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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
QUEBECOR PRINTING INC.
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(Name of Issuer)
COMMON SUBORDINATE VOTING
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(Title of Class of Securities)
747922102
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the
class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less
of such class.) (See Rule 13d-7).
*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).
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CUSIP No. 747922102 Page 2 of 4 Pages
1. NAME OF REPORTING PERSON
Ontario Municipal Employees Retirement Board
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 04 2722987
One University Avenue, Suite 1000, Toronto, Ontario M5J 2P1 Canada
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
Inapplicable (b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
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NUMBER OF | 5. SOLE VOTING POWER
|
SHARES | 3,322,450
| -----------------------------------------------------------
BENEFICIALLY | 6. SHARED VOTING POWER
|
OWNED BY | 0
| -----------------------------------------------------------
EACH | 7. SOLE DISPOSITIVE POWER
|
REPORTING | 2,936,950
| -----------------------------------------------------------
PERSON | 8. SHARED DISPOSITIVE POWER
|
WITH | 385,500
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,322,450
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Inapplicable
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.3524
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12. TYPE OF REPORTING PERSON*
EP
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CUSIP No. 747922102 Page 3 of 4 Pages
Item 1(a) Name of Issuer:
QUEBECOR PRINTING INC.
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Item 1(b) Address of Issuer's Principal Executive Offices:
612 St. Jacques Street, Montreal, Quebec H3C 4M8, Canada
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Item 2(a) Name of Person Filing:
Ontario Municipal Employees Retirement Board
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Item 2(b) Address of Principal Business Office:
One University Avenue, Suite 1000
Toronto, Ontario Canada M5J 2P1
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Item 2(c) Citizenship:
Incorporated in Ontario, Canada
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Item 2(d) Title of Class of Securities:
Common Subordinate Voting
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Item 2(e) CUSIP Number:
747922102
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a)( ) Broker or Dealer registered under Section 15 of the Act
(b)( ) Bank as defined in Section 3(a)(6) of the Act
(c)( ) Insurance Company as defined in Section 3(a)(19) of the Act
(d)( ) Investment Company registered under Section 8 of the
Investment Company Act
(e)( ) Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
(f)( X ) Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see (Section
240.13d-1(b)(1)(ii)(F)
Filing a Schedule 13G pursuant to a No Action Letter
dated February 14, 1994.
(g)( ) Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G)
(h)( ) Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
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Item 4 Ownership
If the percent of the class owned, as of December 31, of the year covered
by the statement, or as of the last day of any month described in Rule
13d-1(b)(2), if applicable, exceeds five percent, provide the following
information as of that date and identify those shares which there is a
right to acquire.
(a) Amount beneficially owned:
3,322,450
(b) Percent of class:
6.3524
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
3,322,450
(ii) shared power to vote or to direct the
vote:
0
(iii) sole power to dispose or to direct the
disposition of:
2,936,950
(iv) shared power to dispose or to direct the
disposition of:
385,500
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CUSIP No. 747922102 Page 4 of 4 Pages
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Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date
thereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following ( ).
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Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
Not Applicable
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Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable
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Item 8 Identification and Classification of Members of the Group:
Not Applicable
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Item 9 Notice of Dissolution of Group:
Not Applicable
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Item 10 Certification:
Not Applicable
SIGNATURE
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.
Dated: February 1999
By: /s/ G. TOM GUNN
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G. Tom Gunn
Senior Vice President,
Investment Division
