As filed with the Securities and Exchange Commission on May 20, 2003

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SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549
____________FORM 40-F

|            |  |                                                                                                                                    
|----------- |  | -----------------------------------------------------------------------------------------------------------------------------------
|(Check One) |  |                                                                                                                                    
|o           |  | Registration Statement pursuant to Section 12 of the Securities Exchange Act of 1934                                               
|            |  | or                                                                                                                                 
|x           |  | Annual Report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended December 31, 2002

Commission file number 1-15230

FORDING CANADIAN COAL TRUST

(Exact Name of Registrant as Specified in its Charter)


|                                                                  |  |                                                          |  |                                                       
|----------------------------------------------------------------- |  | -------------------------------------------------------- |  | ------------------------------------------------------
|ALBERTA                                                           |  | 1221                                                     |  | 98-0393766                                            
|(Province or Other Jurisdiction of
Incorporation or Organization) |  | (Primary Standard Industrial
Classification Code Number) |  | (I.R.S. Employer
Identification
Number, if
applicable)

Suite 1000, 205  9th Avenue SE, Calgary, Alberta T2G 0R4, (403) 260-9800
(Address and Telephone Number of Registrants Principal Executive Offices)

Brad R. Johnston, General Manager, NYCO Minerals, Inc.
124 Mountain View Drive, Willsboro, New York 12996-0368,
(518) 963-4262
(Name, Address and Telephone Number of Agent for Service in the United States)

____________________________

Securities registered or to be registered pursuant to Section 12(b) of the Act:

|                                                                  |  |                                                                        
|----------------------------------------------------------------- |  | -----------------------------------------------------------------------
|Units, no par value
Unit Purchase Rights(1)
(Title of Each Class) |  | The New York Stock Exchange
(Name of Each Exchange on which Registered)

(1)  The Unit Purchase Rights initially are attached to and trade with the
Units.


Securities registered or to be registered pursuant to Section 12(g) of the Act:
None

Securities for which there is a reporting obligation pursuant to Section 15(d)
of the Act: None

For annual report, indicate by check mark the information filed with this form:

x Annual Information Form x Audited Annual Financial Statements

Indicate the number of outstanding shares of each of the issuers classes of
capital or common stock as of the close of the period covered by the annual
report.

As of December 31, 2002 there were 50,657,279 common shares outstanding of
Fording Inc., the predecessor of the Registrant


Indicate by check mark whether the registrant by filing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
(the Exchange Act). If Yes is marked, indicate the file number assigned
to the registrant in connection with such rule.

Yes
o82  _________           
               No x

Indicate by check mark whether the registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Exchange Act during the
preceding 12 months (or for such shorter period that the registrant was
required to file such report(s); and (2) has been subject to such filing
requirements for the past 90 days.

Yes
x       
         
    No o



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TABLE OF CONTENTS




|                                                |  |  |  |  |  |  |  | 
|----------------------------------------------- |  |  |  |  |  |  |  | 
|Signatures                                     
|CERTIFICATION OF CHIEF EXECUTIVE OFFICER       
|CERTIFICATION OF CHIEF FINANCIAL OFFICER       
|Exhibit Index                                  
|Annual Information Form                        
|2002 Annual Information Form                   
|Consent of Auditors                            
|Section 906 Certifications of President and CFO



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Information to be Filed on This Form.

|        |   |             |                                                                                                                                                                                       |  | 
|------- | - | ----------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | 
|Exhibit |   | Description
|       
|        | A |             | 2002 Annual Information Form.                                                                                                                                                        
|       
|        | B |             | Management
Discussion and Analysis for the year ended December 31, 2002 and Audited Consolidated Financial Statements as at and for
the years ended December 31, 2002, 2001 and 2000.
|       
|        | C |             | Consent
of Independent Accountants.                                                                                                                                                  
|       
|        | D |             | Section
906 certification of James G. Gardiner of Registrant, and Allen R. Hagerman of Registrant.                                                                                   

Undertaking.

Registrant undertakes to make available, in person or by telephone,
representatives to respond to inquiries made by the Commission staff, and to
furnish promptly, when requested to do so by the Commission staff, information
relating to: the securities registered pursuant to Form 40-F; the securities
in relating to which the obligation to file an annual report on Form 40-F
arises; or transactions in said securities.

Controls and Procedures.

Disclosure controls and procedures are defined by the Securities and
Exchange Commission as those controls and procedures that are designed to
ensure that information required to be disclosed in our filings under the
Securities Exchange Act of 1934 (the Exchange Act)is recorded, processed, summarized and reported
within the time periods specified in the Securities and Exchange Commission
rules and forms. Our President and Chief Financial Officer have
evaluated our disclosure controls and procedures within 90 days prior to filing
of this Annual Report on Form 40-F and have determined that such disclosure
controls and procedures are effective.

