Interpretation
 1. (1) In this Regulation, “2015 EPA Regulation” means Ontario Regulation 452/09 (Greenhouse Gas Emissions Reporting) made under the Environmental Protection Act as it read on January 1, 2015; (“règlement de la LPE de 2015”) “2015 EPA report” means a report prepared under the 2015 EPA Regulation that deals with greenhouse gas emissions during 2015; (“rapport prévu par la LPE de 2015”) “2016 EPA Regulation” means Ontario Regulation 452/09 made under the Environmental Protection Act as it read on January 1, 2016; (“règlement de la LPE de 2016”) “2016 EPA report” means a report prepared under the 2016 EPA Regulation that deals with activities engaged in during 2016; (“rapport prévu par la LPE de 2016”) “auction” means an auction held under section 58; (“mise aux enchères”) “Auction Class 1 emission allowance” means, when used in reference to an auction, an emission allowance that has no vintage year or a vintage year that is either the auction year or an earlier year; (“quota d’émission de la catégorie de mise aux enchères 1”) “Auction Class 2 emission allowance” means, when used in reference to an auction, an emission allowance that has a vintage year that is later than the auction year; (“quota d’émission de la catégorie de mise aux enchères 2”) “auction year” means, when used in reference to an auction, the year in which the auction is held; (“année de mise aux enchères”) “bid price” means the price offered for an emission allowance, as indicated in a bid submitted under this Regulation; (“prix de mise”) “California Regulation” means the Regulation for the California Cap on Greenhouse Gas Emissions and Market-Based Compliance Mechanisms, title 17, California Code of Regulations; (“règlement de la Californie”) “capped participant” means a mandatory participant or a voluntary participant; (“participant à émissions plafonnées”) “chief officer” means, with respect to an organization or entity, the individual who holds the most senior executive position in the organization or entity, regardless of the actual title of the position; (“dirigeant principal”) “CO2e” has the same meaning as in the Reporting Regulation; (“éq. CO2”) “consultant” means a person that under an agreement, other than an employment agreement, provides expert or strategic advice and related services to a registered participant for consideration and decision-making related to the registered participant’s participation in the cap and trade program; (“expert-conseil”) “Consumer Price Index for Ontario” is the Consumer Price Index for Ontario as published by Statistics Canada under the authority of the Statistics Act (Canada); (“Indice des prix à la consommation pour l’Ontario”) “current vintage emission allowance” means, when used in reference to the current year, an emission allowance that has a vintage year that is either the current year or an earlier year; (“quota d’émission du millésime passé ou présent”) “designated jurisdiction” means, (a) the province of Quebec, or (b) the state of California; (“autorité législative désignée”) “early reduction credit” means an Ontario early reduction credit or an instrument that is prescribed under section 10.1 to be treated as an early reduction credit; (“crédit pour réduction anticipée”) “external account” means an account established by a designated jurisdiction under a corresponding program of that jurisdiction; (“compte externe”) “external account representative” means an individual designated or authorized to act as an account representative for an externally authorized participant in a designated jurisdiction under a corresponding program of that jurisdiction; (“représentant de comptes externe”) “external clearing house” means an externally authorized participant that provides clearing services in the designated jurisdiction in which the participant is authorized to participate as an externally authorized participant; (“chambre de compensation externe”) “externally authorized participant” means a person who is authorized by a designated jurisdiction to participate in a corresponding program of that jurisdiction; (“participant autorisé à l’externe”) “facility” has the same meaning as in the Reporting Regulation; (“installation”) “financial services administrator” means the person designated by the Minister to provide the financial services mentioned in sections 61 and 63; (“administrateur de services financiers”) “future vintage emission allowance” means, when used in reference to the current year, an emission allowance that has a vintage year that is later than the current year; (“quota d’émission de millésime futur”) “GHG report” means a report required to be given to the Director under subsection 10 (3) of the Act; (“rapport d’émissions de GES”) “indirect useful thermal energy” has the same meaning as in the Reporting Regulation; (“énergie thermique utile indirecte”) “lowest bid price (Auction Class 1)” means the lowest bid price accepted by the Minister for Auction Class 1 emission allowances; (“prix de mise le plus bas (catégorie de mise aux enchères 1)”) “lowest bid price (Auction Class 2)” means the lowest bid price accepted by the Minister for Auction Class 2 emission allowances; (“prix de mise le plus bas (catégorie de mise aux enchères 2)”) “Ministry” means the Ministry of the Environment and Climate Change; (“ministère”) “NAICS” means the North American Industry Classification System maintained for Canada by Statistics Canada, as amended or revised from time to time; (“SCIAN”) “offset credit” means an Ontario offset credit or an instrument that is prescribed under section 10.1 to be treated as an offset credit; (“crédit compensatoire”) “Ontario clearing house” means a recognized clearing agency as defined in the Securities Act, or a person who has been exempted under section 147 of that Act from the requirement to be a recognized clearing agency; (“chambre de compensation de l’Ontario”) “Ontario early reduction credits” means Ontario credits created by the Minister under section 35 of the Act in respect of actions taken before the Act receives Royal Assent to reduce greenhouse gas; (“crédits pour réduction anticipée de l’Ontario”) “Ontario offset credits” means Ontario offset credits created under section 35 of the Act in respect of offset initiatives that are registered under section 34 of the Act; (“crédits compensatoires de l’Ontario”) “process gas” has the same meaning as in the Reporting Regulation; (“gaz de procédé”) “Quebec Regulation” means the Regulation respecting a cap-and-trade system for greenhouse gas emission allowances (CQLR, chapter Q-2, r. 46.1); (“règlement du Québec”) “Reporting Regulation” means Ontario Regulation 143/16 (Quantification, Reporting and Verification of Greenhouse Gas Emissions) made under the Act; (“règlement sur la déclaration”) “specified GHG activity” has the same meaning as in the Reporting Regulation; (“activité émettrice de GES précisée”) “year” means a calendar year. (“année”) O. Reg. 144/16, s. 1 (1); O. Reg. 473/16, s. 1; O. Reg. 257/17, s. 1; O. Reg. 450/17, s. 1 (1-9). (2) In this Regulation, a reference to electricity importation, natural gas distribution or petroleum product supply is a reference to that activity as prescribed under section 12 of the Reporting Regulation. (3) In this Regulation, a reference to the vintage year of an emission allowance is, (a) in the case of an Ontario emission allowance, the vintage year to which the Minister has classified the emission allowance; and (b) in the case of an emission allowance created by a designated jurisdiction, the vintage year assigned to the emission allowance by that jurisdiction. O. Reg. 450/17, s. 1 (10). (4) In this Regulation, a reference to the creation of an emission allowance or the issuance of a credit includes, where the emission allowance or credit is not an Ontario emission allowance or an Ontario credit, the creation or issuance of the equivalent instrument by a designated jurisdiction. O. Reg. 450/17, s. 1 (10). (5) In this Regulation, a reference to a corresponding program of a designated jurisdiction is a reference to a program established in that jurisdiction that corresponds to the cap and trade program established under the Act. O. Reg. 450/17, s. 1 (10).