IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
- AND -
IN THE MATTER OF HEIR HOME EQUITY INVESTMENT REWARDS INC.; FFI FIRST FRUIT INVESTMENTS INC.; WEALTH BUILDING MORTGAGES INC.; ARCHIBALD ROBERTSON; ERIC DESCHAMPS; CANYON ACQUISITIONS, LLC; CANYON ACQUISITIONS INTERNATIONAL, LLC; BRENT BORLAND; WAYNE D. ROBBINS; MARCO CARUSO; PLACENCIA ESTATES DEVELOPMENT, LTD.; COPAL RESORT DEVELOPMENT GROUP, LLC; RENDEZVOUS ISLAND, LTD.; THE PLACENCIA MARINA, LTD.; AND THE PLACENCIA HOTEL AND RESIDENCES LTD.
(Sections 127(1) and 127.1)
WHEREAS on March 29, 2011, the Ontario Securities Commission (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 in connection with a Statement of Allegations filed by Staff of the Commission (“Staff”) on March 29, 2011 in respect of HEIR Home Equity Investment Rewards Inc., FFI First Fruit Investments Inc., Wealth Building Mortgages Inc., Archibald Robertson, (collectively, the “HEIR Respondents”), Canyon Acquisitions, LLC, Canyon Acquisitions International, LLC, Brent Borland, Wayne D. Robbins, Marco Caruso, Placencia Estates Development, Ltd., Copal Resort Development Group, LLC, Rendezvous Island, Ltd., The Placencia Marina, Ltd. and The Placencia Hotel and Residences Ltd. (collectively, the “Canyon Respondents”) and Eric Deschamps (“Deschamps”);
AND WHEREAS on February 25, 2013 the Commission issued an Order approving the Settlement Agreement reached between Staff of the Commission and Deschamps dated February 14, 2013;
AND WHEREAS on March 28, 2013, the Commission, issued separate Orders approving Settlement Agreements between Staff and the HEIR Respondents, and between Staff and the Canyon Respondents, both dated March 22, 2013;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED that:
- The date of April 4, 2013 scheduled for a confidential prehearing conference is vacated; and
- The dates of April 15 to 19, 22, 25, 26, 29, 30, May 1 to 3, 6, and 8 to 10, 2013 scheduled for the hearing on the merits of this matter are vacated.
DATED at Toronto this 28th day of March, 2013.