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.

Adjustment Notice – 2018

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 2018 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, 2017 is set at 0,82% 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, 2018, the adjusted fees are those appearing below.
 

The Securities Regulation, chapter V-1.1, r. 50, made under the Securities Act, chapter V-1.1, prescribes the following fees in particular.

List of annual fees and other fees payable under the Securities Act

Section

Description

2018

sec. 267 par. 1 s-par. 1

Filing a draft prospectus or a preliminary prospectus

$1,116

sec. 267 par. 1 s-par. 1

Filing a draft prospectus or a preliminary prospectus in the case of a money market mutual fund

$5,582

sec. 267 par. 1 s-par. 2

Filing a preliminary shelf prospectus

$5,582

sec. 267 par. 1 s-par. 4

Minimum amount at the time of filing a report of exempt distribution

$279

sec. 267 par. 1 s-par. 8

Filing an amendment to a prospectus

$279

sec. 267 par. 1 s-par. 8

Filing an amendment to a prospectus to increase the number or value of the securities to be distributed, payment corresponding to the surplus over the following amount

$279

sec. 267 par. 1 s-par. 9

Filing a geological report

$138

sec. 267 par. 1 s-par. 9

Filing a geological report if the report concerns more than 2 properties, fees per property

$55.75

sec. 267 par. 1 s-par. 10

Filing the information required in compliance with the second paragraph of section 12 of the Act

$112

sec. 267 par. 1 s-par. 11

Filing an escrow agreement

$558

sec. 268 par. 1 s-par. 1

In the case of a continuous distribution, the fee to be paid is equal to the amount exceeding the following amount *

$1,107

sec. 268 par. 1 s-par. 1

In the case of a continuous distribution, in the case of a money market fund, the fee to be paid is equal to the amount exceeding the following amount*

$5,537

sec. 268.1

Fee to be paid at the time of filing the report prescribed by section 94 of the Regulation is equal to the amount exceeding the following amount

$1,116

sec. 271.2 s-par. 1

Filing of the annual financial statements by the issuer which may avail itself of the simplified prospectus regime

$2,233

sec. 271.2 s-par. 2

Filing of the annual financial statements by an issuer other than the issuer mentioned in paragraph 1, but one which has a security listed on a Canadian stock exchange

$1,116

sec. 271.2 s-par. 3

Filing of the annual financial statements by the issuer not mentioned in paragraph 1 or 2

$558

sec. 271.2 s-par. 4

Filing of the annual financial statements by a mutual fund

$558

sec. 271.2 s-par. 6

Filing of the annual financial statements by an issuer not mentioned in paragraphs 1 to 4

$558

sec. 271.2 s-par. 7

Filing an application prescribed by section 69 of the Act to revoke the issuer's status as a reporting issuer or to release the issuer from its continuous disclosure obligations

$112

sec. 271.2 s-par. 9

Filing a statement of material change pursuant to section 73 of the Act

$112

sec. 271.3

Filing of the annual report by a savings and credit union

$390

sec. 271.4 par. 1 s-par. 1

Filing the bid and the take-over or issuer bid circular prescribed by regulation

$1,116

sec. 271.4 par. 1 s-par. 1

A payment equal to the surplus over the following amount of the amounts under subparagraphs (a) and (b)

$1,116

sec. 271.4 par. 1 s-par. 1.1

Filing the press release required of the person who makes a normal course issuer bid

$1,116

sec. 271.4 par. 1 s-par. 1.1

A payment equal to the surplus over the following amount of the amounts under subparagraphs (a) and (b)

$1,116

sec. 271.4 par. 1 s-par. 2

Filing the notice of change or notice of variation

$558

sec. 271.4 par. 1 s-par. 2

The surplus over the following amount of 0.02% of the additional consideration added by the amendment, on the basis given in paragraph 1

$558

sec. 271.4 par. 1 s-par. 2

Fee to be paid by the offeree issuer when filing the circular of the board of directors

$558

sec. 271.4.1

Filing the documents or the advertisement provided for under a foreign take-over or issuer bid exemption or a de minimis exemption prescribed by regulation

$1,116

sec. 271.5 par. 1 s-par. 1

Application for registration as a dealer, as an adviser or as an investment fund manager (except a mutual fund dealer or a scholarship plan dealer)

$1,675

sec. 271.5 par. 1 s-par. 1.1

Application for registration as a mutual fund dealer or a scholarship plan dealer

$55.75

sec. 271.5 par. 1 s-par. 2 a)

Application for registration as a representative of a dealer which is a member of a self-regulatory organization

$168

sec. 271.5 par. 1 s-par. 2 b)

Application for registration as a representative of an investment dealer if they are not a member of such a self-regulatory organization, or of an adviser

$418

sec. 271.5 par. 1 s-par. 2 c)

Application for registration as a representative of a dealer with a restricted practice or an exempt market dealer

