Order Authorizing the Issue of Two Two-dollar Commemorative Circulation Coins Specifying the Characteristics and Determining the Designs (The Series): SOR/2022-155

Canada Gazette, Part II, Volume 156, Number 14

Registration
SOR/2022-155 June 21, 2022

ROYAL CANADIAN MINT ACT

Order Authorizing the Issue of Two Two-dollar Commemorative Circulation Coins Specifying the Characteristics and Determining the Designs (The Series)

P.C. 2022-720 June 20, 2022

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to sections 6.4footnote 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 1.1footnote 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 the coins to be as follows:

REGULATORY IMPACT ANALYSIS STATEMENT

(This statement is not part of the Order.)

Issues

The Royal Canadian Mint (the Mint) seeks to produce two $2 commemorative circulation designs marking the 50th anniversary of the 1972 Summit Series, one of the most important and iconic moments in the history of hockey. The two $2 coins would have one shared design that would be produced in a version with colour, and a version without colour.

Background

The purpose of these coins would be to commemorate Canada’s victory over the Soviet Union (U.S.S.R.) in the 1972 Summit Series. Played through the month of September 1972, the Canada-U.S.S.R. Summit Series was a critical moment in the history of Canadian sport and culture. The Canadian and Soviet hockey teams competed in an eight-game series. Four games were played in Canada (Montreal, Toronto, Winnipeg, Vancouver) and four in Moscow. Canada’s dramatic victory in the Series required winning the last three games, and was only achieved in the final minute of play. The Series, and Canada’s victory rallied Canadians in a manner that fostered bonding and the evolution of a shared identity.

Objective

The objective of the Mint’s commemorative circulation coins is to promote Canada’s heritage, as well as Canadian values, culture and history by minting special coins that raise awareness of subjects, stories and events of importance to Canadians.

Description

The two $2 coins would feature the same design in versions with and without colour. The design would depict two members of Team Canada skating in the foreground, behind whom would appear the stylized maple leaf that appeared on the Team Canada jersey in 1972. On the outer ring of the coins are the jersey numbers of the thirty-seven team members, as well as the initials of the two coaches ’HS’ (Harry Sinden) and ’JF’ (John Ferguson). The inscriptions: ’50 YEARS/ANS’ and ’THE SERIES/LA SÉRIE’ also appear, to denote the anniversary being commemorated.

Regulatory development

Consultation

The Mint welcomes the public to submit ideas for coin themes and designs through its web site. Development of the designs for the Mint’s 2022 commemorative coin program began in early 2021.

Quantitative market research was conducted between September 7 and September 16, 2021 through an online survey sent to a nationally representative sample consisting of 2,513 respondents over the age of 18, residing in Canada. Ninety-eight per cent of respondents indicated that they like the design, suggesting broad support for the coins.

In addition, Mint officials consulted directly with the following organizations to assess their support, and seek input regarding the creation and development of the recommended design. The following organizations have indicated their support for the coins.

This Order has been exempted from pre-publication in the Canada Gazette, Part I because coin designs do not impose regulatory requirements on the Canadian public.

Modern treaty obligations and Indigenous engagement and consultation

An assessment of Modern Treaty Implications indicated that this Order would not impact Indigenous rights and/or modern treaty obligations.

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.

Regulatory analysis

Benefits and costs

The Mint would incur some program costs in issuing these new commemorative coins. No costs for Canadians, businesses, or other stakeholders are anticipated.

These coins would communicate that the 1972 Summit Series remains not only one of the most memorable moments in the history of hockey, but that it was a national rallying point that brought Canadians together from coast to coast to coast.

As commemorative coins are available at face value and circulated widely, public demand is high, with many people collecting coins and taking them out of circulation. These special circulation coin programs contribute to the overall success of federal commemorative events and activities. Coins would be distributed through financial institutions with a portion reserved for public coin exchanges.

Small business lens

The small business lens does not apply as there are no associated impacts on businesses.

One-for-one rule

The one-for-one rule does not apply as there is no impact on businesses.

Regulatory cooperation and alignment

Given that this Order authorizes the issuance of new commemorative coins, there is no regulatory cooperation or alignment component associated with it.

Strategic environmental assessment

In accordance with the Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals, a preliminary scan concluded that this Order would not result in positive or negative environmental impacts. Therefore, a strategic environmental assessment is not required.

Gender-based analysis plus (GBA+)

Through its commemorative circulation coins, the Mint has represented national milestones in the advancement of gender rights, in addition to featuring topics more broadly representative of Canadian diversity, and our shared history. Honouring the full breadth of Canada’s diversity will continue to feature prominently in the Mint’s future plans for commemorative circulation coin designs.

Implementation, compliance and enforcement, and service standards

Upon approval of the Order, the Mint would proceed with a production order to authorize its Winnipeg facility to start production. There are no compliance and enforcement requirements associated with this Order. Launch event tactics are developed collaboratively with federal and community partners. They may include some or all of the following: a national multi-media advertising campaign, news releases, a public launch event, media relations outreach and public 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