The Securities Commission has granted Smart Employee Benefits Inc. (the Filer) an order to cease being a reporting issuer in all Canadian jurisdictions where it held this status. The decision is based on the Ontario Securities Commission (OSC) being the principal regulator, as per the National Policy 11-206 Process for Cease to be a Reporting Issuer Applications. The Filer met the conditions for the order, which include having fewer than 15 security holders in each Canadian jurisdiction and fewer than 51 worldwide, no public trading of its securities, and no defaults in securities legislation. The relevant legislative provisions include the Securities Act (Ontario) and the Multilateral Instrument 11-102 Passport System. The OSC File number for this case is 2023/0106, and the decision was made on March 21, 2023.
