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Vol. 134, No. 13 March 25, 2000 GOVERNMENT NOTICESBANK OF CANADA FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 1999 FINANCIAL REPORTING RESPONSIBILITY The accompanying financial statements of the Bank of Canada have been prepared by management in accordance with accounting principles generally accepted in Canada and these principles have been consistently applied. The integrity and objectivity of the data in these financial statements are management's responsibility. Management is responsible for ensuring that all information in the annual report is consistent with the financial statements. In support of its responsibility, management maintains financial and management control systems and practices to provide reasonable assurance that the financial information is reliable, that the assets are safeguarded, and that the operations are carried out effectively. The Bank has an internal audit department, whose functions include reviewing internal controls and their application on an ongoing basis. The Board of Directors is responsible for ensuring that management fulfills its responsibilities for financial reporting and internal control and exercises this responsibility through the Audit Committee of the Board. The Audit Committee reviews the Bank's annual financial statements and recommends their approval by the Board of Directors. The Audit Committee meets with management, the internal auditor, and the Bank's external auditors appointed by order-in-council. These financial statements have been audited by the Bank's external auditors, Caron Bélanger Ernst & Young and Raymond Chabot Grant Thornton, and their report is presented herein. Ottawa, Canada G. G. THIESSEN L. T. REQUARD AUDITORS' REPORT To the Minister of Finance, registered shareholder of the Bank of Canada We have audited the balance sheet of the Bank of Canada as at December 31, 1999, and the statement of revenue and expense for the year then ended. These financial statements are the responsibility of the Bank's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. In our opinion, these financial statements present fairly, in all material respects, the financial position of the Bank as at December 31, 1999, and the results of its operations and cash flow for the year then ended in accordance with generally accepted accounting principles. Ottawa, Canada, January 21, 2000 CARON BÉLANGER ERNST & YOUNG RAYMOND CHABOT GRANT THORNTON
(See accompanying notes to the financial statements.)
(See accompanying notes to the financial statements.)
BANK OF CANADA Notes to the financial statements Year ended December 31, 1999 1. Bank functions The Bank of Canada's primary responsibilities are set out in the Bank of Canada Act and can be grouped into four broad functions, which are described below. Net operating expenses in the Statement of revenue and expense are reported on the basis of these four corporate functions. Certain comparative figures have been reclassified to conform with the financial statement presentation adopted in the current year. Monetary policy
Currency
Central banking services
Retail debt services
2. Significant accounting policies The financial statements of the Bank are in accordance with generally accepted accounting principles and conform to the disclosure and accounting requirements of the Bank of Canada Act and the Bank's by-laws. As all material changes in financial position are evident from the financial statements, a separate statement of cash flow has not been prepared as it would not provide any additional useful information. The significant accounting policies of the Bank are: (a) Revenues and expenses
(b) Translation of foreign currencies
(c) Advances
(d) Investments
(e) Bank premises
(f) Special purchase and resale agreements (SPRAs)
(g) Deposits
(h) Sale and repurchase agreements (SRAs)
(i) Insurance
3. Investments This category includes Government of Canada treasury bills and bonds as well as other investments, which are held under short-term foreign currency swap arrangements with the Exchange Fund Account of the Government of Canada as described in note 9(a). The Bank typically holds its investments in treasury bills and bonds until maturity. The amortized book values of these investments approximate their par values. At the year-end, the average yield on the Bank's holdings of treasury bills, which average three months to maturity was 4.9 per cent (5.0 per cent in 1998), while the average yield for bonds maturing within three years was 6.5 per cent (6.6 per cent in 1998), and for those maturing in over three years was 6.6 per cent (6.9 per cent in 1998). 4. Bank premises
