Vol. 132, No. 35 — August 29, 1998

GOVERNMENT NOTICES

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT

Notice is hereby given that, pursuant to the provisions of Part VI of the Canadian Environmental Protection Act, the conditions of Permit No. 4543-2-03187 are amended as follows:

9. Total Quantity to be Dumped: Not to exceed 19 000 m³.

J. B. WILSON
Environmental Protection
Pacific and Yukon Region

[35-1-o]

DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT

Notice is hereby given that, pursuant to the provisions of Part VI of the Canadian Environmental Protection Act, Permit No. 4543-2-03208 is approved.

1. Permittee: Pacifica Papers Inc., Powell River, British Columbia.

2. Type of Permit: To dump or load dredged material.

3. Term of Permit: Permit is valid from September 9, 1998, to September 8, 1999.

4. Loading Site(s): Pacifica Paper Inc. Pulp and Paper Mill Site, Powell River, British Columbia, at approximately 49°52.00' N, 124°33.00' W.

5. Dump Site(s): Malaspina Strait Disposal Site, 49°45.00' N, 124°27.00' W, at a depth of not less than 320 m.

The following position fixing procedures must be followed to ensure disposal at the designated dump site:

(i) The vessel must call the Vancouver Vessel Traffic Management (VTM) Centre on departure and inform VTM that it is heading for a disposal site,

(ii) Upon arrival at the disposal site, and prior to dumping, the vessel must again call VTM to confirm its position. Dumping can proceed if the vessel is on the disposal site. If the vessel is not within the disposal site boundaries, VTM will direct it to the site and advise that dumping can proceed, and

(iii) The vessel will inform VTM when dumping has been completed prior to leaving the disposal site.

6. Route to Dump Site: Direct.

7. Method of Loading and Dumping: Loading by clamshell dredge with disposal by bottom dump scow or end dumping.

8. Rate of Dumping: As required by normal operations.

9. Total Quantity to be Dumped: Not to exceed 25 000 m³.

10. Material to be Dumped: Dredged material and other approved materials typical of the loading site.

11. Requirements and Restrictions: The Permittee must notify the permit issuing office before commencement of the project as to the dates on which the loading or ocean disposal will occur.

The Permittee must ensure that all contractors involved in the loading or dumping activity for which the permit is issued are made aware of any restrictions or conditions identified in the permit and of the possible consequences of any violation of these conditions. A copy of the permit and the letter of transmittal must be carried on all towing vessels and loading platforms or equipment involved in ocean dumping activities.

Contact must be made with the Canadian Coast Guard regarding the issuance of a "Notice of Shipping". The Permittee should contact the District Manager, Canadian Coast Guard, Vessel Traffic Services, Kapilano 100 Building, Room 1205, 100 Park Royal S, West Vancouver, British Columbia V7T 1A2, (604) 666-8453 (Facsimile).

Any inspector designated pursuant to subsection 99(1) of the Canadian Environmental Protection Act shall be permitted to mount an electronic tracking device on any vessel that is engaged in the ocean disposal activities authorized by this permit. The Permittee shall take all reasonable measures to ensure there is no tampering with the tracking device and no interference with its operation. The tracking device shall be removed only by an inspector or by a person with the written consent of an inspector.

The Permittee must submit to the Regional Director, Environmental Protection, within 30 days of the expiry of the permit, a list of all work completed pursuant to the permit, the nature and quantity of material disposed of and the dates on which the activity occurred.

J. B. WILSON
Environmental Protection
Pacific and Yukon Region

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DEPARTMENT OF THE ENVIRONMENT

CANADIAN ENVIRONMENTAL PROTECTION ACT

Notice is hereby given that pursuant to the provisions of Part VI of the Canadian Environmental Protection Act, Permit No. 4543-2-05936 is approved.

