Document:

<PAGE>
                                                                     EXHIBIT 4.5

                             SUBORDINATION AGREEMENT

                  THIS AGREEMENT made as of the 19th day of June, 2003 AMONG
Rogers Cable Inc. (the "Company"); Rogers Cablesystems Ontario Limited, Rogers
Ottawa Limited/Limitee, Rogers Cablesystems Georgian Bay Limited and Rogers
Cable Atlantic Inc. (collectively, the "Restricted Subsidiaries" and, each
individually, a "Restricted Subsidiary"); JPMorgan Chase Bank (formerly Chemical
Bank) in its capacity as trustee under the Subordinated Debt Indenture (as
defined below) (the "Subordinated Debt Trustee"); and JPMorgan Chase Bank in its
capacity as trustee under the 2003 Note Indenture (as defined below) (the "2003
Note Trustee")

                  WITNESSES THAT WHEREAS:

A.       The Company (formerly known as Rogers Cablesystems Limited), certain
         affiliates of the Company that were then Designated Subsidiaries
         (within the meaning of the Deed of Trust (as defined below)) and the
         Subordinated Debt Trustee, among others, entered into an indenture (the
         "Subordinated Debt Indenture"), dated as of November 30, 1995,
         providing for the issuance of the Company's 11% Senior Subordinated
         Guaranteed Debentures due 2015 (the "Subordinated Securities"). "Deed
         of Trust" means the restated deed of trust and mortgage, dated as of
         January 31, 1995, between Rogers Cablesystems Limited (now the Company)
         and National Trust Company, as trustee.

B.       The Company and the 2003 Note Trustee entered into an indenture (the
         "2003 Note Indenture"), dated as of the date hereof, providing for the
         issuance of the Company's 6.25% Senior (Secured) Second Priority Notes
         due 2013 (the "2003 Notes").

C.       Pursuant to section 1207 of the Subordinated Debt Indenture, the
         Company has furnished an Officers' Certificate (as such term is defined
         in the Subordinated Debt Indenture) to the Subordinated Debt Trustee
         (i) stating that the 2003 Note Trustee is trustee on behalf of holders
         of Senior Indebtedness (as such term is defined in the Subordinated
         Debt Indenture) and (ii) directing the Subordinated Debt Trustee to
         execute and deliver this Agreement.

                  NOW THEREFORE for good and valuable consideration (the receipt
and sufficiency of which are hereby acknowledged), the parties hereto agree as
follows:

1.       SUBORDINATION

                  The Subordinated Debt Trustee, under the authority granted to
it in the Subordinated Debt Indenture and as trustee on behalf of the holders of
the Subordinated Securities, the Company and each of the Restricted Subsidiaries
hereby covenant with the 2003 Note Trustee, in its capacity as trustee on behalf
of the holders of the 2003 Notes, that (i) the indebtedness represented by the
Subordinated Securities, (ii) the payment of principal of (and premium, if any)
and interest on each and all of the Subordinated Securities, (iii) the
obligations
<PAGE>
                                     - 2 -

represented by each and all of the Guarantees (as such term is defined in the
Subordinated Debt Indenture) delivered from time to time under the Subordinated
Debt Indenture and (iv) the payment of the Guaranteed Obligations (as such term
is defined in such Guarantees) thereunder are all subordinate and subject in
right of payment to the prior payment in full of indebtedness, premium (if any),
interest and fees and expenses owing to the holders of the 2003 Notes and the
2003 Note Trustee, as trustee on their behalf, under the 2003 Notes and the 2003
Note Indenture, in the manner, to the same extent and with the same effect as if
the terms and provisions of the Subordinated Debt Indenture and such Guarantees
were set forth herein.

2.       PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES

                  In accordance with section 1205 of the Subordinated Debt
Indenture, if any holder of the 2003 Notes or the 2003 Note Trustee, as trustee
on behalf of the holders of the 2003 Notes, (each, a "Recipient") shall receive
any amount under this Agreement and, at the time of receipt, such Recipient is
not entitled to such amount under the terms of the 2003 Note Indenture and the
2003 Notes (whether by reason of maturity, acceleration or otherwise), then such
Recipient shall turn over such amount to the Company. Any such amount so
received by any Recipient which it is required to turn over to the Company
pursuant to this section 2 shall, in no circumstances, be considered to be a
payment on account of the Senior Indebtedness represented by the 2003 Notes.

