Nextleaf Solutions Ltd. — Regulatory Filings 2021

Nov 16, 2021

Deloitte & Touche LLP 30 Rockefeller Plaza New York, NY 10112-0015 USA Tel: +1-212-492-4000 Fax: +1-212-489-1687 www.deloitte.com

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November 16, 2021

To: Alberta Securities Commission Autorité des marchés financiers British Columbia Securities Commission Financial and Consumer Affairs Authority of Saskatchewan Financial and Consumer Services Commission (New Brunswick) Nova Scotia Securities Commission Office of the Superintendent of Securities (Prince Edward Island) Office of the Superintendent of Securities Service Newfoundland and Labrador Ontario Securities Commission The Manitoba Securities Commission Nunavut Securities Office Office of the Superintendent of Securities (Northwest Territories) Office of the Yukon Superintendent of Securities

Dear Sirs/Mesdames:

RE: Telesat Corporation (the “Company”) and Telesat Partnership LP (the “Partnership”)

We refer to the non-offering prospectus of the Company dated November 16, 2021 relating to be filed to enable the Company and the Partnership to become reporting issuers (the “Prospectus”).

We, Deloitte & Touche LLP, consent to being named and to the use, in the Prospectus, of our report dated March 8, 2021 to the shareholders and the board of directors of Loral Space & Communications Inc. on the following financial statements:

Consolidated balance sheets as of December 31, 2020, 2019 and 2018;

Consolidated statements of operations, comprehensive income, shareholders’ equity and cash flows for the years then ended, and the related notes and Schedule II.

We report that we have read the Prospectus and all information therein and have no reason to believe that there are any misrepresentations in the information contained therein that are derived from the financial statements upon which we have reported or that are within our knowledge as a result of our audits of such financial statements. We have complied with Canadian generally accepted standards for an auditor's consent to the use of a report of the auditor included in an offering document, which does not constitute an audit or review of the Prospectus as these terms are described in the CPA Canada Handbook – Assurance.

Yours truly,

/s/ Deloitte & Touche LLP