33. Épargne Placements Québec must send a periodic statement to the participant or the person authorized to act in the participant’s name, entitled “Portfolio Statement”, which details the status of the participant’s securities portfolio. A second statement entitled “Transaction Confirmation” is also sent as required to confirm various transactions in the participant’s securities portfolio conducted through the book based system.
The Portfolio Statement is sent quarterly unless a different arrangement has been agreed on by Épargne Placements Québec and the participant or the person authorized to act in the participant’s name. The participant’s Portfolio Statement may, however, be sent annually if no transaction has been made for a period of at least 1 year and the total balance of all accounts is less than $100, unless the participant or the person authorized to act in the participant’s name requires otherwise.
A participant may also obtain the information in the securities portfolio by telephone or through the Internet.
A participant may also empower an authorized sales agent to receive a copy of statements sent to the participant by completing the form prescribed by the Minister for that purpose.