SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 15

Certification and Notice of Termination of Registration under Section 12(g) of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

Commission File Number 0-16078

O&Y Properties Corporation

(Exact name of registrant as specified in its charter)

1 First Canadian Place, Suite 3300
Toronto, Ontario
Canada M5X 1B1
Telephone: (416) 862-6900

(Address, including zip code, and telephone number, including area code
of registrant’s principal executive offices)

Common Shares

(Title of each class of securities covered by this Form)

None

(Titles of all other classes of securities for which a
duty to file reports under section 13(a) or 15(d) remains)

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:

Rule 12g-4(a)(1)(i)
Rule 12g-4(a)(1)(ii)
Rule 12g-4(a)(2)(i)
Rule 12g-4(a)(2)(ii)
[     ]
[     ]
[X  ]
[     ]
Rule 12h-3(b)(1)(i)
Rule 12h-3(b)(1)(ii)
Rule 12h-3(b)(2)(i)
Rule 12h-3(b)(2)(ii)
Rule 15d-6
  [     ]
[     ]
[     ]
[     ]
[     ]
 

Approximate number of holders of record as of the certification or notice date: 205

Pursuant to the requirements of the Securities Exchange Act of 1934, O&Y Properties Corporation has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

DATE:	June 30, 2003	BY:	/s/ Randy Northey
			Randy Northey Senior Vice-President, General Counsel and Secretary