Vol. 143, No. 17 — August 19, 2009
Registration
SOR/2009-227 July 30, 2009
ROYAL CANADIAN MINT ACT
P.C. 2009-1222 July 30, 2009
Her Excellency the Governor General in Council, on the recommendation of the Minister of Transport, pursuant to sections 6.4 (see footnote a) and 6.5 (see footnote b) of the Royal Canadian Mint Act (see footnote c), hereby authorizes the issue of twenty-five cent circulation coins, the characteristics of which shall be as specified in item 4.1 (see footnote d) of Part 2 of the schedule to that Act and the diameter of which shall be 23.88 mm, and determines the design of the coins to be as follows, namely,
(a) a twenty-five cent coin
(i) the obverse impression of which shall depict the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt, with the initials “SB” on the bottom left-hand corner of the neckline and the inscriptions “ELIZABETH II”, “25 CENTS” and “CANADA 2009” appearing to the left, at the top and to the right of the effigy, respectively, and
(ii) the reverse impression of which shall depict a design of two hockey teammates rushing towards each other in mutual admiration of the win against a background of a coloured maple leaf, the artist’s initials “JB” to the right of the design and the words “2002 WOMEN’S HOCKEY FÉMININ” and the Canadian Olympic Committee logo below the design;
(b) a twenty-five cent coin
(i) the obverse impression of which shall depict the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt, with the initials “SB” on the bottom left-hand corner of the neckline and the inscriptions “ELIZABETH II”, “25 CENTS” and “CANADA 2009” appearing to the left, at the top and to the right of the effigy, respectively, and
(ii) the reverse impression of which shall depict a design of a goal scorer pumping his arms in the air against a background of stylized arcs and a coloured maple leaf, the artist’s initials “JB” to the right of the design and the words “2002 MEN’S HOCKEY MASCULIN” and the Canadian Olympic Committee logo below the design;
(c) a twenty-five cent coin
(i) the obverse impression of which shall depict the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt, with the initials “SB” on the bottom left-hand corner of the neckline and the inscriptions “ELIZABETH II”, “25 CENTS” and “CANADA 2009” appearing to the left, at the top and to the right of the effigy, respectively, and
(ii) the reverse impression of which shall depict a design of a speedskater surrounded by five bands against a background of a coloured maple leaf, the artist’s initials “JB” to the right of the design and the words “CINDY KLASSEN 2006” and the Canadian Olympic Committee logo below the design;
(d) a twenty-five cent coin
(i) the obverse impression of which shall depict the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt, with the initials “SB” on the bottom left-hand corner of the neckline and the inscriptions “ELIZABETH II”, “25 CENTS” and “CANADA 2009” appearing to the left, at the top and to the right of the effigy, respectively, and
(ii) the reverse impression of which shall depict a design of two hockey teammates rushing towards each other in mutual admiration of the win against a background of a maple leaf, the artist’s initials “JB” to the right of the design and the words “2002 WOMEN’S HOCKEY FÉMININ” and the Canadian Olympic Committee logo below the design;
(e) a twenty-five cent coin
(i) the obverse impression of which shall depict the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt, with the initials “SB” on the bottom left-hand corner of the neckline and the inscriptions “ELIZABETH II”, “25 CENTS” and “CANADA 2009” appearing to the left, at the top and to the right of the effigy, respectively, and
(ii) the reverse impression of which shall depict a design of a goal scorer pumping his arms in the air against a background of stylized arcs and a maple leaf, the artist’s initials “JB” to the right of the design and the words “2002 MEN’S HOCKEY MASCULIN” and the Canadian Olympic Committee logo below the design;
(f) a twenty-five cent coin
(i) the obverse impression of which shall depict the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt, with the initials “SB” on the bottom left-hand corner of the neckline and the inscriptions “ELIZABETH II”, “25 CENTS” and “CANADA 2009” appearing to the left, at the top and to the right of the effigy, respectively, and
(ii) the reverse impression of which shall depict a design of a speedskater surrounded by five bands against a background of a maple leaf, the artist’s initials “JB” to the right of the design and the words “CINDY KLASSEN 2006” and the Canadian Olympic Committee logo below the design.
REGULATORY IMPACT ANALYSIS STATEMENT
(This statement is not part of the Order.)
Issue and objectives
The Royal Canadian Mint (Mint) wishes to produce six coins with denominations of twenty-five cents as part of the 2007–2010 Olympic Circulation Coin Program depicting the three most popular Canadian Olympic Winter Moments as selected by Canadians from the Top 10 Canadian Olympic Winter Moments contest. The top three moments would be featured in two versions, coloured and non-coloured, on twenty-five cent circulation coins. However, at present the Royal Canadian Mint is not authorized to produce coins with the proposed new Olympic designs.
Pursuant to Sections 6.4 and 6.5 of the Royal Canadian Mint Act, the Governor in Council may, by order, authorize the issue of circulation coins of a denomination listed in Part 2 of the schedule and determine the design of any circulation coin to be issued. Thus, the purpose of this Order is to obtain Governor in Council approval to issue six twenty-five cent coins bearing Olympic-themed designs depicting the three most popular Olympic Winter Moments.
The objectives of the Olympic Circulation Coin Program include providing Canadians with an exciting program to celebrate the 2010 Vancouver Olympic Winter Games, and heighten their interest in circulation coins. The use of circulation coinage to commemorate, celebrate or promote events of national significance or interest has proven to be very popular with the general public. Because these coins are available at face value and circulated widely, public demand is high with many coins being collected and taken out of circulation. Commemorative circulation coin programs create important benefits by contributing to the overall success of the event being celebrated as well as generating additional seigniorage (revenues for the government).
