinkelman, Curt 5 11/03/2014 56 22.62 5,975 2,947



Hinkelman, Curt 5 11/03/2014 56 22.62 7,488 2,947



Hinkelman, Curt 5 11/03/2014 56 22.62 8,245 757



Hinkelman, Curt 5 14/03/2014 59 22.59 6,702 -1,543


Common Shares Johnston, Michael D. 5 31/12/2013 30 20.311 15,719 1,040


Options Johnston, Michael D. 5 11/03/2014 50 22.46 62,979 9,579



Johnston, Michael D. 5 11/03/2014 56 22.62 5,793 2,947



Johnston, Michael D. 5 11/03/2014 56 22.62 7,216 2,947



Johnston, Michael D. 5 11/03/2014 56 22.62 7,927 711



Johnston, Michael D. 5 14/03/2014 59 22.59 6,477 -1,450


Common Shares Low, Kenton 5 31/12/2013 30 20.266 6,251 537


Common Shares Low, Kenton 5 07/03/2014 10 22.289 7,899 1,648


Options Low, Kenton 5 11/03/2014 50 22.46 39,972 11,272



Low, Kenton 5 11/03/2014 56 22.62 7,314 3,468



Low, Kenton 5 11/03/2014 56 22.62 9,238 3,468



Low, Kenton 5 11/03/2014 56 22.62 10,200 962



Low, Kenton 5 14/03/2014 59 22.59 8,240 -1,960


Common Shares Mcleod, Robert Alastair 5 31/12/2013 30 20.342 19,668 1,536


Options Mcleod, Robert Alastair 5 11/03/2014 50 22.46 91,881 15,781

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2985



Acquired/ Disposed



Mcleod, Robert Alastair 5 11/03/2014 56 22.62 10,241 4,856









Mcleod, Robert Alastair 5 14/03/2014 59 22.59 11,535 -2,744


Common Shares Muller, Andrew 5 31/12/2013 30 20.148 7,962 835


Options Muller, Andrew 5 11/03/2014 50 22.46 80,630 15,781



Muller, Andrew 5 11/03/2014 56 22.62 9,010 4,856



Muller, Andrew 5 11/03/2014 56 22.62 11,087 4,856



Muller, Andrew 5 11/03/2014 56 22.62 12,126 1,039



Muller, Andrew 5 14/03/2014 59 22.59 10,009 -2,117



Murdoch, Robert W 4 11/03/2014 56 22.62 12,906 6,366


Common Shares Nicholson, David Dean 5 31/12/2013 30 20.307 52,823 1,268


Options Nicholson, David Dean 5 11/03/2014 50 22.46 157,162 9,962



Nicholson, David Dean 5 11/03/2014 56 22.62 6,214 3,065



Nicholson, David Dean 5 11/03/2014 56 22.62 7,788 3,065



Nicholson, David Dean 5 11/03/2014 56 22.62 8,575 787



Nicholson, David Dean 5 14/03/2014 59 22.59 6,971 -1,604



Olsson, Erik 4 01/06/2013 00



Olsson, Erik 4 11/03/2014 56 22.62 1,547 1,547



Patel, Eric 4 11/03/2014 56 22.62 5,378 2,653


Common Shares Piekaar, Oliver 5 31/12/2013 30 20.27 3,181 559


Options Piekaar, Oliver 5 11/03/2014 50 22.46 12,828 4,328



Piekaar, Oliver 5 11/03/2014 56 22.62 3,548 1,332



Piekaar, Oliver 5 11/03/2014 56 22.62 3,917 369



Piekaar, Oliver 5 14/03/2014 59 22.59 3,164 -753



Pitoniak, Edward Baltazar 4 11/03/2014 56 22.62 5,378 2,653


Common Shares Pospiech, Victor 5 31/12/2013 30 20.263 52,669 753


Options Pospiech, Victor 5 11/03/2014 50 22.46 87,553 6,853



Pospiech, Victor 5 11/03/2014 56 22.62 4,448 2,109



Pospiech, Victor 5 11/03/2014 56 22.62 5,617 2,109



Pospiech, Victor 5 11/03/2014 56 22.62 6,202 585



Pospiech, Victor 5 14/03/2014 59 22.59 5,010 -1,192


Common Shares Rijk, Jeroen 5 31/12/2013 30 20.326 23,107 822

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2986



Acquired/ Disposed


Options Rijk, Jeroen 5 11/03/2014 50 22.46 81,408 11,058



Rijk, Jeroen 5 11/03/2014 56 22.62 6,802 3,403



Rijk, Jeroen 5 11/03/2014 56 22.62 8,502 3,403



Rijk, Jeroen 5 11/03/2014 56 22.62 9,352 850



Rijk, Jeroen 5 14/03/2014 59 22.59 7,620 -1,732


Options Sgro, Anna 5 11/03/2014 50 22.46 34,111 7,575



Sgro, Anna 5 11/03/2014 56 22.62 5,470 2,331



Sgro, Anna 5 11/03/2014 56 22.62 7,039 2,331



Sgro, Anna 5 11/03/2014 56 22.62 7,824 785



Sgro, Anna 5 14/03/2014 59 22.59 6,225 -1,599


Common Shares Simpson, Steve 5 07/03/2014 10 22.289 45,489 4,121


Options Simpson, Steve 5 11/03/2014 50 22.46 154,790 27,490



Simpson, Steve 5 11/03/2014 56 22.62 17,290 8,459



Simpson, Steve 5 11/03/2014 56 22.62 21,706 8,459



Simpson, Steve 5 11/03/2014 56 22.62 23,914 2,208



Simpson, Steve 5 14/03/2014 59 22.59 19,414 -4,500


Common Shares Tink, Kevin 5 31/12/2013 30 20.369 54,386 1,253


Options Tink, Kevin 5 11/03/2014 50 22.46 145,269 9,919



Tink, Kevin 5 11/03/2014 56 22.62 6,437 3,052



Tink, Kevin 5 11/03/2014 56 22.62 8,129 3,052



Tink, Kevin 5 11/03/2014 56 22.62 8,975 846



Tink, Kevin 5 14/03/2014 59 22.59 7,250 -1,725


Common Shares Wall, Randall James 5 31/12/2013 30 21.612 85,413 81


Common Shares Wall, Randall James 5 07/03/2014 10 24.756 35,413 -50,000


Options Wall, Randall James 5 02/10/2013 00


Options Wall, Randall James 5 11/03/2014 50 22.46 7,575 7,575



Wall, Randall James 5 02/10/2013 00



Wall, Randall James 5 11/03/2014 56 22.62 2,331 2,331



Wall, Randall James 5 02/10/2013 00



Wall, Randall James 5 11/03/2014 56 22.62 2,331 2,331


Common Shares Watt, Darren 5 31/12/2013 30 20.256 1,697 519


Common Shares Watt, Darren 5 07/03/2014 10 22.289 2,521 824


Common Shares Watt, Darren 5 11/03/2014 30 22.24 2,394 -127

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2987



Acquired/ Disposed


Options Watt, Darren 5 11/03/2014 50 22.46 16,799 4,599



Watt, Darren 5 11/03/2014 56 22.62 3,769 1,415



Watt, Darren 5 11/03/2014 56 22.62 392



Watt, Darren 5 11/03/2014 56 22.62 4,161 392



Watt, Darren 5 14/03/2014 59 22.59 3,361 -800


Common Shares Werner, Karl William 5 31/12/2013 30 20.313 33,082 1,058


Options Werner, Karl William 5 11/03/2014 50 22.46 78,584 16,284



Werner, Karl William 5 11/03/2014 56 22.62 8,038 5,010



Werner, Karl William 5 11/03/2014 56 22.62 9,551 5,010



Werner, Karl William 5 11/03/2014 56 22.62 10,308 757



Werner, Karl William 5 14/03/2014 59 22.59 8,765 -1,543



Zimmerman, Christopher 4 11/03/2014 56 22.62 5,378 2,653

Riverside Resources Inc. Options Clare, James 4 08/09/2011 50 0.94 50,000 Riverside Resources Inc. Options Clare, James 4 08/09/2011 50 0.5 250,000 50,000 Riverside Resources Inc. Options Dare, Jeffrey 5 06/01/2011 50 0.98 25,000 Riverside Resources Inc. Options Dare, Jeffrey 5 06/01/2011 50 0.5 65,000 25,000 Riverside Resources Inc. Options Dare, Jeffrey 5 08/09/2011 50 0.94 25,000 Riverside Resources Inc. Options Dare, Jeffrey 5 08/09/2011 50 0.5 90,000 25,000 Riverside Resources Inc. Options Doggett, Michael David 4 06/01/2011 50 0.98 75,000 Riverside Resources Inc. Options Doggett, Michael David 4 06/01/2011 50 0.5 170,000 75,000 Riverside Resources Inc. Options Doggett, Michael David 4 08/09/2011 50 0.94 50,000 Riverside Resources Inc. Options Doggett, Michael David 4 08/09/2011 50 0.5 220,000 50,000 Riverside Resources Inc. Options Groves, Brian John 4 06/01/2011 50 0.98 75,000 Riverside Resources Inc. Options Groves, Brian John 4 06/01/2011 50 0.5 250,000 75,000 Riverside Resources Inc. Options Groves, Brian John 4 08/09/2011 50 0.94 50,000 Riverside Resources Inc. Options Groves, Brian John 4 08/09/2011 50 0.5 300,000 50,000 Riverside Resources Inc. Options Lee, William 4 27/02/2014 50 0.5 275,000 75,000 Riverside Resources Inc. Options Lee, William 4 27/02/2014 52 0.94 200,000 -75,000 Riverside Resources Inc. Options Lee, William 4 27/02/2014 50 0.5 275,000 75,000 Riverside Resources Inc. Options Scott, Robert James 5 06/01/2011 50 0.98 150,000 Riverside Resources Inc. Options Scott, Robert James 5 06/01/2011 50 0.5 375,000 150,000 Riverside Resources Inc. Options Scott, Robert James 5 08/09/2011 50 0.94 100,000 Riverside Resources Inc. Options Scott, Robert James 5 08/09/2011 50 0.5 475,000 100,000 Riverside Resources Inc. Options Staude, John-Mark Gardner 5 06/01/2011 50 0.98 250,000 Riverside Resources Inc. Options Staude, John-Mark Gardner 5 06/01/2011 50 0.5 575,000 250,000 Riverside Resources Inc. Options Staude, John-Mark Gardner 5 08/09/2011 50 0.94 150,000 Riverside Resources Inc. Options Staude, John-Mark Gardner 5 08/09/2011 50 0.5 725,000 150,000 Robix Alternative Fuels, Inc. Common Shares Edwards, David 4 13/03/2014 10 0.3 103,490 16,500 Rockefeller Hughes Corporation

Common Shares Arandjelovic, Zoran 3, 4, 5 10/03/2014 00 480,000

Rockefeller Hughes Corporation

Common Shares Arandjelovic, Zoran 3, 4, 5 10/03/2014 00 3,475,000


Common Shares Arandjelovic, Zoran 3, 4, 5 10/03/2014 15 0.18 6,225,000 2,750,000







Insider Reporting

March 20, 2014

(2014), 37 OSCB 2988



Acquired/ Disposed




Common Shares Arandjelovic, Zoran 3, 4, 5 10/03/2014 15 0.18 11,955,100 2,750,000








Options Arandjelovic, Zoran 3, 4, 5 10/03/2014 00 3,161,568


Warrants Arandjelovic, Zoran 3, 4, 5 10/03/2014 00 480,000


Warrants Arandjelovic, Zoran 3, 4, 5 10/03/2014 00


Warrants Arandjelovic, Zoran 3, 4, 5 10/03/2014 15 2,750,000 2,750,000




Warrants Arandjelovic, Zoran 3, 4, 5 10/03/2014 00 1,400,000


Warrants Arandjelovic, Zoran 3, 4, 5 10/03/2014 15 4,150,000 2,750,000






Warrants Arandjelovic, Zoran 3, 4, 5 10/03/2014 00 1,100,000










Options Gilliard, Edward James 5 10/03/2014 00 65,000


Options White, Vance 4 10/03/2014 00 25,000

Rockex Mining Corporation (formerly Enviropave International Ltd.)

Common Shares Gagne, Pierre 4 06/03/2014 10 11.5 38,382,950 10,000

Rockland Minerals Corp. Common Shares MacQuarrie, Douglas Richard

3 13/03/2014 10 0.035 1,827,000 78,000

Rockland Minerals Corp. Common Shares Mlait, Ravinder 4, 5 11/03/2014 10 1,443,500 2,000 Rockland Minerals Corp. Common Shares Mlait, Ravinder 4, 5 13/03/2014 10 1,445,500 2,000 Romarco Minerals Inc Common Shares van Doorn, Robert 4 10/03/2014 51 0.65 1,030,000 250,000 Romarco Minerals Inc Options van Doorn, Robert 4 12/07/2012 52 772,167 -92,000 Romarco Minerals Inc Options van Doorn, Robert 4 10/03/2014 51 0.65 702,167 -250,000 Royal Host Inc. Convertible Debentures

5.90% unsecured subordinated, Series D, due June 30, 2014

Royal Host Inc. 1 28/02/2014 38 90.75 -$7,000 -$14,000

Royal Host Inc. Convertible Debentures 5.90% unsecured subordinated, Series D, due June 30, 2014

Royal Host Inc. 1 28/02/2014 38 91 $0 $7,000

Royal Host Inc. Convertible Debentures 6.00% unsecured subordinated, Series B, due October 31, 2015

Royal Host Inc. 1 28/02/2014 38 91 $0 -$9,000

Royal Nickel Corporation Common Shares Mitchelson, Tyler Scott 4 07/03/2014 38 0.4 385,000 200,000 Royal Nickel Corporation Rights Restricted Share

Units Mitchelson, Tyler Scott 4 07/03/2014 38 0 -972,106

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2989



Acquired/ Disposed

Rubicon Minerals Corporation

Common Shares Labine, Daniel Albert 5 21/01/2013 00


Common Shares Labine, Daniel Albert 5 12/03/2014 15 1.49 25,000 25,000


Units Labine, Daniel Albert 5 21/01/2013 00


Units Labine, Daniel Albert 5 12/03/2014 15 1.55 25,000 25,000


Units Labine, Daniel Albert 5 12/03/2014 36 25,000


Units Labine, Daniel Albert 5 12/03/2014 36 0 -25,000


Warrants Labine, Daniel Albert 5 21/01/2013 00


Warrants Labine, Daniel Albert 5 12/03/2014 15 0.12 12,500 12,500


Common Shares Lalonde, Michael Anthony 5 12/03/2014 15 1.49 220,000 100,000


Units Lalonde, Michael Anthony 5 01/06/2012 00


Units Lalonde, Michael Anthony 5 12/03/2014 15 1.55 100,000 100,000


Units Lalonde, Michael Anthony 5 12/03/2014 36 0 -100,000


Warrants Lalonde, Michael Anthony 5 01/06/2012 00


Warrants Lalonde, Michael Anthony 5 12/03/2014 15 0.12 50,000 50,000


Common Shares Reid, David Robert 4 12/03/2014 15 1.49 181,700 25,800


Units Reid, David Robert 4 22/08/2002 00


Units Reid, David Robert 4 22/08/2002 00


Units Reid, David Robert 4 12/03/2014 36 -25,800


Units Reid, David Robert 4 12/03/2014 36 -25,800


Units Reid, David Robert 4 12/03/2014 15 1.55 25,800 25,800


Units Reid, David Robert 4 12/03/2014 36 0 -25,800


Warrants Reid, David Robert 4 22/08/2002 00


Warrants Reid, David Robert 4 12/03/2014 15 0.12 12,900 12,900


Common Shares Rowlandson, Peter 4 12/03/2014 15 1.49 9,000 5,000


Units Rowlandson, Peter 4 30/07/2012 00


Units Rowlandson, Peter 4 12/03/2014 15 1.55 5,000 5,000


Units Rowlandson, Peter 4 12/03/2014 36 0 -5,000


Warrants Rowlandson, Peter 4 30/07/2012 00


Warrants Rowlandson, Peter 4 12/03/2014 15 0.12 2,500 2,500


Common Shares Thomas, Bruce, Alexander 4 12/03/2014 15 1.49 250,000 50,000


Units Thomas, Bruce, Alexander 4 13/07/2009 00


Units Thomas, Bruce, Alexander 4 12/03/2014 15 1.55 50,000 50,000


Units Thomas, Bruce, Alexander 4 12/03/2014 36 0 -50,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2990