Total depreciation on Bank buildings, computer hardware and software, and other equipment was $28.3 million for 1999 ($23.7 million in 1998). 5. All other assets This category include accrued interest on investments of $325.6 million ($352.1 million in 1998). 6. Capital paid up The authorized capital of the Bank is $5.0 million divided into 100 000 shares with a par value of $50 each. The same are fully paid and, in accordance with the Bank of Canada Act, have been issued to the Minister of Finance, who is holding them on behalf of the Government of Canada. 7. Rest fund The rest fund was established in accordance with the Bank of Canada Act and represents the general reserve of the Bank. The rest fund was accumulated out of net revenue until it reaches the stipulated maximum amount of $25.0 million in 1955. 8. Pension plan The Bank sponsors a defined-benefit pension plan for its employees, which is registered under the Pension Benefits Standards Act. The plan provides pension benefits based on length of service and rates of pay. Actuarial valuations of the pension plan are made periodically by an independent actuary using the projected benefit method prorated on service. Market-related values are used to value pension plan assets. Based on the latest actuarial valuation as at January 1, 1999, the estimated present value of the accrued pension benefits as at December 31, 1999, was $478.2 million ($449.6 million in 1998), and the estimated market-related value of the pension plan assets was $600.5 million ($565.5 million in 1998). Pension expense for 1999 was in a credit position of $4.6 million ($4.3 million in 1998). These amounts comprise the actuarially computed cost of pension benefits in respect of current year service and the amortization of past service costs and experience gains and losses. Amortization is calculated on a straight-line basis over the expected average remaining service life of the plan members, currently 12 years. 9. Commitments (a) Foreign currency contracts In the ordinary course of business, the Bank enters into commitments involving the purchase and sale of foreign currencies. In particular, the Bank enters into short-term foreign currency swap arrangements with the Exchange Fund Account (EFA) of the Government of Canada as part of its cash management operation within the Canadian banking system. These transactions, which are made with the concurrence for the Minister of Finance under a standing authority, involve the temporary acquisition by the Bank of foreign currency investments from the EFA. These investments are paid for in Canadian dollars at the prevailing exchange rate with a commitment to reverse the transaction at the same rate of exchange at a future date. The fair values of these investments are not materially different from their book values. At the year-end, the average yield for these investments was 5.5 per cent (6.0 per cent in 1998). As well, the Bank of Canada is a participant in two foreign currency swap facilities with foreign central banks. The first, amounting to US$2 billion, is with the U.S. Federal Reserve. The second, amounting to Can$1 billion, is with the Banco de México. There were no drawings under either facility in 1999 or 1998. All commitments outstanding at December 31 are settled in the subsequent year. A summary of these outstanding commitments follows.
As at December 31, 1999, outstanding foreign currency contracts included sale commitments of $5,182.4 million ($4,548.7 million in 1998) under swap arrangements with the EFA. (b) Investment contracts
As at December 31, 1999, there were no outstanding purchase investment contracts ($1,552.5 million at an interest rate of 4.75 per cent at the end of 1998 under Sale and Repurchase Agreements). Outstanding sale investment contracts of $3,675.0 million, at an interest rate of 4.75 per cent under Special Purchase and Resale Agreements, were settled by January 13, 2000, (nil at the end of 1998). 10. Year 2000 The year-2000 computer issue arose chiefly because many date-sensitive automated systems had not been designed to recognize correctly the year 2000. This represented a significant challenge for all organizations. If not addressed properly, the year-2000 issue could have had an impact on operations and financial reporting, ranging from minor errors to the failures of critical systems. The year 2000 arrived without incident for the Bank. However, as is the case generally, it is not yet possible to conclude definitively that all aspects of the year-2000 issue affecting the Bank, including those related to the efforts of clients, suppliers, or other third parties, have been fully resolved. W. D. SINCLAIR [13-1-o] CANADIAN ENVIRONMENTAL PROTECTION ACT Notice is hereby given that, pursuant to the provisions of Part VI of the Canadian Environmental Protection Act, Permit No. 4543-2-05982 is amended as follows: 10. Total Quantity to Be Dumped: Not to exceed 40 000 m3 scow measure. K. G. HAMILTON [13-1-o] CANADIAN ENVIRONMENTAL PROTECTION ACT Notice is hereby given that, pursuant to the provisions of Part VI of the Canadian Environmental Protection Act, Permit No. 4543-2-06040 is approved. 