Highlights

  • The CITT is investigating the dumping of rebar from Bulgaria, Thailand, and the UAE, and a complaint about an unfair procurement process by the Department of Canadian Heritage.
  • The CITT continues its investigation into the dumping and subsidizing of cold-rolled steel from China, Korea, and Vietnam.
  • The CRTC has posted applications for broadcasting license renewals and amendments, with public comment deadlines in October 2024.
  • The Public Service Commission of Canada has allowed two federal employees to run for municipal council positions.
  • The Minister of the Environment and the Minister of Health have assessed a substance as toxic and set specific conditions for its use and disposal.
  • The Superintendent of Financial Institutions has set the basic rate for pension plan assessments for the upcoming Office year.
  • The Government of Canada is seeking diverse candidates for various Governor in Council positions.
  • BNY Trust Company of Canada plans to reduce its common share capital by up to $26.5 million, pending approval from the Superintendent of Financial Institutions.

CITT Investigates Rebar Dumping and Procurement Complaint, CRTC Reviews Broadcasting Licenses, Public Service Commission Approves Federal Employees’ Candidacies

The Canadian International Trade Tribunal (CITT) has initiated an inquiry into the dumping of hot-rolled deformed steel concrete reinforcing bar (rebar) from Bulgaria, Thailand, and the United Arab Emirates. The inquiry will determine if the dumping has caused or threatens to cause injury to the Canadian industry. Interested parties must file participation forms by October 1, 2024, and a hearing will commence on December 9, 2024.

The CITT is also investigating a complaint from the Institut du Nouveau Monde regarding an allegedly unfair procurement process by the Department of Canadian Heritage for the development of the second State of Youth Report.

Additionally, the CITT has continued its finding on the dumping and subsidizing of cold-rolled steel from China, Korea, and Vietnam, originally determined in 2018.

The Canadian Radio-television and Telecommunications Commission (CRTC) has posted several applications for renewal or amendment of broadcasting licenses and notices of consultation on its website, with deadlines for public comments in October 2024.

The Public Service Commission of Canada has granted permission to two federal employees, Sabrina Girard and Matthew Standish, to run for municipal council positions in Quebec and New Brunswick, respectively, in upcoming by-elections. [Source]

Regulations on Quaternary Ammonium Compounds and Pension Plan Assessment Rate Announcement

The Minister of the Environment and the Minister of Health have assessed a substance known as quaternary ammonium compounds, plant-based alkylethylbis(hydroxyethyl), Et sulfates (salts), and suspect it to be toxic under the Canadian Environmental Protection Act, 1999. The Minister of the Environment permits its manufacture or import under specific conditions:

  1. The substance can only be used as an antistatic agent for fiberglass and plastics.
  2. The notifier must inform the Minister of the Environment 120 days before manufacturing in Canada, providing detailed information about the manufacturing process, transportation, storage, and disposal methods.
  3. Waste and containers must be thoroughly rinsed and either incorporated into antistatic formulations or disposed of by incineration or in an engineered hazardous waste landfill.
  4. Any environmental release must be immediately contained and reported to the Minister of the Environment.
  5. The notifier must inform any person receiving the substance of these conditions and obtain written confirmation of their compliance.
  6. Detailed records of the substance’s use, quantity, distribution, and disposal must be maintained for at least five years.

Additionally, the Superintendent of Financial Institutions has set the basic rate for the assessment of pension plans at $12.00 for the Office year starting April 1, 2025. The Government of Canada is also seeking diverse and talented individuals for various Governor in Council positions, emphasizing a commitment to diversity, inclusion, and a healthy, respectful workplace. Current opportunities include positions at the Bank of Canada, Canada Deposit Insurance Corporation, Canada Industrial Relations Board, and many other organizations. [Source]

BNY Trust Company of Canada Seeks Approval for $26.5 Million Capital Reduction

BNY Trust Company of Canada plans to seek approval from the Superintendent of Financial Institutions (Canada) to reduce the stated capital of its common shares by up to $26.5 million. This decision follows a special resolution passed by the company’s sole shareholder on September 12, 2024. The reduction will be distributed to the sole shareholder, and the company’s Chief Financial Officer will determine the exact amount within the authorized limit. The directors and officers are authorized to apply for the necessary approval and to execute any required documents to implement this resolution. The notice clarifies that publication does not guarantee approval for the capital reduction. [Source]

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