Government of Canada
Symbol of the Government of Canada


Vol. 141, No. 50 — December 15, 2007

GOVERNMENT NOTICES

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, the conditions of Permit No. 4543-2-03434 are amended as follows:

9. Total Quantity to Be Disposed of: Not to exceed 45 000 m3.

M. D. NASSICHUK
Environmental Stewardship
Pacific and Yukon Region

On behalf of the Minister of the Environment

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DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT, 1999

Notice is hereby given that, pursuant to the provisions of Part 7, Division 3, of the Canadian Environmental Protection Act, 1999, Permit No. 4543-2-03446 is approved.

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

2. Type of Permit: To load waste and other matter for the purpose of disposal at sea and to dispose of waste and other matter at sea.

3. Term of Permit: Permit is valid from January 14, 2008, to January 13, 2009.

4. Loading Site(s): Eburne Barge Ramp on the North Arm of the Fraser River, British Columbia, at approximately 49°12.05' N, 123°08.44' W.

5. Disposal Site(s): Point Grey Disposal Site, within a one nautical mile radius of 49°15.40' N, 123°21.90' W.

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

7. Method of Loading: Clamshell dredge, hopper dredge, cutter suction dredge or pipeline.

8. Method of Disposal: Hopper dredge, hopper barge or end dumping.

9. Matter to Be Disposed of: Dredged material and/or bulky substances.

10. Total Quantity to Be Disposed of: Not to exceed 6 000 m3.

11. Requirements and Restrictions:

11.1. The Permittee must ensure that every effort is made to prevent the deposition of log bundling strand into material approved for loading and disposal at sea and/or remove log bundling strand from material approved for loading and disposal at sea.

11.2. The Permittee must ensure that all contractors involved in the loading or disposal for which the permit is issued are made aware of the conditions identified in the permit and of the possible consequences of any violation of these conditions.

11.3. The Permittee must ensure that a copy of the permit and of the letter of transmittal is carried on all towing vessels, loading platforms and equipment involved in disposal at sea activities.

11.4. The Permittee must inform Environment Canada's Environmental Enforcement Division, Pacific and Yukon Region, by fax at 604-666-9059 or by email to Gerry Mitchell at gerry.mitchell@ec.gc.ca prior to, and within 48 hours of, any loading for disposal.

11.5. The Permittee must submit to the Regional Director, Environmental Protection Operations Directorate, Pacific and Yukon Region, within 30 days of the expiry of the permit, a list of all activities completed pursuant to the permit, including the nature and quantity of matter disposed of from each loading site, the dates on which the activities occurred and the disposal site used.

M. D. NASSICHUK
Environmental Stewardship
Pacific and Yukon Region

On behalf of the Minister of the Environment

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DEPARTMENT OF FOREIGN AFFAIRS AND INTERNATIONAL TRADE

NOTICE OF INTENT TO CONDUCT A STRATEGIC ENVIRONMENTAL ASSESSMENT OF THE CANADA-KUWAIT FOREIGN INVESTMENT PROTECTION AND PROMOTION AGREEMENT

The Government of Canada will undertake a Strategic Environmental Assessment of the negotiations for a Canada-Kuwait Foreign Investment Promotion and Protection Agreement (FIPA). Comments are invited on any likely and significant environmental impacts of the negotiations on Canada.

The Government of Canada is committed to sustainable development. Mutually supportive trade and environmental policies can contribute to this objective. To this end, the Minister of International Trade, with the support of his Cabinet colleagues, has directed trade officials to improve their understanding of, and information based on, the relationship between trade and environmental issues at the earliest stages of decision making, and to do this through an open and inclusive process. Environmental assessments of trade negotiations are critical to this work.

This process is guided by the 2001 Framework for Conducting Environmental Assessments of Trade Negotiations and with direction from the 2004 Cabinet Directive on the Environmental Assessment of Policy, Plan, and Program Proposals.

For more information, please visit the following Web sites:

All interested parties are invited to submit their views on the likely and significant environmental impacts on Canada resulting from the Canada-Kuwait FIPA negotiations by February 8, 2008.