1. Permittee: Beothic Fish Processors Ltd., Valleyfield, Newfoundland. 2. Type of Permit: To dump or load fish and crab offal. 3. Term of Permit: Permit is valid from April 1, 2000, to March 31, 2001. 4. Loading Site(s): 49°07.35' N, 53°36.66' W, Valleyfield, Newfoundland. 5. Dump Site(s): 49°05.55' N, 53°35.85' W, at an approximate depth of 8 m. 6. Route to Dump Site(s): Most direct navigational route from the loading site to the dump site. 7. Equipment: Vessels, barges or other floating equipment complying with all applicable rules regarding safety and navigation and capable of containing all waste cargo during loading and transit to the approved dump site. 8. Method of Dumping: Direct release. 9. Rate of Dumping: As required by normal operations. 10. Total Quantity to Be Dumped: Not to exceed 5 000 tonnes. 11. Material to Be Dumped: Fish and crab offal. 12. Requirements and Restrictions: 12.1. It is required that the Permittee report, in writing, to Mr. Rick Wadman, Environmental Protection, Department of the Environment, 6 Bruce Street, Mount Pearl, Newfoundland, A1N 4T3, (709) 772-5097 (Facsimile), at least 48 hours prior to the start of the first dumping operation to be conducted under this permit. 12.2. A written report shall be submitted to Mr. Rick Wadman, within 30 days of either the completion of the work or the expiry of the permit, whichever comes first. This report shall contain the following information: the quantity and type of material disposed of pursuant to the permit and the dates on which the loading and dumping activities occurred. 12.3. It is required that the Permittee admit any inspector designated pursuant to subsection 99(1) of the Canadian Environmental Protection Act, to any place, ship, aircraft, platform or anthropogenic structure directly related to the loading or ocean dumping referred to under this permit, at any reasonable time throughout the duration of this permit. 12.4. The Permittee shall periodically determine the water depth in the area of the disposal site. The depth readings shall be taken every eight weeks, beginning with the start date of this permit, and reported to Mr. Rick Wadman, identified in 12.1. 12.5. The loading and transit of waste material to the dump site must be conducted in such a manner that no material enters the marine environment. Waste material spilled at any place other than the permitted dump site must be retrieved. All waste must be contained on shore while the barge is away from the loading site. 12.6. The fish and crab offal must be covered by netting or other material to prevent access by gulls. 12.7. This permit must be displayed in an area of the plant accessible to the public. 12.8. Vessels operating under the authority of this permit must carry and display a radar-reflecting device at all times mounted on the highest practical location. 12.9. The loading or ocean dumping conducted under this permit shall not be carried out without written authorization from the Permittee. 12.10. Fish and crab offal loaded for the purpose of ocean dumping may not be held aboard any vessel for more than 96 hours without the written consent of an inspector designated under the Canadian Environmental Protection Act. K. G. HAMILTON [13-1-o] CANADIAN ENVIRONMENTAL PROTECTION ACT Waiver of Information Requirements for the Manufacture or Import of Substances New to Canada Notice is hereby given, pursuant to subsection 26(5) of the Canadian Environmental Protection Act (CEPA), that the Minister of the Environment has granted, pursuant to subsection 26(4) of CEPA, waivers of information requirements on the manufacture or import of substances new to Canada.
