Alberta Gazette, Part I — Tuesday, July 15, 2025
Tuesday, July 15, 2025
Alberta — Gazette
The Alberta Gazette
Part I
Vol. 121 Edmonton, Tuesday, July 15, 2025 No. 13
PROCLAMATION
[GREAT SEAL]
CANADA
PROVINCE OF ALBERTA Ritu Khullar, Administrator.
CHARLES THE THIRD, by the Grace of God King of Canada and His Other
Realms and Territories, Head of the Commonwealth
P R O C L A M A T I O N
To all to Whom these Presents shall come
G R E E T I N G
Malcolm Lavoie, K.C., Deputy Attorney General
WHEREAS sections 1(3), 2(4), 3(11), 4(3), 5(20), 6(65), 7(90), 8(3), 10(17) and
11(15) of the Election Statutes Amendment Act, 2025 provides that sections 1, 2, 3, 4,
5, 6, 7, 8, 10 and 11 of that Act comes into force on Proclamation; and
WHEREAS it is expedient to proclaim sections 1 to 8, 10 and 11 of the Election
Statutes Amendment Act, 2025 in force:
NOW KNOW YE THAT by and with the advice and consent of Our Executive
Council of Our Province of Alberta, by virtue of the provisions of the said Act
hereinbefore referred to and of all other power and authority whatsoever in Us vested
in that behalf, We have ordered and declared and do hereby proclaim sections 1 to 8,
10 and 11 of the Election Statutes Amendment Act, 2025 in force on July 4, 2025.
IN TESTIMONY WHEREOF We have caused these Our Letters to be made Patent
and the Great Seal of Our Province of Alberta to be hereunto affixed.
WITNESS: THE HONOURABLE RITU KHULLAR, Administrator of Our
Province of Alberta, this 25th day of June in the Year of Our Lord Two Thousand
Twenty-five and in the Third Year of Our Reign.
BY COMMAND Mickey Amery, K.C., Provincial Secretary.
PROCLAMATION
[GREAT SEAL]
CANADA
PROVINCE OF ALBERTA Ritu Khullar, Administrator.
CHARLES THE THIRD, by the Grace of God King of Canada and His Other
Realms and Territories, Head of the Commonwealth
P R O C L A M A T I O N
To all to Whom these Presents shall come
G R E E T I N G
Malcolm Lavoie, K.C., Deputy Attorney General
WHEREAS
section 124(
c) of the Health Statutes Amendment Act, 2020 (No. 2)
provides that
Part 4, except
section 96(b), of that Act comes into force on
Proclamation; and
WHEREAS sections 70, 74, 78, 79 and 93 of the Health Statutes Amendment Act,
2020 (No. 2) were proclaimed in force on October 1, 2021; and
WHEREAS sections 71, 72, 77, 81 to 92, 95(a)(i), to the extent that it repeals
section
131(1)(a)(iii) to (vii) of the Health Professions Act, (ii), to the extent that it repeals
section 131(1)(
c) to (
h) of the Health Professions Act, (iii) and (iv) and (b), 96(c), 97,
98, 102(b), 121 and 123 of the Health Statutes Amendment Act, 2020 (No. 2) were
proclaimed in force on March 31, 2023; and
WHEREAS sections 73, 75, 76 and 80 of the Health Statutes Amendment Act, 2020
(No. 2) were proclaimed in force on April 1, 2023; and
WHEREAS it is expedient to proclaim
section 105(a), (b)(
i) to (iv), (c)(i)(
A) and (iii)
and (
d) to (
f) of the Health Statutes Amendment Act, 2020 (No. 2) in force:
NOW KNOW YE THAT by and with the advice and consent of Our Executive
Council of Our Province of Alberta, by virtue of the provisions of the said Act
hereinbefore referred to and of all other power and authority whatsoever in Us vested
in that behalf, We have ordered and declared and do hereby proclaim
section 105(a),
(b)(
i) to (iv), (c)(i)(
A) and (iii) and (
d) to (
f) of the Health Statutes Amendment Act,
2020 (No. 2) in force on February 2, 2026.
IN TESTIMONY WHEREOF We have caused these Our Letters to be made Patent
and the Great Seal of Our Province of Alberta to be hereunto affixed.
WITNESS: THE HONOURABLE RITU KHULLAR, Administrator of Our
Province of Alberta, this 25th day of June in the Year of Our Lord Two Thousand
Twenty-five and in the Third Year of Our Reign.
BY COMMAND Mickey Amery, K.C., Provincial Secretary.
PROCLAMATION
[GREAT SEAL]
CANADA
PROVINCE OF ALBERTA Ritu Khullar, Administrator.
CHARLES THE THIRD, by the Grace of God King of Canada and His Other
Realms and Territories, Head of the Commonwealth
P R O C L A M A T I O N
To all to Whom these Presents shall come
G R E E T I N G
Malcolm Lavoie, K.C., Deputy Attorney General
WHEREAS
section 59 of the Health Statutes Amendment Act, 2025 provides that
that Act, except sections 4(1) to (3) and (5)(b), 27(1) and (5) to (11), 29, 37(1), (2)(
c) and (3)(b), 43(1) and (3), 45(1), (8), (13)(
a) to (d), 29(c)(iii), (40)(c), (42)(a)(iv)(
A) and (
D) and (v), (43)(
m) and 54, comes into force on Proclamation; and
WHEREAS
section 45(2)(g)(
i) of the Health Statutes Amendment Act, 2025 was
proclaimed in force on June 4, 2025; and
WHEREAS it is expedient to proclaim
section 47(1), (2)(a), (c), (d), (f), (
g) and (i),
(3), (4)(
a) to (c), (6), (7)(a), (8) to (15), (17) to (25), (26)(a), (
b) and (d), (27), (31)
and (32)(
b) to (
d) of the Health Statutes Amendment Act, 2025 in force:
NOW KNOW YE THAT by and with the advice and consent of Our Executive
Council of Our Province of Alberta, by virtue of the provisions of the said Act
hereinbefore referred to and of all other power and authority whatsoever in Us vested
in that behalf, We have ordered and declared and do hereby proclaim
section 47(1),
(2)(a), (c), (d), (f), (
g) and (i), (3), (4)(
a) to (c), (6), (7)(a), (8) to (15), (17) to (25),
(26)(a), (
b) and (d), (27), (31) and (32)(b), (
c) and (
d) of the Health Statutes
Amendment Act, 2025 in force on July 1, 2025.
IN TESTIMONY WHEREOF We have caused these Our Letters to be made Patent
and the Great Seal of Our Province of Alberta to be hereunto affixed.
WITNESS: THE HONOURABLE RITU KHULLAR, Administrator of Our
Province of Alberta, this 25th day of June in the Year of Our Lord Two Thousand
Twenty-five and in the Third Year of Our Reign.
BY COMMAND Mickey Amery, K.C., Provincial Secretary.
PROCLAMATION
[GREAT SEAL]
CANADA
PROVINCE OF ALBERTA Ritu Khullar, Administrator.
CHARLES THE THIRD, by the Grace of God King of Canada and His Other
Realms and Territories, Head of the Commonwealth
P R O C L A M A T I O N
To all to Whom these Presents shall come
G R E E T I N G
Malcolm Lavoie, K.C., Deputy Attorney General
WHEREAS
section 6(7) of the Miscellaneous Statutes Amendment Act, 2024
provides that
section 6 of that Act comes into force on Proclamation; and
WHEREAS sections 5 and 9 of the Miscellaneous Statutes Amendment Act, 2024
were proclaimed in force on May 1, 2025; and
WHEREAS it is expedient to proclaim
section 6 of the Miscellaneous Statutes
Amendment Act, 2024 in force:
NOW KNOW YE THAT by and with the advice and consent of Our Executive
Council of Our Province of Alberta, by virtue of the provisions of the said Act
hereinbefore referred to and of all other power and authority whatsoever in Us vested
in that behalf, We have ordered and declared and do hereby proclaim
section 6 of the
Miscellaneous Statutes Amendment Act, 2024 in force on July 2, 2025.
IN TESTIMONY WHEREOF We have caused these Our Letters to be made Patent
and the Great Seal of Our Province of Alberta to be hereunto affixed.
WITNESS: THE HONOURABLE RITU KHULLAR, Administrator of Our
Province of Alberta, this 25th day of June in the Year of Our Lord Two Thousand
Twenty-five and in the Third Year of Our Reign.
BY COMMAND Mickey Amery, K.C., Provincial Secretary.
GOVERNMENT NOTICES
Agriculture and Irrigation
Form 15
(Irrigation Districts Act)
(Section 88)
Notice to Irrigation Secretariat:
Change of Area of an Irrigation District
On behalf of the St. Mary River Irrigation District, I hereby request that the
Irrigation Secretariat forward a certified copy of this notice to the Registrar of Land
Titles for the purposes of registration under
section 22 of the Land Titles Act and
arrange for notice to be published in the Alberta Gazette.
The following parcels of land should be added to the irrigation district and the
appropriate notation added to the certificate of title:
LINC Number
Short Legal Description as shown on title
Title Number
0022 370 100
4;17;7;29;SE
93Z149
I certify the procedures required under
part 4 of the Irrigation Districts Act have been
completed and the area of the St. Mary River Irrigation District should be changed
according to the above list.
Rebecca Fast, Office Administrator,
Irrigation Secretariat.
______________
On behalf of the Western Irrigation District, I hereby request that the Irrigation
Secretariat forward a certified copy of this notice to the Registrar of Land Titles for
the purposes of registration under
section 22 of the Land Titles Act and arrange for
notice to be published in the Alberta Gazette.
The following parcels of land should be added to the irrigation district and the
appropriate notation added to the certificate of title:
LINC Number
Short Legal Description as shown on title
Title Number
0015 088 842
4;22;24;23;NE
241 039 840
0021 851 324
4;25;25;26;NW
211 020 157
0022 062 673
4;22;24;23;SE
231 237 341
0029 373 206
4;25;22;30;SW
201 030 181
0034 042 937
0914206;2;1
091 287 309
0035 449 792
4;22;24;13;NW
141 247 973
0036 225 168
4;22;24;23;NW
241 039 831
I certify the procedures required under
part 4 of the Irrigation Districts Act have been
completed and the area of the Western Irrigation District should be changed
according to the above list.
Rebecca Fast, Office Administrator,
Irrigation Secretariat.
Assisted Living and Social Services
Office of the Public Guardian and Trustee
Property being held by the Public Trustee for a period of Ten
(10) Years
(Public Trustee Act)
Section 11(2)(
b) Name of Person Entitled
to Property
Description of
Property held
and its value or
estimated value
Property part of
deceased person's
Estate or held under
Court Order:
Deceased's Name
Judicial District
Court file number
Public Trustee
Office
Additional
Information
Unknown
$1,395.57
Donald Grant Nowell
Edmonton
E162650
Vickery, Blanche Lettitia
$10,063.24
C043475
Amur, Frank
$27,708.83
C065096
Amur, Sharon
$13,801.53
C065097
Amur, Robert
$13,801.53
C065098
Corrin, Phyllis
$21,368.92
C064999
King, William Earl
$10,928.81
C065207
White, Ian
$10,155.36
C054483
Energy and Minerals
Declaration of Withdrawal from Unit Agreement
(Petroleum and Natural Gas Tenure Regulations)
The Minister of Energy and Minerals on behalf of the Crown in Right of Alberta
hereby declares and states that the Crown has withdrawn as a party to the agreement
entitled "Provost Viking Agreement No. 47" effective July 1, 2025.
Alexis Pike, for Minister of Energy and Minerals.
_______________
The Minister of Energy and Minerals on behalf of the Crown in Right of Alberta
hereby declares and states that the Crown has withdrawn as a party to the agreement
entitled "Ukalta Clearwater Agreement No. 3" effective July 1, 2025.
Alexis Pike, for Minister of Energy and Minerals.
_______________
The Minister of Energy and Minerals on behalf of the Crown in Right of Alberta
hereby declares and states that the Crown has withdrawn as a party to the agreement
entitled "Wembley Montney Agreement No. 73" effective July 1, 2025.
Alexis Pike, for Minister of Energy and Minerals.
Production Allocation Unit Agreement
(Mines and Minerals Act)
Notice is hereby given, pursuant to
section 102 of the Mines and Minerals Act, that
the Minister of Energy and Minerals on behalf of the Crown has executed
counterparts of the agreement entitled "Production Allocation Unit Agreement -
Lacombe Duvernay Agreement No. 7" and that the Unit became effective on July 1,
Notice is hereby given, pursuant to
section 102 of the Mines and Minerals Act, that
the Minister of Energy and Minerals on behalf of the Crown has executed
counterparts of the agreement entitled "Production Allocation Unit Agreement -
Lacombe Duvernay Agreement No. 8" and that the Unit became effective on July 1,
Municipal Affairs
Hosting Expenses Exceeding $600.00
For the period January 1, 2025 to March 31, 2025
Function: Assessment Model Review (AMR) Stakeholder Steering Committee
Meetings
Purpose: In-person meetings of the AMR Stakeholder Steering Committee to
confirm the AMR principles and review the rules for reporting and determining
assessable costs currently contained in the Construction Cost Reporting Guide.
