Adjustment Notice – 2017

In accordance with section 83.7 of the Financial Administration ActThis link will open in a new window, chapter A-6.001, the Minister of Finance is hereby publishing the result of the adjustment for 2017 of the fees set by the Government under the above-cited regulations, for the public services offered pursuant to the laws administered by the Autorité des marchés financiers (the “Authority” or the “AMF).

Under section 83.3 of the Financial Administration ActThis link will open in a new window, these fees are adjusted by operation of law on 1 January of each year by a rate corresponding to the annual change in the overall average Québec consumer price index without alcoholic beverages and tobacco products for the 12-month period ending on 30 September of the year preceding the year for which the fee is to be adjusted. The rate corresponding to this annual change for the 12-month period ended September 30, 2016 is set at 0,74% and is published on the website of the Ministère des FinancesThis link will open in a new window and in the Gazette officielle du Québec.

The adjusted fees are rounded off in accordance with the Regulation respecting the rounding off of adjusted feesThis link will open in a new window (chapter A-6.001, r. 01).

Therefore, as of January 1, 2017, the adjusted fees are those appearing below.
 

List of annual fees and other fees payable under Deposit Insurance Act

Section Par. S-par. Descirption 2017

42

   

Issuance of a new permit, where the permit has been damaged, lost, stolen or destroyed

$55.25

List of annual fees and other fees payable under An Act respecting insurance

Section

Par.

S-par.

Description

2017

88

   

Constitution of an insurance company

$5,537

88

   

Constitution of a mutual insurance association

$5,537

88

   

Constitution of a federation of mutual insurance associations

$5,537

88

   

Constitution of a guarantee fund

$5,537

88

   

Constitution of a fund to insure professional liability of members of a professional order governed by the Professional Code (R.S.Q., c. C-26)

$5,537

88

   

Issue of supplementary letters patent to an insurance company

$2,768

88

   

Filing of articles of amendment for an insurance company and issue of a certificate of amendment

$2,768

88

   

Amendment to the articles of a mutual insurance association and issue of a certificate of amendment

$2,768

88

   

Amendment to the articles of a federation of mutual insurance associations

$2,768

88

   

Amendment to the articles of a guarantee fund

$2,768

88

   

Amendment to the articles of a mutual benefit association

$2,768

88

   

Amalgamation or conversion of an insurance company or mutual insurance association

$2,768

88

   

Filing of articles of continuance of an insurance company and issue of a certificate of continuance under section 200.0.15, 200.0.16 or 200.6 of the Act

$2,768

88

   

Issue of a first licence to an insurance company, a mutual insurance association or a professional order

$2,768

88

   

Issue of a first licence to a mutual benefit association after amalgamation

$2,768

88

   

Issue of a licence amended to indicate the classes of insurance

$553

88

   

Examination of application and reinstatement of an insurer's licence

$2,768

88

   

True copy of an insurer's licence

$83

88

   

True copy of the appointment of a chief representative in Québec or a proxy

$83

88

   

Change in the appointment of a chief representative in Québec or a proxy

$221

88

   

Certification of a document by the AMF

$111

List of annual fees and other fees payable under An Act respecting financial services cooperatives

Fees exigible from a credit union or a federation are:

Section

Par.

S-par.

Description

2017

   

 

1

1

   
  • for an incorporation, an amalgamation, a winding-up, a dissolution, or for the revocation of a dissolution
 

$429

1

2

   
  • for the amendment or updating of articles
 

$214

1

3

   
  • for a certificate of incorporation or the correction of a certificate or for a change of address of the head office in the same judicial district
 

$62.25

1

4

   
  • for the issue of copies of documents that have been registered and of a certificate attesting thereto, and for the issue of certificates  
 

$67.75

List of annual fees and other fees payable under An Act respecting trust companies and savings companies

Sec.

Par.

S-par.

Description

2017

20

 

 

Issuance of a licence

$860