J. A. BUCCINI On behalf of the Minister of the Environment [13-1-o] DEPARTMENT OF HEALTH ACT Notice Amending the Cruise Ship Inspection Fees The Minister of Health, under the authority of the Department of Health Act, hereby amends the fees that are payable for the provision of Cruise Ship Inspections, beginning April 1, 2000. The cruise ship inspections are provided in compliance with the World Health Organization International Health Regulations, to ensure the protection of public health on board ships. The inspections are conducted by personnel of the Occupational Health and Safety Agency (OHSA) under a voluntary compliance program. The fee for the provision of an inspection for the 2000 sailing season, during daylight hours, seven days a week, will be $8,900 for an extra large vessel, $6,450 for a large vessel, $5,775 for a medium vessel, $5,100 for a small vessel and $1,500 for an extra small vessel. This fee does not include a contingency amount in case the Agency needs to provide outbreak investigation services in the event of a food-borne illness outbreak on board a ship. The full costs arising from any outbreak investigation will be charged to the cruise line(s) involved in the outbreak. One routine inspection will be conducted on each cruise ship per Canadian sailing season (April to October inclusive). This notice is supplemental to consultation with the cruise ship industry. Members of the public wishing to contribute their views or obtain further information are invited to contact: Dr. George Grant, Senior Consultant, Policy and Legislation, Occupational Health and Safety Agency, Room D 389, Address Locator 1903A1, Jeanne Mance Building, Tunney's Pasture, Ottawa, Ontario K1A 0L3, (613) 957-3427 (Telephone), (613) 954-5822 (Facsimile). [13-1-o] TELECOMMUNICATIONS ACT RADIOCOMMUNICATION ACT Notice No. SMSE-003-00 Procedures for the Designation and Accreditation of Testing Laboratories by Industry Canada, Issue 2 Notice is hereby given that Industry Canada is releasing Issue 2 of the Procedure for the Designation of Testing Laboratories by Industry Canada and of the Procedure for the Accreditation of Testing Laboratories by Industry Canada. Designation is the process by which Industry Canada accepts an accredited testing laboratory as competent to test to Canadian or foreign requirements. Accreditation is the procedure by which an authoritative body gives formal recognition that a testing laboratory or person is competent to carry out specific testing. These two procedures will become effective upon their publication on March 25, 2000. The revisions to these procedures are of an editorial nature and to clarify the process. These procedures are applicable to the telecommunications equipment, radio equipment and electromagnetic compatibility (EMC) sectoral annexes of the Mutual Recognition Agreements/Arrangements (MRAs), when testing by accredited testing laboratories is required. This notice is also a reminder that Canadian and foreign testing laboratories that have already been approved under the revoked Procedure for the Approval of Testing Facilities by Industry Canada in accordance with the provision of the Terminal Attachment Program will retain their approval status until June 1, 2000. After this date, these testing laboratories will be required to be accredited in accordance with ISO/IEC Guide 25:1990 or ISO/ IEC 17025:1999, and designated by Industry Canada. The procedures mentioned above are available electronically on the Internet at the following World Wide Web address: http://strategis.ic.gc.ca/spectrum (see "Official Publications," "Procedures" and then "Conformity Assessment Procedures") or can be obtained in hard copy, for a fee from: Tyrell Press Ltd., 2714 Fenton Road, Gloucester, Ontario K1T 3T7, 1-800-267-4862 (Canada toll-free telephone), 1-800-574-0137 (United States toll-free telephone), (613) 822-0740 (Worldwide telephone), (613) 822-1089 (Facsimile); and Canada Communication Group Inc., 45 Sacré-Cœur Boulevard, Hull, Quebec K1A 0S9, 1-888-562-5561 (Canada toll-free telephone), (819) 779-4335 (Worldwide telephone), (819) 779-2833 (Facsimile). Interested parties may submit comments or questions concerning this amendment to the Chairman of the Terminal Attachment Program Advisory Committee (TAPAC), 300 Slater Street, Suite 1302A, Ottawa, Ontario K1A 0C8, or at the Internet address kwan.andy@ic.gc.ca within 60 days of the date of publication of this notice. All representations must cite the Canada Gazette Part I notice publication date, title and reference number. All written comments received in response to this notice will be available for public viewing during normal business hours at the Industry Canada Library, West Tower, 3rd Floor, 235 Queen Street, Ottawa, Ontario, and at the regional offices of Industry Canada in Moncton, Montréal, Toronto, Winnipeg and Vancouver for a period of one year from the date of receipt of those comments. March 10, 2000 R. W. MCCAUGHERN [13-1-o] RADIOCOMMUNICATION ACT Notice No. SMSE-005-00 1. Notice is hereby given that Industry Canada is amending the following Radio Standards Specification (RSS). The amended version is: Radio Standards Specification 119 (RSS-119), Issue 6, Land Mobile and Fixed Radio Transmitters and Receivers, 27.41 to 960 MHz. A summary of the main changes is provided in the preface of the above document. 2. Notice is also given that Industry Canada is making editorial changes to the following Radio Standards Specification (RSS), including a reference to RSS-102 entitled Evaluation Procedure for Mobile and Portable Radio Transmitters with respect to Health Canada's Safety Code 6 for Exposure of Humans to Radio Frequency Fields. The amended versions are:
