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Notice

Vol. 138, No. 8 — February 21, 2004

GOVERNMENT NOTICES

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, the conditions of Permit No. 4543-2-03323 are amended as follows:

9. Total Quantity to Be Disposed of: Not to exceed 250 000 m3.

A. MENTZELOPOULOS
Environmental Protection
Pacific and Yukon Region

[8-1-o]

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, Permit No. 4543-2-03339 is approved.

1. Permittee: Fraser River Port Authority, New Westminster, British Columbia.

2. Type of Permit: To load and dispose of waste and other matter at sea.

3. Term of Permit: Permit is valid from March 22, 2004, to March 21, 2005.

4. Loading Site(s): Various approved sites in the Fraser River Estuary, British Columbia, at approximately 49°12.00' N, 123°08.00' W.

5. Disposal Site(s):

(a) Point Grey Disposal Site: 49°15.40' N, 123°22.10' W, at a depth of not less than 210 m;

(b) Sand Heads Disposal Site: 49°06.00' N, 123°19.50' W, at a depth of not less than 70 m (no woodwaste allowed);

(c) PWC Spoil Area 2: 49°07.80' N, 123°14.60' W, at a depth of not less than 18 m;

(d) PWC Spoil Area 3: 49°06.40' N, 123°07.90' W, at a depth of not less than 13 m;

(e) PWC Spoil Area 4: 49°07.80' N, 123°04.00' W, at a depth of not less than 14 m;

(f) PWC Spoil Area 5: 49°09.40' N, 122°59.70' W, at a depth of not less than 10 m;

(g) PWC Spoil Area 8: 49°15.50' N, 123°17.45' W, at a depth of not less than 37 m; and

(h) PWC Spoil Area 8A: 49°16.40' N, 123°16.70' W, at a depth of not less than 5 m.

The following position-fixing procedures must be followed to ensure disposal at the designated disposal site:

(i) The vessel must inform the appropriate Marine Communications and Traffic Services (MCTS) Centre upon departure from the loading site that it is heading for a disposal site;

(ii) Upon arrival at a disposal site, and prior to disposal, the vessel must again call the appropriate MCTS Centre to confirm its position. Disposal can proceed if the vessel is on the designated site. If the vessel is not within the disposal site boundaries, the MCTS Centre will advise of the bearing and distance to the site and advise when disposal can proceed; and

(iii) The vessel must inform the appropriate MCTS Centre when disposal has been completed and prior to leaving the disposal site.

6. Route to Disposal Site(s): Direct.

7. Method of Loading and Disposal: Loading by clamshell dredge or suction cutter dredge and pipeline, with disposal by hopper barge or end dumping.

8. Rate of Disposal: As required by normal operations.

9. Total Quantity to Be Disposed of: Not to exceed 500 000 m3.

10. Waste and Other Matter to Be Disposed of: Dredged material consisting of silt, sand, rock, wood wastes and other materials typical to the approved loading site, except logs and usable wood.

10.1. The Permittee must ensure that every reasonable effort has been made to prevent the deposition of log bundling strand into material approved for loading and ocean disposal and/or remove log bundling strand from material approved for loading and ocean disposal.

11. Requirements and Restrictions:

11.1 The Permittee must notify the permit issuing office in writing and receive written approval for each loading site prior to any loading or disposal. The written notification must include the following information:

(i) the co-ordinates of the proposed loading site;

(ii) a site map showing the proposed loading site relative to known landmarks or streets;

(iii) a figure showing the legal water lots impacted by the proposed dredging or loading activities, giving the spatial delineations of the proposed dredge site within these water lots;

(iv) all analytical data available for the proposed loading site;

(v) the nature and quantity of the material to be loaded and disposed of;

(vi) the proposed dates on which the loading and disposal will take place; and

(vii) a site history for the proposed loading site.

Additional requirements may be requested by the permit issuing office.

11.2 The Permittee must ensure that all contractors involved in the loading or disposal activity for which the permit is issued are made aware of any restrictions or conditions identified in the permit and of the possible consequences of any violation of these conditions. A copy of the permit and the letter of transmittal must be carried on all towing vessels and loading platforms or equipment involved in disposal at sea activities.

11.3 The fee prescribed by the Ocean Dumping Permit Fee Regulations (Site Monitoring) shall be paid by the Permittee in accordance with those Regulations.

