First Federal Capital (Canada) Corporation and Monte Freisner

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED

- AND -

IN THE MATTER OF
FIRST FEDERAL CAPITAL (CANADA) CORPORATION
and MONTE MORRIS FRIESNER

ORDER
(Section 127(7))

WHEREAS on December 11, 2000 the Ontario Securities Commission (the "Commission") ordered pursuant to section 127 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the "Act") that all trading in securities by First Federal Capital (Canada) Corporation and Monte Morris Friesner cease for a period of fifteen days from the date thereof (the "Temporary Order");

AND WHEREAS on December 12, 2000 the Commission issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Act;

AND WHEREAS the Commission has been advised that the respondents request an adjournment of the hearing and that Staff and the respondents have consented to an order extending the Temporary Order on the terms set out below until the hearing is concluded;

AND WHEREAS the Commission is of the opinion that it is in the public interest to do so;

IT IS THEREFORE ORDERED pursuant to section 127(7) of the Act, that:

(1) this hearing is adjourned sine die, to be brought back before the Commission on 7 days notice by either party; and

(2) the Temporary Order is extended until this hearing is concluded and a decision rendered or until otherwise ordered by the Commission.


December 20, 2000.

"J.A. Geller""R. Stephen Paddon""Howard Wetston"