3. These amendments have been coordinated with the Radio Advisory Board of Canada (RABC). 4. The Radio Equipment Technical Standards Lists in the Industry Canada Internet site are also being amended to reflect the above changes. Interested parties may submit comments on revised RSS-119 to the Director General, Spectrum Engineering, 300 Slater Street, Ottawa, Canada K1A 0C8, or at the electronic mail address Mccaughern.Bob@ic.gc.ca within 60 days of the date of publication of this notice. All representations must cite the Canada Gazette, Part I, publication date, and the notice reference number. Comments sent by regular mail should be submitted in electronic format (WordPerfect, Microsoft Word, Adobe PDF or ASCII TXT) on a diskette to facilitate posting on the Department's Web site. Documents submitted should be sent with a note specifying the software, version number and operating system used. Comments received will be taken into account following which a new issue may be published. Shortly after the close of the comment period, comments received, if any, will be posted on Industry Canada's Web site: http://strategis.ic.gc.ca/spectrum. Any inquiries on this notice should be directed to the Manager, Radio Equipment Standards, Lum.kwai@ic.gc.ca (Electronic mail), (613) 990-4699 (Telephone), (613) 990-3158 (Facsimile). Note that the above RSSs and the Radio Equipment Technical Standards Lists are available in English and French on the Internet at: World Wide Web (WWW) http://strategis.ic.gc.ca/spectrum (English version) http://strategis.ic.gc.ca/spectre (French version) Hard copies of the documents are available, for a fee, from: Tyrell Press Ltd., 2714 Fenton Road, Gloucester, Ontario K1T 3T7, 1-800-267-4862 (Canada toll-free telephone), 1-800-574-0137 (United States toll-free telephone), (613) 822-0740 (Worldwide telephone), (613) 822-1089 (Facsimile); and Canada Communication Group Inc., 45 Sacré-Cœur Boulevard, Hull, Quebec K1A 0S9, 1-888-562-5561 (Canada toll-free telephone), (819) 779-4335 (Worldwide telephone), (819) 779-2833 (Facsimile). March 17, 2000 R. W. MCCAUGHERN [13-1-o] TELECOMMUNICATIONS ACT Notice No. DGTP-006-2000 Petition to the Governor in Council Notice is hereby given that a petition from: (1) AT&T; Canada Corp.; (2) Call-Net Enterprises Inc.; (3) Primus Telecommunications Canada Inc.; and (4) RSL Com Canada Inc. has been received by the Governor in Council under section 12 of the Telecommunications Act in regard to the following decision issued by the Canadian Radio-television and Telecommunications Commission (CRTC): Review of Frozen Contribution Rate Policy, Telecom Decision CRTC 99-20, December 15, 1999. The request is based on reasons included in the petition. In Telecom Decision CRTC 99-20, the CRTC concluded that, taking into account a number of related factors, long distance traffic increases resulting from the introduction of flat-rate calling plans were not sufficient to "unfreeze" or reduce the per-minute "contribution" charges that long distance service providers must pay to offset the cost of basic local service. Submissions on this petition should be addressed to the Clerk of the Privy Council and Secretary to the Cabinet, Langevin Block, 80 Wellington Street, Ottawa, Ontario K1A 0A3. A copy of the submission should also be sent to the Director General, Telecommunications Policy Branch, 300 Slater Street, 16th Floor, Ottawa, Ontario K1A 0C8. All submissions should indicate that they are in response to the above mentioned petition and cite the Canada Gazette, Part I notice publication date, title, and the reference number DGTP-006-2000. Respondents are strongly encouraged to provide a copy of their submission in electronic format (WordPerfect, Microsoft Word, Adobe PDF or ASCII TXT) to facilitate posting on the Department's Web site. Documents submitted via electronic media should be sent to telecom@ic.gc.ca. As required under section 13 of the Telecommunications Act, letters to the designated provincial and territorial ministers will be sent on or about the publication date of this notice, providing them with the opportunity to comment on the petition within 30 days of the date of the letters. This petition and any petition or submission made in response to it may be inspected by the public