Acquired/ Disposed


Warrants Thomas, Bruce, Alexander 4 13/07/2009 00


Warrants Thomas, Bruce, Alexander 4 12/03/2014 15 0.12 25,000 25,000


Common Shares Winship, Michael David 4 12/03/2014 15 1.49 17,500 10,000


Units Winship, Michael David 4 07/09/2011 00


Units Winship, Michael David 4 12/03/2014 15 1.55 10,000 10,000


Units Winship, Michael David 4 12/03/2014 36 0 -10,000


Warrants Winship, Michael David 4 07/09/2011 00


Warrants Winship, Michael David 4 12/03/2014 15 0.12 5,000 5,000

Rusoro Mining Ltd. Common Shares Hediger, Peter 4 10/03/2014 10 0.03 28,087,600 30,000 Rusoro Mining Ltd. Common Shares Hediger, Peter 4 14/03/2014 10 0.03 31,549,600 3,462,000 Russel Metals Inc. Common Shares Britton, Marion Eleanor 5 31/12/2013 30 27.6 83,926 1,989 Russel Metals Inc. Rights Restricted Share

Units (cash settled) Britton, Marion Eleanor 5 10/03/2014 56 30,989 5,834

Russel Metals Inc. Rights Restricted Share Units (cash settled)

Britton, Marion Eleanor 5 10/03/2014 58 - Expiration of rights

26,105 -4,884

Russel Metals Inc. Common Shares Coleman, Lesley Margaret Seppings

5 31/12/2013 30 27.07 31,250 1,507

Russel Metals Inc. Common Shares Halcrow, David 5 31/12/2013 30 27.58 15,628 638 Russel Metals Inc. Common Shares Hedges, Brian Robie 5 31/12/2013 30 27.48 107,831 2,139 Russel Metals Inc. Rights Restricted Share

Units (cash settled) Hedges, Brian Robie 5 10/03/2014 56 105,367 19,474

Russel Metals Inc. Rights Restricted Share Units (cash settled)

Hedges, Brian Robie 5 10/03/2014 58 - Expiration of rights

95,599 -9,768

Russel Metals Inc. Common Shares Kelly, Maureen Ann 5 31/12/2013 30 27.56 26,272 1,167 Russel Metals Inc. Common Shares MacLean, John 5 02/07/2013 00 Russel Metals Inc. Common Shares MacLean, John 5 31/12/2013 30 28.21 165 165 Russel Metals Inc. Common Shares Mangialardi, Giuseppe 5 31/12/2013 30 27.63 17,182 1,224 Russel Metals Inc. Common Shares Mangialardi, Giuseppe 5 11/03/2014 10 16.58 18,182 1,000 Russel Metals Inc. Common Shares Mangialardi, Giuseppe 5 11/03/2014 10 19.84 19,182 1,000 Russel Metals Inc. Options Mangialardi, Giuseppe 5 11/03/2014 51 16.58 48,000 -1,000 Russel Metals Inc. Options Mangialardi, Giuseppe 5 11/03/2014 51 19.84 47,000 -1,000 Russel Metals Inc. Common Shares McMullen, Francine Denise 5 31/12/2013 30 27.53 5,911 554 Russel Metals Inc. Common Shares Mooser, Sherri Lynn 5 31/12/2013 30 27.49 1,783 328 Russel Metals Inc. Common Shares Peckham, Edward John 5 31/12/2013 30 27.52 16,786 541 Russel Metals Inc. Common Shares Reid, John Gregory 5 31/12/2013 30 29.66 8,702 1,202 Russel Metals Inc. Rights Restricted Share

Units (cash settled) Reid, John Gregory 5 10/03/2014 56 23,070 10,444

Russel Metals Inc. Common Shares Robb, Lloyd Bruce 5 31/12/2013 30 27.9 14,177 247 Russel Metals Inc. Common Shares Willis, Allan Stephen 5 31/12/2013 30 27.62 32,148 1,349 Sanatana Resources Inc. Common Shares Inwentash, Sheldon 3 13/03/2014 10 0.0787 9,672,500 172,000 Sanatana Resources Inc. Common Shares Miles, Peter Leighton 4, 5 13/03/2014 10 0.07 2,846,886 200,000 Sandvine Corporation Common Shares Caputo, David 4 12/03/2014 30 3.28 86,519 548 Sandvine Corporation Common Shares Donnelly, Tom 5 12/03/2014 30 3.28 15,031 120 Sandvine Corporation Common Shares Hamilton, Scott 4 12/03/2014 30 3.28 3,493 52 Sandvine Corporation Common Shares Siim, Brad 5 12/03/2014 30 3.28 20,657 248 Saputo Inc. Common Shares Brockman, Terry 7, 5 31/12/2013 30 48.392 32,910 132 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.44 700 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.44 32,210 -700 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.45 100 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.45 32,110 -100 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.5 100 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.5 32,010 -100 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.525 1,400 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.525 30,610 -1,400

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2991



Acquired/ Disposed

Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.62 1,300 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.62 29,310 -1,300 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.67 700 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.67 28,610 -700 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.68 1,000 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.68 27,610 -1,000 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.735 4,600 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.735 23,010 -4,600 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.64 1,300 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.64 21,710 -1,300 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.74 800 Saputo Inc. Common Shares Brockman, Terry 7, 5 28/02/2014 10 54.74 20,910 -800 Saputo Inc. Common Shares Canuto, Gianfranco 7 31/12/2013 30 49.566 1,766 113 Saputo Inc. Common Shares Carrière, Louis-Philippe 7, 5 31/12/2013 30 49.566 22,505 160 Saputo Inc. Common Shares Dello Sbarba, Dino 5 31/12/2013 30 49.566 30,653 145 Saputo Inc. Common Shares Edwards, Robert L. 7 31/12/2013 30 48.392 735 105 Saputo Inc. Common Shares Lamarre, Michel 5 31/12/2013 30 49.566 2,773 103 Saputo Inc. Common Shares McNaughton, Susan 7 31/12/2013 30 48.392 749 96 Saputo Inc. Common Shares Palombaro, Gabriel 5 31/12/2013 30 49.566 7,753 86 Saputo Inc. Common Shares Saputo, Lino Anthony 4, 7, 5 31/12/2013 30 49.566 47,349 18 Saputo Inc. Common Shares Spinelli, Lorenzo 7, 5 31/12/2013 30 49.566 1,033 101 Saputo Inc. Common Shares St-Jean, Louise 5 31/12/2013 30 49.566 491 92 Saputo Inc. Common Shares Therrien, Maxime 5 31/12/2013 30 49.566 3,509 140 Saputo Inc. Common Shares Viger, Isabelle 5 31/12/2013 30 49.566 3,300 142 Saputo Inc. Common Shares Wagner, Gaétane 5 31/12/2013 30 49.566 2,257 92 Satori Resources Inc. Common Shares Boyle, Jennifer L 4, 5 11/03/2014 10 0.095 926,204 -200,000 Satori Resources Inc. Common Shares Boyle, Jennifer L 4, 5 11/03/2014 10 0.07 826,204 -100,000 Satori Resources Inc. Options Boyle, Jennifer L 4, 5 10/03/2014 50 1,300,000 500,000 Satori Resources Inc. Options Kilborn, Jeffrey Keith 4, 5 12/03/2014 50 0.05 875,000 300,000 Satori Resources Inc. Options Reid, Bruce 4 27/01/2012 00 Satori Resources Inc. Options Reid, Bruce 4 10/03/2014 50 300,000 300,000 Savaria Corporation Common Shares Dumoulin, Sylvain 4 10/03/2014 51 1.65 25,000 25,000 Sears Canada Inc. Common Shares Harker, William R. 4 06/12/2013 30 12.597 4,604 290 SelectCore Ltd. Common Shares Bernholtz, Martin 4 12/03/2014 10 0.03 7,364,354 200,000 Shamrock Enterprises Inc. Common Shares McIntosh, Brian Cameron 3 12/03/2014 10 0.04 1,535,000 5,000 SHAW COMMUNICATIONS INC.

Non-Voting Shares Class "B"

Shaw, Bradley 4, 5 31/12/2013 30 23.86 2,387 319

SHAW COMMUNICATIONS INC.


Shaw, Bradley 4, 5 20/03/2003 00



Shaw, Bradley 4, 5 31/12/2013 30 23.86 397 397



Shaw, Bradley 4, 5 20/03/2003 00



Shaw, Bradley 4, 5 31/12/2013 30 23.86 397 397



Shaw, Bradley 4, 5 20/03/2003 00



Shaw, Bradley 4, 5 31/12/2013 30 23.86 16 16



Shaw, Bradley 4, 5 20/03/2003 00



Shaw, Bradley 4, 5 31/12/2013 30 23.86 397 397



Shaw, Bradley 4, 5 31/12/2013 30 23.86 8,838,885 258,212



Shaw, Bradley 4, 5 20/03/2003 00



Shaw, Bradley 4, 5 31/12/2013 30 23.86 397 397



Shaw, Jim 4 31/12/2013 30 23.86 10,397 397

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2992



Acquired/ Disposed



Shaw, Jim 4 31/03/2003 00



Shaw, Jim 4 31/12/2013 30 23.86 396 396



Shaw, JR 3, 4, 5 31/12/2013 30 23.82 1,794,094 74,202



Shaw, JR 3, 4, 5 31/12/2013 30 23.82 39,232 2,730



Shaw, JR 3, 4, 5 31/12/2013 30 23.81 212,797 602



Shaw, JR 3, 4, 5 31/12/2013 30 23.81 2,333 514



Shaw, JR 3, 4, 5 31/12/2013 30 23.81 2,333 514



Shaw, JR 3, 4, 5 31/12/2013 30 23.81 1,337 469



Shaw, JR 3, 4, 5 31/12/2013 30 23.81 1,337 469



Shaw, JR 3, 4, 5 31/12/2013 30 23.81 2,333 514



Shaw, Julie 5 31/12/2013 30 23.81 10,757 548

Shield Gold Inc. Common Shares Ferguson, Paul Kenneth 4, 5 10/03/2014 10 0.0766 1,851,714 40,000 Shield Gold Inc. Common Shares Ferguson, Paul Kenneth 4, 5 12/03/2014 10 0.093 1,863,714 12,000 Shield Gold Inc. Common Shares Ferguson, Paul Kenneth 4, 5 14/03/2014 10 0.102 1,873,714 10,000 Silver Bear Resources Inc. Common Shares Trevisiol, Mark Steven 4, 5 13/03/2014 10 0.2 1,500 Silver Bear Resources Inc. Common Shares Trevisiol, Mark Steven 4, 5 13/03/2014 10 0.2 176,500 1,500 SILVERCORP METALS INC. Common Shares without

par value Tang, Meng (Maria) 5 06/03/2014 10 2.65 2,200 -10,000

Sirius XM Canada Holdings Inc. (formerly Canadian Satellite Radio Holdings Inc.)

Options Class A Cunningham, Timothy Paul 5 21/02/2014 51 156,200 -8,000


Options Class A Cunningham, Timothy Paul 5 24/02/2014 51 149,200 -7,000



Cunningham, Timothy Paul 5 21/02/2014 51 3 8,000 8,000



Cunningham, Timothy Paul 5 21/02/2014 10 8.45 0 -8,000



Cunningham, Timothy Paul 5 24/02/2014 51 3 7,000 7,000



Cunningham, Timothy Paul 5 24/02/2014 10 8.39 0 -7,000

Sirona Biochem Corp. Common Shares Marazzi, Alex Sandro 4 06/03/2014 16 0.13 400,769 230,769 Sirona Biochem Corp. Warrants Marazzi, Alex Sandro 4 06/03/2014 16 0.2 380,769 230,769 SMART Technologies Inc. Subordinate Voting

Shares Class A Subordinate Voting Shares

GAYDON, NEIL 4, 5 07/03/2014 10 3.73 73,863 -2,803

SMART Technologies Inc. Subordinate Voting Shares Class A Subordinate Voting Shares

GAYDON, NEIL 4, 5 10/03/2014 10 3.65 51,166 -22,697

SNC-Lavalin Group Inc. Common Shares CHEBL, Charles 5 13/03/2014 51 31.59 4,500 4,500 SNC-Lavalin Group Inc. Common Shares CHEBL, Charles 5 13/03/2014 10 46.509 0 -4,500 SNC-Lavalin Group Inc. Options CHEBL, Charles 5 13/03/2014 51 31.59 66,400 -4,500 SNC-Lavalin Group Inc. Common Shares CLARKE, Dale 5 11/03/2014 51 31.59 3,475 3,375 SNC-Lavalin Group Inc. Common Shares CLARKE, Dale 5 11/03/2014 10 47.15 100 -3,375 SNC-Lavalin Group Inc. Options CLARKE, Dale 5 11/03/2014 51 31.59 55,325 -3,375 SNC-Lavalin Group Inc. Options CLARKE, Dale 5 14/03/2014 51 31.59 -3,375 SNC-Lavalin Group Inc. Common Shares GOULET, Réjean 5 12/03/2014 51 31.59 6,500 2,000 SNC-Lavalin Group Inc. Common Shares GOULET, Réjean 5 12/03/2014 10 47 4,500 -2,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2993



Acquired/ Disposed

SNC-Lavalin Group Inc. Common Shares GOULET, Réjean 5 12/03/2014 51 37.53 5,166 666 SNC-Lavalin Group Inc. Common Shares GOULET, Réjean 5 12/03/2014 10 47 4,500 -666 SNC-Lavalin Group Inc. Options GOULET, Réjean 5 12/03/2014 51 31.59 39,666 -2,000 SNC-Lavalin Group Inc. Options GOULET, Réjean 5 12/03/2014 51 37.53 39,000 -666 SNC-Lavalin Group Inc. Common Shares Taylor, Alexander S. 5 01/03/2014 00 8,525 Solarvest BioEnergy Inc. Common Shares Greenham, Gerri Joseph 4 10/03/2014 10 0.33 8,027,000 2,500 Solarvest BioEnergy Inc. Common Shares Greenham, Gerri Joseph 4 14/03/2014 10 0.34 8,032,000 5,000 SOLITARIO EXPLORATION & ROYALTY CORP.

