Fraser Milner Casgrain & FM Services Ltd. Partnership. - ss. 144(1)

WHEREAS Fraser Milner Casgrain ("FMC") and FM Services Limited Partnership ("FM Services") have applied to the Ontario Securities Commission (the "Commission") for an order pursuant to subsection 144(1) of the Act to revoke the order of the Commission dated December 12, 1995 made under subsection 74(1) of the Act entitled In the Matter of F&B Services Limited Partnership, as amended by an order of the Commission dated November 15, 1996 (collectively, the "Orders");

AND UPON considering the application and the recommendation of the staff of the Commission;

AND UPON FMC and FM Services having represented to the Commission that:

1. FMC is a general partnership with offices in Alberta, British Columbia, Quebec and Ontario;

2. FM Services is a limited partnership established under the laws of Ontario;

3. FM Services provides secretarial, accounting, administrative and financial services to FMC for fees;

4. FMC is the successor of Fraser Milner;

5. FM Services is the successor of Fraser Milner Management Services Limited Partnership;

6. The Orders provided certain relief under sections 25 and 53 of the Act;

7. FMC and FM Services have applied to the Alberta Securities Commission as principal regulator under the Mutual Reliance Review System for Exemptive Relief Applications, for an decision under the securities legislation in each of Alberta, British Columbia, Ontario and Quebec (the "Legislation") that the requirements under the Legislation to be registered to trade in a security and to file and obtain a receipt for a preliminary prospectus and a prospectus shall not apply to distributions by FM Services of certain securities, thereby necessitating this application.

AND UPON the Commission being satisfied that to grant this Order would not be prejudicial to the public interest;

IT IS ORDERED pursuant to subsection 144(1) of the Act that the Orders be and are hereby revoked.

December 22, 2000.

J.A. Geller, R. Stephen Paddon