Order: Ontario Securities Commission v Emerge Canada Inc.

BETWEEN:

ONTARIO SECURITIES COMMISSION
(Applicant)

-and-

EMERGE CANADA INC., LISA LANGLEY, DESMOND ALVARES, MARIE ROUNDING, MONIQUE HUTCHINS AND BRUCE FRIESEN
(Respondents)

File No. 2025-7

Adjudicators:
Andrea Burke
James G.D. Douglas
Sandra Blake

April 20, 2026

ORDER

WHEREAS the merits hearing took place before the Capital Markets Tribunal on March 23, 24, 25, 26, 27, April 7, 8, 9, 10 and 13, 2026, and the Tribunal requested the parties to provide their timing for filing materials and scheduling oral closing submissions for the merits hearing;

ON READING the correspondence from the parties and on being advised that all parties agree to the hearing dates and timeline for materials;

IT IS ORDERED THAT:

1. oral closing submissions in the merits hearing shall commence August 5, 2026, at 10:00 a.m., at the Capital Markets Tribunal located at 20 Queen Street West, 17th Floor, Toronto, Ontario, and continue August 6 and 7 2026, commencing at 10:00 a.m. on each day, or as may be agreed to by the parties and set by the Governance & Tribunal Secretariat; and
2. the schedule for written closing submissions is as follows:
   1. by 4:30 p.m. on May 19, 2026, the Ontario Securities Commission shall file and serve written closing submissions;
   2. by 4:30 p.m. on June 30, 2026, each of the respondents shall file and serve responding written closing submissions; and
   3. by 4:30 p.m. on July 21, 2026, the Ontario Securities Commission shall file and serve reply written closing submissions, if any.