Common Shares Herald, Christopher 4 12/03/2014 10 1.45 1,446,962 2,500

SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 11/03/2014 10 0.34 17,000 7,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 11/03/2014 10 0.34 27,000 10,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 11/03/2014 10 0.33 37,000 10,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 11/03/2014 10 0.32 49,000 12,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 11/03/2014 10 0.32 55,000 6,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 12/03/2014 10 0.31 60,000 5,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 12/03/2014 10 0.31 65,000 5,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 12/03/2014 10 0.31 74,000 9,000 SoMedia Networks Inc. Common Shares Pickering, Benjamin 4, 5 12/03/2014 10 0.31 75,000 1,000 Sonoro Metals Corp. Common Shares Freeman, Gary Richard 4 11/03/2014 10 0.08 1,454,516 10,000 South American Silver Corp. Common Shares Fitch, Ralph Gordon 4, 5 12/03/2014 10 0.29 4,002,533 25,500 South American Silver Corp. Common Shares Fitch, Ralph Gordon 4, 5 12/03/2014 10 0.28 4,027,033 24,500 South American Silver Corp. Common Shares MALBRAN, Felipe Bernardo 5 05/03/2014 10 0.3 1,819,864 45,000 South American Silver Corp. Common Shares MALBRAN, Felipe Bernardo 5 06/03/2014 10 0.3 1,837,464 17,600 South American Silver Corp. Common Shares Moore, Randall 5 05/03/2014 10 0.31 331,049 10,000 South American Silver Corp. Common Shares Moore, Randall 5 07/03/2014 10 0.29 335,549 4,500 South American Silver Corp. Common Shares Moore, Randall 5 07/03/2014 10 0.295 336,549 1,000 South American Silver Corp. Common Shares Moore, Randall 5 07/03/2014 10 0.305 341,049 4,500 Southern Arc Minerals Inc. Options Bahnuik, Jonathan Marvin 5 01/02/2014 00 Southern Arc Minerals Inc. Options Bahnuik, Jonathan Marvin 5 03/03/2014 50 0.1 200,000 200,000 Spectra7 Microsystems Inc. (formerly Chrysalis Capital VIII Corporation)

Common Shares Chee, Melissa Ming-Li 5 30/01/2014 00 8,233

Sphere 3D Corporation (formerly T.B. Mining Ventures Inc.)

Common Shares Inwentash, Sheldon 3 11/03/2014 10 8.1797 1,100,000 23,200






Common Shares Inwentash, Sheldon 3 11/03/2014 10 8.225 857,700 10,000

Spot Coffee (Canada) Ltd. Common Shares Lorenzo, John Michael 4 06/03/2014 10 0.08 6,263,324 20,000 Spot Coffee (Canada) Ltd. Common Shares Lorenzo, John Michael 4 07/03/2014 10 0.08 6,273,324 10,000 Spot Coffee (Canada) Ltd. Common Shares Lorenzo, John Michael 4 07/03/2014 10 0.08 6,298,324 25,000 Spot Coffee (Canada) Ltd. Common Shares Lorenzo, John Michael 4 12/03/2014 10 0.075 6,323,324 25,000 ST ANDREW GOLDFIELDS LTD.

Common Shares Abramson, Randall 3 10/03/2014 97 15,718,996 -26,384

ST ANDREW GOLDFIELDS LTD.

Common Shares Cater, Douglas Frederick 5 12/03/2014 30 0.36 69,398 4,740


Common Shares Gignac, Catherine 4 11/03/2014 10 0.38 214,278 100,000


Common Shares Gignac, Catherine 4 12/03/2014 30 0.36 217,108 2,830


Common Shares Middlemiss, Duncan Kenneth

4, 5 12/03/2014 30 0.36 217,550 9,204


Common Shares Petroff, David Michael 4 12/03/2014 30 0.36 154,794 3,176


Common Shares Ramey, Geoffrey 5 12/03/2014 30 0.37 52,849 -228

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2994



Acquired/ Disposed


Common Shares Ramey, Geoffrey 5 12/03/2014 30 0.36 56,991 4,142

Stans Energy Corp. Options BAKER, GORDON 4, 5 03/03/2014 50 0.07 2,150,000 500,000 Stockport Exploration Inc. Common Shares McKay, Robert Scott 4 11/03/2014 10 0.05 1,135,000 100,000 Storm Resources Ltd. Options Brister, Matthew 4 10/03/2014 50 106,500 34,500 Storm Resources Ltd. Options Brussa, John Albert 4 10/03/2014 50 4.68 106,500 34,500 Storm Resources Ltd. Options Butler, Mark 4 10/03/2014 50 106,500 34,500 Storm Resources Ltd. Options Clark, Stuart George 4 10/03/2014 50 106,500 34,500 Storm Resources Ltd. Options Devlin, John Joseph 5 10/03/2014 50 4.68 426,000 126,000 Storm Resources Ltd. Options Lavergne, Brian 4, 5 10/03/2014 50 426,000 126,000 Storm Resources Ltd. Options McLean, Donald Galloway 5 10/03/2014 50 4.68 311,000 89,000 Storm Resources Ltd. Options Tiberio, Robert S 5 10/03/2014 50 4.68 426,000 126,000 Storm Resources Ltd. Options Turnbull, Gregory George 4 10/03/2014 50 106,500 34,500 Storm Resources Ltd. Options Wierzba, P. Grant 4 10/03/2014 50 106,500 34,500 Storm Resources Ltd. Options Wilson, James Kenneth 4 10/03/2014 50 34,500 Storm Resources Ltd. Options Wilson, James Kenneth 4 10/03/2014 50 4.68 106,500 34,500 Strad Energy Services Ltd. Common Shares CRAWFORD, Kerry Edward 6 02/10/2012 10 4.53 2,000 -500 Strad Energy Services Ltd. Common Shares CRAWFORD, Kerry Edward 6 11/03/2014 10 4.18 0 -2,000 Strad Energy Services Ltd. Common Shares CRAWFORD, Kerry Edward 6 02/10/2012 10 4.53 -500 Strad Energy Services Ltd. Common Shares CRAWFORD, Kerry Edward 6 11/03/2014 10 4.18 0 -1,250 Strata Minerals Inc. Common Shares Agro, Hugh 4 13/01/2014 37 568,550 -5,116,950 Strata Minerals Inc. Common Shares Agro, Hugh 4 13/01/2014 37 838,208 -7,543,877 Strata Minerals Inc. Common Shares Agro, Hugh 4 11/03/2014 10 0.13 995,708 10,000 Strata Minerals Inc. Common Shares Agro, Hugh 4 14/03/2014 10 0.13 1,006,208 10,500 Strata Minerals Inc. Options Agro, Hugh 4 10/04/2013 50 400,000 150,000 Strata Minerals Inc. Options Agro, Hugh 4 13/01/2014 37 40,000 -360,000 Strata Minerals Inc. Warrants Agro, Hugh 4 13/01/2014 37 145,291 -1,307,627 Strata Minerals Inc. Common Shares Ellery, Peter 4 13/01/2014 37 13,005 -117,045 Strata Minerals Inc. Options Ellery, Peter 4 18/04/2013 50 400,000 150,000 Strata Minerals Inc. Options Ellery, Peter 4 13/01/2014 37 40,000 -360,000 Strata Minerals Inc. Common Shares Jenks, Michael David 4 13/01/2014 37 -160,001 Strata Minerals Inc. Common Shares Jenks, Michael David 4 13/01/2014 37 -160,001 Strata Minerals Inc. Options Jenks, Michael David 4 13/01/2014 37 -15,000 Strata Minerals Inc. Options Jenks, Michael David 4 13/01/2014 37 -15,000 Strata Minerals Inc. Common Shares Kelertas, Richard 4 24/10/2012 00 Strata Minerals Inc. Common Shares Kelertas, Richard 4 24/10/2012 00 5,000 Strata Minerals Inc. Common Shares Kelertas, Richard 4 11/03/2013 11 0.08 62,500 Strata Minerals Inc. Common Shares Kelertas, Richard 4 11/03/2013 11 0.08 11,250 6,250 Strata Minerals Inc. Options Kelertas, Richard 4 24/10/2012 00 Strata Minerals Inc. Options Kelertas, Richard 4 24/10/2012 00 25,000 Strata Minerals Inc. Warrants Kelertas, Richard 4 24/10/2012 00 Strata Minerals Inc. Warrants Kelertas, Richard 4 24/10/2012 00 2,500 Strata Minerals Inc. Warrants Kelertas, Richard 4 11/03/2013 11 31,250 Strata Minerals Inc. Warrants Kelertas, Richard 4 11/03/2013 11 5,625 3,125 Strategic Oil & Gas Ltd. Common Shares Joy, Barbara 5 19/09/2013 10 0.92 50,000 -40,000 Strategic Oil & Gas Ltd. Common Shares Joy, Barbara 5 31/12/2013 30 0.9496 54,738 4,738 Strategic Resources Inc. Common Shares Inwentash, Sheldon 6 07/03/2014 10 0.005 8,547,000 -3,473,000 Strategic Resources Inc. Common Shares Inwentash, Sheldon 6 11/03/2014 10 0.005 5,500,000 -3,047,000 Strategic Resources Inc. Common Shares Inwentash, Sheldon 6 07/03/2014 10 0.005 200,000 -500,000 Strategic Resources Inc. Common Shares Inwentash, Sheldon 6 07/03/2014 10 0.005 0 -500,000 Strategic Resources Inc. Common Shares Pinetree Capital Ltd. 3 07/03/2014 10 0.005 8,547,000 -3,473,000 Strategic Resources Inc. Common Shares Pinetree Capital Ltd. 3 11/03/2014 10 0.005 5,500,000 -3,047,000 Strategic Technologies Inc Common Shares Tolmie, Kenneth Ross 4 22/10/2003 50 0.4 75,000 Strategic Technologies Inc Common Shares Tolmie, Kenneth Ross 4 22/10/2003 50 0.4 75,000 Stria Capital Inc. Options Davy, Julien 5 11/03/2014 50 300,000 200,000 Stria Capital Inc. Common Shares York, Jeffrey 3, 4 11/09/2013 10 0.49 10,000 Stria Capital Inc. Common Shares York, Jeffrey 3, 4 11/09/2013 10 0.49 10,000 Stria Capital Inc. Common Shares York, Jeffrey 3, 4 11/09/2013 10 0.49 10,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2995



Acquired/ Disposed

Sulliden Gold Corporation Ltd.

Common Shares Amireault, Stéphane 5 12/03/2014 51 0.65 251,776 200,000


Common Shares Amireault, Stéphane 5 12/03/2014 11 0.95 51,776 -200,000


Options Amireault, Stéphane 5 12/03/2014 51 0.65 1,360,000 -200,000


Common Shares Arsenault, Denis 5 12/03/2014 51 0.65 294,500 100,000


Common Shares Arsenault, Denis 5 12/03/2014 11 0.95 194,500 -100,000


Options Arsenault, Denis 5 12/03/2014 51 0.65 820,000 -100,000


Common Shares Fernandez-Concha Stucker, Javier Martin

7 12/03/2014 51 0.65 1,835,000 300,000


Common Shares Fernandez-Concha Stucker, Javier Martin

7 12/03/2014 11 0.95 1,535,000 -300,000


Options Fernandez-Concha Stucker, Javier Martin

7 12/03/2014 51 860,000 -300,000


Common Shares Milbourne, Joe 5 12/03/2014 51 0.65 103,500 100,000


Common Shares Milbourne, Joe 5 12/03/2014 11 0.95 3,500 -100,000


Options Milbourne, Joe 5 12/03/2014 51 1,450,000 -100,000


Common Shares Tagliamonte, Peter Wilson 4, 5 12/03/2014 51 0.65 1,176,314 500,000


Common Shares Tagliamonte, Peter Wilson 4, 5 12/03/2014 11 0.95 676,314 -500,000


Options Tagliamonte, Peter Wilson 4, 5 12/03/2014 51 4,275,000 -500,000

Summit Industrial Income REIT

Trust Units Drake, Ross 5 25/09/2012 00


Trust Units Drake, Ross 5 18/04/2013 30 6.62 298 298






Trust Units Drake, Ross 5 22/07/2013 30 5.82 1,275 346












Trust Units Drake, Ross 5 25/09/2012 00















Insider Reporting

March 20, 2014

(2014), 37 OSCB 2996



Acquired/ Disposed


Trust Units Dykeman, Paul 5 25/09/2012 00


Trust Units Dykeman, Paul 5 18/04/2013 30 6.314 1,459 1,459




















Trust Units Dykeman, Paul 5 18/04/2013 30 6.314 31 31


















Trust Units Dykeman, Paul 5 18/04/2013 30 6.314 208,669 336

























Insider Reporting

March 20, 2014

(2014), 37 OSCB 2997



Acquired/ Disposed












































Trust Units Morassutti, Lawrence 5 17/10/2013 30 5.6 100,650 650


Trust Units Morassutti, Lawrence 5 19/11/2013 30 5.68 151,409 759


Trust Units Morassutti, Lawrence 5 17/12/2013 30 5.5 259,888 1,179

Sun Life Financial Inc. Deferred Share Units Connor, Dean 4, 5 06/03/2014 30 38.84 29,762 Sun Life Financial Inc. Deferred Share Units Connor, Dean 4, 5 06/03/2014 30 38.64 114,774 29,762 Sun Life Financial Inc. Common Shares Kicinski, Stephen 5 11/03/2014 51 21.53 4,634 4,634 Sun Life Financial Inc. Common Shares Kicinski, Stephen 5 11/03/2014 10 38.33 4,600 -34 Sun Life Financial Inc. Common Shares Kicinski, Stephen 5 11/03/2014 10 38.34 0 -4,600 Sun Life Financial Inc. Options Kicinski, Stephen 5 11/03/2014 51 21.53 -4,634 Sun Life Financial Inc. Options Kicinski, Stephen 5 11/03/2014 51 21.53 -4,634 Sun Life Financial Inc. Options Kicinski, Stephen 5 11/03/2014 51 21.53 47,845 -4,634 Suncor Energy Inc. Common Shares Gass, John Donald 4 10/03/2014 10 33.12 3,198 3,000 SunOpta Inc. Common Shares Bromley, Steven 5 06/03/2014 10 8.1685 191,696 561 SunOpta Inc. Common Shares Jacobs, Hendrik 5 06/03/2014 10 8.1685 18,211 657 SunOpta Inc. Common Shares Kendall, Jeremy 4, 5 06/03/2014 10 8.1685 466,578 127 SunOpta Inc. Common Shares McKeracher, Robert 5 06/03/2014 10 8.1685 16,649 591 Superior Copper Corporation Options Harvey, John Dennis 4 24/01/2014 00 Superior Copper Corporation Options Harvey, John Dennis 4 12/03/2014 50 0.15 350,000 350,000 Superior Copper Corporation Options Irwin, Christopher 4 24/01/2014 00 Superior Copper Corporation Options Irwin, Christopher 4 12/03/2014 50 0.15 250,000 250,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2998



Acquired/ Disposed

Superior Copper Corporation Options Leskovec, Michael George 5 24/01/2014 00 Superior Copper Corporation Options Leskovec, Michael George 5 12/03/2014 50 0.15 350,000 350,000 Superior Copper Corporation Options Peters, Brent James 4 24/01/2014 00 Superior Copper Corporation Options Peters, Brent James 4 12/03/2014 50 0.15 250,000 250,000 Superior Copper Corporation Options PLADSEN, THOMAS JOHN 4 24/01/2014 00 Superior Copper Corporation Options PLADSEN, THOMAS JOHN 4 12/03/2014 50 0.15 250,000 250,000 Superior Copper Corporation Options Tait, John Graham 5 24/01/2014 00 Superior Copper Corporation Options Tait, John Graham 5 12/03/2014 50 0.15 500,000 500,000 Surge Energy Inc. Rights Restricted Share