1. Permittee: Smith Seafoods Ltd., Chance Cove, Newfoundland.

2. Type of Permit: To dump or load fish offal.

3. Term of Permit: Permit is valid from August 31, 1998, to August 30, 1999.

4. Loading Site(s): 47°40.80' N, 53°49.50' W, Chance Cove, Newfoundland.

5. Dump Site(s): 47°41.50' N, 53°49.00' W, at an approximate depth of 45 m.

6. Route to Dump Site: Most direct navigational route from the loading site to the dump site.

7. Equipment: Vessels, barges or other floating equipment complying with all applicable rules regarding safety and navigation and capable of containing all waste cargo during loading and transit to the approved dump site.

8. Method of Dumping: Direct release.

9. Rate of Dumping: As required by normal operations.

10. Total Quantity to be Dumped: Not to exceed 1 000 tonnes.

11. Material to be Dumped: Fish offal.

12. Requirements and Restrictions: It is required that the Permittee report, in writing, to Mr. Rick Wadman, Environmental Protection Branch, Environment Canada, 6 Bruce Street, Mount Pearl, Newfoundland A1N 4T3, (709) 772-5097 (Facsimile), at least 48 hours prior to the start of the first dumping operation to be conducted under this permit.

A written report shall be submitted to Mr. Rick Wadman, Environmental Protection Branch, within 30 days of either the completion of the work or the expiry of the permit, whichever comes first. This report shall contain the following information: the quantity and type of material disposed of pursuant to the permit and the dates on which the loading and dumping activities occurred.

It is required that the Permittee admit any inspector designated pursuant to subsection 99(1) of the Canadian Environmental Protection Act, to any place, ship, aircraft, platform or anthropogenic structure directly related to the loading or ocean dumping referred to under this permit, at any reasonable time throughout the duration of this permit.

The dump site must be marked and all dumping must take place within 100 m of the dump site marker.

The loading and transport of waste material to the dump site must be conducted in such a manner that no material enters the marine environment. Waste material spilled at any place other than the permitted dump site, must be retrieved. All waste must be contained on shore while the barge is away from the loading site.

The fish offal must be covered by netting or other material to prevent access by gulls.

This permit must be displayed in an area of the plant accessible to the public.

Vessels operating under the authority of this permit must carry and display a radar-reflecting device at all times mounted on the highest practical location.

The loading or ocean dumping conducted under this permit shall not be carried out without written authorization from the Permittee.

Fish offal loaded for the purpose of ocean dumping may not be held aboard any vessel for more than 96 hours without the written consent of an inspector designated under the Canadian Environmental Protection Act.

K. G. HAMILTON
Environmental Protection
Atlantic Region

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DEPARTMENT OF HEALTH

FOOD AND DRUGS ACT

Food and Drug Regulations — Amendment

Deletion of Minoxidil 2 percent topical solution from Schedule F of the Food and Drug Regulations

Deletion of Hereditary Androgenetic Alopecia from Schedule A to the Food and Drugs Act

This notice is to provide the public with an opportunity to comment on a proposal to amend Schedule F of the Food and Drug Regulations and Schedule A to the Food and Drugs Act.

The proposed amendment will remove minoxidil topical solution in concentrations of 2 percent (20 mg of minoxidil per 1 millilitre of solution) or less from Schedule F of the Food and Drug Regulations. Schedule F lists drugs that are required under Federal legislation to be sold on prescription.

This proposal will also amend Schedule A to the Food and Drugs Act to exclude hereditary androgenetic alopecia (male pattern baldness). Schedule A lists diseases, disorders or abnormal states for which, under subsection 3(1) of the Food and Drugs Act, treatments, preventatives or cures cannot be advertised or sold to the general public.

Minoxidil is indicated for the "Treatment of male pattern baldness". The maximum daily dose of minoxidil 2 percent topical solution is limited to 2 mL.

Rationale for the change in status — Schedule F

— Schedule F unnecessarily restricts the availability of this drug to the public.

— The evaluation of the known pharmacological and toxicological properties, reported adverse drug reactions and available literature submitted by a distributor of minoxidil, resulted in a favourable benefit/risk review.

— In Canada minoxidil 2 percent topical solution has been marketed as a prescription hair loss treatment drug for men since 1986. This drug is now available in 69 countries, and is available without a prescription in 31 countries, including the United States, the United Kingdom, and numerous countries in Europe.

