Canada Gazette, Part I, Volume 157, Number 41: GOVERNMENT NOTICES
October 14, 2023
BANK OF CANADA
PAYMENT CLEARING AND SETTLEMENT ACT
Notice of designation to Interac Corp.
Under subsection 4(1) of the Payment Clearing and Settlement Act (the “Act”), where the Governor of the Bank of Canada is of the opinion that a clearing and settlement system could be operated in a manner that poses a payments system risk, the Governor may, if the Minister of Finance is of the opinion that it is in the public interest to do so, designate the clearing and settlement system as a system that is subject to Part I of the Act.
Interac Corp. operates the Inter Member Network (IMN), which millions of Canadians rely on for their payment needs. The IMN is eligible to be designated under the Act since it has at least three participants (at least one of which is a Canadian participant and at least one of which has its head office in a jurisdiction other than the head office jurisdiction of Interac Corp.), clearing and settlement are conducted in Canadian dollars, and payment obligations that arise from clearing within the system are ultimately settled through adjustments to the accounts of participants at the Bank of Canada.
Given the significant value and volume of daily transactions, critical interdependencies, and centrality of the IMN to the Canadian retail payments landscape, a material disruption or failure raises the concern of a payments system risk, as it may cause significant adverse effect on economic activity by impairing the ability to make payments or by producing a general loss of confidence in the overall payments system.
I am of the opinion that the IMN could be operated in such a manner as to pose a payments system risk and therefore should be designated as subject to Part I of the Act. The Minister of Finance is of the opinion that it would be in the public interest to designate the IMN.
Accordingly, the IMN is hereby designated pursuant to subsection 4(1) of the Act, effective October 16, 2023.
October 5, 2023
Tiff Macklem
Governor
BANK OF CANADA
PAYMENT CLEARING AND SETTLEMENT ACT
Notice of designation to Mastercard International Inc.
Under subsection 4(1) of the Payment Clearing and Settlement Act (the “Act”), where the Governor of the Bank of Canada is of the opinion that a clearing and settlement system could be operated in a manner that poses a payments system risk, the Governor may, if the Minister of Finance is of the opinion that it is in the public interest to do so, designate the clearing and settlement system as a system that is subject to Part I of the Act.
Mastercard International Inc. operates the Global Clearing Management System and Single Message System, collectively referred to here as the “Mastercard system,” which millions of Canadians rely on for their payment needs. The Mastercard system is eligible to be designated under the Act since it has at least three participants (at least one of which is a Canadian participant and at least one of which has its head office in a jurisdiction other than the head office jurisdiction of Mastercard International Inc.), clearing and settlement for most Canadian originated transactions are conducted in Canadian dollars, and payment obligations that arise from clearing within the system are ultimately settled through adjustments to the accounts of participants at the Bank of Canada.
Given the significant value and volume of daily transactions, critical interdependencies, and centrality of the Mastercard system to the Canadian retail payments landscape, a material disruption or failure raises the concern of a payments system risk, as it may cause significant adverse effect on economic activity by impairing the ability to make payments or by producing a general loss of confidence in the overall payments system.
I am of the opinion that the Mastercard system could be operated in such a manner as to pose a payments system risk and therefore should be designated as subject to Part I of the Act. The Minister of Finance is of the opinion that it would be in the public interest to designate the Mastercard system.
Accordingly, the Mastercard system is hereby designated pursuant to subsection 4(1) of the Act, effective October 16, 2023.
October 5, 2023
Tiff Macklem
Governor
BANK OF CANADA
PAYMENT CLEARING AND SETTLEMENT ACT
Notice of designation to Visa Inc.
Under subsection 4(1) of the Payment Clearing and Settlement Act (the “Act”), where the Governor of the Bank of Canada is of the opinion that a clearing and settlement system could be operated in a manner that poses a payments system risk, the Governor may, if the Minister of Finance is of the opinion that it is in the public interest to do so, designate the clearing and settlement system as a system that is subject to Part I of the Act.
