National Instrument 81-102 Investment Funds
Part 1 Definitions and Application
Section 1.1 Definitions

designated rating organization

designated rating organization” means, if designated under securities legislation, any of

(a) DBRS Limited, Fitch Ratings, Inc., Moody’s Canada Inc. or S&P Global Ratings Canada, or

(b) a successor credit rating organization of a credit rating organization listed in paragraph (a);