Rationale for the change in status — Schedule A

— Physiologically, hereditary androgenetic alopecia is not a disease, disorder or abnormal state. Other forms of alopecia, however, can be a symptom of a variety of serious systemic diseases or toxicities. For these, consultation with medical professionals is encouraged. Therefore, other forms of alopecia will be retained in Schedule A to the Food and Drugs Act.

Alternatives

— Listing minoxidil 2 percent in Schedule F restricts its distribution by requiring a prescription. The rationale above does not support maintaining prescription status for this drug. The status quo is therefore unacceptable.

The recommendation that non-prescription status is appropriate was made by the Therapeutic Products Programme and based on established and publicly available criteria (Health Protection Branch Information Letter No. 781 — June 28, 1990).

— Listing alopecia in Schedule A restricts the advertising for treatment of hereditary androgenetic alopecia (male pattern baldness), which is not considered to be a disease, disorder or abnormal state.

This condition also does not require the intervention of a medical professional and its self-diagnosis and treatment is considered to be safe. Under current regulatory requirements advertisements and labelling claims referencing any form of alopecia are in violation of subsection 3(1) of the Act.

The removal of hereditary androgenetic alopecia from Schedule A to the Food and Drugs Act will permit its promotion on hair loss treatment drugs to the general public.

This proposed amendment will impact on the following sectors:

— Public

The removal of the prescription requirement for minoxidil 2 percent topical solution will provide the public with easier access to the product and the added convenience of self-medication.

Product labels will be required to bear appropriate directions and cautionary statements respecting the product's safe and proper use. This will provide the public with additional safety information.

The public will be required to pay directly for the product, which may have previously been covered by prescription drug insurance plans.

— Pharmaceutical Industry

The Food and Drug Regulations limits the advertising of Schedule F drugs for human use to name, quantity and price. Subsection 3(1) of the Food and Drugs Act restricts advertising of treatments, preventatives and cures for those diseases, disorders or abnormal states, which are listed in Schedule A. This amendment will provide distributors of minoxidil 2 percent topical solution with more market flexibility.

Once this initiative comes into effect, minoxidil 2 percent topical solution can no longer be sold with prescription labelling. Notice of this change in regulatory status has been communicated to the pharmaceutical industry through a mailing as well as through this publication. The mailings to the associations and affected distributors included a draft labelling standard to assist in revising product labels. This will allow all distributors of minoxidil 2 percent topical solution sufficient time to obtain approval of their labelling change to market their products as non-prescription drugs prior to this deregulation becoming effective.

— Provincial Health Care System

A switch to non-prescription status may lead to lower costs for publicly funded drug benefit plans since most provinces have decided not to cover the cost of non-prescription drugs. As well, there may be a reduction in physician visits for the purposes of obtaining a prescription, leading to lower physician costs.

Direct notice of this regulatory proposal was also provided to the Deans of Pharmacy, Registrars of Medicine and Pharmacy, Provincial Ministries of Health, Medical and Pharmacy licensing bodies and Deputy Ministers of Health. This provides all stakeholders with a 45-day comment period. This proposal is also listed in the Therapeutic Products Programme Web site under "Drugs, Schedule Amendments, Early Consultation, Schedule 1106":

http://www.hc-sc.gc.ca/hpb-dgps/therapeut

The Therapeutic Products Programme will evaluate the comments and proceed with a proposal to amend the Regulations. The effective date of this regulatory initiative is targeted for spring 1999. This effective date will provide a three month delayed implementation from the publication in the Canada Gazette, Part II. This will allow manufacturers sufficient time to prepare for the product being introduced into the non-prescription drug market. Distributors that are currently marketing minoxidil 2 percent topical solution will be notified of the intended effective date prior to the publication in the Canada Gazette, Part II.

Comments on this notice may be sent to Karolyn Lui, Policy Division, Bureau of Policy and Coordination, Therapeutic Products Programme, Health Protection Building, Address Locator 0702B1, Tunney's Pasture, Ottawa, Ontario K1A 0L2, or by Internet at karolyn_lui@hc-sc.gc.ca.