Subsequent to such evaluation, there were no significant changes in
internal controls or other factors that could significantly affect internal
controls, including any corrective actions with regards to significant
deficiencies and material weaknesses.

Consent to Service of Process.

The Registrant has previously filed with the Commission a written
irrevocable consent and power of attorney on Form F-X.

2



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Signatures

Pursuant to the requirements of the Exchange Act, the registrant certifies
that it meets all of the requirements for filing on Form 40-F and has duly
caused this annual report to be signed on its behalf by the undersigned,
thereto duly authorized.

|                   |                             |                                                                      
|------------------ | --------------------------- | ---------------------------------------------------------------------
|Date: May 20, 2003 | FORDING CANADIAN COAL TRUST
|                  
|                   | By:                         | /s/ James Frederick Jones
   James Frederick Jones
   Trust Secretary

3



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CERTIFICATION OF PRESIDENT

I, James G. Gardiner, certify that:



|1. | I have reviewed this annual report on Form 40-F of Fording
Canadian Coal Trust;                                                                                                                                                                                                                                         
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|2. | Based on my knowledge, this annual report does not contain
any untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by this annual report;
|  
|3. | Based on my knowledge, the financial statements, and other
financial information included in this annual report, fairly present
in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the
periods presented in this annual report;                   
|  
|4. | The registrants other certifying officer and I are
responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
the registrant and have:                                                                                                   
|  
|   | (a)                                                                                                                                                                                                                                                                                                                     
|  
|   | (b)                                                                                                                                                                                                                                                                                                                     
|  
|   | (c)                                                                                                                                                                                                                                                                                                                     
|  
|5. | The registrants other certifying officer and I have
disclosed, based on our most recent evaluation, to the registrants
auditors and the audit committee of registrants board of directors
(and persons performing the equivalent function);                                                                          
|  
|   | (a)                                                                                                                                                                                                                                                                                                                     
|  
|   | (b)                                                                                                                                                                                                                                                                                                                     

4



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|6. | The registrants other certifying officer and I have
indicated in this annual report whether there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of our
most recent evaluation, including any corrective actions with regard
to significant deficiencies and material weaknesses.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|                   |  |                                 
|------------------ |  | --------------------------------
|Date: May 20, 2003 |  |                                 
|                   |  | /s/ James G. Gardiner

President

5



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CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, Allen R. Hagerman, certify that:



|1. | I have reviewed this annual report on Form 40-F of Fording
Canadian Coal Trust;                                                                                                                                                                                                                                         
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|2. | Based on my knowledge, this annual report does not contain
any untrue statement of a material fact or omit to state a material
fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading
with respect to the period covered by this annual report;
|  
|3. | Based on my knowledge, the financial statements, and other
financial information included in this annual report, fairly present
in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the
periods presented in this annual report;                   
|  
|4. | The Registrants other certifying officer and I are
responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
the registrant and have:                                                                                                   
|  
|   | (a)                                                                                                                                                                                                                                                                                                                     
|  
|   | (b)                                                                                                                                                                                                                                                                                                                     
|  
|   | (c)                                                                                                                                                                                                                                                                                                                     
|  
|5. | The registrants other certifying officer and I have
disclosed, based on our most recent evaluation, to the registrants
auditors and the audit committee of registrants board of directors
(and persons performing the equivalent function);                                                                          
|  
|   | (a)                                                                                                                                                                                                                                                                                                                     
|  
|   | (b)                                                                                                                                                                                                                                                                                                                     

6



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|6. | The registrants other certifying officer and I have
indicated in this annual report whether there were significant
changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of our
most recent evaluation, including any corrective actions with regard
to significant deficiencies and material weaknesses.
|-- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|                   |  |                                               
|------------------ |  | ----------------------------------------------
|Date: May 20, 2003 |  |                                               
|                   |  | /s/ Allen R. Hagerman

Chief Financial Officer

7



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Exhibit Index

|        |   |             |                                                                                                                                                                                       |  | 
|------- | - | ----------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | 
|Exhibit |   | Description
|       
|        | A |             | 2002 Annual Information Form.                                                                                                                                                        
|       
|        | B |             | Management
Discussion and Analysis for the year ended December 31, 2002 and Audited Consolidated Financial Statements as at and for
the years ended December 31, 2002, 2001 and 2000.
|       
|        | C |             | Consent
of Auditors.                                                                                                                                                                 
|       
|        | D |             | Section
906 certification of James M. Gardiner of Registrant, and Allen R. Hagerman of Registrant.