3.       BINDING EFFECT AND ENUREMENT

                  This Agreement shall be binding upon the successors of the
Company, each of the Restricted Subsidiaries and the Subordinated Debt Trustee,
as trustee on behalf of the holders of the Subordinated Securities, and shall
enure to the benefit of the successors and permitted assigns of the 2003 Note
Trustee, as trustee on behalf of the holders of the 2003 Notes.

4.       NO WAIVER OR AMENDMENT

                  No provision of this Agreement may be waived or amended except
by an instrument in writing signed by the party hereto against which the
enforcement of any waiver or amendment is sought.

5.       NO PERSONAL LIABILITY

                  Neither the Subordinated Debt Trustee nor the 2003 Note
Trustee makes any representation or warranty as to the validity, sufficiency or
effect of this Agreement or as to its authority to execute and deliver this
Agreement. Neither the Subordinated Debt Trustee nor the 2003 Note Trustee shall
have any personal responsibility or liability with respect to the covenant
contained in section 1 hereof.

6.       COUNTERPARTS

                  This Agreement may be executed in counterparts, and all such
counterparts taken together shall be deemed to constitute one and the same
instrument.
<PAGE>
                                     - 3 -

7.       GOVERNING LAW

                  This Agreement shall be governed by, and construed in
accordance with, the laws of the Province of Ontario and the laws of Canada
applicable therein.

              [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
<PAGE>
                                      - 4 -

                                   ROGERS CABLE INC.

                                   By:    /s/ M. Lorraine Daly
                                          -------------------------------------
                                          Name:      M. Lorraine Daly
                                          Title:     Vice-President, Treasurer

                                   By:    /s/ Alan D. Horn
                                          -------------------------------------
                                          Name:      Alan D. Horn
                                          Title:     Vice-President

                                   ROGERS CABLESYSTEMS ONTARIO LIMITED

                                   By:    /s/ M. Lorraine Daly
                                          -------------------------------------
                                          Name:      M. Lorraine Daly
                                          Title:     Vice-President, Treasurer

                                   By:    /s/ Alan D. Horn
                                          -------------------------------------
                                          Name:      Alan D. Horn
                                          Title:     Vice-President

                                   ROGERS OTTAWA LIMITED/LIMITEE

                                   By:    /s/ M. Lorraine Daly
                                          -------------------------------------
                                          Name:      M. Lorraine Daly
                                          Title:     Vice-President, Treasurer

                                   By:    /s/ Alan D. Horn
                                          -------------------------------------
                                          Name:      Alan D. Horn
                                          Title:     Vice-President
<PAGE>
                                      - 5 -

                                   ROGERS CABLESYSTEMS GEORGIAN BAY LIMITED

                                   By:    /s/ M. Lorraine Daly
                                          -------------------------------------
                                          Name:      M. Lorraine Daly
                                          Title:     Vice-President, Treasurer

                                   By:    /s/ Alan D. Horn
                                          -------------------------------------
                                          Name:      Alan D. Horn
                                          Title:     Vice-President

                                   ROGERS CABLE ATLANTIC INC.

                                   By:    /s/ M. Lorraine Daly
                                          -------------------------------------
                                          Name:      M. Lorraine Daly
                                          Title:     Vice-President, Treasurer

                                   By:    /s/ Alan D. Horn
                                          -------------------------------------
                                          Name:      Alan D. Horn
                                          Title:     Vice-President
<PAGE>
                                      - 6 -

                                   JPMORGAN CHASE BANK, in its capacity as the
                                   Subordinated Debt Trustee

                                   By:    /s/ Natalia Moran
                                          -------------------------------------
                                          Name:  Natalia Moran
                                          Title: Vice President

                                   JPMORGAN CHASE BANK, in its capacity as the
                                   2003 Note Trustee

                                   By:    /s/ Natalia Moran
                                          -------------------------------------
                                          Name:  Natalia Moran
                                          Title: Vice President<PAGE>

                                                                     EXHIBIT 4.7

                       RESTATED U.S.$ SENIOR SECURED BOND
                                ROGERS CABLE INC.

                    (incorporated under the laws of Ontario)

No. 8                                                           U.S.$700,000,000

                            UNITED STATES DOLLAR BOND

      ROGERS CABLE INC. (hereinafter called the "Company") for value received
hereby promises to pay to the registered holder hereof on demand and on
presentation and surrender of this Senior Secured Bond at the principal office
of the Trustee (defined below) in the City of Toronto, Ontario, Canada, the sum
of U.S.$700,000,000 SEVEN HUNDRED MILLION DOLLARS, in lawful money of the United
States of America, and to pay interest thereon in accordance with the provisions
of the Trust Deed hereinafter referred to at the same place and in like money
from the date hereof, at 30% per annum, as well after as before default and
judgment with interest on any such interest overdue at the same rate in like
money at the same place and money at the same place and month on the same dates.