Visa Inc. operates the VisaNet system, which millions of Canadians rely on for their payment needs. The VisaNet system is eligible to be designated under the Act since it has at least three participants (at least one of which is a Canadian participant and at least one of which has its head office in a jurisdiction other than the head office jurisdiction of Visa Inc.), clearing and settlement for most Canadian originated transactions are conducted in Canadian dollars, and payment obligations that arise from clearing within the system are ultimately settled through adjustments to the accounts of participants at the Bank of Canada.
Given the significant value and volume of daily transactions, critical interdependencies, and centrality of the VisaNet system to the Canadian retail payments landscape, a material disruption or failure raises the concern of a payments system risk, as it may cause significant adverse effect on economic activity by impairing the ability to make payments or by producing a general loss of confidence in the overall payments system.
I am of the opinion that the VisaNet system could be operated in such a manner as to pose a payments system risk and therefore should be designated as subject to Part I of the Act. The Minister of Finance is of the opinion that it would be in the public interest to designate the VisaNet system.
Accordingly, the VisaNet system is hereby designated pursuant to subsection 4(1) of the Act, effective October 16, 2023.
October 5, 2023
Tiff Macklem
Governor
DEPARTMENT OF TRANSPORT
CANADA MARINE ACT
Hamilton-Oshawa Port Authority — Supplementary letters patent
WHEREAS the Governor in Council issued a Certificate of Amalgamation containing letters patent to amalgamate the Hamilton Port Authority and the Oshawa Port Authority and to continue as one port authority named the Hamilton-Oshawa Port Authority (“Authority”), effective January 18, 2019;
WHEREAS Schedule B of the letters patent describes the federal real property or federal immovables managed by the Authority;
WHEREAS the Minister of Transport (“Minister”) may transfer the management of federal real property or federal immovables under his administration to the Author-ity under subsection 44(2) of the Canada Marine Act (“Act”);
WHEREAS the Minister wishes to transfer management of federal real property described below, located in Port Colborne and Thorold, and administered by the Minister, to the Authority;
WHEREAS, pursuant to subsection 9(1) of the Act, the Minister wishes to issue, on his own initiative, supplementary letters patent to amend Schedule B of the Authority’s letters patent;
WHEREAS, pursuant to subsection 9(2) of the Act, notice of the proposed changes to the letters patent was given in writing to the board of directors of the Authority;
AND WHEREAS the Minister is satisfied that the amendment to the letters patent is consistent with the Act;
NOW THEREFORE, pursuant to subsection 9(1) of the Act, the letters patent are amended as follows:
- Schedule B of the letters patent of the Author-ity is amended by adding the following after Part 2 (Oshawa):
PART 3 (Port Colborne and Thorold) Property identification number Description Part of PIN 64457-0128 (LT) Parts 1, 2, and 3 of water lot in front of Lots 26 and 27 Concession 1 as shown on Plan 59R-16762 Part of PIN 64051-0135 (LT) Parts 1 and 2 of Lots E-E, S-S, and part of Leslie Street as shown on Plan 59R-17674 - These letters patent take effect on the date of issuance.
ISSUED this 3rd day of October, 2023.
The Honourable Pablo Rodriguez, P.C., M.P.
Minister of Transport
PRIVY COUNCIL OFFICE
Appointment opportunities
We know that our country is stronger — and our government more effective — when decision-makers reflect Canada’s diversity. The Government of Canada has implemented an appointment process that is transparent and merit-based, strives for gender parity, and ensures that Indigenous peoples and minority groups are properly represented in positions of leadership. We continue to search for Canadians who reflect the values that we all embrace: inclusion, honesty, fiscal prudence, and generosity of spirit. Together, we will build a government as diverse as Canada.
