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OSC Bulletin The Ontario Securities Commission OSC Bulletin February 22, 2018 Volume 41, Issue 8 (2018), 41 OSCB The Ontario Securities Commission administers the Securities Act of Ontario (R.S.O. 1990, c. S.5) and the Commodity Futures Act of Ontario (R.S.O. 1990, c. C.20) The Ontario Securities Commission Published under the authority of the Commission by: Cadillac Fairview Tower Thomson Reuters 22nd Floor, Box 55 One Corporate Plaza 20 Queen Street West 2075 Kennedy Road Toronto, Ontario Toronto, Ontario M5H 3S8 M1T 3V4 416-593-8314 or Toll Free 1-877-785-1555 416-609-3800 or 1-800-387-5164 Contact Centre – Inquiries, Complaints: Fax: 416-593-8122 TTY: 1-866-827-1295 Office of the Secretary: Fax: 416-593-2318 The OSC Bulletin is published weekly by Thomson Reuters Canada, under the authority of the Ontario Securities Commission. Thomson Reuters Canada offers every issue of the Bulletin, from 1994 onwards, fully searchable on SecuritiesSource™, Canada’s pre-eminent web-based securities resource. SecuritiesSource™ also features comprehensive securities legislation, expert analysis, precedents and a weekly Newsletter. For more information on SecuritiesSource™, as well as ordering information, please go to: http://www.westlawecarswell.com/SecuritiesSource/News/default.htm or call Thomson Reuters Canada Customer Support at 1-416-609-3800 (Toronto & International) or 1-800-387-5164 (Toll Free Canada & U.S.). Claims from bona fide subscribers for missing issues will be honoured by Thomson Reuters Canada up to one month from publication date. Space is available in the Ontario Securities Commission Bulletin for advertisements. The publisher will accept advertising aimed at the securities industry or financial community in Canada. Advertisements are limited to tombstone announcements and professional business card announcements by members of, and suppliers to, the financial services industry. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the publisher. The publisher is not engaged in rendering legal, accounting or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional should be sought. © Copyright 2018 Ontario Securities Commission ISSN 0226-9325 Except Chapter 7 ©CDS INC. One Corporate Plaza Customer Support 2075 Kennedy Road 1-416-609-3800 (Toronto & International) Toronto, Ontario 1-800-387-5164 (Toll Free Canada & U.S.) M1T 3V4 Fax 1-416-298-5082 (Toronto) Fax 1-877-750-9041 (Toll Free Canada Only) Email [email protected] Table of Contents Chapter 1 Notices / News Releases ...................... 1453 Chapter 3 Reasons: Decisions, Orders and 1.1 Notices ........................................................... (nil) Rulings .................................................. 1497 1.2 Notices of Hearing ........................................ 1453 3.1 OSC Decisions ............................................. 1497 1.2.1 Natural Bee Works Apiaries Inc. 3.1.1 Lance Sandford Cook and et al. – s. 127(8) ............................................. 1453 CBM Canada’s Best Mortgage Corp. 1.2.2 USI Tech Limited et al. – s. 127(8) ................. 1454 – ss. 127(1), 127(10) ..................................... 1497 1.3 Notices of Hearing with Related 3.1.2 Benedict Cheng et al...................................... 1503 Statements of Allegations ............................ (nil) 3.2 Director’s Decisions ...................................... (nil) 1.4 News Releases .............................................. (nil) 3.3 Court Decisions ............................................. (nil) 1.5 Notices from the Office of the Secretary ............................................ 1455 Chapter 4 Cease Trading Orders .......................... 1505 1.5.1 Benedict Cheng et al. ..................................... 1455 4.1.1 Temporary, Permanent & Rescinding 1.5.2 Lance Sandford Cook and Issuer Cease Trading Orders ......................... 1505 CBM Canada’s Best Mortgage Corp. ............. 1455 4.2.1 Temporary, Permanent & Rescinding 1.5.3 Benedict Cheng et al. ..................................... 1456 Management Cease Trading Orders ............. 1505 1.5.4 USI Tech Limited et al. ................................... 1456 4.2.2 Outstanding Management & Insider 1.5.5 Natural Bee Works Apiaries Inc. et al. ............ 1457 Cease Trading Orders ................................... 1505 1.5.6 USI Tech Limited et al. ................................... 1457 1.5.7 Dennis Wing ................................................... 1457 Chapter 5 Rules and Policies .................................. (nil) 1.6 Notices from the Office of the Secretary with Related Chapter 6 Request for Comments .......................... (nil) Statements of Allegations ............................ (nil) Chapter 7 Insider Reporting .................................. 1507 Chapter 2 Decisions, Orders and Rulings ............ 1459 2.1 Decisions ...................................................... 1459 Chapter 9 Legislation ............................................... (nil) 2.1.1 Franklin Templeton Investments Corp. et al. ............................................................... 1459 Chapter 11 IPOs, New Issues and Secondary 2.1.2 CMC Markets UK Plc and Financings ............................................. 1599 CMC Markets Canada Inc. ............................. 1461 2.1.3 MD Financial Management Inc. ...................... 1468 Chapter 12 Registrations ......................................... 1605 2.1.4 Bristol Gate Capital Partners Inc. et al. .......... 1473 12.1.1 Registrants ..................................................... 1605 2.2 Orders............................................................ 1479 2.2.1 Dominion Citrus Limited ................................. 1479 Chapter 13 SROs, Marketplaces, 2.2.2 West Fraser Timber Co. Ltd. and The Clearing Agencies and Bank of Nova Scotia – s. 6.1 of NI 62-104 Trade Repositories ............................... 1607 Take-Over Bids and Issuer Bids ..................... 1480 13.1 SROs ............................................................... (nil) 2.2.3 Benedict Cheng et al. ..................................... 1486 13.2 Marketplaces ................................................ 1607 2.2.4 Canadian Pacific Railway Limited and 13.2.1 TSX Inc. – Introduction of Contra Mid-Point National Bank of Canada – s. 6.1 of NI Only (CMO) Order Type – Notice of 62-104 Take-Over Bids and Issuer Bids ......... 1487 Approval ......................................................... 1607 2.2.5 Lance Sandford Cook and 13.3 Clearing Agencies ....................................... 1608 CBM Canada’s Best Mortgage Corp. 13.3.1 CDCC – Amendments to the Rules of the – ss. 127(1), 127(10) ..................................... 1493 Canadian Derivatives Clearing Corporation 2.2.6 USI Tech Limited et al. to Expand Share Futures Contracts to – ss. 127(1), 127(5) ....................................... 1494 Exchange Traded Funds and Trust Units – 2.2.7 First Asset Resource Fund Inc. ...................... 1495 OSC Staff Notice of Request for Comment .... 1608 2.2.8 Dennis Wing ................................................... 1496 13.4 Trade Repositories ........................................ (nil) 2.3 Orders with Related Settlement Agreements .................................................... (nil) Chapter 25 Other Information ................................... (nil) 2.4 Rulings ........................................................... (nil) Index ............................................................................ 1609 February 22, 2018 (2018), 41 OSCB Chapter 1 Notices / News Releases 1.2 Notices of Hearing 1.2.1 Natural Bee Works Apiaries Inc. et al. – s. 127(8) FILE NO.: 2018-7 IN THE MATTER OF NATURAL BEE WORKS APIARIES INC., TAWLIA CHICKALO, RINALDO LANDUCCI and ELISE MAXHELEAU NOTICE OF HEARING Subsection 127(8) Securities Act, RSO 1990, c S.5 PROCEEDING TYPE: Application for Extension of Temporary Order HEARING DATE AND TIME: February 21, 2018 at 10:00 a.m. LOCATION: 20 Queen Street West, 17th Floor, Toronto, Ontario PURPOSE The purpose of this proceeding is to consider whether the Commission should grant the Application filed by Staff of the Commission to extend the temporary order issued by the Commission on February 8, 2018. REPRESENTATION Any party to the proceeding may be represented by a representative at the hearing. FAILURE TO ATTEND IF A PARTY DOES NOT ATTEND, THE HEARING MAY PROCEED IN THE PARTY’S ABSENCE AND THE PARTY WILL NOT BE ENTITLED TO ANY FURTHER NOTICE IN THE PROCEEDING. FRENCH HEARING This Notice of Hearing is also available in French on request of a party. Participation may be in either French or English. Participants must notify the Secretary’s Office in writing as soon as possible if the participant is requesting a proceeding be conducted wholly or partly in French. AVIS EN FRANÇAIS L'avis d'audience est disponible en français sur demande d’une partie, que la participation à l'audience peut se faire en français ou en anglais et que les participants doivent aviser le Bureau du secrétaire par écrit le plut tôt si le participant demande qu'une instance soit tenue entièrement ou partiellement en français. Dated at Toronto this 16th day of February, 2018. “Grace Knakowski” Secretary to the Commission For
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