The Complainant owns the TERMINIX trademark registered for use in association with pest control services. The Complainant has been using the trademark in Canada since 1982. The disputed Domain Name was registered on November 17, 2016 and is a typical pay-per-click website.
The Panel found that the Domain Name was registered in bad faith because there was evidence indicating that the Registrant was associated with another website offering services that compete with the Complainant. The owner of this website was listed as the owner of the copyright on the other site which implies it has a commercial interest in the website.
You can read the decision here.