NAV Canada Sells $250M Medium Term Notes

NAV CANADA completed the sale on November 9, 2001 of $250 million of its Medium Term Notes Series MTI-2 at an interest rate of 3.75 per cent under its shelf prospectus through a group of dealers led by RBC Dominion Securities Inc.

Nav Canada was represented by Gowling Lafleur Henderson LLP with a legal team led by Guy David in Ottawa with Pierre Lissoir in Montreal, Brian Mainwaring in Calgary and Brett Kagetsu in Vancouver. The dealers were represented by Mihkel Voore and Maurice Swan of Stikeman Elliott.


Maurice J. Swan Guy David Mihkel E. Voore Pierre Lissoir Brian W. Mainwaring Brett A. Kagetsu