during normal business hours at the Industry Canada library, 235 Queen Street, Ottawa, and the offices of Industry Canada in Moncton, Montréal, Toronto, Winnipeg and Vancouver. Copies of the petition and of petitions or submissions received in response to it may be obtained electronically at http://strategis.ic.gc.ca/spectrum or by mail order or over the counter from ByPress Printing and Copy Centre Inc., 300 Slater Street, Unit 101A, Ottawa, Ontario K1P 6A6, (613) 234-8826. Reasonable costs of duplication will be charged. It is the responsibility of interested parties to check the public record from time to time to keep abreast of submissions received. March 17, 2000 MICHAEL HELM [13-1-o] OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS TRUST AND LOAN COMPANIES ACT Heller Financial Canada, Ltd. and Heller Global Vendor Finance Canada, Inc. Notice is hereby given of the issuance, pursuant to subsection 234(1) of the Trust and Loan Companies Act, of letters patent amalgamating and continuing Heller Financial Canada, Ltd., and Heller Global Vendor Finance Canada, Inc., as one company under the name Heller Financial Canada, Ltd., effective March 1, 2000; and pursuant to subsection 52(5) of the Trust and Loan Companies Act, of an order to commence and carry on business authorizing Heller Financial Canada, Ltd. to commence and carry on business, effective March 1, 2000. March 13, 2000 JOHN PALMER [13-1-o] OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS TRUST AND LOAN COMPANIES ACT Home Savings & Loan Corporation Notice is hereby given of the issuance, pursuant to section 33 of the Trust and Loan Companies Act, of letters patent continuing Home Savings & Loan Corporation, a company incorporated under the Loan and Trust Corporations Act (Ontario), as a company incorporated under the Trust and Loan Companies Act under the name Home Trust Company, and in French, Société de Fiducie Home, effective March 9, 2000; and pursuant to subsection 52(3) of the Trust and Loan Companies Act, of an order to commence and carry on business authorizing this company to commence and carry on business, effective March 15, 2000. March 16, 2000 JOHN PALMER [13-1-o] CANADA MARINE ACT St. John's Port Authority Supplementary Letters Patent BY THE MINISTER OF TRANSPORT WHEREAS by Letters Patent issued by the Minister of Transport, under the authority of the Canada Marine Act, the St. John's Port Authority (the "Authority") was automatically continued as a port authority under the Canada Marine Act effective May 1, 1999; AND WHEREAS the Authority has requested Supplementary Letters Patent be issued to replace section 2.2 of the Letters Patent to change the street address for the registered office of the Authority; NOW THEREFORE under the authority of section 9 of the Canada Marine Act, the Letters Patent are amended by replacing section 2.2 of the Letters Patent with the following: 2.2 Registered Office of Authority. The registered office of the Authority is located at 1 Water Street, St. John's, Newfoundland, A1C 5X8. ISSUED under my hand to be effective this 12th day of March, 2000. _______________________________________ The Honourable David M. Collenette, P.C., M.P. [13-1-o] CANADA MARINE ACT Thunder Bay Port Authority Supplementary Letters Patent BY THE MINISTER OF TRANSPORT WHEREAS Letters Patent were issued by the Minister of Transport for the Thunder Bay Port Authority (the "Authority") under the authority of the Canada Marine Act, effective July 1, 1999; AND WHEREAS the real property described in Annex A hereto was formerly under the administration of the former Thunder Bay Harbour Commission; AND WHEREAS Schedule B of the Letters Patent describes the federal real property managed by the Authority and includes the real property described in Annex A hereto; AND WHEREAS the real property described in Annex A hereto was sold by the Thunder Bay Harbour Commission to 1358832 Ontario Limited by Transfer/Deed of Land dated June 30, 1999; NOW THEREFORE under the authority of section 9 of the Canada Marine Act, the Letters Patent are amended by deleting the real property described in Annex A hereto from Schedule B of the Letters Patent. ISSUED under my hand to be effective this 12th day of March, 2000. _______________________________________ The Honourable David M. Collenette, P.C., M.P. Annex A 1. All that portion of Water Lot in front of Lot 18 and part of Lot 17, Concession "K", City of Thunder Bay (formerly Town of Fort William, formerly Township of Neebing) described as follows: COMMENCING at the intersection of the production of the boundary line between Lots Seventeen and Eighteen, Concession "K", Township of Neebing Additional and the production