Archived - Part 3 – Various Measures: Division 7
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Dominion Coal Blocks
On August 30, 2013 the Government of Canada announced that it is considering an open competitive sale of portions of the Dominion Coal Blocks (DCB), two parcels of federal Crown land located in the Kootenay region of British Columbia.
The potential sale stems from a general review of federal corporate assets launched in 2009 to assess whether continued public ownership remains relevant, to examine opportunities for transferring assets to the private sector with the objective of stimulating additional economic activity, and to ensure that tax dollars are spent wisely.
The divestiture legislation provides the following:
- Authority for the Crown to dispose of all or any part of the DCB.
- Authority for the Minister of Natural Resources to dispose of the DCB, with the approval of the Governor-in-Council.
- Authority for the Minister of Natural Resources to grant easements over the DCB without the approval of the Governor-in-Council.
- Authority for the Minister of Natural Resources to prepare the DCB for disposal.
- Authority to pay costs related to the disposition out of the proceeds of sale.