      This Senior Secured Bond is one of a duly authorized issue of U.S.$ Senior
Secured Bonds, issued and is to be issued under a restated deed of trust and
mortgage (herein called the "Trust Deed") made as of the 31st day of January,
1995 between Rogers Cablesystems Limited (now the Company) and National Trust
Company, as trustee (the "Trustee").

      Reference is hereby made to the Trust Deed as to the nature and extent of
the security created thereby, the rights of the holders of the Senior Secured
Bonds issued and to be issued thereunder and of the Company and of the Trustee
in respect thereof and the terms and conditions upon which the Senior Secured
Bonds are issued or may hereafter be issued, all to the same effect as if the
provisions of the Trust Deed were herein set forth, to all of which provisions
the holder of this Senior Secured Bond assents by acceptance hereof. Without
limitation of the foregoing, the holder hereby expressly acknowledges that the
Trustee under the Trust Deed is acting as trustee for the holders of the Senior
Secured Bonds and as trustee for the holders of the Deferred Payment Bonds (as
such term is defined in the Trust Deed), and the holder hereof expressly
consents to the Trustee acting in such capacities by acceptance of this Senior
Secured Bond.

      The Trust Deed contains provisions making binding upon all holders of
Bonds outstanding thereunder resolutions passed by instruments in writing signed
by holders of outstanding Senior Secured Bonds.

      The Trust Deed contains provisions restricting and limiting the rights of
a holder of a Related Corporation Bond (as such term is defined in the Trust
Deed) which is a Senior Secured Bond.

      This Senior Secured Bond shall be transferable only in accordance with the
provisions of the Trust Deed. No transfer of this Senior Secured Bond shall be
valid unless made
<PAGE>
                                      -2-

on the register kept by and at the principal office of the Trustee in the City
of Toronto pursuant to the provisions of the Trust Deed, by the registered
holder or his attorney duly appointed by instrument in writing in form and
execution satisfactory to the Trustee upon compliance with such reasonable
requirements as the Trustee may prescribe, or unless such transfer shall have
been duly noted hereon by the Trustee.

      This Senior Secured Bond shall not become obligatory for any purpose until
certified by the Trustee for the time being under the Trust Deed.

      This Senior Secured Bond is subject to the terms and conditions of a
pledge agreement, of even date herewith, entered into by the Company and
JPMorgan Chase Bank, as trustee, in connection with the issue by the Company of
U.S.$350,000,000 aggregate principal amount of 6.25% Senior (Secured) Second
Priority Notes due 2013.

      IN WITNESS WHEREOF the Company has caused this Senior Secured Bond to be
signed by its duly authorized officers as of the day of June 19, 2003.

                                      ROGERS CABLE INC.

                                      By:   /s/ M. Lorraine Daly
                                         ______________________________________
                                           Name:  M. Lorraine Daly
                                           Title:    Vice-President, Treasurer

                                      By:  /s/ Alan D. Horn
                                         ______________________________________
                                           Name:  Alan D. Horn
                                           Title:    Vice-President
<PAGE>
                              TRUSTEE'S CERTIFICATE

      This Senior Secured Bond is one of the Senior Secured Bonds referred to in
the Trust Deed within mentioned.

                                         NATIONAL TRUST COMPANY,
                                         as Trustee

                                         By its agent, CIBC MELLON TRUST COMPANY

                                         By:  /s/ Authorized Officer
                                              ---------------------------------
                                                  Authorized Officer

                          (Form of Registration Panel)

          (No writing hereon except by the Trustee or other Registrar)
<TABLE>
<CAPTION>

DATE OF REGISTRATION                    IN WHOSE NAME REGISTERED                 TRUSTEE OR REGISTRAR

<S>                                     <C>                                      <C>

                  , 2003                  JPMorgan Chase Bank,
                                               as trustee

</TABLE>

                        PAYMENTS ON ACCOUNT OF PRINCIPAL
<TABLE>
<CAPTION>

                                                                    BALANCE OF
                                                                     PRINCIPAL               AUTHORIZED
             DATE                       AMOUNT PAID                 AMOUNT PAID              SIGNATURE

<S>                                     <C>                         <C>                      <C>

</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00053-of-00352.parquet"}]]