Issuance of two $2 circulation coins with a design commemorating the 75th anniversary of the end of the Second World War: SOR/2019-179

Canada Gazette, Part II, Volume 153, Number 12

Registration

SOR/2019-179 June 3, 2019

ROYAL CANADIAN MINT ACT

Issuance of two $2 circulation coins with a design commemorating the 75th anniversary of the end of the Second World War

P.C. 2019-615 May 31, 2019

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 6.4 footnote a and 6.5footnote 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 $2 commemorative circulation coins marking the 75th anniversary of the end of the Second World War. The two $2 coins would have one shared design that would be produced in coloured and non-coloured versions.

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 engage the Canadian public.

Objective

The objective of this Order is to authorize the RCM to produce two $2 commemorative circulation coins marking the 75th anniversary of the end of the Second World War. These coins would foster remembrance and serve as tangible keepsakes of the contributions and sacrifices of those who served Canada.

Description

The two $2 coins would feature the same design in a coloured and a non-coloured version. The design would depict a “V” overlaid by a flaming torch. The words “VICTORY” and “VICTOIRE” appear on the outer rim, as does a banner including the words “REMEMBER” and “SOUVENIR,” with inscriptions in Morse code reading “WE WIN WHEN WE WORK WILLINGLY” above and below “VICTORY” and “LA BONNE VOLONTÉ EST GAGE DE VICTOIRE” above and below “VICTOIRE.”

Regulatory development

Consultation

This Order has been exempted from prepublication because coin designs do not have a regulatory or legislative impact on the Canadian public. However, the RCM welcomes the public to submit ideas for coin themes and designs through its website.

Quantitative market research was conducted with a nationally representative sample in Canada with results suggesting broad support for the coin.

Modern treaty obligations and Indigenous engagement and consultation

Constitutional and modern treaty implications were considered and none have been identified.

Instrument choice

Pursuant to sections 6.4 and 6.5 of the Royal Canadian Mint Act (the Act), the Governor in Council may, by order, authorize the issuance 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. This Order is the only instrument choice available under the Act to authorize the issuance of circulation coins and approve their design.

Regulatory analysis

Costs and benefits

These coins would commemorate the sacrifices of all those who contributed to the war effort, in order to foster remembrance among Canadians on the occasion of the 75th anniversary of the end of the Second World War.

As 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 commemoration events and activities. Coins would be distributed through financial institutions with a portion reserved for coin exchanges.

Small business lens

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

“One-for-One” Rule

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

Regulatory cooperation and alignment

This Order is not related to a work plan or commitment under a formal regulatory cooperation forum.

Strategic environmental assessment

In accordance with The Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals, a preliminary scan concluded that a strategic environmental assessment is not required.

Gender-based analysis plus

No gender-based analysis plus (GBA+) impacts have been identified for this Order.

Implementation, compliance and enforcement, and service standards

There are no compliance and enforcement requirements associated with this Order. Launch event tactics are determined with federal and community partners but may include some or all of the following: a national multimedia advertising campaign, news releases, a public launch event, media relations outreach, 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