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I-0.2.1, r. 2 - Regulation respecting quotas of brokers and trust companies
Section 4
Disposition versions
4. The historical relative performance of a broker or trust company (Pi) is determined on the basis of the number of investment agreements entered into and for which a selection certificate was issued, taking into account the importance attached to French-speaking applicants and the total number of investment agreements entered into in accordance with that same section. It is determined using the following formula:
| k | ||
| Pi = | ∑ | [IHa * ICSQ * PCSQai) + (IHa * IC * PCai) + (IHa * ICSF * PCSFai)] |
| a = 1 |
Where,
| K: | number of historical years provided for in paragraph 1 of section 6; |
| IHa: | historical importance of the year (a) according to the following formula: |
| (k + 1) - a ____________ k + (k - 1) + ... + 1 | (where a = 1 represents the most recent year) | ||
| IHa = | |||
| ICSQ: | relative importance assigned to the investment agreements entered into and for which a selection certificate was issued; | ||
| PCSQa,i: | share of the investment agreements entered into and for which a selection certificate was issued in the year (a) for the broker or trust company (i); | ||
| IC: | relative importance assigned to all the investment agreements entered into; | ||
| PCa,i: | share of the investment agreements entered into in the year (a) for the broker or trust company (i); | ||
| ICSF: | relative importance assigned to the investment agreements entered into for which a selection certificate was issued and the main applicant demonstrated a French language proficiency level at least equal to the advanced intermediate level for oral comprehension and oral expression; | ||
| PCSFa,i: | share of the investment agreements entered into for which a selection certificate was issued and the main applicant demonstrated a French language proficiency level at least equal to the advanced intermediate level for oral comprehension and oral expression in the year (a) for the broker or trust company (i). | ||
| ICSQ+IC+ICSF = 1 | |||
| ∑n i=1 | (PCSQa,i) = 1 |
| ∑n i=1 | (PCa,i) = 1 |
| ∑n i=1 | (PCSFa,i) = 1 |
| ∑n i=1 | (Pi) = 1 |
In force: 2018-08-02
4. The historical relative performance of a broker or trust company (Pi) is determined on the basis of the number of investment agreements entered into and for which a selection certificate was issued, taking into account the importance attached to French-speaking applicants and the total number of investment agreements entered into in accordance with that same section. It is determined using the following formula:
| k | ||
| Pi = | ∑ | [IHa * ICSQ * PCSQai) + (IHa * IC * PCai) + (IHa * ICSF * PCSFai)] |
| a = 1 |
Where,
| K: | number of historical years provided for in paragraph 1 of section 6; |
| IHa: | historical importance of the year (a) according to the following formula: |
| (k + 1) - a ____________ k + (k - 1) + ... + 1 | (where a = 1 represents the most recent year) | ||
| IHa = | |||
| ICSQ: | relative importance assigned to the investment agreements entered into and for which a selection certificate was issued; | ||
| PCSQa,i: | share of the investment agreements entered into and for which a selection certificate was issued in the year (a) for the broker or trust company (i); | ||
| IC: | relative importance assigned to all the investment agreements entered into; | ||
| PCa,i: | share of the investment agreements entered into in the year (a) for the broker or trust company (i); | ||
| ICSF: | relative importance assigned to the investment agreements entered into for which a selection certificate was issued and the main applicant demonstrated a French language proficiency level at least equal to the advanced intermediate level for oral comprehension and oral expression; | ||
| PCSFa,i: | share of the investment agreements entered into for which a selection certificate was issued and the main applicant demonstrated a French language proficiency level at least equal to the advanced intermediate level for oral comprehension and oral expression in the year (a) for the broker or trust company (i). | ||
| ICSQ+IC+ICSF = 1 | |||
| ∑n i=1 | (PCSQa,i) = 1 |
| ∑n i=1 | (PCa,i) = 1 |
| ∑n i=1 | (PCSFa,i) = 1 |
| ∑n i=1 | (Pi) = 1 |