11.4 Contact must be made with the Canadian Coast Guard, Regional Marine Information Centre, regarding the issuance of a "Notice to Shipping." The Permittee should contact the Regional Manager, Regional Marine Information Centre, 2380-555 West Hastings Street, Vancouver, British Columbia V6B 5G3, (604) 666-6012 (Telephone), (604) 666-8453 (Facsimile), RMIC-PACIFIC@PAC.DFO-MPO.GC.CA (Electronic mail).

11.5 Any enforcement officer designated pursuant to subsection 217(1) of the Canadian Environmental Protection Act, 1999, shall be permitted to mount an electronic tracking device on any vessel that is engaged in the disposal at sea activities authorized by this permit. The Permittee shall take all reasonable measures to ensure there is no tampering with the tracking device and no interference with its operation. The tracking device shall be removed only by an enforcement officer or by a person with the written consent of an enforcement officer.

11.6 The Permittee must report to the Regional Director, Environmental Protection Branch, Pacific and Yukon Region, within 10 days of completion of loading at each loading site, the nature and quantity of material disposed of pursuant to the permit, and the dates on which the activity occurred.

11.7 The Permittee must submit to the Regional Director, Environmental Protection Branch, within 30 days of the expiry of the permit, a list of all work completed pursuant to the permit, the nature and quantity of material disposed of, and the dates on which the activity occurred.

A. MENTZELOPOULOS
Environmental Protection
Pacific and Yukon Region

[8-1-o]

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, Permit No. 4543-2-03340 is approved.

1. Permittee: Fraser River Pile & Dredge Ltd., New Westminster, British Columbia.

2. Type of Permit: To load and dispose of waste and other matter at sea.

3. Term of Permit: Permit is valid from April 17, 2004, to April 16, 2005.

4. Loading Site(s):

(a) Various sites on southern Vancouver Island, at approximately 49°00.00' N, 125°00.00' W;

(b) Various sites on northern Vancouver Island, at approximately 50°50.00' N, 127°00.00' W;

(c) Various approved sites in Howe Sound, at approximately 49°50.00' N, 123°31.00' W;

(d) Various sites between Cape Cockburn and Gower Point, at approximately 49°30.00' N, 123°22.00' W;

(e) Various approved sites on the Fraser River Estuary, at approximately 49°12.00' N, 123°08.00' W; and

(f) Various approved sites in Vancouver Harbour, at approximately 49°18.17' N, 122°54.00' W.

5. Disposal Site(s):

(a) Cape Mudge Disposal Site: 49°57.70' N, 125°05.00' W, at a depth of not less than 200 m;

(b) Comox (Cape Lazo) Disposal Site: 49°41.70' N, 124°44.50' W, at a depth of not less than 190 m;

(c) Five Finger Island Disposal Site: 49°15.20' N, 123°54.60' W, at a depth of not less than 280 m;

(d) Haro Strait Disposal Site: 48°41.00' N, 123°16.40' W, at a depth of not less than 200 m;

(e) Johnstone Strait-Hanson Island Disposal Site: 50°33.50' N, 126°48.00' W, at a depth of not less than 350 m;

(f) Kitimat Arm Disposal Site: 53°58.00' N, 128°41.50' W, at a depth of not less than 176 m;

(g) Malaspina Strait Disposal Site: 49°45.00' N, 124°26.95' W, at a depth of not less than 320 m;

(h) Point Grey Disposal Site: 49°15.40' N, 123°22.10' W, at a depth of not less than 210 m;

(i) Porlier Pass Disposal Site: 49°00.20' N, 123°29.80' W, at a depth of not less than 200 m;

(j) Sand Heads Disposal Site: 49°06.00' N, 123°19.50' W, at a depth of not less than 70 m;

(k) Thormanby Island Disposal Site: 49°27.50' N, 124°04.50' W, at a depth of not less than 384 m;

(l) Thornbrough Channel Disposal Site: 49°31.00' N, 123°28.30' W, at a depth of not less than 220 m;

(m) Victoria Disposal Site: 48°22.30' N, 123°21.80' W, at a depth of not less than 90 m; and

(n) Watts Point Disposal Site: 49°38.50' N, 123°14.10' W, at a depth of not less than 230 m.

