* THIS IS A CONFIRMING COPY OF A FILING MADE IN PAPER FORM ON
MAY 13, 1996 THAT INCLUDED THE REQUISITE FILING FEE.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No: Initial)*
FIRSTSERVICE CORPORATION
(Name of Issuer)
COMMON SHARES
(Title of Class of Securities)
33761N109 (CUSIP Number)
Harold P. Hands, Executive Vice President, Legal
MACKENZIE FINANCIAL CORPORATION,
150 BLOOR STREET WEST, SUITE M111, TORONTO, ONTARIO M5S 3B5
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 7, 1994*
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-
1(b) (3) or (4), check the following box [ X ].
Check the following box if a fee is being paid with this
statement [ X ]. (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).
________________________________________________________________
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Industrial Equity Fund Limited, by its Investment Advisor,
Mackenzie Financial Corporation
_________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ X ]
_________________________________________________________________
3. SEC USE ONLY
_________________________________________________________________
4. SOURCE OF FUNDS
Internal, Investment Company Assets
_________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ]
PURSUANT TO ITEMS 2(d) OR 2(E)
_________________________________________________________________
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Toronto, Ontario, Canada
_________________________________________________________________
7. SOLE VOTING POWER
598,200 shares (through Investment Advisor,
Mackenzie Financial Corporation)
NUMBER OF __________________________________________________
SHARES
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY Nil
EACH __________________________________________________
REPORTING
PERSON 9. SOLE DISPOSITIVE POWER
WITH 598,200 shares (through Investment Advisor,
Mackenzie Financial Corporation)
__________________________________________________
10. SHARED DISPOSITIVE POWER
Nil
________________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
598,200 Shares
_________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES.* [ ]
_________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.6%
_________________________________________________________________
12. TYPE OF REPORTING PERSON*
IC-Unregistered Investment Company (Canadian Mutual Fund
Corporation).
_________________________________________________________________
ITEM 1 SECURITY AND ISSUER
Common Shares
FirstService Corporation
1140 Bay Street, Suite 4000
Toronto, ON M5S 2B4
ITEM 2 IDENTITY AND BACKGROUND
ITEM 2(a) NAME
Industrial Equity Fund Limited
ITEM 2(b) BUSINESS ADDRESS
150 Bloor Street West, Suite M111
Toronto, Ontario M5S 3B5
ITEM 2(c) PRINCIPAL BUSINESS
Canadian Mutual Fund Corporation
ITEM 2(d) CRIMINAL CONVICTIONS
Nil
ITEM 2(e) CIVIL PROCEEDINGS
Nil
ITEM 2(f) CITIZENSHIP
N/A
ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Purchase price paid from internal source - net assets
of Canadian Mutual Fund Corporation
ITEM 4 PURPOSE OF TRANSACTION
The purpose of the transactions reported on this Form
Schedule 13D is investment. The reporting entity has
acquired the securities in the ordinary course of
business and not with the purpose nor with the effect
of changing or influencing the control of the issuer,
nor in connection with or as participant in any
transaction having such purpose or effect, including
any transaction subject to Rule 13d-3(b) under the
Securities and Exchange Act of 1934, as amended.
ITEM 5 INTEREST IN SECURITIES OF THE ISSUER
ITEM 5(a) AGGREGATE NUMBER AND PERCENTAGE OF SHARES BENEFICIALLY
OWNED
598,200 shares, 6.6%
ITEM 5(b) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or direct the vote:
598,200 shares through Investment
Adviser (Mackenzie Financial Corp.)
(ii) Shared power to vote or direct the vote:
NIL
(iii) Sole power to dispose or direct the
disposition:
598,200 shares through Investment
Adviser (Mackenzie Financial Corp.)
(iv) Shared power to dispose or direct the
disposition: NIL
ITEM 5(c) TRANSACTIONS
(i) Transaction effected by:
Industrial Equity Fund Limited
(ii) Date: June 7, 1994
(iii) Amount: 195,200 shares
(iv) Price per share: $5.75
(v) Where and how transaction effected:
Market Transaction
ITEM 5(d) OTHER INTERESTS
Nil
ITEM 5(e) DATE ON WHICH REPORTING PERSON CEASED TO BE BENEFICIAL
OWNER OF MORE THAN 5%
N/A
ITEM 6 CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
N/A
ITEM 7 MATERIAL TO BE FILED AS EXHIBITS
N/A
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.
HAROLD P. HANDS Date: May 13, 1996
Executive Vice President,
Legal
