Orders and Exemptions

Decision Information

Neufeld, Jack Hiebert, Geoffrey Scott Edgelow and The Jack Neufeld Family Charitable Foundation

Collection Orders and Exemptions
Date 2026-02-10
Other citations Order No. 7741
File numbers Order No. 7741
Decision type Local Order
Jurisdiction Manitoba Securities Commission
Relations See also - Neufeld, Jack Hiebert, Geoffrey Scott Edgelow and The Jack Neufeld Family Charitable Foundation - Neufeld - 001 - 2021-03-10 - Notice of Adjournment
See also - Neufeld, Jack Hiebert, Geoffrey Scott Edgelow and The Jack Neufeld Family Charitable Foundation - Neufeld - 001 - 2021-09-08 - Notice of Adjournment
See also - Neufeld, Jack Hiebert, Geoffrey Scott Edgelow and The Jack Neufeld Family Charitable Foundation - Neufeld - 001 - 2023-01-04 - Reasons for Decision
See also - Neufeld, Jack Hiebert and The Jack Neufeld Family Charitable Foundation - 2024 MBCA 97 - Neufeld - 001 - 2024-11-29 - Reasons for Decision
Law The Securities Act; Section 148 of The Securities Act; Section 19 of The Securities Act

Decision Content

The Security Act, CCSM c S50


Section 19(5), 148.1(1), 148.2(3),
148.3(1) and 154                  

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Order No. 7741

                                               

February 10, 2026

 

 

JACK HIEBERT NEUFELD, GEOFFREY SCOTT EDGELOW AND THE JACK NEUFELD FAMILY CHARITABLE FOUNDATION

 

BACKGROUND

 

1.        On March 6, 2015, staff of the Manitoba Securities Commission (the "Commission") issued a Notice of Hearing and Statement of Allegations giving notice of their intention to hold a hearing to consider, inter alia, whether it is in the public interest to grant an order pursuant to sections 19(5), 148.1(1), 148.2(3), 148.3(1), and/or 154 of The Securities Act, CCSM c s50 (the "Securities Act") with respect to Jack Hiebert Neufeld, Geoffrey Scott Edgelow and the Jack Neufeld Family Charitable Foundation (the "Respondents").

 

2.        The matter was heard before a panel of the Commission on November 29, 2021, November 30, 2021, December 1, 2021, December 2, 2021, December 3, 2021,

February 8, 2022, February 9, 2022, and August 11, 2022.

3.        Upon hearing the evidence and the submissions of counsel for staff of the Commission and counsel for the respondents, the Commission is of the opinion that it is in the public interest to make this order.

 

 

IT IS ORDERED THAT:

 

1.    Pursuant to section 19(5) of the Securities Act, the Respondents are prohibited from the use of exemptive relief in the Securities Act and regulations for a period not less than 10 years.

 

2.    Pursuant to section 148.1(1) of the Securities Act, the Respondents shall pay an administrative penalty to the Commission in the amount of $25,000.

 

 

 

 

3.    Pursuant to section 148.2(3) of the Securities Act, the Respondents shall pay compensation for financial loss to Youth for Christ/Portage Inc. in the amount of $123,200.

 

4.    Pursuant to section 148.2(3) of the Securities Act, the Respondents shall pay compensation for financial loss to Helena Penner in the amount of $250,000.

 

5.    Pursuant to section 148.3(1) of the Securities Act, Jack Hiebert Neufeld is prohibited from being an officer and/or director for a period of not less than 10 years.

 

6.    Pursuant to section 154 of the Securities Act, the Respondents shall pay costs to the Commission in the amount of $35,500.

 

7.    The Respondents are jointly and severally liable for all amounts due and owing, and all payments shall be made immediately.

 

8.    The prohibitions will remain in force and effect thereafter until all payments are satisfied in full.

 

 

February 10, 2026

 

BY ORDER OF THE COMMISSION

 

                                                                         _______________________________________

                                                            Director

 

 

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