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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Brascan Corporation
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(Name of Issuer)
Class A Limited Voting Shares
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(Title of Class of Securities)
10549P
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(CUSIP Number)
May 11, 2004
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
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*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Sec 1745 (6/01)
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CUSIP NO. 10549P 13G
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Canada Pension Plan Investment Board / Not applicable
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) |_|
Not applicable (b) |_|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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5. SOLE VOTING POWER
NUMBER OF 12,917,781
SHARES ----------- ------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ----------- ------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH
12,917,781
------------------------------- ----------- ------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,917,781
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) |_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.02%
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12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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Item 1(a). Name of Issuer
The name of the issuer is Brascan Corporation (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices
The principal executive offices of the Company are located at BCE
Place, 181 Bay Street, Suite 300, P.O. Box 762, Toronto ON M5J 2T3.
Item 2(a). Name of Person Filing
This statement is being filed by Canada Pension Plan Investment Board
("CPP Investments").
Item 2(b). Address of Principal Business Office or, if none, Residence
The address of the principal business office of the reporting person
is One Queen Street East, Suite 2700, Toronto, Ontario M5C 2W5,
Canada.
Item 2(c). Citizenship
Canada.
Item 2(d). Title of Class of Securities
The securities to which this statement relates are Class A Limited
Voting Shares (the "Shares") of the Company.
Item 2(e). CUSIP Number
The CUSIP number of the Shares is 10549P.
Item 3. If this statement is filed pursuant toss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not applicable.
Item 4. Ownership
(a As of May 20, 2004, CPP Investments directly owned 12,917,781
Shares.
(b) The Shares directly owned by CPP Investments represented
approximately 5.02 % of the issued and outstanding Shares as
of May 20, 2004.
(c) As of May 20, 2004, CPP Investments had the sole power to vote
or to direct the voting of the Shares and had the sole power
to dispose of or to direct the disposition of the Shares.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in
any transaction having that purpose or effect.
Signature
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After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct. As of May 20, 2004
Canada Pension Plan Investment Board
By: /s/
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Name: J.H. Butler
Title: Vice President, General Counsel and
Corporate Secretary