Description and rationale
The Mint and Canada’s Olympic Broadcast Media Consortium partnered to execute a national multi-platform Olympic program by selecting and celebrating Canada’s Canadian Olympic Winter Moments. Canadians were encouraged to learn about the Canadian Olympic Winter Moments through an interactive experience by voting for their favourite moment on line at CTVOlympics.ca and RDSolympiques.ca.
An independent voting panel selected the Olympic Moments from a comprehensive list of 55 of the greatest moments from Canada’s Olympic and Paralympic Winter Games history. The voting panel consisted of media, athletes, and representatives from the International Olympic Committee (IOC), Canadian Olympic Committee (COC), Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) and International Paralympic Committee (IPC). Members were chosen to ensure fair representation of gender, the two official languages and the diverse regions and cultures of Canada, as well as the various Canadian and International Olympic and Paralympic Winter Games governing organizations.
Nominations included all top Canadian Olympic and Paralympic Winter moments beginning with the 1924 Olympic Winter Games in Chamonix, France and the 1976 Paralympic Winter Games in Örnsköldsvik, Sweden. Eligible moments met the following criteria:
Based on the criteria, the following ten moments were selected by the voting panel:
From the top ten Olympic moments, the top three most popular Olympic moments would be featured on twenty-five cent coins, each with a mintage of 22 million (3 million for coloured and 19 million for non-coloured) and each coin would enter into circulation beginning in the Fall of 2009, leading up to the Vancouver Olympic Games in 2010. The coins would be distributed through financial institutions and Olympic partners such as RBC and Petro Canada.
The results of the Canadian Olympic Winter Moments Contest would be revealed in a one-hour prime-time broadcast special, in French and English, in September 2009 on CTV, TSN and RDS. This broadcast would also be streamed online and would be available on-demand on CTVOlympics.ca and RDSolympiques.ca.
The selected Olympic moment coins would be produced in two different versions, coloured and non-coloured. The first design, representing the men’s hockey team win of a gold medal in Salt Lake City in 2002, would depict a goal scorer pumping his arms in the air against a background of stylized arcs and a maple leaf. The second design, representing the women’s hockey team win of a gold medal in Salt Lake City in 2002, would depict two female hockey teammates in mutual admiration of the win against a background of a maple leaf. The third design, representing Cindy Klassen’s win of five medals in Turin in 2006, would depict a silhouette of speed skater Cindy Klassen surrounded by five bands illustrative of her five medals against a background of a maple leaf.
The Olympic Coin Program is in direct support of the 2002 Multi-Party Agreement made by three levels of government, the national Olympic and Paralympic Committees and the Bid Corporation. This agreement includes a Canadian government commitment to “cooperate … on matters relating to an Olympic Coin Program which may be developed in Canada for the purpose of celebrating the games.” A copy of the 2002 Multi-Party Agreement is available at the following site: www.canada2010.gc.ca/role/gc/020102MPA-eng.cfm.
Based on the seigniorage that previous Olympic coin programs have generated, this program is expected to produce approximately $600,000 in seigniorage. Additional products featuring the circulation coin will also be launched and are expected to generate additional revenue for the Mint. Seigniorage is the revenue to the Government of Canada from the issue of circulation coins and is equal to the difference between the face value of the coins and the cost to produce, distribute, advertise and promote them.
Consultation
The form of consultation used in this program was via an independent voting panel who selected the list of Canada’s top 10 Olympic moments, and then via the Top 10 Canadian Olympic Winter Moments contest which ran from February 12 to March 25, 2009. The Royal Canadian Mint and Canada’s Olympic Broadcast Media Consortium invited Canadians to celebrate Canada’s history at the Olympic Winter Games by voting on the Top 10 Canadian Olympic Winter Moments of all time. From these, the top three most popular moments were selected for depiction on coins.
Canada’s Olympic Broadcast Media Consortium is a relationship between media conglomerates CTV Inc. and Rogers Media Inc., which together will provide coverage and consumer choice in English, French and multi-languages on multiple platforms for the Vancouver 2010 Olympic Winter Games and the London 2012 Olympic Summer Games. Official brands include CTV, TSN, RDS, RIS Info-Sports, Rogers Sportsnet, OMNI, OLN, TQS, APTN, ATN, MuchMusic, CTVOlympics.ca, RDSolympiques.ca, The Globe and Mail and select Rogers radio stations across the country.
Implementation, enforcement and service standards
Leading up to the Vancouver 2010 Olympic and Paralympic Winter Games, the first coin would enter into circulation in September 2009, with the second and third coins being launched in November and December 2009 respectively. The coins would be distributed through financial institutions and Olympic partners such as RBC and Petro Canada.
Contact
Marguerite F. Nadeau, Q.C.
Vice-President
General Counsel & Corporate Secretary
Corporate and Legal Affairs
Royal Canadian Mint
320 Sussex Drive
Ottawa, Ontario
K1A 0G8
Telephone: 613-993-1732
Fax: 613-990-4665
Email: nadeau@mint.ca
Footnote a
S.C. 1999, c. 4, s. 3
Footnote b
S.C. 1999, c. 4, s. 3
Footnote c
R.S., c. R-9
Footnote d
SOR/2000-161, s. 2
NOTICE:
The format of the electronic version of this issue of the Canada Gazette was modified in order to be compatible with extensible hypertext markup language (XHTML 1.0 Strict).