The following position-fixing procedures must be followed to ensure disposal at the designated disposal site:

(i) The vessel must inform the appropriate Marine Communications and Traffic Service (MCTS) Centre upon departure from the loading site that it is heading for a disposal site;

(ii) Upon arrival at the disposal site, and prior to disposal, the vessel must again call the appropriate MCTS Centre to confirm its position. Disposal can proceed if the vessel is on the disposal site. If the vessel is not within the disposal site boundaries, the MCTS Centre will direct it to the site and advise that disposal can proceed; and

(iii) The vessel will inform the appropriate MCTS Centre when disposal has been completed prior to leaving the disposal site.

6. Route to Disposal Site(s): Direct.

7. Method of Loading and Disposal: Loading by clamshell dredge or pipeline dredge, with disposal by hopper barge or end dumping.

8. Rate of Disposal: As required by normal operations.

9. Total Quantity to Be Disposed of: Not to exceed 70 000 m3.

10. Waste and Other Matter to Be Disposed of: Dredged material consisting of silt, sand, rock, wood wastes, non-reusable concrete, and other materials typical to the approved loading site, except logs and usable wood.

10.1 The Permittee must ensure that every reasonable effort has been made to prevent the deposition of log bundling strand into material approved for loading and ocean disposal and/or remove log bundling strand from material approved for loading and ocean disposal.

11. Requirements and Restrictions:

11.1 The Permittee must notify the permit-issuing office in writing and receive written approval for each loading site prior to any loading or disposal. The written notification must include the following information:

(i) the co-ordinates of the proposed loading site;

(ii) a site map showing the proposed loading site relative to known landmarks or streets;

(iii) a figure showing the legal water lots impacted by the proposed dredging or loading activities, giving the spatial delineations of the proposed dredge site within these water lots;

(iv) all analytical data available for the proposed loading site;

(v) the nature and quantity of the material to be loaded and disposed of;

(vi) the proposed dates on which the loading and disposal will take place; and

(vii) a site history for the proposed loading site.

Additional requirements may be requested by the permit-issuing office.

11.2 The Permittee must ensure that all contractors involved in the loading or disposal activity for which the permit is issued are made aware of any restrictions or conditions identified in the permit and of the possible consequences of any violation of these conditions. A copy of the permit and the letter of transmittal must be carried on all towing vessels and loading platforms or equipment involved in disposal at sea activities. A copy of the written approval for the appropriate loading site must be displayed with each copy of the permit posted at the loading sites.

11.3 The fee prescribed by the Ocean Dumping Permit Fee Regulations (Site Monitoring) shall be paid by the Permittee in accordance with those Regulations.

11.4 Contact must be made with the Canadian Coast Guard, Regional Marine Information Centre, regarding the issuance of a "Notice to Shipping." The Permittee should contact the Regional Manager, Regional Marine Information Centre, 350-555 West Hastings Street, Vancouver, British Columbia V6B 5G3, (604) 666-6012 (Telephone), (604) 666-8453 (Facsimile), RMIC-PACIFIC@PAC.DFO-MPO.GC.CA (Electronic mail).

11.5 Any enforcement officer designated pursuant to subsection 217(1) of the Canadian Environmental Protection Act, 1999, shall be permitted to mount an electronic tracking device on any vessel that is engaged in the disposal at sea activities authorized by this permit. The Permittee shall take all reasonable measures to ensure there is no tampering with the tracking device and no interference with its operation. The tracking device shall be removed only by an enforcement officer or by a person with the written consent of an enforcement officer.

11.6 The Permittee must report to the Regional Director, Environmental Protection Branch, Pacific and Yukon Region, within 10 days of completion of loading at each loading site, the nature and quantity of material disposed of pursuant to the permit and the dates on which the activity occurred.

11.7 The Permittee must submit to the Regional Director, Environmental Protection Branch, within 30 days of the expiry of the permit, a list of all work completed pursuant to the permit, the nature and quantity of material disposed of and the dates on which the activity occurred.

A. MENTZELOPOULOS
Environmental Protection
Pacific and Yukon Region

[8-1-o]

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, Permit No. 4543-2-04265 is approved.