Awards Macdonald, Keith Elliott 4 13/04/2010 00

Surge Energy Inc. Rights Restricted Share Awards

Macdonald, Keith Elliott 4 22/11/2013 56 18,200 18,200

Symphony Floating Rate Senior Loan Fund

Units Class A Symphony Floating Rate Senior Loan Fund

1 03/02/2014 38 10.06 3,000 3,000



1 03/02/2014 38 10.06 0 -3,000



1 04/02/2014 38 9.96 3,000 3,000



1 04/02/2014 38 9.96 0 -3,000



1 05/02/2014 38 10 3,000 3,000



1 05/02/2014 38 10 0 -3,000



1 06/02/2014 38 9.99 -3,000 -3,000



1 06/02/2014 38 9.99 0 3,000



1 07/02/2014 38 9.98 3,000 3,000



1 07/02/2014 38 9.98 0 -3,000



1 10/02/2014 38 9.91 3,000 3,000



1 10/02/2014 38 9.91 0 -3,000



1 12/02/2014 38 9.92 3,000 3,000



1 12/02/2014 38 9.92 0 -3,000



1 13/02/2014 38 9.89 2,800 2,800



1 13/02/2014 38 9.89 0 -2,800



1 18/02/2014 38 9.78 3,000 3,000



1 18/02/2014 38 9.78 0 -3,000



1 18/02/2014 38 9.93 3,000 3,000



1 18/02/2014 38 9.93 0 -3,000



1 19/02/2014 38 9.91 3,000 3,000



1 19/02/2014 38 9.91 0 -3,000



1 20/02/2014 38 9.89 3,000 3,000



1 20/02/2014 38 9.89 0 -3,000



1 21/02/2014 38 9.91 3,000 3,000



1 21/02/2014 38 9.91 0 -3,000



1 24/02/2014 38 9.83 3,000 3,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 2999



Acquired/ Disposed



1 24/02/2014 38 9.83 0 -3,000



1 25/02/2014 38 9.85 3,000 3,000



1 25/02/2014 38 9.85 0 -3,000



1 26/02/2014 38 9.73 3,000 3,000



1 26/02/2014 38 9.73 0 -3,000



1 27/02/2014 38 9.7 3,000 3,000



1 27/02/2014 38 9.7 0 -3,000

Tahoe Resources Inc. Common Shares Hofmeister, Edie 5 07/03/2014 57 25.32 151,013 4,000 Tahoe Resources Inc. Deferred Share Awards Hofmeister, Edie 5 28/05/2010 00 Tahoe Resources Inc. Deferred Share Awards Hofmeister, Edie 5 28/05/2010 00 Tahoe Resources Inc. Deferred Share Awards Hofmeister, Edie 5 07/03/2014 57 25.32 4,000 -4,000 Tahoe Resources Inc. Common Shares McArthur, C. Kevin 4 07/03/2014 57 25.32 3,812,224 26,667 Tahoe Resources Inc. Deferred Share Awards McArthur, C. Kevin 4 28/05/2010 00 Tahoe Resources Inc. Deferred Share Awards McArthur, C. Kevin 4 28/05/2010 00 Tahoe Resources Inc. Deferred Share Awards McArthur, C. Kevin 4 28/05/2010 00 Tahoe Resources Inc. Deferred Share Awards McArthur, C. Kevin 4 07/03/2014 57 25.32 26,667 -26,667 Talisman Energy Inc. Cash Units BLAKELEY, Alexander Paul 5 10/03/2014 59 11.105 330,000 -100,000 Tango Gold Mines Incorporated (fka F.D.G. Mining Inc.)

Common Shares Dunn, David 4 14/03/2014 10 0.08 246,154 -846

Tango Gold Mines Incorporated (fka F.D.G. Mining Inc.)

Common Shares Dunn, David 4 14/03/2014 10 0.08 165,154 -81,000

Tango Gold Mines Incorporated (fka F.D.G. Mining Inc.)

Common Shares Dunn, David 4 14/03/2014 10 0.08 45,000 -25,000

Tanzanian Royalty Exploration Corporation

Common Shares HANSEN, HELEN ELIZABETH

5 11/03/2014 30 2.75 4,972 301

Tanzanian Royalty Exploration Corporation

Common Shares Van Tongeren, Steven Petrus

5 11/03/2014 30 2.75 101,803 562

Tarsis Resources Ltd. Options Fleming, Adrian Wallace 4 23/06/2010 50 0.2 100,000 100,000 Tarsis Resources Ltd. Options Fleming, Adrian Wallace 4 28/06/2010 00 Tarsis Resources Ltd. Options Fleming, Adrian Wallace 4 01/10/2010 50 0.59 150,000 50,000 Tarsis Resources Ltd. Options Fleming, Adrian Wallace 4 07/05/2012 50 0.26 200,000 50,000 Tarsis Resources Ltd. Options Fleming, Adrian Wallace 4 25/02/2014 50 0.1 400,000 200,000 Taylor North American Equity Opportunities Fund

Units Taylor North American Equity Opportunities Fund

1 12/02/2014 38 12.19 2,100 2,100

Taylor North American Equity Opportunities Fund


1 12/02/2014 38 12.19 0 -2,100



1 12/02/2014 38 12.34 3,000 3,000



1 12/02/2014 38 12.34 0 -3,000



1 21/02/2014 38 12.42 1,400 1,400



1 21/02/2014 38 12.42 0 -1,400



1 25/02/2014 38 12.6 3,000 3,000



1 25/02/2014 38 12.6 0 -3,000

Tech Leaders Income Fund Units Tech Leaders Income Fund 1 10/02/2014 38 9.25 3,000 3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 10/02/2014 38 9.25 0 -3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 12/02/2014 38 9.34 1,600 1,600 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 12/02/2014 38 9.34 0 -1,600 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 14/02/2014 38 9.45 3,000 3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 14/02/2014 38 9.45 0 -3,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3000



Acquired/ Disposed

Tech Leaders Income Fund Units Tech Leaders Income Fund 1 19/02/2014 38 9.3 1,800 1,800 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 19/02/2014 38 9.3 0 -1,800 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 21/02/2014 38 9.36 3,000 3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 21/02/2014 38 9.36 0 -3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 25/02/2014 38 9.5 3,000 3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 25/02/2014 38 9.5 0 -3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 25/02/2014 38 9.65 3,000 3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 25/02/2014 38 9.65 0 -3,000 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 26/02/2014 38 9.41 600 600 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 26/02/2014 38 9.41 0 -600 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 28/02/2014 38 9.47 200 200 Tech Leaders Income Fund Units Tech Leaders Income Fund 1 28/02/2014 38 9.47 0 -200 TECSYS Inc. Common Shares Brereton, David 3, 4, 5 12/03/2014 47 3,161,902 -30,000 TECSYS Inc. Common Shares Brereton, David 3, 4, 5 12/03/2014 10 6 3,106,902 -55,000 TECSYS Inc. Common Shares BRERETON, KATHRYN 3 12/03/2014 47 1,172,402 -10,000 TECSYS Inc. Common Shares BRERETON, KATHRYN 3 12/03/2014 10 6 1,162,402 -10,000 TELUS Corporation Restricted Share Units Blair, Joshua Andrew 5 28/02/2014 30 36.4 175,048 6,254 TELUS Corporation Restricted Share Units Mercier, Monique 5 28/02/2014 30 36.4 54,913 1,540 TELUS Corporation Restricted Share Units Mercier, Monique 5 28/02/2014 30 38.86 55,627 714 Temex Resources Corp. Common Shares Weyrauch, Derrick Horst 5 07/03/2014 16 0.11 227,253 Temex Resources Corp. Common Shares Weyrauch, Derrick Horst 5 07/03/2014 16 0.11 342,273 227,273 Temex Resources Corp. Warrants Weyrauch, Derrick Horst 5 24/01/2014 00 Temex Resources Corp. Warrants Weyrauch, Derrick Horst 5 07/03/2014 16 0.18 113,636 113,636 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.59 500 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.59 500 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.61 1,300 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.61 1,300 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.62 25,600 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.62 25,600 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.61 100 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.61 100 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.62 2,500 Temple Hotels Inc. Common Shares Thorsteinson, Arni Clayton 4, 5 07/02/2014 10 5.62 2,500 TeraGo Inc. Common Shares ALLEN, Charles George 4 14/03/2014 10 50,072 13,039 TeraGo Inc. Options ALLEN, Charles George 4 14/03/2014 51 2.5 78,311 -13,039 TeraGo Inc. Common Shares McDonald, James Douglas 4 10/03/2014 10 48,313 13,217 TeraGo Inc. Options McDonald, James Douglas 4 10/03/2014 51 4 37,245 -13,217 TeraGo Inc. Common Shares Prodan, Joe 5 04/02/2014 00 TeraGo Inc. Common Shares Prodan, Joe 5 13/03/2014 10 5.457 15,000 15,000 Teranga Gold Corporation Common Shares Frazer, Jendayi Elizabeth

Juliet 4 11/03/2014 00

Terrace Energy Corp. Common Shares Morris, George 5 21/10/2013 00 Terrace Energy Corp. Common Shares Morris, George 5 05/03/2014 10 1.964 2,000 2,000 TerraVest Capital Inc. Common Shares Armoyan, Sime 3 14/03/2014 10 5.46 1,749,700 -300 TerraVest Capital Inc. Common Shares Armoyan, Sime 3 14/03/2014 10 5.45 1,616,900 -132,800 TerraVest Capital Inc. Common Shares PELLERIN, CHARLES 3 12/03/2014 10 5.35 1,871,393 5,100 Tesco Corporation Common Shares LRP V Luxembourg

Holdings S.a r.l. 3 13/03/2014 11 17.06 4,307,799 -1,500,000

Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 07/03/2014 51 7.51 330,462 109,200 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 07/03/2014 10 18.53 221,262 -109,200 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 07/03/2014 51 10.38 223,626 2,364 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 07/03/2014 10 18.53 221,262 -2,364 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 10/03/2014 51 10.38 277,068 55,806 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 10/03/2014 10 18.35 221,262 -55,806 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 11/03/2014 51 10.38 294,892 73,630 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 11/03/2014 10 17.194 221,262 -73,630 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 11/03/2014 51 13.64 248,869 27,607 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 11/03/2014 10 17.194 221,262 -27,607 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 12/03/2014 51 13.64 289,003 67,741

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3001



Acquired/ Disposed

Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 12/03/2014 10 17.012 221,262 -67,741 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 13/03/2014 51 13.64 233,514 12,252 Tesco Corporation Common Shares Quintana, Julio Manuel 4, 5 13/03/2014 10 17 221,262 -12,252 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 07/03/2014 51 587,000 -109,200 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 07/03/2014 51 584,636 -2,364 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 10/03/2014 51 528,830 -55,806 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 11/03/2014 51 455,200 -73,630 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 11/03/2014 51 427,593 -27,607 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 12/03/2014 51 359,852 -67,741 Tesco Corporation Options Stock Options Quintana, Julio Manuel 4, 5 13/03/2014 51 347,600 -12,252 Tesco Corporation Common Shares Serrano, Elijio V. 4 05/03/2014 00 Tesco Corporation Options Stock Options Serrano, Elijio V. 4 05/03/2014 00 Tesco Corporation Options Stock Options Serrano, Elijio V. 4 05/03/2014 50 6,000 6,000 Tesco Corporation Rights RSUs - Restricted

Stock Units Serrano, Elijio V. 4 05/03/2014 00

Tesco Corporation Rights RSUs - Restricted Stock Units

Serrano, Elijio V. 4 05/03/2014 56 2,500 2,500

The Descartes Systems Group Inc.

Deferred Share Unit Anderson, David Langley 4 10/03/2014 97 14.14 13,659 619


Deferred Share Unit Demirian, Eric 4 10/03/2014 97 14.14 13,659 619


Deferred Share Unit Walker, John Joseph 4 10/03/2014 97 14.14 12,439 619


Deferred Share Unit Watt, Stephen 4 10/03/2014 97 14.14 69,386 1,295

The Jenex Corporation Common Shares Fia, Roberto 4 11/03/2014 10 0.04 2,043,646 -30,000 The Jenex Corporation Common Shares Fia, Roberto 4 12/03/2014 10 0.03 1,933,924 -109,722 theScore, Inc. Subordinate Voting

Shares - Class A Levy, Benjamin David 4, 5 31/12/2013 30 0.2865 757,844 94,456

theScore, Inc. Subordinate Voting Shares - Class A

Levy, John S. 3, 4, 5 31/12/2012 30 0.2865 171,931

theScore, Inc. Subordinate Voting Shares - Class A

Levy, John S. 3, 4, 5 31/12/2013 30 0.2865 2,985,074 171,931

Thomson Reuters Corporation

Common Shares Bello, Stephane 5 10/03/2014 57 46,312 3,430


Options Bello, Stephane 5 05/03/2014 50 34.15 716,770 190,150


Restricted Share Units Bello, Stephane 5 05/03/2014 56 245,179 26,360


Restricted Share Units Bello, Stephane 5 10/03/2014 57 236,910 -8,269


Common Shares Collier, Timothy 7 10/03/2014 57 49,202 3,424


Restricted Share Units Collier, Timothy 7 05/03/2014 56 92,146 12,300


Restricted Share Units Collier, Timothy 7 10/03/2014 57 83,642 -8,504


Common Shares Corbin, Stuart 7 10/03/2014 57 1,581 242


Restricted Share Units Corbin, Stuart 7 10/03/2014 57 0 -715


Common Shares Craig, David William Ian 7, 5 10/03/2014 57 8,506 2,455


Options Craig, David William Ian 7, 5 05/03/2014 50 34.15 416,150 120,290


Restricted Share Units Craig, David William Ian 7, 5 05/03/2014 56 225,133 16,680


Restricted Share Units Craig, David William Ian 7, 5 10/03/2014 57 217,894 -7,239