Contributions can be sent by email, fax or mail to consultations@international.gc.ca (email), 613-944-7981 (fax), Consultations and Liaison Division, Environmental Assessment Consultations — Canada-Kuwait FIPA, International Trade Canada, Lester B. Pearson Building, 125 Sussex Drive, Ottawa, Ontario K1A 0G2.

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DEPARTMENT OF INDUSTRY

INVESTMENT CANADA ACT

Guidelines — Investment by state-owned enterprises — Net benefit assessment

The following guidelines are issued by the Minister who is responsible for the administration of the Investment Canada Act (the "Act"), under the authority of section 38 of the Act, to inform investors of certain procedures that will be followed in the administration of the review and monitoring provisions of the Act where the investors are state-owned enterprises (SOEs).

Recognizing that increased capital and technology would benefit Canada, the purpose of the Act is "to encourage investment in Canada by Canadians and non-Canadians that contributes to economic growth and employment opportunities and to provide for the review of significant investments in Canada by non-Canadians in order to ensure such benefit to Canada."

For the purposes of these guidelines, an SOE is an enterprise that is owned or controlled directly or indirectly by a foreign government.

As currently required by the Investment Canada Regulations, in their applications for review, non-Canadian investors, including SOEs, are required to identify their controller, including any direct or indirect state ownership or control.

It is the policy of the Government of Canada to ensure that the governance and commercial orientation of SOEs are considered in determining whether reviewable acquisitions of control in Canada by the SOE are of net benefit to Canada.

The Minister will apply the principles already embedded in the Act to determine whether a reviewable acquisition of control by a non-Canadian who is an SOE is of net benefit to Canada.

When assessing whether such acquisitions of control are of net benefit to Canada, the Minister will examine, as part of the assessment of the factors enumerated in section 20 of the Act, the corporate governance and reporting structure of the non-Canadian. This examination will include whether the non-Canadian adheres to Canadian standards of corporate governance (including, for example, commitments to transparency and disclosure, independent members of the board of directors, independent audit committees and equitable treatment of shareholders), and to Canadian laws and practices. The examination will also cover how and the extent to which the non-Canadian is owned or controlled by a state.

Furthermore, the Minister will assess whether a Canadian business to be acquired by a non-Canadian that is an SOE will continue to have the ability to operate on a commercial basis regarding

  • where to export;
  • where to process;
  • the participation of Canadians in its operations in Canada and elsewhere;
  • the support of ongoing innovation, research and development; and
  • the appropriate level of capital expenditures to maintain the Canadian business in a globally competitive position.

To ensure that such acquisitions of control are of net benefit to Canada, non-Canadians are encouraged to support their plans for the Canadian business by submitting specific undertakings. Examples of undertakings that have been used in the past and could be used in the future include, among other undertakings, the appointment of Canadians as independent directors on the board of directors, the employment of Canadians in senior management positions, the incorporation of the business in Canada, and the listing of shares of the acquiring company or the Canadian business being acquired on a Canadian stock exchange. Appropriate monitoring will be conducted in accordance with the Act.

December 7, 2007

ERIC DAGENAIS
Director General
Investment Review Branch

SUSAN BINCOLETTO
Director General
Marketplace Framework Policy Branch

RICK MCQUAIG
Director
Cultural Sector Investment Review
Department of Canadian Heritage

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NOTICE OF VACANCY

INTERNATIONAL CENTRE FOR HUMAN RIGHTS AND DEMOCRATIC DEVELOPMENT

President (full-time position)

Location: Montréal

The International Centre for Human Rights and Democratic Development is a Canadian institution with an international mandate to promote, advocate and defend the democratic and human rights set out in the International Bill of Human Rights. In co-operation with civil society and governments in Canada and abroad, the Centre initiates and supports programs to strengthen laws and democratic institutions in developing countries. Although its mandate is global, the Centre focuses its work in a number of core countries.

Reporting to a Board of Directors drawn from Canada and developing countries and, through the Minister of Foreign Affairs, to the Parliament of Canada, the President is responsible for the overall management of the International Centre for Human Rights and Democratic Development.

The President of the International Centre for Human Rights and Democratic Development fulfils three broad roles: ensuring the visibility of the Centre both internationally and nationally; providing leadership, vision and a strategic plan for the Centre; and ensuring sound internal management.

