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Top 20 Largest - Consolidated Short Position Report

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending September 30th, 2016.

TSX Markets (a division of TSX Inc.) collects this information on behalf of Investment Industry Organization of . Participating Organizations are required to file this information pursuant to Universal Market Integrity Rule 10.10.

Issue Name Symbol As of Sept 30 As of Sept 15 Net Change INC. ENB 100,023,873 41,143,397 58,880,476 ISHARES S&P/TSX 60 INDEX ETF UNITS XIU 91,033,838 78,568,341 12,465,497 -DOMINION BANK (THE) TD 84,729,022 86,053,559 -1,324,537 BANK OF NOVA SCOTIA (THE) BNS 42,783,090 44,266,018 -1,482,928 BOMBARDIER INC. CL 'B' SV BBD.B 41,098,893 43,801,302 -2,702,409 LUNDIN MINING CORPORATION LUN 40,929,234 41,243,670 -314,436 FINANCIAL CORPORATION MFC 38,851,351 38,418,581 432,770 BCE INC. BCE 35,210,242 37,794,146 -2,583,904 POTASH CORPORATION OF POT 35,013,368 34,519,587 493,781 SASKATCHEWAN INC. RY 34,046,765 33,776,034 270,731 CORPORATION K 33,402,034 20,078,164 13,323,870 ENCANA CORPORATION ECA 33,144,488 16,333,661 16,810,827 TRANSCANADA CORPORATION TRP 32,649,148 30,252,399 2,396,749 SEVEN GENERATIONS ENERGY LTD. VII 31,875,693 17,941,255 13,934,438 CL 'A' GRAN TIERRA ENERGY INC. J GTE 27,186,192 26,486,035 700,157 GREAT-WEST LIFECO INC. GWO 27,096,092 27,091,924 4,168 CORPORATION PWF 25,678,206 25,553,930 124,276 THOMSON CORPORATION TRI 25,615,594 26,181,900 -566,306 ACTIVEWEAR INC. GIL 24,924,127 25,427,066 -502,939 BLACKBERRY LIMITED BB 24,429,318 25,334,239 -904,921

For further information please call Jim Mark at 416-947-4661 or Svetlana Belkina at 416-947-4761, and to subscribe to the complete report, please contact TMX Datalinx at 416-947-4778.

The information on this page is collected with care but TSX Inc. does not guarantee either the completeness or the accuracy of this information. The data contained in this report is provided for informational purposes only. This is not an invitation to purchase any security mentioned herein. You agree not to rely upon the information contained in this report for any trading, business or financial purpose. By using this report, you expressly agree to the condition that TSX Inc. assumes no liability nor responsibility for any errors or inaccuracies in this report.