Date: September 16-17, 2024; October 29-30, 2024; November 27-28, 2024;
January 9, 2025; February 4-5, 2025; March 12-13, 2025
Amount: $9,675.95
Location: Edmonton, Alberta
Function: 2025 Minister's Open House at Rural Municipalities of Alberta Spring
Convention
Purpose: The Minister hosted a three-day Open House and conducted meetings
during the 2025 Rural Municipalities of Alberta Spring Convention to encourage
positive partnerships with rural municipalities.
Date: March 17-19, 2025
Amount: $13,282.82
Location: Edmonton, Alberta
Function: Minister's discussions with municipal leaders during 2025 Spring
President's Summit on Civility and Municipal Leaders' Caucus
Purpose: The Minister conducted meetings with municipal leaders to provide an
opportunity for in-depth discussions on various aspects of civility in municipal
leadership and to build positive relationships with municipal leaders.
Date: March 5-7, 2025
Amount: $600.55
Location: Edmonton, Alberta
Ministerial Order No. MSD:044/25
(Municipal Government Act)
I, Dan Williams, Minister of Municipal Affairs, on completion of a viability review
undertaken pursuant to
Section 130(2)(
b) of the Municipal Government Act (MGA) ,
under
Section 130.1(2)(
b) of the MGA, make the following order:
That the council and the chief administrative officer for the Village of Bittern
Lake must carry out the directives attached as
Schedule A to this order.
Dated at Edmonton, Alberta, this 12th day of June, 2025.
Dan Williams, Minister.
Schedule A
Directive
Due Date
To ensure the village implements the
recommendations in the Village of Bittern Lake
Viability Review Report, I direct the council:
a. to complete a comprehensive strategic
planning session where council will discuss
the 18 recommendations found in the
viability review report;
August 1, 2025
b. to develop an action plan (including
timelines) as to how village council plans
to address each of the recommendations
found in the viability review report; and
c. to provide a copy of the plan, including
timelines, to Municipal Affairs.
To address the village's long-term infrastructure
planning and financial stability, I direct the council:
a. to prepare a written capital plan respecting
the village's anticipated capital property
additions and allocated or anticipated
funding sources over the period 2026-36.
The plan must address the essential
infrastructure upgrades and repairs
identified in the 10-year capital plan
referred to and summarized in the
"Infrastructure"
section and included in the
Village of Bittern Lake viability review
report. The capital plan should identify any
infrastructure projects already completed,
as well as provide a rationale as to why any
project is not included in the plan, if
necessary; and
September 30, 2025
b. to provide a copy of the capital plan,
including timelines and funding sources, to
Municipal Affairs.
I direct the council:
a. to update and submit the approved 10-year
capital plan and budget amounts identified
therein for the implementation of the
capital plan, on June 1 of each year for the
subsequent five years to Municipal Affairs;
and
June 1, 2030
b. to report on the progress of the
implementation of the council's action plan
to address each of the recommendations
found in the viability plan, on June 1 of
each year for the subsequent five years to
Municipal Affairs.
June 1, 2030
Section 130.1 of the Municipal Government Act
(MGA) provides for the enforcement of directives
ordered by the Minister. I direct council and the
chief administrative officer to carry out to my
satisfaction these directives within the timelines
stated. If the directives are not carried out to my
satisfaction, I may issue further directives or pursue
further action pursuant to
Section 130.3 of the MGA.
Ongoing
Ministerial Order No. MSD:045/25
(Municipal Government Act)
I, Dan Williams, Minister of Municipal Affairs, on completion of a viability review
undertaken pursuant to
Section 130(2)(
a) of the Municipal Government Act (MGA),
under
Section 130.1(2)(
b) of the MGA, make the following order:
That the council and the chief administrative officer for the Village of Delia must
carry out the directives attached as
Schedule A to this order.
Dated at Edmonton, Alberta, this 12th day of June, 2025.
Dan Williams, Minister.
Schedule A
Directive
Due Date
To ensure the village implements the
recommendations in the Village of Delia Viability
Review Report, I direct the council:
a. to complete a comprehensive strategic
planning session where council will discuss
the 26 recommendations found in the
Viability Review Report;
August 1, 2025
b. to develop an action plan (including
timelines) as to how village council plans
to address each of the recommendations
found in the Viability Review Report; and
c. to provide a copy of the plan, including
timelines, to Municipal Affairs.
To address the village's long-term infrastructure
planning and financial stability, I direct the council:
a. to prepare a written capital plan respecting
the village's anticipated capital property
additions and allocated or anticipated
funding sources over the period 2026-36.
The plan must address the essential
infrastructure upgrades and repairs
identified in the 10-year capital plan
referred to and summarized in the
"Infrastructure"
section and included in the
Village of Delia Viability Review Report.
The capital plan should identify any
infrastructure projects already completed,
as well as provide a rationale as to why any
project is not included in the plan, if
necessary; and
September 30, 2025
b. to provide a copy of the capital plan,
including timelines and funding sources, to
Municipal Affairs.
I direct the council:
a. to update and submit the approved 10-year
capital plan and budget amounts identified
therein for the implementation of the
capital plan, on June 1 of each year for the
subsequent five years to Municipal Affairs;
and
June 1, 2030
b. to report on the progress of the
implementation of the council's action plan
to address each of the recommendations
found in the viability plan, on June 1 of
each year for the subsequent five years to
Municipal Affairs.
June 1, 2030
Section 130.1 of the Municipal Government Act
(MGA) provides for the enforcement of directives
ordered by the Minister. I direct council and the
chief administrative officer to carry out to my
satisfaction these directives within the timelines
stated. If the directives are not carried out to my
satisfaction, I may issue further directives or pursue
further action pursuant to
Section 130.3 of the MGA.
Ongoing
Safety Codes Council
Corporate Accreditation - Cancellation
(Safety Codes Act)
Pursuant to
Section 28 of the Safety Codes Act it is hereby ordered that
Perpetual Energy Inc, Accreditation No. C000206, Order No. 926
Is to cease services under the Safety Codes Act for Electrical
Consisting of all parts of the CSA C22.1-21 Canadian Electrical Code (25th Edition)
as amended from time to time.
Issued Date: May 29, 2025.
Alberta Securities Commission
AMENDMENTS TO NATIONAL INSTRUMENT 81-102
INVESTMENT FUNDS
(Securities Act)
Made as a rule by the Alberta Securities Commission on April 9, 2025 pursuant to
sections 223 and 224 of the Securities Act.
AMENDMENTS TO NATIONAL INSTRUMENT 81-102
INVESTMENT FUNDS
1. National Instrument 81-102 Investment Funds is amended by this Instrument.
Section 1.1 is amended in the definition of "alternative mutual fund" by
adding ", crypto assets" before "or specified derivatives".
Section 2.3 is amended
(
a) in paragraph (1)(
e) by adding "or a crypto asset" before "if, immediately"
and by adding "and crypto assets" after "physical commodities",
(
b) in paragraph (1)(
g) by deleting "or" after "sections 2.7 to 2.11",
(
c) in paragraph (1)(
i) by replacing "." with ";",
(
d) in subsection (1) by adding the following paragraph:
(
j) purchase, sell, use or hold a crypto asset or a specified derivative of
which the underlying interest is a crypto asset except to the extent
permitted by paragraph (
e) or subsections (1.3) or (1.4).,
(
e) by adding the following subsections:
(1.3) Paragraph (1)(
j) does not apply to an alternative mutual fund with
respect to the purchase, sale, use or holding of a crypto asset if,
(
a) except in British Columbia, the crypto asset is fungible and either
of the following apply:
(
i) the crypto asset trades on an exchange recognized by a
securities regulatory authority in a jurisdiction of Canada;
(ii) the crypto asset is the underlying interest of a specified
derivative that trades on an exchange recognized by a
securities regulatory authority in a jurisdiction of Canada, or
(
b) in British Columbia, the crypto asset is fungible and either of the
following apply:
(
i) the crypto asset trades on an exchange recognized in British
Columbia or designated for the purposes of this paragraph;
(ii) the crypto asset is the underlying interest of a specified
derivative that trades on an exchange recognized in British
Columbia or designated for the purposes of this paragraph.
(1.4) Paragraph (1)(
j) does not apply to a mutual fund with respect to the
fund entering into a specified derivative that trades on an exchange if,
(
a) except in British Columbia, the exchange is recognized by a
securities regulatory authority in a jurisdiction of Canada, or
(
b) in British Columbia, the exchange is recognized in British
Columbia or designated for the purposes of this subsection., and
(
f) in subsection (2) by replacing "." with ";" at the end of paragraph (
c) and
by adding the following paragraphs:
(
d) purchase, sell, use or hold a crypto asset unless it is a crypto asset
referred to in subsection (1.3);
(
e) enter into a specified derivative the underlying interest of which is a
crypto asset, unless the specified derivative is a specified derivative
referred to in subsection (1.4)..
Part 6 is amended by adding the following section:
6.5.1 Holding of Portfolio Assets that are Crypto Assets
Despite subsections (3) and (4) of
section 6.5, a custodian or a sub-custodian
that holds portfolio assets that are crypto assets must hold the private
cryptographic keys to those assets in offline storage unless the assets are
required to facilitate a portfolio transaction of the investment fund..
Section 6.7 is amended
(
a) by adding the following subsections:
(1.1) A custodian or sub-custodian of an investment fund that holds
portfolio assets that are crypto assets must, on a periodic basis not less
frequently than annually, and no more than 90 days after the end of the
period it references, obtain a report prepared by a public accountant
that expresses a reasonable assurance opinion concerning the design
and operational effectiveness of the service commitments and system
requirements of the custodian or sub-custodian relating to its custody
of crypto assets during a 12-month period.
(1.2) If a report referred to in subsection (1.1) is required to be obtained by
the custodian of an investment fund, then the custodian must deliver a
copy of the report to the investment fund promptly after receipt.
(1.3) If a report referred to in subsection (1.1) is required to be obtained by a
sub-custodian of an investment fund, then the sub-custodian must
deliver a copy of the report to the investment fund's custodian and to
the investment fund promptly after receipt.
(1.4) A custodian or sub-custodian of an investment fund must not hold
portfolio assets of the investment fund that are crypto assets unless
(
a) the custodian or sub-custodian has obtained a report referred to in
subsection (1.1) that relates to a 12-month period ended no more
than 15 months before the date on which the custodian or sub-
custodian first holds portfolio assets of the investment fund that
are crypto assets, and
(
b) the custodian or sub-custodian has delivered a copy of the report,
before the date it first holds crypto assets that are portfolio assets
of the investment fund,
(
i) if the report is obtained by the custodian under paragraph (a),
to the investment fund, or
(ii) if the report is obtained by the sub-custodian under paragraph
(a), to the investment fund and the custodian.
(1.5) For the purposes of subsection (1.4), if a custodian or sub-custodian
ceases to hold portfolio assets of an investment fund that are crypto
assets, paragraphs (1.4)(
a) and (
b) apply to each subsequent period
during which the custodian or sub-custodian holds crypto assets that
are portfolio assets of the investment fund as if the custodian or sub-
custodian were holding portfolio assets of the investment fund that are
crypto assets for the first time., and
(
b) in subsection (2) by deleting "and" at the end of paragraph (b), by
replacing "." with ";" at the end of paragraph (
c) and by adding the
following paragraph:
(
d) whether the custodian or each sub-custodian that holds portfolio assets
of the investment fund that are crypto assets, has delivered a copy of the
report referred to in subsection (1.1)..
6. Subsection 9.4(2) is amended by replacing "." at the end of subparagraph
(b)(iii) with ";" and adding the following paragraph:
(
c) by making good delivery of crypto assets that are not securities if
(
i) the mutual fund would at the time of payment be permitted to
purchase those crypto assets,
(ii) the crypto assets are acceptable to the portfolio adviser of the
mutual fund and consistent with the mutual fund's investment
objectives, and
(iii) the value of the crypto assets is at least equal to the issue price of
the securities of the mutual fund for which they are payment,
valued as if those crypto assets were portfolio assets of the mutual
fund..
Effective date
(1) This Instrument comes into force on July 16, 2025.
(2) In Saskatchewan, despite subsection (1), if this Instrument is filed with the
Registrar of Regulations after July 16, 2025, this Instrument comes into
force on the day on which it is filed with the Registrar of Regulations.
