SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

Form 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

For the month of October, 2003

Boardwalk Equities Inc.

(Translation of registrant’s name into English)

Suite 200, 1501 – 1 Street S.W.
Calgary, Alberta, Canada T2R 0W1

(address of principal executive offices)

Commission File Number: 1-15162

[Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.]


Form 20-F o		Form 40-F þ

[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 o		No þ

[If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ]

TABLE OF CONTENTS


DOCUMENTS FURNISHED HEREUNDER:
SIGNATURES

DOCUMENTS FURNISHED HEREUNDER:

Toronto Stock Exchange Changes in Capital Structure of Listed Companies (Employee Stock Options and Stock Purchase Plans, Options for Services and Related Matters), together with detailed listing of specific options issued, cancelled or exercised, with respect to optionholders of the registrant for the month of October, 2003.

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.


	BOARDWALK EQUITIES INC.



November 20, 2003	By:	(Signed) “Roberto Geremia” Roberto Geremia Vice-President Finance and Chief Financial Officer


CHANGES IN CAPITAL STRUCTURE OF LISTED COMPANIES Employee Stock Options and Stock Purchase Plans, Options for Services and Related Matters		TSE Toronto Stock Exchange


Company Name:		Boardwalk Equities Inc.
Stock Symbol:		BEI
For Month Ending:		October 31, 2003
Date Prepared:		November 14, 2003
Company Contact:		Stuart M. Olley

Outstanding Stock Options Summary

Stock Options Outstanding — Opening Balance

2,851,300

Options Granted:

(Add)

Date of Grant

Name

Expiry Date

Price

Number

None

Subtotal

Options Exercised:

(Subtract)

Date

Name

Date of Grant

Price

Number

As per attached

9,244

Subtotal

Options Cancelled:

(Subtract)

Date

Name

Date of Grant

Price

Number

As per attached

2,000

Subtotal

Closing Stock Option Plan Balance

2,840,056

Shares Reserved for Share Compensation Arrangements

Opening Reserve Balance

Additional Listing Under Plan (Add)

Stock Options Exercised (Subtract)

Closing Reserve Balance

Issued and Outstanding Share Capital Summary

Reason for Increase or Reduction

Issued and Outstanding — Opening Balance

50,481,047

Stock Options Exercised

9,244

Share Purchase Plan

Nil

Warrants — No Warrants held in Calgary

Nil

Private Placement

Nil

Issuer Bid Cancellation

Nil

Closing Issued Capital Balance

50,490,291

The Exchange Tower
130 King Street West, 3rd Floor
Toronto, Ontario
M5X 1J2 Fax (416) 947-4547


Exercise Recap Report with Taxable Comp.	Boardwalk Equities Inc.

From 10/1/2003 to 10/31/2003 Entered from / / to / /


Name/Optionee ID	Grant		Exercise		Options		Option		Exercise		Aggregate		Taxable
	Date		Date		Exercised		Price		Price		Option Cost		Compensation

Plan: Boardwalk Equities Inc.

Sharon B. Mills		10/14/1998		10/9/2003		2,000	$	14.460000	$	15.270000	$	28,920.00		1,620.00
SSN ###-##-####

Francisca Sulabo		10/14/1998		10/9/2003		2,000	$	14.460000	$	15.270000	$	28,920.00		1,620.00
SSN ###-##-####

Miles Nelson		10/14/1998		10/14/2003		2,000	$	14.460000	$	15.500000	$	28,920.00		2,080.00
SSN ###-##-####

Plan Totals						6,000						86,760.00		5,320.00


Exercise Recap Report with Taxable Comp.	Boardwalk Equities Inc.

From 10/1/2003 to 10/31/2003 Entered from / / to / /


Name/Optionee ID	Grant		Exercise		Options		Option		Exercise		Aggregate		Taxable
	Date		Date		Exercised		Price		Price		Option Cost		Compensation

Plan: Boardwalk Equities Inc. 10 YR.

Gordon H. Congram		2/10/1999		10/22/2003		1,600	$	14.720000	$	15.400000	$	23,552.00		1,088.00
SSN ###-##-####

Kory B. Antoniuk		6/20/2000		10/28/2003		1,200	$	12.700000	$	15.500000	$	15,240.00		3,360.00
SSN ###-##-####

Debra M. Torvik		9/3/1999		10/29/2003		444	$	14.050000	$	15.400000	$	6,238.20		599.40
SSN ###-##-####

Plan Totals						3,244						45,030.20		5,047.40


Exercise Recap Report with Taxable Comp.	Boardwalk Equities Inc.

From 10/1/2003 to 10/31/2003 Entered from / / to / /

Name/Optionee ID

Grant

Exercise

Options

Option

Exercise

Aggregate

Taxable

Date

Exercised

Price

Option Cost

Compensation

Grand Totals

9,244

131,790.20

10,367.40


Cancellation Recap Report		Boardwalk Equities Inc.


From / / to / /		Entered from 10/3/2003 to 10/3/2003

Grant

Cancellation

Options

SARs

Option

Aggregate

Name/Optionee ID

Date

Type

Date

Reason

Cancelled

Price

Option Price

Plan: Boardwalk Equities, Inc. 10 YR.

Joy D. Hone

3/24/2000

Non-Qualified

10/3/2003

Terminated

2,000

15.230000

30,460.00

SSN ###-##-####

Plan Totals

2,000

30,460.00

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BOARDWALK EQUITIES INC 6-K