Comments must be received within 45 days of publication of this notice. All comments should cite the Canada Gazette, Part I, and the date of the publication of this notice.

August 21, 1998

DANN M. MICHOLS
Director General
Therapeutic Products Programme

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DEPARTMENT OF INDUSTRY

OFFICE OF THE REGISTRAR GENERAL

Appointments

Name and Position	Order in Council
Cowan, The Hon. John Caldwell	1998-1368
Government of British Columbia
Administrator
August 17 and 18, 1998
Green, Ian C.	1998-1340
Privy Council Office
Deputy Secretary to the Cabinet (Operations)
Goodleaf, Dan	1998-1359
Millennium Bureau of Canada
Deputy Head
Millennium planning and activities
Deputy of the Deputy Prime Minister and Minister of State
Hardy-Lemieux, Suzanne	1998-1332
Superior Court for the District of Quebec in the Province of Quebec
Puisne Judge
Smith, The Hon. Heather J.	1998-1336
Government of Ontario
Administrator
August 21 to 24, 1998
Tobin, Edmund E.	1998-1338
Canada Labour Relations Board
Vice-Chairman
Wallace, Dennis	1998-1342
Department of Indian Affairs and Northern Development
Associate Deputy Minister

[35-1-o]

DEPARTMENT OF NATIONAL REVENUE

The following notice of proposed revocation was sent to the charities listed below:

"Notice is hereby given, pursuant to paragraph 168(1)(a) of the Income Tax Act, that I propose to revoke the registration of the charities listed below and that by virtue of paragraph 168(2)(a) thereof, the revocation of the registration is effective on the date of publication of this notice in the Canada Gazette."

