Certificate of Completion

City of Toronto

161 Bay Street, 28th and 29th Floors, Toronto, ON

161 Bay Street, 28th and 29th Floors, Toronto, ON

28th floor expansion and 29th floor reconfiguration

Date substantially performed:

2008-11-07

Date certificate signed:

2008-11-10

Name of Owner

Canaccord Capital

Address of Owner

161 Bay Street, Suite 2800, Toronto, ON

Name of Contractor

Rae Brothers Ltd.

Address of Contractor

60 Modern Road, Scarborough, ON

Name of Certifier

Milena Milicevic

Address of Certifier

230 Richmond Street West, 5th Floor, Toronto, ON M5V 1V6

161 Bay Street, 28th & 29th Floors, Toronto, ON