We are equally committed to providing a healthy workplace that supports one’s dignity, self-esteem and the ability to work to one’s full potential. With this in mind, all appointees will be expected to take steps to promote and maintain a healthy, respectful and harassment-free work environment.
The Government of Canada is currently seeking applications from diverse and talented Canadians from across the country who are interested in the following positions.
Current opportunities
The following opportunities for appointments to Governor in Council positions are currently open for applications. Every opportunity is open for a minimum of two weeks from the date of posting on the Governor in Council appointments website.
| Position | Organization | Closing date |
|---|---|---|
| Director | Asia-Pacific Foundation of Canada | |
| Director | Bank of Canada | |
| Chairperson | Business Development Bank of Canada | |
| Director | Business Development Bank of Canada | |
| Director | Canada Foundation for Innovation | |
| Director | Canada Foundation for Sustainable Development Technology | |
| Chairperson | Canada Mortgage and Housing Corporation | |
| Director | Canada Mortgage and Housing Corporation | |
| Director | Canada Revenue Agency | |
| Chairperson | Canadian Accessibility Standards Development Organization | |
| Director | Canadian Accessibility Standards Development Organization | |
| Director | Canadian Centre on Substance Abuse | |
| Director | Canadian Commercial Corporation | |
| Chief Executive Officer | Canadian Energy Regulator | |
| Commissioner | Canadian Energy Regulator | |
| Chief Commissioner | Canadian Grain Commission | |
| Chief Commissioner | Canadian Human Rights Commission | |
| Member | Canadian Human Rights Tribunal | |
| Member | Canadian Institutes of Health Research | |
| President | Canadian Institutes of Health Research | |
| Member | Canadian International Trade Tribunal | |
| President | Canadian Nuclear Safety Commission | |
| Member | Canadian Radio-television and Telecommunications Commission | |
| Member | Canadian Statistics Advisory Council | |
| Director | Canadian Tourism Commission | |
| Chairperson | Canadian Transportation Accident Investigation and Safety Board | |
| Member | Canadian Transportation Accident Investigation and Safety Board | |
| Member | Canadian Transportation Agency | |
| Member | Copyright Board | |
| Director | Export Development Canada | |
| Director | First Nations Financial Management Board | |
| Commissioner | First Nations Tax Commission | |
| Director (Federal) | Halifax Port Authority | |
| Member | Historic Sites and Monuments Board of Canada | |
| Clerk of the House of Commons | House of Commons | |
| Law Clerk and Parliamentary Counsel | House of Commons | |
| Dispute/Appellate Panellist | Internal Trade Secretariat — Canadian Free Trade Agreement | |
| Commissioner | International Commission on the Conservation of Atlantic Tunas | |
| Commissioner | International Joint Commission | |
| Chairperson | Military Grievances External Review Committee | |
| Vice-Chairperson | Military Grievances External Review Committee | |
| Chairperson | National Advisory Council on Poverty | |
| Member | National Advisory Council on Poverty | |
| Member (Children’s Issues) | National Advisory Council on Poverty | |
| Commissioner | National Battlefields Commission | |
| Chairperson | National Seniors Council | |
| Member | National Seniors Council | |
| Canadian Representative | North Atlantic Salmon Conservation Organization | |
| Canadian Representative | North Pacific Anadromous Fish Commission | |
| Conflict of Interest and Ethics Commissioner | Office of the Conflict of Interest and Ethics Commissioner | |
| Director of Public Prosecutions | Office of the Director of Public Prosecutions | |
| Member | Patented Medicine Prices Review Board | |
| Director | Public Sector Pension Investment Board | |
| President | Public Service Commission | |
| Principal | Royal Military College of Canada | |
| Clerk of the Senate and Clerk of the Parliaments | Senate | |
| Member | Social Sciences and Humanity Research Council | |
| Member | Standards Council of Canada | |
| Chairperson | Telefilm Canada | |
| Member | Telefilm Canada | |
| Director | VIA Rail Canada Inc. |