1. Permittee: Department of Public Works and Government Services, Quebec Region.

2. Type of Permit: Permit to load or dispose of dredged material.

3. Term of Permit: Permit is valid from March 22 to June 30, 2004, and from September 1 to November 30, 2004.

4. Loading Site(s): Pointe-Basse Harbour, 47°23.36' N, 61°47.45' W (NAD83), with the exception of the zone of exclusion (2003) described in the drawing QU-02087-M from the Department of Public Works and Government Services, modified February 3, 2003, by the Department of the Environment.

5. Disposal Site(s):

(a) Disposal Site PB-8, 47°22.10' N, 61°47.75' W (NAD83); and

(b) Pointe-Basse Harbour, 47°23.36' N, 61°47.45' W (NAD83).

6. Route to Disposal Site(s):

(a) Direct navigational route from the loading site to the disposal site. The disposal site is located approximately 2.4 km south of Pointe-Basse Harbour; and

(b) Not applicable.

7. Equipment: Clamshell dredge or hydraulic shovel, towed scow, steel beam or scraper blade.

8. Method of Disposal:

(a) Dredging will be carried out with a clamshell dredge or a hydraulic shovel and disposal will be carried out with a towed scow; and

(b) Levelling of the seabed by a steal beam or a scraper blade.

9. Rate of Disposal: As required by normal operations.

10. Total Quantity to Be Disposed of: Not to exceed 9 000 m3 scow measure.

11. Material to Be Disposed of: Dredged material consisting of gravel, sand, silt, clay, or colloids.

12. Requirements and Restrictions:

12.1 It is required that the Permittee report in writing to the Regional Director, Environmental Protection Branch, Department of the Environment, Quebec Region, 105 McGill Street, 4th Floor, Montréal, Quebec H2Y 2E7, (514) 283-4423 (Facsimile), immersion.qc@ec.gc.ca (Electronic mail), at least 48 hours prior to the first disposal operation pursuant to this permit.

12.2 The Permittee shall submit a written report to the Regional Director, identified in paragraph 12.1, within 30 days from the expiry of the permit. This report shall include the Register of Disposal at Sea Operations mentioned in paragraph 12.5, and shall contain the following information: the quantity and type of material disposed of pursuant to the permit, the dates on which the loading and disposal activities occurred, and the equipment used for disposal operations.

12.3 It is required that the Permittee admit any enforcement officers designated pursuant to subsection 217(1) of the Canadian Environmental Protection Act, 1999, to any place, ship, aircraft, or other structure directly related to the loading or disposal at sea referred to under this permit, at any reasonable time throughout the duration of this permit.

12.4 A copy of this permit must, at all times, be kept aboard any vessel involved in the disposal operations.

12.5 The Permittee must complete the Register of Disposal at Sea Operations as provided by the Department of the Environment. This register must, at all times, be kept aboard any vessel involved in the disposal operations and be accessible to enforcement officers designated under the Canadian Environmental Protection Act, 1999.

12.6 The Permittee must signal the Canadian Coast Guard station at Rivière-au-Renard immediately before leaving the port for disposal operations at the disposal site. The Permittee must record theses communications in the register mentioned in the previous paragraph.

12.7 The Permittee shall mark out the disposal site with buoys for the entire duration of disposal operations.

12.8 The loading or disposal at sea referred to under this permit shall not be carried out without written authorization from the Permittee.

12.9 The fee prescribed by the Ocean Dumping Permit Fee Regulations (Site Monitoring) shall be paid by the Permittee in accordance with those Regulations.

M.-F. BÉRARD
Environmental Protection
Quebec Region

[8-1-o]

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, Permit No. 4543-2-04267 is approved.

1. Permittee: Department of Public Works and Government Services, Quebec Region.

2. Type of Permit: Permit to load or dispose of dredged material.

3. Term of Permit: Permit is valid from March 22 to August 14, 2004, and from October 1 to November 30, 2004.

4. Loading Site(s): Millerand Harbour, 47°12.96' N, 61°59.09' W (NAD83), with the exception of the zone of exclusion A (2004) described in the drawing produced by Technisol Environment after the Public Works and Government Services plan QU-03016-M, as modified by the Department of the Environment facsimile dated January 22, 2004, from the Department of the Environment to the Department of Public Works and Government Services.

