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John Deere Canada Funding Inc.

2023-10-26 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/john-deere-canada-funding-inc

Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii).


The Securities Commission has granted John Deere Canada Funding Inc. (the Filer) an order to cease being a reporting issuer in all Canadian jurisdictions where it held this status. The decision was based on the Filer meeting several conditions: it was not an OTC reporting issuer, its securities were held by fewer than 15 security holders in each Canadian jurisdiction and fewer than 51 worldwide, its securities were not traded on any public marketplace, and it was not in default of any securities legislation. The order was made in accordance with the securities legislation of Ontario and relevant policies, including National Policy 11-206, Multilateral Instrument 11-102 Passport System, and other applicable definitions and regulations. The Ontario Securities Commission, acting as the principal regulator, was satisfied that the Filer met the necessary criteria to cease being a reporting issuer.