Proceedings

Before the Commission


Under section 127 of the Securities Act (Ontario), the OSC can initiate proceedings against individuals or companies (the respondents) suspected of violating securities law or acting contrary to the public interest.

A proceeding is initiated when a notice of hearing is issued and a statement of allegations is filed. It is heard before an administrative tribunal of the Commission. The Commission can impose sanctions such as financial penalties and bans on trading and other activities in the capital markets.

For documents relating to open and completed proceedings, see All Commission Proceedings.

OSC tribunal reasons issued since 2004 are also available free of charge on the Canadian Legal Information Institute website (CanLII).

Commission hearings are generally open to the public. They are held at the OSC’s offices:

Ontario Securities Commission
20 Queen Street West
17th floor
Toronto, ON
M5H 3S8
 

Upcoming Proceedings

UPDATE as of March 16, 2020 - The Ontario Securities Commission (OSC) is taking all necessary precautions to protect the health and safety of its employees and the public as we respond to challenges due to COVID-19. The OSC will not be holding in-person hearings until at least April 30, 2020. The Office of the Secretary will reach out to parties with hearings scheduled between now and April 30 to determine if a hearing may proceed via teleconference or in writing. The Secretary’s Office will update the information below as information is made available.


 

Date and Time Proceeding Information
Page 1 of 1
Proceeding in part in writing


Paramount Equity Financial Corporation, Silverfern Secured Mortgage Fund, Silverfern Secured Mortgage Limited Partnership, GTA Private Capital Income Fund, GTA Private Capital Income Limited Partnership, Silverfern GP Inc., Trilogy Mortgage Group Inc., Ruttenberg, Marc, Burdon, Ronald Bradley, Laverty, Matthew,
Section: 127(1) and 127.1
Panel: Timothy Moseley / Garnet Fenn / Heather Zordel
Note: M. Bailey / Vivian Lee in attendance for Staff
April 21, 2020
10:00 AM

Canada Cannabis Corporation, Canadian Cannabis Corporation , Ward, Benjamin , Serrano, Silvio , Strang, Peter ,
Section: 127 and 127.1
Panel: Raymond Kindiak
Note: R. Gain in attendance for Staff
April 27, 2020
10:00 AM

April 29-30, 2020
10:00 AM
MOAG Copper Gold Resources Inc., Brown, Gary , Jones, Bradley,
Section: 127(1) and 127.1
Panel: To be announced
Note: A. Huculak in attendance for Staff
May 4, 2020
10:00 AM

Money Gate Mortgage Investment Corporation, Money Gate Corp., Katebian, Morteza, Katebian, Payam,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: D. Emami in attendance for Staff
May 5, 2020
10:00 AM

Miller, David Randall,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: C. Galbraith in attendance for Staff
May 7, 2020
11:00 AM

Oei, Paul Se Hui , Canadian Manu Immigration & Financial Services Inc.,
Section: 127(1) and 127 (10)
Panel: To be announced
Note: A. Smith in attendance for Staff
May 19, 2020
10:00 AM

Miner Edge Inc. , Miner Edge Corp. , Handa, Rakesh,
Section: 127(1) and 127.1
Panel: To be announced
Note: K. Gustafson in attendance for Staff
May 21, 2020
10:00 AM

May 22, 2020
10:00 AM
Debus, Joseph ,
Section: 8 and 21.7
Panel: To be announced
Note: K. Gustafson in attendance for Staff
June 5, 2020
10:00 AM

VRK Forex & Investments Inc. , Namburi, Radhakrishna ,
Section: Section: 127(1) and 127.1
Panel: M. Cecilia Williams
Note:

G. MacKenzie in attendance for Staff

June 8, 2020
9:00 AM

Solar Income Fund Inc., Grossman, Allan, Mazzacato, Charles , Kadonoff, Kenneth,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: A.Faith in attendance for Staff
July 31, 2020
10:00 AM

Kitmitto, Majd , Vannatta, Steven , Candusso, Claudio , Candusso, Christopher , Goss, Donald Alexander (Sandy), Fielding, John , Fakhry, Frank ,
Section: 127(1) and 127.1
Panel: To be announced
Note: K. Gustafson/M. Britton in attendance for Staff
September 1, 2020
10:00 AM

September 2-4, 8-11, October 5, 7-9, 13-16, 19, 21-23, 26-30, November 2, 4-6, 12-13, 16, 18-20, 23, 25-27, 30 & December 1-2, 9-11, 2020

10:00 AM
Kitmitto, Majd , Vannatta, Steven , Candusso, Claudio , Candusso, Christopher , Goss, Donald Alexander (Sandy), Fielding, John , Fakhry, Frank ,
Section: 127(1) and 127.1
Panel: To be announced
Note: K. Gustafson/M. Britton in attendance for Staff
September 2, 2020
10:00 AM

October 7, 8, 9, 13-16, 19, 21, 22, 23, 26, 27, November 20, 23, 25, 26, 27, 30, December 1-4, 7, 9-11, 14-18, 2020, January 7, 8 & 11-15, 2021
10:00 AM

First Global Data Ltd., Global Bioenergy Resources Inc., Alli, Nayeem , Aziz, Maurice , Bajaj, Harish , Itwaru, Andre ,
Section: 127 and 127.1
Panel: To be announced
Note: M. Bailey/C. Pettypiece in attendance for Staff