Common Shares Gold, Marc E. 7 10/03/2014 57 1,294 1,188


Restricted Share Units Gold, Marc E. 7 05/03/2014 56 37,494 4,840


Restricted Share Units Gold, Marc E. 7 10/03/2014 57 34,473 -3,021

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3002



Acquired/ Disposed


Common Shares Ilaw, Leslie 7 10/03/2014 57 3,937 606


Restricted Share Units Ilaw, Leslie 7 05/03/2014 56 9,112 2,190


Restricted Share Units Ilaw, Leslie 7 10/03/2014 57 7,546 -1,566


Common Shares Johnston, Bernadette 7 10/03/2014 57 762 762


Restricted Share Units Johnston, Bernadette 7 05/03/2014 56 10,819 2,350


Restricted Share Units Johnston, Bernadette 7 10/03/2014 57 8,458 -2,361


Common Shares Moftah, Basil 7, 5 10/03/2014 57 5,613 2,243


Options Moftah, Basil 7, 5 01/01/2014 00


Options Moftah, Basil 7, 5 05/03/2014 50 34.15 44,900 44,900


Restricted Share Units Moftah, Basil 7, 5 05/03/2014 56 58,975 20,000


Restricted Share Units Moftah, Basil 7, 5 05/03/2014 56 65,205 6,230


Restricted Share Units Moftah, Basil 7, 5 10/03/2014 57 61,703 -3,502


Common Shares Monaghan, Paula R. 5 15/03/2013 30 30.91 1,448 8


Common Shares Monaghan, Paula R. 5 15/03/2013 30 30.912 7


































Common Shares Peccarelli, Brian S. 7, 5 10/03/2014 57 34,724 4,534


Options Peccarelli, Brian S. 7, 5 05/03/2014 50 34.15 224,490 55,460


Restricted Share Units Peccarelli, Brian S. 7, 5 05/03/2014 56 101,715 7,690

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3003



Acquired/ Disposed


Restricted Share Units Peccarelli, Brian S. 7, 5 05/03/2014 56 131,715 30,000


Restricted Share Units Peccarelli, Brian S. 7, 5 10/03/2014 57 124,632 -7,083


Options Rashbass, Andrew 5 05/03/2014 50 34.15 236,070 144,350


Restricted Share Units Rashbass, Andrew 5 05/03/2014 56 88,484 20,010


Common Shares Smith, James Clifton 5 10/03/2014 57 216,158 19,043


Options Smith, James Clifton 5 05/03/2014 50 34.15 2,239,810 573,090


Restricted Share Units Smith, James Clifton 5 05/03/2014 56 568,530 79,430


Restricted Share Units Smith, James Clifton 5 10/03/2014 57 538,777 -29,753


Common Shares Stanley, Deirdre 7, 5 10/03/2014 57 48,389 3,513


Options Stanley, Deirdre 7, 5 05/03/2014 50 34.15 432,060 79,230


Restricted Share Units Stanley, Deirdre 7, 5 05/03/2014 56 112,128 10,990


Restricted Share Units Stanley, Deirdre 7, 5 10/03/2014 57 102,830 -9,298


Common Shares Taylor, Susan C. 7, 5 10/03/2014 57 14,873 2,291


Options Taylor, Susan C. 7, 5 05/03/2014 50 34.15 164,380 73,490


Restricted Share Units Taylor, Susan C. 7, 5 05/03/2014 56 143,611 50,000


Restricted Share Units Taylor, Susan C. 7, 5 05/03/2014 56 153,801 10,190


Restricted Share Units Taylor, Susan C. 7, 5 10/03/2014 57 147,043 -6,758


Common Shares Walker, Linda 7, 5 10/03/2014 57 11,398 2,943


Restricted Share Units Walker, Linda 7, 5 05/03/2014 56 37,781 10,150


Restricted Share Units Walker, Linda 7, 5 10/03/2014 57 30,833 -6,948


Common Shares Warwick, Peter 7 10/03/2014 57 106,305 5,410


Options Warwick, Peter 7 05/03/2014 50 34.15 825,750 144,200


Restricted Share Units Warwick, Peter 7 05/03/2014 56 87,877 19,990


Restricted Share Units Warwick, Peter 7 10/03/2014 57 68,743 -19,134

Thundermin Resources Inc. Options Incentive Stock Options

Arnold, John Martin 4, 5 08/03/2014 52 0.1 270,000 -230,000


Gill, James Wendell 4, 5 08/03/2014 52 0.1 155,000 -345,000


Harbinson, Hugh David 4 08/03/2014 52 0.1 155,000 -345,000


Heslop, John Boyd 4, 5 08/03/2014 52 0.1 250,000 -525,000


McCarter, Peter Norman 4 08/03/2014 52 0.1 215,000 -285,000


Smith, Susan 5 08/03/2014 52 0.1 50,000 -120,000

Tilting Capital Corp. Options Bednar, Jason Michael 4 05/03/2014 00 Tilting Capital Corp. Options Bednar, Jason Michael 4 06/03/2014 50 0.1 200,000 200,000 Tim Hortons Inc. Options (stock

appreciation rights may/may not be granted in tandem)

Moir, William A. 5 12/03/2014 51 33.02 131,393 -4,486

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3004



Acquired/ Disposed

Timbercreek Mortgage Investment Corporation

Common Shares Watchorn, Derek John 4 25/11/2010 00


Common Shares Watchorn, Derek John 4 11/03/2014 10 9.54 2,000 2,000






Common Shares Watchorn, Derek John 4 12/03/2014 10 9.59 6,500 100




Common Shares Watchorn, Derek John 4 25/11/2010 00


Common Shares Watchorn, Derek John 4 11/03/2014 10 9.56 750 750

Timbercreek Senior Mortgage Investment Corporation

Common Shares MELO, David 5 11/03/2014 10 8.71 2,400 500

TMX Group Limited Common Shares Desgagne, Jean 5 19/02/2013 00 TMX Group Limited Common Shares Desgagne, Jean 5 31/12/2013 30 49.75 177 177 Total Telcom Inc. Common Shares Hammermeister, David

Harry 4 11/03/2014 10 0.03 1,040,833 244,000

Total Telcom Inc. Common Shares Hammermeister, David Harry

4 11/03/2014 10 0.03 1,314,833 274,000

TransCanada Corporation Common Shares Ferguson, Dean K. 7 06/03/2014 51 38.14 10,069 9,769 TransCanada Corporation Common Shares Ferguson, Dean K. 7 06/03/2014 10 49.5 300 -9,769 TransCanada Corporation Options Granted Feb. 22,

2007 @ $38.14 (exp. Feb. 22, 2014)

Ferguson, Dean K. 7 06/03/2014 51 0 -9,769

TransCanada Corporation Common Shares Jones, Robert E. 7 06/03/2014 51 38.1 21,047 9,254 TransCanada Corporation Common Shares Jones, Robert E. 7 06/03/2014 10 49.36 13,115 -7,932 TransCanada Corporation Options Options Granted

Feb. 22, 2007 @ $38.10 (exp. Feb. 22, 2014)

Jones, Robert E. 7 06/03/2014 51 0 -9,254

TransCanada Corporation Common Shares Lamb, Garry 5 06/03/2014 51 38.1 9,254 9,254 TransCanada Corporation Common Shares Lamb, Garry 5 06/03/2014 10 49.36 0 -9,254 TransCanada Corporation Options Options Granted

Feb. 22, 2007 @ $38.10 (exp. Feb. 22, 2014)

Lamb, Garry 5 06/03/2014 51 0 -9,254

Transition Therapeutics Inc. Options Rusaw, Norla Nicole 5 12/03/2014 51 4.15 117,193 -20,000 Treasury Metals Inc. Options Bache, Douglas 4 07/03/2014 50 0.55 550,000 100,000 Treasury Metals Inc. Options Ferron, Greg 5 07/03/2014 50 0.55 550,000 150,000 Treasury Metals Inc. Options Fisher, William J. 4 07/03/2014 50 0.55 567,000 100,000 Treasury Metals Inc. Options Gibson, Dennis George 5 07/03/2014 50 0.55 645,000 175,000 Treasury Metals Inc. Options Henderson, Marc Charles 4, 5 07/03/2014 50 0.55 850,000 200,000 Treasury Metals Inc. Options Walter, Martin 4, 5 07/03/2014 50 0.55 1,350,000 400,000 Treasury Metals Inc. Options Wood, Flora Emily MacKay 4 30/01/2014 00 Treasury Metals Inc. Options Wood, Flora Emily MacKay 4 07/03/2014 50 0.55 200,000 200,000 Treasury Metals Inc. Options YERLY, Blaise F. 4 07/03/2014 50 0.55 617,000 150,000 Tribute Resources Inc. Common Shares Tribute Resources Inc. 1 10/02/2014 38 0.08 20,000 20,000 Tribute Resources Inc. Common Shares Tribute Resources Inc. 1 24/02/2014 38 0.08 61,000 41,000 Tribute Resources Inc. Common Shares Tribute Resources Inc. 1 25/02/2014 38 0.08 116,000 55,000 Tribute Resources Inc. Common Shares Tribute Resources Inc. 1 27/02/2014 38 0.08 216,000 100,000 Tribute Resources Inc. Common Shares Tribute Resources Inc. 1 28/02/2014 38 0 -216,000 Trican Well Service Ltd. Options Employee Stock

Options Baldwin, Michael Andrew 5 06/03/2014 50 13.67 330,300 32,300

Trican Well Service Ltd. Performance Unit Awards (PSUs)

Baldwin, Michael Andrew 5 06/03/2014 56 13.67 37,867 6,067





Insider Reporting

March 20, 2014

(2014), 37 OSCB 3005



Acquired/ Disposed

Trican Well Service Ltd. Options Employee Stock Options

Browne, David James 5 06/03/2014 50 13.67 118,050 15,350








Buzinsky, Andrew Antoine 5 06/03/2014 50 13.67 60,350 16,350


Buzinsky, Andrew Antoine 5 05/11/2013 00







Trican Well Service Ltd. Rights Restricted Share Units (RSUs)

Buzinsky, Andrew Antoine 5 12/03/2014 56 4,684 17


Buzinsky, Andrew Antoine 5 12/03/2014 59 13.86 3,889 -795

Trican Well Service Ltd. Rights Deferred Share Units (DSUs)

Cobbe, Murray Lynn 4 06/03/2014 56 51,295 9,700


Cox, Robert, John 5 06/03/2014 50 13.67 286,300 24,500


Cox, Robert, John 5 06/03/2014 56 13.67 31,750 4,600


Cox, Robert, John 5 06/03/2014 56 13.67 36,350 4,600


Cox, Robert, John 5 06/03/2014 56 13.67 40,950 4,600


Cox, Robert, John 5 24/11/2008 00


Cox, Robert, John 5 06/03/2014 56 6,218 6,218


Croft, Bonita Maria 5 06/03/2014 50 13.67 270,350 26,750








Dusterhoft, Dale M. 5 06/03/2014 50 13.67 732,050 81,550








Dusterhoft, Dale M. 5 06/06/2003 00


Dusterhoft, Dale M. 5 06/03/2014 56 2,195 2,195


Girard, David Joseph 5 06/03/2014 50 13.67 74,200 15,700








Hoskins, Robert Coleman 2 15/01/2014 00

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3006



Acquired/ Disposed


Hoskins, Robert Coleman 2 06/03/2014 50 13.67 75,000 75,000


Jones, David R. 5 06/03/2014 50 13.67 158,300 24,200


Jones, David R. 5 06/03/2014 56 13.67 27,249 4,533


Jones, David R. 5 06/03/2014 56 13.67 31,782 4,533


Jones, David R. 5 06/03/2014 56 13.67 36,316 4,534


Luft, Donald R. 4, 5 06/03/2014 50 13.67 703,950 68,150


Luft, Donald R. 4, 5 06/03/2014 56 13.67 86,183 12,733


Luft, Donald R. 4, 5 06/03/2014 56 13.67 98,916 12,733


Luft, Donald R. 4, 5 06/03/2014 56 13.67 111,650 12,734


McKee, James Simon 5 06/03/2014 50 13.67 142,300 32,300


McKee, James Simon 5 14/05/2013 00








NUGENT, Kevin 4 06/03/2014 56 63,012 7,500


Pourbaix, Alex 4 06/03/2014 56 28,293 7,500


Redmond, Steven, Jeffrey 5 06/03/2014 50 13.67 184,300 16,000








Robinson, Douglas F. 4 06/03/2014 56 86,974 3,800


Venditto, James 5 06/03/2014 50 13.67 147,850 20,050


Venditto, James 5 06/03/2014 56 13.67 19,733 3,767


Venditto, James 5 06/03/2014 56 13.67 23,500 3,767


Venditto, James 5 06/03/2014 56 13.67 27,266 3,766


Wichuk, Randal Bernard 2 06/03/2014 50 13.67 67,125 7,125


Wichuk, Randal Bernard 2 06/03/2014 56 12,496 3,384

Trimel Pharmaceuticals Corporation (formerly J5 Acquisition Corp.)

Options Bryson, Nathan John 5 17/02/2014 00


Options Bryson, Nathan John 5 10/03/2014 50 150,000 150,000


Options Fogarty, Siobhan 7 10/03/2014 50 20,000 10,000


Options Friedrichsen, John 4 10/03/2014 50 100,000 25,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3007



Acquired/ Disposed


Options Gregory, Stephen Robert 4 10/03/2014 50 100,000 25,000


Options Hawkins, Matthew 5 10/03/2014 50 350,000 250,000


Options Howling, Ken 5 10/03/2014 50 981,600 100,000


Options Ihnatowycz, Ian Orest 4, 6 10/03/2014 50 50,000 25,000


Options Pfeffer, Matthew Jonathan 4 27/11/2013 00


Options Pfeffer, Matthew Jonathan 4 10/03/2014 50 50,000 50,000


Options Rossi, Tommaso (Tom) 5 03/08/2011 50 825,000


Options Rossi, Tommaso (Tom) 5 03/08/2011 50 825,000


Options Rossi, Tommaso (Tom) 5 03/08/2011 50 325,000 325,000


Options Rossi, Tommaso (Tom) 5 12/03/2012 50 3.3 428,125


Options Rossi, Tommaso (Tom) 5 12/03/2012 50 3.3 178,125


Options Rossi, Tommaso (Tom) 5 12/03/2012 50 753,125 428,125


Options Rossi, Tommaso (Tom) 5 10/03/2014 50 2,118,325 575,000


Options Sherman, Jeffrey Dennis 4 10/03/2014 50 100,000 25,000


Options Tyrrell, David Lorne John 4 10/03/2014 50 75,000 25,000

Troy Resources Limited Common Shares Parish, Clement Robin Woodbine

4 10/03/2014 10 1.25 12,000


4 10/03/2014 10 1.25 12,000


4 13/03/2014 10 1.356 4,338,668 50,000

True North Apartment Real Estate Investment Trust

Options Drimmer, Daniel 3, 4 10/03/2014 51 2 157,917 -37,917


Trust Units Drimmer, Daniel 3, 4 10/03/2014 51 2 37,917 37,917


Trust Units Drimmer, Daniel 3, 4 10/03/2014 90 0 -37,917


Trust Units Drimmer, Daniel 3, 4 10/03/2014 90 238,089 37,917


Trust Units Drimmer, Daniel 3, 4 10/03/2014 10 8.04 244,089 6,000









Insider Reporting

March 20, 2014

(2014), 37 OSCB 3008



Acquired/ Disposed












Trust Units KNOWLTON, JOHN MICHAEL ARTHUR

4 10/03/2014 30 7.9214 6,820 668


Options Liddell, Martin 5 10/03/2014 51 2 84,167 -4,167


Trust Units Liddell, Martin 5 10/03/2014 51 2 11,983 4,167


Trust Units McKee, Robert 4 10/03/2014 30 7.9214 5,081 1,069


Trust Units Ossip, Alon Samuel 4 10/03/2014 30 7.9214 3,842 740


Trust Units Rosenberg, Graham Lawrence

4 10/03/2014 30 7.9214 1,455 1,455

TVI Pacific Inc. Options Ridsdel, John Bramwell 5 17/12/2013 52 2,250,000 -22,900 Twin Butte Energy Ltd. Common Shares Bowman, Robert D. 5 07/03/2014 30 2.3 45,843 1,449 Twin Butte Energy Ltd. Common Shares Gamache, Claude Maurice 5 07/03/2014 30 2.3 334,789 1,507 Twin Butte Energy Ltd. Common Shares Hall, Bruce William 5 07/03/2014 30 2.3 561,240 2,203 Twin Butte Energy Ltd. Common Shares Howe, Gordon 5 07/03/2014 30 2.3 51,530 1,087 Twin Butte Energy Ltd. Common Shares Kraft, Preston 5 07/03/2014 30 2.3 190,553 1,565 Twin Butte Energy Ltd. Common Shares SAUNDERS, JAMES

