Crawford Panel
on a Single Canadian Securities Regulator

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Attention News, Business and Assignment Editors:

The Crawford Panel on a Single Canadian Securities Regulator releases results of stakeholder input received during a series of regional roundtables

TORONTO, May 4 - The Crawford Panel on a Single Canadian Securities Regulator today released summaries of input received on its discussion paper, A Blueprint for a New Model, during a series of regional roundtable discussions held across the country earlier this year.

"The panel is pleased with both the scope and quality of input received from participants in the consultation process," said Purdy Crawford, chair of the panel and a legal authority on securities regulation. "The comments are quite constructive and will help guide the panel in the preparation of a final report expected in early June."

The Crawford Panel on a Single Canadian Securities Regulator was established in May 2005 by the Ontario minister responsible for securities regulation. It was tasked with recommending a model for a common securities regulator, a common body of securities law and a single fee structure. The panel released its discussion paper on December 7, 2005.

Subsequent to the release of the discussion paper, regional roundtables were established to ensure that the panel received a cross-section of opinion, comment and suggestions on its proposed model. More than 74 people participated in the roundtable meetings, held in Vancouver, Calgary, Winnipeg, Toronto, Montreal and Halifax between February 14 and April 11, 2006. The meetings were chaired by a panel member and independently facilitated by representatives of the Public Policy Forum.

Panel members are Brian A. Canfield, chair, TELUS Corporation; Claude Lamoureux, president and chief executive officer, Ontario Teachers' Pension Plan Board; John MacNaughton, corporate director and former president and chief executive officer, Canada Pension Plan Investment Board; Jacques Ménard, chairman, BMO Nesbitt Burns and president, BMO Financial Group, Québec; Gwyn Morgan, vice chairman and director, EnCana Corporation; Dawn Russell, associate professor and former dean, Dalhousie Law School; and Purdy Crawford, counsel, Osler, Hoskin & Harcourt LLP.


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Media contact:
Deb Trouten
416-485-2412, 416-574-8031 (wireless)
detrouten@dakota-comm.com

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