Registration Number*	Business Number	Name/Address
0003228-46	889018594RR0001	RELIGIEUX DU TRÈS-SAINT-SACREMENT D'ALMA, ALMA (QUÉ.)
0027029-30	890280241RR0001	CHURCH OF ST. JOHN THE DIVINE, VERDUN, QUE.
0044081-10	106980451RR0001	CORPORATION DE L'HÔPITAL REDDY MEMORIAL/REDDY MEMORIAL HOSPITAL CORPORATION, WESTMOUNT (QUÉ.)
0118711-44	119121598RR0001	ROBERTSON MEMORIAL UNITED CHURCH, WINNIPEG, MAN.
0120683-44	119118503RR0001	RICETON UNITED CHURCH, RICETON, SASK.
0132506-44	891066243RR0001	ST. LAWRENCE UNITED CHURCH, LASALLE, QUE.
0154765-31	108067562RR0001	TEMPLE BAPTIST CHURCH, BRANTFORD, ONT.
0211029-39	118917699RR0001	FIRST CHURCH OF CHRIST, SCIENTIST, ST. JOHN, N.B.
0213520-05	118899814RR0001	EMPLOYEES' WELFARE SERVICE FUND OF DYMENT LIMITED, TORONTO, ONT.
0279125-47	119099141RR0001	PRESBYTERIAN WOMEN'S MISSIONARY SOCIETY, WESTERN DIVISION, PRESCOTT EVENING AUXILIARY, ELIZA DOWSLEY, ST. ANDREW'S PRESBYTERIAN CHURCH, PRESCOTT, ONT.
0376855-09	890298060RR0001	FONDATION DU QUÉBEC POUR INDIENS ET ESQUIMAUX/QUEBEC FOUNDATION FOR INDIANS AND ESQUIMOS, MONTRÉAL (QUÉ.)
0396457-11	130259344RR0001	THE WEST KOOTENAY CEREBRAL PALSY ASSOCIATION, TRAIL, B.C.
0481267-49	892192840RR0001	THE SECOND MILE, HANTSPORT, N.S.
0482968-57	107490138RR0001	HOPE HAVEN HOMES, HAMILTON, ONT.
0495143-80	887141596RR0001	CANADIAN SPORT COUNCIL/CONSEIL CANADIEN DU SPORT, GLOUCESTER, ONT.
0502229-20	118867852RR0001	COLLÈGE DE SECRÉTARIAT NOTRE-DAME/NOTRE-DAME SECRETARIAL COLLEGE, MONTRÉAL (QUÉ.)
0518605-29	118966076RR0001	IAESTA (CANADA), KINGSTON, ONT.
0527481-49	888904240RR0001	HOUSE OF THE COVENANT, OTTAWA, ONT.
0527853-47	108080128RR0001	THE EARLY CHRISTIAN REVIVAL MINISTRY, RENFREW, ONT.
0580720-21	108202219RR0001	WESTMINSTER INSTITUTE FOR ETHICS AND HUMAN VALUES, LONDON, ONT.
0586800-15	118927003RR0001	FOOD & NUTRITION RESEARCH FOUNDATION-LA FONDATION POUR LA RECHERCHE EN NUTRITION ET ALIMENTATION, MONTRÉAL, QUE.
0670026-21	118845684RR0001	CENTRE DE FORMATION À LA VIE CÔTE-NORD INC., BAIE-COMEAU (QUÉ.)
0676874-10	107491201RR0001	HÔPITAL LA VISITATION, MONTRÉAL (QUÉ.)
0686907-13	119120798RR0001	RIVERSIDE HOSPITAL OF OTTAWA FOUNDATION, OTTAWA, ONT.
0688127-11	886612399RR0001	SPORTS MEDICINE AND SCIENCE COUNCIL OF CANADA, CONSEIL CANADIEN DES SCIENCES ET DE LA MÉDECINE DU SPORT, GLOUCESTER, ONT.
0712984-38	886571199RR0001	PARISH OF ST. BRENDAN'S, HALIFAX, N.S.
0718502-31	118918515RR0001	FIRST NATIVE BAPTIST CHURCH, REGINA, REGINA, SASK.
0742940-22	888097193RR0001	SAUGEEN MUSICAL SOCIETY INC., HANOVER, ONT.
0743138-29	119299469RR0001	WINCHESTER & DISTRICT COMPUTER DEN, WINCHESTER, ONT.
0756171-25	118888007RR0001	DR. A. DANYLCHUK MEMORIAL FUND, CANORA, SASK.
0759381-75	888204641RR0001	CANADIAN FORCES BASE EDMONTON EMPLOYEES' CHARITY TRUST, EDMONTON, ALTA.