AMENDMENTS TO MULTILATERAL INSTRUMENT 96-101
TRADE REPOSITORIES AND DERIVATIVES DATA REPORTING
(Securities Act)
Made as a rule by the Alberta Securities Commission on July 10, 2024 pursuant to
sections 223 and 224 of the Securities Act.
AMENDMENTS TO MULTILATERAL INSTRUMENT 96-101
TRADE REPOSITORIES AND DERIVATIVES DATA REPORTING
1. Multilateral Instrument 96-101 Trade Repositories and Derivatives Data
Reporting is amended by this Instrument.
2. The title is amended by replacing "Trade Repositories and Derivatives Data
Reporting" with "Derivatives: Trade Reporting".
3. Subsection 1(1) is amended
(
a) by adding the following
definitions:
"collateral and margin data" means data relating to collateral or margin
posted or collected as of the date of reporting, in respect of the data elements
listed in Appendix A under the headings "Data Elements Related to
Collateral and Margin" and "Data Elements Related to Actions and
Events";,
"commodity derivative" means a derivative for which the only underlying
interest is a commodity other than currency;,
"Derivatives Service Bureau" means the subsidiary of the Association of
National Numbering Agencies incorporated as The Derivatives Service
Bureau (DSB) Limited and designated by the Financial Stability Board as
both the service provider for the unique product identifier system for
derivatives and the operator of the unique product identifier reference data
library, or, except in British Columbia, any successor thereto;,
"facility for trading derivatives" means any of the following:
(
a) a marketplace as defined in National Instrument 21-101 Marketplace
Operation;
(
b) a swap execution facility as defined in the Commodity Exchange Act, 7
U.S.C. 1a(50) (United States of America), as amended from time to
time;
(
c) a security-based swap execution facility as defined in the 1934 Act;
(
d) a multilateral trading facility as defined in Directive 2014/65/EU
Article 4(1)(22) of the European Parliament, as amended from time to
time;
(
e) an organized trading facility as defined in Directive 2014/65/EU
Article
4(1)(23) of the European Parliament, as amended from time to time;
(
f) a person or company that performs a similar function to a person or
company described in any of paragraphs (
a) to (e), including, for
greater certainty, a person or company in a foreign jurisdiction;,
"notional amount threshold derivatives dealer" means a derivatives dealer to
which subsection 44(1) or 44(2) of National Instrument 93-101 Derivatives:
Business Conduct applies;,
"position level data" means the lifecycle event data, valuation data and
collateral and margin data, each reported on an aggregated basis;,
"qualified reporting counterparty" means a reporting counterparty that is any
of the following:
(
a) a derivatives dealer;
(
b) a reporting clearing agency;
(
c) an affiliated entity of a person or company referred to in paragraph (
a) or (b);,
"UTI" means unique transaction identifier;,
"validation procedure" means a written rule, policy or procedure reasonably
designed to ensure that the derivatives data reported under this Instrument
satisfies the data elements listed in Appendix A;,
(
b) by replacing the definition of "creation data" with
"creation data" means data in respect of the data elements listed in Appendix
A, other than under the headings "Data Elements Related to Collateral and
Margin" and "Data Elements Related to Valuation";,
(
c) by replacing the definition of "derivatives dealer" with
"derivatives dealer" means either of the following:
(
a) a person or company engaging in or holding themself out as engaging
in the business of trading in derivatives as principal or agent;
(
b) any other person or company required to be registered as a derivatives
dealer under securities legislation;,
(
d) in the definition of "interim period" by replacing "section 1.1" with
"subsection 1.1(1)",
(
e) in the definition of "Global LEI System" by adding "System" after
"Identifier",
(
f) in the definition of "life-cycle event" by removing the hyphen in "life-
cycle",
(
g) by replacing the definition of "life-cycle event data" with
"lifecycle event data" means changes to creation data resulting from a
lifecycle event and data in respect of the data elements listed in Appendix A
under the heading "Data Elements Related to Actions and Events";,
(
h) in the definition of "local counterparty" by replacing "the" before
"transaction" with "a", and in
section (
c) by adding a comma after
"paragraph (
a) applies", and
(
i) by replacing the definition of "valuation data" with
"valuation data" means data in respect of the data elements listed in
Appendix A under the headings "Data Elements Related to Valuation" and
"Data Elements Related to Actions and Events"..
4. Paragraph 1(5)(
a) is amended by deleting "British Columbia".
Section 1 is amended
(
a) by repealing and replacing paragraphs (3)(
c) and (3)(
d) with the
following:
(
c) all of the following apply:
(
i) the second party is a limited partnership;
(ii) the first party is a general partner of the limited partnership
referred to in subparagraph (i);
(iii) the first party has the power to direct the management and policies
of the second party by virtue of being a general partner of the
second party;
(
d) all of the following apply:
(
i) the second party is a trust;
(ii) the first party is a trustee of the trust referred to in subparagraph
(i);
(iii) the first party has the power to direct the management and policies
of the second party by virtue of being a trustee of the second
party., and
(
b) by adding the following subsections:
(6) Despite subsections (2) and (3), an investment fund is not an affiliated
entity of another person or company for the purposes of this Instrument.
(7) For the purpose of subsection (6), "investment fund" has the meaning
ascribed to it in National Instrument 81-106 Investment Fund
Continuous Disclosure..
6. Subsection 3(3) is repealed and replaced with the following:
(3) For a change to a matter set out in Form 96-101F1 other than a change
referred to in subsection (1) or (2), a recognized trade repository must file an
amendment to the information provided in Form 96-101F1 at least annually..
7. Subsection 7(1) is amended
(
a) by deleting "that are not contrary to the public interest" after "policies and
procedures",
(
b) by repealing and replacing paragraph (
b) with the following paragraph:
(
b) its rules, policies, procedures and contracts are consistent with
applicable laws, and that any material risk arising from a conflict
between the laws of the local jurisdiction and the laws of another
jurisdiction of Canada or a foreign jurisdiction that apply to a contract
with its users is reasonably mitigated,,
(
c) in paragraph (c), by adding "recognized" before "trade repository", and
(
d) in paragraph (d), by replacing "an" before "agreement that it enters into"
with "any", by replacing "who possesses" before "intellectual property"
with "possession of" and by adding a comma after "intellectual property
rights".
Section 8 is amended by adding the following subsection:
(0.1) A recognized trade repository must establish
(
a) an organizational structure identifying responsibilities and direct lines
of accountability, including, for greater certainty, roles and
responsibilities in relation to the identification, measurement,
monitoring and management of material risks;
(
b) a risk management framework that includes the tolerance levels for the
identified risks of the recognized trade repository;
(
c) a process for making decisions, including, for greater certainty, making
decisions relating to crises and emergencies;
(
d) rules of accountability in respect of decisions relating to risk..
9. Subsection 8(1) is amended
(
a) by deleting "set out a clear organizational structure with direct lines of
responsibility and" before "are reasonably designed", and
(
b) by adding the following paragraph: "(b.1) ensure that participants can
efficiently access its derivatives data reporting services;".
Section 9 is amended by adding the following subsection:
(4) A recognized trade repository must establish, implement and maintain
policies and procedures to review on a regular basis the overall performance
of the board of directors and the performance of each board member..
Section 12 is repealed and replaced with the following:
12. A recognized trade repository
(
a) must not impose any fees or other material charges on its participants
that are unfairly allocated among those participants,
(
b) must, at all times, disclose on its website fees and other material
charges imposed by it on its participants for each service it offers with
respect to the collection and maintenance of derivatives data, and
(
c) must review the fees and other material charges on a regular basis at
least once every 2 calendar years..
Section 14 is replaced with the following:
Receiving derivatives data
14. A recognized trade repository must not refuse to receive derivatives data
from a participant for all derivatives of an asset class set out in the
recognition order for the trade repository and in respect of all data elements
listed in Appendix A..
Section 15 is amended in the heading by deleting "policies," after
"communication".
Section 18 is amended
(
a) in subsection (1) by replacing "accurately, completely" with "without error
or omission", and
(
b) in subsection (2) by deleting "relating to a derivative required to be reported
under this Instrument" after "derivatives data".
Section 21 is amended
(
a) in the heading, by replacing "risk requirements" with "risks", and
(
b) in paragraph (3)(c), by adding "as soon as practicable" after "provide", by
adding "written" before "post-incident report", and replacing "as soon as
practicable" after "root-cause analysis" with "and any remedial action that
the recognized trade repository has taken or intends to take".
16. The Instrument is amended by adding the following sections:
Transactions executed anonymously on a facility for trading derivatives
22.1. A recognized trade repository must not disclose the identity or legal entity
identifier of a counterparty to another counterparty in respect of a
transaction involving a local counterparty that
(
a) is executed anonymously on a facility for trading derivatives, and
(
b) results in a derivative that is cleared through a reporting clearing
agency.
Validation of data
22.2.
(1) A recognized trade repository must establish, implement and maintain a
validation procedure.
(2) A recognized trade repository must, as soon as technologically practicable
after receiving the derivatives data, notify a reporting counterparty,
including, for greater certainty, an agent acting on its behalf, whether the
derivatives data satisfies its validation procedure.
(3) A recognized trade repository must accept derivatives data that satisfies its
validation procedure.
(4) A recognized trade repository must create and maintain records of all the
derivatives data reported that fails to satisfy its validation procedure.
(5) A recognized trade repository must, for all derivatives required to be
reported under the Instrument, including, for greater certainty, derivatives
that have expired or terminated, accept a correction from a participant to an
error or omission in derivatives data that the participant reported if the
corrected derivatives data satisfies the validation procedure..
17. The Instrument is amended by repealing and replacing
section 23 with the
following:
Verification of data
(1) For the purposes of this
section
(a) "verification participant" means a participant that is, or is acting on
behalf of, a reporting counterparty to a derivative, and that is subject to
verification requirements;
(b) "verification requirements" means the requirements set out under
paragraphs 26.1(
b) or 26.1(c).
(2) A recognized trade repository must establish, implement and maintain
written rules, policies and procedures under which a verification participant
is allowed and enabled to carry out its verification requirements..
18. Subsection 25(1) is amended in paragraph (c), by adding "before or" before "at
the time of the transaction,".
Section 26 is amended
(
a) in subsection (1), by replacing "to" before "a derivative" with "in respect
of",
(
b) in paragraphs (3) (b) (i), (ii) and (iii), by replacing "Trade Repositories
and Derivatives Data Reporting" with "Derivatives: Trade Reporting",
(
c) by repealing subsections (5), (6) and (7),
(
d) by repealing and replacing subsection (8) with the following:
(8) If a local counterparty, other than a reporting clearing agency, to a
derivative that is required to be reported under this Instrument, and that
is cleared through a reporting clearing agency, has specified a
recognized trade repository to which derivatives data in relation to the
derivative is to be reported, the reporting clearing agency
(
a) must report the derivatives data to the specified recognized trade
repository, and
(
b) must not report derivatives data to another trade repository without
the consent of the local counterparty., and
(
e) by adding the following subsection:
(9) A reporting counterparty must ensure that all reported derivatives data
relating to a derivative satisfies the validation procedure of the
recognized trade repository to which the derivative is reported..
20. The Instrument is amended by adding the following sections:
Verification of data
26.1. A reporting counterparty must
(
a) ensure that reported derivatives data does not contain an error or
omission,
(
b) verify, in the case of a reporting counterparty that is a notional amount
threshold derivatives dealer, that the reported derivatives data does not
contain an error or omission, at least once every calendar quarter,
provided that there are at least two calendar months between
verifications, and
(
c) verify, in the case of a reporting counterparty that is a reporting clearing
agency or a derivatives dealer that is not a notional amount threshold
derivatives dealer, that the reported derivatives data does not contain an
error or omission, at least every 30 days.
Derivatives reported in error
26.2. A reporting counterparty that reports a derivative in error must report the
error to the recognized trade repository or, if the derivatives data was
reported under subsection 26(2), to the regulator or securities regulatory
authority, as soon as practicable after discovery of the error and, in any
event, no later than the end of the business day following the day of
discovery of the error.
Notification of errors and omissions with respect to derivatives data
26.3.
(1) A local counterparty, other than the reporting counterparty, must notify
the reporting counterparty of an error or omission with respect to derivatives
data relating to a derivative to which it is a counterparty as soon as
practicable after discovery of the error or omission and, in any event, no
later than the end of the business day following the day of discovery of the
error or omission.
(2) A reporting counterparty must notify the regulator or securities regulatory
authority of a significant error or omission with respect to derivatives data as
soon as practicable after discovery of the error or omission..
Transferring a derivative to a different recognized trade repository
26.4.
(1) A reporting counterparty must not change the recognized trade
repository to which derivatives data relating to a derivative is reported,
unless the reporting counterparty complies with subsections (2) and (3).