5. Disposal Site(s):

(a) Disposal Site M-5, 47°11.80' N, 61°58.60' W (NAD83); and

(b) Millerand Harbour, 47°12.96' N, 61°59.09' W (NAD83).

6. Route to Disposal Site(s):

(a) Direct navigational route from the loading site to the disposal site. The disposal site is located approximately 2.2 km south of Millerand Harbour; and

(b) Not applicable.

7. Equipment: Clamshell dredge or hydraulic shovel, towed scow, steel beam or scraper blade.

8. Method of Disposal:

(a) Dredging will be carried out with a clamshell dredge or a hydraulic shovel and disposal will be carried out with a towed scow; and

(b) Levelling of the seabed by a steel beam or a scraper blade.

9. Rate of Disposal: As required by normal operations.

10. Total Quantity to Be Disposed of: Not to exceed 9 000 m3 scow measure.

11. Material to Be Disposed of: Dredged material consisting of gravel, sand, silt, clay, or colloids.

12. Requirements and Restrictions:

12.1 It is required that the Permittee report in writing to the Regional Director, Environmental Protection Branch, Department of the Environment, Quebec Region, 105 McGill Street, 4th Floor, Montréal, Quebec H2Y 2E7, (514) 283-4423 (Facsimile), immersion.qc@ec.gc.ca (Electronic mail), at least 48 hours prior to the first disposal operation pursuant to this permit.

12.2 The Permittee shall submit a written report to the Regional Director, identified in paragraph 12.1, within 30 days from the expiry of the permit. This report shall include the Register of Disposal at Sea Operations mentioned in paragraph 12.5, and shall contain the following information: the quantity and type of material disposed of pursuant to the permit, the dates on which the loading and disposal activities occurred, and the equipment used for disposal operations.

12.3 It is required that the Permittee admit any enforcement officers designated pursuant to subsection 217(1) of the Canadian Environmental Protection Act, 1999, to any place, ship, aircraft, or other structure directly related to the loading or disposal at sea referred to under this permit, at any reasonable time throughout the duration of this permit.

12.4 A copy of this permit must, at all times, be kept aboard any vessel involved in the disposal operations.

12.5 The Permittee must complete the Register of Disposal at Sea Operations as provided by the Department of the Environment. This register must, at all times, be kept aboard any vessel involved in the disposal operations and be accessible to enforcement officers designated under the Canadian Environmental Protection Act, 1999.

12.6 The Permittee must signal the Canadian Coast Guard station at Rivière-au-Renard immediately before leaving the port for disposal operations at the disposal site. The Permittee must record theses communications in the register mentioned in the previous paragraph.

12.7 The Permittee shall mark out the disposal site with buoys for the entire duration of disposal operations.

12.8 The loading or disposal at sea referred to under this permit shall not be carried out without written authorization from the Permittee.

12.9 The fee prescribed by the Ocean Dumping Permit Fee Regulations (Site Monitoring) shall be paid by the Permittee in accordance with those Regulations.

M.-F. BÉRARD
Environmental Protection
Quebec Region

[8-1-o]

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Significant New Activity Notice No. 12814

Significant New Activity Notice

(Section 110 of the Canadian Environmental
Protection Act, 1999
)

Whereas the Ministers of the Environment and Health have assessed information in respect of the living organism Modified Yeast;

Whereas the living organism is not on the Domestic Substances List;

And whereas the Ministers suspect that a significant new activity in relation to the living organism by virtue of its composition may result in the living organism becoming toxic, as defined in section 64 of the Canadian Environmental Protection Act, 1999 (CEPA 1999);

Therefore the Minister of the Environment indicates, pursuant to section 110 of the CEPA 1999, that subsection 106(4) of the same Act applies with respect to the living organism.

A significant new activity involving the living organism is any activity that does not include

(a) the use of the living organism within a contained facility, as defined in subsection 2(1) of the New Substances Notification Regulations, in the production of fuel ethanol using sugars from lignocellulosic biomass; or

(b) the disinfection of all liquid, gaseous or solid effluents or wastes to destroy a minimum of 99.999 percent of the living organism prior to release or disposal.

