-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000919859-97-000015.txt : 19970221
<SEC-HEADER>0000919859-97-000015.hdr.sgml : 19970221
ACCESSION NUMBER:		0000919859-97-000015
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19970210
SROS:			NONE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FAHNESTOCK VINER HOLDINGS INC
		CENTRAL INDEX KEY:			0000791963
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				980080034
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-48859
		FILM NUMBER:		97522774

	BUSINESS ADDRESS:	
		STREET 1:		20 EGLINTON AVENUE WEST
		STREET 2:		PO BOX 2015 SUITE 1110
		CITY:			TOTRONTO M4R 1K8
		STATE:			A6
		BUSINESS PHONE:		4163643397

	MAIL ADDRESS:	
		STREET 1:		PO BOX 2015 SUITE 1110
		STREET 2:		20 EGLINTON AVENUE WEST
		CITY:			TORONTO ONTARIO
		STATE:			A6

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MACKENZIE FINANCIAL CORP
		CENTRAL INDEX KEY:			0000919859
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		150 BLOOR ST STE M111
		STREET 2:		TORONTO ONTARIO
		CITY:			M5S 3B5
		STATE:			A6
		BUSINESS PHONE:		6177287161

	MAIL ADDRESS:	
		STREET 1:		150 BLOOR STREET
		STREET 2:		STE M111
		CITY:			TORONTO ONTARIO
		STATE:			A6
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<TEXT>

                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549



                           SCHEDULE 13G



            Under the Securities Exchange Act of 1934

                       (Amendment No. 1 )*


                  FAHNESTOCK VINER HOLDINGS INC.
                         (Name of Issuer)


                          CLASS A STOCK
                  (Title of Class of Securities)


                            302921101
                          (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 a ll other provisions of the Act (however, see the
Notes).

                        Page 1 of 4 Pages
CUSIP No. 302921101        Schedule 13G               Page 2 of 4


1.   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

     Mackenzie Financial Corporation

2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
                                                  (b) X

3.   SEC USE ONLY

4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Toronto, Ontario, Canada

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5.   SOLE VOTING POWER
     1,111,700 Shares

6.   SHARED VOTING POWER
     Nil

7.   SOLE DISPOSITIVE POWER
     1,111,700 Shares

8.   SHARED DISPOSITIVE POWER
     Nil

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    1,111,700 Shares

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 
    SHARES.*

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    8.9%

12. TYPE OF REPORTING PERSON *

    IA<PAGE>
                           Schedule 13G               Page 3 of 4

Item 1(a) Name of Issuer
          FAHNESTOCK VINER HOLDINGS INC.

Item 1(b) Address of Issuer's Principal Executive Offices
          P.O. Box 16, Suite 1204
          181 University Avenue
          Toronto, ON  M5H 3M7
          
Item 2(a) Name of Person Filing
          Mackenzie Financial Corporation

Item 2(b) Address of Principal Business Office
          150 Bloor Street West, Suite M111
          Toronto, Ontario  M5S 3B5

Item 2(c) Citizenship
          Organized in Toronto, Ontario, Canada

Item 2(d) Title of Class of Securities
          Class A Stock

Item 2(e) CUSIP Number
          302921101

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
               (b)  [    ]    Bank
               (c)  [    ]    Insurance Company
               (d)  [    ]    Investment Company
               (e)  [  X ]    Investment Adviser
               (f)  [    ]    Employee Benefit Plan, Pension Fund or
                              Endowment Fund
               (g)  [    ]    Parent Holding Company
               (h)  [    ]    Group

Item 4    Ownership

          (a)  Amount Beneficially Owned
               1,111,700 Shares

          (b)  Percent of Class
               8.9%

          (c)  Number of shares as to which such person has:

               (i)  sole power to vote            1,111,700 Shares
               (ii) shared power to vote               Nil
               (iii)     sole power to dispose              1,111,700 Shares
               (iv) shared power to dispose            Nil
                           Schedule 13G               Page 4 of 4


 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 hereof the reporting person has ceased to be the beneficial
          owner of more than five percent of the class of securities, check
          the following [  ].

          [ X ]     Not applicable

Item 6    Ownership of More than Five Percent on Behalf of Another Person
          
          Several accounts managed by Mackenzie Financial Corporation have the
          right to receive dividends and the proceeds from the sale of these
          securities, none of which own more than 5% of the Class A stock of
          Fahnestock Viner Holdings Inc.

Item 7    Identification and Classification of the Subsidiary Which Acquire
          the Security Being Reported on By the Parent Holding Company

          N/A

Item 8    Identification and Classification of Members of the Group

          N/A

Item 9    Notice of Dissolution of Group

          N/A

 Item 10  Certification
          By signing below I certify that, to the best of my knowledge and
          belief, the securities referred to above were acquired in the
          ordinary course of business and were not acquired for the purpose of
          and do not have the effect of changing or influencing the control of
          the issuer of such securities and were not acquired in connection
          with or as a participant in any transaction having such purposes or
          effect.

          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.




          Margo D. MacGougan
          Assistant Vice President              February 10, 1997
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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