The President assures high visibility of the Centre internationally by working with international institutions, foundations, private sector, voluntary sector and non-governmental organizations with a human rights or democracy mandate. The President plays a critical role in ensuring the visibility of the Centre nationally through regular contact with members of Parliament and Government, and in particular the Minister of Foreign Affairs. The President provides leadership, vision and a strategic plan to the staff through establishing priorities, criteria for strategies and managing themes. The President recommends to the Board of Directors the strategic orientation of the Centre, the corporate objectives, the programmes and budgetary allocations, as well as the major programmes and administrative policies. A vital role of the President is ensuring sound internal management and establishing a spirit of co-operation and teamwork. The President ensures that the Centre's management is competent and able to move the Centre forward in achieving its programme objectives as established within the framework of the International Centre for Human Rights and Democratic Development Act.

The successful candidate will have a degree from a recognized university in a relevant field of study or an acceptable combination of education, job-related training and/or experience. They must have experience in managing human and financial resources at the senior executive level. Experience serving as head of a large complex organization, and implementing modern corporate governance principles and best practices, is also required. The successful candidate will have experience dealing with senior officials in the federal government and experience in the fields of democratic development and human rights.

The successful candidate will have knowledge of the International Centre for Human Rights and Democratic Development's mandate and of the legislative framework within which it operates. Extensive knowledge of foreign policy and international issues, as well as of regions of the world in which the Centre operates, is also required. Extensive knowledge of current issues regarding the international promotion of human rights and democratic development is essential. The successful candidate will have strong financial literacy, and must also have knowledge of sound management principles.

The successful candidate must have excellent leadership and managerial skills. They must also have the ability to provide the corporate vision needed to attain International Centre for Human Rights and Democratic Development's mandate and objectives. The successful candidate must be able to develop effective working relationships with relevant government departments and strategic partners in Canada and internationally. The successful candidate must have the proven ability to raise funds. Strong analytical, problem-solving and decision-making skills and the ability to anticipate emerging issues and develop strategies to enable the Centre to seize opportunities and resolve problems are required as well as the ability to foster debate and discussions among Board members, facilitate consensus and manage conflicts. The successful candidate will also have superior communication skills, both written and oral. Sound judgment, high ethical standards, superior interpersonal skills and initiative are also required.

Proficiency in both official languages is required; knowledge of a third language would be an asset.

The successful candidate must be a Canadian citizen and must be willing to relocate to Montréal, Quebec, or to a location within reasonable commuting distance. The chosen candidate must be willing to travel within Canada and overseas.

The Government of Canada is committed to ensuring that its appointments are representative of Canada's regions and official languages, as well as of women, Aboriginal peoples, disabled persons and visible minorities.

The successful candidate must comply with the Ethical Guidelines for Public Office Holders and the Guidelines for the Political Activities of Public Office Holders. The guidelines are available on the Governor in Council Appointments Web site, under Publications, at www.appointments-nominations.gc.ca.

The successful candidate will be subject to the Conflict of Interest Act. Public office holders appointed on a full-time basis must submit to the Office of the Conflict of Interest and Ethics Commissioner, within 60 days of appointment, a Confidential Report in which they disclose all of their assets, liabilities and outside activities. For more information, please visit the Office of the Conflict of Interest and Ethics Commissioner's Web site at www.parl.gc.ca/ciec-ccie.

This notice has been placed in the Canada Gazette to assist the Governor in Council in identifying qualified candidates for this position. It is not, however, intended to be the sole means of recruitment. Applications forwarded through the Internet will not be considered for reasons of confidentiality.

Additional details about Rights and Democracy and its activities can be found on its Web site at www.dd-rd.ca.

Interested candidates should forward their curriculum vitae by January 25, 2008, to the Acting Assistant Secretary to the Cabinet (Senior Personnel and Special Projects), Privy Council Office, 59 Sparks Street, 1st Floor, Ottawa, Ontario K1A 0A3, 613-957-5006 (fax).

Bilingual notices of vacancies will be produced in an alternative format (audio cassette, diskette, braille, large print, etc.) upon request. For further information, please contact Canadian Government Publishing, Public Works and Government Services Canada, Ottawa, Ontario K1A 0S5, 613-941-5995 or 1-800-635-7943.

