Exemption Decisions (CBCA)
The following summarizes the Exemption Decisions made by the Director under the Canada Business Corporations Act.
Investors Group Corporate Class Inc.
Decision No.: E-038/17
It has been determined that the management of Investors Group Corporate Class Inc. is exempt pursuant to subsection 151(1) of the Canada Business Corporations Act (CBCA) from the requirement of subsection 150(1) of the CBCA to send the prescribed management proxy circular to each shareholder whose proxy is solicited for the special meeting of shareholders to be held on or about August 31, 2017.
The exemption has been granted on the basis that the corporation is a distributing corporation, as defined in the CBCA, and that the corporation makes the prescribed management proxy circular accessible as well as sends a notice thereof, in accordance with conditions 1 and 2 set out in the decision of the Manitoba Securities Commission in the matter of I.G. Investment Management LTD. dated November 29, 2016, to each shareholder whose proxy is solicited.
This exemption has been granted on July 4, 2017.
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