0783688-39	118817097RR0001	BRANTFORD WOODMAN PARK COMMUNITY CENTRE CHRISTADELPHIAN ECCLESIA, BRANTFORD, ONT.
0797936-34	132154675RR0037	CHINESE GOSPEL FELLOWSHIP, BURNABY, B.C.
0807883-20	131171795RR0001	PARTICI-PARENTS DE BONFIELD, BONFIELD (ONT.)
0855726-39	138816269RR0001	CHRISTIAN FELLOWSHIP CHURCH OF GOD, ROCKLAND, ONT.
0861617-10	893411967RR0001	CENTRE D'ACCUEIL DE SHAWINIGAN-SUD INC., SHAWINIGAN (QUÉ.)
0865691-50	107865768RR0001	THE PICTON PUBLIC LIBRARY BOARD, PICTON, ONT.
0870626-11	890835069RR0001	FRATERNITÉ ÉRIC, MONTRÉAL (QUÉ.)
0873620-22	122675283RR0001	PENNATUS PRIMUS LABORATORY THEATRE INC., WINNIPEG, MAN.
0885871-59	888204062RR0001	GLOBAL GAIA ECOLOGY NETWORK SOCIETY, VANCOUVER, B.C.
0892794-50	892229238RR0001	RIVER JOHN AND AREA HISTORICAL SOCIETY, RIVER JOHN, N.S.
0896118-23	889671251RR0001	FONDATION ÉDUCABEC, MONTRÉAL (QUÉ.)
0906685-46	892445255RR0001	COMMUNAUTÉ MANSIO VIRGO MARIA, SAINTE-ANNE-DE-BEAUPRÉ (QUÉ.)
0916213-50	891193146RR0001	THE MATTHEW HISTORICAL SOCIETY, CHETICAMP, N.S.
0921973-39	885114959RR0001	ETHIOPIAN EVANGELICAL CHURCH IN WINNIPEG INC., WINNIPEG, MAN.
0926204-59	132584400RR0001	WABAMUN AREA RECYCLING PROJECT, WABAMUN, ALTA.
0932699-57	893008243RR0001	WESTERN COUNTIES ADDICTION TREATMENT CENTRE, YARMOUTH, N.S.
0964940-09	891219545RR0001	FIFTY-PLUS OUTREACH BOARD-SENIORS' OUTREACH PROJECT, ST. JOHN'S, NFLD.
0981993-47	891280943RR0001	KINGDOM BUILDING MINISTRIES (CANADA) INC., KANATA, ONT.
0988501-34	891199861RR0001	CALGARY FAITH MENNONITE CHURCH, CALGARY, ALTA.
0994996-59	892539560RR0001	W.R.I.S.T., WORKERS' (REPETITIVE) INJURY SUPPORT TEAM, WOODSTOCK, ONT.
0997478-56	888513264RR0001	MONTREAL CARIBBEAN CARING ASSOCIATION, SAINT-LAURENT, QUE.
1024884-39	894025097RR0001	SAT GURU BABA RAM SINGH JI ASHRAM SOCIETY, VANCOUVER, B.C.
1029370-55	893177246RR0001	FRIENDS OF THE BARRIE PUBLIC LIBRARY, BARRIE, ONT.
1029867-59	890693393RR0001	HERITAGE ALIVE SOCIETY OF MEDICINE HAT, MEDICINE HAT, ALTA.
1039585-80	899504674RR0001	1996 CANADIAN SPECIAL OLYMPICS WINTER GAMES ASSOCIATION, CALGARY, ALTA.
1040377-59	899617369RR0001	BEREAVEMENT RESOURCE CENTRE OF HALTON HILLS INC., GEORGETOWN, ONT.
1043728-59	889439378RR0001	R.A.V.E.N. RESTORATIVE ACTION FOR VITAL ENVIRONMENTAL NEEDS SOCIETY, VANCOUVER, B.C.
1060888-57	892267964RR0001	ADDICTION RECOVERY SERVICES INC., HAWKESTONE, ONT.
1074947-20	106991474RR0001	CRANBROOK PRESCHOOL ASSOCIATION, CRANBROOK, B.C.
1084763-59	886359595RR0001	ALBERTA POOL CONSERVATION 2000 FOUNDATION, CALGARY, ALTA.
1086933-59	888763141RR0001	LES COMBATTANTS POUR LES PINCES DE SURVIE, SAINT-AMABLE (QUÉ.)
1115682-09	893628693RR0001	AMBASSADOR FOOD BANK OF WINDSOR INC., WINDSOR, ONT.
3000409-43	887268167RR0001	THE LONDON UNITARIAN UNIVERSALIST LIVING TREE FOUNDATION, LONDON, ONT.
3003416-39	870017431RR0001	PACIFIC SPIRIT RECOVERY CHURCH, LANGLEY, B.C.