of the front line of the Canadian Pacific Railway Company's Coal Dock, THENCE westerly along the said production of the Coal Dock one hundred and eighty-eight feet (188'); THENCE north-westerly at right angles to the said line of the Coal Dock a distance of four hundred and thirty feet; THENCE easterly at right angles to the last mentioned course five hundred and twenty-eight and three tenths feet (528.3'); THENCE east three hundred and sixty-nine feet (369'); THENCE southerly at right angles to the said production of the line of the Coal Dock three hundred and three and eight tenths feet (303.8') to the aforesaid production of the line of the coal Dock; THENCE westerly along aforesaid line of Coal dock six hundred and ninety-seven feet (697') more or less to the place of beginning, containing by admeasurement eight and twenty-two hundreds acres (8.22) more or less; SAVING AND EXCEPTING the reservations and exceptions contained in the original patent from the Crown, namely, - all ores, mines or minerals which are or shall hereafter be found on or under the said land, and the free use, passage and enjoyment of, in, over and upon all navigable waters which shall or may hereafter be found on or under or flowing through or upon any part of the said parcel or tract of land covered with water, and reserving also right of access to the shores of all rivers, streams and lakes for all vessels, boats and persons. As described in Instrument No. 156637, Registry Office of the Registry Division of Thunder Bay. 2. Parcel 1692, City of Fort William Freehold, being a portion of the water lot in front of Lot Eighteen (18) and part of Lot Seventeen (17) in Concession "K", City of Thunder Bay (formerly Township of Neebing), District of Thunder Bay. 3. Parcel 1703, City of Fort William Freehold, being a water lot adjoining the southeasterly limit of the Water Lot in front of Lots Seventeen (17) and Eighteen (18) Concession "K", City of Thunder Bay (formerly Township of Neebing), District of Thunder Bay. 4. Parcel 1098, in the Register for the City of Fort William Freehold, and being the Water Lot in front of the north 30 feet of Lot 18, Concession K, in the City of Thunder Bay (formerly in the Township of Neebing Additional), in the District of Thunder Bay. 5. Parcel 1693, in the Register for the City of Fort William Freehold, and being the Water Lot in front of Lot 18 and part of Lot 17, Concession K, in the City of Thunder Bay (formerly in the Township of Neebing Additional), in the District of Thunder Bay. 6. All those parts of Lots 17, 18 and 19 in Concession K of the Township of Neebing Additional lying east of the lands described on Plan 55R-3044 registered in the Land Registry Office of Thunder Bay as Parts 1, 4 and 5, in the City of Thunder Bay (formerly in the Township of Neebing Additional), in the District of Thunder Bay. 7. Parts of Lots 17, 18 and 19, all in Concession K, being more particularly described as Parts 1, 2, 3, 4 and 5 on Reference Plan 55R-3044, City of Thunder Bay, in the District of Thunder Bay. 8. Parcel 18244, Section Thunder Bay Freehold, being part of the original 66 foot road allowance in Concession K now designated as Part 6 on Reference Plan 55R-3043, City of Thunder Bay, in the District of Thunder Bay. 9. Lot 20, Concession "K", City of Thunder Bay (formerly the Township of Neebing Additional), City of Thunder Bay, District of Thunder Bay. [13-1-o] CANADA SHIPPING ACT Ship-source Oil Pollution Fund Pursuant to section 714 (see footnote a) of the Canada Shipping Act (the Act) and the Ship-source Oil Pollution Fund Regulations made pursuant to paragraph 714(3)(b) (see footnote b) of the Act, the maximum aggregate liability of the Ship-source Oil Pollution Fund in respect of any particular occurrence during the fiscal year commencing April 1, 2000, will be $131,634,422.80. DAVID M. COLLENETTE [13-1-o] DEPARTMENT OF TRANSPORT CANADA SHIPPING ACT Ship-source Oil Pollution Fund Pursuant to section 717 (see footnote c) of the Canada Shipping Act (the Act) and the Ship-source Oil Pollution Fund Regulations made pursuant to paragraph 717(3)(b) (see footnote d) of the Act, the amount of the levy in respect of payments into the Ship-source Oil Pollution Fund required by subsection 716(1) (see footnote e) of the Act would be 39.48 cents if the levy were to be imposed pursuant to subsection 718(1) (see footnote f) of the Act during the fiscal year commencing April 1, 2000. DAVID M. COLLENETTE [13-1-o] R.S., 1985, c. 6 (3rd Supp.) R.S., 1985, c. 6 (3rd Supp.) R.S., 1985, c. 6 (3rd Supp.) R.S., 1985, c. 6 (3rd Supp.) R.S., 1985, c. 6 (3rd Supp.) R.S., 1985, c. 6 (3rd Supp.) |
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