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

Date and Time Proceeding Information
Page 1 of 1
December 12, 2019
11:00 AM

December 13, 2019
10:00 AM
The Catalyst Capital Group Inc., Hudson’s Bay Company, Baker, Richard A., Baker, Lisa, Lisa And Richard Baker Enterprises, LLC, Red Trust, Yellow Trust, Blue Trust, Baker, Robert, Baker, Christina, A Trust for Bettina Jane Richman, A Trust for Emma Richman, A Trust for Francesca Richman, Ashley S. Baker 3/15/84 Trust, Lion Trust, Mr. And Mrs. Robert Baker Family Foundation, Christina Baker Trust For Grandchildren, Robert C. Baker Trust For Grandchildren, Mack, William, The William And Phyllis Mack Family Foundation, Inc., Mack 2010 Family Trust I, Mack, Richard, WRS Advisors III, LLC, WRS Advisors IV, LLC, Neibart, Lee, Lee S. Neibart 2010 Grat, Hanover Investments (Luxembourg) S.A., Abrams Capital Partners I, L.P., Abrams Capital Partners II, L.P., Whitecrest Partners, LP, Fabric Luxembourg Holdings S.À.R.L, L&T B (Cayman) Inc., Rupert Acquisition LLC,
Section: 127
Panel: D. Grant Vingoe / Timothy Moseley / Lawrence P. Haber
Note: R. Morzaria / C. Pettypiece in attendance for Staff
December 16, 2019
10:00 AM

January 9, 2020
10:00 AM

February 5, 2020
10:00 AM

BDO Canada LLP,
Section: 127(1) and 127.1
Panel: Timothy Moseley
Note: A. Huculak / R. Gain in attendance for Staff
December 19, 2019
10:00 AM

VRK Forex & Investments Inc. , Namburi, Radhakrishna ,
Section: Section: 127(1) and 127.1
Panel: D. Grant Vingoe
Note:

G. MacKenzie in attendance for Staff

December 20, 2019
10:00 AM

Daley, Sean, Wilkerson, Kevin ,
Section: 127(1) and 127.1
Panel: D. Grant Vingoe
Note: M. Britton in attendance for Staff
January 9, 2020
10:00 AM

January 10, 14, 16, 17, 23, & April 20, 21, 22 & 24, 2020

10:00 AM
El-Bouji, Issam,
Section: 127(1) and (2) and 127.1
Panel: To be announced
Note: D. Ferris / R. Lapensee in attendance for Staff
January 24, 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/J Lynch/M. Britton in attendance for Staff
February 3, 2020
10:00 AM

Paramount Equity Financial Corporation, Silverfern Secured Mortgage Fund, Silverfern Secured Mortage Limited Partnership, GTA Private Capital Income Fund, GTA Private Capital Income Limted Partnership, Silverfern GP Inc., Paramount Alternative Capital Corporation, PACC Ainslie Corporation, PACC Costigan Corporation, PACC Crystallina Corporation, PACC Dacey Corporation, PACC Goulais Corporation, PACC Harriet Corporation, PACC Major Mack Corporation, PACC Maple Corporation, PACC Mulcaster Corporation, PACC Regent Corporation, PACC Scugog Corporation, PACC Sechelt Corporation, PACC Shaver Corporation, PACC Simcoe Corporation, PACC Thorold Corporation, PACC Wilson Corporation, Trilogy Mortgage Group Inc., Trilogy Equities Group Limited Partnership, Ruttenberg, Marc, Burdon, Ronald Bradley, Laverty, Matthew,
Section: 127(1) and 127.1
Panel: To be announced
Note: M. Bailey / Vivian Lee in attendance for Staff
February 6, 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/J. Lynch in attendance for Staff
February 7, 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/J. Lynch in attendance for Staff
February 7, 2020
1:00 PM

First Global Data Ltd., Global Bioenergy Resources Inc., Alli, Nayeem , Aziz, Maurice , Bajaj, Harish , Itwaru, Andre ,
Section: 127 and 127.1
Panel: Timothy Moseley
Note: M. Bailey/C. Pettypiece in attendance for Staff
February 11, 2020
10:00 AM

Debus, Joseph ,
Section: 8 and 21.7
Panel: To be announced
Note: K. Gustafson in attendance for Staff
February 20, 2020
10:00 AM

February 21, September 1-4, 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/J Lynch/M. Britton in attendance for Staff
March 2, 2020
10:00 AM

March 4-6, 9, 11, 12, 18-20, 23-27, 30,
April 3, 6-9, 13, 15-17, 20-24, 27, 29, 30,
May 1, 4, 6-8, 11, 13-15, 19-22, 25, 27 & 28,
2020

10:00 AM
BDO Canada LLP,
Section: 127(1) and 127.1
Panel: To be announced
Note: A. Huculak / R. Gain in attendance for Staff
March 2, 2020
10:00 AM

March 4, 5, 9-13, 23-30, 2020
10:00 AM
Paramount Equity Financial Corporation, Silverfern Secured Mortgage Fund, Silverfern Secured Mortage Limited Partnership, GTA Private Capital Income Fund, GTA Private Capital Income Limted Partnership, Silverfern GP Inc., Paramount Alternative Capital Corporation, PACC Ainslie Corporation, PACC Costigan Corporation, PACC Crystallina Corporation, PACC Dacey Corporation, PACC Goulais Corporation, PACC Harriet Corporation, PACC Major Mack Corporation, PACC Maple Corporation, PACC Mulcaster Corporation, PACC Regent Corporation, PACC Scugog Corporation, PACC Sechelt Corporation, PACC Shaver Corporation, PACC Simcoe Corporation, PACC Thorold Corporation, PACC Wilson Corporation, Trilogy Mortgage Group Inc., Trilogy Equities Group Limited Partnership, Ruttenberg, Marc, Burdon, Ronald Bradley, Laverty, Matthew,
Section: 127(1) and 127.1
Panel: To be announced
Note: M. Bailey / Vivian Lee in attendance for Staff
March 23-24, 2020
10:00 AM

Debus, Joseph ,
Section: 8 and 21.7
Panel: To be announced
Note: K. Gustafson in attendance for Staff