CSA Securities

Montréal - The Canadian Securities Administrators (CSA) released their fifth report on enforcement activities today. Between April 1, 2006 and September 30, 2006, the regulators pursued 57 new enforcement matters. They also concluded 59 cases that resulted in sanctioning orders or settlements that often included several persons or companies. During the same period, self-regulatory organizations concluded 13 settlement agreements, and ordered sanctions in 17 cases, including one expulsion.

Jean St-Gelais, CSA Chair, said that “this report allows for greater transparency of the measures taken by the Canadian securities regulatory authorities and confirms their active participation in the application of the law.”

The report can be found on the CSA website, at www.csa-acvm.ca, and on many provincial regulators’ websites.

The CSA, the council of securities regulators of Canada’s provinces and territories, coordinate and harmonize regulation for the Canadian capital markets. Their mandate is to protect investors from unfair or fraudulent practices through regulation of the securities industry. Part of this protection is educating investors about the risk, responsibilities and rewards of investing.

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For media inquiries:

Provincial and Territorial Securities Regulators

CSA member name

Point of contact

Phone number

E-mail

Alberta Securities Commission

Tamera Van Brunt

403-297-2664

tamera.vanbrunt@seccom.ab.ca

Autorité des marchés financiers

Frédéric Alberro

514-940-2176

frederic.alberro@lautorite.qc.ca

British Columbia Securities Commission

Andrew Poon

604-899-6880

APoon@bcsc.bc.ca

Department of Attorney General, Prince Edward Island

Mark Gallant

902-368-4552

mlgallant@gov.mb.ca

Financial Services Regulation Division, Newfoundland and Labrador

Doug Connolly

709-729-2594

Connolly@gov.nl.ca

Manitoba Securities Commission

Ainsley Cunningham

204-945-4733

aicunningh@gov.mb.ca

New Brunswick Securities Commission

Rick Hancox

506-658-3119

Rick.hancox@nbsc-cvmnb.ca

Nova Scotia Securities Commission

Chris Pottie

902-424-5393

pottiec@gov.ns.ca

Nunavut Securities Registry

Jennifer MacIsaac

867-975-6591

jmacisaac@gov.nu.ca

Ontario Securities Commission

Wendy Dey

416-593-8120

www.osc.gov.on.ca This link will open in a new window, (Web site address)

Saskatchewan Financial Services Commission

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www.publications.gov.sk.ca This link will open in a new window, (Web site address)

Securities Registry Northwest Territories

Donald MacDougall

867-920-8984

donald_macdougall@gov.nt.ca

Yukon Securities Registry

Bette Boyd

867-667-5225

bette.boyd@gov.yk.ca