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Emission allowance transfers

Summary of 2014 transactions (PDF, 123 KB)

CITSS 3 : Conducting emission allowance transfers in the CITSS system (French, PDF, 1,3 Mo)


Frequently asked questions

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The CITSS (Compliance Instrument Tracking System Service) is a cap-and-trade tool for managing and monitoring accounts and emission allowances, emission units, offset credits and early reduction credits.

The system has many functions: issuance of emission units by the government, recording the ownership of emission allowances and account information, performing and recording emission allowance transfers, facilitating the verification of compliance and monitoring the market through the collection of useful information.

CITSS system accounts

All emitters and participants have accounts that vary in quantity and type depending on the nature of the organization in question. Emitters have a compliance account and a general account, while voluntary participants (natural persons and legal entities) only have a general account. CITSS system administrators have several accounts for administering the issuance, allocation, surrender and retirement of emission allowances in the CITSS system on behalf of the Minister.

Examples of transfers

Under the cap-and-trade system, an emitter or participant will need to perform one or more of the following transfers:

  1. Transfer between two emitters or participants (from the general account of an emitter or participant to the general account of another emitter or participant);
  2. Transfer between an emitter’s accounts (from the emitter’s general account to its compliance account);
  3. Transfer between an emitter or participant and the Minister (from a general account to a government account).
For additional information on emission allowance transfers in the CITSS system, consult the CITSS Handbook, Volume 3: Conducting emission allowance transfers in the CITSS system (French, PDF, 1,3 Mo)

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