Exemption Decisions (CBCA)

The following summarizes the Exemption Decisions made by the Director under the Canada Business Corporations Act.

Postmedia Network Inc.

Decision No.:  A-001/16

It has been determined in accordance with subsection 2(6) of the Canada Business Corporations Act that Postmedia Network Inc. is not and was not at any time a distributing corporation, subject to terms in order.

This exemption has been granted on November 9, 2016.

CITIGROUP FINANCE CANADA INC.

Decision No.:  H-005/16

It has been determined, pursuant to subsection 171(2) of the Canada Business Corporations Act, that CITIGROUP FINANCE CANADA INC. is authorized to dispense with an audit committee, as required under subsection 171(1) of the Act, for the financial year ending on or about December 31, 2016.

This exemption has been granted on November 28, 2016.

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