A person that proposes to use this substance for a significant new activity set out in this notice shall provide to the Minister, at least 90 days prior to the commencement of the proposed significant new activity, the following information:

(1) A description of the proposed significant new activity in relation to the living organism;

(2) A description of the mode of action of the living organism in relation to a use other than that set out in paragraph (a) above; and

(3) A description of any disinfection method with a disinfection efficacy other than that referred to in paragraph (b) above for the treatment of liquid, gaseous or solid effluents or wastes prior to release or disposal, and the efficacy of that method.

The above information will be assessed within 90 days of its being provided to the Minister.

DAVID ANDERSON
Minister of the Environment

EXPLANATORY NOTE

(This explanatory note is not part of the Significant New Activity Notice.)

A Significant New Activity Notice (SNAc Notice) is a legal document pursuant to subsections 85(1) or 110(1) of the Canadian Environmental Protection Act, 1999 (CEPA 1999) issued by the Minister. It lists the activities for a given substance in Canada for which there has been no finding of toxicity under the CEPA 1999. The SNAc Notice sets out the appropriate information that must be sent to the Minister for assessment prior to the commencement of a new activity as described in the SNAc Notice.

Substances that are not listed on the Domestic Substances List can only be imported or manufactured by the person who has met the requirements under sections 81 or 106 of the CEPA 1999. Under sections 86 or 111 of the CEPA 1999, in circumstances where a SNAc Notice is issued for a new substance, it is the responsibility of every person who transfers the physical possession or control of the substance to notify all persons to whom the possession or control is transferred of the obligation to comply with the SNAc Notice and of the obligation to notify of any new activity and all other information as described in the SNAc Notice. It is the responsibility of the users of the substance to be aware of and comply with the SNAc Notice and to submit a SNAc notification to the Minister prior to the commencement of a significant new activity associated with the substance.

A SNAc Notice does not constitute an endorsement by the Minister with respect to the substance to which it relates, nor does it constitute an exemption from the application of any other laws or regulations or other statutory instruments that may also apply to the substance or activities involving or in respect of the substance.

[8-1-o]

DEPARTMENT OF FINANCE

CURRENCY ACT

Designations

Notice is hereby given that on January 26, 2004, pursuant to subsection 17(2) of the Currency Act, the Minister of Finance repealed all previous designations and designated

(1) the following currencies: the United States of America dollar; the Euro; the Japanese yen; and

(2) the following unit of account: Special Drawing Right of the International Monetary Fund.

On the same date the Minister of Finance, under subparagraph 17(2)(d)(ii) and paragraph 17(2)(e) of the Currency Act, repealed all previous designations and made designations using the following criteria:

(a) The International Monetary Fund, the Bank for International Settlements, the European Central Bank, the Bank of England, the Deutsche Bundesbank, the Bank of Japan, the Federal Reserve Bank of New York; and official international financial organizations that have from at least two of the following rating agencies, at least one of which must be Moody's Investors Service (Moody's) or Standard and Poor's Ratings Services (S&P;), a minimum senior long term debt rating of Aa3 as rated by Moody's, AA- as rated by S&P;, AA- as rated by Fitch IBCA, or AA (low) as rated by Dominion Bond Rating Service;

(b) governments of other countries, government agencies or institutions that have from at least two of the following rating agencies, at least one of which must be Moody's Investors Service (Moody's) or Standard and Poor's Ratings Services (S&P;), a minimum senior long term debt rating of A3 as rated by Moody's, A- as rated by S&P;, A- as rated by Fitch IBCA, or A (low) as rated by Dominion Bond Rating Service; and

(c) financial institutions that have from at least two of the following rating agencies, at least one of which must be Moody's Investors Service (Moody's) or Standard and Poor's Ratings Services (S&P;), a minimum senior long term debt rating of A3 as rated by Moody's, A- as rated by S&P;, A- as rated by Fitch IBCA, or A (low) as rated by Dominion Bond Rating Service.

ROB STEWART
Director
Financial Markets Division
Financial Sector Policy Branch

[8-1-o]

DEPARTMENT OF INDUSTRY

INVESTMENT CANADA ACT

Amount for the Year 2004

Pursuant to subsection 14.1(2) of the Investment Canada Act, I hereby determine that the amount for the year 2004, equal to or above which an investment is reviewable, is two hundred and thirty-seven million dollars.

LUCIENNE ROBILLARD
Minister of Industry and Minister
Responsible for Investment Canada

[8-1-o]

 

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