The following table summarizes the fees related to applications, rents and royalties for the acquisition and development of peat resources:
|Service Type||Fee ($ CAD)|
|Peat Exploration Licence Application||100.00|
|Peat Lease Application||50.00|
|Peat Lease Reclamation Security per area of Crown peatland disturbed||750.00 / ha|
|Peat Lease Annual Land Rental per area leased||5.00 / ha|
|Peat Lease Renewal||50.00|
|Peat Lease Transfer, Reduction, Subdivision, Amalgamation||50.00|
– ordinary peat
– value-added peat
0.10 / bale
0.06 / bale
A "bale" represents a volume of 0.170 m³ of peat where the peat is at approximately 50% moisture and compressed by a factor of two to one.
The base royalty is $0.10 per standard bale. For value-added peat products, the royalty is $0.06 per bale. “Value-added peat” means peat used in a product that is sold, on an equal volume basis, for a price at least twice that of ordinary peat. The value of ordinary peat for a given year is calculated based on the prescribed formula from subsection 25(3) of General Regulation 93-92 under the Quarriable Substances Act.