MACLEO 4, 5 07/03/2014 30 2.3 4,799,552 2,319

Twin Butte Energy Ltd. Common Shares Steele, Alan 5 07/03/2014 30 2.3 2,348 Twin Butte Energy Ltd. Common Shares Steele, Alan 5 07/03/2014 30 2.3 1,131,732 3,137 Unigold Inc. Warrants Inwentash, Sheldon 3, 6 08/03/2014 55 0.5 750,000 -1,750,000 Unigold Inc. Warrants Pinetree Capital Ltd. 3 08/03/2014 55 0.5 750,000 -1,750,000 Ur-Energy Inc. Common Shares Cash, John William 5 10/03/2014 51 0.89 153,233 115,324 Ur-Energy Inc. Common Shares Cash, John William 5 10/03/2014 10 1.8 37,909 -115,324 Ur-Energy Inc. Common Shares Cash, John William 5 11/03/2014 51 1.17 86,886 48,977 Ur-Energy Inc. Common Shares Cash, John William 5 11/03/2014 51 1.57 186,886 100,000 Ur-Energy Inc. Common Shares Cash, John William 5 11/03/2014 10 1.664 37,909 -148,977 Ur-Energy Inc. Options Cash, John William 5 10/03/2014 51 352,593 -115,324 Ur-Energy Inc. Options Cash, John William 5 11/03/2014 51 303,616 -48,977 Ur-Energy Inc. Options Cash, John William 5 11/03/2014 51 203,616 -100,000 Ur-Energy Inc. Common Shares Goplerud, Penne Ann 5 06/03/2014 51 0.9 66,849 30,710 Ur-Energy Inc. Common Shares Goplerud, Penne Ann 5 06/03/2014 10 1.853 36,139 -30,710 Ur-Energy Inc. Options Goplerud, Penne Ann 5 08/05/2013 52 467,535 -15,000 Ur-Energy Inc. Options Goplerud, Penne Ann 5 06/03/2014 51 496,011 -30,710 Ur-Energy Inc. Common Shares Hatten, Steven Marcal 5 10/03/2014 51 0.81 146,419 120,595 Ur-Energy Inc. Common Shares Hatten, Steven Marcal 5 10/03/2014 10 1.77 25,824 -120,595 Ur-Energy Inc. Options Hatten, Steven Marcal 5 08/05/2013 52 439,660 -25,000 Ur-Energy Inc. Options Hatten, Steven Marcal 5 10/03/2014 51 374,785 -120,595 Uranium Participation Corporation

Common Shares Bennett, Paul Joesph 7 14/03/2014 10 5.76 8,740 7,100

US Financial 15 Split Corp. Class A Shares Finch, S. Wayne 4, 5 28/11/2008 10 4 1,500 US Financial 15 Split Corp. Class A Shares Finch, S. Wayne 4, 5 28/11/2008 10 3.99 200 US Financial 15 Split Corp. Class A Shares Finch, S. Wayne 4, 5 27/06/2012 37 43,000 -17,000 US Financial 15 Split Corp. Class A Shares Finch, S. Wayne 4, 5 27/03/2013 54 5.15 87,900 44,900 US Financial 15 Split Corp. Preferred Shares Finch, S. Wayne 4, 5 28/11/2008 10 4 1,500 1,500 US Financial 15 Split Corp. Preferred Shares Finch, S. Wayne 4, 5 28/11/2008 10 3.99 1,700 200 US Financial 15 Split Corp. Preferred Shares Finch, S. Wayne 4, 5 18/12/2008 10 4.88 2,400 US Financial 15 Split Corp. Preferred Shares Finch, S. Wayne 4, 5 18/12/2008 10 4.88 2,300 600 US Financial 15 Split Corp. Preferred Shares Finch, S. Wayne 4, 5 27/03/2013 54 5.15 89,800 44,900 US Financial 15 Split Corp. Warrants 2013 Finch, S. Wayne 4, 5 27/01/2005 00

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3009



Acquired/ Disposed

US Financial 15 Split Corp. Warrants 2013 Finch, S. Wayne 4, 5 23/06/2012 53 5.15 44,900 44,900 US Financial 15 Split Corp. Warrants 2013 Finch, S. Wayne 4, 5 27/03/2013 54 5.15 0 -44,900 US Financial 15 Split Corp. Warrants 2014 Finch, S. Wayne 4, 5 27/01/2005 00 US Financial 15 Split Corp. Warrants 2014 Finch, S. Wayne 4, 5 23/06/2012 53 5.4 44,900 44,900 Valeant Pharmaceuticals International, Inc.

Performance Share Units Pearson, J. Michael 4, 5 11/03/2014 97 1,125,994 502,996

Valener Inc. Common Shares Deschamps, Marie 7 10/03/2014 00 1,700 Valener Inc. Preferred Shares série A Deschamps, Marie 7 10/03/2014 00 600 Vela Minerals Ltd. Common Shares Chebry, Charles Richard 3, 4 28/02/2014 10 0.05 4,135,000 80,000 Vermilion Energy Inc. Common Shares Donadeo, Lorenzo 4, 5 06/03/2014 46 63.49 3,232,513 2,883 Vermilion Energy Inc. Common Shares Donovan, John 5 06/03/2014 46 63.49 155,529 1,322 Vermilion Energy Inc. Common Shares Hergott, Terrance Gerald 5 06/03/2014 46 63.49 10,793 692 Vermilion Energy Inc. Common Shares Hicks, Curtis W. 5 06/03/2014 46 63.49 109,743 1,442 Vermilion Energy Inc. Common Shares Jasinski, Mona Jean 5 06/03/2014 46 63.49 33,394 1,324 Vermilion Energy Inc. Common Shares Marino, Anthony William 5 06/03/2014 46 63.49 27,102 1,922 Victory Nickel Inc. Common Shares Nuinsco Resources Limited 3 11/03/2014 10 0.065 59,390,615 -138,000 VVC Exploration Corporation Common Shares Barnes, Kevin 5 10/03/2014 11 0.05 398,250 100,000 VVC Exploration Corporation Warrants Barnes, Kevin 5 25/09/2008 00 VVC Exploration Corporation Warrants Barnes, Kevin 5 10/03/2014 11 0.12 100,000 100,000 VVC Exploration Corporation Common Shares Culver, James A. 4, 5 05/03/2014 11 0.05 4,923,441 660,000 VVC Exploration Corporation Common Shares Culver, James A. 4, 5 14/03/2014 47 4,263,441 -660,000 VVC Exploration Corporation Warrants Culver, James A. 4, 5 09/05/2011 00 VVC Exploration Corporation Warrants Culver, James A. 4, 5 05/03/2014 11 660,000 660,000 VVC Exploration Corporation Common Shares Lafrance, Michel Jacques 4, 5 05/03/2014 11 0.05 719,750 100,000 VVC Exploration Corporation Common Shares Lafrance, Michel Jacques 4, 5 05/03/2014 11 0.05 534,500 100,000 VVC Exploration Corporation Warrants Lafrance, Michel Jacques 4, 5 05/03/2014 11 325,000 100,000 VVC Exploration Corporation Warrants Lafrance, Michel Jacques 4, 5 05/03/2014 11 325,000 100,000 VVC Exploration Corporation Common Shares Martell, Terrence 4 14/03/2014 11 0.05 1,016,000 200,000 Wesdome Gold Mines Ltd. Common Shares Raykov, Rostislav Christov 4 12/03/2014 10 0.93 754,000 24,500 West African Resources Limited

Options Lulin, Jean-Marc 4 29/01/2014 00

West African Resources Limited

Options Lulin, Jean-Marc 4 29/01/2014 00 162,500

West African Resources Limited

Ordinary Shares Lulin, Jean-Marc 4 29/01/2014 00 85,000

West Fraser Timber Co. Ltd. Options Ferris, Raymond William 5 10/03/2014 59 99,800 -3,028 West Fraser Timber Co. Ltd. Options Ferris, Raymond William 5 10/03/2014 59 94,200 -5,600 West Fraser Timber Co. Ltd. Options Ferris, Raymond William 5 10/03/2014 59 89,200 -5,000 West Red Lake Gold Mines Inc.(Formerly Hy Lake Gold Inc.)

Common Shares Kontak, John 5 12/03/2014 00 1,095,000

West Red Lake Gold Mines Inc.(Formerly Hy Lake Gold Inc.)

Warrants Kontak, John 5 12/03/2014 00 300,000

Western Energy Services Corp.

Common Shares Alford, Thomas Malcolm 4 04/03/2014 10 9.45 850,000 -39,000




Common Shares Alford, Thomas Malcolm 4 07/03/2014 10 9.5 -35,000



Western Lithium USA Corporation

Common Shares Orion Mine Finance (Master) Fund I LP (formerly RK Mine Finance (Master) Fund II L.P.)

3 05/03/2014 10 0.65 19,794,500 -20,000



3 06/03/2014 10 0.6276 19,396,500 -398,000



3 10/03/2014 10 0.635 18,800,500 -596,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3010



Acquired/ Disposed



3 11/03/2014 10 0.6509 18,505,000 -295,500


Common Shares Sheriff, William Morris 4 07/03/2014 10 0.54 60,000 20,000

WestJet Airlines Ltd. Common Shares - Voting Culmone, Vito 5 12/03/2014 57 31,953 14,316 WestJet Airlines Ltd. Rights 2011 Share Units Culmone, Vito 5 12/03/2014 57 0 -11,341 WestJet Airlines Ltd. Common Shares - Voting Cummings, Robert 5 10/03/2014 10 25.5 22,600 -2,000 WestJet Airlines Ltd. Common Shares - Voting Cummings, Robert 5 10/03/2014 10 25.51 17,235 -5,365 WestJet Airlines Ltd. Common Shares - Voting Cummings, Robert 5 12/03/2014 57 31,551 14,316 WestJet Airlines Ltd. Rights 2011 Share Units Cummings, Robert 5 12/03/2014 57 0 -11,341 WestJet Airlines Ltd. Common Shares - Voting Pugliese, Ferio 5 12/03/2014 57 56,462 14,316 WestJet Airlines Ltd. Common Shares - Voting Pugliese, Ferio 5 14/03/2014 10 24.689 46,462 -10,000 WestJet Airlines Ltd. Rights 2011 Share Units Pugliese, Ferio 5 12/03/2014 57 0 -11,341 WestJet Airlines Ltd. Common Shares - Voting Saretsky, Gregg Albert 5 12/03/2014 57 115,634 45,050 WestJet Airlines Ltd. Common Shares - Voting Saretsky, Gregg Albert 5 14/03/2014 10 24.744 108,134 -7,500 WestJet Airlines Ltd. Rights 2011 Share Units Saretsky, Gregg Albert 5 12/03/2014 57 0 -35,690 Wi-LAN Inc. Restricted Share Unit McEwan, Michael Shaun 5 07/03/2014 57 3.38 86,948 -2,713 Wi-LAN Inc. Restricted Share Unit Skippen, James 4, 5 07/03/2014 57 3.38 173,716 -18,152 Wi-LAN Inc. Restricted Share Unit Vladescu, Michael 5 07/03/2014 57 3.38 108,434 -2,339 Wi-LAN Inc. Restricted Share Unit Vladescu, Michael 5 09/03/2014 57 3.38 95,100 -13,334 Wi-LAN Inc. Restricted Share Unit Watchmaker, Prashant 5 07/03/2014 57 3.38 63,749 -2,199 Wolfpack Gold Corp. Common Shares Sheriff, William Morris 4 13/03/2014 10 0.095 2,772,167 100,000 Wolfpack Gold Corp. Common Shares Sheriff, William Morris 4 13/03/2014 10 0.09 2,972,167 200,000 Xtreme Drilling and Coil Services Corp.

Common Shares Porter, Matthew Steven 5 12/03/2014 57 4.36 19,667 4,667

Xtreme Drilling and Coil Services Corp.

Options Porter, Matthew Steven 5 12/03/2014 57 4.36 393,142 -4,667

Yieldplus Income Fund Trust Units YIELDPLUS Income Fund 1 11/03/2014 38 7.65 84,738,694 800 Yieldplus Income Fund Trust Units YIELDPLUS Income Fund 1 13/03/2014 10 7.67 84,723,694 -15,000 Yoho Resources Inc. Common Shares Drader, Clark Warren 5 07/03/2014 10 3.47 194,185 -40,900 Yoho Resources Inc. Common Shares Drader, Clark Warren 5 11/03/2014 10 3.46 185,085 -9,100 Yoho Resources Inc. Common Shares McLachlan, Brian 4, 5 06/03/2014 51 2.6 1,178,784 200,000 Yoho Resources Inc. Options McLachlan, Brian 4, 5 06/03/2014 51 2.6 370,000 -200,000 Yoho Resources Inc. Common Shares Niebergall, Gregory 5 12/03/2014 51 1.46 68,730 40,000 Yoho Resources Inc. Options Niebergall, Gregory 5 12/03/2014 51 1.46 320,000 -40,000 Yoho Resources Inc. Common Shares Olson, Kevin 4 11/03/2014 51 2.6 329,939 50,000 Yoho Resources Inc. Common Shares Olson, Kevin 4 11/03/2014 51 2.8 336,605 6,666 Yoho Resources Inc. Options Olson, Kevin 4 11/03/2014 51 2.6 70,000 -50,000 Yoho Resources Inc. Options Olson, Kevin 4 11/03/2014 51 2.8 63,334 -6,666 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 07/03/2014 10 3.46 145,859 -700 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 12/03/2014 51 2.6 149,859 4,000 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 12/03/2014 10 3.42 145,859 -4,000 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 13/03/2014 51 2.6 153,859 8,000 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 13/03/2014 10 3.41 145,859 -8,000 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 14/03/2014 51 2.6 204,259 58,400 Yoho Resources Inc. Common Shares Woolsey, Wendy S 5 14/03/2014 10 3.35 145,859 -58,400 Yoho Resources Inc. Options Woolsey, Wendy S 5 12/03/2014 51 2.6 496,000 -4,000 Yoho Resources Inc. Options Woolsey, Wendy S 5 13/03/2014 51 2.6 488,000 -8,000 Yoho Resources Inc. Options Woolsey, Wendy S 5 14/03/2014 51 2.6 429,600 -58,400 Yorbeau Resources Inc. Common Shares Class A Anglo Pacific Group Plc 3 12/03/2014 10 0.18 21,438,857 -126,000 Yorbeau Resources Inc. Common Shares Class A Anglo Pacific Group Plc 3 13/03/2014 10 0.18 21,339,857 -99,000 ZADAR VENTURES LTD. Common Shares Tommasi, Mark 4 07/03/2014 10 0.28 175,000 -23,000 Zargon Oil & Gas Ltd. Common Shares Burden, Leslie Edward 5 03/03/2014 30 7.981 13,079 174 Zargon Oil & Gas Ltd. Common Shares Burden, Leslie Edward 5 03/03/2014 30 7.981 9,974 74 Zargon Oil & Gas Ltd. Restricted Share Awards Burden, Leslie Edward 5 13/03/2014 56 32,800 12,400 Zargon Oil & Gas Ltd. Common Shares Doetzel, Randolph John 5 03/03/2014 30 7.981 1,049 268 Zargon Oil & Gas Ltd. Restricted Share Awards Doetzel, Randolph John 5 13/03/2014 56 44,300 15,100 Zargon Oil & Gas Ltd. Common Shares Dranchuk, Jason Brent 5 03/03/2014 30 7.981 18,422 160

