ARCHIVED - Office of the Superintendent of Financial Institutions Canada - Supplementary Tables

User Fee: Superintendent Non-deemed Approvals Except Deposit and Trust Agreements and Letters of Credit

S1-21 Approval to maintain a representative office of a foreign bank
S1-40 Reservation of a name
S2-02 Accreditation of a provincial reinsurer

Fee Type: Regulatory (R)
Fee-setting Authority: OSFI Act
Date Last Modified: April 28, 2006
Performance Standards ¹: 90% will be processed in less than 60 calendar days of receipt
Performance Results¹: 99% were processed in less than 60 calendar days of receipt

User Fee: Ministerial Approvals

S1-01 Letters patent of incorporation
S1-02 Letters patent of continuance
S1-03 Order permitting a foreign bank to carry on banking business in Canada
S1-04 Order approving the insuring in Canada of risks by a foreign body corporate
S1-14 Exemption from material banking group status
S1-15 Approval for a foreign bank or entity associated with a foreign bank to have a financial establishment in Canada
S1-16 Approval for a foreign bank or entity associated with a foreign bank in respect of investments and activities in Canada

Fee Type: R
Fee-setting Authority: OSFI Act
Date Last Modified: April 28, 2006
Performance Standards¹: 80% will be processed in less than 90 calendar days of receipt
Performance Results¹: 100% were processed in less than 90 calendar days of receipt

User Fee: Precedents /  Rulings / Interpretations

S2-01 Written, precedent-setting ruling relating to the quality of capital
S2-03 Written interpretation of Acts, regulations, guidelines or rulings

Fee Type: R

Fee-setting Authority: OSFI Act
Date Last Modified: August 13, 2003
Performance Standards¹: 80% will be processed in less than 180 calendar days of receipt
Performance Results¹: 96% were processed in less than 180 calendar days of receipt

User Fee: Precedents /  Rulings / Interpretations

S2-01 Written, precedent-setting ruling relating to the quality of capital
S2-03 Written interpretation of Acts, regulations, guidelines or rulings

Fee Type: R
Fee-setting Authority: OSFI Act
Date Last Modified: August 13, 2003
Performance Standards¹: 80% will be processed in less than 180 calendar days of receipt
Performance Results¹: 96% were processed in less than 180 calendar days of receipt

User Fee: Non-precedential Confirmations of Quality of Capital

S2-04 Written, non-precedent-setting confirmation of quality of capital

Fee Type: R
Fee-setting Authority: OSFI Act
Date Last Modified: August 13, 2003
Performance Standards¹: 90% will be processed in less than 60 calendar days of receipt
Performance Results¹: 97% were processed in less than 60 calendar days of receipt

User Fee: Copies of Corporate Documents and Certificates of Confirmation
S2-10 Copies of any one of the following corporate documents (per request and per body corporate): (a) a certificate of confirmation; (b) a certified copy of letters patent or of incorporation or amalgamation documents; and (c) the corporate history of a body corporate

Fee Type: Other Products and Services (O)
Fee-setting Authority: OSFI Act
Date Last Modified: August 13, 2003
Performance Standards¹: 90% will be processed within 2 business days of receipt
Performance Results¹: 100% were processed within 2 business days of receipt

User Fee: Access to Information User Fees
Fees charged for processing access requests filed under the Access to Information Act

Fee Type: O
Fee-setting Authority: Access to Information Act
Date Last Modified: 1992

Performance Standards¹: Response provided within 30 days following receipt of request; the response time may be extended pursuant to section 9 of the Access to Information Act. Notice of extension to be sent within 30 days after receipt of request. The Actprovides more details: http://laws.justice.gc.ca/en/A-1/218072.htm.

Performance Results¹: Statutory deadline of 30 days met 100% of the time

Other Information:

In July 2000, the Canada Customs and Revenue Agency ruled that most of the service charges are exempted from GST under the Excise Tax Act.

A fee is either identified as “Regulatory” (R) or “Other Products and Services” (O).  A Regulatory fee relates to an activity undertaken by a department that is integral to the effectiveness of a program and successful achievement of the program mandate requires moderating, directing, testing, or approving the actions of external parties. 

The full cost is based on the fiscal year salary levels according to collective agreements, the fiscal year Treasury Board benefit factors and OSFI’S factor for indirect costs.

1. Note: According to prevailing legal opinion, where the corresponding fee introduction or most recent modification occurred prior to March 31, 2004:

• the performance standard, if provided, may not have received parliamentary review; and
• the performance standard, if provided, may not respect all establishment requirements under the User Fee Act (e.g. international comparison; independent complaint address); and
• the performance result, if provided, is not legally subject to section 5.1 of the UFA regarding fee reductions for unachieved performance service standards may not have received parliamentary review.

1. Has the department incorporated environmental performance considerations in its procurement decision-making processes?

In progress: OSFI’s procurement needs are fairly standard (see question 2). OSFI continues to take advantage of green options in its procurement processes through the green considerations incorporated into PWGSC Standing Offers and Supply Arrangements.

2. Summary of initiatives to incorporate environmental performance considerations in procurement decision-making processes:

OSFI’s procurement needs are predominantly for commodity goods such as computers, printers, office supplies or furniture, and for informatics or other professional services including construction services.  OSFI continues to take advantage of tools such as Standing Offers and Supply Arrangements and in so doing, achieves the levels of green procurement that have been negotiated by PWGSC.

Green procurement training is part of the 2010-2011 training plans for key procurement positions.  OSFI will take advantage of opportunities identified in this training to further optimize its green procurement achievements.

3. Results achieved:

OSFI continues to capitalize on Standing Offers and Supply Arrangements negotiated by PWGSC with companies that supply environmentally preferable goods and services to optimize its green procurement.

4. Contributions to facilitate government-wide implementation of green procurement:

N/A

5. Has the department established green procurement targets?

No, however OSFI recognizes the importance of green procurement and takes advantage of opportunities such as PWGSC vehicles which already factor in green procurement.  We also endeavour to optimize the greening of procurement wherever possible through changes in our practices.  These opportunities are shared with key management and procurement services personnel.

6. Summary of green procurement targets:

N/A

7. Results achieved:

N/A