(a) a government of Canada or any province of Canada or a crown corporation or agency of a Canadian federal or provincial government,

(b) a municipal corporation, public board or commission in Canada,

(c) a savings institution,

(d) a cooperative credit society as defined in the Cooperative Credit Associations Act (Canada) or a savings and credit union, federation or confederation as defined in the Savings and Credit Unions Act (Quebec),

(e) the Business Development Bank of Canada,

(f) a pension fund that is regulated by either the Office of the Superintendent of Financial Institutions (Canada) or a provincial pension supervisory authority,

(g) an insurance company,

(h) a trust company or insurer authorized under the laws of Canada or the laws of a province other than British Columbia to carry on business in Canada or that province,

(i) a mortgage broker acting as principal,

(j) a person registered under the Securities Act or the securities legislation of another province as an investment dealer or equivalent, acting as principal or as an agent or trustee for accounts that are fully managed by it,

(k) a person registered under the Securities Act or the securities legislation of another province as a portfolio manager or equivalent, acting as principal or as an agent or trustee for accounts that are fully managed by it,

(l) a mutual fund or non-redeemable investment fund, if the investment portfolio of the fund is managed by a person that is registered under the Securities Act or the securities legislation of another province as a portfolio manager or equivalent, or

(m) such other person as may be designated by order of the commission;

(a) the syndicated mortgage is not contained in or secured by a bond, debenture or similar obligation or in a trust deed or other instrument to secure bonds or debentures or similar obligations,

(b) the syndicated mortgage is sold through a mortgage broker,

(c) the syndicated mortgage secures a debt obligation on property used solely for residential purposes and containing no more than four residential dwelling units,

(d) the syndicated mortgage does not secure a debt obligation incurred for the construction or development of property,

(e) at the time of issue, the amount of the debt secured by the syndicated mortgage, together with all other debt secured by mortgages on the property that have priority over, or the same priority as, the syndicated mortgage, does not exceed 90 percent of the fair market value of the property, excluding any value that may be attributed to proposed or pending development on the property,

(f) the syndicated mortgage is limited to one identified debt obligation,

(g) the rate of interest payable under the syndicated mortgage is equal to the rate of interest payable under the identified debt obligation,

(h) any amount charged for the administration of the syndicated mortgage is disclosed to the purchaser, and

(i) the term of the syndicated mortgage is not different from the term of the identified debt obligation;