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3011



Acquired/ Disposed

Zargon Oil & Gas Ltd. Common Shares Dranchuk, Jason Brent 5 03/03/2014 30 7.981 8,428 131 Zargon Oil & Gas Ltd. Restricted Share Awards Dranchuk, Jason Brent 5 13/03/2014 56 56,560 13,860 Zargon Oil & Gas Ltd. Common Shares Hansen, Craig Henry 4, 5 03/03/2014 30 7.981 700,372 243 Zargon Oil & Gas Ltd. Common Shares Hansen, Craig Henry 4, 5 14/03/2014 10 7.65 709,372 9,000 Zargon Oil & Gas Ltd. Common Shares Hansen, Craig Henry 4, 5 03/03/2014 30 7.981 576,308 131 Zargon Oil & Gas Ltd. Common Shares Hansen, Craig Henry 4, 5 13/03/2014 10 7.61 582,308 6,000 Zargon Oil & Gas Ltd. Restricted Share Awards Hansen, Craig Henry 4, 5 13/03/2014 56 62,900 18,900 Zargon Oil & Gas Ltd. Common Shares Hustad, Christopher Michael 5 03/03/2014 30 7.981 14,215 245 Zargon Oil & Gas Ltd. Restricted Share Awards Hustad, Christopher Michael 5 13/03/2014 56 35,900 11,700 Zargon Oil & Gas Ltd. Common Shares Janjua, Pete Hardeep Singh 5 03/03/2014 30 7.981 8,393 263 Zargon Oil & Gas Ltd. Restricted Share Awards Janjua, Pete Hardeep Singh 5 13/03/2014 56 40,700 14,200 Zargon Oil & Gas Ltd. Common Shares Kergan, Brian 5 03/03/2014 30 7.981 52,766 172 Zargon Oil & Gas Ltd. Common Shares Kergan, Brian 5 03/03/2014 30 7.981 28,772 114 Zargon Oil & Gas Ltd. Restricted Share Awards Kergan, Brian 5 13/03/2014 56 49,660 13,860 Zargon Oil & Gas Ltd. Common Shares Lee, Kevin Chin Yu 5 03/03/2014 30 7.981 3,107 245 Zargon Oil & Gas Ltd. Restricted Share Awards Lee, Kevin Chin Yu 5 13/03/2014 56 39,200 11,700 Zargon Oil & Gas Ltd. Common Shares Moriyama, Robert Todd 5 03/03/2014 30 7.981 11,574 282 Zargon Oil & Gas Ltd. Restricted Share Awards Moriyama, Robert Todd 5 13/03/2014 56 50,760 21,360 Zazu Metals Corporation Common Shares Atzmon, Gil 5 10/03/2014 51 0.3 5,280,500 800,000 Zazu Metals Corporation Options Atzmon, Gil 5 10/03/2014 51 0.3 300,000 -800,000 Zazu Metals Corporation Common Shares Ford, Matthew Thomas 5 10/03/2014 51 0.3 225,500 175,000 Zazu Metals Corporation Options Ford, Matthew Thomas 5 10/03/2014 51 0.3 325,000 -175,000

Insider Reporting

March 20, 2014

(2014), 37 OSCB 3012


March 20, 2014

(2014), 37 OSCB 3013

Chapter 8

Notice of Exempt Financings REPORT OF TRADES ON FORM 45-106F1 AND 45-501F1

Transaction Date No. of

Purchasers Issuer/Security Total Purchase

Price ($) No. of

Securities Distributed

02/12/2014 2 ANFIELD RESOURCES INC. - Units 162,000.00 600,000.00

05/31/2013 to 12/31/2013

6 Archdiocese of Toronto Balanced Master Trust - Units

172,890,706.38 17,257,427.72

05/17/2013 to 10/31/2013

6 Archdiocese of Toronto Fixed Income Master Trust - Units

73,373,585.67 7,344,973.18

01/30/2014 to 02/03/2014

8 Bowmore Exploration Ltd. - Units 325,110.00 2,280,846.00

02/18/2014 5 CARIBOU KING RESOURCES LTD. - Units 184,000.00 3,680,000.00

02/18/2014 53 CRAZY HORSE RESOURCES INC. - Units 1,300,000.00 26,000,000.00

02/14/2014 to 02/21/2014

31 DONNER METALS LTD. - Common Shares 1,035,476.00 8,628,966.00

02/25/2014 11 First Sahara Energy Inc. - Common Shares 165,000.00 3,300,000.00

02/25/2014 7 First Sahara Energy Inc. - Flow-Through Shares 62,440.00 892,000.00

08/01/2013 1 LMAP Alpha Limited - Special Shares 67,197,000.00 N/A

03/01/2013 to 10/01/2013

1 LMAP Epsilon Limited - Special Shares 167,431,250.00 N/A

07/11/2013 1 LMAP Eta Limited - Special Shares 103,890,000.00 N/A

08/23/2013 to 11/01/2013

1 LMAP Gamma Limited - Special Shares 178,982,010.00 N/A

09/23/2013 1 LMAP Lota Limited - Special Shares 51,415,000.00 N/A

12/13/2013 1 LMAP Xi Limited - Special Shares 51,915,500.00 N/A

04/01/2013 to 11/01/2013

1 LMAP ZETA Limited - Special Shares 167,513,115.00 N/A

02/18/2014 2 LTP Financing Inc. - Bonds 16,000.00 16.00

09/18/2013 3 LTP Financing Inc. (Amended) - Bonds 43,000.00 43.00

02/01/2013 to 12/01/2013

3 Mercer Canadian Hedge Fund Investors Ltd. - Units

11,500,000.00 11,500.00

01/30/2014 26 Mettrum Ltd. - Common Shares 5,588,607.26 454,728.00

02/10/2014 1 MIRACULINS INC. - Common Shares 16,667.00 33,333.00

01/01/2013 to 12/01/2013

2 MMCAP Fund Inc. - Common Shares 460,465.00 N/A

01/01/2013 to 1 MMCAP Fund Inc. - Units 250,000.00 N/A

Notice of Exempt Financings

March 20, 2014

(2014), 37 OSCB 3014

Transaction Date No. of Purchasers

Issuer/Security Total Purchase Price ($)

No. of Securities

Distributed

12/01/2013

01/01/2013 to 12/01/2013

1 MMCAP Fund Inc. - Units 198,878.17 N/A

01/01/2013 to 12/31/2013

1 MMCAP Fund Inc. - Units 50,000.00 N/A

01/01/2013 to 12/01/2013

2 MMCAP Fund Inc. - Units 1,000,000.00 N/A

02/06/2014 5 NOKA RESOURCES INC. - Units 59,000.00 5,975,000.00

01/27/2014 3 ONE Gas, Inc. - Notes 17,756,800.00 16,000.00

02/04/2014 9 Organic Potash Corporation - Units 220,000.00 2,200,000.00

01/01/2013 to 12/31/2013

122 Picton Mahoney Diversified Strategies Fund - Units

9,101,417.80 N/A

01/01/2013 to 12/31/2013

269 Picton Mahoney Global Long Short Equity Fund - Units

23,648,012.54 N/A

01/01/2013 to 12/31/2013

646 Picton Mahoney Global Market Neutral Equity Fund - Units

52,488,671.62 N/A

01/01/2013 to 12/31/2013

1143 Picton Mahoney Income Opportunities Fund - Units

71,616,697.95 N/A

01/01/2013 to 12/31/2013

171 Picton Mahoney Long Short Emerging Markets Fund - Units

7,655,491.03 N/A

01/01/2013 to 12/31/2013

215 Picton Mahoney Long Short Equity Fund - Units 12,917,156.03 N/A

01/01/2013 to 12/31/2013

30 Picton Mahoney Long Short Global Resource Fund - Units

895,471.22 N/A

01/01/2013 to 12/31/2013

357 Picton Mahoney Market Neutral Equity Fund - Units

65,872,218.09 N/A

01/01/2013 to 12/31/2013

224 Picton Mahoney Premium Fund - Units 3,276,632.72 N/A

02/07/2014 68 SLYCE INC. - Units 2,453,250.00 4,960,500.00

01/10/2014 295 STEEL REEF INFRASTURE CORP. - Common Shares

33,279,000.00 33,279,000.00

02/13/2014 7 THERMOCERAMIX, INC. - Common Shares 325,000.00 6,500,000.00

02/09/2014 1 TORONTO MOBILE LISTINGS INC. - Common Shares

86,480.00 8.00

02/18/2014 1 UBIQUITY INIVERSITY - Common Shares 54,695.00 400,000.00

02/10/2014 to 02/13/2014

5 UBS (CANADA) HIGH YIELD DEBT FUND - Units

61,959.00 4,090,229.00

01/02/2013 to 12/02/2013

176 Waratah Performance Trust - Units 24,600,281.60 N/A

01/02/2013 to 12/02/2013

3 Waratah Performance Trust - Units 934,123.73 N/A


March 20, 2014

(2014), 37 OSCB 3015

Transaction Date No. of Purchasers

Issuer/Security Total Purchase Price ($)

No. of Securities

Distributed

01/02/2013 to 12/02/2013

87 Waratah Performance Trust - Units 7,109,852.40 N/A

01/02/2013 to 12/31/2013

6 Waratah Performance Trust - Units 500,000.00 N/A


March 20, 2014

(2014), 37 OSCB 3016


March 20, 2014

(2014), 37 OSCB 3017

Chapter 11

IPOs, New Issues and Secondary Financings Issuer Name: AGF Global Concentrated Fund AGF Global Resources Fund AGF Tactical Fund AGF U.S. Small-Mid Cap Fund Principal Regulator - Ontario Type and Date: Preliminary Simplified Prospectuses dated March 13, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: Series Q and Series S Securities Underwriter(s) or Distributor(s): AGF Funds Inc. Promoter(s): AGF Investments Inc. Project #2175552 _______________________________________________ Issuer Name: Altamira Global Small Company Fund Altamira High Yield Bond Fund Altamira International Currency Neutral Index Fund Altamira Quebec Growth Fund Altamira Resource Fund Altamira Tactical Asset Allocation Fund Altamira U.S. Currency Neutral Index Fund Altamira U.S. Equity Fund National Bank Global Equity Fund National Bank Money Market Fund Omega Canadian Equity Fund Omega Consensus American Equity Fund Omega Consensus International Equity Fund Westwood Global Dividend Fund Westwood Global Equity Fund Principal Regulator - Quebec Type and Date: Preliminary Simplified Prospectuses dated March 12, 2014 NP 11-202 Receipt dated March 13, 2014 Offering Price and Description: Institutional Series, F Series, F5 Series, M Series, O Series and T5 Series Securities Underwriter(s) or Distributor(s): National Bank Securities Inc. Promoter(s): National Bank Securities Inc. Project #2175342 _______________________________________________

Issuer Name: BNK Petroleum Inc. Principal Regulator - British Columbia Type and Date: Preliminary Short Form Prospectus dated March 11, 2014 NP 11-202 Receipt dated March 13, 2014 Offering Price and Description: $35,002,000.00 - 15,910,000 Common Shares Price: $2.20 per Common Share Underwriter(s) or Distributor(s): MACQUARIE CAPITAL MARKETS CANADA LTD. GMP SECURITIES L.P. TD SECURITIES INC. CORMARK SECURITIES INC. Promoter(s): - Project #2174663 _______________________________________________ Issuer Name: Brookfield Canada Office Properties Principal Regulator - Ontario Type and Date: Preliminary Base Shelf Prospectus dated March 13, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: $750,000,000.00 Trust Units Debt Securities Underwriter(s) or Distributor(s): - Promoter(s): - Project #2175555 _______________________________________________

IPOs, New Issues and Secondary Financings

March 20, 2014

(2014), 37 OSCB 3018

Issuer Name: Callidus Capital Corporation Principal Regulator - Ontario Type and Date: Preliminary Long Form Prospectus dated March 13, 2014 NP 11-202 Receipt dated March 13, 2014 Offering Price and Description: $ * - * Common Shares Price: $ * per Offered Share Underwriter(s) or Distributor(s): CANACCORD GENUITY CORP. CIBC WORLD MARKETS INC. TD SECURITIES INC. NATIONAL BANK FINANCIAL INC. GMP SECURITIES L.P. DESJARDINS SECURITIES INC. DUNDEE SECURITIES LTD. Promoter(s): - Project #2175482 _______________________________________________ Issuer Name: Cayden Resources Inc. Principal Regulator - British Columbia Type and Date: Preliminary Short Form Prospectus dated March 13, 2014 NP 11-202 Receipt dated March 13, 2014 Offering Price and Description: $7,837,000.00 - 4,610,000 Common Shares Price: $1.70 per Offered Share Underwriter(s) or Distributor(s): BEACON SECURITIES LIMITED CANACCORD GENUITY CORP. Promoter(s): - Project #2175495 _______________________________________________ Issuer Name: Discovery Air Inc. Principal Regulator - Ontario Type and Date: Preliminary Short Form Prospectus dated March 14, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: OFFERING OF * RIGHTS TO SUBSCRIBE FOR UP TO * COMMON SHARES Price: $ * per Common Share Underwriter(s) or Distributor(s): - Promoter(s): - Project #2175998 _______________________________________________

Issuer Name: ENCANTO POTASH CORP. Principal Regulator - British Columbia Type and Date: Preliminary Short Form Prospectus dated March 11, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: $ * - * Units Price: $ * per Unit and $ * - * Flow-Through Units Price: $ * per Flow-Through Unit Underwriter(s) or Distributor(s): Secutor Capital Management Corporation Haywood Securities Inc. Promoter(s): - Project #2174497 _______________________________________________ Issuer Name: Gear Energy Ltd. Principal Regulator - Alberta Type and Date: Preliminary Short Form Prospectus dated March 12, 2014 NP 11-202 Receipt dated March 13, 2014 Offering Price and Description: $56,000,000.00 - 14,000,000 Common Shares Price: $4.00 per Common Share Underwriter(s) or Distributor(s): FirstEnergy Capital Corp. Peters & Co. Limited RBC Dominion Securities Inc. GMP Securities L.P. Haywood Securities Inc. AltaCorp Capital Inc. Promoter(s): - Project #2174968 _______________________________________________ Issuer Name: Genesis Trust II Principal Regulator - Ontario Type and Date: Preliminary Base Shelf Prospectus dated March 14, 2014 NP 11-202 Receipt dated March 17, 2014 Offering Price and Description: Up to $7,000,000,000 Real Estate Secured Line of Credit Backed Notes Underwriter(s) or Distributor(s): TD SECURITIES INC. BMO NESBITT BURNS INC. CIBC WORLD MARKETS INC. NATIONAL BANK FINANCIAL INC. RBC DOMINION SECURITIES INC. SCOTIA CAPITAL INC. Promoter(s): The Toronto-Dominion Bank Project #2176099 _______________________________________________


March 20, 2014

(2014), 37 OSCB 3019

Issuer Name: Lumenpulse Inc. Principal Regulator - Quebec Type and Date: Amended and Restated Preliminary Long Form dated March 14, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: $ * - * Common Shares Price: $ * per Common Share Underwriter(s) or Distributor(s): CANACCORD GENUITY CORP. NATIONAL BANK FINANCIAL INC. BMO NESBITT BURNS INC. SCOTIA CAPITAL INC. RAYMOND JAMES LTD. Promoter(s): - Project #2172138 _______________________________________________ Issuer Name: Meritas Canadian Bond Fund Meritas International Equity Fund Meritas Jantzi Social Index Fund Meritas Money Market Fund Meritas Monthly Dividend and Income Fund Meritas U.S. Equity Fund OceanRock Canadian Equity Fund OceanRock International Equity Fund OceanRock U.S. Equity Fund Principal Regulator - British Columbia Type and Date: Preliminary Simplified Prospectuses dated March 10, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: Series O units Underwriter(s) or Distributor(s): - Promoter(s): OceanRock Investments Inc Project #2174244 _______________________________________________

