Vol. 150, No. 12 — June 15, 2016
SOR/2016-122 June 3, 2016
ROYAL CANADIAN MINT ACT
Order Authorizing the Issue of a Two Dollar Circulation Coin Specifying the Characteristics and Determining the Design
P.C. 2016-425 June 3, 2016
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 6.4 (see footnote a) and 6.5 (see footnote b) of the Royal Canadian Mint Act (see footnote c), authorizes the issue of a two dollar circulation coin, the characteristics of which are to be as specified in item 1.1 (see footnote d) 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 that coin to be as follows:
- (a) the obverse impression is to depict, on the inner core of the coin, 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, on the outer ring, a maple leaf at the top of the coin and starting to the right of the maple leaf and going clockwise are to appear the inscriptions “D•G•REGINA”, “2 DOLLARS”, “CANADA” and “ELIZABETH II”; and
- (b) the reverse impression is to depict, on the inner core and overlapping onto the outer ring, an image of a sailor manning an anti-aircraft gun on the deck of a Canadian warship during World War II with two Merchant Navy ships and a Bristol Beaufighter aircraft in the background, and on the outer ring, the artist’s initials “YB” to the right of the design, two virtual images of a maple leaf between two lines at the top of the coin and two lasermark maple leaves, each within a circle, at the bottom of the coin with the inscriptions “REMEMBER” appearing to the left of the left-hand circle, “2016” appearing in the middle of the two circles and “SOUVENIR” appearing to the right of the other circle; the inscriptions “CANADA” and “2 DOLLARS” with a maple leaf before and after the word “CANADA” are to appear on the edge of the coin.
REGULATORY IMPACT ANALYSIS STATEMENT
(This statement is not part of the Order.)
The Royal Canadian Mint (RCM) wishes to produce a commemorative $2 circulation coin honouring Canada’s veterans on the occasion of the 75th anniversary of Canada’s leadership role in the Battle of the Atlantic (Second World War). 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.
The RCM produces commemorative circulation coins as a means to assist in the promotion of Canada, Canadian values, culture and history to Canadians. These special coins raise awareness of celebrations and anniversaries of importance to Canadians and create engagement with the Canadian public.
The RCM wishes to produce a commemorative $2 circulation coin in honour of Canada’s veterans on the occasion of the 75th anniversary of Canada’s leadership role in the Battle of the Atlantic (1939–1945). This coin will communicate the contributions and sacrifices of our veterans in order to facilitate remembrance among Canadians. It will inform and educate Canadians about the meaning, significance and relevance of Canada’s military history. These coins serve as tangible keepsakes of the contributions and sacrifices of our veterans.
This Order authorizes the RCM to produce a commemorative $2 circulation coin depicting a sailor manning an anti-aircraft gun on the deck of a Canadian warship during the Second World War. In the background are two Merchant Navy ships that are part of the same convoy and a Canadian-made Bristol Beaufighter aircraft.
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.
The 75th anniversary of the Second World War has been identified as a key nation-building milestone by the Interdepartmental Commemorations Committee (ICC) — chaired by the Department of Canadian Heritage — which manages the Government of Canada commemorative priorities. Under the ICC purview, this anniversary has been identified as a priority commemoration by the Government of Canada.
Because these coins are available at face value and circulate 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.
All coins will be distributed through financial institutions.
Corporate and Legal Affairs and Corporate Secretary
Corporate and Legal Affairs
Royal Canadian Mint
320 Sussex Drive