Insurance Decisions and Freeze and cease trade orders

Montréal – Provisional administration of the insurer La Vigilance, société de secours mutuels has been extended until March 31, 2006 by the Québec Minister of Finance, pursuant to section 379 of An Act respecting insurance (“Act”).

The Autorité des marchés financiers (AMF) has assumed provisional administration of La Vigilance pursuant to paragraphs c), d) and e) of section 378 of the Act.

On December 21, 2005, the AMF presented a complete report of its findings to the Minister of Finance, together with its recommendations.

The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec's financial sector.

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Information:

Media only:
Philippe Roy (514) 940-2176
Issuers, dealers, advisers and representatives: (877) 525-0337, choose option 9 for English, then 1 for industry
Consumers and investors: (877) 525-0337, choose option 9 for English, then 8 for consumers