(2) At least 5 business days before a change referred to in subsection (1) is
made by a reporting counterparty, the reporting counterparty must provide
notice of the change to the following:
(
a) the other counterparty to the derivative;
(
b) the recognized trade repository to which the derivatives data is reported
before the change;
(
c) the recognized trade repository to which the derivatives data is reported
after the change.
(3) The reporting counterparty must include in the notice referred to in
subsection (2) the UTI of the derivative and the date on which the reporting
counterparty will begin reporting the derivatives data to the recognized trade
repository referred to in paragraph (2)(c).
(4) After providing the notice referred to in subsection (2), the reporting
counterparty must report the change of recognized trade repository as if it
were a lifecycle event under
section 32, to the recognized trade repository
referred to in paragraph (2)(
b) and the recognized trade repository referred
to in paragraph (2)(
c) on the same day, and must use the same UTI to
identify the derivative in the report to each recognized trade repository.
(5) After changing the recognized trade repository, the reporting counterparty
must report all derivatives data relating to the derivative to the trade
repository referred to in paragraph (2)(
c) unless the reporting counterparty
subsequently changes the recognized trade repository under this section..
21. Subsection 27(2) is amended by deleting the hyphen in "life-cycle" and
replacing "unique transaction identifier" with "UTI".
Section 28 is amended
(
a) by repealing and replacing subsection (1) with the following:
(1) In all recordkeeping and reporting that is required under this
Instrument, a recognized trade repository and a reporting counterparty
must identify each counterparty to a derivative by means of a single
legal entity identifier that is a unique identification code assigned to the
counterparty in accordance with the standards set by the Global LEI
System.,
(
b) in subsection (3), by replacing "If" with "Despite subsection (1), if",
adding "and the recognized trade repository" before "must identify" and
adding "unique" after "single", and
(
c) by repealing subsection (4).
Section 29 is repealed and replaced with the following:
Unique transaction identifiers
(1) In all recordkeeping and reporting that is required under this Instrument, a
recognized trade repository and a reporting counterparty must identify each
derivative, and each position under
section 33.1, by means of a single UTI.
(2) For each derivative that is required to be reported under this Instrument, the
following person or company must assign a single UTI to the derivative:
(
a) if the derivative is also required to be reported under the securities
legislation of a jurisdiction of Canada, other than the local jurisdiction,
or under the laws of a foreign jurisdiction under which a derivative
must be reported before being reported under this Instrument, the
person or company required to assign the UTI under the securities
legislation of that jurisdiction, or under the laws of that foreign
jurisdiction;
(
b) if paragraph (
a) does not apply to the derivative and the derivative is
cleared through a reporting clearing agency, the reporting clearing
agency;
(
c) if paragraphs (
a) and (
b) do not apply to the derivative and the
transaction relating to the derivative is executed on a facility for trading
derivatives that has assigned a UTI to the derivative, the facility for
trading derivatives;
(
d) if paragraphs (
a) to (
c) do not apply to the derivative, the reporting
counterparty, or, if there are two reporting counterparties, the reporting
counterparty with the first legal entity identifier determined by sorting
the legal entity identifiers alphanumerically with the characters of the
legal entity identifiers reversed.
(3) Despite paragraph (2)(d), if paragraphs (2)(
a) to (
c) do not apply to the
derivative and the counterparties to the derivative have agreed in writing that
one of them will be the person or company responsible for assigning the UTI
to the derivative, the counterparty that is responsible for the assignment
under that agreement must assign the UTI.
(4) Despite subsection (2), a person or company that is required to assign a UTI
under subsection (2) may request that a recognized trade repository assign
the UTI if the person or company is either of the following:
(
a) a notional amount threshold derivatives dealer;
(
b) not a reporting clearing agency, facility for trading derivatives, or
derivatives dealer.
(5) If a person or company makes a request under subsection (4), the recognized
trade repository must assign a UTI as soon as technologically practicable
following receipt of the request.
(6) The person or company referred to in subsection (2) must assign a UTI as
soon as practicable after execution of the transaction relating to the
derivative, and in any event not later than the time that the derivative is
required to be reported to a recognized trade repository under this
Instrument.
(7) If a facility for trading derivatives is required to assign a UTI under
subsection (2), the facility for trading derivatives must provide the UTI as
soon as technologically practicable to the following:
(
a) each counterparty to the derivative;
(
b) if the derivative is submitted for clearing, the reporting clearing agency
to which the derivative is submitted for clearing.
(8) Subject to subsection (4), if one of the counterparties to an uncleared
derivative is required to assign a UTI under subsections (2) or (3), the
counterparty must provide the UTI as soon as practicable to the following:
(
a) the other counterparty to the derivative;
(
b) if the derivative is submitted for clearing, the reporting clearing agency
to which the derivative is submitted for clearing.
(9) If a recognized trade repository assigns a UTI under subsection (4), it must
provide the UTI as soon as technologically practicable to the following:
(
a) each counterparty to the derivative;
(
b) if the derivative is submitted for clearing, the reporting clearing agency
to which the derivative is submitted for clearing..
Section 30 is amended by
(
a) repealing and replacing subsections (1) and (2) with the following:
(1) In this section, "unique product identifier" means a code that
uniquely identifies a type of derivative and is assigned by the
Derivatives Service Bureau.
(2) In all recordkeeping and reporting that is required under this
Instrument, a recognized trade repository and a reporting counterparty
must identify each type of derivative by means of a single unique
product identifier., and
(
b) repealing subsections (3) and (4).
Section 31 is amended
(
a) in subsection (1), by adding "qualified" before "reporting counterparty",
(
b) in subsection (2), by adding "qualified" before "reporting counterparty",
and
(
c) by adding the following subsection:
(3) A reporting counterparty that is not a qualified reporting counterparty in
respect of a derivative must report creation data no later than the end of
the second business day following the execution date of the
transaction..
Section 32 is amended
(
a) in the heading, by replacing "Life-cycle" with "Lifecycle",
(
b) in subsection (1), by replacing "life-cycle" with "lifecycle" wherever it
occurs, and adding "qualified" before "reporting counterparty",
(
c) in subsection (2), by replacing "life-cycle" with "lifecycle" wherever it
occurs, adding "qualified" before "reporting counterparty", and adding
"all" before "lifecycle data no later than", and
(
d) by adding the following subsections:
(3) A reporting counterparty that is not a qualified reporting counterparty in
respect of a derivative must report all lifecycle event data no later than
the end of the second business day following the day on which the
lifecycle event occurs.
(4) Despite subsections (1) to (3), the reporting clearing agency through
which a derivative is cleared must report the termination of the original
derivative to the recognized trade repository to which the derivatives
data in respect of that original derivative was reported by the end of the
business day following the day on which the original derivative is
terminated..
Section 33 is repealed and replaced with the following:
Valuation data and collateral and margin data
(1) With respect to a derivative that is required to be reported under this
Instrument, a reporting counterparty that is a derivatives dealer or a
reporting clearing agency must report to a recognized trade repository each
business day
(
a) valuation data, and
(
b) collateral and margin data.
(2) If position level data in respect of derivatives has been reported under
section 33.1, the reporting counterparty must calculate and report on the net
amount of all purchases and sales reported as position level data for the
derivatives..
28. The Instrument is amended by adding the following section:
Position level data
33.1.
(1) For the purpose of
section 32, a reporting counterparty may report
lifecycle event data as position level data if each derivative, for which the
lifecycle event data is aggregated,
(
a) is in a class of derivatives in which each derivative is fungible with all
other derivatives in the class, and
(
b) has no fixed expiration date or is a commodity derivative.
(2) For the purpose of subsection 33(1), a reporting counterparty that is a
derivatives dealer or a reporting clearing agency may report valuation data
and collateral and margin data as position level data if each derivative, for
which the valuation data and collateral and margin data is aggregated,
(
a) is in a class of derivatives in which each derivative is fungible with all
other derivatives in the class, and
(
b) has no fixed expiration date or is a commodity derivative..
Section 35 is amended by replacing "34" with "33".
30. The Instrument is amended by adding the following section:
Facility for trading derivatives
36.1.
(1) In this section, "anonymous derivative" means a derivative for which the
transaction is executed anonymously on a facility for trading derivatives and
that, at the time the transaction is executed, is intended to be cleared.
(2) Section 25 does not apply with respect to an anonymous derivative.
(3) Despite subsection (2), with respect to an anonymous derivative:
(
a) a reference to "reporting counterparty" in the following provisions must
be read as a reference to "facility for trading derivatives": subsections
22.2(2), 26(1), 26(2), 26(4), 26(9), paragraph 26.1(a),
section 26.2,
subsections 26.3(1), 26.3(2) and 26.4(1),
section 27, subsections 28(1),
28(3), 29(1), 30(2), and 31(1), sections 35 and 36, subsection 37(3), and
sections 41 and 42;
(
b) a reference to "qualified reporting counterparty" in
section 31 must be
read as a reference to "facility for trading derivatives".
(4) Despite subsection (2), with respect to an anonymous derivative, a facility
for trading derivatives
(
a) may report the legal entity identifier of an agent of a counterparty in
respect of Data Element Number 1 "Counterparty 1 (reporting
counterparty)" and Data Element Number 2 "Counterparty 2" (non-
reporting counterparty) identified in Appendix A if a transaction
relating to the derivative is executed before the derivative is allocated
among the counterparties on whose behalf the agent is acting;
(
b) is not required to report the following data elements identified in
Appendix A:
(
i) Data Element Number 20 "Inter-affiliate indicator";
(ii) Data Element Number 24 "Master agreement type";
(iii) Data Element Number 25 "Master agreement version";
(iv) Data Element Number 77 "Clearing exceptions and exemptions -
Counterparty 1";
(
v) Data Element Number 78 "Clearing exceptions and exemptions -
Counterparty 2";
(vi) Data Element Number 96 "Level";
(vii) Data Element Number 121 "Crypto asset underlying indicator".
(5) Despite subsection (2), with respect to an anonymous derivative, if a facility
for trading derivatives makes diligent efforts on a reasonably frequent basis
to determine whether a participant of the facility, or its customer, is a local
counterparty under paragraph (
c) of the definition of "local counterparty" in
any jurisdiction of Canada, but the facility has not yet made that
determination, the participant, or its customer, is not a local counterparty
under that paragraph for the purpose of reporting by the facility under this
Instrument until the earlier of
(
a) the date the facility determines that the participant, or its customer, is a
local counterparty under that paragraph, and
(
b) July 31, 2029..
Section 38 is amended
(
a) in the heading, by replacing "counterparties" with "participants",
(
b) by repealing and replacing subsections (1) and (2) with the following:
(1) Subject to
section 22.1, a recognized trade repository must provide a
participant that is, or is acting on behalf of, a counterparty to a
derivative with timely access to all derivatives data relating to the
derivative that is submitted to the recognized trade repository.
(2) A recognized trade repository must have appropriate authorization
procedures in place to enable access under subsection (1) by a
participant that is a non-reporting counterparty or acting on behalf of a
non-reporting counterparty., and
(
c) in subsection (3), by replacing "Each" with "Subject to
section 22.1, each"
before "counterparty to a derivative".
Section 39 is amended
(
a) by repealing and replacing subsection (1) with the following:
(1) A recognized trade repository must, on a reasonably frequent basis,
create aggregate data on open positions, volume and number, relating to
the derivatives reported to it under this Instrument.,
(
b) in subsection (2), by replacing "made available" with "referred to" after
"The data", deleting "geographic location of reference entity or asset," after
"denomination", and replacing "maturity" with "expiration" after
"contract type,",
(
c) by repealing and replacing subsection (3) with the following:
(3) For each derivative reported under this Instrument, a recognized trade
repository must make transaction level reports available to the public in
accordance with the requirements of Appendix C, for at least one year
after each report is first made available., and
(
d) in subsection (5), by adding "and reports" after "data" and adding "and, in
the case of the transaction level reports in subsection (3), for at least one
year after each report is first made available" after "at no cost".
Section 40 is repealed and replaced with the following:
Commodity derivative
(1) Despite
Part 3, and subject to subsection 25(4) and subsection (2) of this
section, a local counterparty is not required to report derivatives data
relating to a commodity derivative, if
(
a) the local counterparty is not a qualified reporting counterparty, and
(
b) the aggregate month-end gross notional amount under all outstanding
commodity derivatives of the local counterparty and of each affiliated
entity of the local counterparty that is a local counterparty in a
jurisdiction of Canada, other than under paragraph (
b) of the definition
of "local counterparty", excluding derivatives with an affiliated entity,
did not, in any calendar month in the preceding 12 calendar months,
exceed $250 000 000.
(2) If a local counterparty ceases to satisfy a criterion under paragraph (1)(
a) or
(b), the local counterparty must, 180 days after the date that the criterion
ceased to be satisfied, begin to report derivatives data unless, during that
180-day period, the local counterparty again satisfies the criterion..
