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Output-Based Pricing System Regulations

Version of section 58 from 2019-06-28 to 2023-11-08:


Marginal note:Compensation information

 A person that is responsible for a covered facility must, at the time compensation is provided, submit to the Minister the following information:

  • (a) the covered facility certificate number;

  • (b) the provision of the Act under which the compensation is being provided;

  • (c) the compliance period for which compensation is being provided;

  • (d) the quantity of GHGs emitted in excess of the emissions limit in respect of which the compensation is provided, expressed in CO2e tonnes;

  • (e) the details of any excess emissions charge payment, including

    • (i) the amount in dollars paid to the Receiver General for Canada,

    • (ii) the applicable rate, and

    • (iii) the date of payment;

  • (f) the details of any surplus credits or offset credits remitted, including, for each type of credit,

    • (i) the number remitted,

    • (ii) the date of the remittance transaction,

    • (iii) the remittance transaction number,

    • (iv) the serial numbers, and

    • (v) the date or dates on which they were issued; and

  • (g) the details of any units or credits, recognized as compliance units, remitted, including

    • (i) the number remitted,

    • (ii) the province or territory or program authority referred to in subsection 78(1) that issued the units or credits,

    • (iii) the date of their retirement,

    • (iv) the serial numbers assigned to them by the province or territory or program authority referred to in subsection 78(1),

    • (v) the start date of the offset project for which the unit or credit was issued,

    • (vi) the year in which the GHG reduction or removal occurred for which the unit or credit was issued,

    • (vii) the offset protocol applicable to the project for which the unit or credit was issued, including the version number and publication date, and

    • (viii) the name of the accredited verification body that verified the units or credits.


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