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CIRCULAR 030-17 March 8, 2017 POSITION LIMITS FOR 39 NEW CANADIAN SHARE FUTURES CONTRACTS In anticipation of the listing of 39 new Canadian share futures on March 10, 2017, the position limits for each of the 39 share futures listed at Bourse de Montréal Inc. (the Bourse) are outlined in the attached list. The position limits for share futures contracts apply to all net long or net short futures positions in all contract months combined, that are aggregated with options on the same side of the market, relating to the same underlying interest (whether long or short), in accordance to Article 6651 of the Rules of the Bourse. These new limits are effective as March 10, 2017.

Share Futures Symbol FAE FGA FTA FAX FBA FBB FBD FBM FOC FCQ FCP FCT FVE FGI FCG FDO FEL FMQ FFV

Underlying Symbol AEM AGU ATD.B ARX ABX BB BBD.B BAM.A CCO CNQ CP CTC.A CVE GIB.A CPG DOL ELD FM FNV

Name of Underlying Canadian Shares Agnico-Eagle Mines Limited Agrium Inc. Alimentation Couche-Tard Sub. Voting Arc Resources Ltd. Barrick Gold BlackBerry Ltd. Bombardier Inc. Class B Brookfield Asset Management Inc. CL Cameco Corporation Canadian Natural Resources Limited Canadian Pacific Railway Ltd Canadian Tire Ltd Class A Cenovus Energy Inc. CGI Group Inc. Class A Crescent Point Energy Corp Dollarama Inc. Eldorado Gold Corporation First Quantum Minerals Ltd. Franco Nevada Corp. Tour de la Bourse P.O. Box 61, 800 Victoria Square, Montréal, Quebec H4Z 1A9 Telephone: (514) 871-2424 Toll-free within Canada and the U.S.A.: 1 800 361-5353 Website: www.m-x.ca

Position Limit (# of contracts) 250,000 75,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 75,000 50,000 250,000 250,000 250,000 75,000 250,000 250,000 250,000

Circular no.: 030-17

Share Futures Symbol FWN FGW FGG FHS FMO FKK FLL FMI FMU FPO FQR FIR FSA FSJ FLW FCL FSU FTK FRV FYR

Underlying Symbol WN GIL G HSE IMO K L MG MRU POT QSR RCI.B SAP SJR.B SLW SNC SU TECK.B VRX YRI

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Position Limit (# of contracts) George Weston Ltd. 50,000 Gildan Activewear Inc. 250,000 Goldcorp Inc. 250,000 Husky Energy Inc. 250,000 Imperial Oil Ltd. 250,000 Kinross Gold Corp. 250,000 Loblaw Cos. Ltd. 250,000 Magna International Inc. 250,000 Metro Inc. 250,000 Potash Corporation of Saskatchewan 250,000 Restaurants Brand International Inc. 75,000 Rogers Communications Inc. Class B Non-Voting 250,000 Saputo Inc. 200,000 Shaw Communications Inc. Class B 250,000 Silver Wheaton Corp. 250,000 SNC-Lavalin Group Inc. 75,000 Suncor Energy Inc. 250,000 Teck Resources B Ltd. 250,000 Valeant Pharmaceuticals International Inc. 250,000 Yamana Gold Inc. 250,000 Name of Underlying Canadian Shares

Please be reminded that in accordance to Article 6651 – Position Limits for Options and Share Futures Contracts of the rules of the Bourse, calls written, puts held, a net short share futures position, and short underlying interest are on the same side of the market and puts written, calls held, a net long share futures position, and long underlying interest are on the same side of the market. Large open positions must be reported in accordance to Article 14102 – Reports Pertaining to the Accumulation of Positions for Derivative Instruments. The reporting threshold for large open position reports (LOPR) of share futures is 250 contracts. Please refer to Circular 149-16 for more details.

Tour de la Bourse P.O. Box 61, 800 Victoria Square, Montréal, Quebec H4Z 1A9 Telephone: (514) 871-2424 Toll-free within Canada and the U.S.A.: 1 800 361-5353 Website: www.m-x.ca

Circular no.: 030-17

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For more information, please contact Mr. Jasminder Jakhar, Senior Market Analyst, Regulatory Division, by telephone at 514 787-6543, or by e-mail at [email protected].

Julie Rochette Vice President and Chief Regulatory Officer

Tour de la Bourse P.O. Box 61, 800 Victoria Square, Montréal, Quebec H4Z 1A9 Telephone: (514) 871-2424 Toll-free within Canada and the U.S.A.: 1 800 361-5353 Website: www.m-x.ca