Notices to Trustees

Notice to Trustees on behalf of CRA: New coordinates for contacting CRA regarding Form DC905
The OSB is transmitting this message on behalf of CRA. CRA has established new coordinates for inquiries regarding Form DC905.

Notice to Trustees on behalf of CRA: New coordinates for contacting CRA regarding Form T1013 (Authorizing or Cancelling a Representative)
The OSB is transmitting this message on behalf of CRA. CRA has established new coordinates for inquiries regarding Form T1013.

Rules Amending the Bankruptcy and Insolvency General Rules SOR/DORS/2007-61
The OSB would like to inform you of the coming into force of the Rules Amending the Bankruptcy and Insolvency General Rules. The Rules were amended in order that they comply with amendments already made to the Bankruptcy and Insolvency Act. These technical amendments are intended to ensure the harmonization of federal law with Quebec civil law.

Trustee Electronic Record Keeping (TERK) Pilot Project Launch May 2007
The Office of the Superintendent of Bankruptcy (OSB) launched a pilot project in collaboration with a trustee firm to evaluate the feasability of electronic storage of insolvency files.

Notice to Trustees on behalf of CRA: Authorizing or Cancelling a Representative
The OSB is transmitting this message on behalf of CRA. CRA advises of new procedures for the Form T1013 (Authorizing or Cancelling a Representative).

Reminder letter to Trustees on updates to 2007 ABR
Letter reminding all trustees of Annual Banking Report (ABR) and important updates for 2007, to provide the OSB with all Estates funds and banking information by May 31th, form at Schedule 3. Directive 5R2 came into force on April 3, 2006.

CRA Message for Trustees April 2007
The OSB is transmitting this message on behalf of CRA. CRA advises that some of the automatic updates that were applied to GST/HST credit accounts (to direct a cheque to the debtor rather than to the trustee where the trustee advised CRA that they no longer had an interest in receiving the GST/HST credit payment) were inadvertently removed. CRA has identified the affected accounts and updates will be reset automatically.

CRA Message for Trustees February 2007
The OSB is transmitting this message on behalf of CRA. CRA has announced a new procedure for trustees to use to notify CRA where the trustee has no interest in the GSTC cheque.

Quebec Pay Equity Payments
The OSB has prepared a position paper regarding the treatment of these payments in the bankruptcy context.

Indian Residential School Settlement Payments
The OSB has prepared a position paper regarding the nature of these payments in the bankruptcy context.

Ontario Home Electricity Rebates
The OSB has prepared a position paper regarding the treatment of the Ontario Home Electricity Payment in the bankruptcy context.

Universal Child Care Benefits
The OSB has prepared a position paper regarding the treatment of payments under the Universal Child Care Benefits plan.

CRA Message for Trustees June 2006
Announcement of changes to the GST refund process

Amendments to Forms and Directives
The Office of the Superintendent of Bankruptcy has made a number of amendments to both the forms and directives as a result of three separate initiatives. These initiatives deal with modifications to some forms to facilitate their electronic transmission, updating them to comply with harmonization legislation, and replacing the term “Division Assistant Superintendent” in the directives given the OSB’s organizational renewal exercise.

CRA Message for Trustees - CRA's Bankruptcy Identification Form (Form DC905)
The OSB is transmitting this message on behalf of the CRA. CRA's Form DC905 has been revised, March 9, 2006.

Referral Agreements between Trustees and a Third Party
Many Trustees and CAIRP are concerned about the ethics regarding referral agreements entered into by Trustees with various individuals or business such as Credit Counselling Agencies, financial counsellors or even sometimes another trustee who has been prevented from filing new estates through conservatory measures, their unfairness and their non compliance with legislation.

Federal Energy Rebates
The OSB has prepared a position paper regarding the treatment of Federal Energy Rebates in the bankruptcy context.

Alberta Resource Rebates
The OSB has prepared a position paper regarding the treatment of Alberta Resource Rebates in the bankruptcy context.

Bill C-55 receives Royal Assent
Bill C-55 received royal assent. The Industry Minister assures that it will not be proclaimed in force before June 30, 2006, to allow for further legislative and regulatory amendments. The OSB is assessing the regulatory and operational changes and will post them on our website to seek stakeholders’ views.

Rules Amending the Bankruptcy and Insolvency General Rules

CRA Message for Trustees - Goods and Services Tax Credit (September 29, 2005)

Regulations amending the OPD Regulations

Over 100,000 estates have been E-Filed
(July 7, 2005)

CRA Message for Trustees - Goods and Services Tax Credit (June 27, 2005)

CRA Message for Trustees - Goods and Services Tax Credit (May 13, 2005)

CRA Message - Goods and Services Tax Credit (April 15, 2005)

Notice of Changes to the Regulations Under the Canada Student Loans Program

Deemed Annulments of Consumer Proposals and the Treatment of Moneys Available for Distribution

Procedural Changes for Submission of Social Insurance Numbers - July 30, 2003

Procedural Changes for Submission of Social Insurance Numbers - March 10, 2003

The Determination of The Date of Bankruptcy Following The Filing of Assignment Documents