UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
Under the Securities Exchange Act of 1934
For the Month of January 2017
Commission File No.: 333-159793-01
TELESAT CANADA
(formerly Telesat Holdings Inc.)
(Name of Registrant)
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-Fý Form 40-F¨
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¨ Noý
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¨ Noý
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes¨ Noý
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A.
Distribution to Shareholders
On January 25, 2017, the Board of Directors of Telesat Canada declared a special cash distribution to its shareholders, in the form of a reduction in the stated capital of Telesat Canada, in the amount of approximately US$400 million, which amount was paid on January 27, 2017. The Company funded the shareholder distribution with cash on hand.
SIGNATURES
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 |
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Date: January 27, 2017 | By: | /s/ CHRISTOPHER S. DIFRANCESCO |
| | Name: | Christopher S. DiFrancesco |
| | Title: | Vice President, General Counsel and Secretary |