Issuance of two $2 Commemorative circulation coins with design honouring the 100th Anniversary of Armistice (End of the First World War): SOR/2018-127

Canada Gazette, Part II, Volume 152, Number 14

Registration

June 22, 2018

ROYAL CANADIAN MINT ACT

Issuance of two $2 Commemorative circulation coins with design honouring the 100th Anniversary of Armistice (End of the First World War)

P.C. 2018-843 June 21, 2018

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 6.4 footnote a and 6.5 footnote a of the Royal Canadian Mint Act footnote b, authorizes the issue of two two-dollar circulation coins, the characteristics of which are to be as specified in item 1.1 footnote c of Part 2 of the schedule to that Act and the diameter of which is to be 28.03 mm, and determines the design of those coins to be as follows:

REGULATORY IMPACT ANALYSIS STATEMENT

(This statement is not part of the Order.)

Issues

The Royal Canadian Mint (RCM) wishes to produce two commemorative $2 circulation coins honouring the 100th Anniversary of Armistice. The two $2 coins will have one shared design, which will be produced in coloured and non-coloured versions. 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 of that Act and determine the design of any circulation coin to be issued.

Background

The RCM produces commemorative circulation coins as a means to assist in the promotion of Canada, and Canadian values, culture and history. These special coins raise awareness of subjects, stories, and events of importance to Canadians and create engagement with the Canadian public.

Objectives

The objective of this Order is to authorize the RCM to produce two $2 commemorative circulation coins honouring the 100th Anniversary of Armistice (end of the First World War). These coins serve as tangible keepsakes of the contributions and sacrifices of all those who have served in Canada’s armed forces in order to foster remembrance among Canadians.

Description

The design will depict a Canadian First World War soldier’s helmet as a symbol of the contributions and sacrifices of our veterans. It will also depict a prominent, natural-looking poppy, as well as two other poppies on the outer rim. Between the poppy and the soldier’s helmet will be the word “ARMISTICE.” A banner below the poppy will feature the words “REMEMBER” and “SOUVENIR.”

“One-for-One” Rule

This Order does not impose new administrative costs on business. Therefore, the “One-for-One” Rule does not apply.

Small business lens

This Order does not impose new administrative or compliance costs on small business. Therefore, the small business lens does not apply.

Rationale

These coins will communicate the contributions and sacrifices of our veterans in order to foster remembrance among Canadians on the occasion of the 100th Anniversary of Armistice.

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 contribute to the overall success of the event being commemorated.

Coins will be distributed through financial institutions with a portion reserved for coin exchanges.

Contact

Simon Kamel
Vice-President, General Counsel and 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: kamel@mint.ca