Issuer Name: Primero Mining Corp. Principal Regulator - British Columbia Type and Date: Preliminary Short Form Prospectus dated March 11, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: $224,288,640.00 - 31,151,200 Common Shares Price $7.20 per Offered Share Underwriter(s) or Distributor(s): CANACCORD GENUITY CORP. CIBC WORLD MARKETS INC. GMP SECURITIES L.P. RBC DOMINION SECURITIES INC. SCOTIA CAPITAL INC. TD SECURITIES INC. Promoter(s): - Project #2174570 _______________________________________________ Issuer Name: Purpose Best Ideas Fund Purpose Core Dividend Fund Purpose Duration Hedged Real Estate Fund Purpose Monthly Income Fund Purpose Tactical Hedged Equity Fund Purpose Total Return Bond Fund Principal Regulator - Ontario Type and Date: Preliminary Simplified Prospectuses dated March 7, 2014 NP 11-202 Receipt dated March 12, 2014 Offering Price and Description: ETF shares, ETF non-currency hedged shares, Series A shares, Series A U.S. dollar denominated shares, Series A non-currency hedged shares, Series F shares, Series F U.S. dollar denominated shares, Series F non-currency hedged shares, Series I shares, Series D shares, Series XA shares and Series XF shares Underwriter(s) or Distributor(s): - Promoter(s): Purpose Investments Inc. Project #2174276 _______________________________________________ Issuer Name: SQI Diagnostics Inc. Principal Regulator - Ontario Type and Date: Preliminary Short Form Prospectus dated March 12, 2014 NP 11-202 Receipt dated March 12, 2014 Offering Price and Description: $ * - * Units Price: $* per Unit Underwriter(s) or Distributor(s): Euro Pacific Canada Inc. Promoter(s): - Project #2174819 _______________________________________________


March 20, 2014

(2014), 37 OSCB 3020

Issuer Name: UBS (Canada) High Yield Debt Fund Type and Date: Preliminary Simplified Prospectus dated March 14, 2014 Receipted on March 17, 2014 Offering Price and Description: Series A, D and F Units Underwriter(s) or Distributor(s): - Promoter(s): UBS Global Asset Management (Canada) Inc. Project #2176138 _______________________________________________ Issuer Name: West Kirkland Mining Inc. Principal Regulator - British Columbia Type and Date: Preliminary Short Form Prospectus dated March 10, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: Minimum Offering: $25,000,000.00 - * Units Maximum Offering: $30,000,000.00 - * Units Price: $ * per Unit Underwriter(s) or Distributor(s): CORMARK SECURITIES INC. PI FINANCIAL CORP. GMP SECURITIES L.P. MACQUARIE CAPITAL MARKETS CANADA LTD. Promoter(s): - Project #2174368 _______________________________________________ Issuer Name: WSP Global Inc. Principal Regulator - Quebec Type and Date: Preliminary Short Form Prospectus dated March 14, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: $179,998,750.00 - 5,333,000 Common Shares Price: $33.75 per Common Share Underwriter(s) or Distributor(s): CIBC WORLD MARKETS INC. RAYMOND JAMES LTD. BMO NESBITT BURNS INC. NATIONAL BANK FINANCIAL INC. HSBC SECURITIES (CANADA) INC. RBC DOMINION SECURITIES INC. TD SECURITIES INC. DESJARDINS SECURITIES INC. DUNDEE SECURITIES LTD. SCOTIA CAPITAL INC. CANACCORD GENUITY CORP. LAURENTIAN BANK SECURITIES INC. Promoter(s): - Project #2175600 _______________________________________________

Issuer Name: AGF Elements Global Portfolio (Mutual Fund Series, Series D, Series F, Series J, Series O and Series Q Securities) AGF Elements Global Portfolio Class (Mutual Fund Series, Series D, Series F, Series O and Series Q Securities) AGF Global Government Bond Fund (Mutual Fund Series, Series F and Series O Securities) AGF Income Focus Fund (Mutual Fund Series, Series F, Series O, Series T and Series V Securities) Principal Regulator - Ontario Type and Date: Amendment #5 dated March 5, 2014 to the Simplified Prospectuses and Annual Information Form dated April 19, 2013 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: - Underwriter(s) or Distributor(s): AGF Funds Inc. Promoter(s): AGF INVESTMENTS INC. Project #2027007 _______________________________________________ Issuer Name: Bank of Montreal Principal Regulator - Ontario Type and Date: Final Base Shelf Prospectus dated March 13, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: $8,000,000,000.00 Debt Securities (subordinated indebtedness) Common Shares Class A Preferred Shares Class B Preferred Shares Underwriter(s) or Distributor(s): - Promoter(s): - Project #2172982 _______________________________________________


March 20, 2014

(2014), 37 OSCB 3021

Issuer Name: Boulevard Industrial Real Estate Investment Trust Principal Regulator - Ontario Type and Date: Final Long Form Prospectus dated March 12, 2014 NP 11-202 Receipt dated March 13, 2014 Offering Price and Description: $1,500,000.00: 8,823,530 Units Price: $0.17 Per Unit; and $3,500,000.00: 7.0% Unsecured Convertible Debentures Price: $1,000 per Convertible Debenture Aggregate gross proceeds: $5,000,000.00 Underwriter(s) or Distributor(s): Laurentian Bank Securities Inc. Promoter(s): HHT Investments Inc. Project #2162339 _______________________________________________ Issuer Name: Canadian Imperial Bank of Commerce Principal Regulator - Ontario Type and Date: Final Base Shelf Prospectus dated March 11, 2014 NP 11-202 Receipt dated March 12, 2014 Offering Price and Description: $8,000,000,000.00 Debt Securities (unsubordinated indebtedness) Debt Securities (subordinated indebtedness) Common Shares Class A Preferred Shares Underwriter(s) or Distributor(s): - Promoter(s): - Project #2172159 _______________________________________________ Issuer Name: Exemplar Performance Fund Exemplar Real Assets Fund Principal Regulator - Ontario Type and Date: Final Simplified Prospectuses dated March 6, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: Series A, Series L, Series F and Series I units Underwriter(s) or Distributor(s): BluMont Capital Corporation Promoter(s): BluMont Capital Corporation Project #2151507 _______________________________________________

Issuer Name: First National Financial Corporation Principal Regulator - Ontario Type and Date: Final Short Form Prospectus dated March 14, 2014 NP 11-202 Receipt dated March 14, 2014 Offering Price and Description: Cdn$49,800,000.00 2,000,000 Common Shares Price: $24.90 per Offered Share Underwriter(s) or Distributor(s): RBC Dominion Securities Inc. TD Securities Inc. BMO Nesbitt Burns Inc. Scotia Capital Inc. CIBC World Markets Inc. National Bank Financial Inc. Promoter(s): - Project #2171463 _______________________________________________ Issuer Name: Gran Colombia Gold Corp. Principal Regulator - Ontario Type and Date: Final Short Form Prospectus dated March 11, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: C$14,475,000.00 7,500,000 Units C$1.93 per Unit Underwriter(s) or Distributor(s): GMP Securities L.P. Promoter(s): - Project #2134822 _______________________________________________


March 20, 2014

(2014), 37 OSCB 3022

Issuer Name: Marquis Institutional Balanced Portfolio (Series A, E, F, G, I, O, T and V units) Marquis Institutional Balanced Growth Portfolio (Series A, E, F, G, I, O, T and V units) Marquis Balanced Portfolio (Series A, F, G, I, O and T units) Marquis Balanced Growth Portfolio (Series A, F, I, O and T units) Marquis Growth Portfolio (Series A, F, G, I, O and T units) Principal Regulator - Ontario Type and Date: Amendment #1 dated March 7, 2014 to the Simplified Prospectuses and Annual Information Form dated November 29, 2013 NP 11-202 Receipt dated March 17, 2014 Offering Price and Description: A, E, F, G, I, O, T and V units Underwriter(s) or Distributor(s): 1832 ASSET MANAGEMENT L.P. 1832 Asset Management L.P. Promoter(s): 1832 ASSET MANAGEMENT L.P. Project #2114195 _______________________________________________ Issuer Name: Regal Lifestyle Communities Inc. Principal Regulator - Ontario Type and Date: Final Short Form Prospectus dated March 11, 2014 NP 11-202 Receipt dated March 11, 2014 Offering Price and Description: $20,002,750.00 2,581,000 Common Shares Price: $7.75 per Common Share Underwriter(s) or Distributor(s): CIBC WORLD MARKETS INC. TD SECURITIES INC. BMO NESBITT BURNS INC. RBC DOMINION SECURITIES INC. SCOTIA CAPITAL INC. NATIONAL BANK FINANCIAL INC. DUNDEE SECURITIES LTD. RAYMOND JAMES LTD. Promoter(s): Simon Nyilassy Moray Tawse Project #2168102 _______________________________________________

ssuer Name: Roxgold Inc. Principal Regulator - Ontario Type and Date: Final Short Form Prospectus dated March 17, 2014 NP 11-202 Receipt dated March 17, 2014 Offering Price and Description: $25,056,000.00 43,200,000 Common Shares $0.58 per Common Share Underwriter(s) or Distributor(s): BMO NESBITT BURNS INC. CORMARK SECURITIES INC. RAYMOND JAMES LTD. RBC DOMINION SECURITIES INC. TOLL CROSS SECURITIES INC. GMP SECURITIES L.P. HAYWOOD SECURITIES INC. MACQUARIE CAPITAL MARKETS CANADA LTD. Promoter(s): - Project #2173357 _______________________________________________

March 20, 2014

(2014), 37 OSCB 3023

Chapter 12

Registrations 12.1.1 Registrants

Type Company Category of Registration Effective Date

Voluntary Surrender Beattie & Company Limited Exempt Market Dealer March 12, 2014

Registrations

March 20, 2014

(2014), 37 OSCB 3024


March 20, 2014

(2014), 37 OSCB 3025

Chapter 25

Other Information 25.1 Approvals 25.1.1 Agilith Capital Inc. – s. 213(3)(b) Headnote: Clause 213(3)(b) of the Loan and Trust Corporations Act – application by manager, with no prior track record acting as trustee, for approval to act as trustee of pooled funds and future pooled funds to be established and managed by the applicant and offered pursuant to a prospectus exemption. Statutes Cited Loan and Trust Corporations Act, R.S.O. 1990, c. L.25, as

am., s. 213(3)(b). March 11, 2014 Borden Ladner Gervais LLP Scotia Plaza 40 King Street West Toronto, ON M5H 3Y4 Attention: Sarah Gardiner Dear Sirs/Mesdames: Re: Agilith Capital Inc. (the “Applicant”)

Application pursuant to clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario) for approval to act as trustee Application No. 2014/0073

Further to your application dated January 28, 2014 (the “Application”) filed on behalf of the Applicant, and based on the facts set out in the Application and the representation by the Applicant that the assets of Agilith Long Only Fund (the “Original Fund”) and any other future mutual fund trusts that the Applicant may establish and manage from time to time, will be held in the custody of a trust company incorporated and licensed or registered under the laws of Canada or a jurisdiction, or a bank listed in Schedule I, II or III of the Bank Act (Canada), or an affiliate of such bank or trust company, the Ontario Securities Commission (the “Commission”) makes the following order: Pursuant to the authority conferred on the Commission in clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that the Applicant act as trustee of the Original Fund and any other future mutual fund trusts which may be established and managed by the Applicant from time to time, the securities of which will be offered pursuant to a prospectus exemption.

Yours truly, “Edward P. Kirwin” Commissioner Ontario Securities Commission “Sarah B. Kavanagh” Commissioner Ontario Securities Commission

Other Information

March 20, 2014

(2014), 37 OSCB 3026


March 20, 2014 (2014), 37 OSCB 3027

Index

1859585 Ontario Ltd. Sovereign International Investments Notice of Hearing and Statement of Allegations – ss. 127, 127.1 ...................................... 2828 Notice from the Office of the Secretary ..................... 2834 Agilith Capital Inc. Approval – s. 213(3)(b) ............................................. 3025 Alliance Pipeline Limited Partnership Decision .................................................................... 2852 Alterrus Systems Inc. Cease Trading Order ................................................ 2869 Atrium Innovations Inc. Decision – s. 1(10) .................................................... 2851 Balazs, Peter Notice of Hearing and Statement of Allegations – ss. 127, 127.1 ...................................... 2828 Notice from the Office of the Secretary ..................... 2834 Beattie & Company Limited Voluntary Surrender .................................................. 3023 Bluestream Capital Corporation Notice of Hearing and Statement of Allegations – ss. 127, 127.1 ...................................... 2828 Notice from the Office of the Secretary ..................... 2834 Bluestream International Investments Inc. Notice of Hearing and Statement of Allegations – ss. 127, 127.1 ...................................... 2828 Notice from the Office of the Secretary ..................... 2834 Bradon Technologies Ltd. Notice from the Office of the Secretary ..................... 2834 Order – s. 127 ........................................................... 2856 Cangene Corporation Decision – s. 1(10)(a)(ii) ............................................ 2855 Companion Policy 45-106CP Prospectus and Registration Exemptions ................................................................................. Supp. 3 Companion Policy 45-108CP Crowdfunding ................................................................................. Supp. 3 Compta, Joseph Notice from the Office of the Secretary ..................... 2834 Order – s. 127 ........................................................... 2856 Corus Entertainment Inc. Decision .................................................................... 2837

CSA Staff Notice 45-314 – Consolidated List of Current CSA Exempt Market Initiatives Notice ....................................................................... 2821 Ensign Corporate Communications Inc. Notice from the Office of the Secretary .................... 2834 Order – s. 127 .......................................................... 2856 Fire River Gold Corp. Cease Trading Order ................................................ 2869 Form 45-106F10 Report of Exempt Distribution for Investment Fund Issuers (Alberta, New Brunswick, Ontario and Saskatchewan) ................................................................................. Supp. 3 Form 45-106F11 Report of Exempt Distribution For Issuers Other Than Investment Funds (Alberta, New Brunswick, Ontario and Saskatchewan) ................................................................................. Supp. 3 Form 45-106F12 Risk Acknowledgement Form for Family, Friend and Business Associate Investors (Ontario) ................................................................................. Supp. 3 Form 45-106F13 Risk Acknowledgement Form for Offering Memorandum Investors (New Brunswick and Ontario) ................................................................................. Supp. 3 Form 45-108F1 Crowdfunding Offering Document ................................................................................. Supp. 3 Form 45-108F2 Risk Acknowledgement Form for Crowdfunding Investors ................................................................................. Supp. 3 German, Timothy Notice from the Office of the Secretary .................... 2834 Order – s. 127 .......................................................... 2856 Jiminex Inc. Cease Trading Order ................................................ 2869 Krown Consulting Corp. Notice of Hearing and Statement of Allegations – ss. 127, 127.1 ..................................... 2828 Notice from the Office of the Secretary .................... 2834 MI 45-108 Crowdfunding ................................................................................. Supp. 3 NI 45-106 Prospectus and Registration Exemptions ................................................................................. Supp. 3

Index

March 20, 2014 (2014), 37 OSCB 3028

Novik Inc. Decision – s. 1(10)(a)(ii) ............................................ 2842 NTG Clarity Networks Inc. Cease Trading Order ................................................ 2869 OSC Rule 45-501 Ontario Prospectus and Registration Exemptions ................................................................................. Supp. 3 Penfold Capital Acquisition IV Corporation Cease Trading Order ................................................ 2869 Pro-Financial Asset Management Inc. Notice from the Office of the Secretary ..................... 2835 Order ......................................................................... 2857 Director's Decision .................................................... 2863 Pro-Index Funds Director's Decision .................................................... 2863 Sun Life Investment Management Inc. Decision .................................................................... 2843 Triangle Petroleum Corporation Decision .................................................................... 2840

OSC Bulletin · 2 Based on General Order 45-925 Saskatchewan Equity Crowdfunding Exemption....

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Transcript of OSC Bulletin · 2 Based on General Order 45-925 Saskatchewan Equity Crowdfunding Exemption....