Donohue Inc. - MRRS Decision

Headnote

Mutual Reliance Review System for Exemptive Relief Applications - Decision declaring corporation to be no longer areporting issuer following the acquisition of all of its outstanding securities by another issuer.

Applicable Ontario Statutory Provisions

Securities Act, R.S.O. 1990, c.S.5, as am., s.83.

IN THE MATTER OF

THE SECURITIES LEGISLATION OF

BRITISH COLUMBIA, ALBERTA, SASKATCHEWAN, ONTARIO, QUEBEC,

NEWFOUNDLAND AND NOVA SCOTIA

AND

IN THE MATTER OF THE MUTUAL RELIANCE REVIEW SYSTEM

FOR EXEMPTIVE RELIEF APPLICATION

AND

IN THE MATTER OF DONOHUE INC.

MRRS DECISION DOCUMENT

WHEREAS the local securities regulatory authority or regulator (the "Decision Marker") in each of BritishColumbia, Alberta, Saskatchewan, Ontario, Quebec, Newfoundland and Nova Scotia (the "Jurisdictions") has receivedan application from Donohue Inc. ("Donohue") for a decision pursuant to the securities legislation of the Jurisdictions(the "Legislation") that Donohue be deemed to have ceased to be a reporting issuer or the equivalent under theLegislation;

AND WHEREAS pursuant to the Mutual Reliance Review System for Exemptive Relief (the "System"), theCommission des valeurs mobilières du Québec is the principal regulator for this Application;

AND WHEREAS Donohue has represented to the Decision Makers that:

1. Donohue is a company existing under the Companies Act (Quebec) (the "Act").

2. Donohue is a reporting issuer or the equivalent under the Legislation.

3. The authorized capital of Donohue consists of an unlimited number of Class A subordinate voting shares andClass B shares (the "Donohue Shares").

4. Pursuant to a takeover-bid, Abitibi-Consolidated Inc. acquired, directly or indirectly, approximately 96% of theDonohue Shares, and subsequently acquired on June 19, 2000, in accordance with the compulsory acquisitionprovisions of the Act, the remaining Donohue Shares not tendered under the takeover-bid, and is currently thesole beneficial holder of Donohue Shares.

5. The Donohue Shares were listed on The Toronto Stock Exchange but have been delisted from such exchangeand no securities of Donohue are currently listed or posted on any exchange or over the counter in Canada.

6. Other than the Donohue Shares, Donohue does not have any securities outstanding.

7. Donohue does not have any intention of distributing the Donohue Shares to the public.

8. Other than a failure to mail its first quarter financial statements (March 31, 2000) to its shareholders and to fileits second quarter (June 30, 2000), Donohue is not in default of any requirements under the Legislation.

AND WHEREAS pursuant to the System, this Decision Document evidences the decision of each DecisionMaker (collectively, the "Decision");

AND WHEREAS each of the Decision Makers is satisfied that the test contained in the Legislation that providesthat Decision Maker with the jurisdiction to make the Decision has been met;

THE DECISION of the Decision Makers pursuant to the Legislation is that Donohue is deemed to have ceasedto be a reporting issuer or the equivalent under the Legislation.

DATED at Montréal, Québec this, October 11, 2000.

Le chef du service de l'information financière,

"Original signed by

(s) Michel Vadnais"