Ridley Terminals Removed from Schedule III

Summary#

This order removes Ridley Terminals Inc. from Part I of Schedule III to the Financial Administration Act. The change was registered as SOR/2020-128 on June 12, 2020 and was published in the Canada Gazette on June 24, 2020.

What it does#

• Deletes the listing for Ridley Terminals Inc. from Part I of Schedule III to the Financial Administration Act.
• The order was made on the recommendation of the Minister of Finance (P.C. June 10, 2020) and came into force on its registration date, June 12, 2020.

Who's affected#

• Primarily Ridley Terminals Inc..
• Potentially federal departments, suppliers, customers, creditors, employees, or others who rely on the company’s formal status under the Financial Administration Act.
• The order itself does not explain which specific rights, duties or arrangements change because of the removal.

Why it matters#

• Being listed (or removed) in a Schedule to the Financial Administration Act is a formal change in how the company is recorded in federal law.
• That formal status can matter for things like reporting, oversight, funding arrangements or how the federal government interacts with the company.
• The order does not spell out those downstream effects, so people with a direct interest in Ridley Terminals Inc. should check with the company or the responsible federal department for details.