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OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS

BANK ACT

Designation order

Notice is hereby given, pursuant to subsection 522.26(5) of the Bank Act, that the Minister of Finance designated EFG International on October 19, 2007, pursuant to subsection 508(1) of the Bank Act, to be a designated foreign bank for the purposes of Part XII of the Bank Act.

December 5, 2007

JULIE DICKSON
Superintendent of Financial Institutions

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OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS

BANK ACT

DirectCash Bank and Equity Development Bank — Letters patent of incorporation

Notice is hereby given of the issuance,

  • pursuant to section 22 of the Bank Act, of letters patent incorporating DirectCash Bank and, in French, Banque DirectCash, effective October 3, 2007; and
  • pursuant to section 22 of the Bank Act, of letters patent incorporating Equity Development Bank and, in French, Banque Equity Development du Canada, effective October 9, 2007.

December 5, 2007

JULIE DICKSON
Superintendent of Financial Institutions

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OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS

BANK ACT

Landsbanki Islands h.f. and Mizuho Corporate Bank, Ltd. — Order permitting a foreign bank to establish a branch in Canada and order approving the commencement and carrying on of business in Canada by an authorized foreign bank

  • Pursuant to subsection 524(1) of the Bank Act, the Minister of Finance made an order on August 24, 2007, permitting Landsbanki Islands h.f. to establish a branch in Canada to carry on business in Canada under the name Landsbanki Canada;
  • Pursuant to subsection 524(1) of the Bank Act, the Minister of Finance made an order on October 4, 2007, permitting Mizuho Corporate Bank, Ltd. to establish a branch in Canada to carry on business in Canada under the name Mizuho Corporate Bank, Ltd., Canada Branch and, in French, Banque d'affaires Mizuho, Ltée, branche canadienne;
  • Pursuant to subsection 534(1) of the Bank Act, the Superintendent of Financial Institutions issued an order approving the commencement and carrying on of business in Canada by Landsbanki Islands h.f. effective October 11, 2007; and
  • Pursuant to subsection 534(1) of the Bank Act, the Superintendent of Financial Institutions issued an order approving the commencement and carrying on of business in Canada by Mizuho Corporate Bank, Ltd. effective October 26, 2007.

December 5, 2007

JULIE DICKSON
Superintendent of Financial Institutions

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BANK OF CANADA

Balance sheet as at November 30, 2007

(Millions of dollars)     Unaudited

ASSETS
Deposits in foreign currencies   3.2
Loans and receivables    
Advances to members of the Canadian Payments Association    
Advances to Governments    
Securities purchased under resale agreements 1,318.3  
Other loans and receivables 16.4  
    1,334.7
Investments    
Treasury bills of Canada 20,806.7  
Other securities issued or guaranteed by Canada:    
maturing within three years 11,913.6  
maturing in over three years but not over five years 6,230.4  
maturing in over five years but not over ten years 5,758.2  
maturing in over ten years 6,639.3  
Other investments 38.0  
    51,386.2
Bank premises   128.8
Other assets   82.8
     
    52,935.7
LIABILITIES AND CAPITAL
Bank notes in circulation   47,952.3
Deposits    
Government of Canada 3,588.5  
Members of the Canadian Payments Association 291.3  
Other 428.8  
    4,308.6
Liabilities in foreign currencies    
Government of Canada    
Other    
     
Other Liabilities    
Securities sold under repurchase agreements    
All other liabilities 519.0  
    519.0
    52,779.9
Capital    
Share capital 5.0  
Statutory reserve 25.0  
Special Reserve 100.0  
Accumulated other comprehensive income 25.8  
    155.8
    52,935.7

I declare that the foregoing return is correct according to the books of the Bank.

Ottawa, December 6, 2007

H. A. WOERMKE

Acting Chief Accountant

I declare that the foregoing return is to the best of my knowledge and belief correct, and shows truly and clearly the financial position of the Bank, as required by section 29 of the Bank of Canada Act.

Ottawa, December 6, 2007

DAVID A. DODGE

Governor

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