6-K

United States
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of

 the Securities Exchange Act of 1934

For the month of June 2012

Commission File Number: 333-159793

Telesat Canada

(Exact name of registrant as specified in its charter)

1601 Telesat Court, Ottawa, Ontario, Canada K1B 5P4

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F þ       Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes o      No þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes o      No þ

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes o      No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  N/A 

Exhibits

The information below is furnished to the U.S. Securities and Exchange Commission as part of this report of foreign issuer on Form 6-K.

Exhibit No.	Description
99.1	Press release of Telesat Canada, dated June 14, 2012, announcing the completion of the redemption of its 11.0% senior notes.

- 1 -

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

TELESAT CANADA
(Registrant)  

June 14, 2012                                                              By:  /s/Christopher S. DiFrancesco               

Name: Christopher S. DiFrancesco

Title:    Vice President, General Counsel and Secretary

EX-99.1

Exhibit 99.1

Telesat Canada Announces Completion
of the Redemption of Its Outstanding 11.0% Senior Notes

OTTAWA, CANADA, June 14, 2012 – Telesat Canada (“Telesat”), a wholly-owned subsidiary of Telesat Holdings Inc., announced today the completion of the redemption of all of its outstanding 11.0% Senior Notes due 2015 (the "Senior Notes") issued under an indenture dated as of June 30, 2008. 

The total aggregate redemption price paid in respect of the $454.1 million principal amount of Senior Notes that remained outstanding following completion of Telesat’s previously announced tender offer to acquire the Senior Notes was approximately $485.1 million, including approximately $25.0 million in respect of the 5.5% call premium and accrued interest in the amount of approximately $6.0 million.  Telesat financed the redemption using the proceeds from the issuance of its 6.0% senior notes due 2017 in a private placement completed on May 14, 2012 and cash-on-hand.

About Telesat (www.telesat.com) 

Telesat is a leading global fixed satellite services operator providing reliable and secure satellite-delivered communications solutions worldwide to broadcast, telecom, corporate and government customers. Headquartered in Ottawa, Canada, with offices and facilities around the world, the company’s state-of-the-art fleet consists of 13 satellites and the Canadian Ka-band payload on ViaSat-1, plus one satellite under construction. Telesat also manages the operations of additional satellites for third parties. Privately held, Telesat’s principal shareholders are Canada’s Public Sector Pension Investment Board and Loral Space & Communications Inc. (NASDAQ: LORL).

For further information:

Michael Bolitho, Telesat, +1 (613) 748-8700 ext. 2336 (ir@telesat.com)