IN THE MATTER OF THE SECURITIES ACT,
R.S.O. 1990, c. S.5 AS AMENDED
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IN THE MATTER OF HEIR HOME EQUITY INVESTMENT REWARDS INC.; FFI
FIRST FRUIT INVESTMENTS INC.; WEALTH BUILDING MORTGAGES INC.;
ARCHIBALD ROBERTSON; ERIC DESCHAMPS; CANYON ACQUISITIONS, LLC;
CANYON ACQUISITIONS INTERNATIONAL, LLC; BRENT BORLAND; WAYNE D.
ROBBINS; MARCO CARUSO; PLACENCIA ESTATES DEVELOPMENT, LTD.;
COPAL RESORT DEVELOPMENT GROUP, LLC; RENDEZVOUS ISLAND, LTD.;
THE PLACENCIA MARINA, LTD.; AND THE PLACENCIA HOTEL AND RESIDENCES LTD.
(Rule 1.7.4 of the Ontario Securities Commission
Rules of Procedure (2010), 33 O.S.C.B. 8017)
WHEREAS on March 29, 2011, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended, in connection with a Statement of Allegations filed by Staff of the Commission (“Staff”) on March 29, 2011 in respect of HEIR Home Equity Investment Rewards Inc., FFI First Fruit Investments Inc., Wealth Building Mortgages Inc., Archibald Robertson, Eric Deschamps (collectively, the “HEIR Respondents”) and Canyon Acquisitions, LLC, Canyon Acquisitions International, LLC, Brent Borland, Wayne D. Robbins, Marco Caruso, Placencia Estates Development, Ltd., Copal Resort Development Group, LLC, Rendezvous Island, Ltd., The Placencia Marina, Ltd. and The Placencia Hotel and Residences Ltd. (collectively, the “Canyon Respondents”);
AND WHEREAS on February 14, 2012, Staff filed an Amended Statement of Allegations in respect of the HEIR Respondents and the Canyon Respondents;
AND WHEREAS on February 27, 2012, counsel for the Canyon Respondents, McCarthy Tétrault LLP, filed a notice of motion, pursuant to rule 1.7.4 of the Commission’s Rules of Procedure (2010), 33 O.S.C.B. 8017, for leave to withdraw as representative for the Canyon Respondents and requesting that the motion be heard in writing (the “Withdrawal Motion”);
AND WHEREAS McCarthy Tétrault LLP has confirmed that the Canyon Respondents have been served with the Withdrawal Motion;
IT IS ORDERED that the Withdrawal Motion is heard in writing;
IT IS FURTHER ORDERED that McCarthy Tétrault LLP is granted leave to withdraw as representative for the Canyon Respondents.
DATED at Toronto, this 1st day of March, 2012.