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CONSENT OF NORTON ROSE CANADA LLP
We hereby consent to the use of our name in the
prospectus supplement filed by Oncolytics Biotech Inc. on February 20, 2013 under the headings Certain Canadian Federal Income Tax Considerations and Legal Matters and to the reference to our opinion under the heading
Certain Canadian Federal Income Tax Considerations. In giving such consent we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the United States Securities Act of 1933, as
| /s/ Norton Rose Canada LLP |
| Norton Rose Canada LLP |
Date: February 20, 2013