$335

sec. 271.5 par. 1 s-par. 2 d)

Application for registration as a representative of a mutual fund dealer or a scholarship plan dealer

$212

sec. 271.5 par. 1 s-par. 2.1 a)

Application for registration as chief compliance officer or ultimate designated person of an investment dealer, an adviser or an investment fund manager

$418

 

sec. 271.5 par. 1 s-par. 2.1 b)

Application for registration as chief compliance officer or ultimate designated  person of a restricted dealer or an exempt market dealer

$335

sec. 271.5 par. 1 s-par. 2.1 c)

Application for registration as chief compliance officer or ultimate designated  person of a mutual fund dealer or a scholarship plan dealer

$212

sec. 271.5 par. 1 s-par. 3 a)

Annual payment on December 31 of each year in the case of an investment dealer

$1,675

sec. 271.5 par. 1 s-par. 3 b)

Annual payment for each representative, registered on December 31, of an investment dealer

$418

sec. 271.5 par. 1 s-par. 3 b)

Annual payment for each representative, registered on December 31, of an investment dealer which is a member of a self-regulatory organization

$196

sec. 271.5 par. 1 s-par. 3 c)

Annual payment for each establishment of an investment dealer

$83.75

sec. 271.5 par. 1 s-par. 4 a)

Annual payment on December 31 of each year in the case of a dealer with a restricted practice or an exempt market dealer

$1,675

sec. 271.5 par. 1 s-par. 4 b)

Annual payment for each representative, registered on December 31, of a dealer with a restricted practice or an exempt market dealer

$418

sec. 271.5 par. 1 s-par. 4 c)

Annual payment for each establishment of a dealer with a restricted practice or an exempt market dealer

$83.75

sec. 271.5 par. 1 s-par. 4.1

Annual payment on December 31 of each year in the case of a mutual fund dealer or a scholarship plan dealer, for each representative registered at the end of the financial year

$178

sec. 271.5 par. 1 s-par. 5 a)

Annual payment on December 31 of each year in the case of a securities adviser

$1,675

sec. 271.5 par. 1 s-par. 5 b)

For each representative, registered on December 31, of a securities adviser

$418

sec. 271.5 par. 1 s-par. 5.1

Annual payment on December 31 of each year in the case of an investment fund manager

$1,675

sec. 271.5 par. 1 s-par. 6 a)

At the time of the filing of Form 33-109F4 of Regulation 33-109 respecting Registration Information by or on behalf of a permitted individual who acts on behalf of an investment dealer (except if the dealer is a member of a self-regulatory organization)

$418

sec. 271.5 par. 1 s-par. 6 b)

At the time of the filing of Form 33-109F4 of Regulation 33-109 respecting Registration Information by or on behalf of a permitted individual who acts on behalf of a restricted dealer or an exempt market dealer

$335

sec. 271.5 par. 1 s-par. 6 c)

At the time of the filing of Form 33-109F4 of Regulation 33-109 respecting Registration Information by or on behalf of a permitted individual who acts on behalf  of an adviser or an investment fund manager

$418

sec. 271.5 par. 1 s-par. 8

Fee per hour per inspector with respect to the preparation of an inspection, the inspection itself and the follow-up of the recommendations

$95

sec. 271.5 par. 1 s-par. 9

Reinstatement of the registration of a representative of an exempt market dealer, a representative of a restricted dealer or a representative of an adviser

$55.75

sec. 271.5 par. 1 s-par. 11

Filing of a notice relating to the acquisition of a registrant's securities or assets under Regulation 31-103 respecting Registration Requirements and Exemptions (except in the case of a mutual fund dealer and a scholarship plan dealer)

$558

sec. 271.5.1

Fee per hour per inspector payable by any investment fund incorporated or organized under an Act that provides for an inspection

$95

sec. 271.6 s-par. 1

Application for an exemption from a requirement prescribed by the Act or a regulation

$558

sec. 271.6 s-par. 1

Application for an exemption related to a take-over or issuer bid and for an exemption from the valuation report required by regulati53

$1,116

sec. 271.6 s-par. 1.1

Application for an exemption from a requirement prescribed by the Act or a regulation in respect of a distribution

$558

sec. 271.6 s-par. 1.1

Following an exempt distribution, 0.025% of the gross value of the securities distributed in Québec, subject to an additional minimum of

$279

sec. 271.6 s-par. 1.2

Application to designate an accredited investor

$558

sec. 271.6 s-par. 2

Application to regularize a previous issue of securities prescribed by section 338.1 of the Act

$279

sec. 271.6 s-par. 4

Application prescribed by section 68 or 68.1 of the Act

$279

sec. 271.6 s-par. 5

Filing of a valuation report required by regulation

$558

* L'indexation de ce montant doit être différée d'une année puisque ce montant correspond à celui payé par l'émetteur lors du dépôt du prospectus utilisé pour le placement de ses titres au cours de son dernier exercice.