Errr....can someon please verify this information for me please (a reliable source preferably). I thought that even if u have a canadian commercial licence, you may get exepted a paper or so on the JAA ATPL exams, but never thought you'd be able to fly a european registered aircraft. I'm pretty sure (almost certain) this is the rule and there's NO such simple conversion to the JAA and flying in europe solution (well, not on a wuropean registered aircraft anyway). Trust me, I have an FAA Comm Multi Inst and looked into this way insted of doing the dreaded JAA ATPL exams, but believe me, its not possible.
Now, just incase I've overlooked something and it is possible, can someone please shed some light. Would be much appreciated.