Prepublication in the Canada Gazette, Part 1 of a Proposal to Amend section 5 of the Canada Business Corporations Regulations, 2001

November 23, 2005

We would like to inform you that the proposal to amend Section 5 of the Canada Business Corporations Regulations, 2001 has been pre-published in the Canada Gazette, Part 1 on November 26, 2005.

The proposal would remove references to the possibility of combining the filing of Corporations Canada's annual return form with the filing of the corporate income tax return (T2). The amendments also propose changing the period for filing annual returns back to the original "within 60 days after a corporation's anniversary date".

You can obtain a copy of the draft regulations and the Regulatory Impact Analysis Statement:

• On the Canada Gazette's website;
• On Corporations Canada's website; or
• By contacting Corporations Canada directly at 1 866 333-5556 for a copy by mail.

Interested persons may make representation with respect to the proposed Regulations by January 15, 2006, by addressing their comments to:

Coleen Kirby
Corporations Canada
Jean Edmonds Tower South, 10th Floor
365 Laurier Avenue West
Ottawa, Ontario K1A 0C8
kirby.coleen@ic.gc.ca

It is our intention to acknowledge receipt of any comments received. Once all the responses have been received, a summary of the comments will be posted on Corporations Canada's website. Please note that comments received will become part of the public record, unless Corporations Canada is specifically asked not to divulge them to the public.

Richard G. Shaw
Director General