* The charities are listed from the lowest registration number to the highest.

NEIL BARCLAY
Director Charities Division

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BANK OF CANADA

Balance Sheet as at August 12, 1998

ASSETS	amount
1. Gold coin and bullion
2. Deposits payable in foreign currencies:
(a) U.S.A. Dollars $	313,066,692
(b) Other currencies	3,567,959
Total $	316,634,651
3. Advances to:
(a) Government of Canada
(b) Provincial Governments
(c) Members of the Canadian Payments Association	438,455,000
Total	438,455,000
4. Investments
(At amortized values):
(a) Treasury Bills of Canada	12,670,665,669
(b) Other securities issued or guaranteed by Canada maturing within three years	4,963,459,194
(c) Other securities issued or guaranteed by Canada not maturing within three years	10,316,888,882
(d) Securities issued or guaranteed by a province of Canada
(e) Other Bills
(f) Other investments	2,362,726,523
Total	30,313,740,268
5. Bank premises	183,974,179
6. All others assets	375,778,607
Total $	31,628,582,705

LIABILITIES	amount
1. Capital paid up $	5,000,000
2. Rest fund	25,000,000
3. Notes in circulation	30,388,171,237
4. Deposits:
(a) Government of Canada	$ 10,719,342
(b) Provincial Governments
(c) Banks	431,691,859
(d) Other members of the Canadian Payments Association	60,502
(e) Other	253,444,675
Total	695,916,378
5. Liabilities payable in foreign currencies:
(a) To Government of Canada	153,747,761
(b) To others
Total	153,747,761
6. All other liabilities	360,747,329
Total $	31,628,582,705

Maturity distribution of investments in securities issued or guaranteed by Canada not maturing within three years (item 4(c) of above assets):	amount
(a) Securities maturing in over 3 years but not over 5 years	$	3,229,835,812
(b) Securities maturing in over 5 years but not over 10 years		4,599,785,903
(c) Securities maturing in over 10 years		2,487,267,167
	$	10,316,888,882
Total amount of securities included in items 4(a) to (c) of above assets held under purchase and resale agreements	$

I declare that the foregoing return is correct according to the books of the Bank.

W. D. SINCLAIR
Acting Chief Accountant

I declare that the foregoing return is to the best of my knowledge and belief correct, and shows truly and clearly the financial position of the Bank, as required by section 29 of the Bank of Canada Act.

G. G. THIESSEN
Governor

Ottawa, August 13, 1998

BANK OF CANADA

Balance Sheet as at August 19, 1998

ASSETS	amount
1. Gold coin and bullion
2. Deposits payable in foreign currencies:
(a) U.S.A. Dollars $	323,934,932
(b) Other currencies	3,584,742
Total $	327,519,674
3. Advances to:
(a) Government of Canada
(b) Provincial Governments
(c) Members of the Canadian Payments Association	906,757,000
Total	906,757,000
4. Investments
(At amortized values):
(a) Treasury Bills of Canada	12,693,916,980
(b) Other securities issued or guaranteed by Canada maturing within three years	4,963,308,419
(c) Other securities issued or guaranteed by Canada not maturing within three years	10,660,438,161
(d) Securities issued or guaranteed by a province of Canada
(e) Other Bills
(f) Other investments	1,344,145,841
Total	29,661,809,401
5. Bank premises	184,208,031
6. All others assets	368,871,627
Total $	31,449,165,733

LIABILITIES	amount
1. Capital paid up $	5,000,000
2. Rest fund	25,000,000
3. Notes in circulation	30,134,047,306
4. Deposits:
(a) Government of Canada $	12,866,692
(b) Provincial Governments
(c) Banks	505,535,936
(d) Other members of the Canadian Payments Association	56,994
(e) Other	291,634,222
Total	810,093,844
5. Liabilities payable in foreign currencies:
(a) To Government of Canada	163,155,566
(b) To others
Total	163,155,566
6. All other liabilities	311,869,017
Total $	31,449,165,733

Maturity distribution of investments in securities issued or guaranteed by Canada not maturing within three years (item 4(c) of above assets):	amount
(a) Securities maturing in over 3 years but not over 5 years	$	3,229,748,325
(b) Securities maturing in over 5 years but not over 10 years		4,599,636,257
(c) Securities maturing in over 10 years		2,831,053,579
	$	10,660,438,161
Total amount of securities included in items 4(a) to (c) of above assets held under purchase and resale agreements	$

I declare that the foregoing return is correct according to the books of the Bank.

W. D. SINCLAIR
Acting Chief Accountant

I declare that the foregoing return is to the best of my knowledge and belief correct, and shows truly and clearly the financial position of the Bank, as required by section 29 of the Bank of Canada Act.

G. G. THIESSEN
Governor

Ottawa, August 20, 1998

NOTICE:
The format of the electronic version of this issue of the Canada Gazette was modified in order to be compatible with extensible hypertext markup language (XHTML 1.0 Strict).