Section 41 is amended by adding "reporting" before "counterparty".
Section 41.1 is repealed and replaced with the following:
Derivative between affiliated entities
41.1. Despite
Part 3, a reporting counterparty is not required to report derivatives
data relating to a derivative if, at the time the transaction is executed,
(
a) the counterparties to the derivative are affiliated entities, and
(
b) neither counterparty is a qualified reporting counterparty..
Section 42 is amended
(
a) by renumbering it as subsection 42(1) and adding "reporting" after
"Despite
Part 3, a", and
(
b) by adding the following subsection:
(2) Subsection (1) does not apply if the derivative involves a counterparty
that is an individual who is a resident of the local jurisdiction..
Section 42.1 is repealed.
38. Appendix A is replaced with the following:
APPENDIX A
MULTILATERAL INSTRUMENT 96-101
DERIVATIVES: TRADE REPORTING
Minimum Data Elements Required to be Reported to a Recognized Trade
Repository
Under
Part 3 of this Instrument, the reporting counterparty is required to provide a
response for each data element unless the element is not applicable to the derivative.
Appendix A contains each data element, its description, and whether the element must
be made available to the public under each of
Part 4 and Appendix C of the
Instrument.
For the purpose of this Appendix A, "trading facility" must be read as a reference to
"facility for trading derivatives" and "derivatives data reporting rules of any
jurisdiction of Canada" means Manitoba Securities Commission Rule 91-507
Derivatives: Trade Reporting, Ontario Securities Commission Rule 91-507
Derivatives: Trade Reporting, Regulation 91-507 respecting Trade Repositories and
Derivatives Data Reporting (Qu‚bec) or Multilateral Instrument 96-101 Derivatives:
Trade Reporting.
The CSA Derivatives Data Technical Manual, which is Appendix A of the Companion
Policy, provides detailed technical specifications in connection with the data elements
that are required to be reported under this Instrument. This text box does not form
part of this Instrument and has no official status.
Data
Element
Number
Data Element Name
Data Element Description
Made
Available to
the Public
Data Elements Related to Counterparties
Counterparty 1
(reporting
counterparty)
Identifier of the reporting
counterparty.
Counterparty 2 (non-
reporting
counterparty)
Identifier of the non-reporting
counterparty.
Counterparty 2
identifier source
Type of Counterparty 2 identifier.
Buyer identifier
Identifier of the counterparty that
is the buyer.
Seller identifier
Identifier of the counterparty that
is the seller.
Payer identifier
Identifier of the counterparty of
the payer leg.
Receiver identifier
Identifier of the counterparty of
the receiver leg.
Broker identifier
Identifier of a broker that acts as
an intermediary for Counterparty
1 without becoming a
counterparty.
Country and
Province or Territory
of Individual
(non-reporting
counterparty)
If an individual is a non-reporting
counterparty, the individual's
country of residence and, if the
individual's residence is in
Canada, the province or territory.
Jurisdiction of
Counterparty 1
Each jurisdiction in which
Counterparty 1 is:
* a local counterparty under
paragraph (
a) or (
c) of the
definition of local counterparty
in the derivatives data reporting
rules of any jurisdiction of
Canada,
* a local counterparty under
paragraph (
b) of the definition
of local counterparty in the
derivatives data reporting rules
of any jurisdiction of Canada, if
the non-reporting counterparty
is an individual who is a
resident of the jurisdiction,
and/or
* a local counterparty under
paragraph (
b) of the definition
of local counterparty in
Regulation 91-507 respecting
Trade Repositories and
Derivatives Data Reporting
(Qu‚bec) and is a qualified
person under
section 82 of the
Derivatives Act (Qu‚bec).
Jurisdiction of
Counterparty 2
Each jurisdiction in which
Counterparty 2 is:
* a local counterparty under
paragraph (
a) or (
c) of the
definition of local counterparty
in the derivatives data reporting
rules of any jurisdiction of
Canada, and/or
* a local counterparty under
paragraph (
b) of the definition
of local counterparty in
Regulation 91-507 respecting
Trade Repositories and
Derivatives Data Reporting
(Qu‚bec) and is a qualified
person under
section 82 of the
Derivatives Act (Qu‚bec).
Data Elements Related to Derivatives
Effective date
Unadjusted date at which
obligations under the derivative
come into effect, as provided in
the confirmation.
Expiration date
Unadjusted date at which
obligations under the derivative
cease to be effective, as provided
in the confirmation.
Execution timestamp
Date and time of execution of a
transaction.
Reporting timestamp
Date and time of submission of
the report to the trade repository.
Unique transaction
identifier (UTI)
Unique identifier that identifies a
derivative or position throughout
its lifecycle.
Prior UTI (for one-
to-one and one-to-
many relations
between
transactions)
UTI assigned to a derivative
before the occurrence of a
lifecycle event that resulted in the
current derivative.
Subsequent position
UTI
UTI of the position in which a
derivative is included.
Prior USI (for one-
to-one and one-to-
many relations
between
transactions)
Unique swap identifier (USI)
assigned to a derivative before the
occurrence of a lifecycle event
that resulted in the current
derivative.
Inter-affiliate
indicator
Indicator of whether the
derivative is between two
affiliated entities.
Submitter identifier
Identifier of the entity submitting
derivatives data to the trade
repository.
Platform identifier
Identifier of the trading facility on
which the transaction was
executed.
Platform anonymous
execution indicator
Indicator of whether the
transaction was executed
anonymously on a trading
facility.
Master agreement
type
Type of master agreement.
Master agreement
version
Year of the master agreement
version.
Data Elements Related to Notional Amounts and Quantities
Notional amount
Notional amount for each leg of a
derivative:
if the derivative is negotiated in
a monetary amount, the amount
specified in the derivative.
if the derivative is negotiated in
a non-monetary amount,
convert to a monetary amount.
See Appendix 3.1 of the CSA
Derivatives Data Technical
Manual for converting a
notional amount negotiated in
a non-monetary amount. This
text box does not form part of
this Instrument and has no
official status.
Notional currency
For each leg of a derivative, the
currency of the notional amount.
Call amount
Monetary amount that a person or
company has the right to buy
under an option.
Call currency
Currency of the call amount of an
option.
Put amount
Monetary amount that a person or
company has the right to sell
under an option.
Put currency
Currency of the put amount of an
option.
Notional quantity
For each leg of a derivative
negotiated in a non-monetary
amount, the fixed notional
quantity for each
schedule period.
Quantity frequency
Period for which the quantity is
quoted.
Quantity frequency
multiplier
Number of periods of the quantity
frequency.
Quantity unit of
measure
For each leg of a derivative, the
unit of measure of the total
notional quantity and notional
quantity.
Total notional
quantity
For each leg of a derivative, the
aggregate notional quantity of the
underlying interest for the term of
the derivative.
Notional quantity
schedule -
Unadjusted date on
which the associated
notional quantity
becomes effective
For each notional quantity set out
in a schedule, the date
(unadjusted for business day
convention) on which the notional
quantity becomes effective.
Notional quantity
schedule -
Unadjusted end date
of the notional
quantity
For each notional quantity set out
in a schedule, the end date
(unadjusted for business day
convention) of the notional
quantity.
Notional quantity
schedule - notional
quantity in effect on
associated effective
date
Each notional quantity, as set out
in a schedule, in effect from the
date referred to in Data Element
Number 37 to the date referred to
in Data Element Number 38.
Notional amount
schedule - notional
amount in effect on
associated effective
date
Each notional amount, as set out
in a schedule, in effect from the
date referred to in Data Element
Number 41 to the date referred to
in Data Element Number 42.
Notional amount
schedule -
unadjusted effective
date of the notional
amount
For each notional amount set out
in a schedule, the date
(unadjusted for business day
convention) on which the notional
amount becomes effective.
Notional amount
schedule -
unadjusted end date
of the notional
amount
For each notional amount set out
in a schedule, the end date
(unadjusted for business day
convention) of the notional
amount.
Data Elements Related to Prices
Exchange rate
Exchange rate between 2 different
currencies specified in the
derivative.
Exchange rate basis
Currency pair and order in which
the exchange rate is denominated.
Fixed rate
For each leg of a derivative with
periodic payments, the annual
rate of the fixed leg.
Price
Price specified in the derivative.
Price currency
Currency in which the price is
denominated.
Price notation
Manner in which the price is
expressed.
Price unit of measure
Unit of measure in which the
price is expressed.
Price
schedule -
unadjusted
effective date of the
price
For each price set out in a
schedule,
the date (unadjusted for business
day convention) on which the
price becomes effective.
Price
schedule -
unadjusted end
date of the price
For each price set out in a
schedule, the end date
(unadjusted for business day
convention) of the price.
Price
schedule -
price
Each price, as set out in a
schedule, in effect from the date
referred to in Data Element
Number 50 to the date referred to
in Data Element Number 51.
Spread
For each leg of a derivative, the
specified spread on the reference
price.
Spread currency
For each leg of a derivative, the
currency in which a spread is
denominated.
Spread notation
For each leg of a derivative, the
manner in which a spread is
expressed.
Strike price
For a derivative that is an option,
the price at which the owner of
the option can buy or sell the
underlying interest of the option.
Strike price
currency/currency
pair
Currency, or the currency pair
and order, in which the strike
price is denominated.
Strike price notation
Manner in which the strike price
is expressed.
Unadjusted effective
date of the price
Effective date (unadjusted for
business day convention) of the
price.
Unadjusted end date
of the price
End date (unadjusted for business
day convention) of the price.
Price in effect
between the
unadjusted effective
and end dates
Price in effect from the date
referred to in Data Element
Number 59 to the date referred to
in Data Element Number 60.
Effective date of the
strike price
Effective date (unadjusted for
business day convention) of the
strike price.
End date of the strike
price
End date (unadjusted for business
day convention) of the strike
price.
Strike price in effect
on associated
effective date
Strike price in effect from the
date referred to in Data Element
Number 62 to the date referred to
in Data Element Number 63.
Strike price
schedule
- Unadjusted
effective date of the
strike price
For each strike price set out in a
schedule, the date (unadjusted for
business day convention) on
which the strike price becomes
effective.
Strike price
schedule
- Unadjusted
end date of the strike
price
For each strike price set out in a
schedule, the end date
(unadjusted for business day
convention) of the strike price.
Strike price
schedule
- strike price
Each strike price, as set out in a
schedule, in effect from the date
referred to in Data Element
Number 65 to the date referred to
in Data Element Number 66.
Non-standardized
term indicator
Indicator of whether a derivative
has one or more additional
provisions that materially affect
the price of the derivative and that
have not been disclosed to the
public.
Day count
convention
For each leg of a derivative, the
day count convention used to
determine how interest payments
are calculated.
Floating rate reset
frequency period
For each floating leg of a
derivative, the period of the
frequency of resets.
Floating rate reset
frequency period
multiplier
For each floating leg of a
derivative, the number by which
the floating rate reset frequency
period is multiplied to determine
the frequency of periodic
payment dates in respect of a
reset.
Data Elements Related to Clearing
Cleared
Indicator of whether a derivative
has been cleared, or is intended to
be cleared, by a clearing agency.
Central counterparty
identifier
Identifier of the clearing agency
that cleared the derivative.
Clearing account
origin
Indicator of whether the clearing
member acts as principal or agent.
Clearing member
identifier
Identifier of the clearing member
through which a derivative is
cleared by a clearing agency.
Clearing receipt
timestamp
Date and time, expressed using
Coordinated Universal Time, that
the original derivative was
recorded as being received by the
clearing agency for clearing.
Clearing exceptions
and exemptions -
Counterparty 1
Type of exemption from or
exception to a mandatory clearing
requirement applicable to
Counterparty 1.
Clearing exceptions
and exemptions -
Counterparty 2
Type of exemption from or
exception to a mandatory clearing
requirement applicable to
Counterparty 2.
Data Elements Related to Collateral and Margin
Collateralisation
category
Indicator of whether there is an
agreement in respect of collateral
between the counterparties and
the nature of the collateralisation.
Portfolio containing
non-reportable
component indicator
If collateral is reported on a
portfolio basis, indicator of
whether the portfolio includes
derivatives exempted or excepted
from reporting.
Initial margin posted
by the reporting
counterparty (pre-
haircut)
Monetary value of the initial
margin posted by the reporting
counterparty before a haircut is
applied.
Initial margin posted
by the reporting
counterparty (post-
haircut)
Monetary value of the initial
margin posted by the reporting
counterparty after a haircut is
applied.
Currency of initial
margin posted
Currency in which the initial
margin posted is denominated.
Initial margin
collected by the
reporting
counterparty (pre-
haircut)
Monetary value of the initial
margin collected by the reporting
counterparty before a haircut is
applied.
Initial margin
collected by the
reporting
counterparty (post-
haircut)
Monetary value of the initial
margin collected by the reporting
counterparty after a haircut is
applied.
Currency of initial
margin collected
Currency in which the initial
margin collected is denominated.
Variation margin
posted by the
reporting
counterparty (pre-
haircut)
Monetary value of the variation
margin posted by the reporting
counterparty before a haircut is
applied.
Variation margin
posted by the
reporting
counterparty (post-
haircut)
Monetary value of the variation
margin posted by the reporting
counterparty after a haircut is
applied.
Currency of variation
margin posted
Currency in which the variation
margin posted is denominated.
Variation margin
collected by the
reporting
counterparty (pre-
haircut)
Monetary value of the variation
margin collected by the reporting
counterparty before a haircut is
applied.
Variation margin
collected by the
reporting
counterparty (post-
haircut)
Monetary value of the variation
margin collected by the reporting
counterparty after a haircut is
applied.
Currency of variation
margin collected
Currency in which the variation
margin collected is denominated.
Variation margin
collateral portfolio
code
If collateral is reported on a
portfolio basis, a unique code
assigned by the reporting
counterparty that identifies the
variation margin related to the
open transactions that are
included in the portfolio.
Initial margin
collateral portfolio
code
If collateral is reported on a
portfolio basis, a unique code
assigned by the reporting
counterparty that identifies the
initial margin related to the open
transactions that are included in
the portfolio.
Data Elements Related to Actions and Events
Event timestamp
Date and time of occurrence of an
event relating to a derivative.
Level
Indicator of whether the report is
in respect of a derivative or a
position.
Event identifier
Unique identifier that links
derivatives relating to an event.
Action type
Indicator of the type of action or
reporting relating to the derivative
or position.
Event type
Indicator of the type of lifecycle
event or reason for the action
referred to in Data Element
Number 98.
Amendment
indicator
Indicator of whether an
amendment to the derivative
relates to an event.
Data Elements Related to Valuation
Valuation amount
Value of the derivative.
Valuation currency
Currency in which the valuation
amount is denominated.
Valuation method
Source and method used to value
the derivative.
Valuation timestamp
Date and time that the value of
the derivative referred to in Data
Element Number 101 was
determined.
Next floating
reference reset date
Next date on which the floating
reference will reset.
Last floating
reference value
Value of the floating reference on
the date referred to in Data
Element Number 107.
Last floating
reference reset date
Most recent date of the floating
reference reset.
Delta
Ratio of the change in the price of
the derivative to the change in the
price of the underlying interest of
the derivative.
Data Elements Related to Packages
Package indicator
Indicator of whether the
derivative is a component of a
package if:
(a) 2 or more derivatives that are
reported separately by the
reporting counterparty are
entered into under a single
agreement, or
(b) 2 or more reports relate to the
same derivative and the
derivative cannot be reported
using a single report as a
result of the reporting
requirements of one or more
jurisdictions of Canada or one
or more foreign jurisdictions.
Package identifier
Identifier of the package referred
to in Data Element Number 109.
Package transaction
price
Price of the package referred to in
Data Element Number 109.
Package transaction
price currency
Currency in which the package
transaction price is denominated.
Package transaction
spread
Price of the package referred to in
Data Element Number 109,
expressed as a spread.
Package transaction
spread currency
Currency in which the package
transaction spread is
denominated.
Package transaction
spread notation
Manner in which the package
transaction spread is expressed.
Package transaction
price notation
Manner in which the package
transaction price is expressed.
Data Elements Related to Product
Unique product
identifier
Identifier of a unique code
assigned by the Derivatives
Service Bureau for a type of
derivative.
CDS index
attachment point
Point at which the level of losses
in the underlying portfolio of a
credit default swap reduces the
notional of a tranche.
CDS index
detachment point
Point beyond which losses in the
underlying portfolio of a credit
default swap no longer reduce the
notional of a tranche.
Index factor
Factor of the index version, or the
percentage, used to determine the
notional amount of a credit
default swap.
Crypto asset
underlying indicator
Indicator of whether the
underlying interest of the
derivative is a crypto asset.
Custom basket code
Unique identifier for a custom
basket of reference assets.
Custom basket
indicator
Indicator of whether the
derivative has a custom basket as
its underlying interest.
Basket constituent
identifier
Identifier of a reference asset in
the custom basket.
Basket constituent
identifier source
Source of the basket constituent
identifier referred to in Data
Element Number 124.
Basket constituent
number of units
Number of units of each reference
asset in the custom basket.
Basket constituent
unit of measure
Unit of measure in which the
number of units referred to in
Data Element Number 126 is
expressed.
Underlier ID (Other)
Identifier of each underlying
interest of the derivative.
Underlier ID (Other)
source
Source of the Underlier ID
(Other) referred to in Data
Element Number128.
Underlying asset
trading platform
identifier
Identifier of the platform on
which the underlying interest
referred to in Data Element
Number 128 is traded.
Underlying asset
price source
Source of the price used to
determine the value or level of the
underlying interest referred to in
Data Element Number 128.
Embedded option
type
Type of optional provision in a
derivative.
Data Elements Related to Payments and Settlement
Final contractual
settlement date
Date in the agreement by which
all obligations under the
derivative are to be satisfied.
Settlement location
Place of settlement of the
derivative.
Settlement currency
For each leg of the derivative, the
currency in which the cash
settlement is denominated.
Other payment
amount
Amount of each payment under
the derivative except an option
premium amount under Data
Element Number 144.
Other payment
currency
Currency in which the other
payment amount referred to in
Data Element Number 136 is
denominated.
Other payment date
Date on which the other payment
amount referred to in Data
Element Number 136 is to be
paid.
Other payment payer
Identifier of the payer of the other
payment amount referred to in
Data Element Number 136.
Other payment
receiver
Identifier of the receiver of the
other payment amount referred to
in Data Element Number 136.
Other payment type
Reason for the payment referred
to in Data Element Number 136.
Payment frequency
period
For each leg of a derivative, the
unit of time of the frequency of
payments.
Payment frequency
period multiplier
For each leg of a derivative, the
number by which the payment
frequency period is multiplied to
determine the frequency of
periodic payment dates.
Option premium
amount
Premium paid by a buyer of an
option or swaption.
Option premium
currency
Currency in which the premium
referred to in Data Element
Number 144 is denominated.
Option premium
payment date
Date on which the premium
referred to in Data Element
Number 144 is paid.
First exercise date
First date on which an option can
be exercised.
Fixing date
For each leg of a derivative, the
date on which the reference rate is
determined.
39. Appendix B is replaced with the following:
APPENDIX B
MULTILATERAL INSTRUMENT 96-101
DERIVATIVES: TRADE REPORTING
Equivalent Trade Reporting Laws of Foreign Jurisdictions Subject to Deemed
Compliance Under Subparagraph 26(3)(b)(
v) of the Instrument
The regulators and securities regulatory authorities have determined that the laws and
regulations opposite the following jurisdictions are trade reporting laws for the
purposes of subparagraph 26(3)(b)(v).
Jurisdiction
Law, Regulation and/or Instrument
European Union
Regulation (EU) 648/2012 of the European Parliament and
Council of 4 July 2012 on OTC derivatives, central
counterparties and trade repositories
Commission Delegated Regulation (EU) 2017/979 of 2 March
2017 amending Regulation (EU) No 648/2012 of the European
Parliament and of the Council on OTC derivatives, central
counterparties and trade repositories with regard to the list of
exempted entities
Commission Delegated Regulation (EU) 2019/460 of 30
January 2019 amending Regulation (EU) No 648/2012 of the
European Parliament and of the Council with regard to the list
of exempted entities
Regulation (EU) 2019/834 of the European Parliament and of
the Council of 20 May 2019 amending Regulation (EU) No
648/2012 as regards the clearing obligation, the suspension of
the clearing obligation, the reporting requirements, the risk-
mitigation techniques for OTC derivative contracts not cleared
by a central counterparty, the registration and supervision of
trade repositories and the requirements for trade repositories
Commission Delegated Regulation (EU) No 148/2013 of 19
December 2012 supplementing Regulation (EU) No 648/2012
of the European Parliament and of the Council on OTC
derivatives, central counterparties and trade repositories with
regard to regulatory technical standards on the minimum details
of the data to be reported to trade repositories
Commission Delegated Regulation (EU) 2017/104 of 19
October 2016 amending Delegated Regulation (EU) No
148/2013 supplementing Regulation (EU) No 648/2012 of the
European Parliament and of the Council on OTC derivatives,
central counterparties and trade repositories with regard to
regulatory technical standards on the minimum details of the
data to be reported to trade repositories
Commission Delegated Regulation (EU) No 151/2013 of 19
December 2012 supplementing Regulation (EU) No 648/2012
of the European Parliament and of the Council on OTC
derivatives, central counterparties and trade repositories, with
regard to regulatory technical standards specifying the data to
be published and made available by trade repositories and
operational standards for aggregating, comparing and accessing
the data
Commission Delegated Regulation (EU) 2017/1800 of 29 June
2017 amending Delegated Regulation (EU) No 151/2013
supplementing Regulation (EU) No 648/2012 of the European
Parliament and of the Council
Commission Delegated Regulation (EU) 2019/361 of 13
December 2018 amending Delegated Regulation (EU) No
151/2013 with regard to access to the data held in trade
repositories
Commission Implementing Regulation (EU) No 1247/2012 of
19 December 2012 laying down implementing technical
standards with regard to the format and frequency of trade
reports to trade repositories according to Regulation (EU) No
648/2012 of the European Parliament and of the Council on
OTC derivatives, central counterparties and trade repositories
Commission Implementing Regulation (EU) 2017/105 of 19
October 2016 amending Implementing Regulation (EU) No
1247/2012 laying down implementing technical standards with
regard to the format and frequency of trade reports to trade
repositories according to Regulation (EU) No 648/2012 of the
European Parliament and of the Council on OTC derivatives,
central counterparties and trade repositories
Commission Implementing Regulation (EU) 2019/363 of 13
December 2018 laying down implementing technical standards
with regard to the format and frequency of reports on the details
of securities financing transactions (SFTs) to trade repositories
in accordance with Regulation (EU) 2015/2365 of the European
Parliament and of the Council and amending Commission
Implementing Regulation (EU) No 1247/2012 with regard to the
use of reporting codes in the reporting of derivative contracts
United Kingdom of
Great Britain and
Northern Ireland
The Over the Counter Derivatives, Central Counterparties and
Trade Repositories (Amendment, etc., and Transitional
Provision) (EU Exit) Regulations 2019
The Over the Counter Derivatives, Central Counterparties and
Trade Repositories (Amendment, etc., and Transitional
Provision) (EU Exit) (No. 2) Regulations 2019
The Over the Counter Derivatives, Central Counterparties and
Trade Repositories (Amendment, etc., and Transitional
Provision) (EU Exit) Regulations 2020
The Trade Repositories (Amendment and Transitional
Provision) (EU Exit) Regulations 2018
The Technical Standards (European Market Infrastructure
Regulation) (EU Exit) (No 1) Instrument 2019
The Technical Standards (European Market Infrastructure
Regulation) (EU Exit) (No 2) Instrument 2019
The Technical Standards (European Market Infrastructure
Regulation) (EU Exit) (No 3) Instrument 2019
The Technical Standards (European Market Infrastructure
Regulation) (EU Exit) (No 4) Instrument 2019
The Technical Standards (Miscellaneous Amendments) (EU
Exit) Instrument 2020
United States of
America
CFTC Real-Time Public Reporting of Swap Transaction Data,
17 C.F.R.
Part 43
CFTC Swap Data Recordkeeping and Reporting Requirements,
17 C.F.R.
Part 45
CFTC Swap Data Recordkeeping and Reporting Requirements:
Pre-Enactment and Transition Swaps, 17 C.F.R.
Part 46
40. Appendix C is amended
(
a) in the title, by replacing "TRADE REPOSITORIES AND DERIVATIVES
DATA REPORTING" with "DERIVATIVES: TRADE REPORTING".
(
b) by deleting "Instructions:",
(
c) by repealing and replacing
section 1 with the following:
1. Subject to items 2 through 6, a recognized trade repository must make
available to the public, at no cost, for each data element set out in
Appendix A opposite a "Y" in the "Made Available to the Public"
column of that appendix, the data elements contained in Table 1 for a
derivative in any of the asset classes and underlying asset identifiers
listed in Table 2 for all of the following:
(
a) each derivative reported to the recognized trade repository under
this Instrument;
(
b) each lifecycle event that changes the pricing of an existing
derivative reported to the recognized trade repository under this
Instrument;
(
c) each cancellation of a reported transaction or a correction of data
relating to a transaction that was previously made available to the
public, in each case resulting in a derivative referred to in
paragraph (
a) or a lifecycle event referred to in paragraph (b).,
(
d) by repealing and replacing Table 1 with the following:
Table 1
Data Element
Name
Data Element
Description
Data Element
Format
Data Element
Allowable
Values
Dissemination
identifier
Unique and random
identifier assigned by a
recognized trade
repository for each data
message made
available to the public.
Varchar(52)
Up to 52
alphanumeric
characters
Original
dissemination
identifier
For the following
action types reported to
the recognized trade
repository under Data
Element Number 98 of
Appendix A, the
Dissemination
identifier assigned
under Data Element
Number D1:
(
a) Correct;
(
b) Terminate;
(
c) Error;
(
d) Revive;
(
e) Modify, if the
Amendment indicator
in Data Element
Number 100 of
Appendix A is
reported to the
recognized trade
repository as True.
Varchar(52)
Up to 52
alphanumeric
characters
Dissemination
timestamp
Date and time, to the
nearest second, that a
recognized trade
repository makes data
available to the public.
YYYY-MM-
DDThh:mm:ssZ,
based on
Coordinated
Universal Time
Any valid
date/time based
on ISO 8601
Date and time
format.
Unique
product
identifier
short name
A humanly readable
description made
available by the
Derivatives Service
Bureau corresponding
to the unique product
identifier.
A list of allowable values and their
format will be published by the
Derivatives Service Bureau.
(
e) in
section 4, by replacing "maturity date less execution time stamp date"
with "expiration date less effective date",
(
f) in
section 6, by replacing "the" before "recognized trade repository" with
"a", and replacing "transaction" before the period with "derivative",
(
g) in Table 4, by replacing the heading in column 2 "Maturity Date less
Effective Date" with "Expiration Date less Effective Date",
(
h) in
section 7, by replacing "contained in Table 1" with "referred to in item
1", and replacing "in the execution timestamp field" with "for Data
Element Number 14 of Appendix A", and
(
i) by adding the following section:
8. If it is not technologically practicable to make the required information
available to the public 48 hours after the time reported for Data Element
Number 14 of Appendix A for the derivative due to periods of
downtime required for operational maintenance, system upgrades,
system repairs, disaster recovery exercises or any other exercises
related to operating the recognized trade repository in accordance with
this Instrument and its recognition order, the recognized trade
repository must make the information available to the public as soon as
technologically practicable following the conclusion of the period of
downtime..
41. Form 96-101F1 Application for Recognition - Trade Repository Information
Statement is amended in Exhibit E - Operations of the Trade Repository,
section (7), by replacing "accurately, completely" with "without error or
omission".
42. Form 96-101F2 Trade Repository Submission to Jurisdiction and Appointment
of Agent for Service of Process is amended in the
section below the heading
"Agent - Consent to Act as Agent for Service"
(
a) by replacing "Signature of the Trade Repository" with "Signature of the
Agent", and
(
b) by replacing "Print name and title of signing officer of the Trade
Repository" with "Print name of person signing and, if Agent is not an
individual, the title of the person".
43. This Instrument comes into force on July 25, 2025.
Service Alberta and Red Tape Reduction
Notice of Intent to Dissolve
(Cooperatives Act)
Bloomlancer Collaborative Space Cooperative
Notice is hereby given that a Notice of Intent to Dissolve was issued to Bloomlancer
Collaborative Space Cooperative on June 13, 2025.
Dated at Edmonton, Alberta, June 13, 2025.
_______________
Foodscape Cooperative
Notice is hereby given that a Notice of Intent to Dissolve was issued to Foodscape
Cooperative on June 13, 2025.
Dated at Edmonton, Alberta, June 13, 2025.
_______________
Southwest Connect Cooperative
Notice is hereby given that a Notice of Intent to Dissolve was issued to Southwest
Connect Cooperative on June 13, 2025.
Dated at Edmonton, Alberta, June 13, 2025.
Ubumwe Community Consumer Cooperative
Notice is hereby given that a Notice of Intent to Dissolve was issued to Ubumwe
Community Consumer Cooperative on June 13, 2025.
Dated at Edmonton, Alberta, June 13, 2025.
_______________
Yellowstone Bean Growers Co-operative Association
Notice is hereby given that a Notice of Intent to Dissolve was issued to Yellowstone
Bean Growers Co-operative Association on June 13, 2025.
Dated at Edmonton, Alberta, June 13, 2025.
ADVERTISEMENTS
Notice of Certificate of Intent to Dissolve
(Business Corporations Act)
Notice is hereby given that a Certificate of Intent to Dissolve was issued to Keller
Foods Limited on June 20, 2025.
Dated at Calgary, Alberta, June 20, 2025.
Michael Strilchuk, Barrister & Solicitor.
Public Sale of Land
(Municipal Government Act)
City of Fort Saskatchewan
Notice is hereby given that, under the provisions of the Municipal Government Act,
the City of Fort Saskatchewan will offer for sale, by public auction, in the Council
Chambers at City Hall, 10005 102 Street, Fort Saskatchewan, Alberta, on Monday,
August 25, 2025, at 10:00 a.m., the following lands:
Lot
Block
Plan
C. of T.
4801TR
Each parcel will be offered for sale, subject to a reserve bid and to the reservations
and conditions contained in the existing certificate of title.
The land is being offered for sale on an "as is, where is" basis, and the City of Fort
Saskatchewan makes no representation and gives no warranty whatsoever as to the
adequacy of services, soil conditions, land use districting, building and development
conditions, absence or presence of environmental contamination, vacant possession,
or the developability of the subject land for any intended use by the purchaser. No bid
will be accepted where the bidder attempts to attach conditions precedent to the sale
specified by the City of Fort Saskatchewan. No further information is available at the
auction regarding the lands to be sold.
The City of Fort Saskatchewan may, after the public auction, become the owner of
any parcel of land not sold at the public auction.
Terms: Payments may be made to the City by way of bank draft, direct deposit or
wire transfer only. A non-refundable deposit of 20% of the accepted bid amount is
due at the time of sale, with the remaining balance of the accepted bid to be paid
within 15 days of the date of sale of property. The purchaser is responsible to pay all
transfer costs and any applicable GST.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Fort Saskatchewan, Alberta, June 25, 2025.
_______________
Beaver County
Notice is hereby given that, under the provisions of the Municipal Government Act,
Beaver County will offer for sale, by public auction, at the County Office, at 5120 50
Street, Ryley, Alberta, on Thursday, September 11, 2025, at 10:00 a.m., the following
lands:
Name
Lot
Block
Plan
Legal Desc.
Size
Kinsella
32-37
1562W
4-11-46-27-NW
1950.9 sq m
Each parcel will be offered for sale, subject to a reserve bid and to the reservations
and conditions contained in the existing certificate of title.
Beaver County may, after the public auction, become the owner of any parcel of land
not sold at the public auction.
Terms: Cash, certified cheque or bank draft.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Ryley, Alberta, June 24, 2025.
Kayleena Spiess, Chief Administrative Officer.
Mountain View County
Notice is hereby given that, under the provisions of the Municipal Government Act,
Mountain View County will offer for sale, by public auction, in the office of
Mountain View County, Alberta, on Thursday, October 2, 2025, at 1:00 p.m., the
following lands:
Lot
Block
Plan
Legal Desc.
Acres
C. of T.
NW-32-32-05-5
4.45
NE-07-30-04-5
9.93
Ptn. NE-27-32-06-5
11.33
SE-01-32-29-4
4.50
Each parcel will be offered for sale, subject to a reserve bid and to the reservations
and conditions contained in the existing certificate of title.
The land is being offered for sale on an "as is, where is" basis, and Mountain View
County makes no representation and gives no warranty whatsoever as to the adequacy
of services, soil conditions, land use districting, building and development conditions,
absence or presence of environmental contamination, vacant possession, or the
developability of the subject land for any intended use by the purchaser. No bid will
be accepted where the bidder attempts to attach conditions precedent to the sale of
any parcel. No further information is available at the auction regarding the lands to be
sold. The successful bidder may be required to execute a Sales Agreement in a form
and substance acceptable to Mountain View County at the close of the public auction.
Mountain View County may, after the public auction, become the owner of any parcel
of land not sold at the public auction.
Terms: Cash - 10% non-refundable deposit on sale day and balance due within
30 days. The above properties may be subject to GST.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Didsbury, Alberta, May 14, 2025.
Michael Krieger, Manager Assessment Services.
_______________
Thorhild County
Notice is hereby given that, under the provisions of the Municipal Government Act,
Thorhild County will offer for sale, by public auction, in the County Administration
Office, Thorhild, Alberta, on Tuesday, August 26, 2025, at 10:00 a.m., the following
lands:
Lot
Block
Plan
C. of T.
Hamlet
3414MC
082545533+1
Newbrook
7300KS
Newbrook
812 2833
Newbrook
835HW
Thorhild
Pt. of Sec.
Sec.
Twp.
Rge.
Acres
C. of T.
Each parcel will be offered for sale, subject to a reserve bid and to the reservations
and conditions contained in the existing certificate of title.
The land is being offered for sale on an "as is, where is" basis, and Thorhild County
makes no representation and gives no warranty whatsoever as to the adequacy of
services, soil conditions, land use districting, building and development conditions,
absence or presence of environmental contamination, or the developability of the
subject land for any intended use by the purchaser. No bid will be accepted where the
bidder attempts to attach conditions precedent to the sale of any parcel. No terms and
conditions of sale will be considered other than those specified by Thorhild County.
Thorhild County may, after the public auction, become the owner of any parcel of
land not sold at the public auction.
Terms: Cash or certified cheque and GST will apply on lands sold at the public
auction. A 10% deposit is payable upon the acceptance of the bid at public auction.
The balance of the accepted bid is due within 30 days.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Thorhild County, Alberta, June 27, 2025.
Ryan Maier, Chief Administrative Officer.
_______________
County of Vermilion River
Notice is hereby given that, under the provisions of the Municipal Government Act,
the County of Vermilion River will offer for sale, by public auction, in the Village of
Kitscoty Council Chambers, 5011 50 Street, Kitscoty, Alberta, on Monday,
September 15, 2025, at 10:00 a.m., the following properties:
Roll
Lot
Block
Plan
C. of T.
162343044+2
4687NY
2129EO
Roll
Pt. of Sec.
Sec.
Twp.
Rge.
C. of T.
172171942+1
1. Any parcel of land offered for sale may be redeemed by payment of all arrears,
penalties and costs by guaranteed funds at any time until the property is entered
into the auction.
2. Each parcel of land offered for sale will be subject to a reserve bid and title will
be subject to the reservations and conditions contained in the existing certificate
of title.
3. The lands are being offered for sale on and "as is, where is" basis, and the
municipality makes no representation and gives no warranty whatsoever as to the
state of the parcel nor its suitability for any intended use by the successful bidder.
4. The auctioneer, councilors, the chief of administrative officer and the designated
officers and employees of the municipality must not bid or by any parcel of land
offered for sale, unless directed by the municipality to do so on behalf of the
municipality.
5. The purchaser of the property will be responsible for property taxes and utilities
for the current year. There will be no adjustment to the date of sale.
6. The purchaser will be required to execute a sale agreement in form and substance
provided by the municipality.
7. The successful purchaser must, at the time of sale, make payment in cash,
certified cheque or bank draft payable to the municipality as follows:
a. If the purchase price is less than $10,000, the purchaser must provide a non-
refundable deposit in the amount of $1,000 and the balance of the purchase
price must be paid within 5 business days of the sale OR
b. If the purchase price is greater than $10,000, the purchaser must provide a
non-refundable deposit in the amount of $1,000 and the balance of the
purchase price must be paid within 10 business days of the sale.
(if the certified cheque or bank draft exceeds the final purchase price, the excess
will be refunded within a reasonable period)
8. GST will be collected on all properties subject to GST.
9. The risk of the property lies with the purchaser immediately following the
auction.
10. The purchaser is responsible for obtaining vacant possession.
11. The purchaser will be responsible for registration of the transfer including
registration fees.
12. If no offer is received on a property of if the reserve bid is not met, the property
cannot be sold at the public auction.
13. The municipality may, after the public auction, become the owner of any parcel
of land that is not sold at the public auction.
14. Once the property is declared sold at public auction, the previous owner has no
further right to the property.
Dated at Kitscoty, Alberta, July 7, 2025.
Alyssa Irvine, Tax Administrator.
_______________
Town of Athabasca
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Athabasca will offer for sale, by public auction, in the Council Chambers
at Town Administration Building, 4705 49 Avenue, Athabasca, Alberta, on Monday,
August 25, 2025, at 2:00 p.m., the following lands:
Lot
Block
Plan
46AR
N11, 12
7284AE
5329AC
5284AE
#5, 1
Each parcel will be offered for sale, subject to a reserve bid and to the reservations
and conditions contained in the existing certificate of title.
