United States Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Lifetime Hoan Corp.
Common Stock, no par value
Cusip Number
531926103
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
{X} Rule 13d-1(b)
* The remainder of this coverage page shall be filled out for a
reporting person's initial filing in 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.
CUSIP No. 531926103
1. NAME OF REPORTING PERSON.
Lincluden Management Limited
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.
(A) { }
(B) { }
3. SEC USE ONLY.
4. CITIZENSHIP OR PLACE OF ORGANIZATION.
Ontario, Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER. 386,355
6. SHARED VOTING POWER. 415,130
7. SOLE DISPOSITIVE POWER. 801,485
8. SHARED DISPOSITIVE POWER. 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
801,485
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES.
Not applicable.
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9).
6.4%
12. TYPE OF REPORTING PERSON.
1A.
ITEM 1(A). NAME OF ISSSUER
Lifetime Hoan Corp.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
One Merrick Avenue
Westbury, NY 11590
ITEM 2(A). NAME OF PERSON FILING
Lincluden Management Limited
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR IF NONE, RESIDENCE
1275 North Service Road West
Suite 607
Oakville, Ontario, Canada L6M 3G4
ITEM 2(C). CITIZENSHIP
Ontario, Canada
ITEM 2(D). TITLE OR CLASS OF SECURITIES
Common Stock
ITEM 2(E). CUSIP NUMBER
531926103
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13D-1(B)
OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) { } Broker or dealer registered under section 15 of
the Act (15 U.S.C. 78o);
(b) { } Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c) { } Insurance Company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c);
(d) { } Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e) { X } An investment adviser in accordance with section
240.13d-1(b)(1)(ii)(E);
(f) { } An employee benefit plan or endowment fund in
accordance with section 240.13d-1(b)(1)(ii)(F);
(g) { } A parent holding company or control person in
accordance with section 240.13d-1(b)(1)(ii)(G);
(f) { } A savings association as defined in section 3(b) of
The Federal Deposit Insurance Act (12 U.S.C. 1813);
(g) { } A church plan that is excluded from the definition of
an investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3).
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 801,485
(b) Percent of Class: 6.4%
(c) Number of Shares as to which such person has:
(i) sole power to vote or direct the vote: 386,355
(ii) shared power to vote or direct the vote: 415,130
(iii) sole power to dispose or to direct the
disposition of: 801,485
(iv) shared power to dispose or to direct the disposition
of: 0
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
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 as of the 10th day of February, 2000.
Richard H. Konrad
Vice-President