The land is being offered for sale on an "as is, where is" basis, and the Town of
Athabasca makes no representation and gives no warranty whatsoever as to the
adequacy of services, soil conditions, land use districting, building and development
conditions, absence or presence of environmental contamination, vacancy, or the
developability of the subject land for any intended use by the purchaser. No bid will
be accepted where the bidder attempts to attach conditions precedent to the sale of
any parcel.
The Town of Athabasca may, after the public auction, become the owner of any
parcel of land not sold at the public auction.
Terms: Cash, bank draft or certified cheque - 10% down, balance in 15 days.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Athabasca, Alberta, June 24, 2025.
Jeff Dalley, Chief Financial Officer.
_______________
Town of Bruderheim
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Bruderheim will offer for sale, by public auction, in the Municipal
Office, 5017 Queen Street, Bruderheim, Alberta, on Monday, September 15, 2025, at
10:00 a.m., the following parcels:
Roll
Lot
Block
Plan
C. of T.
3753P
1. Any parcel of land offered for sale may be redeemed by payment of all arrears,
penalties and costs by guaranteed funds at any time until the property is declared
sold.
2. Each parcel of land offered for sale will be subject to a reserve bid and title will
be subject to the reservations and conditions contained in the existing certificate
of title.
3. The lands are being offered for sale on an "as is, where is" basis, and the
municipality makes no representation and gives no warranty whatsoever as to the
state of the parcel nor its suitability for any intended use by the successful bidder.
4. The auctioneer, councillors, the chief administrative officer and the designated
officers and employees of the municipality must not bid or buy any parcel of land
offered for sale, unless directed by the municipality to do so on behalf of the
municipality.
5. The purchaser of the property will be responsible for property taxes and utilities
for the current year. There will be no adjustment to the date of sale.
6. The purchaser will be required to execute a sale agreement in form and substance
provided by the municipality.
7. The successful purchaser must, at the time of sale, make payment in cash,
certified cheque or bank draft payable to the municipality as follows:
a. The full purchase price if it is $10,000 or less; OR
b. If the purchase price is greater than $10,000, the purchaser must provide a
non-refundable deposit in the amount of $10,000 and the balance of the
purchase price must be paid within 20 days of the sale.
(if the certified cheque or bank draft exceeds the final purchase price, the excess
will be refunded within a reasonable time)
8. GST will be collected on all properties subject to GST.
9. The risk of the property lies with the purchaser immediately following the
auction.
10. The purchaser is responsible for obtaining vacant possession.
11. The purchaser will be responsible for registration of the transfer including
registration fees.
12. If no offer is received on a property or if the reserve bid is not met, the property
cannot be sold at the public auction.
13. The municipality may, after the public auction, become the owner of any parcel
of land that is not sold at the public auction.
14. Once the property is declared sold at public auction, the previous owner has no
further right to pay the tax arrears.
Dated at Bruderheim, Alberta, June 27, 2025.
Phyllis Forsyth, Chief Administrative Officer.
_______________
Town of Coronation
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Coronation will offer for sale, by public auction, in the Municipal Office,
5015 Victoria Avenue, Coronation, Alberta, on Wednesday, September 17, 2025, at
2:00 p.m., the following parcels:
Roll
Lot
Block
Plan
C. of T.
3, 4
8149AH
19-21
8149AH
1. Any parcel of land offered for sale may be redeemed by payment of all arrears,
penalties and costs by guaranteed funds at any time until the property is declared
sold.
2. Each parcel of land offered for sale will be subject to a reserve bid and title will
be subject to the reservations and conditions contained in the existing certificate
of title.
3. The lands are being offered for sale on an "as is, where is" basis, and the
municipality makes no representation and gives no warranty whatsoever as to the
state of the parcel nor its suitability for any intended use by the successful bidder.
4. The auctioneer, councillors, the chief administrative officer and the designated
officers and employees of the municipality must not bid or buy any parcel of land
offered for sale, unless directed by the municipality to do so on behalf of the
municipality.
5. The purchaser of the property will be responsible for property taxes and utilities
for the current year. There will be no adjustment to the date of sale.
6. The purchaser will be required to execute a sale agreement in form and substance
provided by the municipality.
7. The successful purchaser must, at the time of sale, make payment in cash,
certified cheque or bank draft payable to the municipality as follows:
a. The full purchase price if it is $10,000 or less; OR
b. If the purchase price is greater than $10,000, the purchaser must provide a
non-refundable deposit in the amount of $10,000 and the balance of the
purchase price must be paid within 20 days of the sale.
(if the certified cheque or bank draft exceeds the final purchase price, the excess
will be refunded within a reasonable time)
8. GST will be collected on all properties subject to GST.
9. The risk of the property lies with the purchaser immediately following the
auction.
10. The purchaser is responsible for obtaining vacant possession.
11. The purchaser will be responsible for registration of the transfer including
registration fees.
12. If no offer is received on a property or if the reserve bid is not met, the property
cannot be sold at the public auction.
13. The municipality may, after the public auction, become the owner of any parcel
of land that is not sold at the public auction.
14. Once the property is declared sold at public auction, the previous owner has no
further right to pay the tax arrears.
Dated at Coronation, Alberta, June 27, 2025.
Delayne Golby, Chief Administrative Officer.
_______________
Town of Eckville
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Eckville will offer for sale, by public auction, in the Town Office, 5023
51 Avenue, Eckville, Alberta, on Wednesday, September 10, 2025, at 2:00 p.m., the
following lands:
Lot
Block
Plan
Address
6395NY
4908 54 Avenue
6117AQ
5023 52 Avenue
West pt. 3
264HW
4852 54 Avenue
210MC
4904 54 Avenue
Each parcel will be offered for sale, subject to a reserve bid and to the reservations
and conditions contained in the existing certificate of title.
The land is being offered for sale on an "as is, where is" basis, and the Town of
Eckville makes no representation and gives no warranty whatsoever as to the
adequacy of services, soil conditions, land use districting, building and development
conditions, absence or presence of environmental contamination, or the developability
of the subject land for any intended use by the purchaser.
The Town of Eckville may, after the public auction, become the owner of any parcel
of land not sold at the public auction.
Terms: Cash, money order or certified cheque - 10% down, balance in 15 days.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Eckville, Alberta, June 25, 2025.
Jack Ramsden, Chief Administrative Officer.
Town of Hanna
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Hanna will offer for sale, by public auction, in the Council Chambers,
Town Office, Hanna, Alberta, on Monday, September 8, 2025, at 2:00 p.m., the
following lands:
Lot
Block
Plan
C. of T.
5-6
6133AW
6133AW
6133AW
Each parcel will be offered for sale subject to a reserve bid and to the reservations and
conditions contained in the existing certificate of title.
Reserving thereout all mines and minerals.
This property is being offered for sale on an "as is, where is" basis and the Town of
Hanna makes no representation and gives no warranty whatsoever as to the adequacy
of services, soil conditions, land use districting, building and development conditions,
absence, or presence of environmental contamination, or the developability of the
subject land for any intended use by the purchaser.
The Town of Hanna may, after the public auction, become the owner of any parcel of
land not sold at the public auction.
Terms: 10% down payment by cash or certified cheque at the time of sale and the
balance within 30 days.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Hanna, Alberta, June 18, 2025.
Matthew Norburn, Chief Administrative Officer.
_______________
Town of Oyen
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Oyen will offer for sale, by public auction, in the Town of Oyen Council
Chambers, Oyen, Alberta, on Wednesday, September 10, 2025, at 10:00 a.m., the
following lands:
Lot
Block
Plan
C. of T.
Address
7936CC
310 3 Avenue East
Each parcel will be offered for sale subject to a reserve bid and to the reservations and
conditions contained in the existing certificate of title.
The Town of Oyen may, after the public auction, become the owner of any parcel of
land not sold at the public auction.
Terms: Cash, certified cheque, or bank draft at the time of sale.
Redemption may be effected by payment of all arrears of taxes and costs at any time
prior to the sale.
Dated at Oyen, Alberta, June 20, 2025.
Debbie Ross, Chief Administrative Officer.
_______________
Town of Pincher Creek
Notice is hereby given that, under the provisions of the Municipal Government Act,
Town of Pincher Creek will offer for sale, by public auction, in the Municipal Office,
962 St John Avenue, Pincher Creek, Alberta, on Monday, September 15, 2025, at
2:00 p.m., the following parcels:
Roll
Lot
Block
Plan
C. of T.
2261H
7756AL
1. Any parcel of land offered for sale may be redeemed by payment of all arrears,
penalties and costs by guaranteed funds at any time until the property is declared
sold.
2. Each parcel of land offered for sale will be subject to a reserve bid and title will
be subject to the reservations and conditions contained in the existing certificate
of title.
3. The lands are being offered for sale on an "as is, where is" basis, and the
municipality makes no representation and gives no warranty whatsoever as to the
state of the parcel nor its suitability for any intended use by the successful bidder.
4. The auctioneer, councillors, the chief administrative officer and the designated
officers and employees of the municipality must not bid or buy any parcel of land
offered for sale, unless directed by the municipality to do so on behalf of the
municipality.
5. The purchaser of the property will be responsible for property taxes and utilities
for the current year. There will be no adjustment to the date of sale.
6. The purchaser will be required to execute a sale agreement in form and substance
provided by the municipality.
7. The successful purchaser must, at the time of sale, make payment in cash,
certified cheque or bank draft payable to the municipality as follows:
a. The full purchase price if it is $10,000 or less; OR
b. If the purchase price is greater than $10,000, the purchaser must provide a
non-refundable deposit in the amount of $10,000 and the balance of the
purchase price must be paid within 20 days of the sale.
(if the certified cheque or bank draft exceeds the final purchase price, the excess
will be refunded within a reasonable time)
8. GST will be collected on all properties subject to GST.
9. The risk of the property lies with the purchaser immediately following the
auction.
10. The purchaser is responsible for obtaining vacant possession.
11. The purchaser will be responsible for registration of the transfer including
registration fees.
12. If no offer is received on a property or if the reserve bid is not met, the property
cannot be sold at the public auction.
13. The municipality may, after the public auction, become the owner of any parcel
of land that is not sold at the public auction.
14. Once the property is declared sold at public auction, the previous owner has no
further right to pay the tax arrears.
Dated at Pincher Creek, Alberta, June 27, 2025.
Konrad Dunbar, Chief Administrative Officer.
_______________
Town of Ponoka
Notice is hereby given that, under the provisions of the Municipal Government Act,
the Town of Ponoka will offer for sale, by public auction, in the Municipal Office,
200 5604 50 Street, Ponoka, Alberta, on Monday, September 29, 2025, at 2:00 p.m.,
the following parcels:
Roll
Lot
Block
Plan
C. of T.
212177435+1
1. Any parcel of land offered for sale may be redeemed by payment of all arrears,
penalties and costs by guaranteed funds at any time until the property is declared
sold.
2. Each parcel of land offered for sale will be subject to a reserve bid and title will
be subject to the reservations and conditions contained in the existing certificate
of title.
3. The lands are being offered for sale on an "as is, where is" basis, and the
municipality makes no representation and gives no warranty whatsoever as to the
state of the parcel nor its suitability for any intended use by the successful bidder.
4. The auctioneer, councillors, the chief administrative officer and the designated
officers and employees of the municipality must not bid or buy any parcel of land
offered for sale, unless directed by the municipality to do so on behalf of the
municipality.
5. The purchaser of the property will be responsible for property taxes and utilities
for the current year. There will be no adjustment to the date of sale.
6. The purchaser will be required to execute a sale agreement in form and substance
provided by the municipality.
7. The successful purchaser must, at the time of sale, make payment in cash,
certified cheque or bank draft payable to the municipality as follows:
a. The full purchase price if it is $10,000 or less; OR
b. If the purchase price is greater than $10,000, the purchaser must provide a
non-refundable deposit in the amount of $10,000 and the balance of the
purchase price must be paid within 20 days of the sale.
(if the certified cheque or bank draft exceeds the final purchase price, the excess
will be refunded within a reasonable time)
8. GST will be collected on all properties subject to GST.
9. The risk of the property lies with the purchaser immediately following the
auction.
10. The purchaser is responsible for obtaining vacant possession.
11. The purchaser will be responsible for registration of the transfer including
registration fees.
12. If no offer is received on a property or if the reserve bid is not met, the property
cannot be sold at the public auction.
13. The municipality may, after the public auction, become the owner of any parcel
of land that is not sold at the public auction.
14. Once the property is declared sold at public auction, the previous owner has no
further right to pay the tax arrears.
Dated at Ponoka, Alberta, June 27, 2025.
Sandra Lund